Colombia said it would resume aerial spraying of coca crops for the first time since 2015, as Medellín heeds US calls to combat record cocaine production. The trial initiative sprang from recent talks between Colombia’s new rightist president and US Secretary of State Marco Rubio, The New York Times reported; ...
Month: September 2026
US diesel hits record highs as oil supply fears mountUS diesel hits record highs as oil supply fears mount
US diesel prices hit record highs Tuesday, as executives warned that the monthslong crunch in oil markets was entering its most acute phase. Commercial and strategic oil stockpiles are running low, and the buffers helping “mitigate the price and supply risk… have largely now played out,” Chevron’s CEO said. Saudi ...
Musk calls for cooperation between US, China AI labsMusk calls for cooperation between US, China AI labs
A sweeping AI deal during US President Donald Trump and Chinese leader Xi Jinping’s meeting next week is unlikely, despite some tech leaders calling for cooperation. Elon Musk proposed that the countries’ top firms could evaluate one another’s models before release, while OpenAI’s CEO said Xi and Trump could win ...
US 10-year yield hits highest level since 2007US 10-year yield hits highest level since 2007
US Treasury Secretary Scott Bessent defended his bond buyback program in contentious congressional hearings Tuesday, as the 10-year Treasury yield climbed to its highest level since the 2007 global financial crisis. Bessent suggested the spike could have been worse without Treasury’s intervention; he also defended a separate operation to prop ...
Iran war cost US $38bn and significantly depleted missile stockpile, report findsIran war cost US $38bn and significantly depleted missile stockpile, report finds
Damaging budget report estimates cost would grow $3bn per month and stockpile could take five years to rebuild The war in Iran has cost the US at least $38bn and left its stockpile of defensive missiles so depleted it could take five years to rebuild, the non-partisan Congressional Budget Office ...
AI Agent Platform Reinvents Spam, Floods Inboxes WorldwideAI Agent Platform Reinvents Spam, Floods Inboxes Worldwide
Many years ago, in the early days after email was widely adopted, the technology faced an existential crisis: Spam. Instantly sending people electronic mail was revolutionary and convenient, but inboxes were quickly flooded with unwanted messages, advertisements, scams and other noise that drowned out email’s utility. The fact that Google ...
All support acts on Ed Sheeran’s US tour quit after Macklemore droppedAll support acts on Ed Sheeran’s US tour quit after Macklemore dropped
The star said he was not responsible for Macklemore being dropped from the line-up after he made pro-Palestinian statements on stage. ...
New AI tool lets influencers ‘scale themselves like software’New AI tool lets influencers ‘scale themselves like software’
The News The tech-focused creator Emily Higgins is speaking directly into the camera about the importance of a good hook for a social media video — she does what looks like three takes, each with a slightly different script. But Higgins only filmed one video. The other two were AI-edited, ...
Slowing AI development could boost hyperscaler balance sheetsSlowing AI development could boost hyperscaler balance sheets
Any slowdown in AI spending would let hyperscalers catch their financial breath and ease their reliance on borrowing to fund their buildouts. A Semafor review of analyst estimates finds that at current projections, as tracked by S&P Capital IQ, Amazon, Alphabet, Meta, and Microsoft are expected to spend $66 billion ...
AI is doing what Wall Street couldn’tAI is doing what Wall Street couldn’t
Liz’s view Chuck Prince, CEO of Citigroup from 2003 to 2007, is remembered for one quote that captured the greed and spinelessness of Wall Street bosses chasing riches while steering the global economy toward a cliff: “As long as the music is playing, you’ve got to get up and dance. ...