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Multimillion-dollar restaurant CEO used to splurge on Range Rovers and McLarens—but he’s reining it in now, because today’s economy makes no sense
When the big paychecks roll in after building a successful business, it may be tempting to splurge on designer clothes, luxury mansions, and high-tech gadgets. When Derrick Hayes—an entrepreneur who grew up in “survival mode” selling bean pies and...
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From paper to (news)paper: ‘The Office’ sequel now streaming on Peacock moves from one doomed industry to another
The documentary crew that followed the employees at Dunder Mifflin paper company on “The Office” must sure love paper. In its new spinoff, the cameras are back up and filming the day-to-day at another paper company — a newspaper called the...
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‘I guess there will be some amendments’: EU trade negotiator is having second thoughts about deal with Trump
The head of the European Parliament’s trade committee said Wednesday he has “doubts” about aspects of the EU’s trade deal with the Trump administration and predicted the deal could be amended during the legislative approval process.“A lot of questions are there,...
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Powerball goes 41 straight draws without a winner, sending jackpot to $1.7 billion
The Powerball jackpot has jumped to an eye-popping $1.7 billion, after yet another drawing passed without a big winner Wednesday.The numbers selected were: 3, 16, 29, 61 and 69, with the Powerball number being 22.Since May 31, there have...
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Podcasters, influencers make Trump White House’s list of jobs covered under no-tax tips list
Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration’s preliminary list of occupations not required to pay income tax on their tips under Republicans’ new tax cuts and spending bill.A bit more unexpected? Podcasters...
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Hiring managers are paralyzed by Trump’s tariffs and Powell’s rate hikes, JOLTS report reveals
U.S. employers posted 7.2 million job vacancies in July as the American labor market continues to cool.The Labor Department reported Wednesday that job openings fell from 7.4 million in June and came in modestly below what economists had forecast. Healthcare and...
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Trump’s nominee to join Federal Reserve says president ‘entitled’ to take monetary policy views
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump’s nominee to join the Federal Reserve said the president was “entitled” to take a view on monetary...
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Lose-lose: Even if the Supreme Court strikes down Trump’s tariffs, consumers likely wouldn’t see a dime from refunds
President Donald Trump likes to boast about how much money the U.S. Treasury is raking in from the massive taxes—tariffs—he’s slapped this year on imports from almost every country in the world.“We have trillions of dollars coming into our...
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A first connection can make a big difference when it comes to sticking with a career
People often say that a single spark can light a fire.In careers, that spark is often a person. It might be someone early in life who cracks open a door, offers encouragement, or quietly...
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Tech leaders in financial services say responsible AI is necessary to unlock GenAI value
Good morning. CFOs are increasingly responsible for aligning AI investments with business goals, measuring ROI, and ensuring ethical adoption. But is responsible AI an overlooked value creator?Scott Zoldi, chief analytics officer at FICO and author of more than...
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Hippo capsizes boat in Ivory Coast; 11 people missing, including children and baby
Eleven people, including children and a baby, were missing after a hippopotamus capsized their boat...