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

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...

AST SpaceMobile Craters After Blue Origin Rocket Fails To Place Satellite In Correct Orbit Shares of AST SpaceMobile plunged the most since February after Blue Origin's New Glenn rocket failed to place the company's BlueBird 7 satellite into its intended orbit during Sunday morning's launch. Shortly after the successful launch of New Glenn from the launchpad at Cape Canaveral, Florida, early Sunday, Blue Origin said the rocket's payload, the BlueBird 7 satellite, was placed into an "off-nominal orbit." pic.twitter.com/BMAUIwF5jk — Dave Limp (@davill) April 19, 2026 AST SpaceMobile published a statement saying the...

Trump Tells Aides US Preparing For Extended Blockade, But Could Be Open To Interim Deal With Iran Summary Trump prepares for 'extended blockade' - WSJ reports he has informed aides of risky planning. Trump TS claim: Tehran has informed Washington they are in a "state of collapse" and that the Iranians want the US to "open the Hormuz Strait" - as 'tank tops' loom. Trump doesn't appear open to Iran's proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). Tehran working on revised plan to be...