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The Latest Breaking News from Fortune

Elon Musk’s best friend could make $100 billion on SpaceX. His firm is also owed billions

Antonio Gracias' Valor entities hold a massive SpaceX stake—and are on the other side of nearly $20 billion in AI hardware financing deals guaranteed by the company.

Fortune

Simon Sinek says the most successful people in the world ‘hit zero’ or came close to it: Failure is ‘the gift’

The leadership expert behind one of the most-watched TED Talks of all time says rock bottom is a feature, not a bug, of every success story.

Fortune

'Nobody knows anything' and 'this time is different': the phrases that define — and haunt — the AI economy

Wharton's Ethan Mollick said he talks to AI labs and CEOs all the time, and "anyone who's like, 'We have the playbook'—they're lying to you."

Fortune

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Forget quiet quitting—instead, millennials are taking ‘quiet vacations’ and checking out of work (and the country) on company dime

4 in 10 millennials take a quiet vacation—here’s how to tell if your worker is one of them.

Fortune

Shark Tank star Kevin O’Leary blasts the 4-day week as the ‘stupidest idea’ because the digital economy means we're always working

“There's no such thing as a workweek anymore anyway,” the millionaire says—but he admits the 9-to-5 approach is outdated, too.

Fortune

A billionaire and an A-list actor found refuge in a 37-home Florida neighborhood with armed guards—proof that privacy is now the ultimate luxury

Most of the houses are about the size of two football fields and sit on the edge of an artificial lake, giving each home its own bubble of privacy.

Fortune

The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructure

Welcome to the World Cup, where the bus is a school bus, the train costs $98, and there’s no sidewalk to the stadium.

Fortune

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PepsiCo CPO says their ‘secret sauce’ to hiring top talent is that they all have hustle—And are agile and curious in the AI era

Becky Schmitt, the chief people officer of PepsiCo, says the legacy brand is still looking for old-school skills even as it shifts gears in the current AI transformation.

Fortune

I’m leading a $100 million corporate turnaround. Here’s why I learned to distrust the growth mindset

Here's why Silicon Valley's growth-first playbook is destroying an industry—and what it took to reverse $41 million in losses.

Fortune

The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire

From the housing market to the corner office, America is paying the price for a generation that never learned to let go.

Fortune

Russia's economy is much worse than it seems, and 'elites are increasingly alarmed' as alternate GDP gauge shows huge contraction

While Russia has claimed its GDP expanded by about 13% between 2020 and 2024, Sweden's analysis of nighttime luminosity shows the economy actually shrank by 8% during that span.

Fortune

SpaceX stock is about to join this growing constellation of public companies building a space-based economy

In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications or imagery.

Fortune

The more generous U.S. ceasefire terms are, the more suspicious Iran becomes they're a ruse for another attack, expert says

"The deal in play looks like a win for Iran. But Tehran is not convinced that it is not a dress rehearsal for war now or in 30 days."

Fortune

SpaceX's next-gen rocket is the key to its sky-high valuation, early investor says: 'Starship also enables all kinds of frontier markets'

SpaceX’s launch business gives it "access to orbit," said Space Capital CEO Chad Anderson.

Fortune

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Fortune

40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs

Suzy Welch has some advice for people struggling to get hired.

Fortune

Uber CEO says rideshare ‘freed up’ his son from having to get a driver’s license—and he’s one of many Gen Zers who aren’t willing to drive

“This drives me crazy. My son is over 18,” Dara Khosrowshahi said on a podcast. “I’m still trying to get my son to get his driver’s license.”

Fortune

BofA says you'll be 10x more productive with AI. Ignore the 0.1% result so far

The bank sees a productivity boom and an implementation gap. Here's the argument for why it will close — and why the bubble may pop before that.

Fortune

Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail

The ultrawealthy now treat visibility as a liability and they're paying to disappear from luxury real estate records.

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Fortune

I was one of the internet's first influencers. AI just killed the whole category — and created something better

AI didn't just commoditize content — it made credibility the scarcest resource on the internet. What comes next will reward experts, not entertainers.

Fortune

AI hallucinations are slipping past experts into papers and books to enter the permanent record

Academic papers, popular books, and legal decisions are peppered with AI mistakes that are getting harder to clean up.

Fortune

As AI wipes out white-collar jobs, one Alabama high school and Toyota are training students for roles that pay $40 an hour and can't be automated

The Huntsville Center for Technology gives high school students a foothold in the skilled trades amid a job market starved for that talent.

Fortune

It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off

NextDecade has overcome industry doubters, the sudden death of its founder, and contentious legal fights with environmental groups to soon bring Rio Grande LNG online.

Fortune

As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz—'it makes one wonder why the war started to begin with'

"I personally am a skeptic of the idea that Iran cannot be denied the ability to terrorize the Strait and the region cannot protect itself against Iranian military capability."

Fortune

U.S. debt is the 'elephant in the room' amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn

"In our view, unsustainable fiscal dynamics are compounding with a reflation story, turning a short-term problem into a long-end selloff."

Fortune

The Fed's worst inflation fears may be coming true as consumers lose faith in long-term prices—even Trump supporters doubt he can bring relief

"Critically, consumers appear worried that inflation will increase and proliferate beyond fuel prices, even in the long run."

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