Newsom pushes for school phone ban as social media concerns surge

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Students and parents have voiced concerns about being cut off during emergencies and school violence.

https://fortune.com/2024/08/13/newsom-pushes-school-phone-ban-as-social-media-concerns-surge/


Dentist charged after police find hidden camera in employee bathroom

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2105332352-e1723578086894.jpg?w=2048

Dr. Jeremy Michael Crow of Washington, Pennsylvania, was charged with 39 counts of misdemeanor criminal invasion of privacy.

https://fortune.com/2024/08/13/dentist-camera-employee-bathroom-jeremy-michael-crow-west-virginia-pennsylvania/


Elizabeth Warren just accused Kroger of price gouging as ‘families struggle to pay to put food on the table’

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Kroger’s electronic shelving labels allow it to price staple foods like airline tickets, the senator charged in a letter to its CEO.

https://fortune.com/2024/08/13/elizabeth-warren-supermarket-kroger-price-gouging-dynamic-pricing-digital-labels/


Biden devotes $150 million to moonshot goal of ending ‘cancer as we know it’

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Biden hopes to cut U.S. cancer fatalities by 50% over the next 25 years, and improve the lives of caregivers and those suffering from cancer.

https://fortune.com/2024/08/13/biden-moonshot-cancer-initiative-150-million-awards-universities/


Home Depot projects weakened sales, spelling shaky economic conditions

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1793415073-e1723575357971.jpg?w=2048

High interest rates and inflation push home improvement projects back

https://fortune.com/2024/08/13/home-depot-projects-weakened-sales-spelling-shaky-economic-conditions/


Landlords are sweetening deals for renters

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1409885814-e1723569903746.jpg?w=2048

The surge in apartment construction is to thank for more favorable terms, according to Zillow.

https://fortune.com/2024/08/13/landlords-sweetening-deals-for-renters/


Gavin Newsom says California schools need to ‘act now’ in banning phone use in the classroom

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24225693708051-e1723571398580.jpg?w=2048

Newsom says he is working on smartphone use in schools with the state Legislature.

https://fortune.com/2024/08/13/gavin-newsom-tells-california-schools-act-now-in-banning-smartphones-in-classroom/


Inside the new Starbucks CEO’s daily routine while he was running Fortune 500 giant Chipotle

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Before Brian Niccol was tapped to lead Starbucks, he revealed his go-to Chipotle order to Fortune.

https://fortune.com/2024/08/13/starbucks-ceo-daily-routine-chipotle-brian-niccol/


Boeing discovered a new set of problems in its 737s, further slowing deliveries

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"We will perform any necessary rework on airplanes in our production system to ensure they meet all requirements prior to delivery,” a Boeing representative said.

https://fortune.com/2024/08/13/boeing-new-problems-737s-further-slowing-deliveries/


I’m a Gen Zer starting a career in homebuilding. Skipping college was the best decision I ever made

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College can bring success. It can also bring student debt and regret.

https://fortune.com/2024/08/13/gen-zer-on-starting-homebuilding-career-while-skipping-college-and-student-debt/


Ford and Mazda beg nearly 500,000 owners to stop driving older cars with deadly air bags

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The warning covers more than 374,000 Ford, Lincoln and Mercury vehicles, as well as nearly 83,000 Mazdas.

https://fortune.com/2024/08/13/ford-mazda-beg-owners-stop-driving-old-cars-with-takata-air-bags/


EU warns Elon Musk over X compliance—he fires back with vulgar ‘Tropic Thunder’ meme

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The EU Commission forced to defend claims a strongly worded letter to Elon Musk was proof Brussels is interfering in U.S. elections.

https://fortune.com/2024/08/13/elon-musk-european-union-commission-thierry-breton/


Starbucks poaches Chipotle CEO Brian Niccol in surprise leadership shake-up

https://fortune.com/img-assets/wp-content/uploads/2024/05/Chiptole-CEO-Thumb-1.jpg?w=2048

Laxman Narasimhan was ousted after just over a year in the CEO role.

https://fortune.com/2024/08/13/starbucks-ceo-brian-niccol-chipotle/


Citi and Wells Fargo join $31 million funding round for loan startup Setpoint

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Setpoint sees a big opportunity in replacing the Excel sheets that companies and their credit facilities use to update the status of thousands of loans.

https://fortune.com/2024/08/13/citi-and-wells-fargo-join-31-million-funding-round-for-loan-startup-setpoint/


‘Survive until 2025’: The U.K. gaming industry fights for the future amid U.S. strikes

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The impact of the U.S. gaming strike is reverberating globally—and the U.K. gaming industry could face harsh repercussions.

https://fortune.com/europe/2024/08/13/survive-until-2025-uk-gaming-industry-future-us-strikes-tech/


How Elon Musk uses X to spread his views around the world

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Back in 2022 when he was trying to buy Twitter, Musk said he was doing so because it wasn't living up to its potential as a “platform for free speech."

https://fortune.com/2024/08/13/elon-musk-x-spread-his-views-around-world/


Gen Z are ‘raw dogging’ flights for TikTok—but experts say it can cause thrombosis

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TikTok’s latest travel trend is encouraging plane passengers to sit silently and stare ahead for hours on end.

https://fortune.com/2024/08/13/raw-dogging-flights-health-risks/


Donald Trump returned to X and shares in his media company hit a 4-month low

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"The value of TMTG’s brand may diminish if the popularity of President Trump were to suffer."

https://fortune.com/2024/08/13/trump-media-shares-elon-musk-x-conversation/


Why Italian winemakers are fighting to banish ‘prosecco’ from your wine collection

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Prosecco is one of the most consumed sparkling wines in the world, but some producers feel the name has become a hindrance.

https://fortune.com/europe/2024/08/13/why-italian-winemakers-are-fighting-to-banish-prosecco-from-your-wine-collection-valdobbiadene/


British billionaire Sir Jim Ratcliffe says he doesn’t wear a watch in London anymore amid Rolex mugging surge

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The Manchester United minority owner has stopped flaunting his watches in London after 6,800 were stolen in the capital last year.

https://fortune.com/europe/2024/08/13/british-billionaire-sir-jim-ratcliffe-says-he-doesnt-wear-a-watch-in-london-anymore-amid-rolex-mugging-surge/


Why New York Times, Washington Post and Politico won’t print leaked emails from inside the Trump camp

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The emails from a person identified as “Robert” include a 271-page campaign document about JD Vance and a partial vetting report on Sen. Marco Rubio.

https://fortune.com/2024/08/13/why-new-york-times-washington-post-politico-wont-print-leaked-trump-emails/


Surprise dip in U.K. unemployment combined with rising GDP signals strengthening economy—unlike the U.S.

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While experts forecast a rise, the U.K. jobless rate actually fell 0.2 percentage points to 4.2% in the three months to June.

https://fortune.com/europe/2024/08/13/surprise-dip-in-u-k-unemployment-combined-with-rising-gdp-signals-strengthening-economy-unlike-u-s/


FBI investigating Trump campaign claim that sensitive documents were hacked by Iran

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The FBI released a brief statement on the Trump matter reading, “We can confirm the FBI is investigating this matter.”

https://fortune.com/2024/08/13/fbi-investigating-trump-campaign-iran-hack/


Why Trump’s and Harris’ proposals to stop taxing tips would be hard to do

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And, in the end, it likely wouldn’t help millions of low-income workers.

https://fortune.com/2024/08/13/trump-harris-proposals-stop-taxing-tips-hard-to-do/


General Motors is cutting staff in China as it eyes a restructuring in the world’s largest auto market

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The American automaker is competing against Chinese EV makers that are prioritizing production over profit as they try to gain more market share.

https://fortune.com/asia/2024/08/13/general-motors-cutting-staff-china-restructuring-world-largest-auto-market/


Frugality and ‘underconsumption’ are the latest Gen Z trends on TikTok

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Exhausted from a rising cost of living and non-stop ads, young adults on TikTok are pushing back.

https://fortune.com/europe/2024/08/13/frugality-and-underconsumption-are-the-latest-gen-z-trends-on-tiktok/


Elon Musk pitches himself to Donald Trump as a leader to audit government spending

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Musk attributed the persistent inflation to runaway government spending and excessive regulation for businesses.

https://fortune.com/2024/08/12/elon-musk-pitches-himself-to-donald-trump-as-a-leader-to-audit-government-spending/


Elon Musk’s said his chat with Trump on X was delayed due to a massive hack

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X has suffered a host of technical issues since Musk took over the company.

https://fortune.com/2024/08/12/elon-musks-said-his-chat-with-trump-on-x-was-delayed-due-to-a-massive-hack/


A Chinese business dispute allegedly sparked a bizarre U.S. plot with former British and Australian military officials

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Prosecutors said a group of four men drove to the victim's house in 2019, demanding $37 million and the rights to the man's business in a sham police raid.

https://fortune.com/2024/08/12/chinese-business-dispute-la-sheriffs-british-and-australian-military-officials-sham-raid/


British energy giant is violating pollution limits in predominantly Black communities

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Drax Global previously paid $2.5 million in fines for violating air emissions limits in Mississippi in 2020 and $3.2 million in pollution-related settlements in Louisiana in 2022.

https://fortune.com/2024/08/12/british-energy-giant-is-violating-pollution-limits-in-predominantly-black-communities/


Uber CEO snubs Elon Musk’s vision of a $30,000 payday for Tesla owners who rent out their cars as self-driving taxis

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Dara Khosrowshahi isn’t confident Tesla owners will want to rent their cars out to a “complete stranger.”

https://fortune.com/2024/08/12/uber-ceo-elon-musk-self-driving-cars/


Carbon credits are literally going up in smoke as wildfires threaten their sustainability

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The Park Fire has destroyed close to 45,000 acres of forests set aside by California’s carbon offset program.

https://fortune.com/2024/08/12/carbon-credits-california-wildfires-park-fire-forest-offset-projects-buffer-pool/


Pregnant women, some bleeding or in labor, are being dismissed from hospitals because doctors are scared to treat them, lawsuit claims

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More than 100 pregnant women in medical distress who sought help from emergency rooms were turned away or negligently treated since 2022, an Associated Press analysis found.

https://fortune.com/well/2024/08/12/pregnant-women-miscarry-ectopic-roe/


Move over, dogs and cats—there’s now a growing demand for mini farm animals

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Americans are showing more interest in owning miniature cows, petite pigs, and scaled-down sheep as pets.

https://fortune.com/2024/08/12/mini-farm-animal-demand-booming-cows-goats-donkeys-horses/


$3 billion energy giant admits violating pollution limits in Louisiana—just like it did in Mississippi

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Drax Global is already under scrutiny for running afoul of environmental laws in multiple states.

