Walmart and Target’s earnings pull back the curtain on an America struggling with high inflation

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1840680641-e1716405453515.jpg?w=2048

“Many consumer pocketbooks are still stretched,” Walmart CFO John Rainey told analysts. “We see the effect of that in our business mix.”

https://fortune.com/2024/05/22/walmart-target-earnings-consumers-struggling-inflation/


Do you have “fire in the belly?” If so, you may be suited for a successful career in real estate, according to a top company president

https://fortune.com/img-assets/wp-content/uploads/2024/05/How-to-get-real-estate-license-193299056-e1716396687367.jpg?w=2048

Amy Lessinger shares her secrets to becoming the best agent.

https://fortune.com/education/careers/how-to-get-a-real-estate-license/


The new quiet luxury is burgers and fries: Over 60% of Americans won’t buy fast food because it’s just too expensive, survey finds

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1603645111-e1716410004140.jpg?w=2048

“We're in this inflationary mental cycle as much as we are an inflationary reality cycle,” Columbia professor Stephen Zagor tells Fortune.

https://fortune.com/2024/05/22/fast-food-luxury-lendingtree-survey-mcdonalds-wendys-inflation/


America’s landfills are ‘garbage lasagnas’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1301944626-e1716405451111.jpg?w=2048

Landfills emit three times more methane than previously thought, a new study reveals.

https://fortune.com/2024/05/22/americas-landfills-are-garbage-lasagnas-methane/


Weed beats booze as daily marijuana use outpaces drinking in definitive nationwide study of tens of millions of people

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24142829956188-e1716405691827.jpg?w=2048

The research, based on data from the National Survey on Drug Use and Health, was published Wednesday in the journal Addiction.

https://fortune.com/well/2024/05/22/daily-marijuana-use-more-popular-than-alcohol/


The only 4 steps you need to take to learn web development

https://fortune.com/img-assets/wp-content/uploads/2024/05/EDU_web-development-e1716393251227.jpg?w=2048

Whether full-stack, back-end, or front-end, the only way to becoming a successful web developer is by learning to code and problem solve.

https://fortune.com/education/articles/how-to-learn-web-development/


57-year-old who once plotted with Steve Bannon to overthrow China’s government hauled in front of a New York jury over alleged $1 billion fraud

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24143628861663-e1716403741391.jpg?w=2048

Guo Wengui, variously also identified as "Ho Wan Kwok" and “Miles Guo," was once believed to be among the richest people in China.

https://fortune.com/2024/05/22/guo-wengui-fraud-trial-new-york-china-1-billion/


‘My old doctor told me there was nothing he could do. He told me it was my fault’: Wegovy revolution sees 600% increase among young adults

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24142726400685-e1716403450237.jpg?w=2048

A new analysis of dispensing records from nearly 94% of U.S. retail pharmacies from 2020 to 2023 shows a stunning rise.

https://fortune.com/well/2024/05/22/wegovy-obesity-weight-loss-medications-increase-600-percent-since-2020/


FCC introduces effectively toothless proposal that would regulate AI everywhere except streaming

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24143615537062.jpg?w=2048

An advisor for Jessica Rosenworcel said the commissioner realizes the FCC's capacity to act on AI-related threats is limited but wants to do what she can ahead of the 2024 election.

https://fortune.com/2024/05/22/fcc-artificial-intelligence-regulations-elections-advertising-no-streaming/


10 of the highest-paying public health jobs right now

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1175124137-e1715354091276.jpg?w=2048

Four years after the pandemic shined a spotlight on public health, it remains an in-demand field.

https://fortune.com/education/careers/public-health-jobs/


Trader’s ‘fat finger’ costs Citi $79 million after UK fines bank over mistake that triggered 2022 market crash

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2151447803-e1716397186820.jpg?w=2048

The erroneous trade prompted 711 pop-up warning messages in a single alert before it sparked a European selloff.

https://fortune.com/2024/05/22/citi-citigroup-trader-fat-finger-typo-regulators-fine-fca-pra/


Big Tech employees missed out on $5.1 billion in 401(k) gains over the last decade because of fossil fuels, new research finds

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1821924246-1-e1716399396405.jpg?w=2048

As You Sow and the University of Waterloo looked at the 401(k) plans of 12 tech companies, including Amazon, Apple, Google, Meta, Microsoft, and Netflix.

https://fortune.com/2024/05/22/big-tech-employees-missed-out-5-1-billion-401k-gains-decade-because-of-fossil-fuels-new-research-finance/


Nearly 44 million people are hitting the road for the start of summer: ‘We haven’t seen Memorial Day weekend travel numbers like these in almost 20 years’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-521328568-e1716387055736.jpg?w=2048

“We’re projecting an additional one million travelers this holiday weekend compared to 2019," said Paula Twidale, senior vice president of AAA Travel.

https://fortune.com/2024/05/22/memorial-day-traffic-2024-44-million-people/


Restaurant wizard Danny Meyer says new grads should forget their college majors ASAP: 'You're your own boss right now'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-931522334-e1716386359230.jpg?w=2048

“You learned a lot…but there may be something else inside of you that really wants to express itself.”

https://fortune.com/2024/05/22/danny-meyer-shake-shack-union-square-graduation-advice/


Wendy's takes the fast-food price wars to breakfast

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153281638-e1716387044486.jpg?w=2048

Move comes on the heels of McDonald’s $5 value meal.

https://fortune.com/2024/05/22/wendys-3-dollar-breakfast-combo/


Peloton is the latest company to distance itself from Sean 'Diddy' Combs

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1648350372-e1716386955362.jpg?w=2048

Decision comes as singer’s legal troubles pile up.

https://fortune.com/2024/05/22/peloton-sean-diddy-combs-music-pause/


Inflation may be cooling, but most Americans are still feeling squeezed by ‘cost of living creep’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1451320169-e1716322918965.jpg?w=2048

About 27% of Americans report not being able to afford everyday expenses due to the cost of living.

https://fortune.com/2024/05/22/inflation-cooling-cost-of-living-creep-americans-personal-finance/


Bipartisan support of cryptocurrency is resurging in Congress. Here’s why

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153497963-e1716387632170.jpg?w=2048

The FIT21 bill has the support of the cryptocurrency industry because it will deliver customer protections and long-sought-after regulatory clarity.

https://fortune.com/2024/05/22/bipartisan-support-cryptocurrency-resurging-congress-finance-etf-politics/


Why Volvo’s focus on safety and ‘human-centric technology’ are anchor points during turbulent times

https://fortune.com/img-assets/wp-content/uploads/2024/05/Leadership_Next-JIM-ROWAN-CEO-of-VOLVO-CARS.jpg?w=2048

Volvo CEO Jim Rowan on the benefits of driving in the 'premium' lane.

https://fortune.com/2024/05/22/why-volvos-focus-on-safety-and-human-centric-technology-are-anchor-points-during-turbulent-times/


Major bank CEO says he only took his $4.2M job on the condition he could work from home

https://fortune.com/img-assets/wp-content/uploads/2024/05/Mike-Regnier-e1716384110541.jpg?w=2048

"I wouldn’t have wanted to be away from home five days a week. That wouldn’t have been good for the family or for me.”

https://fortune.com/europe/2024/05/22/santander-ceo-mike-regnier-work-from-home-hybrid-office/


EU's $47bn trade surplus over U.S. is a new record high—expect it to get bigger

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-104393732-e1716378577913.jpg?w=2048

The EU may not want to break out the champagne just yet, as impecunious European consumers cutting back imports are partly responsible.

https://fortune.com/europe/2024/05/22/eus-trade-surplus-over-usa-surges-record-47-billion-china-tariffs-going-up-get-even-bigger/


Average age of cars, trucks and SUVs in the U.S. hits record 12.6 years as people hang on to old vehicles because new ones cost so much

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24142767380609-e1716377685459.jpg?w=2048

With an average U.S. new-vehicle selling price of just over $45,000 last month, many can't afford to buy new.

https://fortune.com/2024/05/22/average-age-cars-trucks-suvs-us-record-12-years-new-ones-cost-so-much/


The skyrocketing cost of health care is creating ‘a new type of pandemic,’ health VC says

https://fortune.com/img-assets/wp-content/uploads/2024/05/53737815568_fa70260aa8_o-e1716337129104.jpg?w=2048

“When you can’t afford health care, you’re not buying your prescriptions, you’re delaying the delivery of care, you’re not making appointments… it’s a massive problem,” Lee Shapiro said.

https://fortune.com/2024/05/22/health-care-cost-new-pandemic/


Biden administration is cancelling $7.7bn more in federal student loans for 160,000 borrowers

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24143027671257-e1716373504533.jpg?w=2048

The latest relief will go to borrowers in three categories who hit certain milestones that make them eligible for cancellation.

https://fortune.com/2024/05/22/biden-administration-cancelling-federal-student-loans-160000-borrowers/


Women get dismissed by doctors—and it’s led to devastating consequences for cancer, says the OB/GYN Olivia Munn credits with saving her life

https://fortune.com/img-assets/wp-content/uploads/2024/05/53737943959_9f36592acf_o-e1716330125229.jpg?w=2048

“Our complaints are dismissed…every time we open our mouths,” she said.

https://fortune.com/2024/05/22/olivia-munn-doctor-thais-aliabadi-dismiss-women/


The Welsh island of Anglesey set to house the U.K.’s next large nuclear power station

https://fortune.com/img-assets/wp-content/uploads/2024/05/Anglesey-Francesa-Jones-Bloomberg-GettyImages-1240760223-e1716372412316.jpg?w=2048

So far there's only large-scale plant under construction in the country, with another still working to get financing.

https://fortune.com/europe/2024/05/22/welsh-island-anglesey-uk-next-large-nuclear-power-station/


Société Générale CEO Slawomir Krupa’s promise less, deliver more approach keeps investors guessing

https://fortune.com/img-assets/wp-content/uploads/2024/05/Slawomir-Krupa-FABRICE-COFFRINI-GettyImages-1931728994-e1716371583529.jpg?w=2048

Shares have recovered since SocGen announced a strategic plan in September that prioritized efficiency and capital strength over growth.

https://fortune.com/europe/2024/05/22/societe-generale-ceo-slawomir-krupa-promise-less-deliver-more-approach-keeps-investors-guessing/


Thailand welcomes home 2 illegally trafficked 1,000-year-old statues returned by New York’s Metropolitan Museum of Art

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24142308789951-e1716370547609.jpg?w=2048

The objects — a tall bronze figure called the Standing Shiva or Golden Boy and a smaller sculpture called Kneeling Female — are thought to be around 1,000 years old.

https://fortune.com/asia/2024/05/22/thailand-2-illegally-trafficked-1000-year-old-statues-new-york-metropolitan-museum-art/


California may soon require all new cars to beep at drivers when they break the speed limit

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2116500405-e1716369569774.jpg?w=2048

"Research has shown that this does have an impact in getting people to slow down,” said state Sen. Scott Wiener, a Democrat from San Francisco and the bill's author.

