Articles

Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are 'reverse crowding' the Treasury

Among the many potential downsides for letting the national debt get too high was that the federal government would suck up so much capital that businesses wouldn’t be left with enough.

Sony Music, Warner sue Anthropic, alleging a "brazen campaign" of intellectual property theft

This latest lawsuit is particularly broad and homes in on accusations of illegal piracy.

"We're not doing 30 bets a year": Vijay Pande on betting small after running $4 billion at a16z

Vijay Pande — who left a16z's roughly $4 billion biotech practice last year to start the much smaller, AI-native VZVC — talks about why biology is finally shifting from a "discovery" science to an "engineering" one, why clinical trials are still brutally expensive, and why he thinks open, shared datasets (not walled-off ones) are what will actually let AI transform medicine.

The U.S. doesn't have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world's 2nd largest reserves

Many of the world’s top oil countries have state-run national champions, such as Saudi Arabia’s Aramco, Russia’s Rosneft, the UAE’s Abu Dhabi National Oil Company, Brazil’s Petrobras, and Mexico’s Pemex.

Casey's quietly became America's fifth-largest pizza chain. Meet the Fortune 500 gas station Gen Z can't stop posting about

Drive through Iowa, Missouri or Illinois, and you’ll pass a Casey’s roughly every few exits. Midwesterners have come to know the red-roofed convenience store and gas station where people buy diesel, a bag of ice, a lottery ticket and, increasingly, a hot pizza. Maybe it’s one of their distinctive creations, like the taco pizza or the breakfast pizza.

ICE explores purchasing robot dogs in enforcement tech push

The Trump administration is exploring adding robot dogs to the expanding arsenal being used by federal immigration authorities as they seek to boost arrests and deportations across the country.

Trump backlash adds new risks to the stocks the government owns

Traders have made a bundle over the past year following President Donald Trump as the US government pursues an unprecedented strategy of taking ownership stakes in publicly traded companies.

Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine

Drugmakers found a promising cure for the obesity epidemic and their stocks were rewarded for it. Now, investors are salivating over a new crop of companies tackling a more purely aesthetic problem: baldness.

Russia is teaching its children to fight the wars of the future

Students returning to Russian schools next week will discover a change to their civics courses that puts military training at the heart of the lessons.

For his latest tariffs, Trump used a statute so obscure many lawyers didn’t even know it still existed. 'This law is literally a blank canvas'

In firing up a trade war with Canada, President Donald Trump turned to a 96-year-old statute so obscure that many trade lawyers didn’t even know it was still on the books.

Trump says US to take control of 65bn barrels of Venezuelan oil

The president says the countries’ joint venture will lower petrol prices for Americans

Warsh raises stakes for Fed's next meeting and other takeaways from Jackson Hole conference

WASHINGTON — Federal Reserve Chair Kevin Warsh renewed his inflation-fighting credentials in a speech Friday that opened the door to potential rate hikes in the coming months.