The Scoop The Senate’s bipartisan college sports bill is getting more air support as it faces resistance from the Congressional Black Caucus. Saving College Sports, a group founded by wealthy businessman and Texas Tech University Board of Regents Chair Cody Campbell, is launching a seven-figure ad buy supporting the legislation, ...
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PIF pulls the plug on LIV GolfPIF pulls the plug on LIV Golf
LIV Golf is laying off the majority of its workforce while it tries to secure funding to keep the breakaway competition alive, after Saudi Arabia’s Public Investment Fund said it wouldn’t provide any more cash. Affected employees will leave in the first week of September as work continues to raise ...
The Gulf faces uneven rebound from war downturnThe Gulf faces uneven rebound from war downturn
As diplomats, schoolchildren, and business executives trickle back into the region, inbound flight data for August paints a picture of uneven recovery. Abu Dhabi is whole again: Arrivals into Zayed International were within 18 flights of last August, according to data provided to Semafor by Cirium. Dubai, which relies much ...
Global central bankers gather in Jackson HoleGlobal central bankers gather in Jackson Hole
Seemingly divergent policies from the US Federal Reserve and Treasury will be a key focus at a gathering of global central bankers, with bond yields nearing record highs and little respite on the horizon from dizzying global government debt levels. Investors will be watching the annual talks in Jackson Hole, ...
Rising US debt levels threaten to curtail domestic and foreign powerRising US debt levels threaten to curtail domestic and foreign power
US debt levels are reaching levels that will soon curtail Washington’s domestic room for maneuver and its geopolitical heft, analysts warned. Though extreme scenarios like a default are seen as highly unlikely, authorities will eventually have to cut spending or raise taxes, which likely “means higher costs of living for ...
CIA warned Russia against attacking NATO countriesCIA warned Russia against attacking NATO countries
The US CIA chief reportedly warned Russia against attacking NATO as Moscow’s war in Ukraine intensified and European nations raised alarm over the Kremlin’s heightened threats. John Ratcliffe’s surprise talks with Russian officials were the first of their kind since his predecessor visited in late 2021, also to deliver a ...
Global alliances shift under US strainGlobal alliances shift under US strain
Moves by longtime US allies and foes alike underscored a changing global alliance structure in the face of the Trump administration’s protectionism and military interventionism. Ottawa and Brussels — both targets of Washington’s trade pressure — said Canada’s prime minister would address the European Parliament as the two look to ...
Security top concern in US-Mexico talksSecurity top concern in US-Mexico talks
US Secretary of State Marco Rubio discussed security and drug trafficking with his Mexican counterpart, as Washington looks to play a more assertive role across Latin America. The US has in recent months unveiled a series of prosecutions and sanctions against senior Mexican officials that have added to trade tensions ...
El-Sayed says ‘no plans’ to campaign with PikerEl-Sayed says ‘no plans’ to campaign with Piker
The News FARMINGTON HILLS, MICH. — Michigan Democratic Senate nominee Abdul El-Sayed put more distance between himself and Hasan Piker on Wednesday night, telling Semafor in an interview that he has “no plans” to campaign with the controversial streamer. El-Sayed has taken heat from some in his party over his ...
AI writing has already begun to appear on the opinion pagesAI writing has already begun to appear on the opinion pages
The Scoop Humans are still writing the vast majority of guest columns published in the opinion pages of The Wall Street Journal, The Washington Post, and The New York Times, a Semafor analysis found — but large language models were creeping in well before a high-profile Journal op-ed provoked controversy this ...