Powerful AI tools are burning through budgets, prompting a rethink of how the technology is priced ahead of frontier lab IPOs

As experts fear for future of UK capital’s bus network, some commuters are giving up entirely. London is not alone – with worrying implications for poorest in society

Share of US adults who drink falls to 54%, the lowest level since 1939

More companies are linking lay-offs to workplace efficiencies but evidence is patchy

New UK government must rely on sector in turmoil to deliver record amount of council homes

As calls increase globally for a wealth tax, how reliable are these compilations — and why have they become load-bearing?

Most of the groups that pivoted have not sustained their valuation gains, an FT analysis has found

London

FT analysis shows company warned about dangers of advanced AI far more than rival OpenAI this year

Caterpillar and Hochtief among the once-staid industrial stocks lifted by the AI boom

in the grim darkness of the near future, small caged mammal

The guests behind the bookings have received negative reviews from a number of Bay Area hosts, alleging they damaged the property and personal belongings.

Famous for its upbeat rhythms, flamboyant performances, and political voting patterns, Eurovision has another dimension that moves with the zeitgeist: its song lyrics.

Biggest groups have gained $5.4tn in value since conflict began — but semiconductor sector accounts for most of the gains