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Over half of accountants see the profession as a gateway for entrepreneurship, according to a new study.The latest edition of an annual report by the Association of Chartered Certified Accountants found that 54% of North American respondents say they have career ambitions to be entrepreneurs, including 78% of Gen Z respondents. The ACCA surveyed over 10,000 accounting and finance professionals from 175 countries on topics including career ambitions, hybrid working, inclusivity practices, upskilling, mental health and employability issues.  Association of Chartered Certified Accountants officeCourtesy of ACCA “Our 2025 data continues to show a workplace in transition, but one of the…

2025-05-13T18:33:15Z Share Facebook Email X LinkedIn 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. Pope Leo XIV watched the papal apartments get unsealed this weekend. His predecessor didn’t live in the traditional multi-room apartments at the Vatican. It’s unclear where the new pope will live, but photos show the chapel and other rooms. After Pope Francis’ death in April, the papal apartments inside the Apostolic Palace…

In 2007, when Airbnb’s cofounder Brian Chesky charged $80 for tech conference attendees to sleep on an air mattress in his San Francisco apartment, the rental did not come with the option to have a personal trainer stop by and lead a workout.The short-term rental booking giant is in a different era these days. The $84 billion company lowered its revenue guidance for the second quarter, saying travel demand had softened, some local regulators had cracked down on Airbnbs, and competition with hotels was fierce.On Tuesday, Airbnb launched an offering called Airbnb Services, which allows people to hire on-site professionals.…

The singer Cassie Ventura testified on Tuesday, May 13 in the federal criminal trial of Sean Combs. Jane Rosenberg/Reuters hide caption toggle caption Jane Rosenberg/Reuters This report contains descriptions of physical and sexual violence. Casandra “Cassie” Ventura, the ex-girlfriend of Sean Combs, took the stand on Tuesday morning (May 13) as the star witness in the first full day of testimony in the federal trial against the hip-hop mogul better known as Diddy or Puff Daddy. Ventura, who is now 38 years old and visibly pregnant as she testified, described a tortured, decade-long off-and-on relationship that began shortly after Combs…

Patrick Mahomes, #15 of the Kansas City Chiefs, throws a pass in the first quarter against the Philadelphia Eagles during Super Bowl 59 at Caesars Superdome in New Orleans, Louisiana, on Feb. 9, 2025.Gregory Shamus | Getty Images Sport | Getty ImagesYouTube will stream the National Football League’s Week 1 game on Sept. 5 for free, the first time the dominant streaming platform has ever broadcast a live NFL game in its entirety.The game, which Front Office Sports first reported will be between the Kansas City Chiefs and the Los Angeles Chargers, will take place in Sao Paulo, Brazil.”Last year,…

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines announced on Tuesday that it will offer new premium options for its travelers, including an extra-legroom seating option and a two-free-checked-bags policy for its cardholders.The new seating will begin being installed in June and roll out across the majority of Spirit’s fleet by July, according to the company. Spirit will offer its two-free-checked-bags policy as a collaboration with Bank of America, offered only to travelers with its branded credit card. It will roll…

Americans got some relief from inflation last month, but top forecasters say the effects of the trade war aren’t yet being reflected in the data, and the coming months could see a fresh spike in prices. The consumer price index cooled unexpectedly in April, with the overall inflation rate dipping to 2.3% year-over-year, down from 2.4% in March. But consumers might be navigating another bout of inflation in the coming months. For one, the data is backward-looking and takes time to appear in official statistics. Firms, meanwhile, appeared to stockpile inventory in the first quarter to avoid tariff-related costs. Advanced imports of…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump’s administration has terminated an additional $450mn in grants to Harvard University, marking a further escalation in the US president’s attack on the elite university.The US government said on Tuesday that Harvard’s failure to “confront the pervasive race discrimination and antisemitic harassment plaguing its campus” had resulted in eight federal agencies terminating about $450mn in grants to the university. This is in addition to the $2.2bn that was cut last week.The decision intensifies the battle between Harvard and Trump,…

DETROIT — Shares of Hertz Global plummeted Tuesday morning after the embattled rental car company reported disappointing first-quarter earnings and a $250 million stock offering.Hertz shares were off more than 20% during early morning trading before leveling to be off about 15% to 18% toward the end of the company’s Tuesday morning quarterly earnings call that wrapped around 10:10 a.m. ET.Shares of the company were only off roughly 3% heading into the call, following the company’s report that came out after markets closed Monday.Here’s how Hertz did, based on average analysts’ estimates compiled by LSEG:Loss per share: $1.12 adjusted vs. a…

President Donald Trump’s campaign tax pledges — no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors — are the centerpiece of a multitrillion dollar package that will serve as Republicans’ signature legislative effort.In a draft version of the tax bill released on Monday, House Republicans highlighted the president’s populist priorities in a package that would enact those cuts through 2028. The bill would also make the lower individual tax rates Trump signed in 2017 permanent.The bill addressed a tax issue that has been dividing lawmakers since it was first restricted by Trump in…