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The Latest Breaking News from Fortune

This founder was an AI layoff 9 months ago. Then he built an instantly profitable company with 2 partners and 12 agents

"We launched 2.5 months ago, and right now, we have $300,000 in ARR."

Fortune

From drought to demand: Biotech IPOs roar back with Kailera and Alamar

Strong demand for GLP-1 drugs and next-gen diagnostic testing is pulling investors back into life sciences, even as AI soaks up most venture dollars.

Fortune

Trump's big housing market solution is dead on arrival, UBS says—its model is Texas from 25 years ago

"There isn't a magic wand that will all of a sudden return housing affordability to its historic average tomorrow," ResiClub's Lance Lambert told Fortune.

Fortune

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'We should absolutely be concerned about non-college-educated men today': higher rents, living at home, falling out of the labor market

“Very real economic forces” are “limiting the options for noncollege-educated men,” said Gabrielle Penrose of the American Institute for Boys and Men.

Fortune

United CEO Scott Kirby and American CEO Robert Isom were once colleagues known as ‘the dream team.’ Now Kirby wants to acquire his rival

The dueling CEOs of United and American have a long history of circling each other in the industry.

Fortune

Something is different about Trump's $1 trillion war on Iran and its stress on the national debt, Harvard Kennedy scholar says

During the wars in Iraq and Afghanistan, debt held by the public was around $4 trillion. Now it's $31 trillion, and 15% of the budget pays down interest.

Fortune

The power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverage

With unemployment at 4.3% and quits near a multiyear low, employees are absorbing cuts they would have walked out on three years ago.

Fortune

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Illinois is OpenAI and Anthropic’s latest battleground as state tries to assess liability for catastrophes caused by AI

OpenAI is backing SB 3444, under which frontier AI developers would not be liable for the death or serious injury of 100 or more people or more than $1 billion in property damage.

Fortune

If the economy feels even worse for you than inflation data is showing, that might be because childcare isn’t deemed a ‘necessity’

“The cost of childcare obviously impacts labor force decisions, and that in turn impacts labor growth as a whole,” a BofA economist tells Fortune.

Fortune

The startup Blackstone just backed to turn any exec’s data question into instant answers

Ethan Ding cofounded TextQL in 2022 with Mark Hay, and the startup just closed $17 million in strategic investment led by Blackstone.

Fortune

The first wave of bank earnings shows why 'resilience' is Wall Street's favorite word

Also: All the news and watercooler chat from Fortune.

Fortune

Poppi’s cofounder pitched her startup on Shark Tank while 9 months pregnant and landed a $400,000 deal—now it's worth $2 billion

Poppi cofounder Allison Ellsworth’s 2018 Shark Tank pitch helped catapult the brand into beverage fame.

Fortune

Teen boys are choosing AI girlfriends over real ones for 'maximum control, zero rejection'—experts say it could make them unemployable

Gen Alpha boys are dating AI chatbots for connection—but opting out of real relationships could kill their social skills and career prospects.

Fortune

A United American merger is by no means impossible given the president 'loves big deals'

Answering five key questions about a blockbuster deal.

Fortune

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news in one place.

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Fortune

Meet Joe McCann: The high-flying crypto trader held in Tanzania after sudden death of his influencer fiancée Ashly Robinson

Almost two months after he was detained, McCann said that he was allowed to leave Tanzania once authorities confirmed that Robinson died by suicide.

Fortune

China has ‘nearly erased’ America’s lead in AI—and the flow of tech experts moving to the U.S. is slowing to a trickle, Stanford report says

The U.S.’s $286 billion in private AI investment far exceeds China’s, but America is seeing its lead shrink in performance and talent.

Fortune

Self-made millionaire behind $5 billion Skims Emma Grede says it all began with a cold call to Kris Jenner: Emma Grede—the self-made millionaire behind the $5 billion Skims empire—says it all began with an audacious cold call to Kris Jenner: ‘The difference between me and someone else is, I made it happen’

Emma Grede runs multiple businesses with the Kardashians. In an exclusive interview with Fortune, she reveals that empire can all be traced back to one phone call she made to Kris Jenner that changed everything.

Fortune

Americans have never been this gloomy about the economy. Wall Street has never cashed in harder

“Stock markets respond to risks shifting around,” top economist Claudia Sahm told Fortune. “Households respond to reality.”

Get all your
news in one place.

100's of premium titles.
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Fortune

Exclusive: Eigen raises a seed round from Benchmark to build the world’s first ‘mutual friend’

The company’s 22-year-old founder left high school at 17, and is now tackling the loneliness epidemic.

Fortune

Gen Z turning its back on AI isn’t irrational—it’s a verdict on everyone who failed them

The most tech-native generation in U.S. history has soured on the defining technology of its era. The more they use it, the more they despair.

Fortune

Everyone was wondering what Trump wanted more: Warsh smoothly seated at the Fed, or for Powell to pay. We have our answer

Republican sources told Fortune it was unlikely Warsh himself would be the cause of any vote against his candidacy, while Democrat sources say there is little he could do to convince critics that he isn’t a puppet of the White House.

Fortune

Canva debuts a new suite of agentic tools, as the design app quietly becomes one of the world’s most used AI services

Canva AI 2.0 shifts the startup away from just “a design platform with AI services built on top,” especially as AI challenges the design SaaS space.

Fortune

Most of you are rejecting AI. The data shows you’re running out of time

We have really strong feelings about AI, positive and negative.

Fortune

Two physicians on ending the waiting-room era: bring care home

Aetna CMO Benjamin Kornitzer and former Senate Majority Leader Bill Frist on why home-based care for America's sickest seniors isn't a vision anymore.

Fortune

Forget the chatbot wars. Demis Hassabis is thinking about something far bigger

Also: All the news and watercooler chat from Fortune.

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