One of hedge funds’ longest-running legal battles is set to ramp up again with $165 million in pay on the line
The legal dispute began before President Barack Obama's first term began.
Business Insider - AI4 min read
Finance
107 stories
Jeff Bezos just opened a free preschool inside an Arizona retirement community—and families earning up to $132,000 can apply
The Glendale, Ariz., campus is the latest in Bezos Academy's network of more than 40 Montessori-inspired schools aimed at families squeezed by the cost of childcare.
Fortune AI4 min read
Puerto Rico’s power rates jump 18% to a record high, nearly double the US mainland average
A typical monthly bill will rise from $229 to $271 as outages persist across the island’s fragile power grid.
Fortune AI3 min read
Bankers, don't dodge train fares on your commute. It could get you barred from the industry.
Joseph Molloy, a former HSBC executive, used a method called "donutting" to avoid almost $8,000 of train fares.
Business Insider - AI2 min readMicron sees the memory shortage tightening into 2028 after a record quarter
Micron says the global memory shortage will get tighter over the next two years. The US chipmaker reported record results on Wednesday. Revenue for the quarter to 3 September rose nearly fivefold from a year earlier, to $54.23bn, the company said.
The Next Web AI3 min read
Trump just soft-launched higher inflation as the new solution for rebalancing the $40 trillion U.S. national debt
"You know, inflation, certain levels of inflation will also pay off that debt very rapidly. Very rapidly."
Fortune AI3 min read
I worked a finance day job and a supermarket night job. I've saved up nearly $300K toward early retirement.
Ryan Lowe lives with his parents in Massachusetts and recently worked two jobs. The 27-year-old wants to retire in his 40s and spend time traveling.
Business Insider - AI4 min read
Japan finance minister: Government united in view reflation is over
TOKYO -- The government of Japan's Prime Minister Sanae Takaichi is unified in its view that reflationary policy is over, Finance Minister Satsuki Kat
Nikkei Asia Tech1 min read
A full-time lawyer with 10 income streams shares her biggest flops, and the easiest way to earn side money in 2026
Lucy Zheng has been building side businesses since 2012. Not all of them worked, but each venture provided skills she used to inform the next.
Business Insider - AI4 min read
Citigroup raises one-year Bitcoin forecast to $113,000
A new report from the investment bank says renewed investor demand could lift crypto prices.
Fortune AI2 min read
8 in 10 Gen Z and millennials have two jobs to make ends meet, Goldman Sachs finds, as the affordability crisis ‘crowds out’ any retirement hopes
69% of Gen Z respondents told Goldman Sachs they find it difficult to focus at work because they worry about debt or household costs, as did 67% of millennials.
Fortune AI4 min read
‘We cannot sweep the dust under the carpet’: French national debt is projected to grow to 122% of its GDP, prompting ideas to cancel government bonds
Budget minister David Amiel argued that the spending cuts were essential, ahead of what is sure to be a bruising battle to get them through parliament.
Fortune AI5 min read
‘He said Make America Great Again. And I have not seen him do that’: Only 17% of Americans approve of Trump’s handling of cost of living
“I was hoping it would be better or different, but it’s not really good," said Robert Gault, 66, a retired factory worker from Bradford, Pennsylvania, who describes himself as a Republican.
Fortune AI6 min readBroadcom to lend Anthropic up to $42bn for its chips, Reuters reports
Broadcom has agreed to lend Anthropic up to $42bn to help pay for its AI infrastructure, Reuters reported on Thursday, citing Anthropic’s IPO prospectus.
The Next Web AI3 min read
ECB’s Lagarde Says Europe Must Develop Its Own AI Capabilities
Europe risks leaving itself vulnerable if it relies on artificial intelligence models developed elsewhere, according to European Central Bank President Christine Lagarde.
Bloomberg Technology1 min read
Bank of England’s Bailey warns the AI boom could bring market shocks
AI could set off shocks in financial markets, and the UK has to be ready for them, Bank of England governor Andrew Bailey told the BBC on Thursday. He said the Bank is watching the money flowing into AI “very carefully”.
The Next Web AI3 min read
Meta tells the IRS its AI data centres are experiments, NYT reports
Meta tells the IRS that its AI data centres are an experiment that could fail, The New York Times reported on Wednesday. That lets Meta claim a research tax credit on the AI chips it buys. The credit cut almost $4bn off its tax bill last year.
The Next Web AI3 min read
Turkish Defense Firm Aselsan Extends Gains as BofA Says Buy
Turkish defense contractor Aselsan Elektronik Sanayi ve Ticaret AS extended gains after a “buy” recommendation from BofA Securities Inc.
Bloomberg Technology1 min read
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