https://fortune.com/2024/08/12/drax-global-violating-pollution-limits-louisiana-mississippi-wood-pellet-production/


Texas AG launches investigation into Houston utility company after power outages left some residents dead in their homes

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24225671506637-e1723491104664.jpg?w=2048

Hurricane Beryl knocked out power to nearly 3 million people, and was responsible for at least three dozen deaths.

https://fortune.com/2024/08/12/texas-ken-paxton-launches-centerpoint-energy-houston-investigation-hurricane-beryl-deaths/


Stocks usually take 6 months to recover from the type of selloff that just hit markets, BofA says

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165431786-e1723486597756.jpg?w=2048

Following such pullbacks, 12-month returns on stocks were positive 73% of the time, analysts said.

https://fortune.com/2024/08/12/stock-market-outlook-6-months-recovery-selloff-yen-carry-trade-recession/


Nate Silver charts the course of risk-taking, from Sam Bankman-Fried to Sam Altman

https://fortune.com/img-assets/wp-content/uploads/2024/08/Nate_silver_credit-Nikita-Sokolsky-e1723476914459.jpg?w=2048

For Nate Silver poker, Sam Bankman-Fried, and the future of AI are all connected by one thing—risk-taking.

https://fortune.com/2024/08/12/nate-silver-sam-bankman-fried-sam-altman-openai-ftx-ai/


‘Why do I need AI in my coffee maker?’ AI-labeled products can scare away customers, study finds

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1236822692-e1723487801746.jpg?w=2048

Consumers are still anxious about AI and need to be convinced of its benefits, researchers say.

https://fortune.com/2024/08/12/ai-products-artificial-intelligence-genai-drscaring-away-customers-management-journal-study/


Progressive Instagram accounts saw 65% less reach after Meta curbed political content

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Researchers at Accountable Tech, a social media integrity nonprofit, gathered viewership data for five prominent Instagram accounts.

https://fortune.com/2024/08/12/progressive-instagram-accounts-reach-meta-political-content-mark-zuckerberg/


Meet the Harvard dropout who made an AI necklace he says is like ‘talking to God’

https://fortune.com/img-assets/wp-content/uploads/2024/08/Avi-Interview-Frame_2.jpg?w=2048

Critics have ridiculed the 21-year-old’s new product “Friend,” but Schiffmann remains unfazed.

https://fortune.com/2024/08/12/avi-schiffmann-ai-necklace-friend-interview/


Americans are more worried about paying bills on time but inflation views hit a record low

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The New York Fed survey showed that expectations for what inflation will be in three years dropped to 2.3%, the lowest since the survey began in 2013.

https://fortune.com/2024/08/12/american-inflation-expectations-record-low-delinqunecy-concerns-new-york-fed-consumer-survey/


Ripple’s stablecoin enters beta tasting—but faces a crowded market

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Competing with the duopoly that dominates the stablecoin market won't be easy for Ripple's new coin on the block.

https://fortune.com/crypto/2024/08/12/ripples-stablecoin-enters-beta-tasting-but-faces-a-crowded-market/


The much-touted stock market rotation is fizzling as quickly as it started

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165431757_395d0a-e1723475250607.jpg?w=2048

Traders pulled $2.6 billion from the iShares Russell 2000 ETF (ticker IWM) in the five days through Friday, the most in nearly three years, according to data compiled by Bloomberg.

https://fortune.com/2024/08/12/stock-market-rotation-bust-small-cap-stocks-russell-2000-etf-iwm-economy/


Rent could start falling soon as builders complete the most apartments in 50 years

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2124072761-e1723473640108.jpg?w=2048

Some 60,000 multifamily units were completed nationwide in June, more than any month in the past 50 years, according to Zillow.

https://fortune.com/2024/08/12/rent-price-falling-builders-apartment-multifamily-completion-50-year-high/


The WSJ’s Evan Gershkovich had his employer’s support—but that’s not always the case for employees on an overseas mission

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164890206-e1723470550972.jpg?w=2048

When in Rome, it is not always appropriate to do as the Romans do.

https://fortune.com/2024/08/12/wsj-evan-gershkovich-employers-support-always-employees-overseas-mission-careers-leadership/


JD Vance wants more political influence over the Fed

https://fortune.com/img-assets/wp-content/uploads/2024/08/Copy-of-FeatTemplate-53.jpg?w=2048

Ohioan senator JD Vance, argues monetary policy—which includes interest rates—should "fundamentally be a political decision."

https://fortune.com/2024/08/12/jd-vance-political-federal-reserve-powell/


Here’s the real reason Ozempic-like weight-loss drugs are so popular

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2126120186-e1723465334282.jpg?w=2048

Cohorts who were unresponsive to previous strategies like portion control may be responding to the new GLP 1 drugs.

https://fortune.com/2024/08/12/real-reason-ozempic-weight-loss-drugs-caught-on-health-lifestyle-retail-pharma-food/


1-in-5 Americans have medical debt. Here’s how to get relief from unexpectedly high bills

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24222586638706-e1723464828780.jpg?w=2048

While the process of fighting high medical bills can be time-consuming and frustrating, advocates stress that patients shouldn't be intimidated by the system.

https://fortune.com/well/2024/08/12/1-in-5-americans-medical-debt-how-to-get-relief-high-bills/


Bank of America CEO says stretched consumers are turning into nation of bargain hunters and companies are cutting price to respond

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1935704859-e1723462604942.jpg?w=2048

The era of post-pandemic revenge spending is over, and that could spell the end of greedflation-driven corporate profits.

https://fortune.com/2024/08/12/economy-consumer-spending-inflation-bank-of-america-brian-moynihan-greedflation/


U.S. government plans to make it easier to unsubscribe from unwanted memberships and recurring payment services

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24224556483114-e1723463325544.jpg?w=2048

A broad new government initiative, dubbed “Time Is Money," includes a rollout of new regulations and the promise of more for industries spanning from healthcare to media.

https://fortune.com/2024/08/12/us-plans-easier-unsubscribe-memberships-recurring-payments/


CVS, Walmart and Walgreens-brand Mucinex may contain potent carcinogen benzene

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1840665450.jpg?w=2048

U.S. regulators have allowed drugmakers to use benzene for decades, even though international authorities have said they shouldn’t.

https://fortune.com/well/2024/08/12/cvs-walmart-walgreens-brand-mucinex-may-contain-potent-carcinogen-benzene/


Amsterdam and Copenhagen are experimenting with hiding their cultural landmarks from tourists

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-525660208-e1723460494563.jpg?w=2048

Overtourism may not be the conundrum it's made out to be. Here are three experiments to relieve the pressure on cities.

https://fortune.com/europe/2024/08/12/amsterdam-and-copenhagen-are-experimenting-with-hiding-their-cultural-landmarks-from-tourists/


Typical FTSE 100 CEO pay hits record high of £4.2 million—but U.S. peers still earn 3 times as much

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1247540867-e1723459440109.jpg?w=2048

AstraZeneca’s Pascal Soriot and Rolls Royce’s Tufan Erginbilgic were among the highest-paid FTSE 100 CEOs, but what they make still trails behind the average pay of S&P 500 CEOs.

https://fortune.com/europe/2024/08/12/ftse-100-ceo-median-pay-record-high-s-p-500-high-pay-centre/


Hurricane Debby remnants leave thousands of businesses and homes without power in the Northeast

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24222702773151-e1723458627974.jpg?w=2048

After hitting Florida as a hurricane Aug. 5, the storm spent nearly a week unleashing tornadoes and flooding, damaging homes and taking lives along the East Coast.

https://fortune.com/2024/08/12/hurricane-debby-remnants-thousands-businesses-homes-without-power-northeast/


Americans are refusing to keep paying high prices and that may be killing the U.S. inflation spike

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24222791492029-e1723457867970.jpg?w=2048

Some of America's largest companies, from Amazon to Disney to Yum Brands, say customers are seeking cheaper alternative products, searching for bargains or just avoiding items they deem too expensive.

https://fortune.com/2024/08/12/americans-refusing-paying-high-prices-killing-us-inflation-spike/


Paris Olympic dream struck a chord across France. Now Macron faces a fraught return to reality

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2166228110-e1723454459523.jpg?w=2048

While the Games have lifted what was a morose mood in France, it is far from certain this will give a new impulse to the remaining three years of the unpopular president's mandate.

https://fortune.com/europe/2024/08/12/paris-olympic-dream-struck-a-chord-across-france-now-macron-faces-a-fraught-return-to-reality/


American tourists are flocking to boardwalks and piers to stick to their summer budgets

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1610491988-e1723453477158.jpg?w=2048

While the affluent are spending freely, lower-income vacationers are sticking to carefully planned-out budgets.

https://fortune.com/2024/08/12/american-tourists-stick-to-summer-budgets/


The Ryan Reynolds-Blake Lively household wins at the box office with the top 2 films

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165631003-e1723452430608.jpg?w=2048

Reynolds’ “Deadpool & Wolverine” remained the top movie in North American theaters, while Lively's “It Ends With Us” surpassed expectations with a stellar $50 million debut.

https://fortune.com/2024/08/12/ryan-reynolds-blake-lively-us-box-office-films/


EU privacy group ‘None of Your Business’ files complaints in 8 European countries against Elon Musk’s X for illegal data use

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2158244120-e1723451249585.jpg?w=2048

Calling for a "full investigation", Noyb has filed complaints in Austria, Belgium, France, Greece, Ireland, Italy, the Netherlands and Spain.

https://fortune.com/europe/2024/08/12/eu-privacy-group-none-of-your-business-files-complaints-in-eight-european-countries-against-elon-musks-x-for-illegal-user-data-use-vienna/


‘Mighty’ acne patch founder was an expat in South Korea when she discovered her $630 million cult skincare idea

https://fortune.com/img-assets/wp-content/uploads/2024/08/Ju-Rhyu-Hero-Cosmetics-2.jpg?w=2048

Hero Cosmetics founder Ju Rhyu credits her corporate career at Mondelez, American Express, and Samsung for her business bona fides.

https://fortune.com/2024/08/11/mighty-acne-patch-founder-was-an-expat-in-south-korea-when-she-discovered-her-630-million-cult-skincare-idea/


Oil markets may soon get hit by a global supply glut, weakening crude prices further

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2149652711-e1723418478442.jpg?w=2048

The slowdown bolsters the possibility that an oversupply of crude is looming, a threat that has limited oil prices to a roughly 7% gain this year despite OPEC+ production cuts and rising geopolitical tensions.

https://fortune.com/2024/08/11/oil-price-outlook-global-supply-glut-crude-production-refining/


JD Vance backs $5,000 child tax credit and reiterates support for FTC’s Lina Khan

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165071369-e1723417702475.jpg?w=2048

