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The $265 billion private credit meltdown: How Wall Street’s hottest investment craze turned into a panic | Fortune
It was a glorious time to make money. From early summer 2023 to the close of January 2025, private equity stocks staged what may rank as the single biggest surge, over a tight time frame, in the annals of...
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U.S. hits military targets on Iran’s Kharg Island as war escalates | Fortune
President Donald Trump said the US had bombed military targets on a critical Iranian outpost in the Persian Gulf and threatened additional strikes targeting oil infrastructure if Tehran continued to block energy flows, in the latest escalation of the...
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Palantir CEO Alex Karp says there was ‘never a sense’ AI products would be used for domestic surveillance in Anthropic-DoD feud | Fortune
Right in the middle of the ongoing feud between the Silicon Valley AI company Anthropic and the U.S. Department of Defense over whether the military will use—or not use—Anthropic’s large language models is yet another company: Palantir.Palantir, the Miami-based...
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Judge quashes Fed subpoenas, saying DOJ has ‘produced essentially zero evidence’ against Powell, who hints at future as board governor | Fortune
A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill.The investigation into testimony last June by Chair Jerome Powell...
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U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns | Fortune
Jason Ma -
This rom-com formula is now a staple of holiday TV programming: a busy professional from the big city goes back home for Christmas and falls for a local guy after admitting her current boyfriend wasn’t her true soul mate.According...
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Flagship Dubai crypto conference Token2049, in sudden reversal, cancels due to Iran war | Fortune
On Friday morning, the flashy crypto conference Token2049 Dubai, scheduled for late April, announced that it would not take place until 2027 amid war in the Middle East, according to a statement. On March 6, organizers had told Fortune...
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More people will own a humanoid robot than a car by 2060, BofA predicts | Fortune
The robot revolution won’t be driven by science fiction, according to Bank of America. It will be driven by demographics.In a detailed research note, BofA Global Research projects that the global humanoid robot population will reach 3 billion units by...
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The dark side of being the office all-star: overachievers are burning out so hard it’s being called a ‘competence hangover’ | Fortune
If you’re always the first to volunteer and the last to leave, you might be heading for a “competence hangover.” That’s at least according to Peter Duris, CEO and co-founder of career platform Kickresume, who is sounding the alarm...
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‘What a waste of money’: Shark Tank star Kevin O’Leary urges couples to ditch the extravagant wedding and do this instead | Fortune
Shark Tank’s Kevin O’Leary urges couples to think about their future together before they shell out for a big wedding. The investor and founder of O’Leary Ventures, who is known for his blunt takes on everything from remote work to...
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The U.S. Mint dropped the olive branch from the dime. What does that mean for the country? | Fortune
The U.S. Mint unveiled new designs for the country’s 250th anniversary and it left out one key detail: the olive branch from the newly designed dime. The new reverse shows a bald eagle mid-flight, arrows clutched in its left...
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Explosion at Amsterdam Jewish school ‘a deliberate attack’ says mayor
Security had been increased at Jewish public institutions following an earlier incident in Rotterdam.
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