An EV charging company will penalize drivers who take more than they need

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164302192-e1722893574241.jpg?w=2048

Once batteries reach 85%, the cord will shut off automatically, and loiterers will be charged 40 cents-a-minute.

https://fortune.com/2024/08/05/ev-charging-electric-batteries-fines-congestion-clean-energy-infrastructure/


 Donald Trump got a Tesla Cybertruck from a controversial influencer—right after the former president said EVs will ‘destroy the country’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164714880_1a7bca-e1722890276311.jpg?w=2048

Streamer Adin Ross interviewed the Republican presidential nominee, who gave a shoutout to Tesla CEO Elon Musk

https://fortune.com/2024/08/05/donald-trump-tesla-cybertruck-adin-ross-elon-musk/


How to survive the stock market bloodbath, according to financial advisors

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2040044921-e1722883604164.jpg?w=2048

On the worst day in stock markets in nearly two years, financial advisors say: “Stop freaking out and just stay in."

https://fortune.com/2024/08/05/stock-market-drop-investor-advice-rebalance-dollar-cost-averaging-buy-sell/


The Dow crashes 1,000 points and Japan has worst day since 1987 as global selloff spreads

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24218513076406-e1722875495794.jpg?w=2048

The S&P 500 dropped 3% for its worst day in nearly two years. The Dow Jones Industrial Average reeled by 1,033 points, or 2.6%, while the Nasdaq composite slid 3.4%.

https://fortune.com/2024/08/05/stock-market-crash-nearly-everything-sinking-sp500-dow-nasdaq-japan-worst-1987/


Elon Musk revives feud with OpenAI’s Sam Altman—’the Emperor has no clothes’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162678656-e1722885441141.jpg?w=2048

In a lawsuit filed Monday, the Tesla boss alleged OpenAI abandoned its goal of helping humanity in favor of making money.

https://fortune.com/2024/08/05/elon-musk-open-ai-sam-altman-lawsuit-artificial-intelligence-tesla-x/


How to watch Simone Biles and Day 10 of the 2024 Olympics for free and without cable

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164839830_f0f7b5-e1722870613476.jpg?w=2048

Gymnastics’ GOAT has two more events.

https://fortune.com/2024/08/05/watch-2024-paris-summer-olympics-simone-biles-stream-live-online-free-without-cable-what-channel-nbc-peacock-day-10/


Gold, copper and oil prices fall as market contagion spreads—’It’s just widespread panic’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1324553383-e1722880481256.jpg?w=2048

Spot gold prices dropped as much as 3.2% to $2,364.43 an ounce on Monday, and copper sank as much 3.8%.

https://fortune.com/2024/08/05/gold-prices-copper-crude-oil-stock-market-crash-contagion-commodities-financial-panic/


Solana suffers 30% weekly drop as alt-coins hammered in crypto crash

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165384302-e1722876158590.jpg?w=2048

Fringe coins are feeling the brunt of the cryptocurrency market's mass liquidations over recent days.

https://fortune.com/crypto/2024/08/05/solana-suffers-30-weekly-drop-as-alt-coins-hammered-in-crypto-crash/


Renter households surged at triple the rate of homeowners, analysis confirmed

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1326083667-e1722878950887.jpg?w=2048

In June, rents were 23% higher than before the pandemic, while mortgage payments were up 90%, according to Redfin.

https://fortune.com/2024/08/05/renters-surged-three-times-faster-homeowners/


How we built our bootstrapped startup different and sold it for $40M. (Hint: We ignored some myths)

https://fortune.com/img-assets/wp-content/uploads/2024/08/Sinkinsons-Profile-e1722877689864.jpg?w=2048

Startup mythology is extremely compelling—Zuck! Musk! Gates!—but it doesn’t do entrepreneurs any favors.

https://fortune.com/2024/08/05/how-we-built-bootstrapped-startup-different-sold-it-for-40m-ignored-entrepreneur-myths/


Schwab, Fidelity and other brokerages report ‘intermittent’ outages amid stock market meltdown

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1355037951-e1722875129788.jpg?w=2048

More than 15,000 users reported an outage at Schwab at 9:50 a.m. in New York, and the company said some customers “may have difficulty logging in."

https://fortune.com/2024/08/05/schwab-fidelity-brokerage-outages-downdetector-stock-market-meltdown/


Women will soon have more money than men for the first time in history—and they’re following the MacKenzie Scott and Melinda Gates playbook

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2152975168-e1722869792984.jpg?w=2048

The unprecedented transfer of wealth to women is projected to reach $30 trillion in the next decade—and it will change the face of philanthropy.

https://fortune.com/2024/08/05/women-will-soon-have-more-money-than-men-first-time-in-history-mackenzie-scott-melinda-gates-playbook-philanthropy/


The global market meltdown just sent Wall Street’s ‘fear gauge’ to a 4-year high

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164949656-e1722872421725.jpg?w=2048

“[T]his market volatility is mostly a global carry trade unwind and a re-evaluation of the AI hype,” Jim Smigiel, chief investment officer at SEI, argued Monday.

https://fortune.com/2024/08/05/global-stock-market-vix-fear-gauge-highest-level-2020/


Chicago Fed president says if jobs, inflation or ‘financial stability’ worsen, the Fed will ‘fix it’

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“It’s the market's job to react and the Fed’s job to act.” said Chicago Fed president Austan Goolsbee. “And one of those moves with a lot more volatility than the other.”

https://fortune.com/2024/08/05/market-jobs-prices-stability-fed-will-fix-austan-goolsbee/


Jamie Dimon says the American dream is disappearing—and half the public no longer believe in it

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1793796754.jpg?w=2048

"The American dream is disappearing for many because opportunity is not shared equally."

https://fortune.com/2024/08/05/jamie-dimon-american-dream-disappearing-pew-research/


Crypto suffers worst crash since 2022 as Bitcoin struggles to hold $50,000

https://fortune.com/img-assets/wp-content/uploads/2024/08/Crypto-crash.jpeg?w=2048

Broader market conditions and selloff fears have pushed down leading digital asset prices by 25%.

https://fortune.com/crypto/2024/08/05/crypto-worst-market-crash-bitcoin-ethereum/


I’m Gen Z and attended college before choosing trade school. Let’s rethink what’s ‘worthwhile’ education

https://fortune.com/img-assets/wp-content/uploads/2024/08/Forrest-Zischkau-trade-school-versus-college-e1722622775783.jpg?w=2048

For a growing number of Gen Zers, aka the 'toolbelt generation,' the hands-on component of school and work really matters.

https://fortune.com/2024/08/05/gen-z-trade-school-careers-skills-education-college-student-debt-toolbelt-generation/


British PM calls out Elon Musk over his claim ‘civil war is inevitable’ in the U.K.

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162683817-e1722865409279.jpg?w=2048

The U.K. has suffered a week of anti-immigration riots sparked by the murder of three girls and subsequent misinformation about the perpetrator.

https://fortune.com/europe/2024/08/05/british-pm-calls-out-elon-musk-over-his-claim-civil-war-is-inevitable-in-the-u-k/


Donald Trump admits EV flip-flop was a quid-pro-quo to secure Elon Musk’s support

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164714880-e1722857237910.jpg?w=2048

Elon Musk's endorsement of Trump has further driven a split in the Tesla community, with data on Monday showing customers are fleeing the brand in Europe.

https://fortune.com/2024/08/05/donald-trump-elon-musk-tesla-endorsement/


Steve Jobs was wrong. Finding work that you love might be the worst thing you can do

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The pressure to love your work has been heating up since the seminal 2005 commencement speech at Stanford University by late Apple founder Steve Jobs

https://fortune.com/2024/08/05/steve-jobs-wrong-finding-work-that-you-love-might-be-the-worst-thing-can-do-careers/


World’s billionaires see $134 billion wiped from their fortunes overnight in stock bloodbath

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The Nasdaq 100 Index fell 2.4%, dragging down the net worth of all 10 of the richest people in the world by at least $1 billion.

https://fortune.com/2024/08/05/billionaires-134-billion-wiped-from-fortunes/


Powell faces a mutiny on Wall Street if he doesn’t make a September rate cut

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"The bottom line is that the weaker-than-expected July employment report led us to change our baseline expectation for the first Fed to September."

https://fortune.com/2024/08/05/fed-powell-market-upset-september-rate-cut/


Israel braces for attack by Iran

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The US is moving a fighter jet squadron to the region and keeping an aircraft carrier nearby.

https://fortune.com/2024/08/05/israel-braces-for-attack-by-iran/


Asian markets are in meltdown as Japan erases all the gains from this year’s record-breaking stock rally

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Investing in Japan now will be like “catching a falling knife,” UBS regional chief investment officer Kelvin Tay said in a TV interview.

https://fortune.com/asia/2024/08/05/asia-markets-meltdown-japan-nikkei-topix-korea-kospi-taiwan-taiex-shares-drop/


Companies will need to close three gaps—value, confidence and expertise—if they want to make AI useful

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“There’s a lot of excitement about AI, but translating that into business outcomes is not easy,” said Debanjan Saha, CEO of DataRobot.

https://fortune.com/asia/2024/08/05/unlocking-ai-close-three-gaps-confidence-expertise-confidence-brainstorm-ai-singapore/


Bitcoin price plunges and ether has worst drop since 2021

https://fortune.com/img-assets/wp-content/uploads/2024/08/Screenshot-2024-08-05-at-10.06.38.png?w=2048

Crypto battered by risk aversion in global markets

https://fortune.com/2024/08/05/bitcoin-price-plunges-ether-worst-drop/


Why has the world’s happiest country just plummeted in expat rankings?

