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  1. When the U.S. government cut funding for local news stations, the Knight Foundation moved quickly to help stabilize a rapidly eroding industry. President and CEO Maribel Pérez Wadsworth unpacks the evolving roles of philanthropy and government, and why philanthropic organizations must learn to move at the speed of the news cycle. This is an abridged transcript of an interview from Rapid Response, hosted by former Fast Company editor-in-chief Robert Safian. From the team behind the Masters of Scale podcast, Rapid Response features candid conversations with today’s top business leaders navigating real-time challenges. Subscribe to Rapid Response wherever you get your p…

  2. As the festive season gets into full swing, young corporate employees are taking to social media to flex their high-budget company holiday parties. “My company just brought in a whole glam squad to do our hair and makeup in the office before our holiday party,” one TikTok creator posted. The video shows an office full of employees getting their hair curled and makeup touched up. “Sometimes I love corporate America,” she wrote in the caption. The comments were full of people desperate to know which company, and industry, she works in. “My company has an $11 per person food budget,” one wrote. “This is pre-covid tech company energy and I love it for you,” ano…

  3. The seven states that rely on the Colorado River to supply farms and cities across the U.S. West appear no closer to reaching a consensus on a long-term plan for sharing the dwindling resource. The river’s future was the center of discussions this week at the annual Colorado River Water Users Association conference in Las Vegas, where water leaders from California, Nevada, Arizona, Colorado, New Mexico, Utah, and Wyoming gathered alongside federal and tribal officials. It comes after the states blew past a November deadline for a new plan to deal with drought and water shortages after 2026, when current guidelines expire. The U.S. Bureau of Reclamation has set a n…

  4. Visa and Mastercard have agreed to pay $167.5 million to settle a long-running class action lawsuit. The suit, which was first filed back in Oct. 2011, accused the two major credit card companies of conspiring to keep ATM fees artificially high. The proposed settlement, filed on Thursday in Washington, if approved, it will mean an end to “almost fourteen years of vigorously contested litigation.” The lawsuit alleged that both companies “participated in an unlawful conspiracy” involving Visa and Mastercard blocking independent ATM operators from offering lower prices. If approved, the settlement will have Visa and Mastercard pay millions to ATM users who say the…

  5. I’ve said it before and I’m sure I’ll say it again: Our built environment contributes to a mental health crisis. The built environment as we know it—buildings and the spaces between—does direct damage to our minds. Communities developed slowly for thousands of years, but in 20th century America, the end of World War II introduced a massive population and construction boom. Land use planning has had devastating impacts on Americans—economically, socially, and culturally. But I’m not a doomer and I know these things are fixable. Not overnight reversible, but certainly fixable. Spreading us out Typical land use rules are written, updated, and enforced at the …

  6. Elusive street artist Banksy appeared to confirm Monday that a new mural in London, depicting two children lying down and pointing up at the sky, is his latest work. The artist posted two photos of the artwork on his official Instagram account Monday, hours after its appearance on a wall on the side of a building in Bayswater, west London sparked speculation over whether Banksy was behind it. The black and white mural, painted above a garage, depicts two figures dressed in winter hats and boots lying on the ground, with one of them pointing a finger upwards. An identical image appeared at the foot of a tower in central London on Monday, but the graffiti artist…

  7. Wall Street was largely unchanged early Wednesday as markets hovered near record levels on a holiday-shortened trading day. The Dow Jones Industrial Average was up 0.1% as of 9:45 a.m. Eastern. The S&P 500 index was up less than 0.1% and the Nasdaq Composite was down 0.1%. Markets will close at 1 p.m. ET for Christmas Eve and are closed for Christmas. Markets will reopen for a full day of trading on Friday, however volumes are expected to be light this week with the holiday and most investors having closed out their positions for the year. Much of the focus remains on the state of the U.S. economy and where the Federal Reserve will move interest rates. Investors ar…

  8. Wall Street’s main indexes kicked off the final week of the year on a softer note on Monday, as heavyweight technology stocks retreated from last week’s gains that had pushed the S&P 500 to record highs. The information technology sector weighed on the S&P 500, as most tech and AI-linked stocks declined, with Nvidia down 1.8%, Broadcom off 1%, and Palantir Technologies shedding 1.4%. “This is (not) the beginning of the end of the tech dominance, it’ll turn out to be a buying opportunity,” said Hank Smith, director and head of investment strategy at Haverford Trust. “A big reason for that is the top tech names, excluding Tesla, do not have challenging v…

