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  1. While American workers face “forever layoffs” and struggle to find work in today’s tumultuous job market, some are reframing this era of unemployment and finding a silver lining in their personal economic meltdowns. “Laid off in June and the job market is so bad I decided to have a funemployed summer,” one TikTok creator posted earlier this year. Another wrote: “a weekday as a funemployed millennial.” In the video they wake up at 11 a.m. and scroll TikTok for an hour; after breakfast at 1 p.m., they journal, read, think about life, hit the gym, and then call it a day. Some funemployed were laid off. Some quit, lured by voluntary buyout programs. Some simply crav…

  2. Causal dining chains had a pretty bad 2024 when it came to solvency issues. Major chains, including Red Lobster, TGI Fridays, and Roti, all filed for Chapter 11 bankruptcy protection last year. And 2025 doesn’t seem to be fairing better for more restaurants. The latest restaurant chain to file for Chapter 11 bankruptcy protection is the Tex-Mex casual dining chain On The Border Mexican Grill & Cantina. Here’s what you need to know about the company’s bankruptcy filing. Why is On The Border filing for bankruptcy? On March 5, OTB Holding LLC, owner of the On The Border chain, announced it had voluntarily filed for Chapter 11 bankruptcy protection in Georgia. …

  3. Wall Street nudged past yesterday’s record highs in early trading Friday as investors continue to shrug off the U.S. government shutdown, now in its third day. Futures for S&P 500, Nasdaq and the Dow Jones Industrial Average all added 0.2% before the bell. All three closed at record levels on Thursday, boosted by gains of chipmakers and artificial intelligence companies. Markets have largely ignored the shutdown of the U.S. government after Democrat and Republican lawmakers failed to reach agreement on funding. U.S. President Donald The President and congressional leaders were not expected to meet again soon and the Democrats have held fast to their demands to pres…

  4. Like clockwork, 5 p.m. on a Sunday, flashes of unread emails and notifications for tomorrow’s upcoming meetings start. Your shoulders tense, your stomach knots. You have a case of the Sunday scaries. This unsettling feeling is a form of anticipatory anxiety that creeps in as the weekend draws to a close and Monday looms with the responsibilities of the week ahead. If you can relate, you’re not alone: New data suggests the vast majority of workers experience this anxiety, and it also suggests some workers feel it worse than others. Adobe Acrobat surveyed over 1,000 full-time employees and found 82% experience this sense of anxiety before the workweek even begins. …

  5. Thank you for reading Modern CEO. Before we dive into this week’s topic, please check out our first livestreamed event exclusively for Modern CEO subscribers: On Monday, May 18, at 1 p.m. ET, I’m hosting The CEO’s Guide to AI. Matt Fitzpatrick, CEO of Invisible Technologies, will help leaders understand where AI can have an impact—and what’s hype. You can RSVP here, and if you’re not already a subscriber, you can sign up here. And if you have questions for Matt, you can submit them to stephaniemehta@mansueto.com. One of my first Modern CEO newsletters highlighted the opportunity for CEOs to have constructive conversations with organized labor. It was a contrary take a…

  6. Bad, yet still pretty good, American cheese refuses to expire—and not just because of all the preservatives. American cheese—pasteurized, processed, and super-melty—is, for better or worse, arguably the 20th century’s most iconic food product. And yes, “pasteurized, processed cheese food” is what federal regulators call it instead of “cheese.” It is a paradox embraced shamelessly by some of the most elite food names around. From Salt Fat Acid Heat author Samin Nosrat (“I have a secret love of American cheese, the yellow kind that has a plasticky quality when it melts”), to J. Kenji López-Alt, whose The Food Lab dedicates a chapter to the science of melting cheese …

  7. TikTok is a one-stop-shop for recipe inspo, viral dance trends, tin-foil-hat conspiracies, and, increasingly, political commentary. Now, it’s also where one in five Americans are getting their news. That’s according to a Pew Research Center analysis published last week, which has tracked a dramatic uptick in news consumption on the platform, up from just 3% in 2020. “During that span, no social media platform we’ve studied has experienced faster growth in news consumption,” Pew noted. In Pew’s survey, 43% of adults under 30 said they regularly get their news on TikTok, up from 9% five years ago. But it’s not just younger people. A quarter of adults between the …

  8. American cities are choking on traffic. From Los Angeles to Chicago, Atlanta to Boston, gridlock is miserable for everyone. New York City’s Congestion Relief Zone offers a data-rich blueprint for cities willing to treat transportation as a system, rather than focusing on one form of travel at a time. Launched in January 2025, the program charges most drivers entering Manhattan’s core business district during peak hours. The Metropolitan Transportation Authority’s (MTA) first comprehensive evaluation report, released in January 2026, shows clear success across mobility, environment, revenue, and equity metrics. The haters are flummoxed. More movement Deconges…

  9. Cinemark is giving customers a break at the box office this summer. The movie chain that operates over 300 theaters in the U.S. just announced it’s offering a major deal on tickets as part of its Summer Movie Clubhouse program. The program, which kicks off on May 13, will bring a series of family-friendly films to 285 Cinemark theaters across the country. Showings will run from June 1 through August 6, but tickets are already available on Cinemark.com, in the app, and at participating box offices. The price for tickets? Just $1.75. “We continue to see that younger audiences treasure the shared, immersive experience of going to the movies, and Cinemark is thr…

