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AI is already impacting the labor market, starting with young tech workers, Goldman economist says

Unemployment rates among tech workers between 20 and 30 years old jumped by 3 percentage points since the start of this year, said Goldman Sachs' Joseph Briggs.

Trump says JPMorgan Chase, Bank of America rejected him as a customer

President Donald Trump said Tuesday that the two largest U.S. banks rejected him as a bank customer, reviving claims of debanking against conservatives.

Berkshire shares dip after earnings decline, lack of buybacks disappoint investors

A move that caught many by surprise was a big write-down for Berkshire's underperforming Kraft Heinz stake.

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact

Berkshire's operating profit dipped 4% year over year to $11.16 billion in the second quarter.

‘The eye of the hurricane’: Why the U.S. job market has soured, economists say

Federal data suggests the job market has slowed more than previously thought amid economic headwinds.

Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy

Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions Friday.

Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund's board

Bridgewater completed the final transition of Dalio's equity shares, wrapping up his management transition started in 2022.

Emergency funds are a 'security blanket' for 401(k) savings, Vanguard researcher says. Here's why

Rainy-day funds help prevent savers — especially hourly workers — from raiding their retirement accounts.

TikTok took the world by storm. Now, Chinese companies are taking videos further with AI

Chinese companies are capitalizing on a trove of video and gaming experience to ramp up money-making AI tools for generating videos and visual effects.

You can bet on the words that will be said on Apple's earnings call like 'Tariff' and 'Severance'

Users on prediction platform Kalshi are betting on what the iPhone maker will discuss in its upcoming earnings call.

JPMorgan marks 1,000th branch opening since 2018 expansion plans

JPMorgan Chase has roughly 5,000 branches, the most of any American bank, according to Federal Reserve data.

China's July manufacturing activity contracts more than expected — declines for fourth-straight month

China's official manufacturing Purchasing Managers' Index for July was 49.3, missing expectations for 49.7 according to a Reuters poll.
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