https://fortune.com/2024/05/22/california-new-cars-speed-alert/


Hawaii court orders Bristol Myers Squibb and Sanofi to pay the state $916m in Plavix blood thinner lawsuit

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-57083381-e1716368337348.jpg?w=2048

The court found the companies failed to disclose the efficacy and safety of the medication, the state attorney general said Tuesday.

https://fortune.com/2024/05/22/hawaii-court-bristol-myers-squibb-sanofi-pay-916m-plavix-blood-thinner-lawsuit/


Climate activists lead Shell shareholder rebellion over decarbonization targets. Will it work?

https://fortune.com/img-assets/wp-content/uploads/2024/05/Shell-garaga-Sebastian-Ng-GettyImages-2152367022-e1716304821441.jpg?w=2048

The resolution, co-filed by climate activist investor Follow This, achieved 19% of the vote.

https://fortune.com/europe/2024/05/22/climate-activists-shell-shareholder-rebellion-decarbonization-targets-will-it-work/


Biden announces over 1 million veteran claims related to burn pit and other toxic exposure granted under new law

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24142509458083-e1716366115517.jpg?w=2048

Biden has blamed burn pits for the brain cancer that killed his son, Beau, who served in Iraq, and has vowed repeatedly that he would get the PACT Act into law.

https://fortune.com/2024/05/22/biden-1-million-veteran-claims-burn-pit-toxic-exposure-granted-pact-act/


Ozempic and Wegovy are all the rage—but people are quitting them too fast to achieve meaningful weight loss, according to the largest GLP-1 study yet

https://fortune.com/img-assets/wp-content/uploads/2024/05/53737234221_6d07b58e60_o-e1716323708759.jpg?w=2048

Sales of anti-obesity drugs hit $1.1 billion in the second quarter of 2023.

https://fortune.com/2024/05/22/glp-1-drugs-study-wegovy-bcbsa-quitting/


Bog Iger slashes another 175 jobs from 'Toy Story' studio Pixar

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2149584442-e1716364340540.jpg?w=2048

The reductions reflect a decision to refocus Pixar on feature films and move away from the production of TV series for the Disney+ streaming service.

https://fortune.com/2024/05/22/disney-pixar-layoffs/


Formula 1 wants Monaco to shell out more to host opulent Grand Prix

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1493969376-e1716335717121.jpg?w=2048

Saudi Arabia and Bahrain, two other race hosts, fork over more than $50 million a year, according to estimates.

https://fortune.com/2024/05/21/formula-1-monaco-pay-up-grand-prix/


With summer road trips fast approaching, Biden seeks to lower gas prices

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153139564-e1716334537455.jpg?w=2048

Tapping gasoline reserves is one of the few actions a president can take by himself to try to control inflation.

https://fortune.com/2024/05/21/summer-road-trips-lower-gas-prices-biden/


Donald Trump looks to entice the alt-finance crowd. His campaign will now accept crypto assets

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153377701-e1716333684366.jpg?w=2048

Former President Trump is looking to position himself as a crypto-friendly candidate.

https://fortune.com/2024/05/21/donald-trump-crypto-campaign-donations/


Don’t expect health care to fix itself: It will take consumers wielding their money to ‘shift the big Titanic’ of the system, health exec says

https://fortune.com/img-assets/wp-content/uploads/2024/05/53736616337_3f218f3225_6k-e1716332355372.jpg?w=2048

“We are increasingly moving from patient to consumer, and consumers hold a tremendous amount of power,” Liana Douillet Guzmán said at Fortune's Brainstorm Health conference.

https://fortune.com/2024/05/21/health-care-system-patients-consumers-folx/


Vermont governor stings bee supporters by vetoing ban on widely used pesticide

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-531021890-e1716329481961.jpg?w=2048

“This would put Vermont farmers at a significant disadvantage,” Gov. Phil Scott wrote.

https://fortune.com/2024/05/21/vermont-governor-stings-bee-supporters-pesticide/


The average back-end developer earns six-figures in the U.S., and top-earners live in these states

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1129377183-e1715022310875.jpg?w=2048

Back-end developers work with databases and other “under the hood” mechanics on websites and applications, and, on average, make six-figures.

https://fortune.com/education/careers/back-end-developer-salary/


Seafood supplier denies a role in endless-shrimp brouhaha with Red Lobster

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-979496834-e1716328137649.jpg?w=2048

Red Lobster filed Chapter 11 earlier this week and has a deal to sell the restaurant chain to lenders led by Fortress Investment Group, subject to better offers.

https://fortune.com/2024/05/21/shrimp-denies-role-brouhaha-red-lobster/


Teaching the “real tools”: Reviewing Wellcoaches’ health coach certification

https://fortune.com/img-assets/wp-content/uploads/2024/05/Recommends_WellCoaches-1362033390-e1716301142108.jpg?w=2048

The health coach certification was deemed best for mentorship and skills assessment as part of Fortune's 2024 list.

https://fortune.com/education/articles/health-coach-certification-review-wellcoaches/


Investors clash over Elon Musk’s $46 billion pay package—'the board has yet to ensure that Tesla has a full-time CEO'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1853200567-e1716325455294.jpg?w=2048

Investors say Musk is spread too thin among his other companies to justify such high pay.

https://fortune.com/2024/05/21/tesla-elon-musk-pay-compensation-plan-investors-clash/


20-year health insurance exec says don't look to his industry to solve the medical system: 'You cannot fight financial self-interest'

https://fortune.com/img-assets/wp-content/uploads/2024/05/53736009672_e6e6914ee1_o-e1716321444792.jpg?w=2048

The system needs to align profit with patients’ best interests, said Blue Shield of California CEO Paul Markovich.

https://fortune.com/well/2024/05/21/blue-shielf-health-insurance-exec-medical-costs-financial/


The starting salary for a new American Airlines flight attendant is low enough to qualify for food stamps in some states

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1676723511-3-e1716317959418.jpg?w=2048

Legislation prevents workers from striking without permission from the government.

https://fortune.com/2024/05/21/american-airlines-flight-attendant-starting-salary-ceo-food-stamps-union/


Jamie Dimon shocks Wall Street, hinting at his retirement in the next five years and reciting a laundry list of red flags about the global economy

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152634883-e1716315517551.jpg?w=2048

Dimon says he’s “cautiously pessimistic” about the future of inflation, spending, and the geopolitical landscape.

https://fortune.com/2024/05/21/jamie-dimon-retirement-retiring-jpmorgan-ceo-successors-economy-inflation-investors/


Health care workforce challenges must be addressed to support Black mothers

https://fortune.com/img-assets/wp-content/uploads/2024/05/Serena-Williams-GettyImages-1839224136.jpg?w=2048

In order to serve Black mothers, the healthcare workforce must properly focus on diversity, equity, and inclusion.

https://fortune.com/2024/05/21/health-care-workforce-challenges-must-be-addressed-to-support-black-mothers/


Nestlé is rolling out a new food brand just for Ozempic and Wegovy users

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1844053338-e1716311535810.jpg?w=2048

The company says its Vital Pursuit line, priced under $5, is high in protein and vitamins, addressing nutrient deficiencies that Ozempic and Wegovy users may have.

https://fortune.com/2024/05/21/nestle-vital-pursuit-brand-ozempic-wegovy-novo-nordisk-weight-loss/


Corporate boards have never been more prepared to face down the anti-ESG backlash, new research finds

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1424393095-1-e1716309860348.jpg?w=2048

89 of Fortune 100 companies now have sustainability committees—and 43% of all board members have some form of sustainability credentials.

https://fortune.com/2024/05/21/corporate-boards-have-never-been-more-prepared-to-face-down-the-anti-esg-backlash-new-research-finds/


Kevin Costner and Francis Ford Coppola bet a collective $135 million of their own money on films

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153804817-e1716303477285.jpg?w=2048

Coppola sold part of his wine business to make Megalopolis.

https://fortune.com/2024/05/21/costner-coppola-self-financing-gamble-horizon-megalopolis-cannes/


How COVID exposed the inequality in our health care system: 'Now is the time of reckoning'

https://fortune.com/img-assets/wp-content/uploads/2024/05/53735815910_c84c2600b0_o-e1716265854528.jpg?w=2048

“Health equity has been a chronic issue for time immemorial," notes one expert.

https://fortune.com/well/2024/05/21/brainstorm-health-equity-dei-diversity-inclusion-covid-19/


Cyberattacks against America's critical water supplies are dire and getting worse—'systems are not doing what they are supposed to be doing'

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24141618349527-e1716304998976.jpg?w=2048

About 70% of utilities inspected by federal officials over the last year violated standards meant to prevent breaches or other intrusions, the EPA said.

https://fortune.com/2024/05/21/cyberattacks-us-water-supply-utilities-incidents-epa/


Tesla rushing to give rental companies big discounts amid plunging EV resale values

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1531040160-e1716291903894.jpg?w=2048

Tesla's price war with China is hitting European rental companies in the same way it did Hertz in the U.S.

https://fortune.com/europe/2024/05/21/tesla-angry-european-rental-companies-discounts-resale-prices-chinese-ev-rivals/


Fan favorite Avianca LifeMiles launches 2 new Amex cards

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1242220535-e1716297612994.jpg?w=2048

Fan favorite Avianca LifeMiles has launched two new American Express cards. Are they right for you?

https://fortune.com/recommends/credit-cards/fan-favorite-avianca-lifemiles-launches-2-new-amex-cards/


The tidal wave of AI-augmented work is coming sooner than you think, consultancy CEO says: 'Not even in the next five years, in the next year or two'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-591168885-e1716213341899.jpg?w=2048

Breakthroughs in generative AI could infuse nearly $7 trillion into the global GDP in less than a decade.

https://fortune.com/2024/05/21/ai-jobs-predictions-publicis-sapient-ceo-nigel-vaz/


Need help choosing a CRM for your small business? Explore the 10 best CRM tools that help teams streamline their sales process.

