According to reports, President Xi Jinping did a little saber-rattling over the Republic of China on Taiwan with President Trump. More or less, he seemed to be saying if America doesn’t handle Taiwan properly, the two countries will clash — and put the relationship in great jeopardy.

No one really knows what that means, forever and ever we’ve had a policy of strategic ambiguity, which amounts to an American defense of Taiwan’s autonomy and independence. I don’t think any of that is going to change. Nor do I think Mr. Trump wants it to change; it’s not really negotiable. And Taiwan, and especially the Taiwan Semiconductor Manufacturing Company, or TSMC, may well be at the center of the world’s A.I. competition. That’s a Taiwanese company that has just opened a substantial operation at Phoenix, Arizona. As well as other places in America. I doubt very strongly that Mr. Trump wants any of that changed. Or worse, give it up. Mr. Xi is bluffing.

In recent weeks he has watched America end his influence in Venezuela, the Panama Canal, soon it will be Cuba, and of course Iran. I mean Communist China’s buying 90 percent of Iran’s oil and gas exports. But with Mr. Trump’s air-tight blockade of Iranian ports, China is starving for energy. They might make a deal with us, but that too remains to be seen if it comes under Treasury Man Scott Bessent’s investment board idea.

Meanwhile Mr. Trump has elbowed China out of the Middle East and out of the Western Hemisphere. And on top of all that, China’s economy has never recovered from the real estate property crash of a couple years ago. They used to post GDP growth rates of 15 percent or more. Now that’s down to 5 percent or even less, which is essentially for them a recession. And if they have bad economic statistics cropping up, they have decided not to publish them at all.

Remember, China is Communist China, the CCP. Way back in the 1980s and 1990s, they flirted with some free market reforms that actually improved their economy, and generated a functioning private sector. Yet in the 21st century under subsequent dictators, most notably Mr. Xi, the economy has been turned back into a tightly-run statist enterprise, with enormous corruption and repeated economic failure. 

In world trade, they are highly protectionist and rarely keep their promises to open up markets. As someone who worked on Mr. Trump’s first term Phase One trade deal, I can tell you a lot about their broken promises. My point here is that while China has invested substantially in a strong military, their economy is malfunctioning and their political standing in the world is slipping badly.

All this reminds me of President Reagan and Gorbachev. The American economy was booming in the Reagan 1980s. The Soviet economy was collapsing. Gorbachev desperately wanted Reagan to drop what was then known as Star Wars, which has now become the Golden Dome defense of America. And of course Mr. Trump’s Space Force. Anyway, Reagan refused to negotiate Star Wars away. He bluntly told Gorbachev that the strong American economy was producing the resources to support space defense, but that the Soviet economy couldn’t possibly match us.  

I think the same is true today with Messrs. Trump and Xi. Here’s my favorite statistic: on a per capita basis, American GDP is well over $90,000 per person. And China? On a per person basis their GDP is just shy of $14,000. That gives America a nearly seven-fold economic advantage over China. So Mr. Xi may saber-rattle all he wants, but Mr. Trump has the goods to keep America first.

President Xi said previous trade negotiations between the two countries in South Korea had delivered “progress”, according to China’s foreign ministry, but he paired that with a stark warning on Taiwan, saying: “If mishandled, the two nations could collide or even come into conflict.”

‘As the UK’s only listed, scaled, pure‑play build‑to‑rent platform, we continue to benefit from a structurally undersupplied rental market’

Listed landlord Grainger Plc says it is in an “excellent” position after posting rising revenues and earnings in a time of uncertainty. The Newcastle based business, which owns and operates more than 11,000 properties across the UK including The Forge close to Newcastle Quayside, has issued half year results showing a strong performance with growing rental income and earnings, high occupancy and strong demand.

Net rental income increased by 7.8% to £66.1m in the six months to March 31 2026, while BTR (build to rent) rental grew 2.9% and its regulated tenancy rental was up 5.9%. Occupancy levels dipped from the 2025 full year figure of 98% but it said it remained high on 95.9% with strong demand.

