- + British billionaire Joe Lewis, former Tottenham Hotspur owner, pardoned by Trump for insider trading and conspiracy crimes—British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, was pardoned by President Donald Trump more than a year afte...
- + This ‘hidden’ career path is in dire need of more workers—and it can pay Gen Z over $300,000 with no degree required—The airport has become a hotbed of issues in the spotlight—a shortage of air traffic controllers , long TSA lines exacerbated by the government shu...
- + This 38-year-old used to be homeless and now pays $19 per month for an apartment over an LA subway station thanks to affordable housing—After years of living on the street and crashing on friends’ couches, Quantavia Smith was given the keys to a studio apartment in Los Angeles th...
- + Billionaires are swapping art and cars for sports teams as their top ‘trophy’ investment, JPMorgan says—Forget typical old-money investments like art auctions and vintage cars. Today’s billionaires are pouring their money into their favorite sports teams...
- + Getting $190 apiece to 42 million Americans has state officials in a post-shutdown SNAP scramble—With the longest U.S. government shutdown over , state officials said Thursday that they are working quickly to get full SNAP food benefits to...
- + Hooters CEO says private equity turned it into a ‘boys club hangout’—Now he’s plotting a family-friendly makeover—Neil Kiefer has fond memories of the original Hooters restaurant he cofounded in 1983 in Clearwater, Florida. Despite naming his chain with a heavy do...
- + ‘Very problematic’ disclosure of ‘confidential competitive’ data between Fannie Mae, Freddie Mac roils housing world—A confidant of Bill Pulte , the Trump administration’s top housing regulator, provided confidential mortgage pricing data from Fannie Mae...
- + Why Genpact has an Agentic AI Officer and why she dislikes the term ‘human in the loop’—Chief AI officers are increasingly common in today’s C-suites. But technology consulting firm Genpact is taking things one step further with a “Glo...
- + Anthropic says it ‘disrupted’ what it calls ‘the first documented case of a large-scale AI cyberattack executed without substantial human intervention’—Anthropic, the $183 billion San Francisco–based AI company known for the Claude chatbot, said it thwarted what it called the first documented, large...
- + Boston falls in love with tiny alligator in Charles River, rescues footlong reptile before it freezes— It wasn’t a croc — there really was an alligator on the loose in Boston. And the story of the city’s slithering saurian appears t...
- + Walmart CEO started his career unloading trailers at the warehouse—he says raising his hand led to his success—Walmart CEO Doug McMillon has been with the world’s largest retailer for decades, helping it keep its top spot on the Fortune 500. He got his start ...
- + Post-conviction Jeffrey Epstein gave dating advice to Larry Summers, former Treasury secretary and Harvard president—By the time Jeffery Epstein pleaded guilty in 2008 to soliciting prostitution from an underage girl, he had established an enormous network of wealthy...
- + Patagonia founder Yvon Chouinard says he’s ‘working harder than an 87-year-old should’ but he’s got no choice: ‘The planet is in bad shape’—Patagonia founder Yvon Chouinard, 87, has a life update: He’s been “working harder than an 87-year-old should.” However, as detailed in the com...
- + Tech execs admit AI is a bubble—and they’re pretty happy about it: ‘We can’t deny there’s a ridiculous amount of investment going on’—If the AI boom had a physical form, it was alive and kicking at Web Summit this week as 71,000 startup founders, venture capital investors, tech CEOs,...
- + Millennials are ‘carpooling for homes’ by teaming up with non-romantic co-buyers because of the disastrous state of the housing market—The tragic economic plight of the millennial has been extensively documented (although sometimes questioned and debunked ). The startling fact of t...
- + I had a front-row seat to AI’s rise at Microsoft and SAP. Here’s the billion-dollar blind spot everyone’s missing—Enterprises invested $30 billion-$40 billion in generative AI pilots in 2024, yet an influential MIT study found that 95% delivered zero measurable ...
- + Beyond the C-suite: companies expand use of company stock trading plans —With equity compensation firmly established as a competitive differentiator and rising in interest among employees , there is a growing need to mak...
- + AI video has come for Hollywood. Is it ready?—Stop me if you’ve heard this before: A technology company draws the ire of the entertainment industry for unauthorized use of its intellectual propert...
- + I was New York City’s first female fire commissioner. It’s time to stop asking women to ‘fit the room’ and just fix the room instead—After a historic night of “firsts” for women in Tuesday’s elections—Virginia’s first female governor ; the first Muslim woman elected to statewide ...
- + Top analyst sees U.S. stocks underperforming the rest of the world over the next decade as ‘superstar’ AI stocks make forecast uncertain—Goldman Sachs’ Peter Oppenheimer, one of the investment world’s most-watched strategists, has sent a powerful message to investors: U.S. stocks are se...
