People who are squeamish about needles will soon have an alternative, as the Food and Drug Administration has approved a pill version of Wegovy that could be available as soon as next month.
Novo Nordisk, maker of the GLP-1 weight-loss drug, announced on Monday that it has received FDA approval for its once-daily pill that has been shown to achieve comparable weight-loss results as the injectable Wegovy. The Danish drugmaker said the pill could launch in the U.S. in early January, while it is still awaiting approval from regulatory authorities elsewhere.
The news marks a new era for the spate of popular weight-loss drugs. While there is a 14-milligram oral semaglutide currently on the marketthe diabetes drug Rybelsusthe Wegovy pill will be made available in a higher, 25-milligram dose. Theres not yet a pill version of Ozempic, which is also made by Novo Nordisk.
As the first oral GLP-1 treatment for people living with overweight or obesity, the Wegovy pill provides patients with a new, convenient treatment option that can help patients start or continue their weight loss journey, Mike Doustdar, president and CEO of Novo Nordisk, said in a statement. We are very excited for what this will mean for patients in the U.S.
THE PILL RACE
The race to get a weight-loss pill on the market has been a long time coming, as Novo Nordisk began clinical trials of the Wegovy pill more than two years ago. Eli Lilly, maker of Zepbound and Mounjaro, is currently testing a weight-loss pill called orforglipron in clinical trials and the drug is part of an FDA priority voucher program that comes with a faster timeframe for reviewing medications. Wegovy is also part of that program.
As with the shot, the Wegovy pill will require a prescription from a doctor. About one in eight American adults were taking a GLP-1 drug as of several weeks ago, according to a KFF Health Tracking Poll released last month. These drugs are especially popular among middle-aged adults, as 30% of people between the ages of 50 and 64 reported that theyve used one of these drugs at some point, the highest share among any demographic.
A pill version could mean that even more people are on weight-loss medications.
We believe it will expand access and options for patients, Dr. Jason Brett, principal U.S. medical head for Novo Nordisk, told CNN in an interview. We know there are some patients who just wont take an injectable medication.
COST IN FOCUS
But the cost of these drugs has also become a concern, and particularly if insurance doesnt cover them. Last month, President Donald Trump announced a plan to lower the costs of popular prescription drugs, including Wegovy and Ozempic, if people purchase through TrumpRX.
The Wegovy pill will be available for as little as $149 per month for the starting dose of 1.5 milligrams as part of that deal the drugmaker struck with the Trump administration last month. That said, the starting dose of these drugs typically doesnt yield the same type of weight loss and are intended to help people build up a tolerance.
Novo Nordisk didnt provide information about the pricing for the higher dosage of the pill that was approved by the FDA. Shares of the Danish drugmaker have surged more than 8% so far this week.
The fintech industry has spent the last decade obsessing over seamless experiences and bringing financial products inside the tools that consumers were already hooked on. Instant approvals, one-click funding, and frictionless onboarding became the benchmarks of success. And for good reason; they removed friction that had frustrated their customers for generations.
But here’s what we’re learning as embedded finance matures: The consumers and businesses that use embedded financial products repeatedly and stay loyal to their platforms are not just staying for the technology and platform. They’re staying because when they need it, theyre able to get help from people who understand the product, can anticipate their issues, and guide them through decisions that carry real financial weight. Its not just the technology that is required to win, but the right level of service also.
EMBED SOLUTIONS, NOT JUST PRODUCTS
Embedded fintech puts financial services directly inside the software people already use to manage their everyday life or business. Here’s why the human element matters from day one. Say youre a restaurant owner looking to apply for capital through your point-of-sale system. When a business owner needs to understand their costs, their options, and whether it makes sense to take a bank loan or advance, reassurance and education are the difference between gaining a customer and losing one. Financial issues carry real consequences and static. Confusing FAQ pages often arent enough to build the trust needed to work through them.
Tomorrows embedded solutions cater to the full experience. They offer support from onboarding onwards, and a person to call when need arises. An API that works smoothly is embedded finance. A specialist who walks a customer through why their funding limit changed and what they can do about it? That’s a true embedded solution.
