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The Latest Breaking News from Fortune

How a crypto startup raised $81 million with no product, no customers, and just a pitch deck

Hardware companies often require large amounts of capital before they can even show off a prototype, infrastructure investors said.

Fortune

Goldman Sach's last CEO called David Solomon to complain about performance after he lost $50 million on its slumping stock

The billionaire Lloyd Blankfein even reportedly offered to come back to the company.

Fortune

Philips gets $2.84B boost from billionaire family that controls Ferrari and Juventus

Exor, the holding company owned by the Agnelli family, has invested in healthcare, luxury, sports and more.

Fortune

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At 20 S&P 500 companies, the CFO earned 50% or more of what the CEO was paid in 2022

A Fortune analysis compares compensation numbers.

Fortune

I spent 30 years counseling the likes of Tom Brady and Michael Phelps. Here’s how they stay sane in an insane world

Greg Harden met Michael Phelps when he was 19. Phelps went on to become the most decorated Olympian in history-but that's not why Harden is proud of him.

Fortune

Strained housing affordability is a 'manufactured crisis' created by bad zoning—just look at L.A.

“It’s just this artificially created problem because we’ve been too downzoned,” Los Angeles-based real estate developer, Artem Tepler, told Fortune.

Fortune

Housing market outlook: Where to expect mortgage rates in 2024, according to 8 leading research firms

On Friday, the average 30-year fixed mortgage rate jumped to 7.19%. But where will it go next?

Fortune

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This institutional homebuyer has completely stopped buying—why the 2023 housing market has Wall Street types timid

Yieldstreet owns around 700 homes. But it hasn't bought any homes in 2023.

Fortune

The Chicago school economist who warned years ago of America's ‘business dynamism’ fading still sees 'something broken in the background'

Ufuk Akcigit and Sina Ates wrote a paper in 2019 that tracked four decades of economic decline in the U.S. The problems haven't gone away.

Fortune

Just how much exercise do I need each week—and does walking even count? The answers, according to experts, are encouraging

The questions lurk in the back of many of our minds—and here are the answers, according to two experts Fortune spoke to.

Fortune

A real estate billionaire said Fridays are ‘dead forever’ for offices, and remote work guru Nick Bloom says he’s right—it’s part of a new 3-part week

“Friday is increasingly winning out in the WFH stakes,” the WFH Research cofounder tells Fortune.

Fortune

The root cause of America's housing affordability crisis, as told by one housing policy analyst

"It’s a supply shortage, especially near high-wage jobs and high-amenity locations," says housing policy analyst Alex Armlovich.

Fortune

Step aside, hustle culture: Gen Z wants stress-free jobs, without big responsibilities or regular overtime

Job site Adzuna has seen a surge in Zoomer interest for positions with more perceived flexibility and less stress but above-average salary, such as administrative roles.

Fortune

With ‘Eris’ rising and now ‘Fornax,’ when are COVID cases likely to peak again? A look at what may lie ahead for fall and winter

Expect peaks this fall and winter not as much as a high wall of cases, experts say.

Fortune

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Fortune

Meet the rising star female founders behind the new Fortune Founders Forum

Air Protein's Lisa Dyson, Motherly's Jill Koziol and more are part of the new Fortune Founders Forum.

Fortune

Inside Amazon’s plan to dramatically expand fertility benefits to more than 1 million employees

Amazon's partnership with telehealth provider Maven Clinic will expand fertility care access to over 1 million employees.

Fortune

'My work can be flexible, my son's routine is not': Meet the ‘dead zone’ workers killing management's attempts to return to pre-pandemic 9 to 5 grind

Workers are clocking off work early to run errands and picking it back up late at night. Here’s how they’re making their vampiresque schedule work.

Fortune

We are “50% human and 50% technology,” and it's fueling an American health crisis

You hate to hear it, but we are lonelier than ever.

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news in one place.

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Fortune

Morgan Stanley just compared the ‘bubble-like euphoria’ over A.I. to the investing manias of the past century. The lesson for investors: Don’t ‘rush in’

“History has shown that for multiyear themes…there is usually little need for investors to rush in,” analyst Edward Stanley said.

Fortune

U.S. health care has been in crisis since Nixon–but two economists may have found a way to radically disrupt it

U.S. health care is an unfixable economic system, at least in its current configuration.

Fortune

Gen Z and millennials are outpacing older generations in 401(k) contributions

Even when cash is tight, young workers carve out space for savings.

Fortune

Why one Hollywood expert wants to 'burn down' the industry

Maureen Ryan is the author of the scathing new book “Burn It Down: Power, Complicity, and a Call for Change in Hollywood.”

Fortune

From a wellness room to locally sourced meals, here’s how pandemic darling Zoom is convincing its workers to ditch WFH

Step inside Zoom's new 15,000-square-foot site in London which is seamlessly kitted out with the latest technology.

Fortune

Meet the 2023 Fortune Founders Forum

We convened this inaugural cohort to connect over how they’re meeting the demands and opportunities of today—and tomorrow.

Fortune

How fast are Binance revenues falling? New trading data offers critical clues about the health of the crypto empire and its $37 billion coin

The double hit from legal crackdowns targeting Binance and steep drop in overall trading of digital currencies has hammered the exchange’s volumes.

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