"I don’t agree with Lina Khan on every issue, to be clear, but I think that she’s been very smart about trying to go after some of these big tech companies that monopolize what we’re allowed to say in our own country."

https://fortune.com/2024/08/11/jd-vance-5000-child-tax-credit-support-ftc-lina-khan-tech-regulation/


An Olympic gold medal is mostly silver and worth about $900

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2166212887-e1723416264790.jpg?w=2048

Prices are also substantially higher this year for silver, which makes up at least 92.5% of the weight of gold medals.

https://fortune.com/2024/08/11/olympic-gold-medal-worth-bullion-silver-prices-900-dollars/


The surgeon general’s mom warned him in middle school to avoid politics. He didn’t listen to her

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24222702242592-e1723415228457.jpg?w=2048

As surgeon general, Vivek Murthy had largely stayed quiet on gun violence, until now.

https://fortune.com/2024/08/11/surgeon-general-vivek-murthy-politics-gun-violence-mental-health/


A quiet revolution is transforming business investment, Wells Fargo says

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1332073691-e1723409868407.jpg?w=2048

"These shifting priorities to software over physical capital have weighed on purchases of equipment and dented overall manufacturing activity in recent years."

https://fortune.com/2024/08/11/capital-spending-quiet-revolution-software-equipment-capex-ai-economy-productivity/


How to increase your odds of becoming a ‘SuperAger’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1587658271-e1723140206510.jpg?w=2048

Lifestyle factors are the most foolproof way to extend your brain span.

https://fortune.com/well/article/how-to-be-a-superager/


Natural gas has never been this upside-down as negative prices get more common in Texas

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2118602037-e1723400128845.jpg?w=2048

Natural gas prices at the Waha Hub in West Texas have been negative a record number of times so far this year.

https://fortune.com/2024/08/11/natural-gas-prices-negative-territory-waha-hub-west-texas-permian-shale-boom/


‘Dr. Doom’ Nouriel Roubini is actually upbeat about the economy

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-465606117-e1723395200256.jpg?w=2048

"If anything, actually, there's some elements of strength in the economy."

https://fortune.com/2024/08/11/dr-doom-nouriel-roubini-upbeat-us-economy-outlook-recession-hard-landing/


Donald Trump thinks he should influence Fed rates—here’s what history and the law say

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165917694-e1723390136266.jpg?w=2048

“It could be used to boost up the legacy of one president, only to destroy the economy in the future,” said Jamie Cox, managing partner at Harris Financial Group.

https://fortune.com/2024/08/11/donald-trump-interest-rates-fed-independence-jerome-powell-richard-nixon/


How to watch the 2024 Olympic Closing Ceremonies live online for free—without cable

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163852028-e1722891892196.jpg?w=2048

Los Angeles takes the stage.

https://fortune.com/2024/08/11/watch-2024-paris-summer-olympics-closing-ceremony-stream-live-online-free-without-cable-what-channel-nbc-peacock/


Biden says he dropped out after hearing re-election fears from Democrats in Congress

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164828134-e1723389270643.jpg?w=2048

Biden told CBS he thought “it would be a real distraction” if he continued to pursue his second-term bid.

https://fortune.com/2024/08/11/joe-biden-presidential-campaign-re-election-fears-democrats-house-senate-congress/


U.S. Navy shipbuilding is the worst in 25 years, widening the fleet’s gap with China

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24198733068122-e1723388270522.jpg?w=2048

“I feel alarmed. I don’t see a fast, easy way to get out of this problem. It’s taken us a long time to get into it.”

https://fortune.com/2024/08/11/us-navy-shipbuilding-worst-25-years-warships-fleet-gap-china/


More colleges are eliminating degree programs—and the cuts are just getting started

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24221793031693-e1723387364345.jpg?w=2048

Federal COVID relief money is now gone, operational costs are rising and fewer high school graduates are going straight to college.

https://fortune.com/2024/08/11/colleges-universities-majors-minors-degree-programs-low-enrollment-budget-cuts/


Kamala Harris pledges to end taxes on tips for service and hospitality workers, echoing Trump

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24223792199209-e1723386312271.jpg?w=2048

Trump responded on his social media site a short time later, posting that Harris “just copied my NO TAXES ON TIPS Policy.”

https://fortune.com/2024/08/11/kamala-harris-no-taxes-tips-service-hospitality-workers-donald-trump/


How intermittent fasting could help boost your work performance

https://fortune.com/img-assets/wp-content/uploads/2023/05/GettyImages-1180182836-e1723235714299.jpg?w=2048

A growing body of research suggests intermittent fasting has numerous health benefits, which may help improve your performance at work.

https://fortune.com/well/article/intermittent-fasting-improve-work-performance/


California’s ultra-rich are building hidden mansions beneath LA

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-172191521-e1723145809987.jpg?w=2048

The wealthy are building down, but don’t call it a basement.

https://fortune.com/2024/08/11/california-los-angeles-ultra-rich-digging-deep-iceberg-homes-mansions/


Growing mangoes in Greece is the latest bizarre climate change experiment as droughts become the norm

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165437697-e1723213097316.jpg?w=2048

Olives, watermelon and lettuce are being replaced by mangoes, avocados and macadamia nuts.

https://fortune.com/europe/2024/08/11/growing-mangoes-in-greece-is-the-latest-bizarre-climate-change-experiment-as-droughts-become-the-norm/


See what Google’s original office looked like when it started in Susan Wojcicki’s garage

https://fortune.com/img-assets/wp-content/uploads/2024/08/Screenshot-2024-08-10-at-1.23.46 PM-e1723322067468.png?w=2048

"As long as you guys pay your rent on time, you guys can build your Googly thing here," Susan Wojcicki recalled telling Larry Page and Sergey Brin in 1998.

https://fortune.com/2024/08/10/google-original-office-1998-susan-wojcicki-garage-larry-page-sergey-brin/


Argentina’s economic shock therapy and fintech boom are wiping out peso notes

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164091335-e1723330369209.jpg?w=2048

All tangible signs suggest the reign of peso banknotes is ending.

https://fortune.com/2024/08/10/argentina-economy-javier-milei-shock-therapy-fintech-boom-peso-cash-bank-notes/


Fed governor says inflation is still too high and downplays unemployment rise

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2152545901-e1723327815242.jpg?w=2048

“I will remain cautious in my approach to considering adjustments to the current stance of policy," Federal Reserve Governor Michelle Bowman said Saturday.

https://fortune.com/2024/08/10/fed-rate-cut-outlook-governor-michelle-bowman-high-inflation-unemployment-rate/


Donald Trump’s campaign says its emails were hacked and points to Iran

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24216803178703-e1723326882423.jpg?w=2048

The claim comes a day after Microsoft issued a report detailing foreign agents’ attempts to interfere in the U.S. campaign in 2024.

https://fortune.com/2024/08/10/donald-trump-campaign-email-hack-iran-microsoft-cybersecurity-warning-jd-vance/


Zum founder Ritu Narayan explains why she wants to disrupt student transport: ‘As a parent, it is frustrating when you don’t know where the bus is’

https://fortune.com/img-assets/wp-content/uploads/2024/08/53906974461_b8c4c05c46_o-e1723019659375.jpg?w=2048

Zum is launching a fleet of electric, AI-powered school buses to more efficiently and effectively get kids to school.

https://fortune.com/asia/2024/08/10/zum-founder-ritu-narayan-wants-disrupt-school-buses-brainstorm-ai-singapore/


Susan Wojcicki offered management lessons from the Titanic and ‘Frozen’ in a 2014 commencement speech

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-646373312-e1723314225376.jpg?w=2048

"It's possible to be very wrong," Wojcicki said at the 2014 commencement ceremony for the UCLA Anderson School of Management.

https://fortune.com/2024/08/10/susan-wojcicki-google-youtube-ceo-management-lessons-titanic-frozen-commencement-speech/


Susan Wojcicki was the most level-headed of her sisters while growing up, mother recalled in earlier talk about how to raise successful kids

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1146573511-e1723307621886.jpg?w=2048

"Susan was the most level-headed," Esther Wojcicki told CNN in May. "She was super easy to take care of, baby and child. It was like she was born being rational."

https://fortune.com/2024/08/10/susan-wojcicki-most-level-headed-growing-up-sisters-anne-janet-mother-estherwhile-growing-up-mother-raising-successful-kids/


Susan Wojcicki on how she built YouTube as the new TV

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-615530286-e1723309279135.jpg?w=2048

Wojcicki spoke at Fortune's 2016 Most Powerful Women Summit about the massive growth of YouTube and her vision for media.

https://fortune.com/2024/08/10/susan-wojcicki-youtube-new-tv-google-alphabet-most-powerful-women/


Susan Wojcicki perfectly predicted the media world we now live in—twice

https://fortune.com/img-assets/wp-content/uploads/2024/02/GettyImages-615932098-e1708278651363.jpg?w=2048

She told us years ago we'd abandon TV for short-form video on our phones. And she was the woman who rented her garage to the founders of Google.

https://fortune.com/2024/08/10/susan-wojcicki-perfectly-predicted-the-media-world-we-now-live-in-twice/


Stock market rotation gets more fuel as non-tech giants see earnings return to growth

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2153349224_210c4a-e1723303993407.jpg?w=2048

Earnings for S&P 500 companies, excluding the Magnificent Seven, are set to grow 7.4% in the second quarter, after five straight quarters of declines.

https://fortune.com/2024/08/10/stock-market-rotation-earnings-growth-sp500-non-tech-giants-magnificent-seven/


Nashville man accused of helping thousands of North Koreans get remote-work jobs in IT

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-698034510-e1723302075166.jpg?w=2048

North Korea uses the money earned by its IT workers to fund its weapons program, authorities alleged.

https://fortune.com/2024/08/10/nashville-man-north-korean-remote-work-jobs-weapons-program-laptop-farm/


Elon Musk’s X sued by former Twitter chairman for $20 million in shares

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2158243763-e1723301296124.jpg?w=2048

The lawsuit is the latest in a series of legal actions taken against Musk by former leaders at Twitter since he took over.

https://fortune.com/2024/08/10/elon-musk-x-lawsuit-former-twitter-chairman-omid-kordestani-20-million-shares/


Former YouTube CEO Susan Wojcicki has died at 56

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-978599500-e1723292448350.jpg?w=2048

Wojcicki, one of the most influential female executives in Silicon Valley, had been living with lung cancer for two years.

https://fortune.com/2024/08/10/susan-wojcicki-former-youtube-ceo-google-dies-cancer/


‘SuperAgers’ have optimal brains well into their 80s. Can you become one?

