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After years of chaos in the global supply chain, Ryan Petersen, CEO of the logistics company Flexport, felt 2026 might offer some modicum of order. The pandemic was firmly in…
Tax season is stressful enough, but avoidable mistakes can turn a routine filing into an expensive headache. With Tax Day approaching, here are five common filing missteps that could mean…
Small Business Administrator (SBA) Kelly Loeffler unveiled a sweeping fraud crackdown on Wednesday, announcing an audit of a decades-old $50 billion program she said has “never been looked at” and barring 112,000 borrowers from future aid over COVID-era loan fraud.…
At Anthropic’s first court hearing challenging sanctions imposed by the Trump administration, the AI tech startup asked the government to commit that it wouldn’t levy additional penalties on the company. That didn’t happen.“I am not prepared to offer any commitments…
A federal appeals court on Monday officially finalized the termination of the Saving on a Valuable Education (SAVE) plan, the Biden program that significantly lowered repayment rates for millions of student loan borrowers. The judgment, issued by the U.S. Court…
The manner in which Iran’s supreme leader Ayatollah Ali Khamenei was killed by the US and Israel — at work in his office with family members present — evoked for Mikaeel Dayani one of the central stories of Shia Islam: the martyrdom of Imam Hussein, the third imam and grandson…
Advanced Machine Intelligence (AMI), a new Paris-based startup cofounded by Meta’s former chief AI scientist Yann LeCun, announced Monday it has raised more than $1 billion to develop AI world…
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…
Move over Sora 2, there’s a hot new AI video model in town.In early February, ByteDance unveiled Seedance 2.0, a major upgrade to its flagship video model, which had previously remained fairly obscure. Its powerful capabilities immediately shocked the AI…
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…
I’ve spent the past few days asking AI companies to convince me that the prospects for AI safety have not dimmed. Just a few years ago, it seemed that there was universal agreement among companies, legislators, and the general public…
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Despite mortgage rates just dipping below the 6% mark, American homebuyers aren’t retreating just yet. While high mortgage rates have historically chilled demand, the latest data reveals a defiant consumer base: new home sales remain higher than year-ago levels, and…
Mortgage rates fell below 6% this week for the first time in three and a half years, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s…
New Real Estate ReportingStarting March 1, 2026, many common residential real estate transfers will trigger new federal reporting requirements (the “Rule”) from the Financial Crimes…
Business & Startup
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OpenAI has fired an employee following an investigation into their activity on prediction market platforms including Polymarket, WIRED has learned.OpenAI CEO of Applications, Fidji Simo, disclosed the termination in an internal message to employees earlier this year. The employee, she…
US President Donald Trump announced Friday that he was instructing every federal agency to “immediately cease” use of Anthropic’s AI tools. The move comes after…
US secretary of defense Pete Hegseth directed the Pentagon to designate Anthropic a “supply-chain risk” on Friday, sending shock waves through Silicon Valley and leaving…
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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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…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe writer is an FT contributing editor, visiting scholar at the Hoover Institution and author of a forthcoming book on…
This week, the Uncanny Valley team dives into the feud that has been brewing between Anthropic and the Pentagon—and what it says about how the government interacts with tech companies. Later, Zoë Schiffer tells us why figuring out whether you…
American Express has announced plans for the construction of a 55-floor building at 2 World Trade Center in New York City. It is anticipated that the building project will be finished in 2031, the company noted. Construction is slated to…
Federal Housing Finance Agency (FHFA) Director William J. Pulte said President Donald Trump is moving aggressively to drive down borrowing costs, deploying roughly $200 billion from Fannie Mae and Freddie Mac to purchase mortgage bonds — a step he said…
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…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Friedrich Merz met China’s second-ranked official Li Qiang on Wednesday, kicking off a visit to Beijing in which the German chancellor is…
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…
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Sharks are innocent. Or at least they’re not eating the internet. As a family of cartilaginous fish, sharks are collectively not guilty of most, if not all, charges of biting,…
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…
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…
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…
This article was written byFollowI am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.Analyst’s Disclosure: I/we have a beneficial long position in…
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 the US government last year.In an executive order signed Friday evening, Trump outlined a…
