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Crayola CEO’s how-to-succeed guide for new hires: Lose the tie and pretend you don’t know anything

Pete Ruggiero, who stepped up to lead the 140-year-old creative company last year, worked his way up from a staff accounting job.

20.07.2025 9

Irina Ivanova

The economy enters its budget shopping era, with consumers doubling down on value even as they ramp up spending

The average American consumer is still spending, but they’re getting pickier about where the money goes, according to recent data.

17.07.2025 2

Irina Ivanova

Delta moves toward eliminating set prices in favor of AI that determines how much you personally will pay for a ticket

The airline touted a partnership with an AI-enabled revenue system as a step on the road to fully personalized ticket pricing, part of its goal to...

16.07.2025 40

Irina Ivanova

Stock markets are rewarding Trump’s new tariff threats with the S&P hovering near its record high

The markets are taking the president's threats of high tariffs as a "negotiating tactic," one analyst said.

15.07.2025 3

Irina Ivanova

A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case

The hottest question in economics is why the massive price hikes tariffs were supposed to bring still haven’t materialized halfway through 2025.

13.07.2025 30

Irina Ivanova

Stock markets rise to new records thanks to the one-two punch of airlines and Big Tech

Despite looming tariffs, "the market has demonstrated a remarkable ability to hear what it wants to hear, see what it wants to see,"...

11.07.2025 10

Irina Ivanova

Crayola’s now-CEO leaned in to automation when everyone else was offshoring and now he’s reaping the rewards

America’s top producer of children’s art supplies still creates most of its products in the northeastern U.S. But while that keeps it mostly...

06.07.2025 8

Irina Ivanova

Consumers saw a double whammy of bad news in May, pulling back on spending as inflation heated up

The economic bad vibes are hitting home.

28.06.2025 30

Irina Ivanova

Business leaders are threatening to leave New York City amid the unlikely ascension of Zohran Mamdani. This scenario has played out before—here’s what happened

By backing a platform of economic redistribution, New Yorkers are committing "suicide by Mayor," one finance analyst said.

27.06.2025 2

Irina Ivanova

Stock markets touch record highs in sharp turnaround from April trough

The S&P 500 flirted with a new record on hopes of interest-rate cuts.

26.06.2025 7

Irina Ivanova

Wealthy business-owning Trumpers are clashing with MAGA purists over who should get deported

President Donald Trump’s promise to deport a record number of people is running into economic reality: Many have critical jobs in the food chain.

22.06.2025 10

Irina Ivanova

Stocks scoot higher on low inflation numbers, but Boeing sinks after fatal Air India disaster

The U.S. Treasury held a closely eyed $22 billion auction of 30-year bonds, and solid demand showed investors are still hungry for long-term...

13.06.2025 4

Irina Ivanova

Tariffs are 10x higher than before Trump. Companies will have to absorb the pain because consumers are ‘tapped out,’ investment manager says

With the post-pandemic surge in corporate profits, "margins have never been higher in the history of humankind," Jeff Klingelhofer said.

12.06.2025 9

Irina Ivanova

Forget about the Fed’s dual mandate—this investment advisor says they’ve added a third mandate, and won’t be cutting rates anytime soon

Cutting rates will redistribute wealth upward again, which is not ideal at a time of social friction.

10.06.2025 10

Irina Ivanova

Stocks push higher despite clashes in Los Angeles and trade uncertainty

It’s by now a familiar development in President Trump’s tariff negotiation tactics: Announce higher tariffs, then pause.

10.06.2025 7

Irina Ivanova

Hedge fund titan Bill Ackman shares the secret that got him through his lowest moments

When his hedge fund was hemorrhaging money and he was splitting up with his wife of 25 years, Ackman said the concept of compounding interest got him...

08.06.2025 20

Irina Ivanova

Tesla loses $152 billion in market cap after Musk-Trump spat in the stock’s biggest-ever hit

The tit-for-tat between Tesla CEO Elon Musk and President Donald Trump sank Tesla’s market cap and took $34 billion off Musk’s personal net worth...

