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Anthropic announced today that it has confidentially filed for an initial public offering, joining rivals SpaceX and (reportedly) OpenAI in preparing plans to list its shares. If they do, the three giga-IPOs could add as much as $4trn to the market value of listed American companies in a matter of months. Can the stockmarket handle this? Probably—but in the longer term, expect some indigestion.
In America, the idea of paying reparations to victims of racism is not new: five states and some cities have launched exploratory commissions. But only one scheme has actually paid out money. Our correspondent reports from Evanston, a Chicago suburb home to Northwestern University. Its proponents hope it will inspire something bigger, but the scheme is faltering. | 
