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The Latest Breaking News from Fortune

Fed Chair Jerome Powell can’t keep ignoring the climate elephant—or its impact on inflation—at Jackson Hole

A growing chorus of central bankers and academics believe climate change does impact price stability—and this impact should be built into modeling.

Fortune · Aug 22, 2024

Private equity is finally coming for the NFL: Here's who's making a play for a piece of the action

Many PE firms don’t have much experience investing in sports teams. They do have the money the NFL wants and needs.

Fortune · Aug 22, 2024

The rise and fall of America's AI mayoral candidate—and OpenAI's mad dash to shut it down

A conversation with Victor Miller, who intended to let a GPT-4 bot govern Wyoming’s largest city—and with the state secretary dead-set on blocking his path.

Fortune · Aug 22, 2024

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Former United Airlines CEO: Activist investors are wrong about Southwest. Running an airline requires more than just financial acumen

'Replacing executives at this critical juncture could disrupt the momentum and stability that Southwest needs to implement changes,' writes Oscar Munoz.

Fortune · Aug 22, 2024

U.S. investors are dominating Europe's AI scene—and learning to live with the old continent’s regulators

The trade-off between European regulatory primacy and the influence of U.S. capital may not be as unevenly weighted as it seems.

Fortune · Aug 22, 2024

PayPal partners with crypto platform Anchorage Digital to offer stablecoin rewards—despite murky legal rules

As the crypto industry fights for clarity on stablecoin oversight, Anchorage insists that its novel program operates outside the jurisdiction of the SEC.

Fortune · Aug 22, 2024

Arch wants to rebuild trust in crypto lending with $5 million in funding and a $70 million debt facility backed by Galaxy

After the collapse of crypto lending firms like BlockFi and Genesis, Arch is trying to revive the sector.

Fortune · Aug 22, 2024

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Why Peggy Johnson went from Magic Leap to a humanoid robot startup

The former Microsoft exec was attracted to a hardware business that had found product-market fit.

Fortune · Aug 22, 2024

Elon Musk was just forced to reveal who really owns X. Here’s the list.

Organizations linked to Bill Ackman, Larry Ellison, and Sean Combs (a.k.a. Diddy) were mentioned in the filing.

Fortune · Aug 22, 2024

Chinese oilfield was actually a chicken farm, German Shell whistleblower says

Dozens of carbon reduction schemes in China are alleged to be fake, leaving Germany with a potential $5 billion fraud case.

Fortune · Aug 22, 2024

What’s going on with Nvidia CEO Jensen Huang’s daily selling of massive chunks of stock?

“Stop giving him stock. He’s clearly got too much, and that’s why he’s getting rid of it.”

Fortune · Aug 22, 2024

Why new parents are whining about a $1,700 smart bassinet

Happiest Baby introduced a new subscription model for its polarizing smart bassinet.

Fortune · Aug 22, 2024

Interest rate cuts are now all but guaranteed after dovish Fed meeting, experts say

“The Fed minutes removed all doubt about a September rate cut,” said Jamie Cox, managing partner at Harris Financial Group.

Fortune · Aug 21, 2024

This small mistake is what causes most divorces, reveals celebrity therapist

Orna Guralnik wants more couples to ask this question.

Fortune · Aug 21, 2024

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Fortune · Aug 21, 2024

America is short by 800,000 jobs—but most investors aren't worried

Yardeni Research’s Eric Wallerstein said the revision is “kind of a nothing burger.”

Fortune · Aug 21, 2024

EXCLUSIVE: Chicago Fed president warns falling inflation and high interest rates could make things worse

In a Fortune exclusive, Chicago Fed president Austan Goolsbee discusses working with Jerome Powell, base rate cuts, and Fed independence.

Fortune · Aug 21, 2024

Sleep anxiety is exhausting. Here's how to stop worrying and fall asleep

Whether you can’t sleep because you’re anxious, or you’re anxious because you can't fall asleep, here’s how to handle it.

Fortune · Aug 21, 2024

Will Sara Blakely's sneaker-heels Sneex catch on like Spanx?

Two decades after founding Spanx, Sara Blakely is trying again with Sneex, a line of sneaker-heels.

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news in one place.

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Fortune · Aug 21, 2024

Why Meter’s Varanasi brothers have to think beyond internet infrastructure to excel

Fortune has the exclusive on Meter’s new product, Command, and we utilized it as a chance to get the company’s brother cofounding team in a rare on-the-record interview.

Fortune · Aug 21, 2024

Public confidence in U.S. institutions has never been lower. It’s time to make America trust again

In 1972, a survey found that news anchor Walter Cronkite was the “most trusted man in America.” Today, such trusted voices are rare.

Fortune · Aug 21, 2024

Meter cofounders Sunil and Anil Varanasi are brothers, partners, and competitors—who play on the same team

The sibling entrepreneurs are backed by Silicon Valley A-listers including Sequoia, Sam Altman, Reid Hoffman, John and Patrick Collison, and Lachy Groom. Their new product lets anyone troubleshoot complex Wi-Fi issues by essentially asking their computer: What’s up? Fortune can exclusively report that Meter is unveiling a product called Command,…

Fortune · Aug 21, 2024

A Goldman Sachs and BlackRock vet is now CEO of crypto giant Grayscale. Is he up to the job?

After winning a legal battle against the SEC for Bitcoin ETFs, the asset manager Grayscale is facing an exodus of investor capital.

Fortune · Aug 20, 2024

4 ways women can make the most of their ‘longevity bonus’

Women are living longer, and this entrepreneur is in the business of helping them extend their health span.

Fortune · Aug 20, 2024

Who is Jonathan Bloomer, Morgan Stanley’s chairman who is presumed dead in the Bayesian yacht disaster?

Prior to joining Morgan Stanley, Bloomer was the ousted CEO of Prudential Financial insurance group.

Fortune · Aug 20, 2024

Elon Musk’s Twitter deal may be the worst leveraged buyout deal for banks since Lehman, raising risks to Tesla

Banks had hoped to package and sell Musk’s LBO debt to investors. Instead, it has sat on their balance sheet, tying up capital, for almost two years.

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