06.06.2025 2

Irina Ivanova

Hedge funder Ken Griffin doesn’t get why Trump wants to take China’s jobs: ‘Why are we aspiring to be the nation of the lowest- cost workforce in the world?’

The Trump administration’s tariffs are attempting to reshore jobs that pay too little, according to Griffin.

06.06.2025 10

Irina Ivanova

Stocks brave tariff-induced volatility to swing higher

Stocks closed modestly higher and bond yields fell as courts invalidated, then allowed, Trump's tariffs.

03.06.2025 3

Irina Ivanova

Treasury head Scott Bessent says Jamie Dimon should relax about the bond markets: ‘For his entire career he’s made predictions…none of them have come true’

Rising interest rates on U.S. debt seem to back up Dimon’s concern about government spending, but the Treasury secretary says it’s not as bad as...

02.06.2025 3

Irina Ivanova

UnitedHealth Group faces lawsuit claiming it used ex-employees’ 401(k) funds to defray its own costs

It’s the latest in a surge of lawsuits for the beleaguered health care giant, and the company has denied the allegations.

28.05.2025 20

Irina Ivanova

Stocks surge upward after Trump delays EU tariffs

It’s by now a familiar development in President Trump’s tariff negotiation tactics: Announce higher tariffs, then pause.

28.05.2025 10

Irina Ivanova

Duolingo CEO walks back AI-first comments: ‘I do not see AI as replacing what our employees do’

The post came a week after he said AI would replace contract workers and, eventually, human teachers.

24.05.2025 20

Irina Ivanova

Stocks swing to a flat close as bond yields spike on U.S. debt worries

Stocks closed flat on Thursday after swinging from losses to gains, while bond activity indicated worries about the U.S.' fiscal future.

23.05.2025 20

Irina Ivanova

Trump warns Republicans not to ‘f— around’ with Medicaid because he knows it’s political suicide for MAGA

The GOP caucus is still divided on how deeply to cut public programs in order to achieve trillions in tax cuts.

21.05.2025 10

Irina Ivanova

Study looking at AI chatbots in 7,000 workplaces finds ‘no significant impact on earnings or recorded hours in any occupation’

Despite AI’s promise to revolutionize white-collar work, most workers are using it sparingly—or hiding it from their boss.

18.05.2025 30

Irina Ivanova

DOGE said 40% of the Social Security Agency’s calls were ‘fraudulent.’ Data suggests it was actually less than 1%

Elon Musk and his engineers claim 'insane' amounts of fraud in Social Security, but the real figures don’t back it up.

16.05.2025 10

Irina Ivanova

Stocks close mixed Thursday as tariffs continue to weigh on sentiment

Government data showed retail spending was strong in April, but major retailers have warned tariffs would undo that.

16.05.2025 3

Irina Ivanova

Saudi Arabia’s $600 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump

Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.

15.05.2025 4

Irina Ivanova

The U.S.-China detente could ‘save Christmas,’ but expect ‘a rush of ordering the likes we’ve never seen before,’ economist says

Importers traumatized by the empty shelves during COVID lockdowns are pulling out all the stops to stock up ahead of the holiday shopping season.

14.05.2025 10

Irina Ivanova

Trump’s tax hike on millionaires is back on the table—but experts say it won’t make a dent in the ultra-rich

The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.

11.05.2025 10

Irina Ivanova

As Klarna flips from AI-first to hiring people again, a new landmark survey reveals most AI projects fail to deliver

Just 1 in 4 AI investments bring in the ROI they promise—but CEOs just can’t resist the technology.

09.05.2025 20

Irina Ivanova

‘You better go out and buy stock now,’ Trump said. Markets listened

"A trade agreement – even if it’s an agreement in principle – is what the markets were looking to see," one analyst said.

09.05.2025 4

Irina Ivanova

DOGE cuts at IRS are ‘Christmas coming early’ for tax cheats, policy analyst says

Staff reductions have eliminated one-third of the of the IRS staff who collect tax money—with more on the way.

