What the likely first rate cut of 2025 means for Americans Summary The Federal Reserve is widely expected to announce its first interest-rate cut of 2025 at its September meeting, after months of cooling job growth, a slight rise in unemployment and inflation that has crept up again. Markets are pricing in a near-certain cut, […]
Microsoft is close to getting a giant new equity stake in OpenAI. It could be worth at least $150 billion. Summary Microsoft is poised to receive a very large new equity stake in OpenAI after the startup said it will restructure into a for-profit public benefit corporation. The shift creates tradable stock and clears the […]
A Goldman partner on getting sidelined Summary Sara Naison-Tarajano, a partner at Goldman Sachs and global head of private wealth management capital markets (and head of Goldman Sachs Apex), credits competitive sport for shaping her Wall Street career. A defining childhood episode — nearly being forced off a boys’ basketball team in Park Slope — […]
Defence Tech Companies Are Courting Fans With Merch and Vibes Summary Companies such as Anduril, Palantir and startups like Allen Control Systems are turning branded clothing and limited-run items into a cultural play — selling cheeky, meme-friendly merch that doubles as marketing, recruitment and PR. Author style: Punchy — this piece shows how a once-taboo […]
OpenAI hires xAI’s former finance chief Summary OpenAI has hired Mike Liberatore, who briefly served as chief financial officer at Elon Musk’s xAI, as a senior finance executive. Liberatore will report to OpenAI CFO Sarah Friar and work closely with Greg Brockman’s team on contracts and the company’s compute strategy. His arrival follows a short […]
I’m Done Being a Girlboss. I Was Chasing a Goal That Wasn’t Mine. Summary Henley Carr, a 28-year-old advertising professional, recounts shifting her life priorities from career ambition to motherhood. Once driven by male validation, a high-paying director role and the identity of being the primary breadwinner shaped her sense of self. After a miscarriage […]
Jeni’s Splendid Ice Creams to open franchised locations Summary Jeni’s Splendid Ice Creams is recruiting franchisees for the first time, aiming to open franchised scoop shops in the Midwest and the Southeast — regions where it already runs company-owned stores. The company operates about 90 scoop shops today and plans a careful rollout, supporting an […]
OpenAI foresees millions of AI agents ‘somewhere in the cloud’ in just a few years — with human supervision Summary OpenAI executives outlined a near-term vision in which vast numbers of autonomous AI agents run in the cloud and in companies’ data centres, supervised and steered by humans. The company unveiled GPT-5 Codex, a model […]
Getting laid off from tech broke my heart. A job seeker support group helped me bounce back with a senior Fortune 100 role. Summary Amy Ma, a data scientist in her 30s from New Jersey, was laid off while five months pregnant. After giving birth she joined an online “job search council” inspired by Phyl […]
Forget woke chatbots — an AI researcher says the real danger is an AI that doesn’t care if we live or die Summary Eliezer Yudkowsky, founder of the Machine Intelligence Research Institute and author of If Anyone Builds It, Everyone Dies, warns that the true existential risk from AI is not biased or “woke” chatbots […]
