One evening in late 2024, Denis Shilov was watching a crime thriller when he had an…
Category: Finance News
Microsoft’s Chief Scientific Officer weighs in on the dangers of A.I. and the open letter for a 6-month pause
Eric Horvitz, Microsoft’s first chief scientific officer and one of the leading voices within the rapidly…
Venture capitalist Joe Lonsdale pitched a citywide tunnel system project built by Elon Musk’s Boring Company to the Austin Mayor
Less than a year after Palantir cofounder Joe Lonsdale’s move to Austin during the pandemic, the…
Peter Thiel explains why he won’t fund 2024 presidential candidates
Peter Thiel, the renowned tech investor and Republican megadonor, is opening up about his decision to…
More women come forward with claims of mistreatment at unicorn startup Carta
Alexandra Rogers remembers the evening vividly. She was standing in a small hallway, waiting for the…
After taking $100 deposits, Trump Mobile changes its terms to say the Trump phone may never be made
A year after followers of President Donald Trump put down $100 deposits for a Trump-branded gold…
Navy plans to buy 15 costly Trump-class battleships by 2055
The US Navy said it plans to buy at least 15 new battleships endorsed by President…
Legendary VC Bill Gurley opens up about stepping back from Benchmark and his next act
When Bill Gurley enters a room, people notice. It’s hard not to: He is a towering…
How the Montage uses a ping pong tournament to cut employee turnover
Last month, nearly 300 Montage International employees packed into the ballroom of the company’s Deer Valley,…
Trump’s budget cuts are hitting Native American businesses and the rural communities they support
Near Thackerville, Oklahoma, a town on the Texas border with fewer than 500 residents, what started…
Federal Reserve researchers find tariffs fully pass on to consumers and inflation
The debate about who actually pays for tariffs has simmered in boardrooms and at kitchen tables…
Congratulations! If you named your kid Olivia or Liam, you’re officially basic
Olivia and Liam for a seventh year in a row topped the list of names for babies born…
Jensen Huang tells electricians and plumbers ‘this is your time’ as AI drives demand for trades
In the artificial intelligence age, industry leaders say the most in-demand and potentially lucrative professions might…
America’s job-market optimism gap between young and old is now the widest in the world
For years, younger Americans have been more optimistic about the job market than older Americans, even…
The American housing market is broken—and 3 years in, it’s starting to look permanent
Sales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing market…
America’s true innovation advantage: we don’t just invent technologies — we reinvent how innovation works
From Bell’s telephone to venture capital to AI startups, the U.S. has never won by inventing…
CBO: US Treasury has paid $3 billion a day to service $39 trillion debt in 2026
The U.S. Treasury has paid $628 billion in net interest this year to service its borrowing,…
‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver…
Exclusive: Index Ventures backs Frame’s $50 million bet that employees are cybersecurity’s weakness
A few weeks ago, a colleague of mine received a text from our editor, or so…
Forget the Rust Belt or the Sun Belt. The ‘Wired Belt’ may be the next frontier of political power
The laid-off factory worker from Youngstown, Ohio, became the defining figure of American politics for the…