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Why Are Ivy League Schools Revamping Their Investment Strategies?

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Why Are Ivy League Schools Revamping Their Investment Strategies?

Wealthy universities have been grappling with subpar returns on their private-capital investments, leading to second thoughts about where they put their money, says reporter Heather Gillers.

A: Private equity is on academic probation. Princeton University is lowering expectations for its endowment’s returns because its private-capital investments have disappointed. Yale trimmed its portfolio of leveraged buyouts for the first time in a decade. Harvard says cashing out of some private-market investments early is now part of a long-term strategy.

Private equity has long counted America’s wealthiest universities among its largest and most loyal clients. But the market for private-company investments has gotten crowded, and returns now struggle to match broader stock-market benchmarks.

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Bipartisan lawmakers introduce AI workforce training tax credit bill

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Bipartisan lawmakers introduce AI workforce training tax credit bill

House members from both parties joined to introduce legislation Wednesday aimed at incentivizing companies to train their employees to utilize artificial intelligence.

Rep. Josh Gottheimer, D-N.J., introduced the AI Workforce Training Act along with Rep. Mike Lawler, R-N.Y. If passed, the legislation would create a tax credit for companies who invest in AI trainings for their employees.

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“If quantum computing and AI are the future, our workforce can’t be left behind. This workforce tax credit gives them the training they need to compete for the high-paying tech jobs of tomorrow, right here at home,” Lawler said in a statement.

According to the text of the bill, companies would be allowed to claim a tax credit equal to 30% of qualified expenses, up to $2,500 per employee per year, for costs related to teaching workers how to use, manage and build AI systems.

AI OUT OF CONTROL? HOW A SINGLE ARTICLE IS SENDING SHOCK WAVES WITH AN APOCALYPTIC WARNING

Mike Lawler

Rep. Mike Lawler leaves a meeting of the House Republican Conference in the U.S. Capitol on Wednesday. (Tom Williams/CQ-Roll Call, Inc via Getty Images)

The legislation also directs the Departments of Treasury, Labor and Commerce to launch a public outreach campaign to make businesses aware of the tax credit.

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“AI is already changing how we work and that transformation will keep getting faster, and we can’t let the American worker get left behind,” Gottheimer said in a statement. “Change is coming, and if we want America to continue to lead the world in AI innovation, we need to make sure American workers are ready for the jobs of the future.”

The legislation comes as members of Congress continue to debate how the country should address AI innovations.

SANDERS SAYS ‘SCIENCE-FICTION FEAR’ OF AI RUNNING THE WORLD ‘NOT QUITE SO OUTRAGEOUS’

Josh Gottheimer

Rep. Josh Gottheimer is pushing for Congress to address AI. (Tom Williams/CQ-Roll Call, Inc via Getty Images)

Sen. Elizabeth Warren, D-Mass., told FOX Business last week that she is concerned about potential job losses.

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“I am deeply concerned about AI and what it’s going to mean when people go out one day for lunch and come back and their jobs aren’t there anymore, and that happens to millions and millions of people. Now is the moment when we need to be preparing,” Warren told FOX Business.

Senator Elizabeth Warren

Sen. Elizabeth Warren, D-Mass., says she is worried about AI costing jobs. (Michael A. McCoy/Getty Images)

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Pressed on what large-scale displacement could mean for the middle class, Warren – the ranking member of the Senate Banking Committee – issued a stark warning.

“We lost more than 100,000 manufacturing jobs last year,” she said. “If AI comes in on top of that and literally wipes out the income for millions of families we’re going to see a full-blown crisis right here in this country. If you know the bad weather is threatening out there, now’s the time to prepare for it.”

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Read the full legislation below (App users click here)

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(VIDEO) China’s Humanoid Robots Steal Spotlight with Dazzling Kung Fu Performance at 2026 Spring Festival Gala

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China's Humanoid Robots Steal Spotlight with Dazzling Kung Fu Performance

Humanoid robots from leading Chinese firms delivered a jaw-dropping martial arts spectacle during the annual Spring Festival Gala on Feb. 16, 2026, blending traditional kung fu with cutting-edge robotics in a high-energy routine that captivated hundreds of millions of viewers and underscored China’s rapid advances in embodied AI.

