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Nvidia CEO Jensen Huang says AI will ‘probably’ bring 4-day work weeks: ‘Every industrial revolution leads to some change in social behavior’

"I have to admit that I'm afraid to say that we are going to be busier in the future than now," Huang said in an interview on Fox Business Network.

latest 0

Nick Lichtenberg

Survey reveals not only an ‘AI readiness gap’ but also an emerging phenomenon of ‘AI shame’ in the workplace—especially in the C-suite

"Companies are not educating enough about this whole thing," WalkMe's CHRO Sharon Bernstein told Fortune. "You want people not to fear to admit that...

yesterday 0

Nick Lichtenberg

New home inventory is at its highest level since just before the housing market collapse that led to the Great Recession, but that doesn’t mean it’s the same market

Since roughly 2022, ResiClub co-founder Lance Lambert told Fortune, "the national power dynamic has slowly been shifting from sellers to buyers."

yesterday 1

Nick Lichtenberg

Over half of professionals are so annoyed by AI trainings they say it feels like a second job, LinkedIn survey finds

The mounting pressure to upskill in AI is "fueling insecurity," LinkedIn says, with a third admitting they "feel embarrassed by how little they...

previous day 0

Nick Lichtenberg

With markets on edge over AI bubble fears, chip stocks shudder as investors send Nvidia down 3% despite 56% growth in data center revenue

Investors had extremely high expectations for Nvidia’s data center division, with forecasts set at $41.3 billion.

previous day 4

Nick Lichtenberg

This ‘economic sugar high’ won’t last, CRFB warns, touting analysis predicting long-term stagnation and $600 billion of annual borrowing through 2028

"An economic sugar high doesn’t mean sustained growth," says the Committee for a Responsible Federal Budget. This happened in 2017, too, they say.

previous day 20

Nick Lichtenberg

Streaming has Americans more glued to their screens than ever, but it could all come crashing down in the case of a ‘content recession,’ BofA says

The top 10% of American households are paying over $100 a month for streaming services. How much longer will they?

wednesday 3

Nick Lichtenberg

The markets’ reaction to Trump hides a darker truth that puts the American economy at risk, Piper Sandler warns

“The U.S. is moving away from free markets, limited government, and the rule of law at an astonishing pace,” the investment bank says.

wednesday 2

Nick Lichtenberg

First-of-its-kind Stanford study says AI is starting to have a ‘significant and disproportionate impact’ on entry-level workers in the U.S.

Something appears to have changed in late 2022, specifically for young workers ages 22 to 25 in the jobs most exposed to AI.

wednesday 2

Nick Lichtenberg

Gen Z is adopting ‘career minimalism,’ killing off the ladder for a ‘lily pad’ mentality, Glassdoor says

"Conscious unbossing" is becoming a way of life for Gen Z, but they'll still accept a manager role for higher pay or a higher title.

26.08.2025 3

Nick Lichtenberg

‘Job-huggers’ sense trouble brewing in the jobs market as BofA flags wage growth stalling for switchers for the first time since 2010

Wage increases for job-hoppers have collapsed, BofA finds, while wage growth for job-switchers equals that of job-stayers for the first time since...

26.08.2025 0

Nick Lichtenberg

Trump is bringing in enough revenue from tariffs to cut deficits by $4 trillion over the next decade, CBO says

In just two months, Trump added another $1.5 trillion of deficit reduction in the form of new tariffs, CBO said. Still, the One Big Beautiful Bill Act...

26.08.2025 1

Nick Lichtenberg

‘It’s almost tragic’: Bubble or not, the AI backlash is validating what one researcher and critic has been saying for years

Gary Marcus told Fortune that AI valuations remind him of Wile E Coyote. "We are off the cliff."

24.08.2025 10

Nick Lichtenberg

BofA sees the replacement of people with process solving the ‘productivity paradox,’ because ‘a process is almost free and it’s replicable for eternity’

"I think people love this AI technology because it feels like sorcery," BofA's Savita Subramanian said. "The truth is it hasn't really changed the...

24.08.2025 10

Nick Lichtenberg

Markets worldwide start going on a tear after Jerome Powell signals he’s open to a September rate cut

The S&P 500 looks like it will break a five-day losing streak.

22.08.2025 2

Nick Lichtenberg

‘The nation’s finances have deteriorated’ since Trump took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit

The baseline scenario shows cumulative deficits reaching $22.7 trillion by 2035, and that’s if everything goes according to plan.

22.08.2025 20

Nick Lichtenberg

How AI darling Palantir became the S&P 500’s best and worst stock of 2025, climbing 144% before shedding value in 6 straight sessions

Over $73 billion has been wiped off high-flying Palantir’s market cap in recent days.

