Economy

Economy
Economy

FDA to require notice of additives in food supply for the first time

The Department of Health and Human Services announced a sweeping new initiative on Monday aimed at bringing transparency to the often mysterious array of additives found in the American food supply. For the first time, companies will be required to notify the Food and Drug Administration when adding new substances to human or animal foods.

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Economy

Powerball winning numbers drawn for $905M jackpot. Check your ticket

Millions of hopeful players across the globe spent Monday evening clutching their tickets as the Powerball jackpot climbed to a staggering 905 million dollars. This massive prize, which carries a cash value of roughly 391.9 million dollars, marks the eighth largest payout in the history of the game. The pot grew following a long dry

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Economy

Powerball jackpot rises to $975M after Monday night’s drawing ends without a big winner

The dream of overnight wealth continues to grow as the Powerball jackpot has climbed to an estimated 975 million dollars. This latest surge comes after Monday night’s drawing ended without a grand prize winner, keeping the streak alive during a dry spell that has lasted several months. Those who missed out on the top spot

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Economy

Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade

The global energy market is currently trapped in a tense waiting game as hopes for a swift resolution to the blockade of the Strait of Hormuz begin to wither. While Brent crude prices have remained relatively subdued compared to their spring peaks, analysts warn that this period of relative calm is likely a fragile illusion.

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Economy

Nvidia gets $500bn from Wall Street giants to develop AI projects

Nvidia has secured a staggering 500 billion dollars from a consortium of Wall Street’s most powerful financial institutions to fuel the ongoing explosion of artificial intelligence. By teaming up with heavyweights like BlackRock, Goldman Sachs, Apollo, and KKR, the chipmaking giant is effectively redefining how the financial world views technology. For the first time, these

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Economy

Viral video ignites Shake Shack pricing debate

A casual trip to the Salt Lake City International Airport turned into a viral firestorm after a customer claimed that Shake Shack was penalizing people who chose not to tip. B.D. Powell took to TikTok to document a social experiment inspired by his wife’s theory that the burger chain adds surcharges to individual items if

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Economy

Trump Media reports $238m loss as crypto falls

Trump Media and Technology Group has reported a staggering loss of 238 million dollars for the second quarter, marking a sharp decline compared to the same period last year. While the parent company of Truth Social saw its revenue climb nearly 90 percent to reach 1.7 million dollars, these gains were completely overshadowed by heavy

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Economy

Trump media company announces a massive loss and new turnaround effort

Trump Media and Technology Group is facing a steep uphill climb after reporting a staggering 238 million dollar loss for the second quarter. This figure represents a massive jump from the previous year, driven largely by unsuccessful attempts to diversify into sectors like cryptocurrency. The company saw its per-share loss widen significantly to 86 cents,

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Economy

Mark Zuckerberg Says He’s Surprised the ‘Discourse’ From AI Companies ‘Is So Filled With Doom’

Mark Zuckerberg is pushing back against the growing narrative of existential dread surrounding artificial intelligence, questioning why so many industry leaders are framing the future in terms of catastrophe. In a sweeping 6,500 word manifesto titled The Future is for Everyone, the Meta CEO argued that AI should be a tool for individual empowerment rather

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Economy

What smart people are saying about Meta’s open-weight model Muse Glimmer and Mark Zuckerberg’s AI manifesto

The tech industry is buzzing following Meta’s return to open source with the release of Muse Glimmer, a move accompanied by a sprawling 6,500 word manifesto from Mark Zuckerberg. In his essay, Zuckerberg argues that society benefits more when powerful AI tools are accessible to the masses rather than locked behind the corporate safeguards of

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