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European airports warn new border system causes up to three-hour delays

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.European airports in 15 countries have reported “very bad” delays resulting from the EU’s new electronic border system, with the sector...

The dirty secret behind Big Tech’s AI arms race: Massive hardware investments that are obsolete in 3 years | Fortune

There’s a wild paradox in the middle of the biggest story in tech right now. The GPUs and other essential hardware that the hyperscalers are spending so lavishly to pack into their data centers with, it turns out, go...

‘Bifs’ replace ‘Piigs’ as Europe’s bond market whipping boys

Britain, Italy and France have borne the brunt of a sovereign debt sell-off sparked by the Iran war Source link

Trump’s White House: America is short 10 million houses | Fortune

White House economists estimate the United States has a shortage of 10 million houses, according to a new report out Monday — and say regulatory cuts could lead to more construction to stabilize prices, increase home ownership and fuel faster economic...

UK migrant workforce grew strongly last year despite weaker hiring

Stay informed with free updatesSimply sign up to the UK employment myFT Digest -- delivered directly to your inbox.The UK’s migrant workforce continued to grow strongly last year despite a broader slump in hiring, official data showed on Tuesday. Payrolled...

What if Texas’ destructive Tax Day flood had centered on inner Houston instead? It’s why cities should plan for the improbable

Ten years ago, the infamous Tax Day storm swamped the Houston area with off-the-charts rainfall. Nearly 2 feet of rain fell in less than 15 hours in parts of the region, starting on April 17,...

‘If I am going to advocate for others to kill and commit crimes, then I must lead by example’: OpenAI suspect’s chilling manifesto |...

The man accused of throwing a Molotov cocktail at OpenAI CEO Sam Altman’s home had written about AI’s purported risk to humanity and traveled from Texas to San Francisco intending to kill Altman, authorities said Monday.Authorities allege 20-year-old Daniel Moreno-Gama threw...

Tariffs are the new normal, and now most CEOs expect the import taxes to outlast the Trump administration, PwC report finds | Fortune

Ancient Greek philosopher Heraclitus was credited for saying, “Change is the only constant,” and about 2,500 years later, American CEOs are heeding his wisdom.Executives are accepting tariffs as the new normal and are preparing to weather the levies even...

JD Vance takes on ‘poisoned chalice’ of Donald Trump’s foreign policy missions

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldUS vice-president JD Vance returned to Washington on Sunday with little to show for his efforts to deliver on...
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Trump says Iranians have

President Trump said in a...
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