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Nevada Sunrise Metals Corporation (TSXV: NEV,OTC:NVSGF) (OTC Pink: NVSGF) (‘Nevada Sunrise’ or the ‘Company’) is pleased to announce it has closed a non-brokered private placement (the ‘Offering’) for gross proceeds of $650,000, consisting of 13,000,000 units (the ‘Units’) at a price of $0.05 per Unit, with each Unit comprised of one common share of the Company and one common share purchase warrant (a ‘Warrant’). Each Warrant will entitle the holder to purchase one common share at a price of $0.075 for a period expiring three years from the closing date of the Offering. Due to investor demand, the Offering was increased from $600,000 (12,000,000 Units) (see news release dated October 16, 2025) to $650,000 (13,000,000 Units).

Proceeds of the Offering will be used for:

  • Exploration work on the Company’s Nevada mineral properties;
  • Other mineral property investigations, and general working capital.

The Offering was available to accredited investors and individuals that qualified under certain other statutory exemptions. The securities issued pursuant to the Offering are subject to a statutory hold period expiring March 7, 2026. In connection with the closing of the Offering, the Company paid finder’s fees consisting of a total of $31,500 cash and 630,000 finder’s warrants (each a ‘Finder’s Warrant‘) to Canaccord Genuity Corp. Each Finder’s Warrant is exercisable at a price of $0.075 for a period of three years from the closing date of the Offering. The Offering is subject to acceptance of the TSX Venture Exchange.

This news release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the ‘1933 Act‘) or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in gold, copper and lithium exploration projects located in the State of Nevada, USA.

Nevada Sunrise holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers (33 miles) southwest of Ely, NV.

Nevada Sunrise holds the right to earn a 100% interest in the Coronado Copper Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.

Nevada Sunrise owns 100% interests in the Gemini West, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, NV.

As a complement to its exploration projects in Esmeralda County, the Company owns Nevada Water Right Permit 86863, also located in the Lida Valley basin, near Lida, NV.

For Further Information Contact:

Warren Stanyer, President and Chief Executive Officer
email: warrenstanyer@nevadasunrise.ca
Telephone: (604) 428-8028
Website: www.nevadasunrise.ca

FORWARD LOOKING STATEMENTS

This release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to future plans for the Company’s Nevada mineral properties; reliance on technical information provided by third parties on any of our exploration properties; changes in mineral project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or metallurgical recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays due to weather; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled ‘Risk Factors’ in the Company’s Management Discussion and Analysis for the Nine Months ending June 30, 2025, which is available under Company’s SEDAR profile at www.sedarplus.com.

Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273569

News Provided by Newsfile via QuoteMedia

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Here’s a quick recap of the crypto landscape for Wednesday (November 5) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$103,902, a 3.3 percent increase in 24 hours and its highest valuation of the day. Bitcoin’s lowest valuation on Wednesday was US$102,377.

Bitcoin price performance, November 5, 2025.

Chart via TradingView.

Both Bitcoin and Ether (ETH) are showing signs of recovery after a volatile start to the week. Current price action is driven by derivatives liquidations, options settlement dynamics and sustained retail and institutional fear.

Ether ended the trading day at US$3,448.04, an increase of 7.5 percent over the last 24 hours. Its lowest valuation of the day was US$3,326.02. Like Bitcoin, Ether is attempting a rebound near a significant technical and psychological level, but uncertainty remains elevated. The Fear and Greed Index remains in “extreme fear” at 20, reflecting persistent nervousness after long-term holders and whales triggered mass liquidations.

“Market data and technical signals suggest Bitcoin may trade within a US$94,000–US$118,000 range in the near term. The lower bound represents a healthy retracement zone consistent with subdued ETF inflows, while the upper range reflects a measured recovery below the October high near US$125K. Ethereum is likely to move between US$3,000 and US$4,400, supported by Layer-2 expansion and renewed DeFi participation,’ she said via email.

“Overall, the market appears to be stabilizing in a more disciplined, data-driven manner, signaling that confidence is returning through structural resilience and steady capital reallocation.”

Meanwhile, Galaxy’s head of research, Alex Thorn, said that the investment company has lowered its 2025 Bitcoin price forecast from US$185,000 to US$120,000.

