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The Latest Breaking News from Fortune

Cathie Wood says the U.S. is in a 'rolling recession' as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes

The Ark Invest CEO also said she has been buying Tesla stock and crypto-related assets like Coinbase and Robinhood during the market's downturn.

Fortune

Leadership coach Bill Hoogterp on how to move past nice, and get to effective

Leadership coach Bill Hoogterp counsels an exec who wants to become a stronger leader and possess more gravitas and an air of authority.

Fortune

The crypto magnate that has Trump’s ear, an IPO in the works, but still can’t get past a posh San Francisco coop board

Jesse Powell, who founded Kraken in 2011, is suing a co-op board that wants to keep him out over his politics.

Fortune

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Millennial and Gen Z credit scores are the latest sign of the 'vibecession.' Their credit scores will keep going up, Open Credit, TransUnion report shows

This could be a good sign for borrowers since lenders have historically been “hesitant” to extend loans to thin-file or low-credit consumers.

Fortune

Jensen Huang sports black leather jackets worth thousands of dollars—'It’s the revenge of the nerds'

The Nvidia CEO has had his signature black leather jacket look for at least the past 20 years.

Fortune

The housing market’s spring selling season has arrived. Here’s the best time to list your home

In one city, selling at the right time could yield nearly $100,000 more than during other times of the year.

Fortune

There are plausible explanations for the $1.4 billion gap on Tesla's financial statements

An accounting expert told Fortune one could not accuse Elon Musk's company of wrongdoing just by looking at its financial statements.

Fortune

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This company is launching a genetic matching feature for future parents—and the CEO says ‘it has nothing to do with eugenics’

Nucleus Genomics claims to give couples a picture of their combined risk for passing down hundreds of conditions to their future children.

Fortune

CEO of $13 million facial chain Glowbar says there’s one thing entrepreneurs aren’t told before launching businesses

Rachel Liverman's warning to entrepreneurs: “You can have a plan, but the universe laughs.” Glowbar may now be one of the most popular facial chains in America—but its road to success was a bumpy one.

Fortune

'I won $10 million in MrBeast’s game show after losing my job': Overnight multimillionaire Jeff Allen is using the fortune to find a cure for his son’s rare disease

Ever wondered what it’d be like to win millions in a Mr Beast competition? Jeff Allen did exactly that. He reveals exclusively to Fortune what it’s like winning $10 million, how he’s investing the cash, and why he’s not going to let it put a pin in his career.

Fortune

Will.i.am grinds from 5-to-9 after his 9-to-5—because work-life balance is for people ‘working on someone else’s dream’ and not for visionaries

When Will.i.am’s not writing hit songs like “OMG” for Usher, he’s looking for the next big pop star on The Voice U.K., or running his new AI company, FYI. He tells Fortune he balances it all by ditching work-life balance: ”Those words don’t compute for the materializers.”

Fortune

Tesla investors at a loss as Elon Musk drags down stock price: 'This time it feels different’

Tesla finds itself in uncharted territory, now that it appears to have lost its aura of infallibility, leaving punters in the dark about its outlook.

Fortune

The F-47 stealth fighter will likely be the 'most important defense decision' of Trump's entire term, retired Air Force general says

Trump said at the White House on Friday that Boeing beat out Lockheed Martin on an award that could eventually yield hundreds of billions of dollars.

Fortune

US debt could explode above 200% of GDP in two decades if Trump's tax cuts become permanent, CBO says — putting it at unsustainable levels

"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," the Peter G. Peterson Foundation warned.

Fortune

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Fortune

Global pop star says she can’t afford to take a week off due to how little she gets paid from streaming

Independent artist Sevdaliza says popularity doesn’t always equate to financial stability.

Fortune

CEO of $30 billion homebuilding empire sees ‘weaker-for-longer’ housing market as consumer confidence plummets

“Mortgage interest rates have remained higher-for-longer, which has left the overall housing market weaker-for-longer,” Lennar chairman and co-CEO Stuart Miller said in an earnings call.

Fortune

Apple is reportedly willing to lose $1 billion every year just to fuel its streaming ambitions

Unlike other peers, the streaming service's small library focuses almost exclusively on original content like Severance and Ted Lasso.

Fortune

USAID canceled contracts worth $32.7m bound for HIV charity treating 350,000 patients—now the lives of 10,000 children are on the line

In an exclusive interview, Trish Karlin of the Elizabeth Glaser Pediatric AIDS Foundation discusses the impact of $32.7m worth of contracts being terminated by USAID.

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Fortune

This nutrition expert avoids a so-called health food at all costs

Low-fat yogurt often contains artificial sweeteners and added sugar and flavors.

Fortune

Trump hints at 'flexibility' on reciprocal tariffs while balking at more 'exceptions'

Stock indexes rebounded from a morning selloff after Trump’s tariff comments to finish the day with narrow gains.

Fortune

Fired by Elon Musk’s DOGE, then reinstated by a judge, thousands of federal workers are living in limbo

“It’s beyond demoralizing."

Fortune

Elon Musk’s China briefing highlights possible advantages for SpaceX and Tesla, which have billions in fed contracts and deep ties to China

Musk’s rocket company SpaceX has $22 billion in contracts with the federal government.

Fortune

Japan's currency was one of the first challengers to the U.S. dollar—why 90s predictions of a 'yen bloc' fell apart

Journalists in the 1980s and 1990s worried about the death of dollar dominance. Paul Blustein explains why the yen failed to take the dollar's throne.

Fortune

JPMorgan CEO Jamie Dimon says he will stay CEO ‘a few more years’—and promises ‘no swearing this time’ at latest town hall

Fortune

Exclusive: Crypto venture giant Haun Ventures raising $1 billion for two new funds amid Trump-driven blockchain boom

The firm, led by former federal prosecutor Katie Haun, previously raised $1.5 billion across two funds in 2022.

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