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The Latest Breaking News from Fortune

Jamie Dimon predicts AI will shorten the workweek: ‘My guess is the developed world will be working three and a half days a week’

He thinks it will eliminate jobs, but we can steer our way out of disaster.

Fortune

Hundreds of billionaires pledged to give away $600 billion to charity—but the Bill Gates and Warren Buffett era of philanthropy may be over

While a tax bill aimed to cripple liberal philanthropic foundations may upend billionaire giving, charitable vagabonds like MacKenzie Scott are already rewriting the norm.

Fortune

'October’s pace of job cutting was much higher than average': Definitive layoff report reveals 'DOGE impact' on labor market

Andy Challenger says “Those laid off now are finding it harder to quickly secure new roles, which could further loosen the labor market.”

Fortune

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Trump punches new $35 billion hole in national debt with deal for Medicare to cover your Ozempic

America's waistline may shrink, but its national debt will swell.

Fortune

Why this company says the state of AI security is ‘grim’

AI adoption is skyrocketing—but so are the risks. Inside one startup’s warning that the state of AI security is, in their words, “grim.”

Fortune

Silicon Valley billionaire, reeling from Zohran Mamdani's victory, turns back the clock to Peter Thiel's warning about the appeal of socialism from 2020

Thiel famously wrote about a “broken generational compact,” warning that “if one has no stake in the capitalist system, then one may well turn against it.”

Fortune

Zohran Mamdani is New York’s first millennial Mayor—experts say the young leader will 'challenge the status quo' set by boomers before him

Higher minimum wage for young workers, remote working and a 4-day workweek could get a spotlight thanks to New York’s first millennial Mayor

Fortune

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The travel industry has already lost $4 billion from the government shutdown. The FAA’s flight cuts starting Friday are a new threat

One of the busiest air travel seasons of the year is imminent, yet the FAA cut 10% of flights at 40 airports starting Friday.

Fortune

Jamie Dimon says he still reads customer complaints himself because his staff filters too much: ‘The bureaucracy does want to control you’

“If you’re in a position like mine, you’ve got to break down those barriers all the time,” Dimon said.

Fortune

An apology to Gen Z, from the Harvard scholar behind ‘Bowling Alone’ book: 'You didn't cause the problem, we caused this problem'

Robert Putnam famously diagnosed America as "bowling alone" 25 years ago. Things have just gotten lonelier—and Trumpier—since.

Fortune

The crypto market looks out of gas as Bitcoin dips under $100k and alt-coins plummet

The markets staged a modest rally on Wednesday but assets like Ethereum and Solana have taken a pounding.

Fortune

Meet Jared Isaacman, the billionaire tapped by Donald Trump and Elon Musk to usher in a new era of space travel—and he has strict rules about meetings

The secret to getting to Mars starts with slashing useless meetings that could’ve been an email, according to plans from the billionaire tapped to lead NASA.

Fortune

Kamala Harris says there's enough room for everyone to be successful—and that professionals who think otherwise are guilty of 'provincial thinking'

Former U.S. VP Kamala Harris slams staff who “knocked down” her success: “It was counterproductive…We rose and fell together.”

Fortune

Scott Galloway says he’s a product of big government: ‘Taking bets on unremarkable people pays off’

Galloway credits UCLA for his success, despite an initial rejection: “California taxpayers and the regents of the University of California saved my ass.”

Fortune

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Fortune

For Gen Z, it’s ‘not enough to work hard’ if you want to succeed, says Jamie Dimon—skills in specific sectors are the way to get ahead

“In the old days, you could be in 10th grade, go get a factory [job] in Detroit, and eventually you could afford a family, a home, a car, and that may not be true anymore,” Dimon said.

Fortune

The one human quality we need most to navigate the AI era

Though this technology is very new, the human qualities we need to navigate how it’s changing our lives are as old as we are.

Fortune

Gen Z’s brains are ‘growing around their phones’ the way a tree warps around a tombstone, ‘Anxious Generation’ author warns

Speaking at a Dartmouth symposium on mental health, NYU professor Jonathan Haidt discussed his research on “the great rewiring.”

Fortune

Dating apps are doomed because Gen Z is locked in on meet-cutes, former Hinge content lead says: They want to vibe their way through meeting people

Podcaster Ilana Dunn reflects on how the dating world has changed.

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Fortune

Bill Gates got climate communication right. Let's focus on saving lives, not spreading fear

I'm the dean of the nation's first climate school and I know that fear-based messaging has outlived its usefulness.

Fortune

Microsoft, freed from its reliance on OpenAI, is now chasing ‘superintelligence’—and AI chief Mustafa Suleyman wants to ensure it serves humanity

Microsoft follows Meta in rebranding its advanced AI efforts as “superintelligence.” But Suleyman says Microsoft’s “humanist” approach means it will try to ensure superpowerful AI “doesn’t harm us.”

Fortune

Citi CFO Mark Mason on how AI powers a global advantage

Citi is using AI to streamline operations while maintaining risk controls, Mason says.

Fortune

Progress but uneven: Energy transition reality check

As COP30 kicks off in Belém, leaders need take on board the fact that this transition is nuanced and dynamic.

Fortune

Wall Street can’t decide whether the job market is showing a ‘rebound’ or declining to ‘stall speed’

U.S. futures are flat this morning as traders try to figure out whether new jobs data makes a Fed rate cut in December more or less likely.

Fortune

The only phone notifications Jamie Dimon gets are from his kids—everyone else should call the office

“If you send me a text during the day, I probably do not read it,” Dimon said.

Fortune

Founders are getting huge paydays before their startups are close to an exit—and that’s fine with many VCs

Venture firms don’t like to talk about early stage secondary sales but the practice is common in bull markets.

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