Altcoin price update

  • Solana (SOL) was priced at US$162.69, up by 6.6 percent over the last 24 hours and at its highest valuation of the day. Its lowest was US$157.65.
  • XRP was trading for US$2.37, up by 9.7 percent over the last 24 hours to its highest valuation of the day. Its lowest was US$2.25.

Crypto derivatives and market indicators

Over the past four hours, Bitcoin has seen liquidations totaling US$16.11 million, mostly in short positions, suggesting a short-covering rally and improving near-term sentiment. Futures open interest is fractionally down 0.15 percent to US$70.17 billion, indicating a minor position reduction after aggressive selling earlier in the week.

The funding rate is neutral at 0.001, signaling balanced sentiment between longs and shorts, while implied volatility remains elevated at 45.9 percent, pointing to continued market uncertainty.

Max pain for options expiry sits at US$104,000, a level that the Bitcoin price is approaching.

Meanwhile, US$27.84 million in Ether options positions, also primarily shorts, have been liquidated in the past four hours, contributing to the uptrend as risk reversals shift. Ether has seen a 1.51 percent increase in open interest to US$40.3 billion, and its funding rate is slightly negative at -0.001, strengthening the bullish undertone.

Bitcoin dominance stands at 57.21 percent.

Today’s crypto news to know

Ripple secures US$500 million boost at US$40 billion valuation

Ripple has raised US$500 million in a new funding round led by Fortress Investment Group and Citadel Securities, valuing the company at US$40 billion. The investment follows Ripple’s US$1 billion tender offer earlier this year at the same valuation, marking a continuation of investor confidence in the firm’s long-term outlook.

Ripple said the funds will strengthen its partnerships with financial institutions and expand its services across custody, stablecoin issuance and crypto treasury management. The company’s RLUSD stablecoin has gained traction for corporate payments amid clearer US regulations under the GENIUS Act. The funding also positions Ripple to deepen its role in global payments as more firms integrate stablecoins into settlement networks.

Canada announces plans to introduce stablecoin legislation

The Canadian government announced as part of its 2025 budget that it plans to introduce legislation regulating fiat-backed stablecoins. The legislation aims to provide a secure, stable framework encouraging the development of Canadian-dollar pegged stablecoins, modernizing payment systems and fostering digital innovation.

The new rules will require stablecoin issuers to maintain sufficient asset reserves to back their digital currencies, safeguard consumer interests and comply with national security standards to protect personal data.

The Bank of Canada will receive C$10 million over two years starting in the 2026 to 2027 period to oversee the new framework, with ongoing costs expected to be covered by stablecoin issuers.

Northern Data exits Bitcoin mining in US$200 million AI transition

Northern Data Group, Europe’s largest Bitcoin-mining company, is divesting its mining arm, Peak Mining, in a deal worth up to US$200 million as it pivots entirely toward artificial intelligence (AI) infrastructure. The transaction includes US$50 million in upfront cash and up to US$150 million in performance-based payments tied to future profits.

The move follows the Bitcoin halving this past April, which cut mining revenues in half and accelerated the firm’s strategic shift. The company plans to repurpose its mining facilities in Texas for high-performance AI workloads, which can yield up to 10 times more revenue per megawatt than Bitcoin mining.

The company already owns over 220,000 GPUs through prior acquisitions.

Balancer protocol suffers major exploit

The Balancer DeFi protocol suffered a major exploit on Tuesday (November 3), losing about US$128 million in assets from its V2 Composable Stable Pools due to a precision rounding error and access control flaws in its smart contracts.

According to a report released after the attack, the infiltrator manipulated swap calculations and batch swaps to drain liquidity across multiple blockchains, including Ether, Polygon, Arbitrum and others.

Balancer promptly paused affected pools, confirmed no impact on V3 or other versions, and is collaborating with forensic and security experts to trace and recover funds. So far, US$19.3 million worth of StakeWise osETH has been recovered. Balancer has offered a white hat bounty for full asset return within 48 hours and continues investigating.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Fertilizer prices remained elevated in Q3 compared to both the first half of the year and the end of 2024.

Potash prices surged at the start of the year as the Trump administration threatened tariffs on Canada, the top supplier to US farmers. During the third quarter, prices were 20 percent higher than at the end of last year.

Meanwhile, phosphate prices continued to climb through Q3 on the back of supply shortages, spurred by export restrictions from top producer China. Prices were further influenced by US tariffs.

What happened to phosphate and potash prices in Q3?

