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The Latest Breaking News from Fortune

Bronx Rep. Ritchie Torres introduces crypto legislation

At a Monday press conference, Torres compared SBF to Bernie Madoff and voiced concerns about Tether.

Fortune

Photos on Twitter appear to show former Caroline Ellison in New York City, prompting speculation of FTX-linked plea deal

The person believed to be Ellison was seen at a coffee shop in Manhattan.

Fortune

Should you rent or buy? First American crunched the numbers

It’s currently better to rent than to own for potential first-time homebuyers in 47 of the 50 top U.S. markets, according to First American’s analysis.

Fortune

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Elon Musk says major advertisers are returning to Twitter after initial exodus

Musk offers thanks, but no elaboration.

Fortune

Biden crowned world energy czar as diplomacy triumphs over Putin’s tantrums

Putin thought he controlled the world’s energy supply. Now he’s just an impoverished warlord.

Fortune

Four of the 46 female CEOs in the Fortune 500 can thank one company for their ascent

PepsiCo helped the CEOs of Dick's Sporting Goods, Land O'Lakes, Foot Locker, and Hershey rise to the top.

Fortune

16 former PepsiCo executives are now Fortune 500 CEOs. Here’s how the food and beverage giant became an incubator for leaders

How the maker of fizzy drinks and chips became a CEO factory.

Fortune

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KuCoin CEO defends exchange amid high-yield product backlash

Are crypto platforms adequately educating users about risk?

Fortune

Meet the 40-year-old money coach ditching the U.S. to retire in Portugal

Americans are frustrated and disillusioned their money isn’t going as far as they hoped, Delyanne Barros says. Moving to Portugal “is one alternative.”

Fortune

China dumping its draconian ‘zero COVID’ policy could come at the huge cost of rampant infections: 'This will spread like wildfire'

The end result could be “hundreds of millions” of infected Chinese, Dr. Ali Mokdad, a professor at the University of Washington’s Institute for Health Metrics and Evaluation, said.

Fortune

These 49 housing markets to see home prices fall over 15%—this interactive map shows Moody’s updated forecast for 322 markets

"Affordability will be restored. The [housing] market won't be overvalued after this process is over," says Moody's Analytics chief economist Mark Zandi.

Fortune

Meet the 29-year-old teacher with four degrees who wants to join the Great Resignation because she’s tired of working ‘way above’ her paycheck

The pandemic upended the teaching industry; Nina is one of the hundreds of thousands of teachers who wants out. But she doesn’t know where to start.

Fortune

Former FTX users say the failed crypto exchange was a 'Ponzi scheme.' Here's how Ponzis work

SBF, as Bankman-Fried was often called, says he didn’t commit fraud. But bankruptcy specialists say the findings so far are ‘pretty devastating.’

Fortune

They won't be home for the holidays: why some people are saying no to family gatherings and yes to themselves

"They're saying no to travel. They're saying no to the hustle and bustle of getting somewhere."

Fortune

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Fortune

Millennials and Gen Z are blaming Putin for intensifying Russia's baby shortfall: 'It's pretty bad for us'

“To live in Russia today is uncomfortable psychologically and economically. How can we even think about kids during this time?”

Fortune

Elon Musk wants 3 kinds of ideas from Twitter workers

Twitter employees are invited to submit ideas to make Twitter better.

Fortune

Even BlackRock is too woke for Florida

The sunshine state's conservative CFO is pulling $2 billion of taxpayer assets from BlackRock for promoting environmental, social, and governance (ESG) principles.

Fortune

Why Elon Musk banned Ye for 'inciting violence'–and what it means for the future of Twitter's content moderation policy

The Supreme Court is about to look into two cases that could determine the fate of Musk's Twitter.

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Fortune

'Two steps forward, one step back': Experts weigh in on November’s jobs report and Powell's big inflation challenge

Persistent wage growth and a low unemployment rate may be great for Americans, but they're making the Fed's inflation fight that much more challenging.

Fortune

Crypto billionaire Mike Novogratz says Sam Bankman-Fried ‘should go to jail,' as the ex-FTX billionaire worries about paying his lawyers

“The problem was, he took our money. And so he needs to get prosecuted,” says Novogratz, whose Galaxy Digital disclosed $76.8 million exposure to FTX.

Fortune

By tackling the challenges of ESG reporting, these companies help show the way forward

With a proposed SEC climate-related disclosure rule emerging, companies are being increasingly challenged by regulators—as well as investors and society—to enhance their sustainability reporting and disclosure.

Fortune

Shaping an inclusive world: What an anti-racist business strategy really entails

Now that DEI has become a business priority and critical component of ESG strategies, companies are looking at workplace culture and policies to pinpoint and eradicate racial biases.

Fortune

Whitney Wolfe Herd, who built Bumble into a $765 million company, is hiring someone else to run the app for the first time

Drena Kusari will become GM of the Bumble app, while Whitney Wolfe Herd "dreams big" as Bumble Inc. CEO.

Fortune

How L’Oréal, Target, and Coca-Cola are making moves in the circular economy

The circular economy is an essential part of fulfilling ESG goals.

Fortune

Former employees may never be coming back–but their services are still for hire. Here’s how to know if you’re ready for the 1099 economy

The tech-enabled migration in the American workforce to the 1099 economy predates the pandemic. The latest wave of layoffs will push it even further.

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