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The Latest Breaking News from Fortune

The AI startup that has quietly become one of Europe’s most valuable AI companies

An image generation unicorn in Germany called Black Forest Labs is attracting investments from Nvidia, a16z and Meta.

Fortune

Jerome Powell is facing a ‘puzzlement’ of economic data, with contradictions likely to freeze any immediate action on the base rate

“Such confusion often leads to inertia, and we suspect that there will be no knee-jerk policy reaction to any of the week’s reports,” Oxford Economics’ Bob Schwartz wrote.

Fortune

Big Tech approaches ‘red flag’ moment: AI capex is so great hyperscalers could go cash flow negative, Evercore warns

“Capex too hot right now,” Bank of America tells clients.

Fortune

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New U.S. legislation could upend credit card loyalty programs. The Points Guy founder calls the reckoning un-American

Also: All the news and watercooler chat from Fortune.

Fortune

AI could spark a new age of learning, but only if governments, tech firms and educators work together

Former European Commission president José Manuel Barroso and Efekta Education CEO Stephen Hodges on how AI can help resource-strained education systems.

Fortune

Brian Moynihan isn't so worried about an AI jobs bloodbath, pointing to a 1960s theory that computers would end all management roles

"People wrote ... in 1969 that there would be no managers left in business because the computer itself would eliminate the need for managers, because they just moved information. Well, guess what? We have 20,000 managers today at Bank of America," Moynihan said.

Fortune

We're creating cutting-edge AI science tools for Google DeepMind—and 3 million researchers across 190+ countries

Five years ago, our AlphaFold AI system solved the 50-year grand challenge of protein structure prediction. But that's not the whole story.

Fortune

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The skies for American Airlines are clearer than you think

Robert Isom is steering American Airlines through a very particular kind of turbulence.

Fortune

Victoria’s Secret CEO says shoppers are embracing glamour again

Maximalism is back at Victoria's Secret.

Fortune

Lowe's CEO used to make $4.35 an hour working at Target. His secret to climbing the corporate ladder was volunteering for jobs 'nobody else wanted'

“I had to find a way to differentiate myself,” Marvin Ellison said.

Fortune

As baby boomers are forced to 'unretire' because they've not saved enough, 6-year-olds in Germany could soon have retirement accounts

Millions of baby boomers can’t afford to retire. It’s a fate that Gen Alpha in Germany may never have to face under new plans.

Fortune

Trillion-dollar AI market wipeout happened because investors banked that 'almost every tech company would come out a winner'

“Nobody truly knows who the long-term winners and losers of this extraordinary technology will be,” Deutsche’s Jim Reid wrote this morning.

Fortune

Mel Robbins says feeling stuck ‘doesn’t mean you’re broken’—it's the biggest mindset mistake people over 40 make

Bestselling author Mel Robbins says exceptional people are those who pay attention to “all the details that most people ignore,” advising Gen Xers to get on board with tech.

Fortune

The ‘Sell America’ trade inflicted ‘lasting damage’ on the U.S. dollar, ING says

“The dollar has lost a good chunk of its safe-haven value,” ING says.

Fortune

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Blackstone mogul warned of 'urgent need' for AI preparedness—Now he’s turning his $48 billion fortune into a top philanthropic foundation

Stephen Schwarzman is committing his wealth to his foundation, which could become one of the largest in the world.

Fortune

Cisco CEO says all people who are wildly successful in tech share 3 traits

Technical chops matter—but Chuck Robbins says EQ and commitment to the team are what really separate top performers in the AI era.

Fortune

Social Security's trust fund is nearing insolvency, and the borrowing binge that may follow will rip through debt markets, economist warns

“Inflation may not wait for debt to pile up. It can arrive the moment Congress commits to that debt-ridden path.”

Fortune

Southeast Asia's fast-growing hospitality industry has a people problem. Here's what leading brands are doing to get the staff they need

For hospitality firms in Southeast Asia, the real race over the next decade won’t be how fast they build hotels, but whether they can staff them.

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Fortune

Confronting Asia's growing rate of chronic conditions means tackling cultural issues as much as medical ones

Across the region, health is being defined less by clinical advice and more by social expectations about “what healthy is supposed to look like.”

Fortune

One of Stanford's original AI gurus says productivity liftoff has begun after doubling in 2025 amid transition to 'harvest phase' along J-curve

"We are transitioning from an era of AI experimentation to one of structural utility."

Fortune

U.S. literally can't afford to lose superpower status as debt looms—so we’re stuck in an 'increasingly loveless' marriage with Europe, analyst says

"Without NATO and its major allies, the U.S. would struggle to maintain its globally dominant role."

Fortune

The punk rock economist: why the founder of Vans Warped Tour refuses to gouge fans

Kevin Lyman founded Vans Warped Tour 31 years ago and he told Fortune he's thrilled it's back, but "ticket prices have gotten so out of hand."

Fortune

Meet the American spies who helped mammograms save more lives

To help fight breast cancer, a public-health expert recruited the spies whose top-secret work helped find hidden Russian missile bases.

Fortune

Elites are the villains we love to hate. It's American culture's most paradoxical obsession

If you hate the elite so much, why are you so desperate to be seen that way yourself?

Fortune

Keke Palmer became a millionaire at 12—but even with $1 million, she’d still only pay $1,500 in rent and drive a Lexus: 'I live under my means'

Other successful elites like Warren Buffett, Mitzi Perdue, and Mark Cuban live under their means in quaint houses and apartment rentals.

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