When the Space Shuttle Challenger exploded in 1986, Beth Knobel, a future TV news correspondent, was in graduate school. Emerging from class, she saw TV sets had been set up in the lobby. They were tuned to CNN, the 24/7…
Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the economy’s economic disparities, new research released Wednesday showed. Higher-income households, meanwhile, ratcheted up their spending…
With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war. On…
Steven Roth, chairman and CEO of Vornado Realty Trust—one of New York City’s largest landlords and taxpayers—used his company’s Q1 2026 earnings call on Tuesday to deliver a six-minute rebuke of Mayor Zohran Mamdani, calling his viral “tax the rich”…
When it comes to AI, the Trump Administration has largely positioned itself as the opposite of the Biden White House—criticizing what Trump’s tech policy advisors saw as overly burdensome AI safety efforts and licensing regimes, and embracing an anti-regulation approach.…
The big bet on AI—the near-trillion dollars that hyperscalers are spending to build out the technology’s infrastructure—is predicated on the belief that productivity will skyrocket. If that bet pays off, a new report from policy research center Yale Budget Lab…
Ted Turner was never one to soften a forecast, even when the subject was himself. “At 75, how much longer will I live? Till 80 maybe?” the CNN founder told Fortune‘s Pattie Sellers in a wide-ranging 2013 interview marking his…
Tens of millions of taxpayers may be able to get money back from the IRS for certain penalties and interest they were charged during the COVID-19 pandemic, according to a recent blog post from National Taxpayer Advocate’s Erin M. Collins.…
Green cells whirl around a red-light chamber, propelled by a blade through bubbling water. These little seaweed cells, called gametophytes, will develop into a strain of fast-growing kelp — part of what was once a government-funded initiative to develop sustainable…
Geopolitics are dominating headlines, and trade conflict is accelerating. In this context, countries and companies need to position themselves well in the right industries to sustain profitable growth. What are those industries? The McKinsey Global Institute (MGI) identified 18 “arenas” in 2024—industries…