Zillow released its annual list of “most popular cities” this week, and the Northeast dominated for the second year in a row—Connecticut alone took four spots in the top 10. To create the list, Zillow analyzed housing metrics (consumer demand, including page-view traffic, home value growth, and how quickly homes sell). The most popular city...
While Amazon is delaying its January 2 return-to-office (RTO) mandate for thousands of employees because of a lack of office space, two other companies are following the tech giant’s lead and implementing strict back-to-the-office mandates. AT&T and Sweetgreen are telling non-frontline staff to come into the office more often in the new year, per Bloomberg....
MacKenzie Scott announced Wednesday in a blog post that she has donated $2 billion this year to 199 organizations. The 54-year-old billionaire philanthropist has now given away a total of $19.2 billion since 2019, per AP. About 75% of the organizations that Scott has donated to this year are nonprofits focused on economic security and...
Federal Reserve officials cut the federal funds rate, or the borrowing rate that banks charge each other, by 25 basis points or 0.25% on Wednesday. The central bank’s rate-setting committee, the Federal Open Market Committee (FOMC), announced Wednesday that the target range for the federal funds rate was now 4.25% to 4.5%. Federal Reserve chair...
There might be one car that stands out more than a Cybertruck — and the chance to drive it for a year is now open. Kraft Heinz and Oscar Mayer are hiring “Hotdoggers” to hit the highway in the company’s 27-foot-long mobile hot dog, affectionately known as the Oscar Mayer Wienermobile. What Is a Hotdogger?...
Barbara Corcoran chooses to fly coach on airplanes, even though the self-made multimillionaire and “Shark Tank” investor can afford first-class tickets. In an episode of The Jamie Kern Lima Show that aired last week, Corcoran explained why she flies coach. Her rationale started with the incredulous question, “Do you know what a first-class ticket costs?”...
Imagine typing a question into a search engine and getting an in-depth, conversational answer with links to sources. There’s no need to click on multiple websites to find an answer; it’s all laid out for you. That’s the reality as of Monday when ChatGPT Search went live for all users with an OpenAI account. OpenAI...
A year ago, the “buy now, pay later” financing company Klarna stopped hiring new employees. Now Klarna is incentivizing its remaining employees to stay, and work harder, by promising higher pay related to AI improvements. “By not hiring, we’re simply shrinking,” Klarna CEO Sebastian Siemiatkowski explained in an interview with Bloomberg on Thursday. 1,000 people...
The CEO and founder of Japanese telecom and investment group, SoftBank, Masayoshi Son, visited Palm Beach, Florida, on Monday to visit President-elect Donald Trump at the “Winter White House.” There, CNBC first reported, Son announced a $100 billion investment to create at least 100,000 jobs over four years in the U.S. focusing on AI and...
The next big feature that prompts iPhone users to upgrade may not be Apple Intelligence, Apple’s suite of AI updates, but foldability. According to Sunday reports from the Wall Street Journal and Bloomberg, Apple is planning on adding two foldable devices as early as 2026 to its iPhone and iPad lineup. The first would be...