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The government shutdown is delaying another major economic report, leaving policymakers at the Federal Reserve with a cloudier picture even as the economy enters a challenging phase of stubbornly persistent inflation and a sharp slowdown in hiring. The Labor Department’s monthly inflation data was scheduled for release Wednesday, but late last week was postponed until Oct. 24. The department is recalling some employees to assemble the data, which was collected before the shutdown began. The figures are needed for the government to calculate the annual cost of living adjustment for tens of millions of recipients of benefit programs such as Social Security. The shutdown c…

Pricing is one of the most powerful growth levers a business has, yet it is still one of the most overlooked. While teams spend months refining product and brand, pricing decisions are too often rushed, emotionally charged, or guided by instinct rather than insight. Under the pressure of rising costs and competitive pressures, many leadership teams resort to the fastest fix: promotions to meet short-term targets or price increases to plug a margin leak. The companies that consistently outperform take a different approach. They treat pricing as a strategic, evidence-led discipline. They ground pricing in how customers perceive value and make decisions to deliver gr…

At 3:20 a.m. on January 8, Steve Gibson and his wife were jolted awake by a phone call: the Eaton fire was approaching their home in Altadena, California, and they had to evacuate. “We left in about 15 minutes,” Gibson says. “So we only took our passports, our insurance papers, three pairs of underwear, and our little dog, Cantinflas.” They thought that they’d be able to come back within a few hours. But they soon learned that their house—and their entire block—had been destroyed. They spent the next few weeks moving from short-term rental to short-term rental, and finally moved into an apartment, though they knew that insurance would only cover the cost temporar…

Every good salesperson knows the 7-step process in which you identify and qualify a prospect to understand their needs, then present your offer, overcome objections, close the sale and follow up. It’s proven so consistently effective that its concepts have been the standard for training salespeople for decades. Many business leaders come up through sales and marketing, so it shouldn’t be surprising that they try to use similar persuasion techniques for large-scale change. They work to understand the needs of their target market, craft a powerful message, overcome any objections and then follow-through on execution. Unfortunately, that’s a terrible strategy. The tr…

However uncertain the outlook is for the American auto industry in the age of tariffs, growing competition from China, and the rise of EV upstarts, the view inside the new boardroom at General Motors is stylishly optimistic. Part of the automaker’s new corporate headquarters that’s opening January 12, the boardroom is a large and elegant space with a massive marble table surrounded by mainstay elements of mid-century modern design. Fluted wood wall treatments, subtle curves, geometric overhead lighting, minimalist bench seating, and sweeping views of a changing downtown Detroit combine to create a physical manifestation of how GM sees itself evolving through the 21st …

With millennials and Gen Z opting for fur babies over actual babies, a new workplace benefit is starting to take over. Enter the era of pawternity leave, where pets are dictating benefits, as companies scramble to keep up with shifting priorities. The reality is: without pet perks, companies are risking losing top talent. Sixty percent of pet parents say they would quit their job if it interfered with their ability to care for their pet and almost 10% already have. With the growing number of people placing such a high value on their pets, companies are beginning to recognize pet parenthood as more than just a lifestyle choice. It’s a reflection of today’s priorities,…

It shouldn’t be much of a surprise that an AI-powered tool called “Oz” is heading out of, or near, the Emerald City. On November 12, Microsoft and Land O’Lakes announced that the two companies have co-developed an AI-powered agricultural science tool called “Oz,” designed to help farmers and agricultural operations. Specifically, farmers are facing some very serious problems: labor shortages and lower yields associated with changing climates. Further, costs for fuel, fertilizer, equipment, and tools, not to mention international trade issues, have put agricultural operations in an even tighter vise. Oz was built to help agronomists and farmers do more with what th…

A voluntary layoff? In this economy? The mass layoff meat grinder is out in full force this week. In just the past couple of days, thousands of workers have fallen victim to job cuts at Amazon, Target, Paramount, CBS, and other large companies. YouTube has also quietly introduced voluntary exit packages for employees who are willing to be laid off with severance benefits, according to an internal memo first reported by Alex Heath’s Sources AI newsletter. Adding words like “opt in” or “voluntary” in front of separation, retirement, and severance packages is the new way to soft-launch layoffs, in the hope of making the idea of losing one’s job slightly more pal…

