Economy
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Citi expects hawkish Fed to slow non-AI economy
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SpaceX Nasdaq 100 weight to jump to 2.82% in quarterly rebalance -Bloomberg
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California’s billionaire tax will ‘kickstart a movement’ that spreads to more states, the federal government and other countries, Nobel laureates say
A ballot initiative that would impose a wealth tax on California’s billionaires could be the start of a global trend, according to six Nobel Prize-winning economists. In a letter published on Saturday, they endorsed the state’s Proposition 40, which calls for residents worth more than $1 billion to pay a one-time tax equivalent to 5%…
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Before getting dropped by Ed Sheeran, Macklemore had long supported Palestinians, and his latest gift catalyzed YouTube star Ms. Rachel to donate
For the Palestinian relief nonprofits behind a $1 million pledge from rapper Macklemore, the Grammy winner’s latest contributions offer more than just money. Macklemore committed to donate his net earnings from Ed Sheeran’s Loop Tour after he was dropped for making pro-Palestinian comments onstage at New Jersey’s MetLife Stadium. The goal, he wrote in a Wednesday post on…
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Trump to form “AI Force”; says AI will make up 25% of U.S. GDP
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Trump Asks Followers To Pick A ‘More Elegant’ Name For AI
The president asked Truth Social followers to help him rebrand the term as ‘superior,’ ‘extreme,’ or ‘supreme’ intelligence.
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How Revenue Sharing Is Reshaping College Basketball Recruiting
College basketball recruiting is changing as revenue sharing forces schools to balance high school prospects, transfers, returning players and NIL opportunities.
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Flames, smoke seen near Riyadh airport; Houthis claim attacks on Saudi capital
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Trump calls for plans to form federal ’AI Force’