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The Latest Breaking News from Fortune

Newsom says Davos appearance was canceled under pressure from Trump

Governor’s office says US pavilion bowed to pressure and pulled scheduled ‘fireside chat’ with Fortune magazine

The Guardian - US

Trump says Europe does one thing right: drug prices. 'A pill that costs $10 in London costs $130 in New York or Los Angeles'

The president called out French President Emmanuel Macron on refusing to raise drug prices, and claimed tariff threats make Macron change his mind.

Fortune

Trump doesn’t want America to be ‘a nation of renters,’ but experts say at least one of his proposals may put homeownership more out of reach

Experts told Fortune Trump’s proposal allowing Americans to tap their 401(k) for down payments could inflate prices and leave Americans poorer in retirement.

Fortune

From analysis to the latest developments in health,
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Ray Dalio warns the global rules-based order is already ‘gone’ as Trump threatens Greenland: ‘Let’s not be naive’

The Bridgewater founder told Fortune he pays attention to the past 500 years: “It’s like a movie for me. It’s like watching the same movie happen.”

Fortune

Ray Dalio warns that the monetary order is breaking down, leaving us with a terrible choice: ‘Do you print money or let a debt crisis happen?’

Dalio told Fortune that he’s looking back at 500 years of history to try and make sense of today and see what’s coming.

Fortune

6 months later, Amazon CEO Andy Jassy sings a different tune on tariffs, saying the pain of higher prices is coming soon in 2026

After keeping prices down last year, Andy Jassy says it’s becoming more challenging for sellers to absorb tariff costs.

Fortune

Match Group says a 'readiness paradox' is crippling Gen Z in dating: Fear of hard-launching on Instagram is making it worse

Gen Z believes they’ll find true love, but loneliness and social media are causing them to alter their timelines, according to a Match Group report shared exclusively with Fortune.

Fortune

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Wall Street is talking about whether Trump’s Greenland plan will end U.S. ‘primacy’

Increasingly, analysts and economists are talking about hedging against U.S. risk and deploying their capital in markets that are more predictable.

Fortune

Exclusive: Alphabet’s CapitalG names Jill Chase and Alex Nichols as general partners

For the first time since CapitalG was started in 2013, the firm is promoting two general partners, Jill Chase and Alex Nichols, Fortune has exclusively learned.

Fortune

CEOs at Davos are buying into the agentic AI hype

Also: All the news and watercooler chat from Fortune.

Fortune

Sergey Brin's University Warning: Google is Now Hiring 'Tons' Without Degrees

Google co-founder Sergey Bin has openly admitted Google now hires employees with no degree at a Stanford University closing event, signalling a shift in tech firms' hiring processes.

International Business Times UK

Palantir CEO says AI “will destroy” humanities jobs but there will be “more than enough jobs” for people with vocational training

Alex Karp said he struggled to market his humanities skills to get his first job.

Fortune

Trump added $2.25 trillion to the national debt in his first year back in charge, watchdog says

The Peter G. Peterson Foundation, a nonpartisan budget watchdog, ran the numbers exclusively for Fortune.

Fortune

Microsoft CEO Satya Nadella’s biggest AI bubble warning yet is a challenge to the Fortune 500: It’s time to reinvent the knowledge worker

The Microsoft CEO offers a fix to the AI productivity dilemma, calling on business leaders to shift workflows to match the structural design of the technology.

Fortune

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Fortune

BlackRock's billionaire CEO says companies need to address AI's impact on white collar jobs and wealth inequality

“Many of the people most affected by what we talk about here will never come to this conference,” Larry Fink said at the World Economic Forum.

Fortune

Billionaire Marc Andreessen spends 3 hours a day listening to podcasts and audiobooks—that’s nearly an entire 24-hour day each week

Bill Gates, Mark Cuban, and Marc Andreessen all swear by the same habit for success: Spend your free time reading—or listening—over scrolling.

Fortune

Last year, AI hype wowed Davos. This year, leaders are obsessing over how to use the technology at scale

Also: All the news and watercooler chat from Fortune.

Fortune

PwC’s global chairman says most leaders have forgotten ‘the basics’ as 56% are still getting ‘nothing’ out of AI adoption

PwC's Mohamed Kande talked to Fortune about the “trimodal” mandate for leaders to execute, transform, and build: “I’ve not seen that in 25 years.”

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Fortune

Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics

“It’ll be like playing sports or a video game or something like that,” the Tesla CEO said.

Fortune

Every Friday, Barry's chairman meets with people who sent him cold emails asking for career advice—‘even random people on LinkedIn’

Barry's boss, Joey Gonzalez, climbed the company ladder from instructor to the boardroom. He tells Gen Z and young millennials how cold emails can help them open doors—and even land promotions.

Fortune

Trump and his Greenland threats are set to dominate a high-stakes World Economic Forum in Davos

Also: All the news and watercooler chat from Fortune.

Fortune

Half of veterans leave their first post-military jobs in less than a year, and spouses face sky-high unemployment—This CEO has a $500 million fix

USAA CEO Juan C. Andrade says some veterans lose “their sense of belonging” in transitioning to corporate jobs. The company hopes fellowships, mentorship, and policy advocacy can help them get back on their feet.

Fortune

Goldman investment banking co-head Kim Posnett on the year ahead, from an IPO 'mega-cycle' to another big year for M&A to AI's 'horizontal disruption'

A Fortune Most Powerful Woman, Posnett is global co-head of investment banking and a member of the Management Committee.

Fortune

This Harvard professor spent 8 years traveling the world researching the secret history of capitalism and how 'marginal' and 'weak' it used to be

Sven Beckert has spent nearly a decade trying to understand the 1,000-year-old thing that capitalism is. “This is a human-created order.”

Fortune

If you want to be financially independent at a young age, don’t buy a house, serial investor says. Home ownership is just an 'expensive indulgence'

“Your mortgage is just the starting point,” said author JL Collins.

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