According to data from the World Bank, the average quarterly phosphate price rose to US$770.60 per metric ton (MT), up from US$673.20 in Q2, and significantly higher than the annual average of US$563.70 in 2024.

On a monthly basis, phosphate climbed to US$736 in July, then climbed to a three year high of US$795.10 in August. Since then, the price has fallen to US$780.63 in September and US$754 in October.

The quarterly average for potash fell slightly in Q3 to US$352.20 per MT, down from US$359.20 the previous quarter, but remained higher than US$283.90 in the last quarter of 2024.

On a monthly basis, potash prices eased to US$362.50 in July, and continued to fall to US$356.50 in August. They sank further to US$352.50 in September and US$352 in October.

What factors impacted phosphate in Q3?

Phosphate prices have been primarily influenced over the last several years by export restrictions from China, which have declined to 6.6 million MT in 2024 from 9 million MT in 2021. The restrictions were put in place to protect the domestic supply, and while the hope was that they would eventually ease, that hasn’t happened.

“As expected, their exports started to arrive in July to September; however, the government had a self-imposed October 15 cutoff date for export submission. That date came and went without an extension, so now the belief is their flows will slow to a crawl very soon,” he said. The situation may face additional headwinds, as China has imposed more restrictions on key battery technologies and precursors for phosphate-based batteries. These restrictions will add to demand for ex-China supply as the agricultural sector competes with battery makers for a limited supply of phosphate.

Demand for phosphate is also high, particularly from India, which has been working to increase its stockpiles since the end of 2024, when they reached a low of 1.1 million MT. However, stockpiles had more than doubled to 2.4 million MT at the start of October, with imports climbing to 4 million MT during the April to September period.

Much of the demand has been covered by supply from Saudi Arabia and Morocco, which signed several offtake agreements with Indian importers in July. “They were a major driver of higher prices for much of 2025 as they played catch up on stockpiles, and have finally reached a comfortable number of tons, which has allowed them to slow their desperate pace. The slower demand pace has allowed the market time to breathe/correct lower,” Linville said.

For US-based farmers, supply isn’t the only issue.

On August 7, a host of new tariffs as high as 25 percent were applied to phosphate imports, including from Saudi Arabia, which accounted for 54.7 percent of imports during the first five months of the year. Although there were some concerns that higher prices could prompt farmers to rethink their strategy, Linville hasn’t seen that materialize either.

With reports that farm yields this year have been higher, it may prompt farmers who have been on the fence about a fall application of phosphate to reconsider, as a significant yield would indicate some phosphate soil depletion.

“While still spoty, we are continuing to hear reports that phosphate demand is better than expected,” he said.

However, Linville noted that a surge in last-minute demand it could make supplies tighter and limit the ability for phosphate to make it onto the fields.

What factors impacted potash in Q3?

Linville said potash news was quiet during the quarter, pointing to stable prices and a well-supplied market.

In July, BHP (ASX:BHP,NYSE:BHP,LSE:BHP) announced it was delaying the opening of its Jansen mine in Saskatchewan. It was initially slated to start production in 2026, but has instead moved its timeline back to 2027 and is also considering pushing the second phase to 2031, citing cost overruns that have ballooned to US$7 billion.

Although potash has so far escaped US tariffs, Linville noted some concern following Ontario’s anti-tariff ad, which ran in the US during the World Series. “We continue to hope/believe that potash will be left alone as part of the North America Trade agreement. Assuming potash is left alone, markets should continue as normal; however, if we start seeing barriers to entry, US farmers will likely bear the brunt of most/all of those tariffs,” he said

Potash and phosphate price forecast for 2025

While potash markets remain stable, phosphate markets are much more dynamic.

Unless there is a significant shift in China’s exports, supply should remain tight. In his most recent weekly update on November 5, Linville noted that the situation could become dire for US consumers before the end of the year.

“We continue to advise our people that if they decide they need phosphate after all, do not wait to lock it up. Days very well may matter. Heck, hours might matter. Supplies are tight and can ill-afford a sudden demand jump,” he wrote.

Additionally, markets are likely to become further strained in the years to come as limited supply meets increased demand from outside the agricultural sector.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday.

“This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008,’ the firm said in a news release.

From January through the end of October, employers have announced the elimination of nearly 1.1 million jobs. It’s the most Challenger has recorded since 2020, when the Covid-19 pandemic shut down the global economy.

