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The Latest Breaking News from Fortune

The affordability crisis has gotten so bad that Love Island winners are spending their $100k on bills and student loans

The average student loan won't leave much change out of the $50,000 each individual winner will take home.

Fortune

'Am I paying for the vibes?' Gen Z says it hates capitalism, but their spending patterns show they just don't like being ripped off

They'll wait in line for TikTok's hype, but they want the receipts from Yelp before they commit.

Fortune

Wall Street reacts brutally to Fed chair Warsh’s interest rate hold: ‘the bond market puked on him’

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

Fortune

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Current price of oil as of July 30, 2026

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

Fortune

China’s auto industry is faster, cheaper and better. Here's how the West can close the gap

Detroit's big 3 have lost 16 points of global market share in 20 years as Chinese automakers surged from under 1% to 12%.

Fortune

How Washington's war on 'Wall Street landlords' could backfire on Gen Z renters

John Burns Research and Consulting dubbed it the "Rental Inflation Bill," while ResiClub's Lance Lambert says some landlords are reluctant to get burned.

Fortune

Tariffs, debt, and a stubborn Fed are squeezing consumers

Also: All the news and watercooler chat from Fortune.

Fortune

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Forget robots on assembly lines. Foundational Industries wants AI to run the entire factory

The startup says software-native factories can leapfrog China’s highly automated manufacturing base rather than trying to replicate it.

Fortune

Europe’s social media bans force businesses to rethink how they reach the youngest generation

As France, the U.K., and a growing list of European governments move to prohibit young people’s access to social media platforms, brands are racing to adapt.

Fortune

Dow’s new CEO is ‘blessed to be stressed’—and steering a turnaround amid oil market upheaval

Karen Carter leans on U.S. profitability for global Dow turnaround amid cost cutting and restructuring.

Fortune

Trump's dollar déjà vu: what an uncanny chart about the greenback shows about American exceptionalism

"It's the exact same pattern," LPL Financial's Adam Turnquist told Fortune. "Last week, I started refreshing data and here it is."

Fortune

Fast-food execs keep pushing for more AI systems, but fail to see the big picture: Customers still want humans

The fast food industry’s automation push carried a simple promise: Robots would flip burgers, AI would take drive-thru orders, and labor costs would fall.

Fortune

Inside Ikea's big bet on humans in the age of AI

After rolling out a customer service bot, the Swedish retailer is remaking—not replacing—its workforce.

Fortune

Flirting with $5 trillion, Apple has never been more valuable—or a more dangerous bet for investors

At 41 times earnings, Apple’s stock is pricier than it’s been in a decade—and its famous buyback machine is losing its punch just when investors need it most.

Fortune

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news in one place.

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Warren Buffett is handing $140 billion to his family's foundations. The way he's doing it reveals how billionaire philanthropy really works

People assumed Buffett was avoiding taxes or warehousing the money. Experts say the more telling question is how he's giving it away.

Fortune

Public record or not, you might want to put your property into a trust or LLC after the pied-à-terre tax rollout

Trusts and LLCs offer not only anonymity from public records, but also a way to protect your assets from liabilities.

Fortune

Mamdani's pied-à-terre ‘hit list’ is as unsexy as it sounds

The supposed socialist takeover of New York City is similar in scope to Andrew Cuomo's tax policy — and not unlike a law on the books in Singapore.

Fortune

How Gen Z’s love of ‘handcrafted’ blockbusters created Hollywood’s ‘memory moment’

With the box office tracking to its first $10 billion year since the pandemic, Tom Holland and Zendaya (and Jon Bernthal) find themselves in rare company.

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news in one place.

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Fortune

Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at cloud business

Meta’s quarterly results showcased the strength of its core social media business, as well as the gap in its business model in the AI arms race.

Fortune

Robinhood CFO details surging prediction market business as firm posts record revenue in Q2

Robinhood beat analyst expectations on several fronts though crypto revenue fell significantly.

Fortune

Dr. Fauci, the Lockdown Czar, just won’t go away

During the pandemic, two colleagues and I led a comprehensive scientific literature review and meta-analysis about lockdowns, but Fauci didn't listen.

Fortune

Microsoft’s cloud just hit a new milestone—Azure crosses $100 billion in annual revenue

Microsoft’s fiscal Q4 revenue of $90 billion topped Wall Street targets, while Copilot reached 30 million paid seats, and an investment in Anthropic delivered a $3.2 billion windfall.

Fortune

Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

Southeast Asia, home to young, digitally-savvy populations and a rising middle class, offers fertile ground for leapfrogging.

Fortune

Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom

From collapsing car sales to booming services and AI-linked manufacturing, China’s growth engines are pulling in sharply different directions.

Fortune

More than 1,200 AI workers are asking for Washington’s help to build an AI slowdown plan

The statement, signed by senior executives at competing companies, calls on the government to help build the tools needed to pace frontier AI development.

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