Business News
The Upper Middle Class Used to Be an Exclusive Club. Now Its Membership Is Booming.
The upper middle class has tripled since 1979, and it's transforming what businesses sell and who they sell to.
Jonathan Small is a bestselling author, journalist, producer, and podcast host. For 25 years, he has worked as a sought-after storyteller for top media companies such as The New York Times, Hearst, 91³ÉÈË, and Condé Nast. He has held executive roles at Glamour, Fitness, and 91³ÉÈË and regularly contributes to The New York Times, TV Guide, Cosmo, Details, Maxim, and Good Housekeeping. His Small Talk substack focuses on generational differences.
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Business News
Sam Altman Says AI Will Soon Cause Widespread Job Loss. His Solution Is ‘Robot Taxes’ and Wealth Sharing.
His 13-page plan proposes a national fund seeded by AI companies that pays citizens directly, four-day workweeks at full pay and taxes on AI.
Business News
People ‘Hate’ AI Customer Service Chatbots. Here’s Why Companies Keep Using Them Anyway.
Nearly one in five consumers who've used AI for customer service saw no benefit — a failure rate four times higher than AI use in general.
Business News
Gen Z Is Bringing the Mall Back From the Dead. Here’s How ‘Mallmaxxing’ Is Reshaping Retail.
Online brands like Edikted and Princess Polly are opening brick-and-mortar stores, fueled by teens who film social media videos there.
Business News
Elon Musk Has a Strange Requirement for Banks Working on SpaceX’s IPO
If banks want a piece of one of the largest IPOs in history, they have to buy subscriptions to Grok, his controversial AI chatbot.
Business News
Mt. Everest Climbers Thought They Were Being Rescued. They Were Actually Being Scammed for $20 Million.
Guides poisoned terrified tourists, engineered fake helicopter evacuations and fabricated medical records in an extensive fraud.
Business News
Anthropic Accidentally Leaked Its Own Claude Code. Now the Company Is Scrambling to Contain the Damage.
The AI company issued over 8,000 copyright takedown requests after accidentally exposing proprietary instructions for how Claude works.
Business News
Job Seekers Are Getting Ghosted in Record Numbers. One Person Got a Rejection Letter 11 Months After Applying.
A new report shows 53% of candidates were ignored by companies in the past year, hitting a three-year high as AI tools overwhelm recruiters.
Business News
There’s Something on the Moon That Earth Desperately Needs — And It Could Be Worth Trillions
NASA's Artemis missions are laying groundwork for lunar colonies to mine helium-3 that could power fusion reactors and quantum computers.
Business News
OpenAI Just Raised a Record-Breaking $122 Billion to Build an ‘AI Superapp.’ Here’s What That Means.
The AI company pulled in $122B, making its valuation $852 billion as it generates $2 billion in revenue per month.
Business News
Oracle’s Stock Has Plummeted 25%. Now It’s Cutting Thousands of Jobs.
The tech company is dealing with a plummeting stock price, and analysts say the mass layoffs could free up $10 billion in cash.
Business News
It Took Thieves 3 Minutes to Steal $10 Million in Art. Here’s Why Museum Heists Are Becoming More Common.
Thieves broke into the Magnani-Rocca Foundation outside Parma, Italy, and made off with works by Renoir, Cézanne and Matisse.
Business News
Many Employees Are Complaining That Work Has Been ‘Stripped of Fun’ — Here’s Why
Something has shifted in American office culture, and employees say work has never felt harder and less enjoyable.
Business News
People Are Charging $1,200 to Stand in Historically Long TSA Lines for Fed-Up Travelers
Airport security lines have gotten so bad that a new cottage industry has emerged around trying to avoid them.
Business News
Thieves Break Off 400,000 Pieces of KitKat Bars in a Major Heist. Nestlé’s Reaction Was Surprising.
Twelve tons of chocolate bars vanished after leaving a factory in Italy, but Nestlé had a good sense of humor about it.
Business News
Air Canada’s CEO Will Resign After Making One Critical Mistake Following a Fatal Crash
Michael Rousseau released a condolence video after a fatal runway collision that was almost entirely in English.
Business News
Pharma Giant Eli Lilly Is Paying $2.75 Billion for Drugs Designed by AI – Here’s What It Gets Them
The company says using AI cuts years off of research time.
Business News
A Helium Shortage Is About to Hit the Chip Industry. Here’s Why That’s a Huge Problem.
The war in Iran halted helium production in Qatar, threatening semiconductor manufacturing and rippling through the tech industry.
Business News
Apple Just Fixed an iPhone Problem That’s Been Driving Fast Typers Crazy. But There Are Still Issues.
The latest iPhone update fixes a typing bug that made autocorrect worse for fast typers, but other frustrating keyboard issues remain.
Business News
JetBlue Is Shopping Itself to Rivals. Here Are the Airlines That Might Buy It.
The airline has tapped advisers to explore a sale after its shares dropped more than 40% and it lost billions trying to turn around.
Business News
Park a Tesla In This Company’s Lot and You Might Get a Ticket — Or Worse
At automaker Stellantis, security guards are on the lookout for employees who park their Teslas and Hyundais in the wrong spots.
Business News
Want to Charge Higher Rates for Your Services? New Data Shows Exactly How Much Writing a Book Can Add to Your Value.
Published authors get higher fees, win more clients, and earn more trust than non-authors. But first you have to write the book.
Business News
The Number of Americans Worth Tens of Millions Has Exploded. And They’re Not Who You Think.
The ultra-wealthy class has grown faster than the general population, driving up demand for everything from jets to penthouses.
Business News
Sony and Honda Just Hit the Brakes on Their $90,000 Electric Car. Here’s What Went Wrong.
The Afeela 1 is dead on arrival after Honda's massive strategy shift left the venture without a path to market.
Business News
A Jury Just Found Meta and YouTube Liable in Addiction Case. They Must Pay $3 Million — and It’s Just the Beginning.
Meta and YouTube must pay $3 million in compensatory damages after a jury ruled their addictive app features caused mental health harm to a young user.
Business News
City Officials Forced This Restaurant to Remove Its ‘Stinky’ Signature Dish. Now It’s Fighting Back.
The Golden Leaf restaurant had to stop selling stinky tofu after neighbors complained. The dish accounted for 20% of the restaurant's revenue.
Business News
Nintendo Is Slashing Switch 2 Production by 33% — Here’s Why
Nintendo planned to produce 6 million Switch 2 consoles this quarter but had to scale back after U.S. demand weakened.
Business News
You Can Now Let Claude Take Over Your Computer. Here’s Why That’s Both Exciting and Terrifying.
Anthropic's Claude can now click, scroll and navigate your computer like a human, performing tasks while you're away.
Business News
Estée Lauder’s Makeover Isn’t Working. Now It’s Considering a Major Merger.
The beauty giant is in talks to join forces with Spanish company Puig, which owns Charlotte Tilbury and other major brands.
Business News
Mark Zuckerberg Is Building an ‘AI Chief of Staff’ to Be His Right-Hand Robot
In his race to make the company "AI native," Zuckerberg is leading by example.
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