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The Latest Breaking News from 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

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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.

Fortune

Jeff Bezos sold his Seattle mansion for record-breaking $63 million after he and wife Lauren Sánchez moved to Miami to live in $237 million compound

The Amazon founder owns three Miami mansions in the Billionaire Bunker.

Fortune

Empathy is the most under-hyped factor of the AI transformation era, American Express exec says

Anna Marrs, group president of global merchant and network services, American Express, spoke at Fortune’s Most Powerful Women conference on Wednesday.

Fortune

It’s not 40 hours—Gen Zers don’t know how long they need to work in a week and even experts can’t decide

Cerebras CEO says entrepreneurs should work "every waking minute," and Google's Sergey Brin told Gemini staffers a 60-hour workweek is the “sweet spot”—but experts say that’s outrageous.

Fortune

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Big Bang Theory star had an existential crisis after his big break—despite making $1 million an episode: 'You feel empty’

After The Big Bang Theory made him a multimillionaire, Kunal Nayyar hit an unexpected low: “I was in my early 30s, and I had everything,” the actor tells Fortune. “But the truth is, nothing can satisfy you.”

Fortune

Current price of gold: October 20, 2025

Trends in gold prices could indicate whether the asset can protect against inflation. Here’s a look at how the precious metal is doing today.

Fortune

Why AI failures are worth talking about—loudly and publicly

When it comes to experimenting with AI, these women C-suite executives advise giving employees permission to fail.

Fortune

Plaid names Seun Sodipo CFO as it enters next phase of fintech growth

Sodipo joins the company from Glossier, where she was CFO.

Fortune

Ripple effects: The XRP company is pushing into mainstream finance but can it find a use for all its cryptocurrency?

The company just spent $1 billion to acquire a treasury management firm.

Fortune

Sharpie is resurrecting a cult classic after devotees like Kansas City Chiefs coach Andy Reid clamored for this long-beloved marker

The re-launched fine-tipped markers will be sold exclusively at Walmart.

Fortune

How Wells Fargo’s CEO led the bank from scandal to stability

Charlie Scharf rebuilt a broken bank using clear accountability and a refusal to chase flash over fundamentals.

Fortune

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Stock traders are delighted at the prospect of Trump losing his tariff war

Investors are increasingly convinced that the Fed’s rate cuts are now locked in. The notion that the U.S. Supreme Court may rule that Trump’s tariffs are illegal would be the icing on the equity cake.

Fortune

Celebrity chef Mario Carbone backs AI-powered loyalty startup Magic in $10 million seed round

Why Carbone’s Major Food Group and Lerer Hippeau are taking a bet on the future of dining.

Fortune

Trump’s hand in the tariff war he started gets weaker still, as Beijing comes in ahead of growth forecasts

President Trump’s tariff leverage over China faces new strain as Beijing’s economy posts stronger than expected growth and diversifies exports.

Fortune

America’s health care system is working out how to function with fewer immigrants and an aging population—it’s not going particularly well

Skilled foreign-born workers need clarity and confidence when it comes to American immigration policy, say health care professionals, who are needed to care for the nation’s aging population.

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Fortune

AMD’s Lisa Su and HP’s Enrique Lores describe how they went from ho-hum to high-end

Also: All the news and watercooler chat from Fortune.

Fortune

This Gen Zer dropped out of college and is making over $100,000 repairing plane engines after 21 months of training

“I was studying mechanical engineering and I didn't like the fact that half of my classes didn't relate to the actual career that I wanted to get into.”

Fortune

Dow futures rally as Trump softens tone on trade war again while first tech earnings and inflation report loom

On Tuesday, Netflix and Texas Instruments are due. On Wednesday, Tesla and IBM will report, while Intel is scheduled for Thursday.

Fortune

Jensen Huang says Nvidia went from 95% market share in China to 0%—‘I can’t imagine any policymaker thinking that that’s a good idea’

“Before we leap towards policies that are hurtful to other people, take a step back and maybe reflect on what are the policies that are helpful to America.”

Fortune

McDonald’s CEO Chris Kempczinski reveals how often he eats at the fast-food chain

“Sometimes it might be a breakfast. Sometimes it might be a lunch. But hey, one of the perks of the job—you get to eat at McDonald’s a lot.”

Fortune

Trump says he is ‘not looking to destroy China’ after previously warning he could, and calls Xi Jinping’s life story worthy of a movie

“I think we’re going to be fine with China, but we have to have a fair deal,” Trump told Fox News.

Fortune

The AI bubble debate misses the point: We are just at the light-bulb stage now

We’re watching billions being spent on the largest technology opportunity in history, and we're seeing a 95% failure rate.

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