Author: TheCuriousLoop

The artificial intelligence race has evolved into what experts call a modern-day “prisoner’s dilemma,” forcing tech giants into a spending spiral they can’t escape. Tony Yoseloff, chief investment officer at Davidson Kempner Capital Management, explained that companies must invest because their peers are investing, creating a competitive dynamic where falling behind means losing market position Yahoo Finance. This expensive standoff doesn’t just affect Silicon Valley—it’s reshaping the entire American economy and every investor’s portfolio. The stakes are astronomical. Big Tech firms Amazon, Alphabet, Microsoft, and Meta are set to spend as much as $364 billion in their respective 2025 fiscal…

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The Trump administration has confirmed that millions of Americans will receive only half their usual food assistance benefits this November, as the government shutdown enters its second month. This unprecedented decision affects over 42 million people who rely on the Supplemental Nutrition Assistance Program (SNAP) for essential nutrition support, marking the first time in the program’s 60-year history that benefits have been suspended due to a funding lapse. Quick Takeaways Understanding the SNAP Benefits Crisis What Happened to SNAP Payments? The Trump administration told a federal judge it will use contingency funds to provide partial Supplemental Nutrition Assistance Program (SNAP)…

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