Accounting and law firms are among the most likely to be hurt as AI pervades professional services, private equity executives warned in recent interviews with the Financial Times.
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GOING OUT OF BUSINESS TRENDS
The wave of business failures and closures continues to accelerate, cutting across retail, restaurants, manufacturing, nonprofits, and even healthcare due to rising costs and weakening demand.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Layoffs continue to hit major sectors of the economy, from Wall Street to Silicon Valley to manufacturing and public services.
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TRUMP’S ATTEMPT TO END THE IRAN WAR INFURIATES THE UNIPARTY
Against the odds, the Memorandum of Understanding signed by the US and Iran appears to be holding, after threats and counter-threats.
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WSJ POLL FINDS THAT EVEN THE RICHEST AMERICANS ARE CONCERNED ABOUT THEIR FINANCIAL FUTURE
The Wall Street Journal published a survey last week that found Americans who consider themselves firmly entrenched in the upper-class or upper-middle class are worried about their financial future and believe future generations will not have it any easier.
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CHEW ON THIS: 70 PERCENT OF KIDS FROM AGES FOUR TO 10 LOOK AT ELECTRONIC DEVICES DURING DINNER TIME
A newly released survey found that 70 percent of children aged four to 10 years old look at electronic devices during dinner time with their family, and 75 percent of parents admit to scrolling through social media sites during what used to be considered the family meal.
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NEARLY EVERYONE HAS AT LEAST ONE FOREVER CHEMICAL IN THEIR BLOODSTREAMS, STUDY SAYS
A newly published study that looked into more than 10,000 blood samples found that just 19 contained one polyfluoroalkyl substance, or PFAS, while the others contained multiple, proving to researchers that nearly everyone has forever chemicals in their blood.
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GEN Z REVOLUTION: ONE IN THREE ADULTS UNDER 35 LIVE WITH THEIR PARENTS, REPORT SAYS
Young adults have been priced out of the U.S. housing market and have been forced to live at home with their parents as dreams of homeownership dim with rising inflation and home prices.
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IN TRUMP’S AMERICA, IT’S RED, WHITE, AND KRATOM
The New York Times ran a report last week that said top players in President Donald Trump’s orbit have close ties to an addictive drug called kratom that has been linked to various health issues, including liver toxicity.
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TRUMP’S DOJ COMES TO MUSK’S AID IN FIGHT OVER POLLUTION FROM MISSISSIPPI DATA CENTER: REPORT
President Donald Trump’s Justice Department sprang into action to defend data centers being built in Mississippi for Elon Musk’s xAI, which face a lawsuit over pollution from their gas-powered turbines, stating that the lawsuit should be dismissed because it risks national security.