Why Mises’s Theory of Economic Calculation Still Is Relevant Today

Caterpillar's Parabolic Rise Continues As AI Boom Supercharges Generator Sales Hyperscalers are deploying as much as $725 billion in capital expenditures this year, primarily on AI data center buildouts, and it comes as no surprise that Caterpillar posted solid first-quarter earnings, as surging on-site power demand has created a boom for the company's power-generation business. CAT is one of the world's biggest makers of machines used to build, mine, dig, haul, and power industrial sites. But what has investors focused on in recent quarters is its energy and power unit, which...

Trump Floats Making Venezuela The 51st State First Canada, then Greenland… and now Venezuela? President Donald Trump said Monday he is seriously considering annexing the South American nation as the 51st U.S. state, citing the country’s vast oil reserves and what he described as strong local support for his leadership. In a telephone interview with Fox News anchor John Roberts, Trump mused that he is weighing the move for a nation that holds an estimated $40 trillion in oil resources. NEW: President Trump tells @FoxNews colleague @johnrobertsFox in a phone call just now...

CEO Of Largest Public Hospital System Says He's Ready To Replace Radiologists With AI By Marty Stempniak of Radiology Business, The chief executive of America’s largest public hospital system says he is prepared to start replacing radiologists with artificial intelligence in some circumstances, once the regulatory landscape catches up.  Mitchell H. Katz, MD, president and CEO of NYC Health + Hospitals, recently spoke during a panel discussion held by Crain’s New York Business. The trained internal medicine specialist noted how AI is increasingly being used to interpret mammograms and X-rays.  This presents an...