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The Latest Breaking News from Fortune

New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says

Expect the new round of tariffs to spur inflation and put "downward pressure" on GDP, he added.

Fortune

Markets expect Trump's latest China tariffs will backfire as gold jumps and the dollar 'is not looking healthy'

"This is now the second instance where markets are trading tariffs as backfiring on the US, not on the rest of the world."

Fortune

Let’s give the 'fired' label a rest

Being fired meant something different in the 1980s than it does today, when nearly 20 million Americans get let go every year.

Fortune

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I’m the Deloitte chair and I’m mindful of boardroom burnout: Here’s how to optimize bandwidth for resilient, future-ready organizations

While many factors are outside the board’s control, the opportunity to set the tone for well-being as an imperative can start with us.

Fortune

Why the New York Stock Exchange just crowned a Gen Z billionaire: Shayne Coplan figured out a society that gambles on everything

Coplan, 27, started Polymarket in the bathroom of his Lower East Side apartment.

Fortune

I had a front-row seat to the social media revolution in global affairs roles at Twitter and Meta. The same mistakes are happening in AI

For over a decade, I worked in the engine room of the social media revolution. Some risks in the AI space look eerily familiar.

Fortune

Browser wars, a hallmark of the late 1990s tech world, are back with a vengeance—and OpenAI just entered the race

Google has integrated Gemini into Chrome, while Perplexity, OpenAI, and Opera have launched AI-native browsers too.

Fortune

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The government shutdown couldn't have come at a worse time for D.C. Its $11 billion tourism industry is bracing for impact

Fall is a peak season for conferences and business travel, said the president and CEO of the city’s nonprofit destination marketing organization.

Fortune

Companies like OpenAI are sucking up power at a historic rate. One startup thinks it has found a way to take pressure off the grid

Emerald AI, which launched in July, is trying to solve the problem of powering the data centers that all AI companies need.

Fortune

A sports bettor turned $15 into $140K from a 3-leg parlay. It’s the exception to the risky bet making sportsbooks billions

“The notion of a parlay in general is so statistically unlikely to happen that it is one of the surest fire ways for the sportsbooks to just make the money off that,” one expert said.

Fortune

Exec at $270 billion Cisco started his career making $4/hour waiting tables—he says the experience ‘wires you differently’ and is a must for Gen Z

Like Jeff Bezos and Jensen Huang, Cisco’s chief product officer Jeetu Patel started his career in the service industry—and he credits it to his rise to the C-suite.

Fortune

Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly 'Liberation Day' levels

Trump said the U.S. will impose a 100% tariff on China "over and above any Tariff that they are currently paying."

Fortune

A 3-person policy nonprofit that worked on California’s AI safety law is publicly accusing OpenAI of intimidation tactics

In a widely read post on social media, the general counsel of Encode said OpenAI used subpoenas and political muscle to intimidate the firm and to undermine California’s new AI safety bill, all while falsely claiming the firm was funded by Elon Musk.

Fortune

The U.S. and South Korea need to salvage their tariff and investment agreement—for the sake of the alliance

Seoul and Washington must see disagreements on investment and immigration as an opportunity to fine-tune a trade agreement they can both tolerate.

Fortune

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Fortune

Billionaire MacKenzie Scott doubles down on DEI with $42 million donation

In a signal to nonprofits and boardrooms, the Yield Giving philanthropist is backing diversity and equity with no‑strings grants—building on more than $19 billion she’s distributed in five years.

Fortune

Fed’s Chris Waller says he had a ‘great interview’ to succeed Jerome Powell and the labor market is ‘weak’ and ‘not doing great’

“There was nothing political about it,” the Fed governor told CNBC. “Just serious economic discussion.”

Fortune

Perplexity’s 31-year-old CEO horrified after getting tagged by a student using his free AI browser to cheat: ‘Absolutely don’t do this’

The Comet browser was just lowered from $200 to free for students. Its “agentic” AI can navigate the web, click through tasks, and yes, finish your homework.

Fortune

Trump's new China tariff sparks wide sell-off, wiping 2.7% off the S&P 500 on the bull market's third birthday

“Some very strange things are happening in China!” Trump posted, hinting that he’ll cancel his upcoming talk with Xi Jinping.

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Fortune

Goldman’s chief information officer has 4 tips on how to AI-proof your career, including ‘posing provocative, non-obvious questions’

“While AI excels at refurbishing existing knowledge,” according to Marco Argenti, “its true creative potential is unlocked by human curiosity.”

Fortune

Kevin O’Leary says the best time to start a business is during chaos

“If you look for the path of least resistance, you want to find big opportunities because of disruption.”

Fortune

The remote work fight isn’t over: Workers are willing to take a major pay cut, up to 25%, according to new Harvard study

Harvard, Brown, and UCLA researchers found workers would be willing to take a massive pay cut to work from home.

Fortune

New 2026 tax brackets are here: What higher thresholds and a bigger standard deduction mean for paychecks and the top 1%

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and easing bracket creep for most filers, while the 37% top rate still applies at higher incomes.

Fortune

'Is AI hurting growth?' Top analysts say their clients are starting to worry as the 3-year bull market shows its age

“It seems you can’t go anywhere without talking about AI,” says Aditya Bhave, senior U.S. economist at Bank of America Research.

Fortune

Before ‘Abbott Elementary,’ Janelle James did it all—waitressing, personal chef, party planner, sewing teacher. Now she’s making over $4 million a season

Before landing a $200,000-per-episode salary on Abbott Elementary, Janelle James did ‘every hustle in the book’ to stay afloat.

Fortune

‘Oh, my God’: Watch the emotional moment Venezuela’s ‘Iron Lady’ María Corina Machado discovers she won the Nobel Peace Prize

Machado becomes only the 20th woman to receive the Nobel Peace Prize and the first Venezuelan recipient. For now, she remains in hiding.

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