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The Latest Breaking News from 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

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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.

Fortune

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How do you trust a robot you’ve never met?

Many of the environments where human-facing universal robots can provide benefits — homes, hospitals, schools — are sensitive and personal.

Fortune

I advised Tesla's Special Committee on Elon Musk's historic incentive compensation package. Most critics are missing the point

I'm a corporate governance expert who teaches at a top business school. Let me tell you how this plan was developed through a world class governance process.

Fortune

Aptos cofounder, early employees raise $50 million for crypto fund Maximum Frequency Ventures

Mo Shaikh worked on Meta’s scuttled crypto project Libra before he cofounded the Aptos blockchain.

Fortune

$1.4 billion beverage company Liquid Death names new CFO as it gears up for expansion

“I view the CFO role as a growth driver," says new finance chief Ricky Khetarpaul.

Fortune

America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky

The risk is “that we move from going broke slowly to going broke quickly,” Kelly says.

Fortune

Global markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most’ if it doesn’t surrender

China showed no signs of backing down from President Trump’s trade war.

Fortune

Exclusive: Flow Engineering raises $23 million Series A led by Sequoia to power hardware’s new era

Flow Engineering has raised a $23 million Series A, led by Sequoia and including the Collisons, Fortune has exclusively learned.

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Meghan, Duchess of Sussex, Selena Gomez, and the IMF—all on the same stage

Also: All the news and watercooler chat from Fortune.

Fortune

The $2.5 trillion ocean economy is at a crossroads. Capital must act now

The Prince Albert II of Monaco Foundation believes in leading by example. That's why we created the €100 million ReOcean Fund with Monaco Asset Management.

Fortune

IMF chief Kristalina Georgieva dismisses impact of Trump trade war: 'Trade is like water, you put in an obstacle, it goes around it'

Kristalina Georgieva, managing director of the International Monetary Fund, says fears that “trade is dead” are overblown.

Fortune

Brené Brown says the key to surviving AI is rejecting Jack Welch’s advice and embracing humanity. The problem is humans ‘can’t stand each other’

Treating our humanity like a liability could mean ignoring our greatest superpower, Brown said.

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Fortune

‘Rare earths are a very useful weapon for China’: Former Commerce Secretary Wilbur Ross on the big economic danger

The past week could just be a preview to China weaponizing its entire supply chain, the investor told Fortune.

Fortune

Top defense CEO on America’s ‘anachronistic’ aging infrastructure: ‘Our adversary can use their entire industrial base’

Speaking at the Fortune Most Powerful Women Summit, SAIC CEO Toni Townes-Whitley talked about how war is less about conventional theaters of conflict.

Fortune

CEO says she’d welcome an AI-bot board member: ‘If you don’t have an AI agent in every meeting, you’re missing out’

Hanneke Faber speaks about the value of AI in decision-making at the Fortune Most Powerful Women Summit.

Fortune

Strava CEO says the $2 billion unicorn plans to go public ‘at some point’ as marathon-obsessed Gen Z swaps dating apps for run clubs

CEO Michael Martin said a public listing would provide easy capital for future acquisitions.

Fortune

The rare Taylor Swift backlash, explained: Why some fans feel jilted by the star’s tradwife, almost MAGA-coded turn

Earlier this month, Swift told the BBC it was “shockingly offensive” to ask whether she was dropping her last album before getting married and having kids.

Fortune

Top analyst warns that ‘larger than expected correction is likely’ if Trump and China don’t kiss and make up

If the truce in the trade war doesn’t resume by early November, Morgan Stanley’s Mike Wilson writes, brace for a 10% to 15% haircut.

Fortune

GoFundMe CEO says the economy is so bad that more of his customers are crowdfunding just to pay for their groceries

GoFundMe’s CEO says more Americans are crowdfunding everyday essentials like groceries as high costs and strained household finances persist.

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