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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…
OpenAI CEO Sam Altman is still in the hot seat this week after his company signed a deal with the US military. OpenAI employees have criticized the move, which came…
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…
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 said, “used confidential OpenAI information in connection with external prediction…
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…
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…
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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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…
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…
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…
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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This article was written byFollowMMMT Wealth is run by Oliver, a CPA working in the financial services sector mainly in private equity, hedge funds, and asset management. MMMT Wealth began in 2023 when Oliver started writing online mainly on X…
On Wednesday, President Donald Trump announced the US was imposing reciprocal tariffs on a small collection of Antarctic islands that are not inhabited by humans, as part of a global trade war aimed at asserting US dominance. The Heard and…
As a financial advisor, I have set my eyes on thousands of portfolios—but none as compelling or meaningful as the one Dr. Meir Statman described to me. In our recent conversation to discuss his newest book, A Wealth of Well-Being,…
The Vomero 18 running shoe on display at a Nike store in New York features thick soles, a $150 price tag and tongue labels woven with the message “Made in Vietnam”. That last fact is a big problem for Nike’s plans…
This article was written byFollowMy main area of interest is algorithmic trading and trading strategies. However, I am also very interested in macroeconomic topics, especially since I lived and studied in Shanghai for half a year. That is why I…
Silicon Valley let out a sigh of relief on Wednesday when it learned that President Donald Trump’s tariff bonanza included an exemption for semiconductors, which, at least for now, won’t be subject to higher import duties. But just three days…
Miss a credit card payment and you pay a late fee and interest. Return a library book after the due date and there’s a fine. Miss your chance to enroll in Medicare and you face late enrollment penalties. However, unlike…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe writer is author of the forthcoming book ‘Hayek’s Bastards: The Neoliberal Roots of the Populist Right’For years, rightwing populist…
This article was written byFollowMy main area of interest is algorithmic trading and trading strategies. However, I am also very interested in macroeconomic topics, especially since I lived and studied in Shanghai for half a year. That is why I…
Dizzied by an accumulated pileup of busted norms, you might have missed a presidential executive order issued on March 20. It’s called, “Stopping Waste, Fraud, and Abuse by Eliminating Information Silos.” It basically gives the federal government the authority to…
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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…
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…
“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…
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 so, no,” he replied…
