Is There Any Way To Save Social Security, Or Is It Doomed?

OpenAI's Stratospheric Valuation Draws Investor Scrutiny As It Scrambles To Capture Enterprise Market OpenAI, fresh off the largest private fundraising round in history, is facing mounting questions from some of its own backers over its $852 billion valuation and a whiplash-inducing pivot in strategy that prioritizes the higher-margin enterprise market at the expense of its consumer crown jewel - all because Anthropic is starting to drink their milkshake with enterprise contracts.  The company raised $122 billion last month from Silicon Valley and global capital - including SoftBank, Amazon, Nvidia, Andreessen Horowitz, Sequoia Capital and Thrive...

Sinopec Sees China Oil Demand Falling 8.9% in 2026 By Charles Kennedy of OilPrice.com China’s Sinopec, the world’s top refiner by capacity, expects Chinese oil demand to drop by 8.9% in 2026 from a year earlier amid demand destruction from higher oil prices and the acceleration of electric vehicle adoption. Oil demand in the world’s biggest crude oil importer is expected to drop by 600,000 barrels per day (bpd) on average this year compared to last year, according to estimates by Sinopec’s research arm quoted by Reuters. Gasoline demand is set for an...

Trump Forms Committee To Probe Federal Reserve's Lisa Cook Authored by Zachary Stieber via The Epoch Times, President Donald Trump on Oct. 9 announced a new committee to investigate whether a Federal Reserve governor made false statements. Federal Reserve Board of Governors member Lisa Cook listens during an open meeting of the Board of Governors at the Federal Reserve in Washington on June 25, 2025. Mark Schiefelbein /AP PhotoThe committee will probe allegations that Lisa Cook, governor of the Federal Reserve, offered false information in connection with at least one mortgage instrument,...