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It’s been a wild 24 hours for the stock prices of America’s “big four” publicly traded quantum computing companies, which include D-Wave, IonQ, Quantum Computing Inc., and Rigetti. Yesterday, all four quantum firms saw their stock prices fall significantly along with a broader market selloff—mostly related to fears about a growing trade war with China and disappointing tech earnings. But today, shares of the Quantum Four are up on the rumors that the The President administration is interested in taking an equity stake in quantum computing firms. Here’s what you need to know. Commerce Department reportedly interested Last night, the Wall Street Journal repor…
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President Donald The President’s administration announced Wednesday new “massive sanctions” against Russia’s oil industry that are aimed at moving Russian President Vladimir Putin to the negotiating table and bringing an end to Moscow’s brutal war on Ukraine. The sanctions against oil giants Rosneft and Lukoil followed months of calls from Ukrainian President Volodymyr Zelenskyy as well as bipartisan pressure on The President to hit Russia with harder sanctions on its oil industry, the economic engine that has allowed Russia to continue to execute the grinding conflict even as it finds itself largely internationally isolated. “Hopefully he’ll become reasonable,” T…
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Tesla is recalling more than 63,000 Cybertrucks in the U.S. because the front lights are too bright, which may cause a distraction to other drivers and increase the risk of a collision. The National Highway Traffic Safety Administration said that the recall includes certain Cybertrucks with a model year between 2024 and 2026. The vehicles were made between Nov. 13, 2023, and Oct. 11, 2025, with operating software versions prior to 2025.38.3. The agency said that Tesla is not aware of any collisions, injuries, or fatalities related to the condition. Tesla, which is run by billionaire Elon Musk, is issuing a free software update to correct the issue. Earlier…
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Over the last five years, artificial intelligence has shifted from a fringe interest to one of the most important drivers of global economic growth. So important has the technology become that the United Nations Security Council held its first open debate on artificial intelligence last month. While little of substance was achieved, a General Assembly resolution authorizing the creation of an independent scientific panel on AI may have a more enduring impact. One of the core questions this panel will seek to answer is how AI can support sustainable economic development without entrenching inequality. The potential dangers here have deep historical parallels. AI runs o…
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Like clockwork, every few years viral relationship “tests” or “theories” will resurface online, prompting renewed discourse about the state of romantic unions. The latest test doing the rounds: the “bird theory.” The idea first went viral two years ago but has recently resurfaced on platforms like TikTok and Instagram. The concept is simple: Point out something mundane to your partner, like spotting a bird, then watch how they react. If your partner matches your enthusiasm or reacts with curiosity, then congratulations—they’re a keeper. The thinking goes that if they respond with interest to your attempts at connection, they’re emotionally invested in the relati…
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The U.S. Department of Energy has struck a $1 billion deal with Advanced Micro Systems (AMD) to build two supercomputers that have unprecedented power to supercharge scientific advances ranging from nuclear power to developing cancer treatments. The partnership, first reported by Reuters on Monday, will ensure the U.S. government has the necessary computing power to accommodate enormous amounts of data—and could deliver about three times the AI capacity of current supercomputers. The artificial intelligence-powered supercomputers could be deployed for advancing nuclear power and replicate fusion—the process that fuels the sun and creates massive amounts of energy. …
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In January 2025, subway riders at the 59th Street-Lexington Avenue station in Manhattan noticed a surprising new addition: spiked metal partitions between each fare gate. Some commuters called the partitions “silly and foolish.” Others said they were “a waste of money.” Over the past nine months, the Metropolitan Transportation Authority has rolled out the same spiked partitions to 183 stations across the subway network, with more on the way. Like spikes on a handrail prevent people from sitting on it, these metal screens (which the MTA calls “sleeves”) are designed to prevent people from hoisting themselves over the turnstiles. They’ve also turned what was already an…
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The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring. A cut Wednesday would be the second this year and could benefit consumers by bringing down borrowing costs for mortgages and auto loans. Since Fed chair Jerome Powell strongly signaled in late August that rate cuts were likely this year, the average 30-year mortgage rate has fallen to about 6.2% from 6.6%, providing a boost to the otherwise-sluggish housing market. Still, the Fed is navigating an unusual period for the U.S. economy and its future moves are harder to anticipate than is typically …
