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The Latest Breaking News from Fortune

Black Friday deals aren't just for holiday shopping. Homebuyers are getting record-high discounts as desperate sellers offer multiple price cuts

The cumulative price cut in October hit $25,000, matching the largest discounts Zillow has ever recorded.

Fortune

What the head of IBM’s $500 million AI and quantum venture fund is looking for in a startup

“We're looking for Investments that are ready to scale, ready to partner, deploying responsible AI," she said.

Fortune

Despite some green shoots, the new CEO of Kohl's faces a tough slog to win back its AWOL shoppers

Kohl's has stopped hemorrhaging sales. But that doesn't mean it's healthy yet.

Fortune

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Big Tech wants AI to help with your holiday shopping. The tech has flashes of magic, but it won’t replace Santa—yet

A flurry of new AI shopping assistants from OpenAI, Google, Perplexity, Amazon, Walmart, and Target promise to simplify gift-buying—but there are still glitches, gaps, and plenty of holiday-season caveats.

Fortune

Why an ASEAN power grid is key to tapping Southeast Asia's green potential

A regional grid may be pricy, but it can help export green power where it needs to go—and boost regional cooperation too.

Fortune

Americans can’t agree on what ‘middle class’ means anymore, and they’re debating it in the comments of TikTok home tours

The “average” or “normal” home tour is fascinating, even dividing, thousands of Americans on TikTok who can’t agree on social class.

Fortune

Campbell’s fires exec after leaked recording berating ‘poor’ customers and ‘bioengineered meat’ prompts outrage and investigation

The comments were caught on a recording by a now-former employee.

Fortune

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Economist Paul Krugman says Bitcoin’s crash shows the ‘unraveling of the Trump trade’

The Trump family, with ample crypto ventures, has lost an estimated $1 billion from the monthlong cryptocurrency free fall.

Fortune

Longtime Trump advisor Kevin Hassett emerges as favorite for Fed chair, Bloomberg reports

Treasury Secretary Scott Bessent said there’s a “very good chance” a new Fed chair will be named by Christmas.

Fortune

OpenAI won’t make money by 2030 and still needs to come up with another $207 billion to power its growth plans, HSBC estimates

What company has a consumer base representing 44% of the world’s adult population and a $620 billion data center bill? OpenAI five years from now.

Fortune

AI is reshaping how Americans shop. Here’s how Target’s top tech leader says the retailer is adapting

Prat Vemana, the chief information and product officer for Target, says AI is changing shopping. That's led the retailer to embrace more AI features as demand shifts.

Fortune

Meet the world’s 29 ‘super-billionaires’ fueling the wealth gap and boasting a collective fortune of $4 trillion

Superbillionaires like Elon Musk, Larry Ellison, and Mark Zuckerberg are enjoying eye-watering wealth gains thanks to America’s AI revolution.

Fortune

Few investors copy Warren Buffett’s investment strategy ‘because no one wants to get rich slow,’ the retiring Berkshire Hathaway CEO says

The 95-year-old chief executive will retire at the end of 2025 after a legendary 60-year run.

Fortune

Reese Witherspoon says she doesn’t know a single woman ‘who doesn’t have a disaster financial story’ thanks to divorce and debt

The 49-year-old star said she listens to every podcast about personal finance and is interested in helping women navigate their financial journeys.

Fortune

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Apple yanked a brand-new TV show just days before it was scheduled to air amid allegations of plagiarism

Reports say Apple was unaware of the similarities between its show "The Hunt" and Douglas Fairbairn's novel, "Shoot," throughout development.

Fortune

At Target, we believe retail's next great disruptor is emotion. Look no further than this year's winter wonderland

For the first time, we'll have weekly events in stores all season. For Black Friday, we’ll have giveaways for the first 100 shoppers at all of our stores.

Fortune

Investors ignore Nvidia in favor of a massive global rally in stocks

Nvidia is a fly in the market’s soup, but the soup still tastes pretty good.

Fortune

What Warner Music's settlement with Suno says about the AI bubble

Instead of rolling up their sleeves and preparing for a long slug fest, music labels are curiously keen to work with startups offering consumers tools to create AI-generated music.

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Fortune

The future of treasury in 2026: A new tech mandate for finance leaders

Treasury professionals face a pivotal year of transformation.

Fortune

Scott Bessent wants the era of Fed-watching to end: He says it’s time they ‘move back into the background’ and make fewer speeches

The Fed didn’t want to get embroiled in politics in 2025—or ever. But Bessent wants them even further out of the public eye.

Fortune

China’s robots—from 'factory brains' to vacuums that can pick up your socks—are crushing the competition

Also: All the news and watercooler chat from Fortune.

Fortune

The ideal airplane seat choice to avoid getting sick while traveling, according to an Olympic doctor

Dr. Jonathan Finnoff has spent years researching how to prevent illness among globe-trotting athletes, which has yielded strategies any flier can use.

Fortune

Business schools have a responsibility to 'train the leaders of tomorrow' amid global 'fragmentation', says ESSEC dean Vincenzo Vinzi

It is a global institute of higher education with four campuses across three continents: Europe, Asia and Africa.

Fortune

How AI can power Europe’s next industrial revolution

AI is arguably the most transformative technology for productivity in history—so where can leaders begin to spur progress and unlock measurable value?

Fortune

Nvidia is so spooked by Google’s sudden AI comeback that it’s posting on X to defend itself

“We’re delighted by Google’s success,” Nvidia said, perhaps passive aggressively.

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