Elite investment bank settles case that put Wall Street’s 100-hour weeks on trial – Business Insider

Megan LawtonBusiness reporter AFP via Getty Images The phrase “ghost jobs” might sound like something from Halloween, but it refers to the practice of employers advertising vacancies that don’t exist. In some cases the positions may have already been filled, but in others the job might not have ever been available. It’s a real and…

The Federal Aviation Administration ’s unprecedented order to scale back flights nationwide because of the record-long government shutdown took effect Friday morning, with some passengers trying to figure out backup travel plans. Airlines scrambled to adjust their schedules and began canceling flights Thursday in anticipation of the FAA’s official order, while travelers with plans for…

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Gold’s breakout above $5,000 is beginning to look less like a spike…

BYD Shenzhen, the world’s largest car transport ship (Source: BYD) In 2025, the world sold 20.7 million EVs – 3.6 million more EVs than it did in the previous year, according to a new report by Rho Motion. That’s a larger increase than last year’s 3.5 million increase, which was also higher than the previous…

Nvidia’s $20 billion move may help the company stay ahead in the fast-paced world of AI. Nvidia (NVDA +0.52%) has dominated the early stages of the artificial intelligence (AI) boom, and this is thanks to the company’s top-performing chips. These graphics processing units (GPUs) power the training of models, so that they have what it…

Required minimum distributions or RMDs are usually framed as a financial disaster. A ticking time bomb that should be avoided. In contrast, Roth conversions tend to be presented as an unambiguously savvy move. Pay taxes today, convert to a Roth IRA and watch your money grow tax-free. This is a tidy but incomplete narrative. Roth…