SPEED ALONE WONT HELP
Fast approvals get customers excited. A three-minute application that results in instant access to $50,000 in working capital, or a next generation embedded credit card, feels impressive at first. But speed without guidance often leads to confusion and eventually customers who stop using the product.
Consider the restaurant owner we mentioned above who is applying for working capital through their point-of-sale system. They’re looking at questions about personal guarantees, wondering what happens to their home if the business hits a rough patch. They’re trying to figure out if automatic deductions will interfere with making payroll next week. A self-serve flow can’t anticipate or answer questions like this. It makes it hard to build trust or drive long-term use.
Human support changes the numbers by helping customers understand what they have access to and how to use it. When someone has access to a human to help them work out how to use a product, the math is simple. They use it a lot more.
BETTER SERVICE EQUALS MORE ADOPTION
The most successful embedded fintech products combine great products with a team of people who know how to guide customers through complex decisions. It’s not about choosing between automation and service. It’s about using both where they work best.
Even with a smooth digital experience, first-time financial product users benefit from talking to someone who understands their business. The best specialists don’t just answer questions. They help customers see how to get the most value.
Most businesses don’t use the maximum available credit. Not because they don’t need it, but because they’re unsure when it makes sense to access more. When a specialist reaches out to say, “We noticed you’re growing quickly and using about 60% of your available capital. Want to talk about whether increasing your limit makes sense?” two things happen. First, the customer feels seen. Second, they’re more likely to access additional capital that actually helps them grow.
THE FUTURE OF EMBEDDED FINANCE
The embedded finance industry is moving past the early “automate everything” phase. The platforms and providers building long-term relationships understand that financial products are fundamentally about trust, and trust comes from consistent, helpful interaction backed by reliable technology.
This doesn’t mean every fintech provider will build massive support teams. It means the successful ones will figure out how to deliver expert guidance at scale, using technology to make human expertise more accessible and effective, not to replace it.
For software platforms, this creates an opportunity. As embedded finance becomes more common, service quality becomes a key way to stand out. Its not just about access to capital and financial services. The platforms that help their customers actually use them to grow will build stronger relationships than platforms that simply offer another feature.
Luke Voiles is CEO of Pipe.
Aerospace company Starfighters Space, which operates the world’s only commercial supersonic aircraft fleet out of NASA’s Kennedy Space Center, is down double digits after major gains following completion of its initial public offering (IPO) last week.
Starfighters Space’s stock price has had a volatile ride in the days since, and Tuesday was no exception.
On Tuesday, shares of the stock, which are trading under the ticker symbol FJET, were down 55%, just one day after Monday’s record gains, when it soared a whopping 371%.
The Florida-based company completed its IPO last Wednesday, with shares beginning to trade on the NYSE American the next day. The company raised $40 million in its Regulation A offering.
The stock opened at $10 per share, and peaked at $17.72 on Thursday before sliding back down to $6.69 on Friday, according to Investor’s Business Daily.
In midday trading on Tuesday at the time of this writing, FJET was trading at $14.18 a share.
What is Starfighters Space?
The company owns and operates the largest commercial fleet of supersonic aircraft, which consists of seven Lockheed F-104 Starfighters adapted for space missions, and is based out of NASA’s Kennedy Space Center in Cape Canaveral, Florida.
Starfighters is developing a StarLaunch program, which uses the jets to deploy satellites and small payloads into space, with the capability to fly at MACH 2 speed.
Founded just three years ago in 2022, the company also offers pilot and astronaut training, in-flight testing services, and solutions for both defense and private sector industries. Current customers include Lockheed Martin, GE, Innoveering, Space Florida, and the U.S. Air Force Research Laboratory.
Starfighters Space financials
Starfighters Space Inc. had an approximate market capitalization of $395 million at the time of this writing.
The public listing . . . reflects growing investor interest in companies providing real-world aerospace capabilities aligned with national security, space access, and advanced testing requirements,” Starfighters CEO and founder Rick Svetkoff said in a recent statement. “The Company is well positioned to deliver services to a range of customers through our fast, innovative and unique platform.
Last weekend, a gnarly power outage in San Francisco took out a number of traffic lights, which, in turn, sent a number of self-driving Waymo robotaxis into a sort of fugue state. Instead of driving, some of the Waymos responded to these now-analog intersections by turning on their hazard lights, blocking traffic, and, well, not doing much of anything. There were multiple instances of Waymo cars clogging up roads, turning futuristic technology into glorified bollards. The city quickly asked the company to turn off the service.
