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Eva RoytburgFortune |
The company noted the credit, on average, “covers multiple days of service.”
The industrial heartland faces a grim arithmetic: Billions in new investment are pouring in, but the workers are being left behind.
“The reason markets didn’t react more is because we already wrecked the independence of the Fed,” said Tyler Cowen, economist and blogger...
Powell said the investigation rests on “pretexts,” arguing it's retaliation for the Fed’s refusal to follow the Trump's preferences on interest rates.
The White House claims "there was an inadvertent public disclosure" but it says the media shouldn't be "grasping at straws to foment another fake...
“It’s fair to call this a hiring recession or a jobless boom,” said economist Heather Long.
“He’s taking an extreme left-wing position which looks like state capitalism,” said Jeffrey Sonnenfeld, a longtime corporate governance scholar...
Deportations shrank this timeline by a decade, putting unprecedented pressure on Social Security.
“We’re growing, but we can’t generate jobs,” KPMG chief economist Diane Swonk told Fortune. “Never seen anything like it.”
Top economists fear the era of fiscal dominance is here, and we’ve abandoned the debt problem already.
Alex Davis says third-party data-center developers will eventually be jilted by the hyperscalers they serve, and face a subsequent debt crisis.
Gen Zer Adavia Davis dropped out of college after buying a Tesla Model 3 with Youtube money. His AI-generated videos now earn $60k a month
"I've never seen anything like it," KPMG's chief economist Diane Swonk told Fortune.
"We as a country have done a poor job equipping our children for life," Arkeem Sturgis tells Fortune. Some people "want to work with their hands."
“If we believed that photograph contained a survivor, we wouldn’t have put it up in the first place without redacting the faces,” Deputy...
Teenagers, Alexandr Wang argues, have a built-in edge.
The culprit, several economists say, is the extended government shutdown.
“If they are friends, I’d hate to see my enemies!” Trump, reportedly close friends with Larry Ellison, father of Paramount owner David, is...
The November jobs report showed unemployment rose to a four-year-high.
Payroll growth for November came in at a modest 64,000. “There’s just no forward motion,” Moody’s chief economist told Fortune.
“It’s like the Gilded Age, part two,” Kerwin Olson, a leader of an anti-data center activist group, said. “Only bigger.”
One of the world's foremost economists, Lant Pritchett, has a plan.
“The world of bits moves fast. The world of atoms doesn’t. And data centers are where those two worlds collide.”
“Google has YouTube. OpenAI now has the Magic Kingdom,” copyright expert Matthew Sag said.
Jerome Powell’s Federal Reserve will likely deliver its final cut of the year on Wednesday. But Claudia Sahm is already looking ahead.
The Fed chair said underlying job growth could already be below zero, with official payroll figures overstating reality by tens of thousands each...
It all comes down to the reason behind the weakness in unemployment and Powell’s diagnosis of the “low-hire, low-fire” economy of 2025.
The Fed is clearly deeply divided. Three officials dissented, two in opposite directions.
Karp argues extreme confidence—checked by a “painfully flat” internal culture—is the only way to resist the “bailout culture” of modern...
The latest JOLTS report shows hiring stuck at 3.2% and quits falling again as the Fed prepares to cut rates.
Trump’s son-in-law is emerging as a central conduit for Gulf money moving into American media, and they’re backing the Ellisons and Paramount.
Zuckerberg once framed Metaverse as the “successor to the mobile internet."
“It’s hard not to love this country," Huang said. "It’s hard not to be romantic about this country.”
Karp argues extreme confidence—checked by a “painfully flat” internal culture—is the only way to resist the "bailout culture" of modern...
Mark Zuckerberg’s soup is handcooked. OpenAI’s soup comes from a high-end Korean restaurant. It’s soup for the AI soul.
“If you’d asked me a year ago, I would have said I think Kevin would be a good pick. I wouldn’t say that today. Kevin has been incredibly dishonest.”
“People generally burn out, not just from working hard, but from working hard on something that they don't feel as fulfilling and compounding,” he...
William Chen and Guan Wang believe they will be the first ones to build artificial general intelligence.
The latest "Beige Book" describes a widening gap between America’s social classes, with “early signs of strain on middle-income consumers.”
Meditation is what gives Dalio his famous bird’s-eye view, he said.
“We’re delighted by Google’s success,” Nvidia said, perhaps passive aggressively.
“The now common view,” according to the NYU Stern School of Business professor emeritus, “is incorrect over the medium term.”
“The market did not appreciate our incredible quarter,” Huang said.
The market is already 80% of the way to a full bubble, he said.
The hottest far right influencer right now isn't Nick Fuentes — it's Hitler. And his videos are appearing next to JPMorgan and US Army ads
Trump called the murdered Jamal Khashoggi "somebody that was extremely controversial" and said the reporter was a "terrible person" embarrassing his...
After decades of inaction, the U.S. is racing to reclaim its rare-earths supply chain from China’s grip before the next trade war begins.
Your next relationship might start with: “May I meet you?”
Treasury Secretary Scott Bessent has seemed unsure about the idea: "we will see.”
Across messages with lawyers, acquaintances, reporters, academics, and political figures, Epstein invoked Trump constantly.
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