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1587658271-e1723140206510.jpg?w=2048

Lifestyle factors are the most foolproof way to extend your brain span.

https://fortune.com/well/article/how-to-be-a-superager/


Canada Goose CEO isn’t worried about diluting the brand as it expands—but experts caution there are graveyards of companies that have tried

https://fortune.com/img-assets/wp-content/uploads/2024/08/canada_goose.png?w=2048

When you think of Canda Goose, you probably picture its trademark fur-trimmed parka. But today, the $1.5 billion company’s logo can actually be found on sneakers, T-shirts, socks—and soon homeware.

https://fortune.com/2024/08/10/canada-goose-ceo-dani-reiss-brand-expansion-dilution-risk-homeware/


Instagram ban hits Turkey’s female entrepreneurs hardest

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162137058-e1723210299472.jpg?w=2048

Some companies may shut down if the ban isn’t lifted soon.

https://fortune.com/europe/2024/08/10/instagram-ban-in-turkey-hits-female-entrepreneurs-more-than-ever-meta/


Iranians are creating fake websites and impersonating activists to create chaos in the U.S., Microsoft found

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2153349224-e1723252665431.jpg?w=2048

Microsoft's report revealed its findings that suggest Iran is evolving its tactics for another election that’s likely to have global implications.

https://fortune.com/2024/08/09/iranians-are-creating-fake-news-websites-impersonating-activists-chaos-microsoft/


Customer service chatbots are buggy and disliked by consumers. Can AI make them better?

https://fortune.com/img-assets/wp-content/uploads/2024/08/53892573781_4f4b44b97a_o-e1723243509145.jpg?w=2048

Speakers at Fortune Brainstorm AI Singapore shared how how they're already using AI to make customer service faster and more useful.

https://fortune.com/asia/2024/08/09/ai-chatbots-customers-service-accenture-zurich-lenovo-brainstorm-ai-singapore/


VoePass plane suddenly drops from the sky and crashes in Brazil, killing all 61 on board

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165576250-e1723240636125.jpg?w=2048

The aircraft involved in the crash was an ATR 72 model, a twin-engine turboprop model that typically seats about 70 people. ATR is a joint venture between Airbus SE and Italy’s Leonardo SpA.

https://fortune.com/2024/08/09/voepass-plane-crash-brazil-killing-61-atr-72-turboprop/


Railroad giant threatens to revoke workers’ hard-won schedule improvements

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1464687858-e1723240002797.jpg?w=2048

The $145 billion Union Pacific railroad offered paid sick days for the first time last year and they helped make the attendance system more manageable, but not being able to plan on their days off still takes a toll on engineers.

https://fortune.com/2024/08/09/union-pacific-railroad-threatens-schedules/


Biden reverses policy on weapons sales to Saudi Arabia as Mideast war upends U.S. priorities

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1241918344-e1723238139266.jpg?w=2048

Saudi Arabia is now deemed too important to US goals to end the Israel-Hamas war and in the growing conflict with Iran and its proxies.

https://fortune.com/2024/08/09/joe-biden-weapons-sales-saudi-arabia-israel-hamas-war-precision-guided-munitions/


Rio Tinto is moving to open a mine critical for the EV transition—but locals insist they’ll die first

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1237741842-e1723237856372.jpg?w=2048

At stake is a lush farming valley that holds one of Europe's richest deposits of lithium, a metal crucial for the global transition to green energy.

https://fortune.com/2024/08/09/lithium-mine-rio-tinto-serbia-protest/


Millionaire Gen Z influencer Alix Earle under fire after alleged posts with racial slurs surface

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1986109709-e1723234366424.jpg?w=2048

Alix Earle has not yet addressed the accusations.

https://fortune.com/2024/08/09/alix-earle-askfm-racist-posts-allegations/


Big Tech’s abuse of the patent system must end—take it from me, I’ve fought Google over IP for years

https://fortune.com/img-assets/wp-content/uploads/2024/08/1R_LinkedIn.jpg?w=2048

The bipartisan PREVAIL Act and RESTORE Patent Rights Act would make critical reforms to curb the abuse of the U.S. patent system by Big Tech.

https://fortune.com/2024/08/09/big-tech-patent-system-netlist-google-prevail-act-uspto-ptab-aia-innovation/


Airbnb just listed a life-sized Polly Pocket house–and it doesn’t have a roof, a shower, or blankets

https://fortune.com/img-assets/wp-content/uploads/2024/08/21-Polly-Pocket-Icons-Airbnb-Credit-Juan-Navarro-Above-Summit--e1723233132203.jpg?w=2048

While the two-story, 42-foot-tall structure is complete with a retro fridge, it’s missing a key amenity for “slumber party fun”: a bed.

https://fortune.com/2024/08/09/airbnb-life-sized-polly-pocket-house-slumber-party-fun-rental-mattel/


Here’s what it takes to become a track and field Olympian: speed, strength, ‘fearlessness’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165417823-e1723227604486.jpg?w=2048

Fearlessness, speed, and strength are all crucial attributes, coaches explain.

https://fortune.com/well/article/track-and-field-olympian-training/


Stellantis to cut up to 2,450 jobs at Detroit-area plant where Ram ‘Classic’ production will end

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1233980445-e1723227929851.jpg?w=2048

The automaker said Friday the cuts accompany its decision to end output later this year of its Ram 1500 Classic truck model at the plant.

https://fortune.com/2024/08/09/stellantis-layoffs-2450-jobs-detroit-plant-ram-1500-classic-pickup-truck-production/


Sen. Elizabeth Warren asks Tesla’s board to probe Elon Musk’s potential conflicts of interest

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162679051_c35d33-e1723225396450.jpg?w=2048

Musk acknowledged in June he sent graphics processing units from Tesla to X and artificial intelligence venture xAI Corp., saying they would have otherwise sat in a warehouse.

https://fortune.com/2024/08/09/tesla-elon-musk-conflicts-of-interest-elizabeth-warren-investigation-x-xai-spacex/


Larry Summers warns against presidential influence over Fed policy—a fool’s game that will lead to higher inflation and a weaker economy

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2147888976-e1723223055120.jpg?w=2048

Summers spoke a day after Republican presidential nominee Donald Trump said he felt strongly that the president should have some “say” in Federal Reserve policy setting.

https://fortune.com/2024/08/09/larry-summers-trump-fed-inflation-economy-rates-politics/


Gavin Newsom clears L.A. homeless encampment as he tells cities to do more or risk losing funds

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165417504-e1723220933166.jpg?w=2048

“I want to see results,” Newsom told reporters at a news conference. “I don’t want to read about them. I don’t want to see the data. I want to see it.”

https://fortune.com/2024/08/09/gavin-newsom-los-angeles-homeless-encampment-california-housing-crisis-city-funding/


Crypto scammers pull in $155 million on latest Trump-coin rumors

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164586923-e1723217375901.jpg?w=2048

A token called Restore the Republic has witnessed a dramatic rise-and-fall, amid confusion over its origin.

https://fortune.com/crypto/2024/08/09/crypto-scammers-pull-in-155-million-on-latest-trump-coin-rumors/


Markets keep humbling analysts by proving them wrong, says Goldman Sachs’ chief economist

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-892413198-e1723213665899.jpg?w=2048

"It’s been a humbling five years for economic forecasters, with three big errors in consensus forecasts."

https://fortune.com/2024/08/09/markets-humbling-forecasters-jan-hatzius-goldman-sachs/


Elderly Americans are losing millions to real estate scams

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-157503654-e1723217036459.jpg?w=2048

U.S. adults over age 60 lost over $1.6 billion to all types of scams last year, according to the FTC.

https://fortune.com/2024/08/09/elderly-americans-losing-millions-to-real-estate-scams-personal-finance/


Extreme weather nearly killed my business, and climate change means more of it. What I wish I’d known

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-157770251-e1723214820236.jpg?w=2048

Mityne Lewis lost business and tax documents—and much else—to flooding after record-breaking rainfall.

https://fortune.com/2024/08/09/extreme-weather-nearly-killed-my-business-climate-change-insurance-flooding-preparation/


The Great Wealth Transfer is set to be a $90 trillion disappointment—especially for millennials

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2075305557-e1723214517717.jpg?w=2048

Younger generations expectations for an inheritance aren't matching up with what older generations plan on giving.

https://fortune.com/2024/08/09/great-wealth-transfer-millennials-genz-disappointment/


JPMorgan CEO Jamie Dimon’s salary should be cut instead of hiking fees on 80 million customers, Elizabeth Warren says

https://fortune.com/img-assets/wp-content/uploads/2024/08/Elizabeth-Warren-JPMorgan-GettyImages-2058796345.jpg?w=2048

"Will JPMorgan Chase reduce executive pay instead of imposing new fees on its customers?"

https://fortune.com/2024/08/09/jpmorgan-chase-dimon-warren-checking-accounts/


Trump’s demand for influence over the Fed conjures comparisons to Nixon

https://fortune.com/img-assets/wp-content/uploads/2024/08/Trump-e1723204663301.jpg?w=2048

Nixon's Fed chair Arthur Burns is viewed by many as the worst in the institution's history for failing to stand up to the White House.

https://fortune.com/2024/08/09/donald-trump-federal-reserve-independence-interest-rate-policy-inflation/


China’s domestic auto sales tumbled in July but exports jumped 20% as EV makers turned focus abroad

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165142827-e1723205049152.jpg?w=2048

More than half of all vehicles sold were so-called “new energy vehicles,” or electrics and plug-in hybrids.

https://fortune.com/asia/2024/08/09/china-domestic-auto-sales-tumbled-july-exports-jumped-20-ev-makers/


Coca-Cola is going reverse Yankee by selling €1 billion of Euro debt to cover a potential tax charge

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-120411531-e1723201381437.jpg?w=2048

The beverage company has been in a long-drawn dispute with tax authorities in the U.S. over a $16 billion charge that it could possibly owe.

https://fortune.com/europe/2024/08/09/coca-cola-reverse-yankee-selling-1-billion-euro-debt-potential-irs-tax-charge/


Fed president throws doubt onto September rate cut Wall Street is desperate for

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1622784701-e1723197939880.jpg?w=2048

"We should be looking for the worst in the data rather than the best."

https://fortune.com/2024/08/09/fed-president-jeffrey-schmid-kansas-city-cut-inflation/


Apple changes up App Store rules in Europe once again as EU threat of non-compliance grows

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2156402211-e1723196948453.jpg?w=2048

The commission said it "will assess Apple's eventual changes to the compliance measures, also taking into account any feedback from the market, notably developers".

https://fortune.com/europe/2024/08/09/apple-changes-up-app-store-rules-in-europe-once-again-as-eu-threat-of-non-compliance-grows-tim-cook/


German giant Siemens beat profit estimates on the back of AI boom and demand for electrification

