Author: arthursheikin@gmail.com

[ad_1] Lovable CEO Anton Osika says he isn’t bothered by Mark Zuckerberg’s aggressive AI hiring spree at Meta.In an interview that aired Monday, Osika told podcaster Harry Stebbings that his vibe-coding startup was looking for a “very different type of talent” than Meta.”For Zuck, it’s like there’s these 10 people that know everything about how to train foundation models and he’s paying more for that knowledge than for these people,” Osika told Stebbings.But that sort of talent isn’t what Lovable is looking for, Osika said.”They wouldn’t perform as well as the engineers in my team, doing what we are doing.…

[ad_1] Investors have warned that big economies are entering a new period of “fiscal dominance”, in which central banks are under growing pressure to keep interest rates artificially low to offset the cost of record government borrowing.The most prominent case is the US, where President Donald Trump has urged the Federal Reserve to slash rates to save billions of dollars in debt-servicing charges.But government debt loads and rising borrowing costs in countries such as the UK and Japan are also putting central banks under pressure to ease monetary policy, economists and investors say, through other means such as slowing plans…

[ad_1] 2025-08-20T00:22:46Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Chipotle announced an Urban Outfitters product line and a new loyalty program for college students. The products, geared toward Gen Z, include a Chipotle-themed blanket, lamp, and bean bag chairs. The loyalty program offers students points to redeem toward free meals — or save on guacamole. Chipotle wants you…

[ad_1] Andy Cross/MediaNews Group/The Denver Post via Getty Images 2025-08-19T23:23:54Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. A mysterious new AI image model has been generating buzz for being so good. There is speculation that Google is behind it, and the company may have just confirmed this. It’s bananas! Nano Banana.Unless you’re deep in the weeds of…

[ad_1] The era of mass quitting has given way to something very different: “job hugging.”That’s what consultants at Korn Ferry are calling the new labor-market trend, where workers are holding onto their jobs “for dear life” despite the whiplash of RTO mandates and a lack of emphasis on workplace loyalty.”The phrase ‘job hugging’ just kind of coined itself, because of the reluctance of especially top performers to leave where they’re currently at,” Stacy DeCesaro, a managing consultant at Korn Ferry, told Business Insider.”There was some momentum built up in January, but then the tariffs definitely gave a lot of pause…

[ad_1] Within the AI boom — or bubble, as Sam Altman called it at a recent dinner — there will be winners and losers. Some will likely soar like Amazon did out of the dot-com days; others may flounder like Pets.com.In the late 1990s, the stock market reached new heights, propelled by the rise of digital-first companies. The dot-com bubble eventually burst, sending companies like Webvan and eToys.com into bankruptcy. That era also spawned some of the tech mammoths we still use today, like Amazon and eBay.OpenAI chairman Bret Taylor thinks that era and the AI boom have a lot in common.…

[ad_1] 2025-08-19T20:07:42Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Target has struggled to grow sales in recent years, and store visits have been down. Some analysts are expecting mixed results when the company reports earnings on Wednesday. Business Insider saw some of the challenges in visits to three stores across the US earlier this summer. Target has…

[ad_1] These days, bond investors should seek stability in high-quality assets, according to Pimco chief investment officer Dan Ivascyn. Investors can still find compelling yields while navigating both uneconomic uncertainty and concerns over global tensions, he said. This week, the global focus has been on the Russia-Ukraine war . On Monday, President Donald Trump met with Ukrainian President Volodymyr Zelenskyy and European leaders following the his summit last week with Russian President Vladimir Putin. Meanwhile, investors are closely watching U.S. economic data for an indication of when the Federal Reserve might start decreasing rates. Fed funds futures pricing data suggests…

[ad_1] It’s clear which big box retailer is pulling ahead this earnings season. Victoria Greene, investment chief at G Squared Private Wealth, told CNBC’s “Power Check” on Tuesday that Target has lost its way, while competitor Walmart has a deep understanding of its customers — a divergence that’s sure to bear out when the companies report quarterly results this week. Target is set to release results Wednesday after the close, while Walmart will report Thursday. Here are the investor’s thoughts ahead of those reports. Target Greene said she is steering clear of Target until the big box retailer figures out…

[ad_1] On Friday, The Information reported that Meta was preparing to tear down its existing AI org and reorganize it into four new groups. Four days later, the change has been made official with an internal memo, as reported by Bloomberg and The New York Times. The changes were announced by Scale AI founder Alexandr Wang, who joined Meta as chief AI officer in June. Meta’s new organization for AI will be called the Meta Superintelligence Labs, or MSL. The centerpiece is a new group called TBD Labs, which will be run by Wang. The group will focus on foundation…