Economy

Gen Zers and millennials aren’t just filling up their free time with vacations and road trips this summer — some are taking on second or even third jobs in the warmer months. Squeezed by inflation and insufficient wages, many Americans are turning to side hustles and additional jobs as a way to make ends meet. […]

OpenAI, the company behind the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics and entrepreneurs, including Sam Altman, Greg Brockman and Elon Musk. Altman and Brockman are still at OpenAI, serving as CEO and president, respectively. Musk departed in 2018. At the time, OpenAI said Musk left to avoid a conflict […]

Peter Endig | AFP | Getty ImagesAmazon’s warehouse working conditions, which have come under increased scrutiny in recent years, are now at the heart of a congressional probe being led by Sen. Bernie Sanders of Vermont.In a letter to Amazon CEO Andy Jassy, Sanders, who chairs the Senate’s Health, Education, Labor and Pensions (HELP) Committee,… […]

U.S. Representative George Santos (R-NY) speaks to the media as he leaves Central Islip Federal Courthouse in Central Islip, New York, May 10, 2023.Eduardo Munoz | ReutersThe identities of the people who guaranteed Rep. George Santos’ $500,000 bond in his criminal fraud case will be revealed Thursday at noon ET, a federal judge ordered Tuesday.Judge… […]

Daniel Grill | Tetra Images | Getty ImagesThe start of the year was plagued by waves of layoffs: through the end of May, companies announced plans to cut 417,500 jobs, up 315% from the same period last year, according to Challenger, Gray & Christmas. Big names like Disney, Google, Lyft and Meta were among those… […]

In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter on April 17, 2023 in Los Angeles, California.Mario Tama | Getty ImagesNovo Nordisk on Tuesday sued five medical spas and wellness clinics for allegedly selling cheaper, unauthorized versions of the company’s weight loss drugs Ozempic and Wegovy. The Danish drugmaker initiated… […]

Erin M. Collins, National Taxpayer Advocate.Source: IRSAfter a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for those who wrongly claimed the tax break.The employee retention credit was created to support small businesses during the Covid-19 pandemic. There’s still time to amend returns and claim the credit, which is… […]

Job seekers attends the JobNewsUSA.com South Florida Job Fair on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty Images Renewed fears of a U.S. recession have put a spotlight on unemployment. However, the system that workers rely on to collect unemployment benefits is at risk of buckling — as it did during the […]

X owner Elon Musk (L), and Sen. Elizabeth Warren (D-MA). Reuters Sen. Elizabeth Warren, D-Mass., is asking the Tesla board if it’s looked into CEO Elon Musk’s use of company resources to benefit his other ventures, including SpaceX and xAI. “Tesla’s Board of Directors appears to be failing to meet its fiduciary duties to Tesla’s […]

Life Time fitness club company said it has created the “ultimate” ball for the booming sport of pickleball. Courtesy: Life Time Tired of playing with pickleballs he found inconsistent in bounce and durability, Life Time ‘s founder and CEO Bahram Akradi decided to take matters into his own hands. On Friday, the upscale fitness and […]