Investor Matt Shumer ignited a firestorm on social media this week with an essay that warned about the disruptive potential of AI. More than 80 million views later, he said it “wasn’t meant to scare people.” “I want to be very clear about this, the article wasn’t meant to scare people in this way,” Shumer…
Carl Smith | Fstop | Getty Images Social Security benefits are typically adjusted every year to keep up with rising prices. Social Security beneficiaries saw record-high COLAs in 2022 and 2023, when the annual increases climbed to 5.9% and 8.7%, respectively. Yet as the pace of inflation subsided, the size of the annual COLA increase…
Cavan Images | Cavan | Getty Images At the start of 2025, during President Joe Biden’s final weeks in office, lawmakers pushed forward with last-minute major legislation that provides Social Security benefit increases to certain public pensioners. The Social Security Fairness Act was passed with an overwhelming bipartisan majority in both the House and Senate,…
A dozen actors perform a traditional lion dance in front of Todtown shopping mall ahead of the Chinese Lunar New Year in Shanghai, China, on Feb. 13, 2026, during the opening of the Xinzhuang Lantern Festival. Ying Tang | Nurphoto | Getty Images The Year of the Horse kicks off this weekend, and China’s artificial…
D-keine | E+ | Getty Images The average tax refund is 10.9% higher so far this season, compared to about the same point in 2025, according to early filing data from the IRS. The 2026 tax season opened Jan. 26, and the average refund amount was $2,290 as of Feb. 6, up from $2,065 about…
The Seahawks may have won the Super Bowl, but Anthropic also walked away with bragging rights, according to data analyzed by BNP Paribas. The maker of the Claude chatbot saw visits to its site jump 6.5% following its Super Bowl advertisement that took a swing at rival OpenAI’s decision to bring ads to ChatGPT. The…
Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk’s xAI, which merged with SpaceX last week, is facing increased pressure from environmental and civil rights groups over pollution concerns, this time at the company’s facility in Southaven, Mississippi. On Friday, the Southern Environmental Law Center and Earthjustice, on behalf of the NAACP, sent a notice…
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, Feb. 13, 2026. Samuel Corum | Sipa | Bloomberg | Getty Images President Donald Trump on Friday said he will “shortly” issue an executive order laying out…
US President Donald Trump speaks to the media as he walks to board Marine One prior to departure from the South Lawn of the White House in Washington, DC, on Feb. 13, 2026. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump‘s iron grip on the Republican Party might be starting to loosen, just…
Shares of Roku jumped more than 6% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of…
