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The S&P 500 faces negative returns in 2026, GMO warns
ANGELA WEISS / AFP via Getty ImagesGMO's Ben Inker predicts weak S&P 500 returns due to high AI stock concentration.Inker expects a market rotation from expensive AI stocks to cheaper sectors in 2026.He favors Japanese small-cap stocks and European value stocks over US growth stocks.If you're familiar with GMO, the asset management house cofounded by value investing legend Jeremy Grantham, you know the firm tends to issue bearish forecasts for the broader market.So you may not be surprised t -
Retail Trends: Smarter Loyalty, Better Value
via retailpro.comOne of the biggest hurdles online retailers have long faced is the lack of personal touch they can offer customers. Today, however, data-savvy retailers are flipping the script. Advances in technology and analytics now allow retailers to deliver highly targeted … Continue reading →
The post Retail Trends: Smarter Loyalty, Better Value first appeared on Retail Pro Blog. -
A Facebook veteran took a big career risk that resulted in a 'giant failure' — but embracing a 'J-curve' career path paid off
Former Facebook exec Molly Graham said she took a big risk that resulted in a product flop, but the growth opportunity helped her become a leader at billion-dollar firms.credit should read ROBYN BECK/AFP via Getty ImagesMolly Graham said making a risky move while at Facebook helped set her up for later leadership roles.She calls the experience a "J-curve," where a big career bet eventually spawns outsized gains."My gut felt really strongly that I needed to take the risk," Graham told Business In -
I developed stabbing stomach pain as a college football player. It turned out to be stage 4 colon cancer.
Khalil Smith was a freshman in college when he was diagnosed with Stage IV colon cancer.Courtesy of Khalil SmithA college athlete had stabbing stomach pains that wouldn't go away for months.After several days of tests, doctors discovered late-stage colon cancer.Immunotherapy worked better for him than traditional cancer treatment.It felt like someone was stabbing me in the stomach.At the time, there were plenty of halfway reasonable explanations why my stomach might be hurting. Maybe it's a cold -
2026 is set to be a pivotal year for Apple — one that could shape CEO Tim Cook's legacy
Tim Cook is the CEO of Apple.Tom Williams/CQ-Roll Call, Inc via Getty ImagesTim Cook's 15-year tenure as Apple CEO has been marked by political balancing acts and swings in innovation.In 2026, he's grappling with trade policy changes and pressure to keep Apple's competitive edge.Tech analysts and insiders say his last chapter could be shaped by succession planning and AI.Tim Cook has built a reputation as a steady stalwart of Apple during his nearly 15-year tenure as CEO. His next — and po -
Here are the fastest-growing finance jobs in New York City, and what they pay
: Plexi Images/GHI/UCG/Universal Images Group via Getty ImagesNew York City's Significant Industry report lists the top 10 most common finance jobs.The report also listed the projected growth rates and median salary for each.General and operations managers are the fastest-growing finance position in the city.Looking for a job in the competitive world of finance so you can rock a vest to work every day or score one of those snazzy banker bags?Great! There are many career paths you can take in the -
EY's global chief innovation officer says adaptability is the 'new job security.' He does 3 things to stay current.
Joe Depa is the global chief innovation officer at EY.EYEY's Joe Depa predicts adaptability will become "the new job security" in 2026.He said it's essential to keep learning through formal education or self-study.The global chief innovation officer also suggests calling on mentors and applying what you learn.While you may not be able to outrun AI, you can move with it.With AI transforming so many jobs, EY's Joe Depa says adaptability will be the "new job security" in 2026."The ability to adapt -
Adidas could be in trouble as a 20-year shift towards more casual attire comes to an end
Former Canadian Prime Minister Justin Trudeau's Adidas shoes in May 2025.Chris Jackson/Getty ImagesBank of America gave Adidas a rare double-downgrade, and now has a "sell" rating on the stock.It's a contrarian call, considering the bullishness of the rest of Wall Street.BofA says the Adidas brand as a 20-year "casualization" of fashion draws to a close.We as a society are far more casual than we used to be.People wear full-on pajamas to the airport. TV hosts regularly wear sneakers with suits o -
I'm the CEO and founder of Madison Reed. I check my phone as soon as I wake up, and keep my inbox at zero.
