Fortune
U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up
Last Tuesday marked the busiest single day for U.S. corporate bond sales on record, flooding markets with supply at the worst possible time for federal finances. The surge is forcing the government to offer higher yields to attract investors, driving up borrowing costs as defense and war-related spending continues to climb. The collision of record corporate issuance and mounting federal debt signals a tightening competition for capital that could make Washington's fiscal math significantly more painful.
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Fortune
Nvidia just forecast $1 trillion in AI demand. So why isn’t Jensen Huang a target of AI backlash?
Nvidia CEO Jensen Huang has largely escaped the mounting backlash against AI's leading figures, even as the company forecasts $1 trillion in AI infrastructure demand. While rivals face heat over copyright violations, water consumption, and energy use, Huang's identity as an engineer and hardware builder shields him from the ethical scrutiny directed at software-focused AI chiefs. The distinction reveals how public perception separates those who build the picks and shovels from those seen as wielding them.
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