Business Insider

11 hours ago | businessinsider.com | Max Adams |Christine Ji |Henry Blodget

Investors are betting that the US economy will continue to grow and they're behaving as if there's "no recession risk whatsoever," market research firm The Leuthold Group wrote in a note last week. That conclusion is based on a key indicator, the S&P 500 Cyclical/Defensive Ratio, which compares the most economically sensitive sectors, like consumer discretionary, industrials, and materials, to more stable areas of the market such as consumer staples, healthcare, and utilities.

12 hours ago | businessinsider.com | Bartie Scott |Juliana Kaplan |Henry Blodget

Do you want to share your location with me? Eighteen of my closest friends and family already do. On a Tuesday evening in early June, I can map a digital town square of that real-life network. One friend is still at the office; two are at Central Park; another is at home hundreds of miles away from me. These are people who share their location with me, not just for directions, but in perpetuity through the Find My Friends app.

1 day ago | businessinsider.com | Polly Thompson |Henry Blodget

Baker Tilly and Moss Adams merged this week in a deal that marks another shake-up for mid-market consulting firms and emphasizes the role being played by private equity in US accounting. The two firms, which are both in the tier below the Big Four, have a combined annual revenue of over $3 billion. By joining forces, they've catapulted themselves above BDO, Grant Thornton US, and CLA to become the 6th largest accounting firm by revenue in the US.

1 day ago | businessinsider.com | Ashley Rodriguez |Dominick Reuter |Henry Blodget

Corporate Pride is looking a little less proud this year. Companies seem to have followed a common Pride Month playbook for the past several years. The checklist included changing social media avatars to rainbow logos, sponsoring parade floats, making donations, or casting ads a little differently from the rest of the year. This June, corporate Pride seems quieter amid a combination of cultural and political pressure against DEI in general, and the LGBTQ+ community in particular.

1 day ago | businessinsider.com | Kiera Fields |Charissa Cheong |Henry Blodget

This as-told-to essay is based on a transcribed conversation with 34-year-old Meghan Gezo, from Michigan. The following has been edited for length and clarity. In 2022, I left my job working remotely in people operations for a US company. Juggling my job and raising my one-year-old wasn't working. I wanted to take a break while I looked for another opportunity that would allow me to have better work-life boundaries.