Severe backlogs could leave over a dozen US Navy attack submarines awaiting decommissioning sitting idle for more than 14,000 days through the end of the decade, and cost the sea service over $3 billion, according to a new watchdog report. Navy maintenance delays have already cost the sea service billions of dollars and sidelined active
The online prediction market platform Kalshi said Monday that it has permanently banned former U.S. Rep. George Santos for his bets on whether he’d attend the State of the Union address and has fined and temporarily banned North Carolina congressional candidate Laurie Buckhout for bets she now calls a “dumb mistake.” The company announced the ban on
Fitbit’s Charge series has long been the Goldilocks of the brand’s fitness trackers — not quite a smartwatch, but far more capable than a basic step counter. With the Charge 6 (released in 2023), Fitbit brings basic smarts into a just-big-enough package, offering features like GPS, Google Wallet, and on-wrist music control alongside its best-in-class
Before becoming the founder of Bridgewater Associates, not to mention a celebrated author, Ray Dalio faced a moment of financial distress that reshaped his entire approach to investing and life. After being fired early in his career, Dalio founded what would become the world’s largest hedge fund as an independent operation, run out of his
A little over a year ago, the federal government acquired a stake in Anthropic without paying a penny. The shares were seized from associates of the crypto fraudster Sam Bankman-Fried. From there, they disappeared into a legal black hole. As Anthropic rockets toward what could be the biggest IPO in history, those shares could now
The era of buying crypto on social media has arrived. Crypto payments company MoonPay announced Monday that it launched PayBox, its AI-enabled payment and wallet tool, inside Grok, X’s native chatbot. The service is available globally and lets people carry out a variety of crypto transactions across different blockchain networks. MoonPay’s Grok launch reflects a
