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Monday, October 12, 2026
The New York Finance

Top Business News Around The World

Monday, October 12, 2026

Governor

California governor signs order to explore AI ‘kill switch’

California Governor Gavin Newsom signed an executive order Friday directing state officials to explore the feasibility of imposing a mandatory “kill switch” for the most advanced AI models. Newsom, widely seen as…

By The New York Finance Staff

Trump’s pick for US Fed governor vows to uphold independence

Donald Trump’s pick to join the Federal Reserve’s board of governors pledged Thursday to uphold US central bank independence if confirmed, as the institution faces growing political pressure from the president to…

By The New York Finance Staff

Hawaii wildfires: Governor warns dozens more could be dead

Hawaii's governor has warned that dozens more could be dead on the island of Maui following devastating wildfires - which have already claimed the lives of 99 people. "We are prepared for…

By The New York Finance Staff