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The Latest Breaking News from Fortune

The 45-year decline of the middle class costs you $12,000 a year

Labor compensation as a share of U.S. gross domestic income has fallen to 51.4%, while corporate profits have soared since 1980.

Fortune

Wall Street’s top analyst sees something weird going on with gold and interest rates, and warns inflation is rewriting market logic

“Investors are anxious about the level of returns they get in traditional assets,” Apollo chief economist Torsten Slok told Fortune.

Fortune

Google’s Nobel-winning AI leader sees a ‘renaissance’ ahead—after a 10- or 15-year shakeout

The first battle is science and solving disease, Demis Hassabis told Fortune. Next is the energy crisis, traveling the stars, and exploring the galaxy.

Fortune

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Ex–Google exec says degrees in law and medicine are a waste of time because they take so long to complete that AI will catch up by graduation

“Higher education as we know it is on the verge of becoming obsolete,” the former Google AI leader told Fortune.

Fortune

Two neurosurgeons just raised $25 million betting brain cells can (someday) outcompute silicon

The Biological Computing Co. (TBC) has raised $25 million in seed funding, Fortune has learned.

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Google's AI boss Demis Hassabis has a 4-step plan to return the tech giant to its 'golden era'

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Citadel Securities and Cathie Wood back Zero, a new blockchain designed for traditional finance

LayerZero launches its layer-1 blockchain Zero with partners Intercontinental Exchange and the DTCC.

Fortune

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OpenAI disputes watchdog allegation it violated California's new AI law with GPT-5.3-Codex release

The company’s newest AI model triggered its own “high” risk classification—but critics say OpenAI didn’t follow through on the safety measures it promised.

Fortune

America's new love affair with gambling drives Kalshi to $871 million haul on Super Bowl Sunday

Days before the Super Bowl, Michael Lewis warned that sports gambling is "especially predatory toward young men."

Fortune

In the workforce, AI is having the opposite effect it was supposed to, UC Berkeley researchers warn

Nonstop productivity may come at the cost of rest and work quality, the study found.

Fortune

‘We inherited a very damaged brand’: Red Lobster CEO says the seafood chain could kill more locations and menu items to stay afloat

Damola Adamolekun believes Red Lobster can have the “greatest comeback in the history of the restaurant industry.”

Fortune

Cisco CEO Chuck Robbins says interviews for promotions are ‘stupid’— he cares more about whether your coworkers think you deserve a raise

Forget interview prep—the boss of the $340 billion tech giant Cisco believes employees on track for a promotion must get the approval of their peers.

Fortune

A decade on from his NFL kneeling controversy, Colin Kaepernick has a message for Gen Z: don’t let the fear of backlash silence you

After the 2016 NFL protests reshaped his career, Colin Kaepernick says the advice he’d give his younger self is this: Don’t dilute your voice to keep the peace.

Fortune

America is shorting one of its best assets as the $38 trillion national debt runs out of control

There’s a 59% arbitrage opportunity hiding in plain sight and it has to do with college-educated women.

Fortune

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American Airlines CEO's crisis grows as flight attendant union calls for him to step down

Also: All the news and watercooler chat from Fortune.

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Asia's young, tech-savvy population will power the region's growth: AIIB chief investment officer Kim-See Lim

The Beijing-based multilateral development bank is targeting sustainable infrastructure projects across Southeast Asia, particularly in energy and transit.

Fortune

Panicked about losing GPT-4o, some ChatGPT users are building DIY versions. A psychologist explains why ‘feel-good hormones’ make it hard to let go

A frenzy of devoted GPT-4o fans are begging OpenAI not to pull the plug.

Fortune

The Trump family’s crypto portfolio is getting battered with the rest of the industry—but Melania’s memecoin has fared surprisingly well

A recent collapse in the price of Bitcoin has spurred weakness across the sector.

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Fortune

Self-made billionaire says she could have saved ‘10 years of losses’ if she had learned this skill sooner from playing poker

“You have a lot of self-awareness when you start to play poker,” billionaire Jenny Just says—and it’s a game that even guided the late Charlie Munger.

Fortune

Lyft CEO David Risher is still a driver for the company: It made him realize being even one minute late could cost the customer their job

Being a driver has carried Risher through his entire career: His first job was delivering the Washington Post. He worked under Jeff Bezos at Amazon before his time at Lyft.

Fortune

Meet the 10 Black Fortune 500 CEOs leading companies with over $412 billion in combined revenues

Black CEOs represent just 2% of the largest U.S. corporations.

Fortune

Some health care CEOs are praising TrumpRx for empowering consumers to compare drug prices

Also: All the news and watercooler chat from Fortune.

Fortune

Singapore's ST Engineering debuts the AirFish: A 'ground effect' craft that flies a few meters above the sea at up to 116 miles per hour

The AirFish isn’t quite a boat or a plane. Instead, it harnesses the ground effect to reduce drag as it flies from Singapore to Batam in just 25 minutes.

Fortune

NBA star Metta World Peace says Kobe Bryant taught him that no matter how hard you work, someone else is working harder

No matter how early you start or how many hours you put in, someone is probably already ahead of you. Metta World Peace (formerly Ron Artest) says Kobe Bryant taught him that.

Fortune

Bill Gates is shedding houses that are part of his $132 million Xanadu 2.0 compound—a reversal from his feelings about downsizing

The latest listing goes to show how much of the exclusive hillside neighborhood Gates has acquired during the past three decades.

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