ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 931,44 points or -1.36% to 67,470.69 • Shanghai decreased 26.193 points or -0.64% to 4,057.781 • Hang Seng decreased 379.81 points or -1.48% to 25,253.40 • ASX 200 decreased 99.60 points or -1.13% to 8,686.10 • SENSEX increased 13.84 points or 0.02% to 74,360.01 • Nifty50 increased 10.95 points or 0.05% to 23,416.55 The major Asian currency markets had a mixed day today: • AUDUSD increased 0.00111 or 0.16% to 0.71396 • NZDUSD increased 0.00178 or 0.30% to 0.58758 • USDJPY decreased 0.078 or -0.05%…
Author: Staff Writer
Walmart already brings groceries, prescriptions, and household basics to your door in as little as 30 minutes. Now it will throw in lunch via a new food-delivery service. Starting this month, customers can add a freshly made Subway sandwich to their Walmart delivery order—the first restaurant meal the retailer has folded into its same-day service. Customers in select markets can now order a Subway meal directly through the Walmart app or Walmart.com and have it arrive in as little as 30 minutes—on its own or tucked alongside the groceries, prescriptions, and household staples that are already available through the retailer’s…
Most U.S. stocks are rising Thursday as oil prices ease, but slumps for influential artificial-intelligence winners are keeping Wall Street in check. The S&P 500 added 0.3% a day after dropping from its all-time high and coming just short of its longest winning streak in three decades. The Dow Jones Industrial Average was up 925 points, or 1.8%, as of 12:34 p.m. Eastern time, and the Nasdaq composite was 0.2% lower. A clear majority of stocks on Wall Street climbed, including 3 out of every 4 in the S&P 500. They got a boost from a 2.8% drop for the price of Brent crude…
Zohran Mamdani loves the Knicks, and while all New Yorkers may not be a fan of the democratic socialist mayor’s policies, few are likely to argue with his passion for NYC’s most popular teams. The 34-year-old mayor has been vocally supporting his team as they make their first NBA finals run since 1999. At the same time, Mamdani has been using the exciting and wildly popular historic moment to capture the attention of New Yorkers and direct them toward pressing political matters. In a political ad that aired on Wednesday night during post-game coverage, Mamdani reminded New Yorkers to get…
Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a senior writer at Fast Company, covering emerging tech, AI, and tech policy. This week, I’m focusing on Meta’s bid to deploy advanced commercial AI agents across its massive messaging network. I also look at Microsoft CEO Satya Nadella’s crafty defense of data center water usage, and at a dramatic shift in public sentiment against new data center projects. Sign up to receive this newsletter every week via email here. And if you have comments on this…
A decade ago, success in media meant capturing the largest possible audience. Today, it increasingly comes from serving the superfans. But a deeper shift is underway. The most engaged audiences are no longer centered around the original franchise—they’re centered around specific moments, characters, or interpretations of it. Sub-fandoms are already driving more engagement than the source material itself. We see this across entertainment, from viral clips to gaming, where watching others play has become as big as—or bigger than—playing the game itself. However, the content cycle hasn’t caught up to this change. Studios release major films every few years, or…
McDonald’s spent decades training customers that if you had a dollar, you could get a burger. Now it’s trying to redefine what “value” means, and it turns out customers have a very different idea. More important, those customers aren’t about to pay $2.50 for something they think should cost a lot less without complaining about it. It’s less a story about burgers and more a story about trust. Specifically, it’s a story about the promise McDonald’s has made its customers for decades. It’s also about the trust problem the company created entirely on its own when its customers decided it was no longer keeping…
Four generations are now sharing the same workplace: baby boomers, Gen X, millennials, and Gen Z. Each generation brings different expectations around leadership, communication, flexibility, and AI implementation. As a result, managers are stretched to the limit and are searching for a strategy that works across generations. In this episode of FC Live, moderated by executive digital director Maia McCann, Fast Company editor Shalene Gupta and multigenerational workplace expert Lindsey Pollak have a candid conversation about what’s actually driving the tension. They are joined by two Gen Z members of the Fast Company editorial staff, María José Gutiérrez Chávez and…
Senator Bernie Sanders wants the American public to own half of the country’s largest AI companies. The senator said this week that he will soon introduce the American AI Sovereign Wealth Fund Act, which would create a public fund through a onetime 50% tax on the stock of major artificial intelligence companies. The public, in his telling, would get voting shares, board representation, and eventually a claim on the trillions of dollars that AI may generate. While that might sound, at first, like another sweeping and unlikely bill from the Vermont Independent, its timing is interesting: A day later, President…
When the MTA painted the subway station entrance at 34th Street and Eighth Avenue just outside Madison Square Garden in team colors to commemorate the New York Knicks’ first appearance in the NBA Finals since 1999, the blue looked perfect, but MTA’s creative team knew the orange wasn’t a match. “We are New Yorkers. We are Knicks fans. We know this didn’t feel right,” Gene Ribeiro, deputy chief customer officer for the MTA, tells Fast Company. “We just wanted it to be absolutely perfect.” It turns out achieving perfection wasn’t as easy as pulling a Pantone swatch. It required a…