This tech CEO once laid off 80% of his staff for not doing this 1 thing fast enough — why he argues it was necessary for his business to survive
Anyone worried about AI and their job security would do well to heed the cautionary tale of IgniteTech, an enterprise software company. In early 2023, IgniteTech CEO Eric Vaughn dropped the hammer on nearly 80% of his workforce because they refused to adapt to AI fast enough. As Fortune reveals, Vaughan had launched “AI Mondays” […]
Las Vegas campaign looks to reel in new visitors after a slumping summer season — but it’s not the only hot spot seeing a decline. What’s going on?
Las Vegas has been synonymous with getaways since its glamorous heyday in the ’60s. Since it was once such a popular destination, it may seem odd that the city needs to launch an ad campaign to get people to visit. Surprisingly, though, that’s exactly what’s happening. The new campaign, called "Welcome to Fabulous Las Vegas,” […]
Colorado mom $53K in debt wonders if she should prioritize $12K in past-due rent — but Dave Ramsey can’t get past how she landed in such a ‘hot mess’
Maya, a mom from Colorado who recently got engaged, called The Ramsey Show (1) to ask for expert advice about how she should manage her debt snowball. She has around $53,000 in debt, including $16,000 in credit card debt, $14,000 on a vehicle loan for a car that was wrecked when she was uninsured, $12,000 […]
Chamath Palihapitiya declares ‘tariffs don’t create inflation,’ as August inflation numbers surprise economists — but does that add up?
Venture capitalist Chamath Palihapitiya made waves recently when he posted on social media platform X that “tariffs don’t create inflation” in the U.S. [1] His reasoning? Wholesale inflation prices in August rose 2.6%, which was lower than the 3.3% experts had predicted. At first glance, this looks like a win for consumers. But dig a […]
My friend asked out of nowhere to borrow $1,500 to pay her rent — I want to help but I’m not sure she can pay me back. Will this wreck the friendship?
Nothing says “good friend” like picking up the dinner tab, buying a thoughtful gift, or offering to spot someone in a pinch. Many of us are wired to be generous with the people we care about. But what happens when your bestie asks for a lot more than coffee money? Picture this: your close friend […]
Canadian man allegedly scammed multiple seniors out of $309K going door-to-door — and police believe more people were targeted. Here are the signs you’re being scammed
In July, Charlestown, Massachusetts police arrested a man in southern Indiana in connection with a scam that targeted American senior citizens across several states. Authorities say a senior Charlestown resident was tricked into withdrawing US$27,000 from his retirement accounts and handing the cash over to a man who showed up at his front door on […]
My husband, 39, died, leaving me with about $500K in debt between our mortgage, credit card and his consumer debt — will I be stuck paying it all?
When her husband Marcus died of a heart attack at 39, Elena was left with more than grief. The Seattle schoolteacher was suddenly a single mom with two small kids. She was also saddled with massive debt, including a $340,000 mortgage, a joint home-equity line of credit (HELOC) with a $50,000 balance and a shared […]
Arizona man’s $27K life savings drained after police say scammers ‘turned his phone into a weapon’ — what he did next saved him from losing it all
A man from Peoria, Arizona, was scammed out of his life savings in a matter of hours, and it all started with a text that he thought was from his bank. Earlier this year, a message that appeared to be from Bank of America was sent to Dave’s phone — who asked that only his […]
Maya saved $5,000 babysitting. Here’s how her mom is helping it grow
Maya is 14, and over the past few years she has quietly built up a sizeable balance in her chequing account from babysitting jobs. Rather than spending it all on Venti lattes or yoga pants, she has kept it safe in savings. Her mom, Rebecca, has already started saving for Maya’s post-secondary education and is […]
Buffett’s latest $9.7B acquisition has the hallmarks of a Berkshire deal — why the legend might have a ‘surprise or two’ left before he steps down
Berkshire Hathaway, with Warren Buffett still at the helm, announced on Oct. 2 its acquisition of OxyChem, Occidental Petroleum’s chemical business, for $9.7 billion in cash. Throughout his lifetime, Buffett has stood by the tenets of value investing — seeking out companies with stock prices that are lower than the intrinsic value of the business. […]