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Below, Gene Ludwig shares five key insights from his new book, The Mismeasurement of America: How Outdated Government Statistics Mask the Economic Struggle of Everyday Americans. Gene is the former Comptroller of the Currency and founder of the Ludwig Institute for Shared Economic Prosperity (LISEP), a nonprofit dedicated to uncovering the truths that official statistics too often obscure. His writing has appeared in The New York Times, The Wall Street Journal, The Atlantic, Politico, The Financial Times, and TIME. What’s the big idea? Americans keep hearing that the economy is strong. Unemployment is low. Wages are rising. Growth is steady. But for millions of…
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Have you ever been to the Gamerhood? Part game show, part reality series, it recently wrapped its fourth season in August. Over five weekly episodes on Twitch and YouTube, the show pitted gaming creators like Kai Cenat, Ludwig, Mark Phillips, and Berleezy, against each other in a combination of gaming and IRL challenges. The third season from last summer attracted more than 23 million views. In September, the show went mainstream when season four landed on Prime Video. Even before that, just on YouTube and Twitch, season four was getting about 20 million views for each episode. Not too shabby for a show created by a brand. That’s right, Gamerhood is fully owned by St…
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The Customs and Border Protection agency aims to establish a framework for the “strategic use of artificial intelligence” and outline rules for ensuring safe and secure use of the tech, according to an internal document viewed by Fast Company. The directive, obtained through a public records request, spells out CBP’s internal procedures for sensitive deployments of the technology. Agency officials are banned from using AI for unlawful surveillance, according to the document, which also says that AI cannot be used as a “sole basis” for a law enforcement action, or to target or discriminate against individuals. The document includes myriad procedures for introducin…
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The $500 million Los Angeles Dodgers’ thrilling World Series win over the Toronto Blue Jays attracted record international attention for Major League Baseball, affirmed LA’s status as the sport’s best team and drew more attention to baseball’s payroll disparity heading into what is likely to be contentious labor negotiations. Los Angeles’ 5-4, 11-inning win over Toronto in Game 7 on Saturday night capped a postseason with seven winner-take-all games, two more than any previous year. Shohei Ohtani is building a case as the sport’s best player ever with his unprecedented two-way performances, captivating audiences outside the U.S. unlike any previous player. “It just abs…
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Public servants manage a geographically distributed group of people across dozens of public and private organizations daily. Cybersecurity officials work with state and federal counterparts, and homelessness coordinators work with public health departments and nonprofits. State veterans affairs departments sit at the intersection of educational and health benefits along with housing and job assistance. From my conversations with public servants across the country, it’s clear that most critical government functions cannot happen without collaboration. This makes it paramount to have a deep understanding of who does what across dozens of organizations for government…
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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…
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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…
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Below, coauthors Bruce Schneier and Nathan Sanders share five key insights from their new book, Rewiring Democracy: How AI Will Transform Our Politics, Government, and Citizenship. Bruce is a security technologist, teaching at the Harvard Kennedy School and the Munk School at the University of Toronto. He is also a board member of the Electronic Frontier Foundation and Chief of Security Architecture at Inrupt, Inc. Nathan is a data scientist affiliated with Harvard’s Berkman Klein Center. He is focused on making policymaking more participatory, with his research spanning machine learning, astrophysics, public health, environmental justice, and more. What’s the…
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One of the most striking aspects of Sarah Wynn-Williams’s best-selling memoir, Careless People, about her years at Meta, is the way she portrays Sheryl Sandberg. Contrary to Sandberg’s carefully crafted public image as a levelheaded advocate for working women and their families, she is shown to be narcissistic, mercurial, and hypocritical. Whether you see Wynn-Williams’s book as an important exposé of Big Tech culture or a hit job by a disgruntled former employee, it’s hard to escape the sense that Sandberg’s public persona was more fantasy than reality. The image of a fabulously wealthy executive and doting mother living her best life every hour of the day was alway…