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Finland has been voted one of the worst places to live as an expat in 2024.

https://fortune.com/europe/2024/08/05/why-has-the-worlds-happiest-country-just-plummeted-in-expat-rankings-finland/


The untold story of how Exxon scored a $1 trillion oil bonanza that 30 rivals passed up

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“When everyone else was pulling back, we were leaning in,” says Liam Mallon, president of Exxon’s production division.

https://fortune.com/2024/08/04/exxon-mobil-guyana-1-trillion-oil-bonanza-xom-stock-exploration-drilling/


Goldman Sachs raises U.S. recession odds to 25% from 15%

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“We continue to see recession risk as limited,” the Goldman economists led by Jan Hatzius said in a report to clients on Sunday.

https://fortune.com/2024/08/04/recession-outlook-probability-25-percent-2025-us-economy-fed-rate-cuts/


Supreme Court justice blasts the increase in laws and regulations, defends Trump immunity ruling

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“Here we have, for the first time in our history, one presidential administration bringing criminal charges against a prior president. It’s a grave question, right? Grave implications.”

https://fortune.com/2024/08/04/supreme-court-justice-neil-gorsuch-laws-regulations-donald-trump-immunity/


Why did Warren Buffett dump Apple stock? He could be managing risk or raising cash to snap up bargains in a recession

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Since 2016, when Warren Buffett first bought Apple, shares have soared almost 900%, delivering Berkshire billions of dollars worth of unrealized profits.

https://fortune.com/2024/08/04/why-did-warren-buffett-dump-apple-stock-berkshire-hathaway-cash-recession-acquisition-bargains/


Tropical Storm Debby is expected to hit Florida as a hurricane and dump record rain farther north

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The storm was likely to become a strong Category 1 hurricane before making landfall Monday in the Big Bend region of Florida, the National Hurricane Center in Miami said.

https://fortune.com/2024/08/04/tropical-storm-debby-forecast-florida-category-1-hurricane-record-rain/


America may lose its economic exceptionalism because of the Fed, El-Erian warns

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"This is the first time that I have a growth scare," said top economist Mohamed El-Erian.

https://fortune.com/2024/08/04/us-economic-exceptionalism-recession-warning-stock-market-crash-fed-rate-mistake/


Despite the stock crash, the AI-fueled bubble will soon regain momentum, economist says

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Capital Economics said a recession is unlikely and growth will even reaccelerate after a soft patch in the second half of this year.

https://fortune.com/2024/08/04/stock-market-crash-economic-outlook-recession-ai-fueled-bubble-fed-rate-cuts/


Warren Buffett was reportedly bothered by high costs and complacency at the Gates Foundation

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-632858810-e1722788037538.jpg?w=2048

In 2021, Buffett said his goals "are 100% in sync with those of the foundation."

https://fortune.com/2024/08/04/warren-buffett-philanthrophy-berkshre-hathaway-stock-bill-melinda-french-gates-foundation/


More schools use meditation to help students: ‘when I calm myself down, I realize I am an excellent scholar’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1354472019-e1722785817555.jpg?w=2048

Research has found school-based mindfulness programs can help, especially in low-income communities where students face high levels of stress or trauma.

https://fortune.com/2024/08/04/schools-meditation-mindfulness-yoga-students-education-cdc-mental-health/


The eurozone’s weakest big economy also has the happiest consumers

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The divergence between increasingly cheery consumers and the stop-start economy can partly be explained by rising pay.

https://fortune.com/2024/08/04/eurozone-economy-germany-gdp-growth-consumer-confidence-wage-growth-uefa-euro-cup/


China eyes yachts, esports and ‘low-altitude flying’ to boost consumer spending

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164352177-e1722783400535.jpg?w=2048

China’s government laid out its priorities to spur consumer spending as weak domestic demand continues to weigh on growth.

https://fortune.com/2024/08/04/china-economy-cruise-ships-tourism-yachts-esports-low-altitude-flying-consumer-spending/


After last week’s violent selloff, one stock market rotation ended and another may have begun

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164636309-e1722781669376.jpg?w=2048

Utilities and real estate companies, which pay hefty dividends and are popular with income investors when bond yields sink, were by far the best performers in the S&P 500 for the week.

https://fortune.com/2024/08/04/stock-market-crash-new-rotation-trade-economic-outlook-recession-utilities/


Rich, western countries face a stark choice: 6-day workweeks or more immigration, top economist warns

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2159849192-e1722633585943.jpg?w=2048

One of the world's foremost economists, Lant Pritchett, has a plan.

https://fortune.com/2024/08/04/rich-western-countries-face-a-stark-choice-6-day-workweeks-or-more-immigration-top-economist-warns/


Gen Z is going sober—and powering the $565 million NA industry

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1237857265-e1722513867739.jpg?w=2048

As Gen Z cuts down on alcohol, NA beer sales are soaring.

https://fortune.com/2024/08/04/gen-z-sober-na-business/


Luxury gyms are changing how we exercise—and how we live

https://fortune.com/img-assets/wp-content/uploads/2024/08/pen-fitnessfloor-alpha-04-e1722632755925.jpg?w=2048

Gyms like Life Time charge high membership fees and require huge spaces. But they pitch consumers on a holistic lifestyle that keeps them coming back.

https://fortune.com/2024/08/04/luxury-gyms-remote-work-culture-fitness-lifestyle-real-estate/


Breaking took decades to make it from New York’s streets to the Paris Olympics. Despite a big sporting debut, its future still hangs in the balance

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“Having that Olympic stamp for any sport changes the game of play,” an expert told Fortune. But what will breaking's Olympic future look like?

https://fortune.com/europe/2024/08/04/breaking-breakdancing-new-york-streets-paris-2024-olympics-debut-future/


Elon Musk tries one more time to save his $56 billion pay package

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162688843-e1722726619957.jpg?w=2048

If the judge sticks with her earlier ruling, Musk can finally appeal the decision to the Delaware Supreme Court.

https://fortune.com/2024/08/03/elon-musk-56-billion-pay-package-delaware-court-tesla-board/


Coca-Cola will pay IRS $6 billion in back taxes while appealing federal court’s decision

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24215793546555-e1722724953900.jpg?w=2048

Coca-Cola accused the IRS of changing how it let the company calculate U.S. income based on profits amounting to more than $9 billion from foreign licensees and affiliates.

https://fortune.com/2024/08/03/coca-cola-irs-6-billion-back-taxes-us-income-foreign-affiliates-federal-court/


Elon Musk says a person with a Neuralink chip could beat a pro gamer in a few years

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1258742140-e1722716354224.jpg?w=2048

"We feel pretty confident that in the next year or two, someone with a Neuralink implant would be able to outperform a pro gamer because the reaction time would be faster."

https://fortune.com/2024/08/03/elon-musk-neuralink-chip-implant-outperform-professional-video-game-player/


Tump pulls out of ABC presidential debate with Harris and seeks Fox News face-off

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24216604258749-e1722715677936.jpg?w=2048

In a series of Truth Social posts, Trump said his agreement to a Sept. 10 debate on ABC “has been terminated" because he will no longer face Democratic President Joe Biden.

https://fortune.com/2024/08/03/donald-tump-vs-kamala-harris-abc-presidential-debate-fox-news-joe-biden/


Trump says Mark Zuckerberg called to apologize about photo of assassination attempt and vowed not to endorse a Democrat

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164684779_c4ae6a-e1722712901627.jpg?w=2048

"Mark’s already been public about the fact that he’s not endorsing either candidate, just as he hasn’t in prior elections," a Meta spokesman said.

https://fortune.com/2024/08/03/donald-trump-mark-zuckerberg-apology-photo-assassination-attempt-election-endorsement-democrat/


Bill Gross says don’t buy the dip as stocks crash while Warren Buffett’s moves hint at ‘sell signal’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-534301656-e1722707755260.jpg?w=2048

"Investors should stop talking about buying the dip and start asking about selling recoveries."

https://fortune.com/2024/08/03/stock-market-crash-bill-gross-dont-buy-the-dip-warren-buffett-berkshire-hathaway-sell-signal/


Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock and halves Apple stake

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-513206826-e1722694628563.jpg?w=2048

Berkshire Hathaway's cash pile swelled to a record $276.9 billion.

https://fortune.com/2024/08/03/warren-buffett-berkshire-hathaway-q2-earnings-report-stock-sales-apple-stake/


Weak jobs report shows ‘there’s a strong case’ for Fed rate cuts before next meeting, economist says

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164066587-e1722701091925.jpg?w=2048

"From a risk management perspective we think there’s a strong case to act before September 18th."

https://fortune.com/2024/08/03/fed-rate-cuts-before-meeting-july-jobs-report-recession-unemployment-rate/


CrowdStrike outage will cost Fortune 500 companies $5.4 billion in damages

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162656124-e1722698955927.jpg?w=2048

The vast majority of damages from last month’s CrowdStrike Holdings Inc.’s global IT outage will go uninsured.

https://fortune.com/2024/08/03/crowdstrike-outage-fortune-500-companies-5-4-billion-damages-uninsured-losses/


Bill Ackman’s Pershing Square sees 2024 gains nearly wiped out after July loss

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1244132680-e1722697771823.jpg?w=2048

Pershing Square Holdings was up 8.7% as of mid-July for the year, but lost 4.7% in the month, ending with a year-to-date gain of 0.7%.

https://fortune.com/2024/08/03/bill-ackman-pershing-square-year-to-date-2024-gain-july-loss/


Nvidia’s upcoming AI chips reportedly face delay of 3 months or more due to design flaw

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1820546311-e1722696257107.jpg?w=2048

Nvidia this week informed Microsoft about a delay affecting the most advanced AI chip models in the Blackwell series, sources told The Information.

https://fortune.com/2024/08/03/nvidia-ai-chip-delay-blackwell-microsoft-meta-google-design-flaw/


I flew 3,400 miles with my golden retriever on a one-of-a-kind luxury airline for dogs—here’s what it was like

https://fortune.com/img-assets/wp-content/uploads/2024/07/IMG_5556-e1722446027737.jpg?w=2048

Fortune reporter Sydney Lake and her golden retriever, Lulu, tried Bark Air—a dog-first flight experience.

https://fortune.com/2024/08/03/bark-air-flight-experience-photos-video/


U.S. politics is getting too extreme for these Americans—so they’re fleeing abroad for some peace

https://fortune.com/img-assets/wp-content/uploads/2024/07/Copy-of-FeatTemplate-49.jpg?w=2048

"After there was an assassination attempt … and you see how much divisiveness there is it’s like: ‘At what risk do I put myself being in the country at that time?’"

https://fortune.com/2024/08/03/americans-moving-italy-spain-cameroon-politics/


10 tips from Olympian Simone Biles to get into a champion’s mindset: ‘It’s all about mental training’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164839830-e1722630712661.jpg?w=2048

From writing down goals to showing up 10 minutes early, here is how Biles gets into an optimal mindset.

https://fortune.com/well/article/simone-biles-mindset-mental-training/


The legacy of Paris puts future Olympics at risk—is it time to pick a single, permanent host for the games?

