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The Latest Breaking News from Fortune

40% of Russell 2000 companies are unprofitable, but their stock outperforms—and ‘the bubble could continue,’ one analyst says

Wall Street wants to know if the stock market is partying like it’s 1999.

Fortune

To lead in AI, start smaller

If you want people to adopt AI, you must change the systems that guide them.

Fortune

Marketing leaders say AI is rewriting how brands reach Gen Z and millennials

Top executives say AI is helping their users lean into being more personable.

Fortune

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read the most diverse news in one place.

$50B fintech CEO says stop selling AI. Customers don’t care and ‘just want their problem solved’

The CEO of the largest digital bank says stop peddling new technology as your selling point.

Fortune

This is the worst the jobs market has looked (outside of a recession) in 50 years, says Goldman Sachs, meaning bullish GDP estimates are overly optimistic

Jan Hatzius warns America’s job market slump could drag down growth, with front-loaded orders and AI disruption skewing GDP signals.

Fortune

Experts say the high failure rate in AI adoption isn’t a bug, but a feature: ‘Has anybody ever started to ride a bike on the first try?’

At the Fortune Most Powerful Women Summit, one thing was clear: We’re still on the “jagged frontier” of AI adoption.

Fortune

Coach CEO Todd Kahn: ‘We can win with a Chinese consumer because of American design’

Also: All the news and watercooler chat from Fortune.

Fortune

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Exclusive: David Tisch’s BoxGroup raises $550 million across two new funds as venture firm crosses 16 years

Tisch has invested at the early stage in Ramp, Cursor, and other tech giants.

Fortune

CEO writes hundreds of thank you notes to staff and still eats in the break room—which 'always, for whatever reason, blows new employees away'

First Watch CEO Chris Tomasso isn’t afraid to pick up pen and paper—something similarly embraced by top business leaders at Chevron and even OpenAI.

Fortune

Trump immigration policies would slash workforce estimate by 15.7 million and slow GDP growth by a third over the next decade, study says

“Immigrants both create demand for the goods and services produced by U.S.-born workers and work alongside them in ways that increase productivity for both groups.”

Fortune

‘Sad, if not damning’: Cathie Wood blasts the proxy firms who say Elon Musk’s $1 trillion pay package is just too rich

“Index-based investing is a form of socialism. Our investment system is broken,” the longtime Tesla bull said, calling proxy firms “menaces to innovation.”

Fortune

Walmart's deal with ChatGPT should worry every ecommerce small business: Your website is living on borrowed time in the age of AI

What happens when your customers stop coming to your website entirely?

Fortune

Air traffic controllers are becoming Uber drivers and restaurant servers on top of six-day airport shifts to make ends meet during government shutdown

Deemed essential workers, controllers are required to work during the shutdown, but will receive a $0 paycheck starting next week.

Fortune

Former Sears boss says CEOs won’t challenge Trump’s tariffs out of ‘cowardice’—but the holidays are fast approaching, and ‘the party is over’

He expects many shelves at retailers will be empty this holiday season.

Fortune

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Fortune

Florida's housing market was skewed wildly by the pandemic. It's finally coming to grips with a 'realistic middle ground'

Now might not be the right time to sell your house in Florida.

Fortune

Top analyst still thinks we’re on the cusp of a new boom for the economy, but investors aren’t with him: ‘Markets remain choppy’

Morgan Stanley’s Mike Wilson says he needs to see more before giving the “all-clear” on chances of a further near-term correction.

Fortune

‘He was very proud, but never said it’: One of the greatest soccer managers alive on how his dad motivated him to work harder

Jürgen Klopp admitted it was “not nice” that his father would never let him win at anything, but it inspired him to play “like a heavy metal band.”

Fortune

Coinbase, Robinhood down as Amazon outage briefly cripples the internet

Other non-crypto companies affected include Snapchat, Hulu, and McDonald’s.

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Fortune

J. Crew CEO bought her first interview suit at the iconic retailer. Now she wants to capitalize on nostalgia

CEO Libby Wadle aims to unite consumers of all ages with “moments of resonance.”

Fortune

As workers fear for AI job cuts, Open AI co-founder says AI agents will take a decade before they even work: ‘They don't have enough intelligence’

For employees worried that AI agents could take their jobs, Andrej Karpathy, co-founder of OpenAI says the technology is still far from perfect.

Fortune

Jensen Huang says the future workforce will be a mix of ‘humans and digital humans,’ who could be licensed out or hired—and need onboarding

“I tell my CIO, our company’s IT department, they’re going to be the HR department of agentic AI in the future,” Huang said.

Fortune

Scott Galloway says don’t aspire to be a billionaire, because ‘it’s not going to get you anything.’ Here’s what to do with money instead of hoarding it

Galloway’s advice aligns with research from Nobel Prize–winning psychologist Daniel Kahneman, who examined the relationship between income and happiness.

Fortune

Wall Street might be panicking over private credit, but insiders can’t see what all the fuss is about

Some say this is more about mudslinging between private credit’s competitors and a misunderstanding about direct lending.

Fortune

Billionaire Bill Ackman says he doesn’t like ‘wasting money’—he’ll even drive elsewhere for cheaper garages, despite once owning a parking company

Pershing Square Capital founder Bill Ackman, worth $8.4 billion, turns off every light and gets upset at wasting money on the little things. Warren Buffett and Lucy Guo agree they hate blowing cash on unnecessary luxuries.

Fortune

Exclusive: Early AI darling LangChain is now a unicorn with a fresh $125 million in funding

With new funding led by IVP and a roster of enterprise customers, LangChain wants to power the coming wave of AI agents—and investors are betting it could be the next big infrastructure giant.

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