“October’s pace of job cutting was much higher than average for the month,’ Andy Challenger, the firm’s chief revenue officer, said in a statement. The last time there was a higher October monthly total was in 2003.

“Some industries are correcting after the hiring boom of the pandemic, but this comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes,” he said.

On Wednesday, the private payroll processor ADP released its own October jobs data, showing that employers added just 42,000 jobs in the month.

The ADP report also flagged job losses in the leisure and hospitality sector as a potential sign of trouble ahead, given the industry’s acute sensitivity to consumer sentiment.

ADP’s chief economist called the losses in hospitality and leisure a ‘concerning trend.’

Both Challenger and ADP’s reports landed as major companies such as Amazon, IBM, UPS, Target, Microsoft, Paramount and General Motors announced plans to eliminate tens of thousands of jobs.

Despite the wave of downbeat economic news, the Trump administration continues to deliver an upbeat take on the current environment.

“Jobs are booming” and “inflation is falling,” Treasury Secretary Scott Bessent said Tuesday.

However, the most recent available data paints a different picture.

Inflation has also been on the rise. Prices as measured by the Consumer Price Index overall have risen every month since April.

A spokesperson for the Treasury Department did not immediately reply to a request for comment on the Challenger report.

Challenger’s report does not typically carry the same weight with economists and investors as federal jobs data, owing to its methodology.

To arrive at its figures, the firm compiles the number of job cuts companies have publicly announced. But employers may not ultimately carry out all the cuts they roll out.

Moreover, some of the job cuts that multinational companies announce could affect workers outside of the United States. Other headcount reductions could be achieved through attrition, rather than layoffs. The report also may not capture smaller layoffs over the long run.

But in the midst of a federal data blackout caused by the government shutdown, Challenger’s latest report is being read more closely than usual.

The federal government’s October jobs report that would traditionally be released Friday will not be published this week, due to the shutdown.

Other key data about the U.S. economy like GDP and an inflation indicator called PCE, closely watched by the Federal Reserve, has also been delayed.

Challenger equated the impact of AI on the current labor market to the rise of the internet in the early aughts. “Like in 2003, a disruptive technology is changing the landscape,” it said.

‘Technology continues to lead in private-sector job cuts as companies restructure amid AI integration, slower demand, and efficiency pressures,’ Challenger said.

But even firms that are not actively cutting jobs have warned that they do not plan to add to their headcount in the near term, with several pointing directly to AI’s impact on their personnel needs.

On Wednesday night, JPMorgan Chase CEO Jamie Dimon told CNN that headcount at his company would likely remain steady as the nation’s largest bank rolls out AI internally.

Goldman Sachs CEO David Solomon also recently told his employees that the firm would ‘constrain headcount growth through the end of the year,’ as it takes advantage of AI efficiencies, Bloomberg reported.

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President Donald Trump said on Wednesday morning that the ongoing government shutdown was partly to blame for Republican losses on Election Day.

Trump told reporters during a breakfast with GOP lawmakers at the White House that election night on Tuesday ‘was not expected to be a victory,’ saying the 36-day government shutdown was one of two possible reasons.

‘I think, if you read the pollsters, the shutdown was a big factor,’ Trump said. ‘Negative for the Republicans, and that was a big factor.’

Trump added: ‘And they say that I wasn’t on the ballot and was the biggest factor. But I don’t know about that. But I was honored that they said that.’

His remarks come after Democrats won resoundingly in multiple states on Tuesday, with exit polls showing economic worries were very much on the minds of voters.

‘I don’t think it was good for Republicans,’ Trump said of the election results. ‘I don’t think it’s good. I’m not sure it was good for anybody.’

Some major losses for Republicans included the New York City mayoral race, and contests for governor in New Jersey and Virginia. Democrats also secured another expected win in California, where voters approved a new congressional map that is designed to help their party win five more U.S. House seats in next year’s midterm elections.

On the morning following the defeats, Trump called on lawmakers to bring the 36-day government shutdown, now the longest on record, to an end. 

‘We must get the government open,’ Trump said, going on to push Republican senators to end the filibuster.

‘It’s time for Republicans to do what they have to do,’ he said. ‘Terminate the filibuster.’

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

House GOP leaders’ daily government shutdown press conference briefly descended into chaos on Wednesday when a Democratic lawmaker interrupted the event.

Rep. Chrissy Houlahan, D-Pa., a moderate Democrat, shared a heated exchange with Speaker Mike Johnson, R-La., after crashing his remarks outside the U.S. Capitol while demanding he meet with her caucus to end the shutdown.

