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The United States has agreed to allow South Korean workers on short-term visas or a visa waiver program to help build industrial sites in America, Seoul’s Foreign Ministry said Wednesday. The announcement came weeks after South Korea flew home more than 300 of its nationals who had been detained in a massive immigration raid at a battery factory being built on Hyundai’s sprawling auto plant campus near Savannah, Georgia. The roundup, along with U.S. video footage showing Korean workers shackled at the hands, ankles and waist, fueled public outrage and a sense of betrayal in South Korea — a key U.S. ally that had pledged hundreds of billions of dollars in U.S. investment…
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Adventure travel used to mean strapping on a backpack and vigorously sweating your way up a steep mountain with a can of bear spray swinging from your belt—a niche pursuit for the hardcore. But the page has turned: The once extreme is now mainstream. Marriott Bonvoy, the rewards program from hotel giant Marriott International, is riding this momentum with the launch of Marriott Bonvoy Outdoors, a hub showcasing more than 450 outdoor-focused hotels and 50,000 homes and villas, along with curated tours and activities. The launch, announced Tuesday, includes a real-world treasure hunt across 20 outdoor destinations in North America led by Dylan Efron, actor Zac…
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U.S. stocks are coasting toward the finish of Wall Street’s latest winning month on Tuesday. The S&P 500 fell 0.2% in afternoon trading but remains on track for a fifth straight winning month after setting a record last week. The Dow Jones Industrial Average was down 145 points, or 0.3%, as of 1:43 p.m. Eastern time, and the Nasdaq composite was 0.3% lower. Oil-related companies weighed on the market after the price of crude fell again as traders see too much oil washing around the world. Schlumberger fell 3.8%, and Halliburton dropped 3%. They helped offset a 12.7% jump for CoreWeave, which said Meta Platforms will pay up to $14.2 billion for a new order …
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In the early days of the internet, collectors traded rare whiskey and wine on eBay alongside Beanie Babies and vintage sneakers. But then, in 1999, six months after closing down firearm sales, eBay announced they would ban the sale of alcohol and tobacco products as well. “As a general rule, these laws are just so complex and contradictory, that we just decided that in the best interest of our users to prevent that situation from ever occurring,” then-spokesman Kevin Pursglove said. More than 25 years later and almost a century after the end of Prohibition, the regulatory environment is no less forgiving, and the resale of spirits online has been scattered acros…
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U.S. consumer confidence declined again in September as Americans’ pessimism over inflation and the weakening job market continued to grow. The Conference Board said Tuesday that its consumer confidence index fell by 3.6 points to 94.2 in September, down from August’s 97.8. That’s a bigger drop than analysts were expecting and the lowest reading since April, when President Donald The President rolled out his sweeping tariff policy. A measure of Americans’ short-term expectations for their income, business conditions and the job market fell to 73.4, remaining well below 80, the marker that can signal a recession ahead. Consumers’ assessments of their current econom…
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Matcha drinks continue to challenge coffee’s dominance as the caffeinated beverage of choice. In the U.S., retail sales of matcha are up 86% from three years ago, according to market research firm NIQ. The drink’s increasing popularity, particularly among Gen Z consumers, has resulted in shortages and supply-chain issues. But when a recent Instagram reel that went viral suggested consuming Matcha might be contributing to hair loss, panic ensued. “Can I unsee this post?” one wrote. “WHY DOES THE INTERNET HAVE TO RUIN EVERYTHING,” another protested. Soon, others were sharing similar alleged experiences. “When you realise that the matcha you’ve been drinking every …
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The stat that women receive less than 2% of VC funding is often cited—but that figure tells only part of the story. Angel investors, non-dilutive grants, and other funding methods are shifting the landscape for women and other underrepresented founders—especially at a time when DEI initiatives are in peril. This panel explores how investors are closing the funding gap and what you should know to get the capital you need. View the full article
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Crypto mining companies are actively negotiating contracts with Brazilian electricity providers, such as Renova Energia, that would benefit from the South American country’s surplus renewable power without burdening the grid during peak times. Following crypto heavyweight Tether, which announced in July an investment in the South American country, there are at least six negotiations for small and medium-sized enterprises, as well as one for a larger project of up to 400 megawatts (MW), people from six different companies told Reuters. Mining machines that solve complex mathematical problems to back crypto transactions have overloaded grids in multiple countries. H…
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When it comes to artificial intelligence, a handful of publicly traded companies tend to dominate the discussion. Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla get the lion’s share of the attention – and deservedly so. But dig a little deeper and you’ll find a host of other companies laying the groundwork for the next layer of AI disruption. Futurum Equities, a new division of the tech research company Futurum Group, has compiled a list of disruptors, who despite not being among Wall Street’s vaunted Magnificent 7, are making waves in the AI world. Rankings were derived using a proprietary algorithm that examines both the company’s current stat…
