Finance
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Jerome Powell to Gen Z: Don’t fear AI—master it
Federal Reserve Chair Jerome Powell delivered a pointed message to the next generation of workers last week: Stop worrying about…
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ICE agents called in to help ease airport security lines may not be leaving anytime soon
Even after President Donald Trump ordered emergency pay for Transportation Security Administration agents to ease long security lines, major U.S. airports on Sunday…
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Exclusive: Anthropic ‘Mythos’ AI model representing ‘step change’ in power revealed in data leak
AI company Anthropic is developing and has begun testing with early access customers a new AI model more capable than…
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Starbucks CEO Brian Niccol admits the chain ‘ran like a manufacturing facility’
When Brian Niccol took over as CEO of Starbucks 18 months ago with the intention to return the company to…
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Trump despises wind farms so much he’s paying a French energy giant $1 billion to stop building them
Big Oil giant TotalEnergies will eliminate nearly $1 billion in offshore wind projects planned along the U.S. East Coast under…
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Musk misled Twitter investors before 2022 buyout, jury says
Elon Musk defrauded Twitter Inc. investors when he disparaged the company in 2022 in an effort to buy the social…
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McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy
McDonald’s is rolling out its cheapest value menu in years, a move that could speak more to the state of…
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US debt competes with record corporate bond supply, pushing up the cost of federal borrowing
The AI capital expenditure boom has created a gusher of corporate debt, forcing the Treasury Department to make its bonds…
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‘Peak war panic’ will likely hit markets in 1-3 weeks, as Trump balks at ceasefire deal
The S&P 500 is only down 3% so far this year and 5% off its all-time high, still far from…
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Asia rolls out 4-day weeks, work-from-home to solve fuel crisis caused by Iran war
Closed schools. Work-from-home demands. Price caps. Asia’s governments are scrambling to manage a fuel shortage caused by high oil prices…
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