BNY’s John Velis highlights uncertainty around Federal Reserve (Fed) leadership as Kevin Warsh faces Senate confirmation hearings. Political conditions could delay his appointment, while Jerome Powell has pledged to stay as Chair pro tempore until an investigation concludes. Prediction markets assign low odds to a swift transition, leaving policy continuity…
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A few years ago, Song Ma, a professor of finance and entrepreneurship at Yale, found himself torn between two competing ideas about the state of the workplace.The first was that the #MeToo movement had generated a powerful wave of reforms to protect victims of abuse. Starting in 2018, states including California, New York, and Washington had passed laws to weaken non-disclosure agreements, which had long been used to silence victims of harassment at work. In…
US President Donald Trump said that operation Midnight Hammer was a complete and total obliteration…
Across China, a new kind of digital worker is clocking in.They’re called “lobsters,” shorthand for…
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The Onion has a new plan to take over Infowars — and the CEO of the satirical news site it goes well beyond owning Alex Jones. Loading audio narration… “We have grand designs,” Ben Collins, CEO of the Onion, told Business Insider. He said they want to turn the conspiracy…
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Apple’s senior vice president of Hardware Engineering, John Ternus, is set to take over as the tech manufacturer’s CEO later this year after current chief executive Tim Cook announced on Monday that he would be stepping down. Cook will transition to executive chairman of the company’s board of directors. The…
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Project Prometheus, the secretive AI startup cofounded by Jeff Bezos, is raising around $10 billion in fresh funding at a post-money valuation of around $38 billion, according to multiple sources. Loading audio narration… The round is still in progress, and details could change. If completed, it would be the company’s…
