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The job market for entry-level workers has been bleak recently — but Cisco’s chief people, policy, and purpose officer said that won’t be the case long-term.”I think it’s a total blip,” Francine Katsoudas told Business Insider. “I don’t think it’s lasting.”She said Cisco understands the importance of attracting the next generation of talent and that recent grads have experiences, skills, and lessons that are applicable in the workplace.Katsoudas’ prediction for the future of entry-level workers comes as tech-industry leaders, like Anthropic CEO Dario Amodei, have warned that entry-level white-collar jobs will be slashed in half in the next five years. Geoffrey Hinton,…

2025-09-25T14:59:53Z 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. Qube, the $34 billion London-based quant, has a team of human stockpickers who will start trading on October 1. The team is under the purview of former Balyasny executive Stephen Irvine. Each analyst will receive a sleeve of capital between $200 and $500 million, several people say. The humans…

Hello, and RIP to Instagram (sort of). The app is testing out a new feed that opens right into its Reels feature. BI’s Katie Notopoulos has more on the change.In other tech news, OpenAI’s Sam Altman (yes, the Sam Altman) stopped by the Berlin headquarters of our parent company, Axel Springer. He chatted with the father of quantum computing, and they agreed on a Turing Test 2.0.In today’s big story, we’re looking at how President Donald Trump’s new H-1B visa fee will impact Big Tech, startups, consulting, and Wall Street.What’s on deck:Markets: The future of trading is … doing it…

Updated 2025-09-25T14:19:53Z 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. At least nine retail brands have said they’re closing US stores this year, totaling over 2,600 locations. Twice-bankrupt Party City is the largest chain on the list, with 700 stores facing closure. Starbucks is the latest company to announce store closures. A Business Insider tally of disclosures from…

A sold sign is posted in front of a home for sale on Aug. 27, 2025 in San Francisco, California.Justin Sullivan | Getty ImagesSales of previously owned homes were essentially flat in August, coming in 4 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. That is a 0.2% drop from July and an increase of 1.8% from August of last year. Sales were strongest in the Midwest and weakest in the Northeast.This count is based on closings, so people signing their deals in June and July, when mortgage rates were about 50 basis…

One of the most lucrative tax breaks corporate America won in Donald Trump’s signature economic legislation — worth an estimated $67 billion this year — is hitting a roadblock in a minimum tax Congress set three years ago under Democratic President Joe Biden.Trump’s recently enacted tax law sweetened a break for corporate research and development investments, a provision especially valuable to technology, pharmaceutical and manufacturing businesses. But some businesses won’t be able to take full advantage of the break, thanks to the Biden-era provision that lobbyists argue threatens to curtail the economic boost in Republicans’ tax law. Some of Washington’s most…

A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California. Justin Sullivan | Getty Images News | Getty ImagesDETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations.CarMax shares were trading early Thursday under $45 — the stock’s lowest price since March 2020, when the coronavirus pandemic closed down U.S. auto production and many retailers. The stock is down around 46% this year, with a less than $6.7 billion market cap. The company’s results included earnings…

A Breeze Airways airplane on the tarmac at Tampa International Airport in Tampa, Florida, on May 27, 2021.Matt May | Bloomberg | Getty ImagesU.S. startup airline Breeze Airways is planning to fly internationally for the first time early next year, aiming to win over sun-seeking travelers as the carrier enters its fifth year of flying.The airline’s host of seasonal service kicks off on Jan. 10 with a Saturday-only route between Norfolk, Virginia, and Cancun, Mexico, followed by roundtrips between Charleston, South Carolina, and Cancun on Jan. 17, also only on Saturdays.Other routes include Saturday service to Cancun starting from New…

Special Prosecutor Jack Smith addresses reporters after his grand jury has issued more indictments of Donald Trump in Washington, D.C., on Aug. 1, 2023. Bill O’Leary/The Washington Post via Getty Images hide caption toggle caption Bill O’Leary/The Washington Post via Getty Images The federal prosecutor who built two criminal cases against President Trump is sounding the alarm about dire threats to the legal system. In his first public remarks since leaving the Justice Department, former special counsel Jack Smith said he’s sad and angry about the dismissals of career public servants and the loss of credibility the DOJ has suffered…

Working late, office buildings, Financial District, London.Travelpix Ltd | Stone | Getty ImagesA 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 the U.S. office market has been gaining steam this year and may be set to accelerate. While vacancy rates and return-to-office employee volume have been focal points in gauging demand, a new look at…