Amy Errett, the CEO of Madison Reed, has a nearly 12-hour workday.SolCommsAmy Errett, the CEO of Madison Reed, has a structured routine that starts at 5:30 a.m.Errett prioritizes exercise, downtime for thinking, and interviews every key hire.She ends her days with a family dinner where she reflects on the good and bad of the day.This as-told-to essay is based on a conversation with Amy Errett, the founder and CEO of Madison Reed. Errett is based in Northern California and founded the hair care c -
This chart showing ChatGPT vs. Gemini web traffic should have OpenAI worried
ChatGPT and Gemini's recent web traffic patterns, per Similarweb data, highlight the tightening AI race.Jaque Silva/NurPhoto via Getty ImagesChatGPT's web traffic has decreased since November, when Google launched Gemini 3.Gemini traffic increased by 28% month-over-month in December, while ChatGPT's traffic decreased by 5.6%, per Similarweb.ChatGPT still has the lead, but it could demonstrate shifting tides in the AI race.OpenAI's recent "code red" over Gemini makes a lot of sense when you look -
A new era of geopolitical risk is rewiring global commodity markets
VCG/VCG via Getty ImagesGeopolitical tensions have surged in recent years.While stock markets have mostly shrugged off risks, commodity markets have been rewired.US actions in Venezuela are the latest example of a new era of geopolitics shaping the market.It might be hard to tell by looking at the stock market, but investors are living in a new era of geopolitical risk.While equity markets have largely shrugged off the latest geopolitical shocks, the last few years of hot and cold wars have rewi -
I quit Meta and left a comfortable salary to build a startup. Leaving wasn't easy, but now my AI receptionist answers millions of calls.
Ruchir Baronia.Courtesy of Ruchir BaroniaRuchir Baronia left Meta to launch Frontdesk, an AI startup that automates business calls.His early coding projects, including Rescuer, showed him the real-world impact and reach of code.Now, he works with a team of other former Big Tech professionals to help businesses prevent customer loss.My clearest memory from middle school is pacing in my bedroom, phone in hand, repeating the word 'wake' again and again. I was testing a voice app I had written. If I -
McKinsey's CEO breaks down how AI is reshaping its workforce: 25% growth in some roles, 25% cuts in others
McKinsey's global managing partner said AI changing the shape of its workforce.Joan Cros/NurPhoto via Getty ImagesMcKinsey's top partner said AI is fundamentally reshaping its workforce.Client-facing roles are growing by 25%, while non-client-facing roles are shrinking.McKinsey now employs 40,000 people and 25,000 AI agents, and could have equal numbers by year-end.McKinsey's top executive shared some hard numbers on how AI is reshaping the consulting giant's workforce.Bob Sternfels, McKinsey's -
I deleted Instagram from my phone for a year. Being desktop-only connected me to friends without the drawbacks.
In: film cameras. Out: documenting everything on our phones.Julia PugachevskyI deleted Instagram from my phone for a year and only used it on my desktop.I felt happier because I was more present and stopped comparing myself to others as much.It made me crave being even more offline.A little over a year ago, I started my 2025 resolution early: purging Instagram from my phone.If you're a boomer or Gen Xer — someone who didn't grow up uploading multiple albums of each college party onto Faceb -
The tech guys can't get you to wear face computers. But they're not giving up.
