BUSINESS

An MIT economist reveals how Silicon Valley firms are using AI as a cover for mass layoffs, reshaping the workforce narrative to protect stock prices and justify redundancies.

The Trump Accounts app launches, offering $1,000 in seed money for children's savings accounts, aiming to modernise financial planning with government-backed incentives and fintech integration.

Berkshire Hathaway acquires Taylor Morrison for $8.5 billion, marking a strategic expansion in the housing market under Greg Abel's leadership. The deal transitions Taylor Morrison to private ownership.

Russian President Putin warns of AI's impact on jobs, stressing the need for economic adaptation and growth at the Eurasian Economic Forum.

Major US tech firms face negative returns on AI investments by 2030, with only Amazon showing positive outcomes.

The top side hustles of 2026—faceless YouTube, bookkeeping, car sharing, and digital products—earn over $2,000/month without on-camera work or commuting.

Senator Bernie Sanders highlights AI's impact on jobs and calls for technology that benefits all, not just billionaires, emphasizing the need for meaningful work in an AI-driven future.

Unrestricted AI use can lead to unexpected costs for companies. Learn strategies to set boundaries and monitor AI, balancing benefits with financial risks.

As the housing market slows, many US real estate agents are turning to teaching, retail and side jobs for extra income, underscoring the industry's growing financial strain.

Natural diamond prices have plummeted due to the rise of lab-grown alternatives, which now dominate the engagement ring market, offering cost-effective and customisable options for couples

Snowflake shares jumped nearly 40% after the cloud data company beat quarterly forecasts, raised guidance and deepened a $6 billion AI-focused partnership with Amazon Web Services.

A recent analysis shows that 40% of UK startups launched since 2021 have failed, highlighting significant challenges in the entrepreneurial landscape amid rising costs and economic pressures.

The challenge of homeownership in the US is that rising wages lag behind soaring property prices. Discover which Midwest cities offer affordable options amid the national crisis.

The Los Angeles Lakers have laid off at least 15 employees as new owner Mark Walter restructures the team, shifting from a family-run model to a corporate, data-driven approach.

Greg Lindberg, a self-proclaimed billionaire, was sentenced to 12 years for diverting $2 billion in one of the largest insurance frauds and attempting bribery. Learn how policyholders were affected.

China's rapid advancements in electric vehicles and automotive technology are challenging Western and Japanese carmakers, reshaping the global automotive industry and sparking a race for technological dominance.

HealthSplash CEO Brett Blackman was convicted of orchestrating a $1 billion Medicare fraud scheme, involving false prescriptions and illegal kickbacks, targeting vulnerable senior citizens.