The immediate issue has been resolvedthe power is back on and the Waymo service had resumed in San Francisco as of Sunday. But questions linger about whether Waymo, or the city, had a plan for a relatively predictable type of municipal emergencya blackout that crowds communications networksor how theyre adjusting now.
One of the big solutions to AI failures is the much-discussed human in the loop. The idea: At some point in an automated processwhether it be a job-application screening system or powerful self-driving car algorithmshumans have the opportunity to intervene and fix the hard stuff that artificial intelligence cant handle. AI doesnt understand every complex situation, the logic goes. So there are safeguards built into a system to ensure that, at some point, an actual live person can set an automated system back on the right path.
The problem, as recent events demonstrated, is that sometimes this human-in-the-loop doesnt always answer the phone. Or can’t.
Over the weekend, a remote assistance team was supposed to help the cars navigate when they encountered a confusing traffic situation, a Waymo spokesperson explains. But networks were overwhelmedbecause of the power outagemaking it difficult for the Waymo Driver software in some of the cars to connect with that team and receive confirmations.
Waymo spokesperson Ethan Teicher tells Fast Company that the company prioritizes safety and tests and refines its emergency preparedness and response protocols on a regular basis. He also defends the companys response to other emergencies, including Hurricane Helene in Atlanta and previous tsunami warnings in San Francisco.
We are committed to continuous improvement, and we will use learnings from the weekend to strengthen our resilience under even the most challenging conditions, Teicher says. Ahead of entering any city, we work to understand the types of issues that impact the region.
Waymo works with local officials and first responders to keep lines of communication open, he adds. “In the event of an emergency, we have operational controls that range from active routing of vehicles to avoid certain locations (for example, in the case of flooding), to fleet reductions or restrictions like we enacted over the weekend in response to the widespread PG&E power outages in the Bay Area, he says.
The California Department of Motor Vehicles says that it was in contact with the City of San Francisco about the incident, and that its officials met with Waymo on Monday morning, too. The DMV will continue communication with Waymo to discuss broader operational plans, including actions related to emergency response, a spokesperson for the agency added.
The incident is a reminder that while the cars are self-driving, they dont always operate completely independently of public infrastructure, like communications networks. A major proposition of self-driving car companies is that they will be far safer to operate overall than human drivers. Autonomous vehicles do make serious mistakes, but so do human drivers. Importantly, there are also procedures for first responders who encounter Waymo robototaxis, including ways for the cars to call a remote team when it senses an interaction with police, as Fast Company has previously reported.
In this case, though, the backup plan for a complex driving situation seems to have actually exacerbated issues. In at least one reported case, the cars apparently blocked emergency vehicles.
For example, Cruise, the now-shut-down self-driving car company that was owned by General Motors, also had problems with its cars getting confused and blocking traffic because of wireless connection issues. Waymo has emphasized that its cars do not rely on continuous wireless connection to operate. The company wants its cars to be able to operate with the compute to be on board and for it to make decisions, without needing to rely on cell signals and remote operators, it previously told Light Reading.
Still, the power outage is a reminder that the cars sometimes do, in some circumstances, depend on these networks when they need extra assistance. Now comes the question of what happens in the next blackout, and whether the cityor Waymohad a plan for this kind of situation.
The San Francisco Metropolitan Transportation Authority did not respond to a request for comment. Terrie Prosper, who handles external communications at the California Public Utilities Commission, says the agency was aware of the Waymo outage and was looking into specifics.
As others have pointed out, this isnt just about San Francisco. Waymo is now operating in several places, including perhaps its greatest challenge yet: New York City, where it is in the initial testing phase.
The New York City Department of Transportation tells Fast Company the city was in regular communication with Waymo about its testing in some neighborhoods and that it was aware of the outage in San Francisco. A spokesperson emphasizes that state law mandated the presence of a safety driver behind the wheel who would be prepared to take over in the event of a blackout.
Waymos have also appeared in Austin and are expected to fully launch in Dallas. A spokesperson for the city of Austin and a spokesperson for the city of Dallas both said their governments are not able to regulate self-driving cars, per state law. The state of Texas did not respond to a request for comment.
