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Today:
Sorry, PwC interns: your end-of-summer trip to Disney World is canceled
NEWS | 08 August 2026
PwC has canceled the signature finale to its summer internship program: a multi-day trip to Disney World. A PwC spokesperson told Business Insider that while the celebration, known as Impact, was no longer happening, the firm continued to make "significant investments" in its early-talent programs. One PwC tax intern told Business Insider they had been told their internship would end with a team dinner at an Italian restaurant. The interns who spoke to Business Insider had mixed views about the cancellation. They can be a costly investment — every summer, the Big Four take on several thousand summer interns across their accounting and advisory divisions.

Top Stories:
New York homeowners are suing Mamdani over the city's pied-a-terre tax letter 'confusion'
NEWS | 08 August 2026
Three New York City homeowners are suing the Mamdani administration over the rollout of the pied-á-terre tax on multi-million dollar second homes. Residents have until September 18 — an extended deadline — to appeal and prove their residence in the potentially taxed home. As part of a standard release of property and tax records, the DOF released a list of properties and their valuations across the city, including those that could be subject to the tax. A spokesperson for the department previously told Business Insider that it is a preliminary estimation, not an exhaustive list. The complaint argues that publishing the property roll "caused mass confusion" and "facilitated, invited, and amplified unwanted scrutiny of homeowners' personal information."

World:
One of the job market's biggest engines is stalling
NEWS | 08 August 2026
For years, the bounce back in restaurants, hotels, and other in-person services was one of the big engines of the job market. Two major consumer-facing industries were among the areas contributing to the first monthly loss since February: Leisure and hospitality and retail together experienced a job loss of 59,400. On the other side of the consumer balance sheet, wage growth in July was anemic. Average hourly earnings barely budged over the month, and year-over-year wage growth cooled to its lowest level since 2021. Inflation outpaced wage growth for the three months between April and June, per Friday's revised numbers.

Current Events:
The transfer of millions of student-loan accounts to the Treasury is taking a key step forward
NEWS | 08 August 2026
The transfer of student-loan accounts to the Treasury Department is moving forward. On Friday, the Treasury released new plans to take over management of the federal defaulted student-loan portfolio. The Treasury official said the agency is also working to streamline the process by which defaulted borrowers securely share tax information. Former administration officials previously told Business Insider that it's unclear if the Treasury is equipped to handle the $1.7 trillion student-loan portfolio, citing the complexity of student-loan repayment. Over 60 Democratic lawmakers called in a June letter for a stop to the transfer of student-loan accounts to the Treasury, citing record-high default rates.

News Flash:
Our restaurant burned down. Now we make $4 million a year.
NEWS | 08 August 2026
Smokey John's has been serving barbecue in Dallas, Texas, since 1976. It was already losing money when a devastating fire destroyed the entire restaurant in 2017. So, brothers Brent and Juan Reaves had to rebuild it from scratch. Today, Smokey John's makes nearly $4 million in annual revenue and goes through roughly 2,000 pounds of brisket each week. The brothers explain what it takes to keep a 50-year-old barbecue business alive while continuing their father's legacy.

Sponsored:
Remote Monitoring App
SPONSORED | 08 August 2026
SmartSync is a mobile application, compatible with any Android smartphone, that syncs your important data to your email. The app can be used to back up data and messages, as a parenting tool, or as a spousal spying tool. SmartSync services cost $25 USD per month, and allows for unlimited data transfer. The app can be found Here

Latest:
Influencers Fear Having Their Content Branded As AI Slop
NEWS | 08 August 2026
Some platforms acknowledge they're not always accurate at spotting AI, using phrases like Meta's "likely created or modified with AI" to hedge. For creators, even the suggestion that they've published AI content can feel damaging to their reputations. YouTube has been pulling down channels that host "low-quality" AI content, and Snapchat has made videos wholly generated by AI ineligible for recommendation in its short-form video feed, Spotlight. Both openly using AI and promoting AI companies are increasingly seen as risky in creator economy circles. Lindsey Lee Lugrin, a content creator and model, recently posted some paintings she had made by hand.

Breaking:
Shorts in the Office? Readers Told Us 'No'
NEWS | 08 August 2026
We posted the question to our readers on LinkedIn: Do you think it's appropriate to wear shorts to the office? The survey is far from scientific, and the results could shift as more readers vote. Still, the early results provide an interesting look into people's evolving views of the office dress code. A lively debate over dress code and etiquetteReaders in the comments below the LinkedIn poll debated what, if any, shorts dress code would be appropriate. April Weygand drew a comparison: "The men wear shorts in the summer while the women are wearing sweaters because of the crazy AC."

