IRS Announces 7 Percent Interest Rate For Overpayments And Underpayments

Brave New Autonomous World Takes Shape On America's Highways Wall Street remains hyper-focused on whether the hyperscalers' AI-driven data center buildout, now approaching $700 billion and roughly 10 times 2020 levels, will ultimately generate enough returns to justify the massive spending boom. Goldman analysts, led by Mark Delaney, focused on the "impact of AI on profit pools" and, more specifically, on the incremental profit AI-enabled initiatives in the transportation space could ultimately generate. The good news is that nearly a year after Delaney's June 2025 note to clients, his team found that...

Turkey Seeks Moscow Permission To Offload S-400s, Paving Way For US F-35 Deal In a move that could break a years-long defense procurement deadlock with Washington, Turkey is finalizing the sale of its Russian S-400 air defense systems to Gulf states, potentially clearing the way for Ankara to buy US F-35 fighter jets, Turkish newspaper Hurriyet reports Friday. For Ankara, offloading the Russian hardware resolves a years-long costly diplomatic and military bottleneck and controversy - a situation which dramatically improved after President Trump gave a clear greenlight during the annual NATO...

Former MI6 Spy Alastair Crooke: Iran Takes Its Chances With War Authored by Alastair Crooke The US war with Iran has moved beyond its initial phase to an emerging new one — one in which Iran implicitly stakes its chances on the next phase being war. Most likely this will be in abbreviated episodes of limited war, but possessing nevertheless a potential to widen regionally, should the US (and Israel) elect to sharply escalate. The new phase involves risk of course, yet Iran holds the high cards of an ability to impose disproportionately heavier...