News
Canada takes hard line on regional trade pact
44+ min ago (151+ words) The country's leader said a US liquor import ban could be lifted only if Washington ended tariffs on key Canadian products. Canada takes hard line on regional trade pact Canada and Mexico are taking differing stances ahead of a renegotiation…...
Awkward" Louisiana Senate race divides Republicans
9+ hour, 59+ min ago (850+ words) Louisiana is home to Mardi Gras, cajun cooking, and Republicans" most awkward Senate race. And Republicans are trying to save the Senate majority and Louisiana is a deep-red state that Democrats aren"t even contesting. That"s turned GOP groups…...
Questions swirl over UAE currency swap
1+ hour, 56+ min ago (160+ words) The United Arab Emirates" request for a US currency swap akin to Argentina"s has a math problem, experts tell Semafor. Treasury Secretary Scott Bessent recently endorsed the idea of a financial lifeline amid economic fallout from the war in…...
Exclusive: Progressives skeptical of tech billionaires" UBI support
1+ hour, 56+ min ago (215+ words) House progressives are looking askance at the recent embrace of universal basic income by tech billionaires like Elon Musk and Open AI's Sam Altman. Musk has lately posted about the need for a "Universal HIGH INCOME via checks issued by…...
Some experts dismiss "apocalyptic talk" of Hormuz disruptions
12+ hour, 42+ min ago (260+ words) The economic damage might fall short of an all-out catastrophe, some analysts argued. Some experts argued the Strait of Hormuz closure may not lead to an all-out economic catastrophe, as the prevailing narrative suggests The Brookings Institution's Robin Brooks wrote…...
US reclassifies marijuana as less harmful substance
6+ hour, 15+ min ago (138+ words) The decision removes some barriers to research and generates tax benefits for the legal cannabis industry. US reclassifies marijuana as less harmful substance The Trump administration reclassified marijuana as a less harmful substance on Thursday, removing barriers to research and…...
Trump says he's "looking' at buying Spirit Airlines
6+ hour, 15+ min ago (351+ words) The US government will buy a stake in Spirit Airlines if it can "get it for the right price," President Donald Trump said Thursday. "We're thinking about doing it, helping them out, meaning bailing them out, or buying it " I…...
China stockpiled three times as much crude as the US in 2025
6+ hour, 15+ min ago (274+ words) report shows'Semafor China stockpiled three times as much crude as the US in 2025 China stashed more than three times as much crude oil as the US in 2025, new data shows. The US government report underscores how intensely China worked to…...
Trump issues "shoot and kill" order amid Hormuz standoff
6+ hour, 15+ min ago (272+ words) Semafor Trump issues "shoot and kill" order amid Hormuz standoff US President Donald Trump ordered the Navy to "shoot and kill" Iranian boats placing mines in the Strait of Hormuz, escalating the bitter stalemate over the key waterway. The directive…...
US accuses China of AI theft
12+ hour, 49+ min ago (259+ words) Semafor US accuses China of AI theft The Donald Trump administration accused China of running "industrial-scale campaigns" to steal the capabilities of American AI models. While the charge itself isn't new " Anthropic and Open AI have said Chinese rivals tried…...