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The Latest Breaking News from Fortune

I led the Big 10’s $2.4 billion public-capital venture. Here’s what college sports needs next

Universities pay professional prices for talent but neglect the infrastructure that helps teams win.

Fortune · Oct 7

Dropbox's CTO wants every employee at the cloud-storage company to use AI. He's letting them find their own ways to use it

Dropbox CTO Ali Dasdan has focused on making AI tools widely available and empowering employees to experiment, rather than mandating usage from the top.

Fortune · Oct 7

The great boomer hoard: Americans 55 and over hold $140 trillion, roughly three-quarters of total net worth

Older households’ net worth rose more than 20% in two years on the back of an AI-fueled stock rally, and boomers hold most of it.

Fortune · Oct 7

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Billionaires have left the U.K. and taken $160 billion to the likes of Monaco, Switzerland, and the UAE—that's more than those who stayed are worth

The ultra-rich have exited the U.K. for tax safe havens. A steel billionaire quit Britain after 30 years for the Alps, and an 88-year-old fled to Monaco.

Fortune · Oct 7

Job-hopping got workers an 18% raise in 2022. Now it’s 8%—and Gen Z is hurt the most

The pay bump for switching jobs has shrunk to its smallest edge over staying put in seven years, just as more than half of Gen Z professionals say they’re ready to jump ship.

Fortune · Oct 7

Linda Yaccarino spent 2 years as Elon Musk’s X CEO. She says his ‘insatiable sense of urgency’ is the secret to his trillionaire success

As CEO of X, Linda Yaccarino saw firsthand what has fueled Elon Musk’s path to a trillionaire: treating every deadline like it’s right now.

Fortune · Oct 7

Why the AI age calls for ‘founder mode’

The onset of the technology demands leaders who stay close to the work, move quickly, and rethink what their companies can become.

Fortune · Oct 7

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Meet the two cofounders who went on a 10-month trip before starting their $350 million business. They say you should, too

They trekked through China, Colombia, and the Philippines—and it made their bond stronger.

Fortune · Oct 7

How much you need to retire in every state after Social Security—from $644,000 in North Dakota to $1 million in New Jersey

There's no magic retirement number. Here's what you need in every state after Social Security.

Fortune · Oct 7

Baby boomers are skipping Florida for the Carolinas in retirement—and cheaper homes are only part of the reason

Florida still ranked No. 3 for boomers in U-Haul’s new midyear report, but lower property taxes, cheaper housing, and a quieter pace pushed South Carolina and North Carolina ahead.

Fortune · Oct 7

Exclusive: Portal Ventures–backed Vest raises $13 million to build a proprietary trading firm that shares traders’ profits

Senior executives at Citadel Securities, BlackRock, and KKR also contributed to the round.

Fortune · Oct 7

Meet 10 finance leaders on Fortune’s Most Powerful Women Asia list

Finance chiefs at Huawei, ByteDance, and Sony are among the executives recognized in the 2026 ranking.

Fortune · Oct 7

Current price of oil as of Oct. 7, 2026

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

Fortune · Oct 7

Why Oura delayed its IPO

Oura, the smart ring maker, cited “uncertainty” as its reason for delaying its much-anticipated public offering.

Fortune · Oct 7

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Fortune · Oct 7

AI is heading toward a cash-flow negative inflection point, and spending will slow in 2027, Wall Street thinks

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

Fortune · Oct 7

Inside the Gulf’s Emerging Secondaries Market: A New Route to Liquidity

As global and regional liquidity tightens, a nascent Gulf secondary market is giving investors, founders, and early backers a new route to monetisation

Fortune · Oct 7

Saudi’s economic transformation collides with war and falling FDI

In this week’s Fortune Gulf Brief.

Fortune · Oct 7

Bayer's CEO cut manager ranks by 70%. Now comes the hard part

Also: All the news and watercooler chat from Fortune.

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news in one place.

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Fortune · Oct 7

A $13 billion property mogul is the latest to flee Britain’s new taxes for Monaco, a warning sign as California votes on a billionaire tax

David Reuben’s move to Monaco follows a wave of departures since the U.K. scrapped its “non-dom” regime—and offers a preview of the fight California voters are deciding with Proposition 40.

Fortune · Oct 7

Citi shortens its analyst program to two years as Wall Street fights private equity for young talent

“The reality that private equity is interviewing so early in a banker’s career is very unfortunate, and to some extent, disappointing,” one Citi executive said.

Fortune · Oct 7

Why McDonald’s faces a tough slog winning customers back

High inflation and poor execution are turning off many of the burger giant’s customers.

Fortune · Oct 7

Will AI kill the Asian entertainment industry, or reinvent it?

Studios in China are turning to models from ByteDance and Kling to generate 100-minute short dramas for less than $3000.

Fortune · Oct 7

Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

Rush will give up 298 gold bars, Palm Beach and Jupiter Island real estate, 35 watches, two BMW Alpinas and about $40 million in cash.

Fortune · Oct 6

He manages one of the most successful soccer clubs in the world and is the elite leader every CEO wants to talk to. So why has Mikel Arteta decided to go public on having his own DNA mapped?

The Arsenal boss talks to Fortune on the link between health, leadership, and sporting success.

Fortune · Oct 6

OpenAI's Human Rights Lead: What the military could do with AI 'keeps me up at night'

Sarah Yager joined OpenAI recently, and though she was initially skeptical that her position was merely a PR stunt, she says she's had some early success influencing the safety of the technology.

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