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The Latest Breaking News from Fortune

Sam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology

Some economists are warning there’s no sign of AI-related job displacement appearing in the labor data. Altman claimed it’s just a matter of time until it does.

Fortune

Trump wants to cut federal loans from college programs that don't pay off. College cosmetology, fine arts, and music programs are at risk

As student debt surpasses $1.7 trillion, a Trump-backed rule would strip federal aid from degree and certificate programs with weak earnings outcomes.

Fortune

Zoom is giving away $150K to 'solopreneurs' with no strings attached—as 33 million workers ditch their 9-to-5 to become their own boss

As AI kills the American dream of a stable job and a corner office, 33 million people are going solo—and Zoom is throwing $150,000 behind the movement.

Fortune

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Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams

Failed promises are reshaping how Gen Z approaches financial decisions and their role in the economy. Call it “disillusionomics,” Alice Lassman says.

Fortune

CEO writes hundreds of thank you notes to staff and still eats in the break room—which 'always, for whatever reason, blows new employees away'

First Watch CEO Chris Tomasso isn’t afraid to pick up pen and paper—something similarly embraced by top business leaders at Chevron and even OpenAI.

Fortune

Suze Orman once said earning more than $800,000 would make her 'sick to my stomach'—but that turning down Oprah Winfrey cured her self-doubt

Finance icon Suze Orman turned down a million-dollar book deal and refused to appear on The Oprah Winfrey Show—and says both decisions changed her life.

Fortune

Trump picked a fight with the Pope: The one person he can't fire, can't outbid, and can't outlast

The Vatican, the oldest institution in the world, has faced attacks from leaders throughout history—and from the U.S. This time it's unprecedented.

Fortune

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One economist’s ‘radical idea’ to solve the biggest energy crisis in history: a reverse OPEC

UMass Amherst economist Gregor Semieniuk says the U.S. is the most powerful country to make the idea work.

Fortune

Utility CEOs pocket $626 million as American energy bills hit record highs

With electricity prices rising, lawmakers are asking questions about business models at privately owned utilities.

Fortune

A Chick-fil-A worker got fired and then showed up behind the register to allegedly refund himself over $80,000 in mac and cheese

The cheesy scheme allegedly netted a former employee over $80,000 in fraudulent refunds.

Fortune

Brian Niccol’s nascent Starbucks turnaround starts with treating workers better

Also: All the news and watercooler chat from Fortune.

Fortune

The national debt is the same size as the economy. It's a 'disturbing warning and a call to action,' watchdog says

A new bipartisan survey finds near-universal concern that the national debt is driving up everyday costs, as fiscal confidence hits a 22-month low

Fortune

‘This is not normal’: Former Fed economist sounds alarm on Kevin Warsh after one-sided confirmation

Claudia Sahm worked with Warsh when they were at the Fed but doesn’t know him personally. She told Fortune that his disrespect for Democrats was striking.

Fortune

Wind energy executive says company ‘must adapt’ as Trump offers $2 billion to kill offshore wind projects

“My goal is to not let any windmill be built. They’re losers,” Trump said to oil executives in January.

Fortune

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Fortune

Record heat, zero rain, millions of acres lost: Experts warn wildfires are now America’s problem to survive

This year already promises to be a “historic” one for fires, immediately testing Trump’s new firefighting strategy.

Fortune

GM just boosted its U.S. manufacturing spend to $6 billion in one year—and it may be returning to the idea that made it great

GM used to say, “A car for every purse and purpose.” Now, SVP Mike Trevorrow tells Fortune, “we have a wide variety of vehicles for everyone.”

Fortune

Your laundry bill is about to get more expensive—and Unilever says the Iran war is partly to blame

“There will be frequent price increases, but in small doses,” Unilever CFO Srinivas Phatak told analysts on Thursday.

Fortune

AI may hurt young workers, but it's helping boost retirees’ portfolios

AI can be “incredibly dangerous” for Gen Z, wealth advisor Jonny Jonson told Fortune, but “actually great” for older workers’ portfolios.

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Fortune

High earners are feeling the pain of wealth creep—and it's led to a new trade-off in their spending

Some high earners are skipping their morning latte and putting that money into things they value more, like vacations, restaurants, and concerts.

Fortune

Half of Google's and Amazon's 'blowout AI profits’ came from a stake in Anthropic—not from their actual business

Anthropic is the secret sauce this earnings season, as unrealized gains on the private company are so powerful they're adding billions of shareholder worth to their partners.

Fortune

Why premium card perks are 'designed to create a win-win-win for everyone' including banks, brands, and users

As consumers hunt for savings, elite credit cards are leaning on partner perks that can help offset costs and turn rewards into household budgeting.

Fortune

Public schools in Texas banned cellphones. One district has already seen 200,000 more library books checked out

Library book checkouts at one Texas school district jumped nearly 25% just months after a cellphone ban—but for many Gen Z and Gen Alpha students, the literacy crisis may already run too deep to reverse.

Fortune

Marriott CEO on why you have to defend both DEI and ICE's right to a hotel room: Dictating values is a 'bad place for the country'

Tony Capuano told Fortune that core values and a strong culture are "a great true north when you're trying to navigate these crazy times."

Fortune

Trump-tied public crypto company buys startup from one-time ‘cannabis king’ who serves as current advisor in deal worth up to $43 million

The public company, AI Financial, struck a deal in August with a Trump family crypto outfit to stockpile $1.5 billion in Trump-linked cryptocurrency.

Fortune

Hyatt's CEO has built a 'family' culture for 20 years. Now he's leaning on it

As geopolitical shocks and a fractured workforce test his industry, Mark Hoplamazian tells Fortune that caring for people isn't soft — it's strategic.

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