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The Latest Breaking News from Fortune

Harvard’s famous endowment will help it withstand Trump—to a point. ‘It’s not a $50 billion bank account’

Can Harvard afford to tap its endowment to make up for lost federal funding? It’s complicated.

Fortune

Getting good jobs out of Trump’s tariff policy demands a labor movement his administration is bent on kneecapping, labor historian says

Even if tariffs bring back millions of jobs, businesses will still try to pay as little as possible, unless forced to act otherwise.

Fortune

U.S. Bank's new CEO Gunjan Kedia says she's 'not happy' with its stock price: A renewed focus on urgency will be key to her tenure

New U.S. Bank CEO Gunjan Kedia outlined a focused strategy of urgency, expense discipline, and organic growth to regain investor confidence amid turbulent economic headwinds.

Fortune

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This growing U.S. energy commodity could face devastation in China trade war

China is by far the largest importer of American ethane—the most common building block for petrochemicals and plastics worldwide.

Fortune

Kevin Hart explains why recipients of his $10,000 grants will also receive AI training: 'The train is coming fast—either you're on it, or get out of the way'

There is a notable disparity in AI adoption among businesses, particularly those led by marginalized populations.

Fortune

Trump says Fed chair is ‘too late’ on interest rates: ‘Powell’s termination cannot come fast enough!’

A day earlier, Federal Reserve chair Jerome Powell offered a pessimistic view of the economy because of the White House’s tariff policy.

Fortune

Why this CEO believes in a bottom-up approach to AI adoption in the workplace

“We want everyone to rethink their job in this AI-first world," says Daniel Yanisse, cofounder and CEO of Checkr.

Fortune

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Want more female business owners? Expose them to entrepreneurship early

Research finds women who had early exposure to entrepreneurs had more successful businesses than those launched by men and women who did not.

Fortune

Rheinmetall CEO expects order book to balloon by 450% amid Germany’s rearmament drive

Rheinmetall's Armin Papperger expects his company to account for a quarter of Europe's $1.1 trillion defense splurge.

Fortune

Fed Chair Powell warns of tariff turmoil as big company stocks struggle

The economy now faces "heightened downside risks," says Powell.

Fortune

Hermès confirms plans to hike prices on its $10,000 bags in response to U.S. tariffs

“We’re very attached to our production where it is,” executive chair Axel Dumas previously said of Hermès’s manufacturing.

Fortune

Trump is creating distance between Musk and the White House’s China policy

President Trump seems keen to scale back Elon Musk’s interaction with foreign diplomacy.

Fortune

Exclusive: Revel emerges from stealth with $30 million to prevent your critical hardware from exploding—literally

Revel, a startup that builds software for controlling critical hardware, launches from stealth with $30 million in funding.

Fortune

Netflix stock has been nearly unscathed by Trump tariffs. Some think it could be Silicon Valley’s version of Johnson & Johnson

As recession fears mount on Wall Street, management is still reportedly setting ambitious long-term goals.

Fortune

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Self-made millionaire and Netflix’s finance guru Ramit Sethi reveals the financial red flags that are keeping you from getting rich

Dave Ramsey says he can tell who’ll stay stuck in the middle class just by looking at their car. Ramit Sethi thinks that’s ridiculous.

Fortune

Just before Zuckerberg bought Instagram, he identified a now defunct social startup as Facebook’s biggest threat

Emails revealed during Meta's landmark antitrust case have shed light on how Zuckerberg accessed Facebook's old rivals.

Fortune

Bitcoin miners in U.S. fear wipeout as 36% tariffs threaten to ‘destroy’ thriving industry

The threat to U.S. Bitcoin manufacturing comes even as the President's sons are planning to launch a mining venture.

Fortune

TSMC isn’t worried about Trump’s trade uncertainty as it reports 60% growth in quarterly profit

The chipmaker is keeping its annual outlook for sales and said it has not seen any change in customers’ behavior so far.

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Fortune

The Trump administration defied the courts twice in one day, and experts say it could hurt America’s sterling reputation as an attractive place to invest

Experts say a diminished legal system could scare off investors.

Fortune

Global stocks decline as U.S. imposes ban on Nvidia exports to China

The declines came after the S&P experienced a “death cross” on Monday — where the 50 day moving average sank below the 100-day moving average.

Fortune

DHgate, a Chinese e-commerce site, is suddenly atop Apple’s App Store as tariff fears push U.S. consumers to buy cheap Chinese replicas of luxury items

Other e-commerce sites like Taobao also gain US popularity after viral TikTok videos claim to expose luxury brands

Fortune

China has options: The U.S. may be more dependent on trade with Asia than President Trump realizes

Also: Fed’s Powell issues warning, U.S. stocks slide, again.

Fortune

Trump touts ‘big progress’ in talks with Japan, one of the first countries trying to get a tariff reprieve

Japan is a major test of whether the Trump administration can turn its “Liberation Day” shock into real trade deals.

Fortune

Trump thinks 'cheaters' are hurting us on trade, but the U.S. actually employs a sneaky number of 'non-tariff barriers' to dispel foreign goods

The culprit is “non-tariff barriers” (NTBs), such as quotas and technical standards that systematically block goods from flooding U.S. markets.

Fortune

Stocks slide deeper into the red after Fed chair's 'stagflation' warning reignites tariff fears

A tech selloff led the major indexes lower, while the Fed chair's warning on tariffs accelerated trade war fears.

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