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The Latest Breaking News from Fortune

Cape Cod is considering taxing luxury home sales of $2+ million to raise funds for the housing market's 'missing middle'

The region is one of the latest to introduce a mansion tax.

Fortune

AI anxiety has sent markets into a tizzy, but experts say the jitters will only ‘punish those chasing the froth’

“The crash is separating real AI revenues from companies that only have AI PowerPoints.”

Fortune

Billionaire Epic CEO Judy Faulkner built her $5.7-billion-a-year software firm in a basement. She says not getting an MBA was a ‘really good thing’

As Gen Z questions the value of a degree, Epic CEO Judy Faulkner says she has never been a fan of MBAs—and built a billion-dollar business without one.

Fortune

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Target stock is down 64% over 4 years—and investors who were ‘hoping for an external CEO’ are disappointed by the choice of its next leader

New CEO Michael Fiddelke faces a major cleanup—and fierce competition.

Fortune

The exact salary the ultra-wealthy say they'd need to feel ‘comfortable’ in the current climate has been revealed—and it starts at $500,000

Just 20 years ago, those making $170,000 were considered to be upper-class—but America’s cost of living crisis is pushing up the threshold to feel financially comfortable.

Fortune

President Trump may want a lower base rate on behalf of consumers, but it sure is convenient for national debt too

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest payments on the government’s $37 trillion debt burden—likely a central motivation.

Fortune

Gen Z wants to have their AI cake and eat it, too: KPMG intern survey reveals a generation that wants to have things both ways

They want to be in the office, and they dream of the death of the nine-to-five. They also want real mentorship—on their terms. But maybe they just want to be shown exactly what’s being asked of them.

Fortune

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U.S. tech stocks slide after Altman warns of AI bubble and MIT study casts doubt on the hype

Investors’ long-running enthusiasm for artificial intelligence showed signs of faltering on Tuesday as tech stocks tumbled.

Fortune

GPT-5 is getting all the buzz. But the new open models of AI matter more

Open source models have the potential to provide small businesses with affordable AI they can control.

Fortune

Former SEC commissioner and AI CEO: An AI-enabled future is inspiring, but it takes planning and work

Trust in AI is needed for AI to flourish over time, delivering gains for humanity.

Fortune

CEOs of the world, unite!

From the 1990s to the 2010s, I watched as CEOs flexed their power. It’s time to flex again.

Fortune

Home Depot's pricing strategy to balance margins and customer loyalty, says analyst

For some imported goods, tariff rates are significantly higher today than they were at this time last quarter, according to Home Depot.

Fortune

Crypto startup Legion raises $5 million to bring back ICOs—without the scams

Almost a decade ago, the SEC cracked down on founders who sold tokens to retail traders to raise money.

Fortune

Blockchain.com adds former CEO of KPMG to board as longtime crypto firm eyes IPO

Founded circa 2014, Blockchain.com has been expanding its global footprint and treasury services business.

Fortune

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Fortune

With its hire of top Trump crypto official Bo Hines, the stablecoin giant Tether is trying to outrun its past.

Tether has a market cap of $167 billion, but its history of compliance questions puts its regulatory future in doubt.

Fortune

Goldman Sachs says we’re on the verge of a stablecoin gold rush worth trillions

U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will sell more short-term debt to meet that demand.

Fortune

This millennial gut health scientist and founder juggles 5 jobs and 2 kids—she has a 'strict' coffee routine and swears by $20-a-day lunch habit

Dr. Megan Rossi, the 36-year-old award-winning gut health scientist and TV expert swears by a 20-minute Peloton bike ride for when it all gets too much.

Fortune

Some CEOs fear AI could become the user interface for almost everything

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Fortune

Asia’s elderly risk getting sicker for longer. Hotelier Allen Law wants to ‘bridge the gap’ between lifespan and healthspan

Law sees longevity as one of the two biggest business opportunities over the next decade due to rapid AI advancements and post-COVID lifestyle changes.

Fortune

The last time the Fed cut rates against rising inflation was right before the Great Financial Crisis. BofA warns of the 'Ghosts of 2007'

Conditions are like they were in 2007, or in the late 1990s, depending on how you look at the Fed raising rates during rising inflation, and the top 50 stocks dominating.

Fortune

MAHA is reshaping Amazon and other consumer packaged goods companies’ supply chains more than tariffs right now, manufacturing platform CEO says

Keychain, a manufacturing platform, has seen an uptick in “natural” projects from its customers as food retailers respond to the healthy eating push.

Fortune

Sam Altman’s AI paradox: Warning of a bubble while raising trillions

Sam Altman says AI might be in a bubble—then touts trillions for OpenAI’s buildout. Call it the paradox powering Silicon Valley’s biggest spending spree.

Fortune

A quarter of Gen Zers have followed ChatGPT’s career advice—and just 3% have regrets

Step aside career and guidance counselors, new graduates are asking ChatGPT what their next moves should be.

Fortune

Teen prodigy Kairan Quazi is ditching SpaceX for billionaire Ken Griffin’s Citadel Securities

Quazi has defied every expectation since he was 10. Now the teen prodigy is defying the allure of Silicon Valley.

Fortune

The AI revolution will cut nearly $1 trillion a year out of S&P 500 budgets, Morgan Stanley says—largely from agents and robots doing human jobs

Read the fine print, though. The bank says this would “likely take many years to achieve,” and there’s a “significant risk” of many firms not reaching full adoption.

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