While Texas law prohibits cities from regulating AVs, including during emergencies, the City of Austin works with all AV companies on expectations around weather and other emergency scenarios, says Jack Flager, a spokesperson for the city of Austin. When our staff work with AV companies on the expectations around weather and other emergency scenarios, those expectations include AVs understanding how to properly react to barricades, floodwater, and dark or flashing signals.
As for New York, Oren Barzilay, the president of the FDNY EMS Local 2507, tells Fast Company, an outage like the one in San Francisco would delay emergency response times. “We already have major delays with current traffic conditions, this will only add to a growing issue, Barzilay says. It is a public safety issue if our crews can’t get through to reach victims in a timely manner.
Metas decision to end its professional fact-checking program sparked a wave of criticism in the tech and media world. Critics warned that dropping expert oversight could erode trust and reliability in the digital information landscape, especially when profit-driven platforms are mostly left to police themselves.
What much of this debate has overlooked, however, is that today, AI large language models are increasingly used to write up news summaries, headlines, and content that catch your attention long before traditional content moderation mechanisms can step in. The issue isnt clear-cut cases of misinformation or harmful subject matter going unflagged in the absence of content moderation. Whats missing from the discussion is how ostensibly accurate information is selected, framed, and emphasized in ways that can shape public perception.
Large language models gradually influence the way people form opinions by generating the information that chatbots and virtual assistants present to people over time. These models are now also being built into news sites, social media platforms, and search services, making them the primary gateway to obtain information.
Studies show that large language models do more than simply pass along information. Their responses can subtly highlight certain viewpoints while minimizing others, often without users realizing it.
Communication bias
My colleague, computer scientist Stefan Schmid, and I, a technology law and policy scholar, show in a forthcoming accepted paper in the journal Communications of the ACM that large language models exhibit communication bias. We found that they may have a tendency to highlight particular perspectives while omitting or diminishing others. Such bias can influence how users think or feel, regardless of whether the information presented is true or false.
Empirical research over the past few years has produced benchmark datasets that correlate model outputs with party positions before and during elections. They reveal variations in how current large language models deal with public content. Depending on the persona or context used in prompting large language models, current models subtly tilt toward particular positionseven when factual accuracy remains intact.
These shifts point to an emerging form of persona-based steerabilitya models tendency to align its tone and emphasis with the perceived expectations of the user. For instance, when a user describes themselves as an environmental activist and another as a business owner, a model may answer the same question about a new climate law by emphasizing different, yet factually accurate, concerns for each of them. For example, the criticisms could be that the law does not go far enough in promoting environmental benefits and that the law imposes regulatory burdens and compliance costs.
Such alignment can easily be misread as flattery. The phenomenon is called sycophancy: Models effectively tell users what they want to hear. But while sycophancy is a symptom of user-model interaction, communication bias runs deeper. It reflects disparities in who designs and builds these systems, what datasets they draw from, and which incentives drive their refinement. When a handful of developers dominate the large language model market and their systems consistently present some viewpoints more favorably than others, small differences in model behavior can scale into significant distortions in public communication.
Bias in large language models starts with the data theyre trained on.
What regulation can and cant do
Modern society increasingly relies on large language models as the primary interface between people and information. Governments worldwide have launched policies to address concerns over AI bias. For instance, the European Unions AI Act and the Digital Services Act attempt to impose transparency and accountability. But neither is designed to address the nuanced issue of communication bias in AI outputs.
Proponents of AI regulation often cite neutral AI as a goal, but true neutrality is often unattainable. AI systems reflect the biases embedded in their data, training, and design, and attempts to regulate such bias often end up trading one flavor of bias for another.
And communication bias is not just about accuracyit is about content generation and framing. Imagine asking an AI system a question about a contentious piece of legislation. The models answer is not only shaped by facts, but also by how those facts are presented, which sources are highlighted and the tone and viewpoint it adopts.
This means that the root of the bias problem is not merely in addressing biased training data or skewed outputs, but in the market structures that shape technology design in the first place. When only a few large language models have access to information, the risk of communication bias grows. Apart from regulation, then, effective bias mitigation requires safeguarding competition, user-driven accountability and regulatory openness to different ways of building and offering large language models.
