Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. A frantic sell-off of energy and infrastructure shares this week after advances in artificial intelligence by Chinese start-up DeepSeek shows how little is understood about the power demands of AI, the International Energy Agency has
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Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. UK ministers are drawing up plans to subsidise electric car purchases by guaranteeing consumer loans, as they look at ways to drive up sales that remain stubbornly below official targets. The government has opened private
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US federal agencies are set to freeze the payment of hundreds of billions of dollars of domestic federal grants and loans on Tuesday in President Donald Trump’s latest aggressive move to slash and
Goldman Sachs staffers are griping about getting paltry bonuses — despite a massive raise given to CEO David Solomon after the bank posted its best earnings in three years, The Post has learned. Rank and file at the Wall Street giant fumed that end-of-year payouts, revealed internally two weeks ago, looked chintzy following a much-hyped
A top real estate executive warned that California is facing an unprecedented “triple threat” with rising house prices, interest rates and insurance rates as it embarks on a critical rebuilding phase after the Los Angeles fires. Over the past few years, California has been hit with a growing insurance crisis as major carriers pulled out
Wall Street and Silicon Valley got clobbered on Monday over rising fears about DeepSeek a Chinese artificial intelligence startup that claims to have developed an advanced model at a fraction of the cost of its US counterparts. Shares of Nvidia and other major tech giants shed more than $1 trillion in market value as investors
US chip giant Nvidia suffered a record wipeout on Monday after Chinese startup DeepSeek upended the tech sector — and the rout cost its CEO Jensen Huang more than $20 billion in a single day. DeepSeek said it built its new AI model in just two months for less than $6 million a fraction of
Federal authorities descended on the Big Apple early Tuesday morning to carry out their first major deportation raids in the city as part of President Trumps crackdown on illegal immigration. The Drug Enforcement Administration confirmed early Tuesday that it was working with the Justice Department and “other federal law enforcement partners are assisting DHS with
On-chain data shows a Dogecoin whale has withdrawn a large sum from the cryptocurrency exchange Binance, a sign that may be bullish for the DOGE price. According to data from the cryptocurrency transaction tracker service Whale Alert, a massive transaction has been spotted on the Dogecoin blockchain during the past day. The transfer in question
OpenAI chief executive Sam Altman said he would fast-track product releases and “deliver much better models” after the release of a powerful new model by Chinese start-up DeepSeek undermined Silicon Valley’s lead in a global artificial intelligence arms race. DeepSeek’s generative AI chatbot, a direct rival to ChatGPT, is able to perform some tasks at
California is advising health care providers not to write down patients immigration status on bills and medical records and telling them they dont have to assist federal agents in arrests. Some Massachusetts hospitals and clinics are posting privacy rights in emergency and waiting rooms in Spanish and other languages. This story also ran on CNN.
Automaker Kia America is recalling more than 80,000 vehicles due to floor wiring beneath the front passenger seat that can become damaged and prevent airbags and seat belts from deploying properly. Damaged wiring can also cause an unintended side curtain air bag deployment, according to documents filed with the National Highway Traffic Safety Administration. The
When Vladimir Putin daydreams, he imagines himself saluting a phalanx as it goose-steps across central Kyiv. In Donald Trumps version of the fantasy, he is triumphantly floating through the Panama Canal on a battleship. Both men see themselves recovering lost empires, asserting their place in history by reversing it. During his first term, Trump set
In his first days in office, President Donald Trump signed an executive order on gender that affects transgender health care. The order aims to directly limit care for trans people incarcerated in federal prisons, but the broader implications on health aren’t clear-cut. This slide presentation first appeared on KFF Health News Instagram account. If you
Costco is pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices. Investors were expected to vote on the recommendation during the companys annual meeting Thursday. The National Center for Public Policy Research, a conservative think tank based in
Meta activated an urgent status to fix the problem of its AI chatbots saying Joe Biden is still the president this week, according to a report. On Thursday, Metas artificial intelligence bots across Facebook, Instagram and WhatsApp were still telling inquisitive users that the US president is Joe Biden despite Donald Trumps inauguration on Monday,
DAVOS, SWITZERLAND For the unacquainted, Davos is the home of the World Economic Forum, and hosts a yearly confab of the global elite. The stars are the chiefs of globalist institutions like the IMF; the UN; progressive prime ministers; and all the big banks. This year was different. The headliner was a real-estate developer from
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added. The bank and others, such as
JPMorgan Chasesaid Thursday that long-serving CEO JamieDimon’s 2024 pay package climbed about 8.3% to $39 million after the bank posted a record profit amid a revival in dealmaking and fundraising activities. His compensation included a base salary of $1.5 million and $37.5 million in incentives. JPMorgan’sprofit roseto a record high in 2024 as its dealmakers
German luxury car maker BMW was trolled on Thursday after its UK unit abruptly announcing that it was no longer posting on X — a move attributed by many users as a bizarre way to protest the social media site’s owner Elon Musk. Musk has faced scrutiny this week after twice extending his arm in
American Association for Cancer Research Jan 24 2025 A therapeutic vaccine targeting human papillomavirus type 16 (HPV16) induced regression in high-grade precancerous cervical lesions, according to the results from a phase II clinical trial published in Clinical Cancer Research, a journal of the American Association for Cancer Research. Nearly all premalignant cervical lesions and cervical
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