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BIZARRE: 28 | Mind Blowing Facts

The rise of financial nihilism in retail traders

Markets and consumers have diverged over the past five years, and financial nihilism is spreading, with a generation's retirement savings at stake.

Fortune · Jul 31

A 103-year-old company says it has a plan to make AI data centers 'water-neutral'

Also: All the news and watercooler chat from Fortune.

Fortune · Jul 31

Meet the jet-setting fashion editor who turned a New York manicure at 23 into Nails.Inc—despite selling for $40 million, she still wakes at 5:45 a.m.

Victoria Beckham and even McDonald's helped launch Thea Green’s nail polish in America. Now Nails.Inc sells a bottle of polish every minute

Fortune · Jul 31

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Elevance Health’s CEO started her career as a pro basketball player. Now she’s the highest‑ranking woman on the Global 500, leading a $199B giant

Gail Boudreaux credits collegiate athletics with helping to shape her leadership style.

Fortune · Jul 31

This Dutch bookseller thought a request for 3,000 copies was 'spam or phishing.' Instead, AI companies are scanning and destroying books to train AI

"I was shocked!" Pieter de Vries of Haarlem told Fortune. He said several other Dutch antiquarian booksellers received the same request.

Fortune · Jul 31

Microsoft’s $480 billion rally fuels a debate: Financial nihilism or the true AI moat finally coming into view?

The market seems to be in a “rip up the script every day” kind of mode, Steve Sosnick of Interactive Brokers told Fortune. Unless that changes tomorrow.

Fortune · Jul 30

‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world

From humble bookstore to Fortune Global 500 giant, Amazon is now the world’s largest company by revenue.

Fortune · Jul 30

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Ultra-rich are buying up $49 million mansions in London, with ‘Trump unease’ generating a 10% rise in Americans investing in Britain

In the first half of this year, Americans accounted for 30% of London’s luxury home sales above $20 million. A real estate expert blames unease over Trump.

Fortune · Jul 30

A tech podcast inspired AI workers to donate $40 million to improve the lives of chickens, pigs, and other factory-farmed animals

Factory farming has historically been an overlooked cause. Now, tech workers at companies like OpenAI are pouring millions into changing that.

Fortune · Jul 30

30 Georgia homes are being acquired via sale or eminent domain to expand power grid — one affected family member says it’s ‘for the data centers’

Georgia's largest power supply company is reclaiming 30 homes that lay in the path of its power line expansion project through sale or eminent domain. The company says the project is not for a data center, but the substation the line is connecting to sits less than five miles from…

Tom’s Hardware · Jul 30

How Washington's war on 'Wall Street landlords' could backfire on Gen Z renters

John Burns Research and Consulting dubbed it the "Rental Inflation Bill," while ResiClub's Lance Lambert says some landlords are reluctant to get burned.

Fortune · Jul 30

Tariffs, debt, and a stubborn Fed are squeezing consumers

Also: All the news and watercooler chat from Fortune.

Fortune · Jul 30

Trump's dollar déjà vu: what an uncanny chart about the greenback shows about American exceptionalism

"It's the exact same pattern," LPL Financial's Adam Turnquist told Fortune. "Last week, I started refreshing data and here it is."

Fortune · Jul 30

Fast-food execs keep pushing for more AI systems, but fail to see the big picture: Customers still want humans

The fast food industry’s automation push carried a simple promise: Robots would flip burgers, AI would take drive-thru orders, and labor costs would fall.

Fortune · Jul 30

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Fortune · Jul 30

Warren Buffett is handing $140 billion to his family's foundations. The way he's doing it reveals how billionaire philanthropy really works

People assumed Buffett was avoiding taxes or warehousing the money. Experts say the more telling question is how he's giving it away.

Fortune · Jul 30

Public record or not, you might want to put your property into a trust or LLC after the pied-à-terre tax rollout

Trusts and LLCs offer not only anonymity from public records, but also a way to protect your assets from liabilities.

Fortune · Jul 29

Dr. Fauci, the Lockdown Czar, just won’t go away

During the pandemic, two colleagues and I led a comprehensive scientific literature review and meta-analysis about lockdowns, but Fauci didn't listen.

Fortune · Jul 29

Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom

From collapsing car sales to booming services and AI-linked manufacturing, China’s growth engines are pulling in sharply different directions.

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news in one place.

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Fortune · Jul 29

More than 1,200 AI workers are asking for Washington’s help to build an AI slowdown plan

The statement, signed by senior executives at competing companies, calls on the government to help build the tools needed to pace frontier AI development.

Fortune · Jul 29

Hugging Face, OpenAI drop new hack details. Here’s what we know now, and what remains a mystery

The timeline, models involved, and other juicy details are starting to become more clear—nearly 20 days after the attack began.

Fortune · Jul 29

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

Instead of selling Grady-White Boats for $400 million, Eddie Smith Jr. was inspired by Patagonia founder Yvon Chouinard to donate profits to charity.

Fortune · Jul 29

Ultra wealthy are looking to leave the U.K. thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay

As Andy Burnham considers a 2% wealth tax, Taxfix CEO admits millionaires are eyeing up an exit—but says it’s their ‘social responsibility’ to stay

Fortune · Jul 29

Dr. Fauci, the Age of Big Players in science and what his diary reveals about the disputed origins of Covid

In the age of Big Players, even science has become politicized. The most recent evidence is contained in Dr. Anthony Fauci’s diary.

Fortune · Jul 29

OpenAI’s runaway AI agents also breached a customer at a second tech company in a weeklong spree

The breach appears to have been one stop along a broader path. OpenAI said the models had affected four accounts across four publicly available services.

Fortune · Jul 29

What CEOs learned about AI, work, and legacy from their own Gen Z kids

Also: All the news and watercooler chat from Fortune.

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