Fortune11h
The ANC party that freed South Africa from apartheid loses its 30-year majority, signaling first-ever coalition government to come
South African President, Cyril Ramaphosa cast his vote on Wednesday. Chris McGrath—Getty Images The African National Congress ...
Fortune1d
U.K. millennials will probably never experience the same income boom as Gen X and baby boomers, major study shows
Whether you’re Gen Z, a baby boomer, or somewhere in between, if you’re an adult living in the U.K., you’ve probably had the ...
NYC’s Eric Adams, who is waging all-out war against rats, get ticketed for 5th rodent violation on his property since becoming mayor
A city health inspector observed fresh rat droppings and a rat burrow “at the front left base of the staircase of the property.” ...
Costco CEO promises the hot dog and drink combo will never cost more than $1.50
Costco's CEO has promised customers will never pay more than $1.50 for the hot dog and drink combination.
Fortune20h
I went to a ‘fitness hotel’ in Dubai, where execs shell out thousands for grueling workouts, luxe recovery sessions, and Michelin-starred feasts
That’s the enticing pitch—to be an all-expenses-paid guinea pig for a new kind of luxe fitness hotel, Dubai’s SIRO One ...
Fortune14h
Nvidia’s market cap could more than triple to $10 trillion as it enjoys an ‘impenetrable’ advantage over AI rivals, analyst says
Nvidia CEO Jensen Huang gets ready to throw the ceremonial first pitch before a game between the CTBC Brothers and Wei Chuan Dragons on Saturday in Taiwan. In just the past year, AI chip leader Nvidia ...
Michael Dell’s net worth sinks the most in a single day, falling by $11.7 billion after shares of his company suffer record selloff on weak revenue
While Dell Technologies reported its first quarterly revenue increase in two years, it wasn’t enough to impress investors ...
Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns
The more the Fed insists that the next move in interest rates is a cut, the more financial conditions will ease, making it ...
Fortune11h
The best-performing stock on the S&P 500 is a ‘unicorn’ that joined the index less than a month ago and is beating Nvidia
The demand to feed the engines of artificial intelligence has helped vault shares of one of the largest US power producers, Vistra Corp., higher even than Wall Street darling Nvidia Corp. Investors, ...
Fortune10h
The housing market is finally seeing more inventory, but buyers aren’t showing up as a ‘cold reality is settling down’
“Without the rate cuts, a cold reality is settling down on the housing market,” Robert Frick, corporate economist for Navy ...
Fortune1d
Mark Zuckerberg is quietly sitting on a shopping empire with 4 times the customers of Amazon, as Facebook Marketplace skyrockets
Ethan Gaskill, a 29-year-old content creator, begins everyday the same way: “When I wake up in the morning—most people get on ...
Fortune2d
AI companies are competing for talent with more than pay packages and GPU access. Their position on AI safety may be starting to matter too
Former OpenAI board member Helen Toner, seen here speaking at a conference in September 2023, has revealed that OpenAI CEO ...