A Burberry store at Fashion Valley, an upscale shopping mall, on Dec. 13, 2024, in San…
Business and Economy
Company needs to cut 85% of its workforce
Opendoor co-founder and newly minted board chair Keith Rabois said remote work and a “bloated” workforce…
JPMorgan CEO Jamie Dimon says the economy ‘is weakening’
JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the…
Payrolls rose 22,000 in August in further sign of hiring slowdown
Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping…
Alibaba shares jump 19% on cloud unit growth, report of new AI chip
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025.…
‘De minimis’ exemption ends globally
The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses…
Why the end of ‘de minimis’ can hurt consumers — especially lower-income ones
Containers are loaded and unloaded at Port Jersey Container Terminal in New Jersey, on May 1,…
Could you pass an SEC test to invest in private assets?
D3sign | Moment | Getty Images If you want to access investments typically reserved for the…
Crypto stocks tumble as investors go into risk-off mode
Idrees Abbas | Sopa Images | Lightrocket | Getty Images Crypto stocks suffered Tuesday as investors…
AI spreading on Main Street and transforming American small business
German Adrasti | E+ | Getty Images While the national conversation around AI often fixates on…