Thailand’s new prime minister inherits a $14 billion cash handout problem and a sluggish economy

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2166498892-e1724742866782.jpg?w=2048

Thailand’s economy isn’t growing as fast as its peers.

https://fortune.com/asia/2024/08/27/thailand-cash-handout-growth-economy-new-prime-minister/


Nvidia blows past expectations with record Q2 earnings but shares fall

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155110536-e1724879918453.jpg?w=2048

With expectations leading up to Nvidia's earnings results running red-hot, a strong topline beat and forecast was not enough to satisfy investors.

https://fortune.com/2024/08/28/nvidia-earnings-q2-record-ai-optimism-growth-blackwell-change/


Wall Street’s AI darling Super Micro postponed earnings while under short-seller’s microscope

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155472473-e1724866046772.jpg?w=2048

Hindenburg Research’s 19,000-word short report accuses Super Micro of sanctions evasion and accounting manipulation.

https://fortune.com/2024/08/28/super-micro-wall-street-ai-earnings-short-seller-hindenburg/


Free-speech champion or cybercriminal? Here’s why French authorities really arrested Telegram billionaire Pavel Durov

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-527244168_2d9091-e1724871029830.jpg?w=2048

Durov ran afoul of Russian authorities when he refused disclose data about innocent protestors, now the French say he's done the same for criminals and terrorists.

https://fortune.com/2024/08/28/why-was-telegram-ceo-pavel-durov-arrested-in-france-allegations/


Wall Street’s AI darling Super Micro postponed earnings while under short-seller’s microscope

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155472473-e1724866046772.jpg?w=2048

Hindenburg Research's 19,000 word short report accuses Super Micro of sanctions evasion and accounting manipulation.

https://fortune.com/2024/08/28/super-micro-wall-street-ai-earnings-short-seller-hindenburg/


Warren Buffett gets early birthday present as Berkshire Hathaway joins $1 trillion club

https://fortune.com/img-assets/wp-content/uploads/2024/08/trillion_club_img_082824-02_35c610.png?w=2048

The conglomerate briefly became the first non-U.S. tech giant to join the 'Trillion Dollar Club' as shares hit all-time highs.

https://fortune.com/2024/08/28/berkshire-hathaway-trillion-market-cap/


Live coverage: Nvidia tops Wall Street revenue targets

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1258356004-2-e1724858837322.jpg?w=2048

All eyes are on AI chipmaker Nvidia and CEO Jensen Huang on Wednesday, as the company delivers its highly anticipated Q2 earnings report.

https://fortune.com/2024/08/28/live-coverage-nvidia-earnings-call-report-q2-ai-demand-question/


Meta has abandoned efforts to make custom chips for its upcoming AR glasses

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1693637893-e1724793642905.jpg?w=2048

The Facebook parent company worked for years to develop its own computer chips for high-tech glasses. Mark Zuckerberg’s ongoing “efficiency” mandate saw the work effectively end last year.

https://fortune.com/2024/08/27/meta-abandoned-custom-chips-augmented-reality-orion-glasses/


Nvidia employees often work seven days a week and until 2 a.m. but golden handcuffs keep them tied to the company

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2089849654-e1724784110369.jpg?w=2048

Nvidia stock is up more than 3,000% since 2019.

https://fortune.com/2024/08/27/nvidia-employees-stress-pressure-work-place-stock-grants-wealth/


Nvidia’s billionaire boss: ‘I used to clean bathrooms, and now I’m the CEO’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155127402-1-e1724871614287.jpg?w=2048

It’s earnings day, but Jensen Huang would like you to remember his past as a Denny's employee as well as his reality as a Silicon Valley tycoon.

https://fortune.com/2024/08/28/nvidias-billionaire-boss-i-used-to-clean-bathrooms-and-now-im-the-ceo/


Free speech champion or cybercriminal? Here’s why French authorities really arrested Telegram billionaire Pavel Durov

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-527244168_2d9091-e1724871029830.jpg?w=2048

Durov ran afoul of Russian authorities when he refused disclose data about innocent protestors, now the French say he's done the same for criminals and terrorists.

https://fortune.com/2024/08/28/why-was-telegram-ceo-pavel-durov-arrested-in-france-allegations/


Wall Street’s AI darling Super Micro postponed earnings while under short seller’s microscope

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155472473-e1724866046772.jpg?w=2048

Hindenburg Research's 19,000 word short report accuses Super Micro of sanctions evasion and accounting manipulation.

https://fortune.com/2024/08/28/super-micro-wall-street-ai-earnings-short-seller-hindenburg/


Telegram founder Pavel Durov handed over to French court magistrate to await possible charges

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-527244438-e1724856637672.jpg?w=2048

This afternoon French investigator handed Durov over to judicial authorities who will decide further measures, a source close to the case told AFP.

https://fortune.com/europe/2024/08/28/telegram-founder-billionaire-pavel-durov-handed-over-to-french-court-magistrate-to-await-possible-charges/


Temu’s billionaire founder lost his title as China’s richest person just 20 days after winning it

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-674197342-e1724860147648.jpg?w=2048

Colin Huang’s net worth tanked $14.1 billion after disappointing earnings results.

https://fortune.com/2024/08/28/temu-founder-colin-huang-billionaire-richest-man/


The typical American home is now 128 square feet smaller and $125,000 more expensive than it was 5 years ago

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1072245366-e1724864731105.jpg?w=2048

“Essentially, building smaller houses isn’t stopping the growth in price per square foot, leaving buyers with a smaller house and an inflated mortgage,” an analysis from USA Today Homefront said.

https://fortune.com/2024/08/28/american-homes-smaller-more-expensive/


Arrest of Telegram CEO raises concerns over app’s leadership, ex-employee cites ‘dictatorship’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167947727-e1724799197768.jpg?w=2048

The social media platform is facing its biggest crisis yet after French authorities arrested Pavel Durov.

https://fortune.com/crypto/2024/08/28/telegram-investors-ton-crypto-pavel-durov-arrested-ipo/


Consumer Reports ranks the most reliable used cars for the first time

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1206045789-e1724859139949.jpg?w=2048

General Motors shines, but Lexus is on top.

https://fortune.com/2024/08/28/consumer-reports-used-car-rankings/


Get preapproved for these 6 credit cards–without a hard credit pull

https://fortune.com/img-assets/wp-content/uploads/2023/09/Recommends_Personal_CC_for_Business.jpg?w=2048

See which providers that offer preapproval for select cards, without doing a hard inquiry that impacts your credit score.

https://fortune.com/recommends/credit-cards/credit-card-preapproval-no-hard-pull/


Gen Z is actually taking sick days, unlike their older coworkers. It’s redefining the workplace

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-89972080-e1724856311219.jpg?w=2048

The days of being "scared to death" to call in sick are over.

https://fortune.com/2024/08/28/gen-z-sick-day-generations-workplace-culture-covid-pandemic/


Klarna has 1,800 employees it hopes AI will render obsolete

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1239737640_5c0bd4-e1724838881140.jpg?w=2048

Klarna CEO Sebastian Siemiatkowski wants to trim his staff to 2,000, from a peak of 5,000, with the help of AI.

https://fortune.com/europe/2024/08/28/klarna-1800-employees-ai-replace-ipo/


U.S. Olympic medalist barely earns enough to cover rent but makes 5 times more on social media

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164650951-e1724839112416.jpg?w=2048

Silver medalist Daniella Ramirez says synchronized swimming doesn’t pay the bills.

https://fortune.com/2024/08/28/sports-olympic-games-swimmer-daniela-ramirez-social-media-tiktok-influencers-asmr-lauryn-williams-cash/


Ken Griffin’s Citadel to break ground on $1 billion Miami skyscraper for new HQ

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2151203681-e1724719826207.jpg?w=2048

The building, set to be one of the city’s tallest, will “redefine the Miami skyline,” a spokesperson said.

https://fortune.com/2024/08/26/ken-griffin-citadel-miami-florida-headquarters/


Oasis asks fans to name original drummer to qualify for ticket ballot after Gen X and Gen Z fans war online

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-51129222-e1724853624206.jpg?w=2048

Oasis quizzed fans as a debate sparked online about who most deserved tickets.

https://fortune.com/europe/2024/08/28/who-is-the-original-oasis-drummer-reunion-tickets/


It’s getting easier to find a starter home but harder to buy one

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2158624460-e1724777721401.jpg?w=2048

Pending sales for starter homes rose 10%, according to Redfin, even as prices went up.

https://fortune.com/2024/08/27/starter-homes-easier-to-find-harder-to-afford/


Compare mortgage rates today

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1270122329.jpg?w=2048

Keeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current average mortgage rates—as well as everything you need to know about how mortgages work.

https://fortune.com/recommends/mortgages/current-mortgage-rates/


U.S. Olympic silver medalist earns ‘just enough’ to cover her rent—she’s turned to social media for more cash

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164650951-e1724839112416.jpg?w=2048

Silver medalist Daniella Ramirez says synchronized swimming doesn’t pay the bills.

https://fortune.com/2024/08/28/sports-olympic-games-swimmer-daniela-ramirez-social-media-tiktok-influencers-asmr-lauryn-williams-cash/


Nvidia, the ‘most important stock in the world,’ reports Q2 earnings today: Here’s what to watch for

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155573286_18d1ff-e1724848062504.jpg?w=2048

Investors will be keen to see if a reported design flaw in its Blackwell chips presents a risk to the exponential growth of its AI business.

https://fortune.com/2024/08/28/nvidia-q2-earnings-ai-jensen-huang/


Billionaire Pavel Durov made his fortune building two influential social media giants with close links to Russia. Now, his tech legacy is under threat

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167947584-e1724771784358.jpg?w=2048

Durov has earned a reputation as a free-speech crusader. But could his recent arrest change how Telegram operates?

https://fortune.com/europe/2024/08/28/billionaire-pavel-durov-fortune-building-two-influential-social-media-vkontakte-links-russia-tech-legacy-is-under-threat/


Telegram’s billionaire cofounder Pavel Durov arrested in France, report says

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-511820410-e1724539518514.jpg?w=2048

French media reported that a warrant had been issued as part of a police investigation into a lack of moderators on Telegram, which allowed criminal activity to allegedly take place.

https://fortune.com/2024/08/24/telegram-ceo-cofounder-pavel-durov-arrest-france-warrant-criminal-activity/


Google and Meta employees are apparently getting jealous of their wealthy Nvidia peers

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2089849308-e1724841498927.jpg?w=2048

"Bought a $100k family car in all cash and didn't have to think about it."

