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The Latest Breaking News from Fortune

Morgan Stanley hails rare ‘reindustrialization renaissance’ of AI economy—but it’s better for computers than humans

Prospects for data-center capex: booming. Prospects for the average human in this economy: "unremarkable."

Fortune

Trump has already hit peak tariff, Morgan Stanley says. His new 15% levy might not even be legal

Morgan Stanley has written many tariff diaries over the past nine months or so. It’s calling a peak in its latest.

Fortune

Without AI spending, U.S. corporate investment in equipment would be negative, a decline that’s ‘worryingly broad-based,’ Pantheon analyst says

Consumer spending is affected too, because it is heavily driven by spending from wealthier demographics who have enjoyed stock market gains, often from tech stocks, Pantheon’s Oliver Allen says.

Fortune

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Big Tech is shelling out up to $1 million for new hires who will never have to write a line of code

“Flooding the bottom of the market has put a premium at the top,” an AI communications CEO said.

Fortune

The stock market bubble will burst in 2027, and the current rotation is a ‘warning of trouble ahead,’ Capital Economics says

Is the rotation in stocks a healthy market reaction or the first domino to fall?

Fortune

The record gap between corporate profits and worker pay has an ‘undercurrent of betrayal,’ top economist warns

“Something in our economic narrative is broken.”

Fortune

Last year, Accenture trained 550,000 workers in AI—now it’s warning senior staff to use it or don’t get promoted

Bosses have long warned staff to come to grips with AI. Now, companies like Accenture, KPMG, and Ring are tying employees’ AI usage to their future success and remuneration.

Fortune

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‘Ghost GDP,’ a white-collar recession, and the death of friction: Substack’s top finance writer warns of AI’s 2028 crisis that nobody sees coming

The S&P 500 will also plunge 38%, and unemployment will exceed 10%, James Van Geelen’s Citrini Research predicts.

Fortune

While Nvidia CEO Jensen Huang enjoys an over $150 billion net worth, his fellow cofounder Curtis Priem sold out in 2006—and missed out on $600 billion

Nvidia cofounder Curtis Priem sold his 13% stake by 2006—but if he hadn’t, he’d be the second-richest man alive.

Fortune

India’s AI Impact Summit closes with the New Delhi Declaration and a $200 billion boost

The Global AI Summit produced a sweeping declaration, billions in investment, and voluntary commitments from tech giants.

Fortune

OpenAI partners with McKinsey, BCG, Accenture, and Capgemini to push its Frontier AI agent platform

The new alliances heap further pressure on SaaS vendors such as Salesforce, Microsoft, Workday, and ServiceNow.

Fortune

Inside India’s AI Impact Summit: Robot fraud, gridlocked roads, a shirtless protest, and AWOL Bill Gates

India’s AI Impact Summit promised to reshape the global AI order. It also featured robot-dog fraud, hours of traffic, and a no-show from Bill Gates.

Fortune

What Amazon's Fortune 500 rise teaches about building new growth engines

Amazon didn’t overtake Walmart by winning retail alone.

Fortune

The leaders’ guide to handling an ICE visit in the workplace

ICE raids are now an HR problem.

Fortune

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I shared the same guru as William Hurt and Elizabeth Gilbert. Here are 3 things I learned — and now tell CEOs — about toxic leadership

In the early '90s, I lived in an ashram with a guru who was said to be all knowing. Elizabeth wrote about one of her ashrams in "Eat Pray Love."

Fortune

Is Ethereum good enough for Wall Street? If history is any guide, the answer is clear

A consortium of banks is building its own version of blockchain—it will be hard pressed to make it work.

Fortune

Supreme Court limits Trump tariffs, but CFOs still face a volatile trade landscape

Companies may have to juggle new levies, refund questions, and an unsettled outlook for 2026.

Fortune

The 29-year old investor who went from selling fake IDs to backing Poppi raises a $75 million fund to invest in brands with a ‘cultural edge’

Inside Second Sight Ventures, the New York-based firm run by Patrick Finnegan and Chris Hollod.

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news in one place.

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Fortune

Scott Bessent has ‘got a feeling’ that $175 billion raised under the IEEPA is lost to the American people for good

“My sense is that could be dragged out for weeks, months, years,” Treasury Secretary Scott Bessent said.

Fortune

Stocks sell off as traders wake up to the realization that Trump’s new tariff options could be ‘highly punitive’

Some of the things Trump might do next could be more extreme than his “Liberation Day” tariffs, and will certainly be more complex.

Fortune

CEOs who despised Trump's tariffs are still quiet after Supreme Court ruling

Also: All the news and watercooler chat from Fortune.

Fortune

Why Trump’s ‘greatest economy’ boast could hurt him with voters

History suggests that voter anxiety can outweigh good economic numbers at the polls. Just ask George H.W. Bush and Bill Clinton.

Fortune

DBS, Southeast Asia’s largest bank, partners with VC giant Granite Asia to counter the region's lack of capital

The partnership launches with a new $110 million fund, exclusively for DBS's wealth clients, that targets IPO-stage AI and tech startups in the region.

Fortune

The Russian economy is eating its own muscle to survive as Putin’s war on Ukraine destroys future capacity, former central bank advisor says

“The body is metabolizing its own muscle tissue for energy,” Prokopenko said.

Fortune

A two-child household must earn $400,000 a year for childcare to be affordable, study says. 'It’s easy to see why birth rates are falling'

“Most parents could tell you that childcare costs are astronomical these days and can cause a major financial burden, even for high-income families.”

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