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Eleanor Pringle

Eleanor Pringle

Fortune

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Even September may be too late for a rate cut to swing the U.S. economy out of a recession, warns former Fed president 

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk."

yesterday 10

Fortune

Eleanor Pringle

Sundar Pichai wants real world results for his AI bots—so Google gave bonuses and golden bomber jackets to staff who came up with winning prompts

"I think we are in this phase where we have to deeply work and make sure on these use cases, on these workflows, we are driving deeper progress and...

previous day 30

Fortune

Eleanor Pringle

Donald Trump told the Fed not to cut rates before the election—but Wall Street is convinced he won’t get his way

"The market is now pricing in more than two 25-basis-point rate cuts by year-end, including a near-100% chance of a September cut."

wednesday 30

Fortune

Eleanor Pringle

Finance guru Dave Ramsey believes spousal interviews should be part of the hiring process: ‘Discover if your candidate is married to crazy’

"As the spouse hears about your culture and the job role, they’re usually eager to share whether they think the position fits."

23.07.2024 40

Fortune

Eleanor Pringle

Bill Ackman warns political chaos around Biden’s withdrawal is an invitation for rivals to exploit U.S. weakness

The billionaire investor posted on X: "If I were China, I would invade Taiwan tomorrow."

22.07.2024 10

Fortune

Eleanor Pringle

Mark Zuckerberg’s metaverse adventure may finally be running out of cash

The Reality Labs division has reportedly been asked to axe 20% of its hardware spending.

19.07.2024 30

Fortune

Eleanor Pringle

Jamie Dimon says whoever is elected president can’t sit in denial and must realize ’we have a problem’ with national debt

"We shouldn't be forced to by the market—that would be the worst way to go."

18.07.2024 20

Fortune

Eleanor Pringle

Sam Altman’s infinity pool flooded his $27m mansion—now he’s suing for being sold a property ‘lemon’

The owner has already spend "hundreds of thousands" of dollars on repairs, with the latest issues expected to cost up to $4 million to rectify.

17.07.2024 10

Fortune

Eleanor Pringle

Larry Fink says America’s $35 trillion national debt will be a ‘big burden on the backs of our children’ unless the private sector is given room to grow

"This is unheard of, it's at an unsustainable level, yet we have the most dynamic, capitalistic system in the world."

16.07.2024 10

Fortune

Eleanor Pringle

Ivy League grads and top grades don’t guarantee you’re a great worker, says Jamie Dimon—which is why JPMorgan hires thousands of ex-felons

JPMorgan boss Jamie Dimon says: "If someone overcame unbelievable hardships in life, would you incorporate that when you hire them? I would."

15.07.2024 20

Fortune

Eleanor Pringle

Millennials and Gen X will inherit $83.5 trillion in the next two decades—but not before spouses of the wealthy obtain their $9 trillion

The report from UBS also had some good news for consumers. Not only is it easier to climb the wealth ladder than it is to fall back down it, but in...

12.07.2024 10

Fortune

Eleanor Pringle

‘Bond King’ Bill Gross says Tesla is the new meme stock with ‘sagging fundamentals’

Bill Gross said on X: "There seems to be a new meme stock every other day now. Most are pump and dump."

12.07.2024 9

Fortune

Eleanor Pringle

Markets have a ‘mild’ preference towards Trump despite his ‘unpredictability’, say Wharton’s Jeremy Siegel and Goldman Sachs

In 2024 the uncertainty index stands at circa 2 points, while in other years at has sat at around -1.2 index points at this point in the year. This...

02.07.2024 10

Fortune

Eleanor Pringle

YouTube star and philanthropist MrBeast says ‘ideally’ governments, not content creators, should build homes and cure blindness—but he won’t ‘stand by and do nothing’

"People get mad and say I shouldn’t be doing this and governments should. Yes, ideally a YouTuber isn’t the one fixing these issues but I’m not...

01.07.2024 30

Fortune

Eleanor Pringle

Partners, parents, co-founders: Eventbrite’s CEO took the top job after her husband and in the ‘dark room’ of COVID realized she’d ‘forgotten to have a moment of doubt’

"I remember laying on the ground of our home office just thinking ‘If I live through this I’m never going to waste time feeling a lack of...

29.06.2024 10

Fortune

Eleanor Pringle

Jamie Dimon is once again getting unwanted attention as a possible Democratic presidential nominee after Biden’s gaffe-filled debate performance

While many have thrown the JPMorgan CEO's metaphorical hat into the ring, Dimon has repeatedly denied his intentions for a presidential run.

