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Bulgaria is a step closer toward becoming the 21st country to adopt the euro and join the euro zone. On June 3, the European Commission announced that the Balkan nation now fulfills the four nominal convergence criteria requirements to adopt the single currency and enter the euro zone, and it may transition as soon as January 1, 2026. “The euro is a tangible symbol of European strength and unity,” European Commission President Ursula von der Leyen said in a statement. “Bulgaria’s economy will become stronger, with more trade with euro area partners, foreign direct investment, access to finance, quality jobs and real incomes. Bulgaria will take its rightful place i…

Smartphone cameras are still getting bigger and better by the year, particularly if you look at high-end phones coming out of China with huge sensors and protruding bumps to match. These phones can deliver awesome results, and I’m happy to use them in several situations where I would previously have had to rely on a dedicated camera. Just this week I used the Xiaomi 15 Ultra to shoot a Formula One event in Tokyo. But for all the advances that have been made, the laws of physics remain undefeated, and you’re still going to get better results from a camera setup that’s able to make use of larger lenses and sensors. Phones do need to be able to fit into our pockets, aft…

There’s a quiet transformation underway in how we eat. It’s not being led by chefs, influencers, or climate activists. It’s being driven by a new class of pharmaceuticals that are changing the way millions of people relate to food itself. GLP-1 drugs like Ozempic and Wegovy work by altering hunger signals in the brain. These medications don’t just help people feel full sooner. They are reshaping consumption patterns across the board. When hunger changes, everything from portion sizes to snacking habits and flavor preferences follows. This is fueling a broader redefinition of how we think about protein. What used to be a food category mostly associated with muscle-…

AI is fundamentally re-engineering how work is done, who does it, and why. From AI-assisted nursing tools enabling healthcare providers to serve more patients to robotics improving retail fulfillment efficiency, the change is monumental. Organizations must establish a common language around work to navigate this transformation effectively. This raises a critical question: Who bears the responsibility for preparing the workforce for the AI age? Industry expert Josh Bersin notes that thriving in this era requires redesigning work, jobs, and organizational models—deconstructing tasks, evaluating AI solutions, and defining the human role alongside automation. This imp…

Of all the modern parenting paradoxes, navigating screen time usage might be one of the most complex—and divisive. Critics of screen time claim it can negatively impact social skills, behavior, and sleep. Proponents say it can help kids learn about living in a digital world, improve cultural awareness, and serve as a means of communication. Parents say sometimes they just need a break. The truth, of course, lies somewhere in the messy middle of it all; like so many aspects of parenting, it’s all about finding the balance that’s right for you and your child(ren). Screen time is just one of many topics explored in Poems of Parenting, a new collection of poetry out A…

OpenAI is introducing image generation directly within ChatGPT. Powered by its flagship multimodal model, GPT-4o, the chatbot can now create visuals straight from the chat interface. The feature will initially be available to ChatGPT Plus, Pro, Team, and free users. Enterprise and Education tier users will get access soon. “Today we have one of the most fun, cool things we have ever launched . . . native images in ChatGPT,” OpenAI CEO Sam Altman said at the beginning of a video stream Tuesday. Altman acknowledged that the feature had been highly anticipated—especially since competitors like Google Gemini have offered integrated image generation since mid-2024. …

If you want to instantly reveal your age, just order a hot black coffee — seriously. Gen Z is flipping the script on how coffee is consumed, and spoiler: they like it cold, sweet, and loaded with creamer. For a lot of younger drinkers, that very first cup of coffee was just as likely to be iced as it was hot. And get this—about 85% of Gen Z coffee fans are adding creamer, compared to just 70% of coffee drinkers overall. That shift in taste is making waves in the industry. Nestle, for example, has been rolling out new products to keep up—from cold-dissolving instant coffee to liquid espresso concentrates and all kinds of flavored toppings. “We’ve done a lot of thin…

Amazon is betting big on movie theaters—even if it isn’t counting on mega profits. The Silicon Valley giant told The New York Times last week that it is planning to release about 14 movies annually in theaters across the United States, an untraditional move for a company that has for years focused on streaming. Instead of simply dropping films directly onto Prime Video, its streaming service, Amazon wants audiences to see its movies on the big screen first—typically for 45 days—before they’re available for streaming. Three years after Amazon bought MGM for $8.5 billion, the tech giant is signaling that it is ready to compete more directly with Hollywood’s biggest …

When meeting clients, I make one promise—to see the world as it could be. That’s not a bad message right now. It’s a pretty weird world out there. The volatile political and socio-economic landscape can make us all feel like things are going to hell. And in the slightly less real world of marketing and advertising, that’s even more the case. The challenges of any agency or client team continue to escalate. Instability abounds. Then there’s the issue of client loyalty, reduced scopes, tighter timelines, and the not-so-secret plan of AI to take everyone’s jobs. And then the cynicism comes. As we know, misery loves company, so soon—if you want to find it—it can turn…

Most people know Henry Ford as the founder of the Ford Motor Co. and creator of the trailblazing Ford Model T. But fewer are likely to be familiar with his side occupation as a hotelier. In 1931, Ford Motor Co.’s headquarters in Detroit was connected to other major cities by the now-defunct Ford Airport, an airline service for which Ford himself provided the necessary land and main investment. Ford realized that many of the travelers and business partners who flew in to the Dearborn airport would want somewhere convenient to stay after their long journeys. The thought led Ford to build one of the country’s first airport hotels. [Photo: Isaac Maiselman Photography]…

