BUSINESS
-
Paramount, Netflix spur Wall Street race to win jumbo loan deals
In the space of less than a week, the bidding war for Warner Bros. Discovery Inc. has unleashed two multi-billion…
Read More » -
4 times in 7 seconds: Trump calls Somali immigrants ‘garbage’
He said it four times in seven seconds: Somali immigrants in the United States are “garbage.” It was no mistake.…
Read More » -
UN warns about AI becoming another ‘Great Divergence’ of rich and poor like Industrial Revolution
Behind the hoopla over the promise of artificial intelligence lay difficult realities, including how such technology might affect people already disadvantaged in…
Read More » -
Northwestern will pay Trump admin $75 million to settle antisemitism cases and restore research funding
Northwestern University has agreed to pay $75 million to the U.S. government in a deal with the Trump administration to…
Read More » -
‘Low-hire, low-fire’ economy grinds on as lower-than-expected jobless claims suggests layoffs aren’t spiking
The number of Americans applying for unemployment benefits declined last week in a sign that overall layoffs remain low, even…
Read More » -
Six-figure earners are ‘living the illusion of affluence’ while privately struggling
Even Americans earning six figures are feeling squeezed as the rising cost of living forces those in top income brackets…
Read More » -
South Korean banks offer baby bonuses, flexible schedules, and years-long sabbaticals while U.S. women leave the workforce in droves
Working women across the world continue to face wage inequality and a rollback in leadership representation—and the “motherhood penalty” makes…
Read More » -
FTC data confirms job offer text scams are 4 times more common now and have cost job seekers almost $300 million
Hello there! We are recruiters with a charming daily newsletter looking for qualified readers to earn $700,000 per crossword puzzle…
Read More » -
43-year-old democratic socialist who’s never held elected office unseats Seattle Mayor in another win for affordability politics
First-term Seattle Mayor Bruce Harrell conceded his reelection fight to progressive activist Katie Wilson on Thursday, handing another victory to…
Read More » -
Coinbase and stablecoin startup BVNK call off $2 billion acquisition
One of the largest deals ever for a stablecoin startup has fallen through. Coinbase and the U.K.-based BVNK have called…
Read More »