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The Latest Breaking News from Fortune

Cracker Barrel's logo fiasco shows how hard it is to freshen things up without annoying loyal customers

Also: All the news and watercooler chat from Fortune.

Fortune

Inside the debt-heavy sand trap of Trump’s U.K. golf course finances

Donald Trump’s resorts in Scotland embody his trademark mix of real estate ambition and presidential showmanship—where politics meets profit, and a history of loss.

Fortune

A third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns

“Southern states are generally the strongest, but their growth is slowing.”

Fortune

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Dow eyes fresh highs as Nvidia gets set to report earnings amid AI bubble fears

Wall Street’s faith in the staying power of AI as an investment thesis will be put to the test when Nvidia reports quarterly earnings on Wednesday.

Fortune

Gen Zer who built multimillion-dollar companies says work-life balance is a trap and lists 5 ways to ‘optimize ruthlessly’ during your peak years

“When you front-load success early, you buy the luxury of choice for the rest of your life.”

Fortune

The Federal Reserve could start resembling the Supreme Court

Fed governors typically step down before their terms expire, but they may stay on until a president from their political party is in the White House.

Fortune

The new power move: why smart women are demanding prenups

As wedding season peaks this month, a new generation of brides are choosing financial transparency over fairy tale fantasies.

Fortune

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Private equity could transform your retirement, Wharton alternative investment experts say, but only if it adapts to protect savers

Private equity wants In on Your 401(k). Let’s get the safeguards right.

Fortune

We interviewed 62 older Minnesotans who lost white-collar jobs later in life. Nearly 75% refused to move, and 3 big problems kept them locked in place

Laid-off boomers find that careers aren't the same as when they started out. Then there's housing and family.

Fortune

‘Weaponization of a sandwich’ — Subway’s footlong is becoming an icon of resistance against Trump’s D.C. police takeover

The sandwich chain hasn’t responded to the incident. Some experts say it has a responsibility to do so.

Fortune

U.S. shale oil boom transforms from money treadmill into cash cow, Chevron president says

Chevron slows down in the booming Permian as it looks to international growth.

Fortune

Meta is sinking $10 billion into Louisiana to build its wildest AI aspirations, setting the template for the grid buildout

The massive data center buildout is underway, requiring massive amounts of new power and, increasingly, more fossil fuels and gas plants.

Fortune

Before ‘Crazy Rich Asians,’ Henry Golding swept salon floors at 14 for $32 a day and worked as a travel host on his way to stardom

The 38-year-old actor was a globetrotting presenter for BBC and ESPN before Hollywood director John Chu offered him a life-changing role via Facebook DM.

Fortune

‘It’s almost tragic’: Bubble or not, the AI backlash is validating one critic’s warnings

Gary Marcus told Fortune that AI valuations remind him of Wile E. Coyote. “We are off the cliff.”

Fortune

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Fortune

Why banks should leverage AI to serve more than the affluent—and build a financial system for everyone

Around one billion people still lack access to formal financial systems. AI can help close the gap—in part by allowing for collateral-free lending.

Fortune

Russia is ‘teetering on the brink of a recession’ and headed for a disastrous harvest, while Putin’s other top source of cash plunges

“We also think there’s a significant probability of Russia’s economy slipping into a technical recession in the coming quarters.”

Fortune

The Fed is starting to worry about the housing market now

“A few participants noted a weakening in housing demand, with increased availability of homes for sale and falling house prices.”

Fortune

Powell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says

Another contested meeting would mark further deviation from the Fed’s traditional consensus-driven decision-making process.

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Fortune

We built a $1 billion tech unicorn in Europe, living proof that our economy is just as dynamic as America's. Success comes down to three core principles

The next billion-dollar story might not come from California. It could come from a city where the coffee is stronger and the buildings are older.

Fortune

I’m a CEO who was raised by a truck driver and a factory worker. The 2.7 billion shift-based workers around the world need tech that works for them

The question for us as innovators is: Are we building systems that protect that pride or chip away at it?

Fortune

Unlike Jensen Huang, this CEO embraces work-life balance and is proud he takes vacations and coached his kids’ baseball team

With millions of PTO left on the table each year, Lactalis U.S. Yogurt CEO Bill Cassidy argues normalizing time off is a competitive advantage—not a concession.

Fortune

BofA sees the replacement of people with process solving the 'productivity paradox,' because 'A process is almost free and it's replicable for eternity'

"I think people love this AI technology because it feels like sorcery," BofA's Savita Subramanian said. "The truth is it hasn't really changed the world that much yet, but I don't think it's something to be dismissed."

Fortune

Colleges have a new worry: ‘Ghost students’—AI powered fraud rings angling to get millions in financial aid

The DOE found $90 million had been disbursed to ineligible students, including $30 million that went to stolen identities of deceased individuals.

Fortune

Neuralink’s first study participant says his whole life has changed

Noland Arbaugh, who lost movement and sensation below his shoulders in 2016, became P1 at Neuralink in 2024, and it’s opened up a host of opportunities for him.

Fortune

Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’

Commerce Secretary Howard Lutnick previously said the U.S. government should receive equity in return for the CHIPS Act cash grants Intel has received.

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