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The Latest Breaking News from Fortune

Citigroup's $81 trillion mistake is a warning sign 'that operational risk is still a ticking time bomb in banking,' expert says

It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead of $280.

Fortune

Bitcoin plunges 28% from all-time high as Trump pump turns into slump

Trump’s tariff threats are weighing on the crypto market as investors flee risky assets.

Fortune

Exclusive: Former House Financial Services chair Patrick McHenry joins crypto firm Ondo Finance

McHenry continues to advocate for crypto legislation, including for stablecoins, in Congress.

Fortune

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A new Supreme Court case could change how employment law is practiced—And how HR leaders do their jobs

A straight woman says she faced discrimination after two LGBTQ+ employees obtained jobs she claimed they did not deserve.

Fortune

Companies may be rolling back their diversity policies but investors keep voting down anti-DEI shareholder proposals

Investors at Costco, Apple, and John Deere have all rejected anti-DEI proposals within the past month.

Fortune

Wall Street worried that new tariffs will turn the Trump bump into a slump

Even unfilled tariff threats are beginning to alter consumer and business behavior, with markets stumbling on news of yet more sanctions on China.

Fortune

Meet the 8 Black Fortune 500 CEOs leading companies with over $228 billion in combined revenues

Black CEOs represent 1.6% of the largest U.S. corporations.

Fortune

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JPMorgan accused of evading capital requirements

JPMorgan was accused of evading capital requirements created to prevent another financial crisis—a claim the bank denies. Is the Fed looking the other way?

Fortune

Bosses beware, Gen Z are ‘task masking’—tricking managers into thinking they’re working after being hit with a return to office mandate

Gen Z workers are using the increased focus on in-office presence to “task mask”. But experts warn it could lead to further stress and burnout.

Fortune

Spot Bitcoin ETFs experience record outflow, bleeding over $1 billion in one day

Despite the record outflows, Bloomberg analyst says it’s “par for the course.”

Fortune

Trump’s FTC chair is looking to ‘combat inflation by making sure wages stay up’

The new head of the Federal Trade Commission, Andrew Ferguson, appears set to carry forward his predecessor Lina Khan’s torch and crack down on anti-worker policies and illegal mergers.

Fortune

Trump's threats against Hamas actually worked, father of American hostage in Gaza says

Although Edan Alexander has yet to be released, his father gave credit to both the Biden and Trump administrations for working diligently to free the hostages.

Fortune

Gen Z investors are four times more likely to own crypto than retirement accounts—here’s how financial experts say they should actually invest

Thanks to Elon Musk and Reese Witherspoon, Gen Z’s obsession with crypto is skyrocketing. Experts say the product is risky. But they have advice for those looking to invest.

Fortune

Instacart alumni tackle the liquidation market

Highstock connects brands' overstock inventory with buyers around the world.

Fortune

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Fortune

Inside Nelson Peltz's civil war at Unilever

Also: BP falls back in love with oil, an attempted coup at City Developments Limited.

Fortune

To avoid embarrassing yourself by oversharing with coworkers, stick to FORD conversations, experts suggest

In the wake of RTO, workers might be feeling a little socially rusty. After nearly 5 years sans small talk experts recommend sticking to this conversational method.

Fortune

Apple’s DEI shareholder vote sets it apart from other Silicon Valley giants—but that doesn’t mean it won’t make policy changes

The tech company reaffirms its commitment to DEI—for now.

Fortune

U.K. lawmakers back artists’ protest against government plans to allow AI copyright exemption

“The government should not introduce an ‘opt-out’ approach to the use of creative works for AI training,” said one committee chair.

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Fortune

How to HR leaders can prepare for a possible ICE raid

The Trump administration is cracking down on immigration and business leaders must prepare.

Fortune

USAID workers are being allowed back to the office for 'approximately 15 minutes' to collect their belongings

The process is being conducted with strict time limits and security measures, and employees are required to acknowledge they have no official government records in their possession.

Fortune

Raise nets $63 million in round led by Haun Ventures to build out crypto platform for gift cards

George Bousis, founder and CEO of Raise, wants to put your $100 Walmart gift card on the blockchain.

Fortune

Swatch became the elite Swiss watch industry’s crusader by making colorful timepieces with plastic. Now it'll have to prove itself once again

Swatch Group catapulted to fame with its motley of colorful plastic watches, credited with saving the entire Swiss watch industry. It’s since seen success and failure—and is now on the precipice of yet another defining crisis.

Fortune

Father-son feud and an alleged ‘attempted coup’ rock one of Singapore’s largest property developers

Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of "serious lapses of corporate governance."

Fortune

Tokyo is turning to a 4-day work week in a desperate attempt to help Japan shed its unwanted title of ‘world’s oldest population’

Tokyo even introduced a government-sponsored dating app to help people find partners.

Fortune

The unexpected aging clues hidden in your nails, according to 3 dermatologists

The aging sign you’re probably ignoring—Right at your fingertips.

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