Economy

Economy
Economy

Amazon suspends use of 21 Air, cargo carrier involved in fatal Miami crash

Amazon announced on Sunday that it is suspending its partnership with cargo carrier 21 Air following a devastating crash in Miami earlier this month that claimed five lives. The decision comes after the e-commerce giant conducted a review of the circumstances surrounding the accident while cooperating with an ongoing investigation by the National Transportation Safety

Read More
Economy

21 Air Safety Concerns Raised & Amazon Contract Now Criticized After Deadly Boeing 767 Crash

The devastating crash of a Boeing 767 cargo plane at Miami International Airport on September 6 has ignited a firestorm of controversy surrounding the safety culture of 21 Air, the North Carolina carrier tasked with flying for Amazon. The tragedy claimed five lives and left five others injured after the aircraft overshot Runway 30, breached

Read More
Economy

How Carney plans to sell Canada to the world’s biggest investors

Mark Carney is placing a massive bet on his own Rolodex to save the Canadian economy. After declaring that Canada’s historic era of tight economic and military cooperation with the United States is effectively over, the Prime Minister is attempting to pivot the nation toward a more independent future. With trade talks collapsed and tensions

Read More
Economy

Anthropic has chosen the Nasdaq for its IPO listing

Anthropic has reportedly selected the Nasdaq as the venue for its upcoming initial public offering, marking a significant victory for the exchange in the race to attract the world’s most valuable artificial intelligence firms. The company, led by CEO Dario Amodei, has been eyeing an October listing date. This move follows Nasdaq’s recent success in

Read More
Economy

Trump Urges Federal Reserve To Cut Rates As Market Bets On Warsh Hike

President Donald Trump has once again pushed the Federal Reserve to lower interest rates, arguing that the strength of the American economy warrants the lowest borrowing costs globally. Speaking with reporters during a visit to Ireland on Sunday, the president dismissed traditional economic formulas used by central bankers, insisting that the U.S. position justifies a

Read More
Economy

Irish golf fans chant ‘USA’ after Trump announces end of tariffs on Irish whiskey

Golf fans gathered at the Trump International Golf Club in Doonbeg were treated to more than just world class athletics this weekend when President Donald Trump used an awards ceremony to announce a major trade victory for the local spirits industry. In a moment that shifted the energy of the crowd from sporting tension to

Read More
Economy

OpenAI boss and Elon Musk back calls to put brakes on ‘reckless’ AI development

In a rare display of unity among fierce competitors, the titans of the artificial intelligence industry have joined forces to call for a slowdown in the development of frontier AI. The push began with an urgent warning from Dario Amodei, the chief executive of Anthropic, who cautioned that building these systems too quickly is reckless.

Read More
Economy

Anthropic CEO Dario Amodei: “For too long the industry lied” about AI risks

Dario Amodei, the CEO and cofounder of Anthropic, recently issued a stark admission regarding the trajectory of artificial intelligence, stating that the tech industry has spent too long lying to the public about the inherent risks of these systems. Speaking from his company’s San Francisco headquarters, Amodei acknowledged that while immediate panic may not be

Read More
Economy

Retirees spent their lives saving. Now they’re afraid to spend

For decades, American workers are conditioned to view their retirement accounts as sacred vaults that must never be touched. The goal is simple: accumulate as much as possible during the working years to ensure security later in life. However, once those workers actually reach retirement, many find themselves trapped by the very habits that made

Read More
Economy

Parasitic outbreak linked to iceberg lettuce is over: CDC

Health officials have finally closed the book on a massive parasitic outbreak linked to iceberg lettuce, with the Centers for Disease Control and Prevention announcing on Friday that the threat has passed. The scale of the event was staggering, marking what is believed to be the largest outbreak of cyclosporiasis in United States history. According

Read More