Finance
Ukraine’s front lines are unforgivingly brutal, and soldiers are often injured or killed just rotating in and out of their own trench systems, a Western commander leading a training program for Ukrainian soldiers told Business Insider.”We hear that Ukrainian forces take quite a few casualties infiltrating and exfiltrating out of…
Mark Spitznagel says the AI boom likely has further to run, but a monumental crash is coming.The founder and chief of Universa Investments, a “Black Swan” fund that aims to win big from catastrophes, shared his stock-market outlook and reflected on his investing style in a recent interview with Business…
Zohran Mamdani is celebrating Labor Day in a fitting way: Setting up a new city office to work more closely with unions and workers across NYC.The New York City mayor is launching an Office of Worker Power, which the administration says will be a resource for labor unions and local…
The next popular EV might come with a gas engine.Several car brands, including Hyundai, Genesis, Ram, Jeep, Ford, and Volkswagen-backed Scout Motors, have announced plans to build extended-range electric vehicles, or EREVs, by the end of 2028.It’s a growing industry bet. After years of lower-than-expected EV adoption, and as gas…
City governments have felt the heat to drop their contracts with Flock Safety. Now, retail giants are feeling it too.As the backlash against Flock’s security products continues, critics are targeting retail stores that have known partnerships with the company.”There is simply no need for Ulta Beauty to be one of…
Astana is more than 6,000 miles from Silicon Valley, but some of tech’s biggest names are bullish on the Kazakh capital.On Sunday, former Coinbase tech chief and Andreessen Horowitz partner Balaji Srinivasan said that his live-in startup community has officially opened in Kazakhstan, in another vote of confidence for the…
Days after releasing a new, highly capable model, OpenAI’s chief scientist is calling for a slowdown.In a lengthy blog post on Sunday, Jakub Pachocki said he was concerned that “no one is prepared for the consequences of a continued rapid rise in machine intelligence.”He said that although OpenAI is pursuing…
The biggest video game makers don’t want to give you back your loot.When President Donald Trump imposed sweeping tariffs by executive order last year, Sony, Microsoft, and Nintendo all raised their prices, passing those increased costs onto their customers. At the time, the companies said the price hikes were due…
As the summer crowds slowly begin to fade and the trees turn fiery shades of red, orange, and yellow, fall in New England has officially begun. It’s time for sweater weather, pumpkin spice, and apple orchards.Being from Rhode Island myself, I know many people think the Ocean State is most…
When Lukas Jannick’s parents heard how much he was spending on coffee in New York City, they bought and sent a coffee machine straight to his house.”I told them it’s $5.69, and they were shocked,” he said. “Now I’m not spending any money on coffee.”The 23-year-old Dutchman moved to NYC…
