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A former OpenAI board member dropped a bombshell allegation about CEO Sam Altman and the company’s ethics. But this isn’t the first time employees have expressed safety concerns about the company. We’ll explain. Plus, a new rule aims to protect buy now, pay later users. And, how college sports might finally get recognized as a multibillion-dollar business.

Here’s everything we talked about today:


“The Golden Triangle: How the CHIPS Act is changing one Arizona neighborhood” from Marketplace
“What really went down at OpenAI and the future of regulation w/ Helen Toner” from The TED AI Show
“Former OpenAI board member explains why they fired Sam Altman” from The Verge
“Commissioner Sankey: ‘There’s no better time to be a student-athlete’” from SEC Sports
“What to know about House v. NCAA settlement and a historic day for college sports” from The New York Times
“Klarna CEO on CFPB declaration: Wise to put regulations around this” from CNBC
“CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans” from Consumer Financial Protection Bureau
“Buy now, pay later debt grows but is hidden from credit bureaus” from Marketplace

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks and play a round of Half Full/Half Empty.

Revised gross domestic product for the first quarter shows even slower growth than the original estimate. With U.S. GDP representing nearly a quarter of global output, what happens here can affect other economies. Also in this episode: why companies opt for machines over people, how cyberattacks affect small businesses, and what one South Gate, California, business owner thinks of prices.

Markets fell; GDP revision shows slower economy; Boeing meets with FAA on safety plan; Salesforce loses fifth of value.

GDP grew 1.3%, as consumer spending on services held up; wholesale inventories advance 0.2%; Dollar Tree to reopen 99 Cents Only stores; initial jobless claims remain low.

Thursday marks the end of the 90-day period the FAA gave Boeing to come up with a plan to improve its safety and quality-control practices, something prompted by a fuselage panel blowout on an Alaska Airlines flight in January. Boeing has already announced a number of changes since then. What more do we expect to learn today? Also on the program: the number of wholesale goods sitting on shelves a dramatic decline in foreclosures.

In the months since the outbreak of the war in Gaza, Palestine’s economy has been radically altered. Today, we hear about the conflict’s impact on the West Bank, Palestinian tax revenue and what recovery from such destruction and devastation in Gaza could potentially look like. Plus, the rise in artificial intelligence requires lots of data computing centers to power that AI. And all those data centers use lots of electricity.