Jamie Dimon says AI will let people work 3.5 days a week
The rapid advancement of artificial intelligence will cut the work week to three-and-a-half days, enable people to live to 100, and make cancer a thing...
Billionaire investor Bill Ackman would consider deal with Elon Musk’s X: report
Billionaire investor Bill Ackman said in an interview with the Wall Street Journal on Sunday that he would consider a transaction with Elon Musk’s X,...
Recent NYC retail leasing scene fuels skepticism despite luxury retail leasing boom
The retail leasing scene not including restaurants is such a mixed picture that it’s hard to make easy generalizations. To brokers’ and analysts’ frequent annoyance,...
CBRE survey finds ‘observably livelier’ streets in Downtown and Midtown due to restaurant boom
Scores of new restaurant leases are “restoring vibrancy” to midtown and downtown, according to a new CBRE survey. Citing “observably livelier” streets over the summer, the...
McDonald’s sued after hot coffee leaves elderly woman with ‘severe burns,’ echoing famous ’90s case
An elderly woman in California is suing McDonald’s over a hot coffee spill that’s reminiscent of the 1992 incident that made national headlines. Mabel Childress, a woman...
Goldman Sachs in talks to sell GreenSky to investment group at steep loss: report
Goldman Sachs is reportedly in advanced talks to dump money-losing fintech unit GreenSky at a significant loss — after embattled CEO David Solomon paid more...
Stanford University to return millions in donations from FTX
Stanford University reportedly plans to return the millions of dollars it received in charitable contributions from Sam Bankman-Fried’s crypto firm FTX before its spectacular collapse....
Fed holds interest rates steady, another hike this year possible
Federal Reserve officials held interest rates steady on Wednesday after two days of debate on the highly anticipated decision — but signaled that another hike...
Biden DOJ ‘investigating Elon Musk, Tesla over secret glass house project’
The Justice Department has reportedly expanded an investigation into Tesla CEO Elon Musk to determine whether the company failed to disclose personal benefits that were...
Florida’s Linda Chaney proposes rollback to child labor laws
A Florida lawmaker is pushing to lift restrictions on the number of hours teens can work, which could see16- and 17-year-olds working overnight shifts —...