Finance‘Big Short’ hedge funder says he thinks we’re headed for a ‘run-of-the-mill’ recession—but the bigger ‘paradigm shift’ is really on his mind
Steve Eisman says some market paradigms get deeply embedded in people’s minds. “They can’t even imagine, at times, that there could be anything else.”
February 6, 2023
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- Broadsheet30 years after passing the Family and Medical Leave Act, the U.S. must do more to secure paid leave for all
- CHRO DailyMore Black workers are participating in the labor force, but HR leaders must ensure they stay
- Term SheetVC Wesley Chan—who founded Google Analytics—lays out how the coming A.I. battle will unfold
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From the magazine
MagazineThe inside story of ChatGPT: How OpenAI founder Sam Altman built the world’s hottest technology with billions from Microsoft
The A.I. future, according to Altman, could be spectacular—unless it goes spectacularly wrong. Why Big Tech giants and business leaders everywhere are losing sleep over generative A.I.
January 25, 2023
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BankingThe 10 best high-yield savings accounts for February 2023
The Fortune Recommends top 10 picks for the best high-yield savings accounts offers customers the chance to earn well over 2% APY.
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Quarterly Investment Guide: Q1 2023
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Commentary
- Roe v. WadeUp to 1 in 4 pregnancies end in miscarriage. Here’s why many American women can no longer receive the vital care that I needed after mine
- HealthVivek Wadhwa: ‘I lost my wife to cancer in 2019–and decided to defeat it for good. Now all of India is joining my quest for world-saving innovation’
- diversity and inclusionDiversity, equity, and inclusion shouldn’t be the first casualties of hybrid work
- StartupsIn synthetic biology, startups and incumbent companies should be partners, not foes
- leadershipHow to manage complex stakeholder interests? Think like a designer
- Ukraine invasionHow the free media were duped by a fake pro-Putin list of Western companies still doing business in Russia a year into the Ukraine invasion
Topics
Asia
Major trading firm lifts ban on side hustles—opening the door for employees to become YouTubers or startup founders
Iranian protest singer weeps after Jill Biden announces his Grammy as he faces years in jail
Hong Kong airport chief says offer of free flights won’t be enough and predicts it will take up to 2 years for a full tourism recovery
Environment
In one of tech’s favorite cities, thousands are stuck without power and dealing with spoiled food: ‘We’re planning for worst-case scenario’
The National Guard has been called to help with a fiery train wreck that’s spewing toxic fumes into the air
‘You’re breathing toxic fumes if you’re that close’: As derailed freight cars smolder in Ohio, sheriffs go door-to-door with evacuation orders
Europe
Premier League giants Manchester City facing points deduction, suspension or even expulsion over probe into finances
U.K. Prime Minister Rishi Sunak addresses Piers Morgan probe on whether he’s ‘stinking rich’—but refuses to be drawn on billionaire status
How the free media were duped by a fake pro-Putin list of Western companies still doing business in Russia a year into the Ukraine invasion
Finance
The Atlanta Fed chair just said what everyone else is thinking: A really strong jobs report could mean bigger interest rate hikes
Ford’s CEO is the new face of a more ‘efficient’ corporate America after getting candid and hinting at more layoffs: ‘It takes us 25% more engineers to do the same work’
‘Big Short’ hedge funder says he thinks we’re headed for a ‘run-of-the-mill’ recession—but the bigger ‘paradigm shift’ is really on his mind
Health
Up to 1 in 4 pregnancies end in miscarriage. Here’s why many American women can no longer receive the vital care that I needed after mine
This news anchor was told she had acid reflux—the next day she was hospitalized and had fluid drained from around her heart. Here’s what you need to know about pericarditis
‘Died suddenly’ surges more than 740% in tweets about COVID vaccines: ‘It’s kind of in-group language’
Leadership
Middle managers, beware: You’re the prime layoff target in tech’s new quest for ‘efficiency’
Major trading firm lifts ban on side hustles—opening the door for employees to become YouTubers or startup founders
Florida is holding a special legislative session to fully strip Disney of self-governing status and expand migrant relocation
The Ledger
Keeping up with the SEC: Here’s what Kim Kardashian and your financial adviser have in common
Crypto lender BlockFi files for bankruptcy after FTX implosion
New York bans new crypto mining power plants—for now
Lifestyle
Tourists are back and they’re thirsty as the famous Kentucky Bourbon Trail shatters records with a 370% surge in attendance
The EA Madden game which has predicted the correct Super Bowl winner with almost 70% accuracy just placed its bets on this year’s game
Major trading firm lifts ban on side hustles—opening the door for employees to become YouTubers or startup founders
Personal Finance
Side Hustle Nation: The number of Americans working multiple gigs to just pay the bills is nearly double what we thought
The Treasury secretary says the red-hot labor market means the U.S. can avoid a recession: ‘You don’t have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years’
A psychologist who’s been treating gambling addicts for over a decade reveals how sports betting apps really hook you
Politics
Joe Biden’s plan to seek a second term faces a harsh reality: Only 37% of Democrats think he should, new poll shows
Biden’s State of the Union on Tuesday comes against the backdrop of huge new challenges. Here’s what to look for in his speech and in the audience
Iranian protest singer weeps after Jill Biden announces his Grammy as he faces years in jail
Retail
Empty shelves and layoffs: Inside Bed Bath & Beyond’s years-long death spiral. ‘Surely we could have done better’
Walgreens CFO says he might have ‘cried too much last year’ over shoplifting, but retailers are locking down more and more products
6-year-old Michigan boy may star in new GrubHub ad campaign after ordering $1,000 in food on his father’s cellphone
Success
‘Resenteeism’ is the latest trend plaguing workers, and it’s even more dangerous than quiet quitting
AMC Theaters wants to charge you more for those coveted middle seats as it tries to climb out of the pandemic economic nightmare
‘Hush trips’ are the next big trend your worker won’t tell you about. But that doesn’t mean bosses should crack down
Tech
Middle managers, beware: You’re the prime layoff target in tech’s new quest for ‘efficiency’
An ex-Twitter employee says the company’s mission to make people’s lives better ‘went to garbage’ after Elon Musk took over
The A.I. wars heat up as Google makes a major play against ChatGPT with its new offering, Bard