This tiny country is giving $2,000 to every household as an Exxon oil boom supercharges its economy
Guyana’s government is tapping its newfound oil wealth to give $2,000 to every household. The world’s fastest-growing economy is handing the equivalent of $2,000 to every household as it works to share its newfound oil wealth and soften the sting of higher living costs. President Mohamed Irfaan Ali of Guyana, the South American country with…
I’m 72 and still form new habits — and break others. Making promises to others doesn’t work for me, but these 5 things do.
Louisa Rogers (not pictured) has learned how to form new habits. When I was a teenager, I developed a habit of repeatedly promising my mother I would go on a diet. It started years of power struggles; on the one hand, I wanted to make her happy, but on the other, a deeper part of…
California’s economic growth is slipping behind Texas as the Lone Star state draws corporate HQs and people
Texas’ economy is growing faster than California’s. California may boast the top economy in the country, but Texas is close on its heels. Since 2020, big-name companies and hundreds of thousands of residents have ditched California for Texas, and the Lone Star State’s economic growth has surpassed that of its coastal counterpart. California’s economy, while…
How Amazon is taking a Hollywood-style approach to its marketing
On Monday, Amazon is set to announce “Celebrity Substitute,” a new show with Julian Shapiro-Barnum, the 25-year-old comedian and actor of the online hit “Recess Therapy.” And while people may tune in to see Shapiro-Barnum, known for his rapport with kids, Amazon hopes they’ll come away thinking of Amazon as a force for good. “It…
Kamala Harris defends her economic plan and insists she won’t be more of Joe Biden in a tense interview with Fox News
Kamala Harris appeared on Bret Baier’s “Special Report” on Fox News. Kamala Harris faced off with the Fox News host Bret Baier on Wednesday — and things got tense quickly. Baier pressed Harris on policies he pinned on Joe Biden’s administration, hammering her on border security and citing a Marquette Law School Poll conducted earlier…
The LinkedIn laugh factoryHow did the networking platform turn into America’s hottest comedy club?
Ken Cheng doesn’t believe in giving his employees raises to boost productivity. He has a simpler solution: Take away their desk chairs. Without the ability to sit, workers are more alert and inspired, he wrote on LinkedIn. But that’s because Cheng isn’t really an executive. He’s a 35-year-old comedian in London who has crafted a…
Bank bosses aren’t worried about lower interest rates — and even see some upside
Citigroup CEO Jane Fraser highlighted some potential benefits of lower interest rates this week. Lending threatens to become far less lucrative for Wall Street’s biggest banks as interest rates fall. But executives don’t seem to be worried — and even spy some benefits from cheaper borrowing. The Federal Reserve cut its benchmark rate by 50…
Tim Cook is having a great week as Apple stock hovers within reach of record high
Wall Street analysts expect Apple to get a boost from the rollout of its generative AI features, called Apple Intelligence. Fall is shaping up to be good for Tim Cook as Apple rounds the corner into the holiday quarter. Shipments of iPhones — Apple’s cash cow — were estimated to be up 3.5% year-over-year for…
Chip giant TSMC reports blockbuster results even as questions over AI mania loom
Taiwan Semiconductor Manufacturing Company just reported a strong quarter. Chip giant Taiwan Semiconductor Manufacturing Company just reported strong growth, thanks to continued enthusiasm for artificial intelligence — even amid persistent questions over the return on investment from the technology. TSMC, the world’s largest contract chipmaker, reported a forecast-beating 54% rise in third-quarter net profit to…
