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The Latest Breaking News from Fortune

If Amazon Ring staff want a promotion, they must now prove they’ve used AI

The new policy expands expectations of AI use in Amazon’s smart home division.

Fortune

American Express just offered a peek inside how wealthy Americans are doing—they're thriving, even the Gen Z members

The company reported record quarterly revenue of $17.9 billion, with millennial spending up 10% and Gen Z spend an astonishing 40%.

Fortune

For the first time since COVID, more than half of Fortune 100 desk workers are mandated to fully return to work, report finds

In 2023, only 5% of Fortune 100 desk workers were required to be fully in-office. Today, more than half have been asked to make the switch, according to Jones Lang LaSalle Inc.

Fortune

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Fed officials grow more outspoken—and split—over interest rate cuts

Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation coming.

Fortune

Americans are the most optimistic about the economy since just after Trump's inauguration

The University of Michigan consumer sentiment survey shows vibes around the economy far below historic norms, but they're "inching up."

Fortune

Gen X's $1.4 trillion windfall: The 'Forgotten Generation' is the surprise short-term winner in the Great Wealth Transfer

Over the next decade, Americans aged 45-60 are projected to inherit roughly $1.4 trillion every year, the largest short-term gain in the Great Wealth Transfer.

Fortune

Trump set to sign landmark crypto bill as critics warn of huge conflict of interest risk

The House of Representatives passed a bill on Thursday to regulate the stablecoin sector.

Fortune

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ESPN8: The Ocho is coming to your TV for a limited time

Sadly, no Peter La Fleur…

Fortune

Popular crypto site Pump.fun raised $600 million in 12 minutes—a sign a notorious era is back

As the Trump admin relaxes crypto enforcement, companies are increasingly looking to raise funds through token sales.

Fortune

Shark Tank's Kevin O’Leary warns Gen Z this job is a slow 'drift into hell' that'll make you unemployable for life

Multimillionaire serial investor Kevin O’Leary says just 24 months in consulting is enough to kill future prospects: ‘You are tainted meat for the rest of your life.’

Fortune

Like Mark Cuban and Barack Obama, this founder says work–life balance doesn’t exist for the successful: ‘Even if I am on vacation, you're on 24 hours a day'

Even after successfully building a multi-million dollar business, the CEO of That’s It Nutrition still grinds all hours of the day: ‘Even if I am on vacation, you're on 24 hours a day.'

Fortune

BP sells American wind business to LS Power as it continues its renewable retreat

BP's latest U.S. wind sale is part of its plan to sell much of its solar and offshore wind businesses too as it scales back on green energy.

Fortune

Disney adults (and other theme park lovers) get their own dating app with Single Riders

It's more than just Disney-philes.

Fortune

OpenAI warns that its new ChatGPT Agent has the ability to aid dangerous bioweapon development

The tool is designed to automate everyday tasks, but safety researchers found the model could also potentially help novices create biological threats

Fortune

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Chevron wins huge legal fight against Exxon to close $53 billion Hess acquisition—getting access to the biggest oil discovery of the century

The landmark legal ruling gives Chevron entry into the massive oil discovery in Guyana.

Fortune

Working remote could erode women's financial independence

"You just have to accept the fact that it is going to have a financial impact. It’s the reality."

Fortune

An HR crisis is taking the internet by storm and there could be ‘severe consequences for the company’s culture’

The CEO of data startup Astronomer was caught snuggling up to his head of HR.

Fortune

Tesla finally launches in India, but the world’s third largest car market has been a graveyard for western brands

“None of the other brands that all had big hopes when entering the market have had any success," says PwC Autofacts analyst Steven van Arsdale.

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Fortune

The Windsurf and Scale deals underscore a fragile reality for startup employees

Multi-billion dollar acquihires are taking CEOs and founders away from the companies they’ve started—and leaving behind employees with uncertain futures.

Fortune

Nordstrom hires Dollar General’s turnaround CFO behind stock surge

Kelly Dilts will leave Dollar General in August.

Fortune

Trump’s tariffs are tipping Europe toward recession

The U.S. is Europe and Britain’s largest export market. About 20% of EU exports go to the U.S. at a value of around $581 billion. Europe’s trade doesn’t immediately have anywhere else to go.

Fortune

Opinion | It's time to open the 401(k) to private markets

There's no single magic bullet for solving the U.S. retirement challenge, but this one could have an impact.

Fortune

Ex-Google CEO says superintelligence is tech's holy grail—but the U.S. is ill-equipped to address its 'natural limit'

Superintelligence is why some of the biggest names in tech, including Mark Zuckerberg and Sam Altman, are warring over AI talent.

Fortune

Jerome Powell sends point-by-point response to White House about Fed office renovations

And addresses speculation about VIP dining rooms and elevators, marble facades and water fountains.

Fortune

Malaysia’s AI darling NationGate sees shares tumble after it got raided in a scrap metal smuggling probe

Shares in Nationgate, the fastest-growing company on Fortune's Southeast Asia 500, are down over 10% since Tuesday.

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