With Falcon 9 Grounded, Spacex Test-fires Booster For Next Starship Flight

Family offices are looking for more startup investments in tough areas like climate tech and life sciences. Getty/PM ImagesFamily offices are stepping up to make more startup bets as venture capital scrambles. The firms, which quietly make up a third of all startup capital, are now leaning further into VC.

A human dances in booth at a generative AI art exhibitionNurPhoto/Getty ImagesBig tech is spending $1 trillion on generative AI. Generative AI won't scale as well as old-school software businesses. RBC analysts see GenAI leaving software profit margins 'structurally' lower. Amazon, Microsoft, and Google spent more than $48 billion in the second quarter, mostly on data centers, according to Synergy Research Group.

Yichiro Chino/Getty ImagesAfter the August pullback, investors should prepare for the historically bumpy month of September. The market hasn't hit the bottom yet, Jeffrey Buchbinder of LPL Financial believes. Buchbinder shares 3 signs of a market turnaround and how to invest in the meantime. After a rocky start to August, the S&P 500 has all but clawed back its losses.

Microsoft; Getty Images; Chelsea Jia Feng/BIMicrosoft employees recently shared pay details in a spreadsheet viewed by Business Insider. The document includes salaries, raises, promotions, and bonuses. BI analyzed the data for software engineers working at Microsoft. Hundreds of Microsoft employees recently shared details about their pay and promotions in a spreadsheet viewed by Business Insider.

Stephen Maturen/Getty, Andrew Harnik/Getty, Tyler Le/BITrump and Harris offer vastly different economic policies. Harris' campaign focuses on middle and lower-income support while Trump on cutting taxes. But both candidates will have to face the reality of mounting US debt. Only a month ago, expectations of a second Trump administration were running high.

Canadian Rail and another railway operator stopped work on Thursday. Andrew Chin/Getty ImagesCanada's rail freight has halted as two major rail companies locked out 10,000 union members. The stoppage follows failed contract negotiations, with workers demanding better wages and conditions. The disruption could cost Canada $251 million daily and impact US industries.