Business

Washington Turns to AI as Prediction Markets Face Flood of Suspicious Bets
Prediction markets once promised a cleaner signal than polls or pundits. Now they face accusations of becoming conduits for inside information. Traders on platforms such as P...
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Microsoft AI Chief’s Stark 18-Month Warning: White-Collar Work Faces Rapid Overhaul
Mustafa Suleyman rarely minces words. As CEO of Microsoft AI, he sits at the center of one of the largest bets in technology history. In a recent interview, he laid out a tim...
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Bank of America Pays Millions to End ATM Fee Suit and Epstein Claims
Bank of America has agreed to a $2.25 million settlement to resolve claims that it charged customers multiple out-of-network fees for a single balance inquiry at ATMs inside...
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AI Begins to Erase American Jobs: Data Reveals Early Displacement in Exposed Roles
Numbers don't lie. Employment in sectors most exposed to artificial intelligence has slipped while the broader economy added jobs. The trend, once theoretical, now shows up i...
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Kevin Warsh Takes the Fed Helm as Powell’s Inflation Legacy Looms Large
Kevin Warsh assumes leadership of the Federal Reserve this week. Jerome Powell steps aside after eight years. The transition arrives at a fraught moment. Inflation runs hotte...
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Gold and Silver Tumble as Hot U.S. Inflation Data Crushes Rate-Cut Hopes
Gold and silver prices dropped sharply on May 15. The trigger came from stronger-than-expected U.S. inflation figures that wiped out bets on near-term Federal Reserve rate cu...
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Warren’s Last Stand: Demands for Warsh’s $100 Million Divestment Receipts Loom Over New Fed Chair
Sen. Elizabeth Warren isn't letting go. Just days after the Senate confirmed Kevin Warsh as Federal Reserve chair, the Massachusetts Democrat fired off a pointed letter. She...
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Steve Jobs’s Forgotten Exile at NeXT Forged the Future of Apple
Steve Jobs walked out of Apple in 1985. Ousted by the board he once dominated, he carried bitterness and $7 million from stock sales. Eleven years later he returned. The comp...
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Arm CEO Rene Haas Warns x86 Giants: Efficiency Will Reshape AI Data Centers
Rene Haas sees trouble ahead for the old guard. The Arm Holdings chief executive delivered a pointed message on the company’s recent earnings call. Its first production silic...
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JPMorgan’s Long Game With Startups Delivers Top Spot in Tech Banking
In a corner of a Utah warehouse back in 2017, a young e-commerce outfit called Pattern Group sought $10 million. For JPMorgan Chase, then sitting on $2.5 trillion in assets,...
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Apple Shares Breach $300 as Wall Street Bets on Hardware and Services Over AI Speed
Apple shares closed at a record $300.23 on May 15. The milestone came as investors shrugged off persistent questions about the company’s measured pace on artificial intellige...
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Trump Administration Reclassifies Hundreds of HHS Workers, Easing Path to Firings
WASHINGTON — The Trump administration on Friday took a fresh step to loosen job safeguards for federal health workers. An email sent to employees at several agencies within t...
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ChatGPT Meets Your Bank Account: OpenAI’s Finance Push Tests User Trust
OpenAI just handed ChatGPT the keys to millions of bank accounts. On May 15, 2026, the company launched a preview of personal finance tools for its Pro subscribers in the U.S...
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Mark Cuban’s Firing and the Brutal Lesson That Built a Billion-Dollar Empire
Mark Cuban once stood in a Dallas software store with a $15,000 check in hand and promptly lost his job. The boss wanted the doors opened on time. Cuban had chosen to close a...
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JPMorgan Chase Holds Steady at 318,512 Employees as AI Forces Quiet Shifts in Its Ranks
JPMorgan Chase employed 318,512 people at the end of 2025. That figure edged up from 317,233 a year earlier. Stability like this stands out. Other big corporations have slash...
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