Author: Admin

Workday’s margin outlook came up short of expectations as the company steps up AI investments.

Local authorities are experiencing some of the highest temporary accommodation bills on record. Councils in England spent £2.8bn last year on homeless accommodation – a 25% increase on the year before and a 100% increase since 2020.How did the bill get so high? The government’s redistribution of social housing stock from public to private hands is largely to blame. Instead of creating the “property-owning democracy” Margaret Thatcher envisioned, her right to buy created a nation of landlords, selling off 2m social homes – 41% of which are now rented out. This, alongside cuts to housing benefit so steep that the…

A Goldman Sachs logo is displayed on the floor of the New York Stock Exchange in New York City, on Wednesday, August 11, 2010. Ramin Talaie | Corbis Historical | Getty ImagesThe global mergers and acquisitions boom that defined 2025 is carrying into 2026, as companies reassess their portfolios and artificial intelligence-led demand fuels large-scale transactions. However, a tightening capital pool is forcing executives to be more selective than ever.Despite a sluggish start as Trump’s sweeping tariffs early last year briefly scuttled acquisitions and new public listings, the total value of deal-making activity surged 40% to $4.9 trillion in 2025,…

Artificial intelligence firm Anthropic has accused three AI firms of illicitly using its large language model Claude to improve their own models in a technique known as a “distillation” attack. In a blog post on Sunday, Anthropic said that it had identified these “attacks” by DeepSeek, Moonshot, and MiniMax, which involve training a less capable model on the outputs of a stronger one.Anthropic accused the trio of generating “over 16 million exchanges” combined with the firm’s Claude AI across “approximately 24,000 fraudulent accounts.” “Distillation is a widely used and legitimate training method. For example, frontier AI labs routinely distill their own…

Cava issued an upbeat sales forecast for this year, as cautious customers shook off the effects of snowstorms and last year’s government shutdown to return to the Mediterranean fast-casual chain for bowls and salads.

Yen under pressure after Takaichi report; Aussie higher on inflation

Key PointsJoby Aviation and Archer Aviation are two of the most well-known eVTOL stocks.Simply because a stock isn’t popular doesn’t mean it’s not a valid investment option.An investment in a pre-revenue company such as an eVTOL stock requires investors to be comfortable with a higher degree of risk.10 stocks we like better than Vertical Aerospace ›In these early days of electric vertical takeoff and landing (eVTOL) flight, there are the usual suspects. Joby Aviation (NYSE: JOBY) and Archer Aviation (NYSE: ACHR) are two companies at the vanguard of this revolution in air travel.But they’re not alone. Another eVTOL specialist has…

A Lucid Gravity coming off the line at the company’s factory in Casa Grande, Arizona.Lucid Group reported mixed fourth-quarter results Tuesday as the electric vehicle maker continues to face challenging market conditions and internal struggles.The company widely missed Wall Street’s quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also revised its 2025 production results due to internal validation issues, but guided for a notable increase in vehicle production this year.Here’s how the company performed in the fourth quarter compared with average estimates compiled by LSEG: Loss per share: $3.62 vs. a loss of $2.62 cents expected Revenue: $523…

Jamaica cuts rates as outlook for inflation improves – Central Banking Skip to main content End of drawer navigation content Figure expected to return to target by December, central bank says The Bank of Jamaica on February 23 cut its policy rate by 25 basis points to 5.5% and said the direct impact of last year’s hurricane on inflation had been less severe than expected. The bank said the cut – its first since last May – had been made possible by a better-than-expected improvement in agricultural supplies and a rally in the Jamaican dollar over recent months, both of which…

SAN FRANCISCO, CA – Crypto isn’t just building faster payments rails. It may be building the financial system for non-humans.As AI agents grow more autonomous, developers are already giving them crypto wallets, allowing software to hold assets, pay for services, trade tokens and even hire other agents. The technical pieces are falling into place. The legal ones are not.At a recent panel at NEARCON 2026, Electric Capital’s Avichal Garg framed the moment as historically significant.“What happens if there’s not a human behind it at all?” Garg asked. “It’s some piece of code that owns a wallet, executing code to make…