Business
SANTA CLARA, Calif. — Nvidia is reportedly backing a massive AI financing initiative designed to help companies secure the enormous amounts of capital required to purchase Nvidia products, completing what economists are calling “the most efficient possible circle.” Under the arrangement, investors would provide financing to AI companies and data-center
Markets
NEW YORK — Global stock markets remained near record highs Friday after investors carefully reviewed escalating tensions in the Middle East and concluded that, while potentially devastating for millions of people, the situation currently appears unlikely to interfere with quarterly earnings. Oil prices climbed amid renewed geopolitical concerns and threats to
Bitcoin & Crypto
Stablecoin issuer Tether announced this week that KPMG U.S. has completed a full audit of its 2025 financial statements, finally answering years of demands for independent verification by declining to immediately let anyone read it. The audit represents a major milestone for Tether, which has spent much of its
Economy
WASHINGTON, D.C. - After repeatedly emphasizing that the economic outlook remains unusually uncertain, the nation’s leading economists announced Tuesday that U.S. GDP will grow exactly 2.3% next year. “Obviously there are enormous unknowns,” said Dr. Alan Mercer, chief economist at a major investment bank. “Geopolitical conflict, tariffs,
Politics
WASHINGTON, D.C. - Political analysts confirmed Thursday that the 2026 midterm elections will decide which party earns the sacred constitutional privilege of spending the next two years explaining why every national problem is actually the other party’s fault. Voters will choose between Democrats, who insist they could fix everything
Life
WASHINGTON, D.C. - Economists delivered encouraging news this week, announcing that inflation is cooling, meaning Americans can finally relax knowing that the things they can’t afford are becoming unaffordable at a slower pace. “This is a major victory,” said one economist, pointing to a chart showing the cost of