search
Fortune
Trends
- 1Nearly half of US home sellers now offering incentives●From cruises to $20,000, almost half of home sellers are offering incentives to unload properties
Almost half of home sellers are offering incentives to attract buyers, ranging from cash concessions of up to $20,000 to perks like free cruises, according to Fortune. The trend reflects a cooling housing market in which buyers have regained leverage, prompting sellers to sweeten deals rather than cut list prices outright.
- 2
Demna presented a new collection at Gucci, in what is being framed as a moment of 'retail therapy' for the storied Italian fashion house. The New York Times covered the show, weighing whether the designer's arrival can revive Gucci's commercial fortunes after a difficult stretch for the brand. Fashion watchers are debating whether his darker, statement-driven aesthetic will translate into sales at Kering's biggest label.
- 3Economists say U.S. debt burden worse than Japan's despite size gap●Japan’s debt is twice the size of its economy—but economists warn U.S.’s $40 trillion sum is worse
Japan carries public debt equal to roughly twice its gross domestic product, the highest ratio among major economies. Yet economists quoted by Fortune argue the United States' roughly $40 trillion national debt is the more serious problem, pointing to faster growth in borrowing, political gridlock over spending, and the dollar's global role making U.S. fiscal risks harder to contain.
- 4Treasury yields hit two-decade highs, worsening U.S. debt outlook●Here's how much worse U.S. debt could get as Treasury yields surge to the highest levels in two decades
Treasury yields have surged to their highest levels in about two decades, sharply raising the cost of servicing U.S. federal debt. Analysts cited by Fortune warn that borrowing at these rates could push the national debt burden significantly higher, adding pressure on government budgets and fueling debate over fiscal policy in Washington.
- 5ShinyHunters widens PeopleSoft hacking campaign after FBI site defacement●ShinyHunters expands PeopleSoft hacking spree days after defacing the FBI jobs site
The hacking group ShinyHunters has broadened its cyberattack campaign targeting Oracle PeopleSoft systems, according to Fortune. The escalation came just days after the group defaced the FBI's jobs website. The targeting of widely used enterprise HR and finance software raises concerns about how many organizations may be exposed, and security teams are being urged to check their PeopleSoft deployments.
- 6Supreme Court Strikes Down Republican Gerrymander in Missouri●Election Dispatches: Democrats Notch a Win as the Supreme Court Tosses a Republican Gerrymander in Missouri
The Supreme Court has rejected a Republican-drawn congressional map in Missouri, a decision that hands Democrats a notable win in the ongoing battle over redistricting. The ruling could force Missouri to redraw its district lines, potentially making at least one congressional seat more competitive and affecting the balance of the House. Election watchers are weighing how the decision fits into a broader national fight over gerrymandering ahead of upcoming contests.
- 7Third arrest in death of Tasia Fortune after police say hanging was staged●Third person arrested in death of Tasia Fortune, as police say hanging was staged
A third person has been arrested in connection with the death of Tasia Fortune, after police concluded that her hanging was staged. Investigators are treating the case as involving foul play, and the arrests point to an ongoing criminal investigation. The development has drawn wide attention as further details about the circumstances of her death and the suspects' roles remain limited.
- 8Trump-backed sticker magnate eyes congressional seat●The bizarre backstory of the Trump-endorsed sticker mogul who could be headed to Congress
A businessman who made his fortune in stickers, endorsed by Donald Trump, is running for Congress and drawing attention for an unusual personal and professional history. Reporting has focused on the strange details of his background as his campaign gains traction, raising questions about what kind of candidate the former president is backing in this race.