China's Humanoid Robots Steal Spotlight with Dazzling Kung Fu Performance
China’s Humanoid Robots Steal Spotlight with Dazzling Kung Fu Performance

The performance, part of the China Media Group’s (CMG) four-hour broadcast marking the start of the Lunar New Year — the Year of the Fire Horse — featured dozens of robots executing synchronized stunts, backflips, weapon handling and sparring alongside young human martial artists from Henan’s Tagou Martial Arts School. Not a single robot faltered, even during complex sequences involving nunchucks, staffs, swordplay, Drunken Fist and rapid formation changes at speeds up to 3 meters per second.

Unitree Robotics stole much of the show with its G1 and H2 models, achieving what the company called the world’s first fully autonomous humanoid robot swarm martial arts performance. Upgrades including triangular LiDAR sensors, dexterous hands and over 90% motion-learning accuracy enabled precise, expressive moves and seamless recovery from perturbations. The robots performed Liuhe Fist, staff sparring, nunchaku routines and even wall-assisted flips and aerial acrobatics in real time, far surpassing the simpler handkerchief-twirling displays of Unitree bots at the 2025 gala.

Other firms contributed: Noetix Robotics’ Bumi models joined a comedy sketch, MagicLab humanoids danced in a musical segment with panda-suited robotic dogs, and additional companies showcased synchronized choreography. The collaboration highlighted Beijing’s push to integrate robotics into manufacturing, services and entertainment amid rising labor costs and a shrinking workforce.

Experts noted the leap in capabilities. Fluid joint movements, real-time coordination and fault-tolerant balance marked significant progress over 2025’s more scripted routines. Analysts see it as a showcase of China’s industrial ambition, with Morgan Stanley projecting humanoid robot sales in China to more than double to 28,000 units in 2026. Elon Musk has repeatedly cited Chinese firms as Tesla’s biggest rival in embodied AI as it develops Optimus.

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The gala, watched by an estimated billion-plus audience domestically and millions globally via clips on YouTube, Instagram and X, sparked viral reactions. Viewers praised the “creepily impressive” agility, with comments like “fascinating to see robots learn Chinese traditional martial arts” and comparisons to sci-fi films. Some expressed awe at the fusion of heritage and technology, while others pondered future implications for labor and society.

The event aligns with China’s broader robotics strategy, emphasizing high-coordination swarm control for real-world applications like multi-robot dispatching in factories or disaster response. Unitree described the show as a “future martial arts academy” concept, laying groundwork for dynamic, expressive humanoid interactions.

As clips circulated widely — one YouTube video garnering over 820,000 views in days — the performance reinforced China’s lead in humanoid robotics hardware and AI-driven motion. With the Lunar New Year festivities continuing through the week, the robots’ kung fu display remains a defining image of 2026’s technological celebration.

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How will Charities Continue to Raise Money?

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How will Charities Continue to Raise Money?

The way charities fundraise is evolving faster than ever. Shifts in technology, donor expectations, and global challenges are reshaping how people give and why.

Traditional methods like street collections and gala dinners still have a place, but the future of fundraising will be more digital, more personalised, and more participatory than anything that came before it.

To stay relevant and resilient, charities must embrace new models that build deeper relationships, leverage innovation, and meet supporters where they already are.

Community Powered Digital Fundraising

Peer to peer fundraising will continue to grow, but with a sharper focus on community rather than one off campaigns. Supporters increasingly want to fundraise with friends, not just for causes.

Future platforms will make it easier for donors to:

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  • Launch micro-campaigns in seconds
  • Set up recurring group challenges
  • Share progress transparently across social and messaging apps

Instead of relying on a few major events each year, charities can empower thousands of supporters to run small, continuous fundraising efforts that collectively make a big impact.

Subscription Giving and Membership Models

The “Netflix effect” is influencing charitable giving. More donors prefer predictable, low-effort monthly contributions rather than large, sporadic donations.

Forward thinking charities are reframing regular giving as membership:

  • Exclusive updates and behind the scenes access
  • Opportunities to vote on funding priorities
  • Digital badges, recognition, or impact reports

This model creates financial stability for charities while strengthening donor loyalty and emotional investment.