- + Walmart CEO Doug McMillon to retire at 59 years old—Walmart CEO Doug McMillon will retire effective January 31, 2026, the company announced in a Friday morning surprise , concluding a decade-long tenu...
- + BlackRock’s $2.5 billion tokenized money market fund gets boost with Binance tie-up—Institutional trading of digital assets is already big business. Now, it’s set to get even bigger as Binance, the world’s largest cryptocu...
- + Solving hunger is America’s lowest-hanging fruit —Hunger, sadly, is as American as apple pie: a crisis we seem to revisit each budget cycle but never resolve. With the record-breaking federal...
- + CFOs say AI is transforming finance—but only when strategy leads the way—Good morning. On Thursday, during the Fortune Emerging CFO virtual event in partnership with Workday, leaders discussed how AI is reshaping finance ...
- + Term Sheet Next: Erica Wenger on elephants, branding in VC, and her first fund—Erica Wenger will take an elephant over a unicorn, every time. “The more I thought about it, the more I realized I was against much of ...
- + Butchered jobs and inflation data add fuel to the fire of uncertainty already blazing in the markets—The markets are ending the week on a low note as the global selloff continued in Asia and Europe this morning, prompted by rising uncertainty stemming...
- + Ex-Meta exec says Mark Zuckerberg taught him a lesson in work-life balance: Now he has strict rules for meetings and emails at his $1 billion tax firm—When Martin Ott joined Facebook to lead its Northern and Central Europe operations as MD in 2012, the company was pre-IPO, pivoting from desktop to mo...
- + In the age of AI, CEOs quietly signal that layoffs are a badge of honor—In today’s CEO Daily: Geoff Colvin on how CEOs are becoming bolder about replacing human workers with AI. The big story: White House consi...
- + Your electric bill has replaced the price at the pump as the hot-button, political bellwether—Soaring electric and utility bills nationwide are the new political bellwether for consumers heading into a pivotal 2026 midterm election cycle for th...
- + Palantir CEO slams ‘parasitic’ critics calling the tech a surveillance tool: ‘Not only is patriotism right, patriotism will make you rich’—Palantir CEO Alex Karp is sick and tired of his critics. That much is clear. But during the Yahoo Finance Invest Conference Thursday, he escalated...
- + Top economist Mohamed El-Erian warns the AI bubble will ‘end in tears’ and credit ‘cockroaches’ abound—Famed economist Mohamed El-Erian delivered a stark warning about the evolving global economy, stating that while the underlying system remains intac...
- + Delta CEO slams ‘inexcusable’ shutdown that led to canceled flights and workers doing high-stress jobs without pay—Delta Air Lines CEO Ed Bastian delivered a scathing critique of the recent government shutdown and its operational impact on the aviation industry, c...
- + AI isn’t a bubble—but it’s showing warning signs—Hello and welcome to Eye on AI. In this edition: Why AI isn’t a bubble quite yet…ChatGPT gets chattier… Microsoft connects U.S. dat...
- + FAA is silent but airlines see a busy and healthy Thanksgiving travel season—Airlines are optimistic they can resume normal operations just a few days after the government lifts its order to cut some flights at 40 busy ai...
- + Nvidia drags Wall Street toward its worst day in a month as AI superstars keep weakening—The U.S. stock market is tumbling toward one of its worst days since its springtime sell-off, as Nvidia and other AI superstar stocks keep droppin...
- + Legendary DC diplomat feels ‘like Paul Revere’ about the $38 trillion national debt: ‘The crisis is coming!’—Richard Haass has spent four decades in Washington advising presidents, representing the U.S. abroad, and warning Congress about global threats. But...
- + The ‘Big Short’ investor betting $1 billion against the AI bubble says Meta and Oracle’s accounting is hiding the brutal truth—“It’ll happen slowly, and then all at once.” That’s how Jim Morrow, founder and chief investment officer of Callodine Capital, describes th...
- + White House official says October jobs and inflation data are likely to never be released—The government is beginning to reopen after President Donald Trump signed a House-passed funding package on Wednesday night, ending the record 43-day ...
- + Czech central bank buys $1 million in Bitcoin and other cryptocurrencies—In a bid to become more familiar with how cryptocurrencies operate, The Czech National Bank announced on Thursday that it would invest $1 million in...
- + Your political polarization is the reason for our $38 trillion national debt, top economist says: ‘it’s deeply debilitating’ for ‘consensus and stability and productive policy results’—America’s $38 trillion national debt isn’t really because of bad math or budgeting, top economist Barry Eichengreen says. It isn’t because of intere...
- + Credit card tier discrimination may be coming: New Visa-Mastercard swipe settlement could reshape rewards—and surcharges—Premium credit card users and small merchants could soon feel the effect of a decades-long battle over swipe fees. A newly proposed settlemen...