https://fortune.com/2024/08/28/google-meta-employees-jealous-blind-anonymous-items/


U.S. Olympian swimmer earns ‘just enough’ to cover her rent—she’s turned to social media for more cash

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164650951-e1724839112416.jpg?w=2048

Silver medalist Daniella Ramirez says synchronized swimming doesn’t pay the bills.

https://fortune.com/2024/08/28/sports-olympic-games-swimmer-daniela-ramirez-social-media-tiktok-influencers-asmr-lauryn-williams-cash/


The U.K.’s quantum advantage is about to pay off—but a government spending review risks squandering it

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167917461-e1724840852194.jpg?w=2048

New NVIDIAs and Microsofts of quantum will be born, and today, there is a large chance that one or more of these will come from the U.K.

https://fortune.com/europe/2024/08/28/uk-quantum-advantage-pay-off-government-spending-review-tech-politics/


Lego announces historic half-year as it launches 300 sets and 41 stores, cementing its lead in the toy industry

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2150327808-e1724837656119.jpg?w=2048

Lego’s results mark its strongest first-half ever and underscore the company’s clout amid a toy industry downturn hurting its rivals.

https://fortune.com/europe/2024/08/28/lego-historic-half-year-launches-300-sets-41-stores-lead-in-the-toy-industry/


Stakes couldn’t be higher for Telegram billionaire Pavel Durov as he awaits his fate after weekend arrest

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-489468026_8beada-e1724837390138.jpg?w=2048

Telegram CEO is set to learn today whether he will face charges and even be remanded in custody after his arrest by French authorities.

https://fortune.com/europe/2024/08/28/stakes-are-high-for-billionaire-pavel-durov-as-he-discovers-his-fate-after-weekend-arrest-telegram/


Ryanair CEO Michael O’Leary says it’s ‘frustrating’ dealing with Boeing as delayed jet deliveries could cut the airline revenue by €500 million

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167917601-e1724836042656.jpg?w=2048

Ryanair will have to forgo millions of ticket sales this year because of delayed jet deliveries from Boeing.

https://fortune.com/europe/2024/08/28/ryanair-ceo-michael-oleary-says-its-frustrating-dealing-with-boeing-delayed-jet-deliveries-could-cut-the-revenue-by-500000-million-euros/


Paris Paralympics: 500,000 tickets still unsold—but organizers are confident that seats will be filled

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2168594253-e1724835080368.jpg?w=2048

The best-selling events are blind football, taekwondo, track cycling, shooting, triathlon and equestrianism.

https://fortune.com/europe/2024/08/28/paris-paralympics-500000-tickets-still-unsoldbut-organizers-are-confident-that-seats-will-be-filled/


Luxury footwear CEO failed almost all his exams—now he runs $432m empire Kurt Geiger

https://fortune.com/img-assets/wp-content/uploads/2024/08/001b0e38-8dc3-4297-a725-ed4e2f30c0e8.jpg?w=2048

Neil Clifford has gone from working at a car dealership and cleaning toilets for extra pocket money to running £330 million-a-year business Kurt Geiger.

https://fortune.com/europe/2024/08/28/neil-clifford-kurt-geiger-career/


Telegram attracted billions from investors. But its founder’s arrest puts the messaging giant—and its $14 billion crypto offshoot—in doubt

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167947727-e1724799197768.jpg?w=2048

The social media platform is facing its biggest crisis yet after French authorities arrested Pavel Durov.

https://fortune.com/crypto/2024/08/28/telegram-investors-ton-crypto-pavel-durov-arrested-ipo/


Toyota shuts down all its Japan factories as an ‘extremely strong’ typhoon approaches the country’s southern island

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2168029539-e1724826732180.jpg?w=2048

Typhoon Shanshan, packing gusts of up to 252 kilometers per hour, is approaching the main southern island of Kyushu.

https://fortune.com/asia/2024/08/28/toyota-suspends-all-japan-factories-typhoon-shanshan/


After Mike Lynch’s fatal yacht sinking, is Sicily still a yachting paradise?

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1413215326-e1724767433354.jpg?w=2048

"What happened to the Bayesian is something really uncommon."

https://fortune.com/europe/2024/08/28/after-mike-lynchs-fatal-yacht-sinking-is-sicily-still-a-yachting-paradise-mediterranean-bayesian/


BYD wants ‘nearly half’ of its sales to come from overseas as it spends billions in new factories outside of China

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1712241271-e1724820658386.jpg?w=2048

But the ambitious goal might not happen until the end of the decade.

https://fortune.com/asia/2024/08/28/byd-nearly-half-sales-from-overseas-china-ev-new-factories/


NFL owners open the door to private equity investment into teams

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1872607324-e1724792913662.jpg?w=2048

The NFL finally allowed private equity firms to take minority stakes in franchises.

https://fortune.com/2024/08/27/nfl-private-equity-investment-vote-ares-arctos/


Lowe’s followed Tractor Supply, Harley Davidson and John Deere in backing off DEI initiatives

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1240404200-e1724803352124.jpg?w=2048

On Tuesday, the Human Rights Campaign, which Lowe's is no longer partnering with under its new policy, blasted such retreats from DEI

https://fortune.com/2024/08/27/lowes-followed-tractor-supply-harley-davidson-and-john-deere-in-backing-off-dei-initiatives/


Mississippi seafood giant sold thousands of pounds of imported frozen fish and billed it as fresh caught local snapper

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1360473550-e1724801515765.jpg?w=2048

“This kind of mislabeling fraud hurts the overall local seafood market and rips off restaurant customers who were paying extra to eat a premium local product," a prosecutor said.

https://fortune.com/2024/08/27/mississippi-seafood-giant-sold-thousands-of-pounds-of-imported-frozen-fish-and-billed-it-as-fresh-caught-local-snapper/


Employees who use and abuse marijuana miss more work, new study shows

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1129397975-e1724768517904.jpg?w=2048

Recent and frequent cannabis use, as well as cannabis use disorder, was associated with greater workplace absenteeism.

https://fortune.com/well/article/marijuana-abuse-cannabis-use-disorder-workplace-absenteeism-sick-days/


You can beat the S&P 500 with stocks that indexes dumped, market guru says

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1454367444-e1724003651604.jpg?w=2048

"As it turns out, getting dumped by an index can have an impressive upside, just as a romantic breakup can sow seeds for personal growth."

https://fortune.com/2024/08/18/beat-sp500-stocks-indexes-dumped-nasdaq-100-russell-1000-nixt/


Gen Z is buckling up—nabbing a entry-level gig is harder than ever

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1488370537-e1724794469361.jpg?w=2048

The Class of 2025 feels pessimistic about their career prospects, but are already applying as to tackle the trying job market

https://fortune.com/2024/08/27/gen-z-is-buckling-up-nabbing-a-entry-level-gig-is-harder-than-ever/


Zuckerberg blasts Biden administration for pressuring Meta to censor COVID content

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1975339885_60fd19-e1724754200220.jpg?w=2048

“I feel strongly that we should not compromise our content standards due to pressure from any administration in either direction—and we’re ready to push back if something like this happens again.”

https://fortune.com/2024/08/27/mark-zuckerberg-meta-censorship-biden-administration-letter/


For Gen Zers like me, AI regulation isn’t happening fast enough—and our future depends on it

https://fortune.com/img-assets/wp-content/uploads/2024/05/Gen-Zers-call-for-stronger-AI-regulation-e1716227820257.jpg?w=2048

AI-driven turbulence will define Gen Z’s future, and the technology is racing ahead at mind-numbing speed as policymakers dither.

https://fortune.com/2024/05/20/gen-zers-demand-stronger-ai-regulation-to-safeguard-future/


Rob Pitts of Netflix’s ‘Tex Mex Motors’ has died of stomach cancer. These are signs of the disease

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Stomach cancer accounts for about 1.5% of all new cancers diagnosed in the U.S. every year.

https://fortune.com/well/article/signs-of-stomach-cancer-killed-netflix-tex-mex-motors-star-rob-pitts/


Nvidia employees often work seven days a week and until 2 a.m. but golden handcuffs keep them tied to the company

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2089849654-e1724784110369.jpg?w=2048

Nvidia stock is up more than 3,000% since 2019.

https://fortune.com/2024/08/27/nvidia-employees-stress-pressure-work-place-stock-grants-wealth/


Aetna expands access to fertility services, becoming first major insurer to cover IUI

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1406175732-e1724784467386.jpg?w=2048

The move was "yet another demonstration of Aetna’s commitment to women’s health across all communities," said the insurer.

https://fortune.com/well/2024/08/27/aetna-expands-access-to-fertility-services-iui/


This tool was supposed to fix America’s retirement crisis—but it may not be much of a solution after all

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1987110771-e1724767419905.jpg?w=2048

Auto-enrollment and auto-escalation are supposed to help Americans save more. New research shows they might not be working.

https://fortune.com/2024/08/27/retirement-savings-nudges-auto-enrollment-report/


24 states gear up for ‘high-profile fight’ with Brown University over Israel divestment vote

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2150357148-e1724781319957.jpg?w=2048

State enforcers threatened to penalize the Ivy League school if trustees vote next month to divest from Israel-linked companies.

https://fortune.com/2024/08/27/brown-university-israel-divestment-vote-states/


Americans are draining stock portfolios to shovel more money into sports betting

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1485823128-e1724706449473.jpg?w=2048

Amid the growing lure of sports betting, Gen Z men in particular face a growing risk of financial disaster, experts say.

https://fortune.com/2024/08/27/sports-betting-gambling-investment-stock-bankruptcy-gen-z-men/


Chick-fil-A’s banana pudding milkshake is back. You won’t believe how much sugar it has

https://fortune.com/img-assets/wp-content/uploads/2024/08/Banana-Pudding-Milkshake_1-e1724347753232.jpg?w=2048

Do not mistake the special shake for a healthy smoothie.

https://fortune.com/well/article/chick-fil-a-banana-pudding-milkshake-sugar-content/


Millionaire Gen Z influencer Alix Earle said she was given ‘wrong advice’ on racist posts

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2001524526-e1724776370838.jpg?w=2048

The 23-year-old speaks out about old ASKfm posts that included racial slurs.

https://fortune.com/2024/08/27/millionaire-gen-z-influencer-alix-earle-wrong-advice-racist-posts/


This tool was supposed to fix America’s retirement crisis—but it not be much of a solution after all

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1987110771-e1724767419905.jpg?w=2048

Auto-enrollment and auto-escalation are supposed to help Americans save more. New research shows they might not be working.