21.08.2025 5

Nick Lichtenberg

CEOs at America’s 100 largest low-wage employers are paid 632 times more than the average worker, study finds

From 2019 to 2024, average CEO pay at these firms climbed 34.7%, compared to just a 16.3% rise for their average worker pay. Inflation was 22.6% over...

21.08.2025 4

Nick Lichtenberg

The Great Resentment: Bosses are lording over workers as revenge for the Great Resignation when they had to hand out once-in-a-generation raises

Return-to-office isn’t just about collaboration, mentorship, and good vibes. It’s class struggle.

21.08.2025 4

Nick Lichtenberg

Tesla shareholder group urges probe, ‘appropriate remedial action’ from Nasdaq over Elon Musk’s $29 billion pay package

The group's letter argues that Tesla shareholders likely "did not believe they were voting on an equity plan that would cover compensation to Mr....

20.08.2025 3

Nick Lichtenberg

Gen Z wants to have their AI cake and eat it, too: KPMG intern survey reveals a generation that wants to have things both ways

They want to be in the office and they dream of the death of the 9-to-5. They also want real mentorship—on their terms. But maybe they just want to...

20.08.2025 6

Nick Lichtenberg

The ‘Ghosts of 2007’ and the graybeard ‘Nifty 50’: BofA looks at the rare situation in markets and finds ominous parallels to the GFC and the dotcom bubble

Conditions are like they were in 2007, or in the late 1990s, depending on how you look at the Fed raising rates during rising inflation, and the top...

20.08.2025 4

Nick Lichtenberg

The AI revolution will cut nearly $1 trillion a year out of S&P 500 budgets, Morgan Stanley says—largely from agents and robots doing human jobs

Read the fine print, though. The bank says this would "likely take many years to achieve," and there's a "significant risk" of many firms not...

19.08.2025 4

Nick Lichtenberg

The ‘shadow AI economy’ is booming: Workers at 90% of companies say they use chatbots, but most of them are hiding it from IT

"This ‘shadow AI’ often delivers better ROI than formal initiatives and reveals what actually works for bridging the divide," MIT's Project NANDA...

19.08.2025 10

Nick Lichtenberg

Soho House goes private in $2.7 billion deal as Ashton Kutcher joins the board of the swanky members’ club

Founded in 1995, Soho House has never turned a profit.

18.08.2025 5

Nick Lichtenberg

Novo Nordisk slashes price of Ozempic in half to $499 for cash-paying, eligible U.S. patients

The previous out-of-pocket price was nearly $1,000.

18.08.2025 6

Nick Lichtenberg

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again

"It was extremely difficult," IgniteTech CEO Eric Vaughan tells Fortune. "But changing minds was harder than adding skills."

17.08.2025 20

Nick Lichtenberg

Trump’s unprecedented, potentially unconstitutional deal with Nvidia and AMD, explained: Alexander Hamilton would approve

Nvidia and AMD agreeing to give 15% of their China chips revenue back to the U.S. doesn't recall any deal ever struck by the U.S. government.

16.08.2025 10

Nick Lichtenberg

More outages, aging infrastructure, and a bicoastal dysfunction: BofA warns America’s grid is 30%-46% ‘beyond its useful life’

Bank of America Institute states a plain fact: "grid reliability is worse today than in the early 2000s."

15.08.2025 5

Nick Lichtenberg

Days after Intel CEO talks Trump called ‘highly conflicted,’ the federal government is reportedly negotiating a stake in the chips champion

Trump has called Intel CEO Lip-Bu Tan both "highly conflicted" and possessing "an amazing story."

15.08.2025 3

Nick Lichtenberg

Walmart, once ordered to ‘eat the tariffs,’ is giving employees a year-round 10% discount to help them eat

Walmart used to only give this discount to employees during the holiday season.

14.08.2025 4

Nick Lichtenberg

Another NBA blockbuster as Portland Trail Blazers sell to group led by billionaire Tom Dundon for reported $4.25 billion

The Dallas-based businessman plans to keep the team in Oregon, according to reports.

14.08.2025 3

Nick Lichtenberg

Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs

"We stand by the results of this study,” Goldman economist David Mericle told CNBC's Squawk on the Street on Wednesday.

14.08.2025 20

Nick Lichtenberg

Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries

Bessent called the deal “unique,” before suggesting that it could be a lot less unique soon. Scholars have another word: unprecedented.

14.08.2025 8

Nick Lichtenberg

The gap between higher and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says

Coming out of the pandemic, the Bank of America Institute's David Tinsley tells Fortune, "There was a narrowing of wealth inequality and now it's...

