1+ day, 22+ hour ago   (584+ words) Asia’s tourist destinations are overrun with visitors, testing the patience of residents in hotspots like Kyoto and Bali. Some governments are trying to limit the influx of visitors through measures like taxes or reduced visa stays. Ethan Lin, co-founder of…...

2+ day, 7+ hour ago   (454+ words) As U.S. prices for diesel fuel surge to all-time highs, some California pumps literally can’t price their diesel any higher—maxing out the display at $9.999 per gallon. Fuel-tracking firm GasBuddy reported Thursday that a small handful of California fueling stations hiked…...

2+ day, 10+ hour ago   (286+ words) The days of American backpackers jetting across Europe for $20 per ticket on Ryanair could be ending soon—according to Ryanair. When the war in Iran started squeezing airlines with higher fuel prices in March, Ryanair had a buffer: it hedged…...

2+ day, 11+ hour ago   (510+ words) Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: Anthropic has three very different visions for the impact AI will have on the U.S. economy. In the third, AI outperforms humans at nearly every knowledge-work task, does almost…...

2+ day, 12+ hour ago   (507+ words) Earlier this year, fast-food executives began to use the term “two-tier economy” to describe the trend they were seeing of wealthier consumers splurging on burgers and fries while lower-income households pulled back. Last year, Amazon Web Services EMEA Managing Director…...

2+ day, 12+ hour ago   (294+ words) A hot war, a trade war, a bad harvest, a snarl in shipping. Supply shocks have come so often over the past six years, KPMG chief economist Diane Swonk told Fortune, that they’ve started to sound like a drumbeat. “With…...

2+ day, 12+ hour ago   (795+ words) Speaking at Southern Methodist University on Tuesday, Treasury Secretary Scott Bessent dared currency traders, and indirectly the bond market, to challenge him as he wages a multi-front battle to stabilize markets amid Iran war turmoil while also trying to slow…...

2+ day, 12+ hour ago   (638+ words) In February 1993, weeks into Bill Clinton’s presidency, James Carville famously quipped: “I used to think if there was reincarnation, I wanted to come back as the president or the pope or a.400 baseball hitter. But now I want to come…...

2+ day, 12+ hour ago   (838+ words) Why did this AI doomer moment break the internet when so many others didn’t? Fortune Why did this AI doomer moment break the internet when so many others didn’t? Views of Coxon’s post exceeded 100 million within days. For comparison, Jan…...

2+ day, 12+ hour ago   (459+ words) OpenAI unveiled a new version of ChatGPT geared toward big banks and other financial firms, powered by its new GPT-6 Astra model. The company’s rival Anthropic already offers a version of Claude for financial analysis, which it debuted in July…...