President Donald Trump’s media company is launching a new product that will allow banks and financial traders to access Truth Social’s data at the “fastest” speed for a fee, giving them exclusive real-time access to posts that may affect the markets, as Trump’s posts frequently do. The product is known as “Truth API,” and Trump Media & Technology Group, which runs Truth Social plans to…
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Millions of people across the U.S. are angry at their utilities. Electricity costs are rising while CEOs and Wall Street investors salivate over the booming energy demand from data centers. Now, we could be entering a new and ominous stage of utility power: the rise of the corporate mega-utility. On May 18, Florida-based NextEra Energy, owner of the largest electric utility in the U.S.
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In school districts from Pennsylvania to Illinois, Kentucky to West Virginia, state and local budget delays are putting the pinch on classrooms and costing districts tens of millions of dollars in additional borrowing fees — money going straight to Wall Street. In effect, political failures like budget delays, faulty tax software programs, or just political impasses are forcing some of the…
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World leaders are returning home from the annual G7 summit, having failed to address issues such as income inequality, climate change and territorial conflict, while entertaining the wealthy executives of the artificial intelligence and fossil fuel industries. Oxfam International Executive Director Amitabh Behar calls the G7 “a club of the super-rich super-elites” and slams the summit’s focus on…
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Ahead of the initial public offering for SpaceX, we speak with historian Quinn Slobodian, author of Muskism: A Guide for the Perplexed. He says Elon Musk is “creating a situation where he becomes deeply reliant on state contracts” as the U.S. government then becomes reliant on Musk. “It’s not about demolishing the government,” Slobodian says of his work with DOGE, the so-called Department of…
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Two trends, seemingly separate, have been accelerating over the past few years. First, Wall Street has been plowing billions of dollars into financing data centers. Second, the U.S. military has been ramping up its use of artificial intelligence (AI). Now, these two trends are directly merging. In late March 2026, the U.S. Army announced its selection of companies to build and operate two…
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