Wall Street CEOs Jamie Dimon, Jane Fraser, and David Solomon. AP Bank CEOs have praised the epochal efficiency changes promised by AI. But what does efficiency mean for employees? Does it mean fewer j...
On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company's credit cards since their launch in 2019 . Th...
For decades, German cars symbolized engineering perfection and economic power. Now, sales are down, as their key market, China, goes electric. India could fill some of that gap left by China, but it w...
Macy's plans to close stores over several years. kena betancur / AFP via Getty Images Nearly 300 US retail stores, including Macy's and Kroger locations, are set to close by the end of 2026. Major cha...
The new government in Prague wants to change the constitution to anchor the Czech crown as the country's legal tender and guarantee the right to use cash, not just cards. Why has it made this pledge, ...
📋 Key Facts ✓ Elliott Hill became Nike's CEO in October 2024 after retiring in 2020. ✓ Nike's revenue declined 10% year over ye...
Google cofounded Sergey Brin and Larry Page attended the Vanity Fair Oscar Party in 2007. Billy Farrell/Patrick McMullan via Getty Images T-Rex LLC, linked to Google founders Sergey Brin and Larry Pag...
📋 Key Facts ✓ Putting real-world assets onchain opens up new markets. ✓ Tokenization increases capital velocity. ✓ ...
Deal extricates the lender from one of the last businesses related to its ill-fated push into retail banking...
Tesla CEO Elon Musk ODD ANDERSEN/AFP via Getty Images Elon Musk appears to be feeling the joy this holiday season. The Tesla CEO posted to X that he's making an edit to the company's "mission word...
Palmer Luckey, Ro Khanna, and David Sacks have all posted on X about the wealth tax. Chip Somodevilla/Getty Images; Tom Williams/CQ-Roll Call, Inc via Getty Images; PATRICK T. FALLON/AFP via Getty Ima...
Vasyl Dolmatov/Getty Images Bonus season at the nation's largest banks is starting today, led by Morgan Stanley. Year-end bonuses are expected to be big and rise across almost every business line. Her...
📋 Key Facts ✓ Wendy Rogers, an Arizona state lawmaker, proposed two bills and one resolution. ✓ The proposals aim to allow Arizona vote...
The World Economic Forum says AI will reshape work by 2030 — and only one future avoids major worker displacement. APHOTOGRAFIA/Getty Images The WEF outlines four AI job futures for 2030, warnin...
If you're familiar with the world of components, it's no secret that GPU prices have been all over the place for a while now, and that likely will only increase in 2026. Rumors of NVIDIA cutting back ...
📋 Key Facts ✓ Arthur Hayes is the co-founder of BitMex. ✓ He thinks Bitcoin will range until the end of the year. ✓ ...
Angi, the parent company of Angie's List, is laying of around 350 people as it seeks to save money with AI. Donald King/AP Angi, the company formerly known as Angie's List , is cutting 350 jobs, it sa...
Italy on Wednesday said that an EU trade deal with South American bloc Mercosur could bring "enormous benefits", despite calling for a postponement of plans to seal the accord in December. On Friday, ...
C.J. Mahoney, Meta's new chief legal officer and a former Trump administration official. Tom Williams/CQ-Roll Call, Inc via Getty Images Meta hired C.J. Mahoney, a former Trump administration official...
Warner’s leadership has rebuffed Paramount’s overtures again and urged shareholders to back the sale of its streaming and studio business to Netflix for $72 billion. Warner expressed concerns that the...