Fed Employee Repeatedly Tried to Remove Confidential Data Before Retirement, But Misconduct Probe Lacked Evidence
A Federal Reserve employee triggered 279 data-loss-prevention alerts in the 90 days before retiring, including 111 involving information flagged as potentially FOMC-classified, yet weaknesses in the central bank’s own controls ultimately left investigators without enough evidence to open a misconduct investigation. The finding comes from a management alert by the Federal Reserve Office of Inspector General examining how […]
Carney Won’t Rule Out Energy Trade as US Shifts To China while Trump-Linked Drone Firm Bets on Canada
Three developments over four days have produced an unusual picture of the Trump administration’s economic relationship with Canada. Washington says it has little urgency to resolve its trade fight with Ottawa because the US is still receiving the Canadian commodities it needs. At almost the same time, the US and China moved toward lower tariffs […]
Judge Blocks Trump Admin Tying 20% Anti-Terror Grant Holdback to FEMA Election Conditions
FEMA required states and high-risk urban areas to devote at least 3% of certain homeland security grants to election security, but attached a much larger consequence to its election rules: 20% of a recipient’s entire Homeland Security Grant Program award could not be drawn down until the government confirmed compliance. A federal judge blocked that arrangement Monday, […]
Florida Calls AI Possibly Humanity’s “Greatest Public Nuisance”, Texas Freezes Data Centers
Florida is describing OpenAI’s technology in near-apocalyptic terms just as Texas has imposed a permitting freeze on the infrastructure powering the artificial intelligence boom, putting two different state-level constraints on AI within a single week. Florida Attorney General James Uthmeier filed a motion Monday asking a state court to temporarily prohibit OpenAI and CEO Sam […]
Sponsored · Altamira Gold Corp.
Tether Says It Froze $550M Linked to Iran, On-Chain Data Shows About $474M
Tether says it helped freeze approximately $550 million in Iran-linked USDT during 2026, a figure it deployed Monday as evidence of its cooperation with US sanctions enforcement. But the two enforcement actions itemized in the company’s own release account for only about $474 million, leaving roughly $75 million to $76 million of the stated total […]
Fed Says AI’s Productivity Payoff Won’t Come Fast Enough to Offset Inflation
Federal Reserve Governor Lisa Cook is sharpening the central bank’s warning about the artificial intelligence investment boom, arguing that its promised productivity gains will not arrive quickly enough to neutralize the inflation generated by the buildout this year. Cook said Monday that she expects continued inflation pressure from AI-related demand alongside higher oil prices and […]
Russia Raises Military Spending 27%, Borrowing Jumps 43%
Russia’s proposed 2027 budget shows that new taxes on commodity producers would cover only a fraction of the government’s planned increase in military spending, leaving higher borrowing to absorb much of the fiscal pressure. Government documents reviewed by Reuters put 2027 defence spending at 17.1 trillion rubles ($202.6 billion), up 27% from the 13.5 trillion rubles previously budgeted. […]
Rackla Metals Adds Two Northern Development Veterans to Board as Lentung Advances
Rackla Metals (TSXV: RAK) has appointed Paul Gruner and Claudine Lee to its board of directors, adding two directors with deep experience in northern Canadian resource development as the company advances its Lentung tungsten project. Both joined Rackla’s advisory committee earlier this year, where they were tasked with helping build the company’s Indigenous engagement framework […]
Sponsored · Selkirk Copper Mines
QatarEnergy Prolongs LNG Force Majeure Through November
Normal deliveries of Qatari liquefied natural gas will not resume for at least another month across Asia and Europe, with the world’s largest exporter prolonging a force majeure that has recurred almost monthly since the Iran war began. Pakistan and Bangladesh were notified this week by state-owned QatarEnergy that cargo cancellations would continue through November, […]
Northmin Hits 12.85% Copper and 933 g/t Silver in Highest Grade Tynagh Assays Yet
Northmin Corporation (TSXV: NMB) has reported assays from two more holes at its Tynagh project in Ireland, including the highest copper and silver grades the company has returned since it began drilling at the former mine site. Highlights from the results include: Hole 3615-26-08 targeted mineralization 50 metres east of an earlier high grade copper […]