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The Latest Breaking News from Fortune

The only person whose net worth has dropped anywhere near as much as Elon Musk's is Bill Gates—and he's giving it away

While other billionaires like Larry Ellison and Mark Zuckerberg saw major gains from the AI rally, Musk’s fortune suffered due to an 18% fall in Tesla stock.

Fortune

This Gen Zer dropped out of NYU at just 19 to launch his blockchain—now, his $1.3 billion company is backed by Mark Cuban and he never takes a day off

Eric Chen, the CEO and cofounder of financial blockchain Injective, can’t remember the last time he took a day off, and swears by a $2,900 mattress topper, Celsius, and his Apple watch.

Fortune

The fall of Elon Musk down Fortune’s 100 Most Powerful People in Business list shows how power is impermanent

Also: All the news and watercooler chat from Fortune.

Fortune

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A long-running anti-DEI lawsuit could have high stakes for corporate diversity

A reverse-discrimination suit against B2B company Hello Alice has become a proving ground in the legal battle over diversity-oriented corporate programs.

Fortune

Tech industry insiders share their picks for the next startups to ride the IPO wave after Figma’s blockbuster debut

There’s a long list of late-stage VC-backed tech companies with strong customer bases that investors hope will be enticed to make the leap after Figma's success.

Fortune

Elon Musk retains title as the highest-paid CEO in history with $26 billion pay package—and the only thing he has to do is show up for two years

The lack of performance targets in Musk’s massive new pay package has some investors crying foul.

Fortune

Dan Morehead assembled his Princeton mafia to pile into Bitcoin at $65 in 2013, leaving Wall Street behind to build a $5 billion crypto fund

Inside the rise of Pantera Capital, from borrowing office space at Fortress to growing into one of the largest blockchain venture firms.

Fortune

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'If You're Not Using AI To Move Faster Or Make Smarter Decisions, You're Behind,' Says Mark Cuban As 5.12 Million Start Businesses

Roughly 5.12 million new business applications were filed in 2024, continuing a post-pandemic surge in entrepreneurship, according to the U.S. Census Bureau data. But many founders stall after the paperwork.

Benzinga

An icon of internationalism: The globe on Fortune covers, from 1933 onward

Featuring covers from 1933, 1957, and more.

Fortune

How Accenture’s Julie Sweet hacked the CEO track

Julie Sweet’s rise from law partner to Accenture CEO shows that curiosity and range, not credentials, are the new power skills.

Fortune

Former General Electric CEO Jack Welch once claimed the jobs numbers were faked. How did that turn out?

Also: All the news and watercooler chat from Fortune.

Fortune

North Korean IT worker infiltrations exploded 220% over the past 12 months, with gen AI weaponized at every stage of the hiring process

Cybersecurity firm CrowdStrike red-flags a new North Korean software development hire to clients about once a day.

Fortune

When Rupert Murdoch dies, it could plunge the Fox and News Corp empire into civil war

The fate of Rupert Murdoch’s businesses lies with his four feuding children and a contested family trust.

Fortune

Not even a 0% mortgage rate would make buying a house affordable in these 6 U.S. cities

Home prices are at the crux of the housing affordability crisis in the U.S.

Fortune

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Fortune

AI is doing job interviews now—but candidates say they'd rather risk staying unemployed than talk to another robot

Job seekers tell Fortune they’re outright refusing to do AI interviews, calling them dehumanizing and a red flag for bad company culture.

Fortune

The first African and Arab woman to go to space reveals her brutal routine to get the job: 4:30 a.m. training, while juggling a full-time tech gig

From Cairo to the cosmos: Inside the ruthless schedule that took Sara Sabry to space—she says it’s a reality check for Gen Z.

Fortune

Workers are making over $1 million by secretly holding down multiple gigs—and they're doing it all within the 40-hour workweek

Holding multiple full-time jobs may sound impossible, but these overemployed remote workers are managing to squeeze in two to three jobs within a regular workweek—no overtime needed.

Fortune

Figma IPO's surprise winner is a charity with 13 million shares—and a famous backstory that sparked a bitter feud over a donor's oil fortune

The Marin Community Foundation netted $440 million as the IPO's largest selling shareholder. The philanthropic organization is itself the product of a previous generation of big business—and a famous legal fight for control of the money.

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Fortune

Sheryl Sandberg, Bill Gates and the world’s top CEOs swear by the same daily habit—this career coach says Gen Z can easily steal it for success

Bill Gates blocks off a week to read in a cabin. Sheryl Sandberg calls it being “CEO of you.” The 1% invest in themselves—here’s how you can too.

Fortune

Top economist Brad DeLong to recent college grads: Don't blame AI for job struggles—blame the sputtering economy

"For the longer-run, the rise in the college wage premium is over, and a decline has (probably) begun," the Berkeley economist writes.

Fortune

A vacancy on the Fed is opening early as Trump urges board to 'assume control' if Powell doesn't cut rates

The 12 voting members of the FOMC make interest rate decisions based on a simple majority vote.

Fortune

The friendship premium: A majority of people would trade 20% in salary to work with close friends, KPMG survey finds

The loneliness epidemic plagues the workplace.

Fortune

‘The Big Short’ investor warns despite economy’s stronghold against ‘thoughtless,’ ‘unprecedented’ tariffs so far, stagflation is coming

After a week-long stock rally, the new tariff announcements have made investors “a little bit more concerned” of ongoing unpredictability, Danny Moses said.

Fortune

Figma’s 33-year-old cofounder is a former LinkedIn intern who launched the $68 billion Wall Street darling with $100k from Peter Thiel

Dylan Field dropped out of Brown University to build his multibillion-dollar tech brand.

Fortune

Make up to $370K working for Walmart—as AI steals jobs, the retail giant is handing out six figures for roles far from the shop floor

As unemployment climbs and AI wipes out white-collar jobs, Walmart is dangling six-figure salaries for new tech hires.

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