Cisco's John Chambers lived through the dot-com crash. He says the AI bubble is harder to navigate Also: All the news and watercooler chat from Fortune. Fortune · Apr 20
Exclusive: Your delivery robot will now offer the blind real-time, on-the-ground eyes around sidewalk hazards Coco Robotics is partnering with BlindSquare, the world’s most popular GPS app for the blind, to turn data from delivery robots into spoken alerts. Fortune · Apr 20
The director of the Congressional Budget Office—known for its gloomy national debt data—is very optimistic that a crisis will be avoided entirely “Making progress to address the fiscal trajectory would be a positive for the U.S. economy,” Swagel said. “We can’t go on [with] the scolding narrative.” Fortune · Apr 20
Gen Z is 'Chinamaxxing'—and it's less a love letter to Beijing than an indictment of America A viral TikTok trend is handing Beijing a cultural moment that decades of propaganda never could. Are we entering the Chinese century? Fortune · Apr 19
The economist who was terrified of AI just found a rare reason for hope Alex Imas spent years warning AI could collapse labor markets and crater demand. But he's been working on a new theory about what could go right. Fortune · Apr 19
The one metric Warren Buffett says can crash the stock market just hit a dizzying new high The “Buffett Indicator” has been a closely watched stock market valuation gauge ever since the legendary investor explained his reasoning in a 2001 article in Fortune. Fortune · Apr 19
Pope Leo XIV Just Slammed Elon Musk: 'We're in Big Trouble' If He Hits $1 Trillion - But Why? Pope Leo XIV has warned that Elon Musk's potential trillionaire status highlights a moral distortion in the economy, emphasising the growing wealth gap and questioning societal values. International Business Times UK · Apr 18
Zillow's CEO says his friends were shocked when he quit a cushy Microsoft job—but Steve Jobs led to his success at the $10.5 billion real estate firm Zillow CEO Jeremy Wacksman left his cushy Microsoft job in 2009 to join the struggling real estate startup during the housing crisis. His friends had concerns—but he turned it around, thanks in part to Steve Jobs. Fortune · Apr 18
This founder was an AI layoff 9 months ago. Then he built an instantly profitable company with 2 partners and 12 agents "We launched 2.5 months ago, and right now, we have $300,000 in ARR." Fortune · Apr 18
From drought to demand: Biotech IPOs roar back with Kailera and Alamar Strong demand for GLP-1 drugs and next-gen diagnostic testing is pulling investors back into life sciences, even as AI soaks up most venture dollars. Fortune · Apr 18
Trump's big housing market solution is dead on arrival, UBS says—its model is Texas from 25 years ago "There isn't a magic wand that will all of a sudden return housing affordability to its historic average tomorrow," ResiClub's Lance Lambert told Fortune. Fortune · Apr 18
'We should absolutely be concerned about non-college-educated men today': higher rents, living at home, falling out of the labor market “Very real economic forces” are “limiting the options for noncollege-educated men,” said Gabrielle Penrose of the American Institute for Boys and Men. Fortune · Apr 18
United CEO Scott Kirby and American CEO Robert Isom were once colleagues known as ‘the dream team.’ Now Kirby wants to acquire his rival The dueling CEOs of United and American have a long history of circling each other in the industry. Fortune · Apr 18
Something is different about Trump's $1 trillion war on Iran and its stress on the national debt, Harvard Kennedy scholar says During the wars in Iraq and Afghanistan, debt held by the public was around $4 trillion. Now it's $31 trillion, and 15% of the budget pays down interest. Fortune · Apr 17
Fortune · Apr 17 The power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverage With unemployment at 4.3% and quits near a multiyear low, employees are absorbing cuts they would have walked out on three years ago.
Fortune · Apr 17 Illinois is OpenAI and Anthropic’s latest battleground as state tries to assess liability for catastrophes caused by AI OpenAI is backing SB 3444, under which frontier AI developers would not be liable for the death or serious injury of 100 or more people or more than $1 billion in property damage.
Fortune · Apr 17 If the economy feels even worse for you than inflation data is showing, that might be because childcare isn’t deemed a ‘necessity’ “The cost of childcare obviously impacts labor force decisions, and that in turn impacts labor growth as a whole,” a BofA economist tells Fortune.
Fortune · Apr 17 The startup Blackstone just backed to turn any exec’s data question into instant answers Ethan Ding cofounded TextQL in 2022 with Mark Hay, and the startup just closed $17 million in strategic investment led by Blackstone.
Fortune · Apr 17 The first wave of bank earnings shows why 'resilience' is Wall Street's favorite word Also: All the news and watercooler chat from Fortune.
Fortune · Apr 17 Poppi’s cofounder pitched her startup on Shark Tank while 9 months pregnant and landed a $400,000 deal—now it's worth $2 billion Poppi cofounder Allison Ellsworth’s 2018 Shark Tank pitch helped catapult the brand into beverage fame.
Fortune · Apr 17 Teen boys are choosing AI girlfriends over real ones for 'maximum control, zero rejection'—experts say it could make them unemployable Gen Alpha boys are dating AI chatbots for connection—but opting out of real relationships could kill their social skills and career prospects.
Fortune · Apr 17 A United American merger is by no means impossible given the president 'loves big deals' Answering five key questions about a blockbuster deal.
Fortune · Apr 16 Meet Joe McCann: The high-flying crypto trader held in Tanzania after sudden death of his influencer fiancée Ashly Robinson Almost two months after he was detained, McCann said that he was allowed to leave Tanzania once authorities confirmed that Robinson died by suicide.
Fortune · Apr 16 China has ‘nearly erased’ America’s lead in AI—and the flow of tech experts moving to the U.S. is slowing to a trickle, Stanford report says The U.S.’s $286 billion in private AI investment far exceeds China’s, but America is seeing its lead shrink in performance and talent.
Fortune · Apr 16 Self-made millionaire behind $5 billion Skims Emma Grede says it all began with a cold call to Kris Jenner: Emma Grede—the self-made millionaire behind the $5 billion Skims empire—says it all began with an audacious cold call to Kris Jenner: ‘The difference between me and someone else is, I made it happen’ Emma Grede runs multiple businesses with the Kardashians. In an exclusive interview with Fortune, she reveals that empire can all be traced back to one phone call she made to Kris Jenner that changed everything.