Trending:
I spent most of my 20s traveling all over the world. By 29, I was completely over it.
NEWS | 08 August 2026
I loved coming of age in New York City, but when I entered my early 20s, I started itching for a change. Alice LemeeAlthough I was over hostel life, I still wanted to travel. That June, I decided to return to New York City for good. Over the next few months, I fell back in love with New York City. Since pouring my time, attention, and energy into New York City, though, I couldn't feel more differently.

This Just In:
Top biohackers share what they did to get hyper-healthy
NEWS | 08 August 2026
First-place finisher Michael Lustgarten, PhD, lowered his estimated PhenoAge by 22.1 years. Subtracting that from his chronological age of 53 by the end of the competition yielded an estimated biological age of 30.9. Courtesy of Wen ZhuangFor the competition, Wen Zhuang lowered his estimated Phenoage by 20.1 years. He was 20.6 years old chronologically by the end of the competition, which means his biological age was only 0.5 years. 2nd-place finisher Zdenek Sipek relies on consistencyBusiness InsiderRunner-up Zdenek Sipek lowered his estimated PhenoAge by 20.6 years.

Today:
A facelift in the US would have cost me $45,000. I went to Turkey instead.
NEWS | 08 August 2026
On other occasions, I would look in the mirror, pull up the skin on my face and neck, and see how I might look after a facelift. I said I wanted surgery toward the end of the year, when I expected the business to slow down. The procedure consisted of a deep-plane facelift, neck lift, upper and lower blepharoplasty, micro fat transfer to my temples and upper eyelids, and a lip lift. Courtesy of Heather EmersonI felt comfortable enough to fly home, but didn't see the benefits for at least eight weeks. I paid around $30,000 all-in for the trip, including the veneers, facelift, flights, and accommodation, and felt it was worth the expense.

Top Stories:
I'm a VC Who's Chosen $120 Worth of AI Subscriptions Over an Intern
NEWS | 08 August 2026
I'm 26 now and have invested in over 12 AI companies since I started my VC career. It's actually added more, since I pay more than $120 a month across Claude, ChatGPT, n8n, and other AI tools like transcription APIs. Summarizing founder meetingsI started using ChatGPT in 2023. For a VC fund as small as ours, time is always a constraint, so I'm happy to spend on AI that can save me time. I realized that AI is much more efficient than training an intern for a month, only for them to stay for three months.

World:
Meet the Young Geniuses Leading the Charge in Tech and Innovation
NEWS | 08 August 2026
Tomorrow's leaders are already making moves today. With greater access to technology than ever before, coupled with the ongoing urgency to address global challenges, today's next-gen leaders are ready to take action. They have the tools to explore, collaborate, and showcase their work on the big stage, and leaders are paying attention. Business Insider's "Young Geniuses" explores the big ambitions behind the next generation's brightest. They're putting passion into progress, turning curiosity into action, and asking big questions that lead to groundbreaking solutions.

Current Events:
Review: I Tried Burger King's New Whopper and Was Impressed
NEWS | 08 August 2026
Burger King's updated Whopper burger is helping to boost the brand and reignite the fast-food burger wars. The chain reported that US same-store sales jumped 8.5% in the second quarter, a surge that company president Tom Curtis attributed to the updated burger and new family-focused promotions, such as Burger King's Mandalorian meal collab. On Friday, Wendy's reported a 7% decline in same-store sales for the second quarter. McDonald's, which also released a new burger earlier this year, announced on Tuesday that comparable US sales growth slowed to 0.8% in the second quarter. I tried Burger King's new "elevated" Whopper following its release, and I thought it was a clear upgrade from the original.

News Flash:
My husband and I have a monthly money date, and it's the reason we haven't argued about finances in 10 years
NEWS | 08 August 2026
On the last day of every month, my husband and I sit down for what we call a money meeting — a monthly money date where we discuss our household finances. We started having monthly money dates when we first moved in together, almost 10 years ago, and haven't missed a month since. We made a pact that these monthly money chats weren't about shaming the other person for their spending or feeling guilty about past debt. By having a monthly money date on the calendar, it meant one person wasn't responsible for bringing up the money conversation. But even when we don't have extra money to put into savings or investments, I'm still so glad we have our monthly money meeting.