The world in a glance.

‘This is unbelievable’: My adviser made $300,000 trading options. Now I’m being killed by taxes. Do I fire him?

“I am getting hit with IRMAA in two years.”

‘AI genuinely freaks me out’: Do I leave my $150,000 nonprofit job for a $215,000 data analytics position — with a 50-minute commute?

“Between layoffs and AI taking over lower-level data work, I’m not sure jumping ship for a big raise makes sense.”

Texas’s governor threatened to pull World Cup grants in battle over ICE enforcement

Democratic cities hosting Fifa matches in the state reverse policing rules in order to receive public security funds

Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here's what could happen next

President Trump has said the government could buy Spirit.

Nvidia’s stock sees its first record close in 6 months — thanks to Intel

Nvidia is finally on track to finish back in $5 trillion territory, capping off an “incredible week” for chip makers.

Intel’s stock extends its spectacular run by posting its best day in nearly four decades

There’s a debate on Wall Street about whether Intel’s financial prospects have materially changed.

US stocks race ahead of Europe as Wall Street shrugs off energy shock

Intel surges above dotcom-era high in latest milestone for tech-powered rebound

There’s a new stock for the nuclear-power IPO trade, and Wall Street is piling in. Should you?

X-Energy’s stock soared out of the gate after the AI-power play’s upsized IPO priced well above the expected range. But how a stock starts out doesn’t dictate how it will perform…

Charter’s stock just got hammered. Here’s what fueled its worst day on record.

Charter lost more internet subscribers than expected in the latest quarter, signaling that the company isn’t out of the woods when it comes to broadband woes.

Why crude prices won’t fall back to levels seen before the Iran war anytime soon

SLB and Halliburton both said this week they expect crude prices to remain higher for longer. That will have immediate implications for a host of products — none as scrutinized as…

Starmer promises imminent laws to ban IRGC

Previous UK governments argued Terrorism Act was for banning non-state terrorist organisations only

Witkoff and Kushner to travel to Islamabad as hopes rise for Iran peace talks

US delegation wants to ‘hear Iranians out’ as Tehran’s foreign minister also confirms trip to Pakistan’s capital

The narrow path to a US-Iran deal

An uneasy ceasefire cannot be the long-term solution in the Gulf

Google to invest up to $40bn in Anthropic

Search giant increases its financial support to help the AI lab add computing power to run its models

Starmer faces further torment over Mandelson scandal as leadership doubts swirl

Ministers and MPs are openly debating how the PM might be removed after elections where Labour is expected to perform dismally

A record 20 million single women own homes — even though it’s more expensive for a woman to buy a house than a man

While the majority of home buyers are married couples, 21% today are single women, compared to just 9% of single men.

Tesla is headed down a path of ‘runaway, unsustainable’ spending, analysts warn

The company plans to spend “in excess” of $25 billion in 2026, far more than it has ever spent in a single year.

London’s luxury hoteliers lose sleep over fall in Middle East visitors

Expensive rooms go unsold as Iran conflict disrupts Gulf travel and dents demand from big-spending guests

The Apple juggernaut and the AI roadblock

John Ternus will face innovation challenges that Tim Cook never had to

New York's pied-a-terre tax sets up legal fight over values

NYC's property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing high-end second homes.

FDA fast-tracks psychedelic drug research following Trump executive order

It's a big shift toward supporting psychedelic-based medicines for treatment-resistant depression, PTSD and substance use disorders, the FDA said.

Trump’s Justice Department drops its probe into Fed’s Powell, paving the way for Warsh’s confirmation

President Donald Trump’s Department of Justice on Friday said that it’s backing down in a standoff over the leadership of the Federal Reserve, an announcement that is expected to…

Law firms push staff to return to UAE offices as ceasefire holds

Some employers will cover costs of returning to Gulf for lawyers who relocated after outbreak of Iran war

Amazon’s chip business scores another major win

Amazon’s stock jumped toward a record high Friday, after the company announced that Meta plans to use tens of millions of the company’s Graviton chips for agentic AI workloads.

