It was an outcome that droves of economists warned was coming: Higher inflation being tolerated—consciously or otherwise—to bring down the value of America’s $40 trillion national debt. President Trump and his second administration haven’t been short of ideas on how to rebalance the national debt, which now demands $2 trillion in interest payments a year.
For some reason, September 29 is a popular date for holidays. Happy Goose Day, Poisoned Blackberries Day, and Attend Your Grandchild’s Birthday Day to those who celebrate. But I personally will be celebrating National Coffee Day. (Not to be confused with International Coffee Day, which is the day after tomorrow.) Created by the National Coffee
Major League Baseball has reached out to the federal government about the possibility of one day staging a game in western Wyoming’s Grand Teton National Park, an idea quickly met with resistance from environmental groups and others. MLB and the players’ association have played a handful of regular-season games away from the 30 big league
The U.K.’s renowned National Film and Television School (NFTS) has partnered with the Sean Connery Foundation to establish a new Scottish filmmaking center in Edinburgh. The NFTS Sean Connery Institute, which will launch in 2027, will bring together and expand the NFTS’ work in Scotland under one banner, with a mission to “discover and develop
Talks have begun between US and Chinese officials to propose a mechanism for the two countries to notify each other of artificial intelligence incidents which could threaten national security. The framework, called the US China AI Dialogue, would also see representatives from both countries meet again to discuss the technology and try to align on
Treasury Secretary Scott Bessent isn’t short of investors keen to rap his knuckles—and his friend and mentor, Stan Druckenmiller, was at the front of the queue. Bessent has been chastised by many for his recent attempt to manage prices in the bond market. As 30-year Treasury yields rose toward a near-20-year high last month, the
