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Central bankers from around the world said Tuesday they “stand in full solidarity” with U.S. Federal Reserve Chair Jerome Powell, after President Donald The President dramatically escalated his confrontation with the Fed with the Justice Department investigating and threatening criminal charges. Powell “has served with integrity, focused on his mandate and an unwavering commitment to the public interest,” read the statement signed by nine national central bank heads including European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey. They added that “the independence of central banks is a cornerstone of price, financial and economic st…

President Donald The President will travel to Michigan on Tuesday to promote his efforts to boost U.S. manufacturing, trying to counter fears about a weakening job market and worries that still-rising prices are taking a toll on Americans’ pocketbooks. The day trip will include a tour of a Ford factory in Dearborn that makes F-150 pickups, the bestselling domestic vehicle in the U.S. The Republican president is also set to address the Detroit Economic Club at the MotorCity Casino. November’s off-year elections in Virginia, New Jersey and elsewhere showed a shift away from Republicans as public concerns about kitchen table issues persist. In their wake, the White House s…

In the summer of 2024, Squarespace’s chief marketing officer, Kinjil Mathur, attracted criticism when she told Gen Z job seekers that they, like her, should be “willing to do anything” to land their first job. “I was willing to work for free, I was willing to work any hours they needed—even on evenings and weekends,” Kinjil told Fortune. “You really have to just be willing to do anything, any hours, any pay, any type of job.” The online backlash to Kinjil’s statement was immediate and brutal, forcing her to walk those comments back. “I shared my own college internship experiences, and my words were misrepresented as career advice for a whole generation,” Kinjil later …

Defense Secretary Pete Hegseth said Monday that Elon Musk’s artificial intelligence chatbot Grok will join Google’s generative AI engine in operating inside the Pentagon network, as part of a broader push to feed as much of the military’s data as possible into the developing technology. “Very soon we will have the world’s leading AI models on every unclassified and classified network throughout our department,” Hegseth said in a speech at Musk’s space flight company, SpaceX, in South Texas. The announcement comes just days after Grok — which is embedded into X, the social media network owned by Musk — drew global outcry and scrutiny for generating highly sexualized deep…

If you’re crypto-rich and cash-poor, you might still have a shot at securing a home loan without having to sell off your assets. Starting next month, mortgage lender Newrez will let applicants count their cryptocurrency when applying for a home loan. Historically, a borrower’s crypto holdings wouldn’t be considered in the loan application process. For anyone holding a large amount of digital currency, liquidating some – and incurring that tax bill – might be necessary to qualify for a loan in instances where traditional investments or cash are scarce. “Today, an increasing number of consumers include crypto in their investment portfolios, while major financial in…

The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms reportedly informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what you need to know about the job cuts. What’s happened? Meta this week notified employees in its Reality Labs division that up to 10% of jobs could be lost, according to a Bloomberg report. A day earlier, the New York Times reported that the layoffs were expected. Reality Labs is a division of the social media giant primarily responsible for developing the company’s augmented and virtual reality products. The division was responsible for spearheading Meta’…

Amanda Lee McCarty, sustainability consultant and host of the Clotheshorse podcast, remembers fixing a tear on her Forever 21 shirt with a stapler—just long enough to get through the workday before tossing it out. In the early 2000s, when fast-fashion brands began flooding the market, clothing became so cheap that shoppers could endlessly refresh their wardrobes. The garments were poorly made and tore easily, but it hardly mattered. They were designed to be disposable, encouraging repeat purchases. “It didn’t seem worth the time and effort to repair the top,” she recalls. “And besides, I didn’t have any mending skills at the time.” McCarty isn’t alone. Sta…

You know the feeling: You’re replying to emails, navigating open tabs, responding to direct messages, when suddenly, it happens—your standing weekly 2 p.m. gets canceled abruptly. “Giving everyone 30 minutes back today,” the organizer says. A rush courses through your nervous system: You’re free. Nothing about this recurring meeting is particularly onerous or necessarily stressful. And yet, at this moment, you feel like a burden has been lifted. Maybe you even audibly sigh in relief. That sudden sense that all is right in the world has a psychological cause, Dr. Wilsa Charles Malveaux, a psychiatrist in Los Angeles, explains to Fast Company. A neutralized thre…

