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The Latest Breaking News from Fortune

Every U.S. Olympian was promised a $200,000 payout, but how much they actually keep depends on where they live

Olympians will get a post-tax income boost ranging from about $48,350 to $73,146, according to a Fortune analysis based on today’s tax rates.

Fortune

TrumpRx is here and it helps, though a bit less than advertised

Trump's Republican Party continues to shift toward government market interventionism.

Fortune

Big Oil embraces exploration outside of the Americas again as Chevron enters Libya

American Big Oil is returning to countries in the Middle East, Africa, and beyond to find new sources of oil and gas.

Fortune

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The Gen Z job nightmare is so bad that even billionaires are worried their kids won’t be able to keep a job, says wealth advisor to the 0.1%

It’s a “very real concern” for the ultrawealthy that their children aren’t prepared for the future, wealth adviser Tom Thiegs told Fortune.

Fortune

The 45-year decline of the middle class costs you $12,000 a year

Labor compensation as a share of U.S. gross domestic income has fallen to 51.4%, while corporate profits have soared since 1980.

Fortune

Bitcoin reportedly sent to wallet associated with Nancy Guthrie’s ransom letter providing potential clue in investigation

Meanwhile, authorities released surveillance video showing the alleged captor who remains at large.

Fortune

Wall Street’s top analyst sees something weird going on with gold and interest rates, and warns inflation is rewriting market logic

“Investors are anxious about the level of returns they get in traditional assets,” Apollo chief economist Torsten Slok told Fortune.

Fortune

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‘Nothing short of self-sabotage’: Watchdog warns about national debt setting new record in just 4 years

“Our nation’s deficits, debt, interest payments, and trust funds are all in terrible shape,” says Maya MacGuineas, president of the CRFB.

Fortune

Google's breakthrough in the Nancy Guthrie case is raising uncomfortable questions about how much it's watching you

The Nest video highlights growing unease around how much control the devices give law enforcement and tech companies.

Fortune

At 22, Olympic skier Eileen Gu is worth over $20 million. She’s juggling brand deals and sports with school. And she urges Gen Z not to wait until they’re ‘older’ to start

Olympian Eileen Gu is the fourth-highest-paid woman in sports, ahead of stars like Naomi Osaka and Caitlin Clark. Yet she’s still a student at Stanford University.

Fortune

‘I’m not the dad, and I’m not the coach’: Meet the 54-year-old personal injury attorney stealing America’s hearts at the Olympics

A two-time U.S. champion, Rich Ruohonen has been curling since the fifth grade, starting on a Saturday morning at the St. Paul Curling Club in Minnesota.

Fortune

Google’s Nobel-winning AI leader sees a ‘renaissance’ ahead—after a 10- or 15-year shakeout

The first battle is science and solving disease, Demis Hassabis told Fortune. Next is the energy crisis, traveling the stars, and exploring the galaxy.

Fortune

Meet the serial CEO taking over Kroger: He started his career stacking supermarket shelves and went all in on retail at 17 thanks to his persistent mom

Greg Foran is now in charge of Kroger; he started working in retail at 17 after his mom sent a Woolworths job ad his way.

Fortune

Steelcase's CTO says the AI boom will reshape office design

The dot-com wave led to the embrace of open-floor concepts. As AI usage explodes, Steelcase's Steve Miller believes the office will need to be redesigned yet again.

Fortune

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Fortune

X-odus: Half of xAI’s founding team has left, potentially complicating Elon Musk’s SpaceX IPO plans

The company has lost two cofounders and six other AI researchers in recent weeks.

Fortune

America’s national debt borrowing binge means interest payments will rocket to $2 trillion a year by 2036, CBO says

Annual interest payments will double to $2.14 trillion by 2036, nearly double the yearly budget for spending on defense.

Fortune

‘The fiscal trajectory is not sustainable’: CBO warns about the highest debt in U.S. history as Trump adds $1.4 trillion to 10-year deficit

The national debt is set to surpass the historic high of 106% of GDP (which it reached in 1946) by 2030, according to the CBO.

Fortune

Nightmarish labor market finally shows signs of letting up—and ‘vindication’ for Jerome Powell

“Low-hire, low-fire” is so 2025-coded as January suggests companies may actually be hiring in 2026. This jobs report made Maria Bartiromo say, “Wow.”

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Fortune

Bausch + Lomb CEO: Standing still is the new falling behind

At Bausch & Lomb, foundational AI learning is now mandatory. If employees don’t complete it, they’re not eligible for their bonus.

Fortune

Something big is happening in AI — and most people will be blindsided

It’s not like a light switch... more like the moment you realize the water has been rising around you and is now at your chest.

Fortune

Career quilts, not career ladders: a new way to think about growth

For leaders, this means rethinking how growth is defined, recognized and rewarded.

Fortune

BlackRock offers DeFi trading for the first time, buys Uniswap tokens

The tie-up, which also relies on crypto firm Securitize, is the first of its kind between Wall Street and DeFi.

Fortune

Ex–Google exec says degrees in law and medicine are a waste of time because they take so long to complete that AI will catch up by graduation

“Higher education as we know it is on the verge of becoming obsolete,” the former Google AI leader told Fortune.

Fortune

It isn't partisan politics to admit that stakeholder capitalism went too far, too fast

The quiet corporate governance revolution recognizes climate change isn't an immediate, existential risk that justifies radical change in everyday life.

Fortune

Levl raises $7 million to provide stablecoin infrastructure for fintechs

The startup aims to “abstract away the complexity” for business to business transactions and remittances.

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