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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…
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The Federal Trade Commission said Tuesday it will appeal the November ruling in favor of Meta in its antitrust case against the social media giant. The FTC said it continues to allege that, for more than a decade, Meta Platforms Inc. has “illegally maintained a monopoly” in social networking through anticompetitive conduct “by buying the significant competitive threats it identified in Instagram and WhatsApp.” Meta had prevailed over the existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp after a judge ruled that the company does not hold a monopoly in social networking. U.S. District Judge James Boasberg issue…
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If you’ve been avoiding giving feedback to someone on your team, you’re not alone. You’re in good company. Well . . . common company, at least. Most managers aren’t avoiding feedback because they don’t care. It’s because it feels awkward and uncomfortable, and they’re hoping things will somehow get better on their own. Spoiler alert: they almost never do. I’ve seen this from multiple angles—as an employee, a manager, an employment lawyer, and someone who spent years in HR—and the cost of avoiding feedback is almost always higher than the cost of the conversation you didn’t want to have. What Happens When You Keep Waiting On the legal side, this patter…
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Michael Graves once said regarding a men’s suit, “You can buy a lot of cheap ones, or you can buy one great Armani suit.” He was not just talking about tailoring. He was talking about time, and about the value of design that endures functionally, emotionally, and aesthetically long after the first moment of use. At Michael Graves Design, we have always believed that the best designs are not those that just capture attention for a moment, but those that quietly support you over years, as your life evolves. As we look toward the future of accessibility, this idea becomes more urgent. The truth is simple: Every body is either disabled, or not currently disabled. …
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On an unremarkable vacant lot in Atlanta’s West End, a proposed rowhouse construction project could soon become a milestone of modern design. The building itself is not particularly special; its 17 units have attractive geometrical facades, large picture windows, and will be affordably priced. More notable than the design of the project itself is how it was designed. To an uncommon degree, artificial intelligence was used extensively throughout the design process, from market analysis and conceptual design to regulatory compliance and material selection. The building, which is going up for zoning approvals this week, could be one of the first projects designed largely t…
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The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual dues for access to peer learning, thought leadership opportunities, events and more. “Every accumulation becomes the means of new accumulation.” This is what Karl Marx has to say about capital. He does not get enough credit for being one of the more accurate predictors of capitalism because people understandably do not like his solution. But the truth is, most philosophers do not even present a solution and he understood the problem as well as anyone. We saw more bankruptcie…
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Recently, I made myself a promise: I would not buy any more Lego for at least a year. That plan has quickly been foiled. Lego’s first-ever Peanuts set is just too good, too iconic, too beautiful (plus, my son loves Snoopy and Woodstock.) This perfect brick rendition—with the classic red doghouse and even the campfire and marshmallows to toast—is too cool pass up. Lego’s addiction to licensed intellectual property—the company now sells 25 IP-based themes out of 45 total, often burying the open-ended, creativity-first sets that built the brand—is still a problem, but this Snoopy’s Doghouse set proves exactly why these licenses work so extraordinarily well to burn your c…
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If you haven’t read the book The Five Love Languages by Gary Chapman, you’re probably at least familiar with the idea behind it: that people give and receive care in different ways. Some value words, others actions. Some want quality time; others want gifts or closeness. Problems arise when two people in a relationship give and receive care differently. Even the best intentions don’t land if they’re expressed in a way the recipient doesn’t recognize. This dynamic is well-established in personal relationships, but I’ve also seen a version of it play out between leaders and their teams. Very often, what leaders see as performance issues are really a mismatch in “lea…
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For most of the last century, we believed human potential could be measured through intelligence, and we built whole institutions around that belief. IQ was the metric. If you were analytical enough, technically proficient enough, quick enough on your feet, doors opened, schools rewarded it, employers screened for it, and entire industries grew up around identifying and elevating it. Then we noticed what intelligence alone couldn’t do. Technical brilliance without humanity tended to create distance rather than trust, and a generation of leaders who were brilliant on paper proved unable to inspire the people around them. So we elevated a second form of intelligence, em…
