|
![]() |
![]() Eleanor PringleFortune |
Jamie Dimon says the next JPMorgan CEO must be a “coach” and motivator, not just the smartest in the room, as succession planning heats up.
With U.S. jobless claims surging and labor data revised sharply lower, markets see Powell locked into a September Fed rate cut despite sticky...
Job weakness and softer inflation data push markets to fully price a September Fed cut, but Powell’s decision could spark volatility if he resists.
“Hopefully things will be okay, but you do see that kind of weakening,” he said.
Conference Board data signals potential U.S. jobs turning point, as economistMitchell Barnes highlights rising job seeker struggles and weakening...
Jerome Powell’s Fed faces labor market weakness as Wall Street bets on rate cuts, with Jeremy Siegel and Goldman Sachs backing easing ahead.
Ken Griffin warns Trump’s pressure on Jerome Powell and the Federal Reserve risks eroding U.S. institutional credibility.
The Federal Reserve faces rising labor market weakness as BLS revisions, JOLTS downturn, and AI job displacement fuel calls for FOMC rate cuts—but...
Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537 amid investor...
AI job losses may be starting to show up in U.S. data, with a St. Louis Fed study linking rising unemployment to industries adopting generative AI.
"I think that what is happening now politically and socially is analogous to what happened around the world in the 1930-40 period," he said.
Ex-OpenAI researcher Miki Habryn left her dream job and U.S. home under Trump, joining a wave of Americans moving abroad amid political fears.
Trump pushes Judge Jia Cobb to recuse from his battle with Fed Governor Lisa Cook, escalating tensions over the central bank’s independence.
Trump’s bid to oust Fed Governor Lisa Cook faces a legal showdown as she sues to block her removal, escalating the fight over Fed independence.
"In market downturns, we’ll see a significant number of new investors facing losses—directly visible to them in real-time. New investors, or even...
HSBC's Willem Sels tells Fortune in an exclusive interview that while U.S. markets remain resilient, geopolitical uncertainty is pushing investors to...
While UBS’s Paul Donovan told clients the attempt was “completely unprecedented,” Wharton’s Jeremy Siegel argued her ousting adds “noise but...
While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest payments on the...
Powell’s Jackson Hole speech looms as markets temper Fed rate-cut bets, with hot PPI data, labor market weakness, and tariff risks clouding outlook.
Markets bet on a September Fed rate cut at Jackson Hole, but sticky inflation, Trump tariffs, and Powell’s framework review could derail expectations.
In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow debt growth,...
Niccol said Starbucks was founded on customer experience, and wants to return the brand to a position of excellence.
While Rieder's dovish stance aligns with President Trump’s, the BlackRock exec's acknowledgment of tariff-driven inflation may test his appeal to...
White House deputy press secretary Kush Desai told Fortune the debt-to-GDP ratio has fallen under Trump and will keep improving with pro-growth...
Treasury Secretary Scott Bessent is pushing for 50bps to offset missed opportunities earlier this summer, but some analysts warn that rising core...
July inflation data suggests the FOMC's dual mandate may not be in as much of a pickle as economists previously feared.
Once upon a time, a decision to delay sky-high tariffs on China would have been an eleventh hour save—but in 2025 markets barely noticed.
Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning that declining data...
Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump’s new tariff costs, with more companies planning to pass them on...
"For the first time since 2020, CEOs planning to shrink their workforce exceeded the share looking to expand," the Conference Board noted.
Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC member Michelle Bowman...
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers weigh how each...
While other billionaires like Larry Ellison and Mark Zuckerberg saw major gains from the AI rally, Musk's fortune suffered due to an 18% fall in Tesla...
According to a new report from Oxford Economics, the potential output growth for China could fall from around 4% in the 2020s to less than 2% by the...
The resignation of FOMC member Adriana Kugler also opens the door for a more dovish Fed shift.
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing interest rates.
Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.
Analysts see signs of a shift toward easing—possibly beginning in September—but with no guarantees offered after this week's meeting.
Nvidia CEO Jensen Huang—who now ranks above Warren Buffett in wealth—says generous compensation is key to retaining top AI talent.
"We're in much better shape because it's now clear that if there's gonna be a real trade war with anyone, it would just be with China," Secretary Ross...
Despite the large, prearranged sales, Bezos still holds roughly 884 million Amazon shares and maintains a net worth of $252 billion.
RGA CEO Tony Cheng rose through the ranks of the Fortune 500 giant without any intention of becoming its leader—saying humility and a desire to...
Many of Pichai's recent sales were made under a regulatory filing which allows stock sales to be set up in advance by officers of publicly-listed...
Previous presidential visits to the Fed symbolized respect for its independence, Trump’s stop comes after repeated attacks on interest rate policy...
While the announcement was cause for optimism ahead of Aug. 1, analysts remained concerned about the steep tariffs still looming for key trading...
New Medicaid rules will require 18.5 million people to prove they meet the requirements every year—and that portends a bureaucratic nightmare.
Lynsi Snyder is a born and bred Californian, and makes no secret of the fact she loves the state where her grandparents founded burger empire...
The White House believes tariffs are a win for American voters, but Sen. Warren tells Fortune the policy has driven up tariff-vulnerable costs,...
And addresses speculation about VIP dining rooms and elevators, marble facades and water fountains.
Ellison also amended his Giving Pledge to focus resources on his Oxford-based institute tackling healthcare, hunger, and climate change.