TheFutureParty
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Luxury hotels in the US and Europe are increasingly offering small, single-occupancy rooms to cater to solo travelers, who are willing to sacrifice space for experience. The Small Picture: Post-pandemic, taking a vacation has become very expensive, so travelers — especially solo ones, which Kayak estimates will account for about 50% of American travelers this […]
E.l.f. Beauty, one of the fastest-growing companies in the beauty industry, announced that it’s purchasing Hailey Bieber’s beauty brand, Rhode, for a deal valued at $1 billion. Why It Hits: The eye-watering acquisition price for Rhode demonstrates that celebrity-backed beauty brands are some of the hottest commodities in the industry, as evidenced by the $2 […]
The FTC’s rule banning unfair and deceptive fees went into effect this month for live-event and short-term rental companies, which has forced companies to show all-in pricing on their sites. Why It Hits: Hidden fees, junk fees — whatever you want to call them — have been taking advantage of consumers for years, pressuring them […]
As the US officially phases out the penny, both retailers and consumers will need to prepare for purchasing and pricing changes that will create ripple effects across the economy. The Little Picture: President Donald Trump ordered the Treasury Department to stop producing pennies in February, resulting in the US Mint making its final purchase of […]
OpenAI is acquiring hardware firm io — created by legendary iPhone and iPod designer Jony Ive — in a $6.5 billion deal. The Big Picture: For the past couple of years, OpenAI CEO Sam Altman and Ive have been toying around with ideas for a hardware device that can define the AI era — like […]
Blue-chip brands and marketing agencies like Microsoft, Hinge, and Day One Agency are rolling out premium print publications to highlight unique stories or share novel insights on their respective industries. Why It Hits: In an ironic twist, print presents an attractive opportunity to avoid the saturation of digital marketing and provide a product that feels […]
Airbnb is rolling out its biggest redesign ever to transform from a property-rental platform to a hub for experiences and services that could be found at any given location — all organized or operated by local talents or experts. The Big Picture: Airbnb, faced with a worldwide vibe shift on short-term rentals, wants to be […]
Steuart and Tom Walton, two grandsons of Walmart founder Sam Walton, are converting the company’s old HQ in Bentonville, Arkansas, into a flexible, STEM-focused university. Why It Hits: The concept of a college education appears to be undergoing an existential crisis, as entry-level jobs seem harder than ever to come by post-graduation, and the rising costs of […]
OpenAI has reversed its plan to reorganize the AI firm to divorce its non-profit board from its for-profit arm. Why It Hits: OpenAI has been touting its for-profit plan for a while now in an effort to ramp up fundraising, compete with the growing number of rivals, and make a lot of investors very, very […]
Even though the White House is partly trying to bring more manufacturing jobs back to the US with its tariff and trade policies, those jobs — especially ones that are repetitive or dangerous — may actually be mostly taken over by new AI-powered, autonomous robots. The Big Picture: Nearly every American corporation says manufacturing in […]