Butchered jobs and inflation data add fuel to the fire of uncertainty already blazing in the markets
Europe was down in early trading Friday, most notably London’s FTSE 100 and Madrid’s IBEX 35, which dropped by more than 1% apiece. Germany’s DAX also dropped 0.79%. In Asia,…
In the age of AI, CEOs quietly signal that layoffs are a badge of honor
Good morning. The wave of layoff announcements over the past few weeks is telling us something, most importantly, something that isn’t as easily measured as the number of jobs eliminated.…
Ex-Meta exec says Mark Zuckerberg taught him a lesson in work-life balance: Now he has strict rules for meetings and emails at his $1 billion tax firm
When Martin Ott joined Facebook to lead its Northern and Central Europe operations as MD in 2012, the company was pre-IPO, pivoting from desktop to mobile phones, and had just…
Your electric bill has replaced the price at the pump as the hot-button, political bellwether
Soaring electric and utility bills nationwide are the new political bellwether for consumers heading into a pivotal 2026 midterm election cycle for the first time in recent history, replacing the…
Czech central bank buys $1 million in Bitcoin and other cryptocurrencies
“The aim was to test decentralised Bitcoin from the central bank’s perspective and to evaluate its potential role in diversifying our reserves,” said CNB Governor Aleš Michl in a statement.The…
Palantir CEO slams ‘parasitic’ critics calling the tech a surveillance tool: ‘Not only is patriotism right, patriotism will make you rich’
Karp’s message: They were wrong then, they’re wrong now, and they’ve cost everyday Americans real money.“How often have you been right in the past?” Karp said when asked why some…
Palantir CEO Alex Karp says this type of prestigious college grad is doomed. People with expert knowledge will ‘make a lot more money’
In this shaky labor market, Karp says he believes Ivy League degree-holders won’t always be the ones achieving greatness. Instead, it’ll be those who have specific domain knowledge—those who ask…
Crypto startup Seismic raises $10 million to help fintechs protect customer data
As more and more fintech companies use crypto, they face one big challenge: blockchains are public. This creates a risk that customers’ sensitive financial data, like their salaries, or how…
DINKs may flaunt their financial freedoms online—but they actually have less wealth than couples with kids
Meanwhile all the parents are dealing with meltdowns 🤷🏼♀️When you zoom out to total wealth, which includes savings, investments, retirement accounts, and debt, the gap widens: DINKs have $214,700 in…
Economist behind K-shaped economy sees a ‘sea of despair’ for the bottom 90% and a ‘crisis of confidence’ in the American dream
“They’re missing the feelings aspect to it,” Atwater told Fortune. “They’re missing what motivates us to act isn’t the economy, but our feelings about the economy. “What we have today is…
