Term Sheet Newsletter

Your daily update on transactions and the individuals behind them.

National

English

Newsletter (Digital)

Outlet metrics

Domain Authority

Ranking

Global

#3215

United States

#812

Finance/Finance

#11

Traffic sources

Monthly visitors

Articles

Job openings among the largest U.S. federal contractors have plummeted at 25x the rate of all other jobs amid DOGE cuts, report finds

1 day ago | fortune.com | Sasha Rogelberg

Since the beginning of President Donald Trump’s second term, job openings for the 25 private-sector companies with the largest government contracts have dropped 15%, according to a report published on Thursday by the Indeed Hiring Lab. Listings for all other jobs dipped only 0.6% in the same period.
This former OpenAI researcher thinks we should be gaming out the AI apocalypse

2 days ago | fortune.com | Sharon Goldman

This week, I spoke with Steven Adler, a former OpenAI safety researcher who left the company in January after four years, saying on X after his departure that he was “pretty terrified by the pace of AI development.” Since then, he’s been working as an independent researcher and “trying to improve public understanding of what the AI future might look like and how to make it go better.” What really caught my attention was a new blog post from Adler, where he shares his recent experience...
Accor Group CEO Sébastien Bazin: ‘Anybody who's waiting for the day after tomorrow is just an idiot’

2 days ago | fortune.com | Diane Brady

Turns out he’s smart, having expanded the Paris-based hotel group from a portfolio of 13 economy to mid-scale hotel brands, mostly based in Europe, to a global hotel giant with 360,000 people working in 110 countries and 47 brands that include Fairmont, Raffles, Mövenpick, Ibis, Mercure and Novotel.
Will AI hold up in court? Attorneys say it's already changing the practice of law

2 days ago | fortune.com | Jeff John Roberts

BY Jeff John RobertsEditor, Finance and CryptoJune 26, 2025 at 4:00 AM EDTIllustration by Andrei Cojocaru; Original photos from Getty ImagesIn 2019 a metal cart rolled down the aisle of an Avianca flight from El Salvador to New York and struck Roberto Mata on the knee. Mata retained two personal injury lawyers to sue the airline, resulting in a case that made legal precedent—but not for a reason Mata or his attorneys would have hoped for.
14-time Olympic medalist Katie Ledecky encourages Gen Z grads to set goals-but don’t expect to achieve them: ‘You don’t have to win the race’

3 days ago | fortune.com | Preston Fore

However, 14-time Olympic medalist Katie Ledecky says being too focused on beating others can actually backfire. Instead, she encourages young people to stay in their lane and define success on their own terms. “You don’t have to win the race. You just need to win your race,” she said to this year’s graduates at Stanford University, her alma mater. “And winning your race means falling in love with the process.
E-commerce powerhouse Julie Bornstein unveils Daydream—an AI-powered fashion shopping agent that's 25 years in the making

3 days ago | fortune.com | Jason Del Rey

“I just remember thinking someday I would like to build a search and discovery platform that just helps you find the right stuff,” she told Fortune in an interview earlier this month. Over the next few decades, in executive roles at Nordstrom, Urban Outfitters, Sephora, and Stitch Fix, and as a founder of fashion startup The Yes, which she sold to Pinterest in 2022, Bornstein got closer to her goal.
The chief people officer of ServiceNow says new hires face a few key pitfalls—and offers some critical advice

3 days ago | fortune.com | Brit Morse

New hires are not only having trouble finding work—they’re also facing some significant challenges once they enter the labor market. The COVID pandemic left some young people without years of normal social interactions, and rapid developments in AI mean that young people who haven’t thrown themselves into learning the new technology are already behind.
Bank of America CEO Brian Moynihan talks about how he shrugged off Trump’s accusations

3 days ago | fortune.com | Diane Brady

“I testified in Congress before I was CEO,” he says, “and was told by the head of a House investigation committee ‘there’s no way you should be CEO of this company.’ He didn’t think our company was any good or I was any good.” Flash forward a few years and that person was “a good colleague” on other issues. “I don’t hold grudges” quips Moynihan, “except as an Irish person for 100 years.”Growing up with seven siblings in Marietta, Ohio, Moynihan wanted to be a criminal lawyer like Perry Mason.
The Fed won’t lower rates like Trump wants because it sees ‘meaningful’ inflation spike later this year

4 days ago | fortune.com | Paolo Confino

So far this year the Fed has not touched interest rates, keeping its target rate at its current level of between 4.25% and 4.5%, where it has been since July 2023. The decision to hold off on rate cuts earned Powell the ire of President Donald Trump. Since retaking office, Trump often demanded Powell lower interest rates.
AI training is 'fair use' federal judge rules in Anthropic copyright case

4 days ago | fortune.com | Sharon Goldman

The judge ordered a separate trial on Anthropic’s storage of those pirated books, which could determine the company’s liability and any damages related to that potential infringement. The judge has also not yet ruled whether to grant the case class action status, which could dramatically increase the financial risks to Anthropic if it is found to have infringed on authors’ rights.