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If you’re one of the millions of unemployed Americans looking for work right now, it’s clear the job market is tough.Data from the Bureau of Labor Statistics shows that in August, the number of job seekers outpaced available openings in the US for the first time since April 2021. The shift comes amid a wave of layoffs this year across major employers, including Amazon, Meta, and GM.For many out-of-work Americans, it’s easy to feel discouraged — but there’s still hope. WalletHub has ranked the best and worst cities in the US for job hunters, showing where your odds might be…
Oils containing CBD (Cannabidiol).Geoffroy Van Der Hasselt | AFP | Getty ImagesCannabis stocks could be poised for a rally after years of stagnation, fueled by investor optimism over the possibility for new federal rules for hemp-derived products and signals that President Donald Trump could take a more permissive stance on marijuana.Publicly traded cannabis companies have seen their share of ups and downs. Verano Holdings reported earnings Wednesday that saw revenues of $203 million, up slightly from the previous quarter but down 6% year-over-year. However, Verano posted a net loss of $44 million, partly due to a $5 million impairment charge…
Scott Adelson didn’t expect to be sitting in this seat right now.”I’m probably an accidental investment banker,” the CEO of Houlihan Lokey — which has become one of Wall Street’s busiest investment banks by deal volume — said in an interview with Business Insider in September.After earning an MBA from the University of Chicago Booth School of Business, Adelson started a small business and expected to spend his career building companies, not advising them. But when he joined a roughly 30-person valuation shop in Los Angeles in 1987, he thought he was making just a brief stop in the world…
This is an as-told-to essay based on a conversation with Rob Simmelkjaer, CEO of New York Road Runners, the nonprofit that puts on the TCS New York City Marathon. With more than 55,000 runners in 2024, the New York City Marathon is the largest marathon in the world. The 2025 race is set for November 2. This story has been edited for length and clarity.I was born in Manhattan and grew up in the New York area, and I’ve always been a runner.I decided the year I graduated from law school in 1997 that I really wanted to run the…
A chief investment officer told Business Insider there’s one thing about tariffs she’s watching really closely because of its potential impact on consumers: the closure of the so-called de minimis loophole.The de minimis exemption, which allowed packages worth under $800 to enter the country duty-free and without undergoing the formal customs process, ended in August.This closure could have major impacts for US consumers, Sinead Colton Grant, chief investment officer at BNY Wealth, told Business Insider in an interview.”The thing that we are watching really closely … is the elimination of the $800 exemption for imports because that hits a lot…
This as-told-to essay is based on a conversation with 30-year-old Daryl Roberts, lead AI and machine learning engineer at Obney.ai, an AI consulting firm near Baton Rouge, Louisiana. His identity has been verified. This story has been edited for length and clarity.I was a freshman in college when my grandmother passed. My parents had health problems, and her income had really helped. I thought that being in school was selfish, so I left and joined the Marine Corps Reserve to get healthcare benefits and a small paycheck. I also began looking for a high-paying civilian job that I could do…
This as-told-to essay is based on conversations with Erik Heintz, 49, a producer in Burbank, California, about his experience working in the booming micro drama business. The trend grew out of China and has taken off in the US via popular apps like ReelShort and DramaBox. The following has been edited for length and clarity.I’m from Massachusetts, and I’d moved to California for the Coast Guard. I’d been pursuing a career in music when I landed a job in Hollywood through a film producer friend. One thing led to another, and I became a talent manager. I did a lot…
Noah Cox, a lawyer in the Los Angeles County Public Defender’s Office, formed the neurocognitive disorder team built on the premise that prison is not always the right place for someone with this kind of disability. Philip Cheung for NPR hide caption toggle caption Philip Cheung for NPR A few years ago, Noah Cox noticed something about some of the people he represented in court. They struggled to communicate, think logically or problem solve. “I wanted to know their account of what happened, and I’d ask them questions. And many of them would struggle with a basic explanation,” says Cox,…
Federal judges in Massachusetts and Rhode Island ruled Friday afternoon that President Donald Trump must fund food stamps during the government shutdown.In a Friday night Truth Social post, Trump signaled he would comply with the judges’ orders.”Our Government lawyers do not think we have the legal authority to pay SNAP with certain monies we have available, and now two Courts have issued conflicting opinions on what we can and cannot do,” the president said on Truth Social.He added, “Therefore, I have instructed our lawyers to ask the Court to clarify how we can legally fund SNAP as soon as possible.”The…
Canadian labour market conditions have been trending in the wrong direction over the past few years. Coming out of the strong job seekers’ market that emerged from the pandemic, the unemployment rate has trended up, as finding new work has gotten tougher. Throw in uncertainty about the Canada-US trade situation, and the emerging role of AI in the workplace, and it’s no wonder that job seekers are concerned about their futures.That’s because today’s generative AI tools are actually more likely to augment human capabilities than displace them. As just one indicator, among 2,884 job-related skills analyzed by researchers at Indeed…