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The Latest Breaking News from Fortune

Silicon Valley has no monopoly on AI brainpower. That’s why Demis Hassabis is very happy to stay in London

Silicon Valley may lead the AI race, but Demis Hassabis is betting London can rival it—proving world-class talent, and the future of AI, aren’t confined to one place.

Fortune

Markets haven’t rallied this fast since the end of COVID. Iran volatility is just another ‘notch on the belt’ for investors, says JPMorgan strategist

“I know energy prices will move lower, and I know stocks are going to go back to focus again on the other big existential questions that they were asking before all this stuff kicked off,” Jack Manley tells Fortune in an exclusive interview.

Fortune

Study: California’s $20 minimum wage barely raised prices—and proved economists wrong about job loss

“The results are nowhere as dire as predicted,” Berkeley’s Michael Reich told Fortune.

Fortune

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Azzi Fudd: how I learned to use NIL for transformation, not just transactions

The number 1 pick in the WNBA draft explains what she learned about business and growth through a star-studded career at the University of Connecticut.

Fortune

With global oil supplies weeks away from systemic shortages, Trump teases an end to the war

Everything you need to know before you reach the office this morning.

Fortune

Dow’s next chapter under new CEO Karen Carter depends on how fast Jim Fitterling steps back

Also: All the news and watercooler chat from Fortune.

Fortune

Exclusive: Hyfix raises $15 million to build a U.S. alternative to DJI’s drone dominance

The Craft Ventures-backed company is betting that a fully integrated, U.S.-manufactured chip can unlock a new drone supply chain.

Fortune

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Exclusive: Jeremy Renner is betting on the tech that could have saved his life faster: ‘There’s 150 people that are responsible for me not dying’

Renner says he hates AI himself, but then again, he’s an actor: “When AI is used as a tool ... this is the most powerful, most magnificent tool.”

Fortune

The dirty secret behind Big Tech’s AI arms race: Massive hardware investments that are obsolete in 3 years

The new industrial era may be a lot more beneficial to the folks and businesses that use the AI-enhanced products than the enterprises that furnish them.

Fortune

Augusta Precious Metals review [dynamic]current-year[/dynamic]

Augusta sells coins, rounds, and bars for any occasion—but its bread and butter is precious metals IRAs.

Fortune

The billionaire Anthropic cofounder who majored in literature says knowing how to ask the right questions beats knowing how to code

Anthropic’s liberal-arts-educated cofounder says “rote programming” is best avoided.

Fortune

Another month, another record-high home price: March hits $408,800—the 33rd straight increase

The median existing home price rose 1.4% from a year ago even as sales fell 3.6%, the NAR reported. Experts say the market needs up to 500,000 more homes to feel normal.

Fortune

Real estate has had a terrible start to spring—usually housing’s hottest season

Affordability fears, high mortgage rates, and a war in the Middle East are rewriting the rules of the housing market’s most important season.

Fortune

Trump’s economy officially passes Biden’s for worst consumer sentiment in recorded history

The University of Michigan’s index plunged to 47.6 in April—shattering the prior floor set during the 2022 inflation crisis.

Fortune

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Xi Jinping says the world order is ‘crumbling into disarray.’ Larry Fink and the IMF are worried about a global recession

The Iran war, trade chaos, and a shifting geopolitical landscape are converging into what could be the defining economic moment of the decade.

Fortune

Online response to the attack on Sam Altman's house shows a generational divide

Gen Z is furious about AI, and so is the American countryside.

Fortune

Trump’s macho MAGA economy is a bust. But there are plenty of high-paying jobs for men—in nursing and teaching

Tired: Blue collar. Wired: Pink collar.

Fortune

Goldman Sachs makes surprise jump into Bitcoin ETFs with a product one analyst dubs ‘boomer candy’

The filing from a major U.S. bank comes shortly after Morgan Stanley’s Bitcoin ETF launched.

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Fortune

U.S. utilities plan $1.4 trillion spending spree, up 30%, for next 5 years amid AI construction boom

Capital spending plans and consumer rate hikes are rising in tandem even though they aren’t directly linked.

Fortune

Dow’s CEO handoff elevates an insider and seasoned operator

Karen Carter will succeed Dow CEO Jim Fitterling on July 1.

Fortune

Trump’s tariffs dealt economic blows in all 50 states—hurting farmers, exporters, and shoppers alike

What happens when tariffs hit American agriculture? All 50 states found out.

Fortune

Bitcoin, Ethereum approach two-month highs as markets grow optimistic over U.S.-Iran peace negotiations

The rally has seen Bitcoin rise to around $75,000 after falling as low as almost $60,000 in recent months.

Fortune

After attacks on Sam Altman's home, experts see parallels to the Industrial Revolution

64% of Americans say they’re nervous about products and services that use AI.

Fortune

‘Dirty Jobs’ host Mike Rowe is giving away $10 million to get Gen Z into trades—and says the skills gap has never been worse

The TV host’s foundation is doubling the amount of scholarship money it awards to people entering the trades, as he receives 10 times the average number of applications.

Fortune

Coca-Cola chairman James Quincey says climbing the ladder to the C-suite is like Squid Game: 'It's survivor basis'

James Quincey climbed to the top of $325 billion Coca-Cola with the mindset that work and life aren't separate: 'You have to choose how you want to invest your life.'

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