More companies are announcing AI-driven layoffs from Salesforce to Accenture.Mathisworks | Digitalvision Vectors | Getty ImagesFrom tech to airlines, large global companies have been slashing staff as the real-world impact of artificial intelligence plays out, spooking employees. But critics say AI has become an easy excuse for firms looking to downsize.Last month, tech consultancy firm Accenture announced a restructuring plan that includes quick exits for workers that aren’t first able to reskill on AI. Days later, Lufthansa said it was going to eliminate 4,000 jobs by 2030 as it leans on AI to increase efficiency.Salesforce also laid off 4,000 customer…
Author: usaeverydaylife
If you’re looking for a new home, consider waiting until there’s snow on the ground and a nip in the air. Buying in winter can save you tens of thousands of dollars, according to a new LendingTree study. A review of 2024 real estate data found that January was the cheapest month for home sales, with properties going for a median of $178.60 per square foot. By May, the priciest month, comparable homes were selling for $194.20 per square foot, an 8% increase. On a typical 1,500-square-foot house, that’s an extra $23,400.In February, the second-cheapest month, houses sold for a median…
A general view of a U.S. State Department sign outside the U.S. State Department building in Washington, D.C., U.S., July 11, 2025. Annabelle Gordon | ReutersThe U.S. State Department said Saturday that it has “credible reports” that Hamas could violate the ceasefire with an attack on Palestinian civilians in Gaza.If the attack takes place, it “would constitute a direct and grave violation” of the agreement forged by President Donald Trump to end the two-year war between Israel and Hamas, the statement said.No further details were disclosed about the potential attack.”Should Hamas proceed with this attack, measures will be taken to…
Trading cards of the game “Magic” are located in a shop where a “Magic” tournament is taking place.Frank Rumpenhorst | picture alliance | Getty ImagesAs screentime soars and technology races ahead, a low-tech pastime is back in a big way: collecting trading cards.The cardstock depicting everything from NFL standouts to Pokémon and even Taylor Swift is one of the hottest toy categories in stores this year. Big-box retailers are stocking up ahead of the holidays, anticipating that demand will extend beyond traditional toy buyers like children and collectors.”We see trading cards being a hot gifting category for all ages that…
The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty ImagesClose to half of Kalshi’s user base experienced glitches and delays on Saturday during college football games, a major source of trades, as some said they were temporarily unable to process orders.In a message sent to a user obtained by CNBC, the website apologized for any inconvenience and said it was “looking into” the issues traders were experiencing. “The Exchange is experiencing temporary delays,” the message read. “Balances and positions may not be accurately reflected at this time.” One user…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Buffett’s master class on the problem with goldThe price of gold slipped on Friday after hitting a record high above $4,300 an ounce earlier this week.It’s still up more than 50% this year and has almost doubled since early last year.CNBC Pro’s Fred Imbert notes gold is easily beating the S&P 500 this year, and turning in its best performance since 2008’s financial crisis.He adds, “What makes this time…
U.S. President Donald Trump meets with Ukraine’s President Volodymyr Zelenskyy (not pictured) over lunch in the Cabinet Room at the White House in Washington, D.C., U.S., Oct. 17, 2025. Jonathan Ernst | ReutersThe two survivors of an American military strike on a suspected drug-carrying vessel in the Caribbean will be sent to Ecuador and Colombia, their home countries, President Donald Trump said Saturday.The military rescued the pair after striking a submersible vessel on Thursday, in what was at least the sixth such attack since early September.”It was my great honor to destroy a very large DRUG-CARRYING SUBMARINE that was navigating…
The stock market rebounded this week after seesawing on concerns about U.S.-China trade, the ongoing federal government shutdown, and credit. For the week, the S & P 500 and tech-heavy Nasdaq jumped 1.7% and 2.1%, respectively, after each lost more than 2% the prior week. Late in the week, trade and the shutdown took a backseat to worries about regional banks, which spilled into the market. Zion and Western Alliance both disclosed bad loans during a two-day stretch, sparking a selloff in financial names on speculation of cracks in credit quality. Shares of Zion and Western Alliance lost 13% and…
If you or your child are hoping to attend college anytime soon, cost is likely top of mind. Top schools continue to increase tuition while many young adults fall deeper and deeper into debt. By the second quarter of this year, outstanding U.S. student loan debt topped $1.8 trillion, according to the Education Data Initiative.To keep costs down, prospective students could ideally win several scholarships. But that can be easier said than done.However, Carlynn Greene has done it — and she suspects you can too.Greene won 30 scholarships to attend both undergraduate and graduate school at the University of North…
It was 95 degrees when the first prototype of a Norwegian Wool jacket arrived at Michael Berkowitz’s apartment in The Bronx, New York, in August 2014.Needing to test the waterproof knee-length wool coat without getting heat stroke, the founder and CEO of the then-fledgling apparel brand took it to a supermarket in West Harlem. “[I] paced back and forth for 30 minutes in a walk-in freezer” to evaluate its lining for warmth, recalls Berkowitz, 38. “It’s New York, so no one stops you, no one asks you. My face was cold by the end, but my body was totally warm.…
