Tesla CEO Elon Musk doesn’t appear to feel threatened by Ford and GM. Indeed he may view them as customers. Both of the legacy carmakers recently announced that drivers of their electric vehicles would, starting early next year, be able…
It’s no secret that baby boomers are vastly wealthier than millennials, but just how much helps explain the state of America’s gerontocratic housing market. While most millennials have now reached the “peak” homebuying age, their parents’ generation is keeping them…
In the late 1950s, when the Fortune 500 was still just a wee babe, the big cities that dominated the index were pretty obvious: New York and Chicago reigned supreme. But now, the era of high inflation and remote work…
Every year, the Fortune 500 offers a snapshot of what the biggest and mightiest in American capitalism are up to. The list captures how the nation’s largest cities battle to draw in big business, reveals the ever-changing industries that are…
On paper, Kelly and her husband have it all figured out. The young couple lives happily in upstate New York, bought a home in 2020 before the housing market went bananas, and aim to contribute a few thousand dollars each…
The summer of 2022 proved to be a season of “travel chaos,” but there’s something funny about this year: People just keep hitting the road. Even stubbornly “sticky” inflation and the highest ticket prices in many years aren’t enough to…
Meta Platforms Chief Executive Officer Mark Zuckerberg sought to reassure employees about the company’s strategy, especially its emphasis on artificial intelligence, just two weeks after it finished the latest round of job cuts. The CEO told workers at an all-hands…
My business career has always revolved around anticipating consumer trends, whether it was the rise of yoga at Lululemon or aerobics (which allowed us to take the small yoga apparel business to a billion-dollar international public enterprise during my tenure…
The tale of ESG in corporate America is one of an extraordinary rise and an almost-as-extraordinary fall. Less than a decade ago, barely anyone outside the impact investing world used the term ESG. Today, the acronym is everywhere in corporate…
Google wants its staff to take its back-to-office policy seriously. The company, which first asked employees to come in three days a week last April, said Wednesday that it would make office attendance a part of an employee’s performance reviews…