The New York Times |
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U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It18:07 The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene. Elon Musk’s SpaceX Plans $55 Billion Investment to Make A.I. Chips18:07 The rocket company’s new semiconductor factory, called Terafab, is part of the billionaire’s increasing efforts to dominate artificial intelligence. Stocks Are Exuberant. Bonds Are Subdued. Why the Divergence?18:07 Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. Treasuries, have other concerns. Shell Reports Nearly $7 Billion Profit Amid ‘Unprecedented Disruption’14:55 The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals. Why Investors Are Still Betting Big on Kalshi14:23 The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it was worth in December. Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation14:23 The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth. Fast-Food Sales Rise Despite Higher Gas Prices13:19 Fallout from the war in Iran didn’t dampen quarterly results at McDonald’s, Burger King and Taco Bell. Help! We Got to the Gate in the Nick of Time, but Missed Our Flight.11:10 A California couple rushed through Heathrow to catch their connecting flight, arriving with minutes to spare. But British Airways had already given away their seats. Is It an Art Gallery? A Museum? A Theater? A Dream?11:10 The Ministry of Awe, a new immersive experience in a former bank in Philadelphia, aims to help locate the wondrous in the everyday. After Stumbles, Technology Meant for Self-Driving Cars Finds a Second Act11:10 After a crush of promises in 2016 that autonomous cars would soon rule the road, companies whose tech underpinned them have shifted to other industries, like managing shipyards and city traffic. Oil Prices Hold Steady as Iran Talks Remain Murky9:02 Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations. War and Energy Shortages Boost China’s Influence in Asia6:23 The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought. The ‘Perfect Storm’ Hanging Over Britain’s Public Debt6:23 Bond investors are expected to scrutinize the results of critical local elections on Thursday as the war in the Middle East adds inflation pressure on the government. Anthropic’s C.E.O. Says It Could Grow by 80 Times This Year3:09 The chief executive, Dario Amodei, said the rapid growth had exponentially increased the start-up’s need for more computing power. |