Axios

The Impact of Volunteering Axios hosts an event looking at the impact of volunteering.

Twenty-something knowledge workers are pretty much all using generative AI tools, finds a survey out today from Google Workspace. https://trib.al/9kDGb4a

Did you hear the one about the $6.2 million banana? That's the price a piece of art consisting of a banana duct-taped to a wall fetched this week, up from a "mere" $120,000 it sold for five years ago. It is a fitting metaphor for this particular moment for markets of all types, Chief Economic Correspondent Neil Irwin writes — one that raises uncomfortable questions about whether Federal Reserve policy is really restraining the economy as much as its leaders believe. https://trib.al/74qtpoA

The average American thinks a salary of just over $270,000 a year qualifies them as "financially successful," but there are huge disparities between generations, according to a new study. https://trib.al/9sp1kG2

Economists warn that the tariffs promised by President-elect Trump will be a drag on the economy. For now, attempts to get ahead of tariffs might be a meaningful, if fleeting, boost to growth. https://trib.al/SZoqeHl

The expected "burst of legislating and power-stretching" from the new administration and Congress could put corporate America's penchant for silence to the test. This week in Axios Communicators, we take a look at how executives are navigating socio-political issues in the era of Trump 2.0. Plus... — 🤝 The government relations and internal comms overlap — 📱Pew Research Center study shows news influencers lean right — 🎤 Spotlight on Ashok Sinha of Dow Jones — 📸 and Haymaker Group's big media event Read: https://lnkd.in/ggmUVnaw

Meta is creating a new product unit to develop #AI tools for the 200M businesses that use its apps - An example of that type of product is Meta's new business AI #chatbot, which allows businesses to set up their own AI chatbots to talk to their customers and facilitate transactions in WhatsApp and Messenger. More on Axios:

The Magnificent Seven's stock market dominance may be waning, Goldman Sachs suggests in an otherwise optimistic 2025 forecast. https://trib.al/09ypvMN

Supporting America's Family Caregivers Axios hosts an event looking at ways to better support family caregivers

Target's price-cutting efforts to win back customers haven't moved the needle enough, as the company reported its first revenue miss since last summer. https://trib.al/zJpaYuc