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Column: How the federal debt happened - The Bulletin
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Column: How the federal debt happened - The Bulletin

The Bulletin·about 1 hour ago
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The federal government is drowning itself in red ink, caused by its spending far more than the revenues it collects. Economists agree that the debt explosion raises Americans’ borrowing costs, […]

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Meta plans $95 billion stock offering to fuel AI spending despite growing bubble fears
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Meta plans $95 billion stock offering to fuel AI spending despite growing bubble fears

TechSpot·Rob Thubron·about 5 hours ago
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Meta launched roughly $35 billion in offerings on Monday, comprising $22.5 billion in Class A common stock and $12.5 billion in securities representing mandatory convertible preferred stock.

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Tasmanian Labor wants to limit spending on election campaigns to remove undue influence
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Tasmanian Labor wants to limit spending on election campaigns to remove undue influence

Tasmanian Labor wants to bring in spending caps for state elections. Parties could spend up to $50,000 per candidate, and independents up to $60,000. Tasmania's upper house and local government elections already have spending limits.…

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Hunting for AI gains outside Magnificent 7
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Hunting for AI gains outside Magnificent 7

Business - Latest - Google News·about 8 hours ago
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Corporate America’s massive AI investments have delivered “zero financial payoff” outside the Magnificent 7, a new Apollo analysis found, intensifying investors’ fears over big AI spending ahead of critical Big Tech earnings this week.

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‘Zero financial payoff outside tech’: Apollo chief economist on AI productivity growth
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‘Zero financial payoff outside tech’: Apollo chief economist on AI productivity growth

The Indian Express·about 14 hours ago
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Apollo Global Management chief economist Torsten Slock’s remarks echo recent studies which have found AI is yet to deliver significant productivity gains.

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AI usage went up 93x since early 2025, cloud spending went up 3x, and the market is selling the spending

Weekly tokens on OpenRouter (how much people actually run AI models through 1 big marketplace), went up about 93x from the start of 2025 to last quarter. Cloud spending went up about 3x over the same stretch.…

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