Scott Bessent
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Business
Yann LeCun Breaks With AI ‘Godfathers,’ Calls Anthropic CEO Dario Amodei ‘Deluded’ Over Extinction Warnings
Yann LeCun is using his new publicly traded company to challenge the foundational premise driving billions of dollars in artificial…
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Business
U.S. Factory Shipments Surge 20% as Tax Cuts and Deregulation Drive Economic Acceleration
Factory shipments across the United States have climbed nearly 20 percent over a recent three-month period, anchoring a broader industrial…
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Business
Iran Faces Imminent Cash Crisis as Oil Exports Halt and Currency Collapses
U.S. Treasury Secretary Scott Bessent warned that Iran will exhaust its remaining liquid trade assets within two weeks, projecting that…
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Crypto
Senate Investigators Find Tether’s USDT Dominated Sanctioned Iranian Crypto Wallets
Two sanctioned Iranian oil smugglers moved more than $603 million in Tether’s USDT stablecoin between 2021 and 2025, routing funds…
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Business
Trump Accounts Auto-Enrollment: 73 Million Children Added, But $1,000 Seed Money Requires Separate Action
The U.S. Treasury Department and IRS have finalized temporary regulations to automatically establish Trump Accounts for approximately 73 million eligible…
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Business
U.S. Sanctions Tren de Aragua Financial Network Behind $40 Million ATM Jackpotting Campaign
The U.S. Treasury Department sanctioned 10 individuals and entities linked to a Venezuelan gang’s cybercrime operation that drained more than…
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Business
The Magnificent 7’s Bond Market Trap: How AI Spending Exposed Tech Giants to Interest Rate Risk
Bank of America strategist Michael Hartnett has identified a structural inversion in the investment thesis for the “Magnificent 7.” The…
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Business
Trump’s accounts recorded up to $270 million in July trades, disclosures show
WASHINGTON — Investment accounts held in President Donald Trump’s name recorded 1,156 transactions in July, with trades valued at between…
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Business
US and China Open AI Safety Talks as Trump Rejects International Rules
WASHINGTON — The Trump administration has opened a private diplomatic channel with Beijing on artificial intelligence safety, proposing that the…
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Business
Trump-Xi Summit Weighs an AI Hotline for Crisis Control
WASHINGTON — President Donald Trump and Chinese President Xi Jinping are set to meet this week at Joint Base Andrews…
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