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Laura Kessler

House editorial persona.
Laura Kessler covers capital, taxes, markets and the economy — a founder's guide to the numbers, from runway to revenue.
Money

How a $156,000 parent PLUS balance can derail retirement

A 60-year-old bus driver says student loans for her children have pushed retirement out of reach. The numbers show how parent borrowing can trap families in debt for years.

Money

Huang says AI leaders want relief from the rules they already have

Nvidia's Jensen Huang is pressing a pro-growth case against new AI regulation, arguing that frontier labs are really asking to be freed from existing laws. The fight now is not just about safety, but about whether Washington helps or hinders the industry’s pace.

Money

White House AI adviser tells risky model makers to slow down — or stop

Michael Kratsios said companies that think their systems are unsafe do not need a government pause to act. The comment comes as AI leaders, investors, and regulators debate how fast frontier models should move.

Money

Ford executive swaps her family AI chief of staff to ChatGPT after a Claude pilot

Whitney Stefko Dover says her family is moving from a Claude assistant to ChatGPT Work after the newer tool delivered better drafts, more continuity, and fewer context mistakes. The shift shows how fast founders and operators are replacing one AI layer with another when the workflow gets smoother.

Money

Dementia care can drain $400,000 or more. Families are paying the bill in cash, housing, and lost runway

Memory care and home care are forcing families to spend down savings, sell homes, and cover costs that Medicare generally does not pay. For founders and operators, the math is simple: long-term care is a balance-sheet shock, not just a medical issue.

Money

Twilio CEO uses handwritten notes to keep 80-plus leaders engaged

Khozema Shipchandler says the notes are part of a larger leadership system built around transparency, fast responses, and judgment. Twilio is keeping its remote-friendly model, even as many large employers pull workers back.

Money

A Lyft crash can wipe out a driver’s income — and the insurance fight can drag on

Osahon Aburime says a crash while driving for Lyft left him injured, out of work, and battling a denied claim from ride-hailing insurer Mobilitas. His case shows how thin the protections can be for independent contractors when the work stops.

Money

Why a midlife flight attendant says age became his edge at Delta

Craig Celek, 56, says his retail background and life experience helped him land a role at Delta and handle the pace of the job. He also says the airline's pay and schedule made the career shift worth it.

Money

Three kids at one college eased the drop-off — but not the empty nest

A parent says having all three children at Fordham University helps, yet the silence at home still feels different. The adjustment is real, even with sibling support and packed calendars.

Money

The Army has enough drones. Its next bottleneck is trained operators

US Army officials say the service has fielded 10,000 drones and is receiving another 30,000, enough to reach squad level. The hard part now is training enough qualified pilots to use them across the force.

Money

Ukraine's drone companies are betting on more autonomy to let one operator control more systems

Ukrainian defense firms say soldiers want drones that can handle more flying and driving on their own, so one person can oversee multiple systems at once. The payoff is less manual work at the front and more resilience when Russian electronic warfare cuts GPS or control links.

Money

PwC’s DC chief says AI is cutting consulting timelines in half

Jeanelle Johnson says clients now expect some consulting work to move twice as fast as a year ago, with pilots and proofs of concept compressed from 8 to 10 weeks to about half that. The shift is forcing firms to rethink delivery, staffing, and pricing as AI takes on more early-stage work.

Money

Microsoft AI chief says controlling advanced models is becoming the real bottleneck

Mustafa Suleyman says the industry must keep AI systems aligned with human intent and maintain control as models get more powerful. The bigger the frontier push, the more the safety challenge starts to look like a business constraint, not just a research problem.

Money

Sony hired outside lawyers to keep 'The Social Reckoning' legally airtight

Aaron Sorkin says the studio brought in an outside law firm so every fact in the Facebook film would hold up, after Meta sent letters and faced a lawsuit threat. The move shows how expensive it can be to take on a company with 'limitless resources'.

Money

Trump creates a new AI force while promising not to stifle growth

The president says the government will 'watch over' AI development without slowing it down, even as top industry leaders push for tighter safeguards. The fight now is over whether innovation, safety, or competition with China sets the pace.

