Memorial Day is a U.S. holiday that is officially about mourning the nation’s fallen service members, but it has come to signal the unofficial start of summer and a long weekend of travel and discounts on anything from mattresses to lawn mowers. Here is…
Pope Leo XIV called Monday for robust regulation of artificial intelligence and for its developers to work for the common good rather than profit, issuing a sweeping manifesto on safeguarding humankind as the technology impacts everything from work to war. “Magnifica…
After three terms in the U.S. House and two unsuccessful campaigns for the U.S. Senate, Colin Allred said he’s heard plenty about voters’ suspicions that politicians are just trying to make a buck in Washington. “’What about the stock trading in Congress?…
There are two phrases that have reliably marked every great financial bubble in modern history. The first is “this time is different” — what Sir John Templeton called “among the four most costly words in the annals of investing,” the…
While it may feel as if successful people are leaps and bounds ahead of the rest of us, people who have made major career or business accomplishments have also been in the trenches. In fact, management guru Simon Sinek said…
His name is Antonio Gracias, a handsome private equity investor from Detroit. The two met through the Silicon Valley web at the turn of the century, and soon Gracias—at 55, just one year older than Musk—lent Musk $1 million in…
Huawei Technologies Co. said it has come up with a new pathway to shorten its gap with industry leader Taiwan Semiconductor Manufacturing Co., potentially achieving a breakthrough in making advanced semiconductors without cutting-edge equipment. Right now there is about a…
Employers are shifting their hiring requirements in the AI era; while some are seeking vibe coding and prompting skills, others are doubling down on human intuition and empathy. Becky Schmitt, the chief people officer at PepsiCo, says the legacy brand…
As an insurance industry veteran, I’ve had a front row seat to watch many insurtechs adopt growth assumptions borrowed from industries where scale eventually delivers profitability. Insurance doesn’t work that way. Overseeing a $100m turnaround taught me how businesses are…
In 1974, New York Times humorist Russell Baker identified a “pig in the python” working its way through the economy: the bulge of 76 million Baby Boomers squeezing through America’s economic system, distorting everything they passed through. When Boomers flooded…