Author: Editor

The number of students who graduated with either a bachelor’s or master’s degree in accounting dropped again last year, but not as much as in recent years, according to the latest Trends report released Monday by the American Institute of CPAs.The AICPA’s 2025 Trends report indicated that graduates who earned either a bachelor’s or master’s degree in accounting declined to 55,152 in the 2023-24 academic year, 6.6% decrease compared to the prior year. That represents a slower rate of decline than in the previous two school years (9.6% in 2022-23 and 7.4% in 2021-22), when the lingering impact of the…

A pair of lawsuits against banks from Jeffrey Epstein victims is going on the fast track.At a Monday hearing, US District Judge Jed Rakoff ordered lawyers to comply with quick-turnaround deadlines for the cases, which were filed against Bank of America and BNY.The two lawsuits, filed in October, alleged the banks ignored red flags related to Epstein’s sex-trafficking operation.Rakoff set November deadlines for motions to dismiss the cases, with an oral argument for December 15.The judge ordered that all discovery, including depositions, must be completed by February 27.If the cases go to trial, they’ll be back-to-back in May and June…

Goldman Sachs CEO David Solomon said that AI doesn’t mean he’s looking for fewer employees — just better employees.”We need more high-value people,” he told Axios. “We can afford more high-value people to expand our footprint and continue to grow and broaden our business.”The technology, Solomon said, will inevitably change how analysts, associates, and investment bankers do their jobs, making productive people more productive. Solomon reiterated his belief that the technology will grow the firm’s headcount over the next ten years.Earlier this month, however, Goldman introduced its OneGS 3.0 in a memo to employees, and said it will implement a…

The big stories in media right now are all about technology and capital — algorithms and balance sheets: What will AI do to the industry? Who is going to own the industry, and where will they get the money to buy it?But on Monday, we have a reminder that human beings who make things are still at the core of media. And that some of them still have enough power to reshape the industry on their own.That’s the story with Taylor Sheridan, who may be the single most powerful creator in TV and streaming right now. The man who makes…

Fed Gov. Christopher Waller told CNBC that he thought his interview with Treasury Secretary Scott Bessent went “well.””I mean, it was a lot of discussion about various aspects of talking about various speeches I’ve given my points of view, they’ve kind of wanted to follow up on tales of it,” Waller said in October. “I just thought it was great. I mean, it was really there was nothing political about it. There was nothing. It was all serious economic discussion. So that’s why I thought it was brilliant.”As of late October, Waller is the second behind Hassett in leading prediction…

Sign at the entrance to the Lululemon store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty ImagesLululemon is partnering with the NFL to launch an apparel collection for all 32 NFL teams. It will mark the first time the retailer has offered officially licensed products for the NFL or any of its franchises.The collection, set to launch Tuesday, will include both men’s and women’s apparel and accessories with NFL team marks, including some of Lululemon’s most notable products such as its Steady State men’s franchise and women’s styles from Define, Scuba and Align.Lululemon, long known for its roots in…

Jonathan Tobias likes his job in tech, in part because it allows him to work remotely.Signing on from home means it’s only a five-minute walk from his Brooklyn apartment to day care pickup.”I’m definitely lucky,” he told Business Insider.Tobias, 39, also knows his employer’s allowances are increasingly rare. After years of talking up flexibility and work-life balance, leaders across industries are taking a firmer approach — mandating office attendance, tightening performance metrics, and pushing AI-driven productivity.”It’s very much an employer-driven market, which allows for businesses to behave like this,” said Alex Bouaziz, cofounder and CEO of the HR and payroll…

George Clooney and Casamigos, Kylie Jenner and Kylie Cosmetics, Jay-Z and Tidal.It’s easy to see why celebrities and influencers find brand building alluring. In the most successful cases, it ends with a celebratory exit, a nine-figure check, and, for some, the title of billionaire.But aspiring entrepreneurs, beware: The founder mindset is risky, and many creators walk away with almost nothing.”Ninety-seven percent of creators and celebrities should not be launching their own brands,” Scott Van den Berg, the founder of HotStart VC, which invests in influencer brands, told Business Insider. “They don’t have a strong enough audience to actually create a…

Imagine this: Just as a new generation enters the job market, a crisis rocks the world and permanently alters the economic landscape, forcing the young people starting out on their career journeys to learn the new rules of a different era. For both millennials and members of Gen Z, that description may hit close to home. Both generations were smacked with global turmoil right as they were launching their careers.For millennials like myself, there was the financial system’s implosion in 2008. Our parents lost houses, we lost our college funds, and graduated into the worst job market in at least…

This is an as-told-to essay based on a conversation with Alex Honnold, professional rock climber and founder of the Honnold Foundation. Honnold’s rope-free ascent of the 3,000-foot rock wall El Capitan in Yosemite National Park was featured in the Oscar-winning 2018 documentary “Free Solo.”Honnold is an executive producer and host of the podcast “Planet Visionaries,” which spotlights pioneering conservationists addressing the impacts of climate change. The podcast, produced in partnership with the Rolex Perpetual Planet Initiative, returns for its fifth season on October 28.Honnold, 40, lives in Las Vegas with his wife and two daughters.This story has been edited for…