Johnson told her, ‘You should respect free speech,’ to which Houlahan responded, ‘You should respect free speech.’

‘I’m asking a question if you’re ready to have a conversation with the other side,’ Houlahan shouted from where reporters were gathered at the press conference. ‘You represent all of us. You are the speaker for all of us, sir.’

Johnson attempted to take a question from a reporter but told them, ‘I can’t hear you because we have someone who doesn’t respect the rights of their colleagues.’

Meanwhile, Houlahan kept shouting over the speaker even as he tried to call order.

‘You have an obligation not just to speak lies to the American people, you have an obligation to call the leadership of both parties and bring us together, and solve this problem together,’ she yelled.

House GOP Conference Chair Lisa McClain, R-Mich., erupted back, ‘You have an obligation!’

‘We did that before the shutdown began. I went to the White House. We went and sat in front of the Resolute Desk. We brought [House Minority Leader Hakeem Jeffries, D-N.Y., and Senate Minority Leader Chuck Schumer, D-N.Y.] in and we had a discussion,’ Johnson responded. 

‘The president said, ‘Please don’t shut the government down, it would all this pain to the American people.’ This has never happened before. It is a clean, non-partisan CR that every Democrat, including you, voted no on,’ he said.

Houlahan shot back, ‘You are absolutely misrepresenting history, sir, and you know that you are, and you’re dividing the American people unnecessarily.’

The two continued to speak over each other, with Johnson accusing Houlahan of having ‘regret’ for her vote.

‘No, sir, I do not regret anything. It’s important that we work together and that we unify,’ she responded.

Johnson said, ‘I appreciate your input. Now somebody give me a question that’s real.’

‘I appreciate you too,’ she finished.

Tensions are running high on Day 36 of the government shutdown, now the longest such standoff in U.S. history.

It was Johnson’s first shutdown press conference after Tuesday night’s sweeping victories for Democrats during elections in Virginia, New Jersey and New York City.

Republicans had anticipated Democrats’ resolve was weakening amid a lack of funding for food aid programs and paychecks for air traffic controllers, but Tuesday night’s wins appear to have emboldened some on the left as well.

The House passed a short-term federal funding bill on Sept. 19 aimed at giving lawmakers until Nov. 21 to strike a deal on fiscal year (FY) 2026 spending levels.

But at least some Democrats are needed to advance the legislation in the Senate, where it’s failed 14 times over the left’s demand that any funding deal be paired with an extension of COVID-19 pandemic-era Obamacare subsidies that are set to expire at the end of this year.

Republicans have contended that federal funding and healthcare are issues that must be considered separately.

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A new bipartisan bill introduced by Sens. Josh Hawley, R-Mo., and Richard Blumenthal, D-Conn., would bar minors (under 18) from interacting with certain AI chatbots. It taps into growing alarm about children using ‘AI companions’ and the risks these systems may pose.

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What’s the deal with the proposed GUARD Act?

Here are some of the key features of the proposed Guard Act:

  • AI companies would be required to verify user age with ‘reasonable age-verification measures’ (for example, a government ID) rather than simply asking for a birthdate.
  • If a user is found to be under 18, a company must prohibit them from accessing an ‘AI companion.’
  • The bill also mandates that chatbots clearly disclose they are not human and do not hold professional credentials (therapy, medical, legal) in every conversation.
  • It creates new criminal and civil penalties for companies that knowingly provide chatbots to minors that solicit or facilitate sexual content, self-harm or violence.

The motivation: lawmakers cite testimony of parents, child welfare experts and growing lawsuits alleging that some chatbots manipulated minors, encouraged self-harm or worse. The basic framework of the GUARD Act is clear, but the details reveal how extensive its reach could be for tech companies and families alike.

Why is this such a big deal?

This bill is more than another piece of tech regulation. It sits at the center of a growing debate over how far artificial intelligence should reach into children’s lives.

Rapid AI growth + child safety concerns

AI chatbots are no longer toys. Many kids are using them. Hawley cited more than 70 percent of American children engaging with these products. These chatbots can provide human-like responses, emotional mimicry and sometimes invite ongoing conversations. For minors, these interactions can blur boundaries between machine and human, and they may seek guidance or emotional connection from an algorithm rather than a real person.

