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What does a Nobel Prize on innovation-driven economic growth' actually reward?


Sree VijaykumarIsraeli-American economic historian Joel Mokyr received half of the prize, while French Philippe Aghion and Canadian Peter Howitt shared the other half. As has become common in the past decades, the prize is framed as a award for methods - not for results, not for policy recommendations, but primarily for methods.



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Kanchha Sherpa, last surviving member of history-making Mount Everest trek, dies at 92
Kanchha Sherpa, last surviving member of history-making Mount Everest trek, dies at 92
Kanchha Sherpa was among the 35 members of the team that put New Zealander Edmund Hillary and his Sherpa guide Tenzing Norgay atop the 29,032-foot peak on May 29, 1953. A mountain guide for most of his life, he was one of three Sherpas to reach the final camp before the summit with Hillary and Tenzing.


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Google DeepMind is bringing AI to the next generation of fusion energy
Google DeepMind is bringing AI to the next generation of fusion energy
We're announcing our research partnership with Commonwealth Fusion Systems (CFS) to bring clean, safe, limitless fusion energy closer to reality with our advanced AI systems. This partnership...


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Pick-up trucks and public executions: Hamas emerges from Gaza's ruins - FT
Pick-up trucks and public executions: Hamas emerges from Gaza's ruins - FT
Show of strength attempts to send message to both Palestinians and truce mediators that group remains in control


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Allies united against China on rare earths - WSJ
Allies united against China on rare earths - WSJ
Bessent has the right idea, but then why hit friends with tariffs?


 
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Trump plans to leave his mark on Washington by building a Paris-like arch near the Lincoln Memorial
Trump plans to leave his mark on Washington by building a Paris-like arch near the Lincoln Memorial
President Donald Trump plans to leave his mark on the nation's capital by building a Paris-like arch at one of the entrances to the District of Columbia.


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Desperate SF residents want to block autonomous cars from their street
Desperate SF residents want to block autonomous cars from their street
Residents of San Francisco's Inner Richmond are blocking Waymo cars with cones and a bold "NO WAYMO" sign, saying they are "screaming" while reversing at night.


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The rich world faces a painful bout of inflation - The Economist
The rich world faces a painful bout of inflation - The Economist
Governments are living far beyond their means. Sadly, inflation is the most likely escape


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Donald Trump promises to lower costs of IVF treatment - FT
Donald Trump promises to lower costs of IVF treatment - FT
Deal with Merck-owned company would exempt it from tariffs and list fertility drugs on president's future online marketplace


 
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Trump's former national security adviser John Bolton indicted by DoJ - FT
Trump's former national security adviser John Bolton indicted by DoJ - FT
Move is latest by justice department against US president's critics


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It's never too late to quit drinking alcohol. I should know. - WSJ
It's never too late to quit drinking alcohol. I should know. - WSJ
When I finally stopped drinking after half a century, I discovered that abstinence has physical and mental rewards, even when you're in your 70s.


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First injection to stop HIV approved
First injection to stop HIV approved
The shot, given six times a year or every other month, is an alternative to taking daily pills to protect against ever catching the virus.


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'Death fold' proteins can make cells self-destruct. Scientists want to control them
Scientists are hoping to treat diseases including cancer and Alzheimer's by influencing how cells make life-or-death decisions.


 
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Why is Switzerland so rich?
Why is Switzerland so rich?
Thoughts on a prosperous and well-run nation


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Chinese cyberspies compromised Russian tech provider
Chinese cyberspies compromised Russian tech provider
: Who needs enemies when you have friends like Xi?


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The quest to make babies with lab-grown eggs and sperm
The quest to make babies with lab-grown eggs and sperm
Nature - Sex cells made from scratch could revolutionize human reproduction. But researchers are struggling to translate promising results in mice into benefits for humans.


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Two-pronged approach cuts sleep apnea events by 68%
Two-pronged approach cuts sleep apnea events by 68%
For the first time, researchers have shown that tackling obstructive sleep apnea's two root causes at once, using both oxygen and a jaw-forwarding device, can dramatically cut breathing interruptions during sleep.


