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The Latest Breaking News from Fortune

German prosecutors will drop probe of Russian magnate Usmanov after he agrees to pay nearly $12M

The Uzbek-born Russian billionaire, who was reelected as president of the International Fencing Federation last year, has faced EU sanctions since 2022.

Fortune

YouTuber’s viral ‘Somali day care’ video spurs sweeping federal fraud probe in Minnesota as Walz defends oversight of $18 billion

FBI Director Kash Patel and DHS Secretary Kristi Noem are looking closely at Minnesota after an independent journalist’s 40-minute video raised many views—and questions.

Fortune

Privatizing Fannie Mae and Freddie Mac the wrong way risks a second Great Recession

I served in the Obama and Biden administrations and saw excessive risk-taking by these enterprises help bring about the 2008 crash and Great Recession.

Fortune

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Television is a state of mind: why user experience will define the next era of media

I saw up close at MySpace what everyone is now learning from YouTube: users vote with their behavior, not with their loyalty.

Fortune

Corporate board service isn’t charity. It’s risk capital

"How much is too much?" It's an easy question, and the wrong one.

Fortune

Warren Buffett’s blind spot: Did the digital economy leave him behind?

Warren Buffett posted pedestrian investment returns over the last years of his career, due largely to a failure to grasp the potential of Big Tech.

Fortune

How Warren Buffett’s Geico fell behind Progressive in the auto-insurance race

While Geico was investing in marketing and neglecting IT, its rival Progressive was investing in technology and gaining market share.

Fortune

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Simon Sinek says not to worry about salaries during a job interview. Instead, ‘choose the job based on who you’re going to work for’

“Yes, I made less money than all of my friends in the short term,” Sinek said. “[But] I got an education and care from somebody who took me under their wing.”

Fortune

AI adoption at scale is hard. Just look at India, which processes about 20 billion transactions every month

The most valuable AI systems will not look dramatic. They will look ordinary. They will fade into routine decisions and familiar processes.

Fortune

Why Singapore is the only Southeast Asian country in Pax Silica, the U.S.’s new AI 'inner circle'

Singapore is “precisely the kind of ‘trusted node’ the U.S. is seeking to anchor AI-era supply chains,” says Ruben Durante, a professor at Singapore's NUS.

Fortune

OpenAI is hiring a 'head of preparedness' with a $550,000 salary to mitigate AI dangers that CEO Sam Altman warns will be 'stressful'

The tech company’s search for a new safety executive comes amid growing concern over the risk of AI.

Fortune

$25,000 per month: the cost of Trump tariffs on small business importers, revealed

The Center for American Progress said the tariffs haven't been a Christmas gift for American business, more like a lump of coal.

Fortune

The Netflix-Paramount saga caps a 2025 turning point, S&P says: Cable TV is in the 'decline stage,' with a long, slow bleedout ahead

"These decisions signify a shift in the media industry as companies abandon cable networks in favor of streaming services."

Fortune

Former Russian banking billionaire says an Instagram post cost him $9 billion: His company was sold for 3% of its value in 'hostage' situation

"I couldn’t negotiate the price. I was like a hostage," Oleg Tinkov told The New York Times in 2022. More details are now emerging.

Fortune

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Fortune

‘We’ve gotten out of whack’ by fixating so much on Fed rates, but the loss of its independence will be punished, BofA CEO Brian Moynihan says

“There’s too much fascination with the Fed,” Moynihan said.

Fortune

The world’s wealthiest families adopt these 7 key habits for success, according to JPMorgan

The secret to building serious wealth comes down to how often you pick up a book—a habit top minds like Bill Gates and Warren Buffett embrace.

Fortune

YouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content ‘equates to shorter attention spans’

Steve Chen said companies that distribute short-form video should add safeguards for kids.

Fortune

Gen Z can skip college and still earn big: Here are the top 15 highest-paying jobs that don’t require a degree

Gen Zers wanting to skip costly degrees don’t have to sacrifice career success; six-figure blue-collar jobs and cushy office gigs are still on the table.

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Fortune

Gen Z could wave goodbye to résumés because most companies have turned to skills-based recruitment—and find it more effective, research shows

It might not be long until résumé are a thing of the past because most bosses are favoring skills-based hiring and reporting big results.

Fortune

Every year, a billionaire CEO doles out $1,000 checks to local college grads—with a catch: They have to give half the money to charity

“The turmoil in our country has increased the need for caring, sharing and compassion,” Rob Hale said.

Fortune

The weakest labor market since 2011 has BofA asking, ‘Dude, where’s my job?’

“A lack of recovery in the jobs market and a slower U.S. economy are key risks to watch for in 2026.”

Fortune

Robinhood’s CFO transition played out over 7 years and included a powerful mentorship story

The CFO handoff from Jason Warnick to Shiv Verma shows how Robinhood has evolved from meme-stock disrupter to serious S&P 500 corporation.

Fortune

No one’s happier about calls for a ‘back-seat’ Fed than Fed insiders who were targeted by the White House this year

“How much can truly change under a single administration?” I asked one source. “Three years is a long time yet,” came the response.

Fortune

The job market in 2026 will suffer from 'uncomfortably slow growth' in the first half but reverse higher later in the year, JPMorgan says

"We believe supports are coming together that will arrest this labor market slowdown and revive activity growth later next year."

Fortune

'Godfather of AI' Geoffrey Hinton predicts 2026 will see the technology get even better and gain the ability to 'replace many other jobs'

"It's already extremely good. We're going to see it having the capabilities to replace many, many jobs."

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