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The Latest Breaking News from Fortune

‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in a K-shaped economy

The latest JOLTS report shows hiring stuck at 3.2% and quits falling again as the Fed prepares to cut rates.

Fortune

Exelon CEO: The ‘warning lights are on’ for U.S. elecgrid resilience and utility prices amid AI demand surge

The U.S. needs more generation, including renewables, and greater efficiencies to keep the grid from breaking down, Exelon CEO and president Calvin Butler said at Fortune’s Brainstorm AI conference.

Fortune

‘Customers don’t care about AI’—they just want to boost cash flow and make ends meet, Intuit CEO says

“A business is trying to get more customers. They’re trying to manage their customers, sell them more services.”

Fortune

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The problem with 'human in the loop' AI? Often, it's the humans

New studies show AI tools beating human professionals in law and advertising—challenging the assumption that human-AI collaboration always produces the best results.

Fortune

Jamie Dimon taps Jeff Bezos, Michael Dell and Ford CEO Jim Farley to advise JPMorgan's $1.5 trillion national-security initiative

Former military commanders, politicians, and one of Warren Buffett’s top stock pickers are also joining the advisory group.

Fortune

OpenAI COO Brad Lightcap says ‘code red’ will force the company to focus, as the ChatGPT maker ramps up enterprise push

At Fortune Brainstorm AI, Brad Lightcap said the company is prioritizing ChatGPT improvements and enterprise adoption.

Fortune

Tesla promotes Optimus as its next big breakthrough, but one robot's collapse has sparked doubts about their current level of autonomy

Tesla used employees to control Optimus robots at its robotaxi event last year.

Fortune

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Trump’s $12 billion farmer bailout is a 'Band-Aid on a bigger wound' the American agriculture industry is still reeling from

“At the end of the day, the farmers, they just want to conduct business, not necessarily have to get these packages,” one agricultural economist said.

Fortune

Even the man behind ChatGPT, OpenAI CEO Sam Altman is worried about the ‘rate of change that’s happening in the world right now’ thanks to AI

Sam Altman admits the rise of ChatGPT may be moving too quickly for comfort as AI shakes up jobs, education, and the global economy.

Fortune

Google says its first Gemini-powered smart glasses are coming next year. Here’s what they can do

Google aims to not repeat the same mistakes it made with Google Glass over a decade ago.

Fortune

You're probably $30,000 short of what you need to buy a house—and you're not alone

More than 75% of U.S. homes on the market are unaffordable for the typical household, according to a Bankrate analysis.

Fortune

With millions of Gen Zers unemployed globally, the U.K. is investing $965 million to get young people working in AI, hospitality, and engineering

Over the next three years, the U.K. government will spend nearly $1 billion getting Gen Z NEETs back into the workforce. Meanwhile, young Americans face unprecedented joblessness.

Fortune

The 'forever layoffs' era hits a recession trigger as corporates sack 1.1 million workers through November

That’s the most since 2020—but then you have to go back to 2009 to find when companies let so many workers go.

Fortune

The cult of productivity is killing us

This is a call for quiet thriving.

Fortune

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There is a simple fix for America’s job-quality crisis: actually give workers a piece of the business

My dad spent 40 years operating heavy machinery. He was proud of his work but he didn’t feel respected. Today, I see those same tensions are still with us.

Fortune

AI doctors will be good at science but bad at business, and big talk with little action means even higher drugs prices: 10 healthcare predictions for 2026 from top investors

We hope 2026 is calmer after tariffs, public health chaos, and the cancellation of billions of research funding and health coverage support for millions.

Fortune

AI isn’t the reason you got laid off (or not hired), top staffing agency says. You don’t have the right skills

The typical company expects to hire eight workers in the first quarter of 2026, ManpowerGroup’s new survey finds.

Fortune

HBR: Only 6% of companies fully trust AI agents to handle core business processes

AI agents are at the “edge” not the core of business, and without good change management, corporates risk a “garbage in, garbage out” scenario.

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Fortune

Malaysia's Johor launches 7,300-acre innovation sandbox, part of new special economic zone with neighboring Singapore

IBTEC, formally launched on Dec. 2, will make “production smarter, supply chains more resilient and operations more efficient,” said developer JLand Group.

Fortune

Berkshire appoints new CFO as analysts warn of more executive departures

Warren Buffett's CEO tenure is soon ending, and Marc Hamburg’s retirement as CFO after 40 years is among several leadership changes.

Fortune

Circle stablecoin for ‘banking-level privacy’ to launch on Aleo blockchain

Blockchains make data public, but Aleo founder Howard Wu hopes to lure big banks and institutions to crypto through semi-private stablecoins.

Fortune

AI can lead to ‘somewhat mediocre’ results for designers, warns CEO of design consultancy IDEO

AI can be a powerful tool for designers, but human creativity is still key, Mike Peng said at Fortune Brainstorm Design in Macau on Dec. 2.

Fortune

CEO says he’s started giving job candidates live feedback in the interview—and if they ‘freeze up’ or ‘get offended’ they’re ‘not fit’ for the role

Forget waiting days for feedback—one CEO delivers it live, sometimes in front of a full panel, to test candidates’ reactions. Experts call it “an insensitive science experiment” but warn the practice is on the rise.

Fortune

Key questions to stay grounded in the AI frenzy

With startup valuations soaring, VCs at Fortune's Brainstorm AI shared their thoughts on how to navigate these bubbly times.

Fortune

A divided Fed meets today, and Wall Street is watching for 4 key words from Powell: ‘In a good place’

If he does not use that phrase, he may be open to further interest rate cuts.

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