Why insurance giant Travelers’ CTO is placing fewer, bigger bets on AI
As a child growing up in Iran, Mojgan Lefebvre dreamed of becoming a doctor. But turbulent times in the Middle East nation led her to immigrate to the United States,…
Finance
a16z’s Ben Horowitz sees ‘AI anxiety’ consuming Silicon Valley founders. Workers’ fear of something else is killing adoption
There are two distinct AI anxieties spreading through the American economy right now, and they don’t speak the same language. On one side: founders and investors grappling with the vertigo…
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
In 2020, Jeff Bezos made what remains the largest individual philanthropic commitment to climate and nature ever: $10 billion, to be fully disbursed by 2030 through the Bezos Earth Fund.…
Markets haven’t rallied this fast since COVID—Iran volatility is just another ‘notch on the belt’ of investors, says J.P. Morgan strategist
Markets are trading strongly this week on hopes that the Iran war might soon be coming to an end. A fragile ceasefire has held despite peace talks collapsing, but President…
The hidden menace behind Big Tech’s AI arms race: Meta, Amazon and others are spending billions on hardware that’s worthless in 3 years
There’s a wild paradox in the middle of the biggest story in tech right now. The GPUs and other essential hardware that the hyperscalers are spending so lavishly to pack…
Another month, another record-high home price: March hits $408,800—the 33rd straight increase
Home prices just did it again. For the 33rd consecutive month, the median price of an existing home climbed—this time to $408,800 in March, a record high for the month,…
Home sales just fell 3.6%—and the spring buying season may not save them
The picture of an American springtime usually looks something like this: sunny days, chittering birds, and, on many suburban streets, a congested driveway full of eager prospective homebuyers gathering for…
Trump’s economy officially passes Biden’s for worst consumer sentiment in recorded history
American consumers are more pessimistic about the economy than at any time in recorded history. The University of Michigan’s Consumer Sentiment Index fell to 47.6 in preliminary April 2026 readings…
Xi Jinping says the world order is ‘crumbling into disarray.’ Larry Fink and the IMF are worried about a global recession
Chinese President Xi Jinping issued some of his starkest language yet about the state of the global economy on Tuesday, telling Spanish Prime Minister Pedro Sánchez in Beijing, “The international…
From Molotov cocktails to data center shutdowns, the AI backlash is turning revolutionary
For years, the resistance to artificial intelligence looked manageable. There were academics writing open letters, Hollywood writers striking over contract language, the think-tank reports warning of job displacement. Tech executives…