The results are the first Grainger is reporting as a Real Estate Investment Trust (REIT), with profits reported as EPRA (European Public Real Estate Association) Earnings, reflecting its involvement in the industry association which represents such property companies.

Grainger said EPRA Earnings increased to £31.4m from £30.2m in the 2025 comparable period. Meanwhile, the interim dividend increased 3% to 2.94p per share. During the period Grainger made £2m of annual cost savings at the beginning of the financial year, through restructuring and other initiatives, to offset wage inflation.

In a report to shareholders, Grainger highlighted how there are 5.6m households in the rental market in the UK, and that its market – the build to rent sector – is growing but only represents 2.6% of the market, demonstrating the significant opportunity for further growth.

It said: “Our customer base has a very broad range of employment sectors, and our core demographic group sees steady levels of employment and are at a point in their lives when their careers and earnings are on an upward trajectory. Nearly three-quarters of our customer base is between the ages of 25 and 44. Our self-imposed student cap of 10% remains in place, a decision to distinguish our communities from those of student accommodation.”

Helen Gordon, chief executive, also welcomed the newly enforced Renters’ Rights Act, saying it struck a balance between tenants and landlords.

She said: “Grainger continues to deliver a strong performance, despite operating in a time of global and market uncertainty. We continue to build a resilient, high quality income stream. Occupancy remains high, rental income continues to grow along with our portfolio, and like-for-like rental growth continues in line with expectations, underpinned by wage inflation.

“We are on track to deliver our target of £60m EPRA Earnings for this financial year, a 12% increase from FY25, and £72m for FY29, a 35% increase. Grainger continues to deliver compounding earnings growth, with strong Ebitda margin expansion continuing. We are again increasing our dividend for the period, the 21st consecutive period of dividend growth.

“Earlier this month the new Renters’ Rights Act took effect, which we have supported from the beginning. The new legislation strikes a balance between tenant and landlord rights, albeit it is contributing to structural changes in the sector with smaller, private landlords exiting, and larger scale, professional landlords gaining market share.

“Housing is a needs-based asset class. Everyone will always need a place to live. Grainger’s rental income is underpinned by wage inflation, with a diversified, growing customer base and targeted asset clusters in the UK’s biggest cities. We have limited energy cost exposure, insulating us and our customers from inflationary cost pressures over the coming months.

“We remain focused on our financial discipline and have a clear capital allocation strategy designed to deliver shareholder value, with a focus on reducing net debt from our disposals programme in order to offset higher interest rates as our low-cost debt facilities mature. And as we complete our committed pipeline of high quality BTR schemes our earnings will grow as we leverage our sector-leading operational platform.

“As the UK’s only listed, scaled, pure‑play build‑to‑rent platform, we continue to benefit from a structurally undersupplied rental market and long‑duration, inflation‑linked income. The outlook for Grainger is excellent.”

Like this story? For more news from the commercial property scene around the regions, visit our dedicated section here for the latest news and analysis within the sector.

NEW YORK — Golf fans looking to follow the 2026 PGA Championship at historic Aronimink Golf Club in Newtown Square, Pennsylvania, from May 14-17 have multiple ways to watch the second major of the year across television, streaming platforms and digital features.

The tournament, one of golf’s four majors, features a strong field led by world No. 1 Scottie Scheffler and defending champion at previous venues, with live coverage provided by ESPN and CBS. Comprehensive streaming is available on ESPN+ and Paramount+, offering extensive options for viewers who want more than traditional broadcast feeds.

Television Schedule (All Times Eastern)

Thursday, May 14 (Round 1)

• ESPN+ early coverage begins at 6:45 a.m.
• Main broadcast on ESPN from 12 p.m. to 7 p.m.
• ESPN2 from 7 p.m. to 8 p.m.

Friday, May 15 (Round 2)

• ESPN+ early coverage at 6:45 a.m.
• Main broadcast on ESPN from 12 p.m. to 8 p.m.

Saturday, May 16 (Round 3)

• ESPN from 10 a.m. to 1 p.m.
• CBS from 1 p.m. to 7 p.m.

