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Economist on US debt: 'The problem is we're not resilient'
The United States faces a resilience crisis with federal debt exceeding $40 trillion and interest costs reaching $1 trillion. This
topicAI Issuers Are Upending Longstanding Safety Valve
AI-related corporate debt has reached $300 billion, driven by an unprecedented borrowing surge from hyperscalers. Bond issuance fr
topicAI may change the price of your Big Mac and groceries
AI-powered dynamic pricing tools are altering the cost of groceries and fast food. McDonald's is currently facing a class-action l
topicTo counteract a spooky economy, America prepares to spend on Halloween candy
Americans may spend a record $13.5 billion on Halloween costumes, candy, and decorations, though new data suggests a potential pul
topicWhat the Iran war has done to the world’s energy supply, in charts
The Iran war has caused a decline in Middle East oil exports and a global diesel squeeze that is projected to last into 2027. Foss
topicWhy Micron Stock is Struggling Despite Revenue Growth and a Low Valuation
Micron Technology stock has fallen 30% from its peak and lost its 1 trillion status despite a nearly 380% annual revenue jump to 5
topicNvidia in talks to invest further in Reflection AI or buy it, FT reports
Nvidia is in early talks to either acquire Reflection AI or increase its investment in the startup. According to the Financial Tim
topicAlfa Romeo Previews Its Future With A Gorgeous Four-Door V6 Concept
Alfa Romeo unveiled the Cuorerosso at the 2026 Paris Motor Show, a four-door grand tourer that merges supercar styling with a hybr
The hawk Fed Chair who broke the bond market?
Fed Chair Kevin Warsh is facing scrutiny following a September Treasury rout attributed to his hawkish monetary policy. Warsh assu
topicCloudflare acquires Deno to improve its Workers programming model
Cloudflare acquired the Deno team to integrate its open-source celld technology into the Workers platform. This move makes self-ho
topicSocial Security announcing benefits change on Oct. 14
The Social Security Administration announced a 3.6% benefit increase for 2027 on October 14. This cost-of-living adjustment affect
topicTreasury Secretary Bessent drops a new bombshell on Iran
US Treasury Secretary Scott Bessent stated that American authorities will likely confiscate approximately one billion dollars in d
topicOil climbs as Mideast conflict, tanker attacks persist
Crude oil prices extended gains on Monday, October 12, following an escalation in Middle East conflict. Iran-backed Houthis in Yem
topicChick-fil-A’s CEO Was Asked About His Company’s Position on LGBTQ+ Rights. This Is What He Said
Chick-fil-A CEO Andrew Cathy stated that the fast-food chain focuses on providing "hospitality" to all customers when questioned a
topicToilet paper and secret recorders: What we know about the arrest of the Saudi OpenAI engineer
The FBI arrested OpenAI engineer Abdulrahman Alfozan for allegedly planting a sophisticated recording device in the company's San
topicAnthropic Says Revenue Jumped 45% to $16.8 Billion in Third Quarter
Anthropic reported third-quarter revenue of $16.8 billion, a 45% increase from the previous quarter. The company claims it has ach
topicAsian Stocks to Fall as Hot CPI Sparks US Selloff: Markets Wrap
Asian markets are selling off following US consumer price inflation data that exceeded expectations. The downturn is hitting the t
topicCrypto exchange Kraken owner to buy European bank
Payward, the parent company of cryptocurrency exchange Kraken, has signed an agreement to acquire Saldo Bank. The acquisition invo
topicDrones hit ships in Black Sea, sinking 1 and prompting rescue operations, Bulgaria says
Drones struck two ships in the Black Sea off the coast of Bulgaria on Tuesday, sinking one merchant vessel and damaging the Ukrain
topicRussia arrests Japanese journalist on espionage charges
Russia's Federal Security Service (FSB) arrested a Japanese reporter from the Hokkaido Shimbun newspaper on espionage charges in t
topicThe paradox at the core of the AI revolution: The faster we innovate, the slower we grow
AI innovation is failing to trigger broad economic growth because enterprises cannot restructure fast enough to utilize the techno
topicHow Data Centers Are Pushing Up US Power Costs
AI data centers are driving up US electricity bills and straining power grids. In response, US authorities are moving to prevent t
topicS&P 500 futures rise as big banks set to kick off earnings season: Live updates
S&P 500 futures rose 0.33% early Monday as investors prepare for a week of major bank earnings and September inflation data. Marke
topicOnce-Hot AI Trade Leaves Korean Stocks Struggling for Buyers
South Korea's $4.3 trillion stock market is losing investor relevance as the global AI trade cools. The Kospi, which led global eq