Pop star Debbie Gibson and Terry “Geezer” Butler, co-founder of the heavy metal band Black Sabbath, are singing the same tune when it comes to sparing dogs from medical experiments. The unlikely pair came together Tuesday not for a most…
Across Big Tech, Wall Street, and other major industries, employers have pushed their workforce to embrace artificial intelligence through a mix of tactics that go beyond mere nudging, including tracking how often they are logging into these workplace tools and…
The major human rights funder pledged Wednesday to strengthen interfaith partnerships and protect those facing heightened threats in response to the rising levels of hate against both Jewish and Muslim communities, coinciding with the Israel-Hamas war and the current fragile ceasefire. Last year saw the highest…
Recently, my team built a working clone of Google Sheets in a few days. It’s not as good as the real thing, but at the current pace of AI, it could be soon enough to matter. I spent nearly eight years…
At 9 a.m. Eastern Time today, the price of oil sits at $110.87 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of 44 cents since yesterday morning and roughly $44 more than…
Having advised companies across industries on cost transformations for more than two decades, I’ve seen a growing divide emerge as AI and agentic systems reshape the economics of doing business. It’s clear that most companies still struggle to turn AI…
AI is a bubble and investors shouldn’t fight it, Ohsung Kwon and his colleagues at Wells Fargo recommended in a note to clients this week. Their logic? The amount of capital expenditure (capex) going into AI is simply too big…
Today’s edition was written by Eleanor Pringle, Senior Reporter, Economics and Markets. Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping…
In a new substack post, Michael Burry, the hero ofThe Big Short book and movie, declared that the stock market has “jumped the shark,” and posited that “a complete reversal” in the soaring, tech-laden NASDAQ 100 is at hand. Burry…
In March 2024, Matthew Kelly, a 49-year-old marketing executive from New York, allegedly texted his business partner Stanley Yi Zheng what looked to be a draft pitch to drum up new clients. In the message, sent on Chinese messaging app…