Warsh has argued that artificial intelligence will trigger a historic increase in productivity © Brendan McDermid/Reuters Top academics have dismissed Kevin Warsh’s claim that an AI-induced productivity boom will create room for interest rate cuts, according to a snap FT economists’ poll that highlights the challenges facing Donald Trump’s pick for Federal Reserve chair. Warsh,…
With an upcoming FIFA World Cup being staged across the nation, 2026 was supposed to be a bumper year for tourism to the United States, driven in part by hordes of arriving soccer fans. And yet, the U.S. tourism industry is worried. While the rest of the world saw a travel bump in 2025, with…
Protests in Australia have been increasingly visible as public sentiment shifts towards advocacy for Palestinian rights. This particular demonstration, occurring concurrently with the visit of Israeli President Isaac Herzog, symbolizes a broader international call for justice and accountability surrounding the Palestinian cause. As thousands gathered across cities like Sydney and Melbourne, the clash between protesters…
Daniela Amodei, who cofounded Anthropic with her brother Dario, said uniquely human qualities will actually be more critical in the age of AI, not less. In an interview with ABC News that aired on Saturday, she said the number of jobs that AI could do without help from people is “vanishingly small.” At the same…
On Thursday, Wedbush analyst Dan Ives said that Wall Street is punishing software stocks like Salesforce Inc. (NYSE:CRM), ServiceNow Inc. (NYSE:NOW) and Microsoft Corp (NASDAQ:MSFT) as if they are no longer relevant in the AI age. Speaking with Bloomberg, Ives addressed the ongoing drawdowns in software stocks. “I could tell you in 25 years, this…
The political landscape in the United Kingdom is currently marked by notable turmoil as Prime Minister Keir Starmer navigates the aftermath of the Jeffrey Epstein scandal. With the resignations of key figures within his administration, including Communications Chief Tim Allan and Chief of Staff Morgan McSweeney, Starmer faces intensified scrutiny regarding his leadership decisions amid…
On Friday Tesla (NASDAQ:TSLA) CEO Elon Musk issued a stark warning regarding the U.S. national debt, stating that America is on a path to bankruptcy. Musk emphasized the necessity of advancements in artificial intelligence and robotics to avert this financial crisis. In a recent podcast appearance, Musk declared, “We are 1,000% going to go bankrupt…
Recent revelations cast a light on Jeffrey Epstein’s efforts to manipulate media narratives surrounding serious allegations of sexual abuse. Newly released documents from the United States Department of Justice detail Epstein’s influence over Mortimer Zuckerman, a prominent media tycoon and former owner of the New York Daily News, showcasing an intricate relationship that raises questions…
In the complex landscape of Middle Eastern geopolitics, the upcoming discussions between Israeli Prime Minister Benjamin Netanyahu and U.S. President Donald Trump regarding Iran’s missile program highlight the intricate dynamics of diplomacy and security in the region. As tensions continue to simmer, the integration of diplomatic dialogue may pave the way for stability, reflecting a…
Updated Feb. 7, 2026, 11:03 p.m. ET The Powerball jackpot is climbing again, surging to $102 million ahead of the Saturday, Feb. 7 drawing with a cash option of $46.8 million up for grabs. There has already been one Powerball jackpot winner this year: A North Carolina player scored an estimated $209 million on Jan….
In a remarkable twist in Japan’s political landscape, Prime Minister Sanae Takaichi has secured a historic win for her Liberal Democratic Party (LDP) in the recent general elections, underscoring a shift toward strong leadership under her tenure. This landmark achievement not only highlights Takaichi’s progressive agenda, including tax reforms aimed at boosting household economies, but…
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York, Nov. 17, 2021. Andrew Kelly | Reuters More than 900 Google workers have signed an open letter condemning recent actions by U.S. Immigration and Customs Enforcement (ICE) and Customs…
Tesla CEO Elon Musk doubled down on his warnings about U.S. debt, predicting financial doom will be guaranteed without the transformative effects of AI and robotics on the economy. In a lengthy, wide-ranging interview with podcaster Dwarkesh Patel alongside Stripe cofounder and president John Collison on Thursday, the tech billionaire was asked why he pushed for aggressive spending cuts while…
Jennifer Garner’s eldest child, daughter Violet, may be her lookalike, but it’s clear who Ben Affleck and her son Samuel’s lookalike is. Related story All About Jennifer Garner’s Boyfriend, John Miller In case you missed it, on Feb 6, Garner made an ultra-rare appearance with her and Affleck’s son, Samuel, at the New York Stock…
Economists, lawmakers, and Wall Street have long preached the need to increase housing supply to improve affordability, but it may not be that straightforward. According to a recent note written by UC Irvine PhD student Schuyler Louie along with San Francisco Fed researchers John Mondragon, Rami Najjar, and Johannes Wieland, average income growth “relates strongly”…
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As the conflict in Ukraine continues to evolve, recent developments highlight both ongoing hostilities and diplomatic efforts to address the humanitarian crisis. Increasing military actions from Russia have led to calls for peace talks that transcend traditional diplomacy, underscoring the necessity for direct engagement among global leaders, particularly from the US. Meanwhile, the resilience of…
