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Trump brought AI’s biggest names to Washington for a voluntary safety accord while ruling out cooperation with China, as the Supreme Court revived third-country deportations. Elsewhere, Congress moves to formally retire the penny, consumer confidence hits a 12-year low, and the 30-year Treasury yield tops 5.6%.

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The Big Read

Trump Hosts Tech Titans, Touts a Voluntary AI Safety Accord

President Donald Trump said he and AI industry leaders signed a voluntary accord Tuesday that includes internal and external reviews of the technology, following a White House meeting. Speaking at a Washington event, Trump ruled out any joint venture with China on AI, arguing that such a partnership would be tantamount to "giving away secrets" to a rival.

Attendees included Anthropic's Dario Amodei, OpenAI's Greg Brockman, Jeff Bezos, Elon Musk, Sundar Pichai, Mark Zuckerberg and Satya Nadella, with Nvidia's Jensen Huang seated at the president's right. Trump also vowed he would "never stifle" the technology's growth, even as many executives in the room have urged a slowdown after several high-profile incidents of AI agents going rogue.

Supreme Court Lets Third-Country Deportations Resume for Now

The Supreme Court on Tuesday let the administration keep deporting migrants to countries other than their own for now, halting a lower-court order in an apparent 6-3 decision. According to NPR, the court will hear full arguments in December on whether the policy is legal and whether lower courts had authority to order nationwide relief in the case.

The paused order had required the government to give migrants a chance to object before being sent to countries where they have no ties at all. The administration said that ruling forced it to cancel a flight last week carrying about 70 people, and Solicitor General John Sauer called the policy "an essential tool."

Congress Sends the Penny's Formal Retirement to Trump's Desk

The Senate passed a bill by voice vote late Monday to formally end production of the penny after 234 years, sending it to Trump, who is expected to sign it. The Mint, which stopped making pennies in 2025, says each one now costs almost 4 cents to produce, and ending production would generate immediate savings of $56 million a year.

Called the Common Cents Act, the bipartisan measure from Reps. Lisa McClain and Robert Garcia lets stores round cash transactions up or down to the nearest 5 cents. Existing pennies remain perfectly legal to spend, and retailers pushed for the bill to eliminate the threat of lawsuits as the coins steadily disappeared from circulation.

World View

Britain's new Prime Minister Andy Burnham pledged to scrap the triple lock on state pensions from 2030 to help fund a new national care service, in his first conference speech.

Morocco has named its first female prime minister, as King Mohammed VI picked Fatima Zahra El Mansouri after her centrist party won the most seats in last week's elections.

A Russian nuclear-capable Tu-95 strategic bomber crashed on a training mission Tuesday, killing six crew members in the far eastern Amur region, while one survivor was hospitalized.

Need To Know

Federal student loan borrowers now have until Dec. 31 to sign up for automatic payments and get a 1-percentage-point interest rate cut, after the Education Department extended its deadline.

A Utah man who spent 41 years on death row was released on bail Monday after prosecutors said new DNA analysis did not link him to a 1985 killing.

Two Indian nationals face federal charges in Florida for allegedly smuggling counterfeit Ozempic from China, a scheme prosecutors say continued even after the FDA seized fakes in 2023.

Money & Markets

Wall Street slipped for a second straight session as the 30-year Treasury yield topped 5.6%, its highest since 2002, while the Dow shed about 132 points and banks led declines.

Disney is laying off around 300 employees, mostly in human resources and technology roles, in its latest round of cuts since CEO Josh D'Amaro took the helm earlier this year.

Boeing's long-delayed 737 Max 10 jet hit another snag over a software glitch, though Alaska Airlines CEO Ben Minicucci said he is "not overly concerned" about the certification delay.

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Future Frontiers

OpenAI CEO Sam Altman unveiled "Dots," always-on AI agents that tackle tasks proactively for users, at the company's annual developer conference, positioning them against Meta's popular personal agent Muse.

