Germany's Debt Spiral: Bundesbank Chief Breaks Silence

Microsoft Plans Thousands Of Job Cuts As Stock Suffers Worst Start In Years Microsoft shares are on track for one of their worst starts to a year in two decades, down roughly 21% year to date as of Tuesday’s close, as a cloud and sales hiring freeze and a broader “reset” of the Xbox unit have made recent headlines. This comes on top of growing concern over Microsoft’s AI spending boom. Like much of the technology sector, Microsoft and other tech giants became labor-heavy after years of overhiring before and during...

OpenAI Pauses U.K. Stargate Over "Regulation And Power Costs" OpenAI's broader Stargate push to build next-generation AI infrastructure in the UK has been put on hold, with the company citing regulatory conditions and high energy costs as major obstacles to long-term investment. That outcome is hardly surprising: Britain, like much of dying Europe, has layered on regulatory burdens, while years of backfiring 'green' energy policies have left power costs structurally elevated. It's a toxic mix for power-hungry AI data center buildouts. "We see huge potential for the UK's AI future,"...

FBI Raids Soros-Connected Ohio Voter Mobilization Group In Fraud Investigation Via American Greatness, Federal investigators executed search warrants at the headquarters of a Soros-aligned voter mobilization organization in Ohio as part of what sources described as an ongoing fraud investigation. FBI agents searched the offices of the Ohio Organizing Collaborative on June 11 and conducted interviews with members of the organization across the state, according to reports. Some agents reportedly served subpoenas or sought to seize electronic devices during the operation. Multiple sources familiar with the matter later told CBS News that the federal action was tied...