Stories that are getting the most attention from our readers this week.
A fresh social‑media attack from President Trump calling Fed Chair Jerome Powell a “major loser” rattled markets Monday, knocking the U.S. Dollar Index to a three‑year low and sparking a 2.4% drop in the S&P 500. Fears about Fed independence and an escalating tariff war drove investors toward gold and other safe‑haven assets.
Netflix chief Ted Sarandos reignited the streaming-versus-cinema clash by calling traditional theatrical moviegoing “an outmoded idea” for most viewers. Though Netflix occasionally grants limited theatrical releases for prestige films, Sarandos insists the global streaming audience far outweighs box-office returns. His bold statement rattles Hollywood studios and theater owners, who argue that box-office hits remain cultural events unmatched by at-home streaming.
Cluely, branding itself as an AI-based “cheat on everything” service, debuted with a viral video demonstrating how users can lie to dates or pass interviews by receiving covert on-screen prompts. The founder raised millions in funding, claiming this is just another form of everyday tech assistance. Alarmed observers worry the app encourages deception, further blurring lines between skill, authenticity, and AI-driven manipulation.