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The Latest Breaking News from Fortune

Bessent accuses Carney of ‘virtue signaling’ after his big speech at Davos, with divorce between Canada and America in the air

“In my investment career, I’ve seen what happens when a technocrat tries to pivot and become a politician—never really works out well.”

Fortune

Struggling to remain relevant during the AI watercooler chat? Talk about your latest ‘new collar’ hire

LinkedIn’s Sue Duke says the AI-driven economy is already creating jobs and skills we’ve never seen before.

Fortune

Sergey Brin makes his biggest donation ever to tackle California’s housing crisis, weeks after moving to the Nevada side of Lake Tahoe

Weeks ago, the Google cofounder moved to a $42 million mansion on the Nevada side of Lake Tahoe. But he’s concerned about housing across the border.

Fortune

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OpenAI CEO Sam Altman opts to text in lowercase—but Gen Z shouldn’t copy him if they want a shot at starting their career, experts say

Typing like ChatGPT boss Sam Altman might be cool online—but the habit could hurt Gen Z’s chances at jumpstarting their careers.

Fortune

Inspired by Steve Jobs, the owner of NYSE says some successful leaders don’t invent—they just have ‘good taste’ and surround themselves with smart people

The founder and CEO of $98 billion Intercontinental Exchange, Jeffrey Sprecher, says he achieved success through the innovations of others: It’s “much easier to buy somebody else’s hard work and the sacrifice that many others made” than start from scratch.

Fortune

How stroopwafels and saffron tiramisu fit into Starbucks’ plan to get to 40,000 stores around the world

The CEO of its international division doesn’t see anti-U.S. sentiment hurting business.

Fortune

Trump is driving capital out of capitalism

It is time for the investment community to demand that the SEC, the agency created to protect us, restore our fundamental rights.

Fortune

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John Hancock CEO: We all have a role in driving better health outcomes for Americans

I recently testified before the U.S. Congress Joint Economic Committee on improving long-term health outcomes and reducing healthcare costs.

Fortune

The real promise of AI isn’t fewer jobs, it's cheaper thinking

I founded one company that sold for $1.5 billion, and another with $150 million in funding, and I see the AI ROI debate as a leadership failure.

Fortune

Jerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted

Gold is up 84% year over year, and silver by a stunning 245%, but the Fed chair is looking elsewhere.

Fortune

The midlife crisis is only getting worse in the U.S.

Around the world, the middle-aged seem to be doing quite well. It’s a different story in the U.S.

Fortune

Escape Velocity raises a $62 million fund to bet on ‘DePIN’ crypto networks for telescopes, solar energy, and more

The venture firm’s backers include founders of the VC firms Andreessen Horowitz and Ribbit Capital, as well as the fund of funds Cendana.

Fortune

ADM settles accounting scandal—can AI help prevent the next one?

ADM’s $40 million SEC settlement over its nutrition segment highlights why ultimate accountability still rests with CFOs.

Fortune

Get used to the K-shaped economy. It’s likely here until 2035, thanks to AI’s outsize benefit for the wealthy

“Eventually, it might bring things together, but in the meantime ... it’s unlikely that AI helps at all with the K-shaped economy,” Innes McFee, CEO of Oxford Economics, tells Fortune in an exclusive interview.

Fortune

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Fortune

The $600 billion wave of AI ‘capex’ growth boosting stocks is about to slow down, analysts warn

“It’s an AI arms race,” Wells Fargo warns.

Fortune

Inside the race to build data centers

In a recent feature, my colleague Sharon Goldman flew out to Arizona to Hassayampa Ranch, where a $51 million data center deal is in the works.

Fortune

Record-high utility rate hike requests of $31 billion nationwide in 2025 trigger rising electric bill spikes and public outcry

This year promises new scrutiny for justifying rate hikes and pressuring hyperscalers to cover their own power generation costs.

Fortune

A once-unthinkable C-suite appointment solidifies Walmart's new identity as a tech company

Also: All the news and watercooler chat from Fortune.

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Job clingers, beware: Research shows you’re more likely to regret staying in a bad job than quitting it

For anyone clinging to a job they hate, here’s a wake-up call: You’re statistically more likely to regret staying put than walking away.

Fortune

California billionaires’ revolt over a wealth tax is ‘nonsense,’ architect says: A 1% annual tax won’t doom anyone’s business

UC Berkeley professor Brian Galle told Fortune he’s an “enthusiastic capitalist” and his tax ideas have nothing to do with harming the U.S. economy.

Fortune

Bonds 101: What investors need to know about the 'shock absorber of the portfolio'

Many investors ignore them, but bonds can help protect your assets when stock prices tank.

Fortune

Amazon is closing its futuristic Go and Fresh stores—showing logistics and tech aren’t enough to make old-school retail work

The e-commerce giant seems unable to nail the brick-and-mortar shopping experience.

Fortune

Tesla reveals $2 billion investment in Elon Musk’s xAI and officially kills the Model S and Model X

Tesla also scrapped its mission to “accelerate the transition to sustainable energy,” replacing it with a new goal of building “a world of amazing abundance.”

Fortune

Microsoft demand backlog doubles to $625 billion thanks to OpenAI, but hefty spending and slower revenue growth spook investors

Future revenues in the form of RPO rose 110% on the back of a $250 billion commitment from OpenAI, but Azure growth slowed to 39% in the second quarter.

Fortune

JPMorgan, BofA will match the $1,000 'Trump Accounts' for employees' children. Here's how to open an account

"By matching this contribution, we’re making it easier for them to start saving early, invest wisely, and plan for their family’s financial future," Jamie Dimon said.

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