Category: Semafor

The News Progressive Democrats are trying a tricky feat as their party takes power: endorsing Medicare for All while quietly pushing for smaller steps toward it. Their dilemma began with the party’s remarkable midterm success. Democrats are united in attributing their electoral triumph in part to voter backlash against GOP ...

Reed’s view Nvidia has been battered over the past couple of days, but it could get worse. That is, if founder and CEO Jensen Huang is forced or chooses to step down, or if investigations pin him down for doing something illegal. In most sectors of the economy, CEOs are ...

The Trump administration’s nominee to be ambassador to Saudi Arabia argued that Washington’s civilian nuclear deal with Riyadh was critical to ensuring the kingdom did not turn to China, and added that normalization of its ties with Israel was “part of the negotiation process.” Speaking yesterday during a Senate Foreign ...

US midterm election results that largely cemented growing public opposition to the AI infrastructure buildout will likely have limited impact on data center construction in 2027, but may trigger a slowdown in subsequent years, economists forecast. JP Morgan projected AI-related capex in the US will reach at least $1.5 trillion ...

Major international organizations, including the UN children’s agency and US President Donald Trump’s Board of Peace, criticized Israel for not providing sufficient access for humanitarian agencies combatting worsening storm conditions in Gaza. Around two-thirds of Gaza’s population, displaced by Israel’s war in the enclave, lives in tents, tens of thousands ...

Scrutiny intensified over the extent of the Trump administration’s knowledge of Nvidia CEO Jensen Huang’s relationship with an alleged Chinese spy, a scandal that comes just a week before a superpower summit. US President Donald Trump was told in May, while en route to China, that Washington had intelligence of ...

Workers in Spain held a general strike over the country’s housing affordability crisis, an issue that has swept to the top of voter concerns across Europe. Spain’s socialist leader hopes the demonstrations will galvanize support for his party ahead of elections this month. The housing crunch has worsened during his ...

Democratic senators are urging Secretary of State Marco Rubio to intervene diplomatically to address the crisis in Ethiopia, warning that renewed fighting in Tigray and escalating tensions with Eritrea could spiral into a multi-front war destabilizing the region. In a letter shared first with Semafor, lawmakers led by Sen. Jeanne ...

Hotter-than-expected US inflation data sparked a Treasury selloff Tuesday, heightening expectations of a rate increase at the Federal Reserve’s December meeting. Food prices saw a broad spike while a diesel crunch pushed up freight costs, widening out the number of affected goods categories. The price pressures are unlikely to be ...

Anthropic could generate $685 billion in revenue by 2030, placing it among the largest companies in the world, as the AI lab gears up for a $1.4 trillion IPO as soon as next week. The Goldman Sachs projection points to total sales of more than 130 times Anthropic’s 2025 figure, ...