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The Latest Breaking News from Fortune

Enough red flags are emerging in U.S. data to justify ‘insurance’ rate cuts next year, says UBS

“There are probably enough concerns about the health of the labor market to justify an insurance rate cut by the Federal Reserve next year,” UBS’s Paul Donovan said.

Fortune

Quantum computing could be a $198 billion industry in the next 15 years, Jefferies analyst says

The downside is that the physics and engineering needed to make quantum computers work have only just moved out of the theoretical realm and into reality.

Fortune

Why more boards are taking a chance on outsider CEOs

Also: All the news and watercooler chat from Fortune.

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Factory 2030 runs on more than code. As a CEO, I see the power of agentic AI—and the trust gap that we must close

Autonomous systems often make headlines. But on the factory floor, the real goal is reliability. And that means keeping humans involved.

Fortune

'Robots are going to be amongst us': Qualcomm exec says buckle up for the next 5 years. Your car is going to be the first shoe to drop

Driver-assisted technology demand is growing for AI features like hands-free highway assist.

Fortune

Prices at the pump are the lowest since the pandemic and still falling—just in time for record-high holiday travel

Fuel and crude prices are near five-year lows as global oil output led by OPEC and the U.S. continues to rise.

Fortune

Is Google running away with the AI race? Its stock price sure seems to say so

Google is emerging as the early winner in the Big Tech AI race—and its stock price is blowing away competitors.

Fortune

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Exclusive: AI for patent filings startup Ankar secures $20 million Series A round

Ankar’s customers, including IP teams at L’Oréal, have reported a 40% productivity boost from using the tool.

Fortune

HashKey shares start trading in Hong Kong, as the city increasingly embraces crypto

Hong Kong has tentatively embraced cryptocurrencies and digital assets as a way to shore up its status as an international financial center.

Fortune

Federal regulators are investigating Nevada OSHA after Boring Co. citations were suddenly withdrawn

A Fortune investigation revealed in November that the citations were suddenly withdrawn earlier this year.

Fortune

Trump turns on CBS, Kushner pulls out and Paramount's hostile bid for Warner Bros. shows signs of collapse

“If they are friends, I’d hate to see my enemies!” Trump, reportedly close friends with Larry Ellison, father of Paramount owner David, is changing tune.

Fortune

Struggling to get AI agents to work? This Google research could help

The researchers found single AI agents do better at sequential tasks, multi-agent workflows at ones that can be done in parallel

Fortune

IBM, AWS veteran says 90% of your employees are stuck in first gear with AI, just asking it to ‘write their mean email in a slightly more polite way’

Using AI as a “teammate” unlocks the true potential of AI productivity, according to Open Machine CEO Allie K. Miller.

Fortune

Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he's writing down $19.5 billion amid a 'customer-driven’ shift

Months ago Farley said the EV market would shrink to 5% of the U.S. vehicle market.

Fortune

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The labor market's holiday present for America: the highest unemployment in 4 years. It might be 'noisy' but the jobs just aren't there

The November jobs report showed unemployment rose to a four-year-high.

Fortune

A SpaceX IPO could be the largest public offering of all time—and Elon Musk's biggest headache

Musk’s space company had avoided much of the scrutiny, criticism, and regulatory burden that comes with going public.

Fortune

As Americans continue to feel the pain from tariffs and inflation, Lidl launches holiday meal deal for less than $4 per person

The total 12-person meal costs $42.66 as Americans’ affordability concerns grow.

Fortune

OpenAI releases new image model as it races to outpace Google’s Nano Banana amid company Code Red

The update follows Sam Altman’s internal “code red” push, as OpenAI races to counter Google’s fast-growing Gemini and its viral Nano Banana image model.

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Accenture exec gets real on transformation: 'the data and AI strategy is not a separate strategy, it is the business strategy'

"Think about the people and the culture," Accenture's Chief Responsible AI Officer Arnab Chakraborty told Fortune. "It is so paramount."

Fortune

AWS CEO says replacing young employees with AI is 'one of the dumbest ideas'—and bad for business: 'At some point the whole thing explodes on itself'

Amazon laid off 14,000 employees this fall, but CEO Andy Jassy denied the reductions were related to AI.

Fortune

Elon Musk's wealth has soared past $600 billion—he's now worth double the next richest person alive, Google's cofounder Larry Page

The SpaceX CEO just woke up $168 billion richer and set the bar for the first person estimated to be worth more than $600 billion.

Fortune

Reese Witherspoon says 'I don’t think my career would be possible' in the age of AI and social media: 'It's a different world'

AI has fundamentally changed the entertainment industry.

Fortune

As millions of Gen Zers face unemployment, McDonald's CEO dishes out some tough love career advice for navigating the market: ‘You've got to make things happen for yourself’

As millions of Gen Z fall into NEET status, McDonald's CEO Chris Kempczinski has some blunt advice for young people: stop waiting around for help.

Fortune

You can make up to $200K working in Trump's new 'Tech Force'—and you don't need a degree or work experience

To be eligible for the two-year program, you need only “strong problem-solving abilities and a passion for public service.”

Fortune

Unemployment hits 4-year high as frozen jobs data shows recession risks getting 'uncomfortably high,' top economist Mark Zandi says

Payroll growth for November came in at a modest 64,000. “There’s just no forward motion,” Moody’s chief economist told Fortune.

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