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Grab your boots and cowboy hats. The 60th Academy of Country Music Awards will have you two-stepping in your living room tonight (Thursday, May 8). This big anniversary show is sure to be an old-fashioned good time. Here’s everything you need to know about this celebration of country music, including how to tune in. A brief history of the Academy of Country Music and the ACM Awards Believe it or not, the Academy was founded in Los Angeles, California: A group of country music lovers led by Tommy Wiggins, Eddie Miller, and Mickey and Chris Christensen founded the organization in 1964. Their goal was to promote country music and artists, such as Merle Haggard, …

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. U.S. existing-home sales totaled just 4.06 million in 2024—the lowest annual level since 1995, according to the National Association of Realtors. That’s far below the 5.3 million in pre-pandemic 2019. But here’s the thing: Today’s housing market is even more constrained when you consider that the U.S. now has 76.3 million more people and 33.2 million more households than it did in 1995. To illustrate this point, ResiClub created the following chart: U.S. existing home sales adjusted for population size. (We used total household counts instead of …

The list of Rite Aid drugstores marked for closure continues to grow at a furious pace after the ill-fated pharmacy chain filed for bankruptcy a second time. In a court filing last week, the company said it would move to close 151 additional locations in 10 states, its largest batch of closures since the Chapter 11 process began three weeks ago. Three earlier filings had disclosed a combined 210 closures, as Fast Company previously reported. That means the list of stores that are expected to shutter on an accelerated timeline is now over 360—more than a quarter of Rite Aid’s fleet of 1,277 locations. Fast Company reached out to Rite Aid for more information …

Countless Rite Aid customers and employees are still waiting to learn the fate of their local pharmacies as the bankrupt drugstore chain sells off its assets and winds down operations. Now, at least three Rite Aid landlords are asking for more transparency into the process. Last week, Rite Aid announced that it has reached agreements to sell its prescription files for most of its 1,200 retail pharmacies, with successful bidders including CVS, Walgreens, and Albertsons, among others. Perhaps most notably, CVS agreed to buy prescription files for 625 of those pharmacies, even as it said it would only take over 64 physical Rite Aid locations in three states: Washington, …

OpenAI has named labor leader Dolores Huerta and three others to a temporary advisory board that will help guide the artificial intelligence company’s philanthropy as it attempts to shift itself into a for-profit business. Huerta, who turned 95 last week, formed the first farmworkers union with Cesar Chavez in the early 1960s and will now have a say on the direction of philanthropic initiatives that OpenAI says will consider “both the promise and risks of AI.” The group will have just 90 days to make their suggestions. “She recognizes the significance of AI in today’s world and anybody who’s been paying attention for the last 50 years knows she will be a force…

MANDAN, N.D. (AP) — A North Dakota jury on Wednesday found Greenpeace liable for defamation and other claims brought by a pipeline company in connection with protests against the Dakota Access oil pipeline. The nine-person jury awarded Dallas-based Energy Transfer and its subsidiary Dakota Access hundreds of millions of dollars in damages. The lawsuit had accused Netherlands-based Greenpeace International, Greenpeace USA, and funding arm Greenpeace Fund Inc. of defamation, trespass, nuisance, civil conspiracy, and other acts. When asked if Greenpeace plans to appeal, Senior Legal Adviser Deepa Padmanabha said, “We know that this fight is not over” and said the…

If you’ve been on Google or virtually any social media website over the last few days, you might have seen stories about Amazon layoffs making the rounds. And if you were curious enough to click through to any of those stories, you might have discovered that Amazon is supposedly planning to lay off 14,000 managers by the end of this quarter—a stunning figure, even for a company as big as Amazon. But that figure is untrue. Not only that, it seems to have been essentially conjured up out of nowhere, before being picked up by a stream of headlines on Google News, viral Reddit threads, and would-be LinkedIn influencers dissecting it as if it were fact. In reality,…

