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The US Navy wants to build a new “AI-first” fleet, and it’s betting that better data, faster technology adoption, and more tech-savvy sailors will help make it happen. The service’s newly released strategy focuses on using AI and data in more ways and relies on ensuring sailors are proficient with the technology and can keep…
Oil prices drop 1% as weak demand outlook offsets supply uncertainty
In a Monday note, CIBC senior economist Andrew Grantham summed up the file as “nothing to worry about.” According to the Financial Post, Grantham wrote that the subdued core readings mean no rush to raise rates, giving policymakers time to weigh oil swings, tariffs, and whether the activity rebound holds. CIBC forecasts no change until around mid-2027. …
The New York Times on Wednesday asked a federal judge to quash Justice Department subpoenas to journalists who reported on security flaws in President Donald Trump’s new Air Force One plane. David McCraw, the paper’s top lawyer, called the subpoenas “abusive” and “improper” in a statement. “As we set out in our motion, these subpoenas…
Aerospace Industry Battles for Young Recruits as AI Attracts New Talent By Joanna Plucinska and Shivansh Tiwary Challenges and Opportunities in Attracting the Next Generation of Aerospace Engineers FARNBOROUGH, England, July 24 (Reuters) – For Hassan Butt, a 17-year-old British student volunteering at the Farnborough airshow this week, there was nothing cooler than watching the…
TRM Labs has noted that on July 24, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) significantly widened its Iran-related sanctions by designating additional individuals and companies linked to Iranian businessman Babak Zanjani and the associated Dot One commercial network. Previous measures had focused mainly on the cryptocurrency platforms Zedcex…