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The Latest Breaking News from Fortune

Trump's unprecedented, potentially unconstitutional deal with Nvidia and AMD, explained: Alexander Hamilton would approve

Nvidia and AMD agreeing to give 15% of their China chips revenue back to the U.S. doesn't recall any deal ever struck by the U.S. government.

Fortune

Trump is deporting so many immigrants that it could cause inflation to hit 4% next year, top economist says

Even conservative Heritage Foundation economist Steven Moore is worried about a labor shortage.

Fortune

These Gen Z and millennial founders dropped out of college, took $200,000 from Peter Thiel, and have now built companies worth over $100 billion

The Thiel fellowship awards $200,000 to young people who skip or leave college to spend two years building a startup, with notable alumni including Figma CEO Dylan Field and Scale AI cofounder Lucy Guo.

Fortune

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‘Godfather of AI’ says tech companies aren’t concerned with the AI endgame. They’re focused on short-term profits instead

“Researchers are interested in solving problems that have their curiosity. It’s not like we start off with the same goal of, what’s the future of humanity going to be?”

Fortune

Days after Intel CEO meets with Trump, the federal government is reportedly negotiating a stake in the chips champion

Trump has called Intel CEO Lip-Bu Tan both “highly conflicted” and possessing “an amazing story.”

Fortune

Code Leak Lifts the Lid on Apple's Massive 2025 Hardware Lineup—What's Hiding in the Strings?

A significant software leak has inadvertently revealed internal identifiers for a wide range of unreleased Apple hardware—spanning iPads, Apple Watches, Vision Pro headsets, HomePod mini, Apple TV, Studio Display 2, and more—indicating a massive and sweeping product refresh headed for late 2025 and into 2026.

International Business Times UK

Trump’s 29-year-old crypto guru Bo Hines is juggling dozens of job offers as he heads to the private sector

Hines left his White House executive director post after starting almost seven months ago—and helping push through a crypto bill.

Fortune

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The new rules for startup hiring

We’re in a new era for startup hiring, six experts told Fortune.

Fortune

AI is gutting the next generation of talent: In tech, job openings for new grads have already been halved

For many new graduates, the first rung of the corporate ladder is getting harder to reach.

Fortune

A 23-year-old CEO convinced his parents to open a custodial account in second grade. He fears meme stocks inflate Gen Z’s dreams of getting rich quick

A recent survey led by his company shows the majority of Gen Zs believes investing is a better way to reach their financial goals than a nine-to-five job, even if they don’t know how it works.

Fortune

How big data and an A-list board turned struggling NYU Langone into a $14 billion hospital powerhouse

CEO Robert Grossman and board chair Ken Langone have turned NYU Langone into a top-performing health system, and multiplied revenue seven-fold.

Fortune

This cybersecurity company's AI hacker can locate files on Nimitz-class aircraft carriers ‘in less than five minutes’

Also: All the news and watercooler chat from Fortune.

Fortune

A Gen Xer sold his company for $1.6 billion. He kept less than $100 million and gave the rest away because he doesn't 'believe in billionaires'

EXCLUSIVE: Brian O’Kelley says he’s capped his wealth to $100 million. The tech founder tells Fortune, billionaires are wasteful, out of touch, and “othered” from real life.

Fortune

AI experts return from China stunned: The U.S. grid is so weak, the race may already be over

China is “set up to hit grand slams,” longtime Chinese energy expert David Fishman told Fortune. “The U.S., at best, can get on base.”

Fortune

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In this economy, even the affluent are a 'more cautious consumer,' Sweetgreen CEO warns. Chipotle and Cava are hurting too

The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman said.

Fortune

Chili’s has poured $105 million into its marketing budget in just 3 years—and sales are sizzling

The casual-restaurant chain saw traffic and sales boosts last quarter.

Fortune

Harvard study reveals airlines padding schedules as long flight delays quadruple since 1990

“It’s kind of a pessimistic story,” Maxwell Tabarrok said.

Fortune

Exclusive: Former Goldman Sachs exec heads to crypto startup founded by former Meta engineers

Mustafa Al Niama was head of the Americas division of Goldman Sachs’ digital assets desk.

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Fortune

BlackRock exec Rick Rieder says this is the ‘best investing environment ever.’ He’s conveniently in the running for next Fed chairman

While Rieder’s dovish stance aligns with President Trump’s, the BlackRock exec’s acknowledgment of tariff-driven inflation may test his appeal at the White House.

Fortune

There’s one small problem with Trump’s export deal with Nvidia and AMD: The Constitution says it’s illegal

Also: All the news and watercooler chat from Fortune.

Fortune

Perfect storm to hit Obamacare: Millions of Americans could see insurance premiums surge 75% in 2026

Surging medical costs, pricey new drugs, and the looming end of enhanced subsidies could push ACA Marketplace premiums to their highest levels in years.

Fortune

Is Perplexity the next Google?

Perplexity's AI web browser, Comet, is mighty impressive, but the company also made an audacious $34.5 billion unsolicited bid to buy Chrome off Google.

Fortune

The gap between higher- and lower-income households is widening as inequality progress since pandemic has ‘gone into reverse,’ BofA economist says

Coming out of the pandemic, Bank of America Institute’s David Tinsley tells Fortune, “there was a narrowing of wealth inequality, and now it’s widening.”

Fortune

Even a 1% mortgage rate drop could be enough to 'unlock' the frozen housing market, Oxford Economics says

A lower rate should be “enough of an incentive” for some homeowners to sell their homes and trade up, opening up inventory.

Fortune

Switzerland warns its companies that no, they can't dodge Trump's tariffs by routing goods through the tiny neighboring country of Liechtenstein

The two neighbors have had a century-long treaty allowing Liechtenstein to share Switzerland’s economic area and engage in free trade.

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