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The Latest Breaking News from Fortune

As NYC cracks down on illegal weed shops, 3,000 are going up in smoke. It’s no ‘urban doom loop,’ but could be a ray of hope for priced-out legal retailers

The city has been inundated with unlicensed cannabis dispensaries while legal shops have gotten off to a slow start.

Fortune

Los Angeles was overpriced so I moved to Tulsa. My extended family followed me here, and we love it—and I’m a homeowner

A favorable housing market wasn’t all that Tulsa offered financial planner Jasmine Ball, who lists emotional benefits, as well.

Fortune

I’m a CEO and 12 of my employees are in ‘flextirement.’ With boomers opting not to retire, the arrangement will become more common

Flextirement provides a cost-effective way to attract experienced employees and retain them, says Optima Office CEO Jennifer Barnes.

Fortune

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Climate technology forgot the consumer is still king

We can’t blame consumers for climate change until we give them better options.

Fortune

OpenAI’s path forward may be clearing as the company looks to put aside old troubles—and face new ones

At Fortune’s Most Powerful Women Dinner in San Francisco, Murati clapped back at Elon Musk, addressed privacy concerns, touted new executive hires, talked about Apple, circumnavigated IPO questions, and overall hammered home that OpenAI is in its “next phase.” But what I’d argue is that there’s something more nuanced going…

Fortune

Gen Zers confuse employers. Surveys taken across decades reveal insights on recruiting, retaining, and managing them

Gen Zers now outnumber boomers in the workforce—and many companies don't understand them.

Fortune

Ryanair boss Michael O'Leary 'will make a fortune this Christmas' on passenger cap

Dublin Airport's 32 million passenger limit means O'Leary's Ryanair will charge passengers through the nose for seats.

Fortune

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A landmark 5-year study is seeking to understand the link between money and human flourishing. Here’s how its findings could change the world

Researchers at the Harvard Human Flourishing Program are trying to uncover the link between money and well-being.

Fortune

Here’s how Meta’s virtual-reality workout compares to real-life exercise

A new study finds the workouts just as effective as real-life “high-quality cardiovascular activity” like running, boxing, and swimming

Fortune

Amazon often says its employees are satisfied. Workers explain why you should question the data

Amazon is at the forefront of companies that seek employee feedback, with a Connections tool that provides a daily survey of its 1.5-million-employee workforce. But while Amazon’s intentions may be laudable, some employees say the results should be taken with a grain of salt.

Fortune

Glue on pizza? Google's AI overviews reminiscent of "google bombing" trend

Sometimes Google still suggests putting glue on your pizza, as reports about the fallacious advice keep feeding the algorithm.

Fortune

The Fed just penciled in only one interest rate cut this year—but officials are divided on policy

While seven Fed officials are projecting one rate cut this year, four see no cuts, and eight see two cuts in a sign of a divided central bank.

Fortune

How a Facebook and Nike executive secretly pulled off a $5 million scam

Barbara Furlow-Smiles was a DEI manager for Facebook and Nike. She's now facing a five-year prison sentence.

Fortune

The hot metros of the pandemic are crashing back to earth as demand for their homes cools

Housing markets in Texas and Florida were once all the rage, so their home prices and rents soared, but now they’re falling in this very different economic environment.

Fortune

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Fortune

Google CMO: There is a perception that AI is going to threaten the very nature of creativity. Here’s why I disagree

The future of AI is not set. It will be shaped by our actions today, writes Google's Chief Marketing Officer Lorraine Twohill.

Fortune

I picked Baton Rouge over New York or L.A. after earning an MIT engineering degree—and am loving its genuine sense of community

After the anonymity of bigger cities, the Louisiana capital’s culture and community has invigorated David Hou.

Fortune

Investors celebrate as an ‘unequivocally good’ inflation report opens the door for Powell to cut rates this fall

Fitch Ratings’ head of U.S. economic research called the CPI report “a delightful appetizer while we await the main course.”

Fortune

At least 35 of America’s billionaires are Ph.D.s. As academic jobs become scarce, doctorates should get down to business

It is estimated that the private sector now employs about as many Ph.D. graduates as educational institutions.

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Fortune

Jake Paul’s rare CVS trip to buy deodorant inspired his next business venture—and he refuses to follow the CEO playbook

Influencer-turned-boxer Jake Paul’s new personal-care brand W is a bid to win over Gen Z and Gen Alpha men.

Fortune

Hiring of new CFO reflects OpenAI's 'next phase,' CTO Mira Murati says

OpenAI now has two prominent female executives in its C-suite.

Fortune

As the chip race heats up, a new multipolar world is taking shape

Chip manufacturing will become like oil: There will be a small number of producers for something that everybody needs.

Fortune

Elon Musk and Larry Fink, at times ideological opposites, converge on shareholder democracy

Shareholder democracy is emerging as the middle ground between shareholder primacy and stakeholder capitalism.

Fortune

Building more housing is a top priority in these 10 YIMBY cities, Pacaso says

Residents of these cities are saying “yes, in my backyard” to new housing development.

Fortune

Adapt or die: Is the future bright for business amidst the AI boom?

Most companies have a short lifespan before falling victim to the latest technology—this year's Fortune 500 list proves otherwise.

Fortune

AI tools are illegally training on real children, including for explicit material

170 photos of Brazilian children have been scraped without parental consent, Human Rights Watch said.

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