It’s time to be careful, very, very careful. And it’s time not to let our domestic politics blind us. As the Iranians and their allies, the Chinese, see it, a new balance of power is taking over the world. And the United States is no longer the dominant superpower. Far from it. In fact, a Hezbollah official, Wafiqu Ṣafā, says that
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This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Rollercoaster. That’s probably the most accurate word to describe SpaceX’s opening two weeks as a public company. The stock surged for several successive days following a record-breaking IPO, briefly overtaking both Amazon and Microsoft in terms of market
Workers clean the Lincoln Memorial Reflecting Pool on the National Mall on June 25, 2026, in Washington. Anna Moneymaker | Getty Images A group of Senate Democrats is probing President Donald Trump‘s troubled renovation of the reflecting pool in Washington that has drawn scrutiny for running over budget and rapidly deteriorating. The Democrats, in a
An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company’s fine-dining restaurants and Olive Garden fell short of expectations. The company’s forecast for its fiscal 2027 earnings and revenue
A woman reacts in the street following an earthquake in Caracas on June 24, 2026. A magnitude 7.1 earthquake struck Venezuela on Wednesday, the United States Geological Survey reported, triggering panic in Caracas. Federico Parra | Afp | Getty Images Strong earthquakes struck west of Venezuela’s capital on Wednesday afternoon, bringing down buildings in Caracas and
A visitor walks past the logo of SK hynix during the Korea Electronics Show 2025 at the COEX convention and exhibition centre in Seoul on October 22, 2025. Jung Yeon-je | Afp | Getty Images SK Hynix, South Korea’s most valuable company, plans to raise around $29 billion on the Nasdaq by issuing American depositary
Rep. Anna Paulina Luna (FL) speaks on Day 3 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 17, 2024. Mike Segar | Reuters The U.S. House on Tuesday voted 358-32 in favor of an affordable housing bill aimed at lowering costs for homebuyers and reining in institutional investors,
SpaceX shares seesawed in premarket trading on Tuesday, following a $400 billion sell-off on Monday as a post-debut rally fizzled out. The space and AI company saw huge gains after a record-breaking IPO on June 12, briefly surpassing Amazon and Microsoft in market capitalization, before falling back below both as sentiment cooled. The stock tanked
Rep. Ro Khanna (D-CA) questions U.S. Secretary of Defense Pete Hegseth as he testifies before the House Armed Services Committee April 29, 2026 in the Rayburn House Office Building in Washington, DC. Win Mcnamee | Getty Images Potential 2028 presidential hopeful Rep. Ro Khanna challenged newly minted trillionaire Elon Musk to a televised debate on
Alan Greenspan, the longtime Federal Reserve chairman known as “the Maestro” who became one of the most influential economic policymakers of his era and famously warned of “irrational exuberance,” has died. He was 100. The influential economist died Monday at his home from complications of Parkinson’s Disease, said his wife of 29 years, Andrea Mitchell,
Still from Pixar’s “Toy Story 5.” Disney Disney’s Toy Story franchise still has some buzz. The fifth installment in the Pixar film series tallied $160 million during its opening weekend, the highest in franchise history. Internationally, “Toy Story 5” snared $152 million, bringing its estimated global haul for the three-day period to $312 million. “Toy
Federal Reserve Chair Kevin Warsh speaks to reporters during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chairman Kevin Warsh’s first big announced changes point toward a quiet revolution, with task forces set up to rethink virtually
Iran declared the Strait of Hormuz closed again on Saturday and warned vessels to stay away from the critical shipping route, but the U.S. denied those claims, stating the waterway remained open. Amid the confusion, U.S. Vice President JD Vance left Washington to travel to Switzerland for further negotiations with Iran on Sunday. Tensions between
SpaceX‘s record-breaking IPO boosted founder and CEO’s Elon Musk‘s personal stake in the company to more than $1 trillion. But he isn’t the only one seeing huge gains from SpaceX’s blockbuster listing. The IPO also minted thousands of new millionaires — and saw stakes of some shareholders surpass the billion-dollar mark. SpaceX’s debut week on
A newspaper featuring the headline story on indirect negotiations between Iran and the United States in Muscat, Oman, is displayed at a newsstand in Tehran, Iran, on April 12, 2025. Fatemeh Bahrami | Anadolu | Getty Images News that the U.S. and Iran had reached an interim deal may have brought some initial relief to
Wednesday afternoon, June 17th, the president and his administration released a document they had been teasing for close to a week: a 14-point memo of understanding bringing the war with Iran to a close. Is that memo of understanding, that MOU, a victory or a defeat for the United States? Is that MOU a cause for
Apple CEO Tim Cook and Jalen Brunson, basketball player for the New York Knicks, during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, Sept. 19, 2025. Bloomberg | Bloomberg | Getty Images For the past few years, consumers have been swarming to AI chatbots and
A Waymo autonomous taxi outside the Google headquarters in Mountain View, California, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Waymo is recalling almost 3,900 robotaxis in the U.S. to fix software issues after some cars drove into freeway construction zones, according to notices filed with the National Highway Traffic Safety Administration. The
President Donald Trump and Iranian President Masoud Pezeshkian on Wednesday each signed a memorandum of understanding aimed at developing a permanent peace deal to end the war between their two nations, officials said. The signing came three days after Vice President JD Vance and Iranian Parliamentary Speaker Mohammad Bagher Ghalibaf digitally signed the same document, and
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely, voting to keep the benchmark level steady, but dropped several surprises that kept markets guessing about where things are heading. Markets didn’t like it, with major averages swooning after the meeting and as Warsh spoke in his news conference.