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HISTORICAL FACTS: 51 - The Untold Story

It's not a recession. But Goldman says your paycheck is acting like it

Real income growth has slowed to a pace "rarely seen outside of recession," Goldman Sachs warns — and Americans are only beginning to feel the squeeze.

Fortune

FIFA’s foray into dynamic pricing may be backfiring by keeping actual fans out of the World Cup—and sending some prices lower as backlash hits demand

Tickets for the final match on July 19 cost as much as $33,000.

Fortune

Nike and U.S. soccer execs on the World Cup: 4 weeks of games, 4 years of prep, 6 years of jersey design

All that prep is needed to "leave a lasting impression for the next four years,” Nike COO Venkatesh Alagirisamy told Fortune.

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Cognizant CEO is swimming against the tide on AI: he's hiring over 20,000 graduates this year and says AI tokenmaxxing is a 'vanity metric'

Ravi Kumar S., CEO of $27 billion IT firm Cognizant, says AI won’t kill entry-level jobs—and companies obsessed with tokens are measuring the wrong thing.

Fortune

The automation illusion: Why AI is making COOs' jobs harder, not easier

The executives responsible for keeping the world's biggest companies running thought AI would simplify their jobs. They were wrong.

Fortune

Grey rhinos, black swans, and the kidnapping of Nancy Guthrie: What Corporate America still gets wrong about risk

Crisis24 President Sid Kosaraju said hackers at his firm were able to pinpoint his daughter's activity. "They could get into the school website."

Fortune

The 'godfather of AI' says we're not just creating new beings — they'll be much smarter than us, and soon

The race to make the smartest possible AI that can do the most things will "lead to things that aren't nice beings towards us," Geofrey Hinton said.

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‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we're beyond it 6 years early

Head of Research Ollie O’Donoghue said even plumbers aren’t immune to AI. “The plumber still fixes the pipe,” but AI can inspect and diagnose.

Fortune

Why Amy Lee, the niece of Singapore’s first prime minister, helped launch a crypto-friendly bank

Singapore Gulf Bank comes from a partnership between the Whampoa Group and Mumtalakat, Bahrain’s sovereign wealth fund.

Fortune

Okta's President and COO says companies are in denial about the hardest part of the AI revolution: redesigning work itself

The transition from workforce to work planning — budgeting for both "human workers and digital workers," is breaking people's brains, Eric Kelleher said.

Fortune

Harvard Law: Anthropic is about to sell a safety mission that Wall Street can veto

Only three companies have ever installed investor-overriding mission guardians. Two of them, including Ben & Jerry's, failed.

Fortune

Anthropic confidentially files its S-1 first—but the IPO race with OpenAI is just beginning

As two AI giants hurtle towards IPOs, Anthropic is showing early momentum.

Fortune

Buffett says Abel 'has launched' with his first big Berkshire deal: an $8.5 billion housing bet

The Taylor Morrison acquisition checks every box in Warren Buffett's playbook—except one.

Fortune

Erin Brockovich, the activist who defeated a utility giant and inspired a Julia Roberts film, is pushing data centers to be more transparent

Brockovich’s new data center tracking project has collected nearly 4,000 complaints nationwide.

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A 'quiet' wildfire year just became the most expensive one ever

The January 2025 fires in LA alone ended up costing $140 billion in total.

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After issuing more than $20 billion in tariff refunds, the Trump administration is now pursuing legal action to bring the process to a standstill

The Justice Department said in a court filing it would appeal a federal judge’s order allowing all importers—not just those who sued the administration—to seek out refunds.

Fortune

Gen Z is losing the most in the AI economy—and Goldman warns it's about to get worse

Goldman has good news on the AI job-killing story, until you look closely at the numbers.

Fortune

Property prices are down in Dubai. Is it a war-induced blip, or something more serious?

Dubai’s real estate market has often defied expectations.

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AI will turn all of your hotel experiences into luxury ones

Automating monotonous tasks will allow hotel staff to spend more time catering to the needs of each guest than before.

Fortune

As loyal Boomers win and job-switching Gen Zers lose, the labor market of 2026 reveals a decade of bad career advice

For years, the playbook was clear: don't stay too long, always negotiate your next move, loyalty is for suckers. It hits different in "low-hire, low-fire."

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CEOs are losing confidence in the economy and expect conditions to worsen in the next six months, survey finds

CEO confidence fell 12 points this quarter as the economic impacts of the Iran War hit American businesses.

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Apollo chief economist says there's ‘zero evidence’ AI is killing jobs—in fact, he says it's creating them

Torsten Sløk, chief economist at Apollo, says AI will only create more jobs for human workers—even as companies tie their layoffs to the tech.

Fortune

The Strait of Hormuz is splitting into U.S. and Iranian lanes as ship traffic picks up even while fighting intensifies

Over the last three weeks, Central Command has guided about 70 ships in and out of the Persian Gulf.

Fortune

The Iran conflict has disrupted oil supply. Gulf states are now looking to multi-billion-dollar investments in renewables

The U.S.-Israeli war with Iran has triggered the largest oil supply disruption in history, accelerating Gulf diversification efforts and promoting major new investments.

Fortune

SpaceX’s $1.4 billion Bitcoin hoard is a strategic reserve for its cash—and an accounting headache

“Marking $1.45 billion in Bitcoin to market each quarter can produce wild swings … that have nothing to do with rocket launches or satellite performance”

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