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Prices at the pump dropped four cents this week due to low oil costs
Gas prices continued their downward descent, dropping by four cents to $3.60 per gallon, AAA’s weekly prices report found. This week’s average is still seven cents more than it…
The race for an AI-powered personal assistant
At Google’s Mountain View headquarters this week, a man clad in a rainbow-hued dressing gown emerged from a giant coffee cup to give a vibrant if somewhat surreal demonstration of…
Under Armour to lay off employees as part of restructuring plan
Under Armour Inc. is initiating a restructuring plan to turn around its mounting losses. Founder Kevin Plank, who was brought back as CEO last month after stepping down at…
Advisers worry as social media investment scams surge
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK regulators are cracking down on financial promotions…
Interest costs on the national debt just surpassed spending on defense, Medicare
Interest payments on the nation’s ballooning debt just eclipsed spending on defense and Medicare, worrying policy experts who have warned this threatens to undermine U.S.…
The epidemic of bogus science
Stay informed with free updatesSimply sign up to the SciencemyFT Digest -- delivered directly to your inbox.The writer is a science commentatorThe 1996 paper is now legendary in…
Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac
Mortgage rates topped 7% again this week, but April inflation numbers are a promising step toward relief, according to Freddie Mac. The average 30-year fixed-rate mortgage was…
Moderna wins case in patent dispute with Pfizer and BioNTech over Covid jab
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Moderna has won a case at the European Patent Office in…
Elon Musk's Neuralink accepting applications for second brain implant participant
Elon Musk announced Friday that his startup, Neuralink, is accepting applications for a second person to get a cybernetic brain implant as part of an ongoing trial. "This is…
Inter Milan refinancing race pits Oaktree against Pimco
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Chinese owner of Inter Milan is racing to refinance…