Investors are betting on AI chaos. History suggests otherwise
The experience of past tech revolutions suggests savvy incumbents might muddle through and even thrive
Economic news
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French-owned container ship exits Strait of Hormuz
Donald Trump renews threat to attack Iranian infrastructure
UK motorists face £2 a litre diesel as Iran war drives wholesale prices to 4-year high
Scarce cargoes have boosted European diesel futures to equivalent of $211 a barrel, almost double the price of crude oil
The hedge fund billionaire battle royale
The Two Sigma co-chief executive appointed to quell the feud between its founders quietly quit last month
Trust fund battle shows the limits of the UK’s retail investing culture
If policymakers really want an active retail investing culture, they should remove the frictions