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 …
The National Basketball Association postponed the game between the Golden State Warriors and Minnesota Timberwolves on Saturday.Bruce Kluckhohn/APThe National Basketball Players Association said it "stands in solidarity" with protesters in Minneapolis.ICE agents fatally shot a man on Saturday amid ongoing clashes with Minneapolis residents.The NBA postponed a game scheduled for Saturday in Minneapolis to prioritize …
Polymarket CEO Shayne Coplan said the company has been cleared for a US launch.Eugene Gologursky/Getty Images for The New York TimesPrediction markets like Kalshi and Polymarket have surged in popularity.While some trading firms are actively using the platforms, hedge funds are mostly interested in their data.Dysrupt Labs in Australia, for example, uses prediction markets to …
BI's editorial team at Davos. (And yes, that's Claudia Romo Edelman's Sotol Romo brand behind us. In Davos, you can never get too far from business.)BIThis post originally appeared in the BI Today newsletter.You can sign up for Business Insider's daily newsletter here.Davos (Business Insider version)The global elite of Davos probably isn't what you think …
Traders are betting that New York will see 10 inches of snowfall or more this weekend.JEWEL SAMAD/AFP via Getty ImagesStormwatchers are betting on how much snow New York will get this weekend.Winter Storm Fern is barreling through the US, impacting 180 million people.Prediction market users have already bet hundreds of thousands of dollars on snow …
