Stripe , a global financial infrastructure platform that enables businesses to accept online and in-person payments, has entered into a partnership with Crypto.com, according to a Jan. 6, 2026, news release. Under the agreement, Crypto.com Pay will become a checkout option for millions of Stripe-powered merchants, while Crypto.com will use Stripe’s payment-acquiring services for card purchases. “Increasing everyday accessibility to and utility of cryptocurrencies for consumers and merchants is central to our vision at Crypto.com,” Joe Anzures, Crypto.com’s general manager for the Americas and EVP of payments, said in a statement. “We are excited to partner with Stripe, a recognized leader in digital payments, to collectively catalyze a new era for crypto-enabled commerce.” Crypto.com operates a comprehensive cryptocurrency platform that includes an app, exchange, and wallet for buying, selling, trading, and earning digital assets , serving more than 150 million users in 90...

Marc Metrick has stepped down as CEO of Saks Global, the company announced Friday, Jan. 2, 2026. The leadership change comes as the luxury retailer missed an interest payment on its debt Tuesday, Dec. 30, 2025, an amount that totaled more than $100 million, reports The Wall Street Journal. Now the company is reportedly weighing its options, including bankruptcy, according to The New York Times. Financial Struggles Mount At Saks Global Saks’ financial troubles stem largely from its $2.7 billion acquisition of Neiman Marcus Group, which also includes Bergdorf Goodman, in 2024. While the merger intended to create a luxury empire — delivering cost savings, stronger brand leverage, and improved customer experiences through shared loyalty programs — Saks has struggled to boost sales since the deal closed, per The Times. In October 2025, the retailer lowered its full-year guidance and reported that revenue for the quarter ended Aug. 2 fell to $1.6 billion — a more than 13% decrease from...

United Parcel Service (UPS) began the year with nearly half a million employees but has since cut about 48,000 jobs in a major cost-cutting push to boost profits, remain competitive, and regain investor confidence. In its third-quarter earnings report released Tuesday, Oct. 28, 2025, the Atlanta -based logistics giant said it had reduced its operational workforce by roughly 34,000 positions through its Network Reconfiguration and Efficiency Reimagined program. The company eliminated another 14,000 roles, primarily in management, under its Fit to Serve initiative, which began last year to “right-size” operations and build a more efficient, market-responsive business model. “I want to extend my gratitude to all UPSers for their dedication and steadfast commitment to serving our customers,” CEO Carol Tomé said in a statement. “We are executing the most significant strategic shift in our company’s history, and the changes we are implementing are designed to deliver long-term value for...

Success in entrepreneurship isn’t just about big wins. It’s about small, consistent actions that build momentum over time. In Atomic Habits , James Clear emphasizes the power of tiny improvements, showing how habits shape outcomes in business and life. Entrepreneurs who master their daily routines, decision-making, and mindset can set themselves up for long-term success. Here are some of the most impactful quotes from Atomic Habits and how they apply to entrepreneurs. “You do not rise to the level of your goals. You fall to the level of your systems.” Many entrepreneurs set ambitious goals, whether it’s scaling their startup , increasing revenue, or building a personal brand. However, goals alone don’t drive success — systems do. Without a structured approach, even the best ideas fail. This quote emphasizes the importance of building repeatable processes that create consistent progress. Instead of focusing solely on outcomes, entrepreneurs should refine their workflows. A founder...

President Donald Trump has established an “America first” policy on tariffs and soon big changes will be evident, according to economic forecasting . The tariff war has already had drastic impacts on businesses and the stock market, so there are sure to be others. Along with the controversial federal funding cuts, there are a myriad of moving parts to keep track of as Trump enacts his executive orders. The American people and those abroad keeping abreast of the situation may not be caught up on their international taxation information . For anyone seeking uncomplicated answers, here’s a quick guide to how tariffs work and why they’re so relevant in 2025. How Do Tariffs Work? (Tyler Casey/Unsplash) In a conversation with UChicago News earlier this month, Professor Robert Gulotty explained, “Tariffs are federal taxes, set by Congress, and applied to goods at the border. Unlike income or sales taxes, tariffs vary by product and by the originating country.” These taxes on imported goods...

The Walt Disney Company and its ABC television network have joined the list of media companies the Federal Communications Commission (FCC) is investigating for their diversity, equity, and inclusion (DEI) practices. On Thursday, March 27, 2025, FCC Chair Brendan Carr announced concerns that Disney and ABC might be “promoting invidious forms of DEI discrimination” and said the agency’s Enforcement Bureau would examine whether any of their past or current policies violated any equal employment opportunity regulations, according to NPR. “Numerous reports indicate that Disney’s leadership went all in on invidious forms of DEI discrimination a few years ago and apparently did so in a manner that infected many aspects of your company’s decisions,” Carr wrote in a letter to Disney CEO Robert Iger. The inquiry follows Disney’s reduction of diversity efforts , including the termination of some initiatives and changes in the language used to describe DEI. “We are reviewing the Federal...

Performance review season is underway for U.S. staff at TikTok and its Chinese parent company, ByteDance , with low-scoring employees being forced into a performance-improvement plan (PIP) or offered severance. TikTok conducts employee reviews twice a year, and last year, the company instructed managers to assign more low scores during the review cycles, according to Business Insider. Three current employees told the outlet that accepting a PIP instead of severance is uncommon because it is tough to succeed under a PIP. “They’ll PIP people, and then they’ll hire new people, and then they’ll continue this meat grinder of performance reviews,” one staffer said. The employees reported that the value of the offers varied, with one including a month of “garden leave,” where the employee remains on payroll without needing to work, and an additional one-month severance payout as part of a mutual separation agreement. A TikTok spokesperson confirmed that the company is implementing PIPs but...

The thing about economic policies is that they don’t operate in a vacuum. Every decision — every tax, every regulation, every tariff — sends ripples through the system. Some people surf the waves. Others get drowned by them. Tariffs have long been used as a tool of economic warfare, a way for nations to protect their industries or punish their rivals. But under President Donald Trump, tariffs have become something else entirely: a high-stakes bargaining chip in a trade war that seems to have no end. According to CNN, his latest round of 25% tariffs on Canadian and Mexican imports, along with another 10% levy on Chinese goods, has thrown American businesses, workers, and consumers into a state of economic uncertainty. The White House insists tariffs will protect American industries, but history tells a different story. Prices are rising, businesses are struggling, and working-class families — many already battling inflation — will be forced to make tough choices. Tariffs In Context:...