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2158591616-e1723195232177.jpg?w=2048

Siemens had long been a producer of heavy industrial equipment but has in recent years sought to shift its focus towards digital technology and factory automation.

https://fortune.com/europe/2024/08/09/german-giant-siemens-beat-profit-estimates-driven-by-ai-boom-demand-for-electrification-roland-busch/


Microsoft says Iranian hackers targeted U.S. presidential campaigns and spread AI content insulting Donald Trump

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1090433874-e1723194953163.jpg?w=2048

Attackers connected to the Islamic Revolutionary Guard Corps used a compromised email address from a former political adviser to try phishing another high-ranking campaign official, according to Microsoft’s Threat Analysis Center.

https://fortune.com/2024/08/09/microsoft-iranian-hackers-targeted-presidential-campaigns-ai-content-insulting-trump/


Venezuelan strongman Nicolas Maduro blocks access to X as he accuses Elon Musk of ‘inciting hate and fascism’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165038835-e1723194195983.jpg?w=2048

Venezuelan President Nicolas Maduro suspended access to X as he faced renewed pressure from a trio of friendly Latin American nations to release data proving his claimed reelection was valid.

https://fortune.com/2024/08/09/venezuela-nicolas-maduro-blocks-x-accuses-elon-musk-inciting-hate-fascism/


Ukraine recruits robot dogs to replace soldiers on its front line with Russia

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165304734-e1723193234199.jpg?w=2048

Useful for detecting mines or improvised explosive devices, the robot dog can also be used to carry up to seven kilos of ammunition or medicines to hot spots on the battlefield.

https://fortune.com/europe/2024/08/09/ukraine-recruits-robot-dogs-to-replace-soldiers-on-its-front-line-with-russia/


China’s sluggish job market pushes tech and finance workers to move to Hong Kong to sell insurance

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165414929-e1723191574863.jpg?w=2048

Hong Kong insurance policies—denominated in either U.S. or Hong Kong dollars—allow Chinese tourists to hedge against the weak yuan.

https://fortune.com/asia/2024/08/09/china-slow-job-market-tech-finance-workers-move-to-hong-kong-sell-insurance/


Japan issues its first ‘megaquake’ warning after powerful earthquake off southern coast

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-963511180-e1723190568602.jpg?w=2048

Bullet trains were running at reduced speeds, national broadcaster NHK is running cautionary graphics and some semiconductor-related factories temporarily halted production.

https://fortune.com/asia/2024/08/09/japan-issues-first-megaquake-warning-powerful-earthquake-southern-coast/


Colin Huang, the founder behind Pinduoduo and  Temu, overtakes bottled water tycoon Zhong Shanshan as China’s richest person

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1295745939-e1723182848547.jpg?w=2048

Huang founded Pinduoduo, now called PDD Holdings, in 2015. He's now worth $48.6 billion.

https://fortune.com/asia/2024/08/09/colin-huang-pdd-founder-pinduoduo-temu-china-richest-person-overtakes-zhong-shanshan/


The beloved Ford Capri is back—or is it? Why every new electric car is an SUV, and why it shouldn’t be

https://fortune.com/img-assets/wp-content/uploads/2024/08/2024Ford_ElectricCapri_Cantona_03-e1723112924964.jpg?w=2048

Most EV launches are still premium SUVs, but that’s a problem if electric cars are to become the market majority.

https://fortune.com/europe/2024/08/09/the-beloved-ford-capri-is-back-why-every-new-electric-car-is-an-suv-why-it-shouldnt-be-eric-cantona/


Fed official says no rate cuts yet, inflation still above target

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1622784362-e1723162187878.jpg?w=2048

“We are close, but we are still not quite there,” said Federal Reserve Bank of Kansas City President Jeffrey Schmid.

https://fortune.com/2024/08/08/fed-official-says-no-rate-cuts-yet-inflation-above-target/


30-year mortgage rates drop to 6.47 percent—lowest in a year

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1425019438-e1723160361995.jpg?w=2048

“The decline in mortgage rates does increase prospective homebuyers’ purchasing power and should begin to pique their interest in making a move,” said Sam Khater, Freddie Mac’s chief economist.

https://fortune.com/2024/08/08/housing-market-update-30-year-fixed-mortgage-rates-fed-rents-homeowner-seller/


Boeing’s new CEO spent his first day walking a factory floor

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-609573622_448226-e1723158938663.jpg?w=2048

Robert “Kelly” Ortberg is planting a symbolic flag in the ground back in the Pacific Northwest.

https://fortune.com/2024/08/08/boeing-max-safety-new-ceo-first-day-factory-floor/


Trump and Harris to face off in high-stakes debate

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24216604258749_2617c7-e1723156448349.jpg?w=2048

Trump also said he wants his vice presidential candidate, JD Vance, to debate Harris' choice for veep, Minnesota Gov. Tim Walz, on CBS.

https://fortune.com/2024/08/08/trump-harris-debate-president-campaign-walz-vance/


Trump calls for presidential influence over interest rates, Fed policy

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164685602-e1723155143793.jpg?w=2048

Republican nominee Donald Trump is challenging the independence of the central bank.

https://fortune.com/2024/08/08/trump-inflation-fed-interest-rates-presidential-influence-policy/


The ‘ad cartel’ Elon Musk accused of collusion is shutting down rather than fight X’s lawsuit

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2158244111.jpg?w=2048

The initiative run through the World Federation of Advertisers has just two full-time staff members.

https://fortune.com/2024/08/08/garm-ad-group-shutting-down-elon-musk-x-lawsuit/


SpaceX may have to rescue stranded NASA astronauts after Boeing blunder

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155551333-e1723151791724.jpg?w=2048

Barry Wilmore and Sunita Williams may have to wait until 2025 to come back to Earth.

https://fortune.com/2024/08/08/stranded-nasa-astronauts-spacex-boeing/


Should Olympic athletes like Noah Lyles be competing with COVID?

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165280080-e1723147703996.jpg?w=2048

Olympic sprinter Noah Lyles confirms COVID diagnosis after winning bronze.

https://fortune.com/well/article/noah-lyles-covid-paris-olympics/


Cathie Wood buys falling tech stocks, anticipating a market rebound

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2079426447-e1723145126797.jpg?w=2048

Investors like Wood see slipping stocks as a bargain, while others prepare for a bear market.

https://fortune.com/2024/08/08/cathie-wood-tech-stocks-amazon-meta-tesla-market-investing-finance/


Inside Alpha Kappa Alpha, the historic sorority Kamala Harris says changed her life

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1089205194-e1723143802564.jpg?w=2048

The 116-year-old Black sorority has more than 360,000 members and focuses on leadership, scholarship, service, and excellence.

https://fortune.com/2024/08/08/alpha-kappa-alpha-sorority-kamala-harris-membership-colors-history/


Steve Job’s visionary superyacht collided with a Mexican billionaire’s boat

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1516427800-e1723143657256.jpg?w=2048

The ship cost about $130 million and was one of Steve Jobs’s final passion projects.

https://fortune.com/2024/08/08/steve-jobs-laurene-powell-jobs-superyacht-collision-ricardo-salinas-pliego/


Olympic swimmers are staving off E. coli by chugging Coca-Cola

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163987491-e1723140763792.jpg?w=2048

“We will often have a Coca-Cola afterwards just to try to flush out anything inside of us,” an Australian marathon swimmer said.

https://fortune.com/2024/08/08/olympic-swimmers-coca-cola-ecoli-seine-river-paris/


Ripple hails major win against the SEC—but looming appeal means celebration may be premature

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1677495590-e1723128765901.jpg?w=2048

A federal judge fined the crypto firm nearly $2 billion less than the SEC asked for, but the key case is just getting started.

https://fortune.com/crypto/2024/08/08/ripple-sec-crypto-xrp-appeal-court-decision-win/


Stocks surge after surprise drop in unemployment claims

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24220639919057-e1723137265282.jpg?w=2048

“Today’s jobless claims data may ease some of the concerns raised by last week’s soft jobs report,” said Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley.

https://fortune.com/2024/08/08/stock-market-surges-surprise-drop-in-unemployment-claims/


XRP soars as judge rejects SEC call for $2 billion fine on Ripple

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1661319090-e1723131107467.jpg?w=2048

The token has climbed 23% after a federal judge dealt its issuer, Ripple Labs Inc., a softer blow than investors had feared.

https://fortune.com/crypto/2024/08/08/xrp-soars-as-judge-rejects-sec-call-for-2-billion-fine-on-ripple/


Elon Musk got duped by misinformation on his own platform, retweeting then deleting a fake headline about the British PM

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2158236395-e1723132873530.jpg?w=2048

A fake Telegraph headline claimed Keir Starmer was considering “emergency detainment camps” on the Falkland Islands to hold prisoners from the ongoing riots in the UK.

https://fortune.com/2024/08/08/elon-musk-duped-x-fake-news-headline-uk-prime-minister-riots/


How to watch the first full slate of games of the 2024-2025 NFL preseason live online for free—and without cable

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1687014257-e1723126349720.jpg?w=2048

Every team takes the field.

https://fortune.com/2024/08/08/watch-stream-nfl-football-games-live-online-free-without-cable-2024-preseason-game-what-channel-fox-cbs-abc-nbc-espn/


The Fed’s Powell said his 2% inflation target was non-negotiable. Jamie Dimon is skeptical it’s even possible

https://fortune.com/img-assets/wp-content/uploads/2024/08/Copy-of-FeatTemplate-52.jpg?w=2048

"Does inflation really get back to 2%?" the Wall Street veteran asked.

https://fortune.com/2024/08/08/jerome-powell-inflation-target-jamie-dimon/


White Castle is the latest fast-food chain to cut prices, rolling back to a point not seen since 2011

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1161471863-e1723126230776.jpg?w=2048

Sliders, anyone?

https://fortune.com/2024/08/08/white-castle-price-drop-fast-food/


Roblox banned from Turkey for ‘causing abuse of children’ following an Instagram blackout. A TikTok ban may be next

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1440126807-e1723123740741.jpg?w=2048

Turkish President Recep Tayyip Erdogan has accused online platforms of "fascism" and failing to remove posts the authorities deem offensive.

https://fortune.com/europe/2024/08/08/roblox-banned-from-turkey-for-causing-abuse-of-children-following-an-instagram-blackout-tiktok-ban-may-be-next-fascism-x/


Tim Walz’s net worth is less than the average American’s

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164176277-e1722949666302.jpg?w=2048

Walz's meager finances match his background as a small-town coach from America's heartland.

https://fortune.com/2024/08/08/tim-walz-net-worth/


3-in-4 Americans say democracy is on the ballot in November

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24221026054655-e1723119149555.jpg?w=2048

