Business

Jamie Siminoff’s Olympic-level prep turned a rejected offer into a $1 billion exit.

Grocery Outlet, the Emeryville-based supermarket chain, is closing 36 stores as part of an optimization plan.

Researchers' "key finding," was that "models asked to do grinding work were more likely to question the legitimacy of the system."

The Defense Production Act provides the president broad authorities to influence domestic industry in the interest of national defense or emergencies.

The market gained attention following allegations Brandon Lutnick, the son of Commerce Secretary Howard Lutnick, participated in the otherwise legal trade with conflicts of interest.

Nearly two-thirds of Republicans worry that the government is making vaccine policy decisions based on political considerations. I'm alarmed.

A new report reveals how long $1 million in retirement savings will last in every U.S. state, and it's not long enough.

Alphabet, Amazon, Meta, Microsoft, and Oracle are spending billions to fund the AI buildout—but overinvestment risk means there will be “winners and losers,” said Pimco’s chief investment officer.

Breakaway Music Festival tickets can cost as little as $40 for a college student, but pack the same punch as other festivals with major artists like Kygo and Tiesto.

Is AI taking jobs? Or are companies cutting jobs to pay for the enormous capex outlays on AI?

The U.S. plans to offer tanker and cargo insurance in a scramble to get exports moving—and ease prices.

The U.S. says it has hit more than 3,000 Iranian targets in the first week of the war, as the Gulf remains on high alert for retaliatory strikes.

Economist Heather Long says the U.S. economy is diverging into three tiers of consumer behavior instead of two, amid an ongoing affordability crisis.

Saks Global is closing the Neiman Marcus department store at Ala Moana Center as part of ongoing restructuring efforts, the luxury retailer said in a news release today.

While filling up your tank this week, you may have felt the squeeze on your wallet.

Rising energy prices threaten to stoke inflation and hobble economic growth in countries around the world.

Wall Street's three main indexes closed down on Friday amid a sudden setback in the labor \u200bmarket and a 12% spike in oil prices due to the escalating conflict in the Middle East.

Kalshi faces a $54 million lawsuit after traders accused the prediction market of invoking a “death carveout" to avoid paying bets tied to Iran’s Supreme Leader.

Vinay Prasad is leaving his post as director of the Center for Biologics Evaluation and Research.

"Unfortunately, the tech bros, who are obviously advocates of this, are at the same time pushing for smaller government," Stiglitz told Fortune.

Palantir's stock had its best week since August and outperformed all of its large-cap tech peers after the U.S. attacked Iran.

No, the United States did not add 92,000 jobs last month.

Prasad, ousted as CBER director last July only to be reinstated two weeks later, was recently involved in controversial rare disease treatment decisions.

Is it good politics to preside over job losses and rising gas prices? We’ll find out!.