Suddenly, what’s old is new again. There’s a popular trade sweeping Wall Street that’s offering an old world solution to the threat of AI disruption: “HALO,” or “Heavy Assets, Low Obsolescence.” What that means is that more investors are betting that companies with hefty real assets such as grids, pipelines and heavy machinery are the…
The smiles and sheepish grins began spreading wider and wider around the 9:13 mark of the second half, following back-to-back eye-popping buckets from Michigan center Aday Mara, the second of which extended the Wolverines’ lead to 13 points. He followed his skyscraping alley-oop dunk with a remarkable offensive rebound-turned-twisting-reverse layup that drew a foul and…
Block CEO Jack Dorsey’s move to cut nearly half the company’s workforce is shining a spotlight on a growing question for corporate America: whether advances in artificial intelligence will ultimately mean fewer workers. In an earnings call Thursday, Dorsey said Block will cut about 4,000 jobs. Dorsey framed the move as more than a cost-cutting…
Josh Sargent joined Toronto from Norwich City in England’s second-tier League Championship on Friday, ending a difficult situation in which the striker was exiled to the under-21 squad after he refused to play in an FA Cup match last month. Sargent, 26, was signed as a designated player through the 2030-31 Major League Soccer season….
Sam Altman, chief executive officer of OpenAI Inc., at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images OpenAI CEO Sam Altman said late Friday that his company has agreed to terms with the Department of Defense on use of its artificial intelligence models…
Hailed as the MLS’ teen soccer sensation, 16-year-old Cavan Sullivan delivered an American scoring record with his first professional goals for the Philadelphia Union. Sullivan broke through with the game of his young — very, very young — career when he scored twice and had two assists to lead the Union to a 7-0 win…
For nearly two decades, Morgan Stanley portfolio manager Andrew Szczurowski has been honing his fixed-income investing strategy. These days, he’s still finding attractive investments in the market, but admits some digging needs to be done to separate the winners from the losers. As a portfolio manager on the Eaton Vance Strategic Income Fund , he…
Meet the most effective finisher in the Big Ten: Morez Johnson Jr. The men’s college basketball season is ramping up with high-stakes games every night and the NCAA Tournament just around the corner. In those key regular-season games, March Madness stars introduce themselves to the nation with magical moments and Cinderella runs. We’re teaching you…
Andreypopov | Istock | Getty Images The average tax refund is 10.2% higher so far this season, compared to about the same period in 2025, according to the latest IRS filing data. The year-over-year percentage change is down from the 14.2% increase reported last week. As of Feb. 20, the average refund amount for individual filers was…
Neymar broke into the top 10 of Santos club’s all-time leading goalscorers this week after scoring twice in a 2-1 win against Vasco da Gama in the Brazilian league. He also gathered more fans on his side in a bid to make Brazil’s squad for the World Cup. The match on Thursday was only the…
