Zachary Basu

Articles by Zachary Basu

America's capital crunch: Soaring debt collides with AI spending spree - Axios

Business August 22, 2026

Zoom in: President Trump said in 2016 that he could eliminate what was then roughly $19 trillion in national debt within eight years. On Tuesday, the debt crossed $40 trillion, after growing by $3 trοΏ½...

Exclusive: Nvidia's Jensen Huang defends Chinese AI amid Kimi panic - Axios

Business July 23, 2026

Among them are Nvidia's own customers, OpenAI and Anthropic, which have accused Chinese rivals of siphoning capabilities from their models and warned that Beijing's open-source surge threatens AmericοΏ½...

Exclusive: Meta's Dina Powell McCormick calls for AI rivals to center "humanity" - Axios

Business January 21, 2026

Driving the news: Powell McCormick Β a former Goldman Sachs executive and top official in both the George W. Bush and Trump administrations Β is eight days into her new role. Her background s… [+2...

BlackRock chief Larry Fink warns Davos: Capitalism must evolve - Axios

Business January 20, 2026

Outside of the United Nations, this year's conference marks "the largest gathering of global leadership of the post-COVID era," Fink will say in his opening remarks Tuesday."But now … [+1848 chars]

Trump's heavy hand tightens grip on U.S. economy - Axios

Business January 15, 2026

Trump is trying to reverse his sagging approval ratings by brute force, leaning on populist instincts to deliver visible cost relief before November.The result: institutional stabili… [+3556 chars]