Elon Musk says he’ll fund ‘moderate candidates’ to challenge Democrats in safer seats
After spending at least $277 million on Trump and other Republicans in 2024, Musk says he’ll go after Democratic lawmakers in safer seats, like Rep. Richard Neal (left). Elon Musk spent at least $277 million supporting President-elect Donald Trump and other Republican candidates in competitive races in 2024. Now, he says he plans to direct…
Nvidia stock has another 23% upside and the success of Blackwell will be the chipmaker’s big story of 2025, Morgan Stanley says
Nvidia’s Blackwell chip will be the company’s biggest story in 2025 — and the success of the next-gen GPU will overshadow any lingering concerns investors may still have, Morgan Stanley said. In a note this week, the bank reiterated its “overweight” rating on Nvidia stock and said the chipmaker remained its “top pick” going into…
Why Trump is pushing hard to defuse the debt ceiling now and what it would mean for America
President-elect Donald Trump called on Congress to raise or eliminate the debt ceiling. The debt ceiling is the unexpected debate in Washington this week after President-elect Donald Trump threw the annual holiday-season government funding talks into disarray. Trump wants to raise or eliminate the limit on how much the federal government can borrow. Doing so…
Stock market today: Dow soars 498 points as stocks bounce back from Fed-fueled plunge
US stocks surged on Friday, recovering some of the week’s losses sparked by a hawkish Federal Reserve. The Dow Jones Industrial Average rose nearly 500 points, giving back some of its intraday gains after being up over 800 points. The Nasdaq Composite and the S&P 500 were up over 1%. The market opened lower, though…
The Air Force Secretary said Elon Musk ‘needs to learn a little bit more about the business’ before deriding crewed fighter jets
Air Force Secretary Frank Kendall said he has “a lot of respect” for Elon Musk as an engineer, but said the billionaire is no warfighter. Air Force Secretary Frank Kendall said Elon Musk should learn more about air combat tech before publicly slamming crewed fighter jets as obsolete. “I have a lot of respect for…
The US Navy’s overwhelming missile tube advantage over China is shrinking
China’s Guangzhou destroyer launches a missile during a military exercise in July 2016. China is closing the missile tube gap with the US Navy as the latter’s long-standing edge in vertical launching system cell capacity, one indicator of naval strength, shrinks. The People’s Liberation Army Navy now has over half the number of missile tubes,…
The mysterious New Jersey drone drama has kickstarted a long-overdue discussion
The silhouette of a hexacopter drone during flight. A recent wave of mysterious drone sightings across the US has, to a certain extent, kick-started a long-overdue discussion on drone technology and airspace management. These drone sightings have captured national attention, and the public is now paying more attention to drone activity near US military bases.…
Putin taunted the West with a proposed missile ‘duel of the 21st century’ between the Oreshnik and US-made defenses
cPutin said that if Western experts want to deride the Oreshnik, they could suggest a target to defend while Russia strikes it. Russian leader Vladimir Putin suggested on Thursday that an experimental “duel” be held between Moscow’s newly unveiled Oreshnik missile and Western-made air defenses. Speaking at his annual press conference, Putin slammed the idea…
For Gen Alpha, learning to read is becoming a privilege
Joshua McGoun, a K-12 public-school teacher in Frederick, Maryland, first noticed a change in his students about 10 years ago. They began to struggle with focus. Increasingly, younger kids were not nailing basic reading skills before third grade — a crucial window. Those who miss it have a tough road ahead in middle and high…
