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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- Data SheetBots can make Twitter a better place to be. Now Elon Musk wants to decide which ones are ‘good’
- Fortune CryptoCrypto, A.I., and the future of trading
- 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
- CFO DailyGiannis Antetokounmpo of the Milwaukee Bucks aims to level the playing field in ESG investing
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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.
December 1, 2022
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Quarterly Investment Guide: Q1 2023
Fortune @ Work: The Return-to-Office Playbook
Path to Zero
Commentary
- GlobalizationEY: 97% of CEOs have changed their investment strategy in response to geopolitical challenges–and almost a third already halted a project
- 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
Topics
Asia
EY: 97% of CEOs have changed their investment strategy in response to geopolitical challenges–and almost a third already halted a project
Alphabet will enlist ‘every Googler’ to test its ChatGPT competitor as search engines around the world go all-out on A.I.
Major trading firm lifts ban on side hustles—opening the door for employees to become YouTubers or startup founders
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
EY: 97% of CEOs have changed their investment strategy in response to geopolitical challenges–and almost a third already halted a project
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
Finance
EY: 97% of CEOs have changed their investment strategy in response to geopolitical challenges–and almost a third already halted a project
Someone in Washington state has a Powerball ticket worth $754.6 million
Boeing is cutting 2,000 desk jobs this year—but also hiring 10,000 new staff to focus on tech and manufacturing
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
EY: 97% of CEOs have changed their investment strategy in response to geopolitical challenges–and almost a third already halted a project
Employers are cutting jobs to trim costs. Should they be dumping office space instead?
Middle managers, beware: You’re the prime layoff target in tech’s new quest for ‘efficiency’
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
Someone in Washington state has a Powerball ticket worth $754.6 million
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’
Politics
EY: 97% of CEOs have changed their investment strategy in response to geopolitical challenges–and almost a third already halted a project
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
Retail
Cannabis chain once worth $1.7 billion and called the ‘Apple store of weed’ is now nearly failing as the once-hot pot industry faces a major reckoning
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
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
EY: 97% of CEOs have changed their investment strategy in response to geopolitical challenges–and almost a third already halted a project
Alphabet will enlist ‘every Googler’ to test its ChatGPT competitor as search engines around the world go all-out on A.I.
Middle managers, beware: You’re the prime layoff target in tech’s new quest for ‘efficiency’