Bank of America hired contractors to protect its software from powerful rogue AI agents
CEO Brian Moynihan told analysts that BofA had hired 1,000 extra staff for what he called "Mythos remediation."
Business Insider - AI2 min read
Finance
22 stories
Ray Dalio and billionaire F1 boss Toto Wolff traded tips on how to get the best out of staff using 'tough love'
Ray Dalio and Toto Wolff discuss leadership and team management strategies at the Milken Institute Asia Summit, emphasizing tough love.
Business Insider - AI3 min read
EY adds nearly 10,000 staff globally as its AI business booms
The Big Four firm's AI-related sales were up 49% in its latest financial year as its dives into huge projects to transform clients' businesses.
Business Insider - AI3 min read
How to find out if your kid will get $250 from Michael and Susan Dell in their Trump Account this week
Michael and Susan Dell's $6.25 billion gift is being distributed across the Trump Accounts of 25 million children this week.
Business Insider - AI3 min read
I retired at 58, regretted it, and went back to work. At 67, I was finally ready to quit again.
Misty Miller, 67, retired early but returned to work due to financial concerns. She later retired again, focusing on personal fulfillment.
Business Insider - AI7 min read
The CEO of Edward Jones said one risky decision made her career take off
More than a decade into her career, Penny Pennington made the leap from banking to financial advising.
Business Insider - AI3 min read
I reached Coast FIRE at 34 on a teacher's salary. Here's how I did it while still enjoying life.
Taryn Williams shares her journey from financial illiteracy to achieving Coast FIRE at 34 through strategic budgeting and investing.
Business Insider - AI4 min read
I tried to stop being anxious about money. It completely backfired.
Gen Z faces financial anxiety despite early investing and saving efforts, feeling pressured by social media and economic challenges.
Business Insider - AI10 min read
Real-estate investors who started with little savings share 4 creative ways they bought property
One investor used his paid-off truck to buy property. Three others found creative ways in.
Business Insider - AI4 min read
My son's Trump Account app is boring. Here's why I think other investing apps should take note.
I opened up a Trump Account for my son, and was struck by how boring it was. That's great news for encouraging responsible investing.
Business Insider - AI6 min read
'Bond King' Bill Gross shares his best investment ever — and the brutal bet that lost him 50% in a month
Pimco billionaire Bill Gross told BI why he's a big fan of pipeline stocks, and walked through a terrible wager he made in 1969.
Business Insider - AI4 min read
Ramp's Broadway musical was the worst show I've ever seen. I'm still glad it exists.
I went to Ramp's Broadway musical, "Bill Pay." It was confusing, sloppy, and overly self-loving. But I'm happy the actors got paid.
Business Insider - AI4 min read
Older Americans are afraid to spend their riches in retirement
Prudential Financial's Retirement Pulse survey shows retirees fear spending savings and prefer guaranteed income to avoid financial insecurity.
Business Insider - AI5 min read
The states where borrowers owe the most in federal student loans, ranked by average balance
The total federal student loan portfolio now exceeds $1.72 trillion, with 42.3 million borrowers. But borrowers in Maryland owe the most on average.
Business Insider - AI5 min read
The logic behind Trump sending out $500 checks to nearly 1 million Americans, according to policy experts
President Trump may be trying to pick up votes, "taking a dig" at the Biden administration, or making an ideological point, two policy gurus told BI.
Business Insider - AI4 min read
One of hedge funds’ longest-running legal battles is set to ramp up again with $165 million in pay on the line
The legal dispute began before President Barack Obama's first term began.
Business Insider - AI4 min read
Bankers, don't dodge train fares on your commute. It could get you barred from the industry.
Joseph Molloy, a former HSBC executive, used a method called "donutting" to avoid almost $8,000 of train fares.
Business Insider - AI2 min read
I worked a finance day job and a supermarket night job. I've saved up nearly $300K toward early retirement.
Ryan Lowe lives with his parents in Massachusetts and recently worked two jobs. The 27-year-old wants to retire in his 40s and spend time traveling.
Business Insider - AI4 min read
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