A New York startup called Origin Genomics is testing gene editors on donated embryos to fight inherited diseases, though heritable embryo editing remains illegal in the US.

A Nature editorial calls for international oversight after Stanford researchers transplanted human brain organoids into mice, where the lab-grown tissue survived and formed working connections with the animals' brains.

The Score

Manchester City was found guilty Tuesday of arranging "sham" contracts and misstating accounts, inflating commercial revenue by £830 million from 2009 to 2018, with sanctions set for a separate hearing.

Yankees captain Aaron Judge was left off New York's Wild Card Series roster against Boston with a strained right calf, while Giancarlo Stanton made the cut after five-plus months out.

The NBA is reviewing three finalist bids for its planned Las Vegas expansion team, priced at no less than $12 billion to $13 billion for the franchise and new arena.

Life & Culture

"Game of Thrones: Aegon's Conquest," the first Westeros movie, hits theaters on June 6, 2029, with Owen Harris directing from a screenplay by Beau Willimon, Variety reports.

Warner Bros. is urging moviegoers to "decide for yourself" with a new "Digger" ad quoting both raves and pans, as critics cooled on Tom Cruise's $125 million-plus Iñárritu film.

The MacArthur Foundation's 2026 fellows will each receive no-strings-attached $800,000 fellowship grants, with winners including a saxophonist whose shows feature onstage cooking and a forensic anthropologist repatriating migrants' remains.

Deep Dive

Americans Sour on the Economy as Job Openings Shrink

What it is: The Conference Board's consumer confidence index tumbled 6.7 points to 81.9 in September, its lowest reading since April 2014 and below even the worst level recorded during the pandemic. Americans' view of their present situation fell 7.9 points to 109.3, while their short-term outlook slid 5.9 points to 63.6, following two prior months of softening.

The detail: More respondents called their personal finances bad than good, the first time in the question's four-year history, and the headline reading landed far below the 89 economists expected.

Chief economist Dana Peterson said write-in references to prices, the high cost of goods and services, and oil and gas in particular rose to new heights, reflecting September's fuel surge.

Why it matters: The gloom arrives as employers posted just 7.08 million openings in August, down from 7.34 million in July and the fewest since March, according to the Labor Department. Layoffs fell and hiring has rebounded from a miserable 2025, with employers adding an average of 80,000 jobs a month, but quits, a gauge of worker confidence, retreated slightly.

What to watch: The Labor Department's September jobs report arrives Friday, and forecasters surveyed by FactSet expect 95,000 net new jobs, down from a surprisingly strong 162,000 in August. They also expect the unemployment rate to hold at a low 4.1%, a sign that most American workers still enjoy an unusual degree of job security despite the gloom.

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Extra Bits

Police in Monroe Township, New Jersey took a large wandering tortoise into custody after what they called a brief foot pursuit, adding that "we won," and are seeking its owner.

An Instagram contest in India's capital is crowning Delhi's most beloved fat dog, with 64 paunchy pooches nominated, several of them neighborhood pets cared for by residents and shopkeepers.

Nearly 300 poodle mixes and their families packed a Nevada water park for a Guinness record dog pool party, as 296 doodles splashed through the wave pool at Doodlepalooza 2026.

Today's Trivia

The first item ever sold on eBay, in 1995, was what?

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On This Day

Mozart's "The Magic Flute" premieres in Vienna (1791) · Babe Ruth hits his 60th home run of the season (1927) · The Berlin Airlift ends (1949) · The USS Nautilus, the first nuclear-powered submarine, is commissioned (1954) · "The Flintstones" premieres on ABC (1960) · James Meredith arrives at the University of Mississippi under federal protection (1962)

"Americans are free, in short, to disagree with the law but not to disobey it." — John F. Kennedy, U.S. president, in his Sept. 30, 1962, address on the University of Mississippi

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—The Five Minute Daily Team