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Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Key Takeaways China’s Q2 GDP growth of 4.3% signals a significant deceleration, undershooting market expectations and underscoring deep-seated challenges in consumer demand and investment. Weak domestic indicators, including sluggish retail sales and declining fixed-asset investment, point to eroding consumer confidence and the lingering drag from the property sector, intensifying pressure on Beijing for substantial stimulus. The data highlights China’s increasing reliance on exports amidst domestic weakness, raising concerns about global trade imbalances and potential ripple effects across international markets and…

While Kylie Jenner serves as a human billboard for Meta’s AI glasses, pop star Lorde isn’t buying it. During a set at the Mad Cool Festival in Madrid last week, Lorde had some choice words about the new technology, which many security experts have deemed a privacy nightmare. Key Takeaways: Celebrity Dissent vs. Endorsement: Pop star Lorde publicly condemned Meta AI glasses as “not sexy” and a privacy threat, directly contrasting the high-profile endorsements from figures like Kylie Jenner and Jennie, highlighting a growing cultural divide. Privacy Under Scrutiny: Despite Meta’s implementation of safeguards like a visible recording light and…

UK Think Tank Advocates for “Orbital Warfare” in Military Doctrine, Urging Shift to Offensive Space Capabilities A new paper from the Council on Geostrategy, a London-based think tank, asserts that the United Kingdom and its allies must integrate “orbital warfare” into their military lexicon and transition from predominantly ground-based defenses to offensive combat capabilities within Earth’s orbit. The report, titled ‘Embracing orbital warfare’ and authored by Gabriel Elefteriu, Senior Research Fellow in Space Power at the Council, was seen by the UK Defence Journal ahead of its official publication. The paper fundamentally argues that space has evolved into a practical…

The air crackles with anticipation. A seismic clash looms on the horizon, a World Cup 2026 semi-final showdown that will etch itself into footballing lore: England vs. Argentina. And at its heart, the singular, undeniable force of Lionel Messi. For five key figures in Gareth Southgate’s Three Lions squad, this isn’t just another game; it’s a re-engagement with a familiar, formidable foe, a chance to rewrite personal histories and propel their nation to football’s grandest stage. Wednesday’s encounter isn’t merely a test of tactical prowess or raw talent; it’s a psychological battle, a collision of past narratives. Only one of…

Founder of Constellation Research Inc. Ray Wang discusses the volatile A.I. tech rally and Meta’s shifting compute strategy on ‘Making Money.’ **Key Takeaways** 1. **Escalating Regulatory & Reputational Risk:** A lawsuit alleging Meta used AI to disproportionately target protected employee groups for layoffs introduces significant legal and ethical challenges, potentially increasing regulatory scrutiny on AI deployment in HR and damaging Meta’s brand amidst its “Year of Efficiency” narrative. 2. **Impact on AI Strategy & Investor Sentiment:** While Meta denies the claims, the case highlights the inherent risks of unchecked AI integration, potentially forcing a re-evaluation of its internal AI governance…

**Dallas, Texas –** The roar of the crowd, the weight of expectation, and the tantalizing scent of a World Cup final hung heavy in the Dallas air. But when the dust settled on a pulsating semi-final clash, it was Spain, not the star-studded French juggernaut, who emerged victorious, carving their name into the final with a masterclass 2-0 dismantling of Didier Deschamps’ Les Bleus. This wasn’t just a win; it was a statement – a tactical triumph that not only ended Deschamps’ hopes of a storybook farewell but solidified La Roja’s claim as genuine contenders for global glory. Spain will…

Miles Wang, an OpenAI researcher whose work includes using AI to accelerate scientific and biological discovery, is leaving the ChatGPT maker to launch a new startup focused on developing AI models for drug discovery, according to four people with knowledge of his plans. Several other OpenAI researchers are expected to join the new company.   Key Takeaways OpenAI Talent Exodus Accelerates: Miles Wang, a prominent OpenAI researcher specializing in AI for scientific and biological discovery, is departing the generative AI giant to establish his own startup focused on AI models for drug discovery, potentially drawing other OpenAI talents with him.…

The United States House of Representatives recently cast a significant vote to establish Daylight Saving Time (DST) as the permanent national standard, aiming to eliminate the biannual clock changes. Despite an overwhelming majority in the House, the proposed legislation, aptly titled the “Sunshine Protection Act,” faces a challenging and uncertain path to becoming law in the Senate. The measure garnered substantial support in the House, passing with a vote of 308 to 117 on Tuesday. This decisive margin underscores a broad desire among representatives to end the practice of adjusting clocks forward in spring and backward in fall. However, its…

The roar echoes through Arlington, a symphony of Spanish jubilation proclaiming a new era of dominance! Luis de la Fuente, a man whose quiet resolve has blossomed into an incandescent pride, declared his Spain squad the “best team in the world” after a breathtaking, tactical masterclass saw La Roja dismantle reigning champions France with a clinical 2-0 victory. This monumental triumph sends Spain into the World Cup final for the first time since their legendary 2010 conquest, a testament to a philosophy meticulously built over four demanding years. From the first whistle, Spain played with the swagger of true contenders,…

Audio of this article is brought to you by the Air & Space Forces Association, honoring and supporting our Airmen, Guardians, and their families. Find out more at afa.org The United States Space Force is steadily increasing its ownership of critical intelligence, surveillance, and reconnaissance (ISR) programs, a shift from initial partnerships where the National Reconnaissance Office (NRO) played a leading role. This evolving relationship, described as a “lesson in good government” by L. Roger Mason Jr., the nominee to lead the NRO, underscores the distinct yet collaborative roles of the two organizations in securing U.S. space dominance and providing…