What happens if investors lose faith in America?(paulkrugman.substack.com) I used to be an economics ambulance-chaser — someone who raced around the world to wherever there was an interesting economic calamity. And this international experience probably made me more sensitive than most economists to the way economies that seem to be doing OK can suddenly fall off a cliff into economic crisis.
DJI drones are everywhere. The U.S. may still ban them(restofworld.org) Drones from Chinese giant DJI are deeply embedded in American life. With a potential ban looming, the company has until the end of the year to convince U.S. lawmakers it does not pose a national security threat, amid trade tensions between the two countries.
It's Far Too Soon to Let Supersonic Flights Rip Across the Country(jalopnik.com) While Boom Supersonic boasted about there being no audible sonic boom on the ground during the final test flight of its XB-1 demonstrator in February, its prospective airliner still isn't allowed to break the sound barrier over the United States.
U.S. Downgraded by Moody's as Trump Pushes Costly Tax Cuts(nytimes.com) The credit rating of the United States received a potentially costly downgrade on Friday, as the ratings firm Moody’s determined that the government’s rising debt levels stood to grow further if Republicans enact a package of new tax cuts.
Moody's Ratings Downgrades United States Ratings to Aa1 from Aaa(moodys.com) New York, May 16, 2025 -- Moody's Ratings (Moody's) has downgraded the Government of United States of America's (US) long-term issuer and senior unsecured ratings to Aa1 from Aaa and changed the outlook to stable from negative.