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4 mins read

Love him or loathe him, Elon Musk is a champion of efficiency and could save the US government a fortune

Elon Musk will lead a new department to make the US government more efficient. He plans to cut spen…

PTI   


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2 mins read

Southwest is making big route changes as it prepares to reveal new details of its turnaround plan

Southwest reportedly plans to cut some 340 pilots and flight attendants at its busy Atlanta base as…

Taylor Rains   


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2 mins read

Gwyneth Paltrow's Goop is cutting 18% of staff as it scrambles to change strategy

Gwyneth Paltrow's Goop is refocusing yet again, and laying off nearly a fifth of its staff in the p…

Madeline Berg   


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The Federal Reserve gives Americans another interest rate cut

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis…

Ayelet Sheffey   


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4 mins read

A veteran bond operator shares an alpha-generating strategy for dropping yields and muted stock-market returns

Credit markets face challenges, but opportunities exist in corporate bonds and cheap optionality.

Laila Maidan   


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5 mins read

Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty

The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise conce…

Dan DeFrancesco   


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2 mins read

Amazon's RTO mandate is a 'backdoor layoff' strategy, future of work expert says

Amazon's strict return-to-office push is an attempt to reduce headcount, according to Stanford econ…

Beatrice Nolan   


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4 mins read

Meta layoffs are the latest sign that constant job cuts are the new Big Tech normal

Recent layoffs at Meta point to a tech industry playbook of making recurring cutbacks. Yet these re…

Tim Paradis   


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2 mins read

The good, bad, and ugly of life after rate cuts

The Fed won its fight with inflation, but there's still work to be done.

Dan DeFrancesco   


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4 mins read

JetBlue founder and low-cost airline veteran explains how struggling airlines need to adapt to survive right now

Low-cost guru David Neeleman, who has founded five budget carriers since 1984, told BI some airline…

Taylor Rains   


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4 mins read

Rate cuts are a double edged sword for Kamala Harris

The Fed's decision creates a delicate political situation for Harris — celebrate beating inflation…

Alice Tecotzky   


Laila Maidan   


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2 mins read

'Flexible co-living' could help bring down office-conversion costs and add housing supply, new study says

A new study finds that dorm-style housing could be a cost-effective route for office conversions, a…

Kelly Cloonan   


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3 mins read

Dollar General is taking a key strategy from Costco as it aims to lower costs

Dollar General is slashing the number of of unique items it sells with the expectation that simplic…

Dominick Reuter,Alex Bitter   


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4 mins read

A couple who moved from Hawaii to Colorado for a lower cost of living are struggling to afford a home on a six-figure income

A millennial couple who earn $110,000 say homeownership feels out of reach in Colorado. They're try…

Jacob Zinkula   


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3 mins read

Why did the latest Economic Survey of India heavily shun the ‘Western ways’ of climate action?

India has criticised the Western climate approach as "alarmist" and unsustainable, instead advocati…

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6 mins read

How a Seattle couple achieved financial independence in their mid-30s with a net worth over $4 million — and why they don't want to retire early

Mai-lan Phan and her husband Ryan Wagoner achieved financial independence with a net worth over $4 …

Noah Sheidlower   


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6 mins read

All eyes are on Jackson Hole for clues about the size of September's rate cut

Rate cuts are a lock for the Fed's next meeting in September. But instead of wondering if they'll c…

Dan DeFrancesco   


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2 mins read

The US economy is strong enough that Fed rate cuts aren't even warranted, JPMorgan strategist says

Most traders expect the Fed to make a big initial rate cut, but one strategist says it's not necess…

Kelly Cloonan   


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2 mins read

Tesla is playing a brutal price game of 'how low can you go' with its Chinese EV rivals

Tesla has been slashing prices for its vehicles in the Chinese, US, and European markets amid decli…

Kwan Wei Kevin Tan