 
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Harvard endowment swells to nearly $57 billion, donations reach a record
The value of Harvard University's endowment, the world's largest among universities, grew by nearly $4 billion to $56.9 billion in fiscal 2025 on the back of strong investment returns even as the Trump administration cut the school's research funding.


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History's shaming fascination for the so-called 'idiot savant' | Aeon Essays
History's shaming fascination for the so-called 'idiot savant' | Aeon Essays
The convergence of singular talent and profound disability confounded scientists eager to place humans into neat categories


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H-1B visa holders disappear from US housing market
H-1B visa holders disappear from US housing market
The share of FHA loans going to non-permanent residents dropped to near-zero after the Trump administration's ban came into force.


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Salesforce Tries to Help ICE Boost Its Immigration Force
Salesforce Tries to Help ICE Boost Its Immigration Force
The San Francisco-based firm has told ICE that it could use A.I. to help the agency nearly triple its staff. The company's C.E.O., once a progressive tech titan, has embraced President Trump.


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Alex Spiro's Hourly Rate Has Nearly Doubled to $3,000 in 4 Years - BI
Alex Spiro's Hourly Rate Has Nearly Doubled to $3,000 in 4 Years - BI
Representation by Alex Spiro, a lawyer whose clients have included Elon Musk and Kim Kardashian, isn't cheap.


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Zohran Mamdani on Being Mayor of Wall Street and Democratic Socialists - BI
Zohran Mamdani on Being Mayor of Wall Street and Democratic Socialists - BI
Mamdani was asked during a debate how he'd be the mayor to both democratic socialists and Wall Street.


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Big 4 Firm EY Is All in on AI, and It's Paying Off - Business Insider
Big 4 Firm EY Is All in on AI, and It's Paying Off - Business Insider
EY said that consulting services like "delivering enterprise-wide transformations" and "AI governance frameworks that help drive the responsible implementation of AI" helped drive the surge in demand.


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Trump says he will meet Putin in Budapest - FT
Trump says he will meet Putin in Budapest - FT
US president plans further meeting with Russian leader on ending war in Ukraine


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Cai Qi: Xi Jinping's right-hand man drawn into UK's China spy drama - FT
Cai Qi: Xi Jinping's right-hand man drawn into UK's China spy drama - FT
Political veteran mentioned in collapsed prosecution of two British men over espionage allegations


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EU proposes arms-procurement overhaul to become combat-ready by 2030 - WSJ
EU proposes arms-procurement overhaul to become combat-ready by 2030 - WSJ
The European Commission proposed a reform of the EU's military planning and procurement as part of a five-year strategy to rearm and deter Russia.


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Microsoft adds always-listening, always-watching Copilot
Microsoft adds always-listening, always-watching Copilot
: We've seen this before and it was called Cortana or Clippy


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FTX Was Never Insolvent: A Prison Interview with Sam Bankman-Fried
FTX Was Never Insolvent: A Prison Interview with Sam Bankman-Fried
Sam Bankman-Fried's story did not end in the courtroom where he was sentenced to prison; it continues in the spreadsheets, balance sheets, and forgotten ledgers that tell a radically different tale from the one the public was sold.


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California to begin selling affordable state-branded insulin beginning next year
California to begin selling affordable state-branded insulin beginning next year
Gov. Gavin Newsom says California will begin selling affordable insulin under its own label on Jan. 1, nearly three years after he first announced a partnership to sell state-branded generic drugs at lower prices.


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Texas oil fields become hot spot for datacenter builders
Texas oil fields become hot spot for datacenter builders
: Datacenter hopefuls looking to cash in on AI craze are setting up shop in Lone Star State in search of cheap power


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Infographic: Pesticides Banned in the EU Are Still Being Sent Abroad
Infographic: Pesticides Banned in the EU Are Still Being Sent Abroad
This chart shows the total weight of EU-banned pesticides notified for export to and from selected countries in 2024 (in kg/l).


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Uber is turning its app into an AI training ground
Uber is turning its app into an AI training ground
Uber is rolling out major changes to its driver app, including a new way to earn cash by training AI models.


