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The Latest Breaking News from Fortune

The most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one

It’s not just the Jevons Paradox—it’s also the lump of labor fallacy. But there’s no God-given right for entry-level work to exist.

Fortune

This summer's heat is a live stress test for data centers — here's what it's revealing in real time

Almost 80% of global data centers face some form of climate risk, and it could cost developers trillions in the coming decades.

Fortune

Ford on why it hired 350 'gray beard' engineers: you need their mentorship for younger workers — and to drive huge AI productivity gains

"These engineers carry the hard-earned wisdom of decades of design," Ford told Fortune, adding that AI is important to quality gains.

Fortune

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The Supreme Court upholds Fed independence by saving Lisa Cook’s job—and also saves U.S. debt from a crisis

“Not only the fact of independence but also the appearance of independence is key to the Federal Reserve’s design.”

Fortune

Wearables offer tons of data but people are still going to sleep to Netflix and TikTok

A group of experts at the Fortune Brainstorm Tech event in Aspen pinpointed a problem: People have more data than ever from their wearables, but nobody knows what to do with the information.

Fortune

Strategy may sell up to $1.25 billion in Bitcoin to calm investor jitters

Strategy continues its shift away from aggressive Bitcoin accumulation as market conditions deteriorate.

Fortune

Hyperscalers could end up resembling airlines—plagued by small margins, intense competition, and high expenses, AI skeptic warns

“In placing massive hyperscaling bets, investors are setting lavish expectations about future earnings.”

Fortune

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Target is starting to track employees’ unexcused lateness and absences with a points system—and if they rack up 12, they’re fired

Target staffers who clock in late and skip work enough to rack up 12 points will be shown the door. It’s just one way companies are tightening their grip on in-person attendance.

Fortune

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'sadly,' it makes the world a worse place

Musk has offered thoughts on philanthropy: “It’s very easy to give money away to get the appearance of goodness” but it's very difficult to get “reality.”

Fortune

Dave Portnoy quit an $80K sales job to start Barstool—he hand-delivered papers in a secondhand van while living with his girlfriend's mom for 6 years

Dave Portnoy left his cushy 9-to-5 and spent years delivering papers and even scooping dog waste before success. Now he’s worth $250 million.

Fortune

Companies turn the World Cup into a workplace culture play, loosening attendance rules and hosting office watch parties

Streaming watch parties from the conference room and buying drinks to work at the bar. Meet the bosses embracing the World Cup.

Fortune

Current price of oil as of June 29, 2026

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

Fortune

AI spending boom accelerates as Big Tech pours trillions into infrastructure

JPMorgan raised its AI capital spending forecast through 2030 as companies continue to expand AI infrastructure.

Fortune

The sell-off in Strategy's preferred stock has investors questioning everything

The Bitcoin bull said in 2025 that Strategy’s newest stock offering had no “downside,” but investors beg to differ.

Fortune

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Fortune

The CEO behind Grand Theft Auto VI doesn’t play video games, but is staking $1.5 billion on the biggest game launch of the decade

“I don’t think being consumer-in-chief really helps a CEO be effective in this business,” said Take-Two Interactive Software CEO Strauss Zelnick.

Fortune

Mozilla President: meet the open source 'rebel alliance' that could break Big Tech's grip on AI

Middle powers like Canada and the EU are quietly building an alternative AI future — one that's open, accountable, and not controlled by a handful of labs.

Fortune

Why BlackRock, Nvidia, and Temasek are betting billions on quantum computing

Geopolitical competition and meaningful exits are convincing Wall Street the technology may finally be nearing its moment.

Fortune

Ray Dalio was a ‘below average’ student who got into investing by caddying for Wall Street traders: Now he hires talent who have experienced hardship

“What I find quite often is the case is that that student who did really, really well—and in remembering all the things that they’ve learned and so on—hadn’t gone through anything like that, [and] may not be the most inventive, may not be the most determined.”

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news in one place.

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Fortune

As JPMorgan's CEO race heats up, the case for a head-to-head succession contest is put to the test

JPMorgan's CEO succession race gives a clue as to why boards still pit top contenders against each other.

Fortune

Wendy Schmidt: Three centuries of science is something to celebrate

George Washington Died Not Knowing Dinosaurs Existed. Three Centuries Later, Science Has Never Needed More Defense.

Fortune

Atomic Industries CEO: America spent 60 years retreating from manufacturing. The next 100 are about building it back

The American millennium won't arrive on its own — it has to be built, industry by industry, community by community.

Fortune

President Trump will not get what he wants from Kevin Warsh, a source tells us, as inflation will force the Fed upwards

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

Fortune

CEOs have forgotten the moderate playbook. The stakes for relearning it have never been higher

Also: All the news and watercooler chat from Fortune.

Fortune

Harvard's housing report has a darker message than affordability—the middle-class home was always a historical accident

Harvard's U.S. housing report points to an uncomfortable conclusion: homeownership is no longer something you earn. It's something you inherit.

Fortune

A former Fed colleague of Kevin Warsh on what to expect: ‘Plan for higher rates’

Esther George spent a decade dissenting in favor of tighter policy. Now, she says, Warsh may have no choice but to raise rates.

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