A $400 million lawsuit against UBS is designed to punish banks who throw employees to the wolves
Prior to Hayes’ incarceration, he was a highly successful trader. According to the civil complaint, he was positioned to earn at least $5-10 million annually for years to come. His…
It’s not assault to throw a Subway sandwich at a border patrol agent, DC jury rules
A former Justice Department employee who threw a sandwich at a federal agent during President Donald Trump’s law enforcement surge in Washington was found not guilty of assault on Thursday…
Nasdaq 100 set for worst week since April meltdown
A risk-off week on Wall Street is drawing to a close, with some of the most-expensive areas of the market driving stocks lower while a renewed slide in crypto leaves…
EU considers weakening landmark AI Act amid pressure from Trump and U.S. tech giants, news report says
The European Union is considering watering down its flagship AI Act following backlash from Big Tech companies and the US government, according to a report in the Financial Times which…
Meet a 32-year-old who quit her job a year ago and is still looking after 700 applications and counting in the ‘low-hire, low-fire’ job market
When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position.…
Economists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the ‘K-shaped economy’
If you ask Mark Zandi, chief economist for Moody’s Analytics, this old-time religion got a new lease on life in the Reaganomics of the 1980s. “You really start to see…
Exclusive: Stripe-backed startup Tempo leads $25 million raise for crypto infrastructure firm Commonware
Patrick O’Grady, founder of Commonware, declined to name other participants in the fundraise for his startup, which develops open-source code to allow others to launch their own blockchains. O’Grady also…
Malaria isn’t just a health crisis — it’s an economic imperative
Most Americans will never experience malaria. That is a privilege. Even though malaria ranks among the most debilitating and deadly diseases globally, few Americans today have encountered it firsthand or…
Exclusive: Mercury, valued at $3.5 billion, clocks $650 million in 2025 annualized revenue
The fintech roller coaster—after a few years of barrel rolls and corkscrews—is on a solid upward swing, says Immad Akhund, fintech Mercury’s cofounder and CEO.“It’s been a real roller coaster,”…
Gen Alpha won’t ever have to write an email when they join the workforce, new research reveals—they’ll be sending voice notes to their boss instead
Spending hours typing away at emails, making sure the tone treads the right balance of not too blunt or too casual (or that you’ve not sent a single typo to…
