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Americans’ outlook on the job market has turned increasingly pessimistic, a surprisingly negative shift given the low unemployment rate but one that likely reflects an ongoing hiring drought. Just 28% of workers in a quarterly Gallup survey conducted late last year said now is a “good time” to find a quality job, with 72% saying it is a bad time. Those figures are a sharp reversal from just a few years ago, in mid-2022, when 70% said it was a good time. Americans have quickly gotten more pessimistic: As recently as late 2024, just under half of workers still said it was a good time to search for a job. The current survey was conducted during the final three months of 20…
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Video game maker Epic Games, the creator of Fortnite, announced on Tuesday it is laying off 1,000 employees, or about 20% of its workforce. (In 2023, Epic cut 830 jobs or 16% of its workforce at that time, per Variety.) “I’m sorry we’re here again,” Epic Games CEO Tim Sweeney said in a note to Epic employees, which the company posted on X. “The downturn in Fortnite engagement that started in 2025 means we’re spending significantly more than we’re making, and we have to make major cuts to keep the company funded.” “This layoff, together with over $500 million of identified cost savings in contracting, marketing, and closing some open roles puts us in a more stable …
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As I walked into a Sunset Boulevard venue this past February, Luka Dončić’s face greeted me, flashing across a wall of old-school televisions. The TV screens flickered between a surreal reel of images: Dončić’s mug, a NTSC rainbow effect, a Valentine sweetheart candy image with the words “too small,” and a graphic with the words “Lil Luka’s Heartbreak Factory: Level 1.” For the uninitiated, this scene probably makes no sense. But for superfans of Dončić, star player of the Los Angeles Lakers, the messages are like a secret code to a new kind of fandom. Luka Dončić In February, Dončić celebrated the launch of his new direct-to-fans media company, 77X, by transfo…
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Calling all space vendors, scientists, and STEM students: NASA needs even more of your help building the next generations of space stations, lunar infrastructure, and space science. In a sweeping overview on Tuesday, NASA Administrator Jared Isaacman and space program leaders delivered an urgent and overhauled vision to advance American leadership in space commerce and scientific exploration. After decades of a space agency spread too thin, losing skills, money, and time serving too many stakeholders, the streamlined revamp calls for aligning NASA goals and workflows with commercial and international partners on a clear mission to build a competitive commercial …
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Below, Matt Kaplan shares five key insights from his new book, I Told You So!: Scientists Who Were Ridiculed, Exiled, and Imprisoned for Being Right. Matt is a science correspondent at The Economist, where he has written about everything from paleontology and parasites to virology and viticulture over the course of two decades. His writing has also appeared in National Geographic, New Scientist, Nature, and the New York Times. What’s the big idea? Science often suppresses bold, unconventional, or threatening ideas due to ego, hierarchy, competition, sexism, and fraud. This culture harms progress. To truly serve society, science needs structural and cultural ref…
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It has been a bruising 24 hours for investors in memory chip storage companies, including Micron Technology, Inc. (Nasdaq: MU), Sandisk Corporation (Nasdaq: SNDK), Western Digital Corporation (Nasdaq: WDC), and Seagate Technology Holdings (Nasdaq: STX). Yesterday, all four leaders in the memory chip space ended the day significantly lower. Here’s what’s happening—and why some are questioning whether the RAM shortage that has driven these companies’ stock prices to new heights will soon come to an end. Memory chip stocks get pummeled—again Just a few weeks ago, the sky seemed to be the limit for memory chip makers. After all, the world is in the middle of …
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Universal Music Group saw its shares (AMS: UMG) rise more than 11% on Tuesday, following a proposal from billionaire Bill Ackman to buy the music giant through his investment firm Pershing Square Capital Management. Pershing Square currently owns a 10% stake in Amsterdam-listed UMG. Despite today’s bump, the stock is down about 15% year to date. UMG has an extensive music catalogue and is home to major recording artists such as Taylor Swift, Bob Dylan, and Bad Bunny. What would the deal mean for UMG? If approved, the deal would offer shareholders €9.4 billion ($10.9 billion) in cash and 0.77 shares in “new UMG” for each share of UMG they currently own. …
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In the 55 years since Walt Disney World first opened its gates, the theme park has undergone plenty of changes—and in many ways, it’s stayed the same. Some attractions from the park’s opening day in 1971 and the decade that followed have cemented themselves as indisputable classics, like Jungle Cruise and The Haunted Mansion (both of which are iconic enough to warrant their own film adaptations). One such ride is Big Thunder Mountain Railroad, which first opened in the Magic Kingdom’s Frontierland area in 1980. The mine train roller coaster went largely unchanged for more than 40 years, before the park announced that it would close in January 2025 for a year-long reno…
