Business

How to kill the Fed’s independence
If Trump wanted to take control, its constitutional protections are far from secure

Exclusive: Metronome, usage-based billing startup, raises $50 million Series C
Metronome has raised a $50 million Series C, led by NEA, Fortune can exclusively report. Read More

US bond yield slide hits dollar
Treasury yields have declined amid signs US economic growth is slowing

UK to raise defence spending to 2.5% of GDP by 2027
Starmer announcement of ‘biggest sustained rise’ since cold war comes ahead of Trump meeting on Thursday

Germany’s economy shrinks again as manufacturing and exports falter
A manufacturing slump and export decline are among the major challenges awaiting Friedrich Merz, who won Germany’s national election at ...

‘Enough is enough’: Europe’s leaders are piling pressure on the EU to release $200 billion of frozen Russian assets to fund Ukraine
A rift is emerging between the east and west of the EU over what to do with Russia’s seized central ...

Hedge fund boss Steve Cohen turns negative because of DOGE and tariffs—a ‘significant correction’ could be coming
Meanwhile JPMorgan CEO Jamie Dimon says he’s adopting more of a wait-and-see approach as it’s still early days for the ...

MSCI CEO: The 5 D’s reshaping global investing
Henry Fernandez says twin revolutions in data and technology are driving five big investment trends. Read More

Milan Fashion Week dazzles with Gucci opening, but luxury sector struggles with slowdown
As Milan’s runways light up with glamour, the fashion world grapples with slumping sales, China’s slowdown, and a luxury market ...

Unilever bets on ‘maverick’ new CEO to accelerate shake-up, ousting Hein Schumacher
“The step-up from CFO to CEO by Fernandez will be liked by many investors,” Jefferies analyst David Hayes said of ...

Attacks on DEI assume a level playing field where none exists—and threaten America’s future prosperity
Nowhere is the danger more apparent than at the intersection of race and gender—and for Black breadwinner moms in particular. ...

Palestinians drop Coca-Cola for local alternative over U.S. support for Israel—’No one wants to be caught drinking Coke’
In the West Bank, a boycott has shuttered two KFC branches in Ramallah. But the most noticeable expression of consumer ...

NHS chief Amanda Pritchard resigns
Departure comes as government seeks to tighten control over health service

Federal workers return to the office as Elon Musk warns that those who don’t will be placed on administrative leave
Lee Zeldin, Trump’s new administrator of the Environmental Protection Agency, said Monday on X, “Full-time, COVID-era remote work is DONE ...

‘Bitcoin outperforms everything’: Michael Saylor of Strategy on the future of money
Also: Apple announces $500 billion investment, but UBS has doubts, a conversation with Levi Strauss CEO Michelle Gass. Read More

Thieves targeting freight trains make off with $2 million worth of Nikes
Authorities are investigating at least 10 heists targeting trains in remote areas of the Mojave Desert since last March. Read ...

Elon Musk, father of 13, thinks the world is facing an ‘underpopulation crisis’; the UN says the population will continue growing until 2100
A UN population report pours cold water on Elon Musk’s fears that declining birth rates will lead to “population collapse.” ...

Apple shareholders expected to reject proposal to scrap corporate workforce diversity programs
The proposal drafted by the conservative think tank National Center for Public Policy Research urges Apple to follow other high-profile companies that have retreated ...

DOGE has canceled over 1,100 federal contracts but nearly 40% of them aren’t expected to save the government any money
Data published on DOGE’s “Wall of Receipts” shows that more than one-third of the contract cancellations, 417 in all, are ...

Republicans idolize DOGE’s Gen Z techies: ‘The young guns are taking over the country for the better’
“He attracts a young, very smart type of person,” Trump said of Musk. “I call them high-IQ individuals.” Read More

Far-right surge: Here’s where nationalist parties are reshaping Europe
From Germany to Italy, hard-right parties are gaining ground across Europe, influencing policies and shaking up political landscapes. Read More

German bosses are blaming the country’s economic woes on ‘work-shy’ Gen Z calling in sick nearly 20 times a year
Germany’s economy would have grown by 0.5% instead of contracting in 2023 if illness wasn’t so high, researchers say. Read ...

Theranos’ Elizabeth Holmes losses bid to overturn her fraud conviction
The three-judge panel also upheld the fraud conviction of Holmes’ former business partner and lover Ramesh “Sunny” Balwani — as well as ...

This is the one thing parents can do now to help their kids feel confident asking for pay raises later in life
Conversations around financial literacy prove important to later money choices for adults Read More

U.S. splits with European allies as it refuses to blame Russia for Ukraine war in UN votes
The U.S. abstained from voting on its own resolution after Europeans. led by France, succeeded in amending it to make ...

Trump has promised a massive immigration crackdown. Here’s what to know if ICE comes knocking at your business door
Companies need to start preparing their workplace now, lawyers say. Read More

A veteran of the only successful government reduction effort in 30 years has a warning for Elon Musk: ‘All hell is going to break loose’
Clinton’s ‘reinventing government’ effort cut 400,000 federal workers and made bureaucracy more efficient—by doing the opposite of DOGE. Read More

Palantir trades at 500 times earnings. CEO Alex Karp’s vision of a government ruled by tech could justify the price
Karp believes Big Tech needs to refocus on the military and national security work at the heart of Silicon Valley’s ...

Miami’s Billionaire’s Beach offers an art-deco touch—and $110 million condos
Billions of dollars in investment along Miami’s South Beach is remaking the oceanfront. Read More

Frugal February, a money challenge designed to give you a financial reset
By cutting frivolous spending in February, one American understood that she was better off without her daily Starbucks or trip ...