- + Economist behind K-shaped economy sees a ‘sea of despair’ for the bottom 90% and a ‘crisis of confidence’ in the American dream—Peter Atwater, adjunct professor of economics at William & Mary and president of Financial Insyghts, knows a thing or two about the K-shaped econo...
- + Economist who popularized ‘K-shaped economy’ warns one key factor is being overlooked that is creating a ‘sea of despair’ for low-income Americans—Peter Atwater, adjunct professor of economics at William & Mary and president of Financial Insyghts, knows a thing or two about the K-shaped econo...
- + After shutting down Vine in 2017, former Twitter CEO Jack Dorsey invests in a reboot of the app with more than 10,000 archived six-second videos—When Twitter , now X, shut down Vine in 2017, users thought its six-second videos were gone forever—but now, the former CEO who shuttered the app is ...
- + OnlyFans CEO will not tolerate ‘that squidgy layer of middle management’ and refuses to hire them—Keily Blair, the CEO of OnlyFans since July 2023, says that if there is one thing she cannot abide, it’s “that squidgy layer of middle m...
- + Illinois governor warns of ‘devastating’ Trump-Epstein impact: ‘he’s going to do everything in his power to distract’—Illinois Gov. J.B. Pritzker says he’s worried about how President Donald Trump might respond to the growing controversy over d...
- + Palantir CEO Alex Karp says this type of prestigious college grad is doomed. People with expert knowledge will ‘make a lot more money’—Gen Z is witnessing shrinking job openings and AI agents snatch up roles in the workplace—crushing their American Dream of attending college and l...
- + Palantir CEO Alex Karp says prestigious college grads are doomed. People with expert knowledge will ‘make a lot more money’—Gen Z is witnessing shrinking job openings and AI agents snatch up roles in the workplace—crushing their American Dream of attending college and l...
- + Michelle Obama had no idea her maroon ensemble from Biden’s inauguration would ‘break the internet’—On any day during her eight years as first lady of the United States, Michelle Obama said she could go from giving a speech to meeting with a counterp...
- + DINKs may flaunt their financial freedoms online—but they actually have less wealth than couples with kids—The American Dream is evolving. Earlier generations often bought homes and started families sooner , but with housing costs and living expenses risin...
- + No, you probably aren’t wealthier as a ‘double-income, no kids’ DINK. The married couples are better off, Pew finds—The American Dream is evolving. Earlier generations often bought homes and started families sooner , but with housing costs and living expenses risin...
- + MacKenzie Scott makes more ‘life-changing,’ record-breaking gifts to historically Black colleges and universities—totaling more than $400 million—MacKenzie Scott has been on a giving streak this fall, and two more historically Black colleges and universities announced in the past few days majo...
- + Self-made millionaire Barbara Corcoran reveals her ‘golden rule’ of real estate investing—Barbara Corcoran is renowned for her heart-over-head investment decisions—and for bucking conventional finance wisdom, including proudly not saving a ...
- + In just 15 years, the average U.S. homebuyer went from 39 to 59 years old: Top analyst reveals how the housing market has warped in one generation—In developed economies, individuals are planning their milestones later in life than the generation before them. Parents are having children later, co...
- + The longest government shutdown in history is over—but flights and jobs data won’t return to normalcy yet—After the longest shutdown in history, the House passed a bill last night to fund the government through Jan. 30, and President Trump sign...
- + BofA cites ‘favorable protein economics’ in the chicken restaurant segment with the race afoot to corner the $67 billion market—The restaurant industry is facing “softer demand,” prompting a renewed focus on both value and customer experience, according to key takea...
- + Stay-at-home dads are on the rise, but they’re not necessarily doing it to look after their kids—Not too long ago, dads onscreen took on the starring role as the fumbling secondary caregiver who didn’t know how to braid their child’s hair or...
- + Investing app Public acquires crypto IRA business for $65 million—The investing platform Public announced on Thursday it has acquired the crypto business of Alto, a firm that lets users add alternative assets to thei...
- + Swiss billionaires pivotal in wooing Trump ahead of tariff deal—As Switzerland closes in on a deal with the US to lower tariffs on the country, it will owe thanks to some of its richest executives who played a key ...
- + AI requires a rethink of the apprenticeship model for knowledge professionals —Over his 30-year career in corporate law, Nandan Nelivigi has seen many forms of automation gradually change the tasks assigned to first-year associ...
- + ‘We are guilty of spending our rainy-day fund in sunny weather’: Top economists, historians unite to urge action on $38 trillion national debt—The United States’ national debt, currently standing at $38 trillion and exceeding 120% of annual economic output , demands action , experts warn....
- + Is Gen Z the financial anxiety generation?—Gen Z has been labeled many things: digital natives, TikTok champions, the anxious generation . But perhaps no connotation has stuck quite l...
