OpenAI CEO Sam Altman walks through the Hart Senate Office Building following meetings on Capitol Hill, in Washington, June 3, 2026. Evelyn Hockstein | Reuters OpenAI is in discussions with Nvidia about a backstop of up to $250 billion that would help fund its ambitious plans to lease a massive new artificial intelligence data center,…
Oil prices surged and the stock market’s “fear gauge” spiked as the war between the U.S. and Iran escalated again on Wednesday. Violence in the Middle East continues to impede traffic through the Strait of Hormuz, while even exponential growth for AI-related companies is letting down investors, traders and speculators. “We’ll be hitting them hard,”…
By Jim Dahle, WCI Founder <!– While I’ve flown in first class before, the trip we took the day I wrote this was the first time we actually bought a first class ticket. We’ve bought some Premium Select (second class) tickets while flying overseas, and we’ve certainly considered some lie flat (“Delta One”) tickets before….
The chief executive of Ukraine’s leading arms company says Kyiv has “learned the hard way” that military strength is an essential precursor to diplomacy, describing deep strikes into Russian territory as a core tenet of the country’s pressure campaign. Missile and drone maker Fire Point, which says it currently facilitates more than 60% of Ukraine’s…
U.S. midfielder Christian Pulisic (10) celebrates with teammate Folarin Balogun (20) after a goal against Paraguay in the first half of a FIFA World Cup 2026 soccer match at Los Angeles Stadium in Inglewood, California, June 12, 2026. Medianews Group/pasadena Star-news Via Getty Images | Medianews Group | Getty Images Belgian soccer authorities challenged the…
In May, the US government refunded just slightly more in customs duties than it collected. In June, it refunded more than twice what it collected. While small on their own, the net outflows illustrate a broader problem with President Trump’s tariffTariffs are taxes imposed by one country on goods imported from another country. Tariffs are…