The Trump administration’s former AI czar sounded the alarm on giving the federal government equity stakes…
Category: Finance News
Hegseth invokes immigration and says ‘When will European capitals do something about that invasion?’
U.S. Defense Secretary Pete Hegseth used a D-Day anniversary speech on Saturday to appear to link…
Oil drilling rises in longest U.S. streak since 2022 on price bump
US oil drilling has expanded for six straight weeks, the longest uptrend in almost four years,…
Illinois joins Ohio in ordering pause on data center tax credits
Governor JB Pritzker issued an order pausing state tax incentives for data centers in Illinois after the state…
The Strait of Hormuz is more open than previously thought as the U.S. provides ‘naval overwatch’
Talks to extend the ceasefire between the U.S. and Iran are dead in the water, but…
Trump says he supports salary cap for Major League Baseball
President Donald Trump sided with Major League Baseball owners who are proposing a hard salary cap as part…
SpaceX and other mega IPOs may wait years to join the S&P 500
Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P…
Why oil’s not at $200 after the biggest supply shock in history
For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be…
US debt: This may be the maximum that’s sustainable before interest payments trigger a crisis
Soaring U.S. debt and projections that put it at astronomical levels in the coming years have…
Ukraine targets St. Petersburg after Putin refuses talks
Ukraine launched a drone barrage at St. Petersburg on Saturday, the final day of a major…
Marvell Technology, Flex to join S&P 500 later this month
The semiconductor company and the electronics manufacturing firm, respectively, will replace Pool Corp. and The Campbell’s…
Seattle’s NBA team left a $10 million franchise behind. Now the Storm is worth $425 million
In the first eight years of the Seattle Storm’s existence, the WNBA team was the “tail”…
Trump says ‘situation with Iran seems to be going quite well’ as US shoots down missiles and drones
The U.S. military said it shot down Iranian ballistic missiles and drones launched toward the Strait of…
I’ve sold property on California’s Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle
Ten years ago, I could have told you exactly who bought a working ranch or a…
These 12 Fortune 500 companies have survived wars, crashes, and over 200 years of U.S. history
As America prepares to celebrate its 250th birthday, a handful of its largest companies are marking…
Gen Z is ditching college for ‘more secure’ trade jobs—but these rank among worst entry-level jobs
Trade jobs are having a moment. Touted as the smarter, safer alternative to “irrelevant” overpriced degrees…
When good money goes bad: the question SpaceX and OpenAI investors aren’t asking
When Sam Altman was president of Y Combinator, he advised founders: stay close enough to profitability…
Company deny raises to spend on AI but have ‘no idea what they’re going to need in a workforce’
While you’re worried about AI replacing you, it may already be cutting into your paycheck. In…
ICC Secretary General: The Hormuz clock that matters isn’t diplomatic — it’s agricultural
The closure of the Strait continues to be treated mainly as an energy shock. But the…
Putin is running out of money to fight Ukraine, and Russian-occupied Crimea is running out of fuel
The Kremlin’s war machine is short on money and fuel as Ukrainian drones wreak havoc on…
Jamie Dimon calls Elon Musk ‘Einstein’ and ‘Edison’ as JPMorgan hosts SpaceX’s $75 billion IPO show
As Elon Musk prepares for what will likely be the biggest listing in history, some top-tier…