Taiwan Arms Deal Put On Ice Amid China Pressure, But Pentagon Cites Iran War Stockpile Concerns

Tech CEOs: Just Kidding About That Jobpocalypse For three years, everyone from Goldman, to Richmond Fed President Thomas Barkin, to tech CEOs have been forecasting mass unemployment due to AI wiping out jobs - which would only be accelerated by the proliferation of cheap(er) Chinese models. Ford Motor CEO Jim Farley said last year that AI would replace "literally half of all white-collar workers in the U.S."  And while that may only be a matter of time, tech CEOs have changed their tune - albeit while facing public pitchforks over data centers, the cost of...

Times Square Stabbing Victim Was Bank of America VP One of the two victims of a Midtown Manhattan stabbing yesterday has been identified as a vice president in Bank of America's global corporate and investment bank division, the WSJ reports.  Erin Piacenti, 32, of New Jersey was in Times Square when an unhinged woman armed with knives attacked both Piacenti and a man shortly after 4:20 p.m. "We are shocked and deeply saddened by the tragic loss of our colleague. She was a valued teammate who will be greatly missed," a BofA spokesman said. "Our...

The Middle Corridor Emerges As A Strategic Lifeline For Global Trade Via RFE/RL, Global trade is shifting away from vulnerable maritime chokepoints toward overland routes like the Middle Corridor amid rising geopolitical instability A $3.3 billion World Bank-backed investment push aims to address infrastructure gaps and unlock the corridor’s long-term potential While promising, the route still faces major capacity and coordination constraints before it can rival established northern trade flows While diplomatic efforts struggle to stabilize access to the Strait of Hormuz amid tensions between the United States and Iran, Eurasian trade is increasingly being...