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ICE immigration crackdown is ‘much, much worse’ for business than tariffs, some CEOs say

Good morning from Washington, where we are about to commence the Fortune Most Powerful Women Summit. You can read more about our headliners here and join us via livestream. When I speak with IMF Managing Director Kristalina Georgieva this afternoon, I’ll be curious to hear not only her prognosis for the economic landscape but also … Read more

The government shutdown couldn’t have come at a worse time for D.C. Its $11 billion tourism industry is bracing for impact

The government shutdown has officially entered its second week, but the worst effects may still be ahead for Washington, D.C.’s tourism industry. Some government-funded museums and facilities such as the National Gallery of Art have already closed, and those that haven’t, such as the Smithsonian’s National Zoo and the National Air and Space Museum are … Read more

China’s property slump this year looks worse than expected, S&P says

Pictured here is construction on a real estate project in Huai’an City, Jiangsu Province, China on October 9, 2025. Cfoto | Future Publishing | Getty Images BEIJING — China’s real estate market is expected to fall more sharply than expected in 2025, extending an industry slump for a fifth-straight year and delaying hopes of a … Read more

America’s air traffic controller shortage is even worse during the government shutdown—but job candidates can make $145,000 per year

The U.S. government shutdown is affecting the livelihood of thousands of air traffic controllers, as they’re expected to keep working without a paycheck. It’s led to major staffing shortages and employees calling out sick, delaying flights and packing airports with travelers anxious about safety risks.  Airports all around the country—from Newark and Phoenix to Denver … Read more

LGBTQ+ youth have worse mental health outcomes without access to safe online spaces, studies show

When LGBTQ+ youth do not feel safe or accepted in their daily lives, they turn to the internet to seek community. Two new studies, conducted by The Trevor Project and Hopelab/Born This Way Foundation, each found that young LGBTQ+ people report greater rates of depression, anxiety, and suicidal ideation or attempts when they do not … Read more

AI Medical Tools Provide Worse Treatment for Women and Underrepresented Groups

Historically, most clinical trials and scientific studies have primarily focused on white men as subjects, leading to a significant underrepresentation of women and people of color in medical research. You’ll never guess what has happened as a result of feeding all of that data into AI models. It turns out, as the Financial Times calls … Read more

Cracker Barrel foe urges shareholders to vote against ‘worse than mediocre’ CEO after disma

Activist investor Sardar Biglari launched his eighth proxy battle at Cracker Barrel after the dining chain reported disappointing fourth-quarter earnings on Wednesday. In a filing on Thursday, Biglari, who is also the CEO of Steak n’ Shake, urged shareholders to vote against the re-election of Cracker Barrel CEO Julie Masino and railed against the chain’s … Read more

Tariff whiplash is hurting small businesses — and it’s only getting worse

Trump’s trade war isn’t failing. It’s working, just not for the people who voted for it. When Trump eliminated the de minimis exemption, four million packages daily lost duty-free status. That’s 92% of all cargo facing tariffs, and small businesses are drowning. Eight major tariff adjustments in the past 12 months have created a policy … Read more

U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed

A construction worker is shown on the job site at a multi-unit residential housing project in Encinitas, California, U.S., July 28, 2025. Mike Blake | Reuters With job growth tanking and the economy wobbling, pressure is on for the Federal Reserve to start lowering interest rates, with markets now expecting a cut at each of … Read more

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