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The Swedish academy says the academics’ models are ‘now used by central banks and ​governments around the world’. The ⁠2026 Nobel Prize in Economic Sciences has been awarded to US academics Robert Hall and Michael ⁠Woodford for their work on how monetary and fiscal policy can help stabilise fluctuations in the economy, according to the Royal Swedish Academy of Sciences. The winners of the prestigious award, formally known ⁠as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel and the final prize to be given out this year, were announced on Monday. Recommended Stories list of 4 itemslist 1 of 4Canadian Anne Carson wins 2026 Nobel Prize in Literaturelist 2 of 4Who is Navi Pillay, winner of the 2026 Nobel Peace Prize?list 3 of 4US sanctions International Criminal Court in major escalationlist 4 of 4Why is the US sanctioning the International Criminal Court?end of listThe two laureates developed new macroeconomic models that improve people’s ability to implement effective stabilisation policies, enabling fiscal and monetary policy measures that can reduce damaging swings in the economy.

Dolly Parton’s nephew Bryan Seaver announced the legendary singer’s death on Aug. 25, 2026, in a prerecorded video. Seaver, the son of one of Parton’s 11 siblings, had been her head of security for many years. But Seaver is currently embroiled in a messy dispute with She’s Alive LLC, the company Parton established to manage her business assets after her death.

Tricia Wallwork is now the CEO of her family business. This as-told-to essay is based on a conversation with Tricia Wallwork, CEO and Chair of the Board at Milo's Tea. It has been edited for length and clarity. When my grandad Milo returned from World War II, he married my grandma, Bea, the very next week. He likes to say he only had $20 and a footlocker, but he also had a vision: for a hamburger stand serving burgers, fries, pies, and sweet tea to Birmingham's steelworkers. That was the beginning of Milo's Tea. Since then, the business has had three distinct iterations: the initial burger stand, franchise restaurants that my dad and stepmother ran, and now the tea company that I operate.

Palantir CTO says some AI researchers are taking up smoking because they expect AI to cure cancer Palantir's CTO Shyam Sankar said taking up smoking has become a way for AI researchers to show how much they believe in AI.

ManitobaA criminal defence lawyer, a land-based educator and an industrial gas company executive are all vying to replace Brian Mayes as the city councillor for St. Vital. Pending retirement of 15-year councillor Mayes creates wide-open raceBartley Kives · CBC News · Posted: Oct 12, 2026 7:00 AM EDT | Last Updated: October 12Listen to this articleEstimated 5 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. St. Vital Coun. Brian Mayes is attempting to exchange positions with 16-year Louis Riel School Division trustee Chris Sigurdson this fall, as Mayes is running for trustee and Sigurdson is running for council. (Prabhjot Singh Lotey/CBC)A criminal defence lawyer, a land-based educator and an industrial gas company executive are all vying to replace Brian Mayes as the city councillor for St. Vital. Mayes is leaving city hall after serving 15 years as the councillor for the southeastern Winnipeg ward.

Naples, Italy, has seen the fastest growth in flight capacity from North America over the past three years. Whether it's eating gelato under the Mediterranean sun or exploring a medieval city, North Americans can't get enough of summer trips to Europe. Business Insider analyzed data from Cirium, an aviation analytics firm, to create four charts that show how Eurosummer is on the rise — and which destinations are the trendiest. We looked at the number of seats on flights from North America to Europe. Unlike just measuring the number of flights, this also accounts for the airplanes' capacity. Airlines scheduled 69% more seats in July 2026 than in July 2010. Meanwhile, the number of flights went up 59%, from roughly 15,700 to 24,900. As the data is based on flight schedules rather than border crossings, it does not necessarily reflect tourists' final destinations. Even so, passenger demand still informs where airlines send their fleets and launch new routes. Cirium's data also show that airlines are adding more seats in summer than in winter. In 2026, there were 77% more seats from North America to Europe in July than in January. In 2010, there was a 50% gap between those months.

Starbucks is reportedly exploring a takeover of Chipotle, people familiar with the matter told the FT. Corporate America loves a boomerang CEO. Think Bob Iger's return to Disney, or Elliott Hill coming out of retirement for Nike. But what Starbucks CEO Brian Niccol is apparently considering is in a category of its own. The FT reported last week that Starbucks has explored acquiring Chipotle in what would be the restaurant industry's biggest deal ever. Here's the twist: Niccol was CEO of Chipotle before jumping to Starbucks. He could now end up buying his old company. On Monday, Starbucks denied the reports. "We are not buying Chipotle," a Starbucks spokesperson told Business Insider. "Our team is laser focused on executing our Back to Starbucks strategy. We have strong momentum and confidence in our long-term growth potential. "Still, the idea of a Starbucks/Chipotle combo is a good excuse to look at how far both companies' stock prices have diverged since Niccol's move to Starbucks was announced in August 2024. Starbucks became a turnaround story, while Chipotle struggled to replace the man who helped make it one.

The annoying scam that may be hiding in your work calendar That meeting on your calendar might not be what it seems.

Bird's CEO Robert Vis says AI is making high-agency generalists more valuable at work. Being a specialist may be getting harder at some AI-powered companies. "The profile that we were very focused on was people with high agency," Robert Vis, the CEO of communications infrastructure company Bird, told Business Insider. "If you're high agency and you're full stack, then AI leverages you to basically be your best self. "Vis made the comments in late September after Bird announced that it had completed $450 million in debt financing led by JPMorgan, Capital One, and Citi. The company also said its head count fell from more than 1,000 people to 120 over roughly three years as it automated more of its operations and favored employees with high agency and multidisciplinary skills. Vis said AI is helping employees work across tasks that companies have historically treated as distinct roles. In engineering, for example, he said the technology favors people who understand not just how to write code but also how a product should work. "If you're an engineer and you're extremely good at just code but you have no product sense, that wouldn't work at Bird," he said.

South Korea's once-red-hot stock market has lost momentum. South Korea's stock market has gone from the world's hottest to its coldest in just a few months. The Kospi, the world's best-performing major stock benchmark in the first half of 2026, has since fallen about 24%, making it the worst-performing major market in the second half. It's still more than 50% higher this year. The AI trade isn't losing its appeal. But investors are increasingly looking beyond South Korea's memory-chip giants to companies with broader exposure to the AI hardware boom. In July, analysts at GlobalData. TS Lombard pointed out that much of the earnings growth at Korean memory-chip makers came from higher memory-chip prices. By contrast, TSMC and Japanese chip-equipment makers relied more on advanced manufacturing and process expertise, giving them more durable growth prospects, they added. Taiwan's Taiex has climbed about 7% in the second half of the year, taking its year-to-date gains to about 70% as investors broaden their bets across the AI hardware supply chain.

America's dental hygienists call it quits So many teeth, no one to clean them: America's dental hygienist shortage is a headache for patients