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The Latest Breaking News from Fortune

From stability to consolidation to the big crunch, here are the 3 questions every small business owner is asking about the banking system

The bank crisis could spark a credit crunch that will rock the economy. It'll be a major test for small businesses.

Fortune

'Everyone is kind of tired and has given up' on COVID. But this new variant is 'one to watch,' the WHO says

Here’s what we know so far about the latest variant to raise eyebrows—and the first to do so in several months.

Fortune

Harvard economist Jason Furman says the Fed shouldn’t flinch in its inflation fight—unless the ‘turmoil spreads within the financial system’

We haven’t learned anything “particularly reassuring in the last three and a half weeks” about inflation even amid the banking crisis, Furman told CNBC.

Fortune

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The average NFL owner is 75–and not rich enough to hang onto their team

The NFL will be forced to modernize its ownership rules in the years to come–and that's good for football.

Fortune

‘His excellency’ no longer: Grenada sunsets Justin Sun's role as WTO rep in wake of SEC lawsuit

The U.S. government recently sued the crypto celebrity, alleging the illegal sale of unregistered securities and market manipulation.

Fortune

America's unemployment could be much higher than it seems

America's layoff situation isn't adding up. New government data reveals that the number of unemployed Americans could be much higher than it seems.

Fortune

Experts say there are 'no technical skills required' for this A.I. job that pays six figures

A wave of new A.I. roles is set to hit the jobs market by 2025, experts predict.

Fortune

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I am a Black woman who owns a bank–but my achievements wouldn’t be possible without my great-grandmother. Meet Ma Honey, the self-made entrepreneur from the segregated South

Teri Williams didn't celebrate her roots for 30 years–until she realized that her ancestry was essential to her success.

Fortune

How pandemic favorite Etsy plans to retain growth as consumers tighten wallets

Etsy is seeing business slowdown after a pandemic surge.

Fortune

The $300,000 starter home is going extinct: ‘A renter society not because of choice but because of force’

Housing economist Ali Wolf is worried by a growing "imbalance between the haves and have-nots in the economy."

Fortune

Binance's $1B recovery fund ended up in a corporate wallet

The cryptocurrency ended up in a wallet where Binance had commingled customer funds.

Fortune

Italy bans OpenAI's ChatGPT over privacy fears

Rome's sudden move reflects a growing sense of A.I. panic.

Fortune

Community bank CEO: ‘Congress must raise the bank deposit insurance limit to $10 million’

Exception-based coverage signals to depositors that they might get some extra protection at a systemically important bank–and compounds risk.

Fortune

To earn profit, Lyft hired a CEO from a non-profit

David Risher, who will become Lyft's new CEO in mid-April, has spend the last 14 years leading a non-profit group.

Fortune

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Fortune

Will the CFTC's suit against Binance help Coinbase?

The Commodity Futures Trading Commission alleges that Binance “has facilitated potentially illegal activities.”

Fortune

Putin can’t handle the truth: Why American journalist Evan Gershkovich, who was abducted for revealing Russia's economic collapse, must be freed

By prosecuting an American journalist, Putin has crossed a line that even he had never crossed before–and every bloodthirsty despot will be watching.

Fortune

Three things I learned during paternity leave

The lessons I learned about sustainability and impact after having my daughter.

Fortune

Salesforce and Meta layoffs show good severance packages won't soften the blow

“Just be honest with us.” Layoffs are sometimes inevitable, but workers say transparency and compassion go a long way to softening the blow.

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Fortune

Over 150,000 people have been let go so far this year. Are layoffs a confession of bad management?

If 2023 is “the year of efficiency,” what were the CEOs of Meta, Amazon, and others doing in all those previous years?

Fortune

I am a Starbucks barista who doesn’t qualify for all the wonderful benefits you keep hearing about. We want the ‘different kind of company’ that Howard Schultz promised but failed to deliver

'The benefits are great on paper, but often don’t exist in reality due to inconsistent scheduling.'

Fortune

Fortune's list of the Most Innovative Companies in America features a finance standout in the top 10

Richard Fairbank founded Capital One with the idea that a technology-based strategy builds a better financial services business.

Fortune

Top economists think the Fed will raise rates just once more before they're done

Economists have had their say on what the Fed will do later this spring –and when rates may finally begin to fall.

Fortune

'Axie Infinity' developer Sky Mavis launches next act: Studio partnerships and an update to its Ronin blockchain

After a $600 million hack in 2022, the play-to-earn gaming giant is starting a new chapter.

Fortune

Tech giants are cutting back on AI ethics research as Elon Musk calls for a cautious approach

Technologists are calling for a more cautious approach to AI, but some companies are still pushing forward at all costs.

Fortune

The banking crisis was ‘not a systemic event,’ it only affected ‘dumb and greedy institutions,’ according to famed short seller Jim Chanos

Chanos pinned the blame for SVB's collapse on the bank's leadership, while arguing the bank's issues aren't widespread. But that doesn't mean stocks are safe, he warned.

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