Author: arthursheikin@gmail.com

[ad_1] CNN  —  Whenever President Trump sees his ally Mike Lindell, Trump pours on the praise. A “patriot.” A “brave guy.” The “single greatest advertiser in history.” Right now, though, Lindell is something else: A defendant. The CEO of MyPillow, who built his business through incessant commercials and devotion to Trump, is on trial in Colorado over his tirades about the 2020 election. Opening statements happened Tuesday morning in a case brought by Eric Coomer, a former Dominion Voting Systems executive who sued Lindell for defamation in 2022. Coomer told CNN he was forced into hiding when bogus conspiracy theories…

[ad_1] Dollar General’s string of good results continues, thanks in part to higher-income shoppers.The retailer delivered strong revenue growth of 5.3% for the first quarter, with comparable sales increasing by 2.4% over the same period last year. Last year’s numbers were strong, too.CEO Todd Vasos said the growth was propelled by the dollar store’s delivery initiatives, including a partnership with DoorDash, which are attracting a “new and diverse” set of customers.”The incrementality on DoorDash has always been over the top phenomenal,” he said on an earnings call Tuesday.Delivery has also helped Walmart expand its e-commerce sales, in part by offering…

[ad_1] Last week, Chinese lab DeepSeek released an updated version of its R1 reasoning AI model that performs well on a number of math and coding benchmarks. The company didn’t reveal the source of the data it used to train the model, but some AI researchers speculate that at least a portion came from Google’s Gemini family of AI. Sam Paech, a Melbourne-based developer who creates “emotional intelligence” evaluations for AI, published what he claims is evidence that DeepSeek’s latest model was trained on outputs from Gemini. DeepSeek’s model, called R1-0528, prefers words and expressions similar to those that Google’s…

[ad_1] Stay informed with free updatesSimply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox.The interest rate, real and nominal, on long-term safe assets is perhaps the most important price in a capitalist economy. It tells one about confidence in governments and the economy. In recent years, these prices have normalised. The era of ultra-low interest rates that began in 2007-09, with the financial crises, seems to be over. An era of normality seemed to be returning. Hurrah! But the world does not really look very “normal”. Should we be waiting for big new shocks,…

[ad_1] One Wednesday in January, during our check-in, I jokingly told my manager that if I were laid off, I would finally apply to grad school. Six days later, I found myself affected by companywide layoffs and abruptly unemployed after three years in public relations.I started a career in PR simply because it paid the bills. When it suddenly didn’t, I knew it was time to try for grad school and finally pursue my dream career in academia and research in the field of Internet studies.There was one major problem: I had only three weeks to apply to grad school…

[ad_1] Uranium Energy is set to rally as the U.S. focuses on securing domestic fuel supplies to meet President Donald Trump’s goal to quadruple nuclear power by 2050, according to BMO Capital Markets. BMO initiated coverage of Uranium Energy on Tuesday with a buy rating and setting a stock price target of $7.75 per share, implying 36% upside from the company’s most recent close of $5.69. BMO’s decision to cover the uranium miner comes after Trump issued a series of executive orders on May 23 to reinvigorate nuclear power in the U.S., including a push to strengthen the domestic uranium…

[ad_1] New York CNN  —  The US is at a low risk of an imminent debt crisis — but high risk in the long term, billionaire investor Ray Dalio writes in a new book. The US government debt situation is “nearing the point of no return” and approaching a “death spiral” that could threaten the stability of the world’s largest economy, he writes in the book, “How Countries Go Broke: The Big Cycle,” published Tuesday. Some economists and investors have been sounding the alarm about the deficit for years. But this year, Wall Street has begun to heed caution as…

[ad_1] After a strong rebound from the tariff-induced correction, the markets have now been moving sideways for the past three weeks. This kind of consolidation is typical — it’s how markets build up energy for the next leg, whether that’s higher or lower. When risk-on sentiment returns and money starts flowing into growth stocks, the Magnificent 7 typically lead the charge. As that momentum builds, we can expect several trading opportunities to emerge. One stock that appears to be setting the stage is Meta (META) , which has been range-bound since May 14th and looks poised for a breakout. To…

[ad_1] We’re down to the final two days before TechCrunch Sessions: AI unites the broader AI community at UC Berkeley’s Zellerbach Hall on Thursday, June 5! Expect a packed agenda with top speakers, expert panels, top-tier networking, and Side Events from our partners. One of our speakers is Andrei Papancea, CEO and co-founder of NLX, who will share insights from the company’s successful partnership with Toyota — focused on building AI-powered conversational experiences for car repair. With the event just days away, now’s your last chance to lock in serious savings. Here’s how: Save $300 when you register solo. Bring…

[ad_1] The tax and spending bill winding its way through Congress could end up delivering a gift for exercise buffs and a boost to the stock price of their favorite gyms. The bill that passed the House of Representatives last month included a provision that would expand the allowable uses for health savings accounts to include “qualified sports and fitness expenses.” HSAs work alongside high-deductible health insurance plans, and they allow savers to put away pre-tax dollars and have them accumulate free of taxes. The money can be withdrawn tax free to cover qualified medical expenses. The bill calls for…