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1478421401-e1714742898612.jpg?w=2048

Explore the best CRM solutions that help small businesses collaborate and drive revenue.

https://fortune.com/recommends/crm/best-crm-for-smb/


Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11m all-you-can-eat shrimp fiasco contributed to its demise

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-459174758-e1716288802876.jpg?w=2048

Former shareholder Thai Union had an "outsized influence on the company’s shrimp purchasing" Red Lobster's new CEO has alleged.

https://fortune.com/2024/05/21/red-lobster-unlimited-shrimp-fiasco-bankruptcy/


3 ways to nurture your employees’ mental well-being: ‘It builds that trust in them that you have their back’

https://fortune.com/img-assets/wp-content/uploads/2024/05/53735647180_840fbdec0e_o-e1716245787754.jpg?w=2048

When employees suffer, so, too, does business.

https://fortune.com/well/2024/05/21/brainstorm-health-healthy-work-environment-employee-mental-well-being/


Ryanair boss Michael O'Leary getting 'recessionary feel' from Europe customers

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1992690785-e1716286067723.jpg?w=2048

The Ryanair CEO worries that consumer confidence might be lagging ahead of the crucial summer season, and he may have a point.

https://fortune.com/europe/2024/05/21/ryanair-ceo-michael-oleary-dissenting-europe-economic-recovery-warning-recessionary-feel-low-ticket-demand/


Biden and Trump united on heavy import tariffs as election approaches

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24141751493463-e1716287736438.jpg?w=2048

Trump and Biden agree on essentially nothing else, from taxes and climate change to immigration and regulation.

https://fortune.com/2024/05/21/biden-trump-united-heavy-import-tariffs-election-deciding-states-pennsylvania-michigan-wisconsin/


Gen Zers walk into the workplace with one foot out the door—slandering them won’t solve the future-of-work conundrum

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-200416661-005-e1716286410847.jpg?w=2048

In a society where possibilities are endless, it shouldn’t come as a shock that there is an appeal in betting on yourself if your values are being ignored.

https://fortune.com/2024/05/21/gen-zers-workplace-slander-future-of-work-careers/


Trump’s Truth Social company lost more than $300 million in its first quarter as a public company

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2144465619-e1716285465674.jpg?w=2048

At this early stage in the Company’s development, TMTG remains focused on long-term product development, rather than quarterly revenue,” Trump Media said.

https://fortune.com/2024/05/21/trump-truth-social-trump-media-and-technology-group-q1-earnings/


Denmark’s economy shrinks 1.8% on reduced pharma production, showing extent of Novo Nordisk dependency

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1476147466-e1716281802829.jpg?w=2048

GDP dropped 1.8% from the previous three months, the largest fall in almost four years.

https://fortune.com/europe/2024/05/21/denmarks-economy-shrinks-reduced-pharma-production-novo-nordisk-dependency/


Billionaire gives UMass graduates $1,000 each—but they have to give half of it away

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24141573652253.jpg?w=2048

On stage, billionaire philanthropist Rob Hale surprised the graduating class of more than 1,000 by pointing to a nearby truck holding envelopes stuffed with cash.

https://fortune.com/2024/05/21/billionaire-rob-hale-umass-graduates-1000-each-give-half-away/


Investors have yanked $11.1 billion from Europe real estate funds

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-674977783-e1716280723849.jpg?w=2048

Falling valuations could create liquidity pressures for the products.

https://fortune.com/europe/2024/05/21/investors-yanked-billions-europe-real-estate-funds-ecb-warns-hybrid-work-hit-demand-office-space/


New training rules for train dispatchers and signal repairmen aim to improve rail safety after disastrous East Palestine derailment

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24141829961243-e1716280431473.jpg?w=2048

FRA Administrator Amit Bose said railroads are concerned about safety, but too often only do the minimum required as they try to control costs.

https://fortune.com/2024/05/21/training-rules-train-dispatchers-signal-repairmen-rail-safety-east-palestine-derailment/


Owners of California mushroom farms where farmworker killed 7 will pay more than $450,000 in back wages and damages to 62 workers

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1459869813-e1716279223944.jpg?w=2048

The owners of California Terra Gardens and Concord Farms in Half Moon Bay will also pay $70,000 in civil penalties for illegally deducting money from the workers' pay

https://fortune.com/2024/05/21/california-mushroom-farms-farmworker-killed-7-pay-450000-back-wages-62-workers/


Samsung replaces semiconductor boss after it falls behind in critical AI chip market

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2150262051-e1716278700762.jpg?w=2048

Samsung has fallen behind SK Hynix in high-bandwidth memory or HBM chips, which have seen explosive growth because they are used for training artificial intelligence models like ChatGPT.

https://fortune.com/asia/2024/05/21/samsung-replaces-semiconductor-boss-falls-behind-critical-ai-chip-market-sk-hynix/


Company on-site childcare is popping up everywhere but experts caution against over-reliance on business

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24138674672494-e1716277999368.jpg?w=2048

Skyrocketing child care costs and staffing shortages have complicated arrangements for working parents.

https://fortune.com/2024/05/21/company-on-site-childcare-experts-caution-over-reliance-business/


Hims & Hers’ surprise 85% Wegovy discount is latest step on a journey to make medicine less ‘paternalistic,’ exec says

https://fortune.com/img-assets/wp-content/uploads/2024/05/53735547074_158b6cf83d_o-e1716256994342.jpg?w=2048

The compounded weight loss drug starts at $199 per month.

https://fortune.com/well/2024/05/20/hims-hers-wegovy-discount-paternalistic/


The global ‘spermpocalypse’ proves infertility is no longer just a women’s problem, CEO of male fertility clinic says

https://fortune.com/img-assets/wp-content/uploads/2024/05/53734469722_be8818c505_o-e1716254425879.jpg?w=2048

The $30 billion global fertility industry overwhelmingly caters to women—but that's changing.

https://fortune.com/well/2024/05/20/fertility-crisis-women-problem-sperm-count/


Chinese, Iranian, and Russian gangs are attacking the U.S.'s drinking water and officials are alarmed

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-505144604-e1716252703891.jpg?w=2048

The world’s cyberpowers are believed to have been infiltrating rivals’ critical infrastructure for years planting malware that could be triggered to disrupt basic services.

https://fortune.com/2024/05/20/chinese-iranian-and-russian-gangs-are-attacking-u-s-drinking-water-and-officials-are-alarmed/


America’s biggest Medicaid insurer pledged to help build $900 million worth of housing. It’s proof that in America, you need more than medicine for good health

https://fortune.com/img-assets/wp-content/uploads/2024/05/53735332406_edb878cf9b_o-e1716249421696.jpg?w=2048

The Centene Foundation aims to create thousands of housing units.

https://fortune.com/well/2024/05/20/affordable-housing-crisis-centene-investment/


Microsoft's new AI-enabled laptops will have a 'photographic memory' of your virtual activity

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1930366394-e1716248378207.jpg?w=2048

It's a step toward machines that “instantly see us, hear, reason about our intent and our surroundings,” said CEO Satya Nadella.

https://fortune.com/2024/05/20/microsofts-ai-laptops-photographic-memory-nadella/


Prominent leader of financial services watchdog resigns after report found it was riddled with a 'misogynistic’ and ‘good ole boys club’ culture

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153273130-e1716245372915.jpg?w=2048

New leadership is needed to fix the “toxic culture” at the FDIC, said Sen. Sherrod Brown on Monday.

https://fortune.com/2024/05/20/fdic-chair-martin-gruenberg-resigns-workplace-culture-sexual-harassment-misconduct/


Hims will follow its Viagra playbook and offer weight-loss drugs that are 85% cheaper than Wegovy—with Mounjaro and Zepbound in its sights next

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1467665258-e1716242706127.jpg?w=2048

Hims said it’s offering a treatment with the same active ingredient as Wegovy for $199 a month.

https://fortune.com/2024/05/20/wegovy-discount-hims-weight-loss-drugs-mounjaro-zepbound-glp-1-compounding/


Where web developers are commanding the biggest salaries

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1451309426-e1715022608781.jpg?w=2048

Despite a larger tech sector slow down, web developers are still earning relatively robust salaries—but where they live and work is an important factor.

https://fortune.com/education/careers/web-developer-salary/


‘It’s absurd’: From Morgan Stanley to the state of Wisconsin, here’s who just poured billions into Bitcoin ETFs

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1917736185-e1716229795850.jpg?w=2048

More than 900 firms at least $100 million in size bought into spot Bitcoin ETFs.

https://fortune.com/crypto/2024/05/20/spot-bitcoin-etfs-13f-morgan-stanley-wisconsin-grayscale/


Satya Nadella transformed Microsoft’s culture during his decade as CEO by turning everyone into ‘learn-it-alls’ instead of ‘know-it-alls’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1730506245-e1716234226114.jpg?w=2048

Microsoft must “stay humble, stay hungry, and exhibit a growth mindset,” he told Fortune.

https://fortune.com/2024/05/20/satya-nadella-microsoft-culture-growth-mindset-learn-it-alls-know-it-alls/


Ohio judge tells government to keep its grubby paws off the people’s flavored cigs

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1262577833-e1716233261186.jpg?w=2048

Anti-tobacco advocates harshly criticized the override, saying fruit and candy tobacco flavors foster addiction in children.

https://fortune.com/2024/05/20/ohio-judge-tells-government-to-keep-its-grubby-paws-off-the-peoples-flavored-cigs/


Second homes are out of reach for most people so this $1.5 billion startup invented a clever workaround—here’s how it works

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1464561979-e1716231801400.jpg?w=2048

Pacaso offers an easier way to co-own a vacation home in luxury markets.

https://fortune.com/2024/05/20/how-pacaso-works-second-vacation-home-affordable-easy/


Ex-tech CEO who now manages AI for the CIA explains why it’s like your ‘crazy, drunk friend’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1271772309-e1716231216342.jpg?w=2048

Generative AI is currently about as sophisticated as an elementary school student. Intelligence work, by contrast, is for grown-ups, said the CIA's first CTO Nand Mulchandani.

https://fortune.com/2024/05/20/ex-ceo-ai-is-crazy-drunk-friend/


The WNBA may block an effective 100% raise for its Las Vegas franchise’s players even as the sport reels from a huge gender pay gap

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153763431-e1716230056217.jpg?w=2048

The WNBA has opened an investigation into a sponsorship deal between the Las Vegas Aces and the city’s tourism board. The team says to ask the league why it’s doing this.

https://fortune.com/2024/05/20/wnba-las-vegas-aces-aja-wilson-jackie-young-caitlin-clark-basketball-pay-gap/


Want a career in the U.S. government? These are the best and worst agencies to work at, according to a survey of over 1 million federal employees

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24139727516422-e1716228144488.jpg?w=2048

The survey found that overall job satisfaction and engagement across the federal workforce ticked up a bit to 65.7; that's a 2.3-point increase over 2022's figures.

https://fortune.com/2024/05/20/federal-government-jobs-best-worst-agencies-employee-satisfaction-engagement-survey/


Wall Street's biggest bear just turned bullish on stocks—but he warns ‘uncertainty’ still reigns

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1973309388-e1716213793179.jpg?w=2048

Morgan Stanley’s Mike Wilson previously called the $8 trillion market drop in 2022, due to a combination of “fire and ice.”

https://fortune.com/2024/05/20/wall-street-biggest-bear-bullish-stocks-uncertain-backdrop-economy/


Fed governor highlights de-dollarization debate as concerns of global economy dropping the dollar grow: ‘The role of the U.S. economy in world finance is changing’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1236664891.jpg?w=2048

Russia sanctions, Chinese central bank policy are reopening long debate over the future of dollar dominance.

https://fortune.com/2024/05/20/dedollarization-dollar-dominance-fed-governor-china-russia-exchange-rates-sanctions-reserve-currency/


We know very little about neurodivergent women—and they may be entirely overlooked at work

