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The Latest Breaking News from Fortune

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

MacKenzie Scott donated $7 billion in 2025, bringing her five-year total to $26.2 billion, even as she stays out of the spotlight.

Fortune

Maybank Singapore CEO Alvin Lee looks to tap the silver economy and cross-border flows to grow his business

Singapore now contributes 20% of Maybank’s annual revenue, but its country CEO Alvin Lee hopes to lift that number to 30% by 2030.

Fortune

Gen Z graduates are blaming AI for their unemployment woes when they should be looking somewhere else

While AI companies sow anxiety around their technologies, there’s evidence elsewhere of different economic factors actually driving employment challenges.

Fortune

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Walmart’s $1.4 billion Vibe.co deal is a direct shot at Amazon’s booming ad business

With a $1.4 billion deal for Vibe.co, Walmart is aiming to capture the ad dollars of smaller brands.

Fortune

Fortune 500 bosses demanding staff return to the office share one trait: Narcissism, research finds

A six-year Wharton study suggests leaders who crave status and attention are driving the push back to the office—despite mixed evidence on productivity.

Fortune

Getting past the pilot: Why so many AI test projects have trouble scaling

Business leaders from Salesforce, Amgen, and Thomson Reuters took a hard look at AI pilot projects to understand why some thrive and some flail.

Fortune

Asia’s defense boom is rewiring the global arms supply chain

Asia, once an arms importer, is now emerging as a hardware manufacturer and arms exporter, driving the global defense industry in a more multipolar world.

Fortune

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A big look at the state of housing in America: Boomers won't sell, millennials can't buy, and Gen Z gets to watch the whole thing sort itself out

A new forecast says housing supply will finally outpace demand by 2035. Congratulations to everyone who wasn't born before 1997.

Fortune

How 'Ozempic face' is pushing Gen X, already the biggest Botox and filler consumers, to the facelift table a decade early

“I just started to feel like I was seeing more lines around my eyes or something, and thought I would just go check out this doctor," one Gen Xer said.

Fortune

Why Zohran Mamdani's big night as the Democratic party's new kingmaker matters for every Fortune 500 CEO in every city and state

New York City Mayor Zohran Mamdani went three for three in Tuesday's primary elections. What happens next could be a sign for corporate America.

Fortune

Congress’s landmark housing bill could backfire on millions of renters

The bipartisan bill hopes to bridge the gap between high home prices and Americans desperate for affording housing. But the ban on institutional investors could take away rentals millions rely on.

Fortune

Elon Musk was the world's first trillionaire for 12 days

The run ended due to falling SpaceX stock and a Forbes accounting change.

Fortune

CEO of $8 billion Flexport blasts remote work as ‘white-collar fraud’ and a ‘total fantasy’ for highly paid employees

“The idea that I could do any work at my house is like a total fantasy,” said CEO Ryan Petersen.

Fortune

Trump's immigration crackdown is causing the U.S. to lose its best STEM talent—and it cost the economy almost $500 billion

Half of America’s STEM workers with PhDs are foreign-born, a talent pipeline that is quickly drying up.

Fortune

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Fortune

How Home Depot is rebuilding retailing with AI

Amid a turbulent housing market, Home Depot has steadily invested in AI use cases for shoppers and workers.

Fortune

Robert Wright sees an 'earthquake' coming from AI that goes far beyond jobs: 'cultural, political, personal, family, psychological'

The Nonzero founder is out with a new book, "The God Test," in a moment that calls for "enlightenment." The longtime Buddhist sees short supply.

Fortune

‘Wipe out and change are different': Amazon exec slams AI job apocalypse fears as he hires thousands of Gen Z grads

Matt Garman, CEO of Amazon Web Services, is rejecting predictions of an entry-level job bloodbath, as he hires thousands of Gen Z talent.

Fortune

Scott Bessent calls Mamdani 'leader of the Democratic Party,' touts weekly Warsh breakfasts and a new push to put every American in the stock market

"Do you want to keep more of your money?" The Treasury Secretary asked on CNBC. "it's not the fringe Democratic left anymore."

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Fortune

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

The world's biggest shopping event is breaking records—but shrinking cart sizes, debt-fueled checkouts and a bid for younger customers tell another story.

Fortune

Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’

“Over the past few months there has been a big shift in the world order,” the hedge fund billionaire wrote. He sees a “tribute” system rising in the East.

Fortune

Exclusive: Taktile raises $110 million from Goldman Sachs, Tiger Global to automate high-stakes financial decisions

Other participants in the Series C fundraise include Index Ventures and Y Combinator.

Fortune

price-of-oil-06-23-2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Nasdaq's CFO says leaders must learn AI—not just their teams

Sarah Youngwood is reshaping Nasdaq’s finance function by emphasizing AI training and hands-on use.

Fortune

Steve Case: America was built by entrepreneurs. Here's how we keep that edge for the next 250 years

The next wave of innovation—in AI, biotech, and beyond—will be won not in Silicon Valley, but across a broader, more distributed America.

Fortune

Trump mistakes the bully pulpit for bullying leadership — history's villains were never heroes

His admiration for Attila the Hun, Stalin and Hitler reveals a fundamental misreading of power: brute force builds empires that crumble, not legacies.

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