Business

Throughout her life, Accenture CEO Julie Sweet hasn’t been afraid to throw out the playbook, and, in the age of AI, both she and her Fortune 500 clients are in the middle of another reinvention. Going into her freshman year at Claremont McKenna College, Sweet, who grew up in a middle class Tustin, Calif. family, decided to study international relations …

‘Easier to Pump’: Crypto Coin Backed by Trumps Opens for Trading  Bloomberg.com WLFI Token Launch: How To Trade, Unlock and Navigate the First Listings  CCN.com A Surprise New $40 Billion Trump Crypto Is Suddenly Hitting The Market As Bitcoin Predicted To Top $1 Million Price  Forbes World Liberty perpetuals’ debut implies $40 billion FDV ahead of first unlock on Sept. 1  The Block World …

DES MOINES, Iowa — Powerball players will get another chance Monday at a jackpot estimated at over $1 billion, after no one won the big prize Saturday night. No one has matched all six numbers since May 31, allowing the jackpot to swell to $1.1 billion, which would be the fifth-largest prize in the game’s history. Payments would be spread …

WASHINGTON (AP) — President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank’s independence in decades. The consequences could impact most Americans’ everyday lives: Economists worry that if Trump gets what he wants — a loyal Fed …

Services are where two-thirds of consumer spending goes. And that’s where inflation is. But it’s no longer in rents. By Wolf Richter for WOLF STREET. The core services PCE Price Index, which excludes energy services, accelerated to +0.36% (+4.4% annualized) in July from June, the third month in a row of acceleration. The increase was driven by non-housing services; rents continued to decelerate. …

Marvell Technology (MRVL) shares crashed 18.60% on Friday after the company issued a weaker-than-expected forecast for the third quarter. The sharp decline came despite second-quarter results showing strong growth in revenue, steady profits, and earnings in line with expectations. However, investors focused on the outlook rather than the recent gains, which led to a selloff in the stock. Elevate Your …

Walk around the Hamptons this summer, and you might run into people holding a plastic cup full of lilac stripes. Look a little closer, and you’ll see two small words printed on the 20-ounce container: Dorsia and Drugstore. The words might not mean much to the untrained eye, but they represent the Hamptons‘ new drink of choice, from Drugstore, a …

A comp sci degree is no longer a job offer magnet  Morning Brew How is artificial intelligence affecting job searches?  CBS News First-of-its-kind Stanford study: AI is starting to have a ‘significant and disproportionate impact’  Fortune Skip the Computer Science Degree—Why Some Software Engineers Aren’t in High Demand Anymore  Investopedia How AI Is Taking Jobs but Helping the Economy | U.S. News Decision Points …

Astra Pill Cuts Hard-to-Treat Blood Pressure in Late-Stage Trial  Bloomberg.com There may soon be a new approach to treat hard-to-control high blood pressure  CNN New drug hailed as ‘gamechanger’ in tackling stubbornly high blood pressure  The Guardian New blood pressure pill ‘lowers risk of heart problems in 12 weeks’  The Independent Stubborn high blood pressure drops with an experimental drug that targets hormone imbalance  Medical …