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JPMorgan Chase CEO Jamie Dimon spoke at the 2025 Reagan National Economic Forum on Friday. Noam Galai/Getty Images Jamie Dimon spoke at the 2025 Reagan National Economic Forum on Friday. Dimon said he hoped the US could "get our own act together" amid the US-China trade war. Trump said China "violated" its trade agreement with the US this week. JPMorgan Chase CEO Jamie Dimon said the United States needs to get its act together on trade — quickly. Dimon discussed the ongoing tension between the United States and China on Friday at the 2025 Reagan National Economic Forum, where he led a fireside chat. When asked what his biggest worry was right now, Dimon pointed to the shifting global geopolitical and economic landscape, including trade. "We have problems and we've got to deal with them," Dimon said before referring to "the enemy within." Addressing the "enemy within," he said, includes fixing how the United States approa...

It’s no surprise that many big, left-leaning social media accounts have recently joined Bluesky — but a new analysis from the Pew Research Center attempts to quantify that shift. This comes as an update to Pew’s news influencer report released in November 2024, which did not include Bluesky in its numbers. The report focused on […] from TechCrunch https://ift.tt/5ViXRzN via IFTTT

The Anthropic logo is displayed on a smartphone screen. Rafael Henrique/SOPA/Getty Images AI's impact is affecting entry-level engineering roles. Anthropic CPO Mike Krieger said the company is focused on hiring more experienced employees instead. Anthropic's CEO, meanwhile, has warned that AI could eliminate 50% of entry-level jobs. Anthropic CPO Mike Krieger , who also cofounded Instagram, says the job market is going to be tough for new grads. Krieger told The New York Times' "Hard Fork" podcast on Friday that Anthropic is focused instead on hiring experienced engineers. He said he still has "some hesitancy" with entry-level workers. To some extent, that's a reflection of Anthropic's internal structure, which doesn't yet support a "really good internship program," Krieger said. Internships have long been the golden ticket to lucrative entry-level tech jobs. But it also shows how AI is upending the labor market, even a...

The NAACP is calling on local officials to halt operations at Colossus, the “supercomputer” facility operated by Elon Musk’s xAI in South Memphis. As reported in NBC News, leaders from the civil rights group sent a letter Thursday to the Shelby County Health Department and Memphis Light Gas and Water criticizing the organizations’ “lackadaisical approach […] from TechCrunch https://ift.tt/kVBYOn3 via IFTTT

Catherine Falls Commercial/Getty Images The Fed's preferred inflation gauge cooled in April, but prices could heat back up this year. High housing costs will prevent inflation from coming down, says Stifel's chief economist. A rate hike could be in the cards by the end of the year, she predicted. The Federal Reserve's favorite inflation measure, the personal consumption expenditures index, cooled in April, but there's a corner of the economy that may still be a problem for the central bank. Lindsey Piegza, Stifel's chief economist, believes inflationary pressures will pick up in the second half of this year and potentially lead to a rate hike. That's because the still-hot housing market could hobble further progress on inflation, she said. April's PCE reading of 2.1% is the lowest since March 2021, and below consensus estimates of 2.2%. But zooming in, other recent inflation data shows that the housing market isn't seeing the same kind of d...

Drone operators of the 3rd Assault Brigade are seen working at positions near the frontline in the direction of Borova, Kharkiv Oblast, Ukraine. Wolfgang Schwan/Anadolu via Getty Images The war in Ukraine shows that the way Western militaries are run is outdated, a UK minister warned. Drones evolve so fast that "we have to fundamentally challenge our assumptions," Luke Pollard said. He was speaking at a summit of more than 100 drone companies, military officials, and ministers. The war in Ukraine has shown that the way Western militaries are run is "outdated" because of how fast battlefield tech like drones evolves, a defence minister has warned. Luke Pollard, the UK's armed forces minister, said Ukraine's fight against Russia's invasion showed "the way we have run our militaries, the way we have run our defense, is outdated. And that is the case across the NATO alliance." Pollard said that drones had "shifted the tectonic plat...

Harvard student David Gayle, a 29-year-old policy advisor from London and a Kennedy Memorial Trust scholar, is unsure if he can finish his graduate degree. Courtesy of David Gayle The Trump administration suspended Harvard's certificate to enroll foreign students on May 22. International students like David Gayle were left uncertain about their status. A temporary stay is in place, but Gayle, a Kennedy Memorial Trust scholar, says his future is unclear. This as-told-to essay is based on a conversation with David Gayle, a 29-year-old policy advisor from London completing a master's degree in public policy at the Harvard Kennedy School. It's been edited for length and clarity. I remember exactly where I was when I saw the news. Finals for my first year in my master's in public policy program had just ended, and I was on a bus going from Boston to New York City. I was excited about a weekend away with my friends and feeling free for the first time in many days. ...

Delaware’s attorney general is hiring an investment bank to advise on OpenAI’s for-profit conversion, the Wall Street Journal reported on Wednesday. The independent evaluation could prolong the transition, or gum up OpenAI’s plans even further. OpenAI’s conversion will help it attract new investment and eventually go public, but first, the startup needs to secure approvals […] from TechCrunch https://ift.tt/ty5wrla via IFTTT

When you buy through our links, Business Insider may earn an affiliate commission. Learn more The best Abercrombie promo codes can help you save on your order. Talia Ergas/Business Insider; Abercrombie & Fitch Update: We scoured the internet for coupons and did not find any active Abercrombie discount codes at this time. We'll add more to this page as they come up, so check back soon. In the meantime, check out Abercrombie's ongoing deals below or head back to your cart . Abercrombie evolves with the trends, which is why it's still one of our favorite brands. The retailer's recent comeback has brought with it some of our favorite denim, loungewear, and workwear. It can be pricey, though, which is why it helps to have a good Abercrombie promo code to use at checkout. Our style experts on the Reviews team have tested dozens of pairs of jeans for quality and comfort, and Abercrombie's live up to the hype. We love the High Rise Vintage Flare Jeans, which ...

