The United Arab Emirates said Tuesday it will leave OPEC effective May 1, stripping the oil cartel of one of its largest producers and further weakening its leverage over global oil supplies and prices. The UAE’s decision had been rumored as a possibility for some time, as it pushed back in recent years against OPEC production quotas it felt had been too low — meaning it wasn’t able to sell as much oil to the world as it had wanted. “Having invested heavily in expanding energy production capacity in recent years, the bigger picture is that the UAE has been itching to…
Author: Staff Writer
The parent company of Hinge and Tinder is courting a potential new addition to its roster. Match Group on Monday announced a $100 million investment in Sniffies, a map-based cruising platform for queer men. As part of the investment, Sniffies will continue to be led by founder and CEO Blake Gallagher, the company said. “From the first conversations with the Match Group team, we knew they understood what makes Sniffies different. This partnership is about supporting that, not redefining it,” Gallagher said in a statement on the Sniffies Instagram—which was met with skepticism by followers. Sniffies launched in 2018 and…
As summer approaches, cities across the United States, Mexico, and Canada are readying to host the highly awaited 2026 FIFA World Cup kickoff. But with exorbitant prices and disruptions ahead, local officials are battling to tame discontent as fans try to keep their eye on the ball. On Monday, New York Mayor Zohran Mamdani and New York Gov. Kathy Hochul announced that New York City, which is serving as a cohost to a series of World Cup soccer matches with New Jersey, will host free fan zones across the five boroughs. The free programming aims to offset the high ticket…
You graduated, moved back home, submitted dozens (maybe hundreds) of applications, and finally landed a job—that you’re probably overqualified for. Welcome to the life of a recent college grad. According to ZipRecruiter’s recent graduate report—which surveyed 1,500 college grads from 2025 and 1,500 rising graduates—the current job market is changing how a new wave of young adults is studying, working, and living. And despite obstacles, they remain hopeful about reaching their professional goals in the near future. New grads face intense competition today than in past years, as entry-level opportunities shrink and artificial intelligence reshapes the job market. More job…
The State Department just revealed a first look at a line of limited-edition passports designed to commemorate the 250th anniversary of American independence. They feature a large image of President Trump’s face. In a first look shared with Fox News, the proposed design includes two custom interior pages: one featuring Trump’s portrait, and another featuring an image of the founding fathers signing the Declaration of Independence. A State Department spokesperson told Fast Company that the limited-edition design is expected to roll out in July, and will be “available for any American citizen who applies for a passport when the rollout…
A novel law was slated to take effect in Colorado in June this year, to help regulate AI use and address the potential discrimination people might face as AI-powered platforms become a routine part of housing and employment negotiations. But earlier this month, Elon Musk’s xAI—which owns X, formerly known as Twitter, and has now merged with SpaceX—sued to block the law, arguing it was burdensome and unconstitutional. Now the government has effectively co-signed the lawsuit, claiming that the Colorado law violates federal equal protection laws. The law, SB24-205—the first of its kind in the country—aimed to create some guard…
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 619.90 points or -1.02% to 59,917.46 • Shanghai decreased 7.707 points or -0.19% to 4,078.637 • Hang Seng decreased 245.87 points or -0.95% to 25,679.78 • ASX 200 decreased 55.70 points or -0.64% to 8,710.70 • SENSEX decreased 416.72 points or -0.54% to 76,886.91 • Nifty50 decreased 97.00 points or -0.40% to 23,995.70 The major Asian currency markets had a mixed day today: • AUDUSD decreased 0.00050 or -0.08% to 0.71811 • NZDUSD decreased 0.00240 or -0.41% to 0.58848 • USDJPY increased 0.145 or 0.09%…
Another cautionary tale about AI has hit social media. This time, a software company’s founder is claiming that a Claude-powered version of AI coding tool Cursor deleted his entire production database in just nine seconds. Jer Crane is the founder of PocketOS, a company that develops software primarily for car rental companies. In a post that’s garnered 6.5 million views on X, Crane alleged that a perfect storm of Cursor acting without permission and Railway, his company’s infrastructure provider, improperly storing backups led to massive data loss. Where things went wrong According to Crane, Cursor was working on a routine…
The Trump administration might save Spirit Airlines from its latest brush with death, and now more airlines are asking for a handout. A budget airline coalition representing Frontier, Spirit, and Avelo has asked the federal government to consider setting aside a $2.5 billion pool of funds to offset the high price of fuel, as a result of the war in Iran. The organization, the Association of Value Airlines, says that the cash could “stabilize operations and keep airfares affordable” and likens the proposal to the CARES Act, which kept businesses afloat in the early days of the COVID-19 pandemic. “The…
Whataburger, the Texas fast food chain known for its made-to-order burger, is continuing its planned expansion across the U.S. The “hometown burger place that hasn’t compromised” will open 15 new restaurants by the end of June, according to what the brand recently told USA Today.The chain first announced it would be growing in 2020, after being acquired by BDT Capital Partners the previous year. Shortly thereafter, the fast food joint began launching new locations in new states. It focused its growth most aggressively in Southern states like Tennessee, Missouri, and Florida. At the time, the company said in a press…