07.05.2025 10

Irina Ivanova

Disneyland attempts to replicate founder Walt in animatronic that some family members called ‘dehumanizing’

A reanimation of Walt Disney will debut at Disneyland this summer—and the founder’s descendants are divided about whether he would have wanted...

05.05.2025 10

Irina Ivanova

Surging stock made Palantir’s Alex Karp $6.8 billion richer last year, making him one of the best-paid CEOs

A new measure of CEO compensation that accounts for stock growth is creating some eye-popping numbers.

05.05.2025 10

Irina Ivanova

Employers hired steadily in April, unfazed by tariff announcements

U.S. employers added 177,000 jobs last month.

02.05.2025 7

Irina Ivanova

Tariffs have a surprise upshot: the U.S. is raking in billions more than expected

Importers stocking up ahead of even-higher levies have given an unexpected boost to the U.S. Treasury.

02.05.2025 10

Irina Ivanova

Stocks close higher as tech giants report profits and expansion plans

Meta and Microsoft surprised to the upside on a better-than-expected showing from AI the previous day.

02.05.2025 4

Irina Ivanova

First-quarter GDP tanked because there was so much panic-buying from other countries ahead of Trump’s tariffs rollout

Companies front-running April tariffs threw economic growth into reverse because of a quick in how the figure is calculated.

30.04.2025 5

Irina Ivanova

UPS ditched Amazon to be more profitable. Now it’s slashing 20,000 jobs and plans to close over 70 facilities

One of the world's biggest shipping companies is trying to reorganize just as global trade is upended.

30.04.2025 10

Irina Ivanova

Consumers are so stressed by the economy they’re doing less laundry to save on detergent

The maker of America’s best-selling detergent says the company is seeing fewer loads per week.

26.04.2025 10

Irina Ivanova

Albertsons tells suppliers to eat the cost of tariffs: ‘We are not accepting cost increases’

The second-largest supermarket chain in America is taking a tough line with its vendors, according to a leaked letter.

26.04.2025 40

Irina Ivanova

Stocks surge for 3rd straight day on hopes of tariff progress

Hopes of a tariff deal drove the major indexes higher.

25.04.2025 10

Irina Ivanova

Getting good jobs out of Trump’s tariff policy demands a labor movement his administration is bent on kneecapping, union historian says

Even if tariffs bring back millions of jobs, businesses will still try to pay as little as possible, unless forced to act otherwise.

17.04.2025 2

Irina Ivanova

Stocks slide deeper into the red after Fed chair’s ‘stagflation’ warning reignites tariff fears

A tech selloff led the major indexes lower, while the Fed chair's warning on tariffs accelerated trade war fears.

17.04.2025 20

Irina Ivanova

Nearly 80 million Americans are legally entitled to income-based help like Medicaid and food assistance. The Trump administration dismantled the office that establishes eligibility

A small office within Health and Human Services that sets the federal poverty guidelines every year has reportedly been dismantled, with no one left...

13.04.2025 10

Irina Ivanova

Musk’s DOGE reportedly deploys AI to monitor federal workers for anti-Trump sentiment: ‘The willingness to skirt laws is brazen’

The Trump administration has made no secret of its desire for a smaller government staffed by loyalists.

09.04.2025 10

Irina Ivanova

The new partnership between Affirm and Experian means the impulse-buying economy will be running headlong into America’s data-mining ecosystem

Buy-now-pay-later is a juggernaut that’s long been absent from consumers’ credit reports. A recent deal with Affirm means that’s no longer the case.

04.04.2025 4

Irina Ivanova

Hundreds of federal buildings, some of them historic, are on the auction block as part of DOGE’s effort to privatize everything

DOGE staff are pushing the private-equity playbook of selling government buildings just to pay to lease them back.