13.08.2025 5

Nick Lichtenberg

Ray Dalio was so broke early in his career he had to borrow $4,000 from his dad—and learned 2 key lessons that set him on the road to billionaire status

"Nobody does everything perfectly, not even Warren Buffett," Dalio told David Rubenstein in conversation at the 92nd Street Y.

13.08.2025 20

Nick Lichtenberg

‘Maybe, he ought to just focus on being a DJ’: Trump rips Goldman Sachs CEO, chief economist for research showing Americans eating the tariffs

Trump insisted "Trillions of Dollars are being taken in on Tariffs.” Several sources calculate the trillion-dollar mark to be years away.

13.08.2025 5

Nick Lichtenberg

Trump’s BLS appointee suggests suspending jobs report entirely until methods of data collection are ‘corrected’

"It’s a serious problem that needs to be fixed immediately," E.J. Antoni told Fox Business, adding that he may switch to a quarterly report.

12.08.2025 3

Nick Lichtenberg

Trump is bringing in so much revenue from tariffs that it’s seriously reducing the $37 trillion national debt

It's the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.

12.08.2025 2

Nick Lichtenberg

Disney adds to sports streaming war chest with ESPN/Fox bundle priced at $39.99 per month

You can save $10 a month by signing up for this bundle, instead of ESPN’s and Fox’s separate stand-alone services, debuting in August.

12.08.2025 10

Nick Lichtenberg

Are U.S. stock markets ‘whistling past the graveyard?’ Stifel takes a close look at the great American ‘money illusion’

With the American consumer running out of breath amid an economic slowdown in the second half of 2025, Stifel sees a selloff of 10% or more in the S&P...

11.08.2025 3

Nick Lichtenberg

4 reasons why White House AI czar David Sacks says ‘the doomer narratives were wrong’ and humans are still the ones driving the train

AI can't really think for itself, the venture capitalist wrote, adding that models need context, must be heavily prompted, and their output must be...

11.08.2025 2

Nick Lichtenberg

Sam Altman says Gen Z are the ‘luckiest’ kids in history thanks to AI, despite mounting job displacement dread

The OpenAI CEO said he's more worried for 62-year-olds than 22-year-olds, because they often don't "want to go retrain or reskill or whatever...

10.08.2025 3

Nick Lichtenberg

Top economist says it’s ‘panic season’ in markets and it’s your fault for taking summer vacation. Blame the ‘harvest time’ mentality

Owen Lamont, SVP at $150 billion fund Acadian, says "you need to be mentally prepared for an epic financial disaster over the coming three months,"...

10.08.2025 5

Nick Lichtenberg

Sweetgreen’s CEO is beefing up protein portion sizes because corporate America is demanding more from $16 sad desk salads

The urban salad chain, which dominated the zeitgeist of the 2010s, cut its annual outlook the last two quarters consecutively.

10.08.2025 20

Nick Lichtenberg

‘Something weird’s going on’ in the economy as 6 new economic classes take shape, says New York Times bestselling author

In the new American economy, the poor own cars, the middle class own homes and the rich own businesses. Nick Maggiulli, author of "The Wealth Ladder,"...

09.08.2025 10

Nick Lichtenberg

The day after Trump called Intel’s chief ‘conflicted,’ former directors call for a new company, a new board and a new CEO

A group of four former Intel board members called for Intel to split its chip manufacturing assets into a new independent company, supported by U.S....

08.08.2025 3

Nick Lichtenberg

Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies

It all comes down to the labor market, immigration and tariffs. What is really going on in terms of how many workers are available?

08.08.2025 5

Nick Lichtenberg

Airbnb embraces a paradox: CEO Brian Chesky says hotels are the future

"We're going to be going significantly more aggressively into hotels," CEO Brian Chesky told analysts. Meanwhile, investors sent shares down roughly...

08.08.2025 8

Nick Lichtenberg

Krispy Kreme terminates McDonald’s partnership citing ‘unsustainable operating costs’ of $28.9 million

Krispy Kreme stock is down nearly 70% since January.