Data Driven Personalisation

As donors become more selective, generic fundraising appeals will lose effectiveness. The future lies in personalisation powered by ethical data use.

Charities will increasingly tailor:

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  • Messaging based on donor interests and history
  • Donation amounts suggested by giving patterns
  • Impact stories aligned with individual motivations

When supporters feel understood and valued as individuals not just wallets they are far more likely to give again.

Fundraising Platforms as Ecosystems, Not Just Tools

Future fundraising platforms will move beyond being simple donation pages and become full ecosystems that support long term engagement. Rather than one size fits all solutions, platforms will increasingly cater to specific causes, regions, and donor behaviours.

Key shifts we’re likely to see include:

  • All in one donation platforms combining events, peer to peer campaigns, volunteering, and impact reporting in one place
  • Platform native communities, where supporters can interact, collaborate, and fundraise together year round
  • AI assisted optimisation, helping charities test messaging, timing, and suggested donation amounts in real time
  • Greater accessibility, with multilingual support, mobile first design, and local payment options to reach global audiences

We’ll also see more ethical competition among platforms, with transparency around fees, data use, and carbon impact becoming differentiators. For smaller charities in particular, the right platform will act less like a vendor and more like a strategic partner lowering technical barriers and allowing teams to focus on mission rather than infrastructure.

As donor expectations rise, fundraising platforms that prioritise trust, usability, and community building will play a central role in shaping how charities raise money in the future.

 

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Corporate Partnerships with Shared Value

Corporate fundraising

is shifting from simple sponsorships to long term, mission aligned partnerships. Companies are under growing pressure to demonstrate social responsibility, and charities can play a central role in that story.

Future collaborations may include:

  • Employee led fundraising and volunteering programs
  • Cause linked products where a percentage of sales is donated
  • Joint impact reporting that benefits both brand trust and transparency

The most successful partnerships will feel authentic, not transactional.

Immersive Storytelling Through Technology

Virtual and augmented reality will transform how charities tell their stories. Instead of reading about impact, donors will be able to experience it.

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Imagine:

  • Virtual tours of project sites
  • Interactive simulations showing how donations create change
  • Live streamed field updates with real time Q&A

These immersive experiences create empathy, urgency, and trust key drivers of future fundraising success.

Fundraising Through Everyday Actions

In the future, donating won’t always feel like donating. Charities are exploring ways to embed giving into daily life.

Examples include:

  • Rounding up purchases for charity
  • Donating data, skills, or computing power instead of money
  • Passive fundraising through apps, browsers, or loyalty programs

This approach lowers the barrier to entry and brings in supporters who might never respond to a traditional appeal.

Co Creation With Beneficiaries

One of the most powerful future shifts is who gets to shape fundraising narratives. Increasingly, charities are involving beneficiaries directly in campaigns.

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This can mean:

  • First person storytelling
  • Beneficiaries helping design projects and goals
  • Shared decision making on how funds are allocated

This model not only improves authenticity but also challenges outdated power dynamics in the sector.

Looking Ahead

The future of charitable fundraising is not about chasing every new trend it’s about building trust, relevance, and community in a fast changing world. Charities that listen closely to supporters, experiment thoughtfully with technology, and stay rooted in their mission will be best positioned to thrive.

Fundraising is no longer just about asking for money. It’s about inviting people to belong, participate, and help shape a better future together.

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Rent prices see relief as growth hits slowest pace since 2020 nationwide

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Rent prices see relief as growth hits slowest pace since 2020 nationwide

Renters are expected to see some relief from rising prices this year, with the pace of rent growth expected to slow as the market stabilizes and a measure of affordability hits a four-year-high.

An analysis by Zillow projects that multifamily rental prices are expected to remain relatively flat through the end of 2026, declining slightly by 0.2%. 

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Single-family rents are expected to rise at an annual rate of 1.1% in December 2026, which the report says would represent a “sharp slowdown from the rapid increases of recent years” as higher vacancy rates and more newly-built apartments help keep rent growth subdued as renters’ bargaining positions improve. Single family rents were up 2.7% last month from a year ago.

