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The Latest Breaking News from Fortune

AI productivity gains are making the rich richer, and they'll wipe out jobs—but the IMF chief sees a silver lining for low-wage workers

Kristalina Georgieva sees an economic spillover effect brewing.

Fortune

Claude Code gives Anthropic its viral moment

"We might be six to 12 months away from when the model is doing most, maybe all of what software engineers do end-to-end," CEO Dario Amodei says.

Fortune

Meet TikTok’s new U.S. CEO: Adam Presser, a Harvard business and law grad with an affinity for Chinese movies

"For three years in high school, I watched Chinese movies and had this incredibly eye-opening experience,” Presser said in a 2023 interview.

Fortune

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Target faces new backlash amid Minnesota ICE raids after boycotts over its DEI rollback. But don't blame politics for falling profits, analyst says

Recent events have caused renewed backlash against Target, nearly a year after boycotts began over the company rolling back its diversity, equity, and inclusion initiatives.

Fortune

Winter Storm Fern is about to slam 230 million Americans. Here's what stores and restaurants typically stay open during severe weather

Delivery options could be impacted, too.

Fortune

The U.S. has 'escalation dominance' in a debt war as Europe would face a violent market crash if it dumps Treasuries

Europe accounts for about a third of U.S. government bonds held overseas, or roughly 10% of the overall Treasury market.

Fortune

As Winter Storm Fern barrels in, all eyes are on the Weather Channel. Its CEO is charting the company’s next big forecast: growth

CEO Rohit Agarwal says hype and scaremongering amid a dangerous storm are counter-productive when the company is building its business based on trust.

Fortune

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From Trump to Brian Armstrong to CZ, crypto was in the Davos spotlight like never before

The U.S. president touted the country’s supremacy with digital assets in his speech.

Fortune

Jamie Dimon warns that the $38 trillion national debt is 'not sustainable' and it's one of two 'tectonic plates' that may crash in the near future

"It will not work eventually," the JPMorgan CEO told David Rubenstein in a Chamber of Commerce fireside chat. "I just don't know when that is."

Fortune

Jamie Dimon’s reality check for ambitious workers: ‘There’s going to be a grunt part to every part of a job. Get over it’

The JPMorgan CEO says workers should not simply “get a new job.” Instead, they should stick to one role.

Fortune

Cursor’s OpenAI-powered swarms of agents built and ran a browser for a week with no human help. Here’s why that matters

Cursor’s experiment shows how AI is shifting from answering prompts to running real projects—hinting at a future where machines don’t just help, but work as an “orchestra.”

Fortune

Apple cofounder Ronald Wayne sold his 10% stake for $800 in 1976—today it’d be worth up to $400 billion

Steve Jobs and Steve Wozniak are often known as the brains behind the nearly $4 trillion tech giant, Apple, but the company’s original third cofounder sold out early for just $800.

Fortune

CEOs at Davos were split on how bad the AI job wipeout will be

In over a dozen meetings with top executives, two main themes stood out.

Fortune

The great power gap: Billionaires are 4,000 times more likely to hold office than you are, and Oxfam warns it’s ruining democracy

“We actually do face a moment in which there is a fundamental choice between oligarchy and democracy,” Oxfam America senior director of economic justice Nabil Ahmed said.

Fortune

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Fortune

Gates Foundation plans to give away $9 billion in 2026 to prepare for the 2045 closure while slashing hundreds of jobs

Who will take the reins of philanthropy with the Gates Foundation absent?

Fortune

An AI ‘tsunami’ is coming for young workers, IMF chief warns

Kristalina Georgieva is worried about Gen Z and the middle class: “This is moving so fast, and yet we don’t know how to make it safe [and] inclusive.”

Fortune

Michelle Obama says friendships are ‘as important as the degree that you got in college,’ your job title, and your salary

The former first lady says it’s important to make new friends, but advises people to be picky about who they let stick around. Longtime duos, like Oprah Winfrey and Gayle King, prove that friendship is a powerful career tool.

Fortune

Inside Big Pharma and VC’s big bet on AI: You wouldn’t ‘want to fly an airplane designed by hand, but all of our drugs are designed like that’

Silicon Valley and Wall Street are pouring billions into AI drug discovery in a high-stakes bet to “solve” disease.

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news in one place.

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Fortune

Airbnb CEO says Steve Jobs taught him that obsessing over details isn’t about control—it’s about helping people think bigger and move faster. But Gen Z doesn’t agree

Airbnb CEO Brian Chesky says Steve Jobs proved being a micromanager is good for workers—in reality, it could actually be holding Gen Z’s careers back.

Fortune

President George W. Bush used to call Bill Clinton for advice—and his message was consistently to get out of your own way

After succeeding Bill Clinton, George W. Bush still picked up the phone for advice—a reminder, echoed by Steve Jobs’ career, that leadership isn’t a solo sport.

Fortune

Walmart CEO started his career unloading trailers at the warehouse

Walmart’s CEO went from earning $6.50 an hour to about $26 million a year—here are his tips for climbing the corporate ladder.

Fortune

When AI meets healthcare, how should payers react?

It is not a stretch to imagine that the most important players in the payer industry in 2035 will be those who harness the power of AI fastest and best.

Fortune

Huntington is powering digital growth—by opening a branch almost every 2 weeks, says CFO

Zachary Wasserman talks about the bank's strategy and growth.

Fortune

Greenland deal doesn’t solve ‘mutual alienation’ between America and its allies, warns economists, and it puts the USD under threat

“That’s not a good place to be if you want to preserve the USD’s reserve-currency status. That status was built on the premise of U.S. leadership and protection,” Macquarie strategists say.

Fortune

Wall Street celebrates the end of Trump’s Greenland drama and is hoping the Supreme Court will kill the rest of his tariffs

It’s like the past few days never happened.

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