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Category: Business

Xi Jinping just fired his giant money cannon at the wrong target

Xi Jinping just fired his giant money cannon at the wrong target

iStock; Andres Martinez Casares/Getty Images; Alyssa Powell/BI Sure, Wall Street. Go ahead. Ride the dragon. There was a moment of grace on Tuesday for investors, market analysts, and finance’s top brass when Beijing announced measures to try to reinvigorate China’s croaking economy. Pan Gongsheng, a governor of the People’s Bank of China, the country’s central …

The unsung warriors of ‘The Price Is Right’

The unsung warriors of ‘The Price Is Right’

Andrei Cojocaru for BI After a decade of fighting the most powerful man in daytime television, Holly Hallstrom had come to the end of her road. Cresting a hilltop deep in California’s wine country, Hallstrom clutched the wheel of her beat-up white Honda as it puttered to a stop. She wasn’t just out of gas. …

CEOs who insist workers return to the office are living in an ‘echo chamber,’ a future of work expert says

CEOs who insist workers return to the office are living in an ‘echo chamber,’ a future of work expert says

CEOs should be talking to their employees. Instead, they exist in “echo chambers,” said Brigid Schulte. Klaus Vedfelt/Getty Images For a while, hybrid work seemed like the new normal for many workers. But CEOs are increasingly demanding workers be in the office five days a week. Brigid Schulte, author of “Over Work,” spoke to BI …

A millennial who got a better job after a layoff and over 1,000 applications explains how she would’ve changed her search

A millennial who got a better job after a layoff and over 1,000 applications explains how she would’ve changed her search

Chantal Cowie explained what her job search was like and why she applied to many jobs after being laid off. Chantal Cowie; Getty Images; Jenny Chang-Rodriguez/BI Chantal Cowie accepted a higher-paying, remote job a few months after being laid off. She applied to over 1,000 jobs before landing this role. If Cowie did her job …

Sam Altman says learning AI will keep humans employed. Here’s why else the robots might not take your job.

Sam Altman says learning AI will keep humans employed. Here’s why else the robots might not take your job.

Sam Altman advises students to learn to use artificial intelligence. Joel Saget/Getty Images; Jenny Chang-Rodriguez/BI OpenAI CEO Sam Altman advises students to learn AI to stay relevant in the job market. Altman’s advice contrasts with Vinod Khosla’s warning that AI could replace many jobs. An Indeed study found that 2,800 work skills are “very unlikely” …

A millennial mom takes separate trips with each daughter. One is left behind with her husband, but it helps her connect with the other.

A millennial mom takes separate trips with each daughter. One is left behind with her husband, but it helps her connect with the other.

Monet Hambrick has been traveling with her daughters since they were newborns. The Traveling Child Monet Hambrick is a full-time travel blogger who enjoys visiting new destinations with her kids. Monet has two daughters, Jordyn, who is 10, and Kennedy, who is 8. For eight years, she’s taken each daughter on separate “Mommy and Me” …

An uncertainty guru says investors can’t dismiss doubt — and even Warren Buffett’s success may be down to luck

An uncertainty guru says investors can’t dismiss doubt — and even Warren Buffett’s success may be down to luck

Not even Elon Musk’s predictions are always accurate. Britta Pedersen-Pool/Getty Images Predictions carry doubt no matter who is making them — even if it’s Elon Musk or John Paulson, one expert says. David Tuckett, an uncertainty researcher, told BI that dismissing doubt eventually “leads over a cliff.” He said the success of elite investors like …

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