Day: December 28, 2024
Elon Musk backs AfD party in German newspaper opinion piece
Elon Musk departs the Hyatt Regency Capitol Hill where President-elect Donald Trump spoke to House Republicans on November 13, 2024 in Washington, DC. Kent Nishimura | Getty Images U.S. billionaire Elon Musk backed Germany’s Alternative for Germany (AfD) in a guest opinion piece for Germany’s Welt am Sonntag newspaper published online on Saturday that prompted […]
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Trump says H-1B visa program is ‘great’ amid MAGA feud over tech workers
U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. Brian Snyder | Reuters President-elect Donald Trump weighed in on a simmering feud among MAGA allies over H-1B worker visas, telling the New York Post that he supports the program, according to the outlet. Trump told the New York Post that he has […]
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Putin apologizes to Azerbaijan over ‘tragic’ plane crash, but stops short of taking responsibility
A drone view shows emergency specialists working at the crash site of an Azerbaijan Airlines passenger plane near the city of Aktau, Kazakhstan December 25, 2024. Azamat Sarsenbayev | Reuters Russian President Vladimir Putin apologized to the president of Azerbaijan for the crash of the civilian airliner that killed 38 people, the Kremlin said Saturday, stopping short […]
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50 years later, Dungeons & Dragons still brings in millions of dollars—including nearly $110,000 in 2024 for one small Brooklyn business
Dungeons and Dragons has come a long way since making its debut 50 years ago. After decades spent as the pinnacle of nerd culture, the popular tabletop game has broken into the mainstream thanks in part to the success of Netflix’s mega-hit show “Stranger Things” and the best-selling videogame “Baldur’s Gate 3.” Indeed, D&D publisher […]
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Why tech giants such as Microsoft, Amazon, Google and Meta are betting big on nuclear power
Data centers powering artificial intelligence and cloud computing are pushing energy demand and production to new limits. Global electricity use could rise as much as 75% by 2050, according to the U.S. Department of Energy, with the tech industry’s AI ambitions driving much of the surge. Data centers powering AI and cloud computing could soon […]
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The boom in active ETFs is poised to continue in 2025. What it means for Wall Street
Wall Street asset managers are betting on actively managed exchange-traded funds to help grow their revenue and protect their margins, but the space is shaping up differently than the traditional stock-picking business. ETFs have traditionally been associated with low-cost passive management, and the vast majority of money in the space is held by those vanilla […]
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Janet Yellen says Treasury Department will need to take ‘extraordinary measures’ to avoid debt ceiling next month
Treasury Secretary Janet Yellen speaks with CNBC from the New York Federal Reserve on Sept. 26th, 2024. David A. Grogan | CNBC Treasury Secretary Janet Yellen warned congressional leaders Friday that the federal government will hit its debt limit as early as Jan. 14 unless Congress takes action or her department implements “extraordinary measures” to avoid default. […]
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Next ECB rate cut could be longer in coming, Holzmann says
Robert Holzmann, governor of Austria’s central bank. Bloomberg | Bloomberg | Getty Images The next interest rate cut by the European Central Bank could be longer in coming after a recent uptick in inflation, ECB Governing Council member Robert Holzmann was quoted as saying on Saturday. “I don’t see any interest rate hikes at the […]
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Elon Musk accused of censoring conservatives on X who disagree with him about immigration
Tech billionaire Elon Musk faced accusations of censorship Friday from fellow conservatives after several prominent right-wing accounts who had criticized Musk’s views on immigration said that they subsequently lost access to premium features on Musk’s social media app, X. At least 14 conservative accounts said late Thursday or Friday that X had revoked their blue verification badge, […]
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US to send $1.25 billion in weapons to Ukraine, pushing to get aid out before Biden leaves office
WASHINGTON (AP) — The United States is expected to announce that it will send $1.25 billion in military assistance to Ukraine, U.S. officials said Friday, as the Biden administration pushes to get as much aid to Kyiv as possible before leaving office on Jan. 20. The large package of aid includes a significant amount of munitions, including […]
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