Rich Passer will begin trading at his new firm with $50 million in assets. Mecox Capital Partners Mecox Capital Partners is a new $50 million hedge fund focused on options trading. Peter Borish, a fou...
Workers in six more states will see their minimum wages hit $15. Jeffrey Greenberg/Universal Images Group via Getty Images Nineteen states will raise their minimum wages in January, affecting over 8 m...
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...
Nvidia CEO Jensen Huang said he is "perfectly fine" with California's proposed billionaire wealth tax. Patrick T. Fallon / AFP via Getty Images Nvidia CEO Jensen Huang said he is "perfectl...
You might want to jump on a PC upgrade sooner than later. Prices of prebuilts are expected to go up this year because of the inflated demand for DDR5 RAM and production cuts on Nvidia's graphics cards...
California-based Grocery Outlet has opened more stores in the Eastern US over the past few years. Alex Bitter/BI Grocery Outlet is opening new stores, especially in the Eastern US. The chain touts its...
AI pioneer Geoffrey Hinton Pontus Lundahl/TT News Agency/AFP via Getty Images The "godfather of AI" says AI could trigger a new wave of job losses in 2026. "We're going to see AI get even ...
Nvidia CEO Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia's $20 billion Groq deal signals an important shift in the AI market. AI workloads are moving from model training to real-time in...
A strong economy doesn't mean good news for job seekers this time around. Spencer Platt/Getty Images The US economy looks strong, but job growth remains slow — creating a "jobless boom."...
White House AI and crypto czar David O. Sacks speaks with President Donald J Trump before he signs an executive order about pediatric cancer research and artificial intelligence, in the Oval Office at...
US bankruptcies are on the rise. doockie/Getty Images From corporate giants to mom-and-pop shops, bankruptcies are piling up across the US this year. Large corporate bankruptcies have hit their highes...
Ivan Rodriguez Alba/Getty Images TikTokers have been debating two jobs: $120,000 for fully virtual work, or $240,000 for five days in-person. The debate between virtual, in-person, and hybrid work rag...
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...
The short-term outlook doesn't bode well with regards to GPU pricing. PCMag and other outlets have reported that Nvidia may cut back production on its consumer graphics cards by up to 30%-40% due to t...
Ride-hailing drivers face increased competition for earnings as well as the growth of driverless taxis. Sebastian Gollnow/picture alliance via Getty Images Gig workers have been facing declining earni...
Getty Images; Angle Bush; Moonvalley; Rebecca Zisser/BI Since OpenAI launched ChatGPT in November 2022, the AI sector has undergone a significant transformation. Model capabilities have advanced, agen...
Paramount Skydance, Warner Bros. Discovery, and Netflix have very different approaches to remote work. John Lamparski/Getty Images; Dania Maxwell / Los Angeles Times via Getty Images; Beata Zawrzel/Nu...
President Donald Trump speaks at a podium about his January 3rd raid on Venezuela. Pete Hegseth, Marco Rubio, and Stephen Miller stand behind him. Jim WATSON / AFP via Getty Images Donald Trump on Sat...
Delivering food or driving passengers for Uber isn't the only type of gig work anymore. PIROSCHKA VAN DE WOUW/REUTERS Gig work has never been more widespread — and more challenging. Over the pas...
Jensen Huang, Jeff Bezos, and Mary Barra all started far from the top. Getty Images Many of the world's most powerful business leaders began their careers in more humble ways. From Jensen Huang workin...