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The Latest Breaking News from Fortune

Billionaire CEO Barry Sternlicht admits he was 'a little early' with his recession calls. 'I did not understand the strength of the consumer'

The head of Starwood Capital Group said it all comes down to the labor market. “People are employed and when people are employed, they spend money.”

Fortune

It's 'going to be a struggle' for customers of Binance-linked Prime Trust after BitGo terminates acquisition plan

BitGo CEO Mike Belshe said Prime Trust didn't have the necessary finances to complete the deal.

Fortune

No, 'DINK' couples don't regret not having children

More couples are choosing to be DINKS—double income no kids—but the freedom and independence can come with some drawbacks.

Fortune

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The housing market recession is 'over’ in the new home space, top economist Ali Wolf says, but she's hesitant on what comes next

"Home sales are rising, starts are rising, and home prices are rising again," Wolf tells Fortune. "The big question is – is that it?"

Fortune

Multimillionaire who agreed to join billionaire pal on Titan sub over beers on Richard Branson’s private island pulled out at the last minute over fears operator ‘cut too many corners’

Chris Brown says he agreed to join billionaire pal Hamish Harding on the Titan over beers on Richard Branson’s private island. He is one of two men who canceled their spot on the trip.

Fortune

Americans are so indebted that it’s holding back the economy. These 4 key reforms could give them room to breathe

The inexorable march of debt may well be the most important economic factor in our lifetime.

Fortune

How can CFOs have a 'growth mindset' during uncertain times? Finance chiefs at Adobe, e.l.f. Beauty, TD Bank and a McKinsey expert explain

"Not being afraid to take risks is a big part of a growth mindset," Mandy Fields, SVP and CFO at e.l.f. Beauty said.

Fortune

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Malawi’s former president: ‘Africa’s food systems are in danger of failing due to high debt and climate change. A new financial pact can reverse this’

Climate change is undermining what progress has been made across the continent in the last few decades. Hunger, malnutrition, and poverty are on the rise.

Fortune

America's teens were experiencing a mental health crisis 'a good 8 years before COVID was on the scene'

Depression symptoms are skyrocketing in teens, but it’s not solely due to the pandemic.

Fortune

Bitcoin soars past $30,000—notching the highest mark in more than a year—on ETF fever

The total market cap for all cryptocurrencies has followed suit, rising above $1.17 trillion.

Fortune

Return to office: How many workers are back at their desks

Office security company Kastle Systems has emerged as the single best source of data on exactly how many butts are in seats. The proverbial glass is still half-full, or half-empty.

Fortune

The 2023 Best Workplaces in Chicago make fairness a top priority

Here’s what sets the best employers apart from their competitors.

Fortune

Pride and flexibility stand out at the 2023 Best Workplaces in Bay Area

Here’s how the best employers separate themselves from their competitors.

Fortune

The 2023 Best Workplaces in New York offer career growth and flexible schedules

Here’s what employees say matters to them in the workplace.

Fortune

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Fortune

The 2023 Best Workplaces in Texas offer inclusion and balance

Here’s what the best employers offer their workers.

Fortune

Maverick Protocol raises $9 million to challenge decentralized exchanges like Uniswap

Decentralized finance protocols saw increased trading volume shortly after the SEC sued Binance.

Fortune

‘Milliseconds from implosion’: Company behind missing Titan sub fired a director for raising safety concerns

The submersible went missing off the coast of Canada as it took passengers to see the Titanic shipwreck.

Fortune

Meet the first Black woman on a Fortune 500 board

Patricia Roberts Harris joined the board of IBM in 1971.

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Fortune

Hippo Holdings has SPAC remorse 2 years after the deal that saw the firm valued at $5 billion

A downturn that’s included SPACs and insurtechs has Hippo Holdings wishing it had chosen a different route to go public.

Fortune

‘Bringing some of the investor protections to it’: How EDX Markets is embracing TradFi to become the safest bet in crypto

The exchange is backed by TradFi players like Citadel Securities, Fidelity, and Charles Schwab.

Fortune

U.S. crypto banking is under frontal assault. Here’s what it will take for the regulatory freeze to thaw, according to a former Fed examiner

Even prior the recent crypto scandals, bank failures, and tighter regulatory scrutiny, regulators were cooling to crypto banking.

Fortune

Months after layoffs, Slack want to rehire ex-staff for A.I. projects

The Salesforce-owned company is looking to rebuild its recently downsized ranks to fuel its new A.I. ambitions.

Fortune

A year after Roe v. Wade was overturned, an unworkable patchwork of state laws leaves corporate America more vulnerable to government overreach

Only Congress can enact a 50-state solution to end the chaos and administrative burdens that are plaguing businesses of all sizes.

Fortune

How the banking crisis catalyzed the government’s war on insider trading

Rule 10b5-1 plans allow executives to sell their company’s stock without violating insider trading laws. The government is now treating them as red flags.

Fortune

One of the most powerful women in PR tells CEOs struggling with Pride and Juneteenth backlash to commit to their communities '24/7'

Edelman U.S. CEO Lisa Osborne Ross advises consistency when supporting social issues.

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