‘Don’t fight Bessent’s Treasury’ is new mantra in US bond market
Bessent’s fixation on the 10-year yield is so intense that he’s forced some on Wall Street to tear up their predictions for 2025....
Proposed Trump policy could force thousands of citizens applying for Social Security benefits to verify their identities in person
While the move could potentially protect against fraud, it could also cause long wait times and mass disruption. Trump’s Social Security Administration proposed...
How news organizations should overhaul their operations as the gen AI threatens their livelihoods
Most news companies are using AI to tweak existing workflows, not rethink their business models. Hello and welcome to Eye on AI. In...
Nvidia CEO Jensen Huang called GTC a Super Bowl where there are no losers — then he tackled concerns about China’s DeepSeek
With its new software, DeepSeek R1 could run 30 times as fast, Huang said. Jensen Huang reaffirmed Nvidia’s starring role in the AI...
Is Google’s $32 billion Wiz acquisition a one&off—or a sign that Big Tech M&A is back?
Google plans to acquire cybersecurity company Wiz for $32 billion in what would be the search giant’s largest-ever acquisition. Google plans to acquire...
Sequoia Capital to cut policy team and shutter Washington, D.C. office just as the tech industry increases its visibility under Trump
The changes at Sequoia are in contrast to other billion-dollar venture firms that have been adding to their policy teams. Sequoia Capital, one...
Donald Trump announces sweeping reciprocal tariffs against ‘friend and foe’ with a 10% minimum
“We’re not taking it anymore,” the president said, announcing the U.S.’ tariffs would amount to half of trading partners’. President Donald Trump announced...
Even the wealthiest Americans are suffering from shorter lifespans than those in Europe. A new study cites 3 major reasons
Americans are dying earlier than Europeans—and the rich are not exempt. In a new study published today, researchers at Brown University analyzed the...
Summers blasts Trump threat to Harvard funds as ‘authoritarian’
Former Harvard University President Lawrence Summers blasted moves by the Trump administration to scrutinize or freeze federal funding to top universities. Former Harvard...
A $1.8 billion accounting error snowballed over 10 years in South Carolina—and could cost the state’s treasurer his job
For the first time in over two centuries as a U.S. state, South Carolina lawmakers are going to try to remove a statewide...
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