Fortune Media Inc.

Fortune Media Inc. is a reputable news organization that reports on business, finance, and economics. It covers a wide range of topics related to these fields and provides in-depth analysis and commentary. The site may have conflicts of interest due to its coverage of companies and industries it may have financial ties to.

94%

The Daily's Verdict

This news site is known for its high journalistic standards. It strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. It has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

95%

Examples:

  • Fortune Media Inc. is a highly respected and influential news organization that reports on business, finance, and economics.
  • The site covers a wide range of topics related to these fields, often providing in-depth analysis and commentary.

Conflicts of Interest

100%

Examples:

  • Fortune may have conflicts of interest due to its coverage of companies and industries that it may have financial ties to.

Contradictions

85%

Examples:

Deceptions

85%

Examples:

Recent Articles

  • Tractor Supply Eliminates Diversity Roles and Retires DEI Goals Amid Controversy

    Tractor Supply Eliminates Diversity Roles and Retires DEI Goals Amid Controversy

    Broke On: Sunday, 30 June 2024 Tractor Supply Company, ranked No. 32 on the National Retail Federation's Top 100 retailer list, has eliminated DEI roles, retired current DEI goals, and stopped submitting data to the Human Rights Campaign following criticism from customers and conservative activists. The controversy sparked an uproar from other customers and advocacy groups.
  • Redbox Parent Company Files for Bankruptcy: Impact on DVD Rentals and Employees

    Redbox Parent Company Files for Bankruptcy: Impact on DVD Rentals and Employees

    Broke On: Sunday, 23 June 2024 Chicken Soup for the Soul Entertainment, parent company of DVD rental service Redbox, files for Chapter 11 bankruptcy protection due to financial difficulties including missed payments to vendors and filmmakers. The filing comes after employees went without payroll for over a week and medical benefits were suspended. It is unclear how this will impact Redbox's operations or its customers.
  • Housing Market Shifts: Homes Sell Below Asking Price for First Time Since Pandemic, Prices Cool and Buyers Gain Power

    Housing Market Shifts: Homes Sell Below Asking Price for First Time Since Pandemic, Prices Cool and Buyers Gain Power

    Broke On: Sunday, 30 June 2024 Amidst cooling housing market trends, homes now sell below asking price for the first time since the pandemic began. The typical U.S. home sold 0.3% under its list price in late June 2024, marking a significant shift from previous years when homes typically sold at or above their asking prices. Sellers have been reducing prices by about 7%, compared to a decrease of 4.7% last year, as inventory remains low and demand eases slightly.
  • Lumber Market Prices Plummet: Economic Conditions, Decreased Demand, and Oversupply Drive Down Prices by 38% and 12% for Western S-P-F and Southern Yellow Pine

    Lumber Market Prices Plummet: Economic Conditions, Decreased Demand, and Oversupply Drive Down Prices by 38% and 12% for Western S-P-F and Southern Yellow Pine

    Broke On: Tuesday, 25 June 2024 The lumber market has experienced a significant drop in prices due to uncertain economic conditions, decreased demand for housing and renovations, excess capacity in lumber and panel manufacturing, and record low U.S. housing affordability. Southern yellow pine has shown less volatility than spruce or Douglas fir/Hem fir and is priced more affordably. Experts predict continued decreased demand for housing and renovations in the coming months, influenced by the Producer Price Index, the Fed's rate decisions, and ongoing economic factors.
  • Joe Biden's Replacement: A Complex Process for Democrats

    Joe Biden's Replacement: A Complex Process for Democrats

    Broke On: Friday, 28 June 2024 Despite concerns among Democrats about Joe Biden's performance and potential replacement as the 2024 nominee, it would be challenging to remove him due to party rules and delegates' loyalty. If Biden withdrew before being formally nominated, a special meeting could be called to select new nominees, but Harris would still need a majority of delegates.
  • CDK Cyberattack Disrupts Thousands of North American Car Dealerships: Demand for Millions in Ransom Payments

    CDK Cyberattack Disrupts Thousands of North American Car Dealerships: Demand for Millions in Ransom Payments

    Broke On: Wednesday, 19 June 2024 A major cyberattack on CDK, a software provider for car dealerships, has caused widespread disruption across North America, affecting over 15,000 retail locations. The hackers are demanding ransom payments and the impacted dealerships face delays in transactions and financing. CDK's parent company, Brookfield Business Partners LP, has not yet commented on the situation.
  • Record-Breaking Floods in Sioux City and Midwest: Evacuations, Damage, and Climate Change

    Record-Breaking Floods in Sioux City and Midwest: Evacuations, Damage, and Climate Change

    Broke On: Sunday, 23 June 2024 Historic flooding in Sioux City, Iowa, and the Midwest forces evacuations and causes significant damage. The Big Sioux River reaches record-breaking levels of 44.25 feet, with the Missouri River predicted to crest at 31.1 feet on Monday. Nine people rescued in Sioux Falls, South Dakota, and at least 13 rivers flooded in northwest Iowa. Governors declare emergencies as flood warnings and watches issued for several states.
  • Microsoft Copilot: The AI Assistant Revolutionizing Productivity in the Digital Age

    Microsoft Copilot: The AI Assistant Revolutionizing Productivity in the Digital Age

    Broke On: Tuesday, 18 June 2024 Microsoft Copilot, an AI platform integrated into Windows 11, Microsoft 365, Bing Search, and Edge Browser, assists users with administrative tasks and enhances productivity. Popular among financial advisors for time-saving benefits. Continuously evolving with new features like a mobile app and integration into Outlook, Word, Excel, OneNote, and Teams. Criticized for enabling multiple meetings simultaneously but poised to streamline workflows.
  • How Nvidia's Foresight and Intel's Missed Opportunity Shaped the AI Chip Market: A Detailed Analysis

    How Nvidia's Foresight and Intel's Missed Opportunity Shaped the AI Chip Market: A Detailed Analysis

    Broke On: Tuesday, 18 June 2024 In the mid-2000s, Intel CEO Paul Otellini declined Steve Jobs' offer to produce chips for the iPhone due to a lower price. This decision led Intel to lose its position in the mobile market, allowing Nvidia to become the world's most valuable company with a focus on AI technology and GPUs.
  • Four Wall Street Banks Identified with Derivatives Issues in Regulatory Wind-Down Plans: JPMorgan, Bank of America, Goldman Sachs, and Citigroup

    Four Wall Street Banks Identified with Derivatives Issues in Regulatory Wind-Down Plans: JPMorgan, Bank of America, Goldman Sachs, and Citigroup

    Broke On: Sunday, 23 June 2024 Four major Wall Street banks, including JPMorgan Chase, Bank of America, Goldman Sachs, and Citigroup, have been identified by US regulators as having weaknesses in their wind-down plans. The Federal Reserve and FDIC found issues with how each bank handles derivatives. These findings follow similar weaknesses identified in living wills of four other large banks earlier this year.