Sunday, May 17 (Final Round)

• ESPN from 10 a.m. to 1 p.m.
• CBS from 1 p.m. to 7 p.m.

ESPN will provide more than 235 hours of live coverage across the week, including featured groups, featured holes and additional digital streams. CBS Sports will handle the weekend primetime slots with traditional broadcast production.

Streaming Options ESPN+ serves as the primary streaming home for the PGA Championship, offering extensive early-round coverage, featured group feeds and additional camera angles not available on linear television. Subscribers can access multiple simultaneous streams, including dedicated feeds for featured groups and holes.

Paramount+ will stream the CBS weekend coverage for cord-cutters. Other live TV streaming services carrying ESPN and CBS, such as YouTube TV, Hulu + Live TV, DirecTV Stream and Fubo, also provide full access to the tournament.

For international viewers, rights vary by region. In the United Kingdom, Sky Sports holds primary rights, while other countries have local broadcasters or PGA Tour Live streaming options.

Additional Digital Coverage The PGA Championship website and app offer live scoring, hole-by-hole updates, player interviews and behind-the-scenes content. ESPN+ subscribers get enhanced digital features, including on-course microphones, statistics and expert analysis.

Radio coverage is available through PGA Championship Radio on SiriusXM, providing audio commentary throughout the week.

What to Expect from Aronimink Aronimink Golf Club, a classic Donald Ross design, will test players with tight fairways, strategic bunkering and challenging greens. The par-70 layout measures around 7,400 yards and favors precision over pure power, setting up compelling drama across four days.

Defending champion from the previous PGA and top contenders like Scottie Scheffler, Rory McIlroy and others will compete for the Wanamaker Trophy and a significant payday. Early practice rounds and press conferences have already generated buzz, with players praising the course setup while noting its difficulty.

Tips for Viewers Plan your viewing schedule around peak coverage windows, especially the weekend CBS broadcasts. ESPN+ is highly recommended for serious fans who want comprehensive access, including featured group streams that follow top players throughout their rounds.

Cord-cutters should verify their streaming service includes ESPN and CBS in its channel lineup. Many services offer free trials, making it easy to access the full tournament without a traditional cable package.

For those unable to watch live, highlights, recaps and on-demand replays will be available shortly after each round on the PGA Championship digital platforms and ESPN.

Why the PGA Championship Matters As one of golf’s four majors, the PGA Championship holds special prestige. Winning it elevates a player’s legacy and often shifts the narrative around their career. For fans, it represents one of the year’s premier sporting events, blending elite competition with the unique atmosphere of a major championship.

The 2026 edition at Aronimink continues a tradition of bringing the game’s biggest stars to classic venues that reward skill and strategy. With strong viewership expected, the tournament will once again showcase why professional golf remains compelling for audiences worldwide.

Whether you’re a dedicated golf enthusiast or a casual viewer tuning in for the drama of a major, multiple options exist to follow every shot. From traditional television to advanced streaming features, the 2026 PGA Championship offers something for every type of fan.

As the week unfolds at Aronimink, golf fans everywhere will have front-row access to one of the sport’s most exciting events. Tune in, stream along or follow digital updates to experience all the action as the world’s best compete for one of golf’s greatest prizes.

SAN FRANCISCO — A California man used Anthropic’s Claude AI to recover access to a Bitcoin wallet containing roughly five BTC — currently worth more than $400,000 — that had been locked for over 11 years after he forgot the password he changed while intoxicated, in a story that quickly went viral on social media and highlighted the growing role of artificial intelligence in personal finance and digital asset recovery.

The man, known on X as @cprkrn, posted a screenshot Wednesday showing his long-forgotten wallet address and the successful recovery, sparking widespread celebration and discussion across the crypto community. The wallet, 14VJySbsKraEJbtwk9ivnr1fXs6QuofuE6, had been dormant since around 2015 after he altered the password following a night of heavy cannabis use, leaving him unable to access the funds despite repeated attempts over the years.

