Rachel Romer built a $4.4 billion education unicorn by 34—then she had a stroke. Now her CEO successor reckons with Guild’s new chapter
Guild had always tried to develop a path forward for American workers, but Romer’s ordeal forced her and her team to contend with the startup’s own future.
Fortune3h
We’re about to get central bank rate cuts soon—but not from the Federal Reserve: Here’s who is expected to ease in the coming week
The European Central Bank, led by Christine Lagarde, is expected to cut its benchmark rate on Thursday. Hannes P. Albert—Picture Alliance via Getty Images The European Central Bank could open the door ...
Fortune3h
Rolex watches are getting more expensive because gold prices have soared to record highs
The price of gold has surged 14% this year, touching an all time high of $2,450 an ounce in May. Jakub Porzycki—NurPhoto via Getty Images Rolex SA raised prices for some of its precious metal watches ...
Fortune1d
Saudi Arabia’s oil giant sees massive stock offering sell out in hours as investors clamor for annual dividend payouts of $124 billion
Saudi Aramco CEO Amin Nasser at the CERAWeek conference in March. F. Carter Smith—Bloomberg via Getty Images Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in ...
Fortune4h
Media mogul Rupert Murdoch, 93, ties the knot for the 5th time, marrying the ex-wife of a billionaire energy investor and Russian politician
Rupert Murdoch and Elena Zhukova got married Saturday at his vineyard estate in Bel Air. News Corp. via AP Media magnate Rupert Murdoch, 93, has married for the fifth time, his corporation, News Corp, ...
Fortune4h
Home prices could start falling this summer, marking the ‘first domino to fall’ on the way to a weaker economy, strategist says
"The housing market is really the first domino to fall on what we think is going to be a slower growth story down the road," said Brian Nick, senior investment strategist at the Macro Institute. Getty ...
Fortune6h
Elon Musk reportedly cussed out a JPMorgan exec years ago, but his cold war with Jamie Dimon may be starting to thaw
Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon are warming up to each other, the Wall Street Journal reported. Andreas Solaro—AFP via Getty Images Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon ...
Fortune2d
The cost of housing has skyrocketed since Biden’s presidency. Now a study says it could help him win critical states in the election
President Joe Biden is facing a tough reelection contest with consumers worried about the high cost of living. Chip Somodevilla/Getty Images Housing affordability is set to be a dominant issue of the ...
Fortune1d
Nvidia’s market cap could more than triple to $10 trillion as it enjoys an ‘impenetrable’ advantage over AI rivals, analyst says
Nvidia CEO Jensen Huang gets ready to throw the ceremonial first pitch before a game between the CTBC Brothers and Wei Chuan Dragons on Saturday in Taiwan. In just the past year, AI chip leader Nvidia ...
Fortune11h
OPEC+ extends oil production cuts through all of 2025 to help prop up weaker crude prices
The OPEC+ alliance decided to hold steady its production levels, which include collective cuts of 2 million barrels per day, through Dec. 31, 2025. Getty Images Saudi Arabia and allied oil producing ...
Fortune15h
As the climate heats up, meteorology emerges as the new hot degree on Wall Street
Financial firms are creating a new job market for meteorologists as they seek an edge in competitive commodities and energy markets. Getty Images When Kim Bentzen graduated with a meteorology degree ...
NYC’s Eric Adams, who is waging all-out war against rats, get ticketed for 5th rodent violation on his property since becoming mayor
A city health inspector observed fresh rat droppings and a rat burrow “at the front left base of the staircase of the property.” ...