28.06.2024 20

Fortune

Eleanor Pringle

Jamie Dimon says schools are making his job harder by not giving students the proper training to enter the working world

"It is part of our job [as CEOs and companies] to lift up society."

28.06.2024 20

Fortune

Eleanor Pringle

Even Americans making over $150,000 are cutting spending and worrying about making ends meet

When presented with seven points of concern by the Philly Fed, those earning $150,000 were more worried than anyone else on the earnings spectrum,...

27.06.2024 10

Fortune

Eleanor Pringle

Millennials have long been ripped for buying avocados instead of saving for a house—but boomers are actually the generation gobbling them up

The findings fly in the face of criticism often thrown at millennials who have been accused of splurging on avocados instead of saving for a house.

26.06.2024 10

Fortune

Eleanor Pringle

Netflix wants managers to ask themselves whether they would rehire their current employees—and fire them, if the answer is ‘no’

"We encourage everyone to speak to their managers about what’s going well and what’s not on a regular basis. This helps avoid surprises."

25.06.2024 20

Fortune

Eleanor Pringle

Intern at Ray Dalio’s Bridgewater Associates says she was rated on a ‘microscopic’ level by a dot system which resembled ‘Black Mirror’

"People really do care on a microscopic level and they're paying attention to you."

24.06.2024 20

Fortune

Eleanor Pringle

Gen Z’s most notable status symbols, and the motivations behind them

Erewhon smoothies, thrifted Coach bags and platinum American Express cards are Gen Z's status symbols—and they signify a lot more than bank balance.

23.06.2024 30

Fortune

Eleanor Pringle

8 out of 10 women change their name after marriage—they might not realize the impact it has on their careers, work relationships and job prospects

"I have many respected mentors who would not say a peep about their personal lives, ever, because it was always on their mind of how they would be...

22.06.2024 30

Fortune

Eleanor Pringle

Jamie Dimon believes U.S. public debt is the ‘most predictable crisis’ the economy faces—and yet in just 3 months America has added $2.1 trillion to its tab

Debt held by the public will rise from 99% of GDP this year to 122% by 2034—surpassing its previous high of 106% in 1946 at the end of the Second...

21.06.2024 10

Fortune

Eleanor Pringle

A Disney creative director is suing the company for forcing him to sell his childhood home in California and move to Florida—then move back west into a smaller house

The allegations against Disney include intentional misrepresentation, concealment, negligent misrepresentation and solicitation of employee by...

20.06.2024 7

Fortune

Eleanor Pringle

Kevin Costner admits it was ‘selfish’ to cast his son in upcoming movie ‘Horizon’—but insists the 15 year old isn’t a nepo baby

"I have not shoved my children into the business. I realize there's so many young actors out there that would just kill to be in this movie."

20.06.2024 10

Fortune

Eleanor Pringle

Rich Gen Zers and millennials are investing in jewelry, sneakers and fine wine instead of traditional assets, says Bank of America

And they feel better than anyone else about the state of the economy.

19.06.2024 10

Fortune

Eleanor Pringle

FOMO still ‘ruling the market’ says Wharton’s Jeremy Siegel, as investors hold out for an elusive rate cut to boost prospects

Jeremy Siegel, emeritus professor at the University of Pennsylvania, wrote tech innovations like Nvidia are continuing to "capture the imagination" of...

18.06.2024 10

Fortune

Eleanor Pringle

Nvidia CEO Jensen Huang says a gardener taught him one of the most ‘profound learnings’ of his life—it’s why he can be on top of every detail at the $3.2 trillion chip giant

Nvidia CEO Jensen Huang told Caltech students a conversation with a Japanese gardener changed his outlook on life.

17.06.2024 10

Fortune

Eleanor Pringle

Wells Fargo has fired a bunch of employees after finding out they were pretending to work

Around a dozen staffers were reportedly faking keyboard strokes to maintain an illusion of work, and have been let go by Wells Fargo as a result.

14.06.2024 20

Fortune

Eleanor Pringle

Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

As Oracle shares hit record highs after it reveals “largest contracts in our history.”

13.06.2024 10

Fortune

Eleanor Pringle

Bathroom breaks were banned by Archegos boss accused of fraud, who allegedly 'yelled' at staff for stepping away while key stocks were moving 

The trial of Sung Kook “Bill” Hwang, boss at Archegos Capital Management, heard former staffer William Tomita claim Hwang banned bathroom breaks...

12.06.2024 5

Fortune

Eleanor Pringle

Musk says he'll lock iPhones in an electromagnetic cage at his businesses after Apple announces OpenAI partnership

Elon Musk has criticized Tim Cook and Sam Altman for announcing their AI partnership.

