White Smoke Rises From Sistine Chapel, Indicating New Pope Chosen
New Pope Elected in Vatican City On Thursday, white smoke billowed from the Sistine Chapel, signifying that the Cardinals had elected a new Pope following the passing of Pope Francis. The bell of St. Peter’s rang out, marking the occasion. The election unfolded on the first day of voting among 133 Cardinals, who had secluded […]
Trump’s AI czar flags report indicating DeepSeek’s true cost of developing its AI models
Palmer Luckey, the founder of Anduril, produces Deepseek and drones in Claman Countdown. President Donald Trump's artificial intelligence (AI) Emperor David Sachs pointed out evidence that he spent more money on the development of models than reported China's Deep Shek AI startup. Deepseek reported that he spent only $ 5567 million to train the Deepseek-V3 […]
Powell Touts Strong Economy Even While Indicating More Rate Cuts Ahead
Federal Reserve Chairman Jerome Powell on Monday reaffirmed his view that the U.S. economy is fundamentally strong, despite the central bank's surprise move to cut interest rates earlier this month. Speaking at the National Association for Business Economics' annual meeting in Nashville, Powell sought to explain the Fed's decision to cut interest rates while expressing […]
U.S. Labor Costs Jump, Indicating Rising Inflationary Pressures
Labor costs for U.S. companies rose much faster than expected in the first quarter, pushing back against expectations that the U.S. Federal Reserve would cut interest rates by the end of the year, raising the prospect of sustained inflation. . The employment cost index rose 1.2% from January to March, accelerating from the 0.9% increase […]