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The Latest Breaking News from Fortune

Sports-focused prediction market Novig raises $75 million to challenge Kalshi and Polymarket

Novig’s Series B values the startup at $500 million with backing from Pantera Capital, Multicoin, and Forerunner.

Fortune

Citi’s new CFO is the latest sign the 'operator' era has arrived

From running U.S. Personal Banking to steering the balance sheet, Gonzalo Luchetti embodies the new CFO profile.

Fortune

Exclusive: Sen. Bill Frist’s Frist Cressey Ventures raises $425 million fourth fund

Frist Cressey Ventures has raised its $425 million fourth fund, Fortune has exclusively learned.

Fortune

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Job hopping isn’t really worth it anymore, finds new data from ADP—unless you’re a miner or builder

In some roles, it actually pays to stick with the same employer: In leisure and hospitality and IT, workers who stayed in their roles actually saw their salaries fare better than those who left.

Fortune

Inside Dragonfly Capital’s $650 million fourth fund and its early bets on Polymarket and Rain

Why the crypto VC has thrived despite a new bear market.

Fortune

Trump is ‘dumb as a fox,’ master of ‘the wall of sound,’ and never above ‘the last resort of scoundrels’: Yale scholar breaks it down in new book

“We know from mythology and science across centuries and cultures that even foxes can get outfoxed on occasion,” Yale’s Jeffrey Sonnenfeld told Fortune.

Fortune

There’s an incoming $150 billion ‘YOLO’ trade that will boost stocks by the end of March, Wells Fargo says

The S&P 500 “rose 100% of the time, by 13% on average over the next six months” after a buy signal like this, analysts note.

Fortune

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Goldman Sachs scraps DEI criteria for its board as the business case for boardroom diversity only grows more compelling

Also: All the news and watercooler chat from Fortune.

Fortune

Your competition for the CEO role might be on your board

Internal candidates are increasingly up against their own directors in the CEO succession race.

Fortune

Trump crackdown drives 80% plunge in immigrant employment, reshaping labor market, Goldman says

Net immigration averaged approximately 1 million people per year during the 2010s. Not anymore.

Fortune

Billionaire Trump supporter blocks sale of Texas warehouse for use as ICE jail

Majestic Realty is one of several companies to say no DHS after community backlash.

Fortune

Why your boss loves AI and you hate it: Corporate profits are capturing your extra productivity, and your salary isn’t

As happened with the first factories of the Industrial Revolution, today’s AI boom is boosting output, but most of the gains are flowing to capital, not workers.

Fortune

GoFund Me campaign seeks to buy Bitcoin to help spur Nancy Guthrie’s release

The fundraising effort comes after a new letter was sent to TMZ demanding Bitcoin in exchange for information about Guthrie’s captors.

Fortune

Corporate America is betting on rookie CEOs

The year of the rookie CEO has arrived.

Fortune

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Fortune

Anthropic was supposed to be a 'safe' alternative to OpenAI, but CEO Dario Amodei admits his company struggles to balance safety with profits

Anthropic’s CEO says intense commercial pressure is testing the company’s safety-first AI mission.

Fortune

Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”

Fortune

Ray Dalio warns of ‘great disorder’ period for world economy, marked by ‘clash of great powers’—just like the 1930s

The billionaire hedge fund manager warned that the world has entered a historical cycle that he believes is the most turbulent and violent possible.

Fortune

'No one is close': BlackRock’s Larry Fink warns Americans have saved egregiously less than they need for retirement

Many Americans have less than $150,000 saved for retirement.

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Fortune

What OpenAI's OpenClaw hire says about the future of AI agents

The OpenClaw deal shows the AI race shifting from smarter models to the systems—and developers—behind them.

Fortune

$56 trillion national debt leading to a spiraling crisis: budget watchdog warns the U.S. is walking a crumbling path

Trump is putting the U.S. economy on a "sugar high" and leaving other people holding the bill when it comes due a decade from now, according to the CRFB.

Fortune

Unicorn CEO on the disaster of $1.3 trillion of credit card debt, an all-time high: His fintech wouldn't exist if 'banks had done a better job'

Still, despite everything, the French-American CEO Renaud Laplanche told Fortune, there's a certain unkillable "optimism" to the American consumer.

Fortune

Top tech investor calls software selloff a ‘generational’ moment to buy

Investors are drawing their battle lines as AI sorts tech companies into winners and losers.

Fortune

Klarna's CEO agrees with Dario Amodei. He thinks his white-collar workforce will shrink by a third by 2030

CEO Sebastian Siemiatkowski says attrition, not layoffs, is the reason behind the company’s smaller workforce.

Fortune

YouTuber Logan Paul cashes in $16.5 million for his rare Pokémon card—more than even he expected. And it proves his point about 'armchair quarterbacks yelling from the sidelines

Social media mogul Logan Paul just set a world record for the most expensive trading card ever sold. He earned a 200% return on his initial investment.

Fortune

Airbnb CEO says AI is ‘the best thing that ever happened to’ his company—he warns other founders: ‘If you don't disrupt yourself, someone else will’

“If you don't disrupt yourself, someone else will,” Airbnb CEO Brian Chesky warns founders, as AI becomes instrumental to the rental giant.

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