A Texas based investment adviser has been sentenced to eleven years in federal prison after orchestrating a massive Ponzi scheme that targeted high profile clients, including Kansas City Chiefs superstar…
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Finance
Investment adviser who defrauded NFL’s Travis Kelce sentenced to 11 years in prison
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Business
Stocks slip, but traders largely shake off warnings that AI industry should slow down
by adminU.S. equity markets shook off warnings Monday from artificial intelligence CEOs who had called for a slowdown in the pace of developing the revolutionary technology. Early on in the trading…
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Politics
Newsom roasted online for ‘staged’ fly-fishing interview with CNN anchor where he dropped major 2028 hint
by adminSocial media users are taking jabs at California Gov. Gavin Newsom over his latest political stunt — a recorded fly-fishing outing with a CNN anchor that the Democrat used to…
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United States government borrowing costs have surged to their highest levels seen since 2007, triggered by a spike in oil prices that has reignited fears over persistent inflation. The benchmark…
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A fundamental rift is opening between the titans of Silicon Valley over how quickly artificial intelligence should be integrated into society. During Salesforce’s Dreamforce convention in San Francisco this week,…
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Finance
What a $10,000 Investment in Amazon Now Would Be Worth if Its Anthropic Stake Gets Marked at $2 Trillion
by adminWall Street is buzzing with rumors of a massive initial public offering for AI powerhouse Anthropic, with some reports suggesting a valuation as high as 2 trillion dollars. Such a…
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Business
Abbott to pay $385 million to settle allegations of contamination at a baby formula factory
by adminAbbott Laboratories will pay $385 million to resolve claims tied to an investigation of contamination at a baby formula factory in Sturgis, Michigan, the largest in the country, which led…
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Politics
WATCH: Talarico instantly names favorite Texas drag queen — a performer who says he ‘works with children’
by adminEXCLUSIVE: Texas Democratic Senate hopeful James Talarico instantly named Alyssa Edwards when asked at a campaign event to identify his favorite drag queen in the state — pointing to someone…
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Politics
Reporter’s Notebook: Congress meets AI as fears of human extinction jolt Capitol Hill
by adminMembers of Congress returned to Capitol Hill this week in pure freakout mode. There are apocalyptic scenarios about AI seizing control of water systems. Subways. Air traffic control. Crashing planes.…
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Oracle is trimming its workforce once again as the software giant pivots its financial resources toward the expensive race for artificial intelligence. Internal documents obtained by Business Insider reveal that…
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Toronto’s upscale Yorkville neighborhood has become the center of a high-stakes financial tug-of-war this week as Mark Carney hosts the Canada Investment Summit. With roughly 300 top executives managing over…