Shawn Tully

Shawn Tully

Shawn Tully is a senior editor-at-large at Fortune.

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houses for sale

Where will housing prices end 2022? New data predicts a 4% drop in 5 months—and homes with these two characteristics will be hardest hit

A man uses a rope to pull a large Bitcoin up the side of a mountain.

For the company behind one of last year’s buzziest crypto IPOs, selling electricity is now more profitable than mining Bitcoin

Workers install a new row of Bitcoin mining machines at the Whinstone US Bitcoin mining facility in Rockdale, Texas, on October 9, 2021. – The long sheds at North America’s largest bitcoin mine look endless in the Texas sun, packed with the type of machines that have helped the US to become the new global hub for the digital currency. The operation in the quiet town of Rockdale was part of an already bustling US business — now boosted by Beijing’s intensified crypto crackdown that has pushed the industry west. Experts say rule of law and cheap electricity in the US are a draw for bitcoin miners, whose energy-gulping computers race to unlock units of the currency. “There’s a lot of competitors coming into Texas because they are seeing the same thing (as) when we came here,” said Chad Everett Harris, CEO of miner Whinstone, which operates the Rockdale site owned by US company Riot Blockchain. (Photo by Mark Felix / AFP) (Photo by MARK FELIX/AFP /AFP via Getty Images)

How Texas Bitcoin miners kept raking in profits during crypto’s crash: The grid is paying them to shut down

Jason Les, chief executive officer of Riot Blockchain, speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Saturday, June 5, 2021. The biggest Bitcoin event in the world brings a sold-out crowd of 12,000 attendees and thousands more to Miami for a two-day conference. Photographer: Eva Marie Uzcategui/Bloomberg via Getty Images

How Riot Blockchain capitalized on a hot Texas summer to make more money selling power than mining crypto

Four hands reaching to cash paper money dollar sign symbol. Business and wealth concept. Vector illustration

Kyrsten Sinema wants to snuff out stock buybacks by adding an excise tax. Here’s why that would hurt regular shareholders

Fort Lauderdale mansion on canals and waterfront.

High-end homes posted the biggest price gains—and now they are suddenly falling fastest

A photo illustration of Michael Saylor with laser beams out of his ideas at the Bitcoin 2021 convention in Miami, Florida on June 4, 2021.

MicroStrategy founder Michael Saylor once lost $6 billion in a day. His big bet on Bitcoin might sink him once and for all

Photo illustration by Fortune; original photo by Getty Images<br />
A home with arrows pointing down

New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June

a house made from bills of 100 dollars, dof f/x, selective focus

‘Real’ home borrowing costs just spiked—which could cause housing prices in some cities to fall 20-25% from their peak

Fortune Quarterly Investment Guide 2022 Q3

The best stock investing strategy for 2022: Don’t buy the dip, buy the dividend

Ben Miller, CEO of Fundrise

Rental-home property could be recession-proof. This founder is making it easier for young investors to buy in

A boat on the canal of Cape Coral, Florida.

This Florida housing market used to be the hottest in the country. Now the wild party is cooling off

Illustration showing a man holding an umbrella to shield him from red arrows pointing downward

The housing market is weakening fast—but there are no signs yet that a 2008-style crash is coming

Chief Executive of LIV Golf Greg Norman smiles on the first tee on the first day of the LIV Golf Invitational Series event at The Centurion Club in St Albans, north of London, on June 9, 2022. (Photo by Adrian DENNIS / AFP) (Photo by ADRIAN DENNIS/AFP via Getty Images)

A top antitrust lawyer lays out how golf’s fierce battle pitting PGA vs. LIV is likely to play out in court

Chief Executive of LIV Golf, Greg Norman (L), Chief Operating Officer of LIV Golf, Atul Khosla (C) and Saudi golf federation Chief Executive, Majed Al Sorour (R) leave the 1st tee on the first day of the LIV Golf Invitational Series event at The Centurion Club in St Albans, north of London, on June 9, 2022. – The LIV Golf Invitational London, the launch event of a lucrative and divisive series that is rocking the sport is underway. The $25 million event in St Albans — the biggest prize pot in history — is the first of eight tournaments this year bankrolled by Saudi Arabia’s sovereign wealth fund, worth a combined $255 million. (Photo by Adrian DENNIS / AFP) (Photo by ADRIAN DENNIS/AFP via Getty Images)

Inside Saudi-backed LIV’s plan to upend the economics of golf and use huge player salaries as a weapon against the PGA