Beyond Chips: U.S. And China Enter Robotaxi Race As Physical AI Emerges 

The Barbell Economy: Why The Middle Is Vanishing Authored by Tamuz Itai via The Epoch Times, There’s a pattern quietly reshaping daily life, work, and society itself. Economists now call it the “barbell economy.” Value, growth, and opportunity concentrate at the two extremes—ultra-cheap utility on one end, premium experience and status on the other—while the broad, reasonable middle thins out. Once you start noticing it, you can’t unsee it. And the data show it isn’t a fleeting trend. Start with something as ordinary as dinner. Fast-food drive-throughs, delivery apps, and value menus...

Kevin Warsh Cleared By Senate For 14‑Year Fed Board Seat Authored by Andrew Moran via The Epoch Times, Kevin Warsh will be returning to the Federal Reserve Board of Governors. The U.S. Senate voted 51–45 to approve Warsh’s nomination to a 14-year term on the central bank’s board on May 12, joining six other members. Four senators did not file a vote. Sen. John Fetterman (D-Pa.) crossed party lines to support President Donald Trump’s nominee. Warsh’s tenure as Fed governor will run until 2040. He previously served on the board from 2006 to 2011, when...