US prosecutors drop criminal probe into Fed chair Powell

Breakthrough removes potential hurdle to Kevin Warsh’s confirmation as next US central bank chief

Intel shares surge on AI boom to surpass dotcom bubble high

CEO says US chipmaker has made ‘fundamental’ changes after year-long turnaround

The golden age of arbitrage has begun

The law of one price is in retreat — with major consequences for profits, inflation and innovation

Regeneron inks drug pricing deal with Trump, will offer new hearing-loss therapy for free

Regeneron is the latest in a string of major drugmakers to make pricing concessions for new and existing medicines under agreements with Trump.

Russian oilman tried to buy golf course on railway to British nuclear site

Purchase of Lake District club collapsed this week after government officials and the FT raised questions over strategic location

Spirit Airlines' cash won't 'last for very much longer,' but Trump says government could buy carrier

President Trump confirmed the government could provide a rescue package for Spirit Airlines or buy the carrier outright.

There’s never been a semiconductor rally like this one — and that’s triggering a number of warnings

Parabolic moves in the market “only end one way,” says BTIG’s Krinsky.

Intel’s stock extends its spectacular run — and could see its best daily gain on record

There’s a debate on Wall Street about whether Intel’s financial prospects have materially changed.

Big Four’s shrinkage at the top presages weakness at the bottom line

Professional service firms appear to be braced for flatlining growth

Mandelson row is a cold shower for civil service relations

The fallout from an ambassadorial appointment like no other threatens even worse procedural ‘sludge’ in Whitehall

Nike cuts 1,400 roles in second round of layoffs this year

Nike announced 1,400 layoffs, primarily in its technology department, on Thursday after cutting 775 jobs in January.

I will inherit my parents’ $1.5 million estate. Do I fire the adviser who charges a 3% fee?

“Some stocks have risen, but others have flopped.”

What $1 million buys you in real estate around the world

Luxury real estate in most major markets around the world continues to become more expensive, as the wealthy grow wealthier and more mobile.

‘AI genuinely freaks me out’: Do I leave my $150,000 job for a $215,000 role in data analytics — with a 50-minute commute?

“There’s basically no upward mobility unless someone above me leaves.”

‘My child will need lifelong support’: I’m in my 40s with a $330,000 inherited retirement account. How can I grow it?

“The portfolio has grown, but I can’t help feeling that it hasn’t grown as much as it could have.”

How a U.S. soldier made $400,000 from inside knowledge of Maduro capture plan — and his clumsy attempt to cover it up

A soldier made over $400,000 profiting from inside information on the U.S. capture of Venezuelan leader Nicolas Maduro — and made a clumsy attempt to cover it up, according to an…

Banks charged sharply different fees for access to Anthropic investment

Disparate pricing raises prospect of investors earning unequal returns in the same deal on the basis of who their banker is

America must guard against China’s own Mythos

The US needs to block Chinese access to the most advanced technology

China’s own Mythos is coming — America must prepare

The US needs to block Chinese access to the most advanced technology

Morgan McSweeney held talks with Google DeepMind over AI project

Former Labour chief of staff pitched venture to tech group about the crossover between artificial intelligence and democratic politics

The danger of weaponising dollar swap lines

Putative Fed chair Kevin Warsh could embrace Treasury secretary Scott Bessent’s geoeconomic agenda

Under Warsh, the Fed could embrace Bessent’s geoeconomic agenda

The Treasury secretary wants to use swap lines to lock in dollar supremacy

Donald Trump and the remaking of America’s media order

The president once railed against the ‘fake news’ from the outside. Today, the system itself bears his imprint

KPMG and EY demote partners in end of job-for-life model

Move is a departure from the practice of simply asking underperforming senior partners to retire

As Americans turn to blue-collar jobs for stability, here’s which ones offer the most security — and which offer the least

College affordability issues and tech layoffs have boosted interest in the skilled trades, but “blue-collar work isn’t necessarily insulated from other market forces.”

Trump says Israel and Lebanon will extend ceasefire by 3 weeks

President says US Navy will ‘shoot and kill’ any boat laying mines in Strait of Hormuz