Tech, AI, and finance news coverage and analysis
Lana Drews publicly accuses former Congressman Eric Swalwell of drugging and sexually assaulting her in 2018, announcing the immediate filing of a criminal police report while her attorneys emphasize that justice, not partisan politics, drives their pursuit of accountability.
The IMF downgraded global growth forecasts for 2026, citing the Middle East war's severe impact on energy markets. The UK and Egypt face sharp cuts due to gas reliance and oil import costs, while Brazil benefits as a net energy exporter and major renewable energy producer.
The IMF's Global Financial Stability Report finds that while markets have remained orderly during the Middle East conflict, elevated debt levels, leveraged non-bank investors, and depleted policy space create significant vulnerabilities that require proactive monitoring and operational readiness from central banks.
The IMF presents three scenarios for global growth ranging from 3.1% to 2% depending on the duration of Middle East conflict, warning that central banks face a more painful disinflation trade-off than in 2022 due to a flatter supply curve, while urging targeted fiscal measures over broad subsidies.
Treasury Secretary Scott Bessent and Copenhagen Consensus President Bjørn Lomborg argued that the IMF and World Bank must abandon climate-focused financing targets and return to their core missions of financial stability and poverty reduction through pragmatic 'all-of-the-above' energy strategies and rigorous cost-benefit analysis.
Actor Ben McKenzie discusses his documentary 'Everyone Is Lying to You for Money,' explaining why cryptocurrency fails as a functional currency due to its technological limitations, the impossibility of 'trustless' money, and its actual operation as a corporate-controlled speculative asset rather than a decentralized alternative to traditional finance.
Iran's selective closure of the Strait of Hormuz using drone strikes—rather than mines—marks the evolution of economic warfare from financial sanctions to physical choke points, demonstrating how targeted disruptions can weaponize geography while potentially accelerating global shifts toward alternative energy supply chains dominated by China.
U.S. and U.K. regulators are warning financial institutions that Anthropic's new 'Mythos' AI model could usher in a new era of cyberrisk, even as major banks test it for defensive purposes. The broadcast also covers Intel's remarkable nine-day 53% stock rally on foundry deals and growing concerns that AI capabilities are proliferating faster than security defenses can adapt.
Oil markets face a structural shift to a $100 floor due to Iran supply risks and depleted inventories, while Goldman Sachs delivered mixed quarterly results with strong expense controls but emerging pressures from funding costs and a strategic exit from its Apple partnership.
NASA astronaut Chris Williams successfully captured the Cygnus XL cargo spacecraft using the Canadarm2 robotic arm, delivering over 11,000 pounds of scientific equipment and supplies to the International Space Station during the NG-24 resupply mission.
Peter Magyar declares victory for his TISA party over Viktor Orbán's Fidesz, citing an unprecedented nearly 80% voter turnout as a mandate for immediate 'regime change' to dismantle corruption, restore democratic checks and balances, and secure €20 billion in frozen EU funds to prevent economic collapse.
The official inquiry into the Southport murders concluded the attack was entirely preventable, finding catastrophic failures across police, social services, healthcare, and counter-terrorism programs that repeatedly ignored years of explicit warning signs including weapon hoarding, poison manufacturing, and stated intent to kill.