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The Latest Breaking News from Fortune

A quarter of Americans now say they need to make at least $150,000 to feel secure—and inflation is largely to blame

Inflation has fueled a need for higher wages, but perceptions have also played a part, say experts.

Fortune

Hinge's CEO says dating isn't something people should leave up to AI

Hinge co-founder and CEO Justin McLeod warned that people shouldn't cede control of their dating lives to technology creators.

Fortune

Lattice CEO: AI will flatten the difference between entry level staff and the C-suite

Also: All the news and watercooler chat from Fortune.

Fortune

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Former CEO sentenced to prison for stock trades in milestone case

A lawyer for ex-Ontrak CEO and executive chairman Terren Peizer called the case a “true miscarriage of justice from the get-go.”

Fortune

Ceasefire between Israel and Iran already being tested as markets bet it will stave off ‘stagflationary shock’

The rapidly unfolding events whipsawed world markets that briefly appeared to have avoided an oil shock and the uncertainty of a wider Middle East conflict.

Fortune

A New Queen Of Green--Hard-Charging Tech Mogul Replaces Taylor Swift As The World's Youngest Self-Made Woman Billionaire

Taylor Swift is the undisputed Queen of Pop, but she was recently bumped out of the top spot on a different list. Scale AI co-founder Lucy Guo has just replaced Swift as the world's youngest self-made female billionaire. According to Forbes, Guo is worth an astonishing $1.3 billion. Guo founded…

Benzinga

Gen Z's job ladder isn’t breaking because of AI—but it’s evolving, says LinkedIn COO

LinkedIn COO Dan Shapero told Fortune in Cannes: “Navigating the transition to an AI economy is probably going to be the issue of the next decade."

Fortune

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As Trump floats regime change to ‘Make Iran Great Again’, Deutsche Bank warns Europe has drawn the short straw in escalating conflict

Europe may have drawn the economic short straw after the U.S. intervened in Middle East tensions, while JPMorgan warns the volatility may be set to last.

Fortune

How a dental hygienist from the Midwest became a Fortune 500 CEO

Terry Rasmussen’s path to CEO of Thrivent Financial is anything but traditional.

Fortune

A 1-day class early in this CEO's career made him 'maniacal' about time management—and freed him up to coach baseball

“It was a game changer for me,” said Ryder System CEO and chairman Robert Sanchez.

Fortune

Booz Allen Hamilton CEO: ‘It’s good to have options in dealing with Iran’

Also: All the news and watercooler chat from Fortune.

Fortune

Inside the rise of Alexandr Wang and Meta’s $14 billion bet that the MIT dropout will help bring AI supremacy

Wang turned Scale AI into a vital piece of the AI revolution, and briefly claimed the title of youngest self-made billionaire in the process. Now Meta’s Mark Zuckerberg is paying up to bring him in-house.

Fortune

Wealthy business-owning Trumpers are clashing with MAGA purists over who should get deported

President Donald Trump’s promise to deport a record number of people is running into economic reality: Many have critical jobs in the food chain.

Fortune

This millennial was rejected from 200 jobs—now he makes millions charging wealthy families six-figures to get their kids into the Ivy Leagues

Meet the millennial admissions consultant charging up to $750,000 to help students get into Harvard, Stanford, and MIT.

Fortune

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news in one place.

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Fortune

Scale AI’s 30-year-old billionaire has a warning for anyone who craves work-life balance: ‘maybe you're not in the right work’

What if instead of walking out on jobs that don’t provide work-life balance, Gen Z and millennial workers should leave the jobs that make them crave it instead? That's what Lucy Guo, the youngest self-made female billionaire, advices.

Fortune

Why Volkswagen is convinced Waymo and Tesla are vulnerable in the $500 billion robotaxi race — 'not a winner take all market'

Instead of Big Tech's approach of competing against existing transportation providers, Volkswagen aims to work alongside them as a partner.

Fortune

Fed governor breaks ranks and says rate cuts could resume next month to prevent further cracks in the job market

“If you’re starting to worry about the downside risk to the labor market, move now, don’t wait,” Waller told CNBC.

Fortune

Modelo Especial soared to be the #1 beer in America. Then came Trump's immigration crackdowns

Constellation Brands, which distributes beers including Modelo, Corona and Pacifico, has surfed a wave of spending by Hispanic customers in recent years.

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news in one place.

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Fortune

Exclusive: From Valentine's Day strawberries to college printers—These are America's most-purchased items on Amazon Prime

Your Amazon purchases may seem like a random jumble, but are actually likely to fall into wider societal patterns—or the "rhythm of life" as Prime VP Jamil Ghani describes it.

Latin Times

Facing Frequent ICE Raids, Home Depot Formalizes Employee Response Plan Including Paid Time Off for Disturbed Workers

Home Depot has issued formal guidance for employees on how to respond to federal immigration enforcement actions.

Fortune

Billionaire Telegram founder leaves his $14 billion fortune to the 100+ children he’s fathered—which means $132 million for each lucky Gen Alpha kid

Thanks to tech tycoon Pavel Durov’s new will, over 100 Gen Alpha kids are set to one day become overnight millionaires—and they may not even know it.

Fortune

OpenAI CEO Sam Altman says AI can rival someone with a PhD—just weeks after saying it's ready for entry-level jobs. So what's left for grads?

As Amazon, OpenAI and Anthropic bosses warn, entry-level corporate jobs are about to get cut, experts say Gen Z don’t need to panic—yet.

Fortune

25-year-old who delivered donuts to Silicon Valley bosses with his resume hidden inside is going viral—as millions of unemployed Gen Zers are desperate for job-hunting hacks

With millions of Gen Zers unemployed and AI killing entry-level jobs, one creative resume hack from 2016 is going viral again.

Fortune

Wall Street reports 65% chance that U.S. will intervene in Iran. Goldman Sachs says OPEC will be key buffer in oil volatility

Goldman Sachs said markets are estimating a 65% likelihood of the U.S. intervening in the Middle East, though added there’s a 50% chance of a deal being reached this year.

Fortune

AI systems are unlikely to make the scientific discoveries some leading labs are hoping for, Hugging Face’s top scientist says

Hugging Face cofounder Thomas Wolf is pouring cold water on hopes that current AI systems could revolutionize scientific progress.

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