WASHINGTON (AP) — Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, the nonpartisan Congressional Budget Office said Thursday. The CBO’s latest long-term budget and economic outlook report — for a timeframe that spans 2025 to 2055 — projects publicly held debt to reach 156%…… MORE
TORONTO (AP) — Canadian Prime Minister Mark Carney says he will talk to U.S. President Donald Trump soon after Trump announced 25% tariffs on auto imports. Carney said Thursday that Trump reached out Wednesday night to schedule a call. Trump says that he’s placing 25% tariffs on auto imports. Carney said that “we will be…… MORE
LOS ANGELES (AP) — Fans of Studio Ghibli, the famed Japanese animation studio behind “Spirited Away” and other beloved movies, were delighted this week when a new version of ChatGPT let them transform popular internet memes or personal photos into the distinct style of Ghibli founder Hayao Miyazaki. But the trend also highlighted ethical concerns…… MORE
HARTFORD, Conn. (AP) — A former executive of a subsidiary of famed candymaker Mars Inc. has been charged with stealing more than $28 million from the company in various schemes. Paul Steed of Stamford, Connecticut, was arrested on multiple wire fraud and tax evasion charges on Wednesday. He pleaded not guilty in federal court in…… MORE
GameStop shares plunged Thursday after the company’s plans to sell debt to fund purchases of bitcoin raised some questions on Wall Street. The video game retailer announced a private offering of $1.3 billion in debt. The company said earlier this week that it plans to pursue bitcoin as a reserve asset. It will use proceeds…… MORE