Finance
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Trump’s strikes on Iran could cost American economy as much as $210 billion, top budget expert says
As the United States enters day four of Operation Epic Fury—its sweeping military campaign against Iran, launched in partnership with…
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Interest on the $38.8 trillion national debt has tripled since 2020, topping defense and Medicaid
The United States is now paying nearly $970 billion a year just to service the interest on its $38.8 trillion…
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OpenAI is negotiating with the U.S. government, Sam Altman tells staff
Sam Altman told OpenAI employees at an all-hands meeting on Friday afternoon that a potential agreement is emerging with the…
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Trump vows to protect Social Security, Medicare, Medicaid. But his tax cuts shortened their lifespan
In his State of the Union address, President Donald Trump proudly proclaimed to members of Congress and the public that…
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Stablecoins could finally bring cross-border payments into the digital age: XTransfer CEO Bill Deng
Bill Deng, CEO of China-based fintech platform XTransfer, thinks stablecoins can help finally digitize business-to-business transactions, often still stuck in…
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NASA delays moon mission to fix rocket, rules out March launch
NASA is preparing to remove its massive moon rocket from its launchpad to fix a technical issue, delaying the agency’s much-anticipated mission…
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Retail billionaire Les Wexner says Jeffrey Epstein ‘duped’ him: ‘I was naive, foolish, and gullible’
The billionaire behind the retail empire that once blanketed shopping malls with names such as Victoria’s Secret and Abercrombie &…
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Top Hollywood screenwriter warns TikTok’s new tool is at the gates: ‘I hate to say it. It’s likely over for us’
A new artificial intelligence video generator from Beijing-based ByteDance, the creator of TikTok, is drawing the ire of Hollywood organizations that…
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Rampant AI demand for memory is fueling a growing chip crisis
A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in…
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Crypto lender BlockFills suspends withdrawals for clients in latest blow to the blockchain sector
BlockFills, a crypto trading platform, will temporarily prohibit customers from depositing and withdrawing funds. It is the latest sign of…
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