Author: News Room
US annual inflation accelerated more than expected, with the consumer price index rising 3.8% in April from a year ago. Economists expected a 3.7% increase, and it’s the highest inflation rate since 2023. Loading audio narration… CPI increased 0.6% from March, as expected, and was cooler than March’s 0.9% rise.The…
After nearly a decade as engineers at Instacart, Champ AI’s founders learned a painful lesson: scaling a company can mean drowning in back-office busywork. Now they’ve raised $8.5 million to build AI agents that automate the work of back-office operations teams.”We’ve seen firsthand how operations teams deal with lots of…
Three years ago, you were getting by on $60,000, and today, you’re earning $90,000. By every measure, you should be saving like crazy. You’re not. You moved into a nicer apartment. Replaced the car. Started getting groceries delivered. Added a few subscriptions. Started ordering DoorDash three nights a week instead…
The great wealth transfer is taking place, but it’s not landing in the pockets of the supposed heirs. Loading audio narration… Costly long-term elder care is putting a major dent in the trillions of dollars in wealth held by boomers that’s been earmarked for their Gen X and millennial children.Zach…
A few weeks ago, my husband went on a three-hour hike to a hill called Cruz Azul, above Guanajuato, the Mexican city where we live about half the year. When we left, we simply locked our door and started walking. We love that without getting into a car or a…
Looking to buy a cheap car? Good luck. Loading audio narration… Affordable vehicles — new or used — are becoming harder to find in American dealership lots, according to fresh data from online automotive marketplace CarGurus.In April, the average listing price for a new vehicle climbed to $50,400, up 1%…
NBC just announced that they are launching a new game show based on Wordle, the popular word puzzle from The New York Times. Long before it was heading for primetime, I delighted in the daily 5-letter puzzle while strategizing the best starting word — ocean, adieu, house — and hoping…
General Motors is laying off 500-600 information technology workers in Michigan and elsewhere to reorganize around different skills and reduce overlap, the company confirmed May 11. The IT roles include jobs across GM’s global operations, according to spokesman Kevin Kelly. But GM would not confirm other specific locations for the…
Amazon is expanding its 30-minute delivery service to dozens of U.S. cities, after first piloting the option in December. The Amazon Now service will be available to “millions” of customers by the end of the year, according to Amazon. The tech giant first tested Amazon Now in Seattle and Philadelphia.…
College students are walking off the graduation stage into a murky job market, where economic uncertainty and AI-driven changes have put some entry-level roles at risk. Loading audio narration… Their tech savviness could be an asset, though.”What this new graduate brings is a digitally native way to do problem-solving that…
