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The Latest Breaking News from Fortune

Private credit deals see a rise in ‘bad PIKs’ showing ‘cracks’ in the market for corporate lending

A majority of payments-in-kind deals, usually offered to riskier corporate borrowers, are now of the kind that indicates distress, Lincoln International says.

Fortune

Jefferies’ Chris Wood called Japan’s crash and the U.S. housing bubble. He’s now warning of an ‘AI capex arms race’

“It’s completely unclear to me who’s going to monetize and make money out of all this capex,” said Wood at the Fortune Innovation Forum.

Fortune

Intrinsic, an Alphabet company, and Nvidia supplier Foxconn will join forces to deploy AI robots in the latter’s U.S. factories

Companies in the AI space are paying more attention to “physical AI,” or artificial intelligence that operates in the real world.

Fortune

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Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics

“It’ll be like playing sports or a video game or something like that,” the Tesla CEO said.

Fortune

Exclusive: Nevada congresswoman sends letter to Governor Lombardo ‘demanding transparency’ and accountability on rescinded Boring Company penalties

After Fortune’s investigation into the handling of a safety investigation, Congresswoman Dina Titus is demanding transparency and accountability.

Fortune

The Johor-Singapore SEZ will be more than an 'industrial park with a nicer brochure,' says the chair of the state's investment committee

“For the long run, we have to look at how we are going to create a regional champion," said YB Lee Ting Han at the Fortune Innovation Forum.

Fortune

Creativity is as important as data literacy in the AI era, says IBM exec

Human ingenuity and a willingness to experiment are now vital for advancing in the AI economy.

Fortune

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Stuut raises $29.5 million Series A led by Andreessen Horowitz to automate accounts receivable

Stuut has raised a $29.5 million Series A, led by Andreessen Horowitz, Fortune has exclusively learned.

Fortune

More Big Tech company debt ‘would increase the macro risks associated with the AI build-out,’ Goldman Sachs warns

Amazon, Google, Meta, Microsoft, and Oracle have taken on $121 billion in new debt, year to date—quadruple the amount from the prior five years.

Fortune

Millions of Gen Zers are watching Hitler and Holocaust denial clips on Instagram

Meme scholar Aidan Walker described it as an “ironic dog whistle”—material that is plainly anti-Semitic, but stylized and self-referential enough that users can deny belief while still spreading the narrative.

Fortune

One of the world’s most popular economists on why AI is ‘undoubtedly going to crash’: It’s built on ‘digital lettuce’—and the U.S. will be just fine anyway

Irish economist David McWilliams is taking his “History of Money” to America: “You kind of feel the boominess of the place, right?” he told Fortune.

Fortune

Walmart and Target are both getting new CEOs—one succession plan has gone smoother than the other

Also: All the news and watercooler chat from Fortune.

Fortune

This 26-year-old was laid off from his ‘dream job’ at PwC building AI agents. He’s worried the tech he built has led to more job cuts

Donald King says he was “blindsided” by his layoff from the “Big Four” consulting giant, and recognizes the AI agents he worked on may be connected to client layoffs.

Fortune

The CEO of Shangri-La Hotels explains the core of Asian hospitality: Not ‘silver candlesticks,’ but ‘warmth and attention to detail’

At the Fortune Innovation Forum, Shangri-La CEO Kuok Hui Kwong noted that most of their guests now come from Asia.

Fortune

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Fortune

AI’s power and water consumption is worrying the agriculture sector: ‘Don’t forget that it is also required for us to grow food’

“Don't forget the humans in the equation," warned Gerard Lim, CEO of vertical farm startup Agroz at the Fortune Innovation Forum.

Fortune

Exclusive: Doppel raises $70 million Series C at more than $600 million valuation to fight AI-powered social engineering attacks

Bessemer-backed Doppel has raised its $70 million Series C, valuing the company at $600 million, Fortune has exclusively learned.

Fortune

Nearly $1 trillion in fine art could change hands during the Great Wealth Transfer: ‘Collections can bring families closer together, but also drive them apart’

Boomer parents are finding their millennial kids have very different taste. "I know people who collect dinosaur skeletons," says Citi's Hannes Hofmann.

Fortune

How CEOs can stay clear-eyed during the stock market's AI selloff

Also: All the news and watercooler chat from Fortune.

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news in one place.

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Fortune

The stock market is barrelling toward a 'show me the money' moment for AI—and a possible global crash

A historic capex surge, thin AI revenues, and extreme index concentration leave investors one disappointment away from a broad‑based equity shock.

International Business Times

Democrats Terrified? Trump's Dividend Cheque Likely Before 2026 Vote

Donald Trump says his proposed $2,000 'tariff dividend' cheques could arrive before mid-2026, alarming Democrats who fear the payouts could sway key voters ahead of the congressional elections.

Fortune

Exclusive: Crypto exchange Kraken raises $200 million from Ken Griffin's Citadel Securities to notch $20 billion valuation

Once skittish about digital assets, Citadel has warmed towards the crypto business in 2025.

Fortune

Gen Z is over the 'girlboss' era, now it’s all about the 'snail girl'—and career experts approve

Although being a “snail” girl is the antidote to years of perpetually hustling under the influence of the girlboss era, it’s not the death knell to ambition.

Fortune

Half of millennial and Gen Z couples pick engagement rings with lab-grown diamonds— 'well beyond what the mining industry had expected,' McKinsey says

Couples appear to care more about gemstone size and price than sustainability.

The Independent UK

Trump floated $2,000 tariffs rebate checks for Americans. The odds of that happening by 2026 are now just 2 percent

A new study also found that Trump’s proposed tariff dividends would cost $450 billion

International Business Times UK

Democrats Terrified? Trump's Dividend Check Likely Before 2026 Vote

Donald Trump says his proposed $2,000 'tariff dividend' cheques could arrive before mid-2026, alarming Democrats who fear the payouts could sway key voters ahead of the congressional elections.

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