Mercury tells Fortune it’s reached a key financial milestone: At the end of Q3, the company hit $650 million in annualized revenue, a nice jump from $500 million by the end of 2024. trib.al/bNPk0RU

MacKenzie Scott is still worth more than $35 billion today, despite having donated $19.25 billion through her philanthropic platform Yield Giving. trib.al/W8A8o1o

Just as real estate takes over political discourse, many of the women who have been at the top of the industry are stepping away—losing valuable voices and leaders in a complex moment. trib.al/GVxZ8Sp

President Donald Trump’s housing chief has strongly criticized Federal Reserve Chair Jerome Powell, labeling him a “maniac” and “deranged,” while blaming persistent high interest rates for widespread financial hardship among Americans. trib.al/54khYP3

Consumers may be rattled by inflation and fears about the economy, but that hasn’t stopped them from flocking to Starbucks for the coffee chain’s latest limited offering: a 20-ounce cup shaped like a teddy bear. trib.al/7oB2A5O

The American dream of homeownership, long a symbol of stability, achievement, and upward mobility, is facing unprecedented challenges as the median age of the average first-time homebuyer in the United States has soared to 40 years old. trib.al/xMRI67s

The FAA announced it will start cutting the number of flights in “high traffic” parts of the U.S. as the government shutdown continues and airports suffer from extreme staffing shortages. trib.al/PjhPzmR

As Gen Z questions whether college is worth it, graduates from High Point University had a 99.2% placement rate—far exceeding the national average. trib.al/yXOoEpp

While boomers were able to buy their first homes in cash, the average age of first-time home ownership has now jumped to a record of 40 years old, with high mortgage rates and soaring prices to blame, according to the National Association of Realtors. trib.al/1kF16ow

Imposter syndrome doesn’t signal weakness—it signals you’re exactly where you should be. That’s the counterintuitive message from Scott Galloway, a NYU marketing professor and serial entrepreneur. trib.al/WEDuXEX

Bank of America CEO Brian Moynihan is more interested in using AI to augment work rather than replace people. trib.al/sbF359t

Tempo, a payments-focused blockchain, announced it’s led a $25 million fundraise for the crypto infrastructure company Commonware. trib.al/5mo8yD7

Automakers are in revolt over Apple CarPlay, and some, like Ford CEO Jim Farley, are questioning how much control the tech company should have over a car’s systems. trib.al/X0dA2cQ

Tesla investors on Thursday approved a new compensation package for Elon Musk that could allow the CEO to earn up to $1 trillion worth of company stock. trib.al/ui2aQ6s

Economists seem to have thunk on it and agreed: The K is real. It bears similarities to another saying, invented nearly 200 years earlier by the great English romantic poet Percy Bysshe Shelley: “The rich get richer, the poor get poorer.” trib.al/RL5QHwY

The European Union is considering watering down its flagship AI Act following backlash from Big Tech companies and the US government, according to a report in the Financial Times. trib.al/Uh9BVa3

Cerebras CEO says entrepreneurs should work "every waking minute," and Google's Sergey Brin told Gemini staffers a 60-hour workweek is the “sweet spot”—but experts say that’s outrageous. trib.al/NBIMzTf

Led by Microsoft AI CEO Mustafa Suleyman and part of the broader Microsoft AI business, the new MAI Superintelligence Team will work towards “Humanist Superintelligence (HSI).” trib.al/cMo2KSM

The share of consumers taking out the riskiest form of loans has reached its highest peak this decade, a sign of growing financial stress for many Americans. trib.al/dGwDafD

Mira Nair, 68, stands as one of the most accomplished independent filmmakers of her generation, a director who turned modest budgets into critical darlings and box office successes while refusing to compromise her artistic vision.​ trib.al/L7ZUNLd

President Donald Trump has announced a landmark deal aiming to expand Medicare coverage to include certain weight-loss medications, a move that could dramatically change access to these treatments for millions of older Americans. trib.al/vvsjTBN

As AI becomes table stakes for business efficiency and risk management, Citigroup’s edge lies in how it uses technology to amplify its global reach, says CFO Mark Mason. trib.al/FIpoEiX

Led by Microsoft AI CEO Mustafa Suleyman and part of the broader Microsoft AI business, the new MAI Superintelligence Team will work towards “Humanist Superintelligence (HSI).” trib.al/egF2u5M

For many executives, reading isn’t just a pastime; it’s a performance habit. IBM’s chief commercial officer, Rob Thomas, recently told Fortune that he considers it a discipline worth mastering early in one’s career. trib.al/lQQtwhG

ADP’s private payrolls data came in yesterday with more job gains than expected, leading some to think that the job market remains relatively strong. But others noted that the job growth was still slowing toward “stall speed.” trib.al/c2Xrkh3

