Megan Ellison, the award-winning daughter of billionaire Larry Ellison, has a headache on her hands
Annapurna Interactive's entire staff resigned this week, leaving Megan Ellison and her video game studio scrambling.
Business
The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.
Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, allowing it to disperse checks to Alaska residents.
Why people are souring on one of the country's hottest housing markets
Soaring home insurance costs amid extreme weather are among the factors making Florida less appealing to current residents.
David Zaslav risked Warner Bros. Discovery's future by passing on the NBA — and the gamble might pay off
Warner Bros. Discovery likely lost the NBA, but it scored a huge win in its new deal with Charter. David Zaslav may struggle do the same with Comcast.
I've held leadership roles at Yahoo, Google, and Facebook. Taking a demotion is what set my career on the right path.
Jennifer Dulski spent years working in Big Tech before founding her own company. She attributes her success to not always making the obvious choice.
Why Japan is one of the only countries that isn't fed up with housing costs
Some experts have pointed to Japan, where housing costs are lower than peer countries, as a potential model for solutions the US could adopt.
Meet the 10 biggest wealth gainers this year — who've added a combined $360 billion to their fortunes in 2024
Nvidia's Jensen Huang, Meta's Mark Zuckerberg, and Oracle's Larry Ellison are all up over $50 billion this year thanks to soaring stock prices.
Welcome to a new era of work: The portfolio career
A portfolio career has pros and cons, but it might be ideal in the new, flexible work era.
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There are 2 kinds of cities right now. It explains why you hate your downtown.
Some struggling downtowns are relying on tourism to bounce back from the pandemic. That might be a mistake.
Everyone thinks Boston's famed skinny house, sold for $1.25 million, was built out of spite — but that might be a century-old myth.
The 10-foot-wide house, which last sold for $1.25 million, is believed to have been built due to a dispute between brothers. That might not be true.
JD Vance's childcare plan ticked off some parents and grandparents. There's a way to fix it.
After JD Vance suggested grandparents help out more with childcare, many BI readers reached out expressing frustration that he was missing the point.
Spotify is testing much-needed parental controls for kids under 13. As a parent, I can't wait.
Parental controls to block explicit lyrics and video content are finally coming to Spotify. But it might be a while before we can actually use them.
Auto parts and dollar store execs warn that low-income Americans are stretched thin and running on borrowed time
Auto parts and dollar stores serve a lot of customers who earn less than $50,000, and the squeeze on those households is getting tighter.
I've shopped at Costco for nearly a decade. Here are the 8 biggest mistakes I see customers make.
From not checking price tags to shopping on the weekends, here are a few things Costco shoppers should never do, according to a member of 10 years.
Pets, sports, and Disney might end up rescuing China's ailing consumer economy
China's pets, sports, and cultural IP economies are poised for rapid growth, with supply currently lagging huge demand in those markets, BofA says.
Just the Facts – The U.S. Economy and Your Pocketbook: Steve Ballmer Talks Through the Numbers
Watch Just the Facts with Steve Ballmer & USAFacts. The more we know, the better voters we can be.
As Hollywood gets back to work, new rules bring new pain points
Hollywood writers and actors won pay increases and benefits after 2023 strikes, but many still aren't back to work.
I went to Big Lots and saw why the chain is closing stores and filing for bankruptcy
Big Lots is planning to close stores as it goes through Chapter 11 bankruptcy. A store in Maryland left BI confused about the retailer's purpose.
It looks like the commercial-real-estate market has finally bottomed out — and experts say it's time to invest
Transactions in commercial real estate are making a gradual comeback, Moody's said.
I was a loyal Trader Joe's shopper for 13 years. But after switching careers and taking a pay cut, Aldi's value won me over.
I spent 13 years shopping at Trader Joe's for my family's weekly grocery needs, but after an impressive trip to Aldi I think I'll switched chains.
The Fed needs to 'start getting out of the way' and deliver a big rate cut next week, famed economist Claudia Sahm says
Sahm reiterated that her namesake rule is flashing a false signal because the jump in unemployment was driven by an increase in labor supply.
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The US will enter a mild recession as the economy deflates after its boost from unproductive stimulus cash, former Commerce Secretary says
Most of the stimulus cash deployed during the pandemic was "unproductive," which fueled inflation, former Commerce Secretary Wilbur Ross said.
I'm an introvert who struggled to communicate at work. These 3 tips helped me.
The introverted writer worried she wasn't speaking up enough in important meetings. She learned that she only needed to focus on her strengths.
I was embarrassed to move back in with my parents at 53. But they love having me around, and I'm finally pursuing my dream career.
I moved back in with my parents at 53. Although I was a little embarrassed at first, the move has allowed me the freedom to pursue my dream job.
Should your company pay cybercriminals after a ransomware attack? It depends.
Cybersecurity experts share strategies for managing ransomware attacks and deciding whether to pay cybercriminals or refuse to fork over the money.
