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The Latest Breaking News from Fortune

Trump Accounts are now available for kids. Here's where the money will be invested in the stock market—in line with Warren Buffett's advice

Money contributed to Trump Accounts at launch will be put in the State Street SPDR Portfolio S&P 500 ETF as an initial default investment.

Fortune

Costco CEO promises the $1.50 hot dog isn't going away: 'The price will not change as long as I'm around'

The $1.50 combo hasn't changed since 1985. In a K-shaped economy where everything costs more, that's not just a deal—it's a statement.

Fortune

A quarter of young baby boomers and Gen Xers who’ve been laid off in the last decade are still unemployed—and 11% have taken pay cuts to work

Just as financial pressure peaks, many Gen Xers are finding themselves overlooked, underpaid, and edged out.

Fortune

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Media leadership unity in defying Trump’s assault on free speech: standing tall against historic comparisons

Jeff Sonnenfeld leads a group including Jeff Bewkes, Kay Koplovitz and Tom Glocer in congratulating media leaders for their remarkable unity.

Fortune

Three dads started selling hats from a garage with $750—now they’ve sold $35 million worth, partnered with Gary Vee, and grown a community of fathers

What began as three friends talking about the struggles of fatherhood evolved into Dad Gang—a brand now that’s made $35 million selling over 1 million hats.

Fortune

The World Cup is just now discovering Middle America's big heart. These Irish bingo kingpins built a $24 million business knowing it all along

Craig Reynolds and Will Meara launched Bingo Loco in a Dublin basement in 2017. Nine years later, Locomotive sells a million tickets a year in 300 cities.

Fortune

How a third-generation Texas oilman transformed an organic farming company into a leading advanced nuclear startup at a small Christian college

See inside the race to scale up next-gen nuclear to power the AI data center boom.

Fortune

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How JPM's female leadership pipeline to CEO went bust

Marianne Lake's retirement from JPMorgan marked the end of the bank's chance to elevate a woman to one of the world's top jobs.

Fortune

Even as Elon Musk calls philanthropy ‘very hard,’ Americans gave a record $617 billion anyway—as households felt the squeeze over the cost of living

Donations from individuals hit $394B last year, but a 17% rise in bequests points to a shift in philanthropy driven by the Great Wealth Transfer.

Fortune

Why Nike's new CEO is struggling to turn things around

The company is facing protracted trouble. The least it can do is get out of its own way.

Fortune

Americans will eat 150 million hot dogs today. One specific American is predicted to eat 70 of them

Joey Chestnut is predicted to eat 70 hot dogs this year, just as prediction markets make it easier to gamble on the odds.

Fortune

'Devin-kun': Japan embraces agents as legacy code and a shrinking workforce create a perfect market for an AI software engineer

Cognition AI opened its first Asia office in Tokyo earlier this year. "The country is running on aging infrastructure with a declining workforce."

Fortune

'It's just his AI and my AI going back and forth' The workplace phenomenon that's undermining human relationships

AI isn’t the problem, says leadership expert Leena Rinne: It’s social connection and emotional intelligence instead.

Fortune

YouTube’s founders split over $650 million when they sold to Google in 2006—had they held out, they could have taken a slice of $550 billion

YouTube’s cofounders could all be part of the billionaire club alongside Google's Sundar Pichai had they kept the business: It’s grown some 333x since they cashed out.

Fortune

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Fortune

I argued with the father of open source for 2 years. Now the AI fight is the same — only bigger

Two Sigma co-founder David Siegel says closing off AI is the same mistake the software industry nearly made in the 1980s — only with higher stakes.

Fortune

The greatest startup in history: What we can learn from America’s founders at today’s AI frontier

On America's 250th anniversary, its founding blueprint of stability and adaptability offers a model for navigating the governance, trust, and collaboration challenges of the AI era.

Fortune

On Wall Street, analysts increasingly don’t believe the U.S. government’s 'misleading' job numbers

“These data are misleading and should be disregarded,” Jamie Cox of Harris Financial Group says.

Fortune

Trump is already causing a headache for his new Fed chairman, saying the central bank's board is 'hostile' and 'doing the wrong thing'

Trump claimed the board is "a little hostile" toward new Fed Chairman Warsh.

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Fortune

America's secret weapon isn't just innovation — It's the freedom to fail

As the U.S. marks its 250th anniversary, Keith Krach argues the country's greatest competitive edge has never been its wins.It's been its willingness to lose, learn, and try again.

Fortune

A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London's disruptor extraordinaire

Investors are betting big on Revolut. Valued at $75bn in its latest fundraising round, the fintech is targeting a $200bn-plus IPO with backing from Nvidia and SoftBank

Fortune

Elon Musk can’t sell a single SpaceX share for a year—then all the locks crack open at once

The rocket maker’s gated stock-sale structure is designed to keep billions of shares from cratering the stock price.

Fortune

'We are in a new era': Trump's bombshell $2.2 billion income haul, the 'Big Player Theory' and what happens when the president becomes the bubble

In the age of artificial intelligence, Syracuse University's Robert Koppl, progenitor of "big player theory," told Fortune, we have "augmented ignorance."

Fortune

Airbnb offered $750 to Americans to open up their homes during the World Cup—mostly women took it up and now they’re earning thousands

The average host short-term rental host will get a $3,000 payday for renting out their space during the World Cup. Women are jumping on the opportunity.

Fortune

In Iran, regime officials who survived the war intended to kill them appear in public for dayslong funeral of the late Supreme Leader Khamenei

Photos published by Iranian state media showed Gen. Ahmad Vahidi attending a meeting about the funeral of Khamenei, 86, and sitting alongside his casket.

Fortune

Police use tear gas and pepper spray against Albanians protesting Trump family plans to develop unspoiled island into a luxury resort

The "flamingo revolution" goes on.

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