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The Latest Breaking News from Fortune

BofA throws cold water on AI apocalypse panic: 60% of today's jobs didn't exist in 1940

AI will reshape 840 million jobs, BofA says. That’s not the same as destroying them.

Fortune

Anthropic takes shot at consulting industry in joint venture with Wall Street giants

The enterprise services firm with Blackstone, Goldman Sachs and Hellman & Friedman puts Anthropic in direct competition with McKinsey and the like.

Fortune

The crypto industry is obsessed with conferences. The vibe at them is changing

There’s a new tone in the industry ahead of the Fortune Crypto 100, which will drop on June 11.

Fortune

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Spirit Airlines’ shutdown is a case study in what happens when a turnaround plan breaks

Capital-intensive businesses need restructuring plans built for shocks, not just recovery.

Fortune

How Twilio CEO Khozema Shipchandler is turning the company around and beating SaaSpocalypse fears

Also: All the news and watercooler chat from Fortune.

Fortune

Google’s AI deal with the Pentagon has sparked employee backlash. But don't expect a repeat of Project Maven

Google's agreement with the Pentagon may be the most permissive yet among major AI firms.

Fortune

A decade after the ‘Godfather of AI’ said radiologists were obsolete, their salaries are up to $571K and demand is growing fast

"As long as AI doesn't make this quantum leap of becoming sort of AGI,” most jobs are going to be reasonably safe, said one economist.

Fortune

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He started as a part-time Starbucks barista at 17. Now he's an exec designing the menu

Sam Henderson's advice to Gen Z? Don't ignore opportunities in hospitality.

Fortune

America's twin scarcities: The 4-million-unit shortage in both housing and childcare is breaking families

America's housing and childcare shortages are converging into a single affordability crisis with major macroeconomic consequences.

Fortune

Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology

Some economists are warning there’s no sign of AI-related job displacement appearing in the labor data. Altman claimed it’s just a matter of time until it does.

Fortune

Trump wants to cut federal loans from college programs that don't pay off. College cosmetology, fine arts, and music programs are at risk

As student debt surpasses $1.7 trillion, a Trump-backed rule would strip federal aid from degree and certificate programs with weak earnings outcomes.

Fortune

Zoom is giving away $150K to 'solopreneurs' with no strings attached—as 33 million workers ditch their 9-to-5 to become their own boss

As AI kills the American dream of a stable job and a corner office, 33 million people are going solo—and Zoom is throwing $150,000 behind the movement.

Fortune

Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams

Failed promises are reshaping how Gen Z approaches financial decisions and their role in the economy. Call it “disillusionomics,” Alice Lassman says.

Fortune

CEO writes hundreds of thank you notes to staff and still eats in the break room—which 'always, for whatever reason, blows new employees away'

First Watch CEO Chris Tomasso isn’t afraid to pick up pen and paper—something similarly embraced by top business leaders at Chevron and even OpenAI.

Fortune

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news in one place.

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Suze Orman once said earning more than $800,000 would make her 'sick to my stomach'—but that turning down Oprah Winfrey cured her self-doubt

Finance icon Suze Orman turned down a million-dollar book deal and refused to appear on The Oprah Winfrey Show—and says both decisions changed her life.

Fortune

Trump picked a fight with the Pope: The one person he can't fire, can't outbid, and can't outlast

The Vatican, the oldest institution in the world, has faced attacks from leaders throughout history—and from the U.S. This time it's unprecedented.

Fortune

One economist’s ‘radical idea’ to solve the biggest energy crisis in history: a reverse OPEC

UMass Amherst economist Gregor Semieniuk says the U.S. is the most powerful country to make the idea work.

Fortune

Utility CEOs pocket $626 million as American energy bills hit record highs

With electricity prices rising, lawmakers are asking questions about business models at privately owned utilities.

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news in one place.

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Fortune

A Chick-fil-A worker got fired and then showed up behind the register to allegedly refund himself over $80,000 in mac and cheese

The cheesy scheme allegedly netted a former employee over $80,000 in fraudulent refunds.

Fortune

Brian Niccol’s nascent Starbucks turnaround starts with treating workers better

Also: All the news and watercooler chat from Fortune.

Fortune

The national debt is the same size as the economy. It's a 'disturbing warning and a call to action,' watchdog says

A new bipartisan survey finds near-universal concern that the national debt is driving up everyday costs, as fiscal confidence hits a 22-month low

Fortune

‘This is not normal’: Former Fed economist sounds alarm on Kevin Warsh after one-sided confirmation

Claudia Sahm worked with Warsh when they were at the Fed but doesn’t know him personally. She told Fortune that his disrespect for Democrats was striking.

Fortune

Wind energy executive says company ‘must adapt’ as Trump offers $2 billion to kill offshore wind projects

“My goal is to not let any windmill be built. They’re losers,” Trump said to oil executives in January.

Fortune

Record heat, zero rain, millions of acres lost: Experts warn wildfires are now America’s problem to survive

This year already promises to be a “historic” one for fires, immediately testing Trump’s new firefighting strategy.

Fortune

GM just boosted its U.S. manufacturing spend to $6 billion in one year—and it may be returning to the idea that made it great

GM used to say, “A car for every purse and purpose.” Now, SVP Mike Trevorrow tells Fortune, “we have a wide variety of vehicles for everyone.”

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