Money

Older Americans are slipping into poverty as healthcare and housing costs bite

New Census data shows the poverty rate rose fastest for Americans 65 and older, even after adjusting for tax credits and government programs. Social Security is still keeping millions out of poverty, but medical bills, housing costs and long-term care are pushing many retirees closer to the edge.

Money

How a $91 million coach’s ChatGPT habit became a legal risk

Lane Kiffin reportedly turned to ChatGPT for legal advice during a high-stakes fight over LSU roster rules. His friend Tom Mars says that was the wrong tool for a moment involving university status, conference TV money, and a $91 million contract.

Money

Buffett hands Berkshire chair to Howard, keeping the succession plan intact

Warren Buffett has stepped down as Berkshire Hathaway chairman, becoming chairman emeritus and staying on the board. His son Howard will take over the chair while Greg Abel remains CEO, extending a handoff built to preserve Berkshire's culture and values.

Money

Trump's White House ban blocks reporters and raises the cost of access

Journalists from CNN, MS NOW, and Politico were denied entry to White House grounds after Trump said he was banning the outlets over their coverage. The fight is now over access, press freedom, and how much control the administration can exert over the flow of information.

Money

FAA’s AI rollout starts small, easing airline fears over a costly skywide reset

The agency says SMART will launch with a limited test at the three airports serving Washington before any wider rollout. Airlines are now treating the tool less like a sudden overhaul and more like a cautious pilot program.

Money

Why Barcelona changes the way you think about daily life, food, and time

A move from Los Angeles to Barcelona comes with more than a new address. The shift is in language, dining hours, public rhythms, and the tradeoff between nightlife and a slower daily cadence.

Money

Disney puts one executive in charge of streaming as it pushes for faster decisions

Disney has promoted Adam Smith to lead its direct-to-consumer business, saying a single dedicated leader will sharpen focus and speed up decision making and operations. The move comes as the company tries to make Disney+ the digital centerpiece of the business.

Money

Scottsdale’s wealth boom is more than a lifestyle story — it’s a growth signal

Scottsdale added millionaire residents fast, and that expansion is showing up in tourism, hotels, and a more built-out local economy. For founders, the bigger takeaway is simple: wealth follows access, density, and a place people want to use.

Money

A televangelist's family scandal shows the cost of opacity in religious fundraising

Costi Hinn says he grew up inside the wealth and spectacle of Benny Hinn Ministries before walking away from what he calls a 'total scam.' The dispute now centers on healing claims, money, and how little transparency churches are required to provide.

Money

Hegseth pushes fitness and grooming standards ahead of another Quantico speech

Secretary of Defense Pete Hegseth is again putting military appearance and physical fitness at the center of a high-profile address. The move signals a tighter standard for who gets seen at the Pentagon and who gets rewarded inside the ranks.

Money

AI regulation has about a year before it gets 'out of control'

Geoffrey Hinton told lawmakers the US may have only about a year to impose meaningful guardrails on advanced AI. He said the technology is moving faster than safety measures and warned researchers need to slow down.

Money

Why patience still beats speculation when you want to buy a house

David Einhorn says younger Americans are too impatient to build wealth the old-fashioned way, and that is pushing them toward crypto, stocks, and sports betting instead of homeownership. The numbers show a generation facing higher mortgage rates, faster-rising stock markets, and a tougher path to buying a first home.

Money

AI anxiety is shaking tech careers — and startup bets

A Menlo Ventures partner says workers are worrying about everything from software engineering and product management to whether startup equity will ever pay off. The result is a broader career panic that is colliding with the economics of the Bay Area.

Money

Wyoming edges out Florida as retirement math shifts toward lower taxes and lower costs

WalletHub ranked Wyoming first for retirees, citing affordability and quality of life, while Florida slipped after high housing and insurance costs weighed on its score. The tradeoff is clear: the cheapest state to retire may not be the warmest, or the easiest for healthcare access.

