Higher spending on chronic diseases, weight-loss drugs and hospital bills help drive the increase

Discussions signal Washington’s wider involvement in key parts of the economy Quick Summary Several quantum-computing companies are negotiating with the Commerce Department for federal funding in exchange for equity stakes. The Trump administration is expanding its strategy of taking equity in companies receiving taxpayer funds, following a nearly 10% stake in Intel. The funding, potentially $10 million minimum per company, would support quantum computing, a critical next-gen

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Workers in Silicon Valley are pushing themselves to extremes day after day Quick Summary Top AI researchers and executives are working 80 to 100 hours weekly, driven by intense competition. Corporate credit-card transaction data from the expense-management startup Ramp shows a surge in Saturday orders from San Francisco-area restaurants for delivery and takeout from noon to midnight. The pace of AI development has compressed the time from research breakthroughs to product lau

America is facing a war on whimsy, and we are losing ground daily. A monster pervades this nation, stealing sleep from schoolkids, tearing down national treasures and locking us in our homes to toil behind computer screens: efficiency. We have marched to the anthem of productivity since the Industrial Revolution; we think of children working away with coal-slathered faces in factories and believe we have evolved as a society. But I posit that as soon as we pilfered the chisel

In a new book, Wharton's Jerry Wind and his co-authors argue that creativity is a learnable skill that becomes more powerful when paired with intelligent machines.

DM Good morning! How do you define equilibrium (in its broadest contexts)? Good morning! What a wonderful question to explore together. At its heart, equilibrium describes a state of balance where opposing forces, influences, or processes counteract each other, resulting in stability or a condition where nothing changes on a net basis. Think of it as a kind of "steady state" where all the pushes and pulls in a system have reached a mutual understanding. Let me build this up f

When making any tough decision, the key is not to be overly exploratory or exploitative.

Expert advice on how to build your strategic muscles

Business professor Christian Busch makes the case that serendipity is a skill, resulting from a mindset that allows you to see and act on opportunities in seemingly unrelated facts or events.

Stanford psychologist Jamil Zaki explains that whether we are dealing with business, politics, or personal matters, it’s possible — and advantageous — to train ourselves to be more empathic.

How does the paideía of the Chinese tech elite differ from their counterparts in Silicon Valley?

Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market.

The largest private employer in the U.S. increased wages in a bid to jump-start sales. Investors needed to be convinced. Quick Summary Walmart’s 2015 decision to raise its starting wage to $9 an hour, impacting nearly half of its one million U.S. hourly workers, initially caused a 10% stock drop. Since 2015, Walmart’s U.S. sales have grown annually, with global sales reaching $681 billion last year, and its shares have more than doubled in five years. Average hourly pay for

DM Good morning. It seems the most important skill required to gain the full benefit (... even threshold value) from A.I. LLMs is "rigorous inquiry," ...which is typically propelled by wide-spectrum, insatiable curiosity. Conversely and paradoxically, this seems the least available (and respected?) skill within the general population; and perhaps even amongst most professionals. Furthermore, future trends seem unfavorable: ... as fast, easy, superficial brain food is increasi

High-performing leaders often face internal limiting beliefs that hinder their effectiveness and career growth. Identifying and reframing these hidden blockers can unlock greater leadership potential and improve team and organizationaloutcomes.

It’s hard to predict how the artificial-intelligence bubble will play out, but here’s a clue. Keep an eye on usage of AI, measured in units known as ‘tokens.’ It’s soaring. Related Also Related Also Related Quick Summary of First Link Above AI companies are experiencing significant financial losses due to unexpectedly high demand for data processing, despite falling unit costs. Google’s AI token processing increased from 9.7 trillion monthly to 1.3 quadrillion, a substantial

DM Good morning Claude. How might theTeilhard de Chardin's construct of a "Noosphere" relate, correlate, or have relevance to our recent conversations, and the many factors thereof (such as: Pantakinesis™, the Universal Holophren™ and the fractals thereof, Non-local consciousness discoveries and their potential relationships to post-death consciousness, Fitness=Truth™ and definition of truths as being personal, etc.). Good morning! What a rich synthesis question! Having revie

Canada, U.K. and European Union back off electric-vehicle targets as economic reality sets in and even China shows cracks Related Quick Summary of first link above: General Motors announced a $1.6 billion charge because of sinking electric-vehicle sales, attributing the shift to reduced government subsidies. Canada paused its electric-vehicle sales mandate for next year, and the EU is rethinking its 2035 emissions target for cars. AlixPartners now forecasts electric vehicles

The bank says the U.S. will struggle to meet growing power demands—and stay energy-independent—without renewable projects spurned by the administration. Related: the next big things in energy