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The Latest Breaking News from Fortune

Europe and China’s medical device tit for tat shows that Trump tariffs aren’t helping Beijing make friends

On Tuesday, European Commission President Ursula von der Leyen said that there needed to be a “genuine rebalancing” in the China-Europe relationship.

Fortune

There's a 'growing risk' Fed will have to cut interest rates by 50 basis points in December to 'catch up' to a sagging labor market, Oxford Economics

Interest rate cuts could mean the economy is in the clear after the spring’s recession fears—or the labor market suddenly collapsed.

Fortune

Trump doubles down on Aug. 1 tariff deadline as stocks continue to dip

After the S&P 500 roared to all-time highs in June, investors are taking a cautious approach with the threat of tariffs looming.

Fortune

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This year’s Amazon Prime Day is the most unpredictable ever thanks to tariffs and AI

Ten years after Amazon launched Prime Day, this year’s version of the online shopping and discount extravaganza is unlike any other in the company’s history.

Fortune

Sam Altman slams Democratic Party, declares himself 'politically homeless' in another sign of Silicon Valley shifting right

“I’m not big on identities, but I am extremely proud to be American,” Altman wrote, calling for a renewed emphasis on "techno-capitalism."

Fortune

Chime’s sticky user base makes it a winner for investors, analyst says

Shares of the fintech firm encountered initial volatility but have stayed above their $27 IPO price.

Fortune

Markets are ignoring the latest round of Trump's tariffs, but ‘at some point the rubber has to hit the road,’ UBS strategist says

Since cratering in April, stocks have rebounded, even as the White House gears up for more tariffs.

Fortune

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It's like collaborating with an alien. Why better than the average human may be the wrong metric for AI performance

Average performance figures can mask critical difference between how AI systems work and how people think.

Fortune

Planning a weekend trip with friends? Here's how to split costs

Keep financial surprises to a minimum when planning a bachelorette party or friendly weekend getaway.

Fortune

How the ‘Big Beautiful Bill’ is rewriting the rules for small business success

The "One Big Beautiful Bill Act" (OBBBA) introduces several significant changes that directly benefit Qualified Small Businesses (QSBs) and their investors.

Fortune

Roger Federer is now a billionaire, but he’s made more money investing in this company than winning 20 Grand Slams

The $1.3 billion tennis star may have netted millions by winning tournaments, but it's his clever investments, like in the shoe company On, that have skyrocketed his wealth into 10-figures.

Fortune

America faces worst measles outbreak since 1992 with low-vaccinated Texas at the epicenter

In total, 38 states and territories have documented cases this year.

Fortune

Amazon reportedly asked corporate workers to 'volunteer' to boost warehouse morale by handing out snacks and packing grocery deliveries for Prime Day

White-collar workers were asked to pick and pack items for Fresh orders.

Fortune

Bill Gates gave so much money away that $51 billion just got swiped from his net worth—now his former no2 and Microsoft successor Steve Ballmer is wealthier than he is

Billionaire Bill Gates was once crowned the richest man in the world for 18 years, but now as his quest to not die rich continues, his former assistant Steve Ballmer has topped his wealth.

Fortune

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Fortune

McDonald's makes breakfast spicy with three new Pepper Sauce–infused breakfast menu items

It's part of the 50th anniversary of the McMuffin.

Fortune

Meet the ex-Amazon exec who successfully pitched Prime Day to Jeff Bezos—and invented a $14.2 billion sales empire

You can thank Diego Piacentini, the architect of Prime Day, for one of the biggest online retail events of the year.

Fortune

Tesla bull Dan Ives says the company has reached a 'tipping point' and lays out a 3-point plan for the board to rein in Elon Musk

The analyst thinks Musk needs a new pay plan and a board committee that's dedicated to limiting, but not banning, the CEO's political activities.

Fortune

Elon Musk calls the U.S. dollar 'hopeless,' says his America Party will embrace Bitcoin

Short statement could have broad implications.

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Fortune

Users accuse Elon Musk's Grok of a rightward tilt after xAI changes its internal instructions to assume viewpoints from the media are 'biased'

Grok’s new instructions tell it not to shy away from “politically incorrect” viewpoints.

Fortune

Tesla sold precisely zero cars in Turkey in January—now it’s Musk’s hottest market. Here's why

The Eurasian country came within striking distance of becoming Tesla's third largest global market for the month of June, but analysts question the sudden surge: 'Those numbers are weird.'

Fortune

Dacora is the first female-founded and run car company

Dacora is catering to an ultra-luxury clientele, set to buy "America's Rolls Royce" starting in 2028.

Fortune

Student loan borrowers are facing down a grim summer: These are the benefits businesses can offer employees to help with debt payments

Business leaders have a unique opportunity to assist workers with student loan payments.

Fortune

CFOs shift strategies as economic uncertainty dims growth outlook

Finance chiefs have lowered projections for revenue, earnings, and capital investments, according to a Deloitte survey.

Fortune

Q2 venture funding climbs on AI deals while PE stuck on sidelines

Private equity fundraising in the first half remains slow.

Fortune

Kevin O’Leary says he remembers the moment he became a millionaire—but it 'was very anticlimactic'

The Shark Tank star reflects on when he became a millionaire.

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