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The Latest Breaking News from Fortune

The U.S. housing market is ‘finally starting to listen’ to homebuyers plagued by high mortgage rates and home prices, economist says

Mark Fleming’s analysis is based on First American’s Real House Price Index, which, unlike other home-price indexes, accounts for inflation.

Fortune

With market on edge about Friday's jobs report, new data confirms the economy has the fewest job openings in nearly a year

"The U.S. labor market is slowing down," Bank of America Research wrote on Wednesday morning. Then the JOLTS data dropped.

Fortune

Warren Buffett’s $57 billion face-plant: Kraft Heinz breaks up a decade after his megamerger soured

Did the Oracle of Omaha misplace his crystal ball?

Fortune

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Why Carnival's CIO isn't going overboard on generative AI

Carnival Cruise Line's CIO has piloted over 100 generative AI projects with only six in production. He's pleased with this measured approach.

Fortune

Boomers’ wealth soars, leaving millennials and Gen Z behind

America’s richest generation is only getting more wealthy. Boomers have accumulated a collective net worth of $82 trillion—more than double that of Gen X.

Fortune

McDonald’s CEO says Trump’s no tax on tips creates ‘uneven playing field’ for its restaurants, which don’t get ‘customers to pay’ for labor

Chris Kempczinski raised concerns that restaurants paying tipped workers a lower minimum wage were getting an extra boost from the White House’s new provision.

Fortune

New Nestlé CEO joined the company straight out of college—like Mary Barra and Doug McMillon, he climbed all the way to the top at a single company

Philipp Navratil joins Fortune 500 leaders in proving that playing the long game up the same corporate ladder can pay off.

Fortune

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Unemployed graduates are flocking to this business degree to stand out in the current job market. Unlike most MBAs it requires zero work experience

Gen Z graduates down on their luck amid AI job automation are turning to master’s in management degrees—no business expertise or work experience required.

Fortune

What almost dying —again—taught me about authentic leadership

Surviving forced me to reflect on how I lead, live and the unhealthy work habits I once followed — first to arrive, last to leave, working through hacking coughs, hopping planes despite exhaustion.

Fortune

Agentic AI is the technology's new frontier, and CAIOs are toiling to get agents implemented correctly

“There’s a ton of confusion in the marketplace with our clients on, ‘What is an AI agent? What am I deploying?’”

Fortune

Maturing AI, business impact, and agents galore: How the CAIO role has evolved over the past year

“A year ago, my focus was on proving that autonomous AI decision-making systems could exist. Today, it’s about delivery and scale.”

Fortune

You just hired your first CAIO. Now what?

Today’s CAIOs have broad mandates that can include data management, AI governance, workflow change management, as well as developing partnerships with AI companies and software vendors. Understanding where the CAIO fits within the organization is key.

Fortune

The new thing on campus. Why universities are appointing their first chief AI officers

“I’m a faculty, I’m a researcher, I’m an educator. What is this officer thing?”

Fortune

Why Zocdoc made one of its founders CAIO: ‘You have a little bit more political capital’

“I have a responsibility to AI-ify the rest of the organization.”

Fortune

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Fortune

Meet the $100m AI startup that wants to kill the billable hour: 'Most legal departments have lost control of their budgets and their knowledge'

“We have been heads down the last few years," CEO Omar Haroun told Fortune. Now he’s onstage with a “priest” reading out last rites for Big Law billing.

Fortune

What leading a global architecture firm has taught me about AI’s power to transform business

At Gensler, from Shanghai to San Francisco, London to LA, our studios, designers, strategists and storytellers are embracing AI with curiosity and purpose.

Fortune

WhistlePig unveils a unique 30-year aged single malt—if you can afford it

The BigShǝBàng follows the release of last year's Badönkådonk

Fortune

Trump-backed crypto firm American Bitcoin notches $5 billion valuation in Nasdaq debut

The company trades under the ticker ABTC.

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Fortune

2 MIT professors offer a case study to consider for AI adoption: GM versus Toyota in the 1980s

GM's decline and Toyota's rise offers a case study in AI adoption. Two MIT Sloan academics offer advice on how to avoid repeating GM's strategic mistakes.

Fortune

Federal appeals court tariff ruling signals CFOs to 'plan for turbulence'

The decision on tariffs introduces fresh uncertainty, says Gregory Daco, EY-Parthenon chief economist.

Fortune

Exclusive: Etherealize raises $40 million to expand Wall Street’s use of Ethereum

Electric Capital and Paradigm led the round, which builds on an earlier grant from Ethereum founder Vitalik Buterin and the Ethereum Foundation.

Fortune

Is another 'AI winter' coming? Here's what past AI slumps can tell us about what the future might hold

Academic skepticism and business frustration have triggered past AI winters. This time, both factors are present. But there are key differences too.

Fortune

Nvidia’s massive market cap is a ‘bubble risk,’ Deutsche Bank says: ‘We appear to be in uncharted territory’

“Nvidia’s market cap is now larger than every country’s entire listed stock exchange apart from the U.S., China, Japan, and India,” the bank said.

Fortune

From US Open 'hat thief' to Coldplay affair: CEOs keep going viral for bad behavior

Smartphones are turning CEO scandals into viral spectacles, and boards are scrambling to respond to the changing environment.

Fortune

The canary in the coal mine is singing as global bond selloff raises national debt concerns

Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537 amid investor flight.

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