Author: Editor

President Donald Trump has turned to his favorite form of leverage in his effort to annex Greenland: Tariffs.Trump said on Saturday he would impose on February 1 an additional 10% tariff on Denmark, which controls Greenland, as well as Sweden, Norway, France, Germany, the United Kingdom, the Netherlands, and Finland, unless they agree to a deal to hand over Greenland to the United States.The president said he would raise those tariffs to 25% in June if they did not comply. All of those countries have already been paying some form of tariff since Trump’s Liberation Day levies went into effect…

One Las Vegas strip club is seeing an unexpected boom from the Sin City slowdown: a surge in first-time dancers auditioning.Crazy Horse 3, located a few blocks away from the Las Vegas Strip and right by Allegiant Stadium, where the Raiders play, said that as of December, it had seen a 55% increase in nightly adult entertainer auditions compared to six months prior. There’s also been an increase in women coming from traditional hospitality roles who are trying out dancing for the first time.The surge comes as Las Vegas experiences a slump in tourism that’s been attributed to a host…

Courtesy of Disney Enterprises Inc.Blue aliens, a family of superheroes and a city of talking animals boosted the Walt Disney Company to the top of the domestic box office in 2025.Full-year ticket sales in the United States and Canada rose about 4% from 2024 to $9.05 billion. Disney accounted for the highest share of that haul with $2.49 billion in ticket sales, or 27.5%, according to data from Comscore.It’s closest competitors were Warner Bros. Discovery, which tallied $1.9 billion domestically, or 21%, and Universal, which took in $1.7 billion, or 19.7%. Together, these three studios accounted for nearly 70% of…

President Donald Trump’s year in office was a mixed bag of blessings and woes for the business world.Last year began with a lineup of billionaires at Trump’s inauguration, all of whom soon saw their net worth diminish after Trump enacted sweeping tariffs aimed at reshoring manufacturing jobs.Their fortunes soon rebounded, and Trump has been a booster of the tech industry, which continued to grow in 2025.Businesses were also often caught in Trump’s crosshairs, including Intel, Amazon, and Walmart.From the retail sector to the AI industry, here’s how different industries fared in Trump’s first year of his second term. Every time Katherine…

Michael Burry raised the alarm on an AI bubble in a recent Substack exchange, calling out market darlings and warning that a prolonged slump is coming.The investor of “The Big Short” fame took aim at the tech boom in a written debate with Anthropic cofounder Jack Clark and podcaster Dwarkesh Patel.Escalator to nowhereBurry cautioned that so-called hyperscalers, including Microsoft and Alphabet, are wasting huge sums on microchips and data centers that will quickly become obsolete, to power AI tools such as chatbots that will become commoditized.He drew a parallel to a Baltimore department store briefly owned by Warren Buffett in the 1960s:…

How do you auction off a former billionaire’s armor-plated Mercedes?As with virtually every bankruptcy auction these days, there’s a one-word answer to that question — online.Business Insider followed the auction of a Mercedes-Benz Maybach S650, kicking the tires in person and watching the virtual action as it sold online to its 115th bidder, for $63,000.The sale shows just how easy it is for buyers to purchase — sight unseen — the cars, motorcycles, even the cast-off wall sconces and used vacuum cleaners of the nouveau poor. All that’s needed is an internet connection and the winning bid.But behind the scenes,…

Aliya Rahman is detained by federal agents near the scene where Renee Macklin Good was fatally shot by an ICE officer last week, Jan. 13, 2026, in Minneapolis. Adam Gray/AP/FR172090 AP hide caption toggle caption Adam Gray/AP/FR172090 AP Since the shooting of Renee Macklin Good, the Trump administration has escalated the federal immigration presence in Minneapolis, turning the city into a flashpoint for a new, more aggressive phase of immigration enforcement. NPR reporters on the ground in Minneapolis have witnessed federal agents pulling people off the streets and out of their cars or questioning people of color on their immigration…

Logan Sudeith, 25, estimates he clocks about 100 hours a week on prediction markets. Evan Frost for NPR hide caption toggle caption Evan Frost for NPR Ask Logan Sudeith how many bets he places in a week and he’ll laugh. It’s a comical line of questioning for the 25-year-old former financial risk analyst, who estimates he clocks about 100 hours a week on prediction markets Kalshi and Polymarket. After a while, understandably, some of the bets blur together. What are his net profits, though? That’s a number he’s got at the ready. “Last month, I made $100,000,” said Sudeith, who…

Tear gas surrounds federal law enforcement officers as they leave a scene after a shooting on Wednesday, Jan. 14, 2026, in Minneapolis. John Locher/AP hide caption toggle caption John Locher/AP MINNEAPOLIS — Federal officers in the Minneapolis-area participating in its largest recent U.S. immigration enforcement operation can’t detain or tear gas peaceful protesters who aren’t obstructing authorities, including when these people are observing the agents, a judge in Minnesota ruled Friday. U.S. District Judge Kate Menendez’s ruling addresses a case filed in December on behalf of six Minnesota activists. The six are among the thousands who have been observing the…

There is a yearslong lag in the AI hype cycle, according to one former AI researcher turned venture capitalist.Jenny Xiao, who cofounded Leonis Capital in 2021 after a stint at OpenAI, said the current investment excitement around AI is far behind the actual research.”There is a massive disconnect between what researchers are seeing and what investors are seeing,” Xiao said on the Fortune Magazine podcast this week.What’s being discussed at the biggest AI conferences is as much as 3 to 5 years behind what researchers are thinking about, Xiao said.”We are so behind the technical frontier, and that’s the gap I really…