Leaders typically spend January prepping for the year ahead. But that’s difficult when you’re eight months pregnant, and your baby has zero concern for your deadlines. I’ve lost count of how many times people have asked how long I’ll be away, whether I’ll be checking my emails, or what support I’ll need when I return. People often expect leaders to have all the answers, but the truth is: I don’t know yet. Lucky for me, that uncertainty worked to my advantage. It forced me to change my approach from setting goals to building flexibility. This has resulted in a team that is autonomous and adaptable, whether I’m in the room or away on leave. You don’t have to hav…

The housing market just crossed an important threshold—one that’s especially good news for anyone who might be planning on buying a home any time soon. The massive wave of COVID-19-era mortgages with ultra-low rates were a huge boon for many homebuyers, but the housing market hasn’t been the same since. A huge swath of homeowners in the U.S. suddenly had mortgage interest rates well below 4%—and very little incentive to sell their homes for less affordable options with today’s higher rates. That dilemma has created a nightmarish scenario for the U.S. housing market. Many potential buyers and aspiring first-time homeowners remain priced out due to high home prices …

Andy Sauer is no stranger to making waves in the beverage business. As the CEO of Garage Beer, he defied the odds by turning a small craft brewery into a national name, despite competing in an industry dominated by legacy players. Now he’s looking to shake things up in another popular beverage category: the soda aisle. Sauer’s latest venture is a product called Roxberry, which he’s dubbing the “first modern kids’ soda.” The brand launched earlier this month at more than 2,200 Walmart stores, 450 Krogers, Meijer and Harris Teeter locations nationwide, and a handful of independent grocers. This “soda” is unlike the sugary drinks most consumers remember from childhood: I…

Minneapolis is currently inundated with two kinds of ice—both of which make it hard for residents to move about the city. The bone-chilling winter cold has left icy deposits on streets and sidewalks, while the U.S. Immigration and Customs Enforcement (ICE) agency has run roughshod over them in what the Department of Homeland Security calls “the largest DHS operation ever.” As anyone who’s ever set booted foot in Minnesota in winter can attest, gravity and overconfidence are no match for one of the world’s most slippery surfaces. Given the abundance of cameras that tend to follow ICE agents, it was perhaps inevitable that there would be multiple viral videos of ag…

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…

Neko Health is taking its body-scanning technology to America. The Swedish diagnostic health clinic, cofounded by Hjalmar Nilsonne and Daniel Ek (also the cofounder and CEO of Spotify), said on Wednesday that it will launch a location in New York City, its first in the United States, in the spring of this year. The three-year-old startup, which offers comprehensive body scans to monitor risk factors for a range of health conditions from pre-diabetes to cancer, already has a presence in London, Manchester, and Stockholm. “For the first time, technology is enabling a fundamentally new healthcare experience centered on prevention,” Nilsonne, who is the company’s …

The first major retail bankruptcy of 2026 has arrived. Today, Saks Global Enterprises, owner of Saks Fifth Avenue and other luxury retail brands, has filed to seek Chapter 11 bankruptcy protection. The news shows that not even companies aimed at high-end consumers are immune to economic downturns. Here’s what you need to know. What’s happened? On Wednesday, January 14, Saks Global announced that it is seeking Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. At the same time, the luxury retail brand announced that it has also secured $1.75 billion in financing commitments. Much of this money will be used by Saks Global …

When the FIFA World Cup 2026 arrives in the United States this June, it will signal more than soccer’s return to its fastest-growing commercial market. The tournament will span three countries—the United States, Mexico, and Canada—for the first time, becoming the largest World Cup ever staged. The scale, however, is also forcing a technological reset. As modern global sporting events grow in scale, expectations have evolved alongside them. Audiences now look for more immersive broadcasts and real-time data, broadcasters face rising reliability demands, and governing bodies continue to push for greater transparency and precision. Together, these pressures are starting …

In a parking lot in Detroit next to the Henry Ford Museum, three streetlights now double as EV chargers. The site is one of the first installations of the Voltpost Air, a device that taps into existing infrastructure to quickly add charging capability at the side of the road or in parking lots. The approach is simpler than adding stand-alone EV chargers: Installation takes just a few hours. “We don’t have to do costly utility upgrades to the grid in order to this,” says Jeff Prosserman, cofounder and CEO of Voltpost. “We’re just finding pockets where power already exists and then making it work.” That’s possible partly because the chargers are Level 2, mea…

