Fed holds rates at an unusual moment: Stocks at record highs, dollar under pressure, and Powell in the crosshairs
The Federal Reserve on Wednesday held interest rates steady at 3.50% to…
Football snubs Bill Belichick, one of its greatest ever coaches—showing how his unapologetic leadership style came with a cost
Football has finally done to Bill Belichick what the former New England…
Scott Bessent on the 39% of young Americans thinking favorably of socialism: They’re just not invested in the stock market
U.S. Treasury Secretary Scott Bessent is drawing a sharp line between young…
Every U.S. Olympian is going home with $200,000, whether they medal or not, thanks to a billionaire’s $100 million gift
Billionaire Ross Stevens wants to change that. Beginning with next month’s Milan…
As AI automates roles and companies pull back hiring, Americans hit rock-bottom confidence in landing a job—and baby boomers fear they’re locked out
It marks a record low since the surveys started tracking the data…
Jeff Bezos capped his Amazon salary at $80,000: ‘How could I possibly need more incentive?’
During the early years of the now $2.61 trillion online retailer, Bezos…
Detroit’s top carmaker just wrote down $7.6 billion on its EV business—and grew its market cap by the same amount. Here’s how GM did it
The Detroit giant, long seen as the standard-bearer for traditional U.S. carmaking,…
Fortune 500 CEOs are no longer giving employees an A for effort. Now they want proof of impact
To be sure, corporate America does not run on goodwill and how…
New filings exposing Elon Musk’s financials for X in the U.K. show revenue plummeted 58% in 2024
Elon Musk’s social media platform X suffered a 58% revenue collapse in…
Amazon and JPMorgan led the Fortune 500 in returning to the office 5 days a week. Now they’re leading a coworking comeback
Coworking is entering a new era as large firms and small businesses…
