costs
As mortgage rates stay stubbornly high, President Donald Trump and his administration have floated a few ideas to help buyers afford a mortgage.Most notably, the president said he’s considering 50-year mortgages. Bill Pulte, head of the Federal Housing Finance Agency, said his team is also exploring ways buyers can lock…
A billion-dollar diabetes company that’s previously refused to write Ozempic prescriptions is now changing its tune — right as the drugs are about to get a lot cheaper.Omada Health, the chronic care startup that went public in June, said Thursday it would start prescribing GLP-1 medications for obesity. Until now,…
This as-told-to essay is based on a conversation with Vineet Mehra, chief marketing officer of Chime, a financial technology company. It’s been edited for length and clarity.Our first big use case in AI was in customer support. We get millions of calls every month from people wanting to know, “Hey,…
When Isaac Yuan started working in his uncle’s jewelry factory in Hong Kong two decades ago, gold cost around $400 per troy ounce.In October, the metal neared $4,400 an ounce. The 43-year-old, now cofounder of Eli J Fine Jewelry in Singapore, calls the latest surge the most dramatic he’s witnessed…
Amazon slashed 14,000 jobs this week — not to cut costs or chase AI, but because they didn’t fit the culture.That’s according to Amazon CEO Andy Jassy, who shared his thoughts about the layoffs for the first time during the company’s quarterly earnings call on Thursday.”The announcement that we made…
