Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
Federal Reserve Chair Jerome Powell offered a sobering assessment of America’s fiscal health on Monday, telling a Harvard economics class that while the...
Dollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback
Even amid the torrent of disquieting news from the Middle East in recent weeks, an Iranian suggestion that it might start offering safe...
Wealth taxes on billionaires and $30 minimum wages are part of the same plan, advocate says. ‘They should pay their fair share’
There are an estimated 938 billionaires in the United States. To put that into context, that’s about two full Boeing 747s (each one...
Bill Ackman told spooked investors to get over the Iran war and buy Fannie and Freddie. Stocks surged 40% the next day
Fannie Mae and Freddie Mac, the two government-sponsored businesses designed to prop up mortgages, ripped on Monday after billionaire investor Bill Ackman told...
Jerome Powell to Gen Z: Don’t fear AI—master it
Federal Reserve Chair Jerome Powell delivered a pointed message to the next generation of workers last week: Stop worrying about artificial intelligence and...
‘We do not plan on any negotiations’: Iran laughs at White House’s claims of cease-fire talks
Iran on Wednesday dismissed an American plan to pause the war in the Middle East and launched more attacks on Israel and Gulf Arab countries,...
Enter Melania Trump, escorted by humanoid robot: ‘I’m Figure 03, a humanoid built for the United States of America’
Melania Trump often commands the attention of any room she enters but all eyes — and cameras — were trained on her humanoid companion...
It’s time for slavery reparations, ‘the gravest crime against humanity,’ UN General Assembly says
The U.N. General Assembly on Wednesday adopted a resolution declaring the trafficking of enslaved Africans “the gravest crime against humanity” and calling for...
Two private school boys get probation for using AI to create 350 fake nudes of their classmates
Two teenage boys who used artificial intelligence to create fake nude photos of their classmates at a tony private school in Pennsylvania received...
The White House snubs Elon Musk’s offer to cover TSA salaries as airport miseries hit record levels
The White House has rejected an offer from Elon Musk to personally fund TSA workers’ salaries during the partial government shutdown that has...