Finance
Watch collectors might want to skip the Rolex boutique and head straight for the pawn shop this year.That is, if the Trump administration’s new 39% tariff on goods from Switzerland sticks.The White House released updated tariff plans on Thursday, raising the rate from the proposed 31% announced earlier this year.…
Summer internships on Wall Street are coming to a close, which means college students who toiled late at the desk for weeks trying to impress the boss will soon know whether it worked.The number of investment banking interns who are invited to return after graduation to work full-time varies by…
If you think you’re moving fast and breaking things, you haven’t met Jake Adler, who poured his actual blood into his startup.Adler, the founder of Pilgrim, a biotech and defense startup building medical devices for the battlefield, tested his flagship product — a hemostatic dressing he calls Kingsfoil — by…
In November, I traded the hustle and bustle of city life in Newark, New Jersey, for the tropical climate and beautiful beaches of Tulum, Mexico. I’ve never been happier.Even though I’ve lived here for less than a year, I don’t think I’ll ever move back to the US — but…
2025-08-01T17:33:41Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
Big Tech’s AI spending bonanza isn’t slowing down anytime soon.On quarterly earnings calls with investors this week, Amazon, Microsoft, Google, and Meta all raised capex guidance for the year as the AI race intensifies.The level of investment represents a dramatic spike in spending in a short period of time. Amazon…
This as-told-to essay is based on a conversation with Samantha Stobo, a 32-year-old who lives in Miami with her mom. It has been edited for length and clarity.When your life feels like it’s falling apart, it might actually be coming together. I was in a bad place in 2022, but…
Following a disappointing jobs report on Friday, President Donald Trump said he plans to fire the Bureau of Labor Statistics commissioner.Dr. Erika McEntarfer was appointed to the BLS in January 2024 by former President Joe Biden.”We need accurate Jobs Numbers. I have directed my Team to fire this Biden Political…
Sharon Stone has been asked to play the villain so many times in her career that she’s lost count.But she gets it. Her most famous role, playing the ice-pick-wielding seductress Catherine Tramell in the 1992 sensation “Basic Instinct,” turned her from a 1980s B-movie starlet into an international sex symbol,…
In a major blow to Tesla, a Florida federal jury on Friday found Elon Musk’s electric car company partly to blame for a 2019 crash that left a 22-year-old woman dead and her boyfriend seriously injured.The jury sided with the plaintiffs, awarding the family of Naibel Benavides Leon and her…
