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A living space in the new J.P. Morgan financial center branch format in Palm Beach.Courtesy: JP MorganJPMorgan Chase thinks it has cracked the code on managing more money for America’s millionaires.It’s not a new financial product, a novel software program or an enticing sign-up bonus. Instead, it’s a refurbished take on an old concept — the brick-and-mortar bank branch — along with new standards for service that are at the heart of its aspirations.The bank is unveiling 14 of these new format branches — each acquired when JPMorgan took over First Republic in 2023 — in tony zip codes in…

If you want to improve your ability to set boundaries at work, you should try a “resentment audit.”Melody Wilding, an executive coach and author of “Managing Up: How to Get What You Need from the People in Charge, told Business Insider that feeling resentment in the workplace is a “good emotional signal that you’ve let something go on for too long.”A resentment audit is figuring out what areas you feel you’re carrying all the burden, Wilding said. Your emotions can be a good indicator in these situations, she said.”It’s like being the consummate gold-star student in the group project in…

This as-told-to essay is based on a conversation with Lisa Sun, the 45-year-old CEO of Gravitas in NYC. It has been edited for length and clarity.After 11 years as a consultant at McKinsey & Company, I quit and became the founder and CEO of Gravitas in 2013, when my mom convinced me to take my life savings and start it.Our mission is to catalyze confidence through fashion and apparel, where we make and sell clothes that give you a boost of confidence, and through our media and content platform centered on my best-selling book.As a founder, I do a lot…

For working parents — and in particular, mothers — holding a full-time job requires an intricate balancing act to keep up with both professional and caregiving responsibilities.While remote work during the pandemic made that balance more manageable for many women, companies that once championed flexible work have been slowly walking it back for months, with more and more major companies announcing RTO mandates.Business Insider spoke to several mothers who work in tech and were told to return to their offices within the last year to find out how that change has affected them and their families. Some saw lots of…

Used vehicles might not be the bargain they used to be.Trade and economic uncertainty are shrinking vehicle supply and pushing prices higher, data from Cox Automotive shows.At the start of May, dealers held a 43-day supply of vehicles, the lowest level “since 2021 for this time of year,” Cox Automotive said. While that is better than what it was at the start of April — 40.5 days — supply has been getting tighter over the last 12 months. Used-car supply is even “more constrained at lower price points,” fueling affordability challenges for buyers, Cox said.With fewer used vehicles to sell,…

Russian leader Vladimir Putin signaled punishment on Monday for Western tech firms still operating within his country’s borders.”You just have to strangle them. I agree completely,” Putin said at a meeting in the Kremlin with Russian business leaders.”I say it without any embarrassment, because they are trying to strangle us. We need to reciprocate. That’s it,” he said.Putin made the remark after Stanislav Yodkovsky, who runs a Russian company offering videoconferencing services, said at the meeting that some of his Western competitors still had services available in Russia in some capacity.”Slightly limit the work of services that have left Russia,…

The European Union is going after Shein, accusing it of deceiving customers with fake discounts and misleading information.The European Commission said in a Monday statement it had investigated the Chinese fast-fashion company, along with other consumer rights watchdogs in Belgium, France, Ireland, and the Netherlands.According to the statement, the investigation revealed that Shein had engaged in multiple practices “in breach of EU law.” These included offering fake discounts, pressuring customers to buy products with false purchase deadlines, using deceptive product labels, making misleading sustainability claims, and hiding contact details of customer service agents from customers.It also said Shein was feeding…

In her 20s, Claudia Woodham decided to quit her job in Manchester to travel abroad.She had a degree in marketing, but low starting salaries in the field had led her to take a job at a bank instead. But the 9-to-5 corporate lifestyle left her feeling stressed and unfulfilled, and she knew she had to get out.What began as a yearlong trip through Southeast Asia and Australia with her partner, Danny, turned into four years of full-time travel. But eventually, the two of them craved something more permanent.”We kind of got sick of living out of the suitcase, so we…

Herman Ko is 27 but already has experience sitting on both sides of the recruiting table.The former banker worked at JPMorgan for about 3 ½ years before joining Career Hackers, a human resources and education technology startup in March 2024. Ko is now the company’s head coach and chief program director, where he helps to design and administer AI hiring assessments for companies.Ko told Business Insider that it is becoming increasingly common for recruiters to use AI to screen job applicants. This includes video-based interviews, essay writing, job simulations, and psychometric tests to assess leadership potential.Ko said using AI allows…

This as-told-to essay is based on a conversation with Andrew Moo, 33, co-founder of Taste Collective — a creative agency — and co-owner of two restaurants in Shanghai. The following has been edited for length and clarity.I grew up in Perth as a fourth-generation Australian. Any connection to my Chinese heritage felt long gone.My great-grandfather arrived on the northern coast by boat from Guangdong in 1889, chasing the classic immigrant dream. Fast-forward a few generations, and assimilation had done its job.By the time my parents were raising me, we didn’t speak Chinese, eat Cantonese food at home, or celebrate any…