Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Ford Carrier Group Enters Mediterranean To Join Biggest US Build-Up Since 2003 Iraq War Open source monitors as well as US and Middle East media have confirmed that the USS Gerald R. Ford, the world’s largest aircraft carrier, has entered the Mediterranean Sea, having sailed passed the Strait of Gibraltar on Friday. This is the second carrier strike group expected to soon operate directly in the CENTCOM area of responsibility, amid the massive military build-up and pressure campaign against Iran. It was sent from the Caribbean earlier this month, extending its planned...

Before the US and Israel launched a war against Iran on Saturday morning and killed Ayatollah Ali Khamenei, the CIA assessed that if the Iranian leader were killed, his rule would likely be replaced by “hardline” figures from Iran’s Islamic Revolutionary Guard Corps, Reuters has reported. The report said that the assessment was produced over […]

Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment Update (Friday):  Bloomberg reported earlier this week that OpenAI is nearing completion of a new funding round that could raise more than $100 billion. Separately, the Financial Times reported on Thursday that Nvidia is close to finalizing an investment of about $30 billion in OpenAI, a significantly smaller amount than the $100 billion commitment agreed upon last year. FT cited people familiar with the funding round who said the "final stages" have begun and that Nvidia's $30 billion equity...