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Losing your job doesn’t mean you suck.That’s the message the co-authors of a new book — and the celebrities who contributed to it, such as Oprah Winfrey and Lisa Kudrow — are aiming to get across.”All the Cool Girls Get Fired,” by former fashion magazine editors Lauren Brown and Kristina O’Neill, is a survival guide for anyone who has been let go from a job, though it’s especially geared toward women.They said that’s because there are more widely known examples of high-profile men who’ve been fired, such as Steve Jobs and Michael Bloomberg.”It took us a minute to even figure…

JPMorgan wants out of paying for Charlie Javice’s legal bills.A clause in JPMorgan’s contract with Javice, tied to the original sale of her startup, Frank, has kept the bank liable for her legal fees — even after Javice was convicted in March of conspiracy, wire, and bank fraud for tricking JPMorgan into purchasing the company for $175 million.While Javice continues to appeal the guilty verdict before reporting for her 7-year prison sentence, JPMorgan has been required to pay upward of $115 million in legal fees to Javice and her co-defendant, Olivier Amar. In a Friday filing, lawyers for JPMorgan asked the…

2025-10-24T20:54:06Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Trump said a friend of his gave a $130 million gift to the Pentagon. Trump said the person wanted to cover military costs during the government shutdown. The Pentagon confirmed the donation and said it would be use for servicemembers’ salaries and benefits. President Donald Trump said an anonymous…

The National Taxpayers Union Foundation is asking the Internal Revenue Service to modify its proposed regulations for the “no tax on tips” provision of the One Big Beautiful Bill Act, suggesting that certain types of stablecoins be considered equivalent to cash.A stablecoin is a kind of cryptocurrency that’s designed to maintain a stable price because it’s pegged to an asset such as the U.S. dollar, gold or other reserves, avoiding the volatility of other forms of crypto such as Bitcoin.The Treasury Department released proposed regulations in September on the “no tax on tips” provision of the OBBBA, including which types…

The year-over-year inflation rate heated up to 3.0% in September, back to where it stood in January.Economists expected last month’s rate to be 3.1% after an uptick to 2.9% in August.Core CPI, which excludes volatile food and energy prices, also increased 3% over the year in September. It was also expected to be 3.1%, which would have matched rates in July and August.Core CPI increased 0.2% over the month between August and September, short of the 0.3% forecast that would have matched July and August’s rates.CPI increased 0.3% over the month between August and September, below the 0.4% forecast and…

Major U.S.-based oil and gas companies such as ExxonMobil, Chevron and Conoco Phillips are paying billions of dollars more in taxes in other countries than in the U.S., according to a new report.The report, released Thursday by the Financial Accountability and Corporate Transparency Coalition, found the generous treatment of foreign tax credits to be one of the main factors behind the disparity, along with special tax breaks that have been exacerbated by the new tax law. Even though they are collectively producing more oil and gas domestically than in all other countries combined, American multinational oil and gas companies only…

Bloomberg via Getty Images IRS Fact Sheet 2025-08 has been released, answering questions regarding the dollar threshold for filing Form 1099-K under the One Big Beautiful Bill Act.The OBBBA retroactively reinstated the reporting threshold in effect prior to the passage of the American Rescue Plan Act of 2021, so third-party settlement organizations are not required to file 1099-Ks unless the gross amount of reportable payment transactions to a payee exceeds $20,000 and the number of transactions exceeds 200.The requirement to file a Form 1099-K can be triggered when payments are received for goods or services through a payment settlement entity.In addition to…

While the tech and finance world continues to debate whether we’re in an AI bubble, one thing is for sure: People love AI!For proof, like no further than Apple’s App Store, where OpenAI’s ChatGPT app and its Sora video spinoff are atop the “free app” rankings, and … A screenshot of Apple’s iOS app store on October 24 shows a surprising entrant at the top of the rankings. Apple Whoops? So maybe we love AI, but we love fried chicken more?Answer: We love — or are at least interested in — both things. But the reason Dave’s Hot Chicken is…

Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023. Jakub Porzycki | Nurphoto | Getty ImagesShares of footwear maker Deckers Brands plunged more than 12% Friday after the company trimmed its sales guidance for Hoka and Ugg — the two brands driving its growth — over concerns that tariffs are leading to a slide in demand.Hoka, an up-and-coming running shoe brand, is now expected to grow by a low-teens percentage in fiscal 2026 after growing 24% in the year-ago period, while Boots brand Ugg is expected to grow in the range of a low to mid single-digit…

There’s just two months until Christmas Eve, and retailers are meeting a more cautious shopper with earlier offerings.Most retailers won’t report third-quarter results or updated holiday expectations until just before Thanksgiving, largely considered the sector’s most important week of the year. By then, many shoppers will have already started checking off holiday shopping lists.Amazon’s October Prime Day sales event and competitors’ ever-earlier Black Friday deals grab some portion of the holiday wallet share. The unofficial kickoff to the holiday shopping season comes as executives point to a bifurcation in consumer spending, with lower-income consumers feeling the strain on their budgets,…