08.08.2025 20

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Nvidia CEO Jensen Huang says AI will ‘probably’ bring 4-day work weeks: ‘Every industrial revolution leads to some change in social behavior’

Nick Lichtenberg

Survey reveals not only an ‘AI readiness gap’ but also an emerging phenomenon of ‘AI shame’ in the workplace—especially in the C-suite

Nick Lichtenberg

New home inventory is at its highest level since just before the housing market collapse that led to the Great Recession, but that doesn’t mean it’s the same market

Nick Lichtenberg

Over half of professionals are so annoyed by AI trainings they say it feels like a second job, LinkedIn survey finds

Nick Lichtenberg

With markets on edge over AI bubble fears, chip stocks shudder as investors send Nvidia down 3% despite 56% growth in data center revenue

Nick Lichtenberg

This ‘economic sugar high’ won’t last, CRFB warns, touting analysis predicting long-term stagnation and $600 billion of annual borrowing through 2028

Nick Lichtenberg

Streaming has Americans more glued to their screens than ever, but it could all come crashing down in the case of a ‘content recession,’ BofA says

Nick Lichtenberg

The markets’ reaction to Trump hides a darker truth that puts the American economy at risk, Piper Sandler warns

Nick Lichtenberg

First-of-its-kind Stanford study says AI is starting to have a ‘significant and disproportionate impact’ on entry-level workers in the U.S.

Nick Lichtenberg

Gen Z is adopting ‘career minimalism,’ killing off the ladder for a ‘lily pad’ mentality, Glassdoor says

Nick Lichtenberg

‘Job-huggers’ sense trouble brewing in the jobs market as BofA flags wage growth stalling for switchers for the first time since 2010

Nick Lichtenberg

Trump is bringing in enough revenue from tariffs to cut deficits by $4 trillion over the next decade, CBO says

Nick Lichtenberg

‘It’s almost tragic’: Bubble or not, the AI backlash is validating what one researcher and critic has been saying for years

Nick Lichtenberg

BofA sees the replacement of people with process solving the ‘productivity paradox,’ because ‘a process is almost free and it’s replicable for eternity’

Nick Lichtenberg

Markets worldwide start going on a tear after Jerome Powell signals he’s open to a September rate cut

Nick Lichtenberg

‘The nation’s finances have deteriorated’ since Trump took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit

Nick Lichtenberg

How AI darling Palantir became the S&P 500’s best and worst stock of 2025, climbing 144% before shedding value in 6 straight sessions

Nick Lichtenberg

CEOs at America’s 100 largest low-wage employers are paid 632 times more than the average worker, study finds

Nick Lichtenberg

The Great Resentment: Bosses are lording over workers as revenge for the Great Resignation when they had to hand out once-in-a-generation raises

Nick Lichtenberg

Tesla shareholder group urges probe, ‘appropriate remedial action’ from Nasdaq over Elon Musk’s $29 billion pay package

Nick Lichtenberg

Gen Z wants to have their AI cake and eat it, too: KPMG intern survey reveals a generation that wants to have things both ways

Nick Lichtenberg

The ‘Ghosts of 2007’ and the graybeard ‘Nifty 50’: BofA looks at the rare situation in markets and finds ominous parallels to the GFC and the dotcom bubble

Nick Lichtenberg

The AI revolution will cut nearly $1 trillion a year out of S&P 500 budgets, Morgan Stanley says—largely from agents and robots doing human jobs

Nick Lichtenberg

The ‘shadow AI economy’ is booming: Workers at 90% of companies say they use chatbots, but most of them are hiding it from IT

Nick Lichtenberg

Soho House goes private in $2.7 billion deal as Ashton Kutcher joins the board of the swanky members’ club

Nick Lichtenberg

Novo Nordisk slashes price of Ozempic in half to $499 for cash-paying, eligible U.S. patients

Nick Lichtenberg

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again

Nick Lichtenberg

Trump’s unprecedented, potentially unconstitutional deal with Nvidia and AMD, explained: Alexander Hamilton would approve

Nick Lichtenberg

More outages, aging infrastructure, and a bicoastal dysfunction: BofA warns America’s grid is 30%-46% ‘beyond its useful life’

Nick Lichtenberg

Days after Intel CEO talks Trump called ‘highly conflicted,’ the federal government is reportedly negotiating a stake in the chips champion

Nick Lichtenberg

Walmart, once ordered to ‘eat the tariffs,’ is giving employees a year-round 10% discount to help them eat

Nick Lichtenberg

Another NBA blockbuster as Portland Trail Blazers sell to group led by billionaire Tom Dundon for reported $4.25 billion

Nick Lichtenberg

Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs

Nick Lichtenberg

Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries

Nick Lichtenberg

The gap between higher and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says

Nick Lichtenberg

Ray Dalio was so broke early in his career he had to borrow $4,000 from his dad—and learned 2 key lessons that set him on the road to billionaire status

Nick Lichtenberg

‘Maybe, he ought to just focus on being a DJ’: Trump rips Goldman Sachs CEO, chief economist for research showing Americans eating the tariffs

Nick Lichtenberg

Trump’s BLS appointee suggests suspending jobs report entirely until methods of data collection are ‘corrected’

Nick Lichtenberg

Trump is bringing in so much revenue from tariffs that it’s seriously reducing the $37 trillion national debt