The US May Have Shot Down a Small Hobby Balloon With a Sidewinder Missile

Iran’s deputy foreign minister said in an interview published on Sunday that Tehran is ready to make compromises to reach a nuclear deal with Washington, but that any agreement hinged on whether the US is serious. Iranian Deputy Foreign Minister Majid Takht-Ravanchi told the BBC that the ball was “in America’s court to prove that […]

Dorsey's Block Fires Nearly Half Of The Company In 'Massive' AI Bet, Sending Shares Soaring One week after WIRED reported that things were pretty dismal over at Jack Dorsey's payment processing company Block (formerly Square), the company announced that they are cutting 4,000 employees - nearly half of their headcount - in order to invest 'heavily' in artificial intelligence tools to run more efficiently, including its own called Goose, Bloomberg reports.  The news sent shares up over 30% in after hours trade. "We are taking bold and decisive action here, but we’re doing it from a position of...

Is the US riding an “everything bubble” to the next crisis? Mark Thornton joins Paul Buitink to diagnose the dollar, the debt, and the Fed’s distortion machine.