Author: Editor

Early on, AI can make workers more productive — helping them do more, faster — which tends to lift wages before automation starts to replace some of those jobs.But AI may already be pushing wages toward their peak, said Ioana Marinescu, an associate professor at Penn’s School of Social Policy & Practice and coauthor of a new Brookings Institution paper on “intelligence saturation.””We are over 14% automation,” she told Business Insider, citing her research. “This is closer to a potential decline in wages than no automation.” Her Brookings model suggests that as soon as roughly 37% of cognitive or “intelligence”…

A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | ReutersDETROIT — Ford Motor is partnering with Amazon to let the automaker’s franchised dealers sell certified preowned vehicles through the online retail giant.The new program will allow customers to secure financing, start paperwork and schedule a pickup time for the vehicles at participating Ford dealers, the companies announced Monday. Some steps, such as a final signature, may still need to be completed in person, Ford said.The deal comes two years after Amazon said it would allow auto dealers to…

Boxes of Ozempic and Wegovy made by Novo Nordisk at a pharmacy in London on March 8, 2024.Hollie Adams | ReutersNovo Nordisk on Monday said it has cut the direct-to-consumer prices of its blockbuster weight loss drug Wegovy and diabetes counterpart Ozempic, adding to efforts by the company and the Trump administration to make the treatments more accessible. The Danish drugmaker is lowering the price of the drugs for existing cash-paying patients to $349 per month from $499 per month. But Novo Nordisk said the cash-pay cost of the highest dose of Ozempic will remain $499 per month. Also on Monday, Novo…

Actor-entrepreneur Mark Wahlberg paid $37 million for a fully furnished mansion in Delray Beach, Florida last month. The deal piqued interest and prompted coverage from TMZ to the Architectural Digest, with most of the focus on the celebrity buyer.But aside from the name recognition, the home’s skyrocketing price over the past five years also makes it stand out.The actor’s transaction in October marks the home’s fourth sale in that same time period, and a dramatic 118% price increase from its sale in January 2020 when the fully furnished mansion traded for $17 million.The grand entrance to the almost 17,800 sq…

2025 Jeep Cherokee SUVStellantisAUBURN HILLS, Mich. — Jeep is betting Americans still love a good comeback story.It’s a mantra that’s reverberating through the quintessential SUV brand — from its CEO to a marketing campaign with LL Cool J — following yearslong sales and market share declines that have taken a toll on Jeep and its parent company, Stellantis.”This isn’t just a comeback. This is the Jeep brand reclaiming a segment we invented and defined,” Jeep CEO Bob Broderdorf said during a recent media event.Jeep has been in a rut this decade, despite the brand’s well-known off-road capabilities that have carried…

Many people may learn about AI by playing around with ChatGPT. The superrich may learn by flying their entire family to an educational course at an Ivy League university.In hourlong conversations, some of JPMorgan’s wealthiest clients revealed how they’re using AI in their personal and professional lives. Of the 111 billionaire principals, 79% said they use the technology in their personal lives, and 69% said they use it in their businesses.Some of their use cases are to be expected: writing and research, travel planning, administrative tasks, and data analysis. Yet the ultra-rich clients, whose combined net worth tops $500 billion,…

This as-told-to essay is based on a conversation with Laura Zimmermaker, who is in her 40s and lives in California. It’s been edited for length and clarity.I was a director at a Series A health tech SaaS platform, managing a team and the strategy for a global clinician network. I worked at the startup for just under two years, moving to a different role during one reorg, and then later getting laid off.It was my first layoff, but I’d been out of work before, and I wasn’t new to the shame of not having a job and trying to figure…

Millennium is an institution.The hedge fund, with $81 billion in assets, has been around for a while. In a 2024 letter to investors, billionaire founder Izzy Englander said the firm “is far too large and intricate for a single individual to manage.”A onetime potential successor to Englander — Jain Global founder Bobby Jain — was replaced by a four-person office of the CIO. The firm has CEOs for its EMEA and APAC businesses. There is no key-man clause for investors in the firm, meaning backers cannot pull their capital when Englander retires or leaves — a sign limited partners are…

This as-told-to essay is based on a conversation with Annie Liao, the 24-year-old startup founder of Build Club, who is based in San Francisco. It’s been edited for length and clarity.After raising $1.75 million in funding for my AI startup last year, I quit my chief of staff job at a Series B startup and moved to San Francisco to go all in as a solo founder.The startup I used to work for had three co-founders, and I saw how they relied on each other for opinions and advice. If one person were sick, the other two could pick up…

No Google, no problem.Search traffic to many digital publishers is falling, but a new guard of media companies isn’t worried.The Bulwark is one of them. Jonathan V. Last, the top editor at the center-right news and opinion site, said search was “at the very, very bottom” of his publication’s growth drivers. The Bulwark, which launched in 2018, has become a prominent publisher on Substack and YouTube by leveraging anti-Trump sentiment among Republicans.”Google going to zero will not impact us at all,” Last said.”Google Zero,” an imagined future in which Google stops sending web surfers to external sites and answers all…