Gap shares tumble 13% as retailer cuts sales guidance after disappointing Old Navy performance
Sales at Gap’s largest brand Old Navy fell short of expectations during its fiscal first quarter, leading the retailer to cut its sales guidance on »
99 Percent of CEOs Are Preparing to Lay Off Workers and Replace Them With AI Within Two Years, Survey Finds
Fear of AI is at an all-time high. Not fear of a Skynet-style superintelligent singularity seizing power, generally speaking, but of something perhaps just as horrifying: »
Have Americans’ Wages Kept Up with Inflation?
Inflation in the United States reached its highest level in three years in April, according to the Bureau of Labor Statistics. And many Americans are feeling »
"It's Just Getting Started..." - Rick Rule
Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping
The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher »