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The Latest Breaking News from Fortune

Even the author of ‘Trumponomics’ admits ‘tariffs are taxes—and taxes are bad’

Trump’s former economic advisor Stephen Moore tells Fortune tariffs have dragged down growth and raised prices, and says he’s concerned about Trump publicly dictating prices on drugs and beef.

Fortune

Can Macy’s win back America? How CEO Tony Spring is moving past denial and embracing change

The venerable department store is betting on fewer, better stores—and a cultural reset—to stage a comeback.

Fortune

The cure for Gen Z's apathy as high school kids ask 'why bother?' in the age of AI: a really useful new AP course on business and personal finance

"In elementary school, they'll take what we give them. In middle school, they become suspicious. And in high school, many of them are done."

Fortune

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S&P analysis of 9,000 companies worldwide finds the real cost of tariffs and other corporate costs: $1.2 trillion

It's a “highly conservative” estimate based on forecasts of companies representing about 85% of the $130 trillion global equity market.

Fortune

YouTuber Hank Green warns Gen Z that being an influencer isn’t all lazy mornings and free trips: ‘The vast majority of your life is typing’

The dream job of Gen Z may look glamorous, but being a content creator may still feel a lot like a 9-to-5 desk job, warns Hank Green.

Fortune

Mercedes F1 team CEO Toto Wolff's experience with two Gen Z drivers made him realize the workplace stereotypes are 'a bit unfair'

“I think it's about the human, about their personalities, about their strengths and weaknesses,” Wolff said.

Fortune

Top investment bank CEO says he was ‘defrauded’ by the bankruptcy that’s rattling Wall Street. Famous short-seller sees an Enron moment

“My antenna goes up when things like that happen,” Jamie Dimon said of First Brands. “When you see one cockroach, there are probably more.”

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JPMorgan CEO Jamie Dimon says if you check your email in meetings, he’ll tell you to close it: ’it’s disrespectful’

Wall Street titan Jamie Dimon says workplace etiquette has gone off the rails—and he’s calling for a return to old-school focus in an age of AI and constant notifications.

Fortune

Women could fall behind in the $124 trillion Great Wealth Transfer because of the ‘confidence gap’ in financial planning, experts say

Psychological barriers make it more difficult for women to plan their finances, experts said at the Fortune Most Powerful Women Summit.

Fortune

Jamie Dimon calls Zohran Mamdani's movement 'more Marxist than socialist,' but he's offering his help: 'Get involved and grow up'

The JPMorgan CEO Said "it is odd to have the bastion of American capitalism with a socialist" looking likely to govern, but "capitalism has a lot to fix."

Fortune

Jamie Dimon says it’s the first time in his lifetime it’s ‘semi-rational’ to hold gold in your portfolio

”It could easily go to $5,000 or $10,000 in environments like this,” Dimon said.

Fortune

Asymmetric Capital Partners raises $137 million second fund, beating ZIRP-era odds

Asymmetric has raised its $137 million second fund, passing its original $125 million target, Fortune has exclusively learned.

Fortune

The secrets and rituals behind the 100 Best Companies to Work For in Europe

Also: All the news and watercooler chat from Fortune.

Fortune

Starbucks CEO reveals a 'secret AI barista' that assists with making coffee in real time—and may one day predict your order

Brian Niccol wants to make Starbucks the "world's greatest customer service company again" and he wants AI to help solve the "chaos" of ordering.

Fortune

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For succession planning to work, boards need to hunt for future CEOs with these 4 traits, YouTube exec says

YouTube exec Tara Walpert Levy spoke at Fortune's Most Powerful Women conference in Washington, D.C., on Tuesday.

Fortune

Nestlé is laying off over 16,000 employees under its new CEO—and says a key motivator is 'automation'

"This initiative is focused on transforming our ways of working," a company spokesperson told Fortune.

Fortune

Durability tester says Google's new $1,800 foldable phone is the first smartphone to explode during his routine test—and he caught it all on camera

Zack Nelson from JerryRigEverything said he's never had a phone set off his fire alarm in the decade of durability testing smartphones.

Fortune

Gen Z's misery is real: Most workers in this economy lack a voice and are stuck in low-quality jobs, a massive Gates-backed study finds

"We've seen, really, a rising tide of unhappiness, loneliness, isolation, anxiety, stress, and worry," Stephanie Marken of Gallup told Fortune.

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Fortune

This exec says resisting FOMO is a major challenge in the AI age: ‘Stay focused on the human being’

Executives from Brilliant Earth, Grindr, and Braze agree: Trying to innovate just for the sake of it can do more harm than good.

Fortune

Logitech CEO Hanneke Faber says she would consider adding an AI agent to her board of directors

Also: All the news and watercooler chat from Fortune.

Fortune

Gen X Pinterest exec was raised in the Bronx: Now, he lives in the center of LA, eats out 50% of the week, and tracks his brainwaves while meditating

Pinterest’s chief content officer Malik Ducard worked at Google, YouTube, and even Hollywood before forging partnerships with Emma Chamberlin and Colman Domingo in his C-suite role at Pinterest.

Fortune

The CEO behind Abercrombie & Fitch’s turnaround says the retailer isn’t chasing ‘cool’

The CEO has lined up the NFL and Macy’s as partners to keep its momentum going.

Fortune

The CEO of corporate credit card unicorn Ramp says the company's counterintuitive secret to success is helping customers spend less

"What if actually we wanted the same things as our customers, and what if our goal was," Glyman told Fortune, "actually just help them spend less?"

Fortune

AI trading is flooding Wall Street—and fueling a 1.2 trillion-message trading surge, NYSE president says

There are threefold more trades on Wall Street versus just four years ago, the head of the stock exchange, Lynn Martin, told Fortune.

Fortune

Self-made billionaire Selena Gomez says people didn’t take her seriously in the beauty business at first

Selena Gomez spoke at the Fortune Most Powerful Women Summit in Washington, D.C., on Wednesday.

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