Most regulations so far aim at banning harmful outputs after the technologys deployment, or forcing companies to run audits before launch. Our analysis shows that while prelaunch checks and post-deployment oversight may catch the most glaring errors, they may be less effective at addressing subtle communication bias that emerges through user interactions.
Beyond AI regulation
It is tempting to expect that regulation can eliminate all biases in AI systems. In some instances, these policies can be helpful, but they tend to fail to address a deeper issue: the incentives that determine the technologies that communicate information to the public.
Our findings clarify that a more lating solution lies in fostering competition, transparency, and meaningful user participation, enabling consumers to play an active role in how companies design, test, and deploy large language models.
The reason these policies are important is that, ultimately, AI will not only influence the information we seek and the daily news we read, but it will also play a crucial part in shaping the kind of society we envision for the future.
Adrian Kuenzler is a scholar-in-residence at the University of Denver and an associate professor at the University of Hong Kong.
This article is republished from The Conversation under a Creative Commons license. Read the original article.
The Federal Communications Commission on Monday said it would ban new foreign-made drones, a move that will keep new Chinese-made drones such as those from DJI and Autel out of the U.S. market.
The announcement came a year after Congress passed a defense bill that raised national security concerns about Chinese-made drones, which have become a dominant player in the U.S., widely used in farming, mapping, law enforcement,ss and filmmaking.
The bill called for stopping the two Chinese companies from selling new drones in the U.S. if a review found they posed a risk to American national security. The deadline for the review was Dec. 23.
The FCC said Monday the review found that all drones and critical components produced in foreign countries, not just by the two Chinese companies, posed unacceptable risks to the national security of the United States and to the safety and security of U.S. persons.” But it said specific drones or components would be exempt if the Pentagon or Department of Homeland Security determined they did not pose such risks.
The FCC cited upcoming major events, such as the 2026 World Cup, America250 celebrations, and the 2028 Summer Olympics in Los Angeles, as reasons to address potential drone threats posed by criminals, hostile foreign actors, and terrorists.”
Michael Robbins, president and chief executive officer of AUVSI, the Association for Uncrewed Vehicle Systems International, said in a statement that the industry group welcomes the decision. He said it’s time for the U.S. not only to reduce its dependence on China but build its own drones.
Recent history underscores why the United States must increase domestic drone production and secure its supply chains,” Robbins said, citing Beijing’s willingness to restrict critical supplies such as rare earth magnets to serve its strategic interests.
DJI said it was disappointed by the FCC decision. While DJI was not singled out, no information has been released regarding what information was used by the Executive Branch in reaching its determination, it said in a statement.
Concerns about DJIs data security have not been grounded in evidence and instead reflect protectionism, contrary to the principles of an open market, the company said.
In Texas, Gene Robinson has a fleet of nine DJI drones that he uses for law enforcement training and forensic analyses. He said the new restrictions would hurt him and many others who have come to rely on the Chinese drones because of their versatility, high performance, and affordable prices.
But he said he understands the decision and lamented that the U.S. had outsourced the manufacturing to China. Now, we are paying the price, Robinson said. To get back to where we had the independence, there will be some growing pains. We need to suck it up, and lets not have it happen again.”
Also in Texas, Arthur Erickson, chief executive officer and co-founder of the drone-making company Hylio, said the departure of DJI would provide much-needed room for American companies like his to grow. New investments are pouring in to help him ramp up production of spray drones, which farmers use to fertilize their fields, and it will bring down prices, Erickson said.
But he also called it crazy and unexpected that the FCC should expand the scope to all foreign-made drones and drone components. The way it’s written is a blanket statement, Erickson said. There’s a global allied supply chain. I hope they will clarify that.
Didi Tang, Associated Press
The governor of Niigata on Tuesday formally gave local consent to put two reactors at the Kashiwazaki-Kariwa nuclear power plant in the north-central prefecture back online, clearing a last hurdle toward restarting the plant idled for more than a decade following the 2011 meltdowns at another plant managed by the same utility.