https://fortune.com/2024/08/27/retirement-savings-nudges-auto-enrollment-report/


Best real estate schools for 2024

https://fortune.com/img-assets/wp-content/uploads/2024/05/Best-real-estate-schools-GettyImages-1027090330-e1717016006384.jpg?w=2048

Fortune analyzed over two dozen programs and listed our top 10 picks.

https://fortune.com/education/articles/best-real-estate-schools/


Ikea is taking on eBay to try to become the go-to destination for secondhand furniture online

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1211400948-e1724708070618.jpg?w=2048

Listing products on the Ikea Preowned website will be free for now, said the CEO of the furniture chain’s largest retailer.

https://fortune.com/2024/08/26/ikea-used-furniture-second-hand-marketplace/


Crypto will have the same effect on capitalism as the invention of stock markets. The only question is when

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1782159404-e1724772771547.jpg?w=2048

The widespread adoption of digital assets could occur within the next half-decade, writes Unicorns Inc. CEO Silvina Moschini.

https://fortune.com/2024/08/27/crypto-effect-capitalism-stock-markets-silvina-moschini-finance/


Red Lobster’s new leader is a millennial Wall Street fave who doesn’t believe in work-life balance

https://fortune.com/img-assets/wp-content/uploads/2024/08/PF-Changs-final-2-4929-1_94ce47.jpg?w=2048

Damola Adamolekun, former P.F. Chang’s CEO, turns to a new fast-casual venture.

https://fortune.com/2024/08/26/red-lobster-new-leader-is-a-millennial-wall-street-fave-who-doesnt-believe-in-work-life-balance/


17,000 Californians are about to lose their fire insurance

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163953021-e1724770209850.jpg?w=2048

Subsidiary of Liberty Mutual pulls back in the state.

https://fortune.com/2024/08/27/californians-lose-fire-insurance-17000-liberty-mutual/


Peloton’s former billionaire CEO says he’s lost all his money and had to sell his possessions

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1171361516.jpg?w=2048

“At one point I had a lot of money on paper,” says Peloton’s ex-CEO John Foley.

https://fortune.com/2024/08/27/pelotons-former-billionaire-ceo-says-hes-lost-all-his-money-and-had-to-sell-his-possessions/


HP stuck ‘on the horns of a dilemma’ as it mulls pursuing Mike Lynch’s family for $4 billion Autonomy claim

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-167431243-e1724757290175.jpg?w=2048

Hewlett Packard risks causing a PR storm for very little in return if it goes ahead with plans to win money back for its disastrous Autonomy deal.

https://fortune.com/europe/2024/08/27/hp-dilemma-mike-lynch-family-4-billion-claim/


EEE, West Nile, malaria: Know the difference between these mosquito-borne diseases

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24239617155361-e1724766727865.jpg?w=2048

The Massachusetts deadly mosquito virus is different than the rest. Here's how.

https://fortune.com/well/article/eee-west-nile-malaria-know-the-difference-mosquito-borne-diseases/


Compare mortgage rates today

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1270122329.jpg?w=2048

Keeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current average mortgage rates—as well as everything you need to know about how mortgages work.

https://fortune.com/recommends/mortgages/current-mortgage-rates/


Peloton’s former billionaire CEO says he’s lost all his money and had to sell his possessions

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1171361516.jpg?w=2048

"At one point I had a lot of money on paper," says Peloton's ex-CEO John Foley

https://fortune.com/2024/08/27/pelotons-former-billionaire-ceo-says-hes-lost-all-his-money-and-had-to-sell-his-possessions/


Elon Musk backs California’s AI safety bill, citing risk to the public

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2158244120_f8e35a-e1724758842720.jpg?w=2048

This week is the final deadline for California's landmark SB 1047 bill to pass, which would codify the first safety guardrails on AI on U.S. statute books.

https://fortune.com/2024/08/27/elon-musk-ai-safety-legislation-sb1047-california/


Exclusive: Microsoft-backed Space and Time raises $20 million to merge AI and blockchain

https://fortune.com/img-assets/wp-content/uploads/2024/08/founders.jpg?w=2048

The funding round was led by four crypto-focused firms, including Framework Ventures, Arrington Capital, and Lightspeed Faction.

https://fortune.com/crypto/2024/08/27/exclusive-microsoft-space-and-time-framework-lightspeed-arrington-ai-crypto/


Clichés, exaggerations, overstatements: Our analysis of 23,000 annual reviews shows top performers get the worst feedback

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1471886621-e1724753279656.jpg?w=2048

When you focus just on the reviews written for high-performing women, 38% of the sentences contain some instance of problematic feedback.

https://fortune.com/2024/08/27/analysis-of-23000-annual-reviews-shows-top-performers-get-worst-feedback-careers/


HP stuck ‘on the horns of a dilemma’ as it mulls pursuing Mike Lynch’s family for $4 billion Autonomy claim

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-167431243-e1724757290175.jpg?w=2048

Hewlett-Packard risks causing a PR storm for very little if it goes ahead with plans to win money back for its disastrous Autonomy deal.

https://fortune.com/europe/2024/08/27/hp-dilemma-mike-lynch-family-4-billion-claim/


Why Telegram billionaire Pavel Durov’s arrest risks fanning diplomatic tensions between France, Russia and the UAE

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-527244168-e1724755757473.jpg?w=2048

Durov's messaging platform is used by nearly a billion users, and has played an especially key role in the Russia-Ukraine war.

https://fortune.com/europe/2024/08/27/telegram-billionaire-pavel-durov-arrest-france-diplomatic-tensions-russia-uae/


Zuckerberg blasts Biden administration for pressuring Meta to censor COVID content

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1975339885_60fd19-e1724754200220.jpg?w=2048

"I feel strongly that we should not compromise our content standards due to pressure from any administration in either direction—and we're ready to push back if something like this happens again."

https://fortune.com/2024/08/27/mark-zuckerberg-meta-censorship-biden-administration-letter/


Max Verstappen’s undefeated home record is broken: Is this the beginning of the end for the Dutchman’s Formula One supremacy?

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2168371586.jpg?w=2048

Lando Norris, the British driver two years Verstappen's junior, is seen as the most likely pretender to the Dutch crown.

https://fortune.com/europe/2024/08/27/max-verstappen-undefeated-home-record-comes-to-an-end-is-this-the-beginning-of-the-end-for-the-dutchmans-formula-one-supremacy-lando-norris/


Jury deliberating fate of Nevada politician accused of killing reporter who uncovered his affair

https://fortune.com/img-assets/wp-content/uploads/2019/01/gettyimages-79253426-e1546906277285.jpg?w=2048

Closing arguments were heard Monday. Telles is accused of stabbing German after he learned that the reporter was about to expose an affair.

https://fortune.com/2024/08/27/jury-deliberating-fate-of-nevada-politician-accused-of-killing-reporter-who-uncovered-his-affair/


Albertsons threatens to lay off workers if merger with Kroger is blocked

https://fortune.com/img-assets/wp-content/uploads/2019/08/GettyImages-146222322.jpg?w=2048

The FTC does not like the merger plan because the chains intend to sell stores that compete against each other.

https://fortune.com/2024/08/27/albertsons-kroger-layoff-workers-merger/


Klarna CEO Sebastian Siemiatkowski just added Elon Musk’s SpaceX to his portfolio of unicorn investments

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1239737640-e1724749853487.jpg?w=2048

Flat Capital was co-founded by Sebastian Siemiatkowski and his wife Nina, and has investments in OpenAI and Figma.

https://fortune.com/europe/2024/08/27/klarna-ceo-sebastian-siemiatkowski-just-added-elon-musks-spacex-to-his-portfolio-of-unicorn-investments-openai-instabee-figma-flat-capital/


Americans are draining stock portfolios to shovel more money into sports betting

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1485823128-e1724706449473.jpg?w=2048

Amid the growing lure of sports betting, Gen Z men in particular face a growing risk of financial disaster, experts say.

https://fortune.com/2024/08/27/sports-betting-gambling-investment-stock-bankruptcy-gen-z-men/


Just 270,000 international students will get to go to Australia next year

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-140048216-e1724739495562.jpg?w=2048

Australian universities warn that any moves to limit foreign students could damage the lucrative tertiary education industry.

https://fortune.com/asia/2024/08/27/australia-caps-international-students-college-university-migration/


China EV maker Xpeng wants to start building cars in Europe, particularly in areas with ‘relatively low labor risks’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167865147-e1724734227706.jpg?w=2048

Xpeng could join other Chinese EV makers, including BYD and Chery, trying to use local production to minimize the effect of EU tariffs.

https://fortune.com/asia/2024/08/27/xpeng-explores-europe-manufacturing-site-eu-tariffs-china-ev/


Red Lobster’s new leader is a millennial Wall Street fave who doesn’t believe in work-life balance

https://fortune.com/img-assets/wp-content/uploads/2024/08/PF-Changs-final-2-4929-1_94ce47.jpg?w=2048

Damola Adamolekun, former P.F. Chang’s CEO, turns to a new fast-casual venture.

https://fortune.com/2024/08/26/red-lobster-new-leader-is-a-millennial-wall-street-fave-who-doesnt-believe-in-work-life-balance/


Ken Griffin’s Citadel to break ground on $1 billion Miami skyscraper for new HQ

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2151203681-e1724719826207.jpg?w=2048

The building, set to be one the city’s tallest, will “redefine the Miami skyline,” a spokesperson said.

https://fortune.com/2024/08/26/ken-griffin-citadel-miami-florida-headquarters/


Saudi Arabia has never won an Olympic gold but it paid an athlete $1.3 million for coming close

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1234541267-e1724690701232.jpg?w=2048

Just ask the 2021 karate silver medalist who took home the gold-level reward even though he lost.

https://fortune.com/2024/08/26/saudi-arabia-olympic-gold-cash-rewards/


NASA to bring stranded astronauts back in SpaceX capsule, not Boeing Starliner

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155551333_a62146-e1724518121622.jpg?w=2048

Butch Wilmore and Suni Williams will return to Earth in a SpaceX Dragon capsule in February, NASA said.

https://fortune.com/2024/08/24/boeing-starliner-astronauts-nasa-return-mission-spacex-elon-musk-international-space-station/


PPD founder loses $14 billion in stock selloff, ending 2-week reign as China’s richest person

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1295746557-e1724712266681.jpg?w=2048

Colin Huang is now the fourth-wealthiest person in China with a net worth of $35.2 billion, according to the Bloomberg Billionaires Index.

