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The Latest Breaking News from Fortune

Trump’s BLS appointee suggests suspending jobs report entirely until methods of data collection are ‘corrected’

"It’s a serious problem that needs to be fixed immediately," E.J. Antoni told Fox Business, adding that he may switch to a quarterly report.

Fortune

China’s youth unemployment is so bad that Gen Z job-seekers are paying $7 a day to pretend to work in an office

Like U.S. college graduates, China’s young professionals are struggling to land jobs But instead of bed rot and doom spending, they’re paying up to $1800 a year to pretend to work at faux offices.

Fortune

Despite growing up as ‘screenagers,’ Gen Z enjoys working behind a screen from home full-time less than any other generation

Gen Z and JPMorgan’s CEO Jamie Dimon have one thing in common—neither are fans of fully remote work

Fortune

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Spirit Airlines warns it might not be able to survive the next year

“There is substantial doubt as to the Company’s ability to continue as a going concern within 12 months.”

Fortune

Elon Musk's Tesla diner has already slashed its menu and restricted hours less than three weeks after its grand opening

Farewell Epic Bacon.

Fortune

Trump threatens legal action against Powell over Fed HQ, demands immediate rate cuts as inflation holds steady

Trump returned to his sharp critiques of the Fed chair, saying: “Jerome ‘Too Late’ Powell must NOW lower the rate” after the inflation report came in a bit cooler than expected.

Fortune

Jerome Powell’s job just got a whole lot easier as inflation data sidesteps disaster

July inflation data suggests the FOMC’s dual mandate may not be in as much of a pickle as economists previously feared.

Fortune

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Bosses are making their staff return to the office or quit—but they’re notably absent themselves

Just 7% of CEOs say they go into the office full-time, despite a quarter believing a return to the office full-time is a priority.

Fortune

Apple has a new AI problem—this time from Elon Musk

Musk is threatening “legal action” if Apple doesn’t knock ChatGPT off the top of its App Store.

Fortune

Self-made multimillionaire behind $4 billion Skims empire says she was ‘using AI like a 42-year-old woman’—until Mark Cuban gave her a wake up call

EXCLUSIVE: Self-made multimillionaire Emma Grede—cofounder of Skims and Obama Foundation board member—is known for building billion-dollar brands. But she tells Fortune she was using AI like a search engine until fellow Shark Tank star Mark Cuban gave her a "kick."

Fortune

Advice to Gen Z from the Yale Center for Emotional Intelligence's founder: Your feelings at work aren’t a liability—they’re your superpower

If you’re part of the generation that’s been told to “bring your whole self to work,” only to feel punished for doing exactly that—you’re not imagining it.

Fortune

Exclusive: Profound raises $35M as Sequoia backs its ambitious bid to become the Salesforce of AI search

The startup wants to help brands stay visible as AI reshapes search, in what backers call a once-in-a-generation marketing shift.

Fortune

ChatGPT-5 underwhelming you? Here's what it can do that older models couldn't—and where other AI chatbots still shine

OpenAI had glowing things to say about ChatGPT-5. Users aren't as convinced.

Fortune

Trump wants Medicare to pay for your Ozempic treatment. Taxpayers may foot the bill for billions in fraud

As lawyers who represent whistleblowers under the False Claims Act, we expect a new era of fraud cases tied to GLP-1 drugs, including Wegovy, Ozempic, and Mounjaro.

Fortune

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Fortune

Markets cashed in on the war in Ukraine but may like peace with Russia even more, top analysts say

Russia has broken 190 different “deals” over Ukraine since 1994, so it is unlikely that Europe will stop preparing for future action from Moscow.

Fortune

Markets are so used to the TACO trade they didn’t even blink when Trump extended a tariff delay with China

Once upon a time, a decision to delay sky-high tariffs on China would have been an 11th hour save—but in 2025 markets barely noticed.

Fortune

What’s keeping CFOs on alert? It's a combination of three key factors

U.S. Bank’s Stephen Philipson discusses what he's hearing from America’s finance chiefs.

Fortune

Exclusive: Squint raises $40 million at $265 million valuation to modernize manufacturing for companies like Pepsi and Michelin

Squint has raised a $40 million Series B at a valuation of $265 million, Fortune has exclusively learned.

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Fortune

Fame, fury, and flannel: How 39-year-old critic kingpin Anthony Fantano governs his YouTube empire

Other platforms are important, but "literally in terms of paying my bills, it's YouTube," Anthony Fantano tells Fortune.

Fortune

How deals with Apple and Trump’s Pentagon turned rare earth miner MP Materials into a red-hot stock

MP Materials aims to build a U.S. rare earths and magnets supply chain that can eventually compete with China.

Fortune

What CEOs really think about Nvidia and AMD's China export deal: 'Brilliant, a tariff that we don’t have to pay'

Also: All the news and watercooler chat from Fortune.

Fortune

Six cities--Singapore, Bangkok, Ho Chi Minh City, Jakarta, Kuala Lumpur, and Manila--face at least a "high risk" of extreme precipitation and heatwaves.

Bangkok, Jakarta, and Manila are among the cities facing at least a "high risk" of extreme rain and heatwaves, according to Zurich Resilience Solutions.

Fortune

Exclusive: Fintech giant Stripe building ‘Tempo’ blockchain with crypto VC Paradigm

Stripe’s newest push into crypto comes as the company has made an aggressive push into stablecoins.

Fortune

Disney adds to sports streaming war chest with ESPN/Fox bundle priced at $39.99 per month

You can save $10 a month by signing up for this bundle, instead of ESPN’s and Fox’s separate stand-alone services, debuting in August.

Fortune

The new American workplace crisis: Return-to-office mandates lead to a working mom exodus

Mothers working remotely often face the “motherhood penalty”—less pay, fewer raises, and limited promotion prospects.

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