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The Latest Breaking News from Fortune

The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed

Powell actually wears two hats: He is chair of the Fed’s Board of Governors and chair of the Federal Open Market Committee.

Fortune

Google's Sergey Brin admits he's hiring 'tons' of workers without degrees: 'They just figure things out on their own in some weird corner'

Google cofounder Sergey Brin studied graduate computer science at Stanford—but admits Gen Z no longer needs a degree to land a high-paying job at the tech giant.

Fortune

Goldman Sachs top economist says Powell probe won’t change the Fed: 'Decisions are going to be made based on employment and inflation'

President Donald Trump has frequently lambasted the Fed chair for not cutting rates more aggressively.

Fortune

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Jeff Bezos tells Gen Z entrepreneurs to gain work experience before launching new companies: 'I started Amazon when I was 30'

The Amazon founder reminds Gen Z that Mark Zuckerberg and Bill Gates are the exception.

Fortune

How Toll Brothers took the drama out of CEO succession

The Fortune 500 company offers a masterclass in CEO hand-offs.

Fortune

A cautionary Hollywood tale: the Ellisons' lose-lose Paramount positioning

Hollywood history is a trail littered with cautionary tales, and Netflix's Greg Peters and Ted Sarandos have framed a lose-lose coin toss for the Ellisons.

Fortune

Productivity gains fuel U.S. growth while hiring slows

EY Chief Economist Gregory Daco says businesses are generating growth with fewer workers and rising efficiency.

Fortune

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Molson Coors CEO: We're doing our part to solve society's 'occasion problem' – and we’re getting some unexpected help

Actor Christopher Walken is on board for our new Miller Lite campaign because these days, we could all use more “Legendary Moments.”

Fortune

DeFi has earned a seat at the grown-ups table—now comes the hard part

Hyperliquid’s rapid rise poses a test for decentralization.

Fortune

How a Harvard grad helped make Hyperliquid the biggest new player in crypto—with just 11 people and no venture funding

Following the collapse of FTX, Hyperliquid founder Jeff Yan has cut a figure as the anti-SBF.

Fortune

Employees are using 2025 tools while stuck inside 2015 job structures

Employees are using 2025 tools while stuck in 2015 job structures, as less than half of job roles have been updated to reflect AI capabilities

Fortune

Help Fortune find Europe’s Most Innovative Companies 2026

Fortune and Statista have joined forces to spotlight Europe’s Most Innovative Companies – and you’re invited to help find them.

Fortune

Treasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior

The costs were higher because of a larger budget burden, the CBO said, as well as "higher long‐term interest rates and an increase in the rate of inflation."

Fortune

World Liberty Financial’s bid for a U.S. bank charter raises new questions about Trump’s crypto conflicts

World Liberty Financial became the latest crypto company to apply for a banking charter from the Trump administration.

Fortune

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Fortune

‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence

Wall Street analysts are almost universally negative about the news.

Fortune

One reason CEOs tie layoffs to AI? It motivates remaining employees to learn AI

Also: All the news and watercooler chat from Fortune.

Fortune

Malaysia and Indonesia move to ban Musk’s Grok AI over sexually-explicit deepfakes

This week, Malaysia and Indonesia have become the world’s first countries to take action against xAI’s Grok chatbot, which was found to be used to generate fake pornographic content.

Fortune

Stock futures slide while gold and silver jump after Powell investigation raises fears over the Fed's independence

Powell said the investigation rests on “pretexts,” arguing it's retaliation for the Fed’s refusal to follow the Trump's preferences on interest rates.

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Fortune

DOJ probe on Powell draws swift backlash from Congress as key GOP senator says he won't confirm anyone for the Fed until case is resolved

"If there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none."

Fortune

Powell blasts DOJ criminal probe as attack on Fed independence. 'Public service sometimes requires standing firm in the face of threats'

He said in a statement Sunday that the Justice Department served the Fed with grand jury subpoenas, threatening a criminal indictment.

Fortune

Oil prices rise as bloody crackdown on Iran protests suggests Tehran fears a 'dire security threat to the regime' with loyalty of forces in doubt

"There are further indications that the ongoing protests are challenging the ability and willingness of Iranian security forces to crack down on the protests."

Fortune

What global executives need to ask about China in 2026

China presents new challenges—particularly from confident local competitors—but the country still presents offers for disciplined executives.

Fortune

Anthropic rolls out new healthcare and life science features for Claude

Anthropic's rollout of a healthcare product for Claude comes one week after OpenAI announced some similar features for ChatGPT.

Fortune

A Supreme Court ruling that strikes down Trump's tariffs would be the fastest way to revive the stalling job market, top economist says

Trade-exposed industries suffered steep losses last year. The manufacturing sector, for example, has hemorrhaged 70,000 jobs since April.

Fortune

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it again

“It was extremely difficult,” IgniteTech CEO Eric Vaughan tells Fortune. “But changing minds was harder than adding skills.”

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