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

Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower AI-related stocks are sliding late in the New York cash session after Bloomberg News reported that Oracle and OpenAI have scrapped plans to expand the Stargate AI data center in Abilene, Texas, from about 1.2 GW to 2.0 GW. Sources said the expansion was canceled after talks stalled over financing issues and OpenAI's changing demand forecasts. However, the collapse of the Oracle-OpenAI plans has opened the door for Meta, which is now in talks to lease the...

Heavy fighting continued to rage in southern Lebanon overnight, and the Israeli command reported they’d sustained a number of casualties, with one soldier was killed and three wounded during a battle when their Humvee flipped over. The slain soldier was identified as Master Sgt. Ayal Bianco of the Barak Armored Brigade. The wounded soldiers were […]

Russia Warns Situation At Bushehr Nuclear Plant Deteriorating After 3rd Airstrike In Ten Days On Friday Iran informed the International Atomic Energy Agency that Bushehr nuclear power plant was struck by US-Israeli attacks for the third time since the start of the war. At the same time, the head of Russia's state nuclear corporation Rosatom has confirmed that the situation continues to deteriorate; however, there's as yet been no damage to the operating reactor and no release of radiation reported. It was the third strike in just ten days. The Kremlin has newly accused...