When you buy through our links, Business Insider may earn an affiliate commission. Learn more The best queen mattress sales come from editor-favorite brands like Casper and Nectar. Casper;Nectar/Business Insider You shouldn't rush a mattress purchase. After all, the bed we sleep on affects our mood during the day just as much as the quality of our sleep at night. But that doesn't mean you have to spend thousands of dollars. In fact, the best queen mattress sales happening now can help you upgrade your bed on a budget. Memorial Day is over, but plenty of our favorite mattress brands are keeping the festivities going by extending their sales past the holiday. With significant markdowns available on foam, hybrid, and organic mattresses, you'll be able to find a good deal no matter your preference. If you're ready to upgrade your bed but don't know where to start, read our full best mattress guide to learn more about our favorites. Ahead, find the best queen ma...

Brian van der Brug / Los Angeles Times via Getty Images BlackRock is betting there's upside ahead for renewable and clean energy stocks. Energy demand will make clean energy essential for the US. Risks related to tariffs and policy are priced into the market, the firm said. US clean energy might seem an early victim of policy shifts and funding cuts, but BlackRock says its still a key source of power and an area of the stock market that could rise. Even with renewable power facing heightened scrutiny from the Trump administration, coupled with the erosion of tax benefits in the congressional reconciliation bill, two things should keep investors interested in the space. First, energy demand isn't ebbing , and clean energy will be needed more than ever. "The US likely needs more of all kinds of energy to meet AI's needs ," BlackRock wrote in a note on Tuesday. "Industry projections see US data center electricity consumption rising between 50% and ...

Patrick Dempsey on the grid with Christian Horner, the team principal of Oracle Red Bull Racing, during the 2025 Monaco Grand Prix. Mark Thompson/Getty Images The 2025 Monaco Grand Prix took place on Sunday. The ritzy Formula 1 race often attracts celebrities. Jeff Bezos, Lauren Sánchez, Sofía Vergara, Patrick Dempsey, and Naomi Campbell were in attendance. The Monaco Grand Prix is arguably the most glamorous Formula 1 race on the calendar, attracting a slew of A-listers, from billionaires and athletes to actors and models. Jeff Bezos , his fiancée Lauren Sánchez , "Modern Family" star Sofía Vergara , and Patrick Dempsey were among the celebrities who turned up on Sunday to watch as McLaren driver Lando Norris secured his second win of the season. Here's a look at some of the stars who were seen at the Monaco Grand Prix. Jeff Bezos and Lauren Sánchez Jeff Bezos and Lauren Sánchez at the 2025 Monaco Grand Prix. Arnold Jerocki/FilmMagic Jeff Bezos, the fo...

When you buy through our links, Business Insider may earn an affiliate commission. Learn more Use MasterClass to learn from celebrity instructors like Gordon Ramsay, Mark Cuban, and Martha Stewart. MasterClass Online courses can be helpful tools for picking up new hobbies and skills. Luckily, there are lots of online learning platforms that can help you out. But out of all the ones we've tested, MasterClass offers some of the best topics and instructors, especially for learning creative skills. A membership isn't cheap, though, and there's no free version. But if there's a class you've been itching to try out, you're in luck. The current MasterClass 2025 Memorial Day Sale is a great opportunity to get a discounted subscription. See more Memorial Day sales In honor of the holiday, MasterClass is offering 40% off your first year of any annual plan , bringing the Standard plan down to $72, the Plus plan down to $108, and the Premium plan down to $144. Wh...

House Speaker Mike Johnson is a key ally of President Donald Trump. Tom Williams/CQ-Roll Call, Inc via Getty Images Mike Johnson on Sunday brushed off concerns over Trump's recent meme coin dinner. Johnson told CNN he didn't know details about the dinner but said Trump was transparent. "He has nothing to hide, and he's out there trying to advance America's interests," Johnson said. House Speaker Mike Johnson brushed off concerns on Sunday about President Donald Trump 's private meme coin dinner, arguing that the president does "everything out in the open." While speaking with CNN's Jake Tapper, Johnson said he had no knowledge of the private dinner, which raised concerns from some lawmakers over conflicts of interest and whether attendees were seeking to sway Trump on cryptocurrency policy. When Johnson was asked about the lack of disclosure regarding the list of attendees at the meme coin dinner , the speaker said the president ha...

When you buy through our links, Business Insider may earn an affiliate commission. Learn more Sony, Sunski, Garmin, Dash, Hexclad, Allbirds/Insider The Memorial Day sales are finally here, and with them come some of the best deals we've seen this year. In honor of the long weekend, our favorite retailers, big and small, are offering sitewide discounts, bundle and save deals, coupons, and more. So to make your shopping spree a little easier, we're rounding up the best ones right here. If you've been holding off on making a major purchase, it's your time to shine. Memorial Day always brings huge price drops on big-ticket items like mattresses, appliances, and furniture. But there are deals in virtually any category, from tech to beauty to fitness gear to clothing. No purchase is too big or small to take advantage of these deals. With so many sales to browse through, it can get overwhelming. Luckily, that's what we're here for. Read on to find the best Memo...