The K-shaped economy isn’t dead yet
The label came into vogue to describe an economy where the rich keep pulling…
What’s happening with the national debt — and how it could affect your wallet
Owing $40 trillion might sound daunting.But for the American government, ballooning debt has become…
The US wants an AI-era ‘red phone’ with China
The US has proposed a direct channel with China to notify both governments of…
Scott Bessent says the US and China are giving their trade truce 2 more months
The US and China have bought themselves more time to negotiate.Treasury Secretary Scott Bessent…
Scott Bessent compares AI CEOs who warn of catastrophe to Hannibal Lecter: ‘Stop me before I kill again’
Treasury Secretary Scott Bessent had some things to say about pro-regulation tech leaders that…
Strait of Hormuz: US announces sanctions against Iran
The United States Treasury has announced sanctions against Iran's Persian Gulf Strait Authority. Treasury…
Treasury Secretary says its ‘unacceptable’ that Chinese open source AI models may have been built on ‘IP theft’
The Trump administration is signaling that it may clamp down on Chinese open-source AI…
US, Iran could reach Strait of Hormuz deal within two days
The United States says it could reach an agreement with Iran within the next…