For the past 99 years at Macy’s annual Thanksgiving Day Parade, spectators have craned their necks to watch giant balloons and larger-than-life floats pass through the streets of New York City. But a word to the wise this year: Don’t forget to look down. You might just catch a glimpse of the tiniest float in the parade’s history. The float—which is 49 times smaller than the average display—comes courtesy of Goldfish, which is returning to the parade for the first time in more than a decade. The float’s design features a wintery snowscape covered with frolicking Goldfish crackers towed by an equally tiny Ram truck. According to Brendan Kennedy, director of creative pr…

Believing that digital transformation is about changing technology is like thinking firefighting is about riding in a fire truck. Firefighting is about putting out fires to save lives and property. Digital transformation is about changing how your organization functions and creates value using data, systems, skills, and processes. That might mean building dashboards that give executives real-time visibility across thousands of staff, training hundreds in new ways of working like Agile or DevOps, or automating back-office processes to free up time for higher-value work. The common thread is that technology becomes a catalyst for organisational change in strategy, peopl…

The early darkness in most of the U.S. means that fall has set in. That also means it’s officially holiday shopping season. With the economic impact of President The President’s ever-fluctuating tariffs an open question, there’s an opportunity for shoppers to make their spending meaningful, which opens up a lane for companies that are offering something other than the e-commerce onslaught of nearly identical products that populate sites like Amazon and Walmart. What the Amazons and even Etsys of the world are currently missing is the sense of curation that defines Uncommon Goods, an online shop stocked with exclusive, offbeat items sourced from independent artisans. …

It’s Friday afternoon. Your inbox looks like a battleground, your calendar is a collage of back-to-back calls, and the strategic plan you built last quarter already feels outdated. You’ve spent the week reacting, extinguishing fires, and juggling unexpected demands you didn’t plan for. You’ve been busy, but not necessarily productive. You’ve managed the chaos, but you haven’t had space to lead through it. This is the trap many leaders find themselves in today. Our attention is consumed by the urgent, leaving almost no cognitive room for the deep thinking, creativity, and strategic foresight that leadership requires. Working harder isn’t the answer. Neither is download…

More than 18,000 Amtrak workers will receive a $900 bonus before the end of the year, the U.S. Department of Transportation announced on Thursday evening. Funding for the bonuses will come from Amtrak’s executive leadership team bonus packages, the statement said. The federal administration urged executive leadership “to forgo 50% of the bonus packages that would have been paid out under the misplaced priorities of the previous executive bonus structure.” Amtrak set all-time records for both ridership and revenue in the 2025 fiscal year, according to its annual report, with over $2.7 billion in ticket revenue from 34.5 million riders. The bonuses were applauded by some…

If you’re a typical American, you get home from work and start flipping switches and turning knobs—doing laundry, cooking dinner, watching TV. With so many other folks doing the same, the strain on the electrical grid in residential areas is highest at this time. That demand will only grow as the world moves away from fossil fuels, with more people buying induction stoves, heat pumps, and electric vehicles. That’s a challenge for utilities, which are already managing creaky grids across the United States, all while trying to meet a growing demand for power. So they’re now trying to turn EVs from a burden into a boon. More and more models, for instance, feature “vehicl…

Electronic Arts has announced plans to go private in what will be the largest leveraged buyout in history. The $55 billion purchase of the entertainment giant behind franchises that include Madden NFL and Battlefield is set to close in the first quarter of fiscal year 2027. Saudi Arabia’s Public Investment Fund (PIF) will be, by far, the majority investor in EA, one of the largest third-party publishers of video games. Silver Lake and Affinity Partners (whose CEO is Donald The President’s son-in-law Jared Kushner) will own minority interests. CEO Andrew Wilson will continue to head EA. The all-cash deal calls for a buyout of EA stock at a price of $210 per share. …

