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Fortune.com

Joined March 2009

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@FortuneMagazine
Aug 3
#FortuneDaily, a new video show hosted by @Ellie_Austin_ that dissects the day's headlines to deliver the insights global decision-makers need to navigate a rapidly changing business landscape and world, is launching today. Subscribe to #FortuneDaily here 👉
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9h
Crystal Springs is one of a small but growing number of Silicon Valley private schools that have built what amount to miniature venture capital funds. bit.ly/3RMg6kZ
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10h
“Team Bessent isn’t exactly hat in hand. But decades of assuming that Asia’s central banks dutifully would keep buying U.S. debt are catching up with Washington. Each Jenga piece gets harder to pull without something toppling.” bit.ly/4wsElCE
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12h
Slok estimated that the refund money will contribute about 0.2 percentage point to Q3 GDP growth, which the Atlanta Fed says is tracking toward 4.3%. “In short, the market is underestimating how strong growth is right now. As a result, rates will stay higher for longer.”
Tariff refunds are juicing corporate profits and GDP, as more tailwinds converge to propel growth...
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14h
Prediction market Kalshi has exploded in recent years, reaching a $22 billion valuation. For the company’s 30-year-old CEO, Tarek Mansour, getting there hasn’t meant following the wisdom of business school professors or management gurus—it’s been ignoring advice altogether.