  9. I’ve done it, you’ve done it, we’ve all done it. With the best of intentions, we set big goals for our future: get a work promotion, lose 20 pounds, run a marathon. And too often, we give up a few months later, realizing we bit off more than we could chew. Why? We get enamored with the idea but the execution? Not so much. Goals can seem straightforward, but without a specific plan or realistic milestones, they quickly fizzle out. The Appeal and Problem of Big Goals Big goals can quickly inspire us and make us feel like we’re putting effort into forward progress. But goals are only as good as the plans that support them. You can’t build your dream house without an a…

  10. Auckland rang in 2026 with a downtown fireworks display launched from New Zealand’s tallest structure, Sky Tower, making it the first major city to greet the new year at a celebration dampened by rain. South Pacific countries are the first to bid farewell to 2025. Clocks strike midnight in Auckland, a population of 1.7 million, 18 hours before the famous ball drops in New York’s Times Square. The five-minute display involved 3,500 fireworks launched from various floors of the 240-meter (787-foot) Sky Tower. Smaller community events were canceled across New Zealand’s North Island on Wednesday due to forecasts of rain and possible thunderstorms. Australia plans defian…

  11. Below, Ben Swire shares five key insights from his new book, Safe Danger: An Unexpected Method for Sparking Connection, Finding Purpose, and Inspiring Innovation. Ben is a former Design Lead at the innovation firm IDEO and co-founder of Make Believe Works, a team-building company that uses creative activities to accelerate connection, deepen trust, and fuel collaboration. His methods have helped organizations, from Fortune 500 companies to public school districts, build healthy, productive workplace cultures. What’s the big idea? Most of us think of risks as a threat to our safety. But what if they’re the best way to create the kind of safety that matters most—…

  12. At this year’s Web Summit in Lisbon, Hayden Brown, president and CEO of Upwork, was asked which leadership skills are most in demand today. Her answer was immediate: The demand for soft skills is rising. As AI algorithms increasingly take over routine tasks, the qualities that can’t be automated—communication clarity, the ability to work effectively with people, and conflict-resolution skills—are becoming essential for career growth. This trend extends far beyond the tech sector. According to LinkedIn’s Work Change Report, 70% of skills used across most professions will change by 2030; AI will be the main catalyst. Against this backdrop, I’ve become convinced that sof…

  13. Yann LeCun, Meta’s outgoing chief AI scientist, says his employer tested its latest Llama model in a way that may have made the model look better than it really was. In a recent Financial Times interview, LeCun says Meta researchers “fudged a little bit” by using different versions of Llama 4 Maverick and Llama 4 Scout models on different benchmarks to improve test results. Normally researchers use a single version of a new model for all benchmarks, instead of choosing a variant that will score best on a given benchmark. Prior to the launch of the Llama 4 models, Meta had begun to fall behind rivals Anthropic, OpenAI, and Google in pushing the envelope. The comp…

  14. Gmail was always a gateway drug for the greater Google ecosystem. When it launched in 2004, Gmail stood out by offering then-wild amounts of storage for free. Despite few updates to its design in two decades, it now boasts 2.5 billion users and is the largest email service in the world. And—like so much of the tech industry—Google is betting that email will sell you on its next big bet: AI. Starting today, Gmail will begin rolling out three new AI services that will significantly impact the way use your inbox. Gmail’s new AI features Two of the services require a $20/mo subscription to its Gemini AI service, while the third will come to all users, free. (A…

  15. Jan. 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 tax returns. April 15 is the filing deadline. Tax experts, including the IRS’ independent watchdog, have warned that this year’s filing season could be hampered by the loss of tens of thousands of tax collection workers who left the agency through planned layoffs and buyouts spurred by Elon Musk’s Department of Government Efficiency. The IRS will also be responsible for implementing major provisions of Republicans’ tax and spending package signed into law last summer. Several provisions in the law retroactively affect the 2025 tax year, likely…

  16. Thousands of nurses in three hospital systems in New York City went on strike Monday after negotiations through the weekend failed to yield breakthroughs in their contract disputes. “Nurses on strike! … Fair contract now!” they shouted on a picket line outside NewYork-Presbyterian Hospital’s campus in Upper Manhattan. Others picketed at multiple hospitals in the Mount Sinai and Montefiore systems. About 15,000 nurses are involved in the strike, according to their union, the New York State Nurses Association. The hospitals remained open, hiring droves of temporary nurses to try to fill the labor gap. The strike involves private, nonprofit hospitals, not city-ru…

