Trump claims — yet again — that a deal to reopen Hormuz is close
U.S. President Donald Trump said a deal to reopen the Strait of Hormuz could come as early as Wednesday, as...
$25 billion in data centers shows St. Louis is serious about competing in the AI economy
America is entering a new infrastructure race. In the 19th century, railroads determined which cities prospered. In the 20th century,...
Noa Khamallah was a street kid and convict. Now his $10 million fund is taking on mega-VCs
Noa Khamallah grew up without a microwave or a car, dropped out of school, and did time in prison before...
Current price of oil as of August 5, 2026
At 5:30 a.m. Eastern Time today, the price of oil sits at $83.72 per barrel, using Brent as the benchmark...
Bill Ackman’s next big bet is convincing Americans to fall back in love with capitalism
In today’s CEO Daily: An interview with Bill Ackman The big leadership story: Inside Mistral, Europe’s wannabe sovereign AI savior...
‘Baffling’: White House won’t publicly release AI model evaluation framework it reviewed today with OpenAI, Anthropic, Microsoft and others
The White House has no plans to publicly reveal the framework it’s been working on for how it will vet...
Elon Musk says SpaceX data centers will crush competitors because having rocket scientists is like the Yankees ‘playing a little league team’
After spending nearly $16 billion on artificial intelligence infrastructure in the second quarter, Elon Musk used SpaceX’s first earnings call...
Trump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China
In both of his administrations, President Donald Trump has wielded tariffs as a means of discouraging trade relationships with China,...
Gen Z’s anti-capitalist brand says one thing. Its spending data says something more interesting
Gen Z has built its brand on anti-capitalist rhetoric. That just shows how misunderstood they are. The transaction data tells...
Elon Musk delivers ‘totally nuts’ plans for moon robots and insists $1 trillion revenue target will hit but capex tanks SpaceX on debut earnings
SpaceX has been on a slide since hitting a $2 trillion valuation milestone at its June IPO, shedding close to...
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
In May, Arthur Mensch walked into a largely empty hearing room to deliver an urgent warning to the French National...
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
For months, billionaires have been funneling swaths of money into Republican midterm campaigns. But a New York Times report published...
Has the AI race shifted from U.S. vs China to open vs closed?
Another week, another new innovation from China’s AI labs. DeepSeek just released a new version of its V4 Flash model,...
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
Two moves this week, on top of a deal struck earlier this year, point to the same shift: the giants...
Trump meets AI giants, Senate Dems decry ‘unpredictable’ governance — and cheap Chinese AI looms as giant security risk
As the White House meets Tuesday with AI companies to discuss a finished voluntary framework for testing frontier AI models’...
