Tennessee voters ousted Rep. Andy Ogles in Thursday’s primary, despite his endorsement by President Donald Trump. Ogles, elected in 2022, had struggled to raise money after a campaign finance fraud investigation and inflammatory social media posts about Islam and LGBT people. Ogles is the second House Republican to lose renomination ...
Category: Semafor
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African football backs FIFA’s InfantinoAfrican football backs FIFA’s Infantino
The News FIFA President Gianni Infantino is leaning on Africa’s 54-member voting bloc to survive the fallout from his failed $20 billion World Cup commercial rights plan, with staunch ally Morocco leading the charge. The Confederation of African Football (CAF), led by South African billionaire Patrick Motsepe, said on Thursday ...
Senate negotiations intensify on recess dealSenate negotiations intensify on recess deal
After Republican senators lunched with Vice President JD Vance, the contours of a deal to finish the Senate’s summer business started becoming clearer. “There’s some movement in the right direction,” Sen. Katie Britt, R-Ala., told Semafor. Republican leaders are close to finishing the government spending bill, which may involve giving ...
iPhones boost India’s electronics ambitioniPhones boost India’s electronics ambition
The success of Apple’s production facilities in Chennai, including the company’s first major iPhone factory in India, is boosting Prime Minister Narendra Modi’s ambition of transforming the country into an electronics powerhouse. Washington’s intensifying efforts to wall off its tech industry from Chinese software and components are also helping make ...
ByteDance forbids distillation of rival AI modelsByteDance forbids distillation of rival AI models
Chinese tech giant ByteDance’s founder reportedly forbade AI researchers from distilling rival models, as scrutiny of the practice causes friction between Washington and Beijing. The policy reportedly dates to 2023, predating the period when “avoiding US retaliation” became a potential commercial priority, the Pekingnology newsletter wrote. Notably, ByteDance is not ...
Mexico’s Sheinbaum rules out fracking expansionMexico’s Sheinbaum rules out fracking expansion
Mexican President Claudia Sheinbaum ruled out fracking in a key basin, citing danger to nearby water tables and indigenous communities — a move that highlights her political balancing act as the country strives to wean off US energy. Sheinbaum, a former engineer, has backtracked on her opposition to fracking, touting ...
Fed’s Warsh balances political, market pressureFed’s Warsh balances political, market pressure
US Federal Reserve chair Kevin Warsh has kept lines of communication with President Donald Trump open since taking the role, underscoring the central banker’s balancing act between markets and the White House. Trump reportedly hasn’t pressured Warsh to lower interest rates, but sought his advice on the Iran war and ...
Kalshi banks on its predictions’ accuracyKalshi banks on its predictions’ accuracy
The Scoop Heading into last week’s Federal Reserve meeting, Wall Street’s favored betting parlor — the Fed funds futures market — put two-thirds odds that the central bank would hold rates steady. Over at Kalshi, the prediction market, the chances were as much as 10 points higher. They were both ...
Reading John Hersey’s ‘Hiroshima,’ 81 years onReading John Hersey’s ‘Hiroshima,’ 81 years on
by John Hersey. Eighty-one years ago Thursday, an atomic bomb exploded over Japan. One year later, The New Yorker handed its entire Aug 31, 1946 issue to one 31,000-word article telling the story of six people who survived. Hersey — reporting on a clerk, a tailor’s widow, two doctors, a ...
Deal to open Strait of Hormuz nears ‘final stages’Deal to open Strait of Hormuz nears ‘final stages’
US President Donald Trump said he wanted to make a deal to end the Iran war “because I don’t want to kill people.” Iran and Oman are in the “final stages” of an agreement on a commercial route through the Strait of Hormuz, Tehran said. But dysfunction at the top ...