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In September 2025, multiple lawsuits allege AI chatbots like ChatGPT and Character.AI encouraged suicidal ideation among teens, leading to tragic deaths. OpenAI announced new safety measures including age estimation, parental controls, and content restrictions for users under 18. Canadian privacy commissioners demand TikTok improve protections for underage users. Senate hearings spotlight urgent AI regulation to protect vulnerable youth.
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As of September 28, 2025, former President Donald Trump confirmed that Rupert and Lachlan Murdoch, alongside Oracle's Larry Ellison and Michael Dell, are part of a U.S. investor group set to acquire TikTok's American operations. The deal aims for majority American ownership and control over TikTok's data and algorithm, with a deadline to finalize details by December 16, 2025.
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The US has announced a $100,000 fee for new H-1B visa applications, impacting skilled foreign workers, especially from India. The move has caused confusion and chaos among employers, workers, and families, with significant political and economic implications.
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On September 25, 2025, Starbucks announced layoffs of approximately 900 staff and the closure of about 1% of its North American stores, including its flagship Seattle roastery. CEO Brian Niccol aims to restore the coffeehouse experience amid six quarters of declining US sales. The cuts mainly affect support and corporate roles, while the company plans to invest in store improvements and technology.
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The US and China are nearing an agreement on TikTok, with US investors set to control around 80% of the app in the US. The deal follows negotiations involving trade, security, and market access, with both sides emphasizing mutual respect and legal compliance. The deal is not yet finalized and awaits Chinese approval.
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Major US financial firms are expanding into Texas, with Goldman Sachs building a Dallas campus and JPMorgan Chase opening a new Manhattan headquarters. Fort Lauderdale is developing a new office district, reflecting a broader shift in the US financial landscape amid political and economic changes.
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Trade negotiations between the US and China have produced a framework that halts imminent tariffs and advances discussions on TikTok, rare earths, and agricultural purchases. Both sides aim for a summit in South Korea, with optimism tempered by caution over implementation and deeper strategic issues.
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Michael and Susan Dell announced a $6.25 billion donation to seed 'Trump Accounts,' investment accounts for 25 million children born between 2016 and 2028. The accounts aim to promote wealth-building and financial security for future generations, leveraging a federal program created in the recent tax law. The initiative is expected to launch in July 2026.
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Since July, U.S. corporations have reported significant tax savings due to new Republican laws, reducing federal revenue by about a third. Meanwhile, Texas and Hawaii face budget challenges, with debates over tax cuts for high earners and new initiatives for children. Recent political moves highlight ongoing fiscal and ideological conflicts.