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164743160-e1722605820332.jpg?w=2048

Paris set a new standard for future hosts.

https://fortune.com/europe/2024/08/03/the-legacy-of-paris-puts-future-olympics-at-risk-time-to-pick-a-single-permanent-host-for-the-games-seine-taylor-swift-french-elections-macron/


Empty nesters are sad when their kids leave—and even more distressed when they return home

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1319915172-e1722005589490.jpg?w=2048

Why grown kids moving back home can be a big adjustment for parents.

https://fortune.com/well/article/adult-child-moving-back-home-with-parents-tips-to-manage/


Uber’s legal chief takes leave to support sister-in-law Kamala Harris’ presidential campaign

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1044844296-e1722641354172.jpg?w=2048

“While I love my job, my team, and the positive impact Uber has on the world, I have always believed family comes first,” Tony West wrote.

https://fortune.com/2024/08/02/uber-kamala-harris-campaign-obama/


Former CEO gets prison after plotting a $40 million payday

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-73979755-e1722640451144.jpg?w=2048

Jacksonville's city council auditor in 2019 uncovered a hidden incentive plan created by the exec.

https://fortune.com/2024/08/02/former-ceo-gets-prison-after-plotting/


UAW chief slams Donald Trump’s labor record

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24215645153136-e1722639689541.jpg?w=2048

Kamala Harris can boost the Democrats' chances of winning swing-state Michigan.

https://fortune.com/2024/08/02/uaw-chief-slams-donald-trump-labor-kamala-harris-michigan/


Ken Griffin pledges $12 million to defeat recreational pot legalization in Florida

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-530884400-e1722638098923.jpg?w=2048

The founder of Citadel and Citadel Securities, who relocated from Chicago to Miami in 2022, has been wielding his $42 billion fortune to influence Florida’s political landscape and to fund philanthropic causes.

https://fortune.com/2024/08/02/ken-griffin-recreational-cannabis-marijuana-legalization-florida-politics-citadel/


The government is reportedly investigating Nvidia for anticompetitive practices

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2087340077-e1722634107230.jpg?w=2048

Wall Street darling Nvidia is accused of abusing its market dominance in selling chips crucial for AI — and the U.S. Justice Department is now said to be investigating.

https://fortune.com/2024/08/02/nvidia-monopoly-antitrust-investigation-department-of-justice/


A baby who lived for 40 minutes inspired a network of refuge for pregnant women in post-Roe America

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24213719585436-e1722636347819.jpg?w=2048

There has been a nationwide expansion of maternity homes in the two years since the Supreme Court overturned Roe v. Wade and the federal right to abortion.

https://fortune.com/2024/08/02/baby-maternity-pregnancy-roe-wade-abortion-election/


Heatwave deaths expose air conditioning crisis: Elderly and minorities most at risk

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1433189290-e1722634033191.jpg?w=2048

People living in mobile homes or in aging trailers and RVs are especially likely to lack proper cooling.

https://fortune.com/2024/08/02/heatwave-deaths-expose-air-conditioning-crisis-elderly-and-minorities-most-at-risk/


AI bubble pops: Tech stocks plummet with another potential 25% drop, analysts warn

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165010438-e1722630688791.jpg?w=2048

After being stock market darlings, investors are starting to lose patience with AI companies.

https://fortune.com/2024/08/02/ai-bubble-tech-stocks-nvidia-amazon-meta-microsoft-amd-intel/


Warren Buffett’s Berkshire Hathaway has generated $3.8 billion in proceeds after selling BofA stock for 12 straight days

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-840924780-e1722627536831.jpg?w=2048

Berkshire Hathaway Inc. has cut its stake in the bank by a total of 8.8% since mid-July.

https://fortune.com/2024/08/02/warren-buffett-berkshire-hathaway-3-8-billion-bank-of-america-stock-sales-bac/


This accurate recession indicator is flashing red, but the ‘Sahm Rule’ creator says ‘this time really could be different’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163516137-e1722607475608.jpg?w=2048

“I am not concerned that, at this moment, we are in a recession,” Sahm told Fortune, adding that “no one should be in panic mode today, though it appears some might be.”

https://fortune.com/2024/08/02/recession-indicator-claudia-sahm-rule-trigger-unemployment-rate-jobs-report/


Jamie Dimon says the next president needs to ensure the private sector has ‘a seat at the table’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2152634737-e1722625906289.jpg?w=2048

Trump said he would consider Dimon for Treasury Secretary before recanting.

https://fortune.com/2024/08/02/jamie-dimon-next-president-donald-trump-kamala-harris-private-sector/


TikTok parent ByteDance sued for ‘massive-scale invasions of children’s privacy’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2153111914-e1722625398539.jpg?w=2048

Department of Justice alleged TikTok inappropriately violated the rights of millions of children under 13.

https://fortune.com/2024/08/02/tiktok-bytedance-sued-children-privacy-doj-ftc/


Jeff Bezos loses $21 billion in net worth, a dive topped only by the wipeout after his divorce deal

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1419411609-e1722621372929.jpg?w=2048

Amazon stock fell as much as 13% Friday, dropping Bezos’ net worth to $185.3 billion, according to the Bloomberg Billionaires Index.

https://fortune.com/2024/08/02/jeff-bezos-net-worth-21-billion-amazon-stock-selloff-wealth-loss-billionaires-index/


Kamala Harris secures Democratic nomination with delegate support, DNC chair confirms

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163962557-e1722622330745.jpg?w=2048

Harris is poised to be the first woman of color at the top of a major party’s ticket.

https://fortune.com/2024/08/02/kamala-harris-secures-democratic-nomination-with-delegate-support-dnc-chair-confirms/


A protein-blocking drug extended life by 25% in mice. Could it work in humans?

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-529341269-e1722620424837.jpg?w=2048

New research draws attention to a protein that may inhibit healthy aging.

https://fortune.com/well/2024/08/02/live-longer-protein-blocking-drug-mice/


Trump tells his supporters to ‘GO AFTER’ Google and Meta

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163362385-e1722616698415.jpg?w=2048

As election season intensifies, tech figures are dividing into Democratic and Republican camps.

https://fortune.com/2024/08/02/trump-tells-his-supporters-to-go-after-google-and-meta/


Chevron swears its relocation plans from California to Texas have nothing to do with politics

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2151239802-e1722617658143.jpg?w=2048

“It’s a move about what’s good for our company to compete and perform,” CEO Mike Wirth said.

https://fortune.com/2024/08/02/chevron-relocation-houston-texas-california-politics-mike-wirth/


Tech stocks take a pounding as hedge fund Elliott warns AI trades like Nvidia are in ‘bubble land’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2154771504-e1722615698199.jpg?w=2048

Intel suffers its single biggest one day drop in decades, as sentiment sours amid overextended valuations and a darkening economic outlook.

https://fortune.com/2024/08/02/ai-nvidia-intel-arm-stock-bubble-elliott/


Stocks crash on recession fears as the ‘Fed is seizing defeat from the jaws of victory’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1074420154-e1722614756245.jpg?w=2048

The S&P 500 was sinking by 2.5% in midday trading, potentially on pace for its worst day since 2022, and on track for its first back-to-back loss of more than 1% since April.

https://fortune.com/2024/08/02/stock-market-crash-dow-jones-sp500-nasdaq-recession-jobs-report-fed/


Kamala Harris crushes Donald Trump in campaign fundraising

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24212861509876-e1722610480150.jpg?w=2048

The $310 million raised last month by Harris, the DNC, and affiliated entities far outpaced the $138.7 million haul for Trump and his affiliates.

https://fortune.com/2024/08/02/kamala-harris-donald-trump-july-campaign-fundraising-totals-dnc-rnc/


How to watch Katy Ledecky, Caeleb Dressel, Track & Field and Day Seven of the 2024 Olympics for free and without cable

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164927404-e1722608003858.jpg?w=2048

Ledecky goes for a record 14th Olympic medal.

https://fortune.com/2024/08/02/watch-2024-paris-summer-olympics-katie-ledecky-caleb-dressel-stream-live-online-free-without-cable-what-channel-nbc-peacock-day-seven/


Elon Musk is opening a Montessori school in Texas this fall

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2148589533-e1722607902592.jpg?w=2048

Applications are open now.

https://fortune.com/2024/08/02/elon-musk-montessori-school-texas/


Buy this TV and you can get a free ticket to the Super Bowl

https://fortune.com/img-assets/wp-content/uploads/2024/08/Prime_VIdeo_Lifestyles_QM891G_RoadHouse-1600x780-1.jpg?w=2048

You’ll need a lot of wall space, though. A lot.

https://fortune.com/2024/08/02/tcl-tv-free-super-bowl-ticket/


Best online checking accounts for August 2024

https://fortune.com/img-assets/wp-content/uploads/2024/07/Recommends_Best-Online-Checking-Accounts-e1721934712591.jpg?w=2048

Maximize your money with our guide on the best online checking accounts

https://fortune.com/recommends/banking/best-online-checking-accounts/


Tech CEOs are backtracking on RTO mandates—now, just 3% want workers in the office full-time

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1261563542-e1722606038352.jpg?w=2048

Tech CEOs have spent the last two years forcing workers back into the office—but now, research shows they've given up in the tug of war battle on working from home.

https://fortune.com/2024/08/02/tech-ceos-return-to-office-mandate/


Unemployment rate jumped to 4.3% in July as hiring hit the brakes

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164062598-e1722602469871.jpg?w=2048

The finance and information sector lost jobs as the construction sector grew.

https://fortune.com/2024/08/02/unemployment-hiring-jobs-report-july/


Fed Chair Jerome Powell is trying to explain away the inflation rollercoaster—but money supply is absent from his script

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164068118.jpg?w=2048

Greenwood and Hanke examined the link between changes in the stock of broad money and inflation in 27 countries during the 2020-24 period.

https://fortune.com/2024/08/02/fed-chair-jerome-powell-inflation-rollercoaster-money-supply-absent-economy-finance-politics/


The experience economy, fueled by gig-chasers and sports fanatics, is booming—and will soon be worth $1.5 trillion

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164434204-e1722595924224.jpg?w=2048

Events like the Formula One Grand Prix and the Olympics have spurred the growth of sports tourism, which accounts for a large piece of the experience pie.

https://fortune.com/europe/2024/08/02/experience-economy-sports-music-tourism-gig-chasers-fans-worth-1-5-trillion-2032/


Gen Z want jobs in teaching and healthcare—they best be prepared for crying on the job

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1518317879-e1722594945621.jpg?w=2048

Teachers are most likely to break down at work because they’re so burned out, research shows—followed by health care professionals.

https://fortune.com/europe/2024/08/02/gen-z-jobs-teaching-healthcare-burnout/


Wall Street wanted a September rate cut—instead it got a ‘baby step’ and stocks are hurting as a result

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164056539-e1722592086612.jpg?w=2048

"I am skeptical that the key economic data over the next seven weeks are going to add to the FOMC’s confidence."

