Michael Saylor’s Strategy returns to profitability in third quarter
Bitcoin accumulator Strategy Inc. returned to profitability in the third quarter, with results bolstered by an unrealized gain tied to the rising value of the company’s roughly $69 billion cryptocurrency…
Target Zoom glitch added to series of mishaps over job cuts
They instead encountered silence after a technical glitch briefly knocked out the call’s audio, according to people familiar with the matter and a memo seen by Bloomberg News. That left…
Trump and Xi Jinping meet at a temporary trade truce just days after China purchased its first U.S. soybeans from this year’s harvest
President Donald Trump and Chinese President Xi Jinping just negotiated a trade deal in their first face-to-face meeting in six years, following reports of China’s first purchase of U.S. soybeans…
Trump boasts after ‘amazing’ meeting with Xi, but China suggests trade deal isn’t done
The one hour and 40 minute meeting’s agenda appears not to have touched on some perennial problems such as tensions over the self-governed island of Taiwan.But Trump said China had…
Brian Moynihan warns the economy risks ‘malaise’ due to government shutdown, as deals slow and federal workers pull back on spending
When the government shutdown began, the general consensus was that it wouldn’t be too detrimental to the economy. Sure, certain data sets would be absent. And yes, there may be…
AI bubble talk grips the market. The C-suite? Not so much.
Of course, there was a lot of discussion at the event about whether there’s an “AI bubble”—and that was before we got the latest earnings and cap ex numbers from…
Goldman Sachs survey says only 11% of companies are actively linking layoffs to AI—but the real shock is yet to come
While the latest wave of AI-linked layoffs has put job seekers—and even the Federal Reserve—on high alert, a new survey from Goldman Sachs suggests the real AI labor meltdown is…
Harvard professor calls out ‘lie’ of needing 8 hours of sleep a night, says it’s Industrial Era ‘nonsense’
Most adults do not need a hard eight hours of sleep; a growing body of evidence and evolutionary research suggest the optimal nightly sleep for many healthy adults is closer…
Tom Brady calls out a problem with modern parenting: ‘Every time they mess up, we send them to an easier place to succeed’
“Think of today’s world, how we screw these kids up,” Brady told Fortune editor-in-chief Alyson Shontell. “Every time they mess up, we send them to an easier place to succeed.”That’s…
Life hack: Buying a private jet, yacht, or expensive car can help you save money through Trump’s ‘One Big Beautiful Bill’
Gas stations and car washes also qualify. Sales of these establishments spiked after Trump temporarily expanded bonus depreciation in 2017. One entrepreneur told Bloomberg that he avoided millions of dollars in…
