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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…
President Trump is adding a new 10 percent tariff on nearly all imports to the United States, following a Supreme Court ruling that overturned most of the levies imposed by…
Last month, Jason Grad issued a late-night warning to the 20 employees at his tech startup. “You’ve likely seen Clawdbot trending on X/LinkedIn. While cool, it is currently unvetted and high-risk for our environment,” he wrote in a Slack message…
America’s hottest housing markets aren’t in flashy coastal cities — they’re in communities across the Midwest and South. Even as the national market cools, areas in states like Missouri and Kentucky are seeing double-digit price growth while remaining within reach…
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…
As electric vehicles have gone mainstream, buyers are facing a smorgasbord of options, and Tesla—once untouchable—is no longer the dominant force. Last year was a tough one for Elon Musk’s auto brand: Sales efforts faltered, and the company lost its title of world’s largest EV maker to China’s BYD.Today, it…
A group of 23 Democratic US senators sent a letter Friday to the top federal regulator overseeing prediction markets, urging the agency to avoid weighing in on pending court cases…
Mortgage rates inched lower 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…
On June 6, 2024, Esther Yan got married online. She set a reminder for the date, because her partner wouldn’t remember it was happening. She had planned every detail—dress, rings, background music, design theme—with her partner, Warmie, who she had…
A new study finds that the median American worker has just $955 saved for retirement through a defined contribution plan like a 401(k) account, with most falling well short of recommended retirement savings targets for their ages. The study by the…
Democratic Gov. Gavin Newsom is taking a direct shot at the Trump administration, expanding a state mortgage relief program to $100,000 per household while accusing the White House of “turning its back” on California fire survivors. On Thursday, Newsom announced…
The Principal Financial Group (The Principal®) is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management…
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Money & Finance
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High schools around the country are experimenting with new ways to teach students about personal finance, as educators look to boost students’ knowledge about finance and investing. Financial literacy is a growing focus of policymakers as nearly 30 states have…
Mortgage affordability is at a four-year high after rates fell in January, with the White House touting President Donald Trump’s economic policies and maintaining his…
Mortgage rates ticked higher this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate…
Business & Startup
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OpenAI will not use the name “io” for its forthcoming line of AI hardware devices, according to a Monday court filing.The motion is part of a trademark infringement lawsuit filed last year by audio device startup iyO, which sued OpenAI…
Google and Meta both deny the allegations in the complaint. “Providing young people with a safer, healthier experience has always been core to our work,”…
More Than 880 employees and contractors working for Google signed a petition this week calling on the company to disclose and cancel any contracts it…
Politics & Economy
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Published: Feb. 27, 2025 at 12:43 p.m. ETThe latest look at U.S. inflation is unlikely to ease the worries on Wall Street or at the Federal Reserve, but it probably won’t add to the anxiety.The so-called PCE index, the Fed’s preferred…
Last Updated: March 3, 2025 at 4:04 p.m. ETFirst Published: March 3, 2025 at 2:55 p.m. ETInflation traders are positioning for a consumer-price index that produces a…
CryptoLast Updated: March 2, 2025 at 9:08 p.m. ETFirst Published: March 2, 2025 at 3:40 p.m. ETCryptocurrency prices surged Sunday after President Donald Trump announced certain digital…
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Anthropic is locked in a paradox: Among the top AI companies, it’s the most obsessed with safety and leads the pack in researching how models can go wrong. But even though the safety issues it has identified are far from…
Since the middle of last year, there have been at least three major AI “acqui-hires” in Silicon Valley. Meta invested more than $14 billion in Scale AI and brought on its CEO, Alexandr Wang; Google spent a cool $2.4 billion…
Wall Street giant Citi on Thursday informed the company’s U.S.-based employees that the firm plans to match the federal government’s seed contribution to newborns’ Trump Accounts and will also donate to efforts to boost participation. Citi sent an internal message,…
Five years ago, mathematicians Dawei Chen and Quentin Gendron were trying to untangle a difficult area of algebraic geometry involving differentials, elements of calculus used to measure distance along curved surfaces. While working on one theorem, they ran into an…
Homebuilders are reportedly developing a plan to address prospective buyers’ concerns about affordability with what they’re calling “Trump homes” that would cater to first-time homebuyers. Bloomberg, citing sources familiar with the matter, reported that homebuilders, including Lennar Corp., are developing…
This article was written byFollowI have a strong inclination towards high-growth companies, often treading in sectors poised for exponential expansion. My expertise lies in understanding and investing in disruptive technologies and forward-thinking enterprises. My approach is a mix of fundamental…
Elon Musk’s rocket and satellite company SpaceX is acquiring his AI startup xAI, the centibillionaire announced on Monday. In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,”…
The Trump administration is rolling out the new “Trump Accounts” that will aim to provide children with a jump start on savings and investment that could grow into a substantial nest egg by the time they reach adulthood. Trump accounts…
Peter Thiel—the billionaire venture capitalist, PayPal, and Palantir cofounder, and outspoken commentator on all matters relating to the “Antichrist”—appears at least 2,200 times in the latest batch of files released by the Department of Justice related to convicted sex offender…
Middle-income Americans are continuing to feel financial strain and say their income is being outpaced by the rising cost of living, according to a new nonprobability-based analysis by Primerica. The financial services firm released the latest edition of the Primerica U.S.…
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Ruane Cunniff LP is a registered investment adviser best known for managing Sequoia Fund. Ruane Cunniff LP also runs separately managed accounts according to this same strategy. Ruane Cunniff LP…
Jensen Huang sure seems to be having a lot of fun in China this week. The Nvidia CEO has been spotted going for a leisurely bike ride and browsing a…
Treasury Secretary Scott Bessent said the Trump administration’s new Trump Accounts program has surged to roughly 1 million sign-ups, marking a sharp jump in participation after Wednesday’s summit that featured…
This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books…
The first Trump administration, and the tech industry that stood up to it, are both looking quainter by the day.Here’s one example: In 2017, when President Trump issued a series…
Allan LockhartFounder, CEO & Director We have once again delivered another strong quarter of operational performance with growing demand across our core markets, driving strong leasing activity and rising occupancy. Our operational metrics are trending positively, supported by resilient consumer spend across our portfolio.…