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Amid a historic shutdown, the technology that keeps the government running, has, largely, kept running. Official websites are online. Internal software is mostly working. And security experts continue to monitor potential cyberthreats. But as the 35-day closure stretches on, the situation could grow more dire, several current and former government officials told Fast Company, threatening the systems and teams that help support tax filing, healthcare systems, airports, and a lot more. Without new funding from Congress, government IT offices can, in the short term, keep a number of essential workers in the office and draw on other funding sources, like, for example, …
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The 9-to-5 is fading, replaced by a fragmented cycle of early logins, late-night pings, and weekend catch-up. Microsoft’s latest Work Trend Index shows the “infinite workday” is no longer an edge case. It’s the norm for many knowledge workers. Unfortunately, it seems the pandemic-era “triple peak” work pattern—morning, afternoon, and an evening spike—has stuck. After-hours activity is rising. Meetings after 8 p.m. are up 16% year over year, and by 10 p.m. nearly one-third of active workers are back in their inboxes. Weekends are not off-limits: Among those working weekends, about 20% say they check email before noon on Saturday and Sunday. During the week, prime …
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Have you ever opened a jar of Crisco and proceeded to slather it all over your body? I have, in the summer of 1992. I was just exiting sixth grade, and my friend was over for an afternoon of suntanning. When I reached for the brown bottle of suntan lotion, my friend stopped me, “Let’s go look for your mom’s Crisco.” “Crisco???” I said. “Yes, it’s how my older sister gets so tan.” Although I was suspicious that vegetable shortening was good for my skin, I silenced my doubts when I pictured her older sister in my mind—she was gorgeous, popular, and bronze. From a young age, we have an immature relationship with authority. Psychologists call this authority bias, whic…
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Dick Cheney, the hard-charging conservative who became one of the most powerful and polarizing vice presidents in U.S. history and a leading advocate for the invasion of Iraq, has died at age 84. Cheney died Monday night due to complications of pneumonia and cardiac and vascular disease, his family said in a statement. “For decades, Dick Cheney served our nation, including as White House Chief of Staff, Wyoming’s Congressman, Secretary of Defense, and Vice President of the United States,” the statement said. “Dick Cheney was a great and good man who taught his children and grandchildren to love our country, and to live lives of courage, honor, love, kindness, and fly fi…
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A new open AI platform from the nonprofit created by the late Microsoft cofounder Paul Allen aims to make satellite imagery and other data about the earth more available and useful. The Allen Institute for Artificial Intelligence (Ai2) on Tuesday unveiled the OlmoEarth Platform, backed by a family of AI foundation models trained on roughly 10 terabytes of data derived from millions of observations of the planet, including satellite images, radar readings, and existing maps of features like forest cover. The OlmoEarth models can then be fine-tuned for specific purposes, like detecting changes in vegetation, with the help of a companion software tool called OlmoEarth St…
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Japanese video-game maker Nintendo’s net profit jumped 85% in April-September from the year before, as its sales more than doubled following the launch of its hit Switch 2 console in June, the company said Tuesday. Nintendo, based in Japan’s ancient capital of Kyoto, said its profit for the half-year totaled 198.9 billion yen, or $1.3 billion, up from 108.6 billion yen the year before. Sales for the first half of this fiscal year rose to nearly 1.1 trillion yen ($7.1 billion) from 523 billion yen in the same period of 2024. Nintendo, which makes Super Mario and Pokemon games, did not provide a break down of quarterly data. Nintendo’s video game sales were solid, altho…
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When I think about the changes in the context for strategy across my career, my view contrasts starkly with the consensus view. Most obsess about rising VUCA (the combination of volatility, uncertainty, complexity, and ambiguity) as the key change. I don’t—and I explain my position in this Playing to Win/Practitioner Insights (PTW/PI) called What has Changed the Most for Strategy: Implications for Your Strategy. And as always, you can find all the previous PTW/PI here. The VUCA narrative I started advising executives on strategy in 1981. The question I pondered for this piece is how has the context for strategy changed over the past 44 years? The general answer…
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Norway’s sovereign wealth fund, one of Tesla’s biggest investors, said Tuesday that it will vote against a proposed compensation package that could pay CEO Elon Musk as much as $1 trillion over a decade. There will be more than a dozen company proposals up for a vote Thursday during Tesla’s annual meeting, but none have generated more division than Musk’s potentially massive pay package. “While we appreciate the significant value created under Mr. Musk’s visionary role, we are concerned about the total size of the award, dilution, and lack of mitigation of key person risk consistent with our views on executive compensation,” said Norges Bank Investment Management,…
