Sarah Whitmire

Silver Spring

Senior Newsletters Editor at Forbes

Senior Editor for Newsletters @Forbes / Also: @garuda_aviary, gaming enthusiast, amateur adult, often replies to promoted tweets when inebriated, She/Her

Articles

Inside Trump’s Escalating Feud With Fed Chair Powell

3 weeks ago | forbes.com | Sarah Whitmire

The nation’s largest health insurer went 0-for-3 on its latest earnings report, and Wall Street responded accordingly. UnitedHealth stock fell 22.4% Thursday after reporting it missed targets for revenue, earnings per share and future earnings outlook. It was otherwise a mild day for stocks, but UnitedHealth’s historic loss (its worst since 1998) weighed heavily on the Dow, which fell by 1.3%.
Forbes Daily: Why Harvard Can Afford To Reject Trump’s Demands

4 weeks ago | forbes.com | Sarah Whitmire

If you’ve heard about famed startup incubator Y Combinator, which counts Airbnb and Instacart among its biggest wins, there’s a highly selective rival that’s been quietly nurturing tomorrow’s tech stars. Neo was founded by early Facebook investor Ali Partovi in 2017 to find and invest in top talent while they’re still in college. Take Michael Truell, who was studying at MIT when he became a Neo Scholar.
Forbes Daily: Gloomy Consumer Expectations Sink To 12-Year Low

1 month ago | forbes.com | Sarah Whitmire

When I read this week that consumer genetics company 23andMe had filed for bankruptcy, I felt a familiar pang of regret. I am one of 23andMe’s 15 million customers who entrusted the firm with a small sample of my saliva in exchange for health and ancestry information they could analyze from my DNA. After the company’s massive 2023 data breach that impacted nearly 7 million users, this marked at least the second time I wished I’d kept my genes to myself.
Tech Stocks Rise As Trump Hints At More Flexible Tariffs

1 month ago | forbes.com | Sarah Whitmire

Whether the “R” word is on the horizon or not, troubling U.S. consumer data is beginning to pile up. Consumer sentiment is at a 15-month low, credit card delinquency is on the rise, and nearly half of U.S. adults don’t have three months of emergency savings. In such times, it could be tempting to dip into a retirement account—and there are a number of exemptions (both new and old) that will allow you to do so without paying a 10% early withdrawal penalty.
Forbes Daily: Clock Is Ticking For Last-Minute Tax Tricks

Dec 4, 2024 | forbes.com | Sarah Whitmire

Good morning,As 2024 dwindles to its final weeks, it’s high time to consider financial moves for tax purposes, such as a tax-deductible gift to a nonprofit. While donations to U.S. charities technically rose to more than $557 billion in 2023, overall giving actually declined when adjusted for inflation. Many point to an increased standard deduction—thanks to the 2017 Trump tax cuts—as an explanation for this drop in giving because fewer taxpayers are choosing to itemize.
Forbes Daily: Investors Optimistic For Nike Veteran As New CEO

Sep 23, 2024 | forbes.com | Sarah Whitmire

Good morning,In the ultra-competitive world of cancer medicines, biotech company Summit Therapeutics is a relative minnow, with no revenue or approved drugs. But recent news around its most promising drug nearly doubled the company’s share price, and minted its co-CEO Maky Zanganeh as a new billionaire.
Forbes Daily: What’s Left For The Supreme Court This Term?

Jun 21, 2024 | forbes.com | Sarah Whitmire

Good morning,It’s peak Supreme Court-watching season. Late June is typically prime time for the highest court in the U.S. to issue its most anticipated decisions. One of those rulings came yesterday: In Moore v. U.S., a Washington state couple argued that a provision of the 2017 GOP tax cuts was unconstitutional after they were taxed on foreign business investments they hadn’t made a profit on. But the court upheld the “mandatory repatriation tax,” ruling that Congress was within its authority.
Forbes Daily: Rough Ride For Peloton Amid Layoffs And CEO Departure

May 3, 2024 | forbes.com | Sarah Whitmire

Good morning,Pink slips came for nearly 65,000 workers in the U.S. last month, continuing 2024’s rough trend of technology sector layoffs, according to a new report. Tesla’s biggest layoff ever was responsible for 14,000 of those lost jobs. But April’s job cuts were down quite a bit from roughly 90,000 announced in March, and 800 of last month’s layoffs were attributed to AI—the most since May 2023—but still a small portion compared to the overall picture.
General Electric CEO Larry Culp To Join Small Club Of Billionaire Executives

Mar 31, 2024 | forbes.com | Sarah Whitmire

When Larry Culp stepped into the CEO role at General Electric in 2018, he was the first outsider to lead the iconic company. Founded by Thomas Edison in 1892, GE had morphed over more than a century into a sprawling conglomerate that was struggling under $135 billion in debt.
Under Pressure: 25% Of Tech Leaders Say They Moved Too Fast On AI

Mar 28, 2024 | forbes.com | Sarah Whitmire

Two miles below the surface of the Pacific Ocean, in the expansive sea south of Hawaii, sits a vast quantity of nickel, manganese, cobalt and copper—all vital to the manufacture of lithium-ion batteries. Whether we’re talking electric vehicles, or consumer electronics more broadly, the supply chain for the batteries that will power lower-carbon energy in the future depends on these metals.