Financial Mindset

This summer, millions of students are turning their tassels and heading into an uncertain job market. Aside from looking into the crowded fields of big tech and Wall Street, Gen Zers may have luck getting into real estate. Against all odds, the stubborn housing market has become a hotspot for young talent.  In April, LinkedIn ranked real estate as the second fastest-growing sector for new grads over the last three years, spanning those who recently completed their high school diploma, associate’s degree, bachelor’s, or apprenticeship. Real estate is only topped by popular industries like technology, information, and media, but still ranks higher than others like financial services, utilities, and construction. The jobs platform also identified new home sales specialists as the third fastest-growing role in the United States, according to a different 2026 report .  Kory Kantenga, head of economics, Americas at LinkedIn, tells Fortune that the real estate industry is particula...

“Lake Michigan has sort of got a personality,” Paul Florsheim said wryly, as if describing an old friend rather than the center of a legal battle that has consumed the last year of his life. “It changes its moods all the time. I go all throughout the year, even in the bitterest part of winter, because it’s just beautiful down there. You have these ice flows, and they’re sort of like volcanoes, and the waves come crashing through these structures. It’s like another world.” Florsheim has been walking that world, a stretch of the Lake Michigan shoreline in Shorewood, Wis., a small village north of Milwaukee, for more than 50 years, since his childhood. He walked it with his parents. He walked it when he returned to his hometown in 2008 after 30 years away. He walked it with his dog in the early mornings, before anyone else was out, in every season. Courtesy Florsheim’s stepdaughter Jessica Lakind and her mother Marcy Lichterman An...

President Donald Trump on Saturday said he is nominating Lance Schroyer, a former Oklahoma state trooper, as the next director of  Immigration and Customs and Enforcement . Trump said on his Truth Social platform that his new pick for the immigration enforcement agency is a former U.S. Marine and a “PATRIOT with real operational experience.” He called Schroyer a “proven leader with DECADES of experience locking up the worst of the worst.” Schroyer hails from the same home state as the new Department of Homeland Security Secretary Markwayne Mullin, a former congressman. Earlier this month, Mullin brought Schroyer onstage at a National Sheriffs’ Association event, calling him a “good friend of mine” and noting DHS had recently hired him. On Saturday, Mullin quickly praised Schroyer in a statement highlighting the former trooper’s 29-year career and his work with federal and state partners on a U.S. immigration enforcement program. “Presi...

Wall Street overwhelmingly expects the Federal Reserve to hike rates later this year, but a few contrarians still insist the opposite will happen. According to CME’s FedWatch tool , investors have priced in 77% odds that the central bank will lift the benchmark rate by a quarter-point or more by the end of the year. That’s as the U.S.-Israeli war on Iran sent oil prices soaring, while the recent ceasefire hasn’t seen an equivalent dive in costs. In addition, the AI boom has created a chip shortage that’s making consumer electronics more expensive. Meanwhile, GDP was revised higher, the job market has also firmed up, and the tsunami of cash tech giants are raising signals monetary policy isn’t that restrictive. And for good measure, Kevin Warsh’s first press briefing as Fed chairman last week stunned Wall Street with his hawkishness, clinching the case for tightening. On Monday, analysts at Bank of America predicted the Fed would incre...

We’ve all received them. A misspelled message from a nameless, so-called recruiter, likely from a sketchy iCloud or Outlook email address, telling you they have the perfect job opportunity for you. An obvious scam.  But the days of weak attempts to siphon your information are over. In the AI era, scams are getting more sophisticated and persistent (and unavoidable).  Take Mary Ann Morrison, an instructional design manager based in Fayetteville, Arkansas. After applying for a position at the University of Arkansas in Little Rock, she received an email asking to set up an interview. “They were asking me to meet up with them. They asked the time and everything. It sounded very professional,” Morrison told Fortune . The recruiter sent over a link for a Microsoft Teams meeting. “When I went and looked at the link, I realized this doesn’t look quite right. It doesn’t look like Teams.”  The link told her she needed to update Teams, but she checked h...

Qualcomm has long been known primarily as the maker of smartphone chips, but since taking the reins five years ago, CEO Cristiano Amon has worked to change that and equip the company for the tough but lucrative AI chip wars. Since 2021, Qualcomm has reinvented itself to become a major player in newer areas such as tech for cars—including driver-assistance and connected-vehicle systems±—and chips to power smart home devices and wearables. Now, Amon has a more ambitious target in his sights: His five-year plan, presented to investors this week, is nothing less than a challenge to Nvidia’s long dominance in the market for A.I. chips for data centers. At Qualcomm’s investor day in Manhattan on Wednesday, he and his team unveiled its latest lines of AI accelerators and central processing units (CPUs). Taking Nvidia on won’t be easy for Qualcomm. After all, Nvidia—the most valuable company in the world with a market capitalization of $4.7 trillion—is the market leader by far in AI ...

Shares of quantum computing companies were a rare bright spot amid a tumultuous market Tuesday, surging after President Trump signed two executive orders aimed at maintaining U.S. dominance in the emerging technology. While the broader market slumped Tuesday , with investor jitters on AI and tech pushing the tech-heavy Nasdaq down 2.2% and the S&P 500 down more than 1.4%, quantum computing companies saw their shares surge as of market close Tuesday. Quantinuum, formed in 2021 through a merger of Honeywell Quantum Solutions and Cambridge Quantum, led the pack, with its shares up more than 13% at market close. Another two pure-play quantum companies, Infleqtion and D-Wave, saw their shares close up 12% and 2%, respectively. Meanwhile, IBM , which operates the largest fleet of high-powered quantum systems, gained by 5%. JPMorgan analyst Brian Essex also upgraded IBM to overweight from neutral , partly because of its potential to benefit from increased interest in AI and quan...