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Voters are filling in their ballots today to choose who will lead America’s largest city for the next four years. New York being a center of global finance and business means that its local elections will always attract some degree of attention outside of the five boroughs, but the city’s mayoral race this year has garnered far more national interest than usual. That’s in large part thanks to Zohran Mamdani, the assemblymember from Queens who was virtually unknown outside of New York before he launched his campaign a year ago. Mamdani went viral early in the race with entertaining person-on-the-street videos in the wake of Donald The President’s second pres…
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Chrysler is recalling more than 320,000 Jeep plug-in hybrid vehicles due to a faulty battery that can fail and lead to a fire, U.S. traffic safety regulators said. Chrysler, which is owned by Netherlands-based Stellantis, is aware of 19 reports and 1 injury potentially related to the issue. Owners of the vehicles, which include 228,221 Jeep Wranglers model years 2020-2025 and 91,844 Jeep Grand Cherokees model years 2022-2026, are being advised to park the vehicles outside and away from structures until a remedy for the problem is determined. Vehicle owners are also being told not to charge their vehicles, the National Highway and Traffic Safety Administration said…
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How do I control my emotions? I get asked that question a lot. As an emotional intelligence coach, I’ve received thousands of emails from readers over the years who get caught up in a cycle of emotional thinking, which leads them to say or do things they later regret. Often, this results in harm to their closest relationships, professional and personal. Here’s the thing: Emotions aren’t bad. They’re what make us human, and that’s a good thing. The key isn’t taking emotions out of the equation. Rather, you want to balance emotions and rational thinking, so you can look back and be proud of what you’ve said or done. To help with this, I recommend using simpl…
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Duolingo has been through a lot of changes over the past few years. What was once solely a language-learning app has grown into a social media marketing machine, a destination for math and music lessons, and now an online chess tutor. In June, Duolingo launched a Duolingo Chess course to teach beginners the basic rules and moves by allowing them to play against an AI tutor named Oscar. This month, the company is taking the course further, launching a multiplayer version of the game where users can compete against one another. Duolingo, which is on track to surpass $1 billion in revenue this year, has 48 million daily active users and 11 million paying subscribers…
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A UPS wide-body cargo plane crashed on Tuesday and erupted into a fireball moments after takeoff from the international airport in Louisville, Kentucky, killing seven, including all three aboard, and injuring 11 on the ground, officials said. Flames from the crash, shortly before sundown, ignited a string of fires in an industrial corridor adjacent to the airport, forcing authorities to halt flight operations through the night, the officials said. The Louisville airport, which is home to UPS Worldport — a global hub for the shipping company’s air cargo operations and its largest package-handling facility worldwide — was expected to reopen on Wednesday morning. …
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TD Bank is getting ready to implement a number of branch closures across more than a dozen states on the East Coast. Those closures come at a time when the bank is increasingly shifting its focus to online banking. Here’s what you need to know about TD Bank’s branch closures, including a list of closing locations. Why is TD Bank closing some of its branches? TD Bank is closing some of its branches as part of a broader plan to reduce or relocate 10% of its retail footprint. “At Investor Day last month, TD shared plans to deliver a stronger, more scalable U.S. retail presence through significant store enhancements, tech-forward digital banking capabilities, and …
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Matt outworked his peers and risen a rung too high on the career ladder—at least, too high for the good of anything but his insecure ego. Constantly fearing his bluff would be blown, he overcompensated by striving to impress upward while leading from fear. His anxiety seeped through his management team, then filtered into the ranks beneath, chipping away at everyone’s courage. He micromanaged, filtered feedback, and pushed out anyone who challenged him—the best, brightest, and boldest. When crisis hit, his “play not to lose” mentality magnified while competitors gained ground Chances are you’ve met someone like Matt. They’re crushing every deadline, exceeding ever…
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Being asked to apply for a promotion is often framed as an unqualified win: validation that your work is seen and your potential recognized. Yet for many high-achieving professionals, that invitation can spark as much ambivalence as excitement. Because the question isn’t only “Can I do this?” It’s also “Do I want to live this way?” Promotions can be career accelerators, but they also reconfigure your days, your priorities, and your sense of balance. The challenge is learning to evaluate the opportunity without being swept away by it—to discern whether it’s truly aligned with this season of your life. The recognition feels good—until the logistics set in T…
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