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The Latest Breaking News from Fortune

Jerome Powell’s warning on Trump’s tariffs: There’s no ‘modern experience of how to think about’ the White House’s trade policy

In a speech on Wednesday, Federal Reserve Chair Jerome Powell warned of higher prices, “continued volatility” in the markets, and the looming threat of stagflation.

Fortune

Mercedes-Benz just poached a top exec from Fortune 500 dealer group Lithia to run the brand's U.S. sales operations

After a disappointing 2024, Mercedes is in the process of reshuffling its leadership team in key markets following the recent appointment of new global sales boss Mathias Geisen.

Fortune

So how exactly do you pay a tariff? Here's a step-by-step breakdown

It's not easy. Businesses must decipher thousands of tariff codes and post $50,000 bonds.

Fortune

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OpenAI no longer considers manipulation and mass disinformation campaigns a risk worth testing for before releasing its AI models

OpenAI’s updated AI safety framework drops key pre-release testing requirements—including for persuasive or manipulative capabilities—sparking concern among experts.

Fortune

Top nutrition expert shares the 5 gut-healthy habits he swears by

What you eat is likely the best reflection of your gut health, says top nutrition expert Tim Spector.

Fortune

Screen time may harm teens—but for people over 50, it has a surprising bonus

Use of digital technologies was associated with reduced risk of cognitive impairment and decline.

Fortune

Trump’s chip restrictions could slash Nvidia’s revenue by 10%, Wedbush analysts say

Expect Nvidia revenues to drop in future quarters, analysts wrote after the administration blocked the chipmaker from selling its key chip to China.

Fortune

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Jeff Bezos sold his Seattle mansion for a record-breaking $63 million after he and fiancée Lauren Sánchez moved to Miami to live in a $237 million compound

The Amazon founder owns three Miami mansions in the Billionaire Bunker.

Fortune

OpenAI seeks to stay at the front of the AI pack with new reasoning models, coding agent

New o3 and o4-mini models can autonomously use web browser and coding tools, the company says.

Fortune

The gig economy is growing three times faster than the traditional workforce, and Gen Z is leading the charge. Here’s how employers can fight back and keep their talent from going rogue

The youngest population of workers want more control over their career trajectory.

Fortune

JPMorgan is going after even more customers who allegedly cashed in on the 'infinite money glitch' stemming from an ATM malfunction

The bank has also sent letters to more than 1,000 Chase patrons since October asking for funds to be returned.

Fortune

Harley-Davidson slams activist investor, says it has wrecked its CEO succession process

It’s getting nasty with shares down 42% in the past year.

Fortune

‘American Psycho’ director says she's 'mystified' by Wall Street bros obsessed with Christian Bale's serial killer hero, saying they don't realize the movie is a 'gay man's satire on masculinity'

The film marks its 25th anniversary this year.

Fortune

Uber’s CEO says learning these two subjects in college is an 'absolute necessity' for any Gen Z grad eyeing up management roles

Dara Khosrowshahi said studying engineering and liberal arts in college was an “absolute necessity” to being a leader.

Fortune

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Fortune

Here's the advice I'm giving wealthy clients through tariff fears and market uncertainty

Policy shifts and geopolitical turmoil are as inevitable as they are disruptive—but markets reward patience and discipline.

Fortune

The CEO of Wendy's is prioritizing value and international presence to keep the chain competitive

"Consumers often do not tell you the truth. They tell you what they think you want to do," Tanner told Fortune.

Fortune

Elon Musk's X just revealed a dramatic revenue drop in U.K. after $44 billion takeover

X’s U.K. arm saw a 66.3% drop in revenue in the year following Musk’s takeover, falling from £205.3 million in 2022 to £69.1 million in 2023.

Fortune

The 14 Fortune 500 stocks most exposed to the tariff war: Target, Polaris and more

Other companies hit hard include a medical device maker, a semiconductor firm and the maker of Vans sneakers.

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Fortune

Despite his $100 million contract, Guy Fieri has a strict rule for his Gen Z kids' inheritance: They must get two degrees

The Food Network star has nine figures to his name, but he only plans to give his kids a share once they learn the “tools of life” in higher education.

Fortune

Universal's new Epic Universe theme park is projected to generate $2 billion for Florida in its first year

It will also create 17,500 jobs.

Fortune

For $20, Red Robin will give you a burger and bottomless sides every day in May—a $600+ value

Red Robin warns the "passes could sell out in minutes."

Fortune

Booking.com's CTO prioritized travelers when he started deploying gen AI tools. Now he's focusing on employees too

Chief Technology Officer c

Fortune

Some manufacturing jobs will return to America only if AI-empowered robots do them—and that’s a good thing

Now is the time to go all-in on AI-enabled robotics and automation.

Fortune

'China’s Elon Musk' uses just two numbers to demonstrate why his country’s auto industry is now outcompeting the U.S. and Europe

He Xiaopeng used two numbers to describe the breakneck pace of EV innovation in China.

Fortune

Spotify is back up after suffering a 3-hour widespread outage

"All clear," the music streamer says.

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