Author: Editor

As Christmas approaches, Walmart is giving shoppers something pretty much everyone can use: a little more time.Imagine you’re just arriving to Christmas Eve dinner with your in-laws and your niece says she’s been wanting a talking plush Bluey doll.You find it in your Walmart app, place the order in a tap, and by the time dessert is ready, your gift is at the doorstep. (You can even get the whipped cream you forgot to bring for the pie, too.)Such last-minute shopping options are becoming increasingly possible as major retailers make a big push into ultrafast delivery.Case in point: Walmart told…

Pilot, an AI-powered bookkeeping and advisory provider for small- to midsized businesses and startups, today launched a partner program.The Local Partner Program provides Pilot’s software and automation capabilities, as well as advisory services and sales enablement tools, to independent bookkeepers and accounting firms. It also connects its partners with pre-qualified prospects to help grow their businesses, managing the lead-generation process by matching bookkeepers with customers based on specialties and locations.  “Small businesses make up more than half of the private sector, yet many struggle in their first five years because they lack the financial visibility and support needed to make…

Regional bank Fifth Third on Tuesday announced a deal making fintech firm Brex the provider of its commercial cards and expense management tools for business clients. The program will run on Brex’s embedded payments platform, which lets banks issue corporate cards and automate expense reporting using artificial intelligence tools, the companies said in a release.The move shows how some banks are choosing to partner with fintech firms rather than building their own platforms to keep up with clients’ evolving technology expectations. Fifth Third is in the process of acquiring Comerica, a deal expected to make it the ninth largest U.S.…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.The recovery in commercial real estate has been slow and bumpy, much like interest rate policy over the past few years. The two, of course, are deeply connected. After gaining significant momentum coming out of the pandemic, this year has been rough. October was the first month of negative year-over-year…

Target has turned its store in New York City’s SoHo neighborhood into a unique concept store. Inside of an area that resembles the company’s Bullseye logo, the company has “The Drop,” a rotating display of seasonal styles and curated items.Courtesy of TargetIn one of New York City’s most fashion-forward neighborhoods, Target is unveiling its latest effort to keep up with trends and lead the way on style. The Minneapolis-based retailer, which is in the middle of a turnaround effort and on the cusp of a CEO change, gave a makeover to its big-box store in SoHo at 600 Broadway.The one-of-a-kind…

Last year, my dad retired from his insurance job of 30 years. At 65, he said he’d done the desk job long enough and was ready to get out and about.It was a combination of all the sitting and the feelings he had about selling insurance that caused him to leave — when he began, it felt like he was helping people. Then at some point, he started to feel like he was working for The Man. He worked until he was old enough to retire, then got two part-time jobs doing busy work around town.”Toward the end, I wasn’t…

If you had to pick a defining driver of the stock market over the first several months of 2025, it would probably be President Donald Trump’s tariffs.Then the middle section of the year was overtaken by the red-hot AI trade, which pushed the S&P 500 more than 20% higher from May through October.Since late October, however, there’s been one indisputable driver of stock returns in the US: the Federal Reserve. With the central bank set to start its two-day policy meeting today — and with its next interest-rate decision due tomorrow — it’s rightfully commanding the majority of investor attention.Since…

Tiger Global’s latest private investment fund will raise substantially less money than its predecessors from 2021 and 2022, but the $50 billion asset manager isn’t worried.The firm is expected to raise close to $2 billion for PIP 17, a person familiar with the manager told Business Insider.That’s a fraction of what PIP 14 and PIP 15 raised and aligns more closely to PIP 16, which closed in early 2024 with $2.2 billion in assets after aiming initially for $6 billion.While smaller fundraises typically coincide with a decline in investor interest, Tiger Global is confident that the size of the new…

The ultrafast delivery wars are heating up.Amazon said last week that it’s testing a 30-minute delivery option in Seattle and Philadelphia, while Walmart said it managed to fulfill a Black Friday order in 10 minutes and is expanding its drone service to the Atlanta area.The race is on to get online orders to shoppers’ doorsteps as fast as possible, but we can’t help but wonder as companies pour money into the infrastructure to support it: Is 30-minute delivery overhyped or under-appreciated?Business Insider’s senior retail reporters Alex Bitter, who primarily covers gig work apps and groceries, and Dominick Reuter, who mainly…

Johnny C. Taylor, CEO of the Society for Human Resource Management, was heading to the trade group’s annual holiday party on December 5 when he received bad news.In a video sent to SHRM staff, Taylor described learning that a Colorado jury had just hit the organization with an $11.5 million verdict in an employee discrimination and retaliation case.”While as a lawyer, you all know, I respect the judicial process, we vehemently disagree with the decision,” Taylor said in the video, which was seen by Business Insider. He added that the case lacked merit and would go down as “just a…