Sam Altman gets defensive about AI’s massive electricity usage: ‘It also takes a lot of energy to train a human’
OpenAI CEO Sam Altman isn’t worried about AI’s increasingly glaring resource consumption, and argued humans require a lot too. In...
Stablecoins could finally bring cross-border payments into the digital age, argues XTransfer CEO Bill Deng
Bill Deng, CEO of China-based fintech platform XTransfer, thinks stablecoins can help finally digitize business-to-business transactions, often still stuck in...
U.S. debt concerns weigh on Trump’s plan to supersize the Pentagon’s budget to $1.5 trillion, highlighting this law about great-power status
President Donald Trump’s plan to boost defense spending 50% to $1.5 trillion has reportedly run into some resistance, including fears...
Drug use is on the rise as U.S. spending on the War on Drugs tops $1 trillion and cartel leaders drive violent eruptions in Mexico
The United States has poured a veritable war chest into combating the sale and abuse of drugs over the past...
‘Ghost GDP,’ a white-collar recession, and the death of friction: Substack’s top finance writer warns of the 2028 AI crisis nobody sees coming
“Ghost in the machine” isn’t just an album by The Police. It’s a midcentury term, coined around 1949, to engage...
The record gap between corporate profits and worker pay has an ‘undercurrent of betrayal,’ top economist warns
Workers have been falling behind dramatically in the tug of war between capital and labor, stoking serious concern about the...
The stock market bubble will burst in 2027 and the current rotation is a ‘warning of trouble ahead,’ Capital Economics says
Capital Economics is warning that the powerful shift underway in U.S. equities could signal that a long‑running stock market bubble...
India’s AI Impact Summit closes with the New Delhi Declaration and a $200 billion boost
For five days, New Delhi became the capital of the global AI debate, hosting heads of state, Big Tech CEOs,...
How ‘dumb money’ took over stock markets: $5.4 trillion of retail activity took place in 2025
For years, retail investors were dismissed by some on Wall Street as “dumb money.” That typically referred to those prone...
Is Ethereum good enough for Wall Street? If history is any guide, the answer is clear
The annual event known as Ethereum Denver returned last week, as a tribe of crypto faithful descended upon the rodeo...
Supreme Court limits Trump tariffs, but CFOs still face a volatile trade landscape
Good morning. The Supreme Court’s ruling on President Trump’s tariff authority did more than redraw the boundaries of executive power....
I shared the same guru as William Hurt and Elizabeth Gilbert. Here are 3 things I learned — and now tell CEOs — about toxic leadership
For a year and half in the early ’90s, I lived in an ashram with a guru who was said...
Inside India’s AI Impact Summit: Robot fraud, gridlocked roads, and a no-show from Bill Gates
Yoshua Bengio, like many participants of India’s AI impact Summit, was running late. By 6 p.m., the New Delhi roads...
What Amazon’s Fortune 500 rise teaches about experimenting beyond the core business
Amazon appears poised to take the top spot on the Fortune 500, edging out Walmart for the first time in...
Scott Bessent has ‘got a feeling’ that $175 billion raised under IEEPA is lost to the American people for good
Few households were banking on a tariff rebate cheque from the White House, but it’s looking even less likely now...
