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The Latest Breaking News from Fortune

Palantir CEO Alex Karp says this type of prestigious college grad is doomed. People with expert knowledge will ‘make a lot more money'

The leader of the $439 billion tech company says those with niche knowledge will make “a lot more money” than Ivy League graduates with general expertise.

Fortune

No, you probably aren't wealthier as a ‘double-income, no kids’ DINK. The married couples are better off, Pew finds

They may flaunt their disposable income online, but the DINK life is a poorer one. Housing wealth plays a big part.

Fortune

MacKenzie Scott makes more 'life-changing,' record-breaking gifts to historically Black colleges and universities—totaling more than $400 million

These donations come on the heels of other major donations from Scott to HBCUs this fall.

Fortune

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Self-made millionaire Barbara Corcoran reveals her ‘golden rule’ of real estate investing

The “Shark Tank” star with a $100 million net worth says paying 20% down is key—and explains why.

Fortune

In just 15 years, the average U.S. homebuyer went from 39 to 59 years old: Top analyst reveals how the housing market has warped in one generation

The first-time homebuyer just hit 40 years old for the first time ever, but the average homebuyer is nearly a senior citizen.

Fortune

BofA cites 'favorable protein economics' in the chicken restaurant segment with the race afoot to corner the $67 billion market

Analysts Sara Senatore and Isaiah Austin also highlighted "menu versatility," as chicken lends itself to both quick-service restaurants and fast casual.

Fortune

Stay-at-home dads are on the rise, but they're not necessarily doing it to look after their kids

About 2.1 million dads in America are choosing to stay at home with the kids instead of chase a career, up from 1.1 million in 1989.

Fortune

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Public just bought a crypto retirement offering for $65 million

The deal will make the brokerage the first to offer a wide range of crypto assets for retirement accounts.

Fortune

AI requires a rethink of the apprenticeship model for knowledge professionals

Without a new approach to entry-level training for lawyers, accountants and other knowledge workers, we’re risking the future of these crucial professions.

Fortune

Is Gen Z the financial anxiety generation?

The answer is more nuanced than you think—and it's reshaping the entire financial services industry.

Fortune

'We are guilty of spending our rainy-day fund in sunny weather': Top economists unite to urge action on $38 trillion national debt

"The day will come when the boiling water finally kills the frog," an essay published by the Peter G. Petersen Foundation said.

Fortune

Circle CFO on leading the blockchain 'megatrend' transforming finance

The disruption is comparable to the internet’s evolution in the mid-1990s, says Jeremy Fox-Geen.

Fortune

Kim Kardashian’s Skims draws $5 billion valuation in reminder that, for the best consumer companies, there’s always a market

Kim Kardashian’s Skims is now valued at $5 billion, in what’s been an underrated year in consumer.

Fortune

Record U.S. government shutdown is over—but Wall Street only has 10 weeks to relax before the next one could begin

U.S. government shutdown ends after 43 days, but markets brace for another funding fight as investors weigh lost data and Fed uncertainty.

Fortune

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The CEO of $2.2 billion AI company Turing can’t live without ChatGPT, swears by his Kindle, and has only taken 2 weeks of vacation in 7 years

Turing cofounder and CEO Jonathan Siddharth loves his VR headset, F1 video games, and Oura ring, but says the greatest investment is “creating memories and experiences that give you perspective and keep you grounded.”

Fortune

Russia's first AI-powered robot walked on stage to triumphant music, took a few steps, and then immediately faceplanted

AIdol has some work to do before it can catch up to its western competition.

Fortune

New Cash App features let users send and receive stablecoins, pay merchants in Bitcoin

Dorsey, who also cofounded Twitter, has long been a Bitcoin devotee.

Fortune

Hilton's CEO focused on rebuilding the hotel giant's culture. Now its staff turnover is about half the industry rate

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Fortune

Can Europe’s financial markets fuel an industrial revival?

To remain competitive, “and to win”, Europe has to “think big and act as one.”

Fortune

Cloudflare CEO says Google is abusing its monopoly in search to feed its AI

“Google is using a dominant position that they have in search to leverage their way into AI," Matthew Prince says.

Fortune

'The tariffs are a big tax increase': Top bank crunches the numbers on how much Americans are paying for Trump's trade regime

"A decent chunk of the economy is in recession," according to UBS economists.

Fortune

When will I know if my flight is canceled? Here’s what to expect as delays ripple across U.S. airports

Things will return to normal, eventually, but in time for Thanksgiving travel? That's not a given at this point.

Fortune

Circle shares slump after Q3 earnings despite big jump in revenue

Investors appeared concerned over declining interest rates and rising expenses at the stablecoin giant.

Fortune

Gen Z, iced out from traditional white-collar jobs, is increasingly turning to nanny work for rich people—and nabbing 6-figure salaries in the process

High-net-worth nannies are becoming a new career path for young job seekers disillusioned by the corporate grind.

Fortune

JLL Global CEO Christian Ulbrich: There is no 'silver bullet' NYC mayor-elect Zohran Mamdani can shoot to make the city affordable again

"We are very open, if our advice is asked, to help the new mayor," Ulbrich told Fortune.

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