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Washington is bracing for what could be a prolonged federal shutdown after lawmakers deadlocked and missed the deadline for funding the government. Republicans supported a short-term measure to fund the government generally at current levels through November. 21, but Democrats blocked it, insisting the measure address their concerns on health care. They want to reverse the Medicaid cuts in President Donald The President’s mega-bill passed this summer and extend tax credits that make health insurance premiums more affordable for millions of people who purchase through the marketplaces established by the Affordable Care Act. Republicans called the Democratic proposal a no…
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The U.S. government has shut down. Last night, Congress failed to pass a new funding bill that would have kept the federal government operating normally. However, at 12:01 a.m. today, the existing funding bill ceased to be in effect, and with no new one in place, large parts of the government are now shut down. Fast Company has previously explored how the government shutdown will affect everyone, from Social Security recipients to travelers to federal workers. But the shutdown will also no doubt have an effect on the markets. And not just the stock markets. The U.S. government shutdown appears to already be having an impact on cryptocurrency markets. Her…
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Factory activity shrank in much of the world last month, private surveys showed on Wednesday, as signs of a slowdown in U.S. growth and the anticipated impact of President Donald The President’s tariffs added to pressure from weak Chinese demand. Euro zone manufacturing slipped back into contraction as new orders fell at their fastest rate in six months, with export markets acting as a particular drag, signalling that the recovery in the region’s industrial sector was fragile. The HCOB Eurozone Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 49.8 in September from August’s 50.7, which was the first reading above the 50.0-point l…
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Discontent has surged across U.S. society, largely defined the last three presidential elections, and now appears set to challenge business owners in the workplace. The rising sense of grievance expressed across all demographic groups has reached new highs, according to a new survey, with both companies and their CEOs suffering some of the biggest drops in trust among respondents. The rising tide of acrimony and accusation recorded in the 25th Annual Edelman Trust Barometer shouldn’t be too surprising for anyone who followed the November election campaigns—or who just listens to conversations in the office and shop floor. Whether it was Democrats warning of a “fascist…
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The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in northern Nevada. The Department of Energy will take a 5% equity stake in the miner, which is based in Vancouver. It will also take a 5% stake in the Thacker Pass lithium mining project, a joint venture with General Motors. Thacker Pass is considered crucial in reducing U.S. reliance on China for lithium, a critical material used to produce the high tech batteries used in cell phones, electric vehicles and renewable energy. Both Republicans and Democrats support the project and narrowing the production gap. China is the world’…
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Amazon is pushing deeper into the grocery aisle with the launch of Amazon Grocery, a food brand that keeps most prices under $5. The idea of buying much of anything for $5 seems like a distant memory for most shoppers these days, as The President’s tariffs and persistent inflation keep the price of everyday consumer goods high with little relief in sight. Keenly aware of that, Amazon is looking to undercut the competition’s prices with its own newly unified private label brand for everything from eggs and pre-made salads to ground beef and olive oil. The company plans to expand its offerings to more grocery staples like frozen pasta, granola and cakes in the coming mo…
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Whenever there’s economic uncertainty, it’s easy to worry that your position is at risk. But what if the worst has happened: Your company has done a big layoff—and you and your team weren’t on the list? Of course, you and your direct reports may both fear that more cuts are on the horizon. And yet, there’s work to be done. How do you support your team, keep them productive and also find the opportunities in the middle of such a big disruption, especially when you may face the need to ‘do more with less’? We work with executive clients—Alisa Cohn as an executive coach and Dorie Clark as a keynote speaker and consultant—and have seen this increasingly as layoffs st…
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Soon after Zohran Mamdani secured the Democratic nomination for New York City mayor, Amanda Litman posted a video selfie on TikTok. “The dinosaurs of the past, the boomers, the hostile managers, the assholes—they are behind us,” she preached to the camera. If viewers felt inspired to “run to take on the status quo,” they should head to her organization’s website and register. Though Mamdani is not affiliated with Litman’s eight-year-old nonprofit, Run for Something, his generational fight aligns with its purpose: to encourage young and underrepresented people to run for political office, including “hyperlocal” positions like city council and school boards. Litman …
