Author: franperez66q@protonmail.com

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldAs global investors with an eye for an opportunity, it is easy to see why Jared Kushner and Ivanka Trump have alighted on the idea of a resort on Albania’s coast. It is not just a stunning spot; in the language of American realtors, it is ripe with opportunity on the last undeveloped stretch of the Dalmatian coast.You can imagine the pitch doing the rounds in New York. To the south are Greece’s taverna-strewn Ionian Islands, including the home of…

President Donald Trump (L) and Sen. Elizabeth Warren (D-MA).Reuters | Getty ImagesSen. Elizabeth Warren, D-Mass., said Thursday that the Trump administration’s overhaul of the Consumer Financial Protection Bureau has cost Americans up to $26.5 billion so far, the latest Democratic critique of sweeping changes made to the agency.In a report shared first with CNBC, Warren said most of that figure comes from moves the CFPB has taken under acting director Russell Vought to roll back rules capping credit card and overdraft fees.The report comes as Vought faces a Senate oversight hearing Thursday on those and other actions, including dismissing enforcement…

Why is Hayward stock climbing today? Source link

As rumors continue to swirl about OpenAI’s work on a personalized smart speaker and other hardware, the company is today rolling out its first branded device. The $230 Codex Micro is a specialized, RGB-lit mini-keyboard designed to let users monitor and quickly interact with multiple Codex agents with a glance and a few clicks. The device is described as a “limited-run collaboration” with Work Louder, which already sells a very similar-looking Creator Micro line of customizable square keyboards targeted at creative professionals. The Codex Micro differentiates itself from those mainly through six frosted keys in the top two rows, which…

Sen. Mike Rounds, R-S.D., a member of the Senate banking committee, said on CNBC’s “Squawk Box” on Thursday that Federal Reserve Chairman Kevin Warsh struck the right in an appearance before the panel this week.”I think his message was a good message. He started off by talking about the need to get inflation under control, the focus that the Fed had on that,” Rounds said. “So I think we’re on the same playing field as what Kevin Warsh wants to be.”Warsh, who took over as Fed chair in May, was on Capitol Hill for two days of testimony this week,…

This article is an on-site version of the Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersOver the past month, the EU’s digital finance ecosystem has quietly taken several important steps into the future. In late June, the European parliament’s economics committee voted through a proposal to establish a retail central bank digital currency (CBDC) for the euro area. Last week, the full legislature authorised negotiations over such a digital euro with the Council of the EU (where member…

The Eli Lilly logo appears on the company’s office in San Diego, California, Nov. 21, 2025.Mike Blake | ReutersEli Lilly will acquire psychedelic drugmaker AtaiBeckley for $2.8 billion up front, the company said Thursday, as momentum grows for using versions of the drugs as mental health treatments. The transaction gives Lilly access to AtaiBeckley’s experimental DMT-based drug that’s being studied in Phase 3 clinical trials for treatment resistant depression. AtaiBeckley is developing several other psychedelics for mental health conditions, including one related to MDMA, also known as ecstasy. AtaiBeckley’s lead drug, BPL-003, is related to dimethyltryptamine, or DMT. The nasal spray is…

Merck wins FDA approval for first oral cholesterol pill Source link

Fireworks founders pose for a photo at the startup’s headquarters in San Mateo, California. From left in front row: Chenyu Zhao, CEO Lin Qiao and Benny Chen. Back row: James Reed, Pawel Garbacki, Dmytro Ivchenko and Dmytro (Dima) Dzhulgakov.FireworksThe cost of the latest artificial intelligence models is increasingly breeding anxiety among finance executives, who have started directing employees to consider open-source alternatives.That’s boosting cloud startup Fireworks, which competes with Amazon and Google to host models that developers can weave into applications. The Nvidia-backed company said Thursday that it has exceeded $1 billion in annualized revenue, five times what it had…

They remain the subject of a sovereignty dispute between Britain and Argentina, with the two countries waging a brief but bitter war over the territory in 1982.A British military task force ejected Argentine forces, who had landed on the Falklands to stake a territorial claim.The 74-day conflict led to the deaths of 255 British military personnel, three islanders and 649 Argentine soldiers.The prime minister’s official spokeswoman said: “Our position is unchanged, self-determination rests with the islanders and our commitment to the Falklands will never waver.”She said any potential action against Argentina players who unveiled the banner was “a matter for…