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Meloni from Italy Describes Trade Deal as ‘Positive,’ Awaits Details

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Italy's Meloni says it's a 'positive' trade deal was reached but needs to see details

German train derailment results in three fatalities and several injuries

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Emily Atkinson & Bethany Bell

BBC News

Thomas Warnack/ dpa Emergency workers on an upturned carriageThomas Warnack/ dpa

Emergency workers on an upturned carriage

At least three people have been killed and several others have been seriously injured after a passenger train derailed in south-west Germany, police say.

Operator Deutsche Bahn said the crash at Riedlingen near Stuttgart was caused by “unknown reasons”. Reports say there had been a storm in the area shortly before.

Around 100 people were on board the train when at least two carriages derailed in a forested area around 18:10 local time (17:10 BST), German news agency dpa reported.

German Chancellor Freidrich Merz said he “mourn[ed] the victims” and offered his “deepest sympathy” to their families in a post on X.

He said he was in close contact with the interior and transport ministers, and has requested that they provide the emergency services with all the support they need.

In a statement, Ulm police said that current investigations showed “three people were killed and other passengers were seriously injured”.

Images of the crash show carriages turned on their sides and heavy emergency service presence. Fallen trees can also be seen at the scene.

Deutsche Bahn said the train was on a 90 km (55 mile) route between Sigmaringen and Ulm when it derailed.

“The exact situation is still unclear at this time,” it said on X. “Our thoughts and sympathies are with the victims and everyone who now has to process this experience.”

Thomas Warnack/ dpa An overturned train carriage is attended by emergency service personnelThomas Warnack/ dpa

US and EU agree on trade deal with 15% tariff rate and promise billions in investments

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The U.S. and European Union agreed on trade terms that include a 15% rate on most EU products as well as hundreds of billions of dollars of investments in American industry.

President Donald Trump and European Commission President Ursula von der Leyen met in Scotland on Sunday to iron out the agreement.

Trump said the EU will invest $600 billion in the U.S. and buy $750 billion of U.S. energy, with “vast amounts” of American weapons also in the mix. He also said the EU will be “opening up their countries at zero tariff.”

Von der Leyen said the 15% rate was “all inclusive,” but Trump said later that it didn’t apply to pharmaceuticals and metals though it does for autos.

“I think that basically concludes the deal,” he told reporters. “It’s the biggest of all the deals.”

Von der Leyen also said the agreement would “rebalance” trade between the two partners. The U.S. goods trade deficit with the 27-member EU was $235.6 billion in 2024, a 12.9% increase from 2023, according to the office of the U.S. Trade Representative.

She later confirmed that the $750 billion in U.S. energy purchases would come over the next three years, while adding that both sides will drop tariffs to zero on aircraft, plane parts, certain chemicals, and chip equipment as well as some farm products and raw materials.

But von der Leyen also introduced some uncertainty by saying the 15% rate does apply to pharmaceuticals while also suggesting more details will come from the U.S. and that pharma overall is “on a different sheet of paper.”

A deal with America’s biggest trading partner removes a key source of market uncertainty and the threat of a damaging trade war.

Michael Brown, senior research strategist at Pepperstone, said in a note that European carmakers are among the big winners from the deal as tariffs on autos will drop to 15% from the current 25%, securing a similar carveout that Japan obtained last week. U.S. defense and energy stocks also stand to gain.

“Stocks hardly need much of an excuse to rally right now, and agreement of the ‘biggest ever deal’ – Trump’s words, not mine – not only removes a key left tail risk that the market had been concerned about, but also yet again reiterates that the direction of travel remains away from punchy rhetoric, and towards trade deals done,” he wrote.

Heading into their meeting, Trump and von der Leyen said they saw a 50-50 chance of reaching a deal. Trump ruled out pharmaceuticals from any deal and said the tariff rate on the EU wouldn’t go below 15%.

The EU already faces a 50% U.S. tariff on steel and aluminum. Without a deal by Aug. 1, the EU was set to get hit with a 30% “reciprocal” tariff, up from 10%.