https://fortune.com/2024/08/02/september-fed-rate-cut-stock-market-down/


British Airways sees travel demand take off, but parent IAG kills bid for Air Europa after EU scrutiny

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1151222310-e1722590794951.jpg?w=2048

The airline has reintroduced its first dividend payment since the start of the Covid pandemic.

https://fortune.com/europe/2024/08/02/british-airways-sees-travel-demand-take-off-but-parent-iag-kills-bid-for-air-europa-after-eu-scrutiny/


It’s not just you: Simone Biles has destigmatized mental health leave for millions of women

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164166096-e1722588733821.jpg?w=2048

In Tokyo, Biles showed she was brave enough to put herself first. In Paris, she proved she was able to come back stronger.

https://fortune.com/2024/08/02/simone-biles-destigmatized-mental-health-millions-women-olympics-careers/


Taxi drivers in France demand payout after months of Olympic gridlock in Paris

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2151325868-e1722587221344.jpg?w=2048

Some taxi drivers reported their income had nearly halved over the last seven months.

https://fortune.com/europe/2024/08/02/taxi-drivers-in-france-demand-payout-after-months-of-olympic-gridlock-in-paris/


The European Commission is banning staff from nabbing free tickets for the Olympics, Euros and Eurovision as they could defy ‘ethical behavior’

https://fortune.com/img-assets/wp-content/uploads/2024/08/Paris-Olympics-European-Commission-GettyImages-2163919744.jpg?w=2048

The European Commission's rule is said to apply to large-scale events whose tickets are often hard to get hold of—but there are a few exceptions.

https://fortune.com/europe/2024/08/02/european-commission-e-u-european-union-nabbing-free-tickets-olympics-euros-eurovision-ethical-behavior/


Buying 100,000 Teslas continues to haunt Hertz

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163502808-e1722557249902.jpg?w=2048

Under new CEO Gil West, Hertz is trying to unwind the Tesla debacle by selling off the vehicles at a loss.

https://fortune.com/2024/08/01/buying-teslas-hertz-musk-ev-repair-battery-fleet/


Kamala Harris’ poll surge and Fed rate cut odds deflate ‘Trump trade’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164054795-e1722555574160.jpg?w=2048

Polls now suggest a dead heat between Harris and Trump in swing states, a harsh reminder on the risk of betting on political events.

https://fortune.com/2024/08/01/kamala-harris-poll-surge-fed-rate-cut-trump-trade/


Amazon spent a staggering $30 billion on its cloud platform this year, with plans to increase

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1241181412-e1722554223236.jpg?w=2048

The cloud computing unit, whose customers are mostly businesses, has been attempting to lure in more customers with a service called Amazon Bedrock.

https://fortune.com/2024/08/01/amazon-cloud-microsoft-google-oracle-ai-billions/


Country club settles dispute over lease of 2,000-year-old sacred ceremonial grounds

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1387310285-e1722552920730.jpg?w=2048

History Connection had put the value of the site at about $2 million, while the country club was seeking a much higher amount.

https://fortune.com/2024/08/01/country-club-settles-dispute-over-lease-of-2000-year-old-sacred-ceremonial-grounds/


A luxury resort owned by West Virginia’s millionaire governor is being auctioned over unpaid debts

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162326543-e1722546894961.jpg?w=2048

The Greenbrier hotel, near White Sulphur Springs, was listed for auction Wednesday — only the latest development in the Justice family's financial woes.

https://fortune.com/2024/08/01/jim-justice-property-auction-west-virginia-greenbrier/


Intel slashes 18,000 jobs and suspends dividend to better compete with chip rivals Nvidia and AMD

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155355742-e1722546238854.jpg?w=2048

The company plans to cut 15% of its massive workforce as it tries to rectify its flailing chip business.

https://fortune.com/2024/08/01/intel-layoffs-earnings-profits/


The ice bucket challenge is back. A decade after the viral campaign, organizers are once again fundraising to find a cure for ALS

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164164145-e1722542401849.jpg?w=2048

There's no known cure for ALS, a progressive neurodegenerative disease that leads to paralysis due to the death of motor neurons in the spinal cord and brain.

https://fortune.com/well/2024/08/01/als-ice-bucket-challenge-returns-lou-gehrigs/


Does Medicare cover knee replacement surgery?

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1347484703-e1722538106185.jpg?w=2048

The average age to receive a knee or hip replacement is 65 making these surgeries common among Medicare beneficiaries.

https://fortune.com/well/article/does-medicare-cover-knee-replacement-hip-replacement/


Google’s Olympics ad was designed to be uplifting. Instead, many are finding it dystopian.

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1488917508-e1722539797756.jpg?w=2048

The company showed how AI can help kickstart the writing process, but some just find it “tone deaf.”

https://fortune.com/2024/08/01/google-olympics-advertisement-gemini-ai-reactions/


Luxury pilgrimages bring tourists to Japan to scoop up high-end goods. Brands like LVMH would rather they not

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1243345346-e1722536371591.jpg?w=2048

Japan’s weak yen means travelers can get hefty discounts on Louis Vuitton handbags and TAG Heuer watches.

https://fortune.com/2024/08/01/luxury-japan-tourism-lvmh-weak-yen-china/


Korean Air is ditching instant noodles for economy passengers—but wealthy fliers can still have them

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1885809557-e1722535912437.jpg?w=2048

Noodles are still on the menu for Korea Air's business- and first-class travelers.

https://fortune.com/2024/08/01/korean-air-flights-ditch-instant-noodles-turbulence-burns/


Biden administration cracks down on airline seating fees that can run $200 a trip

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2161962204-e1722532465631.jpg?w=2048

“Flying with children is already complicated enough without having to worry about that,” U.S. Transportation Secretary Pete Buttigieg said.

https://fortune.com/2024/08/01/airline-fees-family-seating-biden-rule-department-of-transportation/


How to watch Simone Biles and the gymnastic all-around finals in the 2024 Olympics for free and without cable

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164028616.jpg?w=2048

Biles aims to become the third woman to win two Olympic all-around titles.

https://fortune.com/2024/08/01/watch-2024-paris-summer-olympics-simone-biles-stream-live-online-free-without-cable-what-channel-nbc-peacock-day-six/


Inside the Army’s failed $11 million marketing deal with Dwayne ‘The Rock’ Johnson

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1434720415-e1722524085128.jpg?w=2048

The Army thought it was getting one thing. But The Rock didn’t deliver.

https://fortune.com/2024/08/01/dwayne-the-rock-johnson-army-marketing-ufl-deal/


7-Eleven begins selling pumpkin-spice … Slurpees

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

Well, at least they're cold...

https://fortune.com/2024/08/01/7-eleven-pumpkin-spice-slurpees/


Airlines cancel flights to Israel as Middle East girds itself for Iran’s response to Hamas assassination

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1980446028-e1722514666733.jpg?w=2048

On the 300th day of the Gaza war, Israeli forces announce they have eliminated the military commander of Hamas in Gaza, Mohammed Deif.

https://fortune.com/2024/08/01/israel-hamas-gaza-war-iran-airlines-flights-cancel-middle-east/


Accused 9/11 mastermind Khalid Sheikh Mohammed agrees to plead guilty to al-Qaida attack

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24213800739725-e1722514236778.jpg?w=2048

The development points to a long-delayed resolution in an attack that killed thousands and altered the course of the United States and much of the Middle East.

https://fortune.com/2024/08/01/9-11-mastermind-khalid-sheikh-mohammed-plead-guilty-al-qaida-attack/


Samsung chips boss warns that firm risks getting caught in ‘vicious cycle’ because it’s ‘hiding or avoiding problems’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2131328195-e1722513563246.jpg?w=2048

Jun Young-hyun, who ascended to the role after his predecessor allowed SK Hynix to take a big lead in AI memory chips, said his division’s recent turnaround was based largely on a market rebound.

https://fortune.com/asia/2024/08/01/samsung-chips-boss-jun-young-hyun-warns-firm-risks-vicious-cycle/


Investors have a ‘tough time’ with AI because it’s hard to tell ‘what’s a thin layer on top of what IBM is doing…and what’s truly valuable’

https://fortune.com/img-assets/wp-content/uploads/2024/08/53892393221_b65e4bca12_o-e1722511432690.jpg?w=2048

Investors agree its tricky because things like large language models have been commoditized, and even investors differ on what's the source of value.

https://fortune.com/asia/2024/08/01/investors-tough-time-ai-thin-layer-ibm-truly-valuable/


China’s gig workers stress over their incomes as Baidu ‘silly radish’ robotaxis flood the streets

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2152484505-e1722511154929.jpg?w=2048

More than 500 electric robotaxis built by Baidu Inc. currently ply Wuhan's streets, with plans for an additional 1,000 to be deployed by year-end.

https://fortune.com/asia/2024/08/01/china-gig-workers-incomes-baidu-silly-radish-robotaxis-flood-streets/


Americans: If you want to move abroad because of the election, Spain is your best bet

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1327243154-e1722507292213.jpg?w=2048

Looking to leave the U.S. amid the political upheaval? If you can do your job remotely, research shows that Spain comes out on top.

https://fortune.com/europe/2024/08/01/americans-move-abroad-election-spain-global-citizen-solutions/


Trump tried to sway the Fed and now Powell is fighting back

https://fortune.com/img-assets/wp-content/uploads/2024/08/Copy-of-FeatTemplate-50.jpg?w=2048

Fighting words: "We're a non political agency. We don't want to be involved in politics in any way."

https://fortune.com/2024/08/01/donald-trump-fed-rate-jerome-powell/


Uber teams up with China’s BYD to offer 100,000 discounted EVs for drivers in Europe and Latin America

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2158860522-e1722506020764.jpg?w=2048

The tie-up is expected to expand in the future to include the Middle East, Australia and New Zealand.

https://fortune.com/europe/2024/08/01/uber-teams-up-with-chinas-byd-to-offer-100000-discounted-evs-for-drivers-in-europe-latin-america/


Lahaina locals close to $4 billion settlement over massive 2023 Maui wildfire, Hawaii Gov. Josh Green says

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24213755502077-e1722506436609.jpg?w=2048

The settlement could come days before the one-year anniversary of the fire that killed 102 people and wiped out historic Lahaina.

https://fortune.com/2024/08/01/lahaina-locals-4-billion-settlement-2023-maui-wildfire-hawaii-josh-green/


Resilience returns: Rolls-Royce shares surge to a record as new CEO’s fiscal discipline pays dividends

