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The Latest Breaking News from Fortune

Trump’s tariffs have pushed markets to the doorstep of ‘correction territory’ says Wall Street

Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.

Fortune

CEO pay is surging amid a roaring bonus rebound

Bonuses are bouncing back from last year despite flat financial performance as some companies work to keep top talent from fleeing.

Fortune

Larry Summers says there is a real possibility of a recession, which he calls the result of a ‘self-inflicted wound’

President Donald Trump and Treasury Secretary Scott Bessent have suggested an economic downturn on the back of tariffs would be a transition period. Larry Summers, a former Treasury secretary, thinks otherwise.

Fortune

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Barcelona restaurant offers tonic to city's overtourism problem

Global Humanitaria's restaurant is revered by tourists, who leave with more than a full stomach.

Fortune

Kohl's had an even worse quarter than Wall Street expected with net sales plummeting nearly 10% in the aftermath of layoffs and store closures

One retail expert says Kohl’s problems stem from a “lack of identity and muddled strategy.”

Fortune

White House says Trump will make good on promise to 'buy a brand new Tesla' as a show of confidence in Elon Musk

The president said he would buy a Tesla Tuesday morning amid the boycotts of the EV maker.

Fortune

5 truths most Americans believe about successful relationships

Many common relationship adages ring true for Americans.

Fortune

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Crypto.com is suddenly one of the world’s top exchanges. Its competitors can’t figure out how it got there

The exchange says it has risen to the top with superior service, but some are asking about how it is using an internal trading team and market makers.

Fortune

Ritual founder asks Congress to regulate supplement industry

Ritual founder Katerina Schneider is asking Congress to regulate the supplement industry, despite HHS Secretary RFK Jr.'s support for alternative medicine.

Fortune

Former Meta says Mark Zuckerberg worked 'hand in glove' with Beijing

A former Meta director has accused the company of going to extreme lengths to gain access to the Chinese market.

Fortune

Elon Musk admits he's juggling DOGE and his other businesses 'with great difficulty' as Tesla shares tank 54% since December

Elon Musk reassured ruffled Tesla shareholders that the business would be “fine” in the long term as it suffers a boycott—but admits running the company and working on DOGE is a challenge.

Fortune

How the 'Musk premium' influences Tesla's worth

A Fortune analysis examines the company's bedrock value.

Fortune

Exclusive: Cartesia, voice AI startup, raises $64 million Series A

Cartesia has raised a $64 million Series A led by Kleiner Perkins, Fortune has exclusively learned.

Fortune

Fired NIH workers fear bleak job prospects in the private sector because their research is too specific to be retrofitted: 'No VC is going to fund that'

Employees told Fortune finding a job would require them to apply for positions for which they were overqualified or not closely aligned with their years of research.

Fortune

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More than half of millennial and Gen Z couples pick engagement rings with a lab-grown diamond—and it means larger stones aren't the status symbol they used to be

Couples appear to care more about gemstone size and price than sustainability.

Fortune

Influential Floridians are reaping the benefits of Trump’s return to the White House

Lobbyists and politicians with ties to Florida are winning in Trump 2.0.

Fortune

This gastroenterologist says probiotics are 'a waste of money.' Here’s what you should be doing instead

Could probiotics not be the cure for gut health that some claim?

Fortune

The crypto market continues to stumble as Trump declines to rule out potential recession this year

Trump tells Fox News that the country will experience a “period of transition.”

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Fortune

Appeals from fired federal workers have skyrocketed more than 2,100% at one watchdog since Trump and DOGE took charge

The Merit System Protections Board usually receives about 100 cases every week. In the last week of February, it received 2,171.

Fortune

Sir Richard Branson plots end to Eurostar's 30-year monopoly with $900bn Virgin fundraise

Branson's Virgin Group confirmed a mammoth fundraising plan that could see Virgin operate a Eurostar alternative by the end of the decade.

Fortune

DOGE is rolling out an AI chatbot to automate some government tasks

DOGE has rolled out a custom AI-powered chatbot, GSAi, to around 1,500 government workers as it continues to slash the federal workforce, Wired reported.

Fortune

This wunderkind's first startup went bankrupt, leaving $200 million in customer assets frozen. Yet VCs are still throwing money at him

"There's no shame in failing, unless it's catastrophic," says Synapse founder Sankaet Pathak.

Fortune

Boomers are setting up a showdown with millennials, aging in place and plunking down hundreds of thousands on renovating those homes

Millennials need homes, but because of high home prices and mortgage rates, baby boomers have little reason to sell.

Fortune

Why jeweler Kendra Scott is winning affordable luxury and plans to open dozens of stores while others are downsizing

The company grew 20% year-over-year, CEO Tom Nolan told Fortune.

Fortune

Meet the defense giants that will rearm Europe as the EU eyes a massive military buildup

As Europe prepares for a world without American military aid, the E.U. plans to invest €800 billion on defense.

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