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RARE PHOTOS: 20 - The Real Truth

Treasury Secretary parrots Elon Musk’s claim that Americans won’t need to save for retirement because of AI’s abundance

Scott Bessent echoed Elon Musk’s claims that Americans won’t need to save for retirement thanks to the “abundance of AI”.

The Independent UK · Jul 28

China accuses US of 'AI hegemonism', threatens countermeasures over potential probes

The ministry said Washington was threatening Chinese companies with punishment based on allegations they used "distillation" to copy advanced US AI models, despite what it called a lack of factual or legal grounds.

The Economic Times · Jul 27

Elon Musk and Mark Zuckerberg Side With Nvidia in Escalating Battle Over Who Controls AI's Future

Elon Musk and Mark Zuckerberg support Nvidia in a Silicon Valley debate over AI's future, advocating for open-source models against rivals urging regulatory containment due to security concerns.

International Business Times UK · Jul 26

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Why US' Russia act need not worry India

The proposed US Sanctioning Russia Act, which could impose tariffs on major buyers of Russian oil and gas, may have limited chances of becoming law. The bill could impact India and China, but political hurdles, waiver provisions and opposition within the Trump administration may slow its progress. India is advised…

The Economic Times · Jul 24

Treasury Department Has a Troubling Update for Every American Taxpayer

The Treasury Department has a problem that reaches far beyond Washington, D.C., and it does not arrive with a dramatic new tax form. The federal government now spends an enormous amount of money simply paying interest on money it already borrowed, and that bill keeps getting harder to ignore.

The Free Financial Advisor · Jul 24

Top US tech players back open-weights AI, Nvidia founder Jensen Huang shares letter in debut X post

Leading American technology firms have jointly endorsed open-weight artificial intelligence models. They believe this approach is crucial for maintaining United States leadership in AI development. Open models allow broader access, fostering innovation and economic participation across various sectors. Concerns about intellectual property theft are acknowledged and require targeted legal solutions.…

The Economic Times · Jul 24

U.S., Mexico Announce Largest-Ever Financial Crackdown on Jalisco Cartel, Sanctioning 55 People and Businesses

Treasury Secretary Scott Bessent said sanctions are intended to deny CJNG "the resources it uses to traffic fentanyl, terrorize communities, and threaten American lives"

Latin Times · Jul 24

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The Trump Coin Case Ends, but Legal Questions Remain

As the coin moves closer to production and distribution, it will be up to the American people to decide whether the controversial coin is deemed a success.

Reason · Jul 23

Nvidia's CEO Is Telling America To Stop Fearing AI And Not Focus On Hypothetical Scenarios

Nvidia CEO Jensen Huang is urging Washington not to let fears about artificial intelligence dictate public policy, dismissing concerns that the technology will eliminate large numbers of jobs or pose an existential threat to humanity.

International Business Times · Jul 23

Trump scoffs at ‘affordability’ as he touts economic policies at Georgia rally

President visits swing state to promote ‘Trump accounts’ and says high prices lingering from Joe Biden’s presidency

The Guardian - US · Jul 22

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

The Treasury Secretary says he hasn’t been to Fort Knox, but said all $600 billion in gold there is “present and accounted for.”

Fortune · Jul 22

White House accuses China's Moonshot of stealing Anthropic AI

A top White House official on Wednesday accused Chinese AI startup Moonshot AI of covertly copying Anthropic's most advanced model to build its Kimi K3. Michael Kratsios, director of the White House Office of Science and Technology Policy, said in a post on X that the United States had "information…

The Economic Times · Jul 22

Chinese AI Company Moonshot Has Achieved Major Milestones. The White House Accused Of Taking From Anthropic

A White House official accused Moonshot AI of distilling Anthropic's Fable model to help develop K3, which made key technological breakthroughs.

International Business Times · Jul 22

Pakistan seeks $10 billion fund from US after mediating Iran talks

Pakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserves and ease pressure on the Pakistani rupee. The request follows Pakistan's diplomatic efforts in brokering talks over the Iran war. Such a facility would reduce reliance on multilateral financing…

The Economic Times · Jul 22

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Benzinga · Jul 22

After Argentina, Pakistan Reportedly Seeks $10 Billion US Backstop Facility to Bolster Fragile Economy

In a bid to strengthen its economy, Pakistan has reportedly sought a $10 billion exchange stabilization facility from the United States.

Salon · Jul 22

Could Trump end up on your money?

Putting living politicians on currency is uncommon but not unheard of

Benzinga · Jul 22

Scott Bessent Warns of Possible Sanctions on Chinese AI Over Alleged IP Theft: 'This Administration Supports Open-Source Models, But...'

Treasury Secretary Scott Bessent has indicated that the Trump administration is set to probe alleged intellectual property theft by Chinese artificial intelligence models.

The Economic Times · Jul 22

Pakistan seeks $10 billion US stabilization facility to shore up reserves

Pakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign exchange reserves and ease pressure on the Pakistani rupee. The request follows Pakistan's diplomatic efforts in brokering talks over the Iran war. This facility would reduce reliance on multilateral financing…

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Saving Advice · Jul 21

Ted Cruz Calls Trump Accounts a Path to Social Security Privatization—Economist Disagrees

Social Security privatization has been one of the most politically sensitive topics in Washington. Now, a new debate has emerged after Senator Ted Cruz described...

Latin Times · Jul 21

State Department Report Details Decades of Alleged Cuban Support for Spy Rings and Far-Left Extremist Groups

The document concludes that Cuba's influence has outlasted the Cold War through networks of activists, political organizations and international partnerships

International Business Times · Jul 21

U.S. And China's Competition Over Frontier Models Intensifies. They Will Now Hold AI Talks

The talks are expected to focus on AI safety, frontier models, and government oversight amid growing concerns over military applications and cyber risks.

International Business Times · Jul 21

American AI Companies Have Accused Chinese Counterparts Of Stealing. The Trump Admin Could Take Measures

Treasury Secretary Scott Bessent said the U.S. could sanction China over the "theft" of American AI models.

The Conversation · Jul 20

Featuring Trump on US coins and bills would put America in rare company

A slang term for cash money is “dead presidents.” But now the very much alive President Donald Trump could appear on U.S. coins and banknotes, too.

International Business Times UK · Jul 17

Bernie Sanders Explodes at Scott Bessent Over $700 Billion Medicaid Cuts During Explosive Senate Clash

Bernie Sanders confronts Scott Bessent over proposed Medicaid cuts and estate tax breaks, questioning the fairness of prioritising tax relief for the wealthy over healthcare funding.

The Guardian - US · Jul 16

‘Enemies of civilization’: top Trump officials launch sweeping attack on left

Marco Rubio and Stephen Miller took aim at only leftwing activism at meeting of 66 nations against political violence

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