The survey from The Associated Press-NORC Center for Public Affairs Research finds that most Democrats, Republicans and independents see the election as “very important” or “extremely important” to democracy.

https://fortune.com/2024/08/08/3-in-4-americans-say-democracy-on-ballot-november-dont-agree-threat/


Bad news for high-performing women: You’re more likely to receive unhelpful feedback

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1407260325-1-e1723115074950.jpg?w=2048

Analysis of more than 23,000 performance reviews shows that women at the top of their game are still put down as abrasive and opinionated—and it doesn't matter if their manager is male or female.

https://fortune.com/2024/08/08/high-performing-women-unhelpful-feedback-opinionated-abrasive/


July was the first month in over a year that didn’t set a heat record

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24192336608415-e1723114650628.jpg?w=2048

It is the second-warmest July and second-warmest of any month recorded in the agency's records, behind only July 2023.

https://fortune.com/2024/08/08/july-first-month-year-not-set-heat-record-el-nino-climate-change/


Hyundai debuts a new EV facility in Thailand, as the ‘Detroit of Asia’ pivots to making electric cars

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2115810962-e1723112161103.jpg?w=2048

The Korean carmaker is pushing into Thailand right as Chinese EVs are starting to pull ahead of Japanese brands.

https://fortune.com/asia/2024/08/08/hyundai-debuts-new-ev-facility-thailand-detroit-of-asia-pivots-electric-cars/


75% of carry trade blamed in recent stock meltdown has been unwound, JPMorgan says

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165352931-e1723113132528.jpg?w=2048

The carry strategy — which involves borrowing at low rates to fund purchases in higher-yielding assets elsewhere —  has been wobbling for months.

https://fortune.com/2024/08/08/75-carry-trade-blamed-recent-stock-meltdown-unwound-jpmorgan/


This museum in Madrid lets the blind touch and experience the wonders of the world

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165137212-e1723110212744.jpg?w=2048

The Madrid Typhlological Museum -- from the Greek "tuphlos" meaning blind -- houses 37 reproductions of global monuments that are listed as world heritage sites.

https://fortune.com/europe/2024/08/08/museum-lets-the-blind-touch-and-experience-the-wonders-of-the-world-madrid-typhlological-museum/


Paul Polman: It’s time to stand with Bangladesh—and my friend Muhammad Yunus

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165828608-e1723109040267.jpg?w=2048

'Yunus, who I am lucky to call a friend, has been credited with lifting millions out of poverty and driving grassroots-led development,' writes Polman.

https://fortune.com/2024/08/08/paul-polman-time-stand-with-bangladesh-my-friend-muhammad-yunus-international-leadership-politics/


Volocopter’s Olympic plans for ‘flying taxis’ in Paris fail to take off

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1920125865-e1723108309242.jpg?w=2048

German manufacturer Volocopter has been conducting test flights in the Paris region for several years.

https://fortune.com/europe/2024/08/08/paris-scraps-plans-for-flying-taxis-during-olympics-volocopter-volocity-dirk-hoke/


Qantas claws back $6m from ex-CEO who led during ‘ghost flight’ scandal

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1619654496-e1723107031975.jpg?w=2048

The airline’s problems included accusations from the regulator that Qantas sold tickets on flights it had already scrubbed from schedules and a court ruling that Qantas illegally fired about 1,700 ground staff.

https://fortune.com/asia/2024/08/08/qantas-claws-back-6m-ex-ceo-alan-joyce-ghost-flight-scandal/


Taylor Swift cancels Vienna concerts after terror attack threat—affecting over 170,000 attendees

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2161375048-e1723104855516.jpg?w=2048

The Vienna leg of Taylor Swift's show has been cancelled after Austria arrested an Islamic State sympathiser in connection with an attack plot.

https://fortune.com/europe/2024/08/08/taylor-swift-cancels-concerts-vienna-after-terror-attack-threat-affecting-over-170000-attendees-terror-eras-tour/


How Nerio Alessandri started Technogym in his parent’s garage and turned it into a billion-dollar company supporting the Paris Olympics

https://fortune.com/img-assets/wp-content/uploads/2024/08/Nerio-Alessandri-Technogym-CEO-Agenda.jpg?w=2048

Fortune speaks with Nerio Alessandri, founder and CEO of Technogym to learn more about his productivity tools, daily routine and his company's partnership with the Paris Olympics.

https://fortune.com/europe/2024/08/08/how-nerio-alessandri-started-technogym-in-his-parents-garage-and-turned-it-into-a-billion-dollar-company-supporting-the-paris-olympics-whatsapp-italy-sport/


Steve Mnuchin calls for a culling of the 20-year Treasury bond he reintroduced

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1257483609-e1723075713908.jpg?w=2048

“I would not keep issuing them,” Mnuchin, who served as Treasury Secretary under then-President Donald Trump. “It’s just costly to the taxpayer.”

https://fortune.com/2024/08/07/steve-mnuchin-bond-treasury-cost-taxpayers/


Gen Z and millennials continue to dump dating apps

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-876948942-e1723072900513.jpg?w=2048

Increasing the number of paying users has been key to Bumble’s growth strategy, but progress has slowed since late 2021.

https://fortune.com/2024/08/07/gen-z-millennials-dating-apps-bumble-tinder-hinge-match/


A Citi exec hounded a broker for 4 years with messages like ‘nice feet’—but when the broker complained, she was the one forced to apologize

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1927577801.jpg?w=2048

Christine O’Reilly’s supervisor at ICAP ignored her complaints to protect a client who was bringing in millions, suit claims.

https://fortune.com/2024/08/07/citigroup-lawsuit-sexual-harassment-icap-christine-oreilly-toxic-culture/


JD Vance jabs Kamala Harris over media interviews

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24220654084648.jpg?w=2048

“I just wanted to check out my future plane,” Vance joked with reporters after walking off former President Donald Trump's campaign plane.

https://fortune.com/2024/08/07/jd-vance-jabs-kamala-harris-over-media-interviews/


French explorer’s family sues for $50 million over implosion death

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-169800593-e1723065118532.jpg?w=2048

“Common sense dictates that the crew were well aware they were going to die, before dying," the lawsuit alleges.

https://fortune.com/2024/08/07/titanic-implosion-french-explorer-death-terror/


JPMorgan’s Jamie Dimon confirms his hit-by-a-bus CEO pick for the bank

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2152634505-e1723063264781.jpg?w=2048

“Eventually, I have to leave—I know that,” said Dimon.

https://fortune.com/2024/08/07/jpmorgan-jamie-dimon-retire-ceo-pinto-succession-stock/


Intel, now struggling against AI competitors, turned down an opportunity to own 15% of OpenAI

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155352901-e1723063000685.jpg?w=2048

OpenAI is now worth about the same as the semiconductor company.

https://fortune.com/2024/08/07/intel-ai-openai-chips-investment/


Nissan is experimenting with futuristic new paint that can cool down your car by over 20º F

https://fortune.com/img-assets/wp-content/uploads/2024/08/240710_Nissan_cool_paint37-e1723053124373.jpg?w=2048

Auto manufacturers are trialing cooling white paint to increase the efficiency of cars amid climate concerns.

https://fortune.com/2024/08/07/nissan-cool-white-paint-ev-climate-change-heat-reflect/


The dreaded COVID summer surge has arrived. Here’s the latest on symptoms and treatment

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1504335305-e1722958530448.jpg?w=2048

New COVID-19 cases are popping up globally, as at least 40 Olympic athletes in Paris have tested positive for COVID-19 or other respiratory illnesses.

https://fortune.com/well/article/covid-summer-surge-2024-symptoms-treatment-isolation-guidelines/


Memecoins are the hottest sector in crypto—but 97% of them are already dead

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1318956098-e1723051585755.jpg?w=2048

A new report offers a sobering reminder of the perils of investing and trading in the currency of internet humor.

https://fortune.com/crypto/2024/08/07/memecoins-are-the-hottest-sector-in-crypto-but-97-of-them-are-already-dead/


Yes, social workers can earn six-figures. Here are the top-paying companies right now

https://fortune.com/img-assets/wp-content/uploads/2024/07/Recommends_social-worker-jobs_GettyImages-1168467212-e1720185853313.jpg?w=2048

Social work isn’t traditionally associated with high-paying careers, but rising demand has led to some relatively high-paying social worker jobs.

https://fortune.com/education/articles/social-worker-jobs/


Exclusive: Crypto vet Meltem Demirors raising $75 million for two venture funds under Crucible Capital

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1140612479-e1723043667939.jpg?w=2048

Demirors has carved out a prominent voice in the digital assets sector through her angel investing and vocal Twitter presence.

https://fortune.com/crypto/2024/08/07/meltem-demirors-venture-capital-crucible-crypto/


Costco members will soon have to scan membership cards upon entrance

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2161665933-e1723039658967.jpg?w=2048

So much for sneaking in.

https://fortune.com/2024/08/07/costco-member-card-scanning-membership-crackdown/


Elon Musk is stoking race riots in the UK, says ex-Twitter Europe chief

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162683763-e1723028417908.jpg?w=2048

Musk is making a difficult situation in the UK worse by siding with violent mobs claiming authorities are policing England's white communites differently from immigrants.

https://fortune.com/2024/08/07/elon-musk-uk-race-riots-far-right-southport/


Wegovy is finally more widely available—and it’s bad news for Novo Nordisk’s profits

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155502179-e1723043190456.jpg?w=2048

Wegovy is increasingly available through Medicaid and insurance programs, some of which push the drugmaker to offer discounts.

https://fortune.com/2024/08/07/wegovy-novo-nordisk-sales-profits/


Disney has finally turned a profit on streaming—just as its parks business slumps

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2158100781-e1723041630158.jpg?w=2048

Sports are a winner, but inflation means less spending in Disney's parks.

https://fortune.com/2024/08/07/disney-streaming-profit-inflation-theme-park/


4 potential scenarios—and 1 map—showing how the world will trade goods for the next decade, according to BCG

https://fortune.com/img-assets/wp-content/uploads/2024/08/trade_change_080624.png?w=2048

A return to global cooperation and peace or a worldwide escalation? Here's what to expect from geopolitics and trade by 2032.

https://fortune.com/2024/08/07/geopolitics-4-potential-scenarios-map-world-trade-goods-next-decade-bcg-politics/


NASA is delaying its next crew launch to buy more time to fix Boeing’s troubled Space Station capsule

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24200656439735-e1723032536413.jpg?w=2048

Officials said it will give them more time to analyze thruster and leak problems that hit Boeing’s Starliner capsule after its June liftoff, its first with a crew on board.

https://fortune.com/2024/08/07/nasa-delaying-crew-launch-fix-boeing-troubled-space-station-capsule/


