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122-year-old industrial icon U.S. Steel is suddenly an acquisition target in a business now dominated by ChinaBad luck for fresh-faced graduates who have splashed thousands on a degree: Job ads not requiring one is up 90%, according to LinkedIn dataStartup developing technology for sucking carbon from air just sold to a Warren Buffett-backed oil giant for $1.1 billion$11.3 trillion in global wealth evaporated last year in the first drop since the Global Financial Crisis. But the next few years look ‘brighter’‘I heard buzz, buzz’: Downed power lines are a prime suspect in at least some of Maui’s devastating wildfiresThe ‘richcession’ is real—Unemployment is rising for the 6-figure-salary set, BofA data showsJoe Biden is staking his re-election on an economic policy called ‘Bidenomics’ that’s driving Republicans crazyBiden’s executive order on China shows why A.I. is so different from other technologyA BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become alliesWe finally have proof of the ‘rich-cession.’ The number of millionaires fell the most since the Global Financial Crisis of 2008, UBS saysWill they or won’t they? The clichéd dance of two tech titansPolling wizard Nate Silver went from blogger to Disney-backed media mogul. Now he’s out, most of his staff are laid off—and he has some thoughtsScientists recorded a Pink Floyd song from patients’ brain waves. The tech could eventually allow for communication without wordsWhat did you say? Boards tackle corporate jargonThe ‘manufacturing renaissance act’ spurred by Joe Biden is brewing up a bidding war for an American icon: US SteelPayPal’s outgoing CEO is bullish on crypto. What will be the company’s approach under Alex Chriss, owner of 2 Crypto Hippos NFTs?Mother of 6-year-old who shot his teacher pleads guilty to felony child neglect, and avoids charge of recklessly storing a firearm in her purseDoes your kid struggle with ADHD? Studies are revealing something that can help more than medication: A daily report cardPeyton Manning is returning to his alma mater, but this time as a professorRed Bull needs to watch its back, according to analysts—it’s got an energy drink competitor from the U.S. which may steal its $70 billion-industry throneIn panic mode after ruble plunges below a penny, Russia rescues Vladimir Putin from humiliating currency collapse with emergency hikeBusiness travel, just like almost everything from pre-COVID life, is going back to normalUBS—the final bank prosecuted for its role in the 2008 global financial crisis—is paying $1.4 billion to stop the case going to trialElon Musk styles his leadership on French dictator Napoleon and sees himself as a ‘general on the battlefield,’ his biographer saysCaroline Ellison kept a memo called ‘Things Sam Is Freaking Out About,’ and prosecutors plan to use it against the FTX founderAbigail Disney talks about getting arrested while protesting, CEO pay and Bob Iger comments: ‘I think money and power have hijacked his sensibilities’For the first time ever, Americans are spending less than half of their viewing time watching TV‘The gods are angry’: How climate change is reshaping one of the world’s oldest religions from bliss to punishmentEconomists are starting to realize that Joe Biden’s spending is once-in-a-generation stuff: ‘We spent decades underinvesting’Ron DeSantis tells Bob Iger to drop his lawsuit, reminding the CEO, ‘No one has made Disney more money recently than me’Your favorite chocolate is probably produced by West African child labor and the government doesn’t care, advocates argue in lawsuitGen Z activists just won a first-of-its-kind trial against the state of Montana for violating their right to a clean environmentRetail sales roar in July as American consumer beats expectations againBitcoin ETF ruling expected this week—and with it, a major jolt to crypto marketsWriting my debut book taught me that it takes a village to raise a working momWorkers are willing to return to the office, but a one-size-fits-all policy means companies risk losing their top talentToday’s cutting-edge artificial intelligence is based on neuroscience from the ‘50s and ‘60s. Imagine what A.I. could do if it incorporates the latest breakthroughsA tokenized version of Bitcoin is launching on Solana. Here’s what you need to knowEmployees say corporate claims of ESG progress are baloney according to a new survey, and boards had better pay attentionChina wants everyone to stop talking about the terrible economy and presses pause on publishing youth unemployment statsA.I. startups are losing their bloom for seed investors, argues one VC ‘The Big Short’ investor Michael Burry is betting against both the S&P 500 and Nasdaq 100—and pulling back from ChinaStockpiling, private debt, foreign funding: Mid-sized companies are finding money where they can as inflation and interest rates biteNestlé recalling batches of its famous cookie dough out of fear they may contain wood fragmentsHow $1,000 well-being subsidies have become a coveted new employer perk—and could save your company money, tooGreen investors are learning to live with carbon in a new ‘energy transition 2.0’ strategy that comes with caveatsTexas launches unprecedented multi-million dollar legal battle against U.S’s largest abortion provider Planned ParenthoodYour forgetting to cancel one of many subscriptions is big business: Study finds up to 200% sales boost from pure absentmindedness Sam Bankman-Fried’s ‘trusted inner circle’ will bring him down in FTX trial, prosecutors sayI’m a psychologist for entrepreneurs: ‘Magic morning’ routines won’t make you more successful, but they can hurt your healthBaby boomer housing wealth totals $18 trillion—more than triple the amount owned by millennialsNew York City’s streetside dining sheds were pandemic-era darlings but some are now dilapidated eyesores—and they’re causing officials a headacheNo one can do it alone. Here’s how to find your villageWarren Buffett just made a big bet on the U.S. housing market
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