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-656227991-e1716224168170.jpg?w=2048

Boys are diagnosed with ADHD at a 3-to-1 ratio compared to girls. Boys are 4 times likelier to be diagnosed with autism and twice as likely with dyslexia

https://fortune.com/2024/05/20/neurodivergent-women-work-health-careers-leadership/


Goldman Sachs head of strategy Mintzberg to replace Sonnenshein as Grayscale CEO

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1771428647-e1716220162844.jpg?w=2048

Michael Sonnenshein spent 10 years at Grayscale. He's set to step down effective Aug. 15.

https://fortune.com/crypto/2024/05/20/goldman-sachs-strategy-mintzberg-replace-sonnenshein-grayscale-ceo-bitcoin-etfs/


The damaged ship that caused Baltimore's deadly bridge collapse has been escorted back to port—a major milestone in the recovery effort

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24141386309867.jpg?w=2048

Nearly two months have passed since the Dali crashed into the bridge, killing six construction workers and halting most traffic through the Port of Baltimore.

https://fortune.com/2024/05/20/baltimore-bridge-collapse-dali-ship-container-returns-port/


Paul McCartney is now a billionaire, the first British musician to do it—and the former Beatle can thank Beyoncé

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1405277694-e1716213039148.jpg?w=2048

It still can't buy him love, though.

https://fortune.com/2024/05/20/paul-mccartney-billionaire-net-worth-nancy-beatles-beyonce-blackbird/


Michael Cohen says he stole tens of thousands of dollars from Trump's company

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24141420886249-e1716219406902.jpg?w=2048

While being pressed by defense attorney Todd Blanche, Cohen admitted that he pocketed cash that was supposed to be reimbursement.

https://fortune.com/2024/05/20/michael-cohen-trump-organization-stole-thousands-dollars/


Target plans to cut prices on 5,000 items to win back customers

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2051572265-e1716212962534.jpg?w=2048

Reductions have already been made on 1,500 items.

https://fortune.com/2024/05/20/target-cutting-prices-5000-items/


Red Lobster's long-awaited bankruptcy has finally happened

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152534938-e1716212921245.jpg?w=2048

Company will sell its assets to lenders.

https://fortune.com/2024/05/20/red-lobster-bankruptcy-chapter-11-endless-shrimp-closures-asset-sale-lenders/


Ryanair's shares are up 14% since 2020, while low-cost rival easyJet's are down 72%—what is CEO Michael O'Leary getting right?

https://fortune.com/img-assets/wp-content/uploads/2024/05/Michael-O-Leary-Holly-adams-GettyImages-2149388818-e1716208706887.jpg?w=2048

Ryanair's low costs and decision not to lay off staff helped it recover faster from the pandemic.

https://fortune.com/europe/2024/05/20/ryanairs-shares-up-2020-easyjet-down-ceo-michael-oleary-getting-right/


Elon Musk still hasn’t finished his 10% layoffs at Tesla and employees are ‘walking on eggshells every day’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1779162268-e1716206782705.jpg?w=2048

Musk has yet to give staff an “all clear” indication that the job cuts are over, leading co-workers to darkly joke with one another about anxiety and insomnia.

https://fortune.com/2024/05/20/elon-musk-10-layoffs-tesla-employees-walking-on-eggshells-every-day/


Africa is a wide open market for smartphone firms but new users face risks: ‘Tech can be used for awful things’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1952333639-e1716204208693.jpg?w=2048

Despite growing mobile internet coverage on the continent of 1.3 billion people, just 25% of adults in sub-Saharan Africa have access to it.

https://fortune.com/2024/05/20/africa-market-smartphone-firms-new-users-face-risks/


Airbnb boss insists being the butt of SNL skit didn't 'sting'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2150468119-e1716201560724.jpg?w=2048

"The brand is a noun and verb used all over the world."

https://fortune.com/2024/05/20/airbnb-ceo-brian-chesky-snl-sydney-sweeney-skitskit/


Amazon CEO Andy Jassy: An ‘embarrassing’ amount of your success in your 20s depends on your attitude

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1129882601-e1716200286242.jpg?w=2048

But aspirational workers need to follow through on a can do attitude with action, Jessy added.

https://fortune.com/2024/05/20/amazon-ceo-andy-jassy-embarrassing-amount-success-20s-positive-attitude/


Chinese state media hints that Beijing might ‘hit back’ against European probes by targeting wine, dairy and aircraft

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153282103-e1716200603814.jpg?w=2048

The EU is investigating Chinese subsidies across a range of industries, threatening tariffs for electric carmakers and keeping firms out of rail and energy tenders.

https://fortune.com/asia/2024/05/20/chinese-state-media-beijing-hit-back-european-probes-wine-dairy-aircraft/


Gen Z fueling limited-time flavors like Sour Patch Kids Oreos and pink lemonade-flavored Kit Kats

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1228704461-e1716200465990.jpg?w=2048

Food companies are responding to the changing and expanding tastes of consumers while also trying to keep brands relevant and distinct to win space on crowded store shelves.

https://fortune.com/2024/05/20/gen-z-fueling-limited-time-flavors/


Beijing is spending $42 billion to save its slumping real estate sector. Analysts say it’s nowhere near enough

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153284308-e1716198804126.jpg?w=2048

The decline in China’s sales of new homes accelerated in recent months, with households increasingly preferring to buy in the secondary market.

https://fortune.com/asia/2024/05/20/beijing-42-billion-save-slumping-real-estate-sector-analysts-not-enough/


TikTok-owner ByteDance takes the lead in the race to have China’s most popular ChatGPT-like app

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2076431409-e1716197152867.jpg?w=2048

Doubao, the artificial intelligence-powered chatbot released in August, surpassed Baidu’s Ernie Bot in downloads last year and now has more regular monthly users on iOS in China.

https://fortune.com/asia/2024/05/20/tiktok-owner-bytedance-lead-race-china-most-popular-chatgpt-ai-app/


Minnesota passes new driver pay minimums

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24140807552513-e1716195636403.jpg?w=2048

The House agreement announced Saturday after a day of negotiations would set a minimum pay rate at $1.28 per mile and 31 cents per minute.

https://fortune.com/2024/05/20/minnesota-new-driver-pay-minimums-uber-lyft-threatened-leave-minneapolis/


Elon Musk travels to Bali to launch Starlink in Indonesia, his first trip after years of wooing from the Southeast Asian country

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153135199-e1716181876533.jpg?w=2048

Indonesia's president has tried to court Musk and his billions for years. Now, Musk says it's "very likely" his companies will invest in the country.

https://fortune.com/asia/2024/05/20/elon-musk-first-trip-indonesia-starlink-launch-jokowi-charm-offensive-tesla-spacex/


Iran's president is missing after his helicopter crashes in dense fog with an aerial search 'impossible'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1910176460-e1716129188357.jpg?w=2048

Finding the president’s helicopter “could take time” due to difficult weather conditions, Interior Minister Ahmad Vahidi said on TV.

https://fortune.com/2024/05/20/iran-president-ebrahim-raisi-hard-landing-helicopter-dense-fog-rescue-teams/


China’s EV makers are having more trouble paying their bills and now take 2 to 3 times longer than Tesla does

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152143756-e1716162119374.jpg?w=2048

Nio was taking around 295 days to clear its receipts payable at the end of 2023 versus 197 days in 2021. Tesla only took around 101 days.

https://fortune.com/2024/05/19/china-ev-makers-nio-xpeng-paying-bills-suppliers-tesla-elon-musk/


Lamborghini’s CEO says fully electric supercars are ‘not something that is selling so far’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2150502790-e1716160871900.jpg?w=2048

“It’s too early, and we have to see down the road if and when this is going to happen.”

https://fortune.com/2024/05/19/lamborghini-ev-fully-electric-supercars-revuelto-plugin-hybrid-ferrari-byd/


The ship that destroyed Baltimore’s Francis Scott Key Bridge will be escorted by up to 5 tugboats as it’s moved to a nearby dock

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2115097032-e1716158971338.jpg?w=2048

The refloating operation will take about 21 hours, with the transit portion starting at high tide and lasting about three hours, the Coast Guard-led command said.

https://fortune.com/2024/05/19/collapsed-baltimore-bridge-dali-cargo-ship-refloat-escort-tugboats/


Jerome Powell recalls the moment that changed his life: ‘A little initiative can make all the difference in anyone’s career’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2150466414-e1716157708216.jpg?w=2048

The Fed chief delivered the address by prerecorded video during Georgetown University Law Center’s commencement after testing positive for Covid Thursday.

https://fortune.com/2024/05/19/jerome-powell-career-advice-commencement-speech-federal-reserve-public-service/


Iran's president is missing after his helicopter crashes in dense fog with an aerial search 'impossible'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1910176460-e1716129188357.jpg?w=2048

Finding the president’s helicopter “could take time” due to difficult weather conditions, Interior Minister Ahmad Vahidi said on TV.

https://fortune.com/2024/05/19/iran-president-ebrahim-raisi-hard-landing-helicopter-dense-fog-rescue-teams/


'Copper is the new oil,' and prices could soar 50% as AI, green energy, and military spending boost demand, top commodities analyst says

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1405981940-e1716143428610.jpg?w=2048

"But I go back to the 2000s, I was bullish on oil then as I am on copper today."

https://fortune.com/2024/05/19/copper-price-outlook-15000-per-ton-crude-oil-ai-green-energy-data-centers/


Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-109724729-e1716135180112.jpg?w=2048

"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."

https://fortune.com/2024/05/19/economic-outlook-consumer-sentiment-inflation-high-rates-saving-american-dream-spending-labor-market/


Joe Biden offers most direct recognition to U.S. students about campus protests over Gaza, telling Morehouse graduates ‘your voices should be heard’

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24140511909935-e1716132691695.jpg?w=2048

“I support peaceful nonviolent protest," Biden told students. "Your voices should be heard, and I promise you I hear them.”

https://fortune.com/2024/05/19/joe-biden-morehouse-college-commencement-speech-israel-gaza-student-protests/


America’s first Black astronaut candidate gets to space on Jeff Bezos’ Blue Origin rocket and beats William Shatner as oldest person in the final frontier

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1921270697-e1716131639941.jpg?w=2048

Ed Dwight was an Air Force pilot when President John F. Kennedy championed him as a candidate for NASA’s early astronaut corps. But he wasn’t picked for the 1963 class.

https://fortune.com/2024/05/19/ed-dwight-first-black-astronaut-candidate-space-tourism-jeff-bezos-blue-origin-rocket-william-shatner/


Disneyland character and parade performers vote to unionize by wide margin, setting up Actors’ Equity to represent 1,700 workers

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24140172043185-e1716130061999.jpg?w=2048

A union website tracking the balloting among cast members indicated passage by 78.7% (953 votes) in favor and 21.3% (258 votes) opposed.

https://fortune.com/2024/05/19/disneyland-character-parade-performers-vote-unionize-actors-equity-worker-safety-wages/


