As the controversy over AI safety grows, another debate is emerging. Bill Gates, the founder of Microsoft, has said that artificial intelligence should pay taxes to compensate for the jobs that will be destroyed by the deployment of this technology.
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The first hearing of the Supreme Court’s new term on Monday addressed one of the most consequential cases for the U.S. energy sector: The City of Boulder v. Suncor Energy, a lawsuit regarded as one of the major battles over liability for climate change. Framed by many as a David-and-Goliath dispute, the City of Boulder, Colorado, sued two oil companies seeking accountability for climate change. Justices heard the parties’ arguments for roughly two hours and questioned lawyers on technical and jurisdictional matters. These are the key points in one of the most important court battles expected in the coming months.
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The U.S. Treasury bond market is scorching hot and this should worry you because of the consequences for your bottom line. Your mortgage rate, car loan, credit card interest or business loan rates could rise driven by the state of government debt securities.
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“I made a fortune with Trump’s memecoin, but I lost it all the following month,” a user on X admits. “It’s a perfect Ponzi scheme,” says another. “It’s a scam, a fraud.” On other social platforms there are thousands of comments like these, ranging from investors asking “What did you expect?” to others who watched their savings vanish after chasing the promise of quick gains.
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Donald Trump’s Swiss Army knife is national security. He uses it for everything. If judges block his plan to remodel the East Wing of the White House to build a ballroom that dwarfs the presidential residence, he cites national security to keep the work going. When obstacles arise to building a gigantic triumphal arch in Washington to honor himself, he says national security reasons justify it. If a judge questions him about deploying the National Guard in American cities, it’s for national security. Sued for banning certain media outlets, the answer is the same. And if he can’t find other grounds to impose tariffs, he invokes national security.
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