Business

Stanford Expert Urges New Grads Toward AI Workflows Jobs as Entry-Level Hiring Collapses
College seniors scanning job boards this spring encounter a market far different from what greeted graduates just three years ago. Tech hiring has slowed. Entry-level roles i...
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Remote Work, Not AI, Emerges as Prime Culprit in Entry-Level Hiring Slump
Entry-level jobs have grown scarce. Young graduates face higher unemployment. Many point to artificial intelligence as the villain. New analysis challenges that story....
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Sundar Pichai Faces the Boos: Google CEO Prepares Stanford Address Amid AI Backlash
Sundar Pichai returns to Stanford University next month. The Google and Alphabet CEO, who earned his master's degree there in materials science and engineering in 1995, will...
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Vanguard Study Exposes Costly Retirement Errors: Why Prepaying Low-Interest Debt Often Backfires
Millions of Americans juggle debt and retirement savings every paycheck. Many get the balance wrong. A new...
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BP Ousts Chairman Albert Manifold Over Conduct and Governance Failures
BP didn't waste time. On Tuesday the board unanimously removed Albert Manifold as chairman and director with immediate effect. The stated reason: serious concerns over govern...
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Older Workers Brush Off AI Threats While Data Shows Their Edge May Be Short-Lived
Workers past 60 express the lowest levels of concern that artificial intelligence will eliminate their positions. Only 14 percent of them voice such worries. Compare that wit...
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Ryan Cohen’s Audacious Bid for eBay Tests Limits of Activist Power and Retail Investor Faith
Ryan Cohen does not flinch. The GameStop chief executive launched an unsolicited offer to buy eBay for roughly $56 billion in early May. He valued the online marketplace at $...
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Standard Chartered CEO’s ‘Lower-Value Human Capital’ Remark Exposes Banking’s AI Reckoning
Bill Winters meant to speak plainly. The Standard Chartered CEO stood before investors and journalists in Hong Kong on May 19 and laid out plans to shrink the bank's back-off...
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Samsung’s AI Profit Windfall Triggers Bonus Bonanza and Internal Union Rift
Samsung Electronics workers in its memory chip division stand to collect bonuses that can top $400,000 this year. The payouts follow a last-minute agreement that halted a pla...
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xAI’s $3B Aggressive Bid for Cursor Sparks Antitrust Scrutiny
Elon Musk’s xAI has stirred fresh controversy after reports surfaced that the company approached Cursor’s developers with an unusually aggressive acquisition offer. According to...
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Bill Dudley Sounds Alarm: After Five Years Above Target, the Fed Risks Losing Its Grip on Inflation Expectations
Bill Dudley knows the Federal Reserve from the inside. As president of the New York Fed from 2009 to 2018, he sat at the center of crisis response and policy debates. Now, ye...
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Sam Altman Admits He Misjudged AI’s Toll on Jobs and Society
Sam Altman sounded relieved. In a virtual interview Tuesday with Commonwealth Bank of Australia chief executive Matt Comyn, the OpenAI chief executive declared himself deligh...
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CEOs Trade Blunt Talk for Corporate Euphemisms as AI Fuels 2026 Layoffs
Standard Chartered CEO Bill Winters reached for a term that stopped many in their tracks. On a recent earnings call he spoke of "replacing, in some cases, lower-value human c...
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Bond Vigilantes Warn the Fed: Rates Must Rise as Yields Surge Past Policy Target
The bond market doesn’t whisper. It shouts. And right now its message to the Federal Reserve is unmistakable: current interest rates fall short. The 2-year Treasury yield cli...
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How Pfizer’s CEO Turned AI Into a Personal Advisor for High-Stakes Calls
Albert Bourla rarely makes a major decision alone. The Pfizer chief executive still consults trusted colleagues. Yet he now adds one more voice to the room. That voice never...
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