Legal, ethical and technological stakes

If this bill passes, it could reshape how the AI industry manages minors, age verification, disclosures and liability. It shows that Congress is ready to move away from voluntary self-regulation and toward firm guardrails when children are involved. The proposal may also open the door for similar laws in other high-risk areas, such as mental health bots and educational assistants. Overall, it marks a shift from waiting to see how AI develops to acting now to protect young users.

Industry pushback and innovation concerns

Some tech companies argue that such regulation could stifle innovation, limit beneficial uses of conversational AI (education, mental-health support for older teens) or impose heavy compliance burdens. This tension between safety and innovation is at the heart of the debate.

What the GUARD Act requires from AI companies

If passed, the GUARD Act would impose strict federal standards on how AI companies design, verify and manage their chatbots, especially when minors are involved. The bill outlines several key obligations aimed at protecting children and holding companies accountable for harmful interactions.

  • The first major requirement centers on age verification. Companies must use reliable methods such as government-issued identification or other proven tools to confirm that a user is at least 18 years old. Simply asking for a birthdate is no longer enough.
  • The second rule involves clear disclosures. Every chatbot must tell users at the start of each conversation, and at regular intervals, that it is an artificial intelligence system, not a human being. The chatbot must also clarify that it does not hold professional credentials such as medical, legal or therapeutic licenses.
  • Another provision establishes an access ban for minors. If a user is verified as under 18, the company must block access to any ‘AI companion’ feature that simulates friendship, therapy or emotional communication.
  • The bill also introduces civil and criminal penalties for companies that violate these rules. Any chatbot that encourages or engages in sexually explicit conversations with minors, promotes self-harm or incites violence could trigger significant fines or legal consequences.
  • Finally, the GUARD Act defines an AI companion as a system designed to foster interpersonal or emotional interaction with users, such as friendship or therapeutic dialogue. This definition makes it clear that the law targets chatbots capable of forming human-like connections, not limited-purpose assistants.

How to stay safe in the meantime

Technology often moves faster than laws, which means families, schools and caregivers must take the lead in protecting young users right now. These steps can help create safer online habits while lawmakers debate how to regulate AI chatbots.

1) Know which bots your kids use

Start by finding out which chatbots your kids talk to and what those bots are designed for. Some are made for entertainment or education, while others focus on emotional support or companionship. Understanding each bot’s purpose helps you spot when a tool crosses from harmless fun into something more personal or manipulative.

2) Set clear rules about interaction

Even if a chatbot is labeled safe, decide together when and how it can be used. Encourage open communication by asking your child to show you their chats and explain what they like about them. Framing this as curiosity, not control, builds trust and keeps the conversation ongoing.

3) Use parental controls and age filters

Take advantage of built-in safety features whenever possible. Turn on parental controls, activate kid-friendly modes and block apps that allow private or unmonitored chats. Small settings changes can make a big difference in reducing exposure to harmful or suggestive content.

4) Teach children that bots are not humans

Remind kids that even the most advanced chatbot is still software. It can mimic empathy, but does not understand or care in a human sense. Help them recognize that advice about mental health, relationships or safety should always come from trusted adults, not from an algorithm.

5) Watch for warning signs

Stay alert for changes in behavior that could signal a problem. If a child becomes withdrawn, spends long hours chatting privately with a bot or repeats harmful ideas, step in early. Talk openly about what is happening, and if necessary, seek professional help.

6) Stay informed as the laws evolve

Regulations such as the GUARD Act and new state measures, including California’s SB 243, are still taking shape. Keep up with updates so you know what protections exist and which questions to ask app developers or schools. Awareness is the first line of defense in a fast-moving digital world.

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Kurt’s key takeaways

The GUARD Act represents a bold step toward regulating the intersection of minors and AI chatbots. It reflects growing concern that unmoderated AI companionship might harm vulnerable users, especially children. Of course, regulation alone won’t solve all problems, industry practices, platform design, parental involvement and education all matter. But this bill signals that the era of ‘build it and see what happens’ for conversational AI may be ending when children are involved. As technology continues to evolve, our laws and our personal practices must evolve too. For now, staying informed, setting boundaries and treating chatbot interactions with the same scrutiny we treat human ones can make a real difference.

If a law like the GUARD Act becomes reality, should we expect similar regulation for all emotional AI tools aimed at kids (tutors, virtual friends, games) or are chatbots fundamentally different? Let us know by writing to us at Cyberguy.com.

