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Summer Bummer 鈥 Why Teen Hiring Is on Track for Its Worst Year Since 1948
A new forecast projects a paltry 790,000 teen jobs this summer. Inflation, older workers and AI are all to blame.
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, 麻豆社, and Cond茅 Nast. He has held executive roles at Glamour, Fitness, and 麻豆社 and re
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Business News
Hollywood Was Supposed to Be Dead. ‘Toy Story 5’ Just Powered Its Best Summer in Seven Years.
"Toy Story 5" opened to $160 million, making it the biggest debut of 2026. The audience driving its success is the one everyone wrote off.
Buying a Franchise
McDonald’s Is Bringing Back a 30-Year-Old Menu Item. And Is Building a 35-Foot-Long One to Promote It.
The fried apple pie last appeared on menus in 1992. It returns June 23 for America's 250th birthday, complete with a giant roadside monument.
Business News
Snap Has Lost Money Every Year It’s Been Public. Now the Company’s Betting on Specs, Its New $2,195 ‘Wearable Computer.’
CEO Evan Spiegel thinks people are so sick of staring at phones they'll pay $2,195 for AR glasses. Wall Street isn't convinced.
Business News
The Next iPhone Pro Could Cost $1,299 鈥 Here’s Why Tim Cook Says It’s ‘Unavoidable’
Tim Cook says the AI boom has made memory chips so scarce and expensive that jacking up the prices has become necessary for Apple.
Business News
Allbirds Used to Make Viral Wool Sneakers. Now It’s an AI Company Called ‘Smartbird.’
The company behind the once-viral wool sneaker sold off the shoe brand entirely, changed its name and has become an AI service.
Business News
Apple Is Developing AirPods With Cameras 鈥 But They Won’t Take a Single Photo
According to Bloomberg, the cameras will act as eyes for Siri, letting the AI assistant understand the world around you.
Business News
This Retailer Shut Its Fitting Rooms and Angered Customers. It Might Boost Sales Anyway.
The teen retailer has quietly shut its fitting rooms across its 55-plus US stores. Customers are furious, but sales are up.
Business News
SpaceX’s First Big Move After Its Record IPO: Buying a $60 Billion AI Coding Startup
xAI has struggled to compete with Anthropic and OpenAI on AI coding tools. Cursor is Musk's answer.
Business News
The Investor Who Turned Arby’s Into a $20 Billion Empire Just Bought Pizza Hut for $1.5 Billion
Yum Brands has agreed to sell Pizza Hut to LongRange Capital, which engineered Arby's comeback and now wants to do the same for pizza.
Business News
This 25-Year-Old’s Sleep Problems Gave Him Vertigo. His Response? An AI Mattress Cover That Hit Eight Figures Within Three Months of Launch
Harry Gestetner of Orion wants to make better sleep available and affordable to all. Will his smart mattress cover be the solution?
Buying a Franchise
A SpongeBob Menu Boosted Burger King’s Traffic 19%. Now Every Chain Wants a Piece of Hollywood.
This summer alone, KFC, Papa Johns, Dunkin, Wendy's and Subway all have major film promotions launching.
Business News
He Built a Knicks Championship Team Out of NBA Players Others Overlooked 鈥 Here’s the Lesson for Any Leader
Knicks President Leon Rose bet on undervalued players others passed over. The strategy ended the team's 53-year title drought.
Business News
SpaceX Hits $2.8 Trillion. Retail Investors Bought as Much of It as the Entire Stock Market.
Elon Musk is now worth more than three times the world's second-richest person.
Business News
Fox Had the Content But Not the Platform. Now It’s Buying Roku for $22 Billion.
The deal pairs Fox's live sports and news with Roku's 100 million-plus streaming households.
Buying a Franchise
How a Free Cookie Became This Hotel Brand’s Most Valuable Asset
DoubleTree's 700-plus hotels hand out more than 20 million chocolate chip cookies a year. The cookie has even been baked in space.
Business News
He Spent 15 Years Quietly Buying SpaceX Shares. Now His Stake Is Worth $20 Billion.
Justin Fishner-Wolfson's firm, 137 Ventures, made its first SpaceX investment in 2011. He never looked back
Business News
She Turned Celebrity Gossip Into a $22 Billion Company 鈥 Here’s How Kalshi’s Co-Founder Did It
At 29, Luana Lopes Lara is the youngest self-made female billionaire in the world. Her road to riches started with celebrity gossip.
Business News
Mark Zuckerberg Admits Meta ‘Made Mistakes’ as AI Reshapes 20% of Its Workforce
In a leaked internal memo, the Meta CEO owned up to the chaos caused by May's layoffs, but says there will be no more this year.
Business News
Elon Musk Is Now the World’s First Trillionaire After SpaceX’s Record IPO
The biggest public debut in Wall Street history pushed the world's richest person across a milestone with 13 digits.
Business News
Missed the SpaceX IPO? You May Already Be an Investor.
Missed Friday's record debut? You may already own a piece through your index funds 鈥 here's how to find out.
Buying a Franchise
KFC Asked a Bold Question: What Would the Colonel Build Today? Here’s the Surpising Answer.
This summer the chain opens a completely reimagined restaurant in Texas to test what the brand's next decade looks like.
Business News
The Real Winner of the NBA Finals? A Sneaker Brand You’d Never Expect.
OG Anunoby's game-winning play in Game 4 was made in Skechers 鈥 a brand that launched its first technical basketball shoe three years ago.
Business News
A Price War Is Brewing Between OpenAI and Anthropic 鈥 And It Could Make AI a Lot Cheaper for Your Business
OpenAI is weighing drastic cuts to what it charges for AI tokens. It expects Anthropic to do the same.
Buying a Franchise
They Just Opened Their 1,700th Cafe and Have 900 More Signed. Here’s the Strategy Fueling This $1.5 Billion Franchise.
Tropical Smoothie Cafe's secret is getting smoothie customers to also eat there.
Business News
She Paid Under $100 for a Thrift Store Painting. Google Gemini Helped It Sell for $254,000.
Helene Plotkin bought the painting in 1966 and loved it for decades. Her son's five-minute experiment with Google Gemini changed everything.
Business News
Forget Learning to Code. Meta Just Launched a $115 Million Program to Train Electricians and Plumbers.
The company is starting a 鈥渨orkforce academy鈥 to train workers to build the infrastructure of its data centers.
Business News
One Is a Poet. One Pleaded Guilty to a Felony. Here’s How the Second Wave of AI Billionaires Is Worth $59 Billion.
The latest wave of AI wealth isn't coming from chips or data centers. It's coming from founders who applied AI to old industries.
Buying a Franchise
KFC Went From Seven Straight Losing Quarters to Three Straight Winning Ones 鈥 Here’s the Recipe for Their Turnaround
To reinvigorate the company, KFC's new president, Catherine Tan-Gillespie, tried something unusual 鈥 she told customers the truth.
Business News
While the U.S. Fights Over Where to Put AI Data Centers, China Just Built One on the Ocean Floor 鈥 But How Safe Is It?
The $226 million structure sits 115 feet below the ocean and runs on wind power. Some scientists are questioning its impact on marine life.
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