Anthropic’s billionaire cofounders are giving away 80% of their wealth: ‘The thing to worry about is a level of wealth concentration that will break society’
Other Anthropic employees have also committed to donating shares that could be worth billions, with the company saying it will match those contributions.Amodei warned these wealth dynamics may eventually force…
When gold isn’t good enough: 3 crypto companies say they’ve figured out how to generate yield on the $4.6 billion ‘tokenized gold’ market
The price of gold has gone up 85.56% in the past 12 months—it currently sits at over $5,100 on the Comex continuous contract—so if you bought some a year ago,…
Warren Buffett’s son signals a huge change for philanthropy as he prepares to give away $150 billion
“There’s a lot of things you can fund that will go nowhere,” Buffett said. “If you’re not addressing the real issue of rule of law then you just can’t have…
At Davos, CEOs said AI isn’t coming for jobs as fast as Anthropic CEO Dario Amodei thinks
One thing Amodei said in his essay is that 50% of entry level white collar jobs will be eliminated within one to five years due to AI. He said the…
Before California, France tried a wealth tax. Macron repealed it after rich people fled the country instead of paying
In 2018, less than a year into his tenure as president of France, Emmanuel Macron delivered on a landmark campaign pledge to abolish France’s “Solidarity Tax on Wealth,” known as…
S&P 500 wins back all losses from Greenland dip, gold and silver surge even higher
U.S. stock indexes ticked higher Monday, while other markets made louder moves, including another record-breaking rush for the price of gold.All told, the S&P 500 rose 34.62 points to 6,950.23.…
Trump’s own Big Beautiful Bill could add $5.5 trillion to the deficit and help sabotage his plan to ‘grow out’ of the national debt crisis
The question naturally arises: What kind of pace of expansion, versus what the CBO now predicts, would be required to erase the bulging, structural gulf between revenues and expenses, so…
Trump paves the ground for Minnesota retreat as he touts talks with governor, mayor: ‘lots of progress is being made’
President Donald Trump softened his tone Monday on the immigration crackdown in Minnesota, touting productive conversations with the governor and Minneapolis mayor as he sent the border czar to take…
Trump’s ‘Border Czar’ being sent to Minnesota was head of ICE Enforcement and Removal under Obama
Here is what to know about Homan ahead of his arrival in the Twin Cities.Despite unwavering enthusiasm for Trump and withering criticism of President Joe Biden, he is seen by…
An unusual Fed ‘rate check’ triggered a free fall in the U.S. dollar and investors are fleeing into gold
The Nikkei 225 stock index fell 1.79% this morning. That’s a sign that traders feared equities exposed to Japan’s export trade would be hurt by a rising yen. “It used…
