Finance

Visa is winning the AI race in payments, but the question is whether it will pay off

Visa snagged the top spot in the AI maturity index.PATRICIA DE MELO MOREIRA/AFP via Getty ImagesEvident released its first index for AI maturity in the payments industry.Major brands like Visa, Mas...

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Sam Altman scores a win over Elon Musk as judge tosses xAI poaching suit

Sam Altman (left) and Elon Musk (right) have taken their legal battle to the court of public opinion, trading barbs in posts on X.Getty ImagesElon Musk's xAI accused OpenAI of poaching employees fo...

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Anthropic pushes Claude into Excel and PowerPoint, escalating AI battle with Microsoft and OpenAI

Anthropic CEO Dario Amodei at the World Economic Forum in DavosYves Herman/REUTERSAnthropic is embedding AI more deeply in popular work software tools.Claude AI now integrates with Excel, PowerPoin...

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I was laid off last year and have only managed to get 1 job interview. I have 20 years of experience and am worried about my future.

Shaun Chavis has applied for tons of jobs since getting laid off.Courtesy of Shaun ChavisShaun Chavis has 20 years of experience in journalism and communications.She has been ghosted by dozens of e...

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'A Knight of the Seven Kingdoms': All the details you might have missed in season one

Dexter Sol Ansell as Egg and Peter Claffey as Dunk in "A Knight of the Seven Kingdoms."Steffan Hill/HBOThe season one finale of HBO's "A Knight of the Seven Kingdoms" aired on Sunday.The "Game of T...

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Mortgage debt may blow past $2 trillion in 2026, Equifax Canada says

Mortgage debt hit $1.95 trillion in the fourth quarter of 2025, a 2.6 per cent increase from the previous year, according to the latest market pulse report from Equifax Canada Inc. Des...

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OpenAI salaries revealed: How much the ChatGPT maker pays AI researchers, engineers, and other key roles

OpenAI cofounder and CEO Sam Altman.Nathan Howard—Bloomberg/Getty Images/ReutersOpenAI employees are among the most well-compensated in Silicon Valley.The AI lab has continued to hire abroad despit...

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You can try to frame a budget in a nice way, but you can’t escape the math

I always loved the three Rs of my childhood education — reading, ‘riting and ‘rithmetic — and I often apply them when reviewing budgets, which are starting to be presented by various Canadia...

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Here's why mortgage renewals may be the banks' biggest rip-off

A client recently told me their ...

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Garry Marr: Mexico unrest shows it's time to start thinking of your vacation as an investment and hedge your bets

Investments come in many different categories. It might be time that the family vacation be considered one of them. The return is something you look forward to for months and look back on wit...

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Mortgage rates are back below 6%, the lowest since 2022

Mortgage rates have dropped sharply from a year ago.Sha Hanting/China News Service/VCG/Getty ImagesThe 30-year fixed mortgage rate fell to 5.99%, tying the lowest level since 2022.A stock sell-off ...

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BofA downplays the jitters around Blue Owl and says misinformation is rattling private credit

Michael M. Santiago/Getty ImagesHeadlines about Blue Owl Capital have sparked fears about the state of private credit. BofA says worries are driven by a lack of understanding and misinformation. Th...

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Freaking out about AI destroying jobs? Look here to see what's really happening.

Tech leaders, including Dario Amodei and Sam Altman, at an AI summit in IndiaFortune via Reuters ConnectA version of this story originally appeared in the BI Tech Memo newsletter.Sign up for the we...

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IBM stock sinks as Anthropic rolls out yet another disruptive AI tool

Matthias Balk/picture alliance via Getty ImagesIBM stock dropped 13% on Monday after Anthropic unveiled a new AI tool.Its newest update is geared toward helping companies modernize a legacy program...

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The Government Is Trying to Rein in Medicare Advantage Costs. Will It Work?

Keeping healthcare costs under control is crucial for retirees. Something good recently happened. The Centers for Medicare and Medicaid Services (CMS) announced that its proposed average inc...

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A research report warning of an AI-driven recession and stock crash has gone viral and spooked investors

Craig T Fruchtman/Getty ImagesThe AI trade has boosted markets, but one market research firm has a warning for investors.Citrini Research's hypothetical scenario sees AI leading to a stock crash an...

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Trump's admin confirms that selling federal student loans to private companies is still on the table

President Donald TrumpSaul Loeb/AFP/Getty ImagesThe Education Department said it has not made a final decision on selling off federal student loans.It's the first time the administration has public...

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AI agents make agreeable coworkers, and that's a problem for solo business owners. Here are 3 ways they're fixing it.

Founders Tim Desoto, Yesim Saydan, and Aaron Sneed all implemented a strategy to make their AI employees better.Courtesy of Tim Desoto and Yesim Saydan; Michelle Bruzzese for BIOverly agreeable AI ...

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You could burn through $50,000 covering an unemployment stint in today's market

Joanelle Cobos (left) and Clair Todd (right) prepared financially for layoffs but faced a challenging job market.Joanelle Cobos (left), Clair Todd (right)Job seekers are taking longer to find work ...

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What goes into a $75,000 a year kindergarten? Breaking down the cost of New York City private schools.

The Avenues School will be Manhattan's most expensive private school next year, with tuition of more than $75,000 for kids as young as two.Katie Warren/BITuition at eight New York City private sch...

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These gig workers are quitting apps like Uber and looking for full-time jobs or other side-hustles

Gig workers are quitting apps like Uber, saying that pay and working conditions have gotten worse.Stacey Wescott/Chicago Tribune/Tribune News Service via Getty ImagesSome gig workers are calling it...

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