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The Latest Breaking News from Fortune

The Airbnb IPO was a huge success, but its CEO says it was 'one of the saddest periods' of his life

"You’re connected to your roots, and your roots are the relationships in your past,” Barack Obama advised Chesky.

Fortune

A staggering 84% of Gen Z say they’re delaying milestones to buy a house. There’s 'no single fix' for the affordability crisis, real estate exec says

Other recent data solidifies just how difficult it’s been for younger generations to break into the housing market.

Fortune

Despite some initial skepticism, could Target’s turnaround be right on target?

Is Target on target? Our Yale Chief Executive Leadership Institute analysis of Fortune 500 CEO successions suggests an internal candidate has strong odds.

Fortune

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What UPS’s reinvention reveals about modernizing a nearly 120-year-old company

UPS is rewriting its playbook for the next era of global delivery in an AI-dominant world.

Fortune

Cava’s CFO on sustaining growth and developing future leaders amid consumer strain

The company is keeping prices steady while investing in people, says Tricia Tolivar.

Fortune

AI platform Scribe is a $1.3 billion startup that wants to tell you how to work smarter

Scribe, a workflow AI platform that helps companies document how work gets done and automatically generates step-by-step guides for employees, announced a new $75 million funding round, bringing total funding to $130 million at a $1.3 billion valuation.

Fortune

Is international experience still a must for future CEOs?

Once a ticket to the top, global stints are being redefined in an era of AI, protectionism, and regional markets.

Fortune

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DeFi is creeping into corporate cash flow—’The cat’s out of the bag’

More firms are thinking about parking spare cash in DeFi vaults that offer better yield and easier withdrawals.

Fortune

AirOps raises $40 million Series B at $225 million valuation to rethink marketing in the age of AI

Why Greylock is taking a bet on the future of SEO.

Fortune

Humana CEO is betting on culture change and AI to fuel a turnaround

Also: All the news and watercooler chat from Fortune.

Fortune

The S&P 500 is also in a K-shaped economy, says Apollo, with a widening gap between the winners and losers

Part of the growing divide between the rich and the average worker can also be traced back to where these households derive their wealth—namely, from their exposure to the booming stock market of 2025.

Fortune

From the Peace Corps to the boardroom: Humana CEO Jim Rechtin on listening and leading

In a conversation with Fortune, Rechtin said the health-insurance giant that primarily serves seniors is "not where we want to be."

Fortune

DBS rolls out Gen AI chatbot, as Southeast Asia’s largest bank incorporates AI in its workflow

The bank currently uses AI to handle tasks like fraud detection, algorithmic credit-scoring and employee training.

Fortune

Dow futures rise as enough Democrats join Republicans to end the shutdown and 'surrender' on ACA subsidies

The breakthrough comes as Transportation Secretary Scott Duffy has issued dire warnings about air travel ahead of Thanksgiving.

Fortune

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Fortune

These GOP states would suffer the biggest blows if Affordable Care Act subsidies expire, analysts say

"While a relatively small share of the national population gets their coverage through the ACA Marketplaces, in some districts, the number of ACA enrollees could be enough to swing a close election."

Fortune

Trump promises a $2,000 tariff 'dividend' that Treasury secretary says could come via tax cuts already signed into law

"The $2,000 dividend could come in lots of forms, in lots of ways," Bessent said.

Fortune

Transportation chief rules out air travel for many Americans this Thanksgiving unless shutdown ends as flights are 'reduced to a trickle'

"Listen, many of them are not going to be able to get on an airplane, because there are not going to be that many flights that fly unless this thing doesn't open back up."

Fortune

Move over, 30-year mortgage. The Trump White House is working on a 50-year option to break the housing market gridlock

FHFA Director Bill Pulte confirmed Saturday, “We are indeed working on The 50-year Mortgage – a complete game changer."

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Fortune

Power, love and paychecks: 30 years of data from Finland reveals the dangers of dating your boss

Starting an office romance has its perks, but breaking up brings a steep price. The subordinate’s earnings fall by an average of 18%.

Fortune

Despite shortfalls, America’s retirement picture can improve

Vanguard finds roughly two in five Americans are on track to meet retirement spending needs, but there is typically a $5,000 annual spending shortfall.

Fortune

This CEO started his career pumping gas and cleaning windshields. He said it taught him the secret to climbing the ladder without stepping on others

Bojangles CEO José Armario went from pumping gas and flipping McDonald’s burgers to running a $1.5 billion chicken empire—he says remaining disciplined and humble will help Gen Z climb the corporate ladder.

Fortune

After selling his business for $532 million, this millennial says a life of leisure was surprisingly ‘boring’, so he’s choosing to go back to work

EXCLUSIVE: Wingstop UK’s cofounder went from hauling bricks for $5 an hour to building a $532 million business. It sounds like the rags-to-riches dream. But the reality was surprisingly ‘boring’.

Fortune

Goldman Sachs says we’re not in an AI bubble, and its young multimillionaire clientele are all-in on AI-energy investments and healthcare innovations

Goldman Sachs brought together 100 ultra-rich clientele at its annual At the Helm summit—but beyond Navy SEAL training and legacy chats with actress Mindy Kaling, AI was the talk of the town.

Fortune

For Gen Z, quiet luxury is dead—they're packing lunch at home while shelling out on conspicuous consumption

“The Gen Z consumer is highly fashion-engaged, spending slightly more of their budget on fashion.”

Fortune

Billionaire Peter Thiel warns if you 'proletarianize the young people,' don't be surprised they end up communist

"Capitalism is not working for a lot of people in New York City. It’s not working for young people."

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