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The stock soared as much as 12% in London—the highest since Rolls-Royce started trading as a public company.

https://fortune.com/europe/2024/08/01/resilience-returns-rolls-royce-shares-surge-to-a-record-as-new-ceos-fiscal-discipline-pays-dividends/


China is banning the export of drones that can be used for military purposes or terrorism

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2161894707-e1722504724885.jpg?w=2048

The Commerce Ministry said in a statement Wednesday the decision was made also to prevent the use of drones in “the proliferation of weapons of mass destruction."

https://fortune.com/asia/2024/08/01/china-banning-export-drones-military-purposes-terrorism/


UAW endorses Kamala Harris, boosting her in ‘blue-wall’ industrial states

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UAW President Shawn Fain said in a statement that the union's “job” in this year's election was to defeat Trump.

https://fortune.com/2024/08/01/uaw-endorses-kamala-harris-blue-wall-industrial-states/


Mohari outbids LVMH’s Bernard Arnault by €309 million in battle over Venice’s iconic Hotel Bauer

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1498692757-e1722502564887.jpg?w=2048

King Street Capital Management has been running the process to sell the Venetian hotel, one of the erstwhile jewels of the Signa real estate empire founded by Rene Benko.

https://fortune.com/europe/2024/08/01/mohari-outbids-lvmhs-billionaire-bernard-arnault-by-309-million-in-battle-over-venices-iconic-hotel-bauer/


AI will transform even the humble PC, tech leaders say, as the hardware story moves beyond just data centers

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An AI story focused on the cloud "has limitations in terms of how much it can reach,” sad HP Greater Asia managing director Vinay Awasthi.

https://fortune.com/asia/2024/08/01/ai-will-transform-even-humble-pc-data-centers-cloud-computing-brainstorm-ai-singapore/


Educators are leveraging AI to make the job of teaching easier—and make it more than a way to cheat on homework

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Teachers are asking AI developers for assistance in planning lessons and motivating students, Pandai founder Khairul Anwar said at Fortune Brainstorm AI Singapore.

https://fortune.com/asia/2024/08/01/ai-can-help-teachers-educators-students-cheating-chatgpt-homework-brainstorm-ai-singapore/


Syngenta CEO Jeff Rowe is incorporating AI and taking inspiration from timeless classics to help feed 8 billion people

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Today Fortune speaks with Jeff Rowe to learn more about Syngenta's peculiar ownership structure, his farmer outfits and his love for the all-American John Deere.

https://fortune.com/europe/2024/08/01/syngenta-ceo-agenda-jeff-rowe-incorporating-ai-taking-inspiration-from-timeless-classics-to-help-feed-8-billion-people-sinochem-china-john-deere-remarkable-farmers/


Mark Zuckerberg sees a WhatsApp boom in the U.S. as a game changer

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2148555413-e1722470676499.jpg?w=2048

The Meta Platforms CEO anticipates a “big tailwind” if the messaging app is able to attain some of the popularity in the U.S. that it already enjoys overseas.

https://fortune.com/2024/07/31/meta-mark-zuckerberg-whatsapp-us-users/


Black and minority farmers get $2 billion in payments after USDA acknowledges years of discrimination

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USDA Secretary Tom Vilsack told reporters that the aid “is not compensation for anyone’s loss or the pain endured, but it is an acknowledgment by the department.”

https://fortune.com/2024/07/31/black-and-minority-farmers-get-2-billion-usda/


Mark Zuckerberg says Meta’s AI tool is on pace to be the ‘most used’ in the world

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Meta reported stronger-than-expected results for the second quarter on Wednesday, sending shares sharply higher in after-hours trading.

https://fortune.com/2024/07/31/mark-zuckerberg-metas-ai-tool-world/


Elon Musk accepts a challenge to fight a Venezuelan strongman: ‘He will chicken out’

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Musk previously waffled on a cage match with Meta CEO Mark Zuckerberg.

https://fortune.com/2024/07/31/elon-musk-venezuela-maduro-zuckerberg-meta-fight/


Michigan Republicans’ bait-and-switch on minimum wage laws ran afoul of the constitution, court rules

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1248342643-e1722462176201.jpg?w=2048

“Allowing the Legislature to bypass the voters and repeal the very same law it just passed in the same legislative session thwarts the voters’ ability to participate,” Justice Elizabeth Welch wrote.

https://fortune.com/2024/07/31/michigan-republicans-minimum-wage-unconstitutional-court/


How to become a nurse

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Nursing is a rewarding, well paying, and in-demand field with roughly 193,100 job openings projected each year.

https://fortune.com/education/careers/how-to-become-a-nurse/


CD rates are at a 3-year high—but waiting longer to buy could be a gamble

https://fortune.com/img-assets/wp-content/uploads/2022/12/Recommends_CD_rates_what_to_do_with_savings.jpg?w=2048

Should you invest in a CD? Current rates could make today an ideal time to invest.

https://fortune.com/recommends/banking/should-you-open-certificate-of-deposit-now-or-wait/


Lululemon’s ‘long butt’ leggings are snatched off the shelves after customer complaints

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The athleisure brand’s new pants are aggressively drawing attention to a back seam with an unflattering effect, customers say.

https://fortune.com/2024/07/31/lululemon-long-butt-leggings-customer-complaints-seam/


‘The whole office smelled like vomit’—100+ fall ill at TikTok parent company Bytedance after mass food poisoning outbreak

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“The toilets were all full and there were people lying on the floor,” one employee said.

https://fortune.com/2024/07/31/tiktok-bytedance-food-poisoning-singapore/


Fed keeps rates flat despite economists’ warnings it’s making a mistake

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At a closely watched meeting Federal Reserve Chair Jerome Powell hinted that a much-anticipated rate cut will happen this year.

https://fortune.com/2024/07/31/federal-reserve-rate-jerome-powell-inflation-unemployment-economy-interest-rates-money/


McDonald’s McSlump is a symptom of the ‘constant drumbeat’ of the election, Columbia professor says

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-522828862-e1722446553567.jpg?w=2048

The election is making people think the economy is worse than it really is.

https://fortune.com/2024/07/31/mcdonalds-sales-earnings-election-vibecession-inflation-columbia-professor-stephen-zagor/


Relief rally in Nvidia cannot hide likelihood stock has entered bear market territory after losing nearly $800 billion

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Prior to its Wednesday rebound, the market cap of Jensen Huang's chip company fell by nearly as much as the entire value of Elon Musk's Tesla.

https://fortune.com/2024/07/31/nvidia-tesla-stock-correction-bear-market-chipmakers-semiconductors-tsmc-genai/


How to watch Katie Ledecky and Team USA men’s basketball in the 2024 Olympics for free and without cable

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Swim superstar tackles her signature event.

https://fortune.com/2024/07/31/watch-2024-paris-summer-olympics-katie-ledecky-stream-live-online-free-without-cable-what-channel-nbc-peacock/


Taco Bell is bringing AI to hundreds of drive-thrus nationwide

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1215824263-e1722435592847.jpg?w=2048

Move comes just a month after McDonald’s pulled back on the practice.

https://fortune.com/2024/07/31/taco-bell-ai-drive-thru/


Drug cartels are distorting Mexico’s economy by hitting big corporations—’we are hostages’

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Hours after the head of the business chambers' federation in Tamaulipas state gave TV interviews complaining about extortion, he was shot to death outside his offices.

https://fortune.com/2024/07/31/drug-cartels-mexico-economy-hitting-big-corporations-femsa/


Meet Robert ‘Kelly’ Ortberg, Boeing’s next CEO and the man responsible for turning around the beleaguered aerospace giant

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“He is a deeply respected leader in the aerospace industry, and brings more hope for a better future than the company has enjoyed in decades,” said one longtime analyst.

https://fortune.com/2024/07/31/boeing-names-robert-kelly-ortberg-ceo-career/


Delta CEO says the CrowdStrike outage cost the airline $500 million and ‘tens of millions of dollars per day in compensation’

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1244585437-e1722438070324.jpg?w=2048

Delta was by far the hardest hit hard by the CrowdStrike outage, having to cancel thousands of flights.

https://fortune.com/2024/07/31/delta-crowdstrike-outage-cost-compensation-ed-bastian/


Elon Musk says society will ‘crumble’ if people don’t have more children—but even DINKs don’t want to splash out on childcare

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61% of DINKs—that is, “double income, no kids”—said they could comfortably afford children, but that’s not how they want to spend their money.

https://fortune.com/2024/07/31/elon-musk-says-society-will-crumble-if-people-dont-have-more-children-but-even-dinks-dont-want-to-splash-out-on-childcare/


Spirit tries to shed its budget reputation with higher-end ticket tiers that include blocking off the seat next to you

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2151780127-e1722435669575.jpg?w=2048

Business class seats are also on the way, kind of.

https://fortune.com/2024/07/31/spirit-airlines-blocking-off-seat-business-class/


12 best cash back credit cards: Up to 5% back

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These cash back credit cards can put hundreds of dollars back in your pocket.

https://fortune.com/recommends/credit-cards/best-cash-back-credit-cards/


Inflation rears its ugly head in Europe, putting the European Central Bank in a fix—once again

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An increase in the price of theater tickets, restaurant meals and hotel rooms threatens to derail the ECB's expected rate cut in September.

https://fortune.com/europe/2024/07/31/inflation-rears-its-ugly-head-in-europe-putting-the-european-central-bank-in-a-fix-once-again-ecb-gdp/


Why Juice Generation’s CEO never took investor money—or expanded outside New York

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To the former swim coach, success doesn't equal scale, no matter what his competitors think.

https://fortune.com/2024/07/31/eric-helms-juice-generation-ceo-interview/


Oil price surges after assassination of Hamas leader in Iran, sparking new fear of war and inflation

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‘It may get Netanyahu the war he’s been looking for,’ warns foreign policy expert Trita Parsi.

https://fortune.com/2024/07/31/oil-price-brent-assassination-hamas-ismail-haniyeh-iran-israel-gaza/


StubHub sued by Washington, D.C., over claims it inflated ticket prices with deceptive fees

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The attorney general for Washington, D.C., sued StubHub, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees.

https://fortune.com/2024/07/31/stubhub-sued-washington-dc-inflated-ticket-prices-deceptive-fees/


Biden administration rule forcing airlines to clearly disclose fees can’t go into effect, court rules

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The airline trade group said that the rule would confuse consumers by giving them too much information when buying tickets.

https://fortune.com/2024/07/31/biden-administration-rule-airlines-disclose-fees-blocked-court/


