Author: arthursheikin@gmail.com
[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Staff at the UK financial watchdog are threatening industrial action if they are told to be in the office more than the current rule of at least 40 per cent of their working days each month. Union officials and staff representatives at the Financial Conduct Authority have gone on the offensive after the regulator recently started consultations with employees on reducing how much they work from home.Unite, the union with the most members at the FCA, has written an open letter to…
[ad_1] I never imagined I would be raising my kids in a 900-square-foot apartment.My husband and I had planned to move to a house in the suburbs just before our first baby was born. But then the pandemic struck, and real estate prices went up. Five years later, we still live in the same apartment, and now there are four of us.For a while, I felt inadequate about our living situation because we didn’t live in a house with a backyard for our kids to run around and play in. Now I’ve realized that there are benefits to living in…
[ad_1] Three weeks ago, an engineer named Calvin French-Owen, who worked on one of OpenAI’s most promising new products, resigned from the company. He just published a fascinating blog post on what it was like to work there for a year, including the sleepless sprint to build Codex. That’s OpenAI’s new coding agent that competes with tools like Cursor and Anthropic’s Claude Code. French-Owen said he didn’t leave because of any “drama,” but because he wants to get back to being a startup founder. He was a co-founder of customer data startup Segment, which was bought by Twilio in 2020…
[ad_1] I never expected to leave my city life for a small Arkansas town of about 16,000 people — but I’m so glad I did.I first moved to Washington, DC, for school, but ended up staying for nearly two decades thanks to the incredible job opportunities, cultural experiences, and lifelong friendships I made there.Then, COVID-19 hit. I was fortunate to keep my job in the nonprofit industry, working remotely throughout the pandemic — but my boyfriend, a chef, had a hard time finding work as one restaurant after another closed its doors or cut staff.Suddenly, we wondered whether it made…
[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BlackRock’s inflows fell to their lowest level in more than a year during the second quarter as a large client in Asia pulled tens of billions of dollars from the world’s largest asset manager.The New York-based group said it drew in $68bn across the investment funds it manages in the three months to the end of June, more than a fifth below the $87bn Wall Street had predicted. It was the smallest quarterly addition since the start of 2024; BlackRock’s shares…
[ad_1] Slate Auto’s new electric vehicle is expected to be unusually cheap, priced in the mid-twenty-thousand-dollar range.Given its anticipated price point, Slate says it has seen interest from five different consumer segments as it prepares to enter the market, CEO Chris Barman said in a recent interview with Sherwood News.First, Barman said that “everyday Americans” are interested in the vehicle, mostly because “it’s just an affordable vehicle and a lot of utility and value for the money.”Barman also said that “young professionals” fresh out of college or trade school are interested. “They’re looking for value for the money, and what…
[ad_1] Like all great things in the modern era, I first saw LG’s portable StanbyME TV on TikTok. As a New York City apartment dweller, I’m always looking for space-saving options. And though I’ve never liked the idea of a TV in the bedroom, there are evenings when all I want to do is crawl into bed and watch reality TV.But I do way more than just watch TV in bed with my LG StanbyME. I bring it into the bathroom to watch movies while I take a bath. I play recipe videos on it while I cook. I even…
[ad_1] Meta has fixed a security bug that allowed Meta AI chatbot users to access and view the private prompts and AI-generated responses of other users. Sandeep Hodkasia, the founder of security testing firm AppSecure, exclusively told TechCrunch that Meta paid him $10,000 in a bug bounty reward for privately disclosing the bug he filed on December 26, 2024. Meta deployed a fix on January 24, 2025, said Hodkasia, and found no evidence that the bug was maliciously exploited. Hodkasia told TechCrunch that he identified the bug after examining how Meta AI allows its logged-in users to edit their AI…
[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brandon Lutnick, son of US commerce secretary Howard Lutnick, is nearing a roughly $4bn deal with an early bitcoin supporter to buy billions of dollars in the digital tokens using a vehicle backed by Cantor Fitzgerald.Cantor Equity Partners 1, a blank cheque vehicle that raised $200mn in cash in an initial public offering in January, is in late-stage talks with Adam Back, founder of crypto trading group Blockstream Capital, to buy more than $3bn in the digital currency, according to two…
[ad_1] CNN CNN — President Donald Trump suggested that a $2.5 billion renovation plan at the Federal Reserve might be sufficient cause to fire Fed Chair Jerome Powell, an escalation of his recent attacks against the central banker. “I think he’s terrible… But the one thing I didn’t see him as a guy that needed a palace to live in,” Trump told reporters. He said talking to Powell was like “talking to a chair” because of a lack of personality. “But the one thing I would have never guessed is that he would be spending two and a half billion…