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Trump risks confidence in U.S. role as guardian of global shipping | Fortune

Of all the things Donald Trump has done to disrupt global commerce, from levying punitive tariffs to tearing up trade deals, few would be as consequential as withdrawing and leaving the rest of the world to secure the Persian...

Is AI the new fracking?

The backlash against data centres chimes with energy Nimbyism of the past Source link

AI angst mutates into ‘FOBO’ as Fear of Becoming Obsolete fuels quiet resistance across the economy | Fortune

There’s a new acronym reshaping how workers think about their careers: FOBO — the Fear of Becoming Obsolete. Unlike traditional job insecurity, FOBO isn’t about getting fired. It’s about becoming irrelevant. Four in 10 workers now name AI-driven job...

‘It’s shocking how poorly prepared the administration is’: DOGE gutted major energy personnel who warn the U.S. has lost key insights amid Iran war...

About six months before the first U.S.-Israeli attack on Iran, the Trump administration gutted the Bureau of Energy Resources (ENR), an 80-person team within the State Department tasked with leading international energy diplomacy. The cuts were part of the...

Stagflation fears demolish confidence in UK housing

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s largest housebuilders have long complained about a lack of demand for their properties. After several years of above-inflation wage...

The professional negotiators who do deals with cyber criminals

A global surge in ransomware attacks has driven the rise of specialist negotiators who are skilled at buying time, gathering intelligence and cutting deals with hackers.Professional ransom negotiators have become a booming part of the cyber security industry as...

Ryanair CEO says book summer trips before fares soar, predicting French air traffic controllers more likely to cause flight chaos than fuel shortages |...

 If the U.S.-Israel war on Iran continues into the summer, then airlines will start running out of jet fuel and will be forced to trim flights, according to Ryanair CEO Michael O’Leary.In an interview Thursday with the U.K.’s ITV...

Trump warns Iran it has 48 hours left as airman remains missing | Fortune

President Donald Trump said Saturday that time was running out on his 10-day deadline for Iran to make a peace deal with the US and threatened that the Islamic Republic would face “all hell” in 48 hours.“Remember when I...

The economy can shed jobs and still keep the labor market balanced, as Trump’s immigration crackdown turns breakeven hiring negative | Fortune

The most closely watched U.S. economic indicators have turned upside down as President Donald Trump’s immigration crackdown sends the labor force into reverse.According to a report from Dallas Fed economists on Tuesday, the breakeven rate of employment growth, or...

In this buyer’s market, one home seller took an offer $10,000 below asking price, covered $5,000 in closing costs, and paid for $12,000 in...

The economic fallout from the war with Iran is driving up the cost of buying a home, even as other housing market trends in many parts of the country favor home shoppers this spring.Mortgage rates have been rising since...
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‘We are at the edge of a battlefield’: BBC reports near Strait of Hormuz

The BBC's senior international correspondent Orla Guerin has travelled to the edge of the Strait of Hormuz in Oman,...
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