Iran is now watching its economy unravel in real time. The Statistical Center of Iran reports that GDP collapsed 10.1% during the first quarter of the Iranian calendar year, from March 21 through June 20, compared with the same period last year. Take oil out of the calculation and the economy still contracted 4.6%. This is not some minor technical recession that economists can explain away with seasonal adjustments. Oil and natural gas activity collapsed 26.4%, industry and mining fell 14.7%, services declined 4.8%, and manufacturing contracted 2.5%. Agriculture was practically the only major sector still moving in the opposite…
Author: Staff Writer
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Isolation can push leaders into overpreparing, overworking and second-guessing themselves instead of focusing on strategic leadership. Building relationships and communities beyond the workplace can help leaders replace survival habits with more sustainable ways of leading. For many leaders, isolation has little to do with being alone. You can sit in meetings all day, work on busy teams and have a full calendar and still be isolated. The isolation I mean is being the only one, or one of very few, in the room: the only woman at the leadership table,…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Entrepreneurship can force a painful identity reset. Grit matters, but it works best alongside concrete actions These actions include confronting financial problems early, making decisions based on evidence rather than hope and leaning on peers who understand the pressures of ownership. Entrepreneurs like to tell stories from the mountaintop, looking back, about how they decided to make the jump, the precarious middle ground, the gritty climb, and the eventual glimmer of success before making it big. And let’s be clear: successful entrepreneurs are inspiring. Hearing their stories can be encouraging…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Business expenses are rising, and while unions have historically improved wages and working conditions, increased unionization has added further challenges to controlling business costs. Union membership hit a 16-year high in 2025, driven largely by growing interest among younger and minority workers, and continued growth could increase the costs of goods and services we frequently use. Businesses offering a safe and productive working environment, along with competitive pay structures, will reduce the need for organized labor and its associated costs. Business expenses have risen significantly over the past six years.…
Key Takeaways OpenAI has expanded its robotics hiring, listing 27 roles, up from 11 in May, across hardware, software, data and prototyping. Publicly listed base pay on OpenAI’s careers page ranges from $177,000 to $500,000, before equity. Its top-paying robotics opening, offering up to $500,000 in base salary, centers on building the underlying infrastructure to process training data. OpenAI’s robotics push comes with salaries of up to $500,000. According to a recent report from Business Insider, OpenAI is going big on robotics — and backing its focus with sizable salaries. At the time of writing, the startup had 27 robotics jobs…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways The ultimate measure of the CFO role should be broader than the finance function alone. Modern CFOs can add value across sales, product development, operations, technology, risk and strategy. Accurate reporting, liquidity, controls, disciplined financial management and sound risk oversight remain important to the business. But they should be the foundation of CFO leadership, not the limit. CFOs should be engaged in the entire business in order to understand how major parts of the enterprise work together. There is no single definition of the modern Chief Financial Officer role. In…
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 closed • Shanghai decreased 15.608 points or -0.39% to 3,936.52 • Hang Seng decreased 253.63 points or -1.01% to 24,834.12 • ASX 200 increased 7.50 points or 0.09% to 8,765.30 • SENSEX increased 175.10 points or 0.23% to 74,828.25 • Nifty50 increased 117.80 points or 0.50% to 23,446.80 The major Asian currency markets had a mixed day today: • AUDUSD decreased 0.00851 or -1.20% to 0.70307 • NZDUSD decreased 0.00615 or -1.07% to 0.56665 • USDJPY increased 0.935 or 0.59% to 158.317 • USDCNY increased 0.01447…
Key Takeaways Some Gen Z candidates are showing up to job interviews with iced coffee. A TikTok on the subject spurred divided comments and response videos. Vicki Salemi, career expert at Monster, breaks down the issue and other faux pas. Is it appropriate to show up for a job interview with an iced coffee in tow? The question has divided social media since last week when a TikTok video posted by recruiter Caitlin Wehniainen gained traction. In the video, Wehniainen, who has 16 years’ experience in recruitment and works primarily with Fortune 500 “super buttoned-up corporations,” says Gen Z job…
QUESTION: Is there any chance you can reason with Trump about Iran and Ukraine? CP ANSWER: Sorry. That is not going to happen. Some Republicans I have spoken with just say Keep the faith. I have warned this could be the worst Midterm since 2006. The 2006 midterm elections were widely seen as a vote against the Iraq War, with public dissatisfaction over the conflict and President Bush’s handling of it driving Democratic gains. Exit polling showed the war was the top issue, and voters opposing it broke heavily for Democrats. The 2006 midterm elections were the worst for Republicans…
Nearly three-quarters of workers (74%) work on Sunday, including 21% who work a full or near-full day, according to Owl Labs’ tenth annual State of Hybrid Work report. The trend is far more common among younger generations, with 76% of Gen Z workers and 62% of millennials saying they often work on Sunday, compared to 34% of baby boomers and 42% of Gen Xers. The report says AI adoption may partly explain the spread of Sunday work. Nearly two-thirds (62%) of respondents said AI has increased what they’re expected to accomplish in a day, and 46% say it sometimes hinders…