Latest business news and market updates
Universities are struggling to adapt curricula to the rapid rise of AI in the workforce, with many professors banning its use while students argue for integration. This creates a disconnect between academic expectations and future career realities.
A coalition of 56 online creators with 46 million followers is urging Home Depot and Lowe's to terminate contracts with Flock Safety, citing privacy concerns and potential misuse of data by law enforcement, particularly against immigrant communities.
OpenAI CEO Sam Altman has stated that the company will not pursue an IPO in 2026, citing significant AI safety concerns. He believes going public now would force prioritization of shareholder interests over critical safety measures.
Descartes Systems Group (DSGX) reported record Q2 revenue of $201 million, up 12% year-over-year, driven by strong demand for its trade intelligence and logistics solutions. The company's strategic acquisitions are bolstering its growth, though integration risks remain. Analysts suggest a potential 30% stock increase.
A Standard Chartered analyst has set a price target for Sky Protocol's SKY token, predicting a 400% increase by 2028. The analyst draws parallels between Sky Protocol and a federal bank, highlighting its stablecoin issuance and governance structure.
US monthly inflation rose 0.4% in August, primarily due to a 3.9% jump in gasoline prices. This unexpected acceleration, coupled with rising energy costs and persistent shelter price increases, has significantly boosted market expectations for a Federal Reserve interest rate hike next week.
Apple's first foldable iPhone, the Duo, offers a massive 7.6-inch display but comes with significant trade-offs. Users sacrifice top-tier camera hardware, Face ID, the Action Button, and experience reduced battery life compared to the iPhone 18 Pro lineup, all at a premium price point starting at $1,999.
Apple has announced its latest iPhone 18 Pro, Pro Max, and the groundbreaking iPhone Duo foldable. Pre-orders for the Pro models start September 12, with the Duo following on October 16. Delivery times may extend past initial release dates.
Eleven Domino’s Pizza locations in Ohio, operated by franchisee Anthony Satterwhite, have abruptly closed. The closures, attributed to apparent financial struggles, have impacted local communities and raise questions about franchisee stability within the pizza giant.