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The affordability crisis has gotten so bad that Love Island winners are spending their $100k on bills and student loans | Fortune
The post-villa financial path for Love Island USA winners tends to follow a similar, seemingly glamorous trajectory. Take home $100,000 in the final—shared dutifully with your newfound flame—and sign a series of brand deals, while raking in cash in...
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New Dow CEO drives ‘transformation’ back to profitability amid oil market upheaval | Fortune
More than 30 years after joining Dow Inc. as an intern, Karen Carter became the CEO this year, taking the helm of a company grappling with financial losses, a corporate restructuring, thousands of layoffs, and the shuttering of some...
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Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at cloud business | Fortune
The AI trade is coming to a realization: America’s best businesses are turning into utilities.Such is the fate that befalls Meta, whose shares fell as much as 10% in after-hours trading Wednesday after the company missed earnings owing to...
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Robinhood CFO details surging prediction market business as firm posts record revenue in Q2 | Fortune
Robinhood beat analyst expectations on several fronts for the second quarter. That included record revenue of $1.31 billion, which beat estimates of $1.25 billion to $1.28 billion, and earnings per share, which came in at $0.62 versus the $0.42...
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Wall Street is panicking over Kevin Warsh’s patience | Fortune
Kevin Warsh, in his second press conference as Fed chairman, gave the bond market credit for doing his tightening for him. Within the hour, it went further, and made clear what it thought of his decision not to raise...
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Better guacamole? How avocado import rules helped cut Mexico’s water pollution – it holds lessons for future US trade deals
At picnics and World Cup watch parties across the United States this summer, people have been reaching for bowls of chips and guacamole. Most of that guacamole is made from avocados grown in Mexico –...
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Got money questions? How to get chatbots to give you accurate answers
Finding good financial advice can be stressful – and expensive. That’s one reason why chatbots have become an increasingly popular and free alternative.But using artificial intelligence to answer your pressing money questions also carries hidden...
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Family feud over Chadwick Boseman’s estate highlights 3 lessons for grieving families
Chadwick Boseman’s death from colon cancer in 2020 shocked his fans. The actor and playwright, best known for starring in Marvel’s first “Black Panther” movie, worked throughout his private battle with the disease.Six years after...
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The American Dream has given way to the ‘Great Postponement,’ writes Ivy League professor, and achieving it doesn’t rely on hard work anymore |...
For many workers in the United States (and around the world for that matter), the American Dream is a beacon of hope: The idea that anyone, regardless of social class or where they were born, can prosper and succeed...
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‘It is okay not to be okay’: NFL legend Terrell Davis joins growing roster of athletes partnering with big pharma to raise health awareness...
For decades, pharmaceutical advertising largely revolved around television commercials urging patients to ask their doctors about branded medication. Increasingly, however, drugmakers are investing in a different kind of marketing campaign—one built around trusted athletes who have publicly discussed their...
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France makes major progress in wildfire fight, but danger still lurks
Even though France's biggest wildfire crisis since 1949 has been contained, many of the blazes are still burning. Ramy...