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Entrepreneurship is improperly branded. From the outside, it appears like autonomy, upside, and ambition realized. From the inside, it too often feels like anxiety, uncertainty, and sleepless nights. I’ve spent my career building behavior-changing services in small business finance and mental healthcare, including the design of agentic AI products to make mental health support available to, and effective for, millions. What I learned in that role surprised me. The very same patterns that drive anxiety and burnout in individuals show up inside small businesses, especially for founders and leaders who are responsible for every decision, every dollar, the livelihood of e…
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Lauren Sánchez Bezos is great at being happy, so much so she is encouraging other to pursue unapologetic happiness too. But, unsurprisingly, those without private jets aren’t buying it. Over the weekend, The New York Times published a profile on Jeff Bezos’s new wife, Sánchez Bezos, offering a glimpse into the powerful couple’s daily life. Their mornings, for example, start of at their $230 million compound in Florida, where the couple crafts a gratitude list before kicking off their day. The story also dissects the couple’s dynamic—regular exercise and leaning on each other for advice—a blueprint for reaching happiness while enjoying the perks of wealth. As the …
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My first job was an unusual one, but I learned so many lessons from it that I carried with me throughout my career. I was in my last year at Cambridge and was planning to leave the next year for the Kennedy School of Government at Harvard when a British publisher approached me. He had seen me at a televised Cambridge Union debate speaking on the changing role of women and he wrote to me asking me if I would write a book on the subject. I replied, “Thank you, but I can’t write.” He replied: “Can you have lunch?” So I took the train to London and ended up getting both lunch and a book contract with a modest advance. That was my first lesson: take risks. People start…
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Disengagement is expensive, and most organizations know it. A 2025 study in the American Journal of Preventive Medicine estimates that disengagement costs about $5 million a year for every 1,000 employees and that’s before accounting for what’s harder to measure. Teams deliver—narrowly avoiding burnout—but the creativity, the discretionary effort, the genuine spark of someone who truly cares? That’s becoming a rare commodity in today’s turbulent working world as AI continues its disruption. Sure, most AI is exceptional at scale, speed, and synthesis. It learns from what already exists, optimizes from the middle, and produces output that is arguably an average of every…
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Macy’s Inc is moving forward with additional store closures in 2026. According the retailer’s website, 14 stores are closing soon nationwide, with shoppers losing their local Macy’s in 12 states. The development is hardly surprising. In February 2024, Macy’s announced it would shutter 150 “underproductive locations” by the end of 2026, although it has since extended that timeline. The company announced the closures as part of “A Bold New Chapter” that will do three things: strengthen the Macy’s name plate, accelerate luxury growth, and simplify and modernize end-to-end operations. Macy’s also owns Bloomingdale’s, a higher-end department store than its n…
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On Wednesday, April 15, Snap CEO Evan Spiegel announced in a letter to employees that the company would lay off about 1,000 people, including 16% of its full-time employees. “We believe that rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase velocity, and better support our community, partners, and advertisers,” Spiegel said in the letter. That message could have been pulled from a number of tech CEOs recent bold statements that AI will replace employees. Spiegel joins the ranks of CEOs like Block’s Jack Dorsey who have been unabashed in citing AI in their decisions to lay off their staff. In his February letter …
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Not sure what to order on your next Starbucks run? Now ChatGPT can help. Starting April 15, users will be able to turn to ChatGPT for help deciding on their next Starbucks order through a new integration with the coffee chain. To activate the feature, users simply tag @starbucks within a chat with the AI agent to trigger the new in-platform beta Starbucks app. Users will be able to prompt ChatGPT to offer drink order advice based on mood, cravings, or even an image. For instance, a user might prompt ChatGPT with “@starbucks I’m looking for an iced pick me up,” with the LLM then suggesting an Iced Dragon Energy Drink alongside 5 additional options. “Over the pa…
