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The Latest Breaking News from Fortune

Top economist Brad DeLong to recent college grads: Don't blame AI for job struggles—blame the sputtering economy

"For the longer-run, the rise in the college wage premium is over, and a decline has (probably) begun," the Berkeley economist writes.

Fortune

A vacancy on the Fed is opening early as Trump urges board to 'assume control' if Powell doesn't cut rates

The 12 voting members of the FOMC make interest rate decisions based on a simple majority vote.

Fortune

The friendship premium: A majority of people would trade 20% in salary to work with close friends, KPMG survey finds

The loneliness epidemic plagues the workplace.

Fortune

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‘The Big Short’ investor warns despite economy’s stronghold against ‘thoughtless,’ ‘unprecedented’ tariffs so far, stagflation is coming

After a week-long stock rally, the new tariff announcements have made investors “a little bit more concerned” of ongoing unpredictability, Danny Moses said.

Fortune

Figma’s 33-year-old cofounder is a former LinkedIn intern who launched the $68 billion Wall Street darling with $100k from Peter Thiel

Dylan Field dropped out of Brown University to build his multibillion-dollar tech brand.

Fortune

Make up to $370K working for Walmart—as AI steals jobs, the retail giant is handing out six figures for roles far from the shop floor

As unemployment climbs and AI wipes out white-collar jobs, Walmart is dangling six-figure salaries for new tech hires.

Fortune

'Shark Tank' Star Kevin O'Leary's Main Motivation Is Proving His Haters Wrong, Not Making Money

"Shark Tank" investor Kevin O'Leary has a simple secret for staying motivated: he loves proving people wrong. "I just love it when people tell me, ‘Oh, you can't do this, you can't do that,'" O'Leary recently told Fortune.

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'Artificial stupidity' made AI trading bots spontaneously form cartels when left unsupervised, Wharton study reveals

AI bots told to act as trading agents in simulated markets engaged in pervasive collusion, raising new questions about how financial regulators have previously addressed this tech.

Fortune

Why Index’s Danny Rimer bet on Figma and Dylan Field at the seed stage

Index Ventures’s Danny Rimer—whose investments also include Etsy, Dropbox, Discord, and Dream Games—led Figma’s 2013 seed round.

Fortune

Anthropic CEO Dario Amodei escalates war of words with Jensen Huang, calling out 'outrageous lie' and getting emotional about father's death

Amodei’s impassioned defense was rooted in a personal revelation about his father's death, which he says fuels his urgent pursuit of beneficial AI while also driving his warnings about its risks.

Fortune

We're about to see a $1 trillion 'super-cycle' of investment in batteries to power the grid for AI

Large-scale battery storage is critical to meeting surging power demands.

Fortune

Global warming and CEO leadership (but make it funny!)

Also: All the news and watercooler chat from Fortune.

Fortune

AI keeps getting more powerful, making it harder to judge how smart models actually are

Stanford’s Russell Wald shared a few highlights of this year’s AI Index at Fortune Brainstorm AI Singapore.

Fortune

HPE's merger with Juniper Networks was approved by the White House for national security reasons: source

The feeling was that a combined HPE-Juniper offering would act as a “bulwark” against Huawei in markets where the Chinese company might otherwise be more dominant.

Fortune

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Fortune

Warren Buffett's Berkshire Hathaway and Zillow say mortgage rates can't fall enough for Americans to afford a home

Mortgage rates are approaching 7%, but one Zillow analyst says even a 0% interest rate still wouldn't make a typical home affordable in some areas.

Fortune

Hermès CEO says the booming Birkin resale market prevents the luxury brand from serving its 'real customers': 'It doesn't make me feel in a good mood'

The appreciating value of a Birkin bag on the secondhand market has in some cases outpaced the S&P 500 and the price of gold.

Fortune

TripAdvisor's ex-CEO admits he’s often ghosted on LinkedIn since stepping down—but a career expert says it could be a ‘blessing in disguise’

Tripadvisor’s former CEO, Steve Kaufer, has been on the receiving end of radio silence for years. A career expert says there are four ways to make the most of silent rejection.

Fortune

Accenture CEO Julie Sweet learned leadership from her father

The CEO's childhood lesson has also powered Accenture, No. 211 on the Global 500.

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Fortune

Indonesia bets a new sovereign wealth fund will finally unlock its potential

Rosan Roselani, Danatara CEO and ally of president Prabowo Subianto, needs to streamline Indonesia's lumbering state-owned giants.

Fortune

Powell didn’t just refuse to deliver a rate cut—he also hinted a raise might have been on the cards

Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing interest rates.

Fortune

Bill Gates' $645 million superyacht, the first ever to be powered by hydrogen, is for sale. A yachtie calls it 'a modern engineering marvel, period'

The Microsoft cofounder reportedly commissioned the superyacht a few years ago.

Fortune

Warren Buffett’s advice to Brooks CEO: ‘Make sure the brand is stronger at the end of the year than it was at the beginning’

Also: All the news and watercooler chat from Fortune.

Fortune

61% of white collar workers think AI will replace their current role in 3 years—but they're too busy enjoying less stress to worry right now

Fears of AI's takeover are being balanced out by something sweeter: better work-life balance, flexibility, and productivity.

Fortune

AI and robots can help the world grow more food—even if they're still not quite as good as a human farmer

Even "simple advice" from AI can help farmers, argues Feroz Sheikh, Syngenta's chief information and digital officer.

Fortune

Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut

The Fed cited the economy’s resilience as part of its motivation for maintaining rates.

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