  10. Microsoft’s recently announced use of a West Virginia data center that will run entirely on natural gas could cause the company’s emissions to skyrocket by 44%. That’s according to a new report from Stand.earth researchers, who say Microsoft’s power needs at the facility will see it burning the same amount of methane as annually as more than 1.2 million homes. The data center, called the Monarch Compute Campus, is an example of a “behind-the-meter” or “off-grid” data center, which generates its own electricity, bypassing the public grid. With the growth of AI data centers threatening to overload the electricity grid and raise residents’ energy bills, these…

  11. Weeks ahead of his death, Pope Francis dedicated this month’s prayer intention to new technologies and the hope that it can serve “every person, especially the weakest.” “How I would like for us to look less at screens and look each other in the eyes more,” Pope Francis said in a prerecorded video released April 1. “Something’s wrong if we spend more time on our cellphones than with people. The screen makes us forget that there are real people behind it who breathe, laugh, and cry.” Pope Francis died at 88 Monday morning, the Vatican announced in a statement on X, just after his appearance in St. Peter’s Square on Easter Sunday. Pope Francis, in his 12-year papac…

  12. Red Lobster might be taking an old page from its playbook to win over consumers’ hearts. The seafood restaurant chain is reportedly considering the return of endless shrimp, the all-you-can-eat deal that was one of Red Lobster’s most iconic promotions. Although the promotion dates back decades, it was originally only offered for limited amounts of time—that is, until previous owner Thai Group made it a permanent menu fixture in June 2023. At $20 for bottomless shrimp, many argue the move contributed to the seafood chain’s financial woes and its eventual Chapter 11 bankruptcy in May 2024. According to bankruptcy filings at the time, the year-round endles…

  13. Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. Last June, global architecture and design firm Gensler named Elizabeth Brink and Jordan Goldstein as co-CEOs, succeeding Andy Cohen and Diane Hoskins, who jointly led the company for nearly 20 years. Though some U.S. companies, including Netflix, Zola, and Warby Parker, have two …

  14. According to a new report from Realtor.com, buying a new home could save you a ton of money in your first decade of homeownership. But those savings depend on where you live. On average, U.S. buyers who choose a new home end up with $25,335 in savings over the course of 10 years. That chunk of change could offset the higher price tag of a newly built home, even if it doesn’t show up as up-front savings. The hidden savings tied to buying a newer home can mostly be attributed to two major factors: energy costs and new systems that don’t require maintenance or upgrades out of the gate. New homes might lack the aesthetic charm of their classic counterparts, but they …

  15. JetBlue replies to customers on social media every day, from assuaging their customer service woes to thanking them for choosing their flights. But one seemingly innocuous JetBlue response may have set a class action lawsuit in motion, after customers became convinced that the airline implicated itself in using surveillance pricing. A social media frenzy JetBlue first drew suspicions of surveillance pricing with an April 18 reply on X to a user complaining about the airline’s prices. “A $230 increase on a ticket after one day is crazy,” they wrote. “I’m just trying to make it to a funeral.” JetBlue replied, recommending that the user “try clearing your cache an…

  16. Cambodia said Friday it has drafted its first law targeting online scam centers, after vowing to shut them down by the end of April. Cambodia is a major hub for scam operations, which extort money from victims online through bogus investment schemes and feigned romances. Victims around the world are estimated to have been cheated out of tens of billions of dollars annually. At the same time, thousands of people, especially from other Asian nations, have been recruited with false job offers and then forced to work in scam centers in conditions of near-slavery. “This law is the most important legal instrument for Cambodia in combating scams online, fighting money launder…

  17. Last week, scientists from the University of California, Berkeley, and the University of Washington shocked the internet by announcing they’ve discovered a new color that can be experienced only when firing a laser into your retinas. Only five people have seen this color, a blue-green shade called “olo.” But over the weekend, artist-provocateur Stuart Semple decided to widen the pool by synthesizing olo into an acrylic paint color he named Yolo. Ironically, Yolo is a color you cannot see—at least not accurately—unless you buy a bottle of the acrylic paint and see it with your own eyes. A 150-milliliter bottle costs $10,000 ($35 if you’re an artist) and is decidedl…

  18. In summer 2022, when artificial intelligence-based text-to-image generation tools hit the mainstream, architects were cautiously excited. The ease of generating real-ish images of design concepts and buildings with just a few simple sentences was irresistible, and many architects began experimenting with ways of letting AI quickly do some of the sketching and ideating they’d gotten used to spending hours or days laboring over. “It’s almost like you’re speaking a building into existence,” one architect said. But now, with AI maturing and getting integrated into tools and industries far and wide, a surprisingly low number of architects are actually using AI in thei…

  19. I recently met with 300 leaders at one of the country’s top-performing transit authorities. I asked them to raise their hands if they’d ever worked for a leader who truly cared about them. Nearly every hand rose. The room lit up with warmth, as people recalled a boss who’d looked after them. Then I asked: on that team, how many of you were pushed to truly exceptional results? Lots of hands dropped. Then I turned the question around: Who has worked for a leader who drove performance like no other? Hands shot up. And how many of you felt valued and understood as a member of that team? Many hands fell. Only a smattering of people kept their hands up through all four ques…

  20. It’s 10 a.m. on an October morning, and I’m in the middle of a one-on-one Zoom interview when a sudden trilling sounds from behind me. I try to ignore it, but several other strange noises follow. My eyes glaze over as I commit myself to feigning complete obliviousness to my sonic surroundings. It’s easier than explaining that the noises are coming from my AI-powered pet. This awkward encounter came thanks to Moflin, a $429 AI pet built by the electronics company Casio. According to Casio’s official description, the Moflin is “a smart companion powered by AI, with emotions like a living creature.” This robot friend looks a bit like a Star Trek tribble, in that it’s an …





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