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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

2

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

3

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
HealthCOVID-19 vaccines

Dr. Anthony Fauci plans to step down in December, ending more than 50 years of service

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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August 22, 2022, 11:36 AM ET
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Anthony Fauci, who was one of the most visible faces during the COVID-19 pandemic, and who has served as head of the National Institute of Allergy and Infectious Diseases since 1984, will step down in December.

Fauci, 81, announced the timeline of his departure Monday, after first alerting people to his plans in July. He has most recently served as President Biden’s chief medical adviser, but has been the top U.S. government infectious disease expert under seven presidents.

His career in public health began in 1968, when a then 27-year-old Fauci joined the National Institutes of Health. While he’s best known for his work during the COVID years, Fauci was also a key player in the nation’s response to AIDS, Ebola, and Zika. He is one of the most cited researchers of all time.

Since the spread of COVID-19, he has become the target of unfounded conspiracy theories. He found himself at odds with President Donald Trump, which increased the criticism of him by the far right.

He has conceded that he and other disease experts did not act quickly enough to fight COVID and made some bad calls in the early days of the pandemic, such as not recommending masks for Americans.

Under his direction since 1984, the National Institute of Allergy and Infection Diseases has seen its budget grow to $6.3 billion, second only in size to the National Institutes of Health’s cancer division.

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About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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