https://fortune.com/2024/08/26/ppd-stock-temu-colin-huang-wealth-14-billion-china-richest-person/


Luca Maestri to step down as Apple CFO after a decade of huge growth at the iPhone giant

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1150606255-e1724711485262.jpg?w=2048

Top deputy Kevan Parekh will take over.

https://fortune.com/2024/08/26/apple-cfo-luca-maestri/


Cops are using AI to write reports, and it’s changing how they respond to crimes

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24159617615778-e1724703464332.jpg?w=2048

Oklahoma City's police department is one of a handful to experiment with AI chatbots to produce the first drafts of incident reports.

https://fortune.com/2024/08/26/police-ai-chatbot-incident-reports-axon-emergency-call-response/


IKEA is taking on eBay to try to become the go-to destination for second-hand furniture online

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1211400948-e1724708070618.jpg?w=2048

Listing products on the IKEA Preowned website will be free for now, said the CEO of the furniture chain’s largest retailer.

https://fortune.com/2024/08/26/ikea-used-furniture-second-hand-marketplace/


The pandemic may have actually improved mental health for some kids, study finds

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-covid-kids-mental-health-e1724699133440.jpg?w=2048

“We actually found some improvements,” says one researcher.

https://fortune.com/well/article/covid-pandemic-may-have-improved-mental-health-for-kids/


One of the best things you can do for your mental health and well-being, according to a psychologist who counsels U.S. Olympians

https://fortune.com/img-assets/wp-content/uploads/2024/07/FIGS-Anatomy-of-a-Champion-05-1.png?w=2048

Nurturing mental wellness is as important as treating mental illness, according to a psychologist treating Olympic and Paralympic athletes in Paris.

https://fortune.com/well/article/mental-health-wellness-paris-2024-olympics/


Antidepressant not working? AI may do a better job than your doctor in matching you with the best medicine

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155063301-e1723050717244.jpg?w=2048

“People are going through three or four trials before they get the right medication,” a public health researcher tells Fortune.

https://fortune.com/well/article/ssri-antidepressants-depression-medication-ai/


Saudi Arabia has never won Olympic gold, but wants it so bad that it’s willing to pay $1.3 million to get there

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1234541267-e1724690701232.jpg?w=2048

Just ask the 2021 karate silver medalist who took home the gold-level reward even though he lost.

https://fortune.com/2024/08/26/saudi-arabia-olympic-gold-cash-rewards/


How a former U.S. special agent got stuck in a Nigerian prison—while his family pleads for the State Department to intervene

https://fortune.com/img-assets/wp-content/uploads/2024/08/Screenshot-2024-08-23-at-3.10.51-PM.png?w=2048

Tigran Gambaryan, a highly respected former IRS special agent who now works for Binance, is being denied medical help and legal counsel by Nigeria.

https://fortune.com/2024/08/26/binance-nigeria-tigran-gambaryan-hostage/


Mortgage rates verge on pivotal magic number

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1733707831-e1724434062564.jpg?w=2048

This week, the average 30-year fixed mortgage rate fell to 6.46%.

https://fortune.com/2024/08/23/mortgage-rates-lower-magic-number-closer/


SpaceX is about to send women farther into space than ever before

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1128344987-e1724699722680.jpg?w=2048

The first phase of flight will see the Crew Dragon spacecraft reach a height of 870 miles (1,400 kilometers) above Earth, making it the farthest humans have flown into space since the Apollo astronauts reached the moon.

https://fortune.com/2024/08/26/spacex-crew-dragon-mission-women-space-record-elon-musk-apollo-mission/


Pakistan’s first Olympic winner in 32 years was rewarded with almost $1 million—and a buffalo

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165913865-1-e1724428093927.jpg?w=2048

27-year-old javelin thrower Arshad Nadeem was also given a Honda Civic.

https://fortune.com/2024/08/23/arshad-nadeem-pakistan-olympics-buffalo-gift/


Does zinc really boost your immunity and metabolism? Experts explain the health benefits

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-717169571-e1724197026151.jpg?w=2048

Like other essential vitamins and minerals, zinc supports overall health. But when it comes to curing colds and jump-starting weight loss, there’s a limit to what zinc can do.

https://fortune.com/well/article/zinc-benefits/


Kamala Harris’s housing plan is the most aggressive since post–World War II boom, experts say

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167179802-e1724529499345.jpg?w=2048

“Our lack of affordable housing will continue to depress savings, opportunity, and growth in ways that will do long-term harm to the nation’s economy.”

https://fortune.com/2024/08/24/kamala-harris-housing-plan-affordable-construction-postwar-supply-boom-donald-trump/


Texting your employee after-hours can now get you a nearly $13,000 fine in Australia

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2010424534-e1724696195464.jpg?w=2048

Remote work’s rise leads to a global wave of “right to disconnect” laws, just not in the U.S.

https://fortune.com/2024/08/26/australia-right-to-disconnect-law-violation-fine-13000-after-hours/


Europe’s economy is doomed to stagnation unless it takes a riskier course, Nobel laureate warns

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-165207478-e1724617231752.jpg?w=2048

“This is where Europe’s principal problem lies: In a range of areas, from artificial intelligence to semiconductors to quantum computing, the U.S. and even China are leaving Europe in the dust.”

https://fortune.com/2024/08/25/european-economy-outlook-stagnation-technology-innovation-ai-computing-us-gdp/


It’s hotter than ever but people don’t want ice cream, leaving sweets purveyors struggling

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2149266091-e1724693508394.jpg?w=2048

"There's a sweet spot for temperature,” one CEO said—and extreme heat has blown right through it.

https://fortune.com/2024/08/26/mister-softee-ice-cream-extreme-heat-climate-change-customer-demand/


Donald Trump says Elon Musk can consult for the federal government if he wins reelection

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-633679096_05a9e2-e1724688893730.jpg?w=2048

As the relationship between Musk and Trump deepens, both eye a possible role for the world’s richest man in the U.S. government.

https://fortune.com/2024/08/26/donald-trump-elon-musk-consult-federal-government-ai-policy-cabinet-role/


The U.S. Open is handing out $75 million in cash prizes and tennis’s biggest stars are set for a record payday

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167949491-e1724682973397.jpg?w=2048

Hint: It’s more than Wimbledon.

https://fortune.com/2024/08/26/us-open-2024-prize-purse-what-winners-earn/


Harris campaign raises less money at last week’s Democratic convention than Trump did at RNC

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167987259-e1724686611353.jpg?w=2048

The $82 million raised by the Harris-Walz campaign not only fell short of the GOP convention’s tally, it was also less than Biden’s 2020 haul when adjusted for inflation.

https://fortune.com/2024/08/26/kamala-harris-campaign-donald-trump-fundraising-donations-tim-walz/


UFB Direct review August 2024: Limited account options but high-yield savings and money market accounts with APYs above 5%

https://fortune.com/img-assets/wp-content/uploads/2022/11/Recommends_Bank_Review_UFB.jpg?w=2048

Savers might find that UFB’s high rates complement their existing banking relationship.

https://fortune.com/recommends/banking/ufb-direct-bank-review/


Telegram’s billionaire cofounder Pavel Durov arrested in France, report says

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-511820410-e1724539518514.jpg?w=2048

French media reported that a warrant had been issued as part of a police investigation into a lack of moderators on Telegram, which allowed criminal activity to take place.

https://fortune.com/2024/08/24/telegram-ceo-cofounder-pavel-durov-arrest-france-warrant-criminal-activity/


SoFi Bank Review August 2024: An online bank with solid APYs and a long list of financial services

https://fortune.com/img-assets/wp-content/uploads/2023/05/Recommends_SoFi_Bank_Review.jpg?w=2048

SoFi Bank offers a low-cost online banking option for digital-first consumers and 24/7 customer service hours.

https://fortune.com/recommends/banking/sofi-bank-review/


Harris campaign raises less money at last week’s Democratic convention than Trump did at RNC

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167987259-e1724686611353.jpg?w=2048

The $82 million raised by the Harris-Walz campaign not only fell short of the GOP convention's tally, it was also less than Biden's 2020 haul when adjusted for inflation.

https://fortune.com/2024/08/26/kamala-harris-campaign-donald-trump-fundraising-donations-tim-walz/


The U.S. Open is handing out $75 million in cash prizes and tennis’ biggest stars are set for a record payday

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167949491-e1724682973397.jpg?w=2048

Hint: It’s more than Wimbledon.

https://fortune.com/2024/08/26/us-open-2024-prize-purse-what-winners-earn/


Union leader says no taxes on tips is the flawed policy we need because ‘working-class families can’t wait for aspirational ideas’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1206084247.jpg?w=2048

Eliminating taxes on tips is a welcome development, but nothing compared to the holy grail for service workers: raising the minimum wage.

https://fortune.com/2024/08/26/kamala-harris-donald-trump-ted-pappageorge-no-taxes-on-tips-presidential-election-nevada-union/


Elon Musk calls for release of Telegram founder Pavel Durov as arrest sparks debate whether X owner may be next

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2148589532-e1724673993943.jpg?w=2048

The CEO of right-wing YouTube rival Rumble says France "crossed a line" arresting Durov, while Trump impeachment witness warns Musk should be "nervous."

https://fortune.com/2024/08/26/elon-musk-telegram-pavel-durov-arrest-france-rumble-free-speech-censorship-social-media/


Luxury footwear CEO took over his first store at just 19 and had to sack all the staff who were stealing. Now he runs $432 million-a-year Kurt Geiger

https://fortune.com/img-assets/wp-content/uploads/2024/08/001b0e38-8dc3-4297-a725-ed4e2f30c0e8.jpg?w=2048

Neil Clifford has gone from working at a car dealership and cleaning toilets for extra pocket money to running £330 million-a-year business Kurt Geiger.

https://fortune.com/europe/2024/08/26/neil-clifford-kurt-geiger-career/


Harris campaign says Trump’s team is afraid to let him debate without mute button

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167172753-e1724683041335.jpg?w=2048

Donald Trump also cast fresh doubt over whether he would attend the only agreed-to debate with Democratic nominee Kamala Harris.

https://fortune.com/2024/08/26/kamala-harris-donald-trump-presidential-debate-abc-mute-button/


Home equity loan rates for the week of Aug. 26, 2024

https://fortune.com/img-assets/wp-content/uploads/2022/11/Recommends_home-equity-loan-rates-cape-cod.png?w=2048

The average home equity loan rate remained at 8.60%.

https://fortune.com/recommends/mortgages/home-equity-loan-rates/


Telegram CEO’s arrest puts spotlight on an app rife with guns, drugs and everything illegal

