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The Latest Breaking News from Fortune

Meet the millionaires living the 'underconsumption' life: They drive secondhand cars, batch cook, and never buy new clothes

From thrifted clothes to no gifts at the holidays, these millionaires are living an 'underconsumption' life which has opened up financial freedom.

Fortune

Amazon's Alexa chief predicts an end to doom scrolling: the next generation is 'going to just think differently'

"You've got to make sure you have products in their pockets, on their bodies, in their homes that they don't expect," Panos Panay said at Brainstorm AI.

Fortune

Chinese billionaire who has fathered more than 100 children hopes to have dozens of U.S.-born boys to one day take over his business

Xu Bo, the founder of one of China’s largest mobile gaming companies, is looking to have “50 high-quality sons” in the U.S. to take over his billion-dollar empire.

Fortune

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The real AI revolution is going from the information era to the 'intelligence era,' Paypal senior VP says. That means your focus should be tokens

As companies transition from data retrieval to AI generating data on the spot, tokens are more important than ever.

Fortune

The global empathy crisis that confronts us this Christmas

Empathy levels diminished 14% across the U.S. after the pandemic, with the steepest drop among millennials, according to a United Way survey.

Fortune

Layoff announcements used to boost stock prices. Not anymore says Goldman Sachs

Analysts ran the numbers and found a surprising change in how investors are reacting to layoff announcements.

Fortune

Cursor CEO warns vibe coding builds 'shaky foundations' and eventually 'things start to crumble’

“Vibe coding refers to a method of coding with AI where you kind of close your eyes and you don't look at the code at all and you just ask the AI to go build the thing for you.”

Fortune

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The Fed may have reassured Powell that it's safe to leave the board early when a new chair takes over. 'I think he's done with this job'

Given Powell's commitment to Fed independence, there were doubts that he would leave the board when his replacement as chair comes in.

Fortune

Obama’s former top economic advisor says he feels 'a tiny bit bad' for Trump because gas prices are low, but consumer confidence is still plummeting

“Consumers are just in this, whatever the highest price is, is the price they're going to focus on,” Harvard professor Jason Furman said.

Fortune

Meet the millennial father of six who rebuilt his life through the trades—and questions America’s obsession with college

"We as a country have done a poor job equipping our children for life," Arkeem Sturgis tells Fortune. Some people "want to work with their hands."

Fortune

GDP data confirms the Gen Z nightmare: the era of jobless growth is here

"I've never seen anything like it," KPMG's chief economist Diane Swonk told Fortune.

Fortune

Investment giant Vanguard's CIO is placing tech bets today to create the AI advisor of tomorrow

Vanguard CIO Nitin Tandon says AI can be used to hyper-personalize guidance for customers.

Fortune

Utility CEO on the data center crunch: America's 'check engine light' is on and 'no one's going to pay attention until it breaks down'

"We are telling policy makers the warning lights are on," Exelon CEO Calvin Butler told Diane Brady at Fortune Brainstorm AI in San Francisco.

Fortune

CEO of a $134 billion software giant blasts companies with billions in funding but zero revenue: 'That's clearly a bubble, right… it's, like, insane'

Databricks CEO Ali Ghodsi says he's hearing from venture capitalists "maybe I should just go on a break for, like, six months" to let the bubble simmer.

Fortune

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This millennial home designer spent 9 months building a replica of ‘The Holiday’ cottage—now it’s renting fast at $499 a night

Lucy Small, a Georgia-based home designer, had 4,000 fans lined up to rent her festive cottage years before it hit the market. She says the home is so special that its success can’t “be replicated.”

Fortune

Why 4.3% GDP growth proves the 'vibecession' theory is historically wrong

Go beyond the grocery receipt: reality has math and the economy is recovering right now, period.

Fortune

Why gold went through the roof this year—and why its price may be permanently higher

Research from Duke University suggests that the introduction of gold exchange-traded funds permanently pushed up the price of gold.

Fortune

Trump administration bars Europeans from U.S. for pressuring tech firms to ‘censor’ American speech

The move targets architects of the EU’s Digital Services Act and anti-disinformation advocates—triggering diplomatic condemnation from Europe’s leaders.

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Fortune

How AI is redefining finance leadership: 'There has never been a more exciting time to be a CFO'

Finance chiefs say 2026 will mark AI’s shift from experimentation to enterprise impact.

Fortune

Trump just declared Christmas Eve a national holiday. Here’s what’s open and closed on Dec. 24

It’s one of two new holidays he announced.

Fortune

Expedia CEO Ariane Gorin on the fight to ensure AI doesn't turn her brands into invisible pipes consumers never see

Also: All the news and watercooler chat from Fortune.

Fortune

The AI startups founders and VCs say could be acquisition targets in 2026

Some businesses have the tools and track records that tech giants crave.

Fortune

CEOs reveal their New Year’s resolutions for 2026: From 8-day bike races and AI training to finally cracking 7 hours of sleep a night

Beyond the boardroom, CEOs are setting goalposts for their own growth. Here’s what execs are hoping to achieve in 2026.

Fortune

‘Precarious’ is Wall Street’s defining word for 2026

Labor market softness, recession fears, AI bubbles, and Fed questions are all top of mind as Wall Street heads into 2026.

Fortune

In 2026 CFOs predict AI transformation, not just efficiency gains

More than a dozen finance chiefs predict how AI will continue to shape finance.

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