Powell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anyway
“I don’t think that the spending that happens to build datacenters all…
AIG to partner with specialty insurer Convex and asset manager Onex in $5 billion deal
The terms of the Convex deal, those privy to the negotiations told…
Microsoft CEO Satya Nadella says Bill Gates told him his big bet on OpenAI would be a flop: ‘Yeah, you’re going to burn this billion dollars’
“Remember this was a nonprofit, and I think Bill even said, ‘Yeah,…
China just purchased its first U.S. soybeans from this year’s harvest before Trump and Xi meet at economic summit
COFCO did not immediately respond to Fortune’s request for comment.Experts with knowledge…
Delta CEO Ed Bastian says one key to building customer loyalty is ‘obsessing’ over your own staff
Personalize – Bastian often uses the word ‘concierge’ while Douglas is using…
Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025
Despite the wavering markets, some crypto analysts were cautiously optimistic. “Easing monetary…
From ‘greenwashing’ to ‘greenhushing,’ clean energy momentum advances despite political roadblocks
One big change is the switch from empty promises of net-zero carbon…
Gen Z is leading a blue-collar revolution as more Americans lose faith in college education
Gen Zers were raised on an American Dream that’s slowly disappearing from…
The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely
Chesky recommends budding leaders actually share their power, so no one shoulders…
Powell says that, unlike the dotcom boom, AI spending isn’t a bubble: ‘I won’t go into particular names, but they actually have earnings’
“I won’t go into particular names,” Powell told reporters after the Fed’s…
