A top Trump economic advisor warns AI is creating a “quiet time” in the labor market as productivity soars. New data shows just 22,000 jobs added in August while companies like Amazon and Target cut thousands of positions. The administration continues pushing AI infrastructure despite these workforc
Pakistan has officially launched a licensing system for VPN providers, granting approval to five local companies. The government claims this enhances cybersecurity, but critics worry it’s another step toward total internet control. Users now face a choice between potentially monitored local VPNs or
European Union officials are circulating draft plans to significantly expand the direct oversight powers of the European Securities & Markets Authority. The watchdog would gain authority over “significant” clearing houses, depositories, trading venues, and crypto firms. An independent executive boar
New research reveals tariffs are masking underlying inflation that’s actually at the Federal Reserve’s target. This could mean faster interest rate cuts, but the Fed faces a tricky policy decision about whether to ignore temporary price hikes.
Citi’s long-awaited exit from Russia gets Kremlin approval after years of complications. The sale to Renaissance Capital represents another major Western bank departure since the Ukraine invasion.
The UK government has introduced sweeping cybersecurity legislation that could fine organizations up to £100,000 daily for violations. Datacenters and managed service providers now fall under critical infrastructure rules with mandatory 24-hour breach reporting.
Facebook cofounder Dustin Moskovitz and his wife Cari Tuna have already donated over $4 billion and plan to give away most of their $20+ billion fortune. Their foundation uses rigorous data analysis to fund everything from malaria prevention to AI safety research.
Apple has fired back at European Commission inquiries about App Store fraud protections, calling the simultaneous push for sideloading contradictory. The company argues you can’t demand stronger safeguards while requiring features that bypass them entirely.
A response in the Financial Times argues that Britain’s infrastructure problem isn’t bureaucracy but belief. The Sizewell C nuclear project is presented as proof that confidence is returning, creating jobs and future energy security.
Australia is expanding its world-first social media ban to include Reddit and Kick, requiring platforms to block users under 16 by December 10, 2025. The law carries fines up to A$50 million for non-compliance, but critics warn age verification methods could compromise all users’ privacy.
