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The Latest Breaking News from Fortune

IPO boom times are back, with SpaceX and OpenAI on investors' 2026 wish list. But be careful what you buy

An expected surge in public offerings means more excitement, but also more duds.

Fortune

Trump's immigrant visa crackdown targets Southeast Asia's Cambodia and Thailand, a decision experts find 'puzzling'

“The policy appears less focused on managing migration volumes than on political signaling," says Tan Sook Rei of James Cook University.

Fortune

Economy is marginally improving, says the Fed, but only because rich consumers are splurging on luxury items and holidays

The Minneapolis Fed said that while retailers catering to higher-end consumers reported increased sales, those targeted at middle and lower-end consumers are "getting pretty beat up."

Fortune

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Tech stocks took another beating as retail investors dump the Magnificent Seven

Traders are selling down the Mag 7 but buying most of the other stocks.

Fortune

CEO leading Saks Global through bankruptcy has a management philosophy of 'leading with love'

Also: All the news and watercooler chat from Fortune.

Fortune

Desperate job seekers are abandoning the idea of a ‘dream job’—but an economist warns bosses about what could happen next

More than a quarter of new employees took a pay cut, showing that bosses hold the power.

Fortune

AI will infiltrate the industrial workforce in 2026—let’s apply it to training the next generation, not replacing them

A silent crisis is shaking the very foundations of modern society. Here's how to turn it into a loud victory.

Fortune

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Despite a $45 million net worth, Big Bang Theory star still works tough, 16-hour days—he repeats one mantra when overwhelmed

Even with a $45 million net worth, fame, and a dream career, Big Bang Theory star Kunal Nayyar still has tough days. Just like Jeff Bezos and Melinda French Gates, Nayyar tells Fortune he uses a personal mantra to cope.

Fortune

Teachers decry AI as brain-rotting junk food for kids: 'Students can't reason. They can't think. They can't solve problems’

The findings come from a major, yearlong “premortem” conducted by the Brookings Institution’s Center for Universal Education.

Fortune

America’s $38 trillion national debt is so big just the interest will soon cost more than Medicare

The staggering math behind the rapid rise in interest due on our outsize debt.

Fortune

The head of marketing at Slate posted on LinkedIn requesting cleaning services as a benefit at her company. The next day, HR answered her call

“You hear a lot of organizations talk about valuing their people and prioritizing culture, but Slate actually demonstrated it in a very real, very immediate way,” Christina Le told Fortune.

Fortune

Using AI just to reduce costs is a woeful misuse of a transformative technology

Nigel Vaz, CEO of Publicis Sapient, the technology company belonging to Publicis Groupe, argues that most leaders are misusing AI – and missing a once-in-a-generation opportunity to transform how businesses grow.

Fortune

Can Saks' new CEO repair the damage done to the luxury retailer by years of being treated as a 'financial plaything'?

Geoffroy van Raemdonck's first order of business will be to win back fashion brands.

Fortune

AI ‘godfather’ Yoshua Bengio believes he’s found a technical fix for AI’s biggest risks

After years warning that advanced AI could spiral out of control, the deep-learning pioneer now sees a way to build AI that won't pose a threat. His nonprofit, LawZero, has named a new board to help him pursue this “moral mission”

Fortune

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Fortune

Landmark crypto bill on knife’s edge as Coinbase CEO pulls support ahead of key Senate vote

The proposed legislation has triggered a fight with the banking lobby over stablecoin yields and Democrats over White House conflicts of interest.

Fortune

Bitcoin closes in on $100,000 in surprise surge

The original cryptocurrency is soaring after ending 2025 in a slump.

Fortune

Rural America is getting a bailout, but not from Trump—billionaires are riding to the rescue

It's not just MacKenzie Scott who's giving back to American communities.

Fortune

Trump hails ‘booming investment’ in Detroit while auto manufacturing jobs have fallen every month since Liberation Day

The industrial heartland faces a grim arithmetic: Billions in new investment are pouring in, but the workers are being left behind.

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Fortune

Citigroup CEO Jane Fraser warns of job cuts and says it's time to raise the bar in a fiery memo to staff: 'we are not graded on effort'

Fortune's Most Powerful Woman on Wall Street is cutting 1,000 jobs now, with tens of thousands more to come as she says "old, bad habits" are over.

Fortune

McKinsey challenges graduates to master AI tools as it shifts hiring hunt toward liberal arts majors

CEO Bob Sternfels says the company has 60,000 employees—including 20,000 AI agents.

Fortune

Whole Foods cofounder says his hardest ever business decision was firing his father from his company board: 'That was when my mentorship was over'

John Mackey calls capitalism one of humanity's greatest inventions and sticks to that way of thinking, even when family's involved. "It hurt him so badly."

Fortune

How Expedia’s CTO is using AI to transform work for 17,000 employees—and travel for millions

The online travel agency has invested in AI to boost the productivity for Expedia's workforce and make travel hiccups easier for consumers to navigate.

Fortune

Peter Thiel makes his biggest donation in years to help defeat California’s billionaire wealth tax

Peter Thiel and Gavin Newsom are united in opposition to the billionaire tax.

Fortune

California's wealth tax doesn't fix the real problem: Cash-poor billionaires who borrow money, tax-free, to live on

Billionaires live under "buy, borrow, die," and California's wealth tax wouldn't touch that. An estimated $1 trillion of wealth has already fled.

Fortune

‘Sickening and greedy’: California millionaire slams Larry Page and Sergey Brin for cutting ties with the state to avoid wealth tax

As billionaires flee the state to avoid the proposed wealth tax, other high earners support the one-time tax.

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