Counter-Strike 2 update wipes $2 billion in real money from games economy

Mashable : Economy
Five player charcters grouped up and posing with guns in 'Counter-Strike 2.'

A Counter-Strike 2 update has crashed the video game's economy, wiping over $2 billion in real-world value.

The economy doesn't need true AGI, says Replit CEO

Tech Insider : Business, Economy
amjad masad
True AGI may be civilization-changing, but "functional AGI" is already economically transformative and enough to reshape society, said Replit CEO Amjad Masad.

Stephen McCarthy/Sportsfile for Web Summit Qatar via Getty Images

Walmart's new raise strategy for hourly store workers rewards more than just loyalty, leaked documents show

Tech Insider : Business, Economy, Style
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida.
Walmart employees now have more influence over the amount of their annual raises.

Joe Raedle/Getty Images

Apple loses UK antitrust lawsuit over App Store fees

Engadget : Economy

Apple will owe money to UK users after losing an App Store antitrust lawsuit there on Thursday, according to Financial Times. The Competition Appeal Tribunal ruled that the iPhone maker abused its dominant market position to inflate developer fees.

It's official: Student-loan forgiveness confirmation emails are now hitting borrowers' inboxes

Tech Insider : Economy, Business
President Donald Trump
President Donald Trump's administration is processing new student-loan forgiveness.

Kevin Dietsch/Getty Images

I moved from India to the US in 2000. When I finally got my green card, I quit my job and started my own company.

Tech Insider : Business, Economy, Technology
Jyoti Bansal headshot
Jyoti Bansal came to the US with an H-1B visa and sold his company for $3.7 billion in 2017.

Courtesy of Jyoti Bansal

How a 241% tariff on pistachios 40 years ago helped America take over the $5.6 billion global market

Tech Insider : Business, Economy, Style
woman bent down to ground picking up soil in her hands
Rebecca Kaser helps run Avellar-Moore Farms, a small family-run operation in California's Central Valley.

Mike Abela/Business Insider

An airline forced to cancel 70 flights when it washed plane seats wrong says it has a fix — replacing 1,700 seat covers

Tech Insider : Business, Economy, Travel
A Finnair Airbus A321 lands at London Heathrow Airport, England on Monday 14th September 2020.
Finnair expects all its Airbus A321s to be back in the skies by the end of the month.

Robert Smith/MI News/NurPhoto via Getty Images

We flew basic economy with Delta and American Airlines. Both were better than expected, but one key difference surprised us.

Tech Insider : Travel, Travel, Business
A composite image of passengers boarding an American Airlines flight and inside a dimly lit economy cabin on a Delta flight
We compared basic economy on American Airlines and Delta.

Joey Hadden/Business Insider, Anneta Konstantinides/Business Insider

I'm a millionaire and had a rift with a family member over a $1,000 loan. It wasn't about the money.

Tech Insider : Business, Economy
Joy Slabaugh
Joy Slabaugh works as a financial therapist. Even with her expertise, lending money to family members can be difficult, she says.

Joanna Kulesza for BI

When one of my relatives asked for a $1,000 loan, I felt two emotions immediately: guilt and dread.

Subscribe to Economy