In a detailed thread that has now been viewed more than 13 million times, @cprkrn explained how he tried approximately 3.5 trillion password combinations manually and through various tools without success. He eventually found an old mnemonic seed phrase in a college notebook but still could not locate the corresponding wallet file. In a last-ditch effort, he uploaded the entire contents of his old college computer to Claude, Anthropic’s flagship AI model.

Claude identified an ancient wallet file buried in the backup data and successfully used the mnemonic to decrypt it, revealing the long-lost Bitcoin. The user immediately transferred the funds to a new, secure wallet after confirming access. “HOLY FUCKING SHIT OMG CLAUDE JUST CRACKED THIS SHIT,” he wrote in the initial post. “THANK YOU @AnthropicAI THANK YOU @DarioAmodei NAMING MY KID AFTER YOU.”

The password itself added to the story’s viral appeal: “lol420fuckthePOLICE!*:)”. The user later shared that Claude summarized the entire recovery process in a concise overview, confirming the AI had located the critical file after the user provided his full computer archive.

The story quickly drew reactions from prominent figures in the crypto space. Nic Carter, a well-known Bitcoin analyst, replied “wait that’s insane.” Laura Shin, host of the Unchained podcast, posted “Omg! Amazing!!! 🤯 I love Claude 😍.” Binance.US jokingly replied “you should forget your password again for the plot,” prompting the user to fire back with a reference to the exchange’s past controversies.

MetaMask, Bitkey and other crypto projects offered congratulations and even promotional giveaways. Deadmau5, the electronic music artist, was tagged in a humorous reply asking him to perform at the user’s future wedding now that he could afford it. The thread also sparked serious discussion about AI’s role in crypto security and recovery.

Several replies raised legitimate security concerns. One user asked whether Anthropic now possessed the private keys, noting that uploading sensitive files to an AI model could theoretically expose them. The original poster confirmed he immediately moved the Bitcoin to a new wallet and expressed confidence that Anthropic’s security practices prevented any misuse. “I’m sure they have the key but I’m sure they have a lot else going on,” he replied.

Experts in digital asset recovery noted that this case was not an example of cracking a seed phrase or breaking Bitcoin’s cryptography. Instead, Claude performed advanced file analysis on the user’s old computer backup, locating a wallet file that still contained the necessary decryption data. “Claude did NOT crack a seed phrase,” one commenter clarified. “It decrypted a local file on a device he had the phrase on. Still a huge win for the owner, and zero security concerns for people with bitcoin.”

The incident underscores both the promise and the risks of using powerful AI models for personal data analysis. While Claude helped recover significant value in this instance, uploading old hard drive images raises privacy considerations. Anthropic has not commented publicly on the specific case, but the company’s models are designed with strict data handling policies and are not trained on individual user uploads in a way that retains permanent access to sensitive information.

Bitcoin enthusiasts celebrated the story as proof of the cryptocurrency’s enduring value. One user noted that five BTC purchased around 2015 for a few hundred dollars had appreciated dramatically, turning a forgotten asset into life-changing money. Others shared their own stories of lost or recovered crypto wallets, highlighting the importance of proper seed phrase management and secure backups.

The viral thread also reignited broader conversations about Bitcoin’s security model in an era of advanced AI. While the underlying cryptography remains unbroken, human error — such as forgetting passwords or losing seed phrases — continues to result in permanent loss of funds estimated in the billions of dollars across the ecosystem. Tools like Claude demonstrate how AI can help mitigate some of those losses by analyzing personal archives for forgotten files.

For the original poster, the recovery represents more than financial gain. He described spending $250 on specialized recovery tools over the years and feeling defeated until this final attempt succeeded. The moment has been described by many in the replies as “life-changing” and a “miracle enabled by AI.”

As the story continues to spread, it serves as a powerful case study in the practical applications of large language models for personal problem-solving. Anthropic’s Claude, already known for its strong reasoning capabilities, has now added a dramatic real-world success story to its growing reputation.

