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Nick Lichtenberg__Business Insider |
A Fortune Most Powerful Woman, Posnett is global co-head of investment banking and a member of the Management Committee.
Sven Beckert has spent nearly a decade trying to understand the 1,000-year-old thing that capitalism is. "This is a human-created order."
"What people don't realize," Penn Wharton Budget Model director Kent Smetters told Fortune, is there's "just not as much money there as people think."
There isn't a Nobel double standard when it comes to regifting or auctions. One even sold for a whopping $103.5 million.
Student-debt collections are being halted again, as they have for over half a decade now.
The "mooch" says it really shows a pivot to "full nihilism." His podcast guest, longtime GOP strategist Stuart Stevens, called it "darkly hysterical."
Zohran Mamdani said he doesn't think we should have billionaires. Gavin Newsom said he doesn't think California should have a billionaires tax.
The California governor's stance on a wealth tax is complicated.
It's not just MacKenzie Scott who's giving back to American communities.
Billionaires live under "buy, borrow, die," and California's wealth tax wouldn't touch that. An estimated $1 trillion of wealth has already fled.
Peter Thiel and Gavin Newsom are united in opposition to the billionaire tax.
Fortune's Most Powerful Woman on Wall Street is cutting 1,000 jobs now, with tens of thousands more to come as she says "old, bad habits" are over.
"We don't try to be everything to everybody," Carhartt CEO Linda Hubbard told Fortune, as she announced a blue-collar partnership with Ford...
Investors are glum about tariffs taking a bite out of Delta's guidance, sending shares down 3% as the carrier capped a banner year.
The remote work jungle is full of varied and exotic species. The "hybrid creep" boss is the newest one.
Do you micro-shift, sometimes late into the night?
"If you are reading this, things did not go well for me," Adams' X account said on Jan. 13. The cartoonist had documented his illness for many months.
"We believe much of the rise is cyclical," Morgan Stanley economists noted in the report.
Media disruption expert Doug Shapiro is writing a book about "infinite content" through his Substack, The Mediator. He talked to Fortune about what's...
“It was extremely difficult,” IgniteTech CEO Eric Vaughan tells Fortune. “But changing minds was harder than adding skills.”
House of Nanking's Kathy Fang talked to Fortune about her new cookbook, quitting corporate life, and when her dad embarrassed her in front of Keanu...
Peter Cappelli says headcount will (eventually) go down, with a human in the loop, and productivity will go up. But "it's hugely expensive to do...
Critics warned a wealth tax in California would lead to a billionaire exodus. Florida says come on in, the water's warm.
Meanwhile, the Peterson Foundation updated its projection: the U.S. would be spending more on defense than the next 35 countries combined.
The nonpartisan Peter G. Peterson Foundation finds widespread — and bipartisan — concern over the debt.
Trump has not yet released draft legislation or an executive order, but officials and outside analysts say the administration is exploring several...
"Firms don't appear to be replacing workers with AI on a significant scale," the firm said. It suspects some are trying to "dress up layoffs" as good...
Warner continues to stick with Netflix, the shock winner that emerged in early December from the auction begun by Paramount.
The average AI unicorn founder was 40 years old in 2020, but now they're younger than 30, according to global venture capital firm Antler.
"What has now changed," Skild AI CEO Deepak Pathak told Fortune, "is that these models or these robots can now can learn from data."
"We said 'We can just keep punishing you... and you're going to stay.' Well that didn't happen. People fled."
The billionaire is really worked up about pharmacy benefit managers. Former FTC Chair Lina Khan called them "prescription drug middlemen."
"We entered the third epoch, or era of labor shortage, which started in 2018 and it's going to last to 2035," Fundstrat's Tom Lee predicted—a boon...
Colonel Lockjaw played a very different role when he visited Caracas to see Venezuelan President Hugo Chávez and the Mexican jungle, to meet El Chapo.
Burnout has moved from a state of place to a state of mind.
Venezuela has the world’s largest oil reserves, but “our people don’t even have gas even to cook. That’s a disaster,” María Corina Machado...
JLL's Workforce Preference Barometer finds that your most valuable employees probably least want to be in the office—and they have the power to stay...
Tesla stock is down over 6% over the last five days but the market seemed to be expecting Friday's news about EV deliveries.
The "everyday millionaire" population is exploding, and the rich added a record haul themselves this year. But where do they want to live?
President Donald Trump’s administration announced on Tuesday that it’s freezing child care funds to Minnesota and demanding an audit of some day...
Imagine the buffet. Forty-thousand oysters, lobster worth $400,000 and a cache of crabmeat all were stolen in separate incidents within weeks of each...
Her death comes just weeks after she publicly revealed in The New Yorker that she had been diagnosed with acute myeloid leukemia.
Some CEOs have been very generous when selling their companies, but there’s little to compare with what Fibrebond’s Graham Walker just did.
“The artists who are now canceling shows were booked by the previous far left leadership,” Richard Grenell wrote on X.
A group of Buddhist monks is persevering in their walking trek across much of the U.S. to promote peace, even after two of its members were...
Kash Patel and Kristi Noem are looking closely at Minnesota after an independent journalist's 40-minute video raised many views—and questions.
"I couldn’t negotiate the price. I was like a hostage," Oleg Tinkov told The New York Times in 2022. More details are now emerging.
"These decisions signify a shift in the media industry as companies abandon cable networks in favor of streaming services."
The Center for American Progress said the tariffs haven't been a Christmas gift for American business, more like a lump of coal.
"A lack of recovery in the jobs market and a slower U.S. economy are key risks to watch for 2026."
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