Only an AI breakthrough can help humans live longer, argues drug developer: ‘We need a ChatGPT moment in longevity’

https://fortune.com/img-assets/wp-content/uploads/2024/07/53891057710_6520938d70_o-e1722423725669.jpg?w=2048

Insilico Medicine's founder warns behavioral modification through sleep, diet and exercise has exhausted its potential to extend the average lifespan.

https://fortune.com/asia/2024/07/31/ai-health-aging-longevity-wellness-disease-drugs-pharmaceuticals-insilico-brainstormai/


$13 billion an Hermès heir wanted to leave to his gardener has seemingly vanished

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Puech says the majority of his fortune—which he wished an employee to inherit—was in Hermès stock which has been sold.

https://fortune.com/europe/2024/07/31/hermes-heir-shares-vanished-gardener-inheritance/


How Hungary’s prime minister Viktor Orbán used a sprawling media empire to dominate the nation’s democracy

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The government's efforts to control media have buoyed. Hungary spent the most in the whole EU—nearly $4.8 million, on political ads on platforms owned by Meta.

https://fortune.com/europe/2024/07/31/how-hungarys-prime-minister-viktor-orban-used-a-sprawling-media-empire-to-dominate-damage-the-nations-democracy-meta-ads/


Boar’s Head expands listeria outbreak recall to 7 million more pounds of deli meats made in Virginia

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1806590155-e1722421263560.jpg?w=2048

The new recall includes 71 products made between May 10 and July 29 under the Boar's Head and Old Country brand names.

https://fortune.com/well/2024/07/31/boars-head-expands-listeria-outbreak-recall-7-million-pounds-deli-meats-virginia/


Despite steep 38% tariffs, Stellantis begins EV rollout in Europe under Chinese joint venture

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The vehicles will be sold at 200 locations in Europe by the end of this year, more than doubling to 500 by the end of 2026.

https://fortune.com/europe/2024/07/31/despite-steep-38-tariffs-stellantis-begins-ev-rollout-in-europe-under-joint-venture-china-leapmotor/


California crypto entrepreneur who tried to let people bet on the future reputation of celebrities has been arrested for fraud

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1443552841-e1722417768314.jpg?w=2048

The BitClout platform invited investors to monetize their social media profile and to invest in the profiles of others through “Creator Coins” whose value was “tied to the reputation of an individual”, the SEC said.

https://fortune.com/crypto/2024/07/31/california-entrepreneur-people-bet-future-reputation-celebrities-arrested-fraud/


Paris ‘flipped the coin’ and took a €1.4 billion gamble against climate change with its plan for the Olympics—and lost

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Organizers believed their huge investment in the River Seine's defences would protect the Paris Olympics, but within hours the river was overwhelmed.

https://fortune.com/europe/2024/07/31/paris-flipped-the-coin-took-a-1-4-billion-gamble-against-climate-change-with-its-plan-for-the-olympics-and-lost-heavy-rains-athletes/


NYC is finally shutting down hundreds of unlicensed weed stores that opened after state legalized marijuana in 2021

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Enforcement used to be “kind of a joke, and now it's not," said Sasha Nutgent, retail director of Manhattan’s Housing Works Cannabis Co.

https://fortune.com/2024/07/31/nyc-shutting-down-hundreds-unlicensed-weed-stores-legalized-marijuana-2021/


Tesla that killed a motorcyclist near Seattle was operating on its ‘Full Self Driving’ system when it crashed

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24212833012499-e1722414578530.jpg?w=2048

Investigators from the Washington State Patrol made the discovery after downloading information from the event-data recorder on the 2022 Tesla Model S.

https://fortune.com/2024/07/31/tesla-killed-motorcyclist-seattle-full-self-driving-system-crash/


Heritage Foundation’s Project 2025 director steps down after blowback from Trump camp over group’s plan for his administration

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24212709015193-e1722414027510.jpg?w=2048

Heritage Foundation President Kevin Roberts said Paul Dans’ exit comes after the project “completed exactly what it set out to do."

https://fortune.com/2024/07/31/heritage-foundation-project-2025-director-steps-down-blowback-trump-camp/


Amazon CEO Andy Jassy says sucking up to your boss won’t earn their trust

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1445867611_9b4d23-e1722412614655.jpg?w=2048

Want to earn the trust of your boss and peers? Sucking up to them won’t do the trick, says Amazon’s CEO Andy Jassy.

https://fortune.com/2024/07/31/amazon-ceo-andy-jassy-nice-earn-trust/


Slow wage growth, soaring rent, and damp-infested flats have created an existential risk for London, leaving millennials asking why they still live there

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-874016890-e1722332008181.jpg?w=2048

Young professionals are sometimes spending more than half their wage on rent. When will breaking point come?

https://fortune.com/europe/2024/07/31/slow-wage-growth-rent-damp-infested-flats-existential-risk-london-millennials-why-live-there/


Microsoft’s cloud business is powering its profits—but there’s still some disappointment

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2153349095-e1722394861964.jpg?w=2048

Microsoft's growth was led by its cloud computing business, where quarterly revenue rose 19% to $28.5 billion.

https://fortune.com/2024/07/30/microsofts-cloud-business-is-powering-its-profits-but-theres-still-some-disappointment/


Pennsylvania casinos sue to declare $1 billion in slot machine taxes unconstitutional—unless electronic games also pay up

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1273204698-e1722375153971.jpg?w=2048

Casino owners claim a slot-machine tax is unconstitutional because the state doesn't impose it on electronic "skill games" found in many bars and stores.

https://fortune.com/2024/07/30/pennsylvania-casinos-tax-slot-machines-lawsuit/


Labor leader behind Amazon’s only unionized U.S. warehouse is toppled from the union he helped launch

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1251631673.jpg?w=2048

Members of the Amazon Labor Union voted out Chris Smalls in favor of a reformist slate as they bargain with the retail giant for a contract.

https://fortune.com/2024/07/30/amazon-labor-union-chris-smalls-labor-vote/


Citi shed its ‘laughingstock’ label—and is now outperforming every other big bank

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1243425309.jpg?w=2048

America’s largest banks are destroying the S&P 500, beating it by an average of 67%, but the perennial under-performer Citi is now leading the way

https://fortune.com/2024/07/30/citi-shed-its-laughingstock-label-and-is-now-outperforming-every-other-big-bank/


Small cars are back because that’s all Americans can afford

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1288002772-e1722368945639.jpg?w=2048

The Ozempic economy has come for American SUVs.

https://fortune.com/2024/07/30/small-cars-trucks-inflation-ozempic-monster-auto/


McDonald’s gargantuan ‘Big Arch’ burger contains two-thirds of your daily caloric intake—and that’s with no fries or drink

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1134008-e1722368232134.jpg?w=2048

The fast-food giant is launching its mammoth new menu item in select international markets.

https://fortune.com/2024/07/30/mcdonalds-big-arch-burger-calories-ingredients/


How often should you shower? Experts settle the debate

https://fortune.com/img-assets/wp-content/uploads/2023/07/GettyImages-486775591-e1689962294901.jpg?w=2048

The four things you’re probably getting wrong about your shower routine.

https://fortune.com/well/article/how-often-should-you-shower/


Singapore’s minister says AI is not the new oil—it’s way better

https://fortune.com/img-assets/wp-content/uploads/2024/07/53890550421_f5ea6d5d0e_o-e1722365595378.jpg?w=2048

Singapore's minister for digital development and information explained why the country is poised to be an AI powerhouse.

https://fortune.com/asia/2024/07/30/ai-vs-oil-singapore-minister-josephine-teo-interview/


‘Pommel horse guy’ and Olympic sensation Stephen Nedoroscik has two vision-impairing conditions—but that didn’t hold him back from being a champion

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-pommel-horse-guy-e1722365226767.jpg?w=2048

Olympian Stephen Nedoroscik astounded audiences on the pommel horse.

https://fortune.com/well/article/stephen-nedoroscik-pommel-horse-guy-paris-2024-vision-impaired/


Simone Biles’ triumphant Olympics comeback is a testament to something quite ordinary: consistent therapy

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2163621622-e1722362382712.jpg?w=2048

The gymnast takes on Olympics again as a mentor and mental-health advocate, too

https://fortune.com/well/2024/07/30/simone-biles-triumphant-olympics-comeback-is-a-testament-to-something-quite-ordinary-consistent-therapy/


Housing bust forecaster ‘Poison Ivy’ Zelman warns: affordability grind isn’t going away any time soon

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-98842857-1-e1722362458205.jpg?w=2048

While she sees further home price deceleration and a dip in mortgage rates, Zelman says cost is the biggest risk to the housing market.

https://fortune.com/2024/07/30/housing-market-analyst-poison-ivy-zelman-affordability-grind/


The C-suite is fawning over AI, but workers say its productivity gains are a mirage

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1469453659-e1722361283653.jpg?w=2048

More than half of employees surveyed by freelancing platform UpWork said they are struggling to meet rising employer demands.

https://fortune.com/2024/07/30/ai-productivity-gains-mirage-workers-less-productive-upwork/


Heineken is blaming the weather—yes, the weather—for its disappointing sales

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2161515902-e1722360239810.jpg?w=2048

“The weather has been significantly below long-term averages and below last year, impacting our business,” CEO Dolf van den Brink said.

https://fortune.com/2024/07/30/heineken-euros-soccer-earnings-sales-weather-olympics/


Tech stocks’ wild ride makes the case for index-fund investing, says Wall Street guru Burt Malkiel

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2163516206_8eec76-e1722341900293.jpg?w=2048

"Among the worst mistakes is to get swept up in either extreme euphoria or in waves of unrelenting pessimism."

https://fortune.com/2024/07/30/tech-stocks-wild-ride-makes-the-case-for-index-fund-investing-says-wall-street-guru-burt-malkiel/


Watch how the USA gymnastics team’s $3,000 leotards with 47,000 crystals are made

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2164028616.jpg?w=2048

The Olympics gymnastics tumbling floor is basically a designer runway.

https://fortune.com/2024/07/30/usa-gymnastics-leotards-crystals-cost-design-gk-elite-video/


The ‘Trump Dump’ is back—and the stocks that he targets are crashing

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2161990235-e1722356517795.jpg?w=2048

A second Trump term would likely be very different from the corporate-friendly deregulatory agenda that largely defined his first.

https://fortune.com/2024/07/30/trump-dump-stocks-targets-crashing-markets-finance-politics/


I’m an obesity medicine doctor and I’ve been on weight-loss drugs like Ozempic for a decade. Here’s why I think they aren’t a fad

https://fortune.com/img-assets/wp-content/uploads/2024/07/Angela-Fitch-knownwell-ozempic-wegovy-e1722355077629.jpg?w=2048