Zillow found that the typical asking rent in January was $1,895, up just 0.1% from December and 2% year over year. That represents the slowest annual rent growth since December 2020, as the market has steadied after prices saw rapid increases during the pandemic.

TEXAS CAPITAL’S HOUSEHOLD GROWTH SURGES, FAR OUTPACING NATIONAL RATE

Residential apartment buildings in Brooklyn.

Rent growth has eased over the last year and the trend is expected to continue in 2026, according to an analysis by Zillow. (Michael Nagle/Bloomberg via Getty Images)

Rents for multifamily homes have grown at an even slower pace, rising just 1.4% from a year ago. Zillow’s projection that multifamily rents will decline slightly and remain essentially flat this year, indicates that further relief could be on the way.

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Slowing rent growth has boosted an affordability measure that takes into account renters’ income levels. A median income household would now spend 24.3% of its income on typical apartment rent, which is down slightly from 25% in February 2020.

By another measure, the typical household is spending 26.4% of its income on rent, which is the lowest share since August 2021. 

US HOME PRICES ARE RISING – BUT THESE FAST-GROWING MARKETS REMAIN AFFORDABLE

Aerial view of Austin, Texas.

Austin, Texas, was one of the most affordable metro areas for renters in Zillow’s analysis. (iStock)

Metro areas where that figure is significantly higher than the national average include Miami (37.2%), New York City (36.9%) and Los Angeles (34%). 

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Notable metros with better affordability include St. Louis (19.7%), Minneapolis (19.4%), Denver (19.4%), Austin (17.9%) and Salt Lake City (17.9%).

“Renters are operating in a very different environment than they were just a few years ago,” said Orphe Dviounguy, senior economist at Zillow. “When supply expands and vacancies rise, property managers have to adjust on both price and terms. Concessions are near record highs, keeping rent growth modest and creating meaningful opportunities for renters.”

HOUSING MARKET COOLS AS PRICE GROWTH HITS SLOWEST PACE SINCE GREAT RECESSION RECOVERY

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Los Angeles is among the metro areas facing affordability challenges for renters. (Patrick T. Fallon/AFP via Getty Images)

Zillow also noted that renters are getting more concessions in lease terms as they utilize their negotiating leverage in renewals and new leases.

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It found that nearly 40% of rental listings on the Zillow platform in January had at least one concession, like a free month of rent or a reduced deposit. 

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That’s slightly below the record high set last January, when 41.1% of listings had a concession, and the figure remains elevated compared to historical norms.

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Taco Cabana, PepsiCo, Inc. debut limited-time menu items

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Taco Cabana, PepsiCo, Inc. debut limited-time menu items

The Cheetos Flamin’ Hot Queso Rojo line features two new menu items. 

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Oppenheimer raises Travel + Leisure stock price target on earnings beat

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Oppenheimer raises Travel + Leisure stock price target on earnings beat

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Meta CEO Zuckerberg testifies in trial that could reshape tech’s liability

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Meta CEO Zuckerberg testifies in trial that could reshape tech’s liability

Meta CEO Mark Zuckerberg took the stand Wednesday in Los Angeles Superior Court in a landmark trial over claims that social media platforms harm children, marking his first time answering youth safety allegations before a jury.

The bellwether lawsuit, K.G.M. v. Meta Platforms, Inc., et al., was filed by a 20-year-old California woman identified by her initials. She alleges that Meta and other social media companies engineered their platforms to hook young users, fueling her depression and suicidal thoughts, and is seeking to hold the companies accountable.

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META CEO TO TESTIFY IN HIGH-STAKES TRIAL THAT COULD COST BIG TECH BILLIONS

Mark Zuckerberg, chief executive officer of Meta, arrives at a court in Los Angeles to testify in a landmark trial over social media addiction.

Mark Zuckerberg, chief executive officer of Meta, arrives at a court in Los Angeles to testify in a landmark trial over social media addiction. (Kyle Grillot/Bloomberg via Getty Images)

Meta’s Instagram and Google’s YouTube deny the allegations, citing years of expanded safety features and parental controls as part of their defense. The tech titan is expected to point to other factors in K.G.M.’s life, highlight their investments in youth safety and argue they should not be held responsible for harmful content uploaded by users.