- + Circle CFO on leading the blockchain ‘megatrend’ transforming finance—Good morning. Blockchain technology is gaining mainstream traction in the U.S., with clearer regulations emerging as a key driver of adoption. ...
- + The Winklevoss twins and Big Tobacco are on the list of donors helping fund Trump’s East Wing teardown. Nvidia isn’t, but Jensen Huang is involved, too—President Donald Trump says his $300 million White House ballroom will be paid for “100% by me and some friends of mine.” The White House rel...
- + JD Vance on RFK and the MAHA movement: Many times in history, ‘all the experts were wrong’—Vice President JD Vance on Wednesday praised Health Secretary Robert F. Kennedy Jr.’s willingness to question established science and embrace nontradi...
- + Shutdown starvation was so bad that some Native American tribes killed the buffalo herds that they helped restore—On the open plains of the Fort Peck Reservation, Robert Magnan leaned out the window of his truck, set a rifle against the door frame and then “pop!&#...
- + It’s not just affordability, Americans are anxious over jobs too—Voter frustration over affordability fueled Democratic wins in last week’s state and local elections, and on top of that, Americans are be...
- + Record U.S. government shutdown is over—but Wall Street only has 10 weeks to relax before the next one could begin—Markets, rejoice! The U.S. government shutdown, the longest in history, has finally come to an end. An optimist might assume the funding deal will ave...
- + The CEO of $2.2 billion AI company Turing can’t live without ChatGPT, swears by his Kindle, and has only taken 2 weeks of vacation in 7 years—Being in the C-suite is a high-pressure job with long hours, board responsibilities, and intense scrutiny. But what is it like to be a top executive w...
- + Russia’s first AI-powered robot walked on stage to triumphant music, took a few steps, and then immediately faceplanted—Russia’s first domestically produced artificial intelligence-powered humanoid robot faceplanted during its first public demonstration this wee...
- + New Cash App features let users send and receive stablecoins, pay merchants in Bitcoin—The digital wallet Cash App is expanding beyond Bitcoin . The payments and banking platform will soon let users send and receive stablecoins, Miles S...
- + Hilton’s CEO focused on rebuilding the hotel giant’s culture. Now its staff turnover is about half the industry average—In today’s CEO Daily: Diane Brady interviews Hilton CEO Chris Nassetta. The big story: The U.S. government shutdown is finally over. ...
- + Can Europe’s financial markets fuel an industrial revival?—Contrary to popular narrative, Europe is not short of cash. In aggregate, European households save $1.4 trillion a year —substantially higher than th...
- + Cloudflare CEO says Google is abusing its monopoly in search to feed its AI—Cloudflare CEO Matthew Prince, speaking at Web Summit in Lisbon on Wednesday, said Google was abusing its monopoly position in search to scrape cont...
- + ‘The tariffs are a big tax increase’: Top bank crunches the numbers on how much Americans are paying for Trump’s trade regime—“Bust or boom?” That’s the big question at the heart of UBS’ big forecast for the U.S. economy for 2026 through 2028. But the ...
- + Only one in 3 U.S. adults approve of the way Trump is managing the government, AP-NORC poll shows—Approval of the way President Donald Trump is managing the government has dropped sharply since early in his second term, according to a new AP-NORC p...
- + Anthropic says new $50B investment in data centers will create about 800 permanent jobs and 2,400 construction jobs—Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data cente...
- + Epstein email says Trump ‘knew about the girls’ as White House calls its release a Democratic smear—WASHINGTON (AP) — Jeffrey Epstein wrote in a 2019 email to a journalist that Donald Trump “knew about the girls,” according to docum...
- + The U.S. Mint ended production of the penny, citing cost savings and the coin’s fading relevance as its buying power—once enough for a snack or candy—has all but disappeared—The U.S. Mint on Wednesday ended production of the penny , a change made to save money and because the 1-cent coin that could once buy a snack o...
- + When will I know if my flight is canceled? Here’s what to expect as delays ripple across U.S. airports—The government shutdown has led to more than 9,000 flights across the U.S. being canceled since the Federal Aviation Administration ordered its flig...
- + Circle shares slump after Q3 earnings despite big jump in revenue—Circle, the world’s second biggest issuer of stablecoins, saw its shares dive more than 8% after its first quarterly earnings announcement as a public...
- + Gen Z, iced out from traditional white-collar jobs, is increasingly turning to nanny work for rich people—and nabbing 6-figure salaries in the process—An uncertain job market rife with mass layoffs and accelerated AI integration is sending Gen Z to look for work outside of corporate America. &nb...
