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The Latest Breaking News from Fortune

Symphonic Capital unveils $13.5 million first fund to back digital health and fintech startups

Symphonic Capital has closed its $13.5 million first fund, Fortune can exclusively report.

Fortune

The Fed's Tom Barkin is a former McKinsey CFO. Here's his advice on how to ride out a crisis

There's currently a "deep fog of uncertainty" that's surrounding businesses, said Barkin, CEO of the Federal Reserve Bank of Richmond.

Fortune

Goldman Sachs pulled its recession call moments after Trump pressed pause on tariffs. Moody's chief economist isn't convinced: 'I take no solace in the president's announcement'

Markets are bouncing back, but not everyone is so relieved.

Fortune

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Get ready to pay more than $2,000 for a new iPhone: Experts say Trump's 125% tariff on China is a 'complete disaster for Apple' akin to 'Armageddon'

Trump's 125% tariff on China could soon make the latest iPhone unattainable for most Americans, experts warn.

Fortune

Ron Wyden says the U.S. economy 'has gone from the envy of the world to a laughingstock in less time than it took to finish March Madness'

The senator laments how Trump and his advisors refuse to give a straight answer about the end-goal of tariffs.

Fortune

America’s largest egg producer saw profits triple last quarter after raking in millions in government assistance

Egg giant Cal-Maine sold 20% more eggs, but collected about 350% more dollars as it did pre-pandemic.

Fortune

North Korean IT workers are spamming tech firms with fake résumés. One founder says he came up with 'a foolproof way' of weeding them out

Trained North Korean engineers are getting legitimate jobs in tech to fund their country’s weapons of mass destruction program.

Fortune

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Prada scores a $200 million discount on imminent Versace deal thanks to tariff uncertainty, report says

After months of speculation, Prada's acquisition of Versace might finally happen—but the tariffs impact the deal's price.

Fortune

Trump has saved stocks, but killing world confidence in the Dollar, ECB council member says

The head of the Bank of France says America's USP of 'constancy' is at risk from Trump's erratic trade decisions.

Fortune

7 questions for Valvoline Global CEO Jamal Muashsher, who was once a producer on a Bear Grylls TV show

Valvoline Global CEO Jamal Muashsher came to the company after a stint at Procter & Gamble, where he sold skincare products. Now he's running a $3 billion oil behemoth owned by Saudi Aramco.

Fortune

Co-founder of $12 billion crypto company says Gen Z new hires 'create an absurd amount of chaos' and make him want to pull his hair out—but he's betting on them anyway

Paradigm CEO Matt Huang feels like he’s “running the X-Men Academy”. While other leaders complain about their Gen Z new hires, the crypto chief is going against the grain and promoting them into the C-suite.

Fortune

'Nobody’s ever heard of it. It’s gonna be a record': Donald Trump is claiming victory for the stock market’s rebound

The White House claimed the "art" of Trump's deal hadn't been appreciated by media and the markets.

Fortune

CEOs are reeling over the tariff chaos of the last few days: ‘My head is spinning right now’

Also: No help for Apple, OpenAI countersues Elon Musk.

Fortune

8 signs your work-life balance is in poor health—and how to fix it

For some of us, work is life.

Fortune

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Fortune

The bond market selloff badly rattled investors. Here's what analysts are saying about this key market and what's to come

When 10-year Treasury yields head in the wrong direction that has major implications for the U.S. economy.

Fortune

A 23-year-old spent his last $500 on memecoin—and then shot himself playing Russian roulette

After his death, memecoin traders turned a profit from tokens named after his online persona.

Fortune

Asian markets celebrate Trump’s trade flip-flop, even as he maintains historically high tariffs—and not just on China

It’s not just 125% tariffs against China: There are still 10% tariffs on all U.S. imports, 25% tariffs on imported cars and steel …

Fortune

Finland's Oura went from a tiny Kickstarter campaign to a $5.2-billion start-up with Cristiano Ronaldo and Prince Harry among its fans

Oura just capped off a funding round that will help the Finnish company look “beyond rings,” CEO Tom Hale said.

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Fortune

Russian economy grows at slowest pace in 2 years—plunge in oil prices could make things much worse

Oil prices fell to four-year lows as the U.S. and China stepped up their trade war, putting extra pressure on Russia’s key export.

Fortune

Markets might be celebrating but ‘every portfolio manager’ is trying to figure out how long the roller coaster will last

With China tariffs increased to 125% but other tariffs on pause, there is a treasure trove of open questions for investors and CEOs to contend with.

Fortune

Walmart CEO says 'there will be a Christmas' despite lingering fears of a trade war

The retailer has not canceled any orders yet because of the tariff drama.

Fortune

Why Chipotle won't raise prices even in the event of tariffs, according to CEO Scott Boatwright

"I think it's unfair to the consumer to pass those costs off to the consumer, because pricing is permanent," Boatwright told Fortune.

Fortune

AI’s job boom? Not before the bust

The gap between the AI displacement of jobs and the AI creation of jobs is where the real problem lies.

Fortune

Trump didn’t care that the stock market was crashing. Bond yields were the ‘pain point’ that finally got him to pause tariffs

An alarming spike in 10-year Treasury yields finally persuaded Trump to act on tariffs.

Fortune

I’ve spent decades building tech that changes how we work. Here’s why AI agents won’t take your job

AI agents do not remove the need for humans. They eliminate the drudgery that gets in the way of real work.

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