  17. In the summer of 2024, Squarespace’s chief marketing officer, Kinjil Mathur, attracted criticism when she told Gen Z job seekers that they, like her, should be “willing to do anything” to land their first job. “I was willing to work for free, I was willing to work any hours they needed—even on evenings and weekends,” Kinjil told Fortune. “You really have to just be willing to do anything, any hours, any pay, any type of job.” The online backlash to Kinjil’s statement was immediate and brutal, forcing her to walk those comments back. “I shared my own college internship experiences, and my words were misrepresented as career advice for a whole generation,” Kinjil later …

  18. In a recent interview with Wired, billionaire philanthropist Melinda French Gates made clear she is no friend of hustle culture and nonstop busyness. “My parents were countercultural. They actually taught us that you needed breaks,” she says. “We took Sundays off as a family, and guess what else? My parents actually taught me the importance of rest, of taking a short nap every day.” Building quiet, restful moments into your day doesn’t just help you think more clearly and feel better physically, she continues. It also helps you check in with yourself and your values. It is important to “know who you are as a person and to live in that direction and in that lane,…

  19. Fewer Americans are signing up for Affordable Care Act health insurance plans this year, new federal data shows, as expiring subsidies and other factors push health expenses too high for many to manage. Nationally, around 800,000 fewer people have selected plans compared to a similar time last year, marking a 3.5% drop in total enrollment so far. That includes a decrease in both new consumers signing up for ACA plans and existing enrollees re-upping them. The new data released Monday evening by the Centers for Medicare and Medicaid Services is only a snapshot of a continuously changing pool of enrollees. It includes sign-ups through Jan. 3 in states that use Healt…

  20. “Get ready with me as an absolute piece of shit ICE agent,” one such video begins, posted by comedian Adam Macias. These videos are comedic skits, rather than from the social media accounts of actual ICE agents, but have quickly racked up hundreds of thousands of views as the US Immigration and Customs Enforcement agency faces intense backlash after the shooting of Renee Good in Minneapolis. “I wake up screaming and shooting. Not because I’m scared but because my sleep paralysis demon looks like someone’s tía,” the skit begins (tia is Spanish for aunt). “I start the day off with a shower but no matter how hard I try I just can’t seem to get clean,” it continues. …

  21. Ikea’s new store is in the metaverse. The company announced Wednesday it’s piloting a limited-edition pop-up in Roblox’s “Welcome to Bloxburg” game offering players Ikea products they can use to decorate virtual homes. This is the first time that the Swedish furniture retailer has entered gaming in a meaningful way, since an earlier Roblox game in 2024, according to the company. It comes after noticing for years how young adults and teens were building and designing homes in games and wondering why Ikea wasn’t a part of it. “Ikea wanted to better understand how Gen Z and Gen Alpha think about furnishing and self-expression, recognizing the need to meet them on…

  22. If you’re sick of paying for subscription services, Tesla has some bad news for you. The EV maker announced Wednesday that going forward, its Full Self-Driving (Supervised) software will only be available as a monthly subscription – not a one-time payment. Tesla CEO Elon Musk broke the news on X, the social media platform he owns, noting that the shift will happen on February 14. “FSD will only be available as a monthly subscription thereafter,” Musk wrote, offering no details about how that change would affect the software’s pricing. While the price of access to Full Self-Driving (FSD) mode has fluctuated over time, the current one-time purchase price for the sof…

  23. Chipotle is going for gold again with the return of its gold-foil burritos for the 2026 Winter Olympics. Starting January 15, Chipotle will offer a few Olympian-inspired menu items on the Chipotle app and online. Then in February, Chipotle will wrap every burrito in gold. For Chipotle, the Olympics are an opportunity to shake off a slump. Chipotle shares plummeted 19% in October 2025, and its operating margin was down 1% in Q3. The company hasn’t announced its full 2025 financial results yet, but sales are expected to decline (a reversal from February 2025 projections). Key segments of the company’s customer base—younger people and low- to middle-income households…

  24. Burnout has quietly become the norm in today’s workplace, rising at alarming levels. Yet most organizations still assume burnout as an individual issue that could be solved with resilience workshops, wellness apps, or additional resources such as PTO/vacation time. In my experience as an HR leader and culture change strategist in workplace mental health, adding additional resources can be part of the broader strategy to support employee burnout; however, they do not proactively prevent it from happening in the first place. The truth is that burnout is an operations workflow flaw, not an individual issue. Collectively, we should look to fix the bottlenecks where burnou…





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