Amazon Asks Its Employees to Use Cedric Instead of ChatGPT
Amazon doesn’t want its employees to talk to any other AI chatbot — except Cedric. A Tuesday report from Business Insider revealed that Amazon has a new internal AI bot …
News and Trends
How Meta Is Using AI to Drive Immediate Business Gains
Although Meta is pursuing the same AI technology gains as its rivals, analysts say it’s doing a better job explaining why AI matters to its bottom line — with Meta’s …
EY Senior Economist: ‘Stage Is Set’ For Rate Cuts
A senior economist expects multiple cuts in the federal funds rate (the rate banks pay that ripple out to consumer interest rates on everything from credit cards to mortgages) before …
What Is Considered Rich? $2.5 Million Minimum, Americans Say
The average American thinks being rich means a $2.5 million net worth. A Wednesday survey from Charles Schwab tracked the bar for wealth by generation, from Gen Z to Boomers. …
Entrepreneur Poll: Which Candidate Is Better For Small Business?
With less than three months until election day, national polls show an extremely close race between Vice President Kamala Harris and former President Donald Trump. The latest from FiveThirtyEight‘s poll …
Pumpkin Spice Lattes Are Back at Starbucks: New Fall Menu
Starbucks fans, it’s time to celebrate: It’s Pumpkin Spice Latte season! Starbucks debuted its fall menu Thursday, a day now considered to be the unofficial start of the fall season. …
Why Investors Are Starting to Pass on AI Startups
As AI technology and programs like ChatGPT evolve, the way venture capitalists think about investing in startups is changing. Investor Leah Solivan, the founder of freelance marketplace TaskRabbit, which sold …
US Nonfarm Payroll Growth Revised Down: Labor Department
The Labor Department reported Wednesday that the U.S. economy produced 818,000 fewer jobs from April 2023 through March 2024 than initial tallies suggested. The 0.5% total payroll level revision—the most …
Amazon Web Services CEO: AI Will Code For Software Engineers
AI is shaking up industries — and software engineering is no exception. In a leaked recording of a June fireside chat obtained by Business Insider, Amazon Web Services CEO Matt …
Why a Federal Judge Blocked the FTC’s Noncompete Ban
The Federal Trade Commission (FTC) banned noncompetes in April, saying that the agreements — which prevent a company’s employees from working for competitors or starting rival firms for a set …