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The Latest Breaking News from Fortune

Italy is mulling a €25-a-night tax for tourists staying at its most expensive hotels to turn overtourism into economic gain

Italy has seen hundreds of millions of tourists this summer, and the number keeps growing. A new tax might help address it—or not.

Ross Stores CEO made a whopping 2,100 times as much as her typical employee in 2023

Ross Stores CEO made a whopping 2,100 times as much as her typical employee in 2023

Barbara Rentler raked in $18.1 million in 2023, while rank-and-file workers made just $8,600.

Drunk driving gets all the attention but driving while high is also a real problem

Drunk driving gets all the attention but driving while high is also a real problem

It's both unsafe and illegal—despite changing marijuana laws in the U.S.

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Zillow CEO says the worst of the housing crisis may be over

“It seems we’re closer to easing rates, and closer to supply coming online than we were two to three years ago,” Jeremy Wacksman told Fortune.

A 40-year mortgage should be the new American standard for first-time homebuyers, two-time presidential advisor says

And there shouldn’t be a cap on age: “Why discriminate against somebody because they’re older? That’s crazy,” John Hope Bryant tells Fortune.

Half of Gen Zers don’t intend to vote—but Kamala Harris and Donald Trump still need their support to win the 2024 election

When playing on Gen Z’s turf, presidential candidates are always one viral moment away from success or crisis.

This athlete lost the use of her legs 7 years ago. Resilience got her to the Paralympics

Emi Perry struggled to accept her new identity as a para athlete, but resilience kept her in the sport until she reached Paralympic status.

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Exclusive: Coinbase and Square vets aim to level up stablecoins with Bridge and $58 million in funding

Exclusive: Coinbase and Square vets aim to level up stablecoins with Bridge and $58 million in funding

The "Stripe of crypto" has backing from top VC firms including Sequoia, Ribbit, and Haun Ventures.

New COVID vaccines are here. What to know about 2024–25 shots as summer surge continues

New COVID vaccines are here. What to know about 2024–25 shots as summer surge continues

Citing skyrocketing COVID spread, the FDA announced in late August that it had approved Pfizer’s Comirnaty and Moderna’s Spikevax vaccines early.

Nvidia smashed earnings expectations. Thank Colette Kress

Nvidia smashed earnings expectations. Thank Colette Kress

“She is extremely well respected both internally at Nvidia and across the tech industry."

Ford is the latest in a series of companies to scale back DEI efforts under pressure from Robby Starbuck

Ford is the latest in a series of companies to scale back DEI efforts under pressure from Robby Starbuck

Ford CEO Jim Farley cites evolving political and social beliefs in a memo ending diversity quotas.

The world’s population is poised to decline—and that’s great news

The world’s population is poised to decline—and that’s great news

Population stabilization is an opportunity to redefine the very purpose of the economy on a planet faced with existential threats.

Nvidia's CFO says the 'Enterprise AI wave' has begun and Fortune 100 companies are leading it

Nvidia's CFO says the 'Enterprise AI wave' has begun and Fortune 100 companies are leading it

Companies are investing in generative AI applications, according to Colette Kress.

Interest rate cut expectations just keep getting deeper as Powell's 'risk bias' changes

Interest rate cut expectations just keep getting deeper as Powell's 'risk bias' changes

"We believe it puts the Fed on track to deliver a roughly 100 bp step-down in rates by the end of this year."

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Warby Parker’s founders were told their startup would never work. Here’s how they built it into a $1.8 billion business anyway

The key to success is outworking everyone else, the eyewear company co-CEOs and best friends say.

A decade of ‘I love you’ texts led to 2 execs’ firings. Now a bank wants to claw back millions in pay

The former CFO of Royal Bank of Canada had an inappropriate relationship with an employee, the bank claims.

Google employees say AI meeting tool gives execs softball questions

The company told Fortune it’s just trying to avoid repetitiveness and improve efficiency.

Super Micro, an AI darling, postponed earnings while under a short-seller’s microscope

Hindenburg Research’s 19,000-word short report accuses Super Micro of sanctions evasion and accounting manipulation.

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Warren Buffett's early birthday present is $1 trillion market cap

The conglomerate briefly became the first non-U.S. tech giant to join the 'Trillion Dollar Club' as shares hit all-time highs.

U.S. homes aren't just more expensive. They're also getting smaller

“Essentially, building smaller houses isn’t stopping the growth in price per square foot, leaving buyers with a smaller house and an inflated mortgage,” an analysis from USA Today Homefront said.

American kids are losing fundamental skills—states should address this now before they lose billions in federal funding

Officials have the opportunity to use ESSER funding creatively to support students and families—but only if the states act before the Sept. 30 deadline.

Gen Z is actually taking sick days, unlike their older coworkers. It’s redefining the workplace

The days of being "scared to death" to call in sick are over.

Big Tech wants to keep stealing patents—so it’s going to war with Big Pharma

Big Tech is trying to discredit the PREVAIL Act by arguing that it'll lead to higher prescription drug costs. But new data debunks this myth.

Google and Meta employees are apparently getting jealous of their wealthy Nvidia peers

“Bought a $100K family car in all cash and didn’t have to think about it.”

The U.K.’s quantum advantage is about to pay off—but a government spending review risks squandering it

New NVIDIAs and Microsofts of quantum will be born, and today, there is a large chance that one or more of these will come from the U.K.

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