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JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum discussed how reduced interest ...

Jan 13Business InsidereconomicsImpact

Advice from 6 quant executives on succeeding in systematic trading — and in life

Geoffrey Lauprete is the head of Cubist Systematic Strategies. Jeff Yass founded proprietary trading firm Susquehanna International Group. Cubist; Susquehanna Competition for top quant talent has neve...

1dBusiness InsidereconomicsImpact

I quit my $390K tech job to start my own business. I still question my decision, but this is the first time in years I've woken up excited for life.

Shiyao Tang says she spent 5 months planning her exit from her $390K job. Shiyao Tang Shiyao Tang quit her $390,000 job at DoorDash to build Soir Si, a silk womenswear brand. Tang says she spent 5 mon...

2dBusiness InsiderlifestyleImpact

Bitcoin, Solana Break Below Key Price Support: Here’s What the Charts Are Saying

Bitcoin and Solana have both fallen out of what traders call a "golden cross"—and hard. Prediction market traders are shifting their bets, with bullish sentiment fading fast....

10hDecryptcryptocurrencyImpact

Claude Code is the ChatGPT moment repeated and awful news for software stocks

Article URL: https://sherwood.news/markets/how-claude-code-is-the-chatgpt-moment-repeated-and-why-thats-awful-news-for/ Comments URL: https://news.ycombinator.com/item?id=46693021 Points: 5 # Comments...

16hHacker NewsTechnologyImpact

How tech titans prospered in the first year of Trump’s return to power

Silicon Valley bosses who lined up behind the US president for his inauguration have fared well under his administration...

1dFinancial TimesPoliticsImpact

A look at the EU's 'Anti-Coercion Instrument' amid Greenland dispute with US

Trump on Saturday threatened to impose more tariffs on eight European nations until the US is allowed to buy Greenland, citing US national security concerns. EU governments are drawing up retaliatory ...

1dFrance 24PoliticsImpact

Hong Kong needs to ask the hard questions about its net-zero challenge

Net-zero commitments are now commonplace across Hong Kong’s property sector. Many major developers have announced targets for 2030 and 2050, often framed around energy efficiency, renewable energy and...

4dSouth China Morning PostenvironmentImpact

Ukraine targets the ships Russia uses to beat US sanctions on its oil

As Ukraine expands its attacks on Russia's oil and gas, a look at the effectiveness of the strategy...

5dAl JazeeraPoliticsImpact

The Atlantic, Penske, and Vox Media have all sued Google for antitrust violations

Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case . Vox Media, The Verge's parent company, is the latest in a w...

6dThe VergeeconomicsImpact

Why AI is becoming the hottest cost-cutting tool in corporate legal departments

Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...

6dBusiness InsiderTechnology

ETH’s back at $3.2K: Will traders flip the level from resistance to support?

Ethereum remains the leader in total value locked, but declining usage and economic uncertainty in the United States may hinder a rally to $4,000....

Jan 13CoinTelegraphcryptocurrencyImpact

WATCH: What to know about the DOJ's criminal probe into Fed Chair Powell

The Justice Department investigation into Federal Reserve Chairman Jerome Powell is sparking backlash and spotlighting the clash between the White House and the Federal Reserve Chair....

Jan 13ABC NewseconomicsImpact

Student-loan borrowers behind on payments now have more time to figure out a plan — and protect their tax refunds

Some student-loan borrowers are at risk of having their tax refunds seized this year. Allison Robbert/For The Washington Post via Getty Images The Education Department temporarily paused seizure of ta...

2dBusiness InsidereconomicsImpact

Tesla's EV market share soars in the US as rivals struggle without government help

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...

Jan 13Business InsidereconomicsImpact

I'm a Princeton-educated engineer, but I left the corporate world to pursue a better work-life balance. Doing so helped me become a millionaire by 30.

Luisa Zhou's parents taught her the importance of working hard. Courtesy of Luisa Zhou Luisa Zhou's immigrant parents taught her to work hard and seek security. She ran out of paid time off after help...

1dBusiness InsiderlifestyleImpact

I compared Costco shopping carts of Kirkland Signature products and brand names. The price differences surprised me.

Major retailers typically have several in-house brands. Costco just has one: Kirkland Signature. Kevin Carter/Getty Images Costco sells a lot of brand-name goods at a lower unit price than typical ret...

3dBusiness InsidereconomicsImpact

A Las Vegas strip club says it's gotten a surge of auditions from laid-off hospitality workers

Las Vegas saw a decline in visitors last year. Westend61/Getty Images Crazy Horse 3 in Vegas said it's seen a 55% increase in dancer auditions, including first-timers. Las Vegas tourism declined last ...

3dBusiness InsidereconomicsImpact

I thought I needed to hit a magic number to retire comfortably. Getting laid off at 58 changed my thinking.

The author was laid off at age 58. Courtesy of the author Getting laid off at 58 forced me to confront what retiring comfortably really means. Chasing a "magic number" for retirement kept me w...

15hBusiness InsidereconomicsImpact

Map shows how the rich and powerful are descending on Davos by private jet

Private jets from dozens of different countries arrived near Davos on Monday. Pete Syme/Business Insider Business Insider tracked private jets landing near Davos on the first day of the WEF annual mee...

18hBusiness InsidereconomicsImpact
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