Author: Editor-In-Chief

Amazon CEO Andy Jassy released his annual shareholder letter Thursday, reasserting Wall Street investors that the company’s massive investment in artificial intelligence is worth it. “We do not intend to be conservative in this effort. We are investing to be a meaningful leader, which will result in much greater future business, operating income and (free cash flow) for us,” Jassy wrote.The company said in February that it expects to spend about $200 billion in capital spending this year, the bulk of which will go toward AI infrastructure such as data centers, chips and networking equipment. That’s more than any other…

National Economic Council Secretary Kevin Hassett speaks to reporters outside the West Wing of the White House on February 11, 2026 in Washington, DC. The Bureau of Labor Statistics announced that the United States added 130,000 jobs in January.Anna Moneymaker | Getty ImagesKevin Hassett, President Donald Trump’s chief economic adviser, said Thursday that getting even one oil tanker through the Strait of Hormuz would provide “a huge chunk of what’s missing” amid a global supply shortage caused by the U.S.-Israel war.White House National Economic Council Chairman Hassett made the assertion as traffic through the key shipping lane remains severely restricted,…

A group of US Democratic politicians condemned Israel’s escalation in attacks on Lebanon, stressing that this escalation risks disrupting the ceasefire between the US and Iran and reigniting regional war.Some US lawmakers also called on President Donald Trump to rein in ally Israeli Prime Minister Benjamin Netanyahu on Wednesday after Israel dropped hundreds of bombs across Lebanon, killing at least 254 people.Recommended stories list of 3 itemsend of list”Prime Minister Netanyahu continues to escalate the war, kill civilians, and put the United States at risk of a broader regional war,” Rep. Dave Minn wrote on social media platform X.”It’s clear…

On Wednesday, the first day of a ceasefire between the United States and Iran, Israel carried out its biggest attack on Lebanon since the war began, killing at least 182 people, a move that threatens to derail an already fragile ceasefire. Iran said the ceasefire included Lebanon, a position echoed by Pakistan, which helped broker the deal. Israel and the United States said otherwise. Delegations from the United States and Iran are scheduled to begin negotiations in Islamabad this weekend, with whether Lebanon included in the ceasefire has emerged as a possible wild card. “The Lebanese front could ultimately undermine…

Enzo Fernandes and his agent have apologized to Chelsea for comments made by Enzo Fernandes while on international duty in Argentina. Fernandes said in an interview that he welcomes life in Madrid, leaving open the possibility of a move to Real Madrid in the summer. There have been no negotiations to sell Fernandes, and his contract with Chelsea runs until 2032. Following these comments, Chelsea head coach Liam Rosenior announced last Friday that Fernandes would be left out of the squad for two games, live on Sky Sports: last Saturday’s 7-0 win over Port Vale and this weekend’s Sunday game…

This photo taken on March 26, 2026 shows an oil tanker loading crude oil at the port of Yantai city in eastern China’s Shandong province. CN-STR | AFP | Getty ImagesOil prices rose on Thursday as markets realized Iran still controls access to the Strait of Hormuz despite a two-week ceasefire with the US us west texas intermediate crude oil May futures rose more than 3% to $97.97 a barrel by 12:16 p.m. ET. International benchmark Brent crude oil futures for June delivery rose more than 1% to $95.94.U.S. crude rose above $100 in early trading, but rebounded after Prime…

MetaPlatform is being bought after it released its long-awaited artificial intelligence model this week, according to JPMorgan. The investment bank reiterated its overweight rating on Meta. He also reaffirmed his price target at $825, implying an upside of 34.7% from Wednesday’s closing price. “The launch of Muse Spark should increase confidence in Meta’s expansion trajectory and improve investor sentiment,” JPMorgan analyst Doug Anmuth said in a note to clients on Wednesday. On Wednesday, Meta unveiled its Muse Spark AI model, putting the tech giant in direct competition with the likes of OpenAI’s ChatGPT and Anthropic’s Claude. The product is the…

A “U.S. Army” sticker is affixed to the uniform of a soldier of the 1st Infantry Division during military training at the Nowa Dewa training range in Poland, April 12, 2023. Arthur Widak | Null Photo | Getty ImagesThe Selective Service System plans to automatically enroll eligible American men between the ages of 18 and 26 into the U.S. military draft by December, according to government filings, nearly half a century after mandatory registration for the draft by this group became law.SSS’s proposal would introduce a requirement in the National Defense Authorization Act, passed by Congress in December, to include…

Amazon CEO Andy Jassy’s annual shareholder letter includes a diss song to Kendrick Lamar. What if rappers were the smooth-talking CEOs of corporations and not poetic Pulitzer Prize-winning musicians? That means you need to know the history to understand all the competition Jussie aspires to, along with a cute personal story about his unfulfilled dreams of becoming a sportscaster and watching hockey games with his father. Of course, Jassie doesn’t directly throw the gauntlet. He takes a more nuanced approach. For example, in his challenge to NVIDIA, he wrote, “We have a strong partnership with NVIDIA and will always have…

WASHINGTON (AP) — iran war Regardless of whether the fragile ceasefire holds, dark clouds are forming over the global economic outlook, the head of the International Monetary Fund warned on Thursday.IMF Managing Director Kristalina Georgieva said the IMF will lower its outlook for the global economy next week. “Without this shock, global economic growth would have accelerated even more,” Georgieva said in remarks ahead of next week’s IMF and World Bank spring meetings. “But now even our most hopeful scenarios include lower growth rates.”The global economy has proven resilient in the face of President Donald Trump’s tough decisions. Last year,…