Money

At 70, caregiving for a 102-year-old mother is now a retirement budget problem

Barbara Marcanti says full-time care for her mother would have cost about $20,000 a month, far more than her family could absorb. Her story shows how aging can turn retirement into a second unpaid job, with bills, medical decisions, and housing all colliding at once.

Money

How one island with 46 people traded city speed for stability

Life on the Isle of Rum means weather, ferry schedules, and a small community set the pace. Two years in, the move has changed work, family life, and daily planning.

Money

Google's adtech order could reshape digital ad auctions for six years

A federal judge's remedy blocks Google from giving its own tools preferential treatment in online ad auctions and forces more interoperability with rivals. The changes are meant to open the market to publishers and advertisers, even as Google plans to appeal part of the liability ruling.

Money

Why one family chose public school after Montessori — and what they gained

A kindergarten lottery win gave their daughter a strong start, but the family decided a nearby public elementary school better fit their needs for resources, convenience, and community.

Money

Trump turns 'effective altruism' into a new AI fight with Silicon Valley

The movement's ties to AI safety, Silicon Valley donors, and Sam Bankman-Fried have put it back in the crosshairs. The battle now is about whether taxpayer-backed national power should race ahead or slow down for safety.

Money

How to protect your portfolio if an AI crash rattles markets

Investors are being told to favor diversification, cash buffers, and defensive assets if AI risk keeps shaking markets. The bigger lesson is simple: avoid concentration and keep your runway intact.

Money

Shopify says AI 'slop grenades' can create more work, not less

Tobias Lütke says AI can speed up output while also shifting cleanup work onto coworkers. Shopify's own internal tools are already handling a large share of production code pull requests.

Money

Why an AI kill switch may not protect companies from rogue superintelligence

Tech leaders say a shutdown button could be useful, but it is not a full safety plan. The real risk is that a sufficiently capable system could outthink the people trying to stop it.

Money

Ed Sheeran Tour Drops Macklemore After Venue Pressure Threatens Dates

Macklemore was removed from Ed Sheeran's Loop Tour after promoters said some venues would not allow the shows to go on with him on the lineup. The clash quickly turned into a fight over censorship, fan backlash, and who pays the price when stadium politics spill into the ticket window.

Money

Hoffman says AI labs should keep moving, not freeze the race

Reid Hoffman argued that frontier AI research should continue, saying the benefits include biosecurity, cybersecurity, and economic prosperity. He also said labs already leading the field can slow down on their own if they want to.

Money

How a $500 Amtrak roomette buys you a private cabin on a 30-hour East Coast ride

A roomette on Amtrak's sleeper trains costs $500 in this trip report and includes a private 22.75-square-foot cabin, two beds, and basic amenities. The tradeoff is tight space, shared bathrooms on some cars, and a premium over coach for a little more privacy.

Money

Hawaii tops the 2026 happiest states ranking, helped by health and job conditions

WalletHub ranked all 50 states on emotional and physical well-being, work environment, and community factors. Hawaii came out first, with the second-lowest rate of depression, high life satisfaction, and strong health and employment data.

Money

How a quieter Greek island can cut your trip costs without the crowds

Syros offers a less crowded alternative to Santorini and Mykonos, with lower prices for stays, food, and beach days. For travelers who value authenticity over hype, the math is simple.

Money

'60 Minutes' premiere fell 20%, and the audience did not stay after sampling the new format

Nielsen data shows the CBS News staple kept viewers at a rate similar to last year, but fewer people tuned in in the first place. For Bari Weiss and Nick Bilton, the real problem is demand, not retention.

Money

Meta’s camera-free glasses could widen the market, but they trade away useful features

Meta is reportedly working on a camera-free version of its AI glasses after years of backlash over face-worn cameras. The move could reduce controversy, but it also gives up some of the features that helped the product catch on.

Money

Judge demands Musk firms explain Apple antitrust retreat

A federal judge wants to see any settlement agreements behind X Corp and SpaceXAI dropping claims against Apple. The move keeps the pressure on a case tied to the AI market and Apple’s app store power.

