Moody's Analytics chief economist Mark Zandi warns that sudden US restrictions on Anthropic's advanced AI models, coinciding with the SpaceX IPO, highlight a hidden economic threat and pose a "massive threat" to market optimism and the economy.
The article details the complex, decade-long journey of the U.S. government and soccer officials to secure the 2026 World Cup, involving FIFA's corruption scandal, a trilateral bid with Mexico and Canada, and significant political maneuvering.
Anthropic has disabled access to its Fable 5 and Mythos 5 AI models for all foreign nationals following a U.S. government directive citing national security concerns. The company stated the order lacked transparency and did not align with its principles for blocking unsafe AI deployments.
The U.S. sanctions Cuba's Cupet, escalating tensions, citing unlawful expropriation of American assets and energy exploitation by the Cuban government.
The U.S. government has imposed sanctions on Cuba's state-owned oil and gas company, Cupet, accusing it of unlawfully expropriating assets and weaponizing energy. Secretary of State Marco Rubio stated that Cupet's assets in the U.S. are blocked, escalating tensions.
Meta's Chris Lehane expressed skepticism about Donald Trump's proposal to share AI company wealth with the public, emphasizing Meta's focus on infrastructure and community investment instead. The idea is part of broader discussions in Washington about distributing AI-generated wealth.
The U.S. State Department approved a potential sale of 70 AIM-120C-8 AMRAAM missiles and related equipment to South Korea, valued at $292 million, to enhance its defense capabilities and regional deterrence.
Sriram Krishnan, a key White House AI policy adviser, is leaving his post by June's end. His departure coincides with the administration's exploration of investing in AI firms and navigating security concerns, including recent tensions with AI company Anthropic.
The US faces national security risks due to its heavy reliance on China for AI circuit boards. Domestic manufacturing is declining, leading to concerns about malicious components and supply chain vulnerabilities. Efforts are underway to boost US production through subsidies and legislation.
Treasury yields fell slightly as investor optimism for a potential US-Iran war settlement persisted despite ceasefire tensions, with the 10-year yield dropping to 4.481%. Oil prices declined on peace hopes, while global bond markets rallied.
The US Department of Energy selects 5 startups (Oklo, Standard Nuclear, Shine Technologies, Flibe Energy, Exodys Energy) to negotiate using 34 tons of Cold War-era plutonium in new nuclear reactors, despite security and disposal concerns.
The US has implemented a new policy requiring travelers from Uganda, South Sudan, and the DRC to enter through specific airports due to the Ebola outbreak. Medical student Michal Ruprecht was among the first to experience the new screening procedures upon arrival at Dulles International Airport.
U.S. Treasury yields declined Friday after a volatile week driven by inflation worries. The 10-year yield fell to 4.564%, while the 2-year yield remained flat. Progress in U.S.-Iran talks was signaled, but disagreements persist over uranium stockpiles and the Strait of Hormuz.
US government awards $2 billion in grants to nine quantum computing firms, boosting stocks. IBM receives $1 billion to build a quantum foundry in Albany, NY.
Walmart plans to use tariff refunds to lower store prices, citing shopper anxiety over rising fuel costs. CFO John David Rainey noted a "stress" indicator as customers buy less gas, with lower-income consumers being more budget-conscious.
Quantum computing stocks surged premarket Thursday after reports of $2 billion in US government grants to nine firms, including IBM, which is set to receive $1 billion for a new quantum foundry. Funding comes from the 2022 Chips and Science Act.
The US government acquired a 10% stake in Intel for $0, now valued at $11 billion, as announced by Commerce Secretary Howard Lutnick. President Trump revealed the deal involved converting federal grants into equity, with Intel CEO Lip-Bu Tan agreeing to the terms.
Cambria CEO Marty Davis, a Trump donor, is pushing for tariffs on imported quartz, sparking a trade war with competitors who claim he's using political ties to gain an unfair advantage and raise prices for consumers.
The U.S. government has settled a lawsuit against Indian billionaire Gautam Adani and his nephew Sagar Adani, alleging they concealed a bribery scheme to secure Indian government contracts for their solar energy project, violating U.S. securities laws. The Adanis agreed to pay $18 million in civil penalties without admitting guilt, and related criminal charges are likely to be dropped following the suspension of the Foreign Corrupt Practices Act by President Trump.
Public health experts are questioning the U.S. government's response to the hantavirus outbreak aboard a cruise ship that involves Americans
U.S. airlines spent 56.4% more on jet fuel in March than they did in February, U.S. government data released Wednesday show.
Google, Microsoft, and Elon Musk’s xAI have agreed to run their models by the U.S. government as Trump weighs an AI executive order.
U.S. cybersecurity agency CISA says the CopyFail bug is being actively used in hacking campaigns, and poses a major risk to servers and datacenters that rely on Linux.
Palantir reported better-than-expected revenue and profit, driven by growth in sales to U.S. government agencies.
