Modern large language models (LLMs) might write beautiful sonnets and elegant code, but they lack even a rudimentary ability to learn from experience.Researchers at Massachusetts Institute of Technology (MIT) have now devised a way for LLMs to keep improving by…

The Social Security trustees released their latest annual report, evaluating the finances of the country’s premier social program. It faces manageable financial challenges that could become easier if policymakers took large, meaningful steps in the right direction. Social Security, or…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.OpenAI chief executive Sam Altman has accused Mark Zuckerberg’s Meta of trying to poach his developers with the promise of $100mn sign-on…

This article was written byFollowI write about both public equities and credit with a focus primarily on special situations: reorgs, M&A, spinoffs, and stockholder activism. I spent close to 10 years at a large restructuring advisory firm working as a…

In her new book, Bad Company: Private Equity and the Death of the American Dream, journalist and WIRED alum Megan Greenwell chronicles the devastating impacts of one of the most powerful yet poorly understood forces in modern American capitalism. Flush…

Growing up, my parents always visited the same drug store on the main street in our small town. They were on a first-name basis with the pharmacist, who worked at that store until he retired. That was very typical of…

Stay informed with free updatesSimply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox.The International Energy Agency has predicted that global oil supplies will substantially outstrip demand this year even as the escalating…

This article was written byFollowMr. Mavroudis is a professional portfolio manager specializing in institutional and private portfolios. He focuses on risk management, which is accompanied by in-depth financial market analysis (fundamental, macro and technical) to control the risk undertaken by…

Other filings suggested a recession could come even earlier. The community bank Hanmi Bank, under its holding company Hanmi Financial Corp., said in an SEC filing that “the combination of tariffs, rising inflation, deportations, global political unrest and tensions, and…

American Express has significant updates in the pipeline for its Platinum credit cards.  The company’s U.S. consumer and business Platinum Cards are slated to get “major” updates “later this year,” American Express said.American Express executive Howard Grosfield said Monday in…