The AI boom is soaking up investor cash, staving off a recession, and showing signs of faltering, David Rosenberg says. AI is “sapping the momentum out of the rest of business capital spending,” the veteran economist said during the latest episode of the “Excess Returns” podcast. Rosenberg estimated that 50% of all corporate investment is
The government’s near-$40 trillion national debt is now costing the Treasury more than $3 billion a day in service payments, according to a new report from the Congressional Budget Office (CBO). In its August budget update, the CBO reported that net interest on public debt totaled $963 billion between October 2025 (when the fiscal year
When Mathipa was assigned to the case a month later, he issued a subpoena to special forces to force them to hand over full details of this alleged training exercise and all the personnel involved. When access to these documents was finally promised, three months later, Mathipa had a premonition that he would be murdered
Investors are hunting for social media startups that can spark new connections and nurture existing ones. “Social media companies started based on connection,” Shawn Carolan, a partner at Menlo Ventures, said of the previous wave of giants like Facebook and Instagram. Carolan said these companies “evolved into media companies” and abandoned that connection. That leaves
QED Science has developed an AI tool that examines manuscripts before publication and assesses the originality and validity of their findings.Credit: deepblue4you/Getty A growing number of private firms are offering researchers artificial-intelligence tools for scrutinizing manuscripts before publication. One such system, developed by a start-up called QED Science in Tel Aviv, Israel, aims to judge
Ugandan Talemwa Pius’ striking magic realist fable “A Vineyard for a Lobster” and “Accept My Plea for a Burial,” a Somalia set critique of ancient custom, emerged triumphant at Locarno’s 2026 Open Doors, winning its two biggest cash prizes. Neither prize comes as a surprise. Picturing a miraculous snowfall in a drought-ridden Ugandan village, in