A lot can change in 16 years. In 2009, a drug conviction landed Coss Marte a seven-year prison sentence. This year, Marte expects to bring in as much as $12 million selling cannabis legally. Marte, 39, is the founder and CEO of Conbud, one of the first businesses fully-licensed to sell recreational cannabis in Manhattan, […]
Inflation has steadily cooled over the past two years, despite seeing a slight stall in October and November. Prices for items such as gasoline, used cars and energy have all declined accordingly. However, food prices continue to outpace inflation, increasing by 28% since 2019. More than 85% of consumers report feeling frustrated with rising grocery […]
Data centers powering artificial intelligence and cloud computing are pushing energy demand and production to new limits. Global electricity use could rise as much as 75% by 2050, according to the U.S. Department of Energy, with the tech industry’s AI ambitions driving much of the surge. Data centers powering AI and cloud computing could soon […]
The holiday buying season is here, but the familiar rush of shopping and seasonal jobs is taking on a new shape as online shopping continues to shift the work landscape. This year, retailers are expected to add 520,000 seasonal jobs, a drop from last year’s 564,000, according to outplacement firm Challenger, Gray & Christmas. The […]
As the world transitions from the pandemic, corporate America’s evolving stance on remote work has given rise to an intriguing workplace trend: coffee badging. “Coffee badging was a term that Owl Labs coined as part of its 2023 State of Hybrid Work report,” said Frank Weishaupt, CEO of the videoconferencing tech maker. “And what we […]
Fast-food companies like Yum! Brands’ KFC and McDonald’s are getting back into chicken tenders as a way to attract consumers with a low-risk, high-reward bet on a familiar favorite. Nearly half of all fast-food restaurants served the chicken item as of the third quarter, up 5.7% from the same period in 2019, according to Technomic’s […]
In October 2021, Facebook CEO Mark Zuckerberg sent his trillion-dollar social media company into a new direction. Facebook changed its name to Meta and Zuckerberg set his sights on a new horizon, the metaverse. “There was genuinely a need and a desire at the time for Facebook, the company, to rebrand into something else,” said […]
The results of the presidential election will have a big impact on the economy, foreign relations and health care. But when it comes to technology, one of the most powerful people shaping regulation isn’t a candidate at all. It’s Sam Altman. Neither Republican candidate Donald Trump nor his Democratic rival, Vice President Kamala Harris, have […]
Men have been steadily dropping out of the workforce, especially men ages 25 to 54, who are considered to be in their prime working years. According to the U.S. Bureau of Labor Statistics, the unemployment rate for prime-age working men was 3.4% in August 2024. This number primarily includes those who are unemployed and looking […]