Whether this event encourages more people to use AI for digital asset recovery or raises new privacy concerns about sharing sensitive data with AI systems, one thing is clear: the intersection of artificial intelligence and cryptocurrency continues to produce unexpected and headline-grabbing moments that capture the public imagination.

For now, the original poster has gone quiet after thanking the community and confirming the successful transfer. His final message in the thread was a simple expression of disbelief and gratitude: “Still in disbelief myself.”

The crypto community, meanwhile, continues to celebrate what many are calling one of the most heartwarming and technically impressive recovery stories in Bitcoin’s history — made possible by a combination of persistent human effort and cutting-edge artificial intelligence.

For Fiona McCoss, business is not about hustle culture or rigid corporate structures, it’s about creating sustainable success through intuition, connection, and embodied leadership.

As founder of Wild Feminine Retreats and creator of the Wild Feminine Facilitator Training, she has built a thriving international community supporting women to reconnect with themselves, their bodies, and their creativity. From transformational retreats in Greece and Ibiza to mentoring female entrepreneurs around the world, McCoss has developed a business model rooted in what she calls “feminine business”, one that values nervous system regulation, pleasure, flexibility, and authentic human connection over burnout and one-size-fits-all formulas.

What do you currently do at your business?

My core offerings are my signature Wild Feminine Facilitator Training, one-to-one mentorship, and immersive retreats. Right now, I’m supporting 16 women through the current training cohort while preparing to host retreats in Crete and my online Wild Feminine Solstice Festival, which reaches over a thousand women globally.

No two days are ever the same. One day I may be teaching a masterclass, another focused on strategy, marketing, or client mentorship. What matters most to me is intimacy and genuine connection. I don’t see clients as names on a spreadsheet, I know their stories, their families, their dreams, and often even their pets’ names.

Together, we work on everything from nervous system healing and feminine leadership to pleasure, emotional expression, and business sustainability. My work is centred around helping women reconnect with themselves in a world that often encourages disconnection and over-performance.

Who do you admire?

Honestly, the women I work with who are mothers.

I’m child-free by choice, and I’ve chosen to pour my creative energy into the businesses and communities I’ve built. But I witness every day the depth of work many mothers are doing, not only raising children, but consciously breaking generational patterns and creating emotionally healthier environments for their families.

They’re teaching their children about boundaries, emotional literacy, consent, and self-worth in ways previous generations often didn’t experience. That level of self-awareness, sacrifice, and devotion deserves far more recognition and support than society currently gives it.

Looking back, is there anything you would have done differently?

I probably would have studied business or economics earlier on. When I first started, I had to teach myself everything from scratch and invested heavily in coaches and programmes to understand how to build a sustainable company.

Some of those investments were invaluable. Others weren’t.

What I eventually realised was that many traditional business formulas simply didn’t align with how I wanted to work or live. I had to create my own blueprint, one that balanced success with sustainability and nervous system health.

Personally, I’d also remind myself to enjoy the process more. Entrepreneurship can easily become an endless pursuit of the next milestone. I’m still learning to slow down and appreciate the beautiful moments along the way.

What defines your way of doing business?

The way I run my business is deeply rooted in feminine principles, which looks very different from traditional business culture.

For me, feminine business means working cyclically rather than mechanically. It means understanding energy, nervous system regulation, intuition, pleasure, creativity, and sustainability. I structure my work around what allows me to operate at my best, not around rigid nine-to-five expectations.

It’s also about rejecting performative hustle culture. You won’t find aggressive sales tactics or “bro marketing” here. I believe business can be deeply successful without burnout, urgency, or constant pressure.

My approach blends intuition with strategy. I trust what feels aligned while also applying systems and structure that genuinely support growth. Ultimately, I want to build businesses that support life, not consume it.

What advice would you give to someone starting out?

Get support early and build slowly.

I often describe feminine business as a “slow burn” model. It takes time to build sustainable momentum, but once it’s established, it creates something far more enduring than overnight success culture.

Too many people leave corporate seeking freedom and accidentally recreate the same stress and burnout patterns inside their own businesses. That’s why structure, systems, and support matter so much.