- + Investors are still whistling past the graveyard amid Nvidia selloffs and a dragging government shutdown—U.S. stocks are ticking higher and approaching another record. The S&P 500 rose 0.2% early Wednesday and neared the all-time high it set a couple ...
- + JLL Global CEO Christian Ulbrich: There is no ‘silver bullet’ NYC mayor-elect Zohran Mamdani can shoot to make the city affordable again—On this episode of Fortune’s Leadership Next podcast, cohosts Diane Brady, executive editorial director of the Fortune CEO Initiative and ...
- + Why Land O’Lakes is piloting a new AI tool called ‘Oz’ in bid to help boost profits on cost-pressured American farms—American farmers are facing intense business pressures from all sides. Crop prices have been plunging, while tariffs have pushed up the cost of fe...
- + Warren Buffett says ‘accumulating great amounts of money’ doesn’t achieve greatness—He still lives in a $31,500 Nebraska home and clipped coupons—Many entrepreneurs strive to one day add “millionaire ,” or even “billionaire ,” to their list of achievements. It’s become an industry-wide sign s...
- + Trump, who slapped an extra $100,000 on the H-1B visa, now says there aren’t enough talented people in the U.S. to fill jobs—President Donald Trump has appeared to change his tune on the stringency on one of his immigration policies, speaking about the importance of H-1B vis...
- + Ford CEO says he has 5,000 open mechanic jobs with 6-figure salaries from the shortage of manually skilled workers: ‘We are in trouble in our country’—Ford’s CEO Jim Farley thinks America needs a wake-up call. Speaking on the Office Hours: Business Edition podcast, Farley said Ford had 5,0...
- + The shutdown ‘accomplished nothing and caused significant harm’ to many people, budget watchdog says, giving ‘new meaning to fiscal irresponsibility’—The Committee for a Responsible Federal Budget (CRFB) issued a scathing indictment on Wednesday following the reported end of America’s longest gove...
- + OpenAI says it plans to report stunning annual losses through 2028—and then turn wildly profitable just two years later—OpenAI is plotting a dramatic arc toward profitability through the end of the decade, but that growing won’t come without some pain. The company...
- + IEA heralds ‘the Age of Electricity’ while warning that oil may not peak in 2030 after all—The world is rapidly approaching a crucial turning point in its energy consumption, with global demand for key fossil fuels, particularly oil and coal...
- + Marriott abruptly cut ties with Sonder, leaving thousands of hotel guests stranded: It’s ‘inconceivable’ they would treat humans that way, guest says—Minjun and Kevin Ngo were in the middle of a two-week stay at a Sonder rental in New York City when they were notified by Marriott they’d need to evac...
- + Older generations bash Gen Z for ‘doom spending.’ But experts say there’s a good reason why people splurge when they’re young—Other generations may bash Gen Z for splurging on the latest Taylor Swift concert or a trip to Japan, but one financial behavioral expert says the...
- + Kim Kardashian’s Skims is now worth $5 billion after a massive $225 million funding round led by Goldman Sachs—Kim Kardashian may not have passed the bar , but her shapewear line, Skims, is certainly raising the bar—and eyebrows—in the apparel industry. The co...
- + How Cisco is leaning on recruiting and upskilling staff in the AI era—instead of mass layoffs—AI continues to ripple through the corporate world, with bosses eager to boost productivity and workers equally eager for tools that make their jobs e...
- + As Gen Z question the values of higher ed, CEO at this nearly $1 billion company says it’s ‘silly’ to think one degree will be enough education for life—As AI continues to reshape industries at lightning speed, it’s becoming more apparent to Gen Z that even a prestigious degree may not be the ul...
- + Your software should be space-grade — take it from an aerospace operations engineer—The internet started as a Department of Defense-funded military project in 1969. Today, it’s in the pockets of 100% of smartphone owners and accesse...
- + The new job for the airport CEO: It’s more challenging — and more uplifting — than ever—The Sunday after Thanksgiving is expected to be the busiest air travel day of the year in the United States. Crowds will swell, schedules will bend, a...
- + Creating resilient communities to avoid the next housing crisis—We’ve all seen the numbers. Growing dislocation between what consumers pay and expenses incurred by insurance carriers. Challenges accessing affordabl...
- + AI is reimagining work. CEOs must rethink how we prepare future workers—Years ago, in a conversation about the responsibilities of leadership, one of my mentors offered advice I’ve never forgotten: CEOs are central to crea...
- + Trump’s 50-year mortgage would save you about $119 a month while doubling the interest you pay over the long run, UBS estimates—A proposal floated by the Trump administration to create a 50-year mortgage product to improve housing affordability could offer significant immediate...
- + Chess federation files complaint against former champion after tragic death of 29-year-old opponent—Chess’s international governing body said Tuesday that it filed a complaint against former World Chess Champion Vladimir Kramnik aft...
