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When Microsoft co-founder Paul Allen died on Oct. 15, 2018, he left behind an estimated US$26 billion that he wanted to largely leave to charity.Allen died at 65 of septic shock after a yearslong cancer...

Economist Larry Summers will resign from his tenured job as a professor at Harvard University, the school announced on Feb. 25, 2026, following heightened scrutiny of his ties with the late convicted sex offender Jeffrey...

Artificial intelligence (AI) is taking over routine tasks, boosting productivity, and allowing employees to focus on more interesting and strategic projects. And that is just the start: The McKinsey Global Institute (MGI) estimates that in the next five years,...

OpenAI has begun introducing ads to ChatGPT and AI avatars now sell their wares from LinkedIn to YouTube. Consumers must grapple with an unprecedented change to how goods and services are bought and sold. Meta has not only opened up chatbots to targeted ads,...

Warner Bros. Discovery has formally declared Paramount Skydance’s latest takeover proposal a “superior” offer to its existing deal with Netflix, escalating one of the most dramatic bidding wars Hollywood has seen in years. The determination prompted Netflix to withdraw...

Federal health care spending has reached a historic turning point. It is now the single largest category of federal expenditures, having surpassed other spending categories including Social Security, national defense, and interest payments made to chip away at the...

It’s been a bad few months for Bitcoin, as prices have fallen over 40% since October. For investors this has been especially frustrating since, unlike in previous downturns, there has no obvious explanation for the market malaise. This week,...

Over the past week, a highly speculative piece of financial fiction has gripped Wall Street. Titled “The 2028 Global Intelligence Crisis,” the viral essay by Citrini Research and Alap Shah paints a catastrophic picture of an economy destroyed by...

With warnings of a white-collar “jobpocalypse” growing louder, the outlook for Gen Z college graduates can seem bleak. Among aspiring tech workers in particular, the anxiety has been especially intense. Coding tasks once left to junior developers can now...

The Justice Department said Wednesday that it was looking into whether it had improperly withheld documents from the Jeffrey Epstein files after several news organizations reported that some records involving uncorroborated accusations made by a woman against President Donald Trump were...