The News NEW YORK — Mayor Zohran Mamdani is ineligible to run for president, but he’s still picking a fight over the future of the Democratic Party. It starts with three deep-blue House Democratic primaries on Tuesday that Mamdani has thrown himself into. He’s backing state Assemblywoman Claire Valdez, former ...
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Global tech rout hits AsiaGlobal tech rout hits Asia
The tech stock rout stretched into a second day and spread globally following a dramatic dip on Wall Street on Monday. South Korean stocks took the biggest hit, with Samsung Electronics and SK Hynix each plunging by more than an eye-popping 12%. Analysts are once again pointing a finger at ...
New top US solar lobbyist sees a ‘golden age’ under TrumpNew top US solar lobbyist sees a ‘golden age’ under Trump
The Scoop Despite its efforts to the contrary, the Trump administration is overseeing “a golden age of solar,” according to Tim Pawlenty, the Republican former governor of Minnesota and presidential primary contender who is now the top US solar industry lobbyist. In his first interview since taking over as president ...
How a data center backlash is twisting Utah’s primaryHow a data center backlash is twisting Utah’s primary
The News A conservative challenger to a member of House Republican leadership is homing in on a massive data center in their home state, and their battle could be a proving ground for right-wing skepticism of AI growth. Utah Rep. Blake Moore is heavily favored in Tuesday’s primary over state ...
Why Rand Paul subpoenaed FauciWhy Rand Paul subpoenaed Fauci
Senate Homeland Security Chairman Rand Paul, R-Ky., subpoenaed Dr. Anthony Fauci on Monday afternoon to appear before his committee, telling Semafor in an interview that he reached his breaking point after Fauci agreed to appear before the panel this month and then backed out. Paul subsequently subpoenaed Fauci — Paul’s ...
Europe is debating the terms of its industrial surrenderEurope is debating the terms of its industrial surrender
Andy’s view It can be easy to forget that, until recently, modern China had precious little technology of its own. Living in Beijing in the early 1990s, excited crowds would gather around my made-in-Taiwan mountain bike, gasping at the apparently fancy features unavailable on Chinese-built Flying Pigeons (like, for example, ...
Iran says it will ‘administer’ Strait of HormuzIran says it will ‘administer’ Strait of Hormuz
Iran will “administer” the Strait of Hormuz, Tehran’s chief negotiator said, in what would be a major diplomatic victory. Iran’s wins seem to be stacking up: It plans to make vessels traversing the waterway buy insurance, Lloyd’s List reported, something the outlet said amounted to a de facto toll. The ...
Alan Greenspan, long-serving US Fed chair, dies at 100Alan Greenspan, long-serving US Fed chair, dies at 100
Alan Greenspan, the former chairman of the Federal Reserve who served during the pinnacle of US economic power, died on Monday at 100. The self-taught economist became chair in 1987, overseeing the longest economic boom on record and fiercely defending the central bank’s independence with laissez-faire theory and a “temperament ...
Republican senators start to question Trump’s audit immunity dealRepublican senators start to question Trump’s audit immunity deal
The News Senate Republicans helped thwart half of President Donald Trump’s settlement with the IRS — his $1.8 billion “anti-weaponization” fund. Now they’re starting to raise concerns about the other half of that deal: Trump’s audit immunity. Five GOP senators told Semafor that they have questions about last month’s agreement ...
OpenAI’s $100 billion ad betOpenAI’s $100 billion ad bet
The News OpenAI is rapidly expanding its global advertising business to attract more users to its platform amid its push to meet ambitious revenue targets. “The revenue that we make from the ads offering is going to subsidize and grow access to information,” OpenAI advertising chief David Dugan told reporters ...