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The Latest Breaking News from Fortune

Trump's law of the jungle means U.S. trade deals aren't worth the paper they're printed on, trade expert warns

Without a means of enforcing bilateral trade agreements, Trump could simply change the terms of any deal down the road. The answer is to kick the U.S. out of the World Trade Organization, argues professor Kristen Hopewell.

Fortune

Gen Z men are still obsessed with Pokémon cards—using 'boy math' to argue that they'll beat Nvidia stock and the S&P 500. But there's a catch

Pokémon and sports cards may be outpacing the stock market on paper, but while some collectors are cashing in—others are going broke.

Fortune

Crypto and stablecoin infrastructure startup Zerohash to raise $100 million at an almost $1 billion valuation

The company is the latest beneficiary of venture capital’s booming interest in stablecoins.

Fortune

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As tech CEOs predict AI will replace humans in just 5 years, this Fortune 500 boss says taking the focus off real people is a ‘recipe for failure’

As tech giants lay off thousands of workers to make way for AI, the CEO of the $8 billion food giant, Ingredion, says the secret for success remains in the people.

Fortune

Trump is ‘extremely troubled’ by Fed’s approach, according to new letter, but bank official stands firm on independence

In a response to Fortune, Federal Reserve Bank of St. Louis president Alberto Musalem defended the Fed’s autonomy, citing global evidence that independent central banks deliver stronger inflation and employment outcomes.

Fortune

Tesla’s rule-breaking board expressing ‘almost a contempt for lawful and accepted procedure’, says governance expert

Tesla's AGM will occur four months later than required—not good enough, says Charles Elson: "The law has to be equally and neutrally applied. There aren’t special exceptions."

Fortune

The unlikely rise of Karyn Tomlinson, who traveled to France in her 20s to learn how to cook and just won the culinary world's most prestigious award

At age 32, she moved to northern Sweden to apprentice at a mythic institution with 2 Michelin stars.

Fortune

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Over 30 million homeowners don't have a mortgage right now. Here's why that's a big warning sign about the housing market

Homeowners also aren’t borrowing against their homes because interest rates are too high.

Fortune

Jamie Dimon says Trump was 'right to chicken out' on tariffs but markets are getting too complacent

Jamie Dimon warns markets are growing complacent on Trump’s tariff threats, as UBS's Paul Donovan flags a paradox fueling investor overconfidence.

Fortune

We may never hear Linda Yaccarino’s side of the X story: ‘There’s always a nondisclosure where you can’t set the story straight’

Also: All the news and watercooler chat from Fortune.

Fortune

Elon Musk’s Tesla finally sets a shareholder meeting date amid doubts about his long-denied $56 billion pay package

New York City Comptroller Brad Lander told Fortune the announcement was a “welcome, if belated, recognition that the rule of law applies to everyone—even the world’s richest man and his company.”

Fortune

Tech CEO Garry Tan slams college entrepreneurship programs for 'teaching you to lie'—he warns Gen Z students that it could land them in jail

Y Combinator boss Garry Tan warns against the “dangerous” embrace of Sam Bankman-Fried and Elizabeth Holmes by some education programs.

Fortune

The Gen Z glossary for millenial and Gen X managers

It won’t be long until Gen X managers feel left out of watercooler chats with their twentysomething-year-old workers.

Fortune

Did Linda Yaccarino have real power at X?

The former NBCUniversal exec is leaving after two years, following Musk's sale of X to his own company xAI.

Fortune

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Fortune

Exclusive: Stablecoin startup Agora raises $50 million Series A led by crypto VC giant Paradigm

Agora is run by Nick van Eck, son of asset management veteran Jan van Eck.

Fortune

The SEC opened the ‘floodgates’ for crypto ETFs, experts say, marking a new era for the industry

Experts tell Fortune they expect more ETFs tied crypto products like Solana, Ripple’s XRP, and potentially even Trump’s memecoin, to launch

Fortune

What it takes to be wealthy in America: $2.3 million, Charles Schwab says

Survey respondents said it feels like it takes more money to feel wealthy today compared to last year.

Fortune

Inside Home Depot’s $4.3 billion pivot toward the professional trade

Also: All the news and watercooler chat from Fortune.

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Fortune

Apple’s AI efforts ‘have struck midnight,’ and the only way it can stop getting further behind is acquiring Perplexity, analyst Dan Ives says

Ives said, gone are the days when Apple could build a superior product in-house.

Fortune

Linda Yaccarino is just the latest of at least 15 senior leaders who have departed Elon Musk’s business empire in the past year

Omead Afshar, Milan Kovac, and Dave Heinzinger have all recently stepped away from Musk-owned companies.

Fortune

Business titans are plowing millions into Mayor Eric Adams’s reelection campaign efforts

The surprise success of Zohran Mamdani’s campaign has some business leaders backing his opponent—and directing their millions to his campaign.

Fortune

Linda Yaccarino becomes ex-X CEO one day after Grok spouts antisemitic rant

In 2023, just months after Yaccarino first joined X, she was facing an advertiser exodus over the platform's lax standards toward anti-Semitism.

Fortune

CoreWeave’s $9 billion acquisition of Core Scientific provides an AI road map for struggling Bitcoin miners

CoreWeave was once all in on crypto. Now the AI company has helped another crypto miner pivot.

Fortune

Who is the mystery woman raking in the White House’s highest salary?

“She is a dedicated public servant and plays a critical role in the Trump Administration’s success” on immigration issues, the White House said.

Fortune

Gen Alpha may never have to write a résumé: Over 75% of employers are now using personality and skills tests in hiring

About 80% of the Fortune 500 use personality tests, with more than 80 million Americans completing an employment-related quiz every year—companies like Olive Garden and FedEx are already on the bandwagon.

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