Last week, Trump reached a trade with Japan that set a 15% rate and included a pledge for Tokyo to invest $550 billion in key U.S. industrial sectors, with Trump able to direct the funds.

Treasury Secretary Scott Bessent said Japan’s investment offer was key to clinching a trade deal and suggested it could help other countries get a comparable rate, though Wall Street analysts have expressed skepticism that the money will fully materialize.

In fact, Trump has hinted that the EU would have to “buy down” the threatened tariff rate of 30% and pointed to the Japan deal.

In case no deal with the U.S. was made, the EU had already pre-planned retaliatory tariffs of up to 30% on more than $100 billion worth of goods American exports, such as aircraft, cars and bourbon whiskey.

Meanwhile, other U.S. trading partners are also staring down the Aug. 1 deadline, and Commerce Secretary Howard Lutnick said Sunday that no further extensions will be given.

But the U.S. and China are reportedly extending their trade truce by 90 days as talks between Bessent and Chinese Vice Premier He Lifeng scheduled to start on Monday in Stockholm. Without an extension, their tariff pause was scheduled to end on Aug. 12.

“When Japan broke down and made a deal the EU had little choice. The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold,” Jamie Cox, managing partner for Harris Financial Group, said in a note. “The next big durable theme in markets is security, and the EU deal only accelerates it.”

Countries condemn Israel but continue economic relations with it | Updates on Israel-Palestine conflict

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As Israel’s killing of Palestinians continues fast and slow, through air strikes and starvation, the foreign ministers of 28 countries have signed a statement calling for an end to Israel’s war on Gaza.

As these countries deploy words months after the United Nations and other groups warned of an oncoming famine, there has been little action on other fronts.

Some of these countries have recognised the Palestinian state while France last week angered Israeli officials by announcing it would do the same in September.

Still, many critics have pointed out that as countries make these statements, many of them continue to benefit from trade with Israel and have not imposed sanctions or taken any other action that could push Israel to end its genocidal war on Gaza.

The war has killed at least 59,821 people in Gaza and wounded 144,477.

Here’s all you need to know about the countries profiting from Israel while condemning its military action:

How much do the signatories of the statement trade with Israel?

Belgium, France, Ireland, Italy, Japan, the Netherlands, Poland, Spain, Switzerland and the United Kingdom all have more than $1bn in imports, exports or both with Israel, according to 2023 figures from the Observatory of Economic Complexity.

What do these countries trade with Israel?

Among the top items being traded are cars and other motor vehicles, integrated circuits, vaccines and perfumes.

About $3.58bn in integrated circuits is the largest individual product going to Ireland, making up the overwhelming majority of Ireland’s imports from Israel.

Meanwhile, Italy exports to Israel more than any other country that signed the statement. Its $3.49bn of exports included $116m in cars in 2023.

Smoke rises from an Israeli air strike in the northern Gaza Strip near Beit Hanoon, as seen from Israel on July 27, 2025 [Atef Safadi/EPA]

Do these countries recognise Palestine?

Of those countries that issued the statement, Ireland and Spain recognised Palestine in 2024 and have spoken strongly against Israel’s actions in Gaza. Still, that hasn’t stopped them from continuing trade with Israel.

Seven other countries that signed the statement also recognise the State of Palestine, including Cyprus, Malta and Poland, all of which recognised Palestine in 1988, shortly after the Palestinian Declaration of Independence.

Iceland (2011), Sweden (2014), Norway (2024) and Slovenia (2024) also recognise the State of Palestine while France said it will do so in September at the United Nations General Assembly.

Who signed the statement?

Australia, Austria, Belgium, Canada, Cyprus, Denmark, Estonia, Finland, France, Greece, Iceland, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovenia, Spain, Sweden, Switzerland and the UK.

All of them are still trading with Israel.

What was Israel’s reaction to the statement?

As expected.

Oren Marmorstein, a spokesperson for the Israeli Ministry of Foreign Affairs, wrote on X that Israel rejects the statement, saying “it is disconnected from reality and sends the wrong message to Hamas.”

INTERACTIVE - Israel attacks Gaza tracker death toll ceasefire July 27 2025-a-1753622541
[Al Jazeera]

What else are countries trading with Israel doing?

