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The Latest Breaking News from Fortune

Estée Lauder CFO on driving a turnaround led by consumer-first innovation

Akhil Shrivastava discusses strategy and leadership lessons.

Fortune

Big 5 AI ‘hyperscalers’ are increasingly using debt to fund their operations, Bank of America says

All five companies generate more than enough cash to cover their operations, but the arrival of debt vehicles to fund AI has complicated the investment case for tech stocks.

Fortune

''A deadly confluence of wrong way news' is what's causing the global market selloff, says top economist, and don't expect it to get better anytime soon

Hopes for an interest rate cut from the Fed are fading despite a global slowdown and a spike in the VIX.

Fortune

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Navy Secretary warns workers can make more at Amazon instead of building America’s warships: ‘It's hard to get that person to want to do that job’

The industry contributes $37.3 billion to GDP, but has been outshined by China in recent years.

Fortune

How CEOs can stay clear-eyed during the stock market's AI selloff

Also: All the news and watercooler chat from Fortune.

Fortune

The stock market is barrelling toward a 'show me the money' moment for AI—and a possible global crash

A historic capex surge, thin AI revenues, and extreme index concentration leave investors one disappointment away from a broad‑based equity shock.

Fortune

Quantum computers could be powerful enough to decrypt Bitcoin sometime after 2030, CEO of Nvidia’s quantum partner says

“The threshold for such an event is coming closer to us year by year,” says Théau Peronnin.

Fortune

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A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition

Both companies have new incoming CEOs, but Walmart’s appointment has been better received by Wall Street.

Fortune

Younger customers are venturing back to real-world stores, says AS Watson CEO Malina Ngai: 'They want to be able to touch the product'

AS Watson, which is nearing its 185th annivesary, has almost 17,000 outlets in 31 markets, including mainland China, Malaysia, Turkey and even Ukraine.

Fortune

OpenAI’s Fidji Simo says Meta's team didn't anticipate risks of AI products well—her first task under Sam Altman was to address mental health concerns

Simo has overseen OpenAI's addition of parental controls to ChatGPT teen accounts, and says more mental health safeguards are to come.

Fortune

The same day as his Epstein humiliation in the House, Trump rages at media's questions while sitting next to Saudi crown prince

Trump called the murdered Jamal Khashoggi "somebody that was extremely controversial" and said the reporter was a "terrible person" embarrassing his guest.

Fortune

Exclusive: Crypto exchange Kraken raises $200 million from Ken Griffin's Citadel Securities to notch $20 billion valuation

Once skittish about digital assets, Citadel has warmed towards the crypto business in 2025.

Fortune

'Bond King' Jeffrey Gundlach warns of the next financial crisis: 'It has the same trappings as subprime mortgage repackaging in 2006'

The billionaire founder of DoubleLine Capital is also convinced the $38 trillion national debt will be addressed before 2030: "something has to happen."

Fortune

The iPhone Air can't catch a break: The key designer behind the struggling ultrathin phone just left Apple for an AI startup

Abidur Chowdhury was a key designer on the iPhone Air. Apple even picked him to narrate the phone's introductory video.

Fortune

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Fortune

Gen Z is over the 'girlboss' era, now it’s all about the 'snail girl'—and career experts approve

Although being a “snail” girl is the antidote to years of perpetually hustling under the influence of the girlboss era, it’s not the death knell to ambition.

Fortune

Half of millennial and Gen Z couples pick engagement rings with lab-grown diamonds— 'well beyond what the mining industry had expected,' McKinsey says

Couples appear to care more about gemstone size and price than sustainability.

Fortune

AI politics breaks into a New York congressional race — and signals more fights to come

A $100 million pro-AI super PAC, backed by Andreessen Horowitz and OpenAI president Greg Brockman, has found its first target.

Fortune

'The kids aren't alright,' warns top economist, as unemployed, pessimistic Gen Z living with parents blow a $12 billion hole in consumption

"Young workers are more vulnerable to economic downturns, and a weak labor market can have a lasting negative impact on wage growth and earning potential," economist Grace Zwemmer writes.

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news in one place.

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Fortune

Instagram boss says new AI engineers have 2 qualities driving their success, and you don't need an Ivy League degree: 'A lot of them are in their 20s'

"It's a much more scrappy type of engineer or researcher really than what most of the Valley has historically hired,” said Adam Mosseri, CEO and president of Instagram.

Fortune

Google releases its heavily hyped Gemini 3 AI in a sweeping rollout

The widespread release of Gemini 3, including its fastest-ever deployment into Google Search, signals the company's ambition to dominate in AI.

Fortune

Trump tells Americans the economy is better than ever at McDonald’s summit: 'This is also the golden age'

The president said he wanted the term “affordability” to belong to Republicans, not Democrats amid growing economic anxiety.

Fortune

Michelle Obama shares one easy tip for professionalism that built her confidence and helped her be successful

The attorney and former U.S. First Lady never follows trends, wears outfits that make her feel beautiful, and tailors all her clothes to make different styles accessible.

Fortune

Billionaire tech founder Joe Liemandt says getting an MBA isn't worth it and you don't learn a 'fraction' of what you would as an entrepreneur

When asked by podcaster Codie Sanchez if people should get an MBA, Joe Liemandt promptly said “no.”

Fortune

Scott Galloway fears a market crash or social crisis in the next year. A top finance professor recommends putting money into baseball cards

NYU Stern Finance professor told Galloway the market isn't pricing in "a market and economic crisis that is potentially catastrophic."

Fortune

With entry-level hiring shrinking, Gen Z turns to double majoring for protection from AI

Doubling majoring is exploding on college campuses—and it could be Gen Z’s secret weapon in a shaky job market.

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