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A silent productivity killer is operating in every enterprise without detection, causing harm unnoticed: the 100-page slide deck, which I call the “Frankendeck.” It is a bloated, decentralized collection of charts, bullet points, and appendices emailed to the C-suite 48 hours before a critical meeting. As a presentation strategist working with Fortune 500s and scaling startups to improve executive communication, I see this pattern everywhere. Corporate teams tirelessly gather data, create graphs, charts, and tables, only to paste them into slides and call it a board meeting deck. But we confuse “data-dumping” with “strategic storytelling.” In doing so, we impose a mas…
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In this episode of “It’s all in the typeface,” Fast Company’s creative director Mike Schnaidt chose Kyoto for its handmade, human feel, blending Japanese calligraphy with classic Latin forms. Inspired by a process of exploration, its design reflects the human touch behind every page of this issue. View the full article
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Egyptian coder Assem Sabry has long wanted an AI model that represents his culture. The problem is he hasn’t been able to find one. “The AI industry in Egypt . . . doesn’t exist,” Sabry says. So he built his own: Horus, named after the ancient Egyptian god of the sky. Sabry says the goal was to stop “relying on other models, like the American or Chinese models,” and instead ask what a more Egyptian-focused model might look like. To make Horus work, he trained it using GPUs from Google Colab and other cloud providers, alongside open-source datasets. The model, released in early April, drew more than 800 downloads in its first week on Hugging Face. Sabry is one of a…
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Music lovers who have complained for years about Ticketmaster fees for concert tickets are surely reveling in a jury verdict Wednesday that found its parent company Live Nation has been running a harmful monopoly over large venues across the U.S. But they will have to wait to see if the verdict leads to changes that make concerts more affordable. Here are some things to know about the verdict in the closely-watched antitrust battle: No immediate relief for concertgoers The lawsuit, initially led by the U.S. government under former President Joe Biden, accused Live Nation of smothering competition and blocking venues from using multiple ticket sellers. Days into t…
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After rising by more than 580% in a single trading session yesterday, shares of Allbirds Inc. (Nasdaq: BIRD) fell this morning in premarket trading, at one point more than 30%. The steep rise and now potential fall in the stock price followed the company’s unexpected announcement that it intends to transition from a sustainable shoemaker to an AI compute infrastructure provider. But while AI-obsessed investors initially cheered the odd move, history suggests the pivot may be a challenging one to pull off in the long run. Here’s what you need to know. What’s happened? Yesterday, San Francisco-based Allbirds, whose wool footwear had been popular with Silicon …
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Sixty years after it invented sports drinks, Gatorade is making a surprising pivot: It’s no longer focusing primarily on athletes. PepsiCo, Gatorade’s parent company, said Thursday that the brand wants to broaden its reach to non-athletes who are looking for ways to hydrate, whether they’re on a long flight, going for a walk or nursing a hangover. New packaging highlights the specific ways Gatorade’s various drinks and powders work and the research behind them. The change reflects U.S. consumers’ booming interest in beverages with perceived health benefits. Jack Doggett, a food and drink analyst with the consulting firm Mintel, said his research indicates 60% of consume…
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Technology is making it easier for everyone to move faster. The important question is who will move in the right direction? New technologies—including AI and automation—are quickly becoming indispensable teammates that can draft, summarize, analyze, and accelerate the work that keeps organizations moving. I see most individuals on my team using AI and automation to complete some tasks in a fraction of the time, allowing them more time to focus on relationship-building, innovation, and value creation. When the use of AI and automation becomes widespread, it will stop being a performance differentiator. Differentiation will come instead from the people that use them…
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Work sucks for women. Not all women, but far too many. There’s the gender pay gap, where full-time working women earn 81 cents for every dollar men earn, according to the most recent data from the Census Bureau. There’s the glass ceiling that prevents women from leadership advancement, as evidenced by the fact that only 37% of leadership positions in the U.S. are held by women despite representing 47% of the workforce. Let us not forget the disproportionate harassment at work that women experience compared to men, the gender sidelining, and the exclusion from the “boys’ club.” And if that’s not enough, there’s the additional unpaid domestic work that women are expecte…
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