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The Latest Breaking News from Fortune

Why Airbnb's boss thinks CEOs should avoid multi-round layoffs

As companies like Meta and Amazon work through multiple rounds of layoffs, Chesky argues that one swift cull is better for company culture and trust.

Fortune

Employees think managers' bonuses should be tied to well-being metrics

Most workers believe employers should publicly release well-being reports to better hold leaders accountable, according to a report from Deloitte.

Fortune

The Cancer Moonshot could give us miraculous new cures–but what good is it if patients can’t pay the bus fare to get treatment?

American medicine.is proficient at making scientific breakthroughs–but the experience of cancer care is actually getting worse.

Fortune

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Will there be a 'double-dip recession' in the housing market? Top economist Ali Wolf is 'watching closely'

Zonda's chief economist tells Fortune, "the housing recession in the new-home space is over... the big question is—is that it?"

Fortune

YouTube star Grace Helbig reveals her ‘shocking’ breast cancer diagnosis

“Do not be afraid to ask a doctor what you might think is a stupid question,” the vlogger, who has 2.6 million YouTube subscribers, urged her fans.

Fortune

Blockchain to the moon! Crypto companies’ outer space plans are less silly than you think

A small set of crypto companies want to bring blockchain to the next great frontier.

Fortune

How a silver dealer’s slow theft of investors' precious American Eagle coins ended in a $146m fine

Accountants who checked the inventory in the vaults said some customers didn't even have a deposit box.

Fortune

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America needs a new vision for road travel

Road travel is often the only option for millions of Americans, writes MGM Resorts CEO Bill Hornbuckle.

Fortune

The American Dream is alive–but doubts loom this 4th of July

Most Americans believe they're on their way to achieving the American Dream–but growing pessimism is being driven by Gen Z and those with less education.

Fortune

The 'Barbie' franchise is trying hard to represent different ethnicities—but that may have prompted a movie ban in Vietnam

The boomer icon Barbie is making a comeback, but in an inclusive way to keep up with a Gen Z audience.

Fortune

Americans say the death of student debt forgiveness plan is a blow to the middle class

"Millennials are the first generation expected to be worse off than their parents. It’s no secret the reason why."

Fortune

Regulatory headwinds force Sam Altman–backed stablecoin Reserve to halt key services in Venezuela and five other countries

The U.S. firm has been a bright spot for crypto adoption in inflation-ravaged Venezuela, although it is facing operating challenges.

Fortune

DoorDash president: ‘Food delivery made strides during the pandemic. Our next challenge is to help win the fight against food insecurity’

'The pandemic created hardship–but there have been silver linings: new policies and targeted investments have made a positive impact on people’s lives.'

Fortune

Two-thirds of the U.S. is at risk of power outages this summer–but it’s not stopping Americans from electrifying everything in their homes

Americans’ concerns over the power grid’s reliability and a growing electrification movement are fueling solar installs.

Fortune

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Fortune

'The global economy is due for a reality check,' warns the central banks‘ bank

The global economy is at a critical juncture that could weigh on prosperity for years to come, the Bank for International Settlements warns.

Fortune

A.I. hype could signal the start of the ‘fourth industrial revolution’—or it could be investor ‘FOMO’ warping the market with trillions at stake

The A.I. 'hype curve' could be nearing its peak and investors expecting the 'greatest thing since sliced bread' may end up disappointed.

Fortune

This Week in the Metaverse: Azuki’s botched Elementals drop has some calling it quits on the collection

Azuki community members have complained that the new Elementals collection is too similar to the original Azuki collection and dilutes its value.

Fortune

Twitter users get error messages as Elon Musk outlines new limits, blames A.I. data scraping: ‘Rate limit exceeded’

Twitter’s error messages dominated its trending topics on Saturday.

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Fortune

The CEO of Fortune 500 homebuilder D.R. Horton reveals how he cornered the housing market amid a historic affordability squeeze

CEO David Auld moved up four slots on the Fortune 500 despite a mortgage rate shock. His secret? "increased incentives...and adjusted base pricing"

Fortune

Facing bigotry, Black mothers are more likely to reject doctors’ advice and seek health care information elsewhere

A new survey suggests Black Americans are creating their own networks of people and resources they trust for healthcare information.

Fortune

NBA draftees’ high income doesn't equal wealth. Here are the unique challenges that await them

The income of pro athletes goes through extreme peaks and valleys. Here's how they can prepare for the future, according to Goldman Sachs.

Fortune

Google's former ad boss Sridhar Ramaswamy is pivoting from consumer search to A.I. for enterprise use

Neeva founder Sridhar Ramaswamy talked his strategy after being acquired by cloud giant Snowflake.

Fortune

From Bud Light to Target, Pride month saw rainbow capitalism dim in 2023

Reneging on Pride campaigns could hurt companies' profits in the long-run—as well as the wallets of the LGBTQ creators they partner with.

Fortune

Affirmative action is ending–but holistic admissions can still allow higher education to better reflect society

Admissions departments will lean on policies that consider the applicant as a whole human being, beyond their academic testing scores.

Fortune

How the Supreme Court's gutting of affirmative action will roll back progress on diversity in the workplace

Justices Ketanji Brown Jackson and Sonia Sotomayor see that impact.

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