On the surface, Apple’s announcement on Tuesday of a subscription service called Apple Creator Studio does not demand a whole lot of explanation or analysis. The Mac/iPad/iPhone offering, which bundles the Final Cut Pro video editor, Logic Pro audio editor, Pixelmator Pro image editor, and other apps for making and manipulating media for $13 a month or $129 a year, is exactly the sort of thing you’d expect the company to get around to introducing. After all, its strategy of expanding the portion of its revenue that comes from services has already resulted in offerings such as Apple TV, Apple Music, Apple Arcade, and Apple News+. It would have been weird if Apple hadn’t p…

A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom maneuvers to defeat a levy that he fears will lead to an exodus of wealth. A technology mecca, California has more billionaires than any other state — a few hundred, by some estimates. Nearly half its personal income tax revenue, a financial backbone in the nearly $350 billion budget, comes from the top 1% of earners. A large health care union is attempting to place a proposal before voters in November that would impose a one-time 5% tax on the assets of billionaires — including stocks, art, busin…

A GoFundMe page is raising thousands to support a worker at the Ford Rouge Plant in Dearborn, Michigan, after he openly criticized President The President—to his face. The worker, identified in media reports as TJ Sabula, heckled The President while he was visiting the plant on January 13. In a video obtained by TMZ, Sabula can be heard calling the president a “pedophile protector.” In response, the president can be seen mouthing an expletive and telling Sabula “you’re fired” before flipping him off. Ford reportedly didn’t hesitate to act, with the automotive giant immediately suspending Sabula, according to the Wall Street Journal. Fast Company reached out…

If you’d like to do a thorough review of your portfolio and plan, here are the key steps to take. I recommend doing them over a series of sessions, not all at once. Step 1: Gather your documentation This could be your current investment statements, plus Social Security and pension. Pro tip: Set up a My Social Security account to get an overview of your benefits and earnings history. Step 2: Ask and answer: How am I doing? To find out if you’re on track to reach your financial goals, review your current portfolio balance, combined with your savings rate. Tally your contributions across all accounts. A decent baseline savings rate is 15%, but higher-income fol…

Heinz’s newest product isn’t a ketchup, or a mayo, or some Frankenstein combination of the two. It’s a box—and it’s solving a problem that’s plagued lovers of french fries for decades. The patent-pending “Heinz Dipper,” unveiled on January 13, is an innovation the company is describing as a “first-of-its-kind fry box.” At first glance, it looks like a classic french fry box that you’d get at any run-of-the-mill fast-food joint, but a closer examination reveals a pullout compartment (shaped like Heinz’s keystone logo) that can hold two packets of whatever condiment you prefer. The Heinz Dipper is debuting at more than 33 restaurant and sports stadium partners arou…

“Never skip leg day” sounds like something a swole gym bro with killer quads might harp on about. But doctors also sing the praises of lunges and split bench squats, and not for the reason you might think. In a recent article for Vogue, California-based physician Dr. Chris Renna said: “Stronger leg muscles are linked to better cognitive function in aging mainly through their effects on blood flow, metabolic health, brain structure, and physical/social activity patterns.” Muscle mass starts to decline at age 30. As the largest muscle group in the body, maintaining muscle strength in the thighs and glutes is especially important for healthy aging—and apparently, bra…

China’s trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S. under President Donald The President’s onslaught of higher tariffs. China’s exports rose 5.5% for the whole of last year to $3.77 trillion, customs data showed, as Chinese automakers and other manufacturers expanded into markets across the globe. Imports flatlined at $2.58 trillion. The 2024 trade surplus was over $992 billion. In December, China’s exports climbed 6.6% from the year before in dollar terms, better than economists’ estimates and higher than November’s 5.9% year-on-year increase. Im…

Ikea’s new store is in the metaverse. The company announced Wednesday it’s piloting a limited-edition pop-up in Roblox’s “Welcome to Bloxburg” game offering players Ikea products they can use to decorate virtual homes. This is the first time that the Swedish furniture retailer has entered gaming in a meaningful way, since an earlier Roblox game in 2024, according to the company. It comes after noticing for years how young adults and teens were building and designing homes in games and wondering why Ikea wasn’t a part of it. “Ikea wanted to better understand how Gen Z and Gen Alpha think about furnishing and self-expression, recognizing the need to meet them on…