At NVIDIA’s developer conference on Thursday, a large group of energy companies—along with a few technology companies—announced plans to collaborate on building AI models and apps aimed at improving the generation and distribution of electric power. The initiative, called the Open Power AI Consortium, is organized by the Palo Alto-based Electric Power Research Institute (EPRI). Founding members include Nvidia, Microsoft, AWS, and Oracle. Notably absent from the group are all of the leading developers of frontier AI models such as Anthropic, Google, or OpenAI. “This is about getting the right data, and getting it clean, so that it can be used for AI,” Jeremy Rens…

It’s never been a more complicated time to be a marketer, but connecting with consumers in a meaningful way is as important as ever. For brands like Liquid Death, GoDaddy, and Taco Bell, that sometimes means embracing another product or experience entirely—think: an adult diaper for concerts, celebrity-created goggle glasses, or a live experience for taco fans. Of course, not every risk pays off. But when a weird idea works, it can really work, as marketers from the three brands shared during a panel discussion at the Fast Company Grill at SXSW. “The power of an idea that can transcend channels and reach and connect with consumers is really important,” said T…

Early this morning, the House voted 215–214 to pass a sweeping budget reconciliation bill with provisions that include a cancellation or phaseout for just about everything that was in the Inflation Reduction Act. The measure, which now heads to the Senate, is being described by clean energy and environmental groups as a monumental betrayal of the country that will cost jobs and increase electricity bills. But during the floor debate overnight, the energy parts of the bill were an afterthought to higher priority issues for members of both parties, such as tax cuts, revisions to Medicaid, and a desire to support or oppose the agenda of President Donald The President…

When disasters happen—such as hurricanes, wildfires, and earthquakes—every second counts. Emergency teams need to find people fast, send help and stay organized. In today’s world, one of the fastest ways to get information is through social media. In recent years, researchers have explored how artificial intelligence can use social media to help during emergencies. These programs can scan millions of posts on sites such as X, Facebook, and Instagram. However, most existing systems look for simple patterns like keywords or images of damage. In my research as an AI scientist, I’ve developed new models that go further. They can understand the meaning and context of p…

The 2025 Kentucky Derby is horse racing’s most exclusive starting gate. Twenty horses will post at Churchill Downs on May 3—an elite field, even by exclusivity’s standards. Y Combinator admits less than 3% of startups. Fewer than 1% of those who apply to NASA become astronauts. Google famously hires less than 0.2% of applicants. Yet these standards look almost lax compared to the 0.11% of North American thoroughbreds that make the Kentucky Derby each year, as only 20 of the 17,146 thoroughbred foals eligible earn the honor of participating in the race. Here’s how the fortunate 20 get to Churchill Downs. A sophisticated global qualification system The Kentuc…

Commuters in the New York City and New Jersey area are in for what is likely to be a weekend of increased congestion and more limited transit options after the engineers who run the New Jersey Transit rail system voted to go on strike. That strike is now in effect and could continue throughout the weekend—and potentially even longer. Here’s what you need to know about the NJ Transit strike. What’s happened? On Thursday, the Brotherhood of Locomotive Engineers and Trainmen (BLET) announced that its members who run the trains in the New Jersey Transit Corporation, better known as NJ Transit, were officially on strike. The strike came after the BLET and NJ Transit…

Elon Musk’s Department of Government Efficiency (DOGE) has spent its first 100 days slashing government programs and firing employees. Yet Musk views DOGE not just as a downsizing force, but also as a team of technologically elite shock troops tasked with rapidly modernizing outdated government systems. One of DOGE’s primary targets on that front is the Office of Personnel Management’s antiquated retirement application system, which still relies on paper forms and manual processing. The system handles retirement applications and manages benefits for former federal employees and their families, coordinating closely with agency HR teams and payroll centers. DOGE and its…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. As I’ve been closely tracking in ResiClub’s monthly metro- and county-level housing inventory analysis, over the past year the supply-demand equilibrium—measured by shifts and levels in active housing inventory and months of supply—has shifted directionally in favor of homebuyers. That doesn’t mean buyers have all the leverage, or that the picture is the same in every market. Directionally, however, homebuyers in most markets have gained leverage compared to the 2024 spring housing market. This shift is also showing up in the pricing data—specificall…