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The Latest Breaking News from Fortune

More than half of U.S. homes have dropped in value over the last year — and nearly all houses in these cities have seen losses

"Home values surged over the past six years, and the vast majority of homeowners still have significant equity. What we’re seeing now is a normalization, not a crash.”

Fortune

The Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say. ‘Then things would get really messy’

Capital Economics sketched out a potential scenario where six Fed policymakers vote to keep rates steady while six vote to cut them again.

Fortune

Hedge fund billionaire Bill Ackman is reportedly readying Pershing Square and a new fund to go public as soon as early next year

Ackman plans to orchestrate a double public offering as soon as early next year, the Wall Street Journal reported.

Fortune

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Wall Street eyes a possible culprit in this week’s head-spinning stock market reversal: Bitcoin

“It’s possible that the rout in Bitcoin is forcing some investors to sell stocks that they own.”

Fortune

The exit economy is here. Black Women are paying the highest price

This isn’t a blip. It’s a structural crisis. And it's not a recovery, it's a redistribution of opportunity.

Fortune

Shark Tank star Robert Herjavec says the best Gen Z career advice comes from Mark Cuban—it's that nobody cares if you're 'passionate'

Gen Z should stop chasing passion. Obsession is what actually gets results—according to advice from Mark Cuban.

Fortune

The analyst who once predicted the ‘end of capitalism’ sees Zohran Mamdani’s election as a ‘day of reckoning coming in’—and corporates only have themselves to blame

Albert Edwards says Zohran Mamdani’s policies are “lunacy,” but big companies “laid the seeds for their own destruction.”

Fortune

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Your Christmas tree may be pricier this year—but there are ways to get a deal

This year, natural trees might be a better bet.

Fortune

Nvidia CEO says the company is in a no-win situation amid AI-bubble chatter, leaked meeting reveals

“The market did not appreciate our incredible quarter,” Huang said.

Fortune

'We want to trust what we’ve heard': Farmers remain unsettled on trade, even after China’s biggest U.S. soybean purchase in two years

China’s U.S. soybean haul has exceeded 1 million metric tons this month. Trump wants China to buy 12 million tons by the end of the year.

Fortune

Transportation chief offers advice to increasingly angry Americans: ‘Let’s maybe go back to an era where we didn’t wear our pajamas to the airport?’

“Sometimes you just have to ask people: ‘Hey, let’s maybe go back to an era where we didn’t wear our pajamas to the airport?’”

Fortune

The Land O'Lakes exec bringing AI to the heart of American farming

Land O’Lakes’ Leah Anderson is bringing automation and algorithms to agriculture.

Fortune

Lovable’s CEO says the company is targeting enterprise customers as its ARR doubles to $200 million in just four months

Lovable is building more robust product features to appeal to the needs of business customers.

Fortune

Just 776 FAA employees will get Trump’s $10,000 bonus, but the union says thousands who worked during the shutdown were left out

The payments will be received no later than Dec. 9, the Federal Aviation Administration said.

Fortune

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Fortune

How to know if you’re an A, B, or C player, according to an elite recruiter who’s interviewed over 50,000 executives

Contrary to conventional wisdom, Deepali Vyas does not believe C-players are the problem at most organizations, even though they are typically considered the “bottom” performers.

Fortune

Why Nvidia stock is being punished after a blockbuster earnings report

Nvidia investors sold upon hearing good news, while everyone else is buying into a Fed rate-cut scenario.

Fortune

Warren Buffett’s exit is ‘leadership at its most selfless,’ McKinsey CEO whisperer says. It’s a powerful lesson in Fortune 500 succession

Carolyn Dewar told Fortune that CEO succession is so difficult that Intuit’s Brad Smith invited Steve Young in to talk about succeeding Joe Montana.

Fortune

Google cofounder Larry Page overtakes Jeff Bezos as the third richest person in the world following an Alphabet stock surge

Page’s net worth skyrocketed up to $252 billion this Wednesday following a stock surge and analyst buzz that Gemini 3 is their “favorite” model on the AI market.

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Fortune

Jeff Bezos' most expensive investment is a $500 million custom superyacht that's the largest in the world

The Amazon founder even paid an extra $75 million for another yacht to support his superyacht.

Fortune

Nvidia CEO says AI will actually make everyone a lot busier: 'Everybody's jobs will be different'

“I would say that there's every evidence that we will be more productive and yet still be busier because we have so many ideas,” Jensen Huang said.

Fortune

How Principal Financial’s new CEO brought AI religion to the C-suite, and then worked to upskill 20,000 employees

Principal Financial CEO Deanna Strable has made AI literacy a key focus across all levels of the company.

Fortune

The stock market’s ‘fear gauge’ spiked to its highest level since Trump’s ‘Liberation Day’ tariffs caused a global selloff

Tech valuations, interest rates, and geopolitical risks are creating a “perfect storm” of uncertainty.

Fortune

Gen Z isn’t lazy. They’re the most intentional job seekers yet

The data tells a different story about Gen Z: they're deliberate, analytical, and treat job selection as they should – a high-stakes investment.

Fortune

Inside the luxury all-inclusive resorts giving wealthy travelers an escape from decision fatigue

Who wants to look at a bill when on vacation?

Fortune

Intuit CFO talks $100 million OpenAI deal, innovation, and the road ahead

The company aims to bring personalized financial advice directly into ChatGPT.

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