The Latest Breaking News from Fortune

Stocks slide toward lowest level since July after Warsh's hawkish press conference

The S&P 500 fell 1% and the Dow lost 1.7% as the Fed chair said rates weren't restrictive before Wednesday's hike.

Fortune · Sep 16

Man sentenced in $35 million Ponzi scheme that defrauded Travis Kelce: I 'did this out of greed'

He also asked to be married to his fiance while in prison.

Fortune · Sep 16

The MLB and its Dominican pipeline is selling false promises and shady contracts to children as young as 11

Is your team giving kids behind-the-curtain deals before the MLB allows it?

Fortune · Sep 16

Americans are so concerned about autonomous vehicles that Minneapolis is considering requiring drivers to sit inside Waymos

A proposed ordinance would require human “safety monitors” to be paid at least a minimum wage to sit in these self-driving cars.

Fortune · Sep 16

AI agents are going rogue. CIOs are racing to put guardrails around them

As AI agents take on more work—and present new risks—Cisco, Intuit, Workday, and ServiceNow are creating layers of oversight to monitor, govern, and contain them.

Fortune · Sep 16

Anthropic merges its chat and agentic products into one AI assistant in push to build a superapp

The company is folding its chat and autonomous task-execution products into one Claude interface, while adding collaborative document and presentation tools.

Fortune · Sep 16

Goldman says the economy is rewarding capital ownership over labor — and most Americans don't own enough of it to benefit

The labor share of income has fallen to a record low, the lowest in 80 years. What is going on here, exactly?

Fortune · Sep 16

Sam Altman says he likes to relax by watching 5-10 minutes of short-form, TikTok-style videos—but admits the dopamine rush is ‘dangerous’ for kids

OpenAI’s billionaire CEO Sam Altman enjoys scrolling TikTok before bed—and he’s not the only CEO who does. But he wouldn’t let his son use the app.

Fortune · Sep 16

1 in 3 Gen Z and millennials are stuck in their parents' home—now, Airbnb is swooping in with a $250 million fund for affordable rental homes

A record 25.2 million U.S. adults under the age of 35 lived with their parents last year. Airbnb is hoping to be “part of the solution” for affordable housing.

Fortune · Sep 16

Hot or not? The economy’s fate rests on Kevin Warsh’s answer to one key question

Oil near $110, 5% Treasury yields, an AI investment boom and stubborn inflation have revived a question the Fed hasn’t faced in years: Is America overheating?

Fortune · Sep 16