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The Latest Breaking News from Fortune

Why is Washington acting like the U.S. is in a recession?

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.

Fortune

Ray Dalio says America is developing a ‘dependency’ on its top 1% of workers, while the bottom 60% are struggling and unproductive

“I think the issue is very much that you can’t look at the U.S. as a whole nowadays,” the Bridgewater Associates founder said at the Fortune Global Forum in Riyadh on Monday.

Fortune

Barclays reenters Saudi Arabia 11 years after exiting business

Investment Minister Khalid Al-Falih said at the Fortune Global Forum: “People have seen that the kingdom is a long-term partner. We’re not transactional.”

Fortune

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Dow futures jump 300 points as U.S.-China trade war heads for ceasefire while Wall Street eyes another Fed rate cut and earnings from AI giants

Meta, Microsoft and Google parent Alphabet report on Wednesday, while Apple and Amazon report on Thursday.

Fortune

What Saudi Arabia and Bangladesh can teach Silicon Valley

With aging populations in many leading economies, these countries see an opening.

Fortune

Bessent calls anti-tariff Reagan ad 'psy-ops' and says the U.S. rescue of Argentina still counts as 'America first' because it helps an ally

"This is a kind of propaganda against U.S. citizens. It's psy-ops."

Fortune

AI and tech are potentially the biggest equalizers Africa has ever seen, former Nvidia exec says

"Within the next five to 10 years, we're going to see African intelligence being exported in other countries across the Global South."

Fortune

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The housing market’s fall surprise: Buyers are back, and Zillow says the momentum isn’t over yet

With buyers gaining ground in more cities and rates sliding further in October, Zillow says the fall season could extend the market’s momentum.

Fortune

China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer

“So I would expect that the threat of the 100% has gone away, as has the threat of the immediate imposition of the Chinese initiating a worldwide export control regime.”

Fortune

We are ‘not too late’ to fix climate change, says Nobel Prize scientist who extracted water from the desert air

Hope isn’t lost, says Nobel Prize chemist Omar Yaghi, whose new breakthroughs are already turning the tide on water scarcity and CO₂ pollution.

Fortune

How Montenegro became the world's fastest-growing hub for millionaires

Montenegro has experienced a 124% increase in the number of millionaires within its borders over the last decade, significantly more than the UAE or the U.S.

Fortune

I'm a CEO who's run 18 Ironman races and the AI ROI race isn't any different

Here's how my team got to a 10x ROI and how we're training for the next race.

Fortune

Executives in the era of no-holds barred activism

We now live in an era where the mobilization of public opinion is a weapon used to pressure corporations, and their leaders, to alter their behavior.

Fortune

Inside the $22 trillion world of private capital, an asset class so big it would be the world's second-largest economy

And a look inside the $1.5 trillion-$3 trillion private credit space that is emerging within it as the backbone of the great data-center buildout of 2025.

Fortune

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Fortune

The 25th-anniversary story of Accenture’s name, from the professional namer who led the project

An insider’s revealing look into Accenture — the wild ride behind history’s most painstaking corporate name change

Fortune

Stop blaming Gen Z: the workforce system is broken. Here's how leaders can step up

It's a terrible idea to write off a whole generation as unfit for duty.

Fortune

Founder of $100 million company says she quit her day job to rebuild her father's Cape Cod chip empire—and there 'wasn't time' to worry about nepotism

Serial entrepreneur Nicole Bernard Dawes scaled her own multimillion-dollar brands, Late July and Nixie, after getting Cape Cod chips back on track: “I'm not my father. That was his dream and his company.”

Fortune

What I learned co-managing a $100 million venture capital fund with my twin brother

Work is work but doing it with someone very similar to yourself gives a new perspective.

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Fortune

Europe at risk of becoming a ‘geopolitical playground’ warns Croatia’s former president, and says Trump’s 2018 NATO threat was justified

At Fortune Global Forum, Croatia's former president Kolinda Grabar-Kitarović says Europe is at this critical “inflection point.”

Fortune

'The Bermuda Triangle of Talent': 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out

Simon van Teutem talked to Fortune about “the illusion of infinite choice, and the social status … You’re always looking for the next level, the Harvard after Harvard, the Oxford after Oxford.”

Fortune

Saudi Arabia's minister of investment on Vision 2030 and the world's search for reliable partners

In conversation with Fortune Editor-in-Chief Alyson Shontell, H.E. Khalid Al-Falih described a world where "everyone is concerned" about supply chains.

Fortune

Google President Ruth Porat: ‘We should be able to cure cancer in our lifetime’ with AI

Porat said it's great that "people are playing" with AI through chatbots, but we're living through a much bigger change than that.

Fortune

Meet all 37 White House ballroom donors funding the $300 million build, including Silicon Valley tech giants, crypto bros and the Lutnicks

The list, reviewed by Fortune, did not mention specific dollar amounts offered by each contributor.

Fortune

Trump adds 10% tariff on Canada due to a TV ad, even though key economic powers law doesn't allow its use against 'informational materials'

"Is the new 10% tariff on imports from Canada related to the fentanyl emergency or the reciprocal trade emergency or are hurt feelings also now a national emergency?"

Fortune

This mysterious billionaire and top Trump backer is behind a $130 million donation to pay troops during the government shutdown, report says

But the Antideficiency Act prevents federal agencies from spending more money than Congress allows or from using unpaid help that Congress hasn’t approved.

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