New York Mets owner Steve Cohen has diversified his asset manager. Rich Storry/Getty Images James Malick, Point72's chief strategy officer, recently departed the hedge fund. Malick joined in 2023 afte...
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...
Christmas shoppers browse in Aritzia on December 24, 2025 in New York City. Jeremy Weine/Getty Images Canadian fashion retailer Aritzia has enjoyed considerable success in recent years. 2025 was the y...
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...
Sephora uses AI to recommend skincare products. Smith Collection/Gado/Getty Images Major retailers, such as Walmart and Target, are integrating AI into their shopping experiences. Retailers have partn...
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...
Recent surveys suggest older Americans plan to unretire in 2026 or fear they may have to down the line. Kittipong Udomsom/Getty Images More older Americans are returning to work due to financial insec...
Trump said the US could reimburse American oil companies for expanding operations in Venezuela. Doug Mills/The New York Times/Getty Images Trump said the US may reimburse oil firms for expanding opera...
Dillon Lawson-Johnston and Criswell Fiordalis see opportunity to invest at the intersection of Hollywood and creators. Guggenheim Brothers Media Guggenheim Brothers Media and a UAE firm have created a...
Tesla's sales fell in the fourth quarter of 2025 , as rising competition and the expiration of the federal EV tax credit continued to sap the company's global ambitions. The numbers were a lot worse t...
GameStop is closing hundreds of stores just days into the new year as CEO Ryan Cohen aims to take home $35 billion in performance-based stock options. Reports the gaming and pop-culture retailer would...
Miles Guo in his NYC apartment in 2017 TIMOTHY A. CLARY/AFP via Getty Images Miles Guo's homes, luxury cars, and private jets are being sold off in bankruptcy court. The former billionaire, meanwhile,...
Shlomo Kramer runs cybersecurity company Cato Networks. Shlomo Kramer Cato Networks CEO Shlomo Kramer says we're experiencing an AI bubble. Kramer said the level of investment and AI-driven profit imp...
Avelo Airlines has faced backlash for its decision to operate deportation flights for the Trump Administration. Roy De La Cruz/SOPA Images/LightRocket via Getty Images Avelo Airlines started operating...
Venezuela underwent major economic and social changes in the mid-20th century. Jack Manning/Getty Images Venezuela, home to the world's largest oil reserves, was once among the world's richest nations...
Smartphone prices are expected to increase in 2026 due to RAM shortage caused by AI boom. PixelsEffect/Getty Images Smartphone prices may rise in 2026 due to increased demand for RAM in AI data center...
Brian Moynihan, Chairman and CEO of Bank of America Anna Moneymaker/Getty Images President Donald Trump's trade push is de-escalating after months of tariff turmoil, BofA CEO Brian Moynihan said. Tari...
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...
ValentynVolkov/Getty Images Separately managed accounts in the hedge fund industry boomed in 2025. Insiders say demand will only accelerate the trend in 2025. Emerging managers face challenges from ta...
Ron Telemarque Ron Telemarque Ron Telemarque had 11 days to decide: accept severance or return to the office full time. He shared how he decided whether to stay at Paramount — and whether he reg...