Airline offers women the choice of not sitting next to men when they book seats

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1091697238-e1723026730212.jpg?w=2048

India's biggest domestic airline IndiGo has had a great reaction to its policy says CEO Pieter Elbers.

https://fortune.com/2024/08/07/india-airline-indigo-women-booking-system-flights-comfort/


Cathay Pacific is buying up to 60 Airbus jets in $11 billion deal as travel approaches pre-COVID numbers

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165152336-e1723025863617.jpg?w=2048

Cathay announced that its passenger count had reached 80 percent of its pre-pandemic levels and it hoped to hit 100 percent in early 2025.

https://fortune.com/asia/2024/08/07/cathay-pacific-buying-60-airbus-jets-11-billion-travel-pre-covid-numbers/


After AI, quantum computing will have its ‘Sputnik’ moment says U.K.’s Riverlane founder, after securing $75 million

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165011667-e1723022557323.jpg?w=2048

Riverlane produces the world's first dedicated quantum decoder chip, which detects and corrects the errors currently holding the technology back.

https://fortune.com/europe/2024/08/07/u-k-s-riverlane-secures-75-million-to-accelerate-quantum-computer-errors-ai-cambridge-google-microsoft-ibm/


Can Southeast Asian countries work together to regulate AI? ‘We love each other and yet…we’re always looking over our shoulder’

https://fortune.com/img-assets/wp-content/uploads/2024/08/53891210990_a813cc1b08_o-e1723017534829.jpg?w=2048

"Bigger markets in the region [are] leaning towards protecting their own domestic market," said Gullnaz Baig, executive director of the Angsana Council.

https://fortune.com/asia/2024/08/07/southeast-asia-countries-work-together-regulate-ai-gullnaz-baig-angsana/


7-in-10 Americans say extreme heat has driven up their electricity bills in the last year

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24220055890318-e1723022896562.jpg?w=2048

As tens of millions of Americans swelter through another summer of historic heat waves, an AP-NORC survey reveal how extreme heat is changing people's lives in big and small ways.

https://fortune.com/2024/08/07/7-in-10-americans-extreme-heat-electricity-bills/


A Nobel laureate and microfinance pioneer steps in to lead Bangladesh out of a deadly protest crisis

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1708443293-e1723020470720.jpg?w=2048

Grameen Bank founder Muhammad Yunus will lead an interim government in Bangladesh after protests ousted Prime Minister Sheikh Hasina.

https://fortune.com/asia/2024/08/07/nobel-laureate-microfinance-pioneer-muhaamad-yunus-interim-leader-bangladesh-protest-crisis/


New York City is using drones to warn residents to flee their basement apartments when floods threaten

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1236142146-e1723021541781.jpg?w=2048

Flash floods have been deadly for New Yorkers living in basement apartments. Eleven people drowned in such homes in 2021 amid rain from the remnants of Hurricane Ida.

https://fortune.com/2024/08/07/new-york-city-drones-warn-residents-flee-basement-apartments-floods/


Olympics under pressure to dump Coca-Cola sponsorship after nearly 100 years over health and environmental concerns

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162876845-e1723018673406.jpg?w=2048

"It's time for the International Olympic Committee (IOC) to cut ties with Coca-Cola in the interest of athletes, spectators and the planet."

https://fortune.com/europe/2024/08/07/olympics-under-pressure-to-dump-coca-cola-sponsorship-after-nearly-100-years-over-health-environmental-concerns-paris-nike/


Governments may take a softer approach to encourage responsible AI: ‘Over regulation will stifle AI innovation’

https://fortune.com/img-assets/wp-content/uploads/2024/08/53892888594_154dbd0fd5_o-e1722990174267.jpg?w=2048

Governments like the U.S. are developing what's called a “framework guidance”: No hard laws, but nudges in a preferred direction.

https://fortune.com/asia/2024/08/07/framework-guidance-regulate-ai-paypal-brainstorm-ai-singapore/


Five cows, one year’s worth of free food, a two-bed apartment and exemption from military service: How athletes can win more than medals this Olympics

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1153182641-e1722955084832.jpg?w=2048

Many nations and territories offer incentives to their athletes to come home with gold, silver or bronze.

https://fortune.com/europe/2024/08/07/five-cows-one-years-worth-of-free-food-a-two-bed-apartment-exemption-from-military-service-how-athletes-can-win-more-than-medals-this-olympics-paris/


Nvidia chip delays risk eroding its AI edge

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2094937967-e1722988496792.jpg?w=2048

CEO Jensen Huang is introducing new chip designs and technology more rapidly, aiming to maintain an edge in AI computing.

https://fortune.com/2024/08/06/nvidia-chip-delays-ai-blackwell/


Microsoft: Satya Nadella emailed Delta CEO Ed Bastian during IT outage, Bastian never replied

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2161005920-e1722987729674.jpg?w=2048

Microsoft and CrowdStrike said Delta turned down their offers to help the airline recover from the outage last month.

https://fortune.com/2024/08/06/microsoft-satya-nadella-crowdstrike-delta-bastian-email/


Kamala Harris’ VP pick disappoints some who hoped for a new milestone: the first Jewish vice president

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163853221-e1722986999542.jpg?w=2048

Most Jewish Americans vote Democratic and are still poised to rally around the Democratic ticket, even without Shapiro.

https://fortune.com/2024/08/06/kamala-harris-vp-walz-shapiro-jewish/


Prominent Georgia family faces a legal battle after it tried to displace residents from their homes

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24219738440753-e1722985908886.jpg?w=2048

Sandersville, which is owned by a prominent Georgia family, wants to build a line 4.5 mile railroad extension.

https://fortune.com/2024/08/06/prominent-georgia-family-faces-legal-battle-eminent-domain-railroad/


Kamala Harris and running mate Tim Walz just kicked off their campaign in Philadelphia

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165602686-e1722984586556.jpg?w=2048

In choosing the 60-year-old Walz, Harris is elevating a Midwestern governor, military veteran and union supporter.

https://fortune.com/2024/08/06/kamala-harris-tim-walz-philadelphia-rally-running-mate-campaign/


Harris campaign adds ex-Binance advisor Plouffe amid signs of thaw with crypto industry

https://fortune.com/img-assets/wp-content/uploads/2024/08/Kamala-Harris-Brian-Nelson-David-Plouffe.jpg?w=2048

As Harris’ key advisers come to light, two of the appointees are no strangers to crypto.

https://fortune.com/crypto/2024/08/06/harris-campaign-adds-ex-binance-advisor-plouffe-amid-signs-of-thaw-with-crypto-industry/


Companies have issued $1 trillion of debt this year and are racing to add more before November

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2151309416-e1722980997907.jpg?w=2048

"Financing costs are as attractive as they’ve been since early 2022," one analyst said.

https://fortune.com/2024/08/06/corporate-bonds-debt/


A Microsoft victory and Mozilla defeat: The fallout from Google’s antitrust saga

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1920932606-e1722976163441.jpg?w=2048

Here are the biggest winners and losers in the aftermath of Google's antitrust ruling.

https://fortune.com/2024/08/06/google-antitrust-winners-losers-microsoft-mozilla-satya-nadella/


How to navigate a volatile stock market based on your ‘risk appetite,’ according to experts

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165010413-e1722976482312.jpg?w=2048

Ultimately, your response depends in part on your circumstances and financial goals.

https://fortune.com/2024/08/06/how-to-navigate-volatile-stock-market-risk-appetite-experts/


Top economist Mohamed El-Erian: Fed would make ‘a huge mistake’ if it lets itself be bullied into cutting rates

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1489254773-e1722954050640.jpg?w=2048

“I think it’s a little bit like wanting to go to the emergency room for a cough,” El-Erian told Fortune.

https://fortune.com/2024/08/06/mohamed-el-erian-fed-rate-cut-recession/


OpenAI is suffering an exodus of senior talent

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1258550261-e1722970554585.jpg?w=2048

The newest departures leave OpenAI with only three of its 11 original cofounders.

https://fortune.com/2024/08/06/openai-sam-altman-executive-departures-tech-exodus/


5 ways a Harris-Walz win could reshape U.S. health care

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165044765-e1722966776808.jpg?w=2048

Big changes could be coming, according to policy experts.

https://fortune.com/well/2024/08/06/kamala-harris-tim-walz-win-health-care-changes/


How an obscure Japanese yen trade sparked a global market meltdown—and why the worst could be yet to come

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163971268-e1722962766915.jpg?w=2048

Financial experts explain the Japanese yen carry trade, a Wall Street favorite that’s beginning to unwind.

https://fortune.com/2024/08/06/japan-carry-trade-yen-explainer-stock-market-wall-street/


Former drug lord Pablo Escobar is so popular with tourists Colombia is pushing to ban souvenirs ‘exalting’ him

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-627229076.jpg?w=2048

The proposed law would fine sellers of merchandise depicting convicted criminals, and would also fine people wearing clothing 'exalting' the late drug trafficker.

https://fortune.com/2024/08/06/pablo-escobar-colombia-souvenir-law/


Elon Musk declares ‘war’ on advertisers with fresh lawsuit alleging ‘massive boycott’ on X

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162679051-e1722967044134.jpg?w=2048

X accused the Global Alliance for Responsible Media of helping to coordinate a pause in advertising after Musk bought Twitter in 2022.

https://fortune.com/2024/08/06/elon-musk-declares-war-on-advertisers-lawsuit-x-boycott/


Tim Walz says he sleeps ‘just fine’ with F’s from the NRA

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164176277_4098e6-e1722962857649.jpg?w=2048

The military veteran and former teacher turned VP running mate for Kamala Harris is proudly pro-gun control.

https://fortune.com/2024/08/06/tim-walz-sleeps-just-fine-with-fs-from-the-nra-gun-lobby-control/


U.S. households are piling on record credit card debt, says Fed report

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1474708560-e1722958550798.jpg?w=2048

Households paid off debt during the pandemic. That trend is reversing.

https://fortune.com/2024/08/06/u-s-households-are-piling-on-record-credit-card-debt-says-fed-report/


‘Are jurors going to see this as negligence or something worse?’ Boeing hearings underway for the 737 Max door plug blowout

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24218720322705-e1722957807143.jpg?w=2048

The NTSB's two-day hearing revolves around the Jan. 5 accident that left a gaping hole in the side of an Alaska Airlines jet.

https://fortune.com/2024/08/06/boeing-737-max-alaska-airlines-door-plug-hearings-ntsb-underway/


Jimmy John’s enters value meal price wars with $10 deal

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1840664422-e1722954418577.jpg?w=2048

Move follows discounts by McDonald’s, Wendy’s and more

https://fortune.com/2024/08/06/jimmy-johns-value-meal-total-package/


Nvidia’s Jensen Huang didn’t get hurt in the selloff—he sold $360 million in stock before it declined

