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Mark Cuban says there’s a simple explanation for why inflation hasn’t risen as much as economists predicted in recent months — and it all comes down to President Donald Trump’s tariffs and the trade uncertainty they’ve triggered.In an X post on Sunday, the billionaire entrepreneur said businesses are playing a high-stakes guessing game with tariffs, which is stopping them from raising prices.”They borrow money or use their available cash to front-run the tariffs and buy as much inventory as they can. 3, 6 months or longer,” Cuban wrote.This kind of stockpiling is intended to lock in better prices ahead of…

I’ve been working since I was 14, and I’ve always had at least one side gig on top of a primary job. Through economic dips, graduate school, and raising three kids as a single mom, my backup jobs have brought me peace of mind for 25 years.I was raised to believe class was a state of mind. “Always broke, but never poor,” my father said. He was a Florida State Park ranger, and my mom was in and out of cosmetology school. They worked hard, but their paychecks weren’t enough.By the time I was in first grade, we’d lived in…

In the ritzy 7th arrondissement of Paris, in a building that also counts fashion house Yves Saint Laurent as a tenant, $18 billion Capital Fund Management is hoping to straddle the line.The quant firm is trying to retain what it believes is its edge — an academic culture with a French flair — while also expanding its reach and brand in the US. The manager is happy to see Paris’s financial services footprint grow, but wary of new competition entering its backyard. CFM is simultaneously proud of its 34-year-old history and constantly iterating on things that have historically been successful.”The…

This as-told-to essay is based on a conversation with Kira West, a Brooklyn native and lifestyle content creator who relocated to London in January. The following has been edited for length and clarity.I work in marketing and the travel tech industry. I’ve also long considered living overseas.Having professional experience internationally is valuable, and luckily, I work for a global company, which is partly what attracted me to moving from Chicago to London. Still, it didn’t just happen overnight: There were years of conversations, months and months of paperwork, and lots of approvals required to make this happen.Once I finally moved…

The Class of 2025 is preparing to enter the workforce, and it can be a daunting prospect.In a conversation with Business Insider, Irmgard Naudin ten Cate, global talent attraction and acquisition leader at the Big Four firm EY, told us about the key pieces of advice she shares with college students preparing to embark on their careers.She said students should lean into networking early, be open to trying out job simulations, prepare with AI, and emphasize soft skills in interviews.Develop your soft skillsNaudin ten Cate said it’s important to highlight soft skills as well as more technical skills in your…

Treasury Secretary Scott Bessent said on Sunday that he doesn’t agree with Jamie Dimon’s prediction that the bond market will crack.”I’ve known Jamie a long time and for his entire career he’s made predictions like this. Fortunately, none of them have come true. That’s why he’s a banker, a great banker. He tries to look around the corner,” Bessent said in an interview on CBS’ “Face the Nation.”Dimon, CEO of JPMorgan, told attendees at the Reagan National Economic Forum on Friday that the US “massively overdid” spending and quantitative easing during the COVID-19 pandemic. Dimon predicted this will lead to…

Private equity dealmaking around the world slowed down in the second quarter of 2025, and South Korea holds elections on Tuesday after months of political instability. Plus, office space construction in the UK has reached a ten-year low, and Wall Street is warning that a little-publicised foreign tax provision in Donald Trump’s budget bill could upend markets. Mentioned in this podcast:Trump tariffs cut off recovery in private equity dealmakingLeftwing ‘brawler’ on verge of South Korea presidencyThe ‘quiet’ crisis brewing between the US and South KoreaForeign tax provision in Trump budget bill spooks Wall StreetUK office construction drops to 10-year lowToday’s…

Seven years ago, Mike Holp was riding through the streets of Austin as a food delivery worker, earning between $15 and $20 an hour.He lived just outside downtown in a shared rental with three roommates. Even with a computer science degree, the tough competition made it hard for him to get the tech job he’d hoped for.”Basically, the only thing that I could find to do to pay expenses was to deliver food on my bike,” Mike Holp, now 38, a digital creator, told Business Insider. Despite having a degree in computer science, he struggled to get a job at a…

This as-told-to essay is based on a conversation with Brad Barrett, who hosts the ChooseFI podcast. Business Insider has verified his professional history.My journey to financial independence, or FI, started when I got my first job. I began my career at one of the big accounting firms. I was fortunate enough to live at home with my parents, and I tried to save around 90% of my income when a lot of my friends began getting apartments alone or buying fancy cars. I’ve always been a bit frugal and never cared much about impressing other people. I saw saving and…

The US manufacturing renaissance may need a lot more than tariffs.President Donald Trump wants to bring back manufacturing, but even if his tariffs manage to stimulate growth in this sector, the industry faces a skills gap, an aging workforce, and negative perceptions — not to mention the potentially mounting cost of hiring domestic labor in comparison to countries like China.Experts and researchers in trade told Business Insider that the manufacturing sector is struggling to fill the existing open positions.”Manufacturers have faced a structural challenge for multiple years now,” said Carolyn Lee, president and executive director of the Manufacturing Institute. “The…