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The Latest Breaking News from Fortune

U.S. dollar’s decline has room to run, but AI boom could stop it

Investors betting on U.S. AI leadership could soften the blow of waning dollar dominance, allowing America to go from “hyper exceptional to merely exceptional.”

Fortune

Former CEO sentenced to prison for stock trades in milestone case

A lawyer for ex-Ontrak CEO and executive chairman Terren Peizer called the case a “true miscarriage of justice from the get-go.”

Fortune

TV and movies are so expensive to produce not even AI will make a significant financial difference—and the streaming wars are to blame

Content production experts warn AI might not help lower the costs of making television and movies.

Fortune

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Ceasefire between Israel and Iran already being tested as markets bet it will stave off ‘stagflationary shock’

The rapidly unfolding events whipsawed world markets that briefly appeared to have avoided an oil shock and the uncertainty of a wider Middle East conflict.

Fortune

Markets edge higher Monday after Iran fires missiles at U.S. base in Qatar

“Historical precedent of markets selling off initially, only to recover and make new highs, has led investors to be a bit more level-headed about their reaction,” says one analyst.

Fortune

Entrepreneur and investor Gary Vee's top tips to use and embrace AI

Vee thinks fear and ignoring AI will only harm you in the long run.

Fortune

Inside the legal business of Jeff Bezos' marriage to Lauren Sanchez

The Amazon founder, who is worth nearly $224 billion, is set to wed fiancée Lauren Sanchez this week.

Fortune

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The Strait of Hormuz is a critical choke point for global energy markets, but there are ways to get around it

About 20 million barrels of oil a day flow through the Strait of Hormuz, or the equivalent of 20% of global petroleum liquids consumption.

Fortune

Anthony Pompliano strikes deal to create publicly-traded Bitcoin treasury company

The company will spend up to $1 billion to establish a Bitcoin treasury.

Fortune

'House of Cards' star Robin Wright says Netflix made her juggle three jobs to earn the same $500,000-per-episode salary as her costar Kevin Spacey

The 59-year-old Forrest Gump and Wonder Woman star said she was told she wouldn’t be paid equally because she “didn't win an Academy Award.”

Fortune

Social Security is set to dry up even sooner than expected—and younger generations will pay the price

If Congress does not act, then workers face a 23% automatic benefit cut in a few years.

Fortune

New York's making a new nuclear-power facility, the country's first major one in over 15 years

Governor pushes for 1 gigawatt of additional nuclear power.

Fortune

Gen Z is facing a job market bloodbath—but JPMorgan CEO Jamie Dimon says employers are still chasing students who studied these fields

The billionaire JPMorgan Chase CEO isn’t wrong about the value of studying computer science—research shows that it can increase earnings by 8%.

Fortune

Heinz introduces 'breakfast ketchup.' Your bacon and eggs may never be the same

Maybe don't put it on your pancakes, okay?

Fortune

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Fortune

Melinda French Gates says some tech titans siding with Trump are doing 'what some comms person' tells them to do instead of living by their values

"We, of all times right now, should be living those values out, not pivoting to what some comms person tells us is the right thing to do. That would be ridiculous," French Gates said.

Fortune

Tesla robotaxi finally launches but hiccups include long wait times, Pokemon-style hunts for the car and even driving in wrong lane

While Tesla attempted to minimize risks in part by inviting out-of-town influencers from the Tesla community, there were some issues.

Fortune

The IPO market is booming—and more big listings like Klarna and StubHub could come this fall

More companies have gone public this year than any time since 2021.

Fortune

Google advertising exec oversees rapid change

Vidhya Srinivasan led Amazon Web Services' first cloud data centers launches before taking on a pivotal transformation at Google.

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Fortune

DeFi company Blueprint Finance raises $9.5 million from Polychain Capital

The company will spend the money raised in this round on hiring, engineering and marketing.

Fortune

How to talk to employees about potential ICE raids

As President Donald Trump increases the pressure on ICE to make more arrests, employers should be able to communicate with an anxious workforce.

Fortune

Leading AI models show up to 96% blackmail rate when their goals or existence is threatened, an Anthropic study says

Anthropic emphasized that the tests were set up to force the model to act in certain ways by limiting its choices.

Fortune

Harvey raises $300 million at $5 billion valuation to be legal AI for lawyers worldwide

Legal LLM Harvey has raised a $300 million Series E at a $5 billion valuation.

Fortune

Gen Z's job ladder isn’t breaking because of AI—but it’s evolving, says LinkedIn COO

LinkedIn COO Dan Shapero told Fortune in Cannes: “Navigating the transition to an AI economy is probably going to be the issue of the next decade."

Fortune

MIT researcher shares key lessons from over 100 AI prompt-a-thons

It's about thinking and collaborating more intelligently with AI, Michael Schrage said.

Fortune

As Trump floats regime change to ‘Make Iran Great Again’, Deutsche Bank warns Europe has drawn the short straw in escalating conflict

Europe may have drawn the economic short straw after the U.S. intervened in Middle East tensions, while JPMorgan warns the volatility may be set to last.

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