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155573433-e1722952719396.jpg?w=2048

From July to the time of writing, the average value of Huang's daily sale was $14.44 million.

https://fortune.com/2024/08/06/nvidia-jensen-huang-stock-sales-before-selloff/


Wall Street is rebounding from its worst day in years

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24219070924177-e1722956027126.jpg?w=2048

It's on track to break a brutal three-day losing streak.

https://fortune.com/2024/08/06/wall-street-rebounding-from-worst-day-in-years/


MIT economist: Markets have overestimated AI-driven productivity gains

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164969867-e1722952797362.jpg?w=2048

The promise of an AI-driven productivity boom is music to everyone’s ears—but it has been overestimated.

https://fortune.com/2024/08/06/mit-economist-markets-overestimated-ai-driven-productivity-gains/


Tim Walz’s record governing Minnesota showcases a wish list of progressive priorities

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-19534893981-e1722950839958.jpg?w=2048

With the help of Democrats in the Minnesota legislature, Walz oversaw a crackdown on corporate power and a broad expansion of the state's social safety net.

https://fortune.com/2024/08/06/tim-walz-record-minnesota-governor-progressive-lunch/


Harris reportedly picks Minnesota governor Tim Walz as VP running mate

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164176277-e1722949666302.jpg?w=2048

CNN, AP report he will make his debut later today.

https://fortune.com/2024/08/06/kamala-harris-tim-walz-vp-running-mate/


‘The Godmother of AI’ says California’s well-intended AI bill will harm the U.S. ecosystem

https://fortune.com/img-assets/wp-content/uploads/2024/08/Fei-Fei-Li-e1722947114384.jpg?w=2048

'I am not anti-AI governance—but SB-1047 falls short of standards,' writes Fei-Fei Li.

https://fortune.com/2024/08/06/godmother-of-ai-says-californias-ai-bill-will-harm-us-ecosystem-tech-politics/


Michael Bloomberg’s charity is giving $600 million to endowments of 4 historically Black medical schools

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24218634288377-e1722946583331.jpg?w=2048

Black Americans fare worse in measures of health compared with white Americans, and experts believe increasing the representation among doctors is one solution.

https://fortune.com/2024/08/06/michael-bloomberg-charity-600-million-endowments-4-historically-black-medical-schools/


History shows stocks go up after Wall Street’s fear index hits these levels, argues RBC

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-85252554-e1722944997283.jpg?w=2048

Data suggests once the VIX breaks above 35 points, the S&P 500 index has historically rallied by nearly 29% on average over the following twelve months.

https://fortune.com/2024/08/06/stock-market-rally-volatlility-vix-interest-rates-recesssion/


Textbook ‘Turnaround Tuesday’ rebound in stock prices doesn’t mean market meltdown is over

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165384302_3b3954-e1722945155178.jpg?w=2048

Japan is leading a recovery on Tuesday, with its key equity indexes rallying more than 9%, the most since October 2008.

https://fortune.com/2024/08/06/textbook-turnaround-tuesday-rebound-stock-prices-market-meltdown-over/


Tesla rival Lucid gets another $1.5 billion cash injection from Saudi Arabia to keep going through 2025

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2154514883-e1722943278971.jpg?w=2048

Ayar Third Investment Company has agreed to make the investments by purchasing $750 million of convertible preferred stock and providing a $750 million unsecured loan.

https://fortune.com/2024/08/06/tesla-rival-lucid-billion-cash-injection-saudi-arabia-through-2025/


While southern Europe sweats, a tough winter in Norway is threatening its key export: salmon

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-455923692-e1722942906191.jpg?w=2048

A warm summer could help address Norway’s salmon problem by creating a conducive environment for the country’s key export product.

https://fortune.com/europe/2024/08/06/southern-europe-sweats-tough-winter-norway-key-export-salmon/


German giant Bayer back in the red as agrochemicals slump and Monsanto lawsuits mount

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2156645572-e1722940580229.jpg?w=2048

Since its 2018 takeover of U.S. firm Monsanto, Bayer has been dogged by lawsuits claiming its Roundup weedkiller causes cancer.

https://fortune.com/europe/2024/08/06/german-chemical-giant-bayer-back-in-the-red-as-agrochemicals-slump-monsanto-lawsuits-mount-cancer-loss-bill-anderson/


Philippines’ first male Olympic gold medalist in history given a fully furnished $555,000 condo to go with his medals

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165101004-e1722938909192.jpg?w=2048

Philippines gymnast won’t just be walking away from this summer’s Games with a medal—he also won a fully furnished $550,000 condo, over $300,000 in cash and colonoscopies for life.

https://fortune.com/europe/2024/08/06/carlos-yulo-philippines-first-male-olympic-gold-medalist-furnished-condo/


It’s not the Fed’s job to make the stock market ‘comfortable’ says Fed president

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2160703327.jpg?w=2048

Analysts holding out for the Fed to rescue the stock market might be waiting in vain

https://fortune.com/2024/08/06/jerome-powell-market-goolsbee-mandate/


Pope Francis reveals his summer reading list and love for tragedies as he encourages young priests to read a ‘good’ book

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-488727466-e1722939332395.jpg?w=2048

In his letter the Pope made references to literary greats like C.S. Lewis, Marcel Proust, T. S. Eliot and fellow Argentinian Jorge Luis Borges.

https://fortune.com/europe/2024/08/06/pope-francis-reveals-reading-list-love-for-tragedies-as-he-encourages-young-priests-to-read-a-good-book-vatican-dostoevsky/


Olympic boxer Imane Khelif hailed a ‘heroine’ by her home village despite gender row

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165116129-e1722936983564.jpg?w=2048

Imane has found herself in the middle of a heated global row after it emerged that she had previously failed unspecified gender eligibility tests.

https://fortune.com/europe/2024/08/06/olympic-boxer-imane-khelif-is-hailed-a-heroine-by-her-home-village-despite-gender-row-paris-algeria/


IBM’s former head of AI says Big Tech needs to end arms race in LLMs to ditch its carbon backpack

https://fortune.com/img-assets/wp-content/uploads/2024/08/53892903568_c9873636ed_o-e1722891660308.jpg?w=2048

Seth Dobrin favors energy-efficient small language models and calls for a new ‘paradigm of cooling’ to solve AI's growing sustainability dilemma.

https://fortune.com/asia/2024/08/06/generative-ai-energy-power-large-language-models-sustainability-carbon-emissions/


Nobel-winning microcredit pioneer Muhammad Yunus should lead caretaker Bangladesh government, student leaders say

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2147857130-e1722935030816.jpg?w=2048

Longtime ruler Sheikh Hasina, 76, who had been in power since 2009, fled the country after she was accused of rigging January elections and watched millions of people take to the streets demanding she quit.

https://fortune.com/asia/2024/08/06/nobel-microcredit-muhammad-yunus-bangladesh-government-student-leaders/


ByteDance agrees to withdraw its ‘addictive’ TikTok Lite app for teens in Europe

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1201942213-e1722935297438.jpg?w=2048

TikTok Lite lets under-18s collect points by watching videos and exchange these for prizes like vouchers or gift cards.

https://fortune.com/europe/2024/08/06/bytedance-agrees-to-withdraw-its-addictive-tiktok-lite-app-for-teens-in-europe-facebook-instagram-youtube/


5 U.S. states push Elon Musk to fix Grok because they say AI chatbot spreads bogus ballot deadline information

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24218710796462.jpg?w=2048

The top election officials from Michigan, Minnesota, New Mexico, Pennsylvania and Washington told Musk that X's AI chatbot, Grok, produced false information about state ballot deadlines.

https://fortune.com/2024/08/06/us-states-elon-musk-fix-grok-ai-chatbot-bogus-ballot-deadline-information/


Evergrande’s liquidators want to claw back $6 billion from 7 defendants, including founder Hui Ka Yan and his ex-wife

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1132911602-e1722930460803.jpg?w=2048

The order comes months after a Hong Kong court approved a winding-up petition for the bankrupt property developer.

https://fortune.com/asia/2024/08/06/evergrande-wants-to-claw-back-6-billion-from-founder-hui-ka-yan-ex-wife/


Meta apologizes for taking down Malaysia Prime Minister Anwar Ibrahim’s post offering condolences to an assassinated Hamas leader

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2079420710-e1722919982822.jpg?w=2048

Anwar previously called Meta's decision to take down his post as "discriminatory, unjust, and a blatant suppression of free expression."

https://fortune.com/asia/2024/08/06/meta-apologizes-malaysia-prime-minister-anwar-ibrahim-post-facebook-instagram-hamas-condolences-ismail-haniyeh/


The Nikkei 225 index jumps almost 11% on Tuesday, one day after Japan’s worst stock plunge since 1987

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165005848-e1722927023691.jpg?w=2048

Other markets in Asia also recovered, appearing to settle somewhat after the rollercoaster ride that started the week.

https://fortune.com/asia/2024/08/06/japan-nikkei-index-recovers-from-worst-plunge-since-1987/


Robinhood, Nvidia, tech giants led market plunge amid economic jitters

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1331330425-e1722902661886.jpg?w=2048

Robinhood slid 8.2% as Bitcoin lost about a fifth of its value after a global selloff.

https://fortune.com/2024/08/05/robinhood-nvidia-tech-giants-led-market-plunge-amid-economic-jitters/


Broker sues Citigroup and TP ICAP, alleging years of harassment by Citi trader

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2160972132-e1722901619593.jpg?w=2048

The employee claimed that her supervisor told her to “play the game” and put up with the Citigroup trader’s behavior because he was a big business generator.

https://fortune.com/2024/08/05/broker-sues-trader-metoo-harassment-citigroup-tp-icap/


‘Cyber squatter’ owns 15 websites named for Kamala Harris and potential running mates

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164176005-e1722900227543.jpg?w=2048

After Hillary Clinton's campaign declined to buy the website with her name on it in 2016, the owner sold it to a digital marketing company that turned out to be the Trump campaign.

https://fortune.com/2024/08/05/kamala-harris-tim-walz-cyber-squatter-pritzker-fetterman-evers-squatter/


Delta and CrowdStrike clash over $500 million outage blame

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1741627302-e1722899423555.jpg?w=2048

The cybersecurity firm blames the airline for its IT decisions, while Delta is threatening to sue.

https://fortune.com/2024/08/05/delta-crowdstrike-clash-over-500-million-it-outage-blame/


Oakland As strike $125 million deal to sell Coliseum stake

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The buyer is a Black-led development group and the sale will pave the way for a major entertainment complex.

https://fortune.com/2024/08/05/oakland-as-coliseum-deal-to-sell-coliseum-stake/