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The Latest Breaking News from Fortune

MIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce

CEOs who cut entry-level jobs risk long-term fallout, warns MIT’s Andrew McAfee—as IBM and Salesforce double down on Gen Z talent.

Fortune

Former Miami Mayor Francis Suarez: Why I'm joining Stephen Ross and Ken Griffin in betting big on ambitious business leaders

The man behind Miami's viral "How can I help?" explains why he signed on as Senior Advisor to the Gold Coast's most ambitious recruitment campaign yet.

Fortune

By staying on the Fed's board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor

Powell will still be around to be Trump’s punching bag and take at least some of the flak for Warsh.

Fortune

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Tesla's former HR chief: the AI layoff panic Is built on a false premise—here's what most workers need to know

The hyperscaler math driving cuts at Meta and Microsoft does not apply to the companies where most Americans actually work.

Fortune

Apple just posted $111 billion in revenue. Now its incoming CEO and CFO are teaming up

Apple's next CEO, John Ternus, plans to continue the company's financial discipline into its next era.

Fortune

Current price of oil as of May 1, 2026

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

Fortune

Startup Fun raises $72 million for the serious business of converting crypto and cash

The crypto investor Multicoin Capital and the tech VC SignalFire led the Series A fundraise.

Fortune

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As the world swelters, companies scramble for ways to keep everyone cool

From record heat to rising energy costs, climate control is now strategic—helping companies like Trane Technologies post strong results as AI reshapes how buildings are managed

Fortune

The fruit fly cancer researcher who built his first prototype out of lollipop sticks and straws

For biomedical scientist Caíque Costa, fruit flies are where cancer breakthroughs begin. But caring for flies in a lab isn’t as easy as you may think.

Fortune

‘Cut up the credit cards:’ Members of Congress are getting brutal about ‘embarrassing’ $39 trillion national debt

“It’s only going to get worse until we cut up the credit cards and get serious.”

Fortune

SEON CEO: Prediction markets can forecast the future. Can they survive their own manipulation problem?

The prediction markets supercycle has outpaced its regulatory infrastructure — and the next 12 months of CFTC rulemaking will determine

Fortune

Apple’s new CEO said he will continue the company's tradition of secrecy—and Wall Street loved it

Everything you need to know before you reach the office this morning.

Fortune

Brian Niccol’s nascent Starbucks turnaround starts with treating workers better

Also: All the news and watercooler chat from Fortune.

Fortune

Hitting the 'GenAI wall': Where generative AI stops working, and what it means for your talent strategy

Companies that assume GenAI eliminates the need for expertise will hit the AI wall—and wonder why their workforce transformation has stalled.

Fortune

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Snap CEO praises AI for writing two-thirds of the company’s code but warns fellow tech executives underestimate 'societal pushback' to the tech

A survey in March found only 26% of Americans had a favorable view of AI.

Fortune

The U.S. economy is booming — just not where 50 million Americans live

Economic opportunity in America has become dangerously concentrated, with just over 100 counties accounting for half of all U.S. job growth.

Fortune

America at 250: immigration and the making of an innovative nation

The chairman of the Ellis Island Honors Society says we would do well to build an immigration system worthy of this legacy of immigration and innovation.

Fortune

Meta wants to spend more even after it lost $80 billion on the Metaverse and over 20 million users

Meta increased its capital spending by $10 billion because it “continued to underestimate” its compute needs, said its CFO.

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Fortune

The national debt is the same size as the economy. It's a 'disturbing warning and a call to action,' watchdog says

A new bipartisan survey finds near-universal concern that the national debt is driving up everyday costs, as fiscal confidence hits a 22-month low

Fortune

Tim Cook's advice to Apple's next CEO: The most important decision he'll make is 'where he spends his time'

Apple introduced incoming CEO John Ternus to Wall Street on its quarterly earnings call—and forecast great results for Q3.

Fortune

Meta’s threat to quit New Mexico ‘is showing the world how little it cares about child safety,’ AG says

On May 4, Meta and New Mexico square off in court over injunctive relief requested by the NM Attorney General.

Fortune

‘This is not normal’: Former Fed economist sounds alarm on Kevin Warsh after one-sided confirmation

Claudia Sahm worked with Warsh when they were at the Fed but doesn’t know him personally. She told Fortune that his disrespect for Democrats was striking.

Fortune

Wind energy executive says company ‘must adapt’ as Trump offers $2 billion to kill offshore wind projects

“My goal is to not let any windmill be built. They’re losers,” Trump said to oil executives in January.

Fortune

Big Tech is about to spend $700 billion on AI this year. No one knows where the buildout ends.

The hyperscalers are pouring unprecedented capital into chips, data centers, and power—but investors remain split on how long the surge can last.

Fortune

China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard

The USGS estimates there’s 2.3 million metric tons of lithium oxide untapped in parts of Appalachia.

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