Markets
When I booked my trip, I didn’t realize my travel dates coincided with the city’s legendary Día de los Muertos festivities, nor did I realize what a huge deal this Mexican holiday is in San Antonio. I spotted ofrendas, altars designed to honor deceased loved ones, almost everywhere I looked throughout…
As the Knicks chase a championship and New York buzzes with NBA Finals fever, a public feud between Mayor Zohran Mamdani and Madison Square Garden CEO James Dolan has spilled beyond politics and sports, with local businesses saying they’re paying the price.Hours before Game 4 of the NBA Finals on…
Texas is shifting from courting data centers toward regulating them.Gov. Greg Abbott has proposed new rules for data centers as concerns about their energy and water consumption and their impact on utility prices spur complaints in communities across the US.”The rapid scale of data center development requires oversight to ensure…
Dario Amodei says he’s not trying to be a “prophet of doom” about AI and jobs, but the Anthropic CEO is warning that mass displacement may not be a temporary growing pain of the technology — it may be part of what makes AI work.In a new policy essay, Amodei…
This week, I chopped some tomatoes and popped them into Trader Joe’s no-sugar-added tomato-basil pasta sauce before serving it over zucchini noodles.The sauce already has great flavor courtesy of the garlic, basil, and olive oil, but the chunks of tomato make it feel even fresher. The “caro sugo” language showcases…
Haley Sacks grew up with plenty of money.But, as she writes in her new book, “Future Rich Person,” that doesn’t mean she understood it. When asked about her 401(k) contributions at her first job, she was mortified to realize she had no idea what a 401(k) was, much less what…
OpenAI said it banned likely China-based users after they used ChatGPT to try to fuel a suspected influence operation aimed at undermining support for US data centers.”This looks like a classic example of a foreign influence operation, jumping onto the bandwagon of a genuine pre-existing domestic debate, and trying to…
Investors have a growing list of exchange-traded funds (ETFs) and mutual funds that they can choose from as they consider ways to structure their investment portfolios, though there are important differences between the two types of funds. ETFs have grown rapidly as an investment category in recent years since they…
Paramount Skydance is preparing to move around some streaming staffers as David Ellison’s company wraps up its long-term project of unifying the tech platforms of Paramount+ and free streamer Pluto TV.This so-called “convergence” project has been a top priority for Paramount. Two high-level streaming employees recently said that convergence is…
More of your Uber fare is going to the company than the driver, according to a new study.Uber’s “take rate,” or the percentage of each fare that the company hangs on to, has risen above 50% this year in some cities, according to an analysis by Len Sherman, an executive…
