Alphabet CIO Porat Warns US Lead Over China on AI Not Guaranteed

The US isn’t guaranteed to maintain a lead over China in the race to develop artificial intelligence, according to Alphabet Inc. President and Chief Investment Officer Ruth Porat. “It isn’t a foregone conclusion” that the US will keep its advantage, Porat said in an...

Apple’s Tough January Worsens as Analysts Cut on iPhone Risk

Both Jefferies and Loop downgrade their views on the shares Stock has sunk in 2025 as China weakness fuels demand concerns Apple Inc. received a pair of analyst downgrades, in the latest sign that soft iPhone sales are becoming an increasing concern for investors, as...

Musk Gets White House Email Address, Office Space to Lead DOGE

Musk has been tapped to lead cost-cutting effort for Trump Email available as part of Executive Office of the President Billionaire Elon Musk has already secured a White House email address and office space, clearing the way for him to launch the cost-cutting effort...

US Set to Exceed World War II Debt Levels by 2029, CBO Says

Estimates don’t include renewal of expiring 2017 GOP tax cuts Stronger-than-expected 2024 economy lowered deficit forecast The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional Budget Office warned on...