Helicopter carrying Iran's president has 'hard landing' in dense fog, with rescue teams still trying to locate the site, state TV says

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1910176460-e1716129188357.jpg?w=2048

Finding the president’s helicopter “could take time” due to difficult weather conditions, Interior Minister Ahmad Vahidi said on TV.

https://fortune.com/2024/05/19/iran-president-ebrahim-raisi-hard-landing-helicopter-dense-fog-rescue-teams/


Why you should care about—and fear—America's aging energy grid

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153309243-e1715978027722.jpg?w=2048

The aging plumbing undergirding America’s green, high-tech future is finally getting its moment in the spotlight—and it’s not pretty.

https://fortune.com/2024/05/19/energy-power-grid-ev-ai-demand-surge-transmission-ferc-renewables-modernization/


How one company justified a million-dollar logo redesign inspired by the Mona Lisa—and moved just two wavy lines: ‘Surely this is satire’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153157065-e1715977102486.jpg?w=2048

15 years later, soda fans still balk at the design plans comparing the logo to Renaissance art and Pythagorean geometry.

https://fortune.com/2024/05/19/logo-redesign-million-dollars-pepsi/


Why can’t America have high speed rail? Because our investment is a ‘rounding error’ compared with Europe's, says Amtrak’s CEO

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2141945851-e1715370958848.jpg?w=2048

Even with billions in infrastructure funding, America’s rail investment is just a tenth of what some countries spend per capita.

https://fortune.com/2024/05/19/high-speed-trains-us-vs-europe-china-japan-amtrak-ceo-freight-infrastructure/


Taylor Swift’s Eras Tour could boost Europe’s economy more than America’s, experts predict

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2151626230-e1715862885300.jpg?w=2048

Europe has better public transport and benefits from the concerts happening over the summer—and Swifties are ready to buy into it.

https://fortune.com/europe/2024/05/19/taylor-swift-eras-tour-boost-europe-economy-more-than-americas/


Benny Gantz threatens to leave Israel’s war cabinet if Netanyahu doesn’t meet demands, warning against ‘path of fanatics’ that will lead to the ‘abyss’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1419872476-e1716086880673.jpg?w=2048

“Personal and political considerations began to penetrate the Holy of Holies — Israel’s security.”

https://fortune.com/2024/05/18/benny-gantz-israel-war-cabinet-benjamin-netanyahu-gaza-hamas/


Bankrupt crypto lender Genesis gets OK to return billions in tokens and cash to creditors, meaning parent firm DCG ‘is out of the money’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1475394879-e1716076256193.jpg?w=2048

“Given the size of the creditor claims, DCG is out of the money as an equity holder by billions of dollars,” Judge Lane said.

https://fortune.com/crypto/2024/05/18/bankrupt-crypto-lender-genesis-return-billions-bitcoin-tokens-creditors-dcg/


An oil tanker going from Russia to China is hit by a Houthi missile in the Red Sea, U.S. military says

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2065827955-e1716073906569.jpg?w=2048

The strike Saturday on the Greek-owned M/T Wind caused flooding that knocked out its propulsion and steering, which the crew restored.

https://fortune.com/2024/05/18/oil-tanker-russia-china-iran-houthi-rebels-missile-red-sea-israel-hamas/


Some NYU students being disciplined for protests must reflect on a ‘Simpsons’ episode: ‘What, if anything, could Lisa have done or thought about to make better decisions?’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1074338030-e1716072038771.jpg?w=2048

One workbook has a section based on an episode of “The Simpsons” in which Lisa uncharacteristically cheats on a test and is wracked by guilt.

https://fortune.com/2024/05/18/nyu-students-israel-gaza-hamas-protests-discipline-the-simpsons-lisa-simpson/


Rudy Giuliani was served an indictment in Arizona’s fake elector case as he was walking to the car after his 80th birthday celebration

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24116011888647-e1716070360406.jpg?w=2048

Giuliani faces the same charges as the 17 other defendants, including conspiracy, fraud and forgery charges.

https://fortune.com/2024/05/18/rudy-giuliani-indictment-arizona-fake-elector-case-donald-trump-2020-campaign-joe-biden/


Tesla chair says life-changing wealth boosts her independence as she blasts judge's critique of 'lackadaisical' oversight of Elon Musk—'That is crap'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1451217882-e1716064581342.jpg?w=2048

“I had to look up that word . . . I will tell you, anybody who knows me, knows that I am not lackadaisical, now that I know what that word means."

https://fortune.com/2024/05/18/tesla-chair-robyn-denholm-ceo-elon-musk-pay-package-oversight-annual-meeting/


Taylor Swift's Eras Tour is cheaper for Americans to see in Europe than in the U.S.—thanks to the strong dollar and EU regulations

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152646586-e1716055179718.jpg?w=2048

Traveling to Sweden from New York to see Taylor Swift would cost about $1,300. That includes $300 for a concert ticket, $700 for a roundtrip flight, and $300 for a night at a four-star hotel, according to CNN.

https://fortune.com/2024/05/18/taylor-swift-eras-tour-cheaper-europe-vs-us-strong-dollar-ticker-reseller-rules/


Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1241845700-e1716051048561.jpg?w=2048

For about one hour late Friday, day-ahead prices on ERCOT's website jumped as high as $688 per MWh.

https://fortune.com/2024/05/18/texas-power-prices-1600-percent-heat-wave-record-energy-demand-electric-grid/


14 of the world's 20 biggest stock markets have hit record highs, with U.S. equities riding a $12 trillion rally

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2149352918-e1716048823979.jpg?w=2048

The S&P 500 hasn’t seen a 2% drop in 311 days, its longest streak since 2017-2018.

https://fortune.com/2024/05/18/stock-market-rally-dow-sp500-nasdaq-nikkei-stoxx-ftse-sensex/


Private-equity-backed firm buys up crematoriums and funeral homes to cash in on Europe’s aging population. ‘It’s an infrastructure play’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1249276312-e1716046298629.jpg?w=2048

Funecap Idf SAS has spent around $1.1 billion to buy more than 300 crematoriums and funeral centers mainly in Europe, home to 17 of the top 20 countries with the highest death rates.

https://fortune.com/2024/05/18/private-equity-backed-funecap-crematoriums-funeral-homes-europe-aging-population/


Houston storm knocked out electricity to nearly 1 million users and left several dead, including a man who tried to power an oxygen tank with his car

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24138509377010-e1716044713566.jpg?w=2048

The balmy weather is a concern in a region where more than a half-million homes and businesses remained without electricity Saturday morning — down from nearly 1 million.

https://fortune.com/2024/05/18/houston-storm-power-outages-1-million-death-toll-heat-flood-warning/


The Dow topped 40,000 for the first time, but the S&P 500 is thrashing the blue-chip index. Here's why

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153396716-e1716042777245.jpg?w=2048

The S&P 500's 27.5% rise for the last 12 months easily tops the 19.7% gain for the Dow.

https://fortune.com/2024/05/18/dow-jones-industrial-average-40000-dow-vs-sp500-stock-index-performance/


This millennial-founded Chinese company scored a $6 billion valuation selling mystery toys. Now it wants to cash in on America’s cuteness craze

https://fortune.com/img-assets/wp-content/uploads/2024/05/site-headers-19.png?w=2048

Pop Mart, founded in 2010 by now 37-year-old Wang Ning, has kickstarted a mystery-toy boom in China.

https://fortune.com/2024/05/18/pop-mart-blind-box-mystery-toy-boom-china-wang-ning/


A group of college kids may have just figured out how to get leaf blowers to shut up

https://fortune.com/img-assets/wp-content/uploads/2024/05/JHU2340-e1715972201983.jpg?w=2048

Stanley Black and Decker was so enamored with the work of four Johns Hopkins engineering students it plans to sell the product in stores.

https://fortune.com/2024/05/18/johns-hopkins-stanley-black-decker-leaf-blower-3d-printing-invention-patent/


TodayTix CEO took over at 31. Now 38, he has a message for aspirational young leaders

https://fortune.com/img-assets/wp-content/uploads/2024/05/brian_todayTIX2.png?w=2048

Under Brian Fenty's leadership, the theatre ticketing platform has partnered with Netflix, acquired Secret Cinema and Goldstar, and now reaches over 25 million users on the app.

https://fortune.com/2024/05/18/todaytix-ceo-brian-fenty/


Electric mobility has 'won the race' but Volkswagen hits brakes on EV strategy

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153173885-e1715940602414.jpg?w=2048

The automaker is selling so many combustion engine cars that it’s on track to overshoot its emissions allowance for next year.

https://fortune.com/europe/2024/05/18/electric-mobility-won-race-volkswagen-hits-brake-ev-strategy/


Debt-hungry Americans focking to Europe as interest rate cuts fuel $33bn 'Reverse Yankee'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1571502805-e1715952996794.jpg?w=2048

Issuance of European debt could be on track to break records as the Eurozone gets the jump against the Fed in cutting rates.

https://fortune.com/europe/2024/05/18/debt-hungry-american-companies-flocking-europe-interest-rate-cuts-fuel-33-billion-reverse-yankee-fed-ecb/


Wealthy travelers seeking sun, sand, and luxury are flocking to the Caribbean paradise next to Haiti, where armed gangs dominate

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1692886552-e1715991610104.jpg?w=2048

Even Fast & Furious star Vin Diesel wants to build a movie studio there.

https://fortune.com/2024/05/17/dominican-republic-trips-wealthy-beach-paradise/


This is the best time of day to exercise for people living with obesity, new study shows

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1352375828-e1715708204852.jpg?w=2048

One hormone in particular may explain the health benefits of physical activity at this time.

https://fortune.com/well/2024/05/17/best-time-of-day-to-exercise-evening-overweight-obesity/


Tiny, light-brown lizard sparks massive clash between environmentalists and oil giants

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1135416058-e1715988753339.jpg?w=2048

The 2.5-inch dunes sagebrush lizard is found only in the Permian Basin.

https://fortune.com/2024/05/17/tiny-lizard-sparks-massive-clash/


Pacific Coast Highway reopens after rockslide deluge

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2147846225-e1715986773325.jpg?w=2048

Total losses to Big Sur businesses since the slide were exceeding $1 million a day, an official said.

https://fortune.com/2024/05/17/pch-highway-1-big-sur-reopens-landslide/


Disgruntled Boeing investors take aim at $33 million pay for ex-CEO amid ongoing safety issues

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1953488971_24e4b4-e1715985097469.jpg?w=2048

Shareholders grill executives, as questions abound over Boeing's way forward.

https://fortune.com/2024/05/17/what-is-going-on-at-boeing-disgruntled-investors-ceo-pay-millions/


Zyn shortages leave some retailers out of stock, while online sellers start rationing to prevent hoarding of the popular tobacco pouches

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1970321378-e1715984065442.jpg?w=2048