In an increasingly complex geopolitical landscape, Iran’s domestic dynamics are unfolding in the context of rising tensions with the West. The recent arrests of prominent reformist politicians amid nationwide protests highlight the intersection of political dissent and international relations, particularly as Iran grapples with economic challenges and external pressures from countries like the United States…
This is part of Wet February, a series about America’s increasingly muddled relationship with drinking—and how to sip your way through it wisely and well. I’ve had the same encounter multiple times, but I remember one instance vividly. I had finally spotted a canned version of the Penicillin cocktail, by the brand Tip Top, on the…
Irving Rosenberg spent a lifetime building his savings. At 90, with impaired hearing, limited mobility, and early-stage dementia, the Southern California man had no reason to think his $814,000 in savings at Wells Fargo was at risk. It was. Starting last April, someone began forging Rosenberg’s signature on checks and draining his savings account. He’d…
Donald Trump gave his endorsement to Nexstar’s proposed merger with Tegna, a transaction that would create a broadcast giant reaching 80% of TV households. On Truth Social, Trump wrote, “We need more competition against THE ENEMY, the Fake News National TV Networks. Letting Good Deals get done like Nexstar – Tegna will help knock out…
Chris Levesque spent a career in the nuclear industry as a Navy submarine operator and a commercial nuclear executive before he joined Bill Gates’ startup TerraPower a decade ago, only to realize he “didn’t know what innovation was.” The staid nuclear sector stalled for decades as natural gas and renewable energy came to dominate a…
Many Wall Street analysts still believe software businesses and investment theses are intact. Artificial intelligence (AI) moves hard and fast. Since the launch of OpenAI’s ChatGPT, investors have wondered just how many different jobs AI could displace and in which industries. With the release of Anthropic’s Claude Cowork tool, which can autonomously execute tasks on a…
In a decisive move that has garnered international scrutiny, Hong Kong’s High Court has sentenced prominent pro-democracy media figure Jimmy Lai to 20 years in prison under a controversial national security law imposed by Beijing. This verdict is positioned within a larger context of growing concerns about press freedom in Hong Kong, where many see…
Bitcoin’s sharp decline — nearly 50% from its all-time highs reached just months ago — has reignited debate over the cryptocurrency’s stability, but hedge fund veteran Gary Bode says the selloff is a feature of the asset’s inherent volatility rather than a sign of a broader crisis. STORY CONTINUES BELOW In a post on X,…
In a significant shift in Portugal’s political landscape, Antonio Jose Seguro of the Socialist Party has achieved a commanding victory in the presidential run-off, representing a critical moment for the nation. With both strong voter turnout and a rejection of far-right ideologies, this election result highlights the desire for stability and democratic values amidst the…
Israel’s recent move to strengthen its control over the West Bank has ignited significant controversy both locally and internationally. The Palestinian leadership has condemned the decision, describing it as a blatant attempt to expand illegal settlements and undermine peace efforts. As regional tensions escalate, the situation underscores the urgent need for effective diplomatic interventions and…
This is part of Wet February, a series about America’s increasingly muddled relationship with drinking—and how to sip your way through it wisely and well. I’ve had the same encounter multiple times, but I remember one instance vividly. I had finally spotted a canned version of the Penicillin cocktail, by the brand Tip Top, on the…
The recent Al Jazeera Forum in Doha has emerged as a pivotal platform to address the ongoing repercussions of the Gaza conflict, particularly in light of the dramatic shifts in political dynamics following the war. As Palestinians navigate the complexities of post-war governance, the formation of a new committee tasked with overseeing Gaza’s affairs signals…
Volkswagen is one of three automakers expected to advertise during the Super Bowl in 2026. Courtesy VW DETROIT — Automakers are largely sitting on the advertising sidelines during this year’s Super Bowl amid uncertainty in the U.S. automotive industry involving sales, tariffs and regulations. Carmakers — historically major buyers of ads during the big game…
In this article USAR MP INTC Follow your favorite stocksCREATE FREE ACCOUNT Doug Burgum, US secretary of the interior, from left, US President Donald Trump, and Howard Lutnick, US commerce secretary, during an announcement on “Project Vault” in the Oval Office of the White House in Washington, DC, US, on Monday, Feb. 2, 2026. Trump…
As the world turns its focus to the Winter Olympics in Milan, an undercurrent of dissent has emerged, with protests spotlighting not only environmental concerns but also geopolitical tensions. Italian Prime Minister Giorgia Meloni’s recent condemnation of these demonstrators reflects a broader narrative of national pride and the complexities surrounding global sporting events. This tension…
BART officials are warning of deep service cuts and station closures if Bay Area voters reject a proposed regional sales tax measure on the November ballot. Under BART’s worst-case scenario, the transit agency would close up to 15 stations and lay off about 1,200 workers in 2027. The cuts stem from a projected $376 million…