U.S. National Debt Surpasses GDP for First Time Since World War II
The total U.S. debt has exceeded the country’s gross domestic product, a milestone not seen since the end of World War II
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Delta cuts food service on flights under 350 miles starting May 19
Delta Air Lines will stop offering food and beverage service on flights shorter than 350 miles, affecting about 9% of its daily flights
EEOC Sues New York Times for Alleged Bias Against White Male Employee
The Equal Employment Opportunity Commission alleges the New York Times discriminated against a White male editor by not promoting him due to race and…
Companies Cite AI in Rising Wave of Workforce Layoffs
Increasingly, firms are attributing large job cuts to artificial intelligence adoption as they restructure for greater efficiency and productivity
Meta sued for training AI on copyrighted works without permission
Authors and publishers accuse Meta of using copyrighted materials from pirate sites to develop its AI models, alleging infringement and seeking damages
Tourism Growth Strains Popular Destinations Worldwide
Rising tourist numbers, boosted by social media, are impacting cities and natural sites, prompting some destinations to limit or rethink their visitor policies
GameStop Offers $55.5 Billion to Acquire eBay, Signals Hostile Bid Threat
GameStop proposes a $55.5 billion purchase of eBay, combining a leading video game retailer with a major online marketplace amid plans for a potential…
Trump Family’s Cryptocurrency Venture Sues Justin Sun for Defamation
World Liberty Financial alleges crypto billionaire Justin Sun launched a public smear campaign damaging the venture’s reputation and business interests
Moody’s Sees Continued Growth in Private Credit Despite Liquidity Challenges
Moody’s Global Head of Private Credit says the sector remains resilient with low borrower defaults and expects growth after near-term elevated redemptions
U.S. National Debt Surpasses GDP, Raising Fiscal Concerns
For the first time since World War II, U.S. public debt exceeds its GDP, prompting warnings about rising interest costs and long-term economic risks