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The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’

7 June 2026 No Comments

Talks to extend the ceasefire between the U.S. and Iran are dead in the water, but traffic through the Strait of Hormuz is anything but. The number of ships transiting…

Illinois joins Ohio in ordering pause on data center tax credits

7 June 2026 No Comments

Governor JB Pritzker issued an order pausing state tax incentives for data centers in Illinois after the state legislature stalled his plan to keep data-center energy costs from affecting local…

Here’s where U.S. debt may become unsustainable with interest payments triggering a default crisis that even steep tax hikes can’t fix

7 June 2026 No Comments

Soaring U.S. debt and projections that put it at astronomical levels in the coming years have set off increasing panic, though the precise level that sparks a crisis is unknown.…

Elon Musk bullet-proofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla

6 June 2026 No Comments

Remember the legal brawl CEO Elon Musk faced over his $56 billion moonshot pay package at Tesla? As SpaceX prepares to go public in a $75 billion initial public offering…

ICC Secretary General: The Hormuz clock that matters isn’t diplomatic — it’s agricultural

6 June 2026 No Comments

The closure of the Strait continues to be treated mainly as an energy shock. But the longer it lasts, the greater the risk that today’s disruption becomes tomorrow’s harvest failure…

SpaceX needs to grow 60x in a decade to justify a $1.75 trillion valuation. No company has ever come close

6 June 2026 No Comments

The pending SpaceX IPO is generating lots of buzz by introducing the most valuable enterprise of all time at an expected market cap of $1.75 trillion. Clearly, that gigantic number…

MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

6 June 2026 No Comments

The strangest political convergence of 2026 just got stranger. Donald Trump said Friday that the U.S. government may take direct equity stakes in AI giants like OpenAI, Anthropic, and xAI…

What AI is actually good for

5 June 2026 No Comments

The first thing you learn when you build AI agents yourself (not just use them, but actually build them), is what they still can’t do. The second thing you learn…

‘Human creativity is under fire’ says WPP 

5 June 2026 No Comments

For all the star-studded splendor of the Cannes Lions International Festival of Creativity, its origins were remarkably modest. To find them, you must leave the French Riviera entirely and return…

Taylor Swift, the economics of hype, and what the World Cup gets wrong

5 June 2026 No Comments

Taylor Swift accidentally ran a cleaner economic‑impact experiment than the World Cup—and she did it at the right scale. When her Eras Tour hit Philadelphia in May 2023, the Federal…

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