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Feb 26, 2026
Economist Wins Big by Betting Against Musk's DOGE Spending Cuts
Economist Alan Cole cashes in on his prediction against Elon Musk's ambitious Department of Government Efficiency (DOGE) goals, highlighting the gap between governmental promises and financial realities. Cole raked in $470,300 with a $128,000 profit, after wagering his life savings against the projected success of Musk's initiative on Kalshi's prediction market. The DOGE's failure to deliver on its grandiose spending cut promises echoes through fiscal, social, and political debates.
Feb 2, 2026
Oracle May Slash Up to 30,000 Jobs to Fund AI Ambitions
In a bold move to fund its ambitious AI infrastructure expansion, Oracle is reportedly considering cutting 20,000 to 30,000 jobs. The potential layoffs are part of Oracle's strategy to generate billions in cash flow to support a partnership with OpenAI requiring millions of GPUs. This initiative comes amid financial pressures and rising interest rates from US banks.
Dec 18, 2025
Jared Isaacman Confirmed as NASA Administrator: A New Era of Space Leadership?
In a groundbreaking move, the U.S. Senate has confirmed billionaire Jared Isaacman as the new NASA Administrator, bringing an entrepreneurial flair and a vision for efficiency to the space agency. With a background as the founder of Shift4 Payments and a private astronaut, Isaacman promises to streamline operations and enhance STEM initiatives. His confirmation ends over a year of interim leadership at NASA, and all eyes are on how his ties with SpaceX and his ambitious 'Project Athena' will shape the future of space exploration.