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The Latest Breaking News from Fortune

How DeepSeek erased Silicon Valley's AI lead and wiped $1 trillion from U.S. markets

Wall Street and Silicon Valley crowed that China would always be years behind the U.S. Here's why they were wrong.

Fortune

Dow futures drop as report says White House mulls global tariff of up to 20% on nearly all trading partners

Over the weekend, reports said Trump has pushed his advisors to get more aggressive on tariffs, including higher rates on a wider set of nations.

Fortune

Companies are dropping their earnings forecasts as consumer confidence about the future reaches 12-year low

The Conference Board’s expectations index sits significantly below the threshold that tends to indicate an upcoming recession.

Fortune

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The world is asking what an American promise is worth now. The answer could determine the dollar’s future

A top economist and currency scholar said: “The dollar’s global role will suffer if the U.S. is perceived as turning its back on its allies.”

Fortune

1 in 8 Americans take this medication linked to increased risk of sudden cardiac death

New research links antidepressants to potential heart health risks.

Fortune

The winner from auto tariffs is 'no one' as 'pure chaos' will reign over the industry, analysts say

Elon Musk’s Tesla would not be immune to the tariffs, the analysts said.

Fortune

Soaring U.S. debt may start to overwhelm America’s ‘exorbitant privilege’

Moody’s added to the growing list of U.S. debt warnings in a report that sounded the alarm on the deteriorating fiscal situation.

Fortune

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After the devastating LA wildfires, KB Home unveils a ‘fire-resilient’ community just outside San Diego—and a third of the homes have already sold

The homes have fire-rated roofs, noncombustible gutters, and buffer zones.

Fortune

Overnight multimillionaire and Beast Games winner says MrBeast taught him when it's okay to lose millions on your passion project

Despite Beast Games losing “tens of millions” of dollars, the game’s $10 million winner says MrBeast’s dedication is inspiring.

Fortune

Gen Z and young millennials are so terrified of layoffs and the spiralling economy they’re copying Steve Jobs and adopting a work uniform

After getting fired for dressing inappropriately, young workers are now ditching the crop tops and “office siren” looks in exchange for a Steve Jobs–style uniform.

Fortune

Trump says auto tariffs are permanent and doesn’t care if they cause carmakers to hike prices—‘I hope they raise their prices’

“I couldn’t care less. I hope they raise their prices, because if they do, people are gonna buy American-made cars. We have plenty,” Trump said.

Fortune

Some US oil executives see disaster in Trump's agenda while dismissing 'drill, baby, drill' as a 'myth and populist rallying cry'

"Energy markets are not exempt from the loss of public faith in all markets," one executive said.

Fortune

Trump seeks even more aggressive tariffs to fundamentally transform US economy and eyes a single universal duty, report says

Intense discussions are ongoing ahead of April 2, which Trump has billed as "Liberation Day," when his next batch of tariffs will be unveiled.

Fortune

The ‘competition going on for supremacy’ between China and the U.S. may create benefits, says International Chamber of Commerce secretary general

"China has made and is making some huge, highly risky macroeconomic bets in order to drive what they see is this techno-driven industrial revolution that they want."

Fortune

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Fortune

Social Security employee warns 'people could be out of benefits for months' as staffers who fix payment glitches exit

“We will have cases that get stuck, and they’re not going to be able to get fixed.”

Fortune

The housing market now has more ‘downside risks’: layoffs from DOGE and the trade war

A week of back-to-back housing data revealed a tiny boost in sales and modest improvement where home prices and mortgage rates are concerned. But don’t be fooled, housing is still unaffordable for many.

Fortune

How Joann Fabrics went from a cult-favorite retail darling to a bankruptcy disaster

Generational spending shifts, a leveraged buyout, and a post-pandemic whiff have all contributed to the death of a beloved American institution.

Fortune

The 'menopause penalty': Many women in midlife see a drop in wages, new study finds

A new study asserts that women experience a drop in earnings at the end of their child-bearing years.

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Fortune

The top 6 exercises this strength coach thinks everyone should do to stay fit

These foundational movements are essential to keep you strong and stable.

Fortune

Wall Street changes its tune on China as DeepSeek and policy hopes win back investors: 'Confidence does feel like it's returned'

“Absolutely [China] is investable,” said Jenny Johnson, CEO of Franklin Templeton, in Hong Kong on Thursday.

Fortune

The CEO of CoreWeave explains why they went public—And why they scaled back their initial offer

The much-anticipated debut is being seen as a litmus test for other AI companies.

Fortune

Why CoreWeave's lackluster IPO doesn't tell us much about business enthusiasm for AI

The company's debt-fueled business model make it a poor proxy for gauging AI enthusiasm more broadly.

Fortune

CoreWeave’s IPO disappoints in opening hours—but many buzzy tech IPOs remain in the pipeline

Shares in AI cloud provider CoreWeave started trading on Friday after what turned out to be a rocky IPO.

Fortune

Jury rules startup founder Charlie Javice guilty of defrauding JPMorgan Chase

Javice deceived the bank about how many customers her startup had. She will be sentenced in coming weeks.

Fortune

Warned car tariffs will cost Americans $100 billion, Trump White House won’t budge—‘We must become a manufacturing powerhouse’

The Trump administration argues tariffs will help it rebuild an industrial base the U.S. squandered over decades through the wrong trade policies.

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