Fans of the Outback Steakhouse chain will be disappointed to learn that its parent company, Bloomin’ Brands, has recently closed a number of locations. The closures are yet another sign that major restaurant chains are facing significant headwinds as costs increase and consumers grow increasingly cautious of how they spend their discretionary dollars. Here’s what you need to know. What’s happened? Recently, Bloomin’ Brands, owner of Outback Steakhouse, closed a handful of chain’s locations. Many of these closures were first reported on social media and by local news outlets. Outback Steakhouse is an Australian-themed casual dining chain that was first fou…

You might think of Walmart as America’s quintessential big box store—the place you can get everything from Hanes T-shirts to large screen TVs to cleats for your kid’s soccer uniform. But Walmart isn’t defying shaky consumer confidence because of the breadth of its offerings, which impressively stretches to 120,000 products at most stores. Customers aren’t flocking into stores to buy made-in-America T-shirts, as I wrote about in May, thanks to a novel partnership with American Giant. Or because it is adding more high-end products (at lower prices than you’d find anywhere else), as I covered in October in this profile of its chief merchant Latriece Watkins. Nor is …

Last week, Disney briefed the press on how it’s bringing the entire Hulu catalog into its Disney+ app, with a dedicated tab for accessing Hulu’s more adult-oriented fare. But despite all the headlines you might’ve seen about the Hulu app shutting down, Disney says it’s not happening anytime soon, if at all. According to Disney, the company has no timeline for getting rid of the dedicated Hulu app, and will continue to sell stand-alone Hulu subscriptions. The company still sees Hulu as an important part of its streaming strategy, serving as a catchall for content that doesn’t fall under tentpole Disney brands such as Star Wars and Marvel. Outside of the United States, …

As the global climate and environmental crisis accelerates, the urgency for sustainable alternatives to fossil fuel-based products has never been greater. Today, biobased products—derived from renewable agricultural, marine, and forestry materials—are gaining momentum as critical tools in reducing our reliance on non-renewable resources and mitigating environmental harm. From everyday household goods to advanced industrial materials, biobased alternatives are transforming entire industries and creating pathways toward a lower-carbon, more resilient future. Biobased products offer a broad range of applications, including lubricants, detergents, inks, fertilizers, and b…

As a child and adolescent psychiatrist, I’ve seen how America’s education system leaves neurodivergent children behind. Despite growing awareness of ADHD, autism, and learning differences, schools remain stuck in outdated models. Without rethinking how classrooms are structured, we’ll keep failing students whose brains work differently. Last year, I worked with a boy who dreaded school so much he would sometimes vomit on the drive there. His anxiety wasn’t about tests or teachers in the usual sense. It was about the environment itself—the noise, the lights, the pressure to sit still in a classroom not built for how his brain works. His parents tried everything from wa…

From my earliest days as a journalist, I’ve always prized my dictaphone. It sounds quaint now, but I actually remember excitedly keeping up with advancements in the field. Sony’s ICD-TX50 was a particular revelation for me in 2012, with its tiny OLED display and world’s-thinnest 6.4mm frame. There was no sleeker way to show up to Tokyo press conferences. In recent years, though, my dictaphone collection has taken on a new, less physical form. Google’s Pixel phones have been a revelation for journalists, offering real-time, on-device transcription through the Recorder app. I’ve often found myself bringing a Pixel along to a press event even if I wasn’t actively using i…

More than any other Apple product, the Vision Pro is still—to quote Bob Dylan by way of Steve Jobs—busy being born. Announced at the Worldwide Developers Conference (WWDC) on June 5, 2023 and shipped the following February, the $3,500 spatial computing headset has evolved some since its first release. This year brought a meaty operating system upgrade and a slightly revised version of the device sporting Apple’s powerful new M5 chip. But much of the progress the Vision Pro has made hasn’t stemmed from the routine tick-tock of software and hardware updates. Apple has also been throwing itself into the equally vital work of getting third-party developers and creators to…