“When you graduate, whether it’s high school, or community college, or college, you need the skills to get the job,” JPMorgan CEO Jamie Dimon said in a recent interview with CNN. trib.al/OvbJXlG

Many workers climb the career ladder believing that someone else has to fall off for them to rise. But former U.S. Vice President Kamala Harris says that’s not only wrong—it’s what’s holding people back. trib.al/0He2rGt

Scott Galloway, a serial entrepreneur and professor of marketing at New York University, says some of the most successful people alive owe their prosperity to “big government”—himself included. trib.al/3rOzIdV

At the America Business Forum in Miami on Thursday, JPMorgan CEO Jamie Dimon sketched a provocative horizon line: AI will optimize our work schedules within our lifetime. trib.al/sIPx1u4

It’s official: Elon Musk is on track to become the world’s first trillionaire. trib.al/ynEejhk

Tesla shareholders approved a new executive pay package that would give Elon Musk nearly $1 trillion in stock over the next decade, a record-shattering deal for the world’s richest man. trib.al/k3lD8s4

Delta CEO Bastian told Fortune that his inbox is flooded with thousands of emails per day, and he often spends flights reading through customer feedback. trib.al/H2wWZds

The secret to getting to Mars starts with slashing useless meetings that could’ve been an email, according to plans from Jared Isaacman, the billionaire tapped to lead NASA. trib.al/r12fQ9S

On Tuesday, Bitcoin’s price dipped about 21% since its all-time high last month to roughly $99,000, while other cryptocurrencies fell even more sharply. trib.al/2r49vwn

At long last, Epic Games and Google have reached a settlement in the U.S. On Tuesday, the companies jointly filed a settlement in federal court in San Francisco, agreeing to changes that lower fees and expand choice for developers and users. trib.al/dMq94ki

JPMorgan CEO Jamie Dimon, who runs a $4.5 trillion bank with 300,000 employees, still reads customer complaints himself, a habit he says keeps him connected to reality inside one of the world’s most powerful financial institutions. trib.al/XeYXrYQ

Political scientist Robert Putnam linked decades of social disintegration directly to the rise of populist authoritarian figures like Donald Trump—as well as to Gen Z’s struggles with anxiety and poor mental health. trib.al/zOspAmX

Layoffs have hit the highest level for the month of October since 2003, and hiring has slowed to the lowest point in 14 years as companies look to cut costs and make room for AI integration, according to a new report from Challenger, Gray & Christmas. trib.al/E5zhHmn

In a growing number of deals, it turns out, a chunk of the money raised doesn’t go to the startup, but instead into the pockets of the founder. trib.al/pEmSbv0

There will be a 10% reduction in capacity at 40 airports, Transportation Secretary Sean Duffy said Wednesday. That amounts to thousands of flights each day, primarily domestic and regional. trib.al/FIbQFop

In the 2020 email correspondence to Mark Zuckerberg and Marc Andreessen, Peter Thiel wrote that “if one has no stake in the capitalist system, then one may well turn against it.” trib.al/f9mXl15

Pope Leo XIV doesn’t like Elon Musk’s trillion-dollar pay package at Tesla. Nor does Norway’s sovereign wealth fund. Still, odds are high that the world’s richest man will get his way as shareholders are rightly worried that he will walk if he doesn’t. trib.al/4s033L2

Zohran Mamdani, 34, will be the city’s youngest mayor in over a century, unlocking a new era of leadership that’s likely to look very different from his boomer predecessors. trib.al/y6zYLXe

Employees are using public AI tools such as ChatGPT, Gemini, Copilot, and Claude either without company approval or in ways that violate policy—like feeding sensitive or regulated data into external systems. trib.al/hxKST2R

Gen Z is rushing back to the classroom to dodge AI disruption as law-school applications have jumped 33% compared to this time last year. trib.al/M6ZUB5G

Robinhood stated that prediction markets have grown to $100 million in annualized revenue, and that revenue in October from the category eclipsed that of the entire previous quarter. trib.al/BGCU7Mu

Novo Nordisk’s path to success lies in its ability to create the next healthcare-altering drug. This, says Novo CFO Karsten Munk Knudsen, will be the “silver bullet” to defending key markets from competitors. trib.al/PXTV1e4

A new analysis by GoBankingRates has just revealed that to make it to New York City’s top five percent, households need to bring in $619,178 annually. trib.al/xvbsdfm

Over the past few months, women’s labor force participation rate has started to drop, whereas men’s has trended slightly higher. trib.al/EppB2cZ

WeRide CEO Tony Han says the funds raised through the Hong Kong listing will help the robotaxi firm continue to spend on R&D and deployment. trib.al/z8jeXUs