I’d also ask people to be honest with themselves: do you truly have the resilience and vision to build something long-term? Entrepreneurship is incredibly rewarding, but it’s also deeply challenging. Without a strong “why,” it becomes very difficult to stay committed when things get hard.

And finally, don’t let fear stop you. Most people regret the opportunities they didn’t take, not the ones they did.

What are your favourite things to do outside of work? How do you maintain a healthy work/life balance?

Pleasure and spaciousness are priorities in my life, not rewards I “earn” after overworking.

I’ve intentionally designed my business to support balance. I don’t check my phone before 8am or after 7pm, I avoid client calls on Mondays, and I don’t start desk work before 10am. These boundaries allow me to stay regulated, creative, and present.

Outside work, I love gardening, dancing, redecorating our home in Somerset, and spending time outdoors. Earlier this year, my partner and I bought a house in Frome, so I’ve been planting flowers and creating a space that feels nourishing and grounding.

And when I travel for retreats, I always stay a few extra days, preferably near a beach.

---

U.S. stocks advanced on Thursday, ​lifted by a rally in tech stocks as investors absorbed generally solid economic data and watched for developments from Beijing, where U.S. President Trump was engaged in a high-stakes meeting with his Chinese counterpart Xi Jinping.

All three major U.S. stock indexes gained ground, with the S&P 500 and the Nasdaq setting ‌their latest in ⁠a series ⁠of record closing highs.

“Everybody’s asking the same question: how much longer does this (rally) go on? There’s a lot of people that are loving this rally, but they’re ​also antsy at the same time,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “You have to be in it to ​win it, not just sitting on the sidelines watching the market go to all-time highs.”

Trump attended the summit along with an entourage that included Tesla CEO Elon Musk and Jensen Huang, chief executive of artificial intelligence chipmaker Nvidia.

Nvidia’s shares closed sharply higher after the ​U.S. cleared the sales of the company’s H200 chips to Chinese firms.

The summit ⁠between Trump and ‌Xi is intended to hash out a broad array of issues, including trade, U.S. arms sales ​to Taiwan and the ​re-opening of the Strait of Hormuz. The waterway, through which Asia gets much of its crude, has ⁠been effectively shut down during the U.S.-Israel war on Iran.
“Obviously, these are very ​high stakes meetings,” said Michael Monaghan, portfolio manager at Founder ETFs in Dallas. “It is certainly ​great power competition, but I think that these two economies will be better off working together.””I’m happy to see the two leaders collaborating, a tone of collaboration, and hopefully we’ll see that follow through in long-term agreements,” Monaghan added.

On the economic front, retail sales were in line with expectations, but propped up by rising gasoline prices resulting from the Iran war. Gasoline was largely responsible for the biggest jump in import prices since October 2022.

A series of inflation reports this week showed the risk of spiking energy ‌costs metastasizing to other goods and services, extinguishing hopes for near-term rate cuts from the U.S. Federal Reserve.

Kansas City Fed President Jeffrey Schmid called inflation the most “pressing risk” to the U.S. economy, which he characterizes as “resilient.” ​While Schmid is not ​a voter on monetary policy this ⁠year, his remarks reflect the view of the Fed’s hawkish wing.

According to preliminary data, the S&P 500 gained 57.39 points, or 0.77%, to end at 7,501.64 points, while the Nasdaq Composite gained 232.88 points, or 0.88%, to 26,635.83. The Dow Jones Industrial Average rose 374.79 ​points, or 0.75%, to 50,067.99.

Cisco surged to an all-time high after the computer networking giant announced nearly 4,000 job cuts as part of a restructuring scheme, and raised its annual revenue forecast.

U.S.-listed shares of tech infrastructure firm Nebius Group rose after Northland Capital raised its target price by 15.3% to $248 per share.

China has agreed to buy 200 jets from Boeing, President Trump told Fox News. Even so, the planemaker’s stock closed lower.

Cerebras jumped nearly 90% above its offer price in the chipmaker’s U.S. market debut.