AI Behind Over 50,000 Layoffs in 2025 at Top Tech Firms
📋 Key Facts ✓ AI was behind over 50,000 layoffs in 2025. ✓ World's biggest tech companies cited AI in layoff strategies. ...
Dec 21CNBCTechnology
📋 Key Facts ✓ AI was behind over 50,000 layoffs in 2025. ✓ World's biggest tech companies cited AI in layoff strategies. ...
Shortly before the US military launched an attack on Venezuela and captured President Nicolás Maduro , an account on Polymarket made some very suspiciously timed investments. The prediction mar...
Fed chair Jerome Powell Alex Wong/Getty Images Fed Chair Jerome Powell said the central bank has received grand jury subpoenas from the Justice Department. Economists, business leaders, and analysts a...
Matt Mawson/Getty Images Big US banks will begin reporting fourth-quarter earnings Tuesday, starting with JPMorgan. Dealmaking rebounded in 2025, intensifying competition between firms for transaction...
📋 Key Facts ✓ JPMorgan Chase is considering spot bitcoin trading and derivatives for institutional clients. ✓ Discussions are prelimina...
Andreas Halvorsen runs $55 billion Viking Global. Scott Olson/Getty Images Stuart Brown is stepping down as head of trading at $55 billion hedge fund Viking Global. Brown has worked at the hedge fund ...
GameStop CEO Ryan Cohen is in line to potentially earn $35 billion in stock options, so long as the company hits a $100 billion market cap. One way to hit that target is by cutting costs, and one way ...
Fashionphile's New York City flagship features 15,000 items ready to be resold — including hundreds of Hermès Birkins, which consistently pull a high ROI. Courtesy of Fashionphile Resale has tak...
📋 Key Facts ✓ JPMorgan is exploring crypto trading for institutional clients ✓ The move represents a significant deepening of ties to t...
📋 Key Facts ✓ Clarity Act delays triggered $952 million in weekly global crypto ETP outflows. ✓ Global crypto products recorded their f...
📋 Key Facts ✓ The FDA approved the first-ever GLP-1 pill on Monday. ✓ The pill was developed by Novo Nordisk, a Danish pharmaceutical g...
📋 Key Facts ✓ FDA approves first GLP-1 pill for obesity from Novo Nordisk ✓ Novo Nordisk is the maker of Wegovy ✓ ...
If you can afford this house you can probably afford a whole-home backup solution like the E10. | Image: Anker Homeowners in search of grid independence have another option today with the launch of An...
Meta says its $800 glasses are selling out quickly. Meta Meta says there's high demand for its Ray-Ban Display glasses, with waitlists extending into 2026. Meta said Tuesday that it's pausing on a wid...
Goldman Sachs CEO David Solomon attended the company's holiday market. Goldman Sachs It can be difficult for those working Wall Street hours to carve out time for gifting. Some rely on concierge servi...
Oscar Rachmansky Bryan Toro Oscar Rachmansky grew OS Group into a $40 million B2B sneaker wholesaler by 2025. OS Group thrived during market downturns by targeting inefficiencies in sneaker supply cha...
From left: Anthony Gutman, David Solomon, Jacqueline Arthur. Courtesy of Goldman Sachs 10 Goldman Sachs leaders shared their go-to book and podcast recommendations. Business Insider asked the CEO and ...
Japan’s economy is likely to fall behind India’s in 2026 to fifth place in the world, according to an International Monetary Fund’s estimate, potentially diminishing the East Asian nation’s presence o...
Crypto majors fell again yesterday as btc lost $90k; btc -2% at $89,900; eth -3% at $3,100, sol -3% at $134; xrp -7% to $2.08. Lit (+3%), wlfi (+3%) and xmr (+3%) led top movers. Zec fell 19% after th...
Arthur Johnson, a North Carolina high school teacher, attended an institute on democracy and capitalism amid Americans' declining views on capitalism over time. Jesse Barber for BI Pop quiz: The airli...