When Nordstrom went private last year, the move was seen by industry analysts as a way to let the founding family make the changes needed to rejuvenate its sagging department…
The humble org chart isn’t usually blamed for holding back innovation. But as companies push their employees to adopt AI, LinkedIn executive Aneesh Raman thinks the relationships that structure most…
A year after firing thousands of probationary employees, the Trump administration indicated it needs more early-career workers to sustain the federal workforce. “We’ve got close to half of our population…
India imports nearly 90% of its crude oil—largely from Russia and the Middle East. With geopolitical trouble making both of those sources less reliable and leaving it vulnerable, the world’s…
Federal Reserve Chair Jerome Powell delivered a pointed message to the next generation of workers last week: Stop worrying about artificial intelligence and start learning how to use it. Speaking…
Fannie Mae and Freddie Mac, the two government-sponsored businesses designed to prop up mortgages, ripped on Monday after billionaire investor Bill Ackman told investors in a late Sunday X post…
There are an estimated 938 billionaires in the United States. To put that into context, that’s about two full Boeing 747s (each one holds 416 passengers). Or, that’s about half…
As of 8:30 a.m. Eastern Time today, oil sold for $111.10 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 16 cents lower than yesterday morning…
Good morning! It’s one of the biggest questions leaders are facing in the age of AI: How do you incentivize workers to actually use the tech that might replace them?…
Many corners of finance—stock exchanges, banks, and payments firms—are embracing digital assets, but the private credit industry has largely stayed away from the crypto craze. The startup Valinor aims to…