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News
'It will still take years': Ted Cruz acknowledges that Trump's Venezuela oil deal won't lead to immediate gas savings
1+ week, 2+ day ago (814+ words) Ted Cruz has a message for Americans hoping for cheaper gas following President Donald Trump’s deal with Venezuela: Be very patient. Although the Texas senator says he is optimistic about the White House’s recent announcement that could bring 65 billion oil…...
Flock CEO Garrett Langley says his $8 billion surveillance company can eliminate crime — but the tech raises concerns about abuse and privacy
2+ week, 1+ day ago (767+ words) Garrett Langley, founder and chief executive officer at Flock, an Atlanta-based surveillance company, believes his company’s technology can help lead to a crime-free world. “I’ve talked to plenty of activists who think crime is just the cost of modern society....
Mohamed El-Erian warns bond selloff poses 'considerable risks to our well-being' as 30-year yield hits 5.27% — a level not seen since 2007
3+ week, 2+ day ago (767+ words) For economist Mohamed El-Erian, sky-high interest rates on U.S. bonds are the harbinger of an even greater affordability crisis. “This is no ordinary bond-market sell-off,” El-Erian announced in his latest opinion piece for The New York Times. The former PIMCO CEO…...
Epic Games CEO Tim Sweeney slams Pennsylvania Gov. Shapiro for 'sabotaging American progress' with AI data center crackdown
3+ week, 4+ day ago (610+ words) A growing political battle over the expansion of data centers is putting the future of America’s AI infrastructure under scrutiny. Pennsylvania has become the latest state to take a hard line against data center development — drawing sharp criticism from one…...
Capital One shut down 385 Trump accounts over money-laundering red flags — his lawyers call the bank 'disgraceful"
3+ week, 4+ day ago (857+ words) Earlier this month, court filings disclosed that Capital One closed 385 bank accounts associated with President Donald Trump in 2021 after flagging financial activities characteristic of money laundering. Financial institutions are required to follow a strict compliance regime that includes anti–money…...
Betting retirement on the big game? Gen Z investors are gambling on sports as a financial plan
3+ week, 6+ day ago (586+ words) Around one in four Gen Z investors now prefer to choose sports betting as their primary plan for building wealth — and the NFL season starts in a few weeks. Findings from Betterment’s fourth annual Retail Investor Survey show that 26% of…...