The scarcity comes after Philip Morris International, which also sells Marlboro cigarettes outside of the US, reported US volume of the nicotine pouches rocketed up 80% in the first quarter.

https://fortune.com/2024/05/17/zyn-shortage-retailers-out-of-stock-online-sellers-ration-hoarding/


Singapore Airlines dishes out bonuses worth 8 months of salary after 2 years of record profits

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1236597167-e1715980576450.jpg?w=2048

Singapore’s national carrier is shrugging off a tough year for the airline industry.

https://fortune.com/2024/05/17/singapore-airlines-employee-bonuses-record-profits/


Is there a best business school? We look at alma maters of Fortune 1000 c-suite executives to find out

https://fortune.com/img-assets/wp-content/uploads/2024/05/Fortune-1000-executives-MBAs.png?w=2048

While Harvard, UChicago, and Northwestern topped the list, it may surprise you the number of leaders without the degree

https://fortune.com/education/articles/fortune-1000-executives-mba-alma-mater/


Jamie Dimon once again says we should tackle the national deficit: ‘That is important for the world’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152634442_75362c-e1715976180931.jpg?w=2048

Dimon said the deficit isn’t going to be a calamity anytime soon, but it’s making inflation worse and could prompt financial markets to force tough choices later.

https://fortune.com/2024/05/17/jamie-dimon-us-deficit-debt-crisis-gdp-jpmorgan-bond-yields-interest-rates/


UAW's southern strategy falls short as Mercedes workers in Alabama reject union

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1678485200-e1715976706160.jpg?w=2048

The defeat in two plants near Tuscaloosa comes a month after the UAW scored a breakthrough victory in a Tennessee VW facility.

https://fortune.com/2024/05/17/uaws-southern-strategy-falls-short-as-mercedes-workers-in-alabama-reject-union/


NYC’s rat problem is so bad it’s holding a summit of vermin experts to ‘know our enemy’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1434544613-e1715976581887.jpg?w=2048

"Preeminent rat researchers" are invited to attend.

https://fortune.com/2024/05/17/new-york-city-rat-summit-infestation-crisis-trash/


Two Texas cattle traders promised epic returns on investment. Now, they’re accused of a $161 million Ponzi scheme

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1467579925-e1715974617272.jpg?w=2048

The “too good to be true” agribusiness promised a 15% guaranteed return on just $2,000 down, the government said.

https://fortune.com/2024/05/17/texas-ponzi-scheme-cattle-lawsuit/


10 of the highest-paying IT jobs right now

https://fortune.com/img-assets/wp-content/uploads/2024/04/Recommends_coding-jobs-e1714499377747.jpg?w=2048

For continuous learners with problem solving skills, a career in IT can be rewarding.

https://fortune.com/education/careers/information-technology-jobs/


A California town is for sale. Asking price: $6.6 million

https://fortune.com/img-assets/wp-content/uploads/2024/05/DJI_0353.jpg?w=2048

It’s just one hour from San Diego.

https://fortune.com/2024/05/17/campo-california-up-for-sale/


Anti-tax group that spent millions to oppose Trump before deciding he was unstoppable just issued a wish list of second-term tax cuts

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152963382-e1715964890577.jpg?w=2048

The Club for Growth Foundation, which is tied to billionaire Jeff Yass and shipping magnate Richard Uihlein, is jockeying for a second round of cuts should Trump take office.

https://fortune.com/2024/05/17/donald-trump-tax-cuts-reelection-club-for-growth/


New York, choked by traffic, plans to charge drivers $15 for entering the city—but a legal battle from angry locals is brewing

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-474574164-e1715964778215.jpg?w=2048

The lawsuits argue mass transit, as well as small businesses, will take a disproportionate financial hit.

https://fortune.com/2024/05/17/new-york-choked-by-traffic-plans-to-charge-drivers-15-for-entering-the-city-but-a-legal-battle-from-angry-locals-is-brewing/


The good times are over for Napa Valley and the wine industry

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1233452390-e1715955331238.jpg?w=2048

It’s a big turnaround from four years ago.

https://fortune.com/2024/05/17/napa-valley-wine-industry-consolidation-sales-non-alcohol-trend-gen-z/


GameStop stock is crashing after the company reported weak sales and cashed in on the meme stock revival by selling 45 million shares

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1230829781.jpg?w=2048

Meme stock pump appears to be dying out as GameStop and retail traders cash in on their winnings.

https://fortune.com/2024/05/17/gamestop-stock-sale-gme-amc-memestock-roaring-kitty-q1-earnings/


Jamie Dimon warns markets are fooling themselves by thinking inflation will soon go away

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152634442-e1715958003669.jpg?w=2048

The JPMorgan boss believes official data is not sufficiently reflecting price pressures that are in the pipeline but have yet to manifest.

https://fortune.com/2024/05/17/economy-inflation-jpmorgan-jamie-dimon-stock-market/


Microsoft partnership with France’s Mistral AI won’t face British antitrust probe

https://fortune.com/img-assets/wp-content/uploads/2024/05/Arthur-Mensch-Mistral-AI-GettyImages-1787348620-e1715957115175.jpg?w=2048

The Competition and Markets Authority had announced it was gathering information on the tie-up last month.

https://fortune.com/europe/2024/05/17/microsoft-partnership-mistral-ai-wont-face-british-antitrust-probe-france/


Scottie Scheffler, world's top-ranked golfer, arrested for second-degree assault on police officeer

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153393435-e1715955474411.jpg?w=2048

Charged with second-degree assault of a police officer, among other offenses.

https://fortune.com/2024/05/17/scottie-scheffler-arrested-pga-championship-valhalla-golf-club/


The ‘X Date’ is when the U.S. could run out of cash—and experts fear a looming election could mean no Treasury Secretary to steady the ship

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1835356275-e1715260587572.jpg?w=2048

"Could the car crash? It absolutely could. Do I think it’s likely to do so? No."

https://fortune.com/2024/05/17/debt-ceiling-bpc-columbia-crisis-debt-resolution/


Big Tech is pouring billions into London AI investments—but the U.K. risks becoming a sidekick to U.S. tech giants

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2151325607-e1715948274656.jpg?w=2048

Microsoft's investments in U.K. AI is good news—but there was a time when the country created tech titans such as Arm and DeepMind.

https://fortune.com/europe/2024/05/17/big-tech-pouring-billions-london-ai-investments-uk-sidekick-us-tech-giants/


Major North Carolina political donor convicted again

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24137648408253.jpg?w=2048

A federal jury convicted insurance magnate Greg Lindberg and former consultant John Gray of bribery concerning programs receiving federal funds and conspiracy to commit “honest services wire fraud”.

https://fortune.com/2024/05/17/north-carolina-political-donor-greg-lindberg-convicted-bribe-state-insurance-commissioner/


Texas barge collision may have spilled 2,000 gallons of oil into Galveston Bay, Coast Guard says

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24137741285654-e1715946362584.jpg?w=2048

The barge crashed into a pillar supporting the Pelican Island Causeway span on Wednesday.

https://fortune.com/2024/05/17/texas-barge-collision-spilled-2000-gallons-oil-galveston-bay-coast-guard/


Trump lawyers accuse former fixer Michael Cohen of lying to jury

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24137440205450-e1715945880204.jpg?w=2048

Whether the defense is successful in undermining Cohen's testimony could determine Trump's fate in the case.

https://fortune.com/2024/05/17/trump-lawyers-fixer-michael-cohen-lying-jury-obsessed-jail/


Taiwan is now exporting and investing more in the U.S. than China in major pivot away from Beijing

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24135146409859-e1715943293440.jpg?w=2048

The U.S. displaced mainland China as the top destination for Taiwan’s exports in the first quarter of the year for the first time since the start of 2016, when comparable data became available.

https://fortune.com/asia/2024/05/17/taiwan-exporting-investing-more-us-china-major-pivot-away-beijing/


Nearly half of Gen Z and millennial workers have left a job, or plan to, because of climate concerns

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2042292838-e1715940128917.jpg?w=2048

Instead of sitting with their climate change anxiety, Gen Z and millennials are trying to save the planet by quitting jobs that aren’t eco-friendly.

https://fortune.com/2024/05/17/gen-z-millennial-sustainability-jobs-climate-change-deloitte/


Tyson Fury and Mo Salah outearn Europe’s highest paid CEOs—but top U.S. execs trail only Cristiano Ronaldo's $260 million haul

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-482009682-1-e1715939450852.jpg?w=2048

Stellantis CEO Carlos Tavares had a compensation package worth $39.4 million in 2023, lower than any of the world's top 50 sports stars.

https://fortune.com/europe/2024/05/17/tyson-fury-mo-salah-earn-more-europe-highest-paid-ceos-top-us-execs-cristiano-ronaldo-260-million/


Spotify used this one word to justify a 50% cut in royalties, creator lawsuit alleges

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-996452602-e1715939041246.jpg?w=2048

It is estimated that the loss to creators would amount to about $150 million next year.

https://fortune.com/europe/2024/05/17/spotify-used-one-word-justify-50-percent-cut-royalties-music-creators-allege-lawsuit/


Pharma giant Bayer's shares have fallen 70% in 6 years—but its football team, the best in Germany, is thriving

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152641175-e1715938060220.jpg?w=2048

Bayer is still a major sponsor of its football team, although it’s unclear how much it pumps in each season. It’s unlikely the investment will decrease any time soon under CEO Anderson.

https://fortune.com/europe/2024/05/17/pharma-giant-bayer-shares-fallen-6-years-football-team-leverkusen-thriving/


Severe Texas storms knock out power to 900,000 Houston businesses and homes and blow out hundreds of office and hotel windows

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24138150365410-e1715938561778.jpg?w=2048

The mayor said four people died during the severe weather.

https://fortune.com/2024/05/17/severe-texas-storms-power-900000-houston-businesses-homes-office-windows/


Despite bagging $16 billion in investments, France reports high unemployment

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152250687-e1715936991123.jpg?w=2048

The country’s jobless rate has been creeping up in the last year, after touching around a four-decade low of 7.1% in early 2023.

https://fortune.com/europe/2024/05/17/france-reports-high-unemployment-setback-president-macron/


China’s real estate workers are taking 90% pay cuts and skipping social events to survive the property slump

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2036342495-e1715936873969.jpg?w=2048

A cohort of young professionals who thought they’d found an escalator into China’s affluent middle class have had their life upended.

https://fortune.com/asia/2024/05/17/chinas-real-estate-workers-90-pay-cuts-skipping-social-events-survive-property-slump/


Cardi B TikTok causes stock in South Korean maker of spicy instant noodles to jump by 30%

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2151314767-e1715935920360.jpg?w=2048

The rapper said she drove 30 minutes so she could “finally get” the product that was popping up “all over social media.”

https://fortune.com/asia/2024/05/17/cardi-b-tiktok-stock-south-korean-maker-spicy-instant-noodles-jump-30/


France admits it's lost control of parts of New Caledonia, the world’s third-largest producer of critical EV metal nickel

