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The Latest Breaking News from Fortune

JPMorgan CEO Jamie Dimon says people who don’t think job losses due to AI are inevitable, ‘should stop sticking their head in the sand’

The Wall Street bank chairman and CEO said AI is going to displace jobs but it will also dramatically increase people’s quality of life.

Fortune

Europe’s China dilemma: Does the EU need to pick between faster decarbonization and green industry?

Despite the EU sourcing a record 47% of its energy from renewables in 2024 and investing heavily in the sector, much of the technology driving this green transition is still imported.

Fortune

Amazon is planning a new wave of layoffs, sources say

Amazon’s 10,000-plus-employee HR division, which includes recruiters, is expected to be among the hardest-hit in the job cuts.

Fortune

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Kamala Harris doesn't believe her presidential run was her finale: A glass 'cliff suggests finality, and I’m not into that'

The former vice president spoke Tuesday at Fortune's Most Powerful Women conference in Washington, D.C.

Fortune

Jamie Dimon gets real on AI, sees stocks ‘in some form of bubble territory’

The JPMorgan CEO told Fortune: “You can’t look at AI as a bubble, though some of these things may be in the bubble.” And AI is different from generative AI.

Fortune

Jamie Dimon’s latest crypto comments show CEO is warming to blockchain, silent on Bitcoin

The JPMorgan CEO has been an outspoken critic of Bitcoin, though his bank is experimenting with blockchain and stablecoin implementations.

Fortune

Ulta Beauty CEO says when you get passed up for opportunities, 'you can either choose to be bitter or you can be better'

Kecia Steelman stepped into the chief executive role at Ulta 10 months ago after serving as chief operating officer.

Fortune

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Powell just gave his strongest hint yet that rate cuts are coming, and investors are jubilant: ‘Stage is set for parabolic Q4’

Powell gave two strong signals that liquidity will soon be injected into the market.

Fortune

‘Bitcoin Jesus’ reaches $50 million deal with DOJ to dismiss tax evasion charges

Roger Ver’s agreement with prosecutors is the latest sign that President Donald Trump’s administration is scaling back a crackdown on crypto.

Fortune

Why the Supreme Court may choose to uphold Trump's tariffs: 'It would be incredibly disruptive to scramble those eggs'

Reversing Donald Trump’s sweeping tariffs stands to upend billions in trade flows and test the limits of presidential power.

Fortune

Best Buy’s CEO says growing spending power gap between affluent and poor ‘keeps me up at night’

A growing reliance on wealthy shoppers is a long-term threat to the economy, the CEO says.

Fortune

GoodRx CEO says successful leadership is about more than staying calm through chaos: It’s about bosses reclaiming control

The post‑pandemic pendulum swung too far in employees’ favor, warns GoodRx’s Wendy Barnes—and business leaders need to build resilient teams that execute under pressure.

Fortune

From Doritos to Pop-Tarts, Big Food’s $67 billion obsession is protein-packed everything: ‘It’s going to keep coming’

The new Pop-Tarts will cost $3.99, slightly more than their standard non-protein counterparts.

Fortune

Meghan, Duchess of Sussex, on how her ‘complicated relationship’ with social media shaped her business strategy

“I also recognize the role that it plays in business,” she said at the Fortune Most Powerful Women Summit.

Fortune

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Fortune

A handful of bad data can 'poison' even the largest AI models, researchers warn

A new study from Anthropic undermines the AI conventional wisdom that greater scale means greater safety.

Fortune

Beth Ford says 'we need more legal immigration' to help American farmers because a lack of labor could trigger a 'black swan event'

The CEO of Land O'Lakes knows a thing or two about the importance of immigration to farmworkers.

Fortune

Even workers earning more than $500,000 annually are living paycheck to paycheck—thanks to ‘lifestyle inflation,’ they're continuing to splurge money they don't have

America’s top earners feel just as broke as workers scraping by on less than $50,000, thanks to soaring food, housing, and luxury item costs.

Fortune

OpenAI’s ‘flatlining’ subs in Europe: The AI boom’s poster child may be struggling to recruit new subscribers, Deutsche Bank warns

“The poster child for the AI boom may be struggling to recruit new subscribers to pay for it,” said analysts Adrian Cox and Stefan Abrudan.

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Fortune

Goldman economists on the Gen Z hiring nightmare: ‘Jobless growth’ is probably the new normal

“History also suggests that the full consequences of AI for the labor market might not become apparent until a recession hits.”

Fortune

As billionaire wealth soars $33 trillion, Mark Cuban says it's time for workers to receive a cut of their employers' success in the form of stocks

Billionaire wealth has increased by $33 trillion since 2015—and Mark Cuban says employees deserve a piece of that pie too.

Fortune

‘It seems like they don’t care about us’: Rural America ruptured as coal miners protest lax rule enforcement linked to black lung

Miners on Tuesday are gathering outside the Labor Department building to protest the Trump administration’s response to black lung.

Fortune

As AI fears continue, executives say a human in the loop is not enough—workers need to prioritize one skill

Workday, Microsoft, and Guild executives say AI will reward workers who can think critically and have good judgment.

Fortune

Goldman Sachs posts record 3Q revenue of $15.18 billion. Solomon cites ‘improved market environment’

CEO David Solomon said the bank is prioritizing efficient operations “to seamlessly deliver the firm to our clients helped by new AI technologies.”

Fortune

JPMorgan beats expectations with strong earnings as Jamie Dimon says the U.S. economy ‘generally remained resilient’

“Each line of business performed well,” CEO Jamie Dimon wrote in the earnings release.

Fortune

Jeff Bezos warns Gen Z to think twice before dropping out of college like Bill Gates or Mark Zuckerberg: 'These people are the exception'

The billionaire Amazon founder advises Gen Z to finish college and climb the corporate ladder—like he did. “I started Amazon when I was 30, not when I was 20," Jeff Bezos warned.

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