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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…
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…
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…
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 jobs at Anthropic have made a DISASTROUS MISTAKE trying to…
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,…
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…
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…
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…
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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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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, chomping, chewing, or otherwise attacking the underwater network of fiber-optic…
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…
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…
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.Donald Trump’s tariffs are “likely” to put at risk the Federal Reserve’s goals of keeping prices and unemployment in check, chair Jay…
Paresh Dave: Absolutely. The timing when some of those moves were first announced was viewed as kind of suspicious because it was right around when these investigations into Meta and these cases started getting filed against Big Tech companies.Zoë Schiffer:…
A federal judge threw out a U.S. Consumer Financial Protection Bureau (CFPB) rule Tuesday that capped all credit card late fees at $8. U.S. District Judge Mark Pittman of the U.S. District Court for the Northern District of Texas approved…
Married student loan borrowers on income-driven repayment (IDRs) appeared to no longer have to worry about the possibility of an increase in the size of their monthly payments, according to Forbes. The outlet on Wednesday reported the Department of Education Acting…
An investment market decline can create financial opportunities for alert investors, whether the decline is short and sharp or long and drawn out. Market declines can present opportunities for those who put emotions aside, ignore the headlines, and consider which…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.ASML said orders of its chipmaking machines fell short of market estimates by almost €1bn, as chief executive Christophe Fouquet warned that…
A New Mexico man is facing federal charges for two separate incidents of alleged arson—one at an Albuquerque Tesla showroom and one at the New Mexico Republican Party’s office—according to a Monday press release from the Department of Justice.Jamison Wagner,…
In homes across America, a quiet crisis is unfolding. The “sandwich generation” – adults simultaneously caring for their children and aging parents – finds itself increasingly stretched thin, facing a perfect storm of caregiving responsibilities, financial pressures, and growing uncertainty…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldShares of global carmakers rose on Tuesday after Donald Trump signalled there would be “help” for the industry, in a…
The wife of data privacy professor Xiaofeng Wang, who was fired from his tenured job at Indiana University, Bloomington (IU) the same day the couple’s houses were searched by the Federal Bureau of Investigation last month, said on Monday that…
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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…
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…
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 this week. Last year was dismal for the real estate market, and he expects…
