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The Latest Breaking News from Fortune

'Scandalous’: top economist Jeremy Siegel warns U.S. sleepwalked into rare-earths crisis as China tightens its grip

The Wharton professor says Washington ignored the mineral threat for decades, leaving U.S. supply chains exposed and Beijing in control of 90% of global refining.

Fortune

Former Apple CEO says ‘AI has not been a particular strength’ for the tech giant and warns it has its first major competitor in decades

John Sculley suggested CEO Tim Cook’s successor should focus less on apps, and more on agentic AI to compete with OpenAI.

Fortune

Peter Thiel says he warned Elon Musk to ditch donating to The Giving Pledge because Bill Gates will give his wealth away ‘to left-wing nonprofits’

"What am I supposed to do—give it to my children?" Musk responded, as Thiel recounted. "You know, it would be much worse to give it to Bill Gates."

Fortune

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Would-be homebuyers are getting cold feet and backing out of deals at a record pace as some sellers have a ‘hard time adjusting’ to new reality

About 56,000 U.S. purchase agreements were canceled in August, representing 15.1% of homes that went under contract that month, Redfin said.

Fortune

Argentina passes the begging bowl, again

Maybe President Trump has bet on a dead horse. After all, Argentina has never been a good bet.

Fortune

CEO of $8 billion AI company says it’s ‘mind-boggling’ that people think you can work 38 hours a week, have work-life balance, and be successful

Cerebras cofounder Andrew Feldman warned aspiring entrepreneurs they need to be working “every waking minute,” echoing the likes of Zoom CEO Eric Yuan and LinkedIn’s Reid Hoffman.

Fortune

Crypto markets rebound after $19 billion wipeout leaves traders reeling

Bitcoin and Ethereum prices are recovering after traders suffered the largest liquidation event ever tracked by analytics firm CoinGlass.

Fortune

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The UK government will pay you $120K to convince the public that it's successfully tackling illegal immigration

The UK Government has quietly posted a six-figure job ad not for a policy expert or border agent, but for a communications lead whose main mission is to make the public believe Labour is tackling immigration.

Fortune

How ‘workslop’ is wasting workers’ time and creating AI resentment

While CEOs encourage workers to use AI liberally, they may also be injecting friction into their operations. It turns out corporate America is awash in "workslop."

Fortune

Fortune's Most Powerful Women Asia 2025 list includes top CFOs from Huawei, ByteDance, Sony, Temasek

MPW Asia 2025 includes founders and C-suite leaders whose influence crosses borders and industries.

Fortune

Kalshi is the early leader in prediction markets, but its rival Polymarket is worth nearly twice as much. Why?

Polymarket is a crypto-native company, which could put it in position for a windfall.

Fortune

The protein bar startup David is upending food science through its venture-backed experiments—and it’s just getting started

Inside the front lines of the protein wars.

Fortune

The search for corporate America’s next Fortune 500 CEOs

Fortune is now accepting nominations for the 2025 Next to Lead list, recognizing executives who will shape the next era of business.

Fortune

Trump bet China would face ‘tremendous difficulties’ without U.S. consumers—Beijing just focused on the rest of the world instead

China’s trade diversification has been so successful that its export market is growing significantly despite the trade war.

Fortune

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Fortune

Wall Street thinks Trump will be forced to make a deal for China’s rare earth minerals

China holds an unexpectedly strong hand in the trade war, and the U.S.’s tariffs have been counterintuitively positive for China.

Fortune

The immigration crackdown is ‘much, much worse’ for business than tariffs, some CEOs say

Also: All the news and watercooler chat from Fortune.

Fortune

Dow futures jump nearly 400 points as markets eye another serving of the TACO trade after Trump says ‘Don’t worry about China’

“Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!”

Fortune

U.S. troops are going to Israel to support the Gaza ceasefire, but JD Vance vows no ‘boots on the ground’

“They’re going to monitor the terms of the ceasefire. They’re going to monitor, ensure that the humanitarian aid is flowing.”

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news in one place.

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Fortune

China’s rare earth controls can ‘forbid any country on Earth from participating in the modern economy,’ former White House advisor warns

“They can do this because they diligently built industrial capacity no one else had the fortitude to build.”

Fortune

The new corner office is at home

We're Columbia Business School professors and we know there’s no shortage of felt unfairness in the workplace, especially when it comes to remote work.

Fortune

A millennial father-of-six turned homelessness into a six-figure trades business—and it’s a blueprint for America’s reskilling revolution

"'We as a country have done a poor job equipping our children for life," Arkeem Sturgis tells Fortune. Some people "want to work with their hands."

Fortune

Gen Z coder rejected by the Ivy League despite founding a $30 million app says college is 'not worth it for most people'

Although he started his first business at just ten years old, earned a perfect 4.0 GPA, and achieved a 34 on the ACT, he was still rejected by the Ivy League.

Fortune

Ben Horowitz and Raghu Raghuram on AI, politics, and the questions they don’t have easy answers to

As the former VMware CEO joins VC firm a16z, Raghuram and Horowitz sat with Fortune for a candid conversation about the state of things.

Fortune

‘Psychology of Money’ author Morgan Housel follows the same morbid success measure as Warren Buffett—a “reverse obituary”

The behavioral finance known for his bestseller The Psychology of Money, unveils the psychology behind spending.

Fortune

Trump’s tariff revenue checks could create a ‘weird feedback loop’ that encourages more price hikes, analyst says

But the inflationary effects may not be as severe as Biden’s COVID-era stimulus checks were.

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