- + Crypto startup Seismic raises $10 million to help fintechs protect customer data—As more and more fintech companies use crypto, they face one big challenge: blockchains are public. This creates a risk that customers’ sensitive fina...
- + MIT researcher gives advice on how to tame, harness AI ‘workslop’ —Good morning. If you’ve ever spent an afternoon untangling an AI-generated report that looked convincing but made no sense, you’ve encountered “...
- + The world isn’t ready for the electricity surge that’s coming, IEA warns, saying it’s ‘no longer limited to emerging and developing economies’—Electricity demand will rise much faster than overall energy growth in the coming decades, underscoring the need for diversified energy sources,...
- + Jack Schlossberg, JFK’s grandson and social media influencer, to run for Congress in key Manhattan district—John F. Kennedy’s grandson Jack Schlossberg is running for the U.S. House next year, announcing Tuesday that he’s seeking a key New York s...
- + Grocer who once sold Trump popcorn rips ‘inhumane’ shutdown: ‘You can’t take away from the most needy people in the country’—A little more than a year ago, Ryan Sprankle welcomed President Donald Trump to one of the three grocery stores his family owns near Pittsburgh. Trump...
- + Elias Torres’s Agency raises $20 million Series A to chase agentic AI for customer success—Agency is one of those wonderful, prismatic words with refracting meanings. It can refer to an agency that handles PR, books travel, or...
- + Elias Torres’s Agency raises $20 million Series A to chase agentic AI for customer success—Agency is one of those wonderful, prismatic words with refracting meanings. It can refer to an agency that handles PR, books travel, or...
- + Trump nails BBC on similar tape-editing claim that led to controversial ’60 Minutes’ settlement as news chief, director-general resign—In the space of a few months, one of the more straightforward journalistic tasks — editing tape for broadcast — has been behind a $16 million legal se...
- + Tax wonks see Trump blowing his tariff revenue bonanza on half-baked plan to give Americans a $2,000 ‘dividend’—President Donald Trump boasts that his tariffs protect American industries, lure factories to the United States, raise money for the federal governmen...
- + Meet the world’s youngest self-made billionaire, who skipped finals to make an empire out of teaching AI ‘what only humans know’—In the spring of 2023, while his classmates at Georgetown were cramming for finals, Brendan Foody was busy testing out his new theory of work. ...
- + How CEOs are navigating the global economy’s ‘frog-boiling’ conditions—In today’s CEO Daily: CEOs on navigating uncertainty. The big story: Air travel chaos. The markets: Mixed, with U.S. futu...
- + Sea shares dip by over 8% as profit comes in below analyst expectations—Sea shares plunged in Tuesday trading, despite Southeast Asia’s largest tech company reporting double-digit growth in all three of its business...
- + Is China about to win the AI race?—Hello and welcome to Eye on AI…In this edition: Is China about to win the AI race?… AI reasoning risks . .. Anthropic is on track to turn a profit y...
- + Exclusive: Coinbase and stablecoin startup BVNK call off $2 billion acquisition—One of the largest deals ever for a stablecoin startup has fallen through. Coinbase and the U.K.-based BVNK have called off acquisition talks, a spo...
- + Alexis Ohanian ignored Paul Graham’s warning that Reddit’s ‘terrible’ name would be ‘poison’. Now it’s a $38 billion business —Alexis Ohanian once rejected business advice from one of Silicon Valley’s most legendary investors–and it led to a multibillion-dollar success s...
- + Sinking Nvidia keeps Wall Street’s gains in check—Most of Wall Street is rising on Tuesday, but another return toward Earth for Nvidia is keeping the U.S. stock market in check. The S&P...
- + Chinese ‘cryptoqueen’ who allegedly scammed thousands jailed in UK over Bitcoin stash worth $6.6 billion—A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in China in a Ponz...
- + Trump’s FAA refuses to give timeline on when flights will be normal after shutdown ends—Airlines have canceled more 9,000 flights across the U.S. since the Federal Aviation Administration ordered flight cuts late last week, mo...
- + Shares of Winklevoss’s Gemini sag as crypto firm losses grow—Gemini, the crypto exchange cofounded by Tyler and Cameron Winklevoss, saw its share price slide significantly on Tuesday. That followed the company r...
- + The 50-year mortgage would cost you nearly $400k more than the standard, AP analysis says—The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. But the announcement...
- + 600 Paramount Skydance employees quit instead of returning to the office, and it cost the company $185 million, filings show—Hundreds of Paramount Skydance employees decided they’d rather find a new workplace than go back to the office five days a week. In September...
- + Lyft’s CEO got the top job after initially turning it down—Here’s the six-week process that made him chief executive—Many professionals would jump at the idea of helming a billion-dollar company—after all, the top job comes with power , prestige, and a sizable pay ...