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China sanctions on Hanwha threaten South Korea-US shipbuilding ties, officials say
China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington by disrupting supplies of Chinese equipment and materials, officials in Seoul said on Friday.


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Credit concerns reach European markets as bank stocks slide 2.8%
European markets traded firmly in the red on Friday morning as concerns over the banking sector reached the region.


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Sony tells SCOTUS that people accused of piracy aren't "innocent grandmothers"
Sony tells SCOTUS that people accused of piracy aren't
Music companies want ISPs to terminate repeat infringers or pay big damages.


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Our team of physicists inadvertently generated the shortest X-ray pulses ever observed
Our team of physicists inadvertently generated the shortest X-ray pulses ever observed
Super short X-ray pulses help scientists study materials at the atomic level. Researchers found that certain lasing effects can make these pulses even shorter.


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Is creative destruction on the decline? - FT
Is creative destruction on the decline? - FT
Policymakers can raise growth by targeting economic agility


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How Hobbit-inspired startup plans to replace Silicon Valley Bank - WSJ
How Hobbit-inspired startup plans to replace Silicon Valley Bank - WSJ
Backed by Palmer Luckey and other founders, a new bank named Erebor has earned a preliminary government approval.


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Internal Amazon Documents Warned AI Startups Are Delaying AWS Spending - BI
Internal Amazon Documents Warned AI Startups Are Delaying AWS Spending - BI
For years, Amazon Web Services was among the first, and often the largest, line item on a startup's budget. The AI boom is upending that spending pattern.


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Big banks cash in on well-heeled borrowers - WSJ
Big banks cash in on well-heeled borrowers - WSJ
JPMorgan, Bank of America and Wells Fargo see few signs of trouble among their consumer clients.


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'You Could Treat a Child for a Few Dollars.' Now Those Clinics Are Gone.
'You Could Treat a Child for a Few Dollars.' Now Those Clinics Are Gone.
Hunger and the diseases that stalk small children have surged in Somalia after the U.S. slashed its aid to the country.


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Opinion | How Baby Boomers Blew Up the American Dream
Opinion | How Baby Boomers Blew Up the American Dream
The postwar generation had a good run. Now we’re all paying for it.


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No Kings: what to know about the anti-Trump protests attracting millions
No Kings: what to know about the anti-Trump protests attracting millions
The group has seen tens of thousands of participants on safety planning calls. Events will have designated people in charge of safety and marshals who will make sure people are able to safely exercise their rights.


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John Bolton says he hopes to expose Trump’s ‘abuse of power’ after being indicted – US politics live
John Bolton says he hopes to expose Trump’s ‘abuse of power’ after being indicted – US politics live
More than two centuries have passed since France celebrated the emperor Napoleon's birthday by laying the foundation stone of the Arc de Triomphe. Now Donald Trump has imperial ambitions of his own. On Wednesday, the US president unveiled plans for a grand arch in Washington that has already been dubbed the "Arc de Trump".


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Death by a Thousand Reports
Death by a Thousand Reports
In large companies, it's common for analytics teams to be swamped with hundreds of requests every year to generate dashboards or reports for specific slices of data.


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The great butterfly heist: how a gentleman collector stole thousands of butterflies from Australian museums
The great butterfly heist: how a gentleman collector stole thousands of butterflies from Australian museums
Scientists are still unravelling the thefts of Colin Wyatt, an English adventurer, artist and naturalist who charmed the entomological community


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U.S. Says Louisiana Man Joined Hamas-Led Oct. 7 Attack
U.S. Says Louisiana Man Joined Hamas-Led Oct. 7 Attack
A man was in custody in Louisiana after federal prosecutors accused him of joining Hamas militants in attacking Israel in 2023. He was also accused of lying to obtain a U.S. visa.


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What We Know About the Latest 'No Kings' Protests Amid Government Shutdown
What We Know About the Latest 'No Kings' Protests Amid Government Shutdown
The nationwide protests are playing out as a federal government shutdown lingers and troops are being deployed in cities.



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