AMD shares jump 16% on chip deal with OpenAI. OpenAI calls itself a nonprofit but takes $100 billion from Nvidia, stakes in AMD, and a $500 billion fund. Is OpenAI the most powerful tax-shielded corporation on Earth?

Generative AI Traffic Share.. 12 months ago: 1) ChatGPT ➔ 84.7% 2) Gemini ➔ 8.1% 3) Claude ➔ 2.2% 4) Perplexity ➔ 1.6% 5) Copilot ➔ 0.8% 6 months ago: 1) ChatGPT ➔ 79.7% 2) DeepSeek ➔ 9.2% 3) Gemini …

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Trump issues hard October 1 deadline for foreign companies: build U.S. factories or face crushing tariffs up to 100% on pharmaceuticals, 50% on kitchen cabinets, 30% on trucks and furniture

President Trump just made an announcement that will shake up global manufacturing. Foreign companies, including Taiwan Semiconductor, are now under pressure. Build factories in the U.S. or face massive tariffs. October 1 is the deadline. For pharmaceuticals, this is huge. …

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LBC Wants a 100% Inheritance Tax

‘You don’t have a right to inherit money from mummy and daddy that you did nothing to earn.’ @Lewis_Goodall suggests hiking inheritance tax to 100% in order to reduce income tax and ‘incentivise work.’ ‘You don’t have a right to …

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Bessent warns China of 100% tariff over Russian oil purchases. China replies coercion fails. Firms quietly hedge for up to 500% secondary tariff risk.

Scott Bessent warned that China could face 100% tariffs if it continues buying Russian oil, citing a pending bill that allows secondary duties up to 500%. https://kyivindependent.com/china-should-expect-100-tariffs-for-buying-russian-oil/ “The Chinese take their sovereignty very seriously. We don’t want to impede on …

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Real pay drops for 43%, inflation erases wage growth. Social Security checks to shrink $18,100 by 2033. Ground beef hits all-time high at $6.12 per pound

Prices climbed faster than paychecks again this quarter. Beef just broke $6.12. Social Security faces a mandatory 24% slash starting January 2033. And 40% of U.S. workers now earn less than the inflation-adjusted cost of living. Indeed’s real-pay tracker posted …

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