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The AI economy could crash on mounting chip costs — and those token costs won’t help | Fortune

The AI economy could crash on mounting chip costs — and those token costs won't help | FortuneRakesh Kumar is a Professor and John Bardeen Faculty Scholar in the Electrical and Computer Engineering Department at the University of Illinois...

When loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch | Fortune

To stay or to go? That’s the perennial question for workers trying to maximize their pay in a “peanut-butter” raise economy. But in the era of job-hopping and freelancing, freedom can come with a cost. For higher earners, loyalty is...

America finally crushed smoking—then defunded the playbook | Fortune

The cigarette smoking rate among U.S. adults dropped to another all-time low last year, with 1 in 11 adults saying they were current smokers, according to government survey data released this week.Cigarette smoking is a risk factor for lung...

Asana was battered by the AI age. Now it’s betting its future on a pivot to AI agents. | Fortune

Workplace management company Asana has lost roughly half of its market value since the AI boom began. Now, it’s trying to find its way back by betting on a future where AI agents are fully immersed in the workplace.On...

Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat | Fortune

The Kremlin sounded the alarm on its deteriorating finances earlier this year, just as its war on Ukraine pivoted dramatically against Russian forces.According to a letter seen by the Financial Times, Russia’s finance ministry estimated in Feb. that spending...

Trump floated the idea of a 15% government stake in massive railroad merger | Fortune

President Donald Trump recently expressed interest in the federal government acquiring a 15% stake in a massive railroad merger—remarks that took on new resonance this week when a federal regulator put the $71.5 billion merger of Union Pacific and...

Anthropic leapfrogs OpenAI with a record $965 billion valuation, says Mythos is coming in weeks | Fortune

Anthropic is having a busy week. On Thursday, the San Francisco-based AI lab announced it had raised $65 billion in a new funding round that valued the company at $965 billion, making it the most valuable AI startup in...

When ICE ramped up enforcement, US-born workers didn’t see any economic gains

President Donald Trump campaigned on a promise to strengthen the labor market. His immigration platform – including a pledge to conduct the largest deportation campaign in U.S. history – was central to that promise.“For too...

Wall Street’s staglfation fears are easing thanks to the mere hint of a U.S. deal with Iran | Fortune

Positive noises from the White House about Iran negotiations have analysts hoping to side-step many of the stagflationary surprises they had been fearing. With tensions in the Middle East dragging on and oil prices rising higher as a result, economists...

The ‘imminent’ oil crisis isn’t at the pump—it’s under your hood | Fortune

Prices at the pump have surged and global fertilizer shortages are spreading because of the war in Iran, but the most immediate supply chain crisis hitting consumers may be one that arrives every 5,000 miles: the routine engine oil...
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