March 12, 2026 2:24 pm EDT
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Stay informed with free updatesSimply sign up to the Global Economy myFT Digest — delivered directly to your inbox.Will the war in Iran be short? That’s what US President Donald Trump promised the world just a few days ago. Yet…

South Korean officials have warned that the US-Israel war with Iran could hit the global semiconductor supply chain if it disrupts the flow of critical industrial materials from the Middle East.South Korea’s semiconductor sector, led by giants like Samsung Electronics…

Tony Tyler was determined to find work abroad after he graduated with an Oxford law degree in 1977. After applying to a smattering of shipping and logistics groups he discovered Swire, the British-owned, pan-Asian conglomerate.“They said: ‘Look, you go out to Hong Kong . . . to work in the east and you’ll never…

Mortgage rates ticked higher to 6% this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6% from last week’s reading…

Anthropic might have misgivings about giving the US military unfettered access to its AI models, but some startups are building advanced AI specifically for military applications.Smack Technologies, which announced a $32 million funding round this week, is developing models that…

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More than 70 million Americans receive benefits from the Social Security Administration—whether retirement, disability, or Supplemental Security Income (SSI). One big question recipients face ever year at tax time: Do I owe federal income tax on those benefits? For a…

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Riley Walz, a software engineer famous for his online stunts, is joining OpenAI to research and develop new ways for humans to interact with AI, WIRED has learned. An OpenAI spokesperson confirmed the hire.Walz built a reputation as Silicon Valley’s…

President Donald Trump said his administration plans to make housing more affordable for new homebuyers while keeping home values high for existing homeowners. Trump delivered his State of the Union address to a joint session of Congress on Tuesday night and touted…

Last night at the State of the Union, President Trump announced an executive action to create a federal retirement savings option for workers without employer-sponsored plans. “My administration will give these often-forgotten American workers — great people, the people that…

The Blake Lemoine incident is remembered today as a high‑water mark of AI hype. It thrust the whole idea of conscious AI into public awareness for a news cycle or two, but it also launched a conversation, among both computer…

A new analysis finds prospective homebuyers have seen their purchasing power rise in the last year due to higher incomes and lower mortgage rates. Zillow published a report on Monday that found a median-income U.S. household can now comfortably afford a…

When Anthropic last year became the first major AI company cleared by the US government for classified use—including military applications—the news didn’t make a major splash. But this week a second development hit like a cannonball: The Pentagon is reconsidering…

Investment firms are on track for an enormous payday after the Supreme Court of the United States (SCOTUS) struck down President Donald Trump’s signature tariff policy on Friday.When Trump introduced sweeping tariffs on foreign goods last April, hedge funds and…

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This will not be a banner year for the real estate app Zillow. “We describe the home market as bouncing along the bottom,” CEO Jeremy Wacksman said in our conversation this week. Last year was dismal for the real estate market, and he expects…

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