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The Latest Breaking News from Fortune

A shiny new Fed chair will be keen to make an entrance with a base rate cut—yet the committee is only growing more hawkish due to Iran

“Clearly there’s growing skepticism that a new chair can start cutting straight away, particularly with the data as strong as it is right now,” noted Deutsche Bank’s Jim Reid.

Fortune

The Pentagon is committing $150M to a maritime-tech VC fund and appears to be ramping up venture deals

The Department of Defense, which has now backed more than 23 funds, hadn’t announced any new commitments over the past year.

Fortune

‘The ideal number of human employees inside of any company is zero’: Why AI gives company owners what they think they want

“The major transition here is they don’t want to be paying those humans,” Daniel Miessler said. “They actually never did.”

Fortune

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The Iran war is giving rise to a centuries-old economic theory—and laying waste to the WTO-based world order

Also: All the news and watercooler chat from Fortune.

Fortune

The housing paradox: why banning institutional investors could make affordability worse

The U.S. housing market is in the midst of a generational transition and single-family rentals are hugely important to young people looking for shelter.

Fortune

Vinod Khosla thinks future presidential candidates should run on removing income tax for those making less than $100,000

The venture capitalist also wants to get rid of capital gains and treat all income as ordinary income to make up for the deficit.

Fortune

American consumers are the ultimate losers in the ‘immense mess’ of $175 billion in tariff refunds, says Trump’s former commerce secretary

The Supreme Court ruling also allowed Trump a peculiar loophole to strengthen his hand against bargaining trade partners, Ross said.

Fortune

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SpaceX is poised to raise more money in its IPO than was raised in last year’s 90 IPOs combined

And that means Wall Street will make more money, too.

Fortune

Why Leopold Aschenbrenner’s AI hedge fund is betting big on power companies and Bitcoin miners to fuel the AI boom

New filings show how the former OpenAI researcher is translating his AGI thesis into billions of dollars of bets on electricity, AI infrastructure, and Bitcoin mining companies.

Fortune

Korean startup Wrtn is on track to pass $100M in annual recurring revenue, riding a loneliness-epidemic-fueled boom in AI entertainment

Chief product officer Dong-jae Lee uses the analogy of a dungeon master for a tabletop RPG: The AI constructs a narrative in response to user choices.

Fortune

Poor brain health costs the world economy $5 trillion a year. The world is waking up to the crisis

I'm the founding chairman of the Davos Alzheimer’s Collaborative and I see a difference this year: the world is realizing that brains are infrastructure.

Fortune

Trump pledged the ‘free flow of energy’ from the Middle East, and he has a week to show progress before prices really spike again

Solving the insurance and security issues is massive so long as Iran can still strike tankers.

Fortune

Trump’s new 401(k) match collides with a harsh reality: More workers are dipping into their retirement cash just to get by

A Vanguard report finds a record number of plan participants looted their savings last year, a troubling sign for the broader economy.

Fortune

Top AI economist who found 'significant and disproportionate impact' on entry-level jobs finds link between robots and minimum wage hikes

If you raise the minimum wage 10%, then robot adoption goes up 8%, research looking at data from 1992 to 2021 shows.

Fortune

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news in one place.

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Fortune

Exclusive: Venture giant a16z crypto targeting around $2 billion for its fifth fund amid blockchain market downturn, sources say

The Chris Dixon-led outfit is planning to close the fundraise in the first half of 2026.

Fortune

This 'retirement nerd' at the uber-liberal New School teamed with Trump’s economy guru to reinvent the 401(k)

Teresa Ghilarducci told Fortune that Trump is a “quirky, bold leader," but admits that if she was younger, she'd have "ideological, righteous concerns."

Fortune

Viral deepfake ad casts Musk, Bezos, and Altman as corpulent overlords powering AI on human sweat. Its creator says the best jokes tell the truth

The viral AI ad imagines laid-off workers pedaling bikes to power the technology that replaced them.

Fortune

Trump’s $175 billion illegal tariff revenue is now accruing interest, and refund delays could be costing American taxpayers $700 million a month

“Consumers will be the biggest losers here,” a Cato Institute economist told Fortune.

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news in one place.

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Fortune

Meet the social media CEO who won’t let his own kids on social media: ‘Parents are oblivious to the world’

Viral Nation CEO Joe Gagliese thinks there's a massive social media knowledge gap that exists between kids and parents and they need to be educated.

Fortune

Air France will suspend flights to Havana after the U.S. Venezuela strike chokes Cuba's oil lifeline

The U.S. attack on Venezuela cut off all shipments to Cuba. Now Trump is threatening tariffs on any country that ships or sells oil to the nation.

Fortune

Despite a $200 billion price tag, Trump admits the Iran war could just swap one bad leader for another

Trump’s costly campaign in Iran has come under fire for lacking a clear endgame.

Fortune

Why Codex is at the heart of OpenAI's plans to sell AI agents to enterprises

Controversy over OpenAI's agreement to provide AI to the Pentagon has swamped news about Codex's rapid adoption

Fortune

One key difference on America and Iran, then and now: the CIA had a plan for what would happen in 1953

President Trump has said he wants regime change in Iran but has articulated no strategy for achieving that end.

Fortune

Lenovo's CIO says patience is a virtue in AI investing, but the clock is ticking

Lenovo CIO Arthur Hu says AI investments take time to produce ROI. But admits boards are also ramping up pressure on technologists.

Fortune

The average American teacher makes $72,000, but one in three are so broke they’re taking on side hustles like Uber driving

Teaching is seen as an AI-proof career by Gen Z—but with the American Dream becoming more out of reach, educators have turned to second jobs to make ends meet.

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