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152609137-e1715935007408.jpg?w=2048

Protests erupted after a bill that would allow some French residents of the islands to vote, potentially diluting the power of the indigenous electorate.

https://fortune.com/asia/2024/05/17/france-lost-control-new-caledonia-producer-critical-ev-metal-nickel/


17,000-company study of COVID greedflation shows most profited from cost-of-living crisis

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1465219564-e1715871728224.jpg?w=2048

Businesses saw their profit margins spike by 30% compared with the pre-COVID period, stoking claims of profiteering by big firms.

https://fortune.com/europe/2024/05/17/greedflation-british-firms-profit-margins-cost-of-living-crisis-17000-firms/


‘Weekend at Bernie’s’ or ‘One Flew Over the Cuckoo’s Nest’——Anthony Scaramucci breaks down Trump vs. Biden in 2024

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1244794237-e1715909616190.jpg?w=2048

A second Trump presidency would mean “an orange wrecking ball for this society,” said the man who lasted 11 days in the White House on Thursday.

https://fortune.com/2024/05/16/who-will-win-the-2024-election-weekend-at-bernies-or-one-flew-over-the-cuckoos-nest-scaramucci/


North Koreans stole Americans' identities and took remote-work tech jobs at Fortune 500 companies, DOJ says

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152259196-1-e1715901894132.jpg?w=2048

The Justice Department says the conspiracy has affected more than 300 companies — including a high-end retail chain and “premier Silicon Valley technology company”

https://fortune.com/2024/05/16/north-koreans-stole-american-identities-and-took-remote-work-tech-jobs/


The ultra-exclusive $100 billion club has swelled to an unprecedented 15 members

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2148589540-e1715898755603.jpg?w=2048

CEO Elon Musk, 52, has a net worth of $187 billion and ranks the third on the index.

https://fortune.com/2024/05/16/who-are-the-richest-people-billions-elon-musk/


Millennials and Gen Z are skeptical of traditional financial advice. Here’s how to reach them

https://fortune.com/img-assets/wp-content/uploads/2024/05/53726435995_4925f1f191_o-e1715896755175.jpg?w=2048

"I have a lot of faith that this population is going to do well."

https://fortune.com/2024/05/16/millennials-gen-z-skeptical-traditional-financial-advice-how-to-reach-them/


From NIMBYism to an office building disaster that ‘never happened before’ to the permanence of remote work, real-estate execs ponder a sector that’s ‘defying gravity’

https://fortune.com/img-assets/wp-content/uploads/2024/05/53726304328_e799b11503_o-e1715896475177.jpg?w=2048

"I’m here to tell you folks that the headlines are real for office," CBRE's Julie Ingersoll told the Fortune Future of Finance conference about the "century-long phenomenon" of depressed office prices.

https://fortune.com/2024/05/16/nimby-office-remote-work-housing-commercial-real-estate/


Boeing faces a critical investor vote as it hunts for a new CEO

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-887697052-e1715896234898.jpg?w=2048

The choice of CEO Dave Calhoun’s successor is one of the most consequential decisions in years for Boeing directors.

https://fortune.com/2024/05/16/who-is-boeings-next-ceo/


Young adults are getting cold feet about their highly anticipated $84 trillion wealth transfer

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-665038894-e1715893192309.jpg?w=2048

The Great Wealth Transfer might be less and later than expected. Either way, some young adults say they're not ready for it.

https://fortune.com/2024/05/16/great-wealth-transfer-young-adults-ambivalent-inheritance/


Texas and Florida are now buyers’ markets. Here’s why it could be time to move to the South

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-580503497-e1715891395898.jpg?w=2048

High inventory and price cuts have pushed Texas and Florida into a buyers’ market.

https://fortune.com/2024/05/16/housing-market-outlook-texas-and-florida-are-now-buyers-markets-heres-why-it-could-be-time-to-move-to-the-south/


Texas Gov. pardons and restores firearm rights to ex-Army officer who shot and killed a protestor

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24137701633376-e1715892781267.jpg?w=2048

Under Texas law, the governor cannot issue a pardon without a recommendation from the board, which the governor appoints.

https://fortune.com/2024/05/16/texas-gov-pardons-restores-firearm-rights-shot-protestor/


Walmart is nabbing Target’s ‘Tar-jay’ rep and Amazon’s delivery crowd as even the wealthy flock to the retail giant

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2025863012-e1715890680172.jpg?w=2048

The retailer’s blockbuster earnings are mostly thanks to its focus on groceries and e-commerce.

https://fortune.com/2024/05/16/walmart-wealthy-shoppers-ecommerce-grocery-target-amazon-prime/


JPMorgan’s Jamie Dimon defies Biden: ‘China is not a natural enemy’

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152634505-e1715889650684.jpg?w=2048

Following Biden’s new tariffs, Dimon said the U.S. should view the second-leading economy as “tough competition.”

https://fortune.com/2024/05/16/jpmorgan-dimon-defies-biden-china-tariffs-enemy/


BlackRock sent its team a memo secretly written by ChatGPT—and one major critique emerged

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1137719916-e1715872175419.jpg?w=2048

BlackRock's COO discussed the firm's GenAI and ChatGPT learnings in a recent interview.

https://fortune.com/2024/05/16/blackrock-coo-robert-goldstein-interview-ai-chatgpt/


Could Silicon Valley Bank happen again? ‘The short answer is, yes,’ says professor who sees $2 trillion of losses on the books

https://fortune.com/img-assets/wp-content/uploads/2024/05/53725826854_167e413fcc_o-e1715886749961.jpg?w=2048

Columbia’s Tomasz Piskorski sees a lot of banks in trouble—but also banks becoming less and less important over time.

https://fortune.com/2024/05/16/silicon-valley-bank-aftermath-2-trillion-exposure-underwater/


10 of the highest-paying web developer jobs right now

https://fortune.com/img-assets/wp-content/uploads/2024/04/Recommends_Web-developer-jobs-e1714499407793.jpg?w=2048

For a decade, there are 19,000 web development job openings expected every year.

https://fortune.com/education/careers/web-developer-jobs/


SoFi cofounder explains ‘maturing process’ after his exit, and why he prioritized culture at his latest startup

https://fortune.com/img-assets/wp-content/uploads/2024/05/53724793917_e9aa9b9698_o-e1715885747643.jpg?w=2048

Mike Cagney admitted that there were cultural "deficiencies" at SoFi when he was CEO—and how it was a wake-up call.

https://fortune.com/2024/05/16/sofi-cofounder-mike-cagney-maturing-process-figure-blockchain-finance-corporate-culture/


Dow slams milestone 40,000 after Walmart announced blockbuster profits

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153243126-e1715882550182.jpg?w=2048

The Dow rose 10,000 points in about three and a half years, as the U.S. economy and corporate profits crawled out of the crash caused COVID-19.

https://fortune.com/2024/05/16/dow-slams-milestone-40000-after-walmart-profits/


Dow shoots past 40,000 for the first time on hopes that Fed will follow cooler inflation print with rate cuts

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2153243007-e1715881857128.jpg?w=2048

"All traders wanted the past year was for the Fed to signal that interest-rates have peaked,” one Wall Street pro said.

https://fortune.com/2024/05/16/dow-40000-record/


‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in the economy predicts a thinning of the herd

https://fortune.com/img-assets/wp-content/uploads/2024/05/53725826844_67ce4f8c82_o-e1715877362635.jpg?w=2048

Small-to-mid-size banks will be the first forced out of business, he says. “There are quite a few banks in the United States right now that have very similar risk characteristics [to Silicon Valley Bank]."

https://fortune.com/2024/05/16/silicon-valley-bank-2-billion-exposure-tomasz-piskorski/


'One Chip Challenge' led in part to high school sophomore's death, autopsy found

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24137526597737-e1715878554140.jpg?w=2048

The social media challenge involves eating an extremely spicy tortilla chip and then trying not to eat food or water.

https://fortune.com/2024/05/16/one-chip-challenge-teen-death-chili-social/


The Great Financial Crisis kick started the private credit boom, but SVB was its true 'watershed' moment, Sixth Street co-president says

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1680422604-e1715872718672.jpg?w=2048

Joshua Easterly, co-CIO and co-president of Sixth Street, said he realized after the GFC in 2009 that private credit was the next big thing.

https://fortune.com/2024/05/16/great-financial-crisis-private-credit-boom-silicon-valley-bank-sixth-street/


Some of the most talented, high-ranking workers at Apple, Microsoft, and SpaceX jumped ship after return-to-office mandates, new study reveals

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1171807874-e1715873199150.jpeg?w=2048

Senior people may leave after a RTO more often than entry- or mid-level workers, because they simply have more to gain.

https://fortune.com/2024/05/16/apple-microsoft-spacex-employees-quit-return-office-study/


BlackRock’s ‘boy wonder’ turned COO sees a ‘whole new world’ from generative AI: ‘Most significant … evolution, revolution of my  30-year career’

https://fortune.com/img-assets/wp-content/uploads/2024/05/53724545957_d87b2bd356_o.jpg?w=2048

At the Fortune Future of Finance conference, Robert Goldstein said large language models mean AI is about "words and language" now, not just numbers.

https://fortune.com/2024/05/16/blackrock-coo-robert-goldstein-ai-whole-new-world-30-year-career/


Sony lays down the gauntlet on AI, warning 700 companies against training algorithms on its music

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1910722135-e1715873861493.jpg?w=2048

"Innovation must ensure that songwriters’ and recording artists’ rights, including copyrights, are respected,” the company said.

https://fortune.com/2024/05/16/sony-music-ai-training/


Here are the fastest growing U.S. cities of 2023

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2079438724-e1715869090533.jpg?w=2048

The stars at night… are big and bright…

https://fortune.com/2024/05/16/fastest-growing-cities-2023-census-bureau/


McDonald's is cutting some prices, but only for a limited time

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152381443-e1715869016515.jpg?w=2048

Fast food chain looks to lure diners back, but will limited-time deal prove a short-term bump?

https://fortune.com/2024/05/16/mcdonalds-value-meal-june-limited-time/


Unilever to continue making 'Soviet-style' ice creams in Russia as it spins off the division elsewhere

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1164324743-e1715870002985.jpg?w=2048

The Anglo-Dutch company's Russian ice cream subsidiary, Inmarko, had sales of $680 million last year.

https://fortune.com/europe/2024/05/16/unilever-continue-making-soviet-style-ice-creams-in-russia-inmarko-spin-off-sale/


From Mars to Minecraft, these Java bootcamps will get you hired in under 9 months

https://fortune.com/img-assets/wp-content/uploads/2024/05/EDU_java-bootcamps_girl-drinking-coffee-e1715787987321.jpg?w=2048

These Java bootcamps aim to help you quickly gain coding experience while saving you time and money on a degree.

https://fortune.com/education/articles/java-bootcamps/


London Stock Exchange CEO says listing exodus not a big concern as the U.K. is ‘punching above its weight’—but a 25% drop in listings over 10 years suggests otherwise