Gov. Hideyo Hanazumi, in his meeting with Economy and Industry Minister Ryosei Akazawa, conveyed the prefecture’s “endorsement” to restart the No. 6 and No. 7 reactors at the Kashiwazaki-Kariwa plant, accepting the government’s pledge to ensure safety, emergency response and understanding of the residents.
Restart preparations for No. 6 reactor have moved ahead and utility company TEPCO is expected to apply for a final safety inspection by the Nuclear Safety Authority later this week ahead of a possible resumption in January. Work at the other reactor is expected to take a few more years.
The move comes one day after the Niigata prefectural assembly adopted a budget bill that included funding necessary for a restart, supporting the governor’s earlier consent.
“It was a heavy and difficult decision,” Hanazumi told reporters.
Hanazumi also met with Prime Minister Sanae Takaichi, who also supports nuclear energy, and asked her to visit to observe the safety at the plant.
Japan once planned to phase out atomic power following the disaster at the Fukushima plant caused by an earthquake and tsunami. But in the face of global fuel shortages, rising prices and pressure to reduce carbon emissions, the government has reversed its policy and is now seeking to increase nuclear energy use by accelerating reactor restarts, extending their operational lifespan and considering building new ones.
Of the 57 commercial reactors, 13 are currently in operation, 20 are offline and 24 others are being decommissioned, according to the nuclear authorities.
The Kashiwazaki-Kariwa plant, which comprises seven reactors, is the world’s biggest. The plant has been offline since 2012 as part of nationwide reactor shutdowns in response to the March 2011 triple meltdowns at TEPCO’s Fukushima Daiichi plant.
Reactors No. 6 and 7 at Kashiwazaki-Kariwa had cleared safety tests in 2017, but their restart preparations were suspended after a series of safeguarding problems were found in 2021. The Nuclear Regulation Authority lifted an operational ban at the plant in 2023.
Its resumption again faced uncertainty following the Jan. 1, 2024, earthquake in the nearby Noto region that rekindled safety concerns among local residents about the plant and evacuation in case of a major disaster. The industry ministry sought an early resumption approval from Niigata two months later.
In Japan, a reactor restart is subject to the local community’s consent.
TEPCO, heavily burdened with the growing cost of decades-long decommissioning and compensation for residents affected by the Fukushima disaster, has been anxious to resume its only workable nuclear plant to improve its business. TEPCO has been struggling to regain public trust in safely running a nuclear power plant.
Aside from plant safety, experts say acceleration of reactor restarts also raises concern in a country without full nuclear fuel reprocessing or plans for radioactive waste management.
Mari Yamaguchi, Associated Press
The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, as government and consumer spending, as well as exports, all increased.U.S. gross domestic product from July through September the economy’s total output of goods and services rose from its 3.8% growth rate in the April-June quarter, the Commerce Department said Tuesday in a report delayed by the government shutdown. Analysts surveyed by the data firm FactSet forecast growth of 3% in the period.However, inflation remains higher than the Federal Reserve would like. The Fed’s favored inflation gauge called the personal consumption expenditures index, or PCE climbed to a 2.8% annual pace last quarter, up from 2.1% in the second quarter.Excluding volatile food and energy prices, so-called core PCE inflation was 2.9%, up from 2.6% in the April-June quarter.Economists say that persistent and potentially worsening inflation could make a January interest rate cut from the Fed less likely, even as central bank official remain concerned about a slowing labor market.“If the economy keeps producing at this level, then there isn’t as much need to worry about a slowing economy,” said Chris Zaccarelli, chief investment officer for Northlight Asset Management, adding that inflation could return as the greatest concern about the economy.In a slow holiday trading week, U.S. markets on Wall Street turned lower following the GDP report, likely due to growing doubts that another Fed rate cut is coming next month.Consumer spending, which accounts for about 70% of U.S. economic activity, rose to a 3.5% annual pace last quarter, up from 2.5% in the April-June period.Consumption and investment by the government grew by 2.2% in the quarter after contracting 0.1% in the second quarter. The third quarter figure was boosted by increased expenditures at the state and local levels and federal government defense spending.Private business investment fell 0.3%, led by declines in investment in housing and in nonresidential buildings such as offices and warehouses. However, that decline was much less than the 13.8% slide in the second quarter.Within