OpenAI Codex product lead Tibo said GPT-6.1 Sol is likely the highest-demand model to date across both API and subscription users. ChatGPT and Codex had been experiencing heavy load, but OpenAI has deployed additional compute capacity; runtime performance should improve significantly over the next few hours and is expected to reach roughly twice yesterday's service speed.

Fed Governor Lisa Cook said US inflation remains above the Fed's 2% target and has been so for more than five years; she supports a 25bp increase at the September meeting and emphasized restoring price stability while keeping the labor market strong. Cook said rural America employs about 20 mln people—roughly one‑eighth of US employment—with unemployment near the national rate but lower labor‑force participation and slower job growth than urban areas. She noted rural inflation after the pandemic was at times higher than in cities, driven mainly by energy and housing costs; rural households spend about 25% of expenditures on transportation, increasing sensitivity to energy-price swings. Rural small businesses number roughly 4.3 mln (over 96% of local firms) and provide about 7.4 mln jobs.

Japan Q3 Tankan large manufacturers' business sentiment index +24, consensus +25, prior +22.