Portland’s persistent job losses, stagnant population and anemic housing construction have collectively tipped the city into a recession, economist Mike Wilkerson said Thursday, warning that conditions are deteriorating rather than improving. “The conditions here are unlike what we see in any other metro” area, Wilkerson said at the Portland Metro Chamber’s annual State of the…
Still, while Moderna largely stuck with its plan to use a standard dose for all participants, it altered its plans based on the feedback. Specifically, it added a comparison of a high-dose vaccine to some older participants and provided the FDA with an additional analysis. This wasn’t enough for Prasad, who, according to the Journal’s…
Rivian is, by every measure, a maker and seller of EVs. But in 2025, it was the company’s software and services that helped its annual revenue grow by 8%. Rivian reported Thursday $5.38 billion in total revenue in 2025, up from $4.97 billion from the prior year. That rosy picture dulls a bit when looking…
Australian influencer shoots her shot at 30,000 feet. PublishedFebruary 12, 2026 6:00 PM EST•UpdatedFebruary 12, 2026 6:00 PM EST Facebook Twitter Email Copy Link Love was in the air over Australia back in January when a guy caught the eye of an influencer with more than 50k TikTok followers. Dating apps are a mess these…
James Richardson, a 33-year-old from Pittsburgh, Pennsylvania, said without help from his parents, he would be homeless. He has applied to more than 1,200 jobs since being let go from his role as an information security analyst for a government contractor in October.
In a complex political landscape, the looming potential shutdown of the U.S. Department of Homeland Security (DHS) reveals the intense divisions within Congress that resonate far beyond budgetary concerns. As the stalemate persists, the ramifications of this impasse threaten not only government operations but also reflect broader social issues surrounding immigration enforcement that continue to…
In a landscape heavy with geopolitical tensions, President Donald Trump’s decision to dispatch the USS Gerald R. Ford to the Middle East marks a significant escalation in U.S. military presence, reflecting an ongoing commitment to addressing concerns surrounding Iran’s nuclear ambitions. This development comes against the backdrop of recent discussions aimed at resolving complex international…
Altruist is emblematic of how disruptive competition could intensify because of AI © Getty Images Wall Street is getting extremely jumpy about the threat of AI disruption to a widening range of industries. That is the best explanation for the hammering that brokerage and wealth management stocks took this week, thanks to a little-known US…
Tractor trailers sit parked at a J.B. Hunt Transport Services Inc. facility in Columbus, Ohio. Luke Sharrett | Bloomberg | Getty Images Shares of several trucking and logistics companies declined Thursday on fears that new artificial intelligence tools could slash major freight inefficiencies, leading to less demand for the industry’s services. A new tool from…
Anthropic derives about 80% of its $14bn in revenue run rate from enterprise customers © Samuel Boivin/NurPhoto/Reuters Anthropic has raised $30bn from investors including GIC, Coatue, Founders Fund and Nvidia, as the AI group plans a significant expansion of its data-centre footprint and prepares for an initial public offering as early as this year. The…
Following mounting pressure and a questionable Super Bowl ad, the Amazon-owned company walked back its plan to integrate with the controversial law-enforcement technology company. Following mounting pressure and a questionable Super Bowl ad, the Amazon-owned company walked back its plan to integrate with the controversial law-enforcement technology company. Feb 12, 2026, 11:00 PM UTC Jennifer…
Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City. Spencer Platt | Getty Images The S&P 500 closed barely above the flatline on Friday as a key consumer inflation report that came in slightly lighter than expected failed to spark a substantial rally. The…
A recent US District Court ruling has highlighted the complexities and challenges surrounding immigration laws, particularly as they pertain to the treatment of students and individuals facing wrongful deportations. The case of Any Lucia Lopez Belloza, a Babson College student, underscores the pressing need for accountability and transparency within the legal system, particularly during an…
Donald Trump’s announcement of a potential presidential visit to Venezuela marks a significant moment in U.S.-Venezuelan relations, signifying a shift in diplomatic dynamics. As the first sitting U.S. president planning to make this journey since 1997, Trump’s intended visit could indicate a newfound interest in fostering cooperation over conflict. This initiative comes at a time…
Japanese automaker Nissan said Thursday it expected to suffer a net loss of ¥650 billion ($4.2 billion) in its fiscal year that ends in March, as it struggles with sluggish sales. The huge loss is twice as much as analysts surveyed by Bloomberg had predicted. The company, however, sharply lowered the forecast for its annual…
S&P 500 futures were up 0.32% this morning after the index closed flat yesterday at 6,941. Investors seem to be buoyed by the strong job-market numbers published yesterday by the U.S. Bureau of Labor Statistics. With unemployment falling from 4.4% to 4.3%, many Wall Street analysts are saying that this means the U.S. Federal Reserve…
After flight attendants called for the CEO of American Airlines to be removed, and the pilots union demanded a meeting with the airline’s board over poor financial performance, Robert Isom recorded a video to all employees outlining the carrier’s plan to improve its finances and operations this year, as first reported by aviation watchdog JonNYC….
