US

By 2030, generative AI is projected to significantly disrupt the U.S. workforce, necessitating around 12 million job switches and potentially automating 30% of the hours worked in the U.S. economy. What Happened: According to a study by the McKinsey Global Institute, researchers...

Ukraine's Western allies have provided "sophisticated" missiles, but Russia is countering their effectiveness by scrambling their GPS coordinates, rendering them useless. What Happened: According to a report by BBC, Bryan Clark, a senior fellow at Hudson Institute...

While former Treasury Secretary Lawrence Summers said that the likelihood of a soft landing for the U.S. economy has improved compared to previous assessments, he voiced concerns over the potential resurgence of inflationary pressures. What Happened: In an ...

Two California-based U.S. Navy sailors have been charged with providing sensitive military information to China, according to Associated Press reports. Jinchao Wei, a sailor assigned to the San Diego-based USS Essex and Wenheng Zhao, based at Naval Base Ventura County, are accused of passing...

Taiwan has initiated an investigation into several military officers suspected of leaking sensitive information to China, according to a statement from the Defense Ministry in Taipei, Bloomberg reports. The suspects, including a lieutenant colonel, are believed to have provided classified details...

The UFO whistleblower David Grusch’s recent testimony that has gripped the nation has sparked a wide array of reactions from scholars, The Chronicle reports. Show Me the Spaceship: These scholars, most from the science community, have been predominantly skeptical, pushing for more concrete...

The U.S. will provide Taiwan with $345 million in defense equipment, services, and training, utilizing the same fast-track authority used to speed up the supply of arms to Ukraine. What Happened: The Biden administration reaffirmed its commitment to Taiwan's self-...

According to the U.S. Treasury's fiscal data, the country's total public debt hit $32.659 trillion on July 27, an increase of $392.75 billion compared to last month.  The Federal Reserve Bank of St. Louis said that the surge has brought America's quarterly interest payments on its...

On Thursday night, Kim Jong Un and delegations from Russia and China attended a North Korean military parade showcasing the country's latest drone technologyin Pyongyang. What Happened: During the parade, North Korea showcased two new aircraft nearly identical to U.S....

U.S. Sen. Dick Durbin (D-IL) has tested positive for COVID-19 for the third time within a year, The Hill reports. What Happened: Durbin, who is fully vaccinated and boosted, announced his positive test results ahead of the Senate to consider the National Defense Authorization Act (NDAA). “I...

Top executives from major U.S. chip companies have advised Biden officials to carefully assess the consequences of export restrictions to China and suggested pausing before implementing any new measures. What Happened: During meetings in Washington last week, Intel Corporation's...

A surge in American expatriates and retirees moving to Spain has led to a significant increase in real estate purchases, with home sales to Americans jumping 88% from the first half of 2019 to the first half of 2022, CNBC reports. Why Spain: Spain’s appeal to Americans is largely due to its...

Former Goldman Sachs Group Inc (NYSE: GS) hedge fund executive Raoul Pal says the macro backdrop suggests that a crisis is coming and that the Federal Reserve will have little choice but to introduce bailout packages. What Happened: In an interview with...

Seasoned investor and co-founder of Soros Fund Management Jim Rogers has offered a gloomy outlook for the U.S., warning about the country's growing debt burden.  What Happened: In an interview with Sputnik International earlier this month, Rogers said that the...

Macroeconomic expert George Gammon says that a significant rise in bank borrowing from the Federal Home Loan Bank (FHLB) system and the recently established Bank Term Funding Program (BTFP) is compelling evidence of another potential wave of banking failures. In a YouTube video...