The climate activist group Just Stop Oil (JSO) has announced the end of its campaign of direct action. Many will read the group’s legacy through the lens of public hostility: the frustration caused, the angry headlines, the outrage at its tactics. Not only have JSO activists been spat at, physically assaulted and run over by angry car drivers, but 15 members are also currently serving jail sentences following arrests and charges. But the intense backlash directed at JSO is not evidence that its campaign faltered. It is a sign that these activists succeeded in emotionally charging the public debate about climate change. They gave the public something to argue about, re…

Almost seamlessly, the two sides of a scenic forest in Alberta, Canada, have been woven back together. Located between Calgary and Banff National Park, this stretch of the Canadian Rockies is sliced in two by the Trans-Canada Highway, one of the busiest roadways in the province. That’s had deadly consequences for the area’s abundant wildlife, as well as the tens of thousands of people who drive through it every day. But now, after years of mounting wildlife-vehicle collisions, the danger to animals and humans is being addressed with a stunning new wildlife overpass. The Bow Valley Gap wildlife overpass is a roughly 200-foot-wide cap over a four-lane highway, toppe…

Are you prepared for when the power goes out? To prevent massive wildfires in drought-prone, high-wind areas, electrical companies have begun preemptively shutting off electricity. These planned shutdowns are called public safety power shutoffs, abbreviated to PSPS, and they’re increasingly common. So far this year, we’ve seen them in Texas, New Mexico, and California. Unlike regular power failures, which on average last only about two hours while a piece of broken equipment is repaired, a PSPS lasts until weather conditions improve, which could be days. And these shutoffs come at a steep price. In 2010 alone, they cost California more than $13 billion. A 2019 analysi…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. When assessing home price momentum, it’s important to monitor active listings and months of supply. If active listings start to rapidly increase as homes remain on the market for longer periods, it may indicate pricing softness or weakness. Conversely, a rapid decline in active listings could suggest a market that is heating up. Generally speaking, local housing markets where active inventory has returned to pre-pandemic levels have experienced softer home price growth (or outright price declines) over the past 30 months. Conversely, local housing ma…

In a correctional facility just outside of Silicon Valley, a Goodwill store operates inside the prison walls. And the women who are incarcerated there are both the employees and the customers. This Goodwill store, which opened in October 2024, is the first of its kind, and the team behind it hopes that the program will help incarcerated women get back on their feet—whether it’s with a new job or new clothes—as quickly and easily as possible. [Photo: Santa Clara County Sheriff’s Department] The shoppers are women who are about to get released; typically about three people come in each day. Traditionally, when a woman is released from Elmwood Facility, she is gi…

Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. Before there was Apple, Medtronic, or Tesla, there was General Electric (GE). Created in 1892 from the combination of Thomas Edison’s Edison General Electric and two other competitors, the American conglomerate was once the most powerful, valuable, and inventive company in the world. …

The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual dues for access to peer learning, thought leadership opportunities, events and more. In today’s shifting political and economic climate, companies are reassessing their commitments to diversity, equity, and inclusion (DEI). Many are pulling back, and in the process, investments in women’s sports—often lumped into DEI initiatives—are being questioned. But treating women’s sports as merely a diversity play misses the mark. This isn’t just about fairness; it’s about smart business …

Nations are trying to reach an agreement to charge commercial vessels a fee for their emissions in what would effectively be the world’s first global carbon tax. The International Maritime Organization, which regulates international shipping, set a target for the sector to reach net-zero greenhouse gas emissions by about 2050, and committed to ensuring that fuels with zero or near-zero emissions are used more widely. Its Marine Environment Protection Committee meets Monday through Friday in London. The committee, comprised of IMO member states, is working to approve proposed new global regulations to put a price on maritime greenhouse gas emissions and to set a ma…

eToro Group Ltd has announced that it plans to take itself public in an initial public offering. The company made the announcement in a press release today, in which it confirmed that it had filed its Form F-1 registration statement with the U.S. Securities and Exchange Commission (SEC). However, there are still many unknowns about eToro’s IPO. Here’s what we do know—and what still needs to be revealed. What is eToro Group Ltd? eToro Group Ltd is the name of the company that operates the eToro trading platform. Like other trading platforms, eToro allows investors to buy and sell a number of assets, including stocks and cryptocurrencies. But eToro is slightly differ…

For the second time in more than 20 years, the Mega Millions lottery is getting a facelift. Tickets will now be twice as expensive, but prizes will also be bigger—and the odds of winning the jackpot have gone up (though your chances of taking home the prize are still infinitesimal.) The new version of Mega Millions rolled out to players on tickets this Saturday, and the updated game will see its first drawing tomorrow. Here’s what you need to know about how the game has changed (and what it means for your wallet): How much are tickets? As of this Saturday, ticket prices for the Mega Millions have gone from $2 to $5 apiece. According to a press release, the pric…

In the forests of eastern Australia, satin bowerbirds create structures known as “bowers.” The males gather twigs and place them upright, in two bundles, with a gap in the middle, resulting in what looks like a miniature archway. All around the bower the bird scatters small objects—shells, pieces of plastic, flower petals—which all possess the same property: the color blue. Studies suggest that the purpose of the bowers is to impress and attract females. But their beauty and intricacy has left some researchers wondering whether they shouldn’t be considered art. A male bower bird, left, stands by as two females inspect his work. [Photo: doug/Flickr] Of cours…