Top Democratic super PAC spends more in Michigan, Maine
Senate Democrats’ top super PAC is pouring nearly $7 million more into two major races.
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Anthropic issues warning on self-replicating AI
The lab raised the possibility of so-called “botnets” that would be difficult to stamp out.
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Asia is world's largest producer of ‘zombie' firms, IMF warns
The IMF warned that “zombie companies” — whose earnings haven’t covered interest payments for at least three years — now comprise more than a fifth of Asia’s outstanding corporate debt, potentially posing a systemic risk.
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Bumble to go private in $1.3B acquisition
The company has faced years of falling revenue amid a shift in online dating habits.
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MI5 chief warns of escalating hybrid threats from Russia, Iran
The British intelligence agency is now devoting more resources to state threats than during the Cold War, Ken McCallum said.
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Nvidia to announce $2B in European investments
Nvidia CEO Jensen Huang said he plans to unveil $2 billion in new European investments next week, as the continent’s economic prospects get a boost from AI.
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US is still sharing intel with Kyiv, Trump says
Ukraine’s leader said he received no advance warnings from Western partners before a Russian missile strike on Tuesday.
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Volta’s $5 billion debt deal is a pulse check on the AI-financing boom
Debt marketed this week for an Anthropic-backed project in Norway shows lenders’ skittishness; high interest rates and a credit-rating provision.
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Trump crosses country in bid to save midterms
The president’s goal remains persuading his loyalists to turn out in an election where he isn’t on the ballot.
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Congress battle drifts deeper into red territory
The battle for Congress is shifting deeper into red territory as both parties deem some races essentially over.
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Saudi attacks shake the confidence of foreign investors
International energy bosses were largely absent from this week’s World Petroleum Council Energy Congress, held in Riyadh, after the Houthi attack.
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Trump’s Russian energy strategy could backfire
The contradictory tangle of energy policy actions taken by Trump toward Russia risks repeating mistakes that he often slammed his predecessor for.
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A pioneering Jeddah schoolhouse show reaches Frieze Masters in London 58 years later
In 1968, two female artists hung their paintings in the Dar Al-Tarbia Al-Hadetha school, among the first exhibitions women had ever held in Saudi Arabia.
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AI is an inflation problem, Fed’s Goolsbee says
Chicago Fed President Austan Goolsbee warns of “spillover” from AI price spikes into unrelated parts of the economy.
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How the Houthis’ Zaydi heritage influences their strikes in Iran
The Houthis are heirs to a 1,000-year-old Zaydi imamate that ruled northern Yemen on and off until the modern state was established in 1962.
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UAE and Saudi Arabia account for almost 90% of $2.98 billion of startup capital raised in 2026
The two countries were also responsible for every round of $100 million or more. Regional funding fell 7%, and the number of deals dropped by a third.
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The IMF cuts its 2026 growth forecasts across the Gulf
The Middle East and North Africa is now expected to be the only region to shrink this year. In April, the IMF forecast Saudi Arabia and the UAE would grow.
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El Niño supercharges storms, leaving thousands without power in US and Mexico
Experts warn that this year’s supercharged El Niño risks making storms longer and more destructive.
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