Company travel rises by 15% as businesses resume sending employees on the road, Navan reports
Businesses Embrace In-Person Connections with Rising Travel Rates It’s becoming clear: companies are bringing their employees back to the office and onto planes again. According to the Navan Business Travel Index (BTI), there’s been a 15% rise in business travel compared to last year. Mobility has picked up, too, with a striking 54% increase since […]
Some businesses are rejecting credit card fees to maintain low prices.
Local Diners Opt for Cash-Only Policies to Keep Prices Down Feeling frustrated by the rising prices of burgers and seafood dishes? You’re not alone. Many diners share this sentiment, and some small businesses have tapped into a cash-only system to combat the 2-3% fees charged by credit card companies. This strategy allows them to keep […]
Michael Saylor isn’t worried about the increase of Ethereum treasury businesses.
Michael Saylor, executive chairman of Strategy and a prominent figure in the Bitcoin community, appears unfazed by the increasing interest the Treasury is showing in ether and other cryptocurrencies. “There’s a huge wave of innovation happening in the crypto space. I think it benefits everyone involved in digital assets,” Saylor remarked during a Bloomberg interview […]
Small businesses are increasingly adopting AI, and 40% intend to create new jobs.
Goldman Sachs Highlights Small Business AI Adoption A recent study from Goldman Sachs indicates that small business owners across the United States are eagerly embracing artificial intelligence to foster growth. Many owners are optimistic, suggesting these advancements will lead to new job opportunities in the coming year. According to the latest findings from Goldman’s 10,000 […]
SEO is no longer relevant as AI tools such as ChatGPT take over search results for businesses.
SEO is Evolving: Embrace AI or Get Left Behind Three years ago, I suggested that Google was heading towards obsolescence like dial-up modems. Many thought I was out of my mind. But, well, it seems I had a point. My browsing habits have changed significantly since then. Consider the current numbers: ChatGPT boasts over 180 […]
New NYC Council plan will burden businesses with regulations and extra expenses for job postings, say critics.
A group representing New York City’s business sector has voiced concerns over new city council proposals aimed at companies, arguing these will impose unnecessary burdens and extra costs when job postings are made. The legislation, put forth by Queens Councillor Selevena Brooks Powers, extends far beyond a previous law implemented in 2022, which mandated businesses […]
Businesses face challenges from a tax amid shifting economic conditions.
Insights from Federal Reserve Governor on Economic Trends During a panel in Boston, Federal Reserve Governor Lisa Cook expressed her concerns regarding recent employment data, suggesting it might signal a pivotal moment for the US economy. The anticipated job report for July, alongside significant downward adjustments to employment benefits from prior months, raises questions about […]
NYC Businesses Allegedly Defrauded of $19M by One Phishing Email
A prominent real estate firm known for its luxury properties reportedly fell victim to a phishing scam that resulted in the loss of nearly $19 million. Milford Entities/Management Company, which manages properties like the Liberty View and Liberty Luxe in Battery Park City, was targeted by cybercriminals back in early July, as revealed by various […]
Businesses Are Cutting Jobs Due to AI
A recent report indicates that AI has already led to tens of thousands of job losses in the United States. Gray & Christmas, a firm specializing in executive outplacement, notes that the tech sector is undergoing significant restructuring, with job cuts rising by 36%. In fact, the rapid adoption of AI by private companies resulted […]
Free small businesses from tariffs
President Donald Trump continues to address his critics by highlighting recent trade developments. This week, he announced a significant trade agreement with the European Union, totaling around $1.35 trillion. This follows his successful negotiation of a $550 billion deal with Japan just days earlier. Notably, the U.S. Treasury Department has reported record-breaking tariff revenues, accumulating […]