France, Germany and the UK called for an “immediate ceasefire” in Gaza and “unconditional release of all hostages” after they held an emergency call to discuss the war and the hunger crisis created by Israel’s siege and aid blockade on the enclave.

Has any of this made Israel change its behaviour?

Attention has turned heavily towards the starvation of Palestinians in Gaza, leading even longtime Israeli stalwart supporters like former US presidential candidate Hillary Clinton to address the issue.

This pressure has led Israel to announce “tactical pauses” for “humanitarian purposes” from 10am to 8pm (07:00 to 17:00 GMT) in al-Mawasi, Deir el-Balah and Gaza City. They started on Sunday.

Despite the pauses, Israeli forces killed at least 43 Palestinians early on Sunday.

The Palestinian Ministry of Health in Gaza said on Sunday that it had recorded six more deaths over 24 hours due to famine and malnutrition, including two children.

This brings the total number of starvation deaths to 133, including 87 children.

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Israel extends aid measures as a gesture of support to allies appalled by Gaza’s food crisis

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Jeremy Bowen

International editor

AFP A young Palestinian girl hangs over a wall, holding a metal bowl, while waiting for lentil soup distribution point in Gaza City in the northern Gaza StripAFP

Israel has responded to sustained and growing international condemnation that it is responsible for starvation in Gaza by announcing a series of measures the Israel Defence Forces (IDF) said would ‘improve the humanitarian response.’

It is allowing airdrops of aid, carrying out the first one itself during the night and allowing the United Arab Emirates air force to follow with another later on Sunday.

The IDF also announced that it would allow a ‘tactical pause in military activity’ in some areas and set up ‘designated humanitarian corridors… to refute the false claim on international starvation.’

Hamas has condemned the moves as a “deception”. Israel, it said, was “whitewashing its image before the world”.

Israel later carried out an airstrike during the ‘tactical pause.’ Reports from the scene say a mother called Wafaa Harara and her four children, Sara, Areej, Judy and Iyad were killed.

While Israel continues to insist it is not responsible for the humanitarian catastrophe in Gaza and does not impose restrictions on aid entering Gaza, those claims are not accepted by its close allies in Europe, or the United Nations and other agencies active in Gaza.

The new measures might be a tacit admission by the Israelis that they need to do more.

More likely they are a gesture to allies who have issued strong statements blaming Israel for starvation in Gaza.

The latest, on Friday 25 July, from Britain, France and Germany was stark.

“We call on the Israeli government to immediately lift restrictions on the flow of aid and urgently allow the UN and humanitarian NGOs to carry out their work in order to take action against starvation. Israel must uphold its obligations under international humanitarian law.”

Israel followed a total blockade of all aid into Gaza with restrictions on the approval of the contents and movement of aid convoys. With the Americans, it has set up a new system of distributing aid through the so-called ‘Gaza Humanitarian Foundation’ (GHF), intended to replace the aid network run by the United Nations. Israel claims that Hamas stole aid from the UN system. The UN says it is still waiting for the Israelis to back their claims with evidence.

The UN and other agencies will not cooperate with the GHF system, which they say is inhumane and militarised. More than 1,000 Palestinians have been shot dead trying to reach the GHF’s four sites, according to the UN.

A retired US special forces colonel who worked for the GHF in Gaza told the BBC that he saw American colleagues and IDF soldiers opening fire on civilians. Both deny they have targeted civilians.

Watch: Air drop aid seen arriving in northern Gaza

Jonathan Whittall, the head in the Occupied Palestinian Territories of the UN’s office for the coordination of humanitarian affairs (OCHA) has already condemned the methods used by the GHF. Israel told him his visa would not be renewed after he posted on social media a month ago that the GHF system had brought to Gaza “conditions created to kill… what we are seeing is carnage. It is weaponised hunger. It is forced displacement. It’s a death sentence for people just trying to survive. It appears to be the erasure of Palestinian life”.

After Israel announced its new measures, Whittall told the BBC that “the humanitarian situation in Gaza has never been worse”.

