Some 50 million Americans live in places with either one or zero news sources, State of Local News report says
Some 136 newspapers in the United States have closed in the past year, news deserts are expanding and web traffic to the nation’s top newspapers has dropped markedly this decade,…
Wall Street might be panicking over private credit, but insiders can’t see what all the fuss is about
So who is right? But credit analysts and executives who spoke to Fortune have mixed views on Wall Street’s panic. Several argue that the failures aren’t private credit problems at all.…
American chess prodigy turned grandmaster Daniel Naroditsky dies at 29, cause unknown
Daniel Naroditsky, a chess grandmaster who started as a child prodigy and quickly became one of the most influential American voices in the sport, died Monday. He was 29.The Charlotte…
‘The Einstein of Wall Street’ says the best way to get rich is to ‘invest in stocks, not stuff’
“Go back to high school, walk down the corridor and look at what sneakers everyone’s wearing, what phones they use, what computers they’re on, what they do in their spare…
Gen Zers are turning to frozen food to stretch their budgets and they don’t feel good about it
Gen Z is turning to frozen food for financial relief more than any other generation. In the past six months, 57% say they’ve bought more frozen food to cut costs,…
Why CFOs must bridge finance and tech teams to realize AI’s full value
Good morning. Many chief financial officers are investing in AI while still taking a measured approach—one that may seem overly cautious from the perspective of chief information and technology officers.According…
Coach is winning over Chinese consumers with ‘American design,’ says CEO Todd Kahn
Good morning. Asia editor Nick Gordon here, filling in for Diane Brady.Kahn has led Coach since 2020, when he took over as interim CEO and brand president—an appointment that was…
To lead in AI, start smaller
In the first week of January, every gym in the country is filled with people who have decided that this is the year they will transform their health. They’ll eat…
40% of Russell 2000 companies are unprofitable but their stock outperforms—and ‘the bubble could continue,’ one analyst says
Nasdaq 100 futures are flat this morning, premarket, after the tech-heavy index rose a solid 1.3% yesterday, nearing its record high. By contrast, the broader S&P 500 index rose “only”…
Experts say the high failure rate in AI adoption isn’t a bug, but a feature: ‘Has anybody ever started to ride a bike on the first try?’
“We’re in the early innings,” Klein said. “Of course, there’s going to be a ton of experiments that don’t work. But, like, has anybody ever started to ride a bike…
