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The Latest Breaking News from Fortune

Mortgage rates just hit a 22-year high—it'll continue to be a ‘drag on home sales,’ Realtor.com chief economist says

"Longer-term, higher mortgage rates are likely to be a drag on home sales as costs put buying out of reach, causing many households to delay plans to move."

Fortune

Men can't stop thinking about the Roman Empire. It's because of the masculinity polycrisis

In an age of compounding crises, competence commands a premium—but what we're getting instead is misogyny, anger, and poor mental health.

Fortune

Viagogo boss defends Taylor Swift and Beyoncé tickets reselling for thousands

Tickets to Taylor Swift's Eras Tour have been spotted for more than $35,000 on resale sites.

Fortune

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Sam Bankman-Fried’s day in court is nearly here. Who are the key players in the blockbuster trial of the former CEO of FTX?

From Bankman-Fried to his parents, Joseph Bankman and Barbara Fried, to U.S. Attorney Damian Williams, meet the cast of the crypto news event of the decade.

Fortune

The women-led companies on Fortune's Change the World list

Bobbie, Syndio, and Too Good to Go are some of the companies on this year's Change the World list.

Fortune

The head of Ukraine's investment promotion office says investing has skyrocketed since the start of the war

The war has ignited a sense of urgency from global power players to infuse fresh capital into the Ukrainian economy, or make reinvestments.

Fortune

Why eBay is betting on the luxury market for a rebound

EBay is doubling down on luxury goods as retail competitors enter the resale marketplace.

Fortune

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The S&P 500 suffered a rough September. And the worst is still to come

A Fortune analysis finds the S&P is heading below 3,000.

Fortune

Prosecutors have damning evidence of Sam Bankman-Fried’s fraud: Why isn’t he pleading guilty?

A white-collar defense attorney described the upcoming FTX trial as a “once in a decade” fraud case.

Fortune

We love bosses who brag about their accomplishments at work–and loathe colleagues who do the same, surprising new research by INSEAD shows

In nine experiments involving some 2,600 participants in the U.S., U.K., and Singapore, participants responded positively to bragging bosses.

Fortune

Top Twitch streamers call on company to fix a hack that lets users rack up fake views and defraud advertisers

By embedding their Twitch streams on third-party websites, some Twitch stars are allegedly padding streams with fake viewers, bolstering their rankings and clout.

Fortune

Federal childcare funding is about to expire–and it could be terrible for the U.S. economy

The loss in taxes and revenue from closed programs could cost states $10.6 billion in economic activity–and cost families $9 billion in lost earnings.

Fortune

Clickbait websites could be siphoning $17 billion a year away from quality journalism–and brands don’t even know they’re paying for ads there

A study found that 14% of programmatic ad dollars are flowing to made-for-advertising websites–and not one participant knew about it.

Fortune

Workers have a $1.4 trillion message for the Fortune 500: We'll return to office if you pay for everything

Working from home is cheaper than commuting. To lure workers off their couches, bosses will need to pony up for the difference.

Fortune

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Fortune

Exclusive: Alexis Ohanian invests in coaching platform used by NBA and Angel City players

The Grand is a coaching platform founded in 2019.

Fortune

Costco sees a gold rush as its new gold bars disappear within hours of being stocked. ‘A true you snooze, you lose’

The retail giant is selling one-ounce gold bars—but would-be buyers need to act fast.

Fortune

Understanding the ethical and business imperatives of generative AI

Larger societal challenges are emerging as employers continue to increasingly incorporate AI in the workplace.

Fortune

Many Gen Zers have a full-time job and a side hustle, partly because they're wary of getting burned by their employers: ‘They've seen it happen to their parents, to millennials’

Gen Z sees side hustles as just a smart way to diversify their income streams and plan for a financial future.

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Fortune

Blockbuster report of OpenAI’s talks with iPhone designer Jony Ive about an AI hardware device suggests he ‘wants a front-row seat’ for the AI revolution, top analyst says

Although details on the product are scant, “Jony Ive is one of the genius minds of this generation,” says Wedbush Securities’ Dan Ives.

Fortune

Binance sells Russian operation to crypto exchange that officially launched hours prior to announced deal

CommEX, which hasn't publicly disclosed information about its CEO or where it's registered, agreed to purchase Binance’s Russian entity.

Fortune

Kevin Hart takes on $15 billion tequila market in new business venture

Comedian Kevin Hart joins a growing list of celebrities launching tequila brands.

Fortune

The U.S. economy has always shrugged off government shutdowns–but that might stop being the case if they become the new normal

Past government shutdowns barely made a dent in the U.S. economy–but real risk arises if hardball negotiating tactics become routine in Congress.

Fortune

Would Stringer Bell have used Bitcoin? Idris Elba on his iconic character and crypto

As "The Wire" star Idris Elba ventures into crypto, he answers a burning question.

Fortune

Alphabet's GV invests in menopause startup Midi Health

Midi views menopause as a space for a care company, not a products business.

Fortune

How Detroit and JPMorgan Chase teamed up to tackle the city's economic woes

Detroit's unemployment, housing, and economy are trending in the right direction, and JPMorgan Chase has been a big part of the turnaround.

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