Larry Fink says there is the “opposite” of an AI bubble and the world is not “moving fast enough” on AI infrastructure

Larry Fink says there is the “opposite” of an AI bubble and the world is not “moving fast enough” on AI infrastructure

Some people say that artificial intelligence has gone too far. For example, AI can now create realistic images and audio known as “deepfakes” that mislead audiences, chatbots can store information from “conversations” with users (1), and 80% of Gen Zers surveyed reported they would marry an AI (2). Must read But Larry Fink, billionaire CEO…

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Oracle laid off up to 30,000 workers via email after a 95% increase in profits. Technology companies eliminate almost 1,000 jobs a day

Oracle laid off up to 30,000 workers via email after a 95% increase in profits. Technology companies eliminate almost 1,000 jobs a day

At first it sounded like a cruel joke from early April Fools’ Day. But in reality, tech giant Oracle allegedly sent an email to workers at 6 a.m. on March 31 to deliver digital layoff notices (1). “We are sharing some difficult news regarding your position,” the email sent to staff and reviewed by Insider…

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White-collar workers are now taking pay cuts as employers start to get picky: Why the U.S. labor market may not be doing well

White-collar workers are now taking pay cuts as employers start to get picky: Why the U.S. labor market may not be doing well

At first glance, the US labor market appears healthy. According to the Bureau of Labor Statistics (BLS), the unemployment rate stands at 4.4%, a low level compared to historical standards (1.2). But behind that figure, a more worrying picture is forming for white-collar workers. And if you are currently employed, it is worth paying attention…

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Three Mistakes Grant Cardone Says Many House Hunters Are Making Due to the “Wrong Attitude” and How They Derail Success

Three Mistakes Grant Cardone Says Many House Hunters Are Making Due to the “Wrong Attitude” and How They Derail Success

With mortgage rates hovering around 6% and home prices rising roughly 50% in many markets since 2020, many potential homebuyers feel stuck on the sidelines. Real estate investor Grant Cardone believes that is precisely the problem, and that the biggest obstacle is not the market itself, but how buyers think about it. In a recent…

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YouTube star MrBeast plans financial ‘education’ channel as he expands into banking, raising conflict concerns

YouTube star MrBeast plans financial ‘education’ channel as he expands into banking, raising conflict concerns

YouTube megastar Jimmy “MrBeast” Donaldson has built an empire off of viral stunts and massive cash donations. Now, according to Business Insider, he plans to launch a YouTube channel focused on financial education, to teach his hundreds of millions of followers about investing and topics such as what Roth IRAs are (1). The moment surprises….

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Student loan borrowers are bracing for higher monthly payments after Trump decided to eliminate his affordable plan: ‘I’m bracing for an astronomical bill’

Student loan borrowers are bracing for higher monthly payments after Trump decided to eliminate his affordable plan: ‘I’m bracing for an astronomical bill’

Student loan borrowers said they are concerned about higher payments without the SAVE plan.Aaron Hawkins/Getty Images/iStockphoto Trump announced a proposed deal to officially end the SAVE student loan repayment plan. Borrowers said they are preparing for much higher monthly student loan payments. Given the high costs of living, some borrowers said it’s not feasible to…

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A Portland man with 20 years of experience at Intel lost his job and then his wife too. Are your finances shockproof?

A Portland man with 20 years of experience at Intel lost his job and then his wife too. Are your finances shockproof?

More than 20 years of accumulated experience at Intel was not enough to save Sriram Ramkrishna’s senior community and developer relations position at the company. In June, the 56-year-old Portland, Oregon, resident heard that his division was in danger and officially lost his job in a round of layoffs in July. To make matters worse,…

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A Washington man spent 31 years at Microsoft only to be fired in a call along with 120 other people. This is how it is being rebuilt at 60 years old

A Washington man spent 31 years at Microsoft only to be fired in a call along with 120 other people. This is how it is being rebuilt at 60 years old

Thousands of Microsoft workers have been laid off in the past year, and Washington resident Mike Kostersitz is just one of them. After spending 31 years at Microsoft, he is now looking for a job for the first time in more than three decades. In May, the 60-year-old senior product manager said a new high-priority…

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Gold suffers its worst drop in 12 years: billionaire investor and “bond king” Bill Gross thinks the top may be here

Gold suffers its worst drop in 12 years: billionaire investor and “bond king” Bill Gross thinks the top may be here

Gold is behaving more like a meme stock than a safe-haven asset, Bill Gross told Business Insider. After rising this year, the precious metal suffered its worst single-day drop in 12 years on Tuesday. The billionaire “Bond King” said it was “exhibiting characteristics of meme and momentum stocks.” Gold is trading more like a trending…

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