Most diseases can’t be treated solely with lifestyle intervention, and obesity is no exception.

https://fortune.com/2024/07/30/obesity-medicine-weight-loss-drugs-wegovy-ozempic-healthcare/


Cloud architects earn six figures in all 50 states, on average. These are the answers to your top salary questions

https://fortune.com/img-assets/wp-content/uploads/2024/07/Cloud-architect-salary-GettyImages-1710421116.jpg?w=2048

Cloud architects are in high demand—and earn over $100k—because of more sensitive data being stored in the virtual world than ever before.

https://fortune.com/education/careers/cloud-architect-salary/


McDonald’s CEO blames Muslims’ Gaza boycott for first quarterly sales drop since COVID

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1243427936.jpg?w=2048

The fast food restaurant chain is losing customers following a boycott of its Israeli franchisee.

https://fortune.com/2024/07/30/mcdonalds-gaza-boycott-israel-muslims-france-quarterly-sales-kempczinski/


Navigating cultural differences and digital-savvy customers will be key to scaling AI adoption in Asia, tech executives say

https://fortune.com/img-assets/wp-content/uploads/2024/07/53890908206_df0a2cac1b_o-e1722352735619.jpg?w=2048

For example, Asian companies tend to hire lots of narrowly focused knowledge workers, unlike the U.S., noted Thinking Machines founder Stephanie Sy.

https://fortune.com/asia/2024/07/30/ai-rollout-asia-navigate-cultural-differences-digital-savvy-consumers-brainstorm-ai-singapore/


The rise of Kamala Harris proves Indian-Americans’ winning bet on assimilation is paying off

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2162425844.jpg?w=2048

Indian-Americans have served at all levels of government. Their secret? Assimilation.

https://fortune.com/2024/07/30/rise-kamala-harris-indian-american-winning-bet-assimilation-paying-off-politics-success/


Can the rest of the world catch up to the U.S. and China on AI? ‘Make a virtue of your small size,’ experts say

https://fortune.com/img-assets/wp-content/uploads/2024/07/53890990705_ae56afbc88_o-e1722343397835.jpg?w=2048

"If you can’t beat them on quantity, you can at least try to compete on quality."

https://fortune.com/asia/2024/07/30/can-small-economies-catch-up-china-us-on-ai-brainstorm-ai-singapore/


I founded a test prep platform for software engineers. Forget the hype: AI can’t replace them

https://fortune.com/img-assets/wp-content/uploads/2024/07/Winston-Tang_headshot-e1722289814654.jpg?w=2048

Software engineers have nothing to fear career-wise from code-generating AI tools, says LeetCode founder Winston Tang.

https://fortune.com/2024/07/30/ai-cannot-replace-software-engineers-or-threaten-their-careers/


Harris most likely to pick Kelly, says Polymarket

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2162816553-e1722344264407.jpg?w=2048

Polymarket correctly anticipated Trump's pick of JD Vance, and gave early signals of Biden's resignation.

https://fortune.com/crypto/2024/07/30/harris-vp-pick-polymarket/


Whole Foods’ 46-year-old CEO works out twice a day and ‘fully uses up’ his PTO. His keys to work-life balance

https://fortune.com/img-assets/wp-content/uploads/2024/07/Untitled-design.jpg?w=2048

The CEO of Whole Foods Market doesn’t believe in skimping on PTO.

https://fortune.com/well/article/whole-foods-ceo-workout-wellness-routine/


Germany remains the eurozone’s troubled economic child holding back Europe, while the U.S. dominates

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1335965597-e1722343768346.jpg?w=2048

"If the eurozone wants to catch up with the U.S. economically, it needs to raise its productivity and increase investment in productive capital.”

https://fortune.com/europe/2024/07/30/germany-remains-eurozone-troubled-economic-child-sets-back-europe-while-u-s-continues-to-lead-the-way/


Blackbird, the hot new restaurant app, now lets diners settle the check with crypto

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1232608740-e1722280426300.jpg?w=2048

Restaurant loyalty app Blackbird Labs today announced a new end-to-end payment system that allows customers to pay for their meal on-chain.

https://fortune.com/crypto/2024/07/30/blackbird-the-hot-new-restaurant-app-now-lets-diners-settle-the-check-with-crypto/


Eager to make six figures? Explore the salary of information technology—an industry that continues to grow

https://fortune.com/img-assets/wp-content/uploads/2024/07/Information-technology-salary.jpg?w=2048

With median salaries above $130,000 for many roles, IT is not an industry to pass up on.

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


Tesla is recalling over 1.8 million vehicles because the hood can open while the car is moving

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24212382024370-e1722340507541.jpg?w=2048

Elon Musk's Tesla is recalling some 2021-2024 Model 3, Model S, Model X, and 2020-2024 Model Y vehicles because the hood latch assembly may fail to detect an unlatched hood.

https://fortune.com/2024/07/30/tesla-recalling-million-vehicles-hood-can-open-car-moving/


Trump camp says he would repeal Biden’s ‘dangerous’ AI order that ‘hinders’ innovation

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2151026150-e1722338888180.jpg?w=2048

But while the rhetorical differences are sharpening, “there's a lot of similarity” between how the Trump and Biden administrations approached AI policy, a tech lobbyist says.

https://fortune.com/2024/07/30/trump-camp-repeal-biden-dangerous-ai-order-hinders-innovation/


Today’s Fed meeting is merely a warm-up act for September, according to Wall Street

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2161551435-e1722334058710.jpg?w=2048

Wall Street analysts are not waiting to hear the outcome of today's FOMC discussions. Instead, they want after clues about Q3.

https://fortune.com/2024/07/30/fed-meeting-warm-up-september-cut-analysts/


U.S. to give Philippines $500 million in military funding amid worries about China’s aggression

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24212077150062-e1722336852384.jpg?w=2048

President Ferdinand Marcos Jr. has fortified Manila’s decades-old treaty alliance with Washington as hostilities between Philippine and Chinese forces flared since last year in the disputed South China Sea.

https://fortune.com/asia/2024/07/30/us-philippines-500-million-military-funding-worries-china-aggression/


Senate set to pass internet safety bill pushed by parents of kids who died by suicide

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-494189202-e1722334914579.jpg?w=2048

It would be the first major effort by Congress in decades to hold tech companies more accountable for the harm that they cause.

https://fortune.com/2024/07/30/senate-internet-safety-bill-pushed-parents-kids-died-by-suicide/


California man fights state’s largest wildfire to within 70 feet of his house one month after insurance company drops his coverage

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24211186454077-e1722333114864.jpg?w=2048

Ron Ward had lost insurance coverage as companies increasingly drop California homeowners due to the growing risk of wildfires in the state, in part due to hotter weather and arid conditions caused by climate change.

https://fortune.com/2024/07/30/california-man-fights-wildfire-70-feet-house-insurance-company-drops-coverage/


White House says there’s no need to restrict ‘open source’ AI—for now at least

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1765585110-e1722331989331.jpg?w=2048

“We recognize the importance of open systems," said Alan Davidson, an assistant secretary of the U.S. Commerce Department.

https://fortune.com/2024/07/30/white-house-no-need-restrict-open-source-ai-for-now/


Trump says he ‘can also make a case for not’ debating Kamala Harris

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24210092673298-e1722331552229.jpg?w=2048

Trump, in an interview with Fox News Channel that aired Monday night, was pressed several times about committing to debating Harris before giving a squishier answer than he had in recent days.

https://fortune.com/2024/07/30/donald-trump-make-case-for-not-debating-kamala-harris/


How Biden’s enforceable ethics code for the Supreme Court would work

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24211770239915-e1722330188960.jpg?w=2048

There’s almost no chance of the proposal passing a closely divided Congress with Election Day looming, but the ideas could still spark conversation.

https://fortune.com/2024/07/30/how-biden-enforceable-ethics-code-supreme-court-would-work/


Lithium protests in Serbia over deal to cut Europe’s dependency on China for valuable battery element

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2159060299-e1722329150877.jpg?w=2048

Protesters have managed to block the controversial mining projects since 2021, but a new deal with the EU threatens to restart mining operations.

https://fortune.com/europe/2024/07/30/lithium-protests-in-serbia-over-deal-to-cut-europes-dependency-on-china-for-valuable-battery-element-rio-tinto/


Olympic drone scandal: Canada women’s football coach suspended over spying as team CEO admits ‘systemic ethical shortcoming’

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2156400456-e1722327070497.jpg?w=2048

"At the moment we are trying to directly address what appears to look like it could be a systemic ethical shortcoming," said Canada Soccer’s CEO Kevin Blue.

https://fortune.com/europe/2024/07/30/olympic-drone-scandal-canada-womens-football-coach-suspended-over-spying-as-team-ceo-admits-systemic-ethical-shortcoming/


Millennial entrepreneur behind a £35 million supplements startup Heights wishes he could tell his 20-year-old self to ‘sack off NFTs’

https://fortune.com/img-assets/wp-content/uploads/2024/07/Dan-Murray-Serter-Grabble-The-Good-Life.jpg?w=2048

Heights founder unwinds by stroking his cat ‘for hours’, rents out his £2 million home for photoshoots and flies economy to not spoil his two year old daughter.

https://fortune.com/europe/2024/07/30/the-good-life-millennial-entrepreneur-behind-35-million-supplements-startup-heights-dan-murray-serter/


North Carolina Gov. Roy Cooper declined to be a potential VP for Kamala Harris

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24203034475735-e1722303434874.jpg?w=2048

Harris’ team was initially said to looking at about a dozen potential contenders, but the field has narrowed.

https://fortune.com/2024/07/29/kamala-harris-vp-north-carolina-gov-cooper/


‘White Dudes for Harris’ got a surprise visit from the original ‘Dude’ Jeff Bridges

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1246265807-e1722301650870.jpg?w=2048

Organizers of Monday night’s “white dudes” Zoom expect 100,000 attendees to join a gathering featuring appearances from actors including Mark Ruffalo, Sean Astin, Mark Hamill, and Bradley Whitford.

https://fortune.com/2024/07/29/white-dudes-for-harris-jeff-bridges-lebowski-president-campaign-kamala/


Activist investors have sharper claws—and they want board seats

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1820864140-e1722300639663.jpg?w=2048

The Walt Disney showdown with Trian’s Nelson Peltz was the “second-wildest campaign” in 2024, according to a new report.

https://fortune.com/2024/07/29/activist-investors-disney-trian-iger-peltz-board-ceo/


