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The Latest Breaking News from Fortune

The frozen U.S. housing market is finally starting to thaw as mortgage rates drop below 7% and more homes change hands

Declining mortgage rates are “breathing new life” into housing market, Redfin says.

Fortune

Everything we learned at Brainstorm AI this year

When Fortune hosted the event last year, ChatGPT had just been released. This year, as the seminal generative AI tool celebrates its one-year anniversary, attendees had loads of real-world experience to report and dig into.

Fortune

GM to 'rip off the Band Aid and significantly cut costs' by laying off 1,300 workers amid its transition to EVs

The layoffs will affect workers at two plants in Michigan as GM winds down production of its Chevrolet Bolt and Camaro models.

Fortune

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An army of 100 million bots and deepfakes—buckle up for AI's crash landing in the 2024 election

With generative AI tools it's easier than ever to spread misinformation. And with a presidential election around the corner, a growing number of people are sounding the alarm.

Fortune

250 years after the Boston Tea Party, America still struggles to navigate its complex relationship with tax

There are more than 13,000 taxing jurisdictions in the U.S.–and over 900 tax types that a tea merchant can encounter selling domestically and abroad.

Fortune

Google's VP for Bard wants the chatbot to book her kids' summer camps

Google VP Sissie Hsiao oversees Google Assistant and Bard, the tech giant's ChatGPT competitor.

Fortune

IPO candidate Shein under fire by Temu—again—over alleged bullying, intimidating suppliers in new lawsuit

The lawsuit is the latest barrier to the fast fashion retailer as it seeks a public listing in the U.S.

Fortune

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3 AI trends that will shape your workforce in 2024

The stage has been set for a full workplace revolution in the years to come, according to CompTIA.

Fortune

COVID-19 v. Flu: A ‘much more serious threat,’ new study into long-term risks concludes

‘We trivialize COVID infections at our peril,’ says the author of the study.

Fortune

AI is OK with boomers—natural language capabilities are helping the newest technology find an eager audience with older users

Remember when kids were the early adopters of the latest tech gadgets? With generative AI, that's starting to change.

Fortune

Carly Fiorina: 'America's 250th needs American business'

As the U.S. semiquincentennial draws nearer, workplaces should encourage year-round civic dialogue and engagement to observe the anniversary.

Fortune

How Apple finally cracked the India market—at exactly the right time

Apple’s growing ties to India—its first retail stores and more manufacturing—are a bright spot for the tech giant as global smartphone sales slip and its revenue tumbles.

Fortune

AI is in the early stages of upending the drug discovery and development process, but there will still need to be a ‘lab in the loop’

AI is changing the way drugs are designed and developed. And according to industry experts at Fortune's Brainstorm AI conference, this has the potential to reduce research and development cycles of life-saving drugs.

Fortune

America’s institutional investors haven’t been paying attention to U.S.-China competition, researchers warn

The largest U.S. public pensions and university endowments have been investing billions in China's innovation ecosystem.

Fortune

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Fortune

Vinod Khosla sees risk ahead but it’s not AI he's most worried about

Khosla agrees that the Biden Administration made the right move in cutting off advanced chips to China.

Fortune

Why retailers are betting that natural language search and generative AI is the future of shopping

AI can serve as the connective tissue between brick-and-mortar retail stores and online shopping experiences, according to speakers at at retail panel during Fortune Brainstorm AI conference.

Fortune

Homeowners, get ready to date the rate. Refinancing is making its comeback as mortgage rates drop to 7%

Refinancing index increased 19% week over week, says the Mortgage Bankers Association.

Fortune

Boeing is reversing its hybrid policy and requiring thousands of workers to return to the office full-time

No deadline has been set for the move.

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Fortune

Sam Altman’s OpenAI agrees to pay German media giant Axel Springer for using its content to train AI models

The deal comes after months of pressure from media publications over fair compensation from AI developers.

Fortune

The FTC should embrace proactive problem-solving

The legal precedent would strongly discourage companies from trying to solve perceived problems with proposed transactions.

Fortune

Evofem, the startup trying to survive the broken birth-control market, finally sells itself

Aditxt is buying the buzzy but controversial maker of Phexxi, in a deal valued at $100 million.

Fortune

The CEO behind Zales knows when you're going to get engaged

Under CEO Gina Drosos, Signet Jewelers has identified 45 milestones that make a couple more likely to get engaged.

Fortune

China’s carmakers need to design electric cars twice as fast as established companies if they want to survive the country's cutthroat EV market

Established car companies may take five years to develop a new model. Chinese EV companies need to do that in half the time.

Fortune

The U.S.-led digital trade world order is under attack–by the U.S.

America can regulate Big Tech without disrupting the cross-border data flows that underpin our economy and society.

Fortune

British Goldman Sachs top commodities trader is retiring after making $100 million in 3 years—topping what CEO David Solomon pulled in

Ed Emerson joined the Goldman Sachs in 1999 as an analyst, and now oversees global commodities at the investment bank.

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