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The Latest Breaking News from Fortune

The CEO of startup Rilla gives his employees up to $1,500 a month to live closer to the office—But there’s a catch

This startup founder is willing to help workers pay for housing if they’re willing to work 70 hours per week in person.

Fortune

Strategizing with AI: How leaders can upgrade strategic planning with multi-agent platforms

GenAI platforms can help organizations acclimate to an environment of higher-frequency change and adaptation.

Fortune

We may never hear Linda Yaccarino’s side of the X story: ‘There’s always a nondisclosure where you can’t set the story straight’

Also: All the news and watercooler chat from Fortune.

Fortune

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Banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, jaunts to Kennebunkport, and put millions on his credit cards, SEC says

The sudden implosion of First Liberty Building & Loan has roiled Georgia’s conservative political network.

Fortune

Former MMA champ Ben Askren says he lost 50 pounds in 45 days after contracting pneumonia and getting a double lung transplant: 'I only died 4 times'

Jake Paul said he pledged to help pay Askren's medical bills because "none of these people, like Dana [White] or anyone, are stepping in."

Fortune

Stock markets rise to new records thanks to the one-two punch of airlines and Big Tech

Despite looming tariffs, "the market has demonstrated a remarkable ability to hear what it wants to hear, see what it wants to see," AllianceBernstein's chief U.S. economist said.

Fortune

Jane Birkin's original Birkin bag breaks records with $10 million sale in Paris auction

Bids opened at €1 million and quickly escalated, with nine collectors driving up the price to gasps and applause at the Paris auction house.

Fortune

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Mark Zuckerberg splurging on AI talent doesn't mean Meta will catch up to rivals

The Meta CEO is counting on his spending spree to fuel AI innovation as his tech giant falls behind its peers.

Fortune

Jamie Dimon gets real with Europe about shrinking to just 65% of American GDP over 10-15 years: 'That's not good'

"You're losing," the JPMorgan Chase CEO said at an event in Dublin organised by the Irish foreign ministry.

Fortune

Elon Musk’s Tesla finally sets a shareholder meeting date amid doubts about his long-denied $56 billion pay package

New York City Comptroller Brad Lander told Fortune the announcement was a “welcome, if belated, recognition that the rule of law applies to everyone—even the world’s richest man and his company.”

Fortune

Private equity roll-ups are undermining the free enterprise system—and the American Dream

Private equity deals, cloaked in financial engineering, lead to fewer owners, fewer options, and less upward mobility.

Fortune

The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says

Don't expect mortgage rates to drop anytime soon, the London-based research firm says.

Fortune

Bitcoin reaches all-time highs as it surges beyond $113,000

After the top cryptocurrency spent much of the past few months over $100,000, a recent rally sent it to new heights.

Fortune

Is your city a winner or loser in the return-to-office race? Capital Economics breaks it down

The London-based research firm also issued a forecast through 2029, finding three cities rising above the rest.

Fortune

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Fortune

Deepfake scams have quietly exploded. A cloned Marco Rubio voice targeting U.S. officials is just the latest sign

With just 15 seconds of audio, hackers can now launch convincing deepfake scams—targeting CEOs, employees, and even world leaders.

Fortune

Tech CEO Garry Tan slams college entrepreneurship programs for 'teaching you to lie'—he warns Gen Z students that it could land them in jail

Y Combinator boss Garry Tan warns against the “dangerous” embrace of Sam Bankman-Fried and Elizabeth Holmes by some education programs.

Fortune

Wall Street’s advice after Nvidia hits historic $4 trillion market cap: BUY

Investors still only see upside for Nvidia as the poster child for the AI boom.

Fortune

A medium for your mutt: NYC hotel is offering an in-house 'Pup Psychic'

They'll also have access to a doggie social club.

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news in one place.

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Fortune

Multimillionaire athlete-turned-CEO says he never buys expensive clothes and only flies economy because he's in constant fear of running out of cash

Tom Beahon has cofounded £1 billion sportswear brand Castore, but the frugal early years of living off £1,000 pounds monthly and living with his parents are “deeply branded” on his soul: "That day-to-day focus on cash, that paranoia.”

Fortune

The company behind Nutella seals deal to buy the maker of Froot Loops

Ferrero Group strikes deal to acquire WK Kellogg Co.

Fortune

With Elon Musk's right hand Linda Yaccarino stepping down, here's who Polymarket is betting will take over the CEO spot at X

It's neck and neck.

Fortune

The Gen Z glossary for millenial and Gen X managers

It won’t be long until Gen X managers feel left out of watercooler chats with their twentysomething-year-old workers.

Fortune

CEOs reacting to tariffs with wait-and-see have a dangerous misread of the moment

Tariffs aren’t the cause of disruption. They’re the accelerant—and companies risk falling behind.

Fortune

The S&P is soaring, but fewer companies are setting record highs. Why that could be a red flag for the market

Pay attention to market breadth, analysts say.

Fortune

It’s a cruel summer for student loan borrowers. Here’s how HR leaders can make the case for better benefits for their employees

As the Trump administration allows garnishing wages of borrowers in default, experts say student loan benefits are a business imperative.

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