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The Latest Breaking News from Fortune

Why AI prompt writing is the next core skill for finance

Salesforce and Accenture executives discuss what today’s finance and accounting resumes need to stand out.

Fortune

Tariff whiplash is hurting small businesses — and it’s only getting worse

Trump's constant policy reversals cost Main Street an average $856,000 annually while Wall Street adapts effortlessly. Small business is left behind.

Fortune

Why IVP’s Somesh Dash believes that Silicon Valley can look beyond artificial general intelligence for spirituality

Between Peter Thiel’s Antichrist lectures and the quest for AGI, religion is on the tech industry’s mind.

Fortune

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American Express's CEO unveils a big upgrade to its $895 Platinum Card—and explains how he's targeting Gen Z and Millennials

Together, those younger generations account for 35% of all U.S. consumer spending for Amex, up from 19% in 2019.

Fortune

Markets got what they wanted from Powell with a Fed rate cut and they're still not happy

Jerome Powell delivered a 25bps rate cut, but Wall Street’s muted reaction reflects concern it was a risk move on jobs, not confidence.

Fortune

How Workday CEO Carl Eschenbach is pushing employees to get over their fear of AI

Also: All the news and watercooler chat from Fortune.

Fortune

China vs. Nvidia...again

Jensen Huang has 4 trillion reasons to smile. But geopolitical instability is making it tougher by the day.

Fortune

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For one man, the war against Cracker Barrel never really ended

Sardar Biglari’s 14-year beef with Cracker Barrel has earned him $1 billion—yet the company continues to resist him

Fortune

Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity'

“[Spending] may well be skewed toward higher-earning consumers,” Powell said. “There’s a lot of anecdotal evidence to suggest that.”

Fortune

Jerome Powell says the Gen Z hiring nightmare is real: 'Kids coming out of college...are having a hard time finding jobs’

"You've got a low firing, low hiring environment" in the economy right now. When asked if it's AI, Powell shrugged: "there may be something there."

Fortune

Powell isn’t being subtle about Trump, immigration and the employment disaster: ‘The supply of workers has obviously come way down’

"There’s very little growth, if any, in the supply of workers. And at the same time, demand for workers has also come down quite sharply," the Fed chair said.

Fortune

The average American homeowner lost $9,200 in home equity during the last year. It’s not a collapse but a 'long-term market correction'

Borrower equity is the third-highest ever recorded, but Leo Pond from Four Seasons Sotheby’s told Fortune that a fast climb uphill has turned into a plateau.

Fortune

Markets expected the rate cut, but the ‘real surprise’ is the Fed’s opinion on the current state of the economy, quant CEO says

The Federal Reserve’s policy setup is “bullish for bonds, bearish for the dollar, and neutral for equities in the near term," according to TIAA Wealth Management’s chief investment officer.

Fortune

Jerome Powell warns there's 'no risk-free path' to avoid stagflation: 'We have a situation where we have two-sided risk'

The Fed chair kept remarking on the current fix he's in, calling it "quite an unusual situation."

Fortune

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Fortune

Kraken's co-CEO says he once threw away Bitcoin: ’It was worth maybe $300 million to $400 million today’

Kraken co-CEO Arjun Sethi says he threw away the Bitcoin gifted to him in 2009.

Fortune

Honeywell, Caterpillar CTOs say AI can ease labor, skills gaps in manufacturing

Honeywell and Caterpillar say AI is critical to address the manufacturing sector's labor shortage and skills gaps.

Fortune

Amid weak hiring and White House attacks, the Fed lowers rates—its first move in 2025 and a test of Powell’s independence

Stephen Miran, Trump’s pick to join the Fed, dissented against the group, voting in favor of the stronger half-point cut.

Fortune

CEO says his son is among Gen Zers questioning whether a college degree is worth it: ‘Is this education a scam?’

Employees working are working with AI more than ever, education could set them apart, experts say.

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Fortune

Architects are turning into 'conductors', using AI to mock up designs—and get clients on board faster

AI is letting design firms create sketches and renders more quickly, allowing architects to enrich their pitches with more imagery and video.

Fortune

Openness to foreign talent could help non-U.S. tech hubs in Europe and Asia: ‘Wherever is more open still has a chance to win the next cycle’

“Silicon Valley will remain very pro-immigrant,” Notable Capital managing partner Hans Tung said at Fortune Brainstorm Tech last week.

Fortune

Nvidia shares drop, China tech surges as Beijing tries to push homegrown AI chips

China's top internet regulator has reportedly asked tech firms to stop using Nvidia's chips, deeming that local alternatives are good enough to compete.

Fortune

Bill and Melinda French Gates gave their Gen Z daughter this piece of business advice before she launched her own $8 million startup

Before launching her $8 million startup, Phoebe Gates turned to her billionaire founder parents for advice. After all, when your dad is the cofounder of Microsoft, he might know a thing or two about building a business.

Fortune

Andy Jassy’s crusade against Amazon's bureaucracy led to 1,500 complaints and 450 process changes

“Bureaucracy is really anathema to startups and to entrepreneurial organizations,” the Amazon CEO said.

Fortune

Gen Z grad sent out over 1,000 job applications—when he didn't hear anything back, he carried a sign around Wall Street begging for a job instead

When applying to jobs didn’t work out, 25-year-old Sam Rabinowitz spent $136 of his last $700 on a custom poster and stood outside of the New York Stock Exchange begging for work.

Fortune

Starbucks CEO says the coffee chain won’t lose its cash-strapped consumers because it’s on its way to being a 'world-class customer service' company

Brian Niccol said Starbucks’ quality and customer service is worth the cost of a $6 or $7 latte.

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