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The Latest Breaking News from Fortune

'A fantastic amount of money to have borrowed': a top Wall Street wealth advisor is stunned by the national debt

“I’m most focused on the fiscal situation in this country,” Rockefeller Capital Management’s Greg Fleming told David Rubenstein.

Fortune

Wall Street bulls are starting to admit the earnings bubble is real—and the 60/40 portfolio may be the first casualty

Goldman’s chief global equity strategist Peter Oppenheimer said, “There does not appear to be a valuation bubble, but there may be an earnings bubble.”

Fortune

PwC U.S. CEO advises young workers to say yes a lot, even if it means working on the weekends—‘That person climbs into the next role’

PwC U.S. CEO Paul Griggs advises that “putting in time when people are not looking” is one of the best ways to climb the corporate totem pole.

Fortune

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America's 'weird' and 'unwise' intervention in the Japanese yen: 'The last thing you want is to give markets any kind of reason to ask questions'

Why did the Treasury sell euros to buy yen and come to the rescue of the flailing Japanese currency?

Fortune

Sam Altman reveals the investing advice billionaire Peter Thiel gave him that helped him amass a $3.3 billion net worth without OpenAI equity

OpenAI CEO Sam Altman owns no equity and earns a $76K salary—but says Peter Thiel and Paul Graham taught him how to build billions in investment wealth.

Fortune

Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines

ElliQ’s device is helping older adults carry out everyday tasks, as the company teams up with government agencies for seniors.

Fortune

Careful what you bid for: The Ellisons' Paramount/WBD deal is slipping toward a costly legal and financial cliff

With free cash flow at just $96 million, the $110 billion Warner Bros. bid faces a ticking fee Paramount can barely afford as states want a 2027 trial.

Fortune

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Congress needs an AI framework now

The United States needs a federal AI framework for one simple reason: Nobody knows where the lines are drawn.

Fortune

SoftBank, Hitachi, LG back Zenity’s $125 million Norwest-led round to police AI agents

The round lands as Asian enterprises rush to deploy AI agents that touch “every aspect of the enterprise,” in the words of CEO Ben Kliger.

Fortune

You overpaid your new star hire. Now what?

Blanket premiums for big-tech pedigrees are a trap, one CEO says. Instead, pay for the traits that actually predict success in the role.

Fortune

Aon's CFO on the No. 1 risk keeping CEOs and finance chiefs up at night

For CEOs and CFOs, the risks aren't just growing—they're colliding.

Fortune

Jeff Bezos's leadership lesson: Build around what never changes

Amazon is making a big bet on a technology that’s reshaping business. But founder Jeff Bezos keeps talking about the same three guiding principles.

Fortune

Circle bought 1,000 IBM blockchain patents. Nothing good can come of that

Circle has yet to share its plans for the IP portfolio, but the power to assert monopoly rights in the blockchain space is worrying.

Fortune

Elon Musk joins race to hire the best plumbers and engineers: All you need is 3 bullet points and a résumé

Future work at SpaceX, the company has indicated, includes establishing a lunar economy, mining asteroids, and energy production on Mars.

Fortune

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Fortune

Current price of oil as of August 3, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Wall Street shrugs off global slump as Trump promises (yet another) imminent deal with Iran

Everything you need to know before you reach the office this morning.

Fortune

Ikea's AI bot didn't replace workers. It made them more valuable

Also: All the news and watercooler chat from Fortune.

Fortune

To power AI, Khosla and a16z bet this startup can reinvent mining

Mariana Minerals is now valued at $1.5 billion.

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Fortune

How Barnes & Noble CEO James Daunt tapped his indie bookstore cred to revive the big-box chain

After years of cookie‑cutter layouts and publisher‑paid shelf space, Daunt is remaking Barnes & Noble as a network of locally curated shops—ending co‑op deals and betting discovery will better compete with Amazon.

Fortune

Electric air taxis are finally ready for takeoff

A new breed of aircraft—half-helicopter, half-drone—begin real world tests across the U.S. this summer thanks to a federal program. First up is cargo, with passengers close behind.

Fortune

Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal

South Korea’s Kospi index, which has been a bellwether for global stocks lately, soared 18% on Friday, marking its biggest single-day jump on record.

Fortune

CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’

Experts say shortages are forcing companies to explore Chinese chip supplies, yet adoption is still likely to be selective and politically contested.

Fortune

As AI creates more entrepreneurs and a skills mismatch, Gen Z faces the choice of being a specialist or a 'general-purpose nerd'

"AI is creating a structural skills mismatch as companies aggressively replace generalists with specialized talent."

Fortune

As Trump balks again at escalating war, Iran smells ‘blood in the water’ and looks to exploit its newfound strategic advantage, experts say

“Last night’s events underscore a reality that is becoming increasingly difficult to ignore: For now, Iran appears to hold the strategic advantage in deterrence.”

Fortune

For the third time in history, women outnumber men in the workforce as the stay-at-home boyfriend becomes an economic trend

Women now hold more jobs than men in America, for the third time ever. A Federal Reserve economist says this time, it's not reversing.

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