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The Next Great Leap in AI Is Behind Schedule and Crazy Expensive
OpenAI has run into problem after problem on its new artificial-intelligence project, code-named Orion.The Wall Street Journal - 1d -
Pro sports teams are now too expensive for some billionaires to buy, says Goldman Sachs
From 2000 to 2023, the NFL’s cumulative franchise values grew 1,108%, while the NBA’s grew 2,004%.MarketWatch - 12h -
EU imports record quantities of Russian LNG in 2024
Bloc received 16.5mn tonnes of liquefied natural gas by mid-December despite efforts to reduce supplies from RussiaFinancial Times - 1d -
Swiss strike EU deal after decade of talks
Terms will deepen economic co-operation in return for new immigration and financial commitmentsFinancial Times - 1d -
A Copernican revolution in EU economic thinking?
‘Draghi plus’ would make Europe take domestic demand seriously — and not before timeFinancial Times - 2d -
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Why enlargement will overshadow the EU-western Balkan summit
Also in this newsletter: How Mercosur countries will get better treatment under EU’s deforestation rulesFinancial Times - 3d -
The EU must build on past successes
As it faces fresh challenges, Europe should remember that neither economic integration nor convergence among member states was inevitableFinancial Times - 4d -
EU to Investigate TikTok Over Romanian Elections
The European Commission opened a formal investigation over concerns foreign actors used the hugely popular video platform to interfere in Romanian presidential elections.The Wall Street Journal - 4d -
Musk’s attack on F-35s fuels debate over expensive fighter jets
Defence groups and military face questions over piloted aircraft at a time when drones are playing a bigger role in aerial combatFinancial Times - 4d -
EU nears migration deals with Jordan and Morocco
Brussels pursues more economic partnerships in return for tougher border control after pacts with Egypt and Tunisia stallFinancial Times - 4d -
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Indonesia’s Prabowo suggests scrapping ‘expensive’ elections for regional leaders
President’s comments to political party chiefs on cost of direct votes fuel doubts about his commitment to democracyFinancial Times - Dec. 13 -
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3 expensive credit card debt forgiveness mistakes to avoid right now
If you're trying to have your credit card debt forgiven, make sure to avoid these big (but common) missteps.CBS News - Dec. 12 -
It’s time for the UK to be brave in talks with the EU
Also in this newsletter, Scotland’s drive to end child povertyFinancial Times - Dec. 12 -
Macy's employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say
The department store operator slightly raised its full-year forecast, while still projecting a sales decline.CNBC - Dec. 11 -
An EU-Mercosur deal worth ratifying
Agreement with South American bloc is a chance to bolster free tradeFinancial Times - Dec. 11 -
The 3 most expensive ZIP codes in every U.S. state—see how yours compares
Homes in the wealthiest ZIP codes in the U.S. will cost you a median of $1.55 million.CNBC - Dec. 11 -
Saint Ann’s Protected Criminal Teacher at Students’ Expense, Report Says
The elite Brooklyn school commissioned an investigation after the arrest of Winston Nguyen, who is now accused of soliciting lewd photographs from students.The New York Times - Dec. 11 -
Macy's confirms rogue employee hid $151 million in expenses over three years
A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy's said Wednesday.NBC News - Dec. 11 -
UnitedHealth shooting sparks security fears for execs — but fixes are expensive and complicated
Security company executives have seen a dramatic increase in inquiries for services after the murder of Brian Thompson.MarketWatch - Dec. 11 -
Your daily cup of coffee could get more expensive because of climate change
Coffee lovers and café dwellers are likely to see the price of a cup of joe increase soon, experts warn.NBC News - Dec. 11 -
Stocks are expensive, and nobody cares
How UBS learned to stop worrying and love the rallyFinancial Times - Dec. 10 -
EU Looks Into Google Ads Targeting Teens
The European Union’s digital regulator is looking into Google’s advertising practices under an online content law that bans companies from using minors’ data for targeted advertising.The Wall Street Journal - Dec. 10 -
DOGE's war on telework would make government more expensive, less responsive
A recent report by Senator Joni Ernst has reignited debates about telework in the federal government, but data from various government agencies has shown that telework can lead to increased ...The Hill - Dec. 10 -
EU's New Competition Chief Plans Policy Overhaul
The new chief of the European Union’s antitrust arm plans to overhaul the bloc’s approach to enforcement to safeguard its competitiveness globally.The Wall Street Journal - Dec. 10 -
The Netanyahu Corruption Trial, Explained
Prime Minister Benjamin Netanyahu of Israel took the stand on Tuesday. Here’s what to know about the trial.The New York Times - Dec. 10 -
Trudeau says Americans are realizing Trump's tariffs on Canada would make life a lot more expensive
Canadian Prime Minister Justin Trudeau says Americans are realizing that "tariffs on everything from Canada would make life a lot more expensive" and says he would retaliate if Donald Trump imposes ...ABC News - Dec. 10 -
Why EU countries are freezing Syrian asylum applications
Also in this newsletter: How Rachel Reeves’ pitch to Brussels went downFinancial Times - Dec. 10 -
Rachel Reeves signals wider reset of EU relations
Labour has ruled out rejoining the EU but may be open to alignment on areas such as farm and food exports.BBC News - Dec. 9 -
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Rachel Reeves to pledge ‘ambitious’ economic partnership with EU
UK chancellor will promise to fully honour post-Brexit deals in meeting with bloc’s finance ministersFinancial Times - Dec. 7 -
5 expensive credit card mistakes to avoid during the holidays
It's easy for credit card debt to become problematic during the holidays, but avoiding these big mistakes may help.CBS News - Dec. 6 -
EU strikes blockbuster trade deal with Mercosur
Accord would create market of 700mn by dropping tariffs on more than 90% of goodsFinancial Times - Dec. 6 -
Food prices are at their highest levels in over a year. And these items will get even more expensive
Global food prices recently rose to an 18-month high, with some food baskets expected to continue climbing, according to market watchers.CNBC - Dec. 4 -
Daniel Penny deadly chokehold trial jury deliberates
The jury is deliberating in Daniel Penny's trial for the chokehold death of Jordan Neely on a New York City subway back in 2023. CBS News New York's Christina Fan reports.CBS News - Dec. 3 -
The most expensive US property for sale is a mere $295m – and likely to flood
The sprawling Florida mansion sits in one of the most vulnerable places in the US to climate-driven disasters. A sprawling Florida mansion set beside a powdery white sand beach overlooking the ...The Guardian - Dec. 3 -
How the EU should deal with Trump’s tariff threat
Brussels must try to ensure its response to the US does not trample on trade rulesFinancial Times - Dec. 2
