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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

1

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Broadsheet

The Broadsheet: August 30th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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August 31, 2015, 7:43 AM ET
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Good morning, Broadsheet readers! Valentina Zarya (@valzarya) here. Rebekah Brooks returns to News Corp, J.K. Rowling and Joyce Carol Oates pay tribute to Dr. Oliver Sacks, and what this summer has meant for women’s sports. Have an amazing last day of August!

EVERYONE'S TALKING

• Brooks back in business. Rebekah Brooks, who was a central figure in News Corp’s phone-hacking scandal, is returning to the company as the chief executive of its UK division. Last summer, Brooks was cleared of all criminal charges—which included intercepting mobile phone messages of celebrities, politicians and other public figures.  Fortune

ALSO IN THE HEADLINES

• Serena sells seats. Serena Williams has yet to play a single match at this year’s U.S. Open—which begins today—but the women’s final has already sold out in anticipation of her becoming the first woman to win the Grand Slam since Steffi Graf in 1988. This is the first time in history that the women’s final has sold out before the men’s, with seats going for three times their usual price!  Fortune

• Sharapova bows out. Speaking of the U.S. Open, one of its biggest names, five-time major winner Maria Sharapova, has withdrawn from the tournament due to a leg injury.  New York Times

• Fiorina’s troubles before Trump. Carly Fiorina’s arguably unsuccessful tenure as CEO of Hewlett-Packard is well known. Less known is her troubled stint as president of Lucent Technologies' global service provider division.  Re/Code

• Japan wants women at work. Japanese lawmakers have passed a law that requires large companies to set public goals for hiring and promoting women. With Japan’s working-age population shrinking, women are needed in the workplace more than ever before.  Fortune

• The woman expanding Equinox. As president of Gatorade, Sarah Robb O’Hagan helped refuel PepsiCo's sports-drink juggernaut. As president of Equinox Holdings, she's expanding aspirational brands like Soul Cycle, Pure Yoga, and Blink Fitness.  Wall Street Journal

• A man to be missed. Neurologist and acclaimed author Oliver Sacks passed away this weekend from cancer. He was an inspiration to prominent female thinkers such as J.K. Rowling and Joyce Carol Oates.  Entertainment Weekly

MPW INSIDER MONDAYS

Each week, Fortune asks our Insider Network — an online community of prominent people in business and beyond — for career and leadership advice. Here's some of the best of what we heard last week.

• Trying is everything. When Gay Gaddis, CEO of marketing firm T3, proposed having her employees bring their babies to work, many thought the policy would never work. But after trying it out, she found that the “T3 and Under” program worked remarkably well, and 20 years later, it's a hallmark of her firm.  Fortune

• A’s aren’t all you need. Lisa Seacat DeLuca, an engineer and master inventor for IBM, tells high school girls that getting straight A’s doesn’t matter. Fortune

• Talk to your team. Dominique Jones, VP of human resources at Halogen Software, believes that the keys to building a great team are constant communication and transparent feedback.  Fortune

IN CASE YOU MISSED IT

• Making MLB history. Jessica Mendoza, a gold-medal-winning Olympic softball player, will replace Curt Schilling on ESPN’s broadcast Sunday night of the Chicago Cubs-Los Angeles Dodgers game. A woman calling major league baseball games is a rarity; only a handful of women have done it before Mendoza.  New York Times

• Women’s sports are winning. Serena. Soccer. Ronda. This has been an incredible summer for female athletes in America.  Wall Street Journal

• Twitter steps up on diversity. Twitter announced its 2016 diversity goals, which include upping its overall representation of women to 35%, from 34%—and giving women 25% of the leadership roles, vs. 22% today.  Fortune

• Judge’s journey. Nearly four decades before the world was introduced to Caitlyn Jenner, Phyllis Randolph Frye—formerly Phillip Frye—came out as a transgender woman. After decades of being treated as a pariah in the legal world, she is now an esteemed judge.  New York Times

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ON MY RADAR

The AP describes renowned human rights lawyer Amal Clooney as the "wife of an actor"  Quartz

Sarah Palin gushes over Donald Trump  Yahoo

Intel systems analyst found injured, but alive, after nine days  CNN

Pretenders frontwoman Chrissie Hynde says women can be at fault if they are raped  Washington Post

World cup winner Sydney Leroux's unstoppable will to win  NYMag

QUOTE

There may not be as much blatant sexual harassment because there are laws against it now, but women still feel as if they’re in a man's world. They have to work a little bit harder, take a little more care in how they present themselves. That's something I'm not sure will go away anytime soon.

Elisabeth Moss, on why Peggy, her character in <em>Mad Men, </em>resonated so powerfully with female viewers

 

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