Alarm Grows Over Looming "Economic Apocalypse"

Top affordability win from Trump’s SOTU

Looming semiconductor disaster

Wave of Christian preachers arrested

⭐ Editor’s Pick: Trump pledged a new retirement-savings plan to give Americans without employer-based 401(k) access to tax-advantaged accounts. (BBG)

Trump slammed a Supreme Court ruling that struck down his tariff policy as “unfortunate” and said he plans to keep pushing new duties. (INV)

Florida lawmakers are fast-tracking a plan that would phase out most property taxes on primary homes. (FBN)

U.S. consumer confidence rebounded modestly in February. (AF)

Federal Reserve Governor Christopher Waller said he doesn’t expect AI adoption to totally upend the job market in the U.S. (RTS)

⭐ Editor’s Pick: If you’re over 60, Morningstar listed four of the best financial moves for strong returns. (MS)

Jefferies highlighted six beaten-down stocks poised to outperform once sentiment around the AI scare trade stabilizes. (BI)

Zacks listed its picks for the top S&P 500 ETFs that are likely to outperform your portfolio. (ZIR)

Insider Monkey highlighted 10 stocks that hedge funds are bullish on as top buys to hold for the next 3 years. (IM)

⭐ Editor’s Pick: Bill Gates apologized to Gates Foundation staff for his past association with Jeffrey Epstein and acknowledged he’d had affairs with two Russian women. (WSJ)

Trump is considering requiring banks to verify customers’ citizenship information as part of its immigration crackdown. (WSJ)

Warner Bros. Discovery said Paramount Skydance raised its takeover offer to $31 per share. (CNBC)

Stripe is considering a potential acquisition of PayPal. (BBG)

Lamborghini canceled its planned first all-electric vehicle. (CAD)

⭐ Editor’s Pick: Valar Atomics unveiled its first nuclear site in Utah to the public. (X)

Researchers developed a method that could make recycling electronics into critical minerals profitable. (IE)

JPMorgan forecasts gold could hit about $6,300 per ounce by the end of 2026. (RTS)

⭐ Editor’s Pick: Meta is planning to integrate stablecoin-based payments across its apps later this year. (CD)

The White House said Trump has no plans to pardon former FTX CEO Sam Bankman-Fried. (TB)

MoonPay launched an AI agent that creates and controls wallets to hold and move crypto on-chain autonomously. (CT)

Kalshi removed all its affiliate badges from X after the platform tightened rules around paid promotions. (CRYP)

⭐ Editor’s Pick: Anthropic expanded its Claude Cowork AI agent with new tools that automate tasks in investment banking and human resources. (BBG)

The Pentagon gave Anthropic until Friday to drop restrictions on its Claude AI model so the U.S. military can use it without limits. (AX)

A U.S. federal judge in California dismissed xAI’s trade-secrets lawsuit against OpenAI. (RTS)

Alibaba is intensifying its push into AI coding tools by offering low-cost access plans for developers aimed at writing software. (BBG)

AWS introduced new AI video tools that automatically find, crop and create clips from live sports footage for social-media distribution. (SA)

AI researchers developed a new algorithm that can non-invasively classify childhood brain cancers with 92% accuracy. (SM)

⭐ Editor’s Pick: A team at Kyoto University unveiled “Buddharoid,” a humanoid robot that gives spiritual advice. (KYO)

Waymo opened its driverless robotaxi service to select riders in Dallas, Houston, San Antonio and Orlando. (CNBC)

On Holding AG opened a highly automated sneaker factory in South Korea staffed with robots to mass-produce its shoes. (BBG)

Robotics company Foundation is pitching the U.S. government on using its “Phantom” humanoid robots for future military roles. (NBC)

Researchers developed robots that can reconfigure their bodies on the fly using smart materials. (TXE)

⭐ Editor’s Pick: Three founders raised $6 million for Swan, an AI-driven startup with no employees beyond its founders that sells a coding agent built for go-to-market professionals. (CTH)

Self-driving startup Wayve raised $1.2 billion in a Series D at an $8.6 billion valuation with investors including Mercedes-Benz. (PB)

AI chip startup MatX raised $500 million in a funding round led by Jane Street and Situational Awareness. (BBG)

AI accounting startup Basis raised $100 million in a Series B at a $1.15 billion valuation. (TFN)

⭐ Editor’s Pick: German police opened a criminal probe into a man for calling Chancellor Friedrich Merz “Pinocchio” on Facebook. (HC)

Trump announced that U.S. Olympic men’s hockey goaltender Connor Hellebuyck will be awarded the Presidential Medal of Freedom. (ESPN)

A judge rejected a defense motion to disqualify prosecutors in the murder case against Tyler Robinson, who’s accused of murdering Charlie Kirk. (CF)

Chicago Bears GM Ryan Poles criticized the NFL’s DEI draft-pick incentive rule. (DM)