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The Latest Breaking News from Fortune

Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed

But Iran's aggressive demands cool hopes that the strait will see traffic return to normal anytime soon or that the U.S. will stop applying economic pressure on Iran.

Fortune

With broad bipartisan support, Congress is about to give Trump 'unchecked authority' to impose new tariffs of up to 100% on top trading partners

"We should not have to choose between putting a check on Putin's aggression and putting a check on this president's tariffs regime."

Fortune

This ‘hidden’ career path is in dire need of more workers—and it can pay Gen Z over $300,000 with no degree required

Six-figure salaries are within reach for Gen Z, but only if they’re willing to brave extreme weather, noisy tarmacs, and the smell of jet fumes.

Fortune

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It’s not just Canadian tourists snubbing U.S. cities. Business leaders are cancelling more trips to America as geopolitical tensions continue

An analysis of cell phone data shows Canadian visits to U.S. cities have plummeted 42% year-over-year, dwarfing previous estimations.

Fortune

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

Cleveland is becoming one of the more desirable markets for homebuyers.

Fortune

AI is changing work faster than the data can keep up

Recent studies have shown AI having a positive impact on job growth, yet economists and labor activists warn that the emerging technology threatens to quickly transform the financial system.

Fortune

AI labs shouldn't be allowed to grade their own homework

We know about AI labs' hacking failures only because the companies involved chose to tell us.

Fortune

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Bill Ackman's $35 billion hedge fund made janitors and receptionists millionaires—and its investment team summer together in the Hamptons

Billionaire investor Bill Ackman says employee loyalty pays dividends—and he’s willing to invest millions in stock awards and allowing summer remote work to earn it.

Fortune

How Scott Bessent used financial engineering to fund the $2 trillion deficit while leaving it untouched

The alarm is coming from inside the house. The Treasury Borrowing Advisory Committee says the borrowing math no longer adds up.

Fortune

Ted Leonsis: the unmatched American advantage is adaptation

I sent the first AIM message. Now I own three DC sports teams. Here's what both taught me about America's real advantage.

Fortune

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

"Consumers are starved for better tools to help make one of the biggest financial decisions of their life," says Kelley Blue Book Homes CEO John Liss.

Fortune

Vanguard Chief Economist: AI and jobs, still in an ATM phase

We remain closer to the ATM phase than the mobile banking phase.

Fortune

GrayMatter Robotics CEO: The FCC was right to ban Chinese robots. But protection alone won't win the robotics race

Robotics is no longer simply another technology market.

Fortune

CEO of the world's largest workspace provider says commuting will be extinct by 2040—and your kids will think it's 'mad stuff' professionals once did

CEO of IWG, Mark Dixon, says future generations will think it's "mad stuff" that bosses once made workers "travel 100 miles to sit down and use a computer."

Fortune

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Fortune

How Chevron became the AI darling of Big Oil

Chevron's West Texas data center deal with Microsoft may jumpstart a new Big Ol and AI trend.

Fortune

Meet the 82-year-old Kentucky grandma who turned down $26 million to turn her farm into a data center: ‘I don’t need your money’

Ida Huddleston says no amount of money was worth losing land that’s been in her family for more than 200 years.

Fortune

The deportation economy is backfiring on American workers, top economist warns

Diane Swonk says July’s bizarre jobs report is the first data from the deportation economy: shrinking payrolls and a shrinking workforce.

Fortune

Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy

The hedge fund billionaire has been a philanthropist for 20 years and told Fortune that it's "vastly less efficient at solving problems than capitalism."

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news in one place.

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Fortune

After blowing through its entire 2026 AI budget in months, Uber CTO says, ‘We’re coming to the end of the so-called tokenmaxxing era’

“You might expect costs to rise as adoption accelerates,” Praveen Neppalli Naga said. “We’ve seen the opposite.”

Fortune

How Whatnot’s founders turned 100 investor rejections into an $20 billion live-shopping rocket ship

Whatnot’s cofounders had trouble impressing investors before building the live-shopping app.

Fortune

Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images

Google’s “Nano Banana” AI allowed users to generate any images they wanted from Google Earth—and Google didn’t measure the consequences.

Fortune

The Hugging Face hack is a PR crisis that’s costing OpenAI millions

The compute cost of investigating the incident is staggering, given details revealed in a talk the company delivered at a security conference this week.

Fortune

Boomers and Gen Xers scramble our assumptions about economic misery — they’re way unhappier than millennials and Gen Z

The generations who were supposed to have it figured out are the ones panicking about money.

Fortune

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control: ‘The concession has already been made’

“[The] U.S. accepting Iranian control of the strait without explicitly acknowledging that control seems a likely endgame here.”

Fortune

Bank of America is splashing out $250 million a year on weight loss drugs for its staff: ‘We see a great impact on employees,’ CEO says

Weight-loss drugs are becoming a popular perk, with almost a third of workers saying they’d even switch jobs for it. Bank of America has them covered.

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