China’s exports rebounded in April as overseas buyers rushed to stockpile goods in the second month of the Iran war. The data also showed Beijing’s trade surplus widened, just ahead of US President Donald Trump’s visit to China later this week. Trump has taken issue with the surplus. The leaders ...
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Starmer fights on after poor election showingStarmer fights on after poor election showing
UK Prime Minister Keir Starmer on Sunday pledged to hang on after his party suffered the worst local election losses for a governing faction in decades. The results of last week’s races, largely seen as a referendum on Starmer, triggered calls for his resignation; he is planning a “reset” speech ...
US hiring beats expectations despite Iran warUS hiring beats expectations despite Iran war
The US economy added 115,000 jobs in April, blowing past expectations despite the economic fallout from the US-Israel war with Iran. Data published Friday by the Bureau of Labor Statistics also showed the unemployment rate holding steady at 4.3%. The figures come even as the war has upended oil and ...
Democratic redistricting confidence sinks as Virginia maps thrown outDemocratic redistricting confidence sinks as Virginia maps thrown out
The News Democrats’ jubilation over the prospect of claiming four new Virginia House seats evaporated on Friday, cementing a new GOP advantage in the mid-decade congressional redistricting war. In a 4-3 decision, the Virginia Supreme Court tossed the state’s Democratic-led remapping that voters approved late last month after House Minority ...
These tomatoes thrive on crypto and ClaudeThese tomatoes thrive on crypto and Claude
Who needs venture capital? Martin DeVido, a developer who attended Anthropic’s recent developer day, says he funds his AI-fueled tomato-growing project with proceeds from a meme coin. The Idahoan spent several months building an autonomous system controlled by Claude that grows tomatoes in Boise. He plants the seedlings, but then ...
Developers worry about job loss at Anthropic’s conferenceDevelopers worry about job loss at Anthropic’s conference
Hundreds of software engineers traveled to San Francisco this week for Anthropic’s annual developer conference to hear what the frontier AI lab is up to. Many of the most cutting-edge coders were also there to figure out how close their jobs were to disappearing. At the conference, Anthropic announced adding ...
Anthropic-SpaceX compute deal shows how tokens are taking over the economyAnthropic-SpaceX compute deal shows how tokens are taking over the economy
Reed’s view Elon Musk’s decision to sell compute power to Anthropic is an illustration of how the AI token is taking over the economy. When Elon Musk founded xAI (now owned by SpaceX) he rightly saw how AI compute power would become a scarce and valuable resource, and built his ...
Irregular trades ahead of White House announcements spark major graft concernsIrregular trades ahead of White House announcements spark major graft concerns
Traders placed bets totalling more than $7 billion right before major US announcements relating to the Iran war, prompting accusations of rampant corruption in Washington. The “highly unusual” trades have added to calls for regulators to step up their scrutiny of senior US government officials, including President Donald Trump. Since ...
Brazil looks to lengthen weekend and improve worker conditionsBrazil looks to lengthen weekend and improve worker conditions
Brazil moved to cut its working-week to five days from the current six, becoming the latest Latin American country to push for improved worker conditions. The region has some of the world’s longest working hours, with laborers there often clocking more than 2,000 hours a year compared to around 1,700 ...
Mali attacks raise alarm bells in WashingtonMali attacks raise alarm bells in Washington
The News A sweeping jihadist offensive across Mali is raising concerns in Washington about the security of the US embassy in Bamako and the safety of Americans in the West African nation. Last month, Al Qaeda-affiliated group Jama’at Nusrat al-Islam wal-Muslimin (JNIM) and the separatist Azawad Liberation Front (FLA) launched ...