Economy

Economy
Economy

Passenger goes overboard on Carnival cruise ship heading to Long Beach

What was supposed to be the relaxing conclusion of a week long vacation turned into a nightmare for passengers aboard the Carnival Panorama this past weekend. As the ship made its final leg from Puerto Vallarta, Mexico, back toward Long Beach, California, crew members discovered that a male passenger was missing. The discovery triggered an

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Economy

Elon Musk’s latest Boring Company pitch involves a Hyperloop between Austin and San Antonio

Elon Musk is once again dreaming big about the future of transit, suggesting that his tunneling venture, The Boring Company, could develop a precursor Hyperloop connecting Austin and San Antonio. According to recent claims made by the entrepreneur, this high speed infrastructure would drastically slash travel times between the two Texas hubs to under thirty

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Economy

How the Clarity Act’s Defeat Handed the SEC and CFTC the Wheel on Crypto

Washington witnessed a bruising week for cryptocurrency policy as the Senate failed to advance the landmark Clarity Act in a narrow 49-50 vote. The collapse of the bill followed months of grueling bipartisan negotiations, ending in a deadlock where Democrats voted as a bloc against the measure, aided by three Republicans. While Senator Thom Tillis

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Economy

AI slowdown calls justified but collapse of bubble may be more immediate threat | Heather Stewart

While warnings about rogue artificial intelligence taking over the world have dominated recent headlines, there is a more grounded danger lurking beneath the surface of the tech boom. For weeks, industry leaders have sounded alarms about existential threats and called for urgent regulation to keep powerful bots in check. While concerns over privacy and security

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Economy

Nvidia boss rejects AI extinction fears as ‘doomsday narratives’

Jensen Huang, the chief executive of chipmaking giant Nvidia, has pushed back against claims that artificial intelligence could trigger a human extinction event within the next ten years. In a wide ranging interview with CBS News, Huang dismissed these warnings as baseless doomsday narratives, asserting there is zero percent chance that the world will end

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Economy

Trump tariffs hit Canada’s dairy farmers as US sales stall

For Casey Pruim, running a dairy farm in Abbotsford, British Columbia, is a game of precision and timing. Every two days, 28,000 litres of raw milk leave his property to enter a complex distribution network designed on the belief that there will always be a buyer. However, that stability has vanished following the implementation of

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Economy

Too old to hire? These Americans lost their jobs at 60

For many American workers, hitting sixty feels like entering a precarious dead zone where they are viewed as too old to hire but remain far too young to retire. This gap is often exacerbated by the timing of government benefits, with Social Security typically unavailable until age 62 and Medicare not kicking in until 65.

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Economy

A 60-year-old took out student loans to help her kids succeed. She’s facing retirement with a $156,000 balance.

Nansi Lynch spent nearly three decades working as a school bus driver, balancing her mornings and evenings with running a gym she co owns with her son. While she never attended college herself, she wanted to ensure her children had every opportunity to succeed in the workforce. To make that happen, she took out federal

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Economy

Budget airline king Bill Franke warms to first-class seats and premium upgrades

For decades, Bill Franke built a global aviation empire by mastering the art of the bargain. As the co-founder of Indigo Partners and chairman of Frontier Airlines, Franke became the architect of the ultra-low-cost model, making a fortune by stripping away every possible luxury and charging passengers for everything from carry-on bags to specific seat

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Economy

‘It’s awful’: How tariffs, soaring fuel costs and higher interest rates are squeezing American companies

For Allen Eden, the owner of Original Saw Co. in Britt, Iowa, the current economic climate feels less like a dip and more like a vice. His business produces industrial power saws, but lately, he has spent more time worrying about the skyrocketing cost of basic components than the machines themselves. One small motor bracket

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