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News
'Don't underestimate the President': Trump's Kevin Hassett backs $5,000 dividend checks idea
2+ day, 15+ hour ago (546+ words) White House National Economic Council Director Kevin Hassett says President Donald Trump’s $5,000 payment plan can move forward without worsening federal finances. The proposal would cost above $1 trillion, with US debt near record levels. Kevin pushed back on the borrowing concern…...
Trump makes another $5,000 stimulus promise to Americans if they vote Republican in midterms
4+ day, 8+ hour ago (724+ words) President Donald Trump is promising American adults $5,000 each if Republicans keep the House and Senate after the November midterms. Trump announced the idea Wednesday at the GOP gathering in Dallas while Republicans try to hold their congressional majorities. Sending that…...
Huawei goes on trial in Brooklyn over Iran sanctions and trade secrets
5+ day, 22+ hour ago (455+ words) China’s largest telecom-gear maker Huawei Technologies had its criminal case open to jury selection yesterday before a Brooklyn federal jury, with charges of racketeering, bank fraud, and sanctions tied to its business in Iran. The legal tussle comes in the…...
Hunter Biden plans LAPTOP meme coin with airdrop aimed at TRUMP losers
6+ day, 20+ hour ago (563+ words) Hunter Biden is part of the founding team behind a new meme coin called LAPTOP, set to go live on the Coinbase-built Base network on Sept. 9 with one billion tokens. A portion of the supply is reportedly reserved for traders…...
China's top court sets liability rules for AI deepfakes and unfair pricing
1+ week, 3+ hour ago (747+ words) China’s Supreme People’s Court has moved to set proper guidelines on who faces legal liability for AI deepfakes and voice cloning in a September 7 attempt to install guardrails around AI-generated content. According to China’s Supreme People’s Court, the line separating…...
ChatGPT and Grok clear IL5 on GenAI.mil as Anthropic fights its ban in court
1+ week, 5+ day ago (835+ words) The Department of War put ChatGPT Mil and Starshield AI’s Grok for Government on GenAI.mil, both cleared for Controlled Unclassified Information at Impact Level 5. GenAI.mil has enrolled more than 1.7 million users from a workforce of over 3 million since…...
Kalshi bans former GOP Rep. Santos, orders $71K penalty
1+ week, 6+ day ago (531+ words) Mr. Santos bet on whether or not he would be present at the State of the Union Address, which was a market that only he could affect himself. According to the notice issued by Kalshi’s compliance team, it has been…...
Kevin Warsh says he may hike interest rates this year at Jackson Hole
2+ week, 2+ day ago (653+ words) Trump-appointed Federal Reserve Chairman Kevin Warsh made clear during his Friday appearance at Jackson Hole that interest rates could get hiked this year if inflation refuses to settle down fast enough. Kevin said summer inflation figures came in cooler than…...
China's remote chip access route lands on Trump radar
2+ week, 2+ day ago (685+ words) The Trump administration is preparing a rule that would stop Chinese companies from renting American AI chips through data centers in other countries. This is a channel that the current US export controls do not cover currently. The Commerce Department’s…...
Anthropic scores a major legal win as a judge strikes down the Pentagon's AI blacklist
2+ week, 3+ day ago (834+ words) US District Judge Rita Lin just ruled that the Pentagon illegally penalized Anthropic with its “supply chain risk” designation. Earlier this year, the Pentagon branded the company a national security risk after negotiations broke down. At the time, Anthropic was…...