PayPal will waive $30 million in processing fees for $1 billion in small business transactions as part of a new settlement with the Department of Justice (DOJ) signed on May 12. The settlement resolves a DOJ investigation into PayPal over a 2020…
Anthropic’s Claude is telling people to go to sleep and users can’t figure out why. A quick scan of Reddit reveals that hundreds of people have had the same issue dating back months—and as recently as Wednesday. Claude’s sleep demands…
Federal Reserve Governor Stephen Miran said he will resign from the central bank effective once incoming Chair Kevin Warsh is sworn into office, or shortly before. The move by Miran was expected given his seat on the Fed’s Board of…
As hyperscalers like Alphabet look to the skies as the next frontier of data centers, Peter Thiel is looking to the seas. Panthalassa, a U.S.-based start up betting on ocean waves to power a fleet of floating data centers, announced…
Data centers—the computing infrastructure required to power the country’s AI, on which companies are shelling out nearly $700 billion to build this year alone—are quickly popping up in rural and suburban towns across the country, some of which are more…
It’s a mystery on the streets of New York City. What traffic law violator with unpaid fines is driving a black Pontiac Trans Am that looks like the car with the talking computer from the 1980s TV series “Knight Rider,”…
That’s at least according to Jon Gray, president and chief operating officer at Blackstone—the biggest publicly-traded alternative asset manager—who predicted a “huge boom in blue-collar employment certainly over the next five years.” Speaking at the Milken Institute last week, Gray…
By design, central banks are cautious. Protecting a nation’s currency and financial stability are serious matters, ill-suited to risk-taking and chancy deals. In a world of Tiger Onitsuka trainers and tech-bro t-shirts, central bankers wear a suit and tie. It may seem superficially surprising,…
The résumé sits unfinished in a Google Doc. The LinkedIn tab stays open, untouched. For millions of American workers, the search for something better has ground to a halt — not because the jobs aren’t there, but because they’ve done…
A landmark study of more than 6,600 adults ages 62 and older found nearly half (46%) reported lacking a fundamental sense of purpose, wholeness, and connection—what researchers call “fulfillment”—despite living in an era of longer life expectancy and medical advancement.…