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The Latest Breaking News from Fortune

No 'job apocalypse': Goldman Sachs CEO denies the AI hiring nightmare is real

"Technology has been disrupting jobs, changing the way people work, destroying jobs ... for decades," David Solomon says.

Fortune

A Danish U.S. boycott app increased users 1,400% as Trump resurrected Greenland acquisition at Davos

The Made O’Meter app received 11,000 downloads in January across iOS and Android.

Fortune

AI luminaries at Davos clash over how close human-level intelligence really is

Anthropic’s Dario Amodei says it’s coming soon. DeepMind’s Demis Hassabis and former Meta chief scientist Yann LeCun think it’s a more distant prospect.

Fortune

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Meet the 36-year-old founder of Gen Z stationery brand Papier, who avoids stocks and shares: ‘A financial roller coaster I can’t control’

The 36-year-old Papier boss starts his day at 8 a.m., often in the back of a London taxi. But you won’t catch Taymoor Atighetchi checking his stocks on the way in to work.

Fortune

Trump has granted clemency to several high-profile white-collar fraudsters. Could Elizabeth Holmes be next?

The disgraced Theranos founder has filed a request to commute the six years remaining on her sentence.

Fortune

U.S. oil producers increasingly ‘slighted’ by Trump’s international focus on crude in Venezuela, Greenland, and beyond

Trump’s fixation on hiking oil volumes from OPEC and Venezuela to lower prices at the pump is leaving U.S. oil producers annoyed with weak domestic pricing and drilling activity.

Fortune

Elon Musk makes the case for why his $2.2 trillion tech empire is the only way to save humanity as the only intelligent life in the universe

“If anyone would know if there are aliens among us, it would be me,” Musk said during the World Economic Forum on Thursday.

Fortune

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TradFi firms are increasingly warming to cryptocurrencies, says Bybit CEO Ben Zhou

“If they don't embrace it, they will be obsolete, especially with crypto wallet adoption growing 20 to 30% each year.”

Fortune

How the middle class was hollowed out from 1979 to 2022, according to new federal data

The top 1% saw its share of household income double from 1979 to 2022, going from 9% to 18%, the CBO said. The middle cohort saw the biggest decline.

Fortune

BitGo shares enjoy modest pop on first trading day as crypto IPO parade resumes

The crypto custody firm is valued at over $2 billion.

Fortune

Jamie Dimon tackles Trump on immigration: 'I don't like what I'm seeing … I think we should calm down a little bit on the internal anger'

The JPMorgan Chase CEO even said Trump strikes a different tone in private, agreeing "merit-based" immigration is a good thing.

Fortune

Binance chooses Greece to apply for a critical EU-wide crypto license

The crypto firm has filed for a MiCA license with Greek regulators ahead of a critical summer deadline.

Fortune

Emmanuel Macron's 'Top Gun' aviator glasses in Davos drive obscure Italian stock up nearly 30%

One Maverick-style appearance in Davos by the French president was worth $4 million to an obscure Italian micro-cap stock.

Fortune

Trump’s Greenland gambit followed a familiar playbook—one he wrote himself

Call it TACO or the art of the deal, Trump’s had the same negotiating style for half a century.

Fortune

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AI makes human intelligence more important, not less

For CEOs, building “brain capital” is the key to successful AI transformations. Here’s how.

Fortune

Deloitte to scrap traditional job titles as AI ushers in a ‘modernization’ of the Big Four

The changes at the Big Four consulting firm will apply to all of the company’s U.S. divisions.

Fortune

'Some form of crisis is almost inevitable': The $38 trillion national debt will soon be growing faster than the U.S. economy itself, watchdog warns

"The United States is deeply indebted, and its finances are on an unsustainable long-term trajectory," says the Committee for a Responsible Federal Budget.

Fortune

OpenAI’s former head of sales is entering VC. She still calls herself an ‘AGI sherpa’

After years selling the world on OpenAI’s vision, Aliisa Rosenthal is moving into venture. But she says the job hasn’t changed: helping companies—and people—navigate what AI will really mean for business.

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Fortune

Trump’s AI czar thinks the U.S. is too pessimistic about AI

Trump’s technology czar worries AI dread will equate to a “self-inflicted injury.” He’s also against the California billionaires tax.

Fortune

Elon Musk warns the U.S. could soon be producing more chips than we can turn on. And China doesn’t have the same issue

“The limiting factor for AI deployment is fundamentally electrical power,” Musk said at the World Economic Forum on Thursday.

Fortune

Jamie Dimon is done being ‘binary’: On Trump’s ‘economic disaster’ credit card plan, foreign policy, and NATO

“Since there’s a huge disagreement on this one ... I think we should test it,” Dimon said of Trump’s 10% credit card rate cap.

Fortune

JPMorgan CEO Jamie Dimon says he welcomes government ban on mass-firing people for AI: ‘We’re going to cure a lot of cancers’

As AI threatens jobs, Jamie Dimon joins Elon Musk and Sam Altman on the case for financially supporting workers who are at risk.

Fortune

Despite promises that AI will create more jobs, 1.2 million jobs were actually slashed last year—a grim throwback to losses from the 2008 financial crisis

The tech industry announced 155,000 job cuts in 2025, up 15% from the year before, as the sector implements AI “much more quickly than any other industry.”

Fortune

Michelle Obama clarifies her famous ‘Go high’ motto: It’s not about anger or pain, but more about putting a safety lock on a gun

Having a platform is “like a gun,” Obama said. “Learn how to use it, put the safety lock on.”

Fortune

Startup Cubby is bringing a tech mindset to the wild world of self-storage—and just raised a $63 million Series A

Self-storage is a business that tends to have 30% to 40% profit margins—and is growing rapidly thanks to Gen Z, who rents more than any previous generation.

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