Anthropic Ships Claude Opus 4.7, But Its Most Powerful Model Stays Locked Away
Anthropic launched Claude Opus 4.7 on Thursday, its most capable generally available AI model to date, while continuing to withhold a more powerful system from the public over concerns about its potential for cybersecurity attacks. The new model delivers a 13% lift on coding benchmarks, resolves three times more production tasks than its predecessor, and […]
Fertilizer Prices Up 87% This Year as Iran War Chokes Global Supply
Urea prices have surged 87% since the start of 2026, topping $720 per metric ton, as the US-Israel war with Iran disrupts a supply chain that routes nearly half of global fertilizer exports through the Strait of Hormuz — hitting farmers at the worst possible moment ahead of spring planting season. Analysts told CNBC that […]
US Treasury Runs Record Debt Buybacks as Bond Market Stress Mounts
The US Treasury executed a $15 billion debt buyback on April 16, matching the largest single repurchase of government securities in American history, as officials escalate efforts to stabilize a bond market showing signs of strain under record interest costs. The operation settled on April 17 and covered nominal coupon securities maturing between May 2026 […]
RFK Jr. Defends Taxpayer-Funded Kid Rock Video as Measles Cases Surge
Health and Human Services Secretary Robert F. Kennedy Jr. faced sharp bipartisan criticism Thursday during his first Congressional appearance of the year, deflecting questions about vaccine policy and defending a taxpayer-funded promotional video featuring him shirtless in a hot tub with rock musician Kid Rock. Kennedy testified before the House Ways and Means Committee as […]
US Treasury’s Bessent Pushes World Bank to Fund Critical Minerals Over Climate Projects
US Treasury Secretary Scott Bessent has called on the World Bank to redirect its green lending strategy toward critical minerals projects, marking a sharp pivot from climate-focused financing. Speaking at the IMF and World Bank spring meetings in Washington on April 16, Bessent emphasized the need for “high-quality, durable projects” in mining and processing to […]
Canada Added Nearly 1M Government Jobs In 2015-2024
A Fraser Institute analysis of Statistics Canada labor-force data shows Canada added 950,000 public sector jobs between 2015 and 2024, meaning roughly 30% of all net employment growth over that period came from government-linked payrolls rather than the private sector. Public sector employment expanded 27.0% from 2015 to 2024, while private sector employment grew 13.4%. […]
Spirit Airlines Faces Imminent Liquidation Amid Fuel Cost Surge and Bankruptcy Struggles
Spirit Airlines, the embattled budget carrier, could liquidate as early as this week, with sources indicating a potential shutdown by Friday. The airline, mired in its second bankruptcy filing in less than a year, is buckling under a devastating spike in jet fuel prices, which hit an average of $4.88 per gallon across major U.S. […]
BRP Stock Crashes Nearly 30% as U.S. Tariff Changes Force Guidance Suspension
BRP Inc. (TSX: DOO) has suspended its fiscal year 2027 guidance after a U.S. tariff revision on steel, aluminum, and copper imports, effective April 6, slapped a 25% levy on the full value of its snowmobiles and most off-road vehicles, projecting a cost impact exceeding $500 million for the remainder of the year. The Valcourt, […]
Reed Hastings To Exit Netflix Board After 30 Years, Marking End of an Era
Reed Hastings, co-founder of Netflix (NASDAQ: NFLX), is stepping down from the company’s board of directors, closing a nearly 30-year chapter with the streaming giant. The announcement, made during Netflix’s Q1 2026 earnings release on Thursday, confirmed Hastings will not stand for re-election at the annual meeting in June. Hastings, who co-founded Netflix in 1997 […]
Anthropic’s Mythos AI Set for Federal Deployment Amid Contract Tensions with Pentagon
The U.S. government is preparing to roll out a modified version of Anthropic’s frontier AI model, Mythos, to major federal agencies as part of a controlled cybersecurity initiative. Announced on April 7, this deployment under Project Glasswing aims to harness the tool’s advanced capabilities for defensive purposes, though it has sparked concerns over potential security […]