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The Latest Breaking News from Fortune

Gen X built their whole identity on never needing help. Retirement is the one door they can't unlock alone

I'm a latchkey kid myself and I know from personal experience that "one more year" is never really about the money — it's about who you are without a job.

Fortune

Ginsburg and Biden’s blind spot: when leaders don’t know when to leave

George Washington believed it too, then walked away twice. Ginsburg and Biden believed it, and didn't.

Fortune

'Right to repair' is coming to cars, but there's still this big blind spot as consumers demand more autonomy

Automotive technology has boomed in recent years, but owner autonomy has not grown alongside it.

Fortune

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Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’

As Red Lobster rebounds from its “endless shrimp” bankruptcy, CEO Damola Adamolekun shares lessons from waiting tables and meeting Warren Buffett.

Fortune

How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight

Fuel costs and flight prices are rising, but United's second-quarter earnings show passengers aren't pushing back.

Fortune

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

"Essentially, the government is going to take over some fraction of the big tech firms."

Fortune

Iran just crossed Trump's red line for resuming all-out war as fighting continues to escalate with no end in sight

"The collapse of even this minimal understanding could remove the last barrier between episodic confrontation and a forever war."

Fortune

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A massive margin call and 'push-button liquidity' have torched stocks, but they're now poised to rebound, top Wall Street forecaster says

"I think those names are going to bounce later this year. So I don't think that the trade is over."

Fortune

It’s time to dump time zones

Wall Street already runs on Coordinated Universal Time. So why not the rest of the country?

Fortune

Goldman Sachs CEO says he’d hire someone ‘smart enough’ over the smartest person in the world because ultimately experience trumps brains

Relying on book smarts over real-life expertise won’t get one hired at the $337 billion bank, says Goldman Sachs boss David Solomon.

Fortune

U.S. soccer star Landon Donovan was raised by a single mom and said he wouldn’t break though today because youth sports have gotten too expensive

“That's not a good system to create good players,” Donovan, a three-time FIFA World Cup participant, said. “How do you create good players by doing that? You can't.”

Fortune

'I’m an example of what I’ve preached': Dan Ives knows AI has a 'PR problem' but it led to his massive career change after 25 years on Wall Street

"We're going to look back on this period," the co-founder of Yorkville Ives told Fortune, "and realize this is building the Vegas Strip in 1955."

Fortune

Peter Thiel just gave the public its closest look yet at his 'Antichrist' theory—and it's a tech and climate regulator

"The Antichrist interests me for several reasons," Thiel writes, "mostly because nobody else is talking about it."

Fortune

Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI

America's labor force will shrink by 6 million workers by 2032. If you're worried about AI taking your job, you're worrying about the wrong thing.

Fortune

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Fortune

Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran

The global energy trade is likely changed forever by the outcome of the Iran war.

Fortune

SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: 'Paving the superhighway to the stars'

A wave of wildly bullish price targets from Wall Street's SpaceX underwriters arrived just before the stock fell—raising questions about how much analysts really know.

Fortune

The World Cup’s massive audience is creating a payday for cybercriminals

Fans looking to avoid paying for World Cup broadcasts are fueling a booming black market for stolen streaming accounts worth nearly $220 million, according to new research from HUMAN Security.

Fortune

After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others

Trump’s tariff program has gone from generating billions to forcing billions in refunds thanks to February's Supreme Court ruling.

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Fortune

So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

Increasingly, the founders and heads of companies like Home Depot, Walmart and LVMH are entering the sports world. There's a good reason for that.

Fortune

Jensen Huang's signature black leather jacket just sold at Sotheby's for nearly $1 million—and the money is going to young tech builders

The Nvidia CEO's Tom Ford jacket, photomatched to a 2023 Taipei appearance, carried a $40,000-$60,000 estimate.

Fortune

Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive

Lower costs and open-source availability are prompting some companies to experiment with Chinese AI models, even as security concerns remain.

Fortune

OpenAI's CFO: 4 questions that reveal if your AI spend is paying off

Forget cost per token. Sarah Friar argues CFOs should judge AI by the work it actually completes.

Fortune

Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album

K3 might undermine the conventional wisdom that U.S. firms can maintain their extended lead by simply outspending Chinese competitors on computing power.

Fortune

FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant

Raj Subramaniam became the second-ever CEO of FedEx by taking every opportunity thrown his way—including his roommate’s job interview.

Fortune

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

Overall prediction market bets tied to the World Cup on Kalshi and Polymarket have collectively exceeded $29 billion in total trading volume.

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