Breaking News
Responding to the question, "What impact, if at all, is AI having on this labor market?" Numerator chief economist Leo Feler stated that those with a bachelor's education or higher are going to be affected.
40 mins ago
The White House anticipates Republican defections on a tariff vote, according to Politico.
56 mins ago
President Trump informed Israeli Prime Minister Benjamin Netanyahu that he favors a diplomatic agreement with Iran. Trump stated that no final decision was made, but discussions are ongoing. Israel is advocating for more extensive restrictions on Iran's regional influence and missile program. Trump is open to a more limited agreement focused on nuclear issues and cautioned that Iran could face renewed military action if negotiations fail.
1 hour ago
The U.S. reported a January budget deficit of $95 billion, exceeding the anticipated $86.5 billion. This figure is, however, lower than the $129 billion deficit recorded in January 2025. Outlays reached a record $655 billion, while receipts also hit a record high of $560 billion, which included $27.7 billion in customs revenue. The fiscal 2026 year-to-date deficit is $697 billion, down from $840 billion during the same period a year earlier.
2 hours ago
Ey flags meta’s data-center accounting as high risk. Meta’s auditor, ey, has expressed concerns regarding a $27 billion data-center transaction. The deal, involving a joint venture with blue owl, was moved off the company’s balance sheet. While ey approved the accounting treatment, it designated the matter a “critical audit matter,” indicating significant judgment and risk. Lawmakers and investors have raised questions about meta’s level of control over the venture. This could potentially necessitate the assets and liabilities remaining on meta’s financial statements. Senators have also cited the deal as an example of opaque ai-related financing.
3 hours ago
Macron: The only way to increase the EU's common budget is common issuance of debt.
5 hours ago
Macron: Calls us tariffs a "coercion mechanism" impacting the european economy. Macron: Describes us tariffs as a "game changer" and a structural turning point. Macron: States that europe must preserve key sectors, including chemicals.
5 hours ago
Top News
Tesla Commits to High-Volume Semi Production with Dual Trim Launch
Supply Chain Surge Signals Accelerating AI Demand for Chip Leaders
Intel Faces Six-Month Lead Times Amid Severe CPU Supply Constraints in China
SoFi Achieves Landmark $1 Billion Quarterly Revenue Milestone Fueled by Membership Surge
Shareholder Rebellion Blocks Capital Raise, Tightening Plug Power's Financial Constraints
Ford Signals Major EV Strategy Pivot Amidst Deepening Model e Losses
