‘Obsession’ Is Already Topping Streaming Charts Days After PVOD Release
The indie horror film "Obsession" is topping streaming charts days after its premium video on demand release. The movie stars Inde Navarrette and Michael Johnston and was directed by Curry Barker.
Leaders weigh in on how AI is changing creativity at their businesses
Executives from Nespresso, Luma AI, Philip Morris International, and Publicis Sapient discussed how AI enhances creativity at their companies during a TIME100 Talks panel in Cannes. They emphasized that humans and AI working together create better outcomes, with Nespresso using AI tools in its app to teach consumers about coffee and help them drink intentionally.
The New Anthropic Tool That Could Change How Drugs Are Developed
Anthropic launched Claude Science, an AI platform designed to accelerate drug discovery and identify promising new therapies. The company will use the tool internally to develop treatments for neglected diseases.
The secret AI that could help explain this wild World Cup
Lenovo developed an AI tool called Football AI Pro that provides all 48 World Cup teams access to FIFA's tournament data across 2,000 football-specific metrics and petabytes of tracking information. The system, available on mobile phones and computers, gives every team from tournament veterans to debutants the same data foundation for analysis during matches.
AI puts B Corps’ values to the test
Beneficial State Bank extended a pilot using Stratyfy's AI credit decisioning tool to reduce bias in lending, which increased loan approvals within BIPOC communities by 21 percent at partner BetterFi. The bank must weigh AI's environmental and social costs against potential benefits like correcting systemic lending bias and improving capital access for marginalized groups.
How the two-pot system is reshaping retirement savings behaviour in SA
The two-pot retirement system in South Africa allows workers to withdraw from one of two investment pots before retirement age. Since its rollout, withdrawal patterns have shifted as employees face financial pressures and adjust their savings behavior accordingly.
StubHub sued by World Cup fans over ticket cancellations
StubHub customers who purchased World Cup tickets are suing the company, claiming hundreds or thousands of fans received tickets that did not exist, were revoked, or were erased due to FIFA's poor digital infrastructure. The lawsuit seeks monetary damages, a ban on StubHub selling World Cup tickets, and profits from those sales redirected to affected customers.
Trump administration proposes rule to cut Medicare drug prices by $1.1 billion
Hospitals participating in the 340B drug discount program would face restrictions preventing markups on discounted medications for Medicare patients, potentially saving $1.1 billion annually. The Centers for Medicare & Medicaid Services would alter reimbursement formulas to reduce patient costs under this program that allows hospitals to purchase outpatient drugs at discounted rates.
What it takes to rebuild America’s competitive edge
Business leaders discussed rebuilding American competitiveness by moving beyond binary thinking in technology adoption and economic policy. Speakers emphasized that inclusive economic ecosystems can be scaled and that broader investment capital access to talented innovators across communities strengthens national resilience and competitiveness.
U.S. Declines to Renew Trade Pact With Mexico And Canada. Here's What It Means for Each Country
The United States declined to renew its trade pact with Mexico and Canada. Trade experts warn this decision could discourage investment, disrupt supply chains, and eventually raise consumer costs over the long term.
Social Security update 2026: The SSA is making a big change starting in July for America’s 250th anniversary. What it means for citizens
Newborns born between July 2 and December 31, 2026, will receive limited-edition Social Security cards featuring the Freedom 250 logo in black ink to commemorate America's 250th anniversary. These commemorative cards function identically to standard cards and are issued through the existing Enumeration at Birth program that has operated since 1987.
AI’s $2.2 trillion deficit fix is already half fake, economists say
Economists at Brookings and the Federal Reserve estimate artificial intelligence could reduce the U.S. deficit by $2.2 trillion, but negative side effects would eliminate over half of those savings. The projected deficit reduction shrinks when accounting for factors like reduced tax revenue from worker displacement and increased spending demands from economic disruption.
Cautious optimism drives the markets
The rand strengthened against major currencies as weaker US economic data and cautious employer hiring patterns reduced demand for dollars. Market optimism was further supported by easing Brent crude oil prices and a proposed 60-day ceasefire agreement.
‘Africa can and must negotiate from a place of strength on critical minerals’
African nations possess critical minerals essential for clean energy transitions and artificial intelligence technologies. Countries like those in Africa should leverage this resource advantage in international negotiations rather than accepting disadvantageous terms.
How Branch Basics Built a $50 Million Cleaning Empire On Trust, Not Hype
One in three Branch Basics purchases in 2025 came from friend or family recommendations. The women-founded cleaning brand scaled to over fifty million dollars in revenue through this referral-driven model.
