This article was originally published by George Ford Smith at The Mises Institute.  Artificial intelligence is rapidly becoming one of the most capital-intensive industries in history. Consider: Semiconductor fabrication plants cost tens of billions of dollars. Massive data centers consume extraordinary amounts of electricity, sending power bills soaring. Specialized engineering talent commands premium wages. (Although the median salary for an AI professional is $160K annually, the top 1 percent of AI researchers receive compensation packages exceeding $1 million). Global supply chains must coordinate rare materials, precision manufacturing, and complex infrastructure. Yet discussions about artificial intelligence almost never address the most important economic variable shaping its development:…

NEWYou can now listen to Fox News articles! “The Late Show” host Stephen Colbert mocked Paramount for canceling his show after being honored at the 2026 Writers Guild Awards Sunday night.At the ceremony, Colbert received the Walter Bernstein Award for demonstrating, with “creativity, grace and bravery, a willingness to confront social injustice in the face of adversity” after his show’s recent cancellation by CBS and its parent company Paramount.Though Colbert denied connections between himself and the blacklisted Hollywood screenwriter behind the award’s name, he joked about Paramount effectively ending the “revolution” by ending his show.COLBERT ACCUSED OF ELECTION ‘STUNT’ TO…

CHRISTCHURCH, New Zealand — On March 4, when a U.S. Navy submarine torpedoed an enemy combatant for the first time since World War II, three Australian submariners were aboard.This was a contentious point for Canberra, as it is not a party to military actions against Iran.Two days later, Prime Minister Anthony Albanese confirmed the presence of Royal Australian Navy (RAN) sailors aboard the U.S. submarine when the Iranian frigate IRIS Dena was sunk.“We wouldn’t normally confirm such an issue, but given our meetings and the public interest, I can confirm that there were three Australian personnel on board that vessel,”…

NEWYou can now listen to Fox News articles! The wife of New York City Mayor Zohran Mamdani has gotten a pass from much of the media after reports that she liked social media posts celebrating the Oct. 7 massacre of Israelis carried out by Hamas.Rama Duwaji, a Houston-born illustrator who identifies as Syrian and married Mamdani in early 2025, liked several posts in the immediate aftermath of the Oct. 7, 2023 attack that were critical of Israel, Jewish Insider first reported. Duwaji also liked a February 2024 Instagram post claiming The New York Times’ investigation into sexual violence during the Oct. 7 attack…

NEWYou can now listen to Fox News articles! All Elite Wrestling star Jeff Jarrett for using a guitar as a foreign object to gain an advantage against his opponents inside and outside of the ring.Jarrett has been in professional wrestling for about 40 years, but first developed the guitar-smashing gimmick in the early 1990s when he was with the WWE. He carried it over to World Championship Wrestling, Total Nonstop Action Wrestling and later AEW. He gave a brief overview of some of the “unique” guitar shots he’s doled out over the course of his career.”It’s hard to name one…

NEWYou can now listen to Fox News articles! As the Pentagon keeps releasing video of bombs destroying parts of Iran, the smoke can’t obscure an increasingly urgent question here at home:How high a price are Americans willing to pay for this war?I don’t mean in terms of casualties, as the seven Americans killed so far is a relatively low figure, although each fallen soldier is a tragedy. Each should be honored for their sacrifice, as the first half dozen were in a Delaware ceremony attended by President Donald Trump and other dignitaries. It’s that the financial turmoil is really taking a…

NEWYou can now listen to Fox News articles! A federal judge in Oregon on Monday placed new limits on federal agents’ use of tear gas and other crowd-control munitions during protests outside the U.S. Immigration and Customs Enforcement building in Portland.U.S. District Judge Michael Simon issued a preliminary injunction in a lawsuit brought by the American Civil Liberties Union of Oregon on behalf of protesters and freelance journalists. The suit names the Department of Homeland Security and argues that officers’ use of chemical munitions amounts to retaliation that chills First Amendment rights.The order followed a three-day hearing in which plaintiffs…

NEWYou can now listen to Fox News articles! The fate of 21 members of Iran’s women’s national soccer team remained uncertain Tuesday after five teammates were granted asylum in Australia, leaving the rest of the squad to decide whether to return to a country still reeling from war.The Iranian team arrived in Australia for the tournament before the U.S.-Israeli attacks against Iran began on Feb. 28.An official roster lists 26 players, along with coaches and staff. While Australian authorities confirmed that five players were transported by federal police to a secure location overnight to finalize humanitarian visas, the remaining members…

NEWYou can now listen to Fox News articles! → A tourist’s death at Hawaii Volcanoes National Park renewed concerns that visitors are ignoring safety barriers and entering dangerous, off-limits areas. → Disneyland may eliminate its 11 a.m. park-hopping restriction, allowing eligible guests to switch between parks at any time of day.→ A popular vacation destination doubled its visitor tax to as much as $17 per person, per night, as officials address overtourism concerns. Conversation starters→ A major airline said it is considering adding extra cleaning for premium seats only, leading to backlash from passengers.→ A former “Saturday Night Live” cast member…

NEWYou can now listen to Fox News articles! President Donald Trump outlined five key items he believes will tip the upcoming midterm elections in the GOP’s favor — if Republicans can muscle them through Congress.”No transgender mutilation surgery for our children,” Trump told an audience at the Republican Members’ Issues Conference. “Voter ID, citizenship [verification], mail-in ballots, we don’t want men playing in women’s sports.””It’s the best of Trump. Those are the best of Trump. This is the number one priority, it should be, for the House,” Trump said.Trump’s exhortations to Republican lawmakers come as the GOP wages an uphill…

NEWYou can now listen to Fox News articles! Nearly half of California teachers plan to retire or quit in the next 10 years, according to a new survey. In California, the share of teachers who say they plan to retire in the next 10 years is between 40% and 49% with an estimate of 45%, Holly Kurtz, director of the Education Week Research Center, told Fox News Digital. Kurtz added that state teachers are on average older than teachers in many other states, according to the most recent federal data that is available. The average age of a California teacher is 45.5, while…

For over 100 years, Arlington National Cemetery has been the site of the Tomb of the Unknown Soldier, but it hasn’t always been guarded — or revered.Following the soldier’s 1921 internment, the burial site was unguarded and often treated as a tourist attraction by visitors. That is, until 1925, when “concern over the lack of respect led Army Maj. Gen. Fox Conner, the Army’s deputy chief of staff, to order an armed military guard on March 24, 1926,” according to the Department of Defense. The first sentinel was posted the very next morning, with soldiers from the 3rd Infantry Regiment…