Anthropic's Updated S-1: An $80.7BN Half-Year Loss, A $750BN Compute-Tab, And A 'Catastrophic Incident' Warning

Senators Close To Deal To End Airport TSA Crisis As Americans' Fury Mounts With no-shows by unpaid TSA agents imposing hours-long security-line waits and missed flights on flyers at major airports across the country, senators on Monday night signaled that a deal to end the TSA crisis is finally within sight. The leap toward a deal followed a White House meeting of a group of Republican senators hosted by President Trump. “It went really well,” said Alabama Sen. Katie Britt, who was among the attendees. Asked if the group had a solution...

How China Is Remaking Its Vast Western Frontier China is undertaking a vast effort to reshape its western frontier, transforming Xinjiang and Tibet from remote borderlands into strategic hubs for industry, energy, tourism and trade, according to a new lengthy report from Financial Times. Under President Xi Jinping, Beijing is pouring investment into highways, railways, renewable energy projects, manufacturing bases and tourism infrastructure across a region that covers nearly a third of China’s territory. Officials see the west not as a distant hinterland but as a frontline for economic growth, national security...

Rabobank: Bessent's Buyback Looks A Lot Like "Whatever It Takes", And Druck Isn't A Fan By Michael Every of Rabobank US Treasury Secretary Bessent took out a tactical nuke in saying he could use $1trn from the Treasury General Account to fund Special Military Operation Twist bond buybacks vs. the $2bn per round increase we saw last week. That looks a lot like the ‘Whatever It Takes’ mentioned yesterday: his former mentor Stan Druckenmiller is not a fan, apparently. He also launched ‘Operation Economic Outcast’ to isolate and squeeze Iran further on...