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2054049958-e1719427842464.jpg?w=2048

Here are some screenshots of some of the more outrageous listings that show pictures of heroin and stolen credit cards.

https://fortune.com/crypto/2024/06/27/telegram-dark-net-black-market-goods-drugs-guns-crypto/


Compare mortgage rates today

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1270122329.jpg?w=2048

Keeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current average mortgage rates—as well as everything you need to know about how mortgages work.

https://fortune.com/recommends/mortgages/current-mortgage-rates/


Elon Musk calls for release of Telegram founder Pavel Durov as arrest sparks debate whether X owner may be next

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2148589532-e1724673993943.jpg?w=2048

The CEO of right-wing YouTube rival Rumble says France 'crossed a line' arresting Durov, while Trump impeachment witness warns Musk should be 'nervous'.

https://fortune.com/2024/08/26/elon-musk-telegram-pavel-durov-arrest-france-rumble-free-speech-censorship-social-media/


Why this year’s Medicare Annual Notice of Change will be vital reading for beneficiaries

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An Annual Notice of Change lays out how much your premiums, deductibles, and copays will differ in the year ahead and whether the plan will even be offered.

https://fortune.com/well/article/medicare-annual-notice-of-change/


Luxury footwear CEO took over his first store at just 19 and had to sack all the staff who were stealing. Now he runs $432 million-a-year Kurt Geiger

https://fortune.com/img-assets/wp-content/uploads/2024/08/001b0e38-8dc3-4297-a725-ed4e2f30c0e8.jpg?w=2048

Neil Clifford has gone from working at a car dealership and cleaning toilets for extra pocket money to running £330 million-a-year business, Kurt Geiger.

https://fortune.com/europe/2024/08/26/neil-clifford-kurt-geiger-career/


Union leader says no taxes on tips is the flawed policy we need because ‘working class families can’t wait for aspirational ideas’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1206084247.jpg?w=2048

Eliminating taxes on tips is a welcome development, but nothing compared to the Holy Grail for service workers: raising the minimum wage.

https://fortune.com/2024/08/26/kamala-harris-donald-trump-ted-pappageorge-no-taxes-on-tips-presidential-election-nevada-union/


Australia gives workers the right to ignore their bosses outside of work hours—but employers call the rule ‘rushed’ and ‘deeply confusing’

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"We want to make sure that just as people don't get paid 24 hours a day, they don't have to work for 24 hours a day," Prime Minister Anthony Albanese said.

https://fortune.com/asia/2024/08/26/australia-passes-right-to-disconnect-ignore-bosses-outside-of-work-hours/


Telegram says CEO Durov has nothing to hide after arrest in France

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-489468026-e1724624749917.jpg?w=2048

“It is absurd to claim that a platform or its owner are responsible for abuse of that platform,” Telegram said.

https://fortune.com/2024/08/25/telegram-ceo-pavel-durov-arrest-france-eu-laws-content-moderation/


Ukraine’s Kursk incursion is part of broader effort for ‘fair peace,’ Zelenskiy says

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2168053210-e1724624003237.jpg?w=2048

“Everything we do is for the purpose of forcing Russia be ready for fair peace,” Zelenskiy said.

https://fortune.com/2024/08/25/ukraine-kursk-incursion-russia-fair-peace-vladimir-putin-volodymyr-zelenskiy/


Boeing’s new CEO must now weigh its duty to NASA vs. strained cash reserves

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2151128440-e1724623000311.jpg?w=2048

The decision about the future of the struggling Starliner program now rests with Boeing’s newly installed chief executive officer, Kelly Ortberg.

https://fortune.com/2024/08/25/boeings-ceo-kelly-ortberg-starliner-writedown-nasa-spacex-cash-reserves/


JD Vance says Trump would veto a national abortion ban

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“Donald Trump’s view is that we want the individual states and their individual cultures and their unique political sensibilities to make these decisions because we don’t want to have a nonstop federal conflict over this issue.”

https://fortune.com/2024/08/25/jd-vance-donald-trump-veto-national-abortion-ban/


Europe’s economy is doomed to stagnation unless it takes a riskier course, Nobel laureate warns

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"This is where Europe’s principal problem lies: in a range of areas, from artificial intelligence to semiconductors to quantum computing, the US and even China are leaving Europe in the dust."

https://fortune.com/2024/08/25/european-economy-outlook-stagnation-technology-innovation-ai-computing-us-gdp/


The outlook for home prices has zig zagged dramatically again

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1422164284-e1724609326778.jpg?w=2048

According to Freddie Mac's latest forecast, home prices will rise 2.1% in 2024 and 0.6% in 2025.

https://fortune.com/2024/08/25/housing-market-outlook-home-prices-forecast-2024-2025-fed-rate-cuts-home-sales-demand/


The ‘Viking Code’ leadership of Nicolai Tangen, a $1.7T wealth fund CEO unafraid to lock horns with Elon Musk

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1927532501-e1724439018375.jpg?w=2048

The head of Norway's sovereign wealth fund demonstrates that individual drive and community spirit can build a powerful symbiosis for change.

https://fortune.com/2024/08/24/viking-code-leadership-nicolai-tangen-norway-wealth-fund-ceo-unafraid-of-elon-musk/


Y Combinator’s first bet on weapons eyes a U.S.-China war and SpaceX playbook

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2151570920-e1724601136793.jpg?w=2048

"The DoD needs smaller, less expensive cruise missiles, and lots of them! But no one has delivered on that promise yet."

https://fortune.com/2024/08/25/y-combinator-ares-industries-first-weapons-bet-us-china-war-spacex/


Aliens, rovers and energy crystals: How Lego’s obsession with detail has kept fans hooked for 92 years and counting

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Making toys for kids isn't rocket science, but few others have done it as well (or for as long) as Lego has. Fortune takes a look at how the Danish company approaches the challenge, one brick at a time.

https://fortune.com/europe/2024/08/25/aliens-rovers-energy-crystals-space-lego-detail-fans-92-years-outperform-toy-market/


After the yen carry trade collapsed, get ready for the yuan carry trade

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Trades involving borrowing yuan to buy higher-yielding assets are set to be more resilient as China’s central bank keeps its monetary policy dovish, Royal Bank of Canada says.

https://fortune.com/2024/08/25/yen-carry-trade-collapse-yuan-peoples-bank-of-china-rates/


Some schools are going beyond cell phone bans

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In Spokane, Washington, schools are ramping up extracurriculars to compete with phones after hours.

https://fortune.com/2024/08/25/school-cell-phone-bans-students-extracurricular-activities-afterschool-clubs/


Kamala Harris has now raised $540 million since Joe Biden dropped out

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24236332364352-e1724596077494.jpg?w=2048

The Harris fundraising totals were raised by Harris for President, the Democratic National Committee, and joint fundraising committees.

https://fortune.com/2024/08/25/kamala-harris-campaign-fundraising-540-million-joe-biden-donald-trump/


Israel launches pre-emptive attack on Hezbollah, which fires hundreds of missiles in return

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An Israeli spokesman said its operation in Lebanon was essentially over for now. Hezbollah also said its operation on Sunday had concluded.

https://fortune.com/2024/08/25/israel-preemptive-attack-hezbollah-war-lebanon-missile-barrage/


Does zinc really boost your immunity and metabolism? Experts explain the health benefits

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Like other essential vitamins and minerals, zinc supports overall health. But when it comes to curing colds and jump-starting weight loss, there's a limit to what zinc can do.

https://fortune.com/well/article/zinc-benefits/


Does sunscreen give you cancer?

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2010881877-e1724266799527.jpg?w=2048

Because the sun surely does. Here, experts address concerns about sunblock ingredients.

https://fortune.com/well/article/does-sunscreen-give-you-cancer/


Harris and Trump’s ‘no taxes on tips’ proposal is the rare idea that’s both unifying and unfair

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-84610817-e1724448525658.jpg?w=2048

Exempting yet more income from taxation would worsen a tax code that already treats people with the same level of income differently.

https://fortune.com/2024/08/25/donald-trump-kamala-harris-taxes-tips-cost-irs-fairness-tax-code/


NASA to bring stranded astronauts back on SpaceX capsule, not Boeing Starliner

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155551333_a62146-e1724518121622.jpg?w=2048

Butch Wilmore and Suni Williams will return to earth on a SpaceX Dragon capsule in February, NASA said.

https://fortune.com/2024/08/24/boeing-starliner-astronauts-nasa-return-mission-spacex-elon-musk-international-space-station/


Telegram’s billionaire cofounder Pavel Durov arrested in France, report says

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French media reported that a warrant had been issued as part of a police investigation into a lack of moderators on Telegram, which allowed criminal activity to take place.

https://fortune.com/2024/08/24/telegram-ceo-cofounder-pavel-durov-arrest-france-warrant-criminal-activity/


Economists at Jackson Hole say more labor market cooling may cause bigger jumps in unemployment

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Economists presented four research papers all related to the theme of “Reassessing the Effectiveness and Transmission of Monetary Policy.”

https://fortune.com/2024/08/24/job-market-outlook-more-cooling-unemployment-spike-jackson-hole-economists/


Babe Ruth’s ‘called shot’ World Series jersey could see price soar 3,000% at auction

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24236586125778-e1724534848248.jpg?w=2048

The legendary Yankee slugger's jersey could fetch up to $30 million after being sold at auction in 2005 for $940,000.

https://fortune.com/2024/08/24/babe-ruth-jersey-auction-price-called-shot-world-series-yankees-cubs/


Kamala Harris’s housing plan is the most aggressive since post-World War II boom, experts say

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167179802-e1724529499345.jpg?w=2048

"Our lack of affordable housing will continue to depress savings, opportunity and growth in ways that will do long-term harm to the nation’s economy."

https://fortune.com/2024/08/24/kamala-harris-housing-plan-affordable-construction-postwar-supply-boom-donald-trump/


The WTO isn’t solving the problems of global trade. Maybe the answer is for it to try to do less

https://fortune.com/img-assets/wp-content/uploads/2024/07/GettyImages-1998838908-e1721303715709.jpg?w=2048

The WTO should pivot from trying to enforce the rules of global trade to giving countries a space to figure out solutions on their own.

https://fortune.com/asia/2024/08/24/wto-can-solve-global-trade-problems-by-doing-less/


Anthony Fauci is recovering from West Nile virus after hospital stay

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24237630366668-e1724524629209.jpg?w=2048

Fauci is expected to make a full recovery, a spokesperson said on condition of anonymity.

