As the Colorado River and its once massive reservoirs shrink from overuse and climate change, officials…
Category: Finance News
S&P 500 sets all-time high, welcomes another company to $1 trillion market cap club
The U.S. stock market rose to records Tuesday as it caught up with climbs for others around…
Robinhood launches agentic trading and agentic credit card payments
In the latest sign of AI’s growing footprint in online commerce, Robinhood announced on Wednesday that…
Jobs giving out pay raises are in construction, mining, and public administration, says New York Fed
With Iran negotiations being the key concern of markets at the moment, though without much information…
Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs
The CFO job in Big Tech used to be defined largely by margins, operating leverage, and…
This is no way to treat our Swiss friends
The Trump administration is preparing to investigate Switzerland under Section 301 — the same trade enforcement…
With a backlash growing, politicians from the White House to the Capitol pivot to AI regulation
Hello and welcome to Eye on AI. In this edition…momentum builds for U.S. AI regulation…Musk loses…
Like Bill Gates, this billionaire is capping his kids’ inheritance at 8 figures
Dylan Taylor made his first million at 27. Last year, he became a billionaire at 53,…
Headcount at the world’s largest real estate brokerage is shrinking, and two lawsuits claiming sexual assaults inside the company may offer clues as to why
eXp Realty founder Glenn Sanford built the largest independent real estate brokerage in the world, with…
iRobot cofounder Colin Angle: Roomba-maker’s biggest reason for failure was Chinese competitors
After Roomba-maker iRobot filed for Chapter 11 bankruptcy last week, cofounder and former CEO Colin Angle…
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
For roughly 76 million American households, federal income taxes could eventually disappear—if a proposal by billionaire…
Graham Platner runs controversial ad during Red Sox game vowing to ‘reverse the private equity curse’
Graham Platner, Maine’s presumptive Democratic Senate nominee, began Memorial Day weekend by releasing an ad on…
Trump spent 3 hours at Walter Reed. he claims ‘everything checked out PERFECTLY’
The 79-year-old president spent more than three hours at Walter Reed National Military Medical Center for…
Billionaire Mark Cuban says bye-bye Bitcoin: Why he is ‘disappointed’ by crypto
For years, Mark Cuban was one of crypto’s most high profile evangelists. After overcoming his initial…
Sam Altman and Dario Amodei are both walking back AI jobs apocalypse predictions as they eye IPOs
Two of the most influential CEOs in tech spent the last year warning that AI would…
Uber drivers in Massachusetts just pulled off the biggest labor win since 1941 — just before the robots arrive
Drivers for ride-hailing apps such as Uber and Lyft in Massachusetts became the first in the nation Tuesday…
Jensen Huang says parents shouldn’t worry about what their kids study as China cuts non-AI degrees
Nvidia CEO Jensen Huang may have studied engineering, but he says it won’t matter what your…
Critics say Pope Leo’s ‘AI encyclical’ fails to grapple with AI’s real challenges
Hello and welcome to Eye on AI. In this edition…The Pope takes on AI…Microsoft becomes the…
Goldman Sachs just ran some ugly numbers on the SaaSPocalypse—and identified a major shift
Wall Street has been debating the SaaSPocalypse for months, if not years. Goldman Sachs studied how…
Standard Chartered CEO apologizes for calling some workers ‘lower value human capital’ in AI push
The baby boomer bank leader took to LinkedIn to admit that his words had unnerved some…
How $580,000 hidden under a sofa cushion became a constitutional crisis in South Africa
The leader of Africa’s most developed economy faces impeachment proceedings over a scandal from years ago involving around $580,000…