JGI/Tom Grill Despite brightening economic data — slowing inflation, low unemployment, and a seemingly nonexistent recession — the new year has started off with layoffs. So far in January, Citigroup announced it was cutting 10% of its workforce; within tech, Google cut hundreds of jobs across its engineering and hardware teams, while Amazon […]
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Spot bitcoin ETFs are taking Wall Street by storm. Experts say options are next
Exchange-traded fund experts anticipate spot bitcoin ETFs, which debuted this month, to spark a new wave of crypto products. Cboe Global Markets’ Catherine Clay believes options are a natural progression for bitcoin ETFs. “We believe that the utility of the options, what they provide to the end investor in terms […]
Is Costco’s $120 Executive membership a good deal? Here’s how much you need to spend to make it worthwhile
If you’re a Costco member, you’ve probably had this experience. You’re waiting on the checkout line when an employee holding a tablet asks if they can scan your membership card. They take a look at your profile and tell you that you’re a good candidate for the Costco Executive membership. […]
The 4 most important things we’re watching in the stock market this coming week
The major averages were all up for the holiday shortened trading week, with the S&P 500 closing at a new all-time high on Friday, beating its last record set in January 2022. The week’s biggest winner, however, was the tech-heavy Nasdaq, which gained more than 2%. The Magnificent Seven (Amazon, […]
42-year-old brings in more than $1 million a year from podcast and newsletter: It’s all about ‘quality and consistency’
In 2022, Lenny Rachitsky decided to try a new venture: Lenny’s Podcast. The now 42-year-old had founded a successful newsletter about product management, Lenny’s Newsletter, in 2019. Rachitsky was making a good living writing one post per week and working 10 to 20 hours on each, and wasn’t sure he […]
The ‘Five R’s’ of raising resilient kids, according to an Ivy League-trained doctor
If you want your kids to excel at a subject in school, you help them with their homework or hire a tutor. If you want them to be resilient, or able to recover from disappointment and handle stress, the path is less straightforward. In her new book “The 5 Principles […]
67-year-old American ‘happily retired’ in Mexico: I’m so relieved I did these 3 things in my 20s and 30s
As a retiree, when I look back at my life and reminisce with friends, it’s easy to focus on the negative. So for 2024, I’ve resolved to acknowledge and congratulate myself for things I did in the past. There were many choices I took for granted that turned out to […]
OpenAI CEO Sam Altman shares the simple, ‘most frequent advice’ he gives people—it ‘goes a surprisingly long way’
From asking for a promotion to requesting a favor from a friend, many people shy away from asking directly for the things they want. It’s understandable: You’d rather not risk the disappointment of hearing the word “no.” But ultimately, it’s a counterproductive approach, according to OpenAI CEO Sam Altman. “Being […]
Why there is a new global race to the moon
Japan recently became the fifth nation to successfully complete a soft landing on the moon’s surface, joining a select few countries — the U.S., Russia, China and India — in accomplishing this feat. But moon landings are likely to become more common over the next few years. Globally, more than […]
How Denver International Airport became one of the fastest-growing airports in the world
Last year was Denver International Airport’s busiest on record. While airline stocks have yet to fully recover to pre-pandemic levels, passengers have returned in droves — and millions of them are flying through the Colorado hub. “We will end 2023 much higher than our forecast at about 78 million passengers […]