The public markets are thinning, the private markets are exploding, and AI is wholly destabilizing both. Consider the past week’s software meltdown: AI fears and stalled market dynamics vaporized $1 trillion in market value, rippling down to private companies. “The…
For the past 12 months, investors and consumers had settled into the idea of a ‘K-shaped economy.’ Be it jobs or spending, the K-shape illustrated a growing divide between the fortunes of the wealthy and everyone else. Those at the…
TikTok, owned by Chinese tech giant ByteDance, may have just figured out how to keep its platform operating in the U.S. Yet the next frontier for China’s tech platforms will likely be closer to home. Xiaohongshu—known internationally as RedNote—is gaining…
Mark Zuckerberg is reportedly adding to his growing list of luxury homes with a waterfront property in the most in-demand section of one of most exclusive neighborhoods in America. The Meta CEO and his wife, Dr. Priscilla Chan, are reportedly…
Sir Demis Hassabis, the recently minted Nobel laureate and CEO of Google DeepMind, believes humanity is standing on the precipice of a “new golden era of discovery.” But reaching this utopia will require navigating a turbulent transition period—a decade-long sprint…
Officially, Rich Ruohonen is listed as the alternate on the U.S. men’s Olympic curling team in Milan-Cortina. Unofficially, he might be the most indispensable 54-year-old personal injury attorney in the Olympic Village. He’d also be the oldest American to ever…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jes Staley was named as a trustee of Jeffrey Epstein’s estate up until at least 2015, newly released documents show,…
“Merzoni” isn’t a neologism that easily trips off the tongue, and it hasn’t fully taken hold in the world of European politics. Yet, for months, a pragmatic alliance between German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni has…
At age 22, Eileen Gu is one of the best freestyle skiers in the world—amassing four Olympic medals to her name. She’s also a student at Stanford University studying international relations, currently on leave for the 2026 Milan-Cortina Olympic Games. But…
Apollo chief economist Torsten Slok has found a head-scratcher buried in the financial data: For years, the price of gold and real interest rates have been inversely correlated; as interest rates rise, the price of gold goes down. Now, however,…