BusinessYear-Old AI Lab Flapping Airplanes Raises One Billion Dollars at Six Billion Dollar Valuation
Silicon Valley startup Flapping Airplanes announced billion Series A at billion valuation, quadrupling its value in ten months with biological AI approach to data-efficient model training.
FinanceAmerican Household Debt Hits 18.8 Trillion Dollars as Credit Card Balances Surge to Record Levels
Federal Reserve data shows total U.S. household debt reached 8.8 trillion in Q1 2026, with credit card balances hitting .25 trillion and delinquency rates climbing to 4.8 percent.