The Latest Breaking News from McKinsey

Two years after ChatGPT revolutionized the world, businesses are integrating AI into daily workplace operations. However, many employees have been using it for years, and expect seamless AI experiences from their employers.

Despite what you'd think from the latest string of job cuts, history has shown that businesses that made long-term strategic moves before an economic downturn came out on top.

Covering the EV industry in the U.S. feels like being strapped to a rocket with zero control over the steering. The pace is warp speed, but the route is full of sharp, unexpected turns. That volatility can spook traditional car buyers who aren’t ready to give up gas cars with…

Electric vehicles aren’t just better for the environment, they’re increasingly the smarter economic choice for your wallet, too. And according to a new McKinsey Company study, once people make the switch, they rarely look back.

The global luxury sector, which has been facing slowing demand and an eroding customer base in the last several months, could be further hit by the escalating trade war between China and the US.

Runna was launched in 2022 by former McKinsey consultant Dom Maskell and running trainer Ben Parker.

There's currently a "deep fog of uncertainty" that's surrounding businesses, said Barkin, CEO of the Federal Reserve Bank of Richmond.

The supply-chain whisperer also has a track record of successful negotiations with President Donald Trump.

Diversity is not just a moral stand, but an effective business strategy.

Stellantis is already wounded. The conglomerate watched as sales and revenue nosedived through 2024, eventually leading to the abrupt resignation of its former CEO, Carlos Tavares. This was supposed to be a year of rebuilding for the company, but with Trump's steep tariffs now in effect and no indication of…

A new study shows that Europe's progress on social mobility has stalled over the past decade, holding back the continent's combined GDP by an estimated €1.3 trillion.