- + Lyft CEO initially turned down the top job and called it a ‘ridiculous’ idea—a conversation with his wife on Valentine’s Day changed his mind—Many professionals would jump at the idea of helming a billion-dollar company—after all, the top job comes with power , prestige, and a sizable pay ...
- + Curious Gen Zers want to know what their peers are earning—so they’re sharing their salaries at work and won’t apply to jobs that don’t list wages—Gen X’ers may be a bit uncomfortable if you openly blurt out how much you’re making at the office—but it’s less of a taboo for Gen Z , accordin...
- + CEOs regain some confidence—but still keep a cautious hand on the wheel amid tariffs—Six months ago, CEOs of the world’s largest companies were preparing for turbulence. In an April survey by Fortune and Deloitte, 58% of global chief...
- + Flights won’t just ‘bounce back’ after the government shutdown ends, airlines association warns. Here are all of the airports that are delayed—The longest government shutdown in history is still raging on as Democrats and Republicans in Congress still have not officially approved a funding ...
- + Swing-state Democrats turn on 8 centrists not facing reelection over hijacked shutdown—The deal cut by some Senate Democrats to reopen government has refueled the party’s tussle over strategy and identity just days after swee...
- + Bitcoin traders are still rattled after $340 billion wipeout—Bitcoin is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto markets. ...
- + Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on OpenAI to the tune of $30 billion—SoftBank Group has liquidated its complete stake in Nvidia for $5.8 billion, the company announced during a presentation for investors early Tues...
- + “Get back to work, NOW!!!”: Trump pressures unpaid controllers as FAA grounds thousands of flights—Air travelers could face more frustration as busy U.S. airports need to meet a higher Federal Aviation Administration target for reducing ...
- + Exclusive: DeFi founder who graduated Harvard at 18 raises $68 million for crypto trading protocol Lighter—“Pivot from crypto to AI” became a refrain in Silicon Valley after ChatGPT launched in 2022. Opportunistic founders looked to jump from one flagging h...
- + Forget the ‘low-hire, low-fire’ jobs market: Covid-era talent hoarding is over, and 2026 layoff odds are tipping up, according to top economists—Without official Bureau of Labor Statistics data to calm their nerves, analysts are wondering just how fast the U.S. employment market may have deter...
- + Warren Buffett’s last shareholder letter offers 5 lessons for CEOs and warns that ‘envy and greed walk hand in hand’—In today’s CEO Daily: Diane Brady digs into Warren Buffett’s ‘farewell’ letter. The big story: SoftBank sells its Nvid...
- + Asian travel platform Klook is filing for a New York IPO—Klook, a Hong Kong- and Singapore-based travel booking company, is filing for an initial public offering in New York, showing that despite the events ...
- + Air Force veteran says cybersecurity is a natural career transition for civilian life—and it’s a field with more than 500,000 open jobs—Air Force veteran Frankie Sclafani considers himself lucky that his military experience translated directly to his civilian career as a cybersecurity ...
- + Warren Buffett admits his original philanthropic plans were not ‘feasible’—he’s instead left his three kids $500 million a year to give away—Warren Buffett —long known as one of the world’s most successful investors and committed philanthropists—is rethinking how his fortune will be spent. ...
- + Warren Buffett admits his Giving Pledge philanthropy was not ‘feasible’—he’s instead left his three kids $500 million a year to give away—Warren Buffett —long known as one of the world’s most successful investors and committed philanthropists—is rethinking how his fortune will be spent. ...
- + New York City business leaders are split on whether to relocate their firms to avoid Mayor-elect Zohran Mamdani’s policies—Democratic socialist Zohran Mamdani is New York City’s mayor-elect, set to assume office on Jan. 1, and some billionaires have floated relocating thei...
- + These current Fortune 500 CEOs have served in the armed forces, including a foreign military—Rising through the ranks and commanding troops require leadership skills that can transfer to the corporate world, which is also the scene of intense ...
- + CoreWeave’s earnings report highlights $56 billion in contracted revenue, but its guidance and share price tick down amid AI infrastructure bubble fears—CoreWeave needed a lot of things to go right on Monday as it released third-quarter financial results, and one of the most critical was showing that i...
- + Trump demands $10,000 bonuses for air traffic controllers who worked during shutdown and pay cuts for those who didn’t amid flight chaos—Air travelers should expect worsening cancellations and delays this week even if the government shutdown ends, as the Federal ...
- + Airport lounges are about to get even more exclusive as some credit card companies jack up annual fees by more than 40%—For every passenger trying to decide if a $17 slimy ham and cheese croissant and their phone’s 34% remaining battery will sustain them for a four-hour...