Amazon, Apple, Meta, Microsoft: $9 trillion tech giants to shape Wall Street this week

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2035485482-e1722298373547.jpg?w=2048

Their stock movements carry extra weight on Wall Street because they are among the market’s largest by total value.

https://fortune.com/2024/07/29/amazon-apple-meta-microsoft-mag7-tech-wall-street/


Massachusetts throws $30 million at bankrupt for-profit hospital operator to keep six medical centers running

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2126123261-e1722297479753.jpg?w=2048

Gov. Maura Healey said said “not a dime” will go to Steward but will instead help ensure a smooth transition to new ownership.

https://fortune.com/2024/07/29/massachusetts-boston-hospital-bankrupt-steward/


Wealthy California neighborhood is plagued by a landslide moving 9 inches per week

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2158157014-e1722295436317.jpg?w=2048

Water percolating into the ground is believed to be lubricating the earth.

https://fortune.com/2024/07/29/wealthy-california-neighborhood-landslide-palos-verdes-wayfarer/


Biden reveals bold new boundaries for Supreme Court justices amid ‘crisis of confidence’

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2162706326-e1722291469271.jpg?w=2048

The White House is looking to tap into the growing outrage among Democrats about the court, which has a 6-3 conservative majority.

https://fortune.com/2024/07/29/biden-supreme-court-harris-trump-roe-wade-thomas-alito/


There’s a ‘very low probability’ Trump or Harris will reappoint Jerome Powell as Fed chair, political strategist says

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2161551402_5277bb-e1722288835471.jpg?w=2048

Powell’s dim prospects come despite the Fed chief nearing a huge win: the “softest of soft landings.”

https://fortune.com/2024/07/29/jerome-powell-fed-chair-renomination-donald-trump-kamala-harris-presidential-election/


Americans are cutting back on groceries to pay for AC

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-93259024-e1722288804119.jpg?w=2048

Sweltering summer heat has strained households so severely one-third of Americans are cutting grocery budgets and spending less on entertainment to cover cooling bills.

https://fortune.com/2024/07/29/why-air-conditioning-bills-so-expensive/


One out of every 15 Americans is a millionaire, UBS says

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-154556038-e1722286331679.jpg?w=2048

The U.S. has 22 million people worth at least $1 million, according to UBS, about the same as Western Europe and China combined.

https://fortune.com/2024/07/29/us-millionaires-population-ubs-global-wealth-report-china-europe-americans/


After facing off with John Deere and Tractor Supply, a conservative influencer is targeting Harley Davidson

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2155780025_1fa322-e1722284206807.jpg?w=2048

Activist Robby Starbuck released a nine-minute video on X attacking Harley for promoting “woke” initiatives and holding LGBTQ+ events at their offices.

https://fortune.com/2024/07/29/harley-davidson-john-deere-conservative-boycott-bud-light-dei/


Melinda French Gates says billionaires Ackman, Musk, Thiel don’t count as philanthropists: ‘Go look at their record’

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1258986825-e1722284244228.jpg?w=2048

French Gates helped oversee more than $77 billion in grants since 2000 through the Bill and Melinda Gates Foundation.

https://fortune.com/2024/07/29/melinda-french-gates-ackman-musk-thiel-not-philanthropists/


Does apple cider vinegar really help with weight loss? Experts explain the science-backed benefits and how much to take

https://fortune.com/img-assets/wp-content/uploads/2023/12/GettyImages-1050580190-e1703608163332.jpg?w=2048

Apple cider vinegar does have certain healthful properties. Here are the ones backed by science.

https://fortune.com/well/article/apple-cider-vinegar-benefits-weight-loss-blood-sugar/


Google responds to Elon Musk’s accusations of a ‘search ban’ on Trump: ‘We’re working on improvements’

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2163528260-e1722281446241.jpg?w=2048

Google says autocomplete, in some instances, is "not working as intended."

https://fortune.com/2024/07/29/google-trump-search-ban-elon-musk-response/


‘The Boys’ actor gets surprisingly candid about how Hollywood pressured her to get a nose job

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2163846424-e1722279109429.jpg?w=2048

Claudia Doumit explains how the entertainment industry sometimes still pushes plastic surgery.

https://fortune.com/2024/07/29/the-boys-actor-claudia-doumit-plastic-survery-nose-job-hollywood-pressure/


Donald Trump agrees to FBI interview about his attempted assassination

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2163528246-e1722279546131.jpg?w=2048

“We want to get his perspective on what he observed,” said Kevin Rojek, the special agent in charge of the FBI’s Pittsburgh field office.

https://fortune.com/2024/07/29/donald-trump-agrees-to-fbi-interview-about-assassination-attempt/


Dolly Parton’s Dollywood hit by flash flooding—’we got trapped in the parking lot’

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2156369949-e1722279128989.jpg?w=2048

The amusement park said it was supporting guests whose vehicles were affected.

https://fortune.com/2024/07/29/dolly-parton-dollywood-hit-by-flash-flooding/


The U.S. imports millions of American flags, nearly all from China. The federal government may start sourcing them domestically

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24211600691991-e1722274949622.jpg?w=2048

The rule change, called the “All American Flag Act,” requires government-purchased flags to be produced entirely with American-made materials as well as manufactured in the U.S.

https://fortune.com/2024/07/29/american-flag-imports-china-federal-government-rules-congress-sourcing/


Trump says the dollar is too strong—but his policies may make it even stronger, bank strategist says

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2163362411-e1722262394218.jpg?w=2048

An immigration clamp down, aggressive tax cuts, and heavy tariffs could lift the U.S. dollar even as Trump tries to fight what he calls a "currency problem."

https://fortune.com/2024/07/29/donald-trump-us-dollar-policies-immigration-tariffs-tax-cuts-inflation/


Half a year after museums closed Native American exhibits, tribes are still waiting for the return of sacred items

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24200671032468-e1722273792559.jpg?w=2048

Museums are reviewing thousands of ceremonial items and human remains sacred to indigenous tribes. Some say they're dragging their feet.

https://fortune.com/2024/07/29/museum-native-american-remains-return/


Half a year after museums closed Native American exhibits, tribes are still waiting for the return of sacred items

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1421522013-e1722271942886.jpg?w=2048

Museums are reviewing thousands of ceremonial items and human remains sacred to indigenous tribes. Some say they're dragging their feet.

https://fortune.com/2024/07/29/museum-native-american-remains-return/


Calls to poison control centers are surging thanks to a bumper crop of wild mushrooms in the Midwest

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1421522013-e1722271942886.jpg?w=2048

“I'm not sure what motivates them to eat something when you don't know what it is, but some people do that,” said one professional forager.

https://fortune.com/2024/07/29/poison-control-mushrooms-midwest/


Federal agents raid glass plant featured in Netflix’s Oscar-winning film ‘American Factory’

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1175756658-e1722271062383.jpg?w=2048

Fuyao Glass America said it was told by authorities that a third-party employment company was at the center of the criminal investigation.

https://fortune.com/2024/07/29/federal-agents-investigation-glass-plant-fuyao-netflix-oscar-american-factory/


Here’s what to watch Monday in the 2024 Olympics (and how to watch and stream for free without cable)

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2163681597-e1722262039979.jpg?w=2048

Men’s gymnastics and swimming top the list.

https://fortune.com/2024/07/29/watch-stream-2024-olympics-day-three-for-free-without-cable-what-channel-nbc-peacock/


Apple reportedly in talks for an ad-supported tier of Apple TV+

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1449884657_b3cdf9.jpg?w=2048

The move for an ad tier (for now, only in the UK) would follow that of competitors.

https://fortune.com/2024/07/29/apple-ad-supported-tier-apple-tv-plus/


Donald Trump agrees to FBI interview for assassination attempt probe while gunman’s motive remains a mystery

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24204590727007-e1722267257655.jpg?w=2048

The expected interview with Trump is part of the FBI’s standard protocol to speak with victims during the course of their criminal investigations.

https://fortune.com/2024/07/29/donald-trump-fbi-interview-assassination-attempt-investigation-gunman-motive-thomas-matthew-crooks/


Elon Musk shares video with AI-generated voice of Kamala Harris

https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24210680768282-e1722263130793.jpg?w=2048

“The AI-generated voice is very good,” a digital forensics expert said. “Even though most people won't believe it is VP Harris' voice, the video is that much more powerful when the words are in her voice."

https://fortune.com/2024/07/29/elon-musk-deepfake-video-ai-generated-voice-kamala-harris-election/


Justice Dept. says TikTok could allow China to influence elections

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2160925751-e1722261896886.jpg?w=2048

DoJ warned the app could allow a foreign government to "illicitly interfere with our political system and political discourse."

https://fortune.com/2024/07/29/justice-dept-tiktok-bytedance-china-influence-elections/


Bitcoin jumps 7% on bullish Trump remarks, reports of a Democratic ‘reset’

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-2163287644-e1722259491600.jpg?w=2048

Token prices are soaring as Donald Trump pledges to make the U.S. a "Bitcoin superpower," and Vice President Kamala Harris' team reach out to crypto executives.

https://fortune.com/crypto/2024/07/29/bitcoin-jumps-7-on-bullish-trump-remarks-reports-of-a-democratic-reset/


Wall Street watcher Burt Malkiel has studied the market for decades. Here are the average investor’s biggest mistakes

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1972341389-e1722015863307.jpg?w=2048

"A dollar today means several dollars less in retirement," says Burt Malkiel.

https://fortune.com/2024/07/29/wall-street-burt-malkiel-biggest-investing-mistakes/


Newest Olympic attack cuts French broadband internet lines

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1243349809-e1722256558776.jpg?w=2048

Fiber optic cables carrying broadband service across France’s southern and eastern regions were cut overnight.

https://fortune.com/europe/2024/07/29/newest-olympic-attack-cuts-french-broadband-internet-lines/


Bosses are making their staff return to the office—or quit (but they’re notably absent themselves)

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-867417054-e1722248775926.jpg?w=2048

Just 7% of CEOs say they go into the office full time, new research shows—that is, despite a quarter believing that a return to the office full-time is a priority.

https://fortune.com/europe/2024/07/29/bosses-staff-return-office-rto-quit-research-absent-workplace-iwg/


Gen X and Boomers are the only ones who can afford to eat at fancy restaurants anymore

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1026796854-e1722249105485.jpg?w=2048

"Consumers are choosing more convenient options, but are they choosing cheaper options? It appears so."

https://fortune.com/2024/07/29/bank-of-america-gen-x-boomers-afford-luxury-dining/