the GDP data, a category that measures the economy’s underlying strength grew at a 3% annual rate from July through September, up slightly from 2.9% in the second quarter. This category includes consumer spending and private investment, but excludes volatile items like exports, inventories and government spending.Exports grew at an 8.8% rate, while imports, which subtract from GDP, fell another 4.7%.Tuesday’s report is the first of three estimates the government will make of GDP growth for the third quarter of the year.Outside of the first quarter, when the economy shrank for the first time in three years as companies rushed to import goods ahead of President Donald Trump’s tariff rollout, the U.S. economy has continued to expand at a healthy rate. That’s despite much higher borrowing rates the Fed imposed in 2022 and 2023 in its drive to curb the inflation that surged as the United States bounced back with unexpected strength from the brief but devastating COVID-19 recession of 2020.Though inflation remains above the Fed’s 2% target, the central bank cut its benchmark lending rate three times in a row to close out 2025, mostly out of concern for a job market that has steadily lost momentum since spring.Last week, the government reported that the U.S. economy gained a healthy 64,000 jobs in November but lost 105,000 in October. Notably, the unemployment rate rose to 4.6% last month, the highest since 2021.The country’s labor market has been stuck in a “low hire, low fire” state, economists say, as businesses stand pat due to uncertainty over Trump’s tariffs and the lingering effects of elevated interest rates. Since March, job creation has fallen to an average 35,000 a month, compared to 71,000 in the year ended in March. Fed Chair Jerome Powell has said that he suspects those numbers will be revised even lower.
Matt Ott, AP Business Writer
Santa keeps delivering for quantum computing investors this year.
On Monday, shares of well-known quantum computing firms shot up by double digits, with D-Wave Quantum stock up almost 15% and Quantum Computing Inc. up 11%. Shares of IonQ Inc. and Rigetti Computing were likewise up roughly 10%.
The exact catalyst spurring those increases is unclear.
It may have initially been sparked in part by D-Waves Monday announcement that it would be attending the CES 2026 trade show next month.
The Palo Alto-based company plans to showcase its award-winning annealing quantum computing technology, hybrid quantum-classical solvers, and real-world customer use cases that are demonstrating measurable performance benefits, often beyond classical computing alone.
Quantum computing stocks have seen strong growth in 2025
Aside from that announcement, there may simply be ongoing excitement about the quantum space in general.
Publicly traded quantum computing firms have captivated investors over the past year or more, despite the speculative nature of the underlying technology that some say will transform the computer industry.
A June report published by McKinsey & Company dug into the appeal, saying that surging investment and faster-than-expected innovation could propel the quantum market to $100 billion in a decade.
It added that as quantum computing startups have received more funding from both public and private sources, the technology itself has started seeing more commercial deployment, and companies are also making progress in patenting the technology theyre developing.
Year-to-date growth for these stocks has been mostly impressive and in some cases eye-popping.
As of Tuesday morning, D-Wave shares are up 235% since January 1. IonQ shares are up 25%, and Rigetti shares are up 34%.
The outlier is Quantum Computing Inc., which has seen its stock price fall 35% year-to-date.
Will the end-of-year quantum rally last?
It’s unclear how long the holiday rally is going to last, but some profit-taking already seems to be underway.
As of early trading on Tuesday morning, D-Wave shares had fallen roughly 3%, while Rigetti was down around 1.58%. Shares in Quantum Computing Inc. IonQ were roughly flat.
We used to argue whether design was about aesthetics or about functionality. But in 2025, those conversations seemed downright quaint. Simpler debates for a simpler time.
Now were wondering if craft can survive the age of AI, and if well ever escape the politicization of every brand and object again.
For the December episode of our podcast By Design, I discussed these trends and more with Fast Company senior editor Liz Stinson.
We were joined by some of our brightest friends in the industry who shared their biggest own moments in design for the year, including Paola Antonelli (senior curator at MoMA), Cliff Kuang (FC Designs first editor and senior staff designer at Google), Forest Young (Global Design & AI Resident at Wolff Olins), and Elizabeth Goodspeed (editor-at-large at Its Nice That). Just try to guess who called out vibe coding, and who highlighted Sabrina Carpenters latest tour.
Tune in through Apple or Spotify, and please give us a few stars if you like it.
See you in 2026!