https://fortune.com/2024/08/24/west-nile-virus-infection-anthony-fauci-recovering-hospital-stay/


NASA to bring astronauts back on SpaceX capsule, not Boeing Starliner

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155551333_a62146-e1724518121622.jpg?w=2048

Butch Wilmore and Suni Williams will return to earth on a SpaceX Dragon capsule in February, NASA said.

https://fortune.com/2024/08/24/boeing-starliner-astronauts-nasa-return-mission-spacex-elon-musk-international-space-station/


More free COVID-19 tests soon available by mail, government announces

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U.S. households will be able to order up to four COVID-19 nasal swab tests when the federal program reopens.

https://fortune.com/well/2024/08/24/more-free-covid-19-tests-soon-available-by-mail-government-announces/


Ship captain who saw Mike Lynch’s yacht sink blames ‘extreme mast’

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"The center of gravity is too high with this extreme mast," Dutch ship captain Karsten Börner told the Financial Times.

https://fortune.com/2024/08/24/mike-lynch-yacht-sinking-bayesian-cause-extreme-mast-storm-tornado/


9/11-era security measures and climate change put thousands at risk from dams

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Conflicting federal policies may force thousands of residents in flood-prone areas to pay more for insurance or be left unaware of danger posed by dams.

https://fortune.com/2024/08/24/flooding-risk-dams-sept-11-security-measures-climate-change/


Workers at top Canadian railroad company threaten to go on strike

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The union filed a 72-hour strike notice against CN on Friday morning shortly after it announced that it planned to challenge the arbitration order.

https://fortune.com/2024/08/24/canadian-national-railroad-workers-strike-arbitration-lockout-supply-chains/


Trump says economic growth would cover $4.6 trillion price tag for tax cuts

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“Growth, we’re gonna have tremendous growth,” Trump said when asked how he would pay for those tax cuts during a campaign stop in Las Vegas.

https://fortune.com/2024/08/24/tax-cuts-donald-trump-economic-growth-4-6-trillion-price-tag-tips-kamala-harris/


Passengers on Mike Lynch’s yacht were likely asleep when storm hit, prosecutor says

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An Italian prosecutor said the emergency began at 4:38 a.m. local time, when a red flare was launched and seen by the coast guard.

https://fortune.com/2024/08/24/mike-lynch-yacht-sinking-investigation-passengers-asleep-storm-manslaughter-negligence/


Harris and Trump’s pitch to businesses: Give workers a raise without increasing your payroll

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1806571427-e1724450997828.jpg?w=2048

Bipartisan proposals to exclude tips from taxation are politicians' latest version of a free lunch.

https://fortune.com/2024/08/24/kamala-harris-donald-trump-tax-platform-tips-payroll/


Hydrogen cars, London pubs, and Manchester United: 71-year-old billionaire Sir Jim Ratcliffe is in a race to secure his legacy

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2154601515-e1724336285479.jpg?w=2048

Jim Ratcliffe's purchases may help him be remembered beyond his fortune from a $52 billion petrocchemicals giant.

https://fortune.com/europe/2024/08/24/hydrogen-cars-london-pubs-and-manchester-united-71-year-old-billionaire-sir-jim-ratcliffe-is-in-a-race-to-secure-his-legacy/


The ‘Viking Code’ leadership of Nicolai Tangen, a $1.7T wealth fund CEO unafraid to lock horns with Elon Musk

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1927532501-e1724439018375.jpg?w=2048

The head of Norway's sovereign wealth fund demonstrates that individual drive and community spirit can build a powerful symbiosis for change.

https://fortune.com/2024/08/24/viking-code-leadership-nicolai-tangen-norway-wealth-fund-ceo-unafraid-of-elon-musk/


South Korea’s low fertility rate is ‘no joke’—and that’s pushing a Korean pizza startup to go global fast

https://fortune.com/img-assets/wp-content/uploads/2024/08/Jay-Lim-Global-CEO-of-GOPIZZA-Landscape-e1724399142747.jpg?w=2048

Korea’s shrinking population and competitive food sector make finding investors a challenge, says Gopizza founder Jay Lim.

https://fortune.com/asia/2024/08/23/south-korea-fertility-rate-gopizza-founder-jay-lim-startup/


Mortgage rates verge on pivotal magic number

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1733707831-e1724434062564.jpg?w=2048

This week, the average 30-year fixed mortgage rate fell to 6.46%.

https://fortune.com/2024/08/23/mortgage-rates-lower-magic-number-closer/


Trump will soon be free to tank his own stock

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Trump owns about 59% of Trump Media, which is the parent company of his social media platform, Truth Social.

https://fortune.com/2024/08/23/trump-truth-social-trump-media-stock-djt-price-lockup-period/


Apple to unveil new iPhones and big upgrades to wearables on Sept. 10

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1660504015-e1724449830655.jpg?w=2048

The unveiling will be followed by the phones going on sale Sept. 20, in line with Apple’s typical approach in recent years.

https://fortune.com/2024/08/23/new-apple-iphone-unveiling-sept-10-watch-airpods-wearables-upgrades/


Here’s what to do before the Fed cuts rates—’you want to jump on that now’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1294446854-e1724447131963.jpg?w=2048

“There is not a benefit to waiting because interest rates are going to be moving lower,” Bankrate's Greg McBride said.

https://fortune.com/2024/08/23/fed-rate-cuts-personal-finance-cd-bonds-auto-loans-mortgages-credit-card-debt-borrowing/


Nvidia Q2 results will be ‘the most important tech earnings in years,’ predicts tech bull Ives

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2155573459-e1724429242382.jpg?w=2048

On Wednesday, investors will find out whether bulls like Dan Ives or bears like Elliott Management are right about AI demand when the chipmaker updates the market.

https://fortune.com/2024/08/23/nvidia-jensen-huang-quarterly-earnings-tech-bull-market-ai/


South Korea’s low fertility rate is ‘no joke’—and that’s pushing a Korean pizza startup to go global fast

https://fortune.com/img-assets/wp-content/uploads/2024/08/Jay-Lim-Global-CEO-of-GOPIZZA-Landscape-e1724399142747.jpg?w=2048

Korea's shrinking population and competitive food sector makes finding investors a challenge, says Gopizza founder Jay Lim.

https://fortune.com/asia/2024/08/23/south-korea-fertility-rate-gopizza-founder-jay-lim-startup/


Investigator considers manslaughter in the Mike Lynch yacht sinking that killed 7

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1238040336-e1724336036720.jpg?w=2048

The public prosecutor of Termini Imerese has launched a probe into the shipwreck and multiple counts of culpable homicide, which are equivalent to manslaughter charges.

https://fortune.com/2024/08/23/mike-lynch-yacht-sinking-bayesian-italian-prosecutor-eyes-manslaughter-charges-hannah/


Fed chair’s ‘unmistakably dovish’ tone gives investors hope for a mega rate cut next month

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167216200-e1724427361160.jpg?w=2048

“The time has come for policy to adjust,” Powell said in his Jackson Hole speech on Friday.

https://fortune.com/2024/08/23/jerome-powell-speech-unmistakably-dovish-rate-cut-jackson-hole/


Jamie Dimon has now been floated for a Treasury role by both parties

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2152634525-e1724427180721.jpg?w=2048

Dimon has attempted to tame previous speculation about a White House role or taking on a Treasury position.

https://fortune.com/2024/08/23/jamie-dimon-kamala-harris-donald-trump-campaigns-treasury-secretary-position/


Campaign finance charges against girlfriend of FTX exec show political fallout from Bankman-Fried still ongoing

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2154518868-e1724428271338.jpg?w=2048

The Department of Justice charged crypto lobbyist Michelle Bond with illegally financing her congressional campaign with FTX funds.

https://fortune.com/crypto/2024/08/23/campaign-finance-charges-against-girlfriend-of-ftx-exec-show-political-fallout-from-bankman-fried-still-ongoing/


RFK Jr. endorses Trump, who once called him ‘the most radical left candidate’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2154524764-e1724440574258.jpg?w=2048

Kennedy's independent campaign also requested that he be removed from the Pennsylvania ballot.

https://fortune.com/2024/08/23/robert-f-kennedy-jr-rfk-endorses-donald-trump-most-radical-left-candidate-election/


‘I’ve got to give the Fed credit,’ Larry Summers says after Powell’s rate-cut speech

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1532407098-e1724439064753.jpg?w=2048

“We all make lots of mistakes — and the important thing is, when you make a mistake, to recognize it and fix it,” Summers said.

https://fortune.com/2024/08/23/jerome-powell-fed-rate-cut-jackson-hole-lawrence-summers-inflation-mistake/


Best credit repair companies—and what they do well

https://fortune.com/img-assets/wp-content/uploads/2024/02/credit-repair-getty-e1711547050845.jpg?w=2048

Repairing your credit can lead to getting you access to better interest rates that can ultimately save you money.

https://fortune.com/recommends/loans/best-credit-repair-companies/


Kamala Harris is being ‘competency-checked,’ a gauntlet every Black woman in the workplace has to run

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2166823358-e1724414436509.jpg?w=2048

Just as Barack Obama’s presidency did not usher in a “post-racial” America, neither will a Harris presidency.

https://fortune.com/2024/08/23/kamala-harris-competency-check-black-women-careers-elections-politics/


Mortgage rates verge on magic number

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1733707831-e1724434062564.jpg?w=2048

This week, the average 30-year fixed mortgage rate fell to 6.46%.

https://fortune.com/2024/08/23/mortgage-rates-lower-magic-number-closer/


Italian prosecutor eyes possible manslaughter charges in Mike Lynch yacht sinking that killed 7

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1238040336-e1724336036720.jpg?w=2048

The public prosecutor of Termini Imerese has launched a probe into Mike Lynch's yacht shipwreck and multiple counts of culpable homicide, which is equivalent to manslaughter charges.

https://fortune.com/2024/08/23/mike-lynch-yacht-sinking-bayesian-italian-prosecutor-eyes-manslaughter-charges-hannah/


Millennial U.K. lawyers are getting a $50,000 bonus for referring their friends to U.S. giants, despite the inevitable burnout

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-104821097-e1724409261887.jpg?w=2048

U.S. firms have rolled out massive referral bonuses after upping starting salaries to beyond $200,000.

https://fortune.com/europe/2024/08/23/millennial-uk-lawyers-50000-bonus-referring-friends-us-giants-burnout/


From trophy wife to hedge fund to HENRY, 7 iconic phrases Fortune invented in our 93-year history

https://fortune.com/img-assets/wp-content/uploads/2023/04/fortune-phrases.png?w=2048

