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The $38 trillion national debt ‘milestone’ and the accounting mirage

I ran for Congress on the idea that the national books of the U.S. government were not being kept in a transparent, modern accounting framework. I won.

Latest

The $38 trillion national debt ‘milestone’ and the accounting mirage

Global

Trump attacks Taylor Greene and Massie for standing up to him on Epstein but has no harsh words for antisemitism on Tucker Carlson’s show

Exclusive: Bitfury, known for its Bitcoin mining, launches $1 billion initiative to invest in ethical tech and AI

Nvidia, AI selloff drives world shares lower, with Europe and Asia tumbling

Jeff Bezos is putting $6.2 billion—and himself as co-CEO—behind a new AI startup. Bubble? That’s no trouble

Middle East

A key negotiation for Trump, MBS during Saudi visit to Washington: future Palestinian statehood

Some consumers are paying to power data centers that don’t exist yet while states ask if demand forecasts are real — ‘Nobody really knows’

The AI bubble may be showing up in an unexpected place: the shady forecasts of future electricity demand—and skyrocketing bills

Cincinnati Reds great Barry Larkin brings baseball to the Middle East, with camels carting in relief pitchers from the bullpen

News

Larry Summers to step back from public commitments after appearance in Epstein files

House vote expected on full release of Epstein files as Trump backs down

Newly released emails and a Trump-ordered investigation have thrust billionaire LinkedIn cofounder Reid Hoffman into the Epstein firestorm

Zohran Mamdani hopeful of meeting with Donald Trump soon to talk about affordability

North America

Trump promises to send $2,000 tariff dividend checks ‘probably the middle of next year, a little bit later than that’

Top analyst sees ‘genuine cracks for mid- to lower-end consumers’ as the K-shaped economy continues to bite

Rural America’s farm economy is struggling with its own K shape, as government payouts rocket to crisis levels

Inside billionaire Gabe Newell’s new $500 million superyacht, which has a submarine garage and its own hospital

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Reddit’s CEO has just become a billionaire—a staggering 20 years after co-founding the company fresh out of college with $12,000

MacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history

Job openings have plunged 32% since ChatGPT’s debut—now, $35K healthcare work is one career option left for Gen Z, according to a Stanford study

The exact amount of money you need to earn to be among New York’s ultra-wealthy club has been revealed—and it’s 7x the average wage

Trump turned tariffs into his foreign-policy weapon. This week, the Supreme Court will decide if he went too far

SM Energy is acquiring Civitas in $13 billion oil and gas merger of near equals in the Permian Basin

Goldman Sachs CEO says AI-induced growth offers a ‘path out’ of America’s $38 trillion debt crisis

Trump says he ‘won’t be extorted’ as the shutdown is about to become the longest ever—and millions could soon lose food aid

This ETF is handily beating the S&P 500—and analysts say it could be one of the big winners of the AI boom

Reinventing retail: AI’s transformative impact

Why corporate executives shouldn’t ignore their own AI upskilling

Former Airbnb engineer raises $25 million for AI security platform Teleskope

For now, data ignorance is bliss on Wall Street as investors are warned not to rely too heavily on private surveys

Xi quips about backdoors during Xiaomi phone gift to Korea’s Lee

Exclusive: Airwallex crosses $1 billion in annualized revenue as fintech unicorn takes on U.S. competitors like Ramp and Stripe

Hegseth reaffirms Vietnam partnership and hands over a leather box, belt and knife—wartime artifacts taken by U.S. soldiers

Trump says immigration raid efforts ‘haven’t gone far enough’

Stock futures climb as investors await Supreme Court showdown on Trump tariffs and shareholder vote on Musk’s $1 trillion pay package

Fearing for her children’s safety, Mississippi woman shoots and kills escaped research monkey

Transportation secretary says he doesn’t plan to fire air traffic controllers who don’t show up for work during shutdown

Trump’s nuclear weapons tests will involve ‘noncritical explosions,’ not atomic blasts, energy secretary says

It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street

Trump says China’s Xi has assured him that he won’t take action on Taiwan during Republican’s term

It’s not just SNAP, the government shutdown also threatens home heating aid for millions of low-income families

Bessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers

Thanks to a donation from a Silicon Valley billionaire, the nation’s largest police fleet of Tesla Cybertrucks is about to hit the streets of Vegas

There’s a ‘decent chance’ the Supreme Court will OK Trump’s global tariffs, former USTR and national security official says

The professor leading OpenAI’s safety panel may have one of the most important roles in the tech industry right now

Amazon says its AI shopping assistant Rufus is so effective it’s on pace to pull in an extra $10 billion in sales

Meet the ‘King of K-pop’: This U.S.-educated computer engineer pioneered music industry practices that fueled the genre’s global expansion

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