I don’t think the world should get carried away by this headline. Jeff Bezos writing a $2 billion check to his rocket company, Blue Origin, sounds like a titanic show of faith, and the press dutifully treated it that way. But $2 billion is less than 1% of Bezos’ fortune. For a man worth a […]
According to the restaurant’s history, in 1856, innkeeper William E. Ebbitt purchased a boarding house in Washington, DC, that welcomed high-profile politicians and future presidents. William McKinley is believed to have resided there while in Congress. The boarding house’s saloon bar was said to be a popular gathering destination for the capital’s elites — US […]
Key Takeaways Credit unions require memberships to join. Eligibility for memberships is usually determined by where you live, work, worship or study. Several credit unions allow anyone to become eligible for membership by donating a small fee to a partner association or foundation. You may find more specialized products and services with credit unions, like […]
Excessive artificial intelligence (AI) investment could make the technology’s boom unsustainable, according to a new Bank for International Settlements report. “The AI build-out ranks among the largest technology-driven investment booms in U.S. history,” Phurichai Rungcharoenkitkul, an economist for the bank (BIS), wrote in a report published Tuesday (July 14). “Its scale, reliance on debt and […]
Gig platforms offer seamless checkout for buyers, but emerging market payouts remain broken for workers. In June 2026, member states from more than 180 countries convened for the International Labour Conference to determine international labor standards for digital platform workers. However, even with those standards set, payments remain a big issue. Imagine a freelance developer in Lagos, […]
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 14, 2026 Minutes of the Board’s discount rate meetings on June 8 and June 17, 2026 For release at 2:00 p.m. EDT The Federal Reserve Board on […]
A flock of crows dive-bombed a Vancouver woman eight times as she ran screaming down the street, landing on her head between attacks. In Los Angeles, a homeowner watched crows slam their beaks against his glass door so hard he feared it would shatter. Neither person had done anything to provoke the birds that day. […]
Worries about a bubble in artificial intelligence investments are absurd, SoftBank Group’s CEO Masayoshi Son said Tuesday, deriding such doubts as backward and akin to questioning the use of cars and planes. “To ask whether AI is a bubble is a foolish question,” Son told executives at an annual company event in Tokyo. “AI will transform our […]
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India’s primary bourse preps a landmark IPO alongside Jio, testing markets amid a global slowdown. India’s National Stock Exchange (NSE) has filed for an initial public offering with the Securities and Exchange Board of India, in what is expected to be one of the most consequential listings in the country. The official filing document revealed […]