Fortune has coined some of the most timeless phrases in your everyday vocabulary.

https://fortune.com/2023/04/23/fortune-history-groupthink-trophy-wife-hedge-fund-henry-paypal-mafia/


SoFi Bank Review August 2024: An online bank with solid APYs and a long list of financial services

https://fortune.com/img-assets/wp-content/uploads/2023/05/Recommends_SoFi_Bank_Review.jpg?w=2048

SoFi Bank offers a low-cost online banking option for digital-first consumers and 24/7 customer service hours.

https://fortune.com/recommends/banking/sofi-bank-review/


A week ago, Starbucks’ new CEO was a ‘messiah’…and then everyone found out about his 1,000-mile private-jet supercommute

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-476543068_4ef4b0.jpg?w=2048

“The longer this new CEO goes without making a huge impact that's noticeable internally as well as externally, the worse this decision will look."

https://fortune.com/2024/08/23/starbucks-ceo-brian-niccol-private-jet-commute/


German Shell whistleblower says Chinese emission reduction oilfield was actually a chicken farm

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1794532115-e1724320141306.jpg?w=2048

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

https://fortune.com/europe/2024/08/22/german-shell-whistleblower-chinese-emission-reduction-oilfield-chicken-farm-fraud/


The guest list for Mike Lynch’s fatal yacht party was a who’s who of players from the Autonomy scandal

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-627821054-e1724418094966.jpg?w=2048

Former employees of Autonomy, key figures in the HP acquisition, and lawyers who defended Lynch were all on board the Bayesian superyacht.

https://fortune.com/europe/2024/08/23/the-guest-list-for-mike-lynchs-fatal-boat-party-was-a-whos-who-of-players-from-the-autonomy-scandal/


I’m the first ‘chief growth officer’ for a U.S. state. Gen Z and millennials flock to places with these attributes—key to winning the war for talent

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1716708218-e1724344013982.jpg?w=2048

Understanding why Gen Zers and millennials choose a particular city has never been more important given aging populations.

https://fortune.com/2024/08/21/im-the-first-and-only-chief-growth-officer-for-a-u-s-state-heres-what-ive-learned/


More boomers and Gen X turn to phased retirement amid inflation, health worries

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-817986098-e1724268750753.jpg?w=2048

More and more older workers don't want a hard-stop retirement.

https://fortune.com/2024/08/22/phased-retirement-wtw-boomers-gen-x/


Jerome Powell signals ‘the time has come’ to cut U.S. interest rates

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164068118_3ffde1-e1724422273375.jpg?w=2048

Powell did not say when rate cuts would begin or how large they might be in his keynote speech at the Fed's annual economic conference in Jackson Hole.

https://fortune.com/2024/08/23/jerome-powell-interest-rate-cuts-jackson-hole-speech/


Compare mortgage rates today

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1270122329.jpg?w=2048

Keeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current average mortgage rates—as well as everything you need to know about how mortgages work.

https://fortune.com/recommends/mortgages/current-mortgage-rates/


U.S. Olympic gold medalist went from $200,000-a-year sponsorship to $12-an-hour internship

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-53341193-e1724320909229.jpg?w=2048

With the Paris 2024 Olympics making headlines for some outrageous prizes, it's easy to assume that all medalists are set for life. However, Olympic fame can be fleeting—just ask Lauryn Williams.

https://fortune.com/2024/08/22/us-olympic-gold-medalist-track-star-went-from-200000-a-year-sponsorship-to-12-an-hour-internship/


A week ago, Starbucks’ new CEO was a ‘messiah’ … and then everyone found about his 1,000-mile private jet supercommute

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-476543068_4ef4b0.jpg?w=2048

“The longer this new CEO goes without making a huge impact that's noticeable internally as well as externally, the worse this decision will look."

https://fortune.com/2024/08/23/starbucks-ceo-brian-niccol-private-jet-commute/


Kamala Harris is being ‘competency-checked,’ a gauntlet every Black woman in the workplace has to run

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2166823358-e1724414436509.jpg?w=2048

Just as Barrack Obama's presidency did not usher in a "post-racial" America, neither will a Harris presidency.

https://fortune.com/2024/08/23/kamala-harris-competency-check-black-women-careers-elections-politics/


Tesla price cuts and lack of new models are driving a used EV surge among buyers

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165144292-e1724413828472.jpg?w=2048

Drivers can snap up a used Model 3 for $22,000 and “it doesn’t look that different than a new one.”

https://fortune.com/2024/08/23/tesla-price-cuts-used-ev-market-surge/


Tokyo’s tax office is auctioning off a $390,000 Ferrari and a golf course

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1023585142-e1724404902260.jpg?w=2048

Tokyo's tax agency seized a 2-seater Ferrari NV 488 Pista Spider with an estimated price of 56.8 million yen ($390,000) from an owner who failed to pay their tax bill.

https://fortune.com/asia/2024/08/23/tokyos-tax-office-auctioning-ferrari-golf-course/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2152222562-e1724335214505.jpg?w=2048

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

https://fortune.com/europe/2024/08/22/us-investors-europe-ai-learning-regulators-tech-finance/


Nestle CEO Mark Schneider steps down after steering the ship for eight years—to be replaced by Latin American boss

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1844053338-e1724403687172.jpg?w=2048

The Nespresso coffee capsules and Haagen-Dazs ice cream manufacturer lowered its sales growth outlook for 2024 last month as it slowed its price increases in the first half of the year.

https://fortune.com/europe/2024/08/23/nestle-ceo-mark-schneider-steps-down-after-steering-the-ship-for-eight-yearsto-be-replaced-by-latin-american-boss-laurent-freixe/


Canada steps in to resolve freight train dispute as economic crisis loomed

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167172510-e1724402611301.jpg?w=2048

The government’s action came more than 16 hours after Canadian National and CPKC locked out workers over a labor agreement impasse.

https://fortune.com/2024/08/23/canada-freight-train-union-dispute/


Alibaba is upgrading its Hong Kong listing to primary, and that could potentially unlock billions in new investment

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2166700617-e1724397520789.jpg?w=2048

A primary listing in Hong Kong would allow eligible mainland Chinese investors to purchase Alibaba shares through a stock connect program.

https://fortune.com/asia/2024/08/23/alibaba-is-upgrading-its-hong-kong-listing-to-primary-and-that-could-potentially-unlock-billions-in-new-investment/


Mike Lynch was ‘Britain’s Bill Gates’—but the late tech millionaire would spend many of his final months under house arrest

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1238040788-modified-e1724154148402.jpg?w=2048

Mike Lynch’s fraud dispute with HP would define the last decade of his life.

https://fortune.com/europe/2024/08/22/mike-lynch-was-britains-bill-gates-but-the-late-tech-millionaire-would-spend-many-of-his-final-months-under-house-arrest/


Greenpeace files supreme court case accusing Finland of climate inaction

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2080586560-e1724335655614.jpg?w=2048

Six environmental and rights organisations are attempting to sue the Finnish government for a "lack of adequate climate action" over its stated targets.

https://fortune.com/europe/2024/08/23/greenpeace-files-supreme-court-case-accusing-finland-of-climate-inaction/


At the DNC, Kamala Harris has a billionaire problem on her hands

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167485071_1a600e-e1724356734274.jpg?w=2048

Sen. Bernie Sanders’ (I-Vt.) remarks on the wealthy bookended by an heir discussing his riches exposed the party’s awkward stance on the 1%.

https://fortune.com/2024/08/22/democrats-have-a-billionaire-problem-on-their-hands/


Top economist Mohamed El-Erian says traders are too aggressive on Fed rate cut expectations

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1689531128-e1724371371262.jpg?w=2048

The financial markets have been overdoing it while pricing in rate cuts that are likely to be more modest, he said.

https://fortune.com/2024/08/22/top-economist-mohamed-el-erian-says-traders-too-aggressive-on-fed-rate-cut-expectations/


Fundstrat’s Tom Lee says Jerome Powell is too dependent on data and it’s hurting the Fed’s decision-making abilities

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164056539_928103-e1724347478605.jpg?w=2048

The Fed’s reliance on data has made it too slow in deciding whether to cut rates, which could mess up the soft landing, says Fundstrat managing partner Tom Lee.

https://fortune.com/2024/08/22/federal-reserve-interest-rates-jerome-powell-tom-lee-inflation-soft-landing-economy/


A California woman outsmarted two alleged mail thieves by sending herself an AirTag

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1423481781-e1724368860709.jpg?w=2048

The mail pirates allegedly stole a package and she tracked them.

https://fortune.com/2024/08/22/apple-airtag-mail-thieves-porch-pirates-california-woman/


A surprisingly high number of workers say they’re okay with their employer listening in on their work chats and email

https://fortune.com/img-assets/wp-content/uploads/2024/08/Boss-Looking-Over-Shoulder-GettyImages-1390307222.jpg?w=2048

Qualtrics’ chief workplace psychologist said employees will be more open to it if they see the value in it.

https://fortune.com/2024/08/22/workers-ok-with-workplace-message-monitoring-surveillance-chats-email/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/Arch-founders-e1724260496739.jpg?w=2048

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

https://fortune.com/crypto/2024/08/22/arch-galaxy-seed-crypto-lending-castle-island/


Traders on Polymarket are betting on Harris’s odds of beating Trump, challenging the dominance of conventional polls

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167485071-e1724346808484.jpg?w=2048

Before scientific polling, newspapers relied on betting markets to predict the outcome of elections, often with remarkable accuracy.

https://fortune.com/2024/08/22/election-polling-betting-prediction-markets-poly-market-crypto-harris-trump/


I’m the first chief growth officer for a U.S. state. Gen Z and millennials flock to places with these attributes

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1716708218-e1724344013982.jpg?w=2048

Understanding why Gen Zers and millennials choose a particular city has never been more important given aging populations.

https://fortune.com/2024/08/21/im-the-first-and-only-chief-growth-officer-for-a-u-s-state-heres-what-ive-learned/


You need to make around $135,000 to rent in New York

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1487392171-e1724349581175.jpg?w=2048

The necessary income to rent comfortably in the state has increased 22% in only five years, according to Moody’s.

https://fortune.com/2024/08/22/six-figure-income-needed-rent-new-york/


Traders are betting on Harris’s odds of beating Trump, challenging the dominance of conventional polls

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167485071-e1724346808484.jpg?w=2048

Before scientific polling, newspapers relied on betting markets to predict the outcome of elections, often with remarkable accuracy.

