Multimillionaire serial entrepreneur cried the first time she made ‘real money’—but not in a good way: ‘Wealth doesn’t erase your problems. It magnifies them’
Many entrepreneurs dream of that moment when they know they’ve really “made it.” That might look like turning a profit for the first time, or seeing how their product or…
Jamie Dimon isn’t taking a recession off the table for 2026: ‘You don’t wish it because certain people will get hurt’
It would be reassuring for markets to hear Jamie Dimon, the leader of America’s biggest bank and a veteran of Wall Street, say he didn’t see a recession coming. Unfortunately,…
Why boomers keep winning in the housing market as ‘investors and second-home buyers’ continue to dominate
“After dominating some markets during the pandemic, large investor activity has retreated, giving way to smaller investors who more often use financing.” She warns that investor presence remains elevated, with…
America is ‘flirting with recession’ if tech investment slows, according to new modeling—but bubble risk is still smaller than dotcom era
There may be some divided opinion among economists about the trajectory of the U.S. economy, but one thing they can agree on is that the tech sector—namely its investment—has been…
New York Stock Exchange parent company invests $2 billion in Polymarket at $9 billion valuation
“Our partnership with ICE marks a major step in bringing prediction markets into the financial mainstream,” Shayne Coplan, founder and CEO of Polymarket, said in a statement.Proponents say these markets…
Legendary Apple designer Jony Ive wants to fix our relationship with the phones he helped create—and has up to 20 different OpenAI gadgets to do so
“When I said we have an uncomfortable relationship with our technology, I mean that’s the most obscene understatement,” Ive said while being interviewed by OpenAI CEO Sam Altman this week…
America’s air traffic controller shortage is even worse during the government shutdown—but job candidates can make $145,000 per year
The U.S. government shutdown is affecting the livelihood of thousands of air traffic controllers, as they’re expected to keep working without a paycheck. It’s led to major staffing shortages and…
Deloitte was caught using AI in $290,000 report to help the Australian government crack down on welfare after a researcher flagged hallucinations
Deloitte’s member firm in Australia will pay the government a partial refund for a $290,000 report that contained alleged AI-generated errors, including references to non-existent academic research papers and a…
Meet John Ternus, the 50-year-old former swimming champ rumored to succeed Tim Cook as Apple CEO
“Ternus stands out,” Gurman wrote in his latest report. “He’s charismatic and well-regarded by Apple loyalists and trusted by Cook, who has granted Ternus more responsibilities. The executive has emerged…
Holiday shopping will look different this year, Adobe predicts: AI-assisted purchasing will jump a staggering 520%
One of the biggest upticks from last year is in the concentration of spending around sales events. The five-day period including Thanksgiving, Black Friday, and Cyber Monday are expected to…
