More than half of job candidates are using AI to apply for jobs. Meanwhile, nearly 90% of companies are using AI to screen candidates, overwhelmed by a staggering volume of résumés. So, if both sides are using AI with such…
Elon Musk may be about to use SpaceX’s soaring valuation as a lifeline for Tesla—and in doing so, create a combined giant that potentially loses money. A new Fortune analysis by my colleague Shawn Tully lays out the math behind…
Data is the oil of the AI boom—and the startup Mecka AI hopes to tap the vast reservoir of hand gestures, walking gaits, and immense collection of humanity’s physical motions to better train our future overlords: robots. So-called “embodied” AI…
Binance, the world’s biggest cryptocurrency exchange, announced on Monday that its users will be able to trade more than 7,000 U.S. stocks and ETFs. The company also announced an upcoming plan to allow customers to convert the stocks they hold…
The scene plays out in family offices from Greenwich to Geneva, in slightly different variations but with a familiar arc. A junior analyst — often the founder’s grandchild, or close to it — has spent the last six months running…
Before Boeing named Kelly Ortberg as CEO in August of 2024, the airplane-maker was an enterprise in crisis, and faith was fading that arguably the most iconic of American manufacturers would ever regain its lost luster. Just as Boeing was…
Additional contributions by Haohsiang Ko, Chris Campbell and Annalee Mather. The location and route of the tunnel system for the hydropower dam are indicative, as official designs have not been made public. While the route shown is approximate, it follows…
Former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honoring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential…
Graham Platner’s wife called the media reports that her husband had previously exchanged sexually explicit text messages with several women “shameful” over the weekend, the latest controversy to hit the Maine Democrat’s whirlwind Senate campaign. Platner, an oyster farmer and…
Israel expanded its ground assault in Lebanon with its broadest incursion into the country in a quarter-century as Hezbollah — Iran’s most powerful regional ally — stepped up attacks on Israel’s north. According to the Israeli military, Hezbollah fired more…