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Democrat Abigail Spanberger defeated Republican Winsome Earle-Sears to win the Virginia governor’s race, tallying significant leads among reliable Democratic groups while capitalizing on economic worries and the deep unpopularity of President Donald Trump in the state.

Spanberger will be the first woman to hold the office in the Old Dominion State.

The former Virginia congresswoman replaces term-limited Republican Governor Glenn Youngkin, who was the first Republican to win a statewide election in Virginia in 12 years when he was elected in 2021. That race surprised many in that it was much closer than the 2020 presidential race the year before, when Joe Biden defeated Trump by 10 points. This year it was the other way around, with Spanberger well exceeding the 2024 presidential margin that saw Harris over Trump by only six points.

Trump was undoubtedly a factor in the race, even though he wasn’t on the ballot. Close to six in 10 Virginia voters disapproved of the job he is doing, while more than half said they strongly disapprove. The vast majority of these voters backed Spanberger.

Two-thirds of Spanberger supporters said their vote was expressly to show opposition to the president. That compares to about one-third of those backing current Lt. Governor Earle-Sears who said theirs was to show support.

Aside from those sending a signal of opposition to Trump, Spanberger’s strong appeal to Black voters, college graduates and the young was more than enough to offset Earle-Sears’ strength among White men, White evangelicals and those with no college degree, according to near-final data from the Fox News Voter Poll, a survey of more than 4,000 Virginia voters.

Not even the prospect of voting for the first Black woman governor of any state seemed to move Black voters, who backed Spanberger by about a nine to one margin.

Spanberger also benefited from a significant gender gap. Indeed, 65% of women backed her compared to 35% for Earle-Sears, a 30-point advantage; and men supported Earle-Sears by 4 points (48% for Spanberger, 52% Earle-Sears) – leaving a gender gap of 34 points, one of the largest in recent memory.

Neither party is very popular in the state, half of voters said they have an unfavorable opinion of Democrats, and more than half felt that way about Republicans.

Between the two candidates, however, Spanberger garnered a net-positive rating – more than half had a favorable opinion of her – compared to Sears, and more than half viewed her unfavorably.

Voters continue to be happy with Youngkin. More than half approved of the job he is doing as governor.

The top characteristic Virginia voters wanted in a candidate was someone who shares their values, followed by someone who is honest and trustworthy.

Values voters broke for Earle-Sears while Spanberger carried those looking for honesty.

Spanberger focused heavily on the economy during the campaign, specifically banging home the deleterious effects that Trump administration efforts to upend government in D.C. are having on Virginia, home to a large number of federal workers.

More than six in 10 of those federal employees backed Spanberger.

The economy was by far the top issue for Virginia voters – with close to half ranking it as the most important. Those voters broke significantly for Spanberger.

Healthcare was the second most important concern – another issue Spanberger hit hard in the wake of the federal government shutdown and people facing the possible loss of health benefits.

Those voters who said healthcare was their number one issue went overwhelmingly for Spanberger – by about four to one.

Overall, Virginia voters – about six in 10 – think the economy is doing pretty well. Those voters backed Earle-Sears.

But when it comes to their own family’s finances, most said they were either holding steady or falling behind. Both of those groups went for Spanberger.

And of the six in 10 voters who said the federal budget cuts had affected their family finances, they backed Spanberger as well.

Two issues that got significant attention from Earle-Sears in the campaign were controversies about trans rights, and the disclosure of violent texts from the Democratic candidate for attorney general.

Fewer than half of voters found the texts sent by Democrat Jay Jones, threatening a fellow lawmaker, disqualifying from the job of attorney general. Those who did broke strongly for Earle-Sears.

The rest, though – who said the texts were concerning but not disqualifying, were not a concern, or who simply didn’t know enough – went strongly for Spanberger.

It was suspected that some voters might split their votes, backing Spanberger for governor but Republican Jason Miyares for attorney general. That did not happen. Those Democrats defecting to Miyares remained in the single digits, and Jones was declared the winner.

On transgender rights, voters have mixed views. Half said support has gone too far – the position Earle-Sears took, with special emphasis on its effect on schools and girls’ sports. The other half, however, said support has not gone far enough, or it’s been about right.

Those who said it’d gone too far backed Earle-Sears by almost four to one, while those who disagreed went hard for Spanberger.