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Shopping for a used car? Hertz is making it easier than ever to buy a car from its fleet: You can now browse, finance, and purchase vehicles entirely online, the company announced Tuesday. The car rental giant has revamped its website, HertzCarSales.com, allowing customers to now browse thousands of vehicles, get a trade-in offer, get prequalified, and secure financing so they complete the purchase entirely online. These changes mean that car buyers no longer need to visit one of Hertz’s 45 retail locations to complete the purchase. “Our new e-commerce platform marks a major step forward in modernizing how we serve our customers with a seamless journey from browsi…
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A federal judge agreed Monday to temporarily suspend the The President administration’s plan to eliminate hundreds of jobs at the agency that oversees Voice of America (VOA), the government-funded broadcaster founded to counter Nazi propaganda during World War II. U.S. District Judge Royce Lamberth in Washington, D.C., ruled that the U.S. Agency for Global Media cannot implement a reduction in force eliminating 532 jobs for full-time government employees on Tuesday. Those employees represent the vast majority of its remaining staff. Kari Lake, the agency’s acting CEO, announced in late August that the job cuts would take effect Tuesday. But the judge’s ruling pres…
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China’s factory activity shrank for a sixth straight month in September, the longest slump since 2019, an official report said Tuesday. The official manufacturing purchasing managers index, or PMI, improved to 49.8 from 49.4 in August. But it remained below the 50-cutoff level between contraction and expansion on a scale of 0 to 100. A private sector PMI survey by the credit research and rating startup RatingDog was more upbeat, with September’s overall PMI rising to 51.2 from 50.5 in August. The mixed manufacturing measures reflect persisting sluggish domestic demand and uncertainties over trade tensions with the United States. More detailed data measuring new orders…
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Amazon’s new Echo Dot Max is a $99 ball. Its Echo Studio is a $199 ball. Its Echo Show is a tablet (starting at $179), attached to a ball. For its grand refresh of its Alexa-powered line of speakers and tablets, Amazon spent three years rethinking the foundations of its audio engineering to conquer the home theater market in the most spherical manner possible. “Legitimately—they sound really good,” says our senior editor Liz Stinson, after a listening test. But from my own discussions with the design team, it’s clear that what Amazon has created are not just new voice assistants, or even mix-and-matachable speakers capable of creating a 3D soundscape for movies an…
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Journalists who cover the Pentagon and the The President administration are in a standoff about new rules that limit the access of the media to most areas within the Pentagon and appear to condition overall entry to the building on an agreement to restrictions in reporting. Defense Secretary Pete Hegseth’s team characterizes the changes as an effort to protect national security and the safety of those who work at the Pentagon, while many in the press see it as an effort to exert control and avoid embarrassing stories. Journalists who want to hold on to badges that permit access to the Pentagon were told on Sept. 19 they must sign a letter acknowledging the new rules by …
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The resurgence of high-profile IPOs in 2025 shows no sign of abating—especially in the fintech space. This week, Wealthfront Corporation announced its intention to go public. Here’s what you need to know: What is Wealthfront? Wealthfront Corporation was founded 17 years ago, in 2008. It is headquartered in Palo Alto, California, and is led by CEO David Fortunato. The company is one of a number of fintech firms that operate in the robo-advisor space. It offers a financial platform and dedicated smartphone app that allow users to invest in various assets, including stocks and bonds. The company also offers cash accounts and automated index investing. Wealthf…
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Today’s workforce often spans four—sometimes five—generations. Gen Z, millennials, and baby boomers bring distinct experiences and expectations that enrich organizations yet complicate workplace design. The core challenge is building physical and cultural environments that serve these different—and sometimes conflicting—needs. The stakes are high. Gallup’s 2024 State of the Global Workplace shows global engagement falling to 21%, the second decline in 12 years. Engagement drops fastest when generational needs go unmet. Nearly 60% of employers say their workforce spans four or five generations, and in a recent AARP study, 83% said “creating a more multigenerational wor…
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Shares of Beyond Meat slumped to a record low on Monday after the maker of plant-based meat launched an exchange offer for convertible bonds to cut more than $800 million in debt. The stock was last down 32.1% at $1.93, after falling as low as $1.23. The company last month posted a revenue drop and a wider-than-expected loss, citing weak U.S. consumer demand. It said it was still facing “an elevated level of uncertainty” and will not provide any full-year estimates. Consumer spending has been affected by economic uncertainty and consumer tastes have been shifting in the plant-based meat market. The company will exchange its $1.15 billion 0% convertible not…
