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The Latest Breaking News from Fortune

Hegseth issues an ultimatum to ‘woke AI’ startup Anthropic: Get with military program by Friday or lose $200 million

The Department of Defense gave the AI company a deadline of Friday to allow the Pentagon to use its AI as it sees fit or face steep penalties.

Fortune

Jamie Dimon says society should start preparing for AI job displacement: ‘Now’s the time to start thinking about’ it

Dimon backs AI at JPMorgan but also supports government action to prevent mass layoffs.

Fortune

America’s $901 billion trade deficit is like ‘chronically high cholesterol,’ top economist says, and Trump’s 150-day tariffs are the wrong medicine

Trump’s trade policy risks confusing one problem with a much bigger crisis, according to Harvard professor Gita Gopinath.

Fortune

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One man accidentally gained access to thousands of robot vacuums, exposing the AI cyber nightmare risk facing millions of Americans

A software engineer wired his vacuum to his video game controller, but he could soon see inside thousands of living rooms.

Fortune

Inside the multimillion-dollar retention deals Fortune 500 companies are giving CEO runners‑up

Disney’s Dana Walden was passed over for CEO, but was awarded a $5.26 million stock grant to soften the blow.

Fortune

As AI agents surge, Nvidia’s earnings face new scrutiny

As tech stocks slide and AI spending comes under scrutiny, investors are looking to Nvidia’s results for clues about whether the AI boom still has room to run.

Fortune

Former Apple exec had lunch with his boss Steve Jobs for 15 years—he says the late founder’s ‘insatiable curiosity’ taught him to never coast on his expertise

Even after building trillion-dollar products, Steve Jobs never pretended to have all the answers. That’s the lesson that stuck with Jony Ive, Apple’s former chief design officer, who worked alongside the late cofounder for nearly 15 years.

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Ex–presidential candidate Andrew Yang warns that millions of white-collar workers will lose their jobs within 18 months: ‘The AI jobpocalypse is here’

AI is about to gut millions of office jobs, says ex–presidential candidate Andrew Yang. Even dog walkers, hairstylists, and restaurants will be impacted.

Fortune

Jeff Bezos says working harder is the cure for anxiety: ‘The stress goes away the second I take that first step’

Bezos worked through decades of stress to build the No. 1 Fortune 500 company.

Fortune

Days before the national debt is due to hit $39 trillion, President Trump didn’t mention it once during the longest State of the Union ever

He did mention debt as a concept when he commemorated “the debt we owe to the heroes who came before us.”

Fortune

At 22, Eileen Gu is already an Olympic multimillionaire success story. She credits it to a brain-training ritual anyone can adopt

At 22, Eileen Gu is already an Olympic millionaire. She says she uses neuroplasticity to “literally become exactly who I want to be”—and Arianna Huffington and scientists say the brain-training hack really works.

Fortune

Forget job titles when you’re in your 20s—that was the best career advice Barack Obama gave his ex-speechwriter

Instead of focusing on a dream title, former U.S. President Barack Obama urges young people to think about the impact they want to have through work and the skills they need to get there.

Fortune

The Consumer Financial Protection Bureau is under threat

A new report by Sen. Elizabeth Warren’s office showed that Americans have lost nearly $19 billion since Trump took office again directly due to CFPB cuts

Fortune

Trump dodges mention of tariff refunds in State of the Union speech

Also: All the news and watercooler chat from Fortune.

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Inside Miami’s billionaire bunker, a manmade island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy

A single bridge, 24/7 police, and $150M estates make Indian Creek in Miami America’s most exclusive enclave.

Fortune

McDonald's CEO is a 'supersubscriber' of AI tools—and even used it to photoshop all his kids into a Christmas card

Chris Kempczinski said he’s also used AI to make recommendations for potential menu innovations like McRib Nuggets and Korean sauces.

Fortune

More than half of teens are using AI for schoolwork—and many parents don’t know it

More than half of teens are using AI to complete their homework, from explaining a mathematical equation to summarizing entire novels. Some parents say it’s okay, but others are in the dark.

Fortune

Moody’s flags $662 billion risk at the heart of the data center build-out by just 5 companies

“The accounting liability is unlikely to reflect certain plausible future scenarios,” Moody’s said of Meta, Amazon, Alphabet, Oracle, and Microsoft.

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Home Depot CEO says with the housing market stalemate, ‘our customers are telling us that they’re not investing’

Ted Decker said on Tuesday’s earnings call that housing affordability issues were continuing to drive consumers away from home improvements.

Fortune

Some Waymo riders are so lazy that gig workers are getting paid $24 to close the door for them

Waymo is partnering with DoorDash and other gig workers to drive to the site of an autonomous vehicle and close the door.

Fortune

Trump vows, ‘We will always protect Social Security, Medicare, Medicaid,’ but his signature tax cuts shortened their life span

The president also said America is “bigger, better, richer, and stronger than ever before,” thanks to his One Big Beautiful Bill.

Fortune

Trump announces 401(k)s for all: ‘We will match your contribution with up to $1,000 each year’

Trump also pressured lawmakers to formally prohibit insider trading among legislators, shortly after mentioning Nancy Pelosi’s name.

Fortune

Trump Accounts: Which American children are eligible for the investment program Michael Dell poured $6.25 billion into?

President Donald Trump touted the billionaire backers of his Trump Accounts for kids in his State of the Union address.

Fortune

Trump celebrates 2.4 million Americans ‘lifted’ off SNAP benefits after his tax-cut law slashed funding and tightened work requirements

“We cut a record number of job-killing regulations, and in one year we have lifted 2.4 million Americans, a record, off of food stamps.”

Fortune

Gen Z's enthusiasm for all things touchable is resurrecting the analog economy—and costing parents

Live Nation had its biggest year yet for concert attendance. Print book sales are at a record high. The vinyl record industry has enjoyed a resurrection.

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