UK hopes to lure expats back from the UAE as war challenges Dubai’s appeal
The U.K. is seeking to lure British residents back from the UAE as war in the Middle East rattles confidence in Dubai’s safe‑haven image.
Read MoreYoung people hate today’s job market. You can’t blame it all on AI
We wrote last week about the societal, academic and economic implications of young Americans scared of AI (“The kids aren’t AI-right, Part 1”). Today, we dig deeper into job panic.Young Americans are scared of more than AI. They’re downright panicky about finding a job at all.Only 20% of young workers told Gallup in Q4 last…
Read MoreTrump’s Federal Reserve chair pick to face lawmakers at key confirmation hearing – US politics live
The hearing marks a key hurdle Kevin Warsh must overcome in order to succeed Jerome Powell when his term ends on 15 MayJerome Powell’s term as chair ends on 15 May. He said last month that he would remain as chair until a successor is named.Powell also is serving a separate term as a member…
Read MoreThe Onion launches new effort to turn Infowars into parody website
The new proposal would involve the publication licensing Alex Jones’s company, which faces liquidation.
Read MoreVirginia Redistricting Referendum: What to Watch
In the latest gerrymandering clash before the midterm elections, voters in Virginia will decide on Tuesday whether to approve a map that would give Democrats more House seats.
Read MoreWhat to Know About Virginia’s Gerrymandering Fight
The election on Tuesday is part of a coast-to-coast fight between Republicans and Democrats ahead of the midterms.
Read MoreSilicon Valley is building its own news-industrial complex
Marc Andreessen on MTS. Screenshot via XSilicon Valley’s most powerful venture firm helped launch a 24/7 livestream on X Monday, joining a wave of tech money piling into the news cycle as the internet’s hottest new asset class.Why it matters: “Monitoring the situation” — the theme of Polymarket’s pop-up D.C. bar, and now the name…
Read MoreGet used to higher gas prices this year
Even if the Iran conflict ended now and the Strait of Hormuz fully opened, don’t look for a quick return to pre-war gas prices.Why it matters: Costlier fill-ups are the most direct and visible economic effect of the war for many Americans, and could sway midterm election races.Driving the news: Energy Secretary Chris Wright told…
Read MoreApple enters post-Cook era chasing its next hit
The Tim Cook era is coming to a close with an existential challenge for Apple: figuring out what comes after the iPhone.Why it matters: Cook extended the iPhone’s success into products like the Apple Watch and AirPods and built a powerful services business. But the company hasn’t broken into a major new category — and…
Read MoreHouse Democrats prepare to abandon Rep. Sheila Cherfilus-McCormick en masse
Many House Democrats are ready to vote to expel Rep. Sheila Cherfilus-McCormick (D-Fla.) from Congress as soon as the House Ethics Committee meets to decide her fate on Tuesday, Axios has found in interviews with over 30 lawmakers. Why it matters: Republicans are expected to force an expulsion vote, but they will need roughly 80…
Read More