Investors wobbled last week as they worked through the disruption AI is likely to cause across global industries, with further hiccups potentially bubbling through this week. But the reckoning should have been expected, argued Deutsche Bank in a note to…
Many Americans feel stuck in their jobs. Gen Z workers are accepting whatever gig they can land, while mid-career professionals are keeping their heads down in a crushing labor market. But millionaire podcast personality Mel Robbins believes that the feeling…
Stephen Schwarzman built one of the world’s largest private-equity firms. Now, he’s reportedly focused on building one of the biggest philanthropic foundations. Schwarzman in 1985 cofounded Blackstone, which now has more than $1.3 trillion in assets under management, and now…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Senior German defence officials have pledged to channel more money into innovation and start-ups amid mounting criticism over how the…
The pace of change in Silicon Valley is relentless. New AI tools and large language models seem to drop every week, and many workers are feeling the pressure to constantly reskill just to avoid falling behind. But according to Cisco…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Cuts to overseas aid by the UK are set to go further and faster than those made by the Trump…
The latest estimates from the Congressional Budget Office show that the Social Security trust will run out of money by fiscal year 2032, which starts on October 2031. That means anyone who wins a Senate seat in this year’s midterm…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Like many other countries, the UK confronts insoluble long-term challenges: it has inescapable obligations that impose painful trade-offs. Given its…
Lawmakers and the White House offered no signs of compromise Sunday in their battle over oversight of federal immigration officers that has led to a pause in funding for the Department of Homeland Security. A partial government shutdown began Saturday after congressional Democrats…
A glove containing DNA found about two miles from the house of “Today” show host Savannah Guthrie’s mother appears to match those worn by a masked person outside her front door in Tucson the night she vanished, the FBI said Sunday. The…