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Walmart CEO says that the retail giant and its AI shopping assistant aren’t using personal information to set prices amid rollout of digital labels...
Walmart is aiming to assuage customers’ fears about its new pricing technology as it rolls out digital price labels at its stores.In a statement posted on the company’s website, Walmart Inc.’s CEO John Furner vowed that the Bentonville, Arkansas-based retailer isn’t...
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Thinking about buying stocks instead of a home as mortgage rates top 7%? The S&P 500 has blown away the housing market over the...
Jason Ma -
From an investing perspective, U.S. homes have paled in comparison to the stock market in recent years, and the surge in mortgage rates will likely widen that mismatch.The housing market has been largely frozen since the COVID-era boom ended...
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Sand deficit: Coastal erosion is so bad in California that the residents of this mostly Republican city may tax themselves to restore the beach...
For years, residents of this Southern California beach town could walk a mile along a stretch of cream-colored sand and dip their toes in the waves lapping ashore.That trip has been cut short.Coastal erosion has been eating away at...
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The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or else get sucked into a...
Jason Ma -
High gas prices and low consumer sentiment over the cost of living have obscured how robust the U.S. economy has been lately.Not only has the economy absorbed shocks from President Donald Trump’s tariffs and war on Iran, it has...
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As soaring energy prices crush businesses, France rolls out a new $500 million aid package, including help with commuting and heating costs | Fortune
As the lights of their small bakery flicker on in the early morning darkness, Kevin and Sandrine Luce’s oven is already cranked up to 270 degrees Celsius (518 degrees Fahrenheit) to give their latest batch of baguettes a crunchy crust.When the...
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The making of Tim Cook: How Apple’s departing CEO went from ‘the genius behind Steve Jobs’ to a star in his own right |...
When Fortune first put Tim Cook on its cover in 2008, senior writer Adam Lashinsky introduced him as the “under-the-radar guy” who might someday succeed Steve Jobs as Apple CEO—a “genius” and an “operations whiz,” but also a “blank slate” to...
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Gen Z aren’t ready for the workplace—and this youth job program CEO is giving them a crash course in emails and workplace etiquette to...
Gen Zers are eager to land their first internships and full-time jobs, but getting a foot in the door has become increasingly difficult for many. Employers say the youngest class of corporate workers aren’t equipped to thrive in today’s...
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Trump’s new Medicaid rules will kick in, and GOP states are tougher. Someone may be too frail to work but can’t afford to see...
Work requirements for some Medicaid beneficiaries begin across the U.S. in January, the result of President Donald Trump’s big 2025 tax cut and policy law, and a handful of Republican-led states are imposing tougher rules than the law requires.At...
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An 87-year-old woman was evicted via stretcher from a Madrid apartment she lived in for decades, sparking mass protest against Spain’s housing crisis | Fortune
Tens of thousands of people took to the streets in Madrid on Saturday to protest against Spain’s housing crisis and ask for protective measures for tenants, anti-fraud rules, and a ban on evictions without alternative housing.The protest came in reaction to...
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Here’s how much worse U.S. debt could get as Treasury yields surge to the highest levels in two decades | Fortune
Jason Ma -
Soaring Treasury yields are raising concerns in Congress as their precipitous rise in recent months further darkens the outlook for U.S. debt.The 10-year yield shot up to 5.23% on Friday, the highest level since 2007 and more than a...
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Letters with ‘suspicious substances’ sent to US election offices
Federal authorities say they are investigating "potentially hazardous" letters containing "suspicious substances" that have been sent to congressional and...