Big banks are strange companies to own. From the outside, they look slow and lumbering. From the inside, they are a single bad weekend away from a phone call to the Treasury Department. That tension is what makes investing in them so hard. It is also the whole reason an unglamorous piece of …
Pope Leo XIV published his first encyclical on Monday. Titled Magnifica Humanitas, it addresses “safeguarding the human person in the time of artificial intelligence.” And while AI is the hook, the problems Leo focuses on are older and more pervasive: inequality, war, the erosion of democracy, and the concentration of power in the hands of…
Earlier this year, Lucra Sports founder and CEO Dylan Robbins did something that no one else has ever done. He landed famed public investor Cathie Wood and her ARK Invest Venture Fund as a lead in a startup fundraising round. Lucra announced last month that it raised a $20 million Series B, led by the…
Singapore economy beats expectations in Q1 with 6% annual growth, risks ahead
11 May 2026, Rhineland-Palatinate, Bitburg: A self-driving Tesla Model Y is driving autonomously on the roads of the Eifel. A factory driver sitting at the wheel intervenes as required in the “Full Self-Driving” (FSD/Supervised) software update, which is not yet approved nationwide. Photo: Harald Tittel/dpa (Photo by Harald Tittel/picture alliance via Getty Images)dpa/picture alliance via…
Like other AI wearables, Amazon’s Bee offers an odd combination of convenience and privacy anxiety…
Is Kevin Warsh going to be a markets-friendly Fed Chair? In one word, yes. But not in the short term, investors agree. They hope that the “regime change” Warsh promised during his nomination process will keep the U.S. economy as resilient as Warsh’s 18 new colleagues at the central bank say it is…
Hardware sales suffered from a continued housing slump and consumers’ reluctance to spend in uncertain economic conditions in 2025. Industry leader Home Depot’s sales performance may have been affected by these economic issues, as its sales declined by 3.8% in its fourth quarter of 2025, which …
Suspect shot dead after gunfire near White House, complex briefly locked down
Two years ago, IBM realized there was one glaring omission in its roster of sports partnerships: Formula One. Formula One has become one of the world’s most popular sports, especially in the U.S., where Netflix’s “Drive to Survive” documented the working lives of F1 drivers and turned them into mainstream celebrities. The tech-centric sport has…
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