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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…
Operator Good evening, and welcome to Universal Music Group’s Fourth Quarter and Full Year Earnings Call for the period ended December 31, 2025. My name is Nadia, and I’ll be…
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…
In the lead-up to the United States and Israel’s attack on Iran, prediction markets saw a frenzy of activity tied to the conflict. Speculators rushed to guess when the first missile strikes would begin and who might be impacted, placing…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Blackstone’s flagship private credit fund was hit with $1.7bn of net outflows in the first quarter after an exodus from the asset…
Uber’s delivery service pays for every pickup and drop-off as well as a per-mile rate, along with any tips given by customers. In some cities, drivers also get a per-minute rate. This means that refusing to take an order has a direct impact on earnings.The driver for Deliveroo added that…
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…
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…
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 Anthropic and top officials clashed for weeks over military applications of artificial intelligence.”The Leftwing nut…
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 latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year…
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 Enforcement Network (FinCEN).The stated purpose of these rules is to reduce the ability to use…
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 many companies scrambling to understand whether they can keep using one of the industry’s most…
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Money & Finance
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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…
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…
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…
Business & Startup
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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…
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…
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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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…
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 the shares of WPC, O either through stock ownership, options,…
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…
“Lin cannot seriously dispute that the decision to allow opioid sales on Incognito was his own,” the prosecution’s filing reads. “And, Lin made that decision knowing full well that encouraging opioids is tantamount to welcoming fentanyl poisonings.”Yet portions of the…
Zuckerberg repeatedly fell back on accusing Lanier of “mischaracterizing” his previous statements. When it came to emails, Zuckerberg typically objected based on how old the message was, or his lack of familiarity with the Meta employees involved. “I don’t think…
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…
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…
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 over the legality of offerings on the platforms tied to…
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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,…
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…
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…
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…
Many people suspect that these bots are part of an AI company’s effort to collect training data from web pages. In 2025, AI bots accounted for a significant portion of overall web traffic, which crawl the internet for text and other information to feed…