He said for Israel’s new measures to change matters for the better it would have to reduce the time it takes to allow trucks to transit the crossings into Gaza and improve the routes provided by the IDF for the convoys to use.

Israel would also need to provide “meaningful assurances that the people gathering to take food off the back of the trucks won’t be shot by Israeli forces”.

Whittall has been going in and out of Gaza since the war started, though that is now ending unless Israel decides not to withdraw his visa after all. He says that as IDF military operations continue “there remains an abhorrent disregard for humanitarian law”.

Prime Minister Benjamin Netanyahu and his former defence minister Yoav Gallant are already the subject of an arrest warrant issued by the International Criminal Court last year, accused of joint criminal responsibility for “the war crime of starvation as a method of warfare; and the crimes against humanity of murder, persecution, and other inhumane acts.” Netanyahu, Gallant and the Israeli state deny the allegations.

Israel released grainy footage of a transport plane dropping pallets of aid into Gaza. Lines of parachutes billowed out the back of the aircraft in the dark of the night. The IDF said it had delivered seven packages of aid containing flour, sugar and tinned food.

In other wars I have seen aid being dropped, both from the aircraft themselves and close up on the ground as it lands.

Air dropping aid is an act of desperation. It can also look good on television, and spread a feel-good factor that something, at last, is being done.

It is a crude process, that will not on its own do much to end hunger in Gaza. Only a ceasefire and an unrestricted, long term aid operation can do that. Even big transport planes do not carry as much as a small convoy of lorries.

EPA Palestinians try to grab bags of flour from an aid truck near Zikim, northern Gaza Strip on 27 JulyEPA

Palestinians try to grab bags of flour from an aid truck near Zikim, northern Gaza Strip on 27 July

In Iraqi Kurdistan, after the 1991 Gulf War, the US, UK and others dropped aid from C-130 transport aircraft, mostly army rations, sleeping bags and surplus winter uniforms to tens of thousands trying to survive in the open in mud and snow high in the mountains on Iraq’s border with Turkey. I flew with them and watched British and American airmen dropping aid from the rear cargo ramps of the planes several thousand feet above the people who needed it.

It was welcome enough. But when a few days later when I managed to reach the improvised camps in the mountains, I saw young men running into minefields to get aid that landed there. Some were killed and maimed in explosions. I saw families killed when heavy pallets dropped on their tents.

When Mostar was besieged during the war in Bosnia in 1993, I saw pallets of American military ‘meals ready to eat’, dropped from high altitude, scattered all over the east side of the city that was being constantly shelled. Some aid pallets crashed through roofs that had somehow not been destroyed by artillery attacks.

Professionals involved in relief operations regard dropping aid from the sky as a last resort. They use it when any other access is impossible. That’s not the case in Gaza. A short drive north is Ashdod, Israel’s modern container port. A few more hours away is the Jordanian border, which has been used regularly as a supply line for aid for Gaza.

Gaza was one of the world’s most densely populated places before the war when the population of more than two million Palestinians had access to the entire strip. In British terms, the Gaza Strip is slightly smaller than the Isle of Wight. Compared to American cities, it’s roughly the size of Philadelphia or Detroit.

Now Israel has forced most of Gaza’s people into a tiny area on the southern coast, amounting to around 17% of Gaza’s land. Most of them live in densely packed tents. It is not clear if there is even an open space for despatchers high in the sky to aim at.

Pallets of aid dropped by parachute often land far from the people who need it.

Each pallet will be fought over by desperate men trying to get food for their families, and by criminal elements who will want to sell it for profit.

Trump and EU’s von der Leyen to meet Sunday to finalize trade agreement

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Trump, EU's von der Leyen to meet on Sunday to clinch trade deal

Turkish Wildfires Spread to Northwest City as Hundreds Evacuate: Climate Crisis Update

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Bursa governor’s office says 1,765 people have been evacuated as more than 1,900 firefighters battle the flames.

Wildfires that have engulfed Turkiye for weeks have surrounded the country’s fourth-largest city, causing more than 1,700 people to flee their homes and leaving one firefighter dead.

