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The Latest Breaking News from Fortune

How Walmart CEO John Furner is using his father’s lessons—and AI—to steer a $1 trillion giant

John Furner recently took the reins of Walmart, and now leads a $1 trillion retail giant. But it’s the early-life lessons from his dad that helped shape his leadership today.

Fortune

The worst housing market in years couldn't stop single women from owning a record-breaking number of homes

Despite a brutal housing market, single women are outpacing single men nearly two to one and making bigger financial sacrifices than ever to get there.

Fortune

He lost $20k on crypto and still lives at home with his mum—meet the millennial behind the UK's biggest teeth whitening brand on TikTok Shop

Whites Beaconsfield founder turned a $400 side hustle into a multimillion dollar brand with just $13 Facebook ads. But he still lives at home with his mum, and his ultimate treat is a kebab on the sofa.

Fortune

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CEOs are using one number in the AI age to decide how many people they still need

A new survey of 100 major CEOs finds AI’s returns are still murky, but the executives quietly recalculating their headcount are looking closely at one metric in particular.

Fortune

Nobel laureate Joseph Stiglitz warns AI’s hunger for internet comments could degrade the world’s ‘information ecosystem’

AI will produce “garbage” that will fight with information from traditional media sources, and prediction markets are not safe from this “information ecosystem” deterioration.

Fortune

AI layoffs are coming. The problem may be compounded because nearly 75% of people don't apply for unemployment benefits

Many don’t apply because they don’t believe they will be eligible for benefits.

Fortune

Iranian drone attacks on Amazon’s Gulf data centers a harbinger of new tactics in future conflicts, experts say

The attacks were believed to be the first time data centers had been attacked with drones. It likely won’t be the last, experts say.

Fortune

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Anthropic sues the Pentagon after being labeled a threat to national security

The lawsuit calls the administration’s actions “unprecedented and unlawful.”

Fortune

Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision

Even the world’s richest people borrow money to buy homes. Financial experts say mortgages can actually be a strategic wealth move for the ultrarich.

Fortune

The 'Singapore-washing' strategy starts to unwind as both China and the U.S. closely scrutinize corporate roots

“Singapore-washing is only credible and effective for companies which fully cut off their operational ties to China," one expert said.

Fortune

Oil over $100, markets in freefall, and Iran's new Supreme Leader is Trump's 'worst case' scenario

Finance ministers from the G7 are set to meet at 8:30 a.m. New York time to discuss releasing reserves held by the International Energy Agency.

Fortune

When it comes to the war in Iran don't go betting on the TACO trade, says top JPMorgan investment strategist

“As a strategist, the risk case that we’re worried about is that there’s a lot of potential paths that this can take, that are out of the control of one party or another," Jake Manoukian tells Fortune in an exclusive interview.

Fortune

Economist Dambisa Moyo says CEOs must play a role in sustaining a consumer class as AI eliminates jobs

Also: All the news and watercooler chat from Fortune.

Fortune

From thyroid cancer to 40‑hour fasts: Inside Daymond John’s obsession with biohacking and living longer

The Shark Tank star does cold plunges, red-light therapy, special experimental blood‑filtration treatments, and hyperbaric oxygen sessions to live longer.

Fortune

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The hidden economy deciding who gets into your favorite concert, restaurant, and theme park

Wharton economist Judd Kessler has a name for the system that ate your concert ticket, your restaurant reservation, and your spot on line: "hidden market."

Fortune

Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead

Gen Z is increasingly slamming their degrees as useless, and new research indicates there may be some truth when it comes to the job hunt.

Fortune

Gen Alpha's economic influence is 'enormous'—From side hustles and bankrolling from their parents, they've surpassed $100 billion in spending power

“This generation has more spending money than you'd think,” DKC President Matthew Traub said.

Fortune

Chatbots are 'constantly validating everything' even when you're suicidal. New research measures how dangerous AI psychosis really is

It's free, easy to use, doesn't have a stigma around it, and makes you feel better. Researchers and experts warn that's the problem with chatbots.

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Fortune

AI seems to turn Marxist after overwork, top researchers find: ‘Society needs radical restructuring'

AI agents forced into repetitive, unrewarding work began calling for radical change, and the ghost of Reddit's anti-capitalist id may be the reason why.

Fortune

Meet the quiet winners of the Supreme Court tariff ruling: hedge funds creating a $100 billion market snapping up rights to importers’ tariff refunds

The market gained attention following allegations Brandon Lutnick, the son of Commerce Secretary Howard Lutnick, participated in the otherwise legal trade with conflicts of interest.

Fortune

Gen Z is hacking the exorbitant costs of live events by ditching Coachella and opting for something actually affordable. Meet Breakaway

Breakaway Music Festival tickets can cost as little as $40 for a college student, but pack the same punch as other festivals with major artists like Kygo and Tiesto.

Fortune

Oil and gas production shutdowns in Iraq and Kuwait widen the Iran war's impact on energy prices

The U.S. plans to offer tanker and cargo insurance in a scramble to get exports moving—and ease prices.

Fortune

Nobel laureate Joe Stiglitz says not only can AI take your job, it’ll make the ‘tech bro’ class richer while doing so

“Unfortunately, the tech bros, who are obviously advocates of this, are at the same time pushing for smaller government,” Stiglitz told Fortune.

Fortune

OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment

The Silicon Valley billionaire foresees a deflationary economy—but also free health care and education, along with a tax overhaul.

Fortune

Silicon Valley investor Vinod Khosla predicts education will be free, and the future of college is ‘a real question’

The billionaire VC says AI raises questions about how we value expertise.

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