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The Latest Breaking News from Fortune

‘Dr. Doom’ Nouriel Roubini breaks with the crowd on the AI bubble, saying the U.S. is headed for a ‘growth recession’ and not a market crash

“The now common view,” according to the NYU Stern School of Business professor emeritus, “is incorrect over the medium term.”

Fortune

Meet Ralph Lee Abraham, the CDC's new second-in-command who believes the Affordable Care Act should be repealed and called vaccines 'dangerous'

Abraham, 70, started his career in veterinary medicine.

Fortune

Why China's open source AI models are eating the world

Control over costs and data trump pure performance for businesses in many parts of the world.

Fortune

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‘Just enough to spend, not enough to splurge’: The low-hire labor market bites for Gen Z and lower-income Americans, JPMorgan finds

Workers ages 50–54 are experiencing negative real income growth, year over year, so reality bites for Gen Xers in the 2025 economy, too.

Fortune

Despite Trump's best efforts to reshore manufacturing, blue-collar employment is plunging for the first time since the pandemic with 59,000 lost jobs

“It is striking how soft manufacturing has been because in theory, you put tariffs in place to protect domestic manufacturing…and we have seen the opposite of that,” one economist said.

Fortune

Billionaire Richard Branson mourns his wife and partner of 50 years, Joan: ‘She was my best friend, my rock, my guiding light, my world’

Branson announced Joan’s death on Tuesday. She was 80 years old.

Fortune

Ray Dalio reveals the surprising ‘single most important reason’ he’s succeeded in investing—and it has nothing to do with finance

Meditation is what gives Dalio his famous bird’s-eye view, he said.

Fortune

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Sam Altman says OpenAI’s first device is iPhone-level revolutionary but brings ‘peace and calm’ instead of ‘unsettling’ flashing lights and notifications

Altman said the AI-first hardware will be released in less than two years.

Fortune

Markets wipe $250 billion off Nvidia as they digest Google's revenge, with Gemini 3 emerging as 'current state-of-the-art'

What if AI’s version of Google turns out to be…Google?

Fortune

Ultra wealthy are looking to leave the U.K. thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay

As Rachel Reeves plans to raise taxes in the U.K., Taxfix CEO Martin Ott admits ultrawealthy clients are eyeing an exit—but says it’s their “social responsibility” to stay.

Fortune

The high cost of letting our jobs and our diagnoses define us

When we use labels to define who we are, we risk limiting potential.

Fortune

Slack cofounder says workers and CEOs can get stuck doing 'fake' work like pre-meetings and slide shows

Slack and Flickr cofounder Stewart Butterfield says even CEOs and directors are guilty of doing “fake” work—and it‘s on managers to ensure workforces are being productive.

Fortune

'I'm not going back': Billionaire Marc Benioff says he's switching to Google's Gemini 3 after using 'ChatGPT every day for three years'

Despite Salesforce’s new deal with OpenAI, Benioff is now more excited about Google’s latest offering. “It feels like the world just changed, again.”

Fortune

29-year-old founder spammed Salesforce CEO Marc Benioff 53 times—it worked and now he spends 30 minutes a week ‘hustling’ and shooting cold emails

“It is absolutely nuts to me that you can find anyone's email on the internet and just cold email them,” the millennial VC founder said.

Fortune

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Fortune

'Are you insane?': Billionaire CEO Jensen Huang blasts Nvidia managers who are 'telling their people to use less AI'

Huang said Nvidia employees should use AI until it can address every need of theirs, "because we have the power to do so."

Fortune

Half of workers are 'revenge quitting' and walking out on their jobs without notice—and the majority are loyal, longtime staff

Workers are so done with toxic workplaces that nearly half are quitting without warning, often after years of loyalty, to send a clear message to management.

Fortune

The new battlefield: where capital, regulation and technology collide

Technology, industry, and national security are no longer separate spheres.

Fortune

Private equity’s expanding exit playbook: why a slowdown in IPOs shouldn't worry you

One of the most enduring misconceptions on private equity is that IPOs are the primary, or even the preferred, exit route. The truth is far more nuanced.

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Fortune

How American farmers are losing out on the organic food boom to other countries

Less than 1% of U.S. farmland is certified organic but it's what consumers want. Last year, U.S. organic food sales grew 5.2% to a record $71.6 billion.

Fortune

Stablecoin issuer Paxos to acquire wallet startup Fordefi for more than $100 million

Paxos provides crypto infrastructure for major institutions like PayPal and Mastercard.

Fortune

The Deadhead who became a $38 billion CEO: What HubSpot cofounder Brian Halligan learned from Jerry Garcia and passed on to his MIT students

The Dead’s business model offers a better guide for founders than half the frameworks taught in business school, according to the venture capitalist.

Fortune

The next competitive edge in business? A new skill partnership between humans, agents, and robots

Our research suggests something more nuanced—and hopeful—than a future of AI job losses.

Fortune

Citi CFO Mark Mason has the CEO qualities for his next chapter, says former American Express chief

Mason plans to leave Citigroup by the end of 2026 after a 25-year journey at the company.

Fortune

Bitcoin plunges while gold rises, destroying the crypto ‘safe haven’ narrative

The lower Bitcoin tumbles, the less it looks like “digital gold.”

Fortune

Wall Street is on tenterhooks over the Fed’s ‘rare, genuinely suspenseful’ December meeting, because the committee itself doesn’t know what to make of the data—or of one another

A divided Fed meets amid mixed jobs and inflation signals, leaving Chair Jerome Powell with a suspenseful December.

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