In the end, the headwinds of Trump’s unpopularity and the ire of the vast number of federal workers in the state was too much for Earle-Sears to overcome.

Only about a third of Virginia voters are happy with the direction the country is going, and while these voters overwhelmingly backed Earle-Sears, the other two-thirds went big for Spanberger. Of the four in 10 who are actually angry about how things are going, almost all of them – more than nine in 10 – backed Spanberger.

Asked about Trump’s immigration enforcement efforts, more than half say it has gone too far, and, perhaps not surprisingly, most of these voters backed Spanberger.

Almost all Democrats voted for Spanberger, as did a few Republicans. Earle-Sears was unable to generate any sort of crossover appeal, while winning most Republicans. The small group of independents favored Spanberger.

The Fox News Voter Poll is based on a survey conducted by SSRS with Virginia registered voters. This survey was conducted October 22 to November 4, 2025, concluding at the end of voting on Election Day. The poll combines data collected from registered voters online and by telephone with data collected in-person from Election Day voters at 30 precincts per state/city. In the final step, all the pre-election survey respondents and Election Day exit poll respondents are combined by adjusting the share of voting mode (absentee, early-in-person, and Election Day) based on the estimated composition of the state/city’s final electorate. Once votes are counted, the survey results are also weighted to match the overall results in each state. Results among more than 4,500 Virginia voters interviewed have an estimated margin of sampling error of plus or minus 2.1 percentage points, including the design effects. The error margin is larger among subgroups.

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Vice President JD Vance said that Republicans need to direct their focus to the ‘home front’ and work to make life more affordable for Americans, following the GOP losses in several key elections Tuesday.

Republicans’ ability to do so will be a key factor in how Americans show up and vote in the 2026 midterm races, according to Vance. 

‘I think it’s idiotic to overreact to a couple of elections in blue states, but a few thoughts,’ Vance said in a Wednesday social media post. 

‘We need to focus on the home front,’ Vance said. ‘The president has done a lot that has already paid off in lower interest rates and lower inflation, but we inherited a disaster from Joe Biden and Rome wasn’t built in a day. We’re going to keep on working to make a decent life affordable in this country, and that’s the metric by which we’ll ultimately be judged in 2026 and beyond.’

In October, the Bureau of Labor Statistics announced that the consumer price index (CPI), used to assess how much goods like groceries or rent cost, increased 0.3% from August to September. Additionally, it increased to 3% on a year-over-year basis from 2.9% in August, marking the highest headline CPI reading since January when it also reached 3%.

Meanwhile, Republicans lost several high-profile races Tuesday — including gubernatorial races where former Democratic Rep. Abigail Spanberger won the Virginia governor’s race over Republican challenger Winsome Earle-Sears, and New Jersey Democratic Rep. Mikie Sherrill won New Jersey’s governor’s race over Republican Jack Ciattarelli. 

Likewise, New York City elected democratic socialist Zohran Mamdani as mayor of the city, beating former New York Gov. Andrew Cuomo, who ran as an Independent, and Republican Curtis Sliwa. 

In all races, affordability and the economy were top priorities for voters, with Mamdani backing policies including rent freezes and city-run grocery stores to cut food prices.

For example, Fox News Voter Poll data found that New Jersey voters reported the state’s high taxes and the economy ranked as their top two issues. Additionally, the poll data found that half of voters in Virginia said that the economy was their top priority. 

Likewise, New York City voters ranked affordability at their top concerns, the Fox News Voter Poll data found. 

Ken Martin, the chair of the Democratic National Committee, said that the party can accommodate moderate Democrats like Sherrill and Spanberger, as well as progressives like Mamdani. While they don’t have to agree on everything, what they do agree on is trying to make life more affordable for Americans, he said. 

‘There’s a lot of different ideas on how to accomplish our goals, but we’re unified around those goals,’ Martin told Fox News Digital ahead of the elections. ‘We’re unified around making sure that people’s lives are more affordable and that we can create an economy that works for everyone in this country.’ 

According to President Donald Trump, the government shutdown that started Oct. 1 due to a lapse in funding was a culprit for GOP losses in Tuesday’s races. 

‘I think if you read the pollsters, the shutdown was a big factor,’ Trump said Wednesday during a breakfast meeting with Senate Republicans. ‘Negative for the Republicans, and that was a big factor.’ 

Fox News’ Eric Revell, Paul Steinhauser and Emma Colton contributed to this report.

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