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U.S. Debt Interest Hits $24 Billion Weekly

Summary The U.S. government has borrowed about $155 billion every month in the current fiscal year, pushing the national debt to $39.4 trillion. As a...

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Record $412.7B VC Spending Sparks AI Funding Divide

Business

Jul 10, 2026

Record $412.7B VC Spending Sparks AI Funding Divide

Summary U.S. venture capital firms have poured a record $412.7 billion into startups in the first half of 2026. That is more money than ever before,...

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Fed Split on Rate Cuts Sparks Market Uncertainty

Business

Jul 10, 2026

Fed Split on Rate Cuts Sparks Market Uncertainty

Summary The Federal Reserve’s latest meeting minutes reveal a significant split among policymakers about the future path of interest rates. While som...

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Asian Tech Founders Move to US for Funding and Market Access

Business

Jul 10, 2026

Asian Tech Founders Move to US for Funding and Market Access

Summary More Asian tech founders are moving their startups to the United States. They are drawn by the large U.S. customer base and easier access to...

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Business

Jul 09, 2026

Mercor Buys Deeptune in $10B AI Deal

Summary Mercor, an AI company worth $10 billion, has bought a startup called Deeptune. The deal was led by Mercor's founder Brendan Foody, who is onl...

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Oil Prices Surge as US-Iran Tensions Escalate

Business

Jul 09, 2026

Oil Prices Surge as US-Iran Tensions Escalate

Summary Fresh hostilities between the U.S. and Iran have pushed oil prices higher again, raising concerns about a repeat of the trade war pattern see...

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AT&T Shocks Rivals With Swift Carrier Acquisition

Business

Jul 09, 2026

AT&T Shocks Rivals With Swift Carrier Acquisition

Summary AT&T has surprised the telecom industry by quickly absorbing a bankrupt regional carrier, leaving competitors like Verizon and T-Mobile scram...

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Amazon of Oil Keeps Prices Low During Iran War

Business

Jul 09, 2026

Amazon of Oil Keeps Prices Low During Iran War

Summary Global energy markets have avoided a major price crisis during the Iran war by using a modern, fast-moving logistics system that experts call...

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Chip Stocks Drop Despite Samsung Strong Earnings

Business

Jul 09, 2026

Chip Stocks Drop Despite Samsung Strong Earnings

Summary Chip stocks fell sharply on Thursday, even after Samsung Electronics reported better-than-expected quarterly earnings. The decline shows that...

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Palmer Luckey Warns US Colleges Fall Behind China

Business

Jul 09, 2026

Palmer Luckey Warns US Colleges Fall Behind China

Summary Anduril founder Palmer Luckey has warned that American universities are falling behind China in teaching practical skills, especially in engi...

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Fi Ultra Starlink Dog Collar Tracks Pets Anywhere

Business

Jul 09, 2026

Fi Ultra Starlink Dog Collar Tracks Pets Anywhere

Summary Fi, a company that makes smart dog collars, is launching a new product called the Fi Ultra. This collar is the first to use Starlink's satell...

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SEC Proposal Allows Semiannual Reporting

Business

Jul 09, 2026

SEC Proposal Allows Semiannual Reporting

Summary The U.S. Securities and Exchange Commission (SEC) has received thousands of public comments on a proposal that would let companies choose to...

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