Pablo Ferrer Saez and Capital Street Are Bringing Institutional-Level Market Expertise to a Wider Audience
As artificial intelligence continues to reshape the financial sector, veteran market professional Pablo Ferrer Saez is betting that the future of investing will be defined by a combination of technology, experience and greater accessibility. Ferrer Saez, founder of Capital Street, has spent more than 20 years working in financial markets, gaining experience across banks, asset-management-related […]
California’s Insurance Crisis Spreads Beyond Wildfire Zones as Homeowners Run Out of Options
California’s property insurance crisis is expanding beyond the mountainous and heavily wooded communities traditionally considered most vulnerable to wildfires, leaving homeowners in relatively low-risk suburban neighborhoods struggling to obtain conventional coverage. An analysis of insurance data found that major insurers are increasingly declining to write policies across large portions of the state, including rapidly growing […]
Telix Makes $2.35 Billion Bet on ITM to Build a Global Powerhouse in Cancer Radiopharmaceuticals
Telix Pharmaceuticals has agreed to merge with Germany’s ITM Isotope Technologies Munich in a transaction potentially worth $2.35 billion, a major expansion designed to strengthen Telix’s position in the rapidly growing market for radioactive medicines used to diagnose and treat cancer. The combination brings together two complementary businesses. Australia-based Telix develops radiopharmaceuticals for cancer imaging […]
Trump Transforms U.S. Refugee Office Into a $410 Million Global Deportation Network
The Trump administration has dramatically transformed a State Department bureau historically dedicated to refugees and humanitarian assistance into a central component of its immigration enforcement strategy, building a global network of agreements that allows the United States to deport migrants to countries where they have never lived. At the center of the transformation is the […]
Disney’s Discount Strategy Pays Off as Theme Parks Grow While Rivals Lose Visitors
Disney is bucking a broader slowdown in the U.S. theme-park industry, attracting more visitors to Walt Disney World and Disneyland by combining carefully targeted discounts, family promotions, seasonal events and new attractions. Attendance at Disney’s U.S. theme parks increased 3% from a year earlier in the most recent quarter, its strongest attendance growth since 2023, […]
Trump Creates New ‘AI Force’ as Tech Leaders Warn Washington About the Risks of an Uncontrolled Race
President Donald Trump has announced plans to create a new federal “AI Force” and appoint an artificial-intelligence czar, responding to intensifying debate inside the technology industry and his own administration over how the United States should manage increasingly powerful AI systems. Trump compared the proposed organization with the Space Force created during his first administration. […]
Jane Street’s $15 Billion Loss Triggers New Scrutiny of Wall Street’s Hidden Trading Risks
The U.S. Federal Reserve and the Bank of England are reportedly intensifying scrutiny of global banks’ exposure to major trading firms after extraordinary market turmoil left Jane Street with losses of roughly $15 billion in July. The regulatory attention follows the near-collapse of Situational Awareness, an artificial-intelligence-focused hedge fund managed by former OpenAI researcher Leopold […]
Early Voting Begins as Cost of Living and Iran War Reshape the Battle for Congress
Americans have begun casting ballots in the 2026 midterm elections, opening the final phase of a campaign that will determine control of Congress and shape the remaining two years of President Donald Trump’s term. Early in-person voting started Friday in Virginia, while voters in states including Minnesota and South Dakota can begin casting absentee ballots […]
FDA Approves First-Ever Treatment for Sanfilippo Syndrome, Bringing New Hope to Children With a Fatal Rare Disease
The Food and Drug Administration has approved the first treatment for Sanfilippo syndrome type A, marking a historic breakthrough for families affected by an ultra-rare genetic disease that progressively destroys children’s neurological abilities and often leads to death in adolescence. The therapy, called Fayuvi, was developed by Ultragenyx Pharmaceutical and is intended for pediatric patients […]
California’s Vanishing Coast Pits Oceanfront Homeowners Against the Fight to Save Public Beaches
A dramatic battle is unfolding along California’s coastline as powerful waves, severe erosion and rising water threaten expensive oceanfront homes, forcing residents and government officials to confront a difficult question: how far should California go to protect private property when the structures built to save homes can accelerate the disappearance of public beaches? The conflict […]
