Comment on Market Extra: China may avoid the worst of Trump’s tariff wrath, but Fitch has still cut its global economic outlook

Some people are taking to the Costco food court for a budget-friendly birthday meal. UCG/Getty ImagesA woman hosted a surprise party for her husband at a Costco in Georgia. Her TikTok showing the party racked up over 11 million views. It's one of several viral Costco birthday party TikToks. Here's how they're doing it.

OpenAI CEO Sam Altman supports a riff on UBI he calls "universal basic compute."Win McNamee/Getty ImagesOpenAI CEO Sam Altman has long supported the idea of a universal basic income. Many in AI think a universal basic income could help mitigate the impacts of the tech on workers. Altman floated a new kind of basic income last week that he calls "universal basic compute."OpenAI CEO Sam Altman has an interesting new idea to help those struggling financially.

Jerry Seinfeld. NBC/Getty ImagesJerry Seinfeld delivered the graduation speech at Duke University on Sunday. A video on X showed students walking out during his speech waving Palestinian flags. Seinfeld has spoken publicly in defense of Israel during its war in Gaza. Duke University graduates walked out during Jerry Seinfeld's commencement speech on Sunday, highlighting how American universities remain a political battleground.

AI is being used in the health, tech, and finance sectors. Andriy Onufriyenko/Getty ImagesMore businesses are upping their bets on AI tools. OpenAI, Midjourney, and more are the top AI companies people are spending money on, Ramp reported. Big Tech is pairing up with increasingly popular services or creating its own AI services.

A Chinese criminal organization, dubbed "BogusBazaar," appears to be behind thousands of fake online shops targeting Americans. Getty ImagesA study linked one Chinese criminal organization to over 75,000 fraudulent online shops. The group, known as 'BogusBazaar,' has processed over $50 million in fake orders, the study found. The majority of the 850,000 victims are based in the US and Europe.

Sam Altman thinks an international agency can help regulate AI. Andrew Caballero-Reynolds/Getty ImagesOpenAI CEO Sam Altman wants an international agency to regulate artificial intelligence. Altman said an agency approach would be better than inflexible laws given AI's rapid evolution. He compared AI to airplanes, emphasizing the need for a safety testing framework.