US hits $38T in debt, after the fastest accumulation of $1T outside of the pandemic
The Joint Economic Committee estimates that the total national debt has grown by $69,713.82 per second for the past year.
Associated Press
Articles
Health insurance sticker shock begins as shutdown battle over subsidies rages
Lawmakers face greater pressure to act as Americans who buy insurance through the Affordable Care Act are seeing, or about to see, the consequences of enhanced subsidies expiring at the end of the year.
USDA reopening 2,100 offices to help farmers access $3B in aid despite shutdown
Employees at the Farm Service Agency help farmers apply for farm loans, crop insurance, disaster aid and other programs.
Ex-Amazon driver sues civil rights agency for dropping her case following executive order
The suit is the latest example of workers scrambling to find recourse as federal agencies abandon their cases in response to Trump’s shake-up of the country’s civil rights enforcement infrastructure.
OpenAI launches web browser to compete with Google Chrome
A premium feature of the ChatGPT Atlas browser is an “agent mode” that accesses the laptop and effectively clicks around the internet on the person’s behalf.
What to know about the Amazon cloud outage that exposed the internet’s vulnerable backbone
Monday’s outage showed how many people rely on the corporate behemoth’s computational infrastructure everyday—and laid bare the vulnerabilities of an increasingly concentrated system.
Warner Bros. Discovery confirms it has received buyout offers and is considering its options
In June, Warner Bros. Discovery outlined plans to split its cable and streaming offerings, a process it expected would be complete by mid-2026.
Colton Herta’s move to Formula 2 with Hitech brings him closer to Formula 1 dream
Because Herta does not have the super license required to compete in F1, he will switch from IndyCar to F2 this year to prep him for F1 while pursuing the license.
Senate Republicans head to White House amid stalemate on shutdown
With both sides showing no signs of movement, it’s unclear how long the stalemate will last—even as hundreds of thousands of federal workers will miss another paycheck and states are sounding warnings that key federal programs will soon lapse completely.
NCAA president urges conferences, schools to be cautious of equity deals
Amid growing pressure to raise funds to pay players, the Big Ten Conference has reportedly been in negotiations with an investor that would offer billions to help market media rights and other properties.
US, Australia sign $8.5B critical-minerals agreement as a way to counter China
Earlier this month, Beijing announced that it will require foreign companies to get approval from the Chinese government to export magnets containing even trace amounts of rare-earth materials.
Trump’s immigration crackdown weighs heavy on the US labor market
Immigrants do jobs—cleaning houses, picking tomatoes, painting fences—that most native-born Americans won’t, and for less money.
To hit back at US in their trade war, China borrows from America’s playbook
When President Trump launched his trade war with China shortly after he returned to the White House, Beijing readily deployed its new tools in addition to raising tariffs to match those imposed by the U.S.
Trump suggests US will buy Argentinian beef to bring down prices
U.S. beef prices have been stubbornly high for a variety of reasons, including drought and reduced imports from Mexico due to a flesh-eating pest in cattle herds there.
Americans increasingly worried about ability to find good jobs, poll finds
Some 47% of U.S. adults are “not very” or “not at all confident” they could find a good job if they wanted to, an increase from 37% when the question was last asked in October 2023.
Shutdown impact: What it means for workers, federal programs and the economy
The shutdown began Oct. 1.
Big Tech is paying millions to train teachers on AI, in a push to bring chatbots into classrooms
For the nation’s 4 million teachers to stay relevant and help students use the technology wisely, teachers unions have forged an unlikely partnership with the world’s largest technology companies.
Apple inks 5-year US broadcasting deal with Formula 1
The deal with Apple was praised by Dan Towriss, CEO of Indianapolis-based TWG Motorsports and the Cadillac Formula 1 team that will debut next season.
Microsoft: Russia, China increasingly using AI to escalate cyberattacks on US
The findings, published in Microsoft’s annual digital threats report, show how foreign adversaries are adopting new and innovative tactics in their efforts to weaponize the internet as a tool for espionage and deception.
Energy Department offers $1.6B loan guarantee to upgrade transmission lines across Midwest
Some 1,400 miles of transmission lines in Indiana and Michigan serving 600,000 customers will be replaced under the effort.