American Express and Microsoft team up to automate everyone's most dreaded task: expense reports. Will Amex or startups like Brex and Expensify win?
Work
A Bloomberg MLIV survey shows economists and investors don’t use AI and don’t see their jobs at risk. But they like AI bets.
80% of Real Estate and 59% of Finance workers now have to work in offices again. Tech folks still mostly get to work from home.
Goldman CEO David Solomon’s pay was cut more in 2022 than his peers at 2 other big banks. Here’s the figures for all of them.
Here’s the CFPB’s new Making Ends Meet research report with lots of key stats on household financial health ahead of 2023.
Here wealth needed to be in each category $38m to be in top 0.1%; $10m for next 0.9% (the rest of the top 1%); $1.8m for next 9% (rest of top 10%); $165,382 next 40% (rest of top half).
More jobs, less unemployment, and higher wages than expected will pressure Fed to keep up inflation battle and keep rates higher.
Spot on team collab advice from … Ryan Reynolds?
“We live in a world that’s increasingly gamified, and I think we have an instinct to win, crush and kill. But if you can disengage or disarm that instinct for a second and replace it with seeking to learn about somebody instead, that, as a leadership quality, for me, has quite literally changed every aspect of my life.”
Chronological age matters less than how well our bodies and brains work — and how much we need money.
Elon’s be extremely hardcore or leave mandate backfires as hundreds more resign from Twitter.
“I've been a licensed psychotherapist in Silicon Valley for the past decade, and I've never witnessed such an atmosphere of panic and insecurity amid the massive tech layoffs”
Job market resilient but execs in many sectors warn of hiring slowdowns
Politics are ruining the American Dream of having a chance at a better life. But we can’t believe the hype. This is a good thought piece on the topic.
This deep dive on how the rich do their doomsday prepping is both terrifying and educational. The prepper economy keeps growing.
After 315k new jobs in August, U.S. economy now has 240k more jobs than pre-pandemic.