- + You don’t hate AI because of genuine dislike. No, there’s a $1 billion plot by the ‘Doomer Industrial Complex’ to brainwash you, Trump’s AI czar says—Artificial intelligence may be the most widely adopted technology in modern history, but it’s also one of the least trusted . That d...
- + Trump’s $2,000 tariff ‘dividends’ would cost twice as much as the revenue coming in, budget watchdog warns—President Trump’s recent proposal to pay Americans “at least $2,000 a person” from new tariff revenue—a policy he calls “tariff dividends”—is facing s...
- + Wendy’s plans hundreds of store closures to boost profits—Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit. The Dublin, Ohio-based chain said...
- + Supreme Court rejects call to overturn its decision legalizing same-sex marriage nationwide—The Supreme Court on Monday rejected a call to overturn its landmark decision that legalized same-sex marriage nationwide. The justices, w...
- + ‘Envy and greed walk hand in hand’: Warren Buffett casts side eye on Elon Musk-sized pay packages in final send-off—Berkshire Hathaway CEO Warren Buffett said he has seen a burgeoning trend of snowballing CEO pay as executives eyeball each other’s ever-growing comp...
- + AI stocks lead Wall Street rebound as Nvidia, Palantir surge and S&P 500 claws back last week’s losses—Big Tech and other superstars of the U.S. stock market are rallying on Monday, as Wall Street recovers most of its loss from last week . The...
- + The CEO who transformed Coach into a luxury powerhouse shares the grueling interview process he uses to vet candidates—Hiring the right talent can make or break a company—and many executives attribute their success to having the best-in-class inner circle . Lew Frank...
- + Meet the millennial Meta cofounder and ex-journalist wife giving away their $20 billion fortune—In the early 2000s, Dustin Moskovitz helped build Facebook alongside Mark Zuckerberg, transforming the startup into a global tech empire. Now, he an...
- + Elon Musk’s Boring Company fined nearly $500K after it dumped drilling fluids into Las Vegas manholes—then ‘feigned compliance’ and was caught doing it again—A county environmental regulator has fined Boring Company, Elon Musk’s tunneling venture, nearly $500,000 after the company dumped “drilling fluids” i...
- + Data-center operator CoreWeave is a stock-market darling. Bears see its finances as emblematic of an AI infrastructure bubble—A vast data center in Plano, Texas, is a symbol of the enormous AI infrastructure boom that has boosted stock markets and driven U.S. economic growth ...
- + A $400 million lawsuit against UBS is designed to punish banks who throw employees to the wolves—In August 2015, former UBS banker Tom Hayes sat in a London courtroom after being found guilty of eight counts of conspiracy to defraud, for his invol...
- + Civility can be your edge in this polarized time, when people have forgotten how to coexist—We live in an especially polarized time, one clouded by political violence , family estrangement and relationships started or ended ...
- + Risk and reward in the robotics space after a $7 billion leap forward in 2024—Six months ago, we were leaning into the robotics space, proactively sourcing opportunities — but still only seeing a few inbound pitches a month. Tod...
- + A case study to consider for AI adoption: GM versus Toyota in the 1980s—On October 20, 1984, The New York Times ran an article headlined, “GM Factory of the Future Will Run with Robots.” In it, Roger Smith, then GM’s CEO...
- + AI might beat IQ, not EQ — but never say never—Effective change management is the linchpin of enterprise-wide AI implementation, yet it’s often underestimated. I learned this first-hand in my early...
- + Private equity could transform your retirement, but only if it adapts to protect savers—With President Trump’s new executive order encouraging private market investments in defined contribution plans like 401(k)s, private equity sta...
- + AI isn’t a job killer, it’s a job shifter—Optimists believe AI will create more jobs for a bright future we can only dream of. Pessimists believe it will be a job killer at a scale that is unp...
- + The real problem gripping rural America and the jobs of the future—America’s AI future won’t be stopped by China, energy shortages, or a lack of investment. It will be stopped by a lack of workers. That reali...
- + An AI-enabled future is inspiring, but it takes planning and work—Artificial intelligence may end up being more impactful than the Industrial Revolution. The private sector already has invested vast sums into develop...
- + The cybersecurity law that’s quietly keeping America safe is about to expire—The clock is ticking toward September 30, 2025, when one of America’s most vital cybersecurity protections will expire unless Congress acts. The...
- + 3 ways staying with your company can compound your workplace benefits—We all have heard the key rule for saving and investing which is “the earlier, the better,” whether for a dream vacation or planning for retirement. A...
- + Your protein needs change as you get older. Here’s how much you should be eating at every age—Sometimes it can seem like protein is the most important piece in the nutrition puzzle, especially if you’ve spent any time on social media or have wi...
- + Here’s exactly how much protein you need based on your workout routine—For fitness enthusiasts, protein is important for muscle repair, recovery, and growth. But for many, eating high-protein has become such a focus of ...
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