invest america act

Actress Gina Carano and Muay Thai fighter Kevin Ross have revealed their secret August 2022 marriage, surprising fans. Carano, with an estimated $4 million net worth from MMA and Hollywood, and Ross, a respected combat sports figure, maintain a private lifestyle. Their combined wealth and careers continue to draw public interest.

Anthropic's paper outlines two scenarios for US-China AI leadership by 2028. In one, the US maintains its compute advantage through tightened export controls, leading to democratic AI norms. The other sees China overtaking the US if policymakers fail to act, resulting in authoritarian AI dominance.

The Pentagon is forging new partnerships with companies like Anduril and Leidos to rapidly boost US strike capabilities. The Low-Cost Containerized Missiles (LCCM) program aims to procure over 10,000 affordable cruise missiles by 2027, while a separate deal with Castelion will scale low-cost hypersonic solutions. This initiative emphasizes speed, innovation, and private sector investment to rebuild America's military might.

China's economic recovery is facing headwinds as factories slow and consumer spending falters, with April data revealing a significant slowdown. Weak domestic demand, coupled with a challenging global environment marked by geopolitical conflicts and rising energy costs, is squeezing growth. While exports remain strong, they are insufficient to offset internal weaknesses, prompting concerns about the need for further policy support.

Anil Kochhar, an inspiring Indian-American entrepreneur, has made headlines with his extraordinary contribution aimed at eradicating the student loan debts of all 176 graduates from Johnson C. Smith University, a key historically Black college located in North Carolina.

A former JPMorgan banker of Nepalese descent alleged that a senior executive coerced him into “non-consensual and humiliating sex acts" while threatening his career and subjecting him to racial abuse. According to a WSJ report, the bank unsuccessfully tried settling the case before the lawsuit was filed

The US government has accused China of a large-scale, state-sponsored campaign to steal American AI technology. A White House memo details how foreign entities are using "distillation" to copy advanced AI models, bypassing research and development. The administration vows to share information with US companies and develop countermeasures against these "industrial-scale" efforts.

MacKenzie Scott, ex-wife of Jeff Bezos, is making a significant impact with her philanthropy. She has donated nearly $26 billion to various nonprofits since 2019. Her latest gift of $70 million to Meals on Wheels America will help seniors facing hunger and isolation. Scott's approach involves providing unrestricted funds, empowering organizations to use the money as they see fit.

The NAACP has sued Elon Musk's xAI and MZX Tech, alleging illegal operation of methane gas turbines for a South Memphis data center without permits. The lawsuit claims these turbines emit hazardous pollutants, posing health risks to nearby residents. Environmental groups are involved, seeking to halt operations and impose penalties, highlighting concerns over unchecked AI infrastructure growth.

Several tech companies, including Snap, Block, Atlassian, and Pinterest, have recently announced significant layoffs, citing advancements in artificial intelligence as a primary driver. While some executives claim AI is enabling greater efficiency and a new way of working, others suggest AI is being used as a pretext for cost-cutting measures.

From cheaper autonomy to costlier capital, a post-dollar world could test India’s economic model

Pakistan used real reasons to get into the act — a border with Iran, a defence security pact with Saudi Arabia, a close strategic relationship with China, and a seat on Trump’s Board of Peace

President Trump announced Operation Epic Fury is nearing completion, stating the Iran conflict will end within two to three weeks. He advised nations facing oil crises to purchase from the US or seize oil from the Strait of Hormuz, emphasizing Iran's untrustworthiness and its history of attacks.

The US has imposed up to 100% tariffs on patented drugs and certain metals, aiming to boost domestic manufacturing. While India's generic drug exports are largely exempt, firms producing branded medicines or inputs for patented drugs may face pressure. Developed nations are expected to bear the brunt of these new measures.

As America eyes the moon again, UFO interest surges, fueled by Obama's 'real' alien comment and Trump's promise of file releases. Scientists ponder alien judgment of human conflict, while pop culture reflects our own fears. The Pentagon acknowledges UAPs but finds no extraterrestrial link, yet some claim 'nonhuman intelligence' is real, urging transparency.

Jack Dorsey's Block is undergoing a radical restructuring, laying off 40% of its workforce and aiming to embed AI deeply into its operations to become a "mini-AGI." The company plans to eliminate traditional middle management, replacing it with individual contributors, directly responsible individuals, and player-coaches, all coordinated by a continuously updated AI model of the business.

US lawmakers are proposing a new bill to safeguard the Optional Practical Training program. This initiative aims to provide stability for international students, including many from India, seeking work experience after graduation. The 'Keep Innovators in America Act' seeks to codify the program into law.

If Pakistan hosts US–Iran talks, it may briefly regain diplomatic relevance. But is this real leverage — or just another moment Islamabad knows how to market?

Amazon clarified its relationship with USPS, stating negotiations for a renewed agreement were abruptly ended by the postal service in December after over a year of good-faith discussions. Despite submitting a bid under USPS's new auction model, Amazon awaits a response and warns of needing to invest in alternative delivery options due to planning uncertainty.

Richard Bookstaber, a financial analyst and former hedge fund and US Treasury insider who wrote A Demon of Our Own Design, the book that foreshadowed the 2008 financial crisis, warns that today’s financial system is even more fragile. Private credit, AI-driven tech, stock concentration, and geopolitical tensions form a tightly linked network where shocks spread quickly. Unlike past crises, risks now arise from the physical world, energy, semiconductors, and supply chains, beyond the reach of traditional financial tools.

Senator Ted Cruz has proposed the invest america act, aiming to provide every newborn in the US with a $1,000 investment in an S&P 500-linked account. This initiative allows additional contributions and tax-deferred growth, with withdrawals permitted after age 18.