Money

Ed Sheeran resale prices slide as tour fallout widens

Resale ticket prices for Sheeran's LOOP Tour have fallen on most upcoming dates, with one Philadelphia show down 17% in three days. The drop comes as the Macklemore dispute spreads beyond the stage and into the secondary market.

Money

More colleges are replacing student loans with grants and scholarships

Carleton College and other schools are moving away from student loans in financial aid packages, betting that grant money can lower debt and widen access. The shift is being funded by donations and could change how much students owe after graduation.

Money

Anthropic says AI safety can’t be left to an 'honor code'

Sarah Heck said AI companies need government help on oversight and safety, as Anthropic steps up its talks with the White House and Congress. The debate is widening fast, with new bills, industry pressure, and a push to slow model development.

Money

House moves to force Leon Black’s Epstein NDAs into the open

The House voted to hold Leon Black in contempt after he refused subpoenas tied to its Epstein probe. The fight now shifts to the Justice Department, while a new bill would void NDAs that block abuse survivors from speaking.

Money

US life expectancy ranks 47th, with 78.9 years, as wealthier countries lead the world

The World Bank Group's 2024 data show the biggest gains in life expectancy are concentrated in richer countries with stronger healthcare systems. The US lands 47th, while the lowest life expectancy is concentrated in Africa.

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Apple's iOS 27 gives parents more control over kids' iPhones

Apple's latest iPhone software adds new parental controls and a simpler Screen Time setup. The change may make it easier for parents, but it does not eliminate workarounds or content filters that can still miss material.

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OpenAI says AI can cut finance work from $200 checks to 17 cents

Sarah Friar said AI is reducing the need for some repetitive jobs, including credit checks, and can move rote work to models at lower cost and higher scale. The savings she described were stark: one check reportedly fell from $200 to about 17 cents.

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Zuckerberg says AI labs can slow down without a pact, and safety may now be a competitive edge

The Meta CEO says market pressure can push AI labs to move at the pace required for safe training, with trust and alignment becoming a business advantage. He pointed to Meta's own delay of the Muse model as an example.

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Montana Senate candidate makes surveillance limits a privacy fight with Big Tech

Seth Bodnar used a campaign ad to target Flock cameras and call for federal rules on surveillance tech, data retention, audits, and misuse. He says the issue is about individual freedom and private property rights, not party labels.

Money

Ed Sheeran tour loses four acts after Macklemore’s removal raises venue risk

After Macklemore was dropped from the line-up over pro-Palestinian remarks, four support acts quit Ed Sheeran’s tour, turning a promotion dispute into an operational mess. The fallout now affects the schedule, the venues, and the money tied to every stop.

Money

Trump says AI needs less regulation, not more, as Anthropic pushes for guardrails

The president says existing criminal and regulatory powers are enough to police AI, while Anthropic CEO Dario Amodei is urging companies to slow development. The fight is now about whether Washington lets the market move fast or piles on more rules.

Money

Amazon cuts ties with 21 Air after fatal Miami crash as investigators probe landing speed

The cargo plane was carrying Amazon Prime Air branding when it overran the runway in Miami, killing five people on the ground. The NTSB has started releasing black-box details, and a final report is typically expected within one to two years.

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More meetings can signal faster wage growth, not just more calendar pain

A new working paper found that meeting hours were the strongest predictor of wage growth among workplace activities. The catch: more meetings appear to reflect more complex, more valuable work, not a guaranteed raise.

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Oracle starts another layoff round as AI spending keeps climbing

Oracle has begun a new round of layoffs while it keeps pouring billions into AI infrastructure and data centers. The move underscores the pressure on margins when payroll cuts are used to fund a very expensive growth bet.

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AI founders are splitting over safety, and the market is still racing ahead

Lovable CEO Anton Osika urged calm and said the strongest AI builders should prove they can keep powerful systems under control. The debate is sharpening just as the Trump administration shows little appetite for regulation and keeps the focus on beating China.