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U.S. debt is competing with a record supply of corporate bonds, which is pushing up the cost of federal borrowing just as war spending...

The AI capital expenditure boom has created a gusher of corporate debt, forcing the Treasury Department to make its bonds more attractive to investors as the U.S. war on Iran adds to the deficit.Last Tuesday saw the single...

Saylor’s strategy ramps up sales of preferred in latest Bitcoin purchase | Fortune

Michael Saylor’s Strategy Inc. bought nearly $1.6 billion worth of Bitcoin—the company’s largest purchase since January—leaning more heavily on a security promising investors an 11.5% annual payout backed by the same cryptocurrency.The company, formerly known as MicroStrategy, bought 22,337...

Federal judge blocks RFK Jr.’s childhood vaccine cuts, says he likely broke the law | Fortune

A federal judge in Boston has temporarily blocked federal health officials from cutting the number of vaccines recommended for every child, and says U.S. Health Secretary Robert F. Kennedy Jr. likely violated federal procedures in revamping a key vaccine...

Peter Thiel is actively convincing billionaires to abandon The Giving Pledge — and it’s working | Fortune

Peter Thiel isn’t just skeptical of The Giving Pledge—he’s been actively working to dismantle it from within, telling signatories to walk away from their commitments and calling the organization an “Epstein-adjacent, fake Boomer club.”In an interview with The New...

Controversy over Reese’s ingredients reveals standard food industry practices most consumers never notice

Springtime in Pennsylvania is peanut butter egg season. This year some consumers may taste the eggs a bit more critically and scrutinize the ingredients and label more carefully.Reese’s, a Hershey brand, is known for combining...

A pet-friendly homeless shelter pilot reduced the rate of homelessness among the people it helped in California

When homeless shelters allow people to stay with their dogs and other pets, more unhoused people become more willing to stay in a shelter.That’s what my team at the University of Southern California’s Homelessness...

This week is Jerome Powell’s penultimate meeting as chairman of the Fed—don’t expect him to drop Wall Street many hints | Fortune

In a matter of months, a new face will stand behind the lectern at the U.S. Federal Reserve, following the meeting of its rate-setting committee. Jerome Powell has (in all likelihood) only got a few press conferences left before...

From foundations to fluency: why upskilling is the key to Europe’s AI future | Fortune

There is no question that for many Europeans, work will look different in the coming years. We’ve seen this “ripple effect” with every major technology shift, from computers to the Internet. And while research suggests that far more jobs...

Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’ | Fortune

Just two months ago, NATO was in the middle of an existential crisis over President Donald Trump’s insistence that the U.S. take control of Greenland. He threatened tariffs and refused to rule out military action, but eventually backed down....

Top airline CEOs plead with Congress to restore DHS funding and pay airport workers. ‘Once again, air travel is the political football’ | Fortune

The CEOs of the nation’s top airline companies, including American, Delta, Southwest and JetBlue, are imploring Congress to restore funding to the Department of Homeland Security and embrace a bipartisan solution to pay federal aviation workersincluding airport security officers during...
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Iran war prompts Donald Trump to delay meeting Xi Jinping in China

The escalating war in Iran has overshadowed many of the US' foreign policy objectives Source link
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