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1251913183-e1715856913251.jpg?w=2048

Companies have dropped their London listings just as the pool of applicants looking to float on the LSE dwindles, hitting a six-year low in 2023.

https://fortune.com/europe/2024/05/16/london-stock-exchange-ceo-julia-hoggett-not-concern-uk-drop-listings/


An ultra-popular home loan right now allows a 3.5% down payment

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2112926847-e1715828947997.jpg?w=2048

The only type of mortgage loan that has increased in the past two years are those insured by the FHA.

https://fortune.com/2024/05/16/housing-market-outlook-popular-home-loan-low-down-payment/


Billionaire investor Ray Dalio warns U.S. is ‘on the brink’ and estimates a more than one in three chance of civil war

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1690943303-e1715858775162.jpg?w=2048

The Bridgewater hedge fund founder recommends only investing in the 'best parts' of the United States and moving the rest to more stable and attractive jurisdictions like Malaysia and Vietnam.

https://fortune.com/2024/05/16/united-states-elections-trump-biden-ray-dalio-bridgewater/


Dell hybrid employees who don’t show up to the office enough are getting a literal red flag

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1621305773-1-e1715856773344.jpg?w=2048

Tech giant Dell is tracking workers’ electronic badge swipes and VPN usage to keep tabs on who is heading into the office—as well as who is ducking out early.

https://fortune.com/2024/05/16/dell-hybrid-employees-who-dont-show-up-to-the-office-enough-are-getting-a-literal-red-flag/


Japan may have escaped deflation only to risk stagflation instead, as the country's economy slumps for 3 straight quarters

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152593883-e1715856578707.jpeg?w=2048

Japan's economy shrank by an annualized rate of 2% in the first quarter of 2024, as a weak yen and inflation drag down spending.

https://fortune.com/asia/2024/05/16/japan-escaped-deflation-now-confronts-stagflation-risk-weak-gdp-growth-inflation-interest-rates/


The myth that money supply controls inflation is being revived. Here’s how it failed its most ardent believer–Margaret Thatcher

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-956600200-e1715855480927.jpg?w=2048

The myth of a golden monetarist age is being revived decades after the U.K. prime minister's experiment failed.

https://fortune.com/2024/05/16/monetarism-myth-money-supply-controls-inflation-margaret-thatcher-economy-politics/


Amazon raised warehouse wages to $15 an hour 5 years ago. Today, half of workers surveyed told researchers they struggle to afford food or rent

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1805778998.jpg?w=2048

Amazon has long been criticized for its treatment of employees, especially those who pack and ship boxes in its warehouses.

https://fortune.com/2024/05/16/amazon-warehouse-wages-15-hour-half-workers-surveyed-researchers-struggle-afford-food-rent/


Unmarried millennials are twice as likely as boomers to buy homes solo—and 10 times as likely to buy with a friend

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1199830833-e1715791441651.jpg?w=2048

Young buyers are being forced to come up with "creative solutions" to an expensive housing market.

https://fortune.com/2024/05/16/unmarried-millennials-boomers-buying-homes-solo-with-friend-non-romantic-partners/


Rolex seller shares soar after strong U.S. sales—despite it being an 'underdeveloped market'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2152501433-e1715851774281.jpg?w=2048

Watches of Switzerland Group reported a 14% increase in sales in its fiscal fourth quarter. That helped total sales rise 3% — to $482 million.

https://fortune.com/europe/2024/05/16/rolex-watches-of-switzerland-shares-soar-strong-us-sales/


Florida Gov. DeSantis signs bill banning power-generating wind turbines offshore or near the state’s coastline

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24136740095013-e1715852111757.jpg?w=2048

It takes effect July 1 and would also boost expansion of natural gas, reduce regulation on gas pipelines in the state and increase protections against bans on gas appliances such as stoves.

https://fortune.com/2024/05/16/florida-gov-desantis-bill-ban-power-generating-wind-turbines-offshore-coastline/


Wealthy Nordics are fleeing to Zurich due to high wealth taxes

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1267692130-e1715850019333.jpg?w=2048

As a first step SEB will open a company offering non-financial services to family offices and business families who reside in Switzerland.

https://fortune.com/europe/2024/05/16/wealthy-nordics-fleeing-zurich-high-wealth-taxes-swedens-largest-bank-seb/


Barge slams into Texas bridge causing partial collapse and oil spill

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1254078290-e1715849667445.jpg?w=2048

The accident came weeks after a cargo ship crashed into a support column of the Francis Key Bridge in Baltimore, killing six construction workers.

https://fortune.com/2024/05/16/texas-bridge-martin-petroleum-barge-crash/


‘Big Short’ investor Michael Burry bets big on China e-commerce

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-498562218-e1715846716292.jpg?w=2048

The wagers appear to be paying off, as Chinese policymakers’ efforts to stem a rout and signs of improvement in earnings spur a rebound in the troubled tech market.

https://fortune.com/asia/2024/05/16/big-short-investor-michael-burry-bets-china-ecommerce-jdcom-alibaba-top-holdings/


Who will be HSBC's next CEO? An internal candidate seems likely for Europe's largest bank

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1965851722-e1715789691466.jpg?w=2048

Current CEO Noel Quinn announced his retirement last month.

https://fortune.com/europe/2024/05/16/who-will-be-hsbcs-next-ceo-internal-candidate-likely-london-headquartered-global-bank/


It's time to change your relationship with sugar. Here's how

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1166410339-e1715807156793.jpg?w=2048

“It’s hard to have a positive or neutral relationship with something that’s constantly labeled as bad or addictive."

https://fortune.com/well/article/sugar-healthy-diet/


Jeff Bezos revealed his secret to Amazon's success 25 years ago: 'I asked everyone around here to wake up terrified every morning, their sheets drenched in sweat'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1351813234-e1715812715382.jpg?w=2048

Amazon creator and former CEO's client-forward mentality began decades ago.

https://fortune.com/2024/05/15/jeff-bezos-revealed-secret-drenched-terrified-sweat/


I grew up in Kenya's biggest slum and know from experience: International aid must shift toward community-based organizations

https://fortune.com/img-assets/wp-content/uploads/2024/05/Kennedy-Odede-e1715797953778.jpg?w=2048

Every year, Africa receives billions of dollars of aid. Yet very little of it goes directly to local communities in need.

https://fortune.com/2024/05/15/aid-to-africa-must-shift-toward-community-organizations/


Florida HBCU floored after record $238 million ‘gift’ from 30-year-old hemp mogul turns out to be worthless

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1633426217-e1715804758818.jpg?w=2048

Florida Agricultural and Mechanical University celebrated the largest-ever gift to an HBCU from a certain Gregory Gerami. Then the plot thickened.

https://fortune.com/2024/05/15/florida-hbcu-record-donation-hemp-millionaire-gregory-gerami/


Netflix doubles down on its ‘big bet on live’ events with huge deal to air NFL Christmas Day games

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2151122366-e1715800260772.jpg?w=2048

The three-season pact will see the streaming TV giant host at least one Christmas game in both 2025 and 2026, and two games this coming holiday.

https://fortune.com/2024/05/15/netflix-nfl-christmas-day-games-streaming-live/


Investors are scooping up 1 in 5 homes sold in the housing market and making more money than before

https://fortune.com/img-assets/wp-content/uploads/2024/05/Real-Estate-4-1.jpg?w=2048

In the first quarter, investor purchases rose for the first time in almost two years, according to Redfin.

https://fortune.com/2024/05/15/housing-market-outlook-investors-scooping-up-homes-redfin/


Emirates CEO gives workers a hefty bonus, saying they deserve every penny 'of the 20-week profit share'

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-162643353-e1715794877272.jpg?w=2048

Disembarking off its “best-ever financial performance,” Emirates Group has some wealth to go around.

https://fortune.com/2024/05/15/emirates-ceo-workers-hefty-bonus-profit-share/


Gen AI looks easy. That’s what makes it so hard

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1271693370-e1715701526578.jpg?w=2048

To avoid “death by a thousand use cases,” organizations need a better plan.

https://fortune.com/2024/05/15/gen-ai-leadership-mckinsey-human-capital-talent/


The running market is hot—and it's driving sales of Roger Federer-backed On shoes

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1248945923-e1715786577997.jpg?w=2048

Since its inception in 2010, the Swiss-based On has become a superstar in the crowded sports shoe industry.

https://fortune.com/europe/2024/05/15/running-market-shoes-sales-roger-federer-backed-on-holdings/


TikTok tax advice could result in thousands of audits and frozen refunds

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1290581180-e1715781649692.jpg?w=2048

Inaccurate advice and tax scams could lead to lots of headaches.

https://fortune.com/2024/05/15/tiktok-tax-advice-delayed-refunds-audits-irs/


More people watch YouTube than NBCUniversal or Paramount as the internet keeps crushing traditional TV

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1247748364-e1715781595972.jpg?w=2048

Viewing habits are shifting in ways beyond streaming services.

https://fortune.com/2024/05/15/youtube-vs-network-cable-tv/


Most of us like to eat. For those interested in helping us get there, Fortune picked out the best nutritionist certifications for 2024

https://fortune.com/img-assets/wp-content/uploads/2024/05/Best-nutritionist-certifications-GettyImages-1476901921-e1715711569292.jpg?w=2048

Fortune analyzed over two dozen programs and ranked the top 10.

https://fortune.com/education/articles/best-nutritionist-certifications/


Boost in used car trade-ins could be the salve auto dealers need

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-115741182-e1715781528801.jpg?w=2048

And many people are trading up.

https://fortune.com/2024/05/15/used-car-sales-hitting-record-rates-edmunds/


How Lead Bank’s co-founder transformed a century-old community bank into an innovative fintech company

https://fortune.com/img-assets/wp-content/uploads/2024/05/Leadership-Next-Jackie-Reses.jpg?w=2048

This CEO says that listening is a powerful leadership tool.

https://fortune.com/2024/05/15/how-lead-banks-co-founder-transformed-a-century-old-community-bank-into-an-innovative-fintech-company/


FIFA is quietly unwinding nearly all the reforms it agreed to after last decade’s massive corruption scandal

https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-2150347158-e1715780821514.jpg?w=2048

Gianni Infantino is scheduled Friday for a first news conference with international media since Saudi Arabia was effectively confirmed as host of the men’s 2034 World Cup.

https://fortune.com/europe/2024/05/15/fifa-leadership-corruption-reforms-gianni-infantino/


Ship that collapsed Baltimore bridge had blackouts both 10 hours before leaving port and shortly before fatal collision

https://fortune.com/img-assets/wp-content/uploads/2024/05/AP24133782923525-e1715780310510.jpg?w=2048

The National Transportation Safety Board released a preliminary assessment of just what happened to the Francis Scott Key Bridge.

https://fortune.com/2024/05/15/why-did-baltimore-bridge-collapse-francis-scott-key-shipping/