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Remember CDs? There’s a new company betting that, if you don’t already, you’re about to. Jewel is a Norwegian company specializing in manufacturing high-end display cases for CDs. The brand recently soft-launched online in Europe and is planning to expand to the U.S. in the coming months. It offers products that range from an $130 freestanding case that fits four CDs to a $300, 16-slot case designed to be mounted directly onto the wall. Launching a CD-based brand more than 20 years after CDs hit their peak feels like a counterintuitive prospect. After all, how many people even own a CD player these days? But Marius Brandl, Jewel’s founder, says the brand’s thesis …
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We know that having friends at work is good for your performance and happiness. But could ChatGPT replace your happy hour bestie? According to a new study from KPMG that surveyed more than 1,000 professionals, almost all (99%) would be open to the idea of an AI chatbot assuming the role of close friend or trusted companion at work. That same study teases out a separate, also compelling thread: 45% of workers reported feelings of loneliness at work. That’s a huge jump, up nearly double from last year. On top of that, the survey found that friendship seems to be a big priority for most workers—even over money. More than half (57%) of those surveyed said they wo…
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More than a month after the The President administration forced a nearly complete wind farm off the coast of Rhode Island and Connecticut to stop construction—costing the developers more than $2 million per day—the project just resumed work. On August 22, the government issued a stop-work order for the Revolution Wind project, which is designed to power 350,000 homes. It cited unspecified “national security concerns” despite years of review by federal agencies including the Department of Defense. Hundreds of workers were left idle. On September 22, a federal judge granted the developers a preliminary injunction to allow construction to continue. Judge Royce Lamberth, …
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As press releases go, it was a mic drop moment. On September 4, OpenAI announced that it was coming after LinkedIn. And it was coming after job search specifically. For those unfamiliar with the story, it was reported across multiple sources that not content with torpedoing Google, education, interpersonal relationships, and entire industries such as psychiatry or management consultancy (both smugly considered untouchable until about 15 minutes ago), OpenAI is now coming after the age-old industry of human resources. Specifically, the $300 billion company wants to streamline the process of hiring by automatically matching candidates to roles via context alone,…
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For decades, the baby food aisle has been dominated by big players like Nestlé, which makes Gerber brand products, and Danone, whose brands include Happy Family. Angela Vranich and Ben Lewis—high school sweethearts turned entrepreneurs—wanted to change this. Even though they didn’t yet have children, they believed that millennial parents were looking for new sources of food for their growing families. “Millennials had spent their twenties drinking fresh-pressed juices and eating salads,” Vranich says. “When they started having kids, they were looking for food that was more nutritious than what they grew up eating.” In 2017, the pair launched their direct-to-co…
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When the clock strikes midnight tonight, the U.S. government could shut down. If that happens, it will be because Congressional Republicans and Democrats could not reach an agreement on a new funding bill, which is required to keep the government running. As noted by CBS News, one of the key sticking points between Democrats and Republicans involves healthcare provisions in the proposed bill. Democrats want provisions in the bill that would help fund healthcare for millions of Americans across the country. They also want restrictions on President The President’s ability to withhold such healthcare funding. Republicans have so far refused to entertain these provisi…
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OpenAI just released Instant Checkout for ChatGPT—a new feature that lets users directly make purchases within the ChatGPT interface. ChatGPT can now spend your money for you. It’s a huge deal—both for users, brands, and the future of agentic AI. Here’s why. Stickers at the ready Consumers are already enthusiastically turning to chatbots like ChatGPT to research products before deciding what to buy. As TechCrunch shared earlier this year, referrals from chatbots to top merchant websites are up almost 400% year over year. I personally used ChatGPT to research an $800+ laptop purchase this summer. Before, users could do their research in ChatGPT, …
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The new Adobe Premiere Mobile is now available for free in the Apple Store. It promises “pro-level” video editing for YouTube and TikTok pros—or anyone who needs cutting multiple tracks of video at 4K resolution together with motion graphics, subtitles generation, overlay captions, AI-generated stickers, and a never-ending list of technical features. That’s cool, but Adobe really had me on board when it showed off its AI sound generator, which can interpret your vocals to generate actual effects. Like you hum, “pa-pa! pa-pa! Paaaaa-para-pa-PA!” in your iPhone’s microphone, ask Premier to turn it into a fanfare, and it will remake your voice into a full orchestral 20th…
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