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The Trump admin said energy costs were a small price to pay in Iran war, but U.S. consumers are paying nearly 8x more than anyone else in fuel costs | Fortune
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The Trump admin said energy costs were a small price to pay in Iran war, but U.S. consumers are paying nearly 8x more than anyone else in fuel costs | Fortune

Business - Latest - Google News·1 day ago
#dOyAGZba
#world#news#fortune#fuel#costs

America’s continued reliance on gas-powered cars has made it vulnerable to energy shocks both in the Middle East and in the future, a new report found.

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AI’s boost to the U.S. economy is nearing its peak, Goldman says, as Apollo finds ‘zero financial payoff’ outside Big Tech | Fortune
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AI’s boost to the U.S. economy is nearing its peak, Goldman says, as Apollo finds ‘zero financial payoff’ outside Big Tech | Fortune

Business - Latest - Google News·3 days ago
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#world#news#fortune#wrote#growth

Apollo’s Torsten Slok rocked Wall Street with his take that AI returns just aren't there, then Goldman’s Jan Hatzius flagged two major downsides to growth.

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Trump promised 300,000 tons of beef imports at lower tariff rates to reduce grocery costs. Instead, shipments have lagged and prices haven’t budged | Fortune
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Trump promised 300,000 tons of beef imports at lower tariff rates to reduce grocery costs. Instead, shipments have lagged and prices haven’t budged | Fortune

Business - Latest - Google News·3 days ago
#Cz0e6bag
#world#news#fortune#beef#prices

“The simple assumption there was that if we can just increase supply of beef in the U.S., that should lower prices. Unfortunately, the beef industry is much more complex than that.”

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Robinhood bets $10 million on AI coding tool maker Cognition—after previously backing a rival
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Robinhood bets $10 million on AI coding tool maker Cognition—after previously backing a rival

OpenAI’s Codex, Anthropic’s Claude Code, GitHub Copilot, and Cognition’s Devin are all competing for attention from developers. Robinhood’s venture arm now has money riding on two of the companies behind them.…

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Trump said China was headed for ‘big trouble.’ Instead, its economy is growing faster than the U.S., and its deficits are pulling in the right direction | Fortune
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Trump said China was headed for ‘big trouble.’ Instead, its economy is growing faster than the U.S., and its deficits are pulling in the right direction | Fortune

Business - Latest - Google News·3 days ago
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#world#news#fortune#china#shan

Goldman Sachs’ Hui Shan noted over the weekend that China’s Q3 real GDP grew 4.5% year on year, slightly above the consensus expectation of 4.4%.

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Americans say the economy is bad but keep spending. Don’t mistake the midterm polls for a forecast | Fortune
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Americans say the economy is bad but keep spending. Don’t mistake the midterm polls for a forecast | Fortune

Business - Latest - Google News·4 days ago
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#world#news#fortune#people#confidence

Consumer confidence is at its lowest level since 2014, yet spending rose in August. Business leaders make the same mistake with election polls.

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France's latest debt warning describes a country where governance is breaking down — and even doing too little, too late is barely possible | Fortune
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France's latest debt warning describes a country where governance is breaking down — and even doing too little, too late is barely possible | Fortune

Business - Latest - Google News·4 days ago
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#world#news#fortune#france#debt

"The negative outlook reflects the increased risk that the fragmentation of France's political landscape will continue to impair the functioning of the country's legislative institutions."

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Airbnb CEO Brian Chesky warns two types of people won’t survive the AI era: ‘pure people managers’ and workers who resist change | Fortune
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Airbnb CEO Brian Chesky warns two types of people won’t survive the AI era: ‘pure people managers’ and workers who resist change | Fortune

Business - Latest - Google News·4 days ago
#RBnH9UKj
#world#news#fortune#people#chesky

Brian Chesky, the cofounder and CEO of $103 billion short-term rental giant Airbnb, says managers need to do more than meetings to stay afloat in the AI era.

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Raffles Family Office is betting on Asia's stablecoin billionaires

#china#redditchina#fortune#asia#made

Asia’s young, self-made billionaires are a decade younger than their American and European peers. Having made their fortunes in tech and crypto—and with larger risk appetites than the “old money” rich—Asia’s nouveau riche manage their wealth very…

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Here's the 'core economic flaw' in the AI bull case as stock and bond trades unravel, according to a top economist | Fortune
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Here's the 'core economic flaw' in the AI bull case as stock and bond trades unravel, according to a top economist | Fortune

Business - Latest - Google News·5 days ago
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#world#news#fortune#companies#compute

"So far, the AI payoff for firms has been slow to materialize, implying a growing reluctance to pay for AI services."

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Gen Z is treating the midterms like a market event. Boomers are treating them like weather | Fortune
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Gen Z is treating the midterms like a market event. Boomers are treating them like weather | Fortune

Business - Latest - Google News·5 days ago
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#world#news#fortune#investors#financial

A survey finds 72% of Gen Z investors have changed their portfolios ahead of the midterms, versus 17% of boomers. Here’s what it means.

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'The transit world is where innovation goes to die' — The U.S. lags far behind on using driverless trains, but new projects could open the floodgates | Fortune
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'The transit world is where innovation goes to die' — The U.S. lags far behind on using driverless trains, but new projects could open the floodgates | Fortune

Business - Latest - Google News·5 days ago
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#world#news#fortune#system#automated

Washington, D.C., recently advanced a plan that could let computers fully control one of its subways, and Los Angeles is seeking to build a new, completely automated line.

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Goldman Sachs CEO David Solomon on AI’s economic impact: ‘There’s very little that we do where we need frontier models’ | Fortune
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Goldman Sachs CEO David Solomon on AI’s economic impact: ‘There’s very little that we do where we need frontier models’ | Fortune

#world#news#fortune#small#businesses

“The important thing is to get it right, not to get it quicker,” Solomon told small businesses of his $500 million AI push with OpenAI, Anthropic, Google, and Meta.

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Final-year student at a target school– did I miss the Fortune 500 new-grad timeline?

I’m a final-year student at a target school, background in business and compsci, graduating in 2027. I’ve been focused on classes this fall, and busy with part time job, and I just realized a lot of Fortune 500 new-grad programs opened in August/…

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Markets sell off worldwide as further conflict looms in the Middle East and Elon Musk cuts capex guidance | Fortune
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Markets sell off worldwide as further conflict looms in the Middle East and Elon Musk cuts capex guidance | Fortune

Business - Latest - Google News·6 days ago
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#world#news#fortune#down#billion

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Zuckerberg owns 13% of Meta but controls 61% of its votes. California’s wealth tax would bill him on the 13% | Fortune
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Zuckerberg owns 13% of Meta but controls 61% of its votes. California’s wealth tax would bill him on the 13% | Fortune

Business - Latest - Google News·6 days ago
#jWVeaGBt
#world#news#fortune#company#zuckerberg

Paying a potential $12 billion bill would have meant selling the shares that give him control. A new class of stock solves that.

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Fire Emblem: Fortune's Weave gets its first wave of DLC today, and an expansion pass to include it
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Fire Emblem: Fortune's Weave gets its first wave of DLC today, and an expansion pass to include it

Eurogamer.net Latest Articles Feed·Connor Makar·8 days ago
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#eurogamer#game#pass#nintendo#expansion

A Fire Emblem: Fortune's Weave expansion pass is here, with separate waves of DLC coming to the game starting today.

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