I tried McDonald's $5 value meal and understand why it's staying on the menu through 2024
McDonald's is keeping its new value meal on the menu for now. After trying it, it's clear why the chain is keeping it around.
Jensen Huang is $60 billion richer this year thanks to Nvidia's soaring stock — and just rejoined the $100 billion club
Nvidia CEO Jensen Huang's wealth surged by about $14 billion in four days due to the chipmaker's stock soaring almost 16%.
Apple has become a villain to many influencers. Here's why.
Apple's in-app fees are spreading to more creator platforms, forcing influencers to adapt or simply absorb the extra costs.
The 'Shark Tank' star Kevin O'Leary warns couples not to combine finances: 'I don't care how in love you are'
Kevin O'Leary of "Shark Tank" fame urged couples to keep their cards and accounts separate or risk breaking up and becoming a "nobody in our system."
China to raise its retirement age for the first time in decades
China will gradually raise its retirement age in response to an aging population and shrinking workforce.
The US drinking-age law could be a model for fixing the housing crisis
Some housing experts say Washington needs to take a more creative approach to encourage states to build more homes. They point to an unusual model.
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The 10 countries with the best quality of life
Denmark tops quality of life rankings by U.S. News & World Report and Wharton School, followed by Sweden and Switzerland.
I insisted on a prenup agreement with my fiancé. I make more than him and want to protect my assets.
A woman who insisted on a prenuptial agreement with her fiancé explains what she asked for and how much it cost. Prenups aren't just for rich people.
Xi may be holding back on economic stimulus because of Trump's tariff threat, an economist says
Republican presidential candidate Donald Trump said in February he would slap tariffs of over 60% on China if he wins the election.
Berkshire's vice-chair just cut his stake in Buffett's company
Ajit Jain, Berkshire Hathaway vice-chair, just sold half of his company stake. At the end of August, the company's market cap surged to $1 trillion.
13 countries with active universal basic income and guaranteed basic income programs
Countries like Kenya, Ireland, and the UK are experimenting with universal basic income or guaranteed basic income through active programs.
I quit BlackRock after slogging my way to VP in 7 years. I have no regrets.
Jennifer Ong, 33, was a vice president at BlackRock. She took an 80% pay cut when she left the asset manager in 2019 to join a fashion startup.
JPMorgan and BofA are rolling out new guardrails to protect young bankers. Here's why some on Wall Street are skeptical.
Big investment banks say they want to protect junior bankers from 100-hour workweeks. Why some think 'nothing is going to change.'
I spent nearly $3,000 on a Disney vacation. I'm canceling all my plans this month to limit my spending.
I spent more money than expected on a Disney vacation, so I'm cooking most meals at home this month and skipping social outings. I may get lonely.
Hollywood's new rulebook: no risky shows
Hollywood is getting back to work after the labor strikes shut down most of production last year — but it's harder than ever to get a show made.
I'm an interior designer. Here are 6 things I'd buy at Ikea and 6 I'd skip.
I'm an interior designer. Here are things I recommend buying from Ikea, such as picture frames and plants, and what I'd never buy from the retailer.
Netflix is fighting in court to protect the private sources in 'Inventing Anna' magazine article
Rachel Williams is suing Netflix over her portrayal as a friend of Anna Sorokin (AKA Anna Delvey) in the Shonda Rhimes show "Inventing Anna."
See the exclusive island where Jeff Bezos has paid $237 million for 3 mansions. It's Miami's 'Billionaire Bunker.'
Bezos, the world's second-richest person, is moving to Florida's Indian Creek island, where 41 homes surround a golf course. Take a look.
An influx of young people entering the housing market next year will lead to a homebuilding boom, analyst says
The trend of underbuilding in the US housing market could reverse as builders rush to meet a wave of demand from younger buyers in coming years.
A Walmart exec explains the surprising reason low-income shoppers pay for a delivery membership
Shoppers who receive government assistance are "doing the math" on gas and public transportation costs, said Walmart's chief revenue officer.
WBD scored a crucial cable deal — by making HBO free for millions of people
A deal between Warner Bros. Discovery and Charter shows you how much pressure the pay-TV business is under.
McDonald's is extending its $5 deal again, and it's a sign that Americans still feel strapped
McDonald's is extending its $5 meal deal through December and adding more discounts. It's a sign Americans still feel strapped for cash.
This year's 'offseason' could be much busier for the housing market as buyer competition heats up, Zillow says
Late summer is typically housing's "offseason," but the market may see unusually high activity this year amid lower mortgage rates, Zillow says.
The 15 companies business students around the world most want to work for
Apple, Microsoft, KPMG, and EY ranked highly on the list of business students' most ideal employers.
The 15 companies engineering students around the world most want to work for
Google, BMW Group, Intel, Tesla, and Bosch were among the top 15 companies engineering students would love to work for.