Uber is reportedly betting that customers won't realize that a 25% fee on a $70 ride equals $17.50. The company's pricing strategy appears to rely on customers not calculating the actual fee amount from the percentage shown.
Job seekers face a tough environment, but widespread AI-caused job losses have been overblown so far. Instead, AI is creating demand for workers with AI skills, while those who don't adapt may face replacement. Companies are building smaller, AI-native teams as AI makes individuals more productive.
New data suggests bitcoin may be emerging as a leading safe haven asset, with recent performance indicating its potential role in portfolio protection during market uncertainty.
Wall Street firms are showing increasing interest in bitcoin, with multiple institutions competing to enter the cryptocurrency market. This heightened activity reflects growing institutional adoption of digital assets.
Robinhood is growing twice as fast as Charles Schwab across all major metrics, prompting traditional brokerages to adopt crypto, prediction markets, and tokenization strategies to remain competitive.
The S&P 500 has recorded three consecutive weeks with at least 3% gains, an occurrence that has only happened three times in the last 76 years. The previous two instances preceded some of the most powerful bull runs in American history, with average returns of 33% over the following 12 months.