The queen tried Meta's Ray-Bans back in 2022. Will more of us try them this year?Kirsty O'Connor/APBig Tech tried and tried to get you to wear virtual-reality headsets.You haven't been interested.Now they're trying again, with cheaper, lighter glasses.The tech industry has spent roughly a gazillion dollars trying to convince people to strap face computers on their heads. It hasn't worked.But the tech guys haven't given up. Their new pitch: Instead of buying bulky goggles that replace your realit -
Y Combinator veterans raise $15 million to build an AI money manager that thinks like a wealthy family office
ATG cofounders Dillon Erb and Daniel Kobran.Autonomous Technologies GroupATG cofounders Dillon Erb and Daniel Kobran raised $15 million to build an AI wealth strategist.Y Combinator CEO Garry Tan led ATG's latest round.ATG's app, Autonomous, aims to help users with investment strategies employed by the ultrawealthy.Serial entrepreneurs and two-time Y Combinator grads Dillon Erb and Daniel Kobran announced Wednesday that they have raised $15 million to build a personalized AI-powered financial ad -
Marcus Lemonis ordered to pay $14 million over negative comments about participants on his reality show 'The Profit'
Marcus Lemonis was ordered by an arbitrator to pay more than $14 million to a a group of business owners whose companies appeared on the CNBC reality show "The Profit."Frederick M. Brown/Getty ImagesAn arbitrator ordered Marcus Lemonis to pay $14.1 million after finding he violated a 2021 settlement tied to his CNBC show "The Profit."The arbitration award and findings were filed in New York State Supreme Court as part of a petition seeking to have the arbitration ruling enforced.The 2021 settlem -
'Burden of command': How a brutal recruiting mission broke some Marines leading the charge
Matt Rota for BIMarine recruiters have long faced some of the most challenging workplace conditions of all military recruiters, the Pentagon's own surveys show. A Business Insider investigation reveals the pressure to find enlistees hasn't been limited to rank-and-file recruiters; it has also taken a toll on higher-ups, contributing to a raft of firings and allegations of abusive work conditions.Interviews and Marine Corps investigation documents exclusively obtained by Business Insider detail h -
I quit my job in London to move to Barcelona and start a business. I fly back for meetings twice a month — but it's worth it.
Ethan Spibey now lives in Barcelona with his husband and dog.Courtesy of Ethan SpibeyEthan Spibey has loved Barcelona since he studied there during university.After years of often visiting the Spanish city, he quit his successful career in the UK to live there.He launched his own business and regularly flies to London for meetings, but says it's worth it.This as-told-to essay is based on a conversation with Ethan Spibey, 33, a consultant who lives in Barcelona. The following has been edited for -
ChatGPT is the new WebMD
Getty Images; Alyssa Powell/BIA few times a week, Jonathan Freidin, a medical malpractice attorney in Miami, says he'll notice that people will fill out his firm's client contact sheet with text littered with emojis and headings. That's a telltale sign that they copied and pasted from ChatGPT. Other clients will say they've "done a lot of research" on their potential case using AI. "We're seeing a lot more callers who feel like they have a case because ChatGPT or Gemini told them that the doctor -
The DoorDash Deep Throat scam lays bare our new era of untruthiness
Getty Images; Tyler Le/BIThis past weekend, the internet was set ablaze by a post on r/Confessions claiming to be from a software engineer-turned-whistleblower working at a food delivery app. "I'm posting this from a library wi-fi on a burner laptop because I am technically under a massive NDA," wrote the purported Deep Throat. "You guys always suspect the algorithms are rigged against you, but the reality is so much more depressing than the conspiracy theories."The poster then went on to make a -
Elon Musk says China will 'far exceed the rest of the world in AI compute'
Elon Musk says China is going to "have more power than anyone else and probably will have more chips."Evelyn Hockstein/ReutersElon Musk says China is poised to lead the world in AI compute.China's electricity advantage could give it an edge in scaling AI systems.China will also "figure out the chips," Musk said.Elon Musk says China is on track to outpace every other country in the computing power needed to run AI.The Tesla and SpaceX CEO said in an episode of the "Moonshots with Peter Diamandis" -
A Venezuela oil revival could set up winners — and losers — in US energy
