US stock futures edged lower on Tuesday morning as investors braced for the Federal Reserve’s interest rate decision on Wednesday and monitored the fallout from Anthropic CEO Dario Amodei’s essay on AI safety fears.
Housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders.
Berkshire Hathaway BRK.A/BRK.B reported adjusted second-quarter operating results slightly better than our expectations, with the firm continuing to benefit from solid underwriting in its insurance businesses despite pricing coming down over the past year.
