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Scott Bessent and his team at the Treasury Department now face what could be their biggest challenge yet — fixing the affordability crisis as he shapes President Trump’s policies on tariffs, taxes, and Uncle Sam’s $38 trillion debt pile. The months ahead of the US midterm elections will be pivotal, as the former hedge-fund manager […]
Elon Musk said in a new interview that he thinks robotics powered by artificial intelligence driving productivity gains and output are the only way to address the more than $38 trillion national debt. Musk said in a podcast interview on “A Different Conversation with Nikhil Kamath” released Sunday that the widespread deployment of AI and robotics are the […]
A former senior partner at McKinsey & Company was sentenced on Friday to six months in federal prison for destroying records of the firm’s work to “turbocharge” Purdue Pharma’s OxyContin sales during the opioid crisis. Martin Elling, 60, pleaded guilty in January to obstruction of justice related to criminal investigations into McKinsey’s consulting work with […]
President Trump’s tariffs have sent the US agricultural industry into a “full-blown crisis” as canceled orders from China are forcing farmers to lay off workers or shut down their businesses, according to a trade group. China last week made its largest cancellation of pork orders since the COVID-19 pandemic in 2020, halting a shipment of […]
March 3, 2025, 2:10pm It feels like every day lately, we get more news of newsroom hemorrhage. Last week, self-appointed media emperor Jeff Bezos wrote a letter to his employees at The Washington Post asserting in no uncertain terms that the paper’s opinion page will no longer welcome all opinions. “We are going to be writing every […]