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Mita Mallick shares five key insights from her new book, The Devil Emails at Midnight: What Good Leaders Can Learn From Bad Bosses. Mallick is a corporate changemaker who, with an extensive career as a marketing and human resources executive, has advised Fortune 500 companies and startups alike. She is a LinkedIn Top Voice and was named to the 2025 Thinkers50 Radar list. She is a contributor to Harvard Business Review, Fast Company, Adweek, and Entrepreneur. What’s the big idea? The silver lining that comes from working for several bad bosses? You can learn what not to do as a leader. From every bad boss comes a valuable lesson about how to manage teams and con…
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Whatever happens next at Starbucks will be studied for decades to come. The world’s largest coffee chain has faced six quarters of declining same-store sales. But for the last year, its new chairman and CEO, Brian Niccol—the surest bet in the restaurant industry—has been architecting a turnaround. Hot off turnarounds at Yum Brands with Pizza Hut and Taco Bell, which he followed up by modernizing burrito building at Chipotle, Niccol has proven himself to be both a master marketer and operations expert. Which is why, when he announced that his strategy for Starbucks was to revive the third place, even some of Niccol’s fans were skeptical he could pull it off. E…
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Think about the last piece of health advice you actually followed. Chances are, it wasn’t from a medical journal or even a doctor’s office. Most likely it was from a colleague, a neighbor, or a trusted friend—the kind of advice that feels personal and authentic. As humans, we’re wired to trust people we know or feel like we know. That’s why two-thirds of Americans now seek health information on Instagram, YouTube, Facebook, and other social platforms, where it’s easy to connect with others who have relatable voices or similar stories. The default ways we explored our symptoms in the past, i.e., by seeing a doctor or referencing a handful of known credible sour…
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The White House website has been updated to blame the government shutdown that began Wednesday on Democrats. The official White House homepage was topped on Wednesday by a red, scrolling banner with the all-caps message “DEMOCRAT SHUTDOWN: DEMOCRATS’ [sic] IN THEIR OWN WORDS” along a countdown showing how long the shutdown has been going on. Users who clicked through were taken to a landing page with a livestreamed video of clips of Democratic lawmakers criticizing past shutdowns, integrating partisan messaging into its design. With a news ticker, countdown clock, and clips of politicians speaking on Capitol Hill, this is web design inspired by one of Presiden…
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It’s the dream: You finish a huge project that wins widespread acclaim—from your boss, your peers, your clients, your friends and family. You’re flying high. The world should be your oyster. And yet? You can’t find the inspiration to follow up. Your productivity dries up. You’re afraid lightning won’t strike twice. You fear being a one-hit wonder. Maybe not in the obsolete pop star sense—but in the professional, creative, successful sense. It’s a horrible, limiting feeling that kills your productivity, not to mention confidence. But according to research from the Rotterdam School of Management in the Netherlands, there’s a cause for the feelings of inadequac…
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The federal government is expected to again accept new applications for a program that grants some people without legal immigration status the ability to live and work in the United States. Lawyers for the federal government and immigrant advocates have presented plans before a federal judge that would open the door again to accepting applications for Deferred Action for Childhood Arrivals program, otherwise known as DACA. One state — Texas, where the case is being heard — however, would be exempted from providing work permits. It’s estimated that hundreds of thousands of people could be eligible to be enrolled in DACA, once a federal judge issues an order to formalize…
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Picture a data center on the edge of a desert plateau. Inside, row after row of servers glow and buzz, moving air through vast cooling towers, consuming more electricity than the surrounding towns combined. This is not science fiction. It is the reality of the vast AI compute clusters, often described as “AI supercomputers” for their sheer scale, that train today’s most advanced models. Strictly speaking, these are not supercomputers in the classical sense. Traditional supercomputers are highly specialized machines designed for scientific simulations such as climate modeling, nuclear physics, or astrophysics, tuned for parallelized code across millions of cores. What …
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Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a senior writer at Fast Company, covering emerging tech, AI, and tech policy. This week, I’m focusing on Donald The President’s recent AI-generated videos, which he (or his staff) posts on Truth Social. I also look at world models, the successor to large language models, and at OpenAI’s new Sora 2 model, which is also the anchor for a new social app. Sign up to receive this newsletter every week via email here. And if you have comments on this issue and/or ideas for future ones, drop me a line at sullivan@fastcompany.com, and fol…
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Working with AI as a team isn’t about knowing the latest technology. It’s about changing your mindset to build skills AI can’t replace, focusing on outcomes, not optics, and leaving room for strategic tests. View the full article
