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OpenAI Government Backstop Demand Sparks Outrage
OpenAI CFO Sarah Friar triggered a wave of criticism this week after suggesting the company wanted the U.S. government to serve as a financial “backstop” for its infrastructure investments.
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Private Sector Adds Just 42,000 Jobs in October — Alarm Bells for Labor Market
The U.S. private sector added approximately 42,000 jobs in October — a positive rebound from September’s 29,000‑job loss, yet still modest.
Bernie Moreno’s HIRE Act Sends Shockwaves Through India
Sen. Bernie Moreno’s Halting International Relocation of Employment (HIRE) Act is drawing international backlash, particularly from India.
Texas Surge: Wall Street Giants Flee NY for Lower Taxes, Bigger Growth
Financial service firms are increasingly moving major operations to the state of Texas, shifting away from the hub of Wall Street in New York.
Michael Burry Bets $1B Against Nvidia & Palantir, AI Crash Incoming?
Hedge‑fund legend Michael Burry, known for forecasting the 2008 housing‑market collapse, is betting big against two of the hottest names in tech: Nvidia and Palantir Technologies.