
While billionaires have come under fire for not living up to their philanthropic promises, one person is rising from the rest: MacKenzie Scott. She’s pouring billions into education, public health, and the environment—and now, she just funneled some of her fortune to help feed and support millions of Americans. Scott recently gave a $70 million
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A decommissioned nuclear silo near Denver, Colorado, that could once launch three 4.5-megaton nuclear missiles at a moment’s notice is now an entrepreneur’s pet project. Nik Halik, an Australian venture capitalist, purchased the decommissioned Cold War-era nuclear missile silo from the US government in 2021 for more than $10 million. For the past five years,
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NASA’s Boeing Co. rocket just propelled astronauts farther into space than ever before. The Trump administration is already looking to competitors for a replacement. About a week before the $24 billion Space Launch System pushed the four crew members of the Artemis II mission around the moon, NASA asked rivals what options they could offer
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Don’t expect the Fed to rush to prop up the US economy if it runs into trouble, Ruchir Sharma says. Loading audio narration… The famed investor and Rockefeller Capital Chairman said he believes the Fed’s hands are tied when it comes to cutting interest rates to prop up economic growth. That’s because — despite the
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Ship traffic through the Strait of Hormuz remained blocked Thursday, even as a handful of Chinese vessels lined up to escape, with a very fragile ceasefire between the US and Iran yet to improve traffic flows in the region. Just seven ships, all with some kind of prior link to Iran, were observed making the
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