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The latest gambling scandal to rock the NBA is about a real-world event that normal people would never have noticed. In March 2023, the 35-37 New Orleans Pelicans coasted to a 115-89 win over the Charlotte Hornets, who would go on to finish the year with a record of 27-55. The Pelicans never trailed in the game thanks largely to the play of Brandon Ingram, who notched the first triple-double of his career. The ninth paragraph of the recap on ESPN mentions one other factor that may have contributed to the decisive margin of victory: Hornets guard Terry Rozier left the game early, complaining of a sore right foot, and did not return. As alleged by federal prosecuto…
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Below, Eric Becker shares five key insights from his new book, The Long Game: A Playbook of the World’s Most Enduring Companies. Eric is the founder and chairman at Cresset, an award-winning multi-family office with billions in assets under management. He also co-founded Sterling Partners, a value-added, growth private equity firm. With his long history of starting, backing, and nurturing companies, Eric advises founders, entrepreneurs, private equity partners, and ultra-high worth families. What’s the big idea? Companies that last not one generation, not two, but for a hundred years and beyond share certain things in common. It is no accident when a company en…
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Imagine a Yelp-style user-review site that lets users generate and post AI video reviews of local businesses. Say one of these videos presents a business in a bad light, and the business owner sues for defamation. Can the business sue the reviewer and the review site that hosted the video? In the near-to-immediate future, company websites will be infused with AI tools. A home decor brand might use a bot to handle customer service messages. A health provider might use AI to summarize notes from a patient exam. A fintech app might use personalized AI-generated video to onboard new customers. But what happens when someone claims they’ve been defamed or otherwise harmed b…
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Rumor has it that Palantir Technologies is poised for a stock split. An analyst for RBC Capital Markets recently polled investors, who reportedly indicated a desire for the software company to make such a move. “Retail investors are also largely focused on the potential for a stock split, and although this topic decreased quarter over quarter, it remains the most relevant topic,” analyst Rishi Jaluria stated, according to Investor’s Business Daily. He continued: “With Palantir’s $6 billion cash balance, we think retail investors may be starting to become frustrated by the company’s lack of willingness to return capital to shareholders given no apparent intere…
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Toyota was quick to pump the brakes on a claim President Donald The President made this week regarding an alleged promise by the Japanese automaker to invest $10 billion in the U.S. “We didn’t specifically say that we’ll invest $10 billion over the next few years,” Hiroyuki Ueda, president director, told reporters on Wednesday during the Japan Mobility Show in Tokyo, as first reported by Reuters. While Ueda stressed that the automaker will continue to invest and create jobs in the U.S. over the next few years, it hasn’t made any explicit promise of an investment of the magnitude The President referenced—nor, in fact, of any particular amount. The confusion,…
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A first-of-its-kind refinery has been in the works for a decade and half. Set to be completed this year, the facility is design to produce climate-friendly jet fuel, a material in increasing demand in response to climate commitments and regulations around the world. The refinery—called the Freedom Pines Fuels—was designed to showcase new methods of producing the fuel, and was receiving government support to help clean up air travel. Now, a year behind schedule due to a hurricane and equipment glitches, the project hit another roadblock this summer, when a major shift in U.S. energy policy under the new administration threw a wrench into the business model. It’s now …
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Shares of Meta Platforms (Nasdaq: META) were down about 9% in premarket trading on Thursday. It follows what can only be described as a mixed bag of a quarter-three earnings report on Wednesday, October 30. On the one hand, Meta announced $51.2 billion in revenue, a 26% increase year-over-year (YOY) from $40.6 billion and a quarterly record for the company. The boost also beat Wall Street’s estimate of $49.6 billion, according to consensus estimates cited by Bloomberg. However, Meta also reported a non-cash income tax charge of $15.93 billion. This one-time charge led to a significant decrease—83%—in Meta’s net income YOY. It also meant the company’s earnings per …
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Fast-casual restaurant chain Chipotle Mexican Grill (NYSE: CMG) is seeing its stock price plummet this morning after reporting third-quarter 2025 earnings and a sales forecast that alarmed investors. As of the time of this writing, CMG shares are down a staggering 19% to $32.21 in premarket trading. Here’s what you need to know about the company’s stock price crash. What’s happened? On Wednesday, Chipotle reported its Q3 2025 earnings after the bell. Some of what the company revealed has alarmed investors. But first, here are the company’s most critical quarterly metrics: Total revenue: $3 billion (a 7.5% increase) Comparable restaurant sales: up 0.…
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Two prominent Republicans on Capitol Hill want the Supreme Court to allow a lawsuit to proceed against tech giant Cisco over allegations that the company’s technology was used to persecute members of the Falun Gong religious sect in China. In a Wednesday letter to the The President administration’s top Supreme Court litigator, D. John Sauer, Reps. Chris Smith of New Jersey and John Moolenaar of Michigan urged the administration to side with the Falun Gong plaintiffs and press the court to allow the lawsuit to go to trial. Smith co-chairs the Congressional-Executive Commission on China, while Moolenaar is the chairman of a special China committee set up in the Hous…