Home prices just fell the most in nearly a decade. Here’s where buyers have the most leverage
Home prices fell 2.5% year-over-year between June 2025 and June 2026, marking the largest decline in nearly a decade, with the national median list price dropping to $430,000. Asking prices declined for eight consecutive months while pending sales rose for seven straight months, indicating sellers are pricing homes competitively from initial listing rather than reducing prices later.
There’s a new rotisserie chicken champion. Here’s who dethroned Costco
Sam's Club's Members Mark rotisserie chicken topped Consumer Reports' ranking of ten retailers' offerings, priced at $4.98 for three pounds. The study evaluated chickens on taste, texture, sodium content, and plastic packaging safety through blind taste tests and laboratory analysis of labeling accuracy and chemical presence.
A California law tackling food waste and consumer confusion just went into effect
California banned sell by labels on food packaging, requiring manufacturers to use standardized Best if Used By labels for quality or Use By labels for safety instead. The law took effect Wednesday and aims to reduce consumer confusion about food safety versus quality across the state.
5 takeaways from Anthropic’s big science event
Anthropic launched Claude Science, a new AI version tuned for scientific research, in beta on June 30. CEO Dario Amodei stated he doesn't expect AI to compress 50-100 years of biological progress into 5-10 years until possibly a decade from now.
Mark Zuckerberg pushes back against AI job loss fears after Meta’s own layoffs
Mark Zuckerberg stated that job displacement from AI is not inevitable if people become more productive faster than companies automate tasks. He argued that focusing on empowering individuals and increasing personal productivity could create more jobs in the future rather than fewer.
Schneider Electric buys industrial-AI firm Cognite for $3.1bn
Schneider Electric acquired industrial AI company Cognite for $3.1 billion in an all-cash deal announced June 30, 2026. Cognite develops software designed to enable factories and power grids to operate autonomously.
How to Ensure Your Next CEO is Always in the Room
Companies should establish long-term development pathways rotating senior leaders through diverse roles and exposures to cultivate internal CEO candidates. This approach, modeled after historic programs at General Electric and similar organizations, emphasizes adaptability across changing business environments like the internet, mobile, cloud, and artificial intelligence.
The operational tax undermining frontline organizations
Manual workarounds affect 74% of frontline workers while 60% of executives spend at least three hours weekly responding to frontline issues. These operational inefficiencies create compliance risks and impact financial performance as organizations rely on informal solutions rather than systematic processes.
NEWSFLASH: Consumer relief: Fuel prices at the pump to fall from 1 July
Fuel prices at the pump will decrease starting July 1st. The price cuts are expected to help slow inflation, which was 4.5% in May, below the anticipated 5.0%.
Kidz Bop built a 3,000-song empire that has quietly outsold legends. He’s helped shape every track
Kidz Bop has released 53 albums containing approximately 3,000 songs over 25 years, selling more than 24 million copies. The brand has achieved 24 top 10 albums on the Billboard 200 chart, surpassed only by the Rolling Stones, Barbra Streisand, Frank Sinatra, the Beatles, and Elvis Presley.
How to boost brain health at work in the age of AI
AI used passively can weaken memory, judgment, learning, and independent problem-solving in workers. When used effectively, AI can sharpen insight and free cognitive capacity for more complex tasks.
Quant funds just suffered their most crippling trading rout this year as momentum stocks flopped
Quantitative trading funds experienced significant losses this week as momentum stocks declined sharply. Despite the recent downturn, quant funds remain substantially ahead of both the S&P 500 and U.S. Treasury returns for 2026.
How SpaceX wants to fuel Starship’s next phase with a Texas pipeline
SpaceX will build an eight-mile pipeline next month to supply natural gas to its Starbase complex for converting into liquid methane fuel. The pipeline aims to support the company's goal of 25 or more Starship launches annually by reducing fuel transportation time and costs.
AI couldn’t fix quality problems. So Ford rehired its most experienced engineers
Ford rehired 350 experienced engineers over three years after AI failed to resolve its quality control issues. The automaker improved its initial vehicle quality ranking from 10th place to ahead of mass market competitors, crediting veteran engineers' knowledge transfer to younger workers.
JPMorgan names 2 co-presidents in its CEO succession contest
JPMorgan promoted Doug Petno and Troy Rohrbaugh to newly created co-president roles, with each receiving $30 million retention awards. Petno will lead the commercial and investment banking division while Rohrbaugh takes over the consumer and community banking division following Marianne Lake's departure.