Fires in the forested mountains surrounding Bursa in northwest Turkiye spread rapidly overnight on Sunday, causing a red glow over the city.

Dozens of severe wildfires have hit the country since late June, with the government declaring two western provinces, Izmir and Bilecik, disaster areas on Friday.

Bursa governor’s office said in a statement on Sunday that 1,765 people had been safely evacuated from villages to the northeast as more than 1,900 firefighters battled the flames. Authorities said 500 rescue workers were also on the ground.

The highway linking Bursa to the capital, Ankara, was closed as surrounding forests burned.

A firefighter died from a heart attack while on the job, the city’s mayor, Mustafa Bozbey, said in a statement, adding that the flames had scorched 3,000 hectares (7,413 acres) around the city.

Orhan Saribal, an opposition parliamentarian for the province, described the scene as “an apocalypse”.

Relatives and friends mourn during the funeral of five rescue volunteers killed while battling a wildfire in northwestern Eskisehir province, in Ankara, Turkiye, July 24, 2025 [Yavuz Ozden/Dia Photo via AP]

Forestry Minister Ibrahim Yumakli said fire crews across the country battled 84 separate blazes on Saturday. The country’s northwest was under the greatest threat, including Karabuk, where wildfires have burned since Tuesday, he said.

Unusually high temperatures, dry conditions and strong winds have been fuelling the wildfires.

The General Directorate of Meteorology said Turkiye recorded its highest ever temperature of 50.5 degrees Celsius (122.9 degrees Fahrenheit) in the southeastern Sirnak province on Friday. The highest temperatures for July were seen in 132 other locations, it said.

The previous national record was set on August 15, 2023 in Saricakaya, Eskisehir, at 49.5C (121.1F), the Anadolu news agency reported.

At least 14 people have died in recent weeks, including 10 rescue volunteers and forestry workers killed on Wednesday in a fire in Eskisehir in western Turkiye.

Justice Minister Yilmaz Tunc said late on Saturday that prosecutors had investigated fires in 33 provinces since June 26, and that legal action had been taken against 97 suspects.

Watch Party for Day 1 Finals of the 2025 World Championships with Olivia Smoliga and Hunter Armstrong

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By Coleman Hodges on SwimSwam

2025 World Championships

Listen along with SwimSwam as we livestream Day 1 Finals of the 2025 World Championships in Singapore.

Read the full story on SwimSwam: 2025 World Championships | Day 1 Finals Watch Party with Olivia Smoliga & Hunter Armstrong

Study finds that while AI is causing mass layoffs in tech, it is also increasing salaries by $18,000 annually in other industries.

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You’ve read about it all over, including in Fortune Intelligence. Maybe you or friends have been impacted: artificial intelligence is already transforming work, not least hiring and firing. Nowhere is the impact more visible than in the labor market.

The technology industry, the original epicenter of AI adoption, is now seeing many of its own workers displaced by the very innovations they helped create. Employers, racing to integrate AI into everything from cloud infrastructure to customer support, are trimming human headcount in software engineering, IT support, and administrative functions. The rise of AI-powered automation is accelerating layoffs in the tech sector, with impacted employees as high as 80,000 in one count. Microsoft alone is trimming 15,000 jobs while committing $80 billion to new AI investments.

But labor market intelligence firm Lightcast is offering a ray of hope going forward. Job postings for non-tech roles that require AI skills are soaring in value. Lightcast’s new “Beyond the Buzz” report, based on analysis of over 1.3 billion job postings, shows that these postings offer 28% higher salaries—an average of nearly $18,000 more per year. The Lightcast research underscores the split in tech and non-tech hiring: job postings for AI skills in tech roles remain robust, but the proportion of AI jobs within IT and computer science has fallen, dropping from 61% in 2019 to just 49% in 2024. This signals an ongoing contraction of traditional tech roles as AI claims an ever-larger share of the work.

AI demand explodes beyond tech

Rather than stifling workforce prospects, Lightcast’s research suggests that AI is dispersing opportunity across the broader economy. More than half of all jobs requesting AI skills in 2024 appeared outside the tech sector—a radical reversal from previous years, when AI was confined to Silicon Valley and computer science labs. Fields like marketing, HR, finance, education, manufacturing, and customer service are rapidly integrating AI tools, from generative AI platforms that craft marketing content to predictive analytics engines that optimize supply chains and recruitment.

