The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs. The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…
The torrent of corporate spending on artificial intelligence in the U.S. is driving up consumer prices, working against efforts to cool inflation. AI requires enormous computing power, driving demand for the semiconductors that enable it. Rising chip costs are also prompting electronics manufacturers to raise prices on smartphones, computers, software and other tech accessories. Consumers are…
Meghan Jenkins had her hands full with her toddler, Malachi. He was energetic and inquisitive, eager to explore the world around him. He loved anything to do with the Miami Dolphins and played constantly with dinosaurs and monster trucks. He was settling in at day care while Jenkins returned to work after taking a year…
A Swiss man died after losing consciousness hiking up Mount Fuji, authorities said on Friday, marking the second fatality in one week on the scenic but potentially dangerous mountain. Rescuers separately managed to save a 99-year-old woman, however, after she was injured on the mountain and sheltered in a hut overnight. Japan’s highest mountain was…
