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The Latest Breaking News from Fortune

Gen Z is right about the job hunt—it really is worse than it was for millennials, with nearly 60% of fresh faced grads frozen out of the workforce

When millennials, Gen X, and baby boomers graduated, just a quarter could expect to be unemployed that year. Meanwhile, nearly 60% of fresh-faced Gen Z grads today can’t land a job.

Fortune

If Trump fires the Fed’s Powell ‘both the currency and the bond market can collapse,’ according to Deutsche Bank

Deutsche Bank's explosive scenario in a note titled, “What if ?”

Fortune

Markets are preparing for an international game of tariff bluff—but President Trump may no longer need to back down

Analysts including Deutsche Bank’s Jim Reid and Goldman Sachs’ Sven Jari Stehn suggest Trump's sharp escalation is more likely a negotiation tactic than a firm policy shift.

Fortune

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Panasonic’s Megan Myungwon Lee wants half the battery supply chain inside North America by 2030

Also: All the news and watercooler chat from Fortune.

Fortune

A $100 billion mystery is unfolding on tariffs and inflation and economists are cracking the case

The hottest question in economics is why the massive price hikes tariffs were supposed to bring still haven’t materialized halfway through 2025.

Fortune

AI startups believe Google’s Chrome is vulnerable to a new wave of intelligent browsers

Perplexity’s AI-enabled web browser, Comet, can send emails and schedule meetings as well as provide answers to questions.

Fortune

Mark Zuckerberg Poaches Sam Altman's Talent With Multimillion-Dollar Offers To Build Meta's AI Team

Meta Platforms Inc. (NASDAQ:META), under the leadership of CEO Mark Zuckerberg, is on a relentless pursuit for artificial intelligence (AI) specialists, with remuneration packages that outstrip those of professional sports stars and Fortune 500 CEOs.

Benzinga

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3 Things To Do if You Got an IRS Warning Letter About Your Crypto Activity

If you're a cryptocurrency investor, you might soon hear from Uncle Sam in the form of an IRS letter detailing your tax obligations. Read Next: 13 Cheap Cryptocurrencies With the Highest Potential...

GOBankingRates

Trump's law of the jungle means U.S. trade deals aren't worth the paper they're printed on, trade expert warns

Without a means of enforcing bilateral trade agreements, Trump could simply change the terms of any deal down the road. The answer is to kick the U.S. out of the World Trade Organization, argues professor Kristen Hopewell.

Fortune

Gen Z men are still obsessed with Pokémon cards—using 'boy math' to argue that they'll beat Nvidia stock and the S&P 500. But there's a catch

Pokémon and sports cards may be outpacing the stock market on paper, but while some collectors are cashing in—others are going broke.

Fortune

Crypto and stablecoin infrastructure startup Zerohash to raise $100 million at an almost $1 billion valuation

The company is the latest beneficiary of venture capital’s booming interest in stablecoins.

Fortune

As tech CEOs predict AI will replace humans in just 5 years, this Fortune 500 boss says taking the focus off real people is a ‘recipe for failure’

As tech giants lay off thousands of workers to make way for AI, the CEO of the $8 billion food giant, Ingredion, says the secret for success remains in the people.

Fortune

Trump is ‘extremely troubled’ by Fed’s approach, according to new letter, but bank official stands firm on independence

In a response to Fortune, Federal Reserve Bank of St. Louis president Alberto Musalem defended the Fed’s autonomy, citing global evidence that independent central banks deliver stronger inflation and employment outcomes.

Fortune

Tesla’s rule-breaking board expressing ‘almost a contempt for lawful and accepted procedure’, says governance expert

Tesla's AGM will occur four months later than required—not good enough, says Charles Elson: "The law has to be equally and neutrally applied. There aren’t special exceptions."

Fortune

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The unlikely rise of Karyn Tomlinson, who traveled to France in her 20s to learn how to cook and just won the culinary world's most prestigious award

At age 32, she moved to northern Sweden to apprentice at a mythic institution with 2 Michelin stars.

Fortune

Over 30 million homeowners don't have a mortgage right now. Here's why that's a big warning sign about the housing market

Homeowners also aren’t borrowing against their homes because interest rates are too high.

Fortune

Jamie Dimon says Trump was 'right to chicken out' on tariffs but markets are getting too complacent

Jamie Dimon warns markets are growing complacent on Trump’s tariff threats, as UBS's Paul Donovan flags a paradox fueling investor overconfidence.

Fortune

We may never hear Linda Yaccarino’s side of the X story: ‘There’s always a nondisclosure where you can’t set the story straight’

Also: All the news and watercooler chat from Fortune.

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Fortune

Elon Musk’s Tesla finally sets a shareholder meeting date amid doubts about his long-denied $56 billion pay package

New York City Comptroller Brad Lander told Fortune the announcement was a “welcome, if belated, recognition that the rule of law applies to everyone—even the world’s richest man and his company.”

Fortune

Tech CEO Garry Tan slams college entrepreneurship programs for 'teaching you to lie'—he warns Gen Z students that it could land them in jail

Y Combinator boss Garry Tan warns against the “dangerous” embrace of Sam Bankman-Fried and Elizabeth Holmes by some education programs.

Fortune

The Gen Z glossary for millenial and Gen X managers

It won’t be long until Gen X managers feel left out of watercooler chats with their twentysomething-year-old workers.

Fortune

Did Linda Yaccarino have real power at X?

The former NBCUniversal exec is leaving after two years, following Musk's sale of X to his own company xAI.

Fortune

Exclusive: Stablecoin startup Agora raises $50 million Series A led by crypto VC giant Paradigm

Agora is run by Nick van Eck, son of asset management veteran Jan van Eck.

Fortune

The SEC opened the ‘floodgates’ for crypto ETFs, experts say, marking a new era for the industry

Experts tell Fortune they expect more ETFs tied crypto products like Solana, Ripple’s XRP, and potentially even Trump’s memecoin, to launch

Fortune

What it takes to be wealthy in America: $2.3 million, Charles Schwab says

Survey respondents said it feels like it takes more money to feel wealthy today compared to last year.

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