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The Latest Breaking News from Fortune

Prices at the pump are the lowest since the pandemic and still falling—just in time for record-high holiday travel

Fuel and crude prices are near five-year lows as global oil output led by OPEC and the U.S. continues to rise.

Fortune

Is Google running away with the AI race? Its stock price sure seems to say so

Google is emerging as the early winner in the Big Tech AI race—and its stock price is blowing away competitors.

Fortune

Exclusive: AI for patent filings startup Ankar secures $20 million Series A round

Ankar’s customers, including IP teams at L’Oréal, have reported a 40% productivity boost from using the tool.

Fortune

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HashKey shares start trading in Hong Kong, as the city increasingly embraces crypto

Hong Kong has tentatively embraced cryptocurrencies and digital assets as a way to shore up its status as an international financial center.

Fortune

Federal regulators are investigating Nevada OSHA after Boring Co. citations were suddenly withdrawn

A Fortune investigation revealed in November that the citations were suddenly withdrawn earlier this year.

Fortune

Trump turns on CBS, Kushner pulls out and Paramount's hostile bid for Warner Bros. shows signs of collapse

“If they are friends, I’d hate to see my enemies!” Trump, reportedly close friends with Larry Ellison, father of Paramount owner David, is changing tune.

Fortune

Struggling to get AI agents to work? This Google research could help

The researchers found single AI agents do better at sequential tasks, multi-agent workflows at ones that can be done in parallel

Fortune

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IBM, AWS veteran says 90% of your employees are stuck in first gear with AI, just asking it to ‘write their mean email in a slightly more polite way’

Using AI as a “teammate” unlocks the true potential of AI productivity, according to Open Machine CEO Allie K. Miller.

Fortune

Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he's writing down $19.5 billion amid a 'customer-driven’ shift

Months ago Farley said the EV market would shrink to 5% of the U.S. vehicle market.

Fortune

The labor market's holiday present for America: the highest unemployment in 4 years. It might be 'noisy' but the jobs just aren't there

The November jobs report showed unemployment rose to a four-year-high.

Fortune

A SpaceX IPO could be the largest public offering of all time—and Elon Musk's biggest headache

Musk’s space company had avoided much of the scrutiny, criticism, and regulatory burden that comes with going public.

Fortune

As Americans continue to feel the pain from tariffs and inflation, Lidl launches holiday meal deal for less than $4 per person

The total 12-person meal costs $42.66 as Americans’ affordability concerns grow.

Fortune

OpenAI releases new image model as it races to outpace Google’s Nano Banana amid company Code Red

The update follows Sam Altman’s internal “code red” push, as OpenAI races to counter Google’s fast-growing Gemini and its viral Nano Banana image model.

Fortune

Accenture exec gets real on transformation: 'the data and AI strategy is not a separate strategy, it is the business strategy'

"Think about the people and the culture," Accenture's Chief Responsible AI Officer Arnab Chakraborty told Fortune. "It is so paramount."

Fortune

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Fortune

AWS CEO says replacing young employees with AI is 'one of the dumbest ideas'—and bad for business: 'At some point the whole thing explodes on itself'

Amazon laid off 14,000 employees this fall, but CEO Andy Jassy denied the reductions were related to AI.

Fortune

Elon Musk's wealth has soared past $600 billion—he's now worth double the next richest person alive, Google's cofounder Larry Page

The SpaceX CEO just woke up $168 billion richer and set the bar for the first person estimated to be worth more than $600 billion.

Fortune

Reese Witherspoon says 'I don’t think my career would be possible' in the age of AI and social media: 'It's a different world'

AI has fundamentally changed the entertainment industry.

Fortune

As millions of Gen Zers face unemployment, McDonald's CEO dishes out some tough love career advice for navigating the market: ‘You've got to make things happen for yourself’

As millions of Gen Z fall into NEET status, McDonald's CEO Chris Kempczinski has some blunt advice for young people: stop waiting around for help.

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Fortune

You can make up to $200K working in Trump's new 'Tech Force'—and you don't need a degree or work experience

To be eligible for the two-year program, you need only “strong problem-solving abilities and a passion for public service.”

Fortune

Unemployment hits 4-year high as frozen jobs data shows recession risks getting 'uncomfortably high,' top economist Mark Zandi says

Payroll growth for November came in at a modest 64,000. “There’s just no forward motion,” Moody’s chief economist told Fortune.

Fortune

An MIT roboticist who cofounded bankrupt Roomba maker iRobot says Elon Musk's vision of humanoid robot assistants is 'pure fantasy thinking'

Rodney Brooks said future “humanoid” robots will have wheels and multiple arms.

Fortune

To heal a divided nation, America's next chapter must rediscover a common unity

History teaches us that the most powerful movements are built through sustained, open-hearted dialogue.

Fortune

The generational gap in crypto investments ‘has never been more marked’, says VP at Coinbase

A new report from the company finds Gen Z and Millennials are twice as likely to own crypto than older generations.

Fortune

Air strikes on casinos, colonial borders and a failed Trump ceasefire: What's happening in the Thai-Cambodia conflict

Last week’s border clashes have undercut Trump’s hopes to be a peacemaker, while also endangering a regional economy across the Thai-Cambodia border.

Fortune

AI megadeals, IPO green shoots, and a middle-market squeeze: The new M&A reality for CFOs

CFOs face a rare mix of pressure and opportunity.

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