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Hiring in 2026 won’t look much like hiring even two years ago. If you don’t pay attention, you will get left behind. I was a retained search consultant for 25-plus years. I’ve written executive and board résumés for the last 10 years. I’ve never seen so much change in candidate sourcing happen so quickly. CEO priorities and expectations have shifted. AI is reshaping how candidates get surfaced. Résumé sameness has skyrocketed. Candidate shortlist cycles have accelerated. For you to be visible, your résumé has to do more than describe your work. It has to hit leaders’ priorities, satisfy automated systems’ tests, and make sense. The following five trends show you w…
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Currently, America is experiencing its worst flu season since 2009, according to data from the Centers for Disease Control and Prevention (CDC). As a matter of fact, the CDC says there are so many cases that this season is now classified as being “high severity” for all age groups. That’s the first time a flu season has acquired that designation since the 2017–18 season. Still, some states are faring better than others. Here’s what you need to know about the current 2024–25 flu season and where outbreaks are the worst. 16,000 dead from flu so far The 2024–25 influenza season is having a significant impact on the health and well-being of Americans. According to …
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How do you say yes when you have no idea how to deliver? My cofounders and I built Moment Factory by saying yes to projects most people thought were impossible. Long before the technology existed, we designed interactive concerts, illuminated night walks through forests, and towering LED installations in airports. Every project started with the same challenge: Finding the path to make the impossible possible. The unknown isn’t unique to our industry. Every creative team faces it—startups launch apps no one knew they needed, architects design spaces no one had imagined, chefs invent dishes no one had tasted. At the beginning of every project, you don’t know the outcome…
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Only about 10 percent of venture funds ever make it to a fourth vintage. Of those, just 5 to 10 percent are led by women. I’m one of them. When I started Female Founders Fund in 2014, I believed that solid returns and conviction would speak for themselves. Strong performance would unlock capital and the industry would reward the achievement, especially from those breaking new ground—or so I thought. What I’ve come to learn is that venture capital isn’t a pure meritocracy. It’s a network-driven ecosystem where who you know often matters just as much as what you build. Cultural and political changes, and a tight market environment, are making it especially difficul…
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At first blush, it sounds too good to be true: a learning experience that’s precisely tailored to a child’s needs, strengths, and struggles, speeding up or slowing down as the moment demands, with infinite patience. For a decade or more, that’s been the promise fueling the education technology industry—customized learning that fuels rapid progress. Yet, for the most part, it was too good to be true. Not because the ambition was wrong, but because the prevailing vision has had it backwards. A FAILED PERSONALIZED LEARNING APPROACH? The vision of AI in education that has drawn the most attention and investment centers on personalized learning. Think Khan Academy’…
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Artificial intelligence is moving into everything. It’s in the phone in your pocket, the watch on your wrist, the TV on your wall, and the appliances in your kitchen. As companies race to build AI wearables and ambient assistants, there’s a risk we skip a crucial step: grounding this future in the devices people already trust and use constantly. For most of us, that foundation is the smartphone. Smartphones sit at the center of daily life, helping with communication, payments, creativity, navigation, entertainment, and more. About 91% of Americans own one, according to Pew Research. They are personal, always with us, and deeply embedded in our routines. If AI is t…
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In an unpredictable labor market, where job gains in January fell below expectations and the future remains uncertain, one thing is clear: Employers can’t afford to rest on their laurels. While the economy has remained relatively strong, shifts in the job market have been historically inevitable, and companies must constantly evaluate their operations to ensure they’re attracting and retaining the best talent. One area that employers should pay close attention to: employee benefits. Surprisingly, small businesses—often perceived as lacking the resources to offer substantial perks—are quietly leading the charge in providing the kinds of benefits that employees value mo…
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