Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department.Li Yuanqing/Xinhua via Getty ImagesIt's the first Fed day of 2026, and Chair Jerome Powell is in the hot seat.Central bank leaders will announce their January interest rate decision at 2 p.m. ET. The meeting follows weeks of political pressure from the Trump …
OpenAI CEO Sam AltmanMandel Ngan/AFP/Getty ImagesOpenAI CEO Sam Altman privately criticized Immigration and Customs Enforcement in a message to employees."What's happening with ICE is going too far," Altman wrote in an internal Slack message.He also praised Trump's leadership and said he hoped the president could "unite the country" going forward.Being patriotic means you also need …
Justin Gaethje (right) defeated Paddy Pimblett in the inaugural UFC match on Paramount+.Chris Unger/Zuffa LLCParamount+ brought in about 1 million new customers on the day of its first UFC event, an exec told staffers.The event was the second most-streamed sporting event on Paramount+, this person said.Paramount previously announced that just under 5 million people streamed …
All flights were canceled at Reagan National Airport in Washington, DC, on Sunday.Celal Gunes/Anadolu via Getty ImagesAirlines and airports are beginning to recover from the weekend's storm.There were about 1,100 cancellations early Tuesday, fewer than at the same time on previous days.Flight schedules should be back on track on Wednesday, said Transportation Secretary Sean Duffy.Air …
An AI bubble burst might not crash the economy, says a research report by MRB Partners.Leah Millis/REUTERSMRB Partners published a report that contradicts the belief that AI is the main driver of GDP.Personal consumption remained the main GDP driver of 2025, not AI growth.Consumer spending remained robust in 2025, but that doesn't mean the US …
Nike is implementing its turnaround strategy across the company.Sheldon Cooper/SOPA Images/LightRocket via Getty ImagesNike plans to cut 775 jobs at its distribution centers in Tennessee and Mississippi.The layoffs aim to streamline operations amid supply chain and tech enhancements.Companies, including Amazon and HP, have cited tech advancements among the reasons for recent layoffs.Sportswear giant Nike is …
The author saw the idea on an Instagram reel before the snowstorm.Courtesy of the authorA viral Instagram reel inspired us to reuse our old play structure.Turning it into an igloo was easier and faster than I expected.The DIY igloo we built in our backyard became the hit of the snowstorm.Years ago, we bought a geodesic …
Seven executives shared the books that shaped their leadership approach.Amazon; Alyssa Powell/BII asked seven executives to share the books that shaped their leadership approach.The list features a range of leaders from tech giants like AWS, to social media brands like Bluesky.The books they pick centered on decision-making and leading with emotional intelligence.With the New Year …
The EU previously fined X $140 million over "deceptive" blue checkmarks.Nicolas TUCAT / AFP via Getty ImagesGrok is facing another investigation over AI-generated sexual images — this time from the EU.The European Commission said it had opened a probe into X over the spread of images generated by Grok.X previously said it had removed Grok's …
Immigration officers are in Minnesota as part of Operation Metro Surge.UCG/UCG/Universal Images Group via Getty ImagesThe AFL-CIO called on ICE to leave Minnesota before "anyone else is hurt or killed."A federal agent shot and killed Alex Pretti, 37, on Saturday in Minneapolis.A local labor union representing Pretti blamed Trump's immigration policies for the death.America's largest …
