💼 Business & Startups
Today's top 3 stories, curated by Daily Direct.
Despite administration claims to the contrary, the data tells an unambiguous story: tariffs are dragging on the U.S. economy, not lifting it. A Tax Foundation economist points to declining manufacturing employment, slowing GDP growth, and rising consumer prices as compounding evidence of real damage. The policy marketed as economic renewal is, by the numbers, producing the opposite effect.
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Elon Musk claims his falling out with Google co-founder Larry Page — and the founding of OpenAI — traces back to a single accusation: that Musk was a "specieist" for prioritizing human welfare over artificial intelligence. The charge, Musk says, reflected Page's belief that digital life deserves equal standing to biological life. It's a revealing origin story that casts the AI race as a philosophical conflict as much as a commercial one.
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Jamie Dimon is sounding the alarm on America's fiscal trajectory, warning that a bond crisis is not a matter of if but when. The JPMorgan CEO pointed to a compounding mix of geopolitical instability, oil volatility, and ballooning government deficits as forces loading the risk column. His blunt assessment suggests markets may be underpricing the consequences of sustained fiscal recklessness.
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