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The Latest Breaking News from Fortune

Gold and Bitcoin go through the roof as U.S. shutdown forces investors to trade in the dark

There is a 67% chance that the U.S. federal government shutdown will last longer than 10 days, according to bettors on Polymarket—and for stock traders that will feel like an eternity.

Fortune

What happens when CEO pay becomes all or nothing

Inside the new era of high-stakes compensation that rewards only those who deliver outsize success.

Fortune

Upwork CEO Hayden Brown: ‘There will be plenty of work for humans, even as AI agents do more’

Also: All the news and watercooler chat from Fortune.

Fortune

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Surprise in Japan’s leadership race jolts financial markets as the dollar soars against the yen

Sanae Takaichi favors looser fiscal and monetary policies, raising expectations that Tokyo will issue more debt while the central bank rethinks rate hikes.

Fortune

Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

“And by broadening the concept to fixing and moving as well as making things, I think it becomes a more plausible and a more inclusive concept.”

Fortune

The job market is weak and getting weaker, top economist says, while Trump looks to the future

“Our big year won’t be really next year—it’ll be the year after,” Trump told reporters recently.

Fortune

These co-CEOs swear by splitting the job: 'The demands on a modern CEO are close to unsustainable'

As Oracle, Spotify and Comcast announce co-CEOs, it's vital to understand what makes good partnerships tick.

Fortune

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How the cofounder of Chess.com went from being a child prodigy in a religious cult to building a 225 million player empire

Danny Rensch grew up in the Church of Immortal Consciousness, running around barefoot and living off food stamps. But he left and bootstrapped the legendary chess platform despite being “laughed out of VC rooms.”

Fortune

Elon Musk’s pay package is inspiring copycat ‘moonshot’ deals that push CEOs to drive up stock prices—but comp experts are nervous

Moonshot grants tie CEO compensation almost entirely to aggressive, seemingly impossible performance targets.

Fortune

MasterClass founder says CEOs who are not using AI daily are only 80% as good as their peers—he’s saved an entire day of work thanks to a custom GPT

While some CEOs fear AI will replace them, David Rogier built an AI clone of himself—and says it's made him more essential, not less.

Fortune

The U.S. may mint a coin with Trump's face despite a law he signed that prohibits collectibles with similar likenesses

A draft design harkens back to an assassination attempt during his 2024 presidential campaign and reads “FIGHT, FIGHT, FIGHT”

Fortune

Trade and legal experts see up to 80% odds that the Supreme Court will rule against Trump's global tariffs

"Legal experts point out that none of Trump’s three appointed justices is distinctively 'Trumpy,' and they have been less predictable than Republicans had hoped."

Fortune

Farm bankruptcies are soaring amid low crop prices, while Trump considers bailout of up to $14 billion

In the second quarter, there were 93 bankruptcy filings, up from 88 in the first quarter and nearly double the 47 at the end of 2024.

Fortune

Ford CEO Jim Farley hopes AI will help blue-collar workers, but 'it’s hard to say that today'

Tech innovations like automation have taken work away from the industry in the past, he said.

Fortune

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NATO ally warns of 'hybrid war' threat from Russia as drones plague European military bases and airports

“I hope that everybody recognizes now that there is a hybrid war, and one day it’s Poland, the other day it’s Denmark and next week, it will probably be somewhere else.”

Fortune

How entrepreneurs outside the inner circle can break through

How can we close the gap between privilege and potential?

Fortune

Meta VP: AI is the best thing in advertising – if we use it right

I worked in the ad industry for two decades, and every marketer and brand at Cannes Lions is actively exploring how to partner and invest the right way.

Fortune

Why longer municipal strategies make sense now

I'm Vanguard's head of municipal investing and I still see room to run.

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Fortune

Astronaut says Gen Z often quits when things get uncomfortable—here’s the Jeff Bezos Blue Origin training that taught her to push through

From space rockets to 13-hour workdays, this millennial astronaut reveals exclusively in Fortune the mind trick that can make discomfort your secret weapon to success.

Fortune

Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon's founder says the benefits will be ‘gigantic’

“That doesn’t mean anything that is happening isn’t real. AI is real, and it is going to change every industry.”

Fortune

Trump says the U.S. can grow its way out of $37 trillion in debt. Ray Dalio’s debt-cycle research says not so fast

“With the kind of growth we have now, the debt is very low, relatively speaking. You grow yourself out of that debt,” Trump said.

Fortune

Former Tesla exec claims EV industry will grow, not shrink, after death of $7,500 tax credit: 'The market's established'

But Ford CEO Jim Farley sees EV sales being cut in half after the expiry of the $7,500 federal tax credit.

Fortune

Bitcoin flirts with all-time high prices amid Federal Reserve cuts and Wall Street enthusiasm

Bitcoin neared an all-time high on Friday, and Ethereum topped $4,500.

Fortune

Taylor Swift prepares to take a ‘Showgirl’-themed victory lap as she eyes a $35 million haul and a second box-office No. 1

“The Life of a Showgirl,” Swift’s new album, is being accompanied by a three-day film event: “The Official Release Party of a Showgirl.”

Fortune

Why “the 26 words that made the internet” may not protect Big Tech in the AI age

Section 230's liability protections may not apply to AI chatbot outputs, legal experts say.

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