Business

Business

The economy is a tale of two halves at present, with wealthy consumers reporting confidence in their outlook, while those at the lower end of the income ladder reportedly feel they're living in a recession-albeit without widespread job losses. This is what economists are calling a 'K-shaped economy,' where the fortunes of two distinct sets of consumers are increasingly diverging over time.

The investor of 'The Big Short' fame hit back at the Palantir CEO in an X post on Sunday night, after Karp blasted his latest bets as 'batshit crazy' in a televised interview last week. 'Doesn't surprise me one bit that Alex Karp and his 'ontology' @PalantirTech cannot crack a simple 13F.A fundamental principle of any rigorous ontological/epistemological model - whether philosophical or in data science - is recognizing when your information set is insufficient for valid conclusions,' he added.

What mattered more than the headline miss was what the numbers revealed about the underlying business: electrolyzer revenue surged 46% sequentially, but the company's gross losses actually narrowed. That's the real story here. The GenEco electrolyzer segment delivered the quarter's bright spot. Revenue hit $65M, up 46% from Q2 2025, with over 230 MW of electrolyzers now mobilized globally. This is exactly what management has been banking on to drive future profitability. The segment's sequential growth suggests real commercial traction in hydrogen production equipment.

Choose your heroes very carefully and then emulate them. You will never be perfect, but you can always be better.

As competition for SMB loyalty intensifies, financial institutions are rethinking where the first touchpoint begins. Increasingly, that entry point isn't a checking account or a loan - it's a card. Truist's recent launch of its Business Premium Visa Infinite card fits squarely into that evolution. The super-regional bank is using the card as a relationship anchor: a gateway into an ecosystem of payments, working capital, and treasury solutions built around how small businesses operate.

The dollar index hovered near 99.6 on Monday, stabilizing as optimism grew that a deal could end the US government shutdown. As a result, the dollar found some support from a rise in Treasury yields across maturities, with the 10-year note moving close to 4.14%. New hopes could fuel risk appetite and drive investors away from treasuries. Senate Majority Leader John Thune said over the weekend that a bipartisan budget framework is taking shape, potentially reopening the government through January.

Big Tech and other superstars of the U.S. stock market are rallying on Monday, as Wall Street recovers most of its loss from last week. The S&P 500 climbed 1.3% to claw back three-quarters of its drop from last week, which was its first weekly loss in four. The Dow Jones Industrial Average was up 245 points, or 0.5%, as of 1:15 p.m. Eastern time, and the Nasdaq composite was 2.1% higher. Nvidia was by far the strongest force lifting the market and rallied 4.8%.

Tether no longer looks like a simple stablecoin company. It runs a balance sheet packed with short-term US Treasurys, reverse repos, gold and even Bitcoin ( BTC). It mints and redeems dollars at scale and can freeze addresses at the request of law enforcement. That is why both critics and supporters say Tether is behaving like a private dollar-linked central bank for parts of the crypto economy, though without a sovereign mandate or safety net.

Marriott guests who had booked accommodations at Sonder properties say they were blindsided. Tim Schaefer, a blogger from New York, told Business Insider he had booked two separate Sonder apartments in New York City for a total of 10 days. But he received cancellation emails from Sonder and Marriott about an hour before his check-in on Sunday. He said he spoke with Marriott's help desk for an hour, asking for help booking another hotel for himself and his spouse at the same price,

According to Mexico's latest census, an estimated 19.4 percent of the population self-identifies as Indigenous. That's over 23.2 million people. (By contrast, in the United States, which has nearly three times as many people, the Indigenous population is about a third of that amount.) Even so, the emergence of an Indigenous political movement in Mexico is a fairly recent development.

More than 100 jobs are at risk at Aston Martin's St Athan plant in the Vale of Glamorgan, as the luxury carmaker grapples with US trade tariffs and falling demand from China. The company, which began production at its Welsh site in 2019, confirmed that staff consultations are under way but said no final decision on redundancies has yet been made.

However, many YouTubers have reduced their reliance on ad revenue and brand deals. There are several reasons for this shift. First, ad revenue can be unpredictable. With YouTube continually updating its policies, some creators find it challenging to secure ads for their videos, which can negatively impact their earnings. They've also realized that income from these streams can vanish unexpectedly.

Due to the ongoing contractual impasse between YouTube TV and Disney, which is preventing Disney-owned channels (including ABC and ESPN) from appearing on the streaming platform, YouTube TV is offering a $20 credit to its subscribers.

Carlyle first became a lender to the Very Group in 2021 with a loan of undisclosed size. The investor followed that up in 2024 with about 85m out of a 125m debt package. Carlyle's total financing to the business is thought to be more than 500m. Abu Dhabi-based investment fund International Media Investments (IMI), which also lent to Very, is expected to remain a lender.

While companies may aim for a future where generative AI can replace the work of a junior employee, the technology is in its "shadowing" era, sitting deskside and learning the ropes. AI training, the process of refining a large language model's responses to make it more accurate, requires real humans to evaluate how well the AI answers a prompt. When applied to wonky professions, like investment banking, where examples of real work aren't easily found online, that human guidance is even greater.

Someone who employs a carer directly has obligations as an employer, including registering as an employer and making income tax, USC and PRSI deductions from wages. You'd also have to consider your obligations under the new auto-enrolment retirement savings scheme that starts on January 1. This applies to employees who don't already have a pension scheme in respect of that employment, who earn more than €20,000 per year, and are aged between 23 and 60.

Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or a portfolio consists of income and stock appreciation. Let's take a closer look at the concept of total return. Imagine you purchase a stock at $20 that offers a 3% dividend. If the stock price rises to $22 within a year, your total return is 13%. This is calculated by adding the 10% increase in stock price to the 3% dividend.

Over the past month, XRP has fallen 22.6% to around $2.30. The chart shows a steady downtrend. Recovery attempts keep failing as sellers remain in control. XRP has dropped below the Bollinger Band midline, with resistance near $2.46. The lower band at $2.24 provides temporary support, but repeated tests suggest it could break under more selling pressure. Buying interest is weak, and trading volume has dropped compared to past surges. Short-term moving averages (MA5 and MA10) sit above the current price, signaling bearish momentum.