The U.S. welcome mat is rolling up — at least that’s how some international travelers see it, according to the World Travel & Tourism Council, a global organization representing the travel and tourism industry. And the cost for that hospitality lapse will be high. The United States is on track to lose $12.5 billion in…
President Trump on Friday proposed slashing $163 billion in federal spending next fiscal year, a drastic retrenchment in the role and reach of government that, if enacted, would eliminate a vast set of climate, education, health and housing programs, including some that benefit the poor. Issuing his first budget proposal since returning to office, Mr….
Since the release of the ChatGPT chatbot in 2022, Microsoft has plowed more and more money into building data centers in what one industry analyst called “the largest infrastructure build-out that humanity has ever seen.” But after 10 consecutive quarters of increased spending for artificial intelligence, the company has put on the brakes, according to…
During a 24-hour swing through Copenhagen last month, Eric Slesinger met with engineers making maritime drones, developers of war-planning software and an adviser to NATO. He had recently visited London for a dinner with a senior British intelligence official and would soon head to the Arctic to learn about the technologies that could handle extreme…
At the end of a three-hour hearing last month, Senator Ruben Gallego, Democrat of Arizona, sided with a group of Republicans in a hotly contested debate. He voted to advance the GENIUS Act, a bill backed by the cryptocurrency industry. “It’s clear that digital assets are here to stay,” Mr. Gallego said after the Senate…
A few days ago, Robert F. Kennedy Jr., the health secretary, embarked on a media tour to defend his decision to lay off thousands of his department’s workers. He announced a plan last week to cut 10,000 jobs, in addition to the estimated 10,000 jobs cut through retirements and buyouts in the early weeks of…
