Bernie Sanders is destroying Chuck Schumer in the Democratic Party’s Civil War ahead of the midterms
Maine just sent a blunt message to the Democratic Party’s national leaders.The swift defenestration of a two-term governor by a political neophyte highlighted a stark reality that has begun to…
Trump on Iran: ‘They want to make a deal, I’m not satisfied with it, so we’ll see what happen’
Iran handed over its latest proposal for negotiations to mediators in Pakistan on Thursday night, Iran’s state-run IRNA news agency reported.“They want to make a deal, I’m not satisfied with…
Trump says he’ll hike EU auto tariffs to 25%, jolting a world economy that really didn’t need it
Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the…
Global investors are shrugging off Iran worries and returning to markets in Asia, the ‘backbone of the whole AI value chain’
Asia’s stock markets have rebounded since the outbreak of the Iran war over two months ago, as the AI boom lifts the fortunes of manufacturing economies like China, South Korea,…
Former Fed economist raises alarm on Warsh after historically partisan vote: ‘this is not normal is going to be a theme’
To Claudia Sahm, the former Federal Reserve economist known for founding the eponymous recession indicator, the vote is just the start of the idiosyncrasy. “This is not normal is going…
A ‘no-brainer’: Senate unanimously bans members and staff from using prediction markets
“United States senators have no business engaging in speculative activities like prediction markets while collecting a taxpayer-funded paycheck, period,” said Sen. Bernie Moreno, R-Ohio, who sponsored the resolution. An amendment…
The national debt is the same size as the economy. It’s a ‘disturbing warning and a call to action,’ watchdog says
Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal concern to a dinner-table anxiety — and voters across the political spectrum are demanding…
Supermicro—accused of smuggling $2.5 billion in Nvidia chips and servers to China—has been here before, with Iran
However, this isn’t Supermicro’s first brush with this type of export-control violation. The two cases—separated by two decades and vast differences in scope—allegedly share a similar pattern. Find a neighboring country…
Meet the CFO who turned Adobe’s finance department into an AI lab
Finance chief Dan Durn is turning Adobe’s finance organization into an early proving ground for agentic AI—using autonomous software agents to forecast results, scan contracts, and even answer hundreds of…
High earners are feeling the pain of wealth creep—and it’s leading to a new tradeoff in their spending
Erin O’Connor-Bell, director of financial planning and client experience at Aprio Wealth Management, said she sees that behavior as part of a broader shift in how consumers think about value.…
