Author: arthursheikin@gmail.com

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Monzo has reported annual revenues of more than £1bn for the first time and a steep rise in profits, but played down speculation of an imminent initial public offering. The London-based fintech reported pre-tax profit of £60.5mn for the 12 months to March, just under four times its profits a year earlier.Since launching in the UK more than a decade ago as a digital challenger bank to take on the country’s traditional high-street lenders, Monzo has attracted more than 12mn personal…

[ad_1] Mark Cuban says there’s a simple explanation for why inflation hasn’t risen as much as economists predicted in recent months — and it all comes down to President Donald Trump’s tariffs and the trade uncertainty they’ve triggered.In an X post on Sunday, the billionaire entrepreneur said businesses are playing a high-stakes guessing game with tariffs, which is stopping them from raising prices.”They borrow money or use their available cash to front-run the tariffs and buy as much inventory as they can. 3, 6 months or longer,” Cuban wrote.This kind of stockpiling is intended to lock in better prices ahead…

[ad_1] RBC Capital Markets thinks shares of Church & Dwight could see a rebound as tariff and consumer woes appear to have eased in recent weeks. The company also has a new growth engine with its recent acquisition, according to the firm. Analyst Nik Modi upgraded the consumer products company to outperform from sector perform and lifted his price target by $14 to $114. His new target suggests that the stock can jump about 16% from its latest close. Church & Dwight, which owns brands including Arm & Hammer and Nair, declined 7% on May 1 after the company issued…

[ad_1] I’ve been working since I was 14, and I’ve always had at least one side gig on top of a primary job. Through economic dips, graduate school, and raising three kids as a single mom, my backup jobs have brought me peace of mind for 25 years.I was raised to believe class was a state of mind. “Always broke, but never poor,” my father said. He was a Florida State Park ranger, and my mom was in and out of cosmetology school. They worked hard, but their paychecks weren’t enough.By the time I was in first grade, we’d lived…

[ad_1] In the ritzy 7th arrondissement of Paris, in a building that also counts fashion house Yves Saint Laurent as a tenant, $18 billion Capital Fund Management is hoping to straddle the line.The quant firm is trying to retain what it believes is its edge — an academic culture with a French flair — while also expanding its reach and brand in the US. The manager is happy to see Paris’s financial services footprint grow, but wary of new competition entering its backyard. CFM is simultaneously proud of its 34-year-old history and constantly iterating on things that have historically been…

[ad_1] This as-told-to essay is based on a conversation with Kira West, a Brooklyn native and lifestyle content creator who relocated to London in January. The following has been edited for length and clarity.I work in marketing and the travel tech industry. I’ve also long considered living overseas.Having professional experience internationally is valuable, and luckily, I work for a global company, which is partly what attracted me to moving from Chicago to London. Still, it didn’t just happen overnight: There were years of conversations, months and months of paperwork, and lots of approvals required to make this happen.Once I finally…

[ad_1] The Class of 2025 is preparing to enter the workforce, and it can be a daunting prospect.In a conversation with Business Insider, Irmgard Naudin ten Cate, global talent attraction and acquisition leader at the Big Four firm EY, told us about the key pieces of advice she shares with college students preparing to embark on their careers.She said students should lean into networking early, be open to trying out job simulations, prepare with AI, and emphasize soft skills in interviews.Develop your soft skillsNaudin ten Cate said it’s important to highlight soft skills as well as more technical skills in…

[ad_1] More than two decades after Steve Ballmer’s frenzied “Developers! Developers! Developers!” chant became a viral sensation, the former Microsoft CEO said it wasn’t just for show.Ballmer broke down the iconic moment — sweat, shouting, and all — on an episode of the “Acquired” podcast published Monday. He said it was a strategic “call to action” for Microsoft then.Ballmer was frustrated with how Microsoft’s culture in the early 2000s still saw itself as “just a platform company,” he said.Internally, teams were focused on building the infrastructure — Windows, Windows Server, ActiveX — but weren’t doing enough to engage external developers…

[ad_1] London CNN  —  Global stocks mostly dipped on Monday as investors digested President Donald Trump’s doubling of tariffs on American’s steel imports and as trade tensions with China flare up once again. In Asia, Hong Kong’s Hang Seng index closed down 0.6%, while Australia’s S&P/ASX 200 and Japan’s Nikkei 225 finished the day 0.2% and 1.3% lower, respectively. South Korea’s KOSPI closed up 0.1%, however. Stocks opened lower in Europe. The region’s benchmark Stoxx Europe 600 index had ticked down 0.4% by 6.12 am ET, while Germany’s DAX and France’s CAC had fallen 0.5% and 0.6% lower, respectively. London’s…

[ad_1] Generative AI comes in many forms. Increasingly, though, it’s marketed the same way: with human names and personas that make it feel less like code and more like a co-worker. A growing number of startups are anthropomorphizing AI to build trust fast — and soften its threat to human jobs. It’s dehumanizing, and it’s accelerating. I get why this framing took off. In today’s upside-down economy, where every hire feels like a risk, enterprise startups — many emerging from the famed accelerator Y Combinator — are pitching AI not as software but as staff. They’re selling replacements. AI assistants.…