Analysis
Big Tech’s debt frenzy risks AI world creation
Equity investors are expressing heightened concern regarding the level of leverage that Big Tech is utilizing to expand its artificial intelligence infrastructure, amid escalating apprehensions about a potential bubble in the industry. The substantial investments that major technology companies are
Google is set to face off against the US government’s recent effort to dismantle its internet dominance in federal court on Friday, as a judge deliberates on measures to curb the abusive practices that led to segments of its digital
There are moments in great-power politics when the tectonic plates appear to shift noticeably beneath us. The recent summit between President Trump and President Xi Jinping of China marked a significant turning point. The two leaders reached an agreement during
According to a report, Jeff Bezos, the founder of Amazon and one of the wealthiest individuals in the world, is poised to take on an operational role once again as co-chief executive of Project Prometheus, an artificial intelligence startup. Bezos’s
When a United Nations report cautioned that Japan’s renowned animation sector faced the threat of potential collapse, one might understandably assume that the culprit was the emergence of artificial intelligence. It was not. “Low pay, excessive working hours and weak
Documents released Saturday revealed that former Federal Reserve Governor Adriana Kugler, whose sudden resignation enabled President Donald Trump to appoint an ally at the US central bank, violated Fed ethics rules and was under internal investigation at the time she
On Friday, President Donald Trump issued an order to significantly reduce tariffs on beef, coffee, bananas, and various other agricultural and food products, representing a notable shift from his previous stance on “reciprocal tariffs” as the administration contends with increasing
Following the conclusion of the longest US government shutdown, state officials announced on Thursday their efforts to expedite the distribution of full SNAP food benefits to millions. However, they cautioned that it may take up to a week for some
President Donald Trump signed a government funding bill Wednesday night, bringing to a close a record 43-day shutdown that inflicted financial strain on federal workers who went without paychecks, left many travelers stranded at airports, and resulted in long lines
When President Trump initiated a trade war with China during his first term, Simon Lichtenberg chose to endure the situation. He has owned factories producing leather sofas in China since the 1990s and believed that the two parties would come