02.04.2025 20

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Popular

Crayola CEO’s how-to-succeed guide for new hires: Lose the tie and pretend you don’t know anything

Irina Ivanova

The economy enters its budget shopping era, with consumers doubling down on value even as they ramp up spending

Irina Ivanova

Delta moves toward eliminating set prices in favor of AI that determines how much you personally will pay for a ticket

Irina Ivanova

Stock markets are rewarding Trump’s new tariff threats with the S&P hovering near its record high

Irina Ivanova

A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case

Irina Ivanova

Stock markets rise to new records thanks to the one-two punch of airlines and Big Tech

Irina Ivanova

Crayola’s now-CEO leaned in to automation when everyone else was offshoring and now he’s reaping the rewards

Irina Ivanova

Consumers saw a double whammy of bad news in May, pulling back on spending as inflation heated up

Irina Ivanova

Business leaders are threatening to leave New York City amid the unlikely ascension of Zohran Mamdani. This scenario has played out before—here’s what happened

Irina Ivanova

Stock markets touch record highs in sharp turnaround from April trough

Irina Ivanova

Wealthy business-owning Trumpers are clashing with MAGA purists over who should get deported

Irina Ivanova

Stocks scoot higher on low inflation numbers, but Boeing sinks after fatal Air India disaster

Irina Ivanova

Tariffs are 10x higher than before Trump. Companies will have to absorb the pain because consumers are ‘tapped out,’ investment manager says

Irina Ivanova

Forget about the Fed’s dual mandate—this investment advisor says they’ve added a third mandate, and won’t be cutting rates anytime soon

Irina Ivanova

Stocks push higher despite clashes in Los Angeles and trade uncertainty

Irina Ivanova

Hedge fund titan Bill Ackman shares the secret that got him through his lowest moments

Irina Ivanova

Tesla loses $152 billion in market cap after Musk-Trump spat in the stock’s biggest-ever hit

Irina Ivanova

Hedge funder Ken Griffin doesn’t get why Trump wants to take China’s jobs: ‘Why are we aspiring to be the nation of the lowest- cost workforce in the world?’

Irina Ivanova

Stocks brave tariff-induced volatility to swing higher

Irina Ivanova

Treasury head Scott Bessent says Jamie Dimon should relax about the bond markets: ‘For his entire career he’s made predictions…none of them have come true’

Irina Ivanova

UnitedHealth Group faces lawsuit claiming it used ex-employees’ 401(k) funds to defray its own costs

Irina Ivanova

Stocks surge upward after Trump delays EU tariffs

Irina Ivanova

Duolingo CEO walks back AI-first comments: ‘I do not see AI as replacing what our employees do’

Irina Ivanova

Stocks swing to a flat close as bond yields spike on U.S. debt worries

Irina Ivanova

Trump warns Republicans not to ‘f— around’ with Medicaid because he knows it’s political suicide for MAGA

Irina Ivanova

Study looking at AI chatbots in 7,000 workplaces finds ‘no significant impact on earnings or recorded hours in any occupation’

Irina Ivanova

DOGE said 40% of the Social Security Agency’s calls were ‘fraudulent.’ Data suggests it was actually less than 1%

Irina Ivanova

Stocks close mixed Thursday as tariffs continue to weigh on sentiment

Irina Ivanova

Saudi Arabia’s $600 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump

Irina Ivanova

The U.S.-China detente could ‘save Christmas,’ but expect ‘a rush of ordering the likes we’ve never seen before,’ economist says

Irina Ivanova

Trump’s tax hike on millionaires is back on the table—but experts say it won’t make a dent in the ultra-rich

Irina Ivanova

As Klarna flips from AI-first to hiring people again, a new landmark survey reveals most AI projects fail to deliver

Irina Ivanova

‘You better go out and buy stock now,’ Trump said. Markets listened

Irina Ivanova

DOGE cuts at IRS are ‘Christmas coming early’ for tax cheats, policy analyst says

Irina Ivanova

Disneyland attempts to replicate founder Walt in animatronic that some family members called ‘dehumanizing’

Irina Ivanova

Surging stock made Palantir’s Alex Karp $6.8 billion richer last year, making him one of the best-paid CEOs

Irina Ivanova

Employers hired steadily in April, unfazed by tariff announcements

Irina Ivanova

Tariffs have a surprise upshot: the U.S. is raking in billions more than expected

Irina Ivanova

Stocks close higher as tech giants report profits and expansion plans