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Yes, it’s that time of year again, when most of the U.S. “gains” an extra hour of sleep as we “fall back” from daylight savings to shorter days, colder nights, and standard time. This Sunday, November 2, at 2 a.m local time, we will turn back our clocks to 1 a.m—and that will last until March 8, 2026 (when we will once again usher in daylight saving time). Although getting an extra hour of sleep sounds like a win, here’s what really happens to your health when the clocks change. Darker nights disrupt the body’s natural clock Darker evenings actually disrupt our body’s natural circadian rhythm, our mood, and our metabolism, according to Dr. Zaid Fadul, CEO …
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As of yesterday’s market close, Netflix is the only Big Tech company whose stock is trading at four figures, but that will soon change. The TV streaming giant, whose shares closed at $1,089 on Thursday, has announced that it will initiate a stock split next month. That will send the stock’s price per share much lower, though it will not change the company’s fundamental value. Here’s what you need to know about Netflix’s upcoming stock split. What’s a stock split? A stock split is when a company decides to divide the number of its existing shares in order to create new ones—hence the term “split” the shares. A stock can split by any factor a company wan…
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Fans of the Outback Steakhouse chain will be disappointed to learn that its parent company, Bloomin’ Brands, has recently closed a number of locations. The closures are yet another sign that major restaurant chains are facing significant headwinds as costs increase and consumers grow increasingly cautious of how they spend their discretionary dollars. Here’s what you need to know. What’s happened? Recently, Bloomin’ Brands, owner of Outback Steakhouse, closed a handful of chain’s locations. Many of these closures were first reported on social media and by local news outlets. Outback Steakhouse is an Australian-themed casual dining chain that was first fou…
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Lots of research shows that doing mental exercises can ward off dementia and the effects of aging, but can it actually make you better at your job? While it’s hard to imagine the late musical theater virtuoso Stephen Sondheim needing any kind of extra creative stimuli, he in fact had a well-known love of stimulating puzzles and games. And he didn’t just play them. The Tony-winning composer behind Broadway hits such as Sweeney Todd, Company, and a heartwarming ditty about presidential assassins also cultivated a side hustle as a designer of cryptic crossword puzzles and a frequent host of game nights and scavenger hunts. Barry Joseph, a game researcher and designe…
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If you blinked this week, you might’ve missed a few major moves. Netflix decided it’s time for a stock split, Amazon trimmed thousands of jobs, and Walmart is already dropping “Black Friday” prices before the Halloween candy wrappers are even off. Meanwhile, housing trends, climate shocks, and AI budgets kept reshaping the conversation about what’s next for growth. Here’s a look at what mattered most this week, and why these stories could shape the months ahead. Mortgage-free America hits a new high A record 40.3% of owner-occupied homes are owned free and clear, up from 39.8% last year. Aging baby boomers and longer lifespans concentrate equity among older…
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For years, Donald The President’s distinctive, large, and bold signature has captured the public’s attention. Not only did it recently come to light that his signature appeared in a book that Jeffrey Epstein received for his 50th birthday, but it fits neatly alongside The President’s long history of brash self-adulation. “I love my signature, I really do,” he said in a September 30, 2025, speech to military leaders. “Everyone loves my signature.” His signature also happens to be of particular interest to me, given my decades-long fascination with, and occasional academic research on, the connection between signature size and personal attributes. A long-time social…
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Last year, travel group AAA estimated about 80 million Americans traveled over the Thanksgiving holidays. It was the busiest Thanksgiving ever at airports across the country, and some reports are saying those records could be shattered this year. A lot of that traveling will be done by young adults making their way home from school or new cities to see family and reconnect with old friends. That last part is the crux of Facebook’s first brand campaign in four years. In a new ad called “Home For The Holidays,” we see people making their way back home and various get-togethers being organized on Facebook. Created by agency Droga5 and set to Bob Dylan and Johnny Cash…
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With more than 100,000 artifacts dating back thousands of years, nearly 900,000 square feet of floor space, a site that spans more than 120 acres, and a total price tag estimated to be more than $1 billion, it’s not hyperbole to call the Grand Egyptian Museum outside Cairo, Egypt, the most significant museum project in recent decades. It’s the kind of blockbuster building that would have even the starriest of starchitects salivating at the chance to lay claim to what’s likely become one of Egypt’s most visited tourist attractions. So, in hindsight, it’s a bit unexpected that the architecture firm that won the museum’s international design competition way back in 2002 …
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