Transportation Autonomous Cars The company plans to start passenger trips with employees in San Francisco and LA, followed by public riders. But more importantly, it plans on making a lot of vehicles, as it seeks to cement its first place status in the robotaxi race. The company plans to start passenger trips with employees in…
A Spirit Airlines plane is at George Bush Intercontinental Airport in Houston, Dec. 29, 2025. Reginald Mathalone | Nurphoto | Getty Images Spirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another 20 of its Airbus planes and is bringing flight attendants back from furlough. The sale of…
In the constantly shifting landscape of the Russia-Ukraine conflict, diplomatic efforts persist despite ongoing hostilities. As United States-brokered talks approach, the stakes are high for both sides, with each party grappling for control and seeking support from allies to navigate a resolution. Amid the complexity of geopolitical maneuvering, the upcoming discussions signal a pivotal moment…
Mark Zuckerberg is reportedly adding to his growing list of luxury homes with a waterfront property in the most in-demand section of one of the most exclusive neighborhoods in America. The Meta CEO and his wife, Dr. Priscilla Chan, are reportedly purchasing a recently completed luxury mansion on Indian Creek Island, a 300-acre, man-made island…
For some of these commercialised interventions – like red light therapy, contrast therapy, infrared saunas and cold plunges – the evidence is thin. To assume an intervention in animals will also apply to human longevity is exactly that – an assumption, and “not based upon evidence that human life is prolonged,” Kado emphasized. Andrea LaCroix,…
S&P 500 futures were up 0.32% this morning after the index closed flat yesterday at 6,941. Investors seem to be buoyed by the strong job-market numbers published yesterday by the U.S. Bureau of Labor Statistics. With unemployment falling from 4.4% to 4.3%, many Wall Street analysts are saying that this means the U.S. Federal Reserve…
High home prices, faltering supply and weaker consumer confidence in the economy all continue to weigh on the U.S. housing market. The chief economist for the National Association of Realtors, Lawrence Yun, is calling it “a new housing crisis.” Sales of previously owned homes in January dropped a much wider-than-expected 8.4% from December to a…
In a significant political turnaround, the Bangladesh Nationalist Party (BNP) has achieved a historic majority in the country’s recent elections, marking a transformative chapter under the leadership of Tarique Rahman. This victory is particularly remarkable as it follows a period of considerable political turmoil, exemplified by the ousting of long-time Prime Minister Sheikh Hasina. The…
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One of the most fundamental changes resulting from the Financial Crisis was the transfer of mortgage risk from banks to taxpayers. By Wolf Richter for WOLF STREET. Mortgage balances rose by $98 billion (+0.7%) in Q4 from Q3, to $13.2 trillion, according to the Household Debt and Credit Report from the New York Fed, which obtained this data…
LOS ANGELES (AP) — Adam Mosseri, the head of Meta’s Instagram, testified Wednesday during a landmark social media trial in Los Angeles that he disagrees with the idea that people can be clinically addicted to social media platforms. The question of addiction is a key pillar of the case, where plaintiffs seek to hold social…
In 1997 IBM supercomputer Deep Blue defeated the reigning world chess champion Garry Kasparov. In 2023 ChatGPT passed the bar exam. And last year, Google DeepMind clinched gold at the International Mathematical Olympiad. These milestones are only expected to accelerate, with some business leaders, including SpaceX CEO Elon Musk, predicting artificial general intelligence—AI that is…
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In a significant victory for human rights and free speech, the High Court in London has deemed the UK government’s ban on the pro-Palestinian group Palestine Action as “unlawful.” This ruling not only validates the many activists who rallied for Palestine’s cause but also reinforces the notion that peaceful protest is a vital aspect of…
A recent social media post amplified by influential figures, including Elon Musk and former President Donald Trump, has revived a long-debunked claim regarding mail-in voting in Pennsylvania during the 2020 presidential election. The assertion that Pennsylvania sent out 1,823,148 mail-in ballots while receiving approximately 2.5 million back has been persistently proven false. The Pennsylvania Department…
In a world increasingly defined by shifting geopolitical alliances, German Chancellor Friedrich Merz’s recent appeal for renewed transatlantic unity highlights the critical importance of collaboration between Europe and the United States. Speaking at the Munich Security Conference, Merz emphasized not only the necessity of NATO for both regions but also the opportunity for a stronger…