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Latest stories, analysis, and insights from the world of business.

Gen Z founders are hiring while Boomers' corporate America freezes out—'I've already proven to myself that I can thrive in this'

Gen Z and millennial small business owners are ramping up hiring and investment while older generations retrench, with 46% of young owners planning to increase staff compared to just 19% of boomer-aged owners, revealing a stark divide in entrepreneurial confidence.

October 16, 20265 min
gen-zentrepreneurshipsmall-business

Fed's Warsh withholds rate signal, praises recent global tightening with 'no free riders'

Federal Reserve Chairman Kevin Warsh refrained from signaling another interest rate hike this month while acknowledging global central banks are engaged in synchronized monetary tightening with "no free riders." Warsh also expressed optimism about AI's productivity benefits while warning the development path will be "very bumpy."

October 16, 20263 min
federal-reserveinterest-ratesmonetary-policy

Banks say Healey planning to increase tax on their profits in Budget

Senior banking executives expect the sector to face higher taxes in the upcoming Budget, with Chancellor John Healey refusing to rule out raising levies on bank profits as the sector reported £15bn in profits in the first half of 2026.

October 16, 20264 min
bank-taxbudget-2026john-healey

Top Skechers Coupon Codes: 20% Off

Discover the best Skechers coupon codes and promo codes to save on comfortable sneakers, athletic apparel, and accessories, including up to 20% off discounts and student/military offers.

October 16, 20264 min
skechers-couponsdiscount-codespromo-codes

ADP CEO Maria Black says employees who trust their CEO and senior leaders are 41% more likely to be engaged at work

ADP CEO Maria Black reveals that employees who trust their leadership are significantly more likely to be engaged at work, with trust emerging as a direct driver of employee engagement and productivity.

October 16, 20264 min
employee-engagementtrust-leadershipadp-ceo

Fed's Warsh withholds Fed rate signal, praises recent global tightening with 'no free riders'

Federal Reserve Chairman Kevin Warsh refrained from signaling whether there will be another interest rate hike this month while acknowledging synchronized global monetary tightening with "no free riders." He also expressed optimism about artificial intelligence's long-term economic impact, warning the transition path will be "very bumpy."

October 16, 20263 min
federal-reserveinterest-ratesmonetary-policy

ADP CEO Maria Black Says Employees Who Trust Their CEO Are 41% More Likely to Be Engaged at Work

ADP CEO Maria Black reveals that employees who trust their senior leaders are 41% more likely to be engaged at work, positioning leadership trust as a critical driver of workplace engagement and retention.

October 16, 20265 min
employee-engagementworkplace-trustadp-ceo

Supermicro finally hires new CFO after $2.5 billion smuggling case and co-founder's arrest

Supermicro has appointed Mark Long as its new CFO after nearly two years of searching, as the hardware company grapples with a $2.5 billion smuggling case involving co-founder Wally Liaw and export-controlled Nvidia chips illegally routed to China.

October 16, 20266 min
supermicrocfosmuggling

Netflix Chief Content Officer Bela Bajaria is leaving, will be replaced by Peter Rice

Netflix announced that Bela Bajaria will step down as chief content officer after nearly 10 years with the company, with former Disney executive Peter Rice taking over the role effective October 26.

October 16, 20262 min
netflixexecutive-changespeter-rice

Banks say Healey is planning Budget tax raid on their profits

Senior banking executives expect the UK sector to face additional taxes in the upcoming Budget, with Chancellor John Healey refusing to rule out measures targeting the £15bn in profits made by the four largest banks in the first half of the year.

October 16, 20264 min
bank-taxuk-budgetjohn-healey

U.K. Sanctions Cryptomus for RU Money Laundering

The United Kingdom has issued economic sanctions against Cryptomus, a cryptocurrency platform serving as a major conduit for ransomware payments, narcotics, and cybercrime services helping Russia circumvent financial restrictions.

October 16, 20265 min
cryptomussanctionsmoney-laundering

Two Syrian pipelines damaged amid spate of attacks on energy infrastructure

Syria's state-owned petroleum company reported damage to two pipelines carrying oil and gas in separate incidents, marking the latest disruptions to the country's energy infrastructure following a series of suspected sabotage attacks.

October 16, 20263 min
syriapipeline-attacksenergy-infrastructure

Netflix Chief Content Officer Bela Bajaria is leaving, will be replaced by Peter Rice

Netflix announced that Bela Bajaria will be replaced as chief content officer by former Disney executive Peter Rice, effective October 26. Rice previously oversaw Disney's cable channels, news programming, and major sporting events coverage.

October 15, 20263 min
netflixbela-bajariapeter-rice

Supermicro hires a new CFO after $2.5 billion Nvidia smuggling case and a 2-year search

Supermicro has finally appointed Mark Long as its new CFO after nearly two years of searching, as the troubled hardware company grapples with a $2.5 billion smuggling case involving co-founder Wally Liaw and illegal diversion of Nvidia chips to China.

October 15, 20266 min
supermicrocfo-appointmentsmuggling-case

'You don't want rogue agents': Jamie Dimon bars outside AI agents like Meta's Muse from JPMorgan accounts

JPMorgan Chase CEO Jamie Dimon announced the bank is blocking outside AI agents from accessing customer accounts, citing security risks from rogue agents. The move complicates Meta's Muse strategy and raises concerns about AI-managed finances across the banking industry.

October 15, 20265 min
ai-agentsjpmorgan-chasecybersecurity

CoreWeave credit default swaps hit distress levels as investors sour on AI debt

CoreWeave's credit default swap spreads have widened to distress levels as investor sentiment deteriorates over the company's $51 billion debt load and concerns about AI infrastructure spending without sufficient operating cash flows.

October 15, 20265 min
coreweavecredit-default-swapsai-debt

Banks say Healey is planning Budget tax raid on their profits

Senior banking executives expect the UK Treasury to impose additional taxes on the sector in the upcoming Budget, with the government considering raising bank profit levies as the four largest banks collectively earned around £15bn in the first half of the year.

October 15, 20264 min
bank-taxuk-budgetjohn-healey

Airbnb CEO Brian Chesky says he writes just one email a week because it's 'inferior' to texting

Airbnb CEO Brian Chesky reveals he writes barely one email per week, viewing text messages as superior communication that feels less like work. While some CEOs embrace constant connectivity with staff, research shows younger workers increasingly quit over out-of-hours contact demands.

October 15, 20264 min
brian-cheskyairbnbemail

Nvidia, AMD, Dell sell-off in global tech rout on AI funding worries

Nvidia, AMD, Intel, and Dell shares plunge as AI and semiconductor stocks globally shed over $1 trillion in value this week amid concerns that higher borrowing costs could strain massive capital spending required for AI infrastructure buildout.

October 15, 20266 min
ai-stockssemiconductor-sell-offnvidia

Kalshi cofounder says having no VPs has been key to the company's explosive growth

Kalshi cofounder and COO Luana Lopes Lara credits the prediction market's flat organizational structure without VPs as the key to rapid decision-making and explosive growth that has put the company on track for $4 billion in annualized revenue.

October 15, 20264 min
kalshiprediction-marketsstartup-growth
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