Markets
My husband is LL Cool J. Starting a jewelry business gave me a purpose that’s all mine.
This as-told-to essay is based on a conversation with Simone I. Smith, founder of Simone I. Smith Jewelry. It has been edited for length and clarity. Earlier this year, I spoke with middle schoolers at the same Queens school that I grew up attending. A lot has changed since I attended that school…
An airline passenger almost got sucked out of the plane. A new report shows how it happened.
Investigators released their first report on Thursday into how a Ryanair passenger ended up partially sucked out of a plane window. The National Transportation Safety Board’s preliminary report found that a fan blade broke off from the right engine, and engine fragments damaged the fuselage and…
My partner owns the house we live in. At first, I was nervous about money — and about what would happen if we broke up.
“I never want to own a house.” That’s what I had said, confidently, for years. After growing up assuming I’d own a house one day, I realized, like most millennials, I might never be able to comfortably afford one. I decided to be at peace with it and leaned in. No giant repair bills, no
I spent $2,700 flying around the world just to keep my airline status. I got stuck in Qatar and ran out of clothes, but it was worth it.
I flew more than 100,000 miles last year for my job as an aviation content creator, making airports and airplanes feel almost like a second home. After that much time in the air, a comfortable seat and a quiet airport lounge aren’t just loyalty perks; they make my exhausting travel schedules far…
Burger King revamped its playbook. It’s working.
The burger wars are heating up. Burger King’s second-quarter US same-store sales jumped 8.5%, while McDonald’s growth lagged at 0.8% and Wendy’s went backward, falling 7%. It’s not just a win for Burger King’s new strategy (more on that in a bit). It shows the burger wars are alive and well, writes…
‘Big Short’ Michael Burry says the bulletproof AI narrative reminds him of the dot-com and housing bubbles
Michael Burry says the seemingly unassailable positivity around AI reminds him of the dot-com and housing bubbles — and warns the mania could have far more devastating consequences than Enron’s collapse. A subscriber to Burry’s Substack told him in a chat thread this week that it felt like “we are…
Job-finding rates have fallen the most for America’s most reliably-employed workers
It used to be that if you’re the type of person who always has a job, you’re the type of person who can always find a job. But a new analysis of job-finding rates complicates that picture. The study from the Federal Reserve Bank of Richmond examines three types of workers and how they’ve fared
AI agents tried to sabotage and disable each other when given the same task, Anthropic said
Turns out, AI agents may not be great team players. In Anthropic’s new research, published on Thursday, the AI lab said that AI agents being given the same task but with incompatible goals often threw a wrench in each other’s work on purpose. In the test, each AI model was given a software…
Magic Johnson says why he once ditched his millionaire teammates to talk to a ‘super super billionaire’
Magic Johnson knows a thing or two about making the leap from sports to business. Speaking to Anthony Anderson, who guest-hosted “Jimmy Kimmel Live” on Tuesday, the former NBA player shared the advice he’d give others looking to break into the business world. “The first thing, take your ego out of…
Garry Tan says turning down Peter Thiel’s early offer to join Palantir was a $2-4 billion ‘mistake’
Garry Tan was employee No. 10 at Palantir. He regrets that it wasn’t single digits. On “The A16z Show,” the Y Combinator CEO said that he was offered a place on the company’s founding team — but he turned it down to stay at Microsoft. Tan was in Stanford University’s Phi Kappa Psi fraternity. His…