11.06.2024 30

Fortune

Eleanor Pringle

Howard Schultz, former Starbucks CEO, says Steve Jobs ‘screamed in his face’ telling him to fire his entire leadership team—and he was right

"He looked and me and said: 'You go back to Seattle and you fire everyone on your leadership team.' I thought he was joking."

10.06.2024 30

Fortune

Eleanor Pringle

Docusign CEO says while it’s true Americans work harder than Europeans, maybe Americans aren’t happier

"There is a balance there between the needs of the company and what employees think is good for them."

08.06.2024 30

Fortune

Eleanor Pringle

Airbnb’s CEO pairs people up to combat workplace loneliness

"Giving people a shared journey to be on together I think is really important."

07.06.2024 10

Fortune

Eleanor Pringle

Jamie Dimon reportedly up for a knighthood in the U.K. as part of Rishi Sunak's honors nominations

Former Google CEO, billionaire Eric Schmidt, is also reportedly in the running for an honor.

06.06.2024 10

Fortune

Eleanor Pringle

Bill Gates says he was a 'misfit' as a kid who clashed with his parents and almost got kicked out of college

"I’ve been in the public eye since my early twenties, but much of my life before then isn’t well known."

05.06.2024 10

Fortune

Eleanor Pringle

Traders who scooped up Warren Buffett’s Berkshire Hathaway shares at a massive $620,000 discount during ‘glitch’ will have their deals canceled by the NYSE

In an update posted at 9 p.m. last night NYSE said it would "bust" all the "erroneous" trades of Berkshire Hathaway stock at or below $603,718.30 a...

04.06.2024 20

Fortune

Eleanor Pringle

Fed president says that Americans have such a ‘visceral’ hatred of inflation that they’d rather have a recession than rising prices

"I have learned that the American people—and maybe people in Europe equally—really hate high inflation. I mean, really viscerally hate high...

03.06.2024 50

Fortune

Eleanor Pringle

Nike's secret 'DNA' department hit by layoffs in $2 billion cost-cutting scheme

The DNA collection is not open to the public and is largely reserved for researchers and designers.

31.05.2024 10

Fortune

Eleanor Pringle

Bank of America CEO Brian Moynihan says both consumers and businesses are ‘slowing things down’—in fact, they’re acting like its 2016, a period of ‘very low growth’

"We gotta keep the consumer in the game in the U.S. economy because it's such a big part of it."

31.05.2024 40

Fortune

Eleanor Pringle

Jamie Dimon said bank branches weren't allowed to close without his permission because one rival boasted about taking on JPMorgan's old leases and stealing its consumers

"He was making fun of Chase."

30.05.2024 30

Fortune

Eleanor Pringle

Jamie Dimon is so over spectators questioning whether his possible move from CEO to chairman would be bad for JPMorgan: 'How the hell do they know? There's no magic to it'

"The board should do the right thing—if the chairman is getting in the way of the new CEO they should go. If the chairman is helping the new CEO in...

30.05.2024 30

Fortune

Eleanor Pringle

Jamie Dimon says government spending has been 'so extraordinary' in the past five years he's bracing for an economy of high inflation and unemployment

"I look at the amount of fiscal and monetary stimulus that has taken place over the last five years—it has been so extraordinary, how can you tell...

29.05.2024 30

Fortune

Eleanor Pringle

Another billionaire—a real estate mogul and astronaut—is planning a submarine dive to Titanic despite OceanGate implosion that killed 5 last year

Larry Connor wants to prove the journey to the Titanic wreckage can be done safely.

29.05.2024 20

Fortune

Eleanor Pringle

Bill Gates said he wished he learned this lesson from Warren Buffett sooner: The power of an 'intentionally light' calendar

"In hindsight, it’s a lesson I could have learned a lot sooner had I taken more peeks at Warren Buffett’s intentionally light calendar."

28.05.2024 40

Fortune

Eleanor Pringle

Florida housekeepers are cleaning up with salaries up to $150,000 thanks to an influx of millionaires

Housekeepers in rich pockets of Florida such as Palm Beach are now commanding salaries of up to $150,000 a year, recruiting agencies reveal.

24.05.2024 30

Fortune

Eleanor Pringle

Elon Musk predicts jobs will become ‘kinda like a hobby’

"In a benign scenario probably none of us will have a job."

24.05.2024 40

Fortune

Eleanor Pringle

More than two-thirds of bosses are 'accidental managers’. And their requests for proper training are being ignored

Almost half of those who have asked for support multiple times said they felt "overwhelmed" and "under equipped" for their role.

23.05.2024 50

Fortune

Eleanor Pringle

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