Adapt or die. That is what Fortune writer Mathew Ingram has to say about the rise of ad-blocking software. Here’s a rundown of what’s happening: Apple’s latest iOS update includes increased access to software that can get rid of all of those pesky display ads. There’s just one problem with that: the majority of independent publishers get a large chunk of their revenue from that type of advertising, and don’t have the resources necessary to invest in other ad platforms.
West Side story. Hudson Yards, the most expensive private real estate development in United States history, is starting to come together. It’s located right where New York City’s newest subway station just opened, and the new neighborhood — a mix of residential and commercial buildings — will completely change the far west side of Midtown Manhattan, the Awl writes.
Leading the charge. Former Daily Show host Jon Stewart joined a group of 9/11 first responders to push Congress to renew a bill that extends benefits to those who risked their lives 14 years ago. The legislation, originally passed in 2010 after a long partisan battle, is set to expire in October.
Pump the brakes. The Federal Reserve decided on Thursday to hold off on raising benchmark interest rates. Although Chairwoman Janet Yellen held off on an increase, she said the Fed still plans to raise rates by the end of the year, the New York Times reports. Yellen cited “heightened uncertainness abroad” and low inflation as the primary factors influencing the central bank’s decision.