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The Latest Breaking News from Fortune

Our AI startup is growing 40% a month helping financial advisers do what they love: giving advice

Our growth has come at a time when the investment landscape is more complicated than ever. It's no coincidence.

Fortune · Aug 21

Billionaire Jeff Bezos once asked Warren Buffett why so few people copy his strategy—now he's backing $7 billion Liverpool FC

If Amazon founder Jeff Bezos takes his own Warren Buffet-inspired advice, Liverpool fans can expect him to stick around for at least seven years.

Fortune · Aug 21

Prediction market exec says gambling fight could reach Supreme Court by June

A possible circuit split could determine whether federal commodities law overrides state gambling rules.

Fortune · Aug 21

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Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO

In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion

Fortune · Aug 20

Supermicro investigation clears CEO in $2.5 billion alleged smuggling scheme

The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more legal exposure to the beleaguered company.

Fortune · Aug 20

Exclusive: The man leading Trump’s RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicion

“I was in my bedroom,” OPM director Scott Kupor said in an all-hands meeting this week. “I was trying to find something that was not recognizable as being in my house, basically.”

Fortune · Aug 20

AI lab's safety systems are falling behind

Recent incidents involving OpenAI, Anthropic, and Meta show what happens when increasingly capable AI agents are tested in flawed environments. A new assessment finds leading labs are better at spotting risky behavior than reliably stopping it.

Fortune · Aug 20

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Scott Bessent on the national debt: 'There's nothing magic about the $40 trillion number'

"We can grow our way out of that," the Treasury Secretary told CNBC on Thursday.

Fortune · Aug 20

Gen Z forced to rewrite the American Dream in the 'Great Postponement': Fixer-uppers, side hustles and doing life out of order

"We've not seen challenges in terms of affordability like this in more than a generation," said Wharton professor Susan Wachter.

Fortune · Aug 20

Facing weary customers, Walmart will use its nearly $3 billion in tariff refunds to lower prices

Walmart passed on tariff-related costs last year and is now trying to lower prices as shares fell nearly 9% after its U.S. sales growth hit a six-year low.

Fortune · Aug 20

Bill Ackman's $400 million brain institute was inspired by his daughter—and built outside elite universities, which he says are losing talent

The billionaire investor said campus politics and funding cuts have made academia less attractive

Fortune · Aug 20

Moderna co-founder is a billionaire once again at $1.7 billion—he once turned down 20 high-paying job offers to ‘have more of an impact on the world’

Billionaire biotech pioneer Robert Langer advises workers to do what makes them happy over money and job security: “If you give up too easily, that's not good.”

Fortune · Aug 20

One U.S. Army unit is offering 4-days off to play Grand Theft Auto—but there’s a catch: they’ll have to reenlist if they take the day off to play

From the Army to small businesses: organizations are getting ahead of the GTA VI launch curve—and giving days off to steal virtual cars.

Fortune · Aug 20

How Nneka Ogwumike changed the WNBA

The president of the WNBA players' union is retiring after 15 seasons—and a labor agreement that's historic across professional sports.

Fortune · Aug 20

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Fortune · Aug 20

As U.S. debt hits $40 trillion, Americans will foot the bill: Report finds $700 a month is at stake for retirees, and poses $53,000 hit to families

"Addressing the national debt deserves to be a high priority for both voters and lawmakers, to benefit all Americans."

Fortune · Aug 20

Exclusive: Venezuela, sick with hyperinflation, engages the ‘money doctor’ Steve Hanke for a dose of dollarization medicine

The Johns Hopkins professor has spent five decades traveling the world, fighting for the cause of sound money. He's taking on his biggest dragon yet.

Fortune · Aug 20

Your next oil change is becoming a bigger part of car dealers’ business as profits cool and service departments make up the difference

Dealers are chasing service revenue as pandemic-era profits from selling cars fall back to Earth.

Fortune · Aug 20

'Game-changer' GLP-1s could fix America's obesity crisis—but 2 inequalities stand in the way

Wells Fargo Industry Insights' Robin Wenzel says the drugs are rewriting healthcare economics, but the math doesn't "pencil out" too often.

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news in one place.

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Fortune · Aug 20

Klarna wants its next CFO in New York. That's a signal to Wall Street

Niclas Neglén is stepping down as finance chief, and the company's next CFO will need capital markets credibility, says a recruiting expert.

Fortune · Aug 20

'Capital alone no longer clears a site': Morgan Stanley says data centers' big money era is over

Political backlash must now be "underwritten like land, power or labor," the investment bank said.

Fortune · Aug 20

Portfolio review takes on a new urgency for VCs as AI makes 2024's great deals look like 2026's clear mistakes

In venture capital, the half-life of a thesis has never been shorter.

Fortune · Aug 20

Current price of oil as of Aug. 20, 2026

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

Fortune · Aug 20

AI is becoming a financial engineering business

As large language models become more interchangeable, balance sheets will matter as much as tech breakthroughs in the AI race.

Fortune · Aug 20

Bessent’s $4 billion bond plan is like ‘rearranging deckchairs on the Titanic given the U.S. national debt of $40 trillion,’ ING says

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

Fortune · Aug 20

AI won’t fix enterprise complexity. Rewiring will

Picture a railroad that spends billions on the fastest trains in the world, then runs them on the same aging rails. The tracks are the constraint.

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