Venezuela is home to the world's largest oil reserves, but its energy industry has been battered by decades of underinvestment, sanctions, and political instability.Jose Bula Urrutia/UCG/Universal Images Group/Getty ImagesInvestors are betting on new investment in Venezuela's battered oil sector after the US raid over the weekend.A surge in Venezuelan oil could squeeze smaller US shale producers, analysts warn.Heavier Venezuelan crude may boost refiners while dragging on oil prices and shale fir -
Berkshire Hathaway's new CEO has a much higher salary than Warren Buffett did
Greg Abel will make $25 million in cash in his new role.Kevin Dietsch/Getty ImagesBerkshire Hathaway disclosed that Greg Abel will make $25 million in his new CEO role.Abel's pay is a significant increase from Warren Buffett's famous $100,000 salary.Abel is expected to maintain Berkshire Hathaway's investment philosophy.Berkshire Hathaway is paying its new CEO, Greg Abel, $25 million each year, a big bump from Warren Buffett's pay.The company disclosed Abel's annual cash salary in a filing with -
The companies that make your hard disk drives are having a rally of a lifetime
Hard-drive and storage stocks surged after Nvidia CEO Jensen Huang described the memory storage market as "completely unserved."Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesThe companies behind hard drives and storage are leading a stock rally.The surge comes after Jensen Huang flagged data storage as a key constraint for AI at CES 2026.SanDisk led the rally, jumping about 28% on Tuesday.The companies behind some of tech's least glamorous products — hard drives and -
Gwyneth Paltrow says she unlearned one of her biggest struggles at work when she turned 40: disappointing men
Gwyneth Paltrow says she worked with a coach to unlearn her fear of disappointing people.Dia Dipasupil/WireImageGwyneth Paltrow says she unlearned her habit of people-pleasing when she turned 40."I worked with a coach on how to hold the uncomfortable feelings of disappointing somebody else," she said.Paltrow said she used to struggle with that whenever she was working with men.Gwyneth Paltrow says she worked with a coach to unlearn people-pleasing in her 40s.On Tuesday's episode of "Good Hang wi -
Jensen Huang said he is 'perfectly fine' with the California billionaire wealth tax and breaks with other tech CEOs
Nvidia CEO Jensen Huang said he is "perfectly fine" with California's proposed billionaire wealth tax.Patrick T. Fallon / AFP via Getty ImagesNvidia CEO Jensen Huang said he is "perfectly fine" with California's proposed wealth tax.Huang cited Silicon Valley's talent pool as his reason for staying, despite the potential tax implications.The proposed 5% billionaire wealth tax aims to raise $100 billion for California over five years.Nvidia CEO Jensen Huang seems like he's not losing sleep over Ca -
Donald Trump says Venezuela would give 30 to 50 million barrels of oil to the US, to be controlled by him
President Donald Trump announced a plan to import over 30 million barrels of Venezuelan oil to the US market.Kevin Lamarque/ReutersPresident Donald Trump announced a plan to import over 30 million barrels of Venezuelan oil to the US market.Venezuela's interim president, Delcy Rodríguez, has not commented on Trump's proposal.Trump is considering subsidizing oil companies to expand their operation to Venezuela.President Donald Trump said he's wasting no time when it comes to oil in Venezuel -
I'm at CES in Las Vegas to check out the latest in autonomous driving. Here's what I've learned so far.
Business Insider is on the ground at Las Vegas CES 2026.Lloyd Lee/BIRobotaxis and autonomous cars once again have a large presence at CES 2026. Several companies, including Amazon's Zoox, are providing off-site demos.Business Insider is providing an on-the-ground look at the latest in the advanced mobility space.Business Insider is taking on CES 2026.I'm on the ground in Las Vegas from Tuesday to Thursday, taking in all there is to know about the latest in the driverless space.Robotaxis and self -
$33 billion Brevan Howard's two biggest funds lagged macro peers last year. Here are the returns.
Brevan Howard is now run by CEO Aron Landry, who succeeded the firm's billionaire founder, Alan Howard.Brevan HowardBrevan Howard returned 8% and 0.8% in its two largest funds for 2025, a person close to the firm said.The manager lagged behind its macro rivals, including Bridgewater and Discovery, which had banner years.The firm's smaller Emerging Markets strategy returned more than 15% however.Brevan Howard, the long-running macro investment manager with $33 billion in assets, finished 2025 loo
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