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The Latest Breaking News from Fortune

The hidden bottleneck holding back American manufacturing isn't machines — it's knowledge

AI is poised to do for factories what software did for offices — but only if manufacturers stop treating it as optional infrastructure.

Fortune

Supermicro CEO insists 'no one' beyond indicted employees were involved in alleged $2.5 billion smuggling scheme

CEO and Chairman Charles Liang said Supermicro’s relationship with vendors including Nvidia, AMD, Intel, and Broadcom was “strong” despite the accusations against a Supermicro cofounder. Supermicro stock rose 17% in after-hours trading.

Fortune

Over 98% of stablecoins are dollar backed. That's good for the U.S.—until it's not

Crypto billionaire says growing global demand for U.S. dollar-backed stablecoins will tempt the government to print more money.

Fortune

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Coinbase's Brian Armstrong replacing 'pure managers' with 'player-coaches' is another sign the org chart is changing in a big way

A landmark KPMG index finds boards demanding transformation, execs spending billions on tech, and the people caught in the middle burning out.

Fortune

Gen Alpha is using makeup to pass age verification tech online: one mom caught her son using an eyebrow pencil

The youth are no longer wearing makeup to sneak into the newest bar: they're drawing on mustaches to get into the next hottest club, the Internet.

Fortune

The Elon Musk-OpenAI trial is producing more heat than light in the debate over who should control AI

The trial has had a few bombshell moments, but is unlikely to impact where AI is heading—or who controls it.

Fortune

Jamie Dimon and Dario Amodei sidestep question about whether the AI cyber 'freakout' is warranted

The two most powerful men in the AI-finance nexus, making their first onstage appearance together, were asked if a cybersecurity "freakout" is warranted. They didn't say yes or no.

Fortune

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Dario Amodei spent last year warning of an AI white-collar bloodbath. Now he's changing the narrative

The Anthropic CEO is sounding more open to the idea that Jevons Paradox—new technology creating more demand and more jobs—is possible with AI.

Fortune

How the next CDC director could reshape America’s $5.3 trillion health care industry

The CDC’s next leader could influence vaccine policy, hospital care, disease surveillance, and public trust at a pivotal moment for U.S. health care.

Fortune

Americans are giving less. July 4th can be a day to change that

As the U.S. turns 250, one idea could reverse decades of declining charitable giving and create a new tradition: the biggest giving day of the year.

Fortune

Your company may be eligible for a tariff refund. Here’s how to claim it

Companies that paid IEEPA tariffs may be eligible for refunds through CBP’s ACE system, but experts say they should act quickly before claims pile up.

Fortune

ICE's immigration crackdown isn't helping American jobs. It's actively killing them

“If anything, job opportunities for U.S.-born workers are going down as a result,” the University of Colorado Boulder’s Chloe East said.

Fortune

ServiceNow just unveiled an AI workforce that can run your entire company: 'Enterprises need AI that senses, decides, and securely acts'

It's already doing it at Honeywell, Docusign and the city of Raleigh.

Fortune

You had a miserable 2025 because of tariff inflation. The Iran war will be even worse, top economist says

One year after Liberation Day, tariffs have frozen hiring and fueled inflation. Now, Moody’s Mark Zandi sees the war in Iran threatening to deepen the damage.

Fortune

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Fortune

Economists have found an answer to slowing cognitive decline: avoid retiring early, study finds

“We should really think about the potential consequences of a really large-scale decline in employment,” UC Irvine economist David Neumark told Fortune.

Fortune

Coinbase didn't just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches’ and turned its org chart upside down

“We are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate,” CEO Brian Armstrong said.

Fortune

The viral TikTok $1.75 bid to save Spirit Airlines is fighting the wrong villain

Spirit isn’t being scooped up by private equity, as 22-year-old Hunter Peterson behind "Let's buy Spirit" claims.

Fortune

The Met Gala raised a record $42 million as Silicon Valley picked up the tab—and as celebs protested Jeff Bezos' sponsoring of the event

The Met Gala raised a record $42 million this year, powered by Silicon Valley sponsors. Other usual regulars decided to skip because of their presence.

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Fortune

Anthropic deepens push into Wall Street with new AI agents, full Microsoft 365 integration, Moody's data partnership

"The cone is even wider than I thought," Amodei said, disclosing that Anthropic projected 10x growth only to see 80x instead.

Fortune

Google DeepMind workers in the U.K. vote to unionize over military AI contracts amid internal backlash over its Pentagon deal

London-based employees are demanding that Google walk back its Pentagon deal, but the power workers once had to kill such contracts has eroded significantly.

Fortune

Morningstar CEO: I agree with the SEC on ending quarterly reporting—with conditions

The SEC's proposed shift to semiannual reporting is right—but it will take some steps to make sure investors don't lose out.

Fortune

GameStop’s billionaire CEO is an entrepreneur without a college degree who cofounded Chewy. Now he has his sights set on buying eBay for $56 billion

Ryan Cohen was rejected by 100 investors before selling Chewy for $3.35 billion.

Fortune

Gen Z workers think showing up 10 minutes late to work is as good as being on time

No wonder bosses say Gen Z are hard to manage: While 70% of baby boomers have zero tolerance for any level of tardiness, in Gen Z’s eyes, 10 minutes late is right on time.

Fortune

Current price of oil as of May 5, 2026

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

Fortune

Andreessen Horowitz’s crypto arm raises $2.2 billion for fifth venture fund, promotes CTO Lazzarin to general partner

The venture titan raised the capital despite an ongoing downturn in the crypto market.

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