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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…
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…
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 growing number of seniors in recent years, the answer has…
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…
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.…
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…
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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…
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…
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…
Business & Startup
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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…
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…
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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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Australia’s Prime Minister Anthony Albanese has met President Xi Jinping in Beijing as he seeks to reaffirm ties with China amid global…
General Motors has just announced its latest and likely final piece in what now appears to be a three-pronged cell-chemistry strategy to power GM’s lineup of a dozen EVs through the end of the decade and beyond.GM has stated today…
Last fall, I attended a workshop and spotted a young woman wearing the most beautiful shawl. I asked her where she got it and she said, “I made it myself.” When I asked her if I could pay her to…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldEuropean stocks slipped on Monday morning as investors responded to Donald Trump’s threat of 30 per cent tariffs on the…
This article was written byFollowI have over 15 years of experience investing and have provided research services to mid-sized hedge funds with assets under management between $100 and $500 million. I also have had a brief stint as a sell-side…
Nearly 100,000 car buyers of 2025 model-year autos were asked what they thought of their gleaming new rides. The results are revealing, to say the least. Want to know who was the worst performer? That ignominy goes to Audi, with…
I ntroduction The One Big Beautiful Bill Act (OBBBA) is now law. One of the myriads of tax benefits it has changed is charitable deductions. There are a number of prominent changes to charitable tax deduction rules, but the bigger…
Boston Consulting Group was paid more than $1mn for work with a private US company trying to move food into Gaza by sea, over the same period it began a controversial association with the Gaza Humanitarian Foundation, the Financial Times…
I first learned about The Clause from Microsoft CEO Satya Nadella. During an interview with him in May 2023, I asked about the deal between Microsoft and OpenAI that granted his company exclusive access to the startup’s groundbreaking AI technology.…
June 22 marked one of the first days of summer, but in the Northeast, it felt less like a solstice and more like a furnace. Cities from St. Louis to Boston reported heat indices above 105 degrees Fahrenheit. New York’s…
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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…
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…
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…
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…
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…
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 started talking to just…