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U.S. stocks are drifting around their records on Thursday as technology stocks keep rising and as Wall Street keeps ignoring the shutdown of the U.S. government. The S&P 500 rose 0.1%, coming off its latest all-time high. The Dow Jones Industrial Average rose 68 points, or 0.2%, as of 1:58 p.m. Eastern time, and the Nasdaq composite was 0.3% higher and hovering above its own record. Thursdays on Wall Street typically mean investors are reacting to the latest weekly tally of U.S. workers applying for unemployment benefits. But D.C.’s shutdown means this week’s report on jobless claims has been delayed. An even more consequential report, Friday’s monthly tally o…
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Six months after Elon Musk left the The President administration to the great relief of Tesla investors worried about boycotts, the world’s richest man has announced some good news: Sales of Tesla cars are back. Well, maybe. The electric vehicle maker run by Musk reported Thursday that car sales jumped 7% in the three months through September after plunging for most of the year, as people turned off by his embrace of President Donald The President and far-right politicians in Europe balked at buying his cars. But the jump comes with a significant caveat: Tesla benefited from consumers taking advantage of a $7,500 tax credit before it expired on September 30, a…
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A decade ago, fresh out of business school, I joined a tech company in my first business development role in Singapore. Within the first quarter, I had closed two quarters’ worth of sales targets. But the environment was abusive. The CEO yelled regularly. Personal and sexist remarks were common, on body, appearance, even what women ate or wore. It was triggering. Having lived through a previous abusive situation, I found myself in constant flight-or-freeze mode. Every time I saw an email from my manager, my heart raced. I struggled to breathe in meetings. Despite my outward success, internally I was unraveling. Finally, I quit. That experience changed the course …
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Taylor Swift’s highly anticipated 12th studio album, The Life of a Showgirl, is here. And this might be Swift’s biggest release yet, given that along with an album, she’s also premiering a film on the same day. Taylor Swift: The Official Release Party of a Showgirl features a new music video for the album’s single “The Fate of Ophelia,” lyric videos, and exclusive behind-the-scenes footage and commentary. It’s being hosted as a companion event by AMC, Cinemark Theaters, and Regal Cinemas. The catch? It’s showing in theaters for just three days: October 3 to 5. The brief theatrical window follows the same pattern Swift has used to release limited-edition versio…
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Beep, beep, beep, beep, beep, beep, beep. Short screech. Long screech. Static. More beeps. On September 30, one of the most memorable—if not infuriating—waiting experiences since the dawn of the internet went the way of the dodo. AOL finally discontinued its dial-up service. If you grew up in the ’90s, you knew that sound by heart. Some of you also knew to bring a newspaper while waiting for a single web page to load. AOL’s iconic 30-second symphony of screeches and static wasn’t just the sound of connection. It was the sound of anticipation, of mandatory patience in an increasingly impatient world. Today, that pause is all but extinct. Pages load more or less…
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Discussing English football ownership is turning into the ultimate name drop. Ryan Reynolds and Rob McElhenney at Wrexham. Tom Brady at Birmingham City. Michael B. Jordan at Bournemouth. J.J. Watt at Burnley. Even Snoop Dogg is in on the action, becoming co-owner of Swansea City this summer. But the American invasion of English football has moved beyond novelty. Twelve of the Premier League’s 20 clubs now answer to U.S. ownership—either wholly or partially. Drop down to the Championship, English football’s second tier, and nine more clubs are backed by American money. On Friday, when Wrexham hosts Birmingham City, it will be a clash of two celebrity-driven, Americ…
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For the ladies of the Las Vegas Aces and the Phoenix Mercury, it’s time to leave it all on the court. The 2025 WNBA finals start tonight (Friday, October 3) at 8 p.m. ET. Notably, this is the first year that the WNBA finals are a best-of-seven games format. The Aces may be favored to win, but don’t count out the scrappy Mercury squad. Let’s take a deeper look at how these two teams got here, their strengths, and how to tune in. A season and playoffs recap The WNBA consists of 13 teams, with the top eight moving onto the postseason playoffs. This year, the Minnesota Lynx, Las Vegas Aces, Atlanta Dream, Phoenix Mercury, New York Liberty, Golden State V…
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Hopes for a quick end to the government shutdown were fading Friday as Republicans and Democrats dug in for a prolonged fight and President Donald The President readied plans to unleash layoffs and cuts across the federal government. Senators were headed back to the Capitol for another vote on government funding on the third day of the shutdown, but there has been no sign of any real progress toward ending their standoff. Democrats are demanding that Congress extend health care benefits, while Republicans are trying to wear them down with day after day of voting on a House-passed bill that would reopen the government temporarily, mostly at current spending levels. …
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