Fortuneflipped into Business6 hours agoU.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles upverified_publisherFortune - Jason MaThe AI capital expenditure boom has created a gusher of corporate debt, forcing the Treasury Department to make its bonds more attractive to …
Fortuneflipped into Personal finance6 hours agoSaylor’s strategy ramps up sales of preferred in latest Bitcoin purchaseverified_publisherFortune - Melos Ambaye, BloombergMichael Saylor’s Strategy Inc. bought nearly $1.6 billion worth of Bitcoin—the company’s largest purchase since January—leaning more heavily on a …
Fortuneflipped into News6 hours agoFederal judge blocks RFK Jr.’s childhood vaccine cuts, says he likely broke the lawverified_publisherFortune - The Associated Press, Mike StobbeA federal judge in Boston has temporarily blocked federal health officials from cutting the number of vaccines recommended for every child, and says …
Fortuneflipped into News7 hours ago‘No, we didn’t’: DOGE staffer admits Elon Musk’s cost-cutting agency failed to reduce the federal deficitverified_publisherFortune - Sasha RogelbergIn its early days, the Elon Musk-led Department of Government Efficiency (DOGE) bragged it could cut up to $2 trillion from the U.S. federal budget. …
Fortuneflipped into Finance8 hours agoTrump’s ‘Art of the Deal’ can’t reopen the Strait of Hormuz—and it’s threatening a recessionverified_publisherFortune - Nick LichtenbergDonald Trump has spent the better part of 40 years mastering a single, ruthless skill: making other people absorb his losses. He perfected it in …
Fortuneflipped into Personal finance8 hours agoBetting on 5-minute swings on Bitcoin price are the hot new thing on prediction marketsverified_publisherFortune - Carlos GarciaThere is a new trend in prediction markets: betting on whether Bitcoin will go up or down in the next five of fifteen minutes. On Polymarket, a …