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The Latest Breaking News from Fortune

The labor market is balancing on a knife edge, and the factors weakening it aren’t going anywhere

The Federal Reserve faces rising labor market weakness as BLS revisions, JOLTS downturn, and AI job displacement fuel calls for FOMC rate cuts—but what underlying factors are shaping the data, and are they here to stay?

Fortune

Exclusive: Baseten, AI inference unicorn, raises $150 million at $2.15 billion valuation

Baseten has raised a $150 million Series D, led by Bond, Fortune has exclusively learned.

Fortune

When the bond market sneezes, corporate America worries about a 'debt-induced heart attack'

Also: All the news and watercooler chat from Fortune.

Fortune

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As Trump pushes Supreme Court to uphold his tariffs, he signals trade deals will be defunct if he loses the case: 'I guess we'd have to unwind them'

“If we don't win that case, our country is going to suffer so greatly, so greatly,” the president said on Wednesday.

Fortune

Trump demands immediate Supreme Court showdown over tariffs, warning of ‘economic catastrophe’ if they don’t remain in place

The Trump administration says the court’s decision cast “a pall of legal uncertainty over the president’s efforts to protect our country.”

Fortune

America’s billionaires are worth $5.7 trillion—but they've only pledged or donated $185 billion of that in the last decade

The U.S.’s 1,135 billionaires are sitting on a collective $5.7 trillion, but few are giving back through philanthropy: They've only pledged or donated 3% of that in the last decade.

Fortune

Brooks CEO Dan Sheridan leads his company with a Charlie Munger-inspired mantra: low arrogance and a bureaucracy allergy

Brooks CEO Dan Sheridan does all he can to avoid the ABCs—or what Warren Buffett calls “corporate cancers”: arrogance, bureaucracy and complacency.

Fortune

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Exclusive: Crypto firm Fireblocks launches a stablecoin payments network

More than 40 companies have joined the network, including Bridge, a stablecoin startup recently acquired by the fintech giant Stripe.

Fortune

Forget vapes: Nicotine pouch startup Sesh raises $40 million from 8VC, Post Malone, and Diplo to take on Zyn

Founder Max Cunningham is hoping to reshape U.S. nicotine consumption through his venture-backed startup.

Fortune

Starbucks hops on the health craze with protein coffee weight-loss influencers had been concocting in its drive thru for months

Protein lattes and cold foam will roll out in U.S. and Canada stores starting Sept. 29, the company announced this week.

Fortune

Tennis champion Coco Gauff loves this $2 monthly subscription, cooks TikTok recipes, and treats herself with $3,000 shopping sprees

21-year-old star athlete Coco Gauff has been breaking tennis records for years—but the multimillionaire doesn’t pay for her own Netflix, shops second-hand, and winds down by journaling.

Fortune

Don’t date at work, don’t be a jerk: In our viral age, CEOs should behave like royalty to avoid being fired

Also: All the news and watercooler chat from Fortune.

Fortune

'We Started Becoming The Reddit Of Security Data,' Says CrowdStrike CEO George Kurtz After $290 Million Onum Buyout

The race to secure artificial intelligence has turned into one of the defining battles of 2025, and CrowdStrike (NASDAQ:CRWD) just raised the stakes with a $290 million acquisition of Madrid-based data observability startup Onum.

Benzinga

China Solves AI's Biggest Bottleneck – U.S. Faces Power Grid Crisis That Goldman Warns Could 'Severely Choke' Growth

Surging artificial intelligence demand faces a "critical bottleneck" according to Goldman Sachs, with the fragile U.S. power grid failing to keep up with monstrous industry growth. In fact, China may have already won the battle for electric power dominance after decades of infrastructure investment, unlike our politically divided country.

Benzinga

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Fortune

Figma is getting crushed in its post-IPO earnings debut; CEO Dylan Field is focused on AI’s long-term power to ‘raise the ceiling’

In an interview with Fortune, the cofounder and chief executive of the newly public Figma discussed the increasingly interconnected future of design and AI.

Fortune

McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals—and signals backing for a minimum wage increase

“Particularly with middle- and lower-income consumers, they’re feeling under a lot of pressure right now,” Chris Kempczinski said on CNBC.

Fortune

One out of every 4 homes is at 'severe or extreme' climate risk, study says

Some $12.7 trillion of Americans' housing wealth is exposed to the climate change crisis.

Fortune

A Trump loss in his tariff court case could mean a $150 billion refund for American businesses. Here’s how they could get their money back

Previously imposed tariffs could be refunded, but not without some red tape.

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news in one place.

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Fortune

McDonald’s CEO says Trump’s no tax on tips creates ‘uneven playing field’ for its restaurants, which don’t get ‘customers to pay’ for labor

Chris Kempczinski raised concerns that restaurants paying tipped workers a lower minimum wage were getting an extra boost from the White House’s new provision.

Fortune

New Nestlé CEO joined the company straight out of college—like Mary Barra and Doug McMillon, he climbed all the way to the top at a single company

Philipp Navratil joins Fortune 500 leaders in proving that playing the long game up the same corporate ladder can pay off.

Fortune

Meet the $100m AI startup that wants to kill the billable hour: 'Most legal departments have lost control of their budgets and their knowledge'

“We have been heads down the last few years," CEO Omar Haroun told Fortune. Now he’s onstage with a “priest” reading out last rites for Big Law billing.

Fortune

The canary in the coal mine is singing as global bond selloff raises national debt concerns

Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537 amid investor flight.

Fortune

Thrive Capital’s Philip Clark is promoted to partner

Philip Clark has been promoted to partner at Thrive Capital, Fortune has exclusively learned.

Fortune

Inside IKEA’s CEO succession plan: a lengthy listening tour and a handover that will take months

Also: All the news and watercooler chat from Fortune.

Fortune

Nestlé fired its scandal-clad CEO without a payout—a ‘really unusual’ move, corporate governance expert says

High-profile executives usually get a “golden parachute,” even after serious misconduct violations.

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