In fact, job postings mentioning generative AI skills outside IT and computer science have surged an astonishing 800% since 2022, catalyzed by the proliferation of tools like ChatGPT, Microsoft Copilot, and DALL-E. Marketing, design, education, and HR are some of the fastest growers in AI adoption—each adapting to new toolkits, workflows, and ways of creating value.

Cole Napper, VP of research, innovation, and talent insights at Lightcast, told Fortune in an interview that he was struck by the lack of a discernible pattern for which industries were most affected by the explosion of AI skills present in job postings, noting that the arts come top of the list.

AI skills are in demand

For the workforce at large, AI proficiency is emerging as one of today’s most lucrative skill investments. Possessing two or more AI skills sends paychecks even higher, with a 43% premium on advertised salaries.

In 2024, more than 66,000 job postings specifically mentioned generative AI as a skill, a nearly fourfold increase from the prior year, according to the Lightcast’s 2025 Artificial Intelligence Index Report. Large language modeling was the second most common AI skill, which showed up in 19,500 open job posts. Postings listing ChatGPT and prompt engineering as skills ranked third and fourth in frequency, respectively.

Sectors such as customer/client support, sales, and manufacturing reported the largest pay bumps for AI-skilled workers, as companies race to automate routine functions and leverage AI for competitive advantage.

Christina Inge, founder of Thoughtlight, an AI marketing service, told Fortune in a message AI isn’t just automating busywork, it’s also becoming a tool AI-fluent workers can leverage to increase their own value to a company—and to outperform their peers. Take, for example, someone in sales using AI to create more targeted conversations to close deals faster, Inge wrote. The same can be said for customer service workers.

“[Customer service workers fluent in AI] know how to interpret AI outputs, write clear prompts, and troubleshoot when things go off script,” Inge said. “That combination of human judgment and AI fluency is hard to find and well worth the extra pay.”

In fields like marketing and science, even single AI skills can yield large returns, while more technical positions gravitate to specialists with advanced machine learning or generative AI expertise.

Crucially, the most valued AI-enabled roles demand more than just technical wizardry. Employers prize a hybrid skillset: communication, leadership, problem-solving, research, and customer service are among the 10 most-requested skills in AI-focused postings, alongside technical foundations like machine learning and artificial intelligence.

“While generative AI excels at tasks like writing and coding, uniquely human abilities—such as communication, management, innovation, and complex problem-solving—are becoming even more valuable in the AI era,” the study says.

Winners and losers

The emerging repercussions are striking. Tech workers whose roles are readily automated face rising displacement—unless they can pivot quickly into emerging areas that meld business, technical, and people skills. Meanwhile, millions of workers outside of tech are poised to translate even basic AI literacy into new roles or wage gains. The competitive edge now lies with organizations and professionals agile enough to combine AI capabilities with human judgement, creativity, and business acumen.

For companies, the risk is clear: treating AI as an isolated technical specialty is now a liability. Winning firms are investing to embed AI fluency enterprise-wide, upskilling their marketing teams, HR departments, and finance analysts to build a future-ready workforce.

AI may be the source of turmoil in Silicon Valley boardrooms, but its economic dividends are flowing rapidly to workers—and companies—in every corner of the economy. For those able to adapt, AI skills are not a harbinger of job loss, but a passport to higher salaries and new career possibilities. Still, the research doesn’t indicate exactly where in the income levels the higher postings are coming, so Napper said it’s possible that we are seeing some compression, with higher-paid tech jobs being phased out and lower-paying positions being slightly better-paying.

Napper said the trend of AI skills cropping up in job postings has exploded over the past few years, and he doesn’t expect a slowdown anytime soon. Napper said there’s a “cost to complacency”—one that includes a significant salary cut. He added that the 28% premium, Lightcast plans to release follow-up research on what level of the income latter the trend is hitting the most.

For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing.