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The Latest Breaking News from Fortune

‘We are now firmly back in a good is bad/bad is good regime’: Weak job data may lead to more rate cuts and boost stocks, Morgan Stanley economist says

Morgan Stanley’s top strategist Michael Wilson noted the labor market, more so than inflation, has become a crucial factor in determining future monetary policy.

Fortune

Actor Joseph Gordon-Levitt wonders why AI companies don't have to 'follow any laws'

Gordon-Levitt said that without establishing the principle that a person’s digital work belongs to them, the industry is heading down a “pretty dystopian road.”

Fortune

Kevin vs. Kevin: Warsh overtakes Hassett as favorite to be Fed chair nominee on prediction market

Warsh now has a 47% probability, up from 39% on Sunday, according to Kalshi. Hassett has fallen to 41%, down from 51% on Sunday and 81% on Dec. 3.

Fortune

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'I had to take 60 meetings': Jeff Bezos says 'the hardest thing I've ever done' was raising the first million dollars of seed capital for Amazon

“The whole enterprise could’ve been extinguished then,” Bezos recalled.

Fortune

What happens to old AI chips? They're still put to good use and don't depreciate that fast, analyst says

"For inference, the latest hardware helps but is often not essential, so chip quantity can substitute for cutting-edge quality."

Fortune

Google cofounder Sergey Brin said he was 'spiraling' before returning to work on Gemini—and staying retired 'would've been a big mistake'

Brin said he planned to study physics at cafés following his retirement in 2019.

Fortune

PwC U.K. is giving Gen Z grads 'resilience’ training in their first 6 months on the job, to get better at handling criticisms and office politics

PwC U.K.’s chief people officer described resilience as the ability to handle day-to-day work dynamics—especially pressure, criticism, or sticky situations—as it offers training to Gen Z new hires.

Fortune

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Rich, western countries face a stark choice: 6-day workweeks or more immigration, top economist warns

One of the world’s foremost economists, Lant Pritchett, has a plan.

Fortune

Scott Bessent said Trump could announce a new Fed chair 'before Christmas': Here's what you need to know about the leading candidates

What to know about Fed candidates Kevin Hassett, Kevin Warsh, Chris Waller and Rick Rieder.

Fortune

Meetings are not work, says Southwest Airlines CEO—and he’s taking action, by blocking his calendar every afternoon from Wednesday to Friday

Southwest Airlines CEO Bob Jordan says too many execs mistake packed calendars for productivity. He’s found a “crazy” solution.

Fortune

Bittensor, the AI-linked cryptocurrency founded by a former Google engineer, just halved its supply. Here’s what that means

The mechanics of Bittensor mirror those of Bitcoin, the world’s largest cryptocurrency.

Fortune

Airbnb CEO Brian Chesky says he went to 'night school' for an hour every day with Barack Obama and even turned in homework

The billionaire founder admits a weekly mentorship call with the former president came with assignments like being more intentional with his friendships.

Fortune

Birkin bags can double in value in 5 years. An Hermès expert explains why it’s a better investment than gold

Thanks to its exclusivity and its status as an investment piece, a Birkin bag’s value is much higher than its sticker price of around $12,000.

Fortune

I lead Microsoft’s enterprise AI agent strategy. Here’s what every company should know about how agents will rewrite work

History shows that breakthrough technologies don’t just slot into existing systems, they make us rethink those systems entirely.

Fortune

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Sorry six-figure earners: Elon Musk say that money will 'disappear' in the future as AI makes work (and salaries) irrelevant

If Elon Musk is right, your six-figure salary—and any savings and investments you’ve built—could be irrelevant within a few decades.

Fortune

Unlimited vacation policies can work—it just depends on where employees are based

Unlimited vacation polices work for European employees, who took more days off than their counterparts with fixed time off this year.

Fortune

Crypto wallets, long a painful experience, now feel a lot more like Venmo

Wallet makers hope they can achieve ‘super app’ status—but that may be a long way off.

Fortune

Earnings calls citing 'AI' surge in 2025 as 'uncertainty' mentions fade

AI talk hits a record high.

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Fortune

The Magnificent 7 isn't that magnificent: 5 of them have underperformed the market this year

Investors are picking between winners and losers in tech, as opposed to just herding into the index or tech stocks as a whole.

Fortune

This Thrive-backed startup says it aspires to be the “Amazon of homes”

Since 2022, Homebound has raised a combined $400 million in equity and real estate capital, the company told Fortune.

Fortune

Exclusive: Visa launches stablecoins advisory practice to keep up with crypto wave

The payment giant is seeking to guide fintechs and banks in navigating the crypto landscape

Fortune

Not all CEOs favor Trump's executive order to block state AI laws

Also: All the news and watercooler chat from Fortune.

Fortune

Deloitte's CTO: companies are spending 93% on tech and only 7% on people and that has to change

Bill Briggs recognizes an old inertia inside the boardroom: “I felt it in my travels, but I hadn’t been able to quantify it.”

Fortune

Rob Reiner, comedy legend who directed ‘When Harry Met Sally’ and ‘Spinal Tap,’ dead at 78

Reiner and his wife, Michele Singer, were found dead Sunday at their home in the Brentwood neighborhood of Los Angeles.

Fortune

A 'new era' in the housing market is about to begin as affordability finally improves 'for the first time in a bunch of years,' economist says

"It's not a dramatic improvement, but it's the start of the new era."

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