Israel said Sunday that Iran launched missiles at it in the first such bombardment since a fragile ceasefire took effect in early April, complicating mediation efforts for a deal to end the war. Iran’s state broadcaster confirmed the launches. Tehran had…
The U.S. jobs market had a fantastic May, with payroll gains nearly double what analysts expected. While economists cheered, the AI trade shriveled, sending the Nasdaq down 4%, the worst day in over a year, and the S&P down another…
President Donald Trump said the Federal Reserve would be wrong to raise interest rates as his nominee Kevin Warsh prepares to chair his first Fed policy meeting. Trump, in an interview with NBC’s Meet the Press, sought to push back against market sentiment…
Missiles and drones are flying across the Persian Gulf, but President Donald Trump minimized the war the U.S. and Israel launched against Iran 100 days ago. In an interview with NBC’s Meet the Press with Kristen Welker, he was asked if…
OpenAI is readying a major platform overhaul ahead of its highly anticipated IPO later this year to better compete with rivals such as Anthropic, the Financial Times reported. The San Francisco-based company plans to transform ChatGPT from a standard question-and-answer…
A flood of new shares from companies looking to fund their artificial intelligence ambitions is raising questions on Wall Street about whether there will be enough buyers to soak them all up and what this pile of fresh equity will…
U.S. consumers haven’t stopped spending money since the Iran war drove up fuel prices, but many shoppers are reassessing what they buy and where, according to company executives and retail analysts. The behavior changes observed so far are subtle, such as altered…
As Gen Z ditch books at record levels, students are arriving to classrooms unable to complete assigned reading on par with previous expectations. It’s leaving colleges no choice but to lower their expectations. One shocked professor has described young adults…
The Baby Boomers have most of the wealth and power in America, so why are they so angry when this gets pointed out? In recent weeks, a collection of economic data and explanations of structural forces preventing important things like…
For most of human history, progress required permission. To build something new, you needed approval from a monarch, a guild, or an authority. To rise, you needed to be allowed. Opportunity was not pursued. It was granted. Then came 1776.…