A verdict for the plaintiff could set a precedent for holding tech companies responsible for harmful design decisions, despite years of successfully invoking Section 230’s content liability shield — a federal law that largely shields online platforms from lawsuits related to user-posted content. A rejection of that defense could pave the way for similar lawsuits nationwide, exposing Meta and other tech companies to billions in potential damages and pressuring them to redesign their platforms.

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This is a developing story; check back later for updates.

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(VIDEO) Canada Rallies Past Czechia 4-3 in Overtime Thriller to Advance to Men’s Hockey Semifinals

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What Is Fat Tuesday?

Mitch Marner scored the overtime winner 1:22 into the 3-on-3 extra period, lifting top-seeded Canada to a dramatic 4-3 comeback victory over Czechia in the men’s ice hockey quarterfinals at the Milano Cortina 2026 Winter Olympics on Wednesday, avoiding a stunning early exit and advancing to Friday’s semifinals.

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Ice Hockey

Trailing 3-2 with under four minutes left in regulation, Nick Suzuki tied the game at 3-3 with 3:27 remaining on a deflection off a Devon Toews shot. Marner’s backhander in sudden-death sealed the win after Canada overcame an early deficit and the loss of captain Sidney Crosby to injury.

Macklin Celebrini opened the scoring for Canada in the first period, but Czechia responded with goals from Lukas Sedlak and David Pastrnak to take a 2-1 lead after 20 minutes. Nathan MacKinnon tied it on the power play in the second at 12:16, assisted by Connor McDavid, who extended his Olympic points record to 11 with two helpers in the game.

Ondrej Palat put Czechia back ahead 3-2 in the third with a hash-mark strike off a Martin Necas pass, but Canada’s relentless pressure — outshooting Czechia 41-24 overall — forced overtime. Goaltender Jordan Binnington earned the win with key saves, including during a tense third-period push.

The victory avenged a closer-than-expected rematch after Canada’s dominant 5-0 group-stage win over Czechia on Feb. 12. Czechia, which scraped into the quarters with a qualification-round win over Denmark, pushed the tournament favorites to the brink with strong goaltending from Lukas Dostal and physical play.

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Crosby left early after a hit from Radko Gudas, limping off and not returning — a concern for Canada as it prepares for the semifinals against the lowest remaining seed. McDavid’s performance continued his dominance, tying the NHL-era Olympic points record in a single Games.

Canada improves to 4-0-0-0, while Czechia ends its campaign at 1-1-1 in the knockout stage. The Canadians dominated possession but faced resilient defending from Czechia, which blocked shots and countered effectively.

The quarterfinals wrapped with Finland vs. Switzerland (12:10 p.m. ET) and U.S. vs. Sweden (3:10 p.m. ET) following Slovakia’s earlier 6-2 win over Germany. Semifinals are set for Friday, Feb. 20, with the gold-medal game Sunday, Feb. 22.

Canada’s path to a potential 10th Olympic men’s hockey gold remains on track despite the scare. Coach Jon Cooper praised the team’s resilience: “We showed character when it mattered most.” Marner, celebrating his OT heroics, called it “a battle we needed to win.”
The win keeps the star-studded Canadian roster — featuring McDavid, MacKinnon, Suzuki, Celebrini and others — alive in pursuit of gold, with the semifinals promising another high-stakes clash.

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The Consumer Shock From Tariffs Isn’t Over. When Will Prices Peak?

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Alphabet Is Selling 100-Year Debt as Part of a Big Bond Sale

In this episode of WSJ’s Take On the Week, we’re joined by Royal Bank of Canada Chief Economist Frances Donald, who explains the K-shaped economy.

We discuss how Walmart has hit a trillion-dollar market capitalization despite consumer sentiment near record lows.

Plus, we talk about what could be hiding the true health of U.S. households, from front-loading purchases ahead of potential tariffs to buy-now-pay-later programs.

🎧 Listen to the podcast here or 📹 watch the video clip below:

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