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Economic growth cooled near the end of 2025 while inflation held firm, according to data released Friday that could complicate the Federal Reserve’s interest rate path.Gross domestic produce rose at an annualized rate of just 1.4%, according to Commerce Department numbers released Friday. Economists surveyed by Dow Jones had been looking for a 2.5% gain.For the full year in 2025, the U.S. economy grew at a 2.2% pace, down from the 2.8% increase in 2024. At the same time, inflation held firm in December, according to the gauge most closely watched by Fed officials.The core personal consumption expenditures price index,…
Move over, PayPal mafia: There’s a new tech mafia in Silicon Valley. As the startup behind ChatGPT, OpenAI is arguably the biggest AI player in town. The company is reportedly now in talks to finalize a $100 billion deal, valuing the company at more than $850 billion. Many employees have come and gone since the company first launched a decade ago, and some have launched startups of their own. Among these, some have become top rivals (like Anthropic), while others, just on investor interest alone, have managed to raise billions without even launching a product (see, Thinking Machine Labs). In January, Aliisa Rosenthal, OpenAI’s first sales leader, spoke a little bit about this growing network. She, like the other OpenAI alums who did…
Pep Guardiola insists he is not focused on the title race – after Arsenal dropped points against Wolves on Wednesday.Manchester City could go two points behind the Gunners if they beat Newcastle on Saturday night but Guardiola again stressed that there is a long way to go.Advertisement“They were nine points when we had a game in hand, so whenever everybody is on the same fixtures and games being played then after we will see the difference,” Guardiola said.“Many things are going to happen. I said weeks ago. Many thing are going to happen until the end of the season.“12 games…
Tesla has announced a new all-wheel drive Cybertruck that starts at $59,990, the cheapest the controversial truck has been sold for yet — though still well above the $40,000 price tag Elon Musk had initially promised. It’s been joined by a $15,000 price cut for the high-end Cyberbeast variant, as Tesla doubles down on its efforts to turn slow Cybertruck sales around.The new dual motor AWD variant is available now from Tesla’s site. It’s cheaper than the rear-wheel drive version that was launched last year and discontinued a few short months later, but includes features not seen on that model…
As far as fashion is concerned, Rihanna has always been ahead of the curve—able to dabble in trends in a genuinely fearless manner. Risk-taking is central to her style influence, and what better time to revisit her epic wardrobe than today, on her 38th birthday?Off-duty, Rihanna is a true fashion girl. By day, she’s in tracksuit-stiletto combos, gargantuan puffer jackets, and killer thigh-high boots. By night, she’s often wearing similarly casual gear, with the added touch of some vintage jewelry (or lots of diamonds) and a designer coat. Uniting her day-to-night dressing? A sense of fun and excitement: Don’t ever…
HBO may have just released the first teaser for season three of House of the Dragon, but we’re quite fond of the corner of Westeros currently occupied by A Knight of the Seven Kingdoms. Sure, we’ll be excited for the fire-breathing beasts and more ferocious scrambling for the Iron Throne when June rolls around, but the more intimate adventures of Dunk and Egg have been a delightful (if often brutal) time. And a lot of TV fans agree: A Knight of the Seven Kingdoms, which started off strong, is now a certified ratings smash. According to Variety, A Knight of…
Getty Images Discussions across the NBA about the league’s tanking issues intensified throughout the All-Star break and will result in tangible changes starting next season. Commissioner Adam Silver informed the NBA’s general managers on Thursday that the league plans on making anti-tanking rule adjustments to take effect in the 2026-27 season, according to ESPN.While the league has yet to announce the exact measures it will take to combat tanking, it reportedly discussed over the last month seven potential rule changes. Some of the proposals reflect those suggested by fans in recent weeks as tanking became the NBA’s most hot-button topic.The…
Wooden barrels are what make the magic happen in your favorite bottle of whisky. They’re also the source of a long-standing problem in the spirits industry: They leak. A lot.At Bacardi Limited, the world’s largest privately held spirits company, barrel leakage is a massive headache. Consider the company’s Dewar’s blended Scotch whisky brand (just one of the dozens it owns). Most of the time, Dewar’s will have over 100 warehouses full of aging barrels of whisky, 25,000 casks in each one. Barrels will mature for three to 12 years, and according to Angus Holmes, Bacardi’s whisky category director, many of…
An assortment of Bath & Body Works products.Courtesy of Bath & Body WorksBath & Body Works Champagne Toast body wash, with no minimum shipping threshold, is now just a click away for Amazon Prime members.The mall-favorite brand is making some of its best-selling fragrances, body washes, hand soaps and candles available for Amazon’s U.S. shoppers. The selection is also eligible for Prime shipping. Amazon is the No. 1 online destination for U.S. beauty shoppers, accounting for 47% of the online beauty and personal care market in the U.S. in 2024, according to Euromonitor. Sephora is second with 9% share. Euromonitor…
Bixby isn’t typically part of the conversation when it comes to virtual assistants for mobile devices, but Samsung is clearly hoping that you would use it more. The company has launched the latest version of Bixby with the new One UI 8.5 beta, and it has been tweaked to work as a “conversational agent.” Samsung says you’ll now be able to talk to it and give it tasks using natural language, like how you’d talk to other people or, these days, to chatbots.You don’t have to remember exact commands or names for specific settings. You can just describe what you…
