Author: Editor

Fabletics denim.Courtesy: FableticsAthletic apparel maker Fabletics is launching its first denim collection, signaling the once hot athleisure category is starting to slow down, the company announced Tuesday. The collection, launching online and in select stores on Thursday, will include 11 styles and seven washes across both women’s and men’s. Items will be priced between $79.95 and $174.95, depending on whether shoppers are members of Fabletics’ subscription program. “We’ve had over a million of our customers tell us that if Fabletics offered denim, they’d be highly interested in it, and that’s really what got us started on our journey of expanding into the…

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A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty ImagesSpirit Airlines is calling back all furloughed pilots after higher-than-expected attrition has strained its operation, according to a company memo, which was reviewed by CNBC.The budget carrier said late last month that it plans to further cut its schedule and emerge from Chapter 11 bankruptcy in late spring or early summer. It was the airline’s second bankruptcy filing in less than a year.Spirit Airlines furloughed hundreds of pilots in 2024…

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When prestige hair care brand Olaplex first debuted on the Nasdaq in late 2021, it surpassed pricing predictions and gained momentum fast.The company opened at $25 per share, an increase from its initial public offering pricing estimates. It was part of a broader group of retailers that went public that year amid an IPO boom. Olaplex hit its all-time high just a few months after its public debut, reaching a price of $29.41 on Jan. 3, 2022.But that run didn’t last long.Since its IPO, Olaplex’s stock performance has plunged drastically, losing nearly 95% of its value. The S&P 500, meanwhile,…

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2026 Jeep Cherokee.Courtesy: StellantisDETROIT — Jeep maker Stellantis is leaning on technologies from automotive suppliers for its newest hybrid SUVs as the market for more fuel-efficient vehicles is expected to continue growing, CNBC has learned.The trans-Atlantic automaker’s first-ever Jeep hybrid SUV for North America, its recently launched Cherokee, features a system from a Toyota-backed company called Blue Nexus, while its upcoming extended-range electric vehicles, or EREVs, are utilizing major technologies from Bosch, the world’s largest automotive supplier.It’s not uncommon for automakers to use components from suppliers, but it’s less common for key systems or technologies, especially ones pioneered by a…

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Bobbi Brown said she felt defeated when Estée Lauder cut her creative contract at her namesake brand in 2016. Loading audio narration… The brand didn’t technically fire her, but she equates the two. The beauty conglomerate cut her work contract while offering to allow her to remain the face of the company. Brown, as a result, said she felt like she had no choice but to leave.”I felt like such a loser,” Brown told Business Insider. While few people experience this exact sort of exit, there are lessons anyone can learn from Brown’s story. Losing your job — and figuring…

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Engineering diplomas are paying off for millennials.The Federal Reserve Bank of New York examined 73 college major groups using Census Bureau data from 2024. The Fed’s analysis showed 21 majors had six-figure median wages at the mid-career stage, defined as 35- to 45-year-olds.Many of the top 10 were engineering fields, with chemical, computer, and aerospace studies having the highest median wages.”Engineering jobs often require rigorous coursework if not a higher degree, and the scarcity of qualified engineers means employers are willing to pay high wages,” Daniel Zhao, the chief economist at Glassdoor, said. “Notably, the engineering field with the lowest…

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The passage of the One Big Beautiful Bill Act in 2025 included the creation of a new type of individual retirement account called Trump Accounts. These accounts are designed to be tax-advantaged, long-term savings vehicles for families to leverage on behalf of children born in the US between 2025 and 2028.Seemingly even better than the tax benefits is the fact that the accounts include a $1,000 government deposit when they’re opened. Families can also make annual contributions of up to $5,000, which can be invested until the child turns 18.This benefit caught my eye — I’m a financial planner with…

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Silicon Valley has long competed for talent with ever-richer pay packages built around salary, bonus, and equity. Now, a fourth line item is creeping into the mix: AI inference.As generative AI tools become embedded in software development, the cost of running the underlying models — known as inference — is emerging as a productivity driver and a budget line that finance chiefs can’t ignore.Software engineers and AI researchers inside tech companies have already been jousting for access to GPUs, with this AI compute capacity being carefully parceled out based on which projects are most important. Now, some tech job candidates…

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Mahmoud Khalil, the former Columbia University graduate student known for his role in the 2024 Columbia University pro-Palestinian protests, is now at the center of a legal battle against the Trump administration’s deportation policies. Stephanie Keith/Getty Images hide caption toggle caption Stephanie Keith/Getty Images Last year, Mahmoud Khalil helped his wife pick out a name for their baby while he sat in immigration detention. For more than 100 days, Khalil waited in immigration custody to learn if he would be allowed to live in the U.S. with his son, whose birth he missed, or be sent to a country he…

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He hit a tech trifecta, working at Google, Meta, and OpenAI. He has some advice for finding success in Big Tech.Michael Bolin is the tech lead on Codex, OpenAI’s coding assistant. Before joining Sam Altman’s AI giant in 2024, Bolin spent almost 12 years at Meta, per his LinkedIn. Before that, he worked at Google on tools that have stood the test of time, like the company’s Calendar.On “The Peterman Pod,” Bolin shared three steps for making an impact in Big Tech. While they’re certainly helpful at companies like Google and Meta, the tips extend well beyond Silicon Valley to…

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