Inflation measure falls to nearly five-year low as gas prices and housing costs cool

WASHINGTON (AP) – A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices fell, offering some relief to Americans grappling with the sharp cost increases of the past five years.

Anthropic hits $380B valuation as it heightens competition with OpenAI

Artificial intelligence company Anthropic says it is now valued at $380 billion, cementing its position alongside rival OpenAI and Elon Musk’s SpaceX in a trio of the world’s most valuable startups that investors will be watching closely this year to see if they will become publicly traded on Wall Street.

Soaring coffee prices rewrite some Americans' daily routines

NEW YORK (AP) – For years, it was a daily McDonald’s trip for a cup of coffee with 10 sugars and five creams. Later, it was Starbucks caramel macchiatos with almond milk and two pumps of syrup.

Wendy's closes US restaurants and focuses on value to turn around sales

Wendy’s is closing several hundred U.S. restaurants and increasing its focus on value after a weaker-than-expected fourth quarter. The Dublin, Ohio-based company said Friday that its global same-store sales, or sales at locations open at least a year, fell 10% in the October-December period. That was worse than the 8.5% drop expected by analysts polled by FactSet.

Editorials from New York Times, Wall Street Journal, Washington Post and others

Excerpts from recent editorials in the United States and abroad:

Japan's technology investor SoftBank sees profitability return on AI boom

TOKYO (AP) – Japanese technology and telecoms giant SoftBank Group Corp. swung back into profitability in the last quarter of 2025 as its investments in OpenAI and other ventures paid off, the company said Thursday.

Amazon scraps partnership after Super Bowl ad backlash

Amazon’s smart doorbell maker Ring has terminated a partnership with police surveillance tech company Flock Safety. The announcement follows a backlash that erupted after 30-second Ring ad that aired during the Super Bowl featuring a lost dog that is found through a network of cameras, sparking fears of a dystopian surveillance society.

Netflix's 'Culinary Class Wars' has transformed South Korea's fine dining scene

SEOUL, South Korea (AP) – When South Korean chef Jun Lee opened his restaurant SOIGNÉ in Seoul 13 years ago, explaining what fine dining meant was part of the job.

Logistics giant DP World replaces chairman named in Epstein documents

CAIRO (AP) – Dubai has announced a new chairman for DP World, one of the world’s largest logistics companies, replacing the outgoing head who was named in the Jeffrey Epstein documents. The announcement by the government’s Dubai Media Office did not specifically name Sultan Ahmed bin Sulayem.