Morning Brew

5 days ago | morningbrew.com | Matty Merritt

For a couple grand, you can finally talk about off-loom beading for four days straight with a continuous stream of piña coladas coming at you. The cruise industry has more than rebounded from the pandemic, with a record 19 million Americans expected to set sail this year. And a growing number of them are opting for niche, themed cruises. There’s a cruise for thatThese days, it’s more a question of what there isn’t a cruise dedicated to than what there is.

6 days ago | morningbrew.com | Matty Merritt

Surely a bot can’t spend a full morning deleting emails and call it a day by 3pm…or can it? The billionaire CEO of Anthropic, Dario Amodei, told Axios this week that AI could eliminate 50% of all white-collar, entry-level roles within the next one to five years, potentially pushing unemployment rates up 10% to 20%.

1 week ago | morningbrew.com | Matty Merritt

It’s a buyer’s market…sort of. Last month, there were about 500,000 more people selling homes in the US than there were people trying to buy them, according to a report Redfin released yesterday. This is the biggest gap between buyers and sellers since the real estate company started collecting data in 2013. And while the new numbers look pretty good for anyone thinking of lowballing on a 2-bed, 2-bath ranch, taking more data into consideration complicates things.

1 week ago | morningbrew.com | Matty Merritt

Don’t call them layoffs, just call them a strategic decrease in everyday attendance. McKinsey & Company’s headcount has dropped by more than 10% in the past 18 months—the largest in the consulting firm’s history. Following mass layoffs at Deloitte and Booz Allen Hamilton, the job eliminations at McKinsey are the latest upheaval in an industry that raced to hire during the pandemic. At the end of 2023, McKinsey had about 45,100 employees, up from 34,000 in 2020.

1 week ago | morningbrew.com | Dave Lozo

Less than a week after President Trump suggested he was endorsing a deal to resolve the saga of Nippon Steel’s $14.1 billion takeover of US Steel (previously blocked as a security risk by President Biden’s administration), Nikkei reported that the US government could receive a “golden share” as a condition for approving the “partnership.”What is a golden share, other than a play a coach might call in an Air Bud movie?