https://fortune.com/2024/08/22/election-polling-betting-prediction-markets-poly-market-crypto-harris-trump/


COVID is negatively impacting Americans’ mental health, reveals Elmo-inspired survey

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1245459739-e1724337954176.jpg?w=2048

An X post from a beloved Muppet gave rise to an inaugural survey on well-being in the U.S.

https://fortune.com/well/article/elmo-sesame-street-workshop-harris-poll-2024-mental-health-well-being-survey/


MIT’s first freshman class since the Supreme Court’s affirmative-action ban is unmistakably less diverse

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2154728907-e1724359076514.jpg?w=2048

Around 17% of students in the class of 2028 are Black, Hispanic, Native American or Pacific Islander, a 15% dropoff from recent years.

https://fortune.com/2024/08/22/mit-freshman-class-2028-supreme-court-affirmative-action-harvard-unc-diversity-race-admissions/


FDA approves updated COVID-19 vaccines, shots should be available in days

https://fortune.com/img-assets/wp-content/uploads/2024/08/AP24233803517690-e1724352988281.jpg?w=2048

New shots will be available ahead of the impending winter surges in COVID-19 cases.

https://fortune.com/well/2024/08/22/fda-approves-updated-covid-19-vaccines/


Compare mortgage rates today

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1270122329.jpg?w=2048

Keeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current average mortgage rates—as well as everything you need to know about how mortgages work.

https://fortune.com/recommends/mortgages/current-mortgage-rates/


I sold a $1.4B big-data startup to IBM—then founded a nature sanctuary. Here are the dangers of AI energy consumption

https://fortune.com/img-assets/wp-content/uploads/2024/08/Chris-Gladwin-AI-data-energy-consumption-sustainability-e1724338990888.jpg?w=2048

Artificial intelligence could become one of the largest drivers of carbon emissions in the coming decades.

https://fortune.com/2024/08/22/ai-energy-consumption-big-data-centers-environment-sustainability-climate/


More boomers and Gen X turn to phased retirement amid inflation, health worries

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-817986098-e1724268750753.jpg?w=2048

More and more older workers don't want a hard-stop retirement.

https://fortune.com/2024/08/22/phased-retirement-wtw-boomers-gen-x/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1239794537-1-e1724272227131.jpg?w=2048

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

https://fortune.com/crypto/2024/08/22/paypal-anchorage-stablecoin-sec-reward-launch/


Shoppers are so scarred by inflation they’ve cemented new habits to save money—and discount retailers are the big winners

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2089868762-e1724348238391.jpg?w=2048

Shoppers are spending less time in one store and visiting a wider array of retailers looking for budget items, according to Placer.ai data.

https://fortune.com/2024/08/22/shoppers-are-so-scarred-by-inflation-theyve-cemented-new-habits-to-save-money-and-discount-retailers-are-the-big-winners/


Fundstrat’s Tom Lee says Jerome Powell is too dependent on data and it’s hurting the Fed’s decision-making abilities

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164056539_928103-e1724347478605.jpg?w=2048

The Fed's reliance on data has made it too slow in deciding whether to cut rates, which could mess up the soft landing, says Fundstrat managing partner Tom Lee.

https://fortune.com/2024/08/22/federal-reserve-interest-rates-jerome-powell-tom-lee-inflation-soft-landing-economy/


I’m the first chief growth officer for a U.S. state. Gen Z and millennials flock to places with these attributes—key to winning the war for talent

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1716708218-e1724344013982.jpg?w=2048

Understanding why Gen Zers and millennials choose a particular city has never been more important given aging populations.

https://fortune.com/2024/08/21/im-the-first-and-only-chief-growth-officer-for-a-u-s-state-heres-what-ive-learned/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2164068118.jpg?w=2048

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

https://fortune.com/2024/08/22/fed-chair-jerome-powell-keep-ignoring-climate-elephantor-impact-inflationat-jackson-hole-finance/


Jennifer Lopez and Ben Affleck are splitting after two years. Here are your divorce odds, experts say

https://fortune.com/img-assets/wp-content/uploads/2024/08/Jennifer-Lopez-Ben-Affleck-GettyImages-1498027918.jpg?w=2048

Relationship experts break it down.

https://fortune.com/well/article/jennifer-lopez-ben-affleck-divorce-odds/


I picked Baton Rouge over New York or L.A. after earning an MIT engineering degree—and am loving its genuine sense of community

https://fortune.com/img-assets/wp-content/uploads/2024/06/David-Hou_2.jpg?w=2048

After the anonymity of bigger cities, the Louisiana capital’s culture and community has invigorated David Hou.

https://fortune.com/2024/06/12/mit-graduate-baton-rouge-beats-los-angeles-new-york/


There are 3 major theories as to why Mike Lynch’s Bayesian yacht sank so fast

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2167077227-e1724338994142.jpg?w=2048

The boat’s maker says the crew should have had time to rescue passengers.

https://fortune.com/2024/08/22/why-mike-lynch-bayesian-yacht-sank/


Jennifer Lopez and Ben Affleck are splitting after two years. Here are you divorce odds, experts say

https://fortune.com/img-assets/wp-content/uploads/2024/08/Jennifer-Lopez-Ben-Affleck-GettyImages-1498027918.jpg?w=2048

Relationship experts break it down.

https://fortune.com/well/article/jennifer-lopez-ben-affleck-divorce-odds/


Doritos teams with SpaceX, St. Jude’s for new ‘Zero Gravity’ Cool Ranch chips

https://fortune.com/img-assets/wp-content/uploads/2024/08/Doritos-zero-gravity.jpg?w=2048

Chips were designed to keep their flavor in outer space, company says.

https://fortune.com/2024/08/22/doritos-spacex-st-jude-zero-gravity-cool-ranch-chips/


I sold a $1.4B startup to IBM—then founded a nature sanctuary. Here are the dangers of AI energy consumption

https://fortune.com/img-assets/wp-content/uploads/2024/08/Chris-Gladwin-AI-data-energy-consumption-sustainability-e1724338990888.jpg?w=2048

Artificial intelligence could become one of the largest drivers of carbon emissions in the coming decades.

https://fortune.com/2024/08/22/ai-energy-consumption-big-data-centers-environment-sustainability-climate/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1139118605-e1724331326593.jpg?w=2048

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

https://fortune.com/2024/08/22/former-united-airlines-ceo-activist-investors-are-wrong-about-southwest-running-an-airline-requires-more-than-just-financial-acumen/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/Copy-of-FeatTemplate-56.jpg?w=2048

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

https://fortune.com/2024/08/22/elon-musk-x-twitter-owner-list/


Another Tesla veteran resigned, writing it was ‘definitely not for the faint of heart’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2162679051_bff6fd-e1724282229529.jpg?w=2048

Sreela Venkataratnam’s departure from the EV maker leaves one woman in a VP role at the company, she noted.

https://fortune.com/2024/08/21/tesla-elon-musk-veteran-resigned/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2152222562-e1724335214505.jpg?w=2048

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

https://fortune.com/europe/2024/08/22/us-investors-europe-ai-learning-regulators-tech-finance/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/Arch-founders-e1724260496739.jpg?w=2048

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

https://fortune.com/crypto/2024/08/22/arch-galaxy-seed-crypto-lending-castle-island/


Inside the $4,500 rage ritual retreats going viral on TikTok

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1423584716-e1724097299284.jpg?w=2048

Because women have historically been taught to hide and mask their anger, the invitation to do the opposite can be a huge relief, says one expert.

https://fortune.com/well/article/rage-ritual-retreats-tiktok/


Ryanair CEO Michael O’Leary rows with Wizz Air after slamming €499 unlimited flight deal as a ‘scam’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163234509-e1724324414280.jpg?w=2048

Wizz Air called O'Leary "provocative" after he dismissed the airline's flight deal as "an interesting marketing stunt."

https://fortune.com/europe/2024/08/22/ryanair-ceo-michael-oleary-gets-into-war-of-words-with-wizz-air-after-slamming-e499-unlimited-flight-deal-as-a-scam/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/Happiest_Baby_Inc_Bassinet.jpg?w=2048

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

https://fortune.com/2024/08/22/snoo-sleeper-bassinet-added-monthly-subscription-parents-mad/


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

https://fortune.com/img-assets/wp-content/uploads/2024/08/Copy-of-FeatTemplate-56.jpg?w=2048

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

https://fortune.com/2024/08/22/elon-musk-x-twitter-owner-list/


The NWSL signs a deal with its players’ union to get rid of the draft

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1788625441-e1724319443753.jpg?w=2048

The new collective bargaining agreement between the league and its players intentionally sought to walk away from the conventions, or peculiarities, of American sports.

https://fortune.com/2024/08/22/nwsl-womens-soccer-players-union/


Ryanair CEO Michael O’Leary gets into war of words with Wizz Air after slamming €499 unlimited flight deal as a ‘scam’

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2163234509-e1724324414280.jpg?w=2048

Wizz Air called O'Leary "provocative" after he dismissed the airline's flight deal as "an interesting marketing stunt."

https://fortune.com/europe/2024/08/22/ryanair-ceo-michael-oleary-gets-into-war-of-words-with-wizz-air-after-slamming-e499-unlimited-flight-deal-as-a-scam/


U.S. Olympic gold medalist track star went from $200,000-a-year sponsorship to $12-an-hour internship

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-53341193-e1724320909229.jpg?w=2048

With the Paris 2024 Olympics making headlines for some outrageous prizes, it's easy to assume that all medalists are set for life. However, Olympic fame can be fleeting—just ask Lauryn Williams.

https://fortune.com/2024/08/22/us-olympic-gold-medalist-track-star-went-from-200000-a-year-sponsorship-to-12-an-hour-internship/


The eurozone secured a strong economic boost from the Paris Olympics: Will this spirit linger on?

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-2165894535.jpg?w=2048

The economic boost propelled private-sector growth to the fastest pace in three months.

https://fortune.com/europe/2024/08/22/eurozone-secured-a-strong-economic-boost-from-the-paris-olympics-will-this-spirit-linger-on/


Mike Lynch was ‘Britain’s Bill Gates’—but the late tech millionaire would spend many of his final months under house arrest

https://fortune.com/img-assets/wp-content/uploads/2024/08/GettyImages-1238040788-modified-e1724154148402.jpg?w=2048

Mike Lynch's fraud dispute with HP would define the last decade of his life.

https://fortune.com/europe/2024/08/22/mike-lynch-was-britains-bill-gates-but-the-late-tech-millionaire-would-spend-many-of-his-final-months-under-house-arrest/