Fortune2h
Saudi Arabia dives deeper into Western assets as it looks set to become the majority owner of the U.K.’s busiest airport in a $12bn deal
After dominating the world of golf and placing itself atop a new Premier League soccer force, Saudi Arabia now looks set to take control of another Western asset: the U.K.’s busiest airport. The ...
Fortune54m
Economic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?
The U.S. economy showed fundamental strengths in 2023. Michael Nagle - Bloomberg - Getty Images 2023 has not been kind to the pessimists who shape the public’s perception of the U.S. economy. Despite ...
Fortune54m
Elon Musk says he’s prepared to go to prison if U.S. government tries to censor X
X owner is at risk of physical harm, warns InfoWars conspiracy theorist Alex Jones. Slaven Vlasic—Getty Images for The New York Times If the deep state comes for Elon Musk, the Tesla and X boss is ...
Fortune2h
Fed expected to keep interest rates unchanged—does that mean rate hikes are over?
With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates ...
Fortune2h
Goldman Sachs’s chief economist says the market may be getting ahead of itself on rate cuts—and decreases won’t come as soon as people hope
Jan Hatzius, chief economist at Goldman Sachs, says predictions the Fed could lower rates in March are overly optimistic. Christopher Goodney—Bloomberg via Getty Images After a period of painful rate ...
Fortune14h
Consumers spent 2023 asking Google why eggs, Taylor Swift tickets and sriracha sauce were so expensive
Your Google search history for 2023 has arrived. Well, actually, the world’s. On Monday, the California-based tech giant released its “Year in Search,” a roundup of 2023’s top global queries, ranging ...
Fortune3h
Tech will remain the economy’s key growth engine. Fortune’s Future 50 helps explain why
Every year, Fortune publishes the Future 50, a ranking of the world’s largest public companies by their long-term growth prospects, co-developed with Boston Consulting Group (read more on the Future ...
Fortune4h
Rudy Giuliani is about to find out how much he must pay 2 Georgia election workers he falsely accused of election fraud
Former Mayor of New York Rudy Giuliani speaks to reporters as he leaves his apartment building in New York, on, Aug. 23, 2023. Seth Wenig—AP A trial set to get underway in Washington on Monday will ...
Fortune5h
TikTok is spending $1.5 billion on a joint venture to solve the problem of Indonesia’s surprise social media shopping ban
A staff of a small shoe manufacturer shows their new products for a video to be posted on social media on Sept. 27, 2023. TikTok was forced to close its e-commerce service in the country after Jakarta ...
Fortune3h
Taylor Swift may be Person of the Year—but history will remember 2023 as the year of AI
Fortune's former sister magazine Time recently chose Taylor Swift as its "person of the year"—and created a new title of "CEO of the Year" for OpenAI's Sam Altman. Good morning. I wish I had been a ...
Fortune16h
Cigna drops bid to buy Humana, plans $10 billion share buyback
The Cigna Group headquarters in Bloomfield, Connecticut. Joe Buglewicz/Bloomberg via Getty Images Cigna Group is planning a “significant” increase of its stock buyback, committing an additional $10 ...
Fortune1d
Elon Musk says Ilya Sutskever—the OpenAI chief scientist who helped fire Sam Altman then backtracked—should jump ship for xAI or Tesla
How can it not be awkward when you help oust a CEO who returns five days later with strong support from employees and investors? That’s where OpenAI chief scientist and cofounder Ilya Sutskever ...