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The Latest Breaking News from Fortune

‘We owe it to the next generation’ to get national debt under control, says think tank boss, as U.S. borrowing hits $1.2 trillion in just six months

“We can fight over who got the worst end of the shortest stick, but we clearly are doing a disservice to anybody participating in the economy in the future,” Michael Peterson, CEO of the Peterson Foundation, tells Fortune.

Fortune

40% unemployment and a 3-day work week: they're the same thing, top economist says

If you really want that three-day work week you've been hearing about, you may want to reconsider your skepticism, even hatred, of AI, Alex Tabarrok says.

Fortune

Nutella jumps on the best product placement money can’t buy: A trip to the far side of the Moon

The chocolate-hazelnut spread goes where no other spread has gone before. Now the company is eating up the free product placement within the Orion spacecraft.

Fortune

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The white-collar jobs most exposed to AI, according to Anthropic's own data

Anthropic's head economist talks with Fortune about how AI can already handle far more work than most realize.

Fortune

ARK Invest is betting on underdog drone delivery company Manna to compete with Alphabet and Zipline

Manna is leaning into a no-frills, ultra-low-cost strategy as regulators open the door to scaled autonomous delivery.

Fortune

Why CEO Michelle Gass is thriving at Levi’s after stumbling at Kohl’s

Also: All the news and watercooler chat from Fortune.

Fortune

White-collar workers are quietly rebelling against AI as 80% outright refuse adoption mandates

"AI didn't deliver," Johns Hopkins professor Steve Hanke told Fortune. "Welcome to the real world. Forget the AI bubble."

Fortune

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Delta's CEO spent 15 years turning the airline into a premium brand. Now it commands 20% more per seat than rivals

“Delta is not a low-cost airline,” Ed Bastian told Fortune’s Editor-in-Chief Alyson Shontell.

Fortune

Gen Z watched millennials burn out at their desk—now 1 in 4 are ditching office jobs for 'less stress, more stable' trade jobs

Gen Z was sold the dream of white-collar work. Now 75% associate it with instability—they're ditching desk jobs for drains and electrical cables.

Fortune

The Iran war is either concluding with the world worse off, or escalation is just delayed again

Iran aims to control the Strait of Hormuz choke point for the foreseeable future with or without a ceasefire, experts said.

Fortune

Analysts warn the TACO trade won’t last forever after an Iran ceasefire wipes out weeks of losses in markets

The announced ceasefire led to a $1.5 trillion market rally Wednesday.

Fortune

‘You can never really catch up’: The Iran war is exacerbating already high grocery bills, and it will only get worse if the war continues, experts say

Labor shortages, inflation, and energy costs were raising prices even before the war began, economists say.

Fortune

Jamie Dimon warned high taxes would push business out of New York, but the city is honing its edge over Miami in attracting top talent, report finds

More skilled professionals are moving to New York than Florida, according to a white paper from real estate firm JLL shared exclusively with Fortune.

Fortune

What do you do when your AI agent hallucinates with your money?

Researchers from Google DeepMind, Microsoft, Columbia University, and T54 Labs want to build a financial safety net around autonomous AI.

Fortune

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Fortune

Bill Ackman channels Warren Buffett with his $64 billion bid for Universal Music Group

Also: All the news and watercooler chat from Fortune.

Fortune

2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out in Iran

China’s “petroyuan” system is a player in a way that it wasn’t before.

Fortune

Bill Ackman’s $64 billion Universal Music play is part of his strategy to become the next Warren Buffett

Ackman, a self-described Buffett “devotee,” is following his idol’s playbook to access “permanent capital” by trying to jointly list his hedge fund, Pershing Square Capital, and Universal Music Group.

Fortune

Anthropic is giving some firms access to Claude Mythos to bolster cybersecurity defenses

Fortune first reported that Anthropic was developing and testing the new model, which the company described as “by far the most powerful AI model” it has ever developed.

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news in one place.

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Fortune

Trump, the $39 trillion national debt, rosy growth assumptions and the question of 'a sustainable path'

The White House is betting 3% GDP growth will shrink the deficit—but faster growth would likely drive up interest costs on the $39 trillion national debt.

Fortune

Sam Altman and Vinod Khosla agree: AI will break the economy. Their fix is no income tax for most Americans

The venture capitalist's proposal to eliminate income taxes for earners under $100,000 now has a powerful institutional ally—the most valuable AI company on the planet.

Fortune

MacKenzie Scott's latest donation takes her HBCU giving to well over $1 billion

The billionaire philanthropist's $42 million gift to Elizabeth City State University caps a multi-year streak of transformative, no-strings-attached giving to historically Black colleges and universities.

Fortune

Only one in five workers feel like their jobs are safe—manufacturers, warehouse workers, and women are the most worried

As AI reshapes work, most employees no longer feel like their jobs are safe—but those in manufacturing, construction, transportation, and warehousing are feeling the least confident.

Fortune

So… what are we doing with AI? Innovating in an age of caution

Boards want AI results, but capital is tighter and risks feel higher. So how can leaders experiment fast enough to innovate without destabilizing the businesses they run?

Fortune

AI is moving fast. CFOs have a narrow window to shape its value

At Fortune's Modern CFO dinner, a Stanford AI researcher talks about harnessing AI value.

Fortune

Lowe’s is investing $250 million to train plumbers, carpenters, and electricians as its CEO says skilled trades are ‘critical to the future’

Lowe’s CEO Marvin Ellison says AI can’t replace hands-on work or fix labor shortages. The company is quintupling its investment in the skilled trades.

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