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The Latest Breaking News from Fortune

Trump's new China tariff sparks wide sell-off, wiping 2.7% off the S&P 500 on the bull market's third birthday

“Some very strange things are happening in China!” Trump posted, hinting that he’ll cancel his upcoming talk with Xi Jinping.

Fortune

Goldman’s chief information officer has 4 tips on how to AI-proof your career, including ‘posing provocative, non-obvious questions’

“While AI excels at refurbishing existing knowledge,” according to Marco Argenti, “its true creative potential is unlocked by human curiosity.”

Fortune

Kevin O’Leary says the best time to start a business is during chaos

“If you look for the path of least resistance, you want to find big opportunities because of disruption.”

Fortune

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The remote work fight isn’t over: Workers are willing to take a major pay cut, up to 25%, according to new Harvard study

Harvard, Brown, and UCLA researchers found workers would be willing to take a massive pay cut to work from home.

Fortune

New 2026 tax brackets are here: What higher thresholds and a bigger standard deduction mean for paychecks and the top 1%

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and easing bracket creep for most filers, while the 37% top rate still applies at higher incomes.

Fortune

'Is AI hurting growth?' Top analysts say their clients are starting to worry as the 3-year bull market shows its age

“It seems you can’t go anywhere without talking about AI,” says Aditya Bhave, senior U.S. economist at Bank of America Research.

Fortune

Before ‘Abbott Elementary,’ Janelle James did it all—waitressing, personal chef, party planner, sewing teacher. Now she’s making over $4 million a season

Before landing a $200,000-per-episode salary on Abbott Elementary, Janelle James did ‘every hustle in the book’ to stay afloat.

Fortune

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‘Oh, my God’: Watch the emotional moment Venezuela’s ‘Iron Lady’ María Corina Machado discovers she won the Nobel Peace Prize

Machado becomes only the 20th woman to receive the Nobel Peace Prize and the first Venezuelan recipient. For now, she remains in hiding.

Fortune

AI enabled Klarna to halve its workforce—now, the CEO is warning workers that other ‘tech bros’ are sugarcoating just how badly it’s about to impact jobs

Sebastian Siemiatkowski, who told Sam Altman he wanted Klarna to be ChatGPT’s “favorite guinea pig,” says too many CEOs are downplaying how disruptive AI will really be.

Fortune

Bitcoin is ‘not an asset’ and has ‘no intrinsic value,’ says $225 billion investment company

HL is the third large financial institution to remind customers recently that crypto might be based on nothing, following Deutsche Bank and Elliott Management.

Fortune

Jeff Bezos says stress comes from ‘ignoring things you shouldn’t be ignoring,’ not from hard work: ‘You can be working incredibly hard and loving it’

“Likewise, you can be out of work and incredibly stressed over that,” the Amazon founder added.

Fortune

Multimillionaire Shonda Rhimes built a billion-dollar TV empire but still hunts for discounts and clips coupons like Warren Buffett

Multimillionaire ‘Bridgerton’ producer Shonda Rhimes still hunts for bargains because ‘absolutely nothing’ changes when your dreams come true.

Fortune

America's real estate is aging in place, just like its population. Investors and CEOs can't ignore it

The wave of retirements is turning into a trickle in the real estate sector, too.

Fortune

Hiring managers of the world, you're judging Gen Z too harshly. The brain is still under construction from 14 to 24, science shows

From first jobs to future leaders: here's why employers must invest in young workers.

Fortune

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Your new teammate is a machine. Are you ready?

Humans tend to over-rely on automated systems — but, worse, also favor its suggestions while ignoring correct contradictory information.

Fortune

PepsiCo taps Walmart veteran as CFO, bets big on beverage revamp

The CFO change comes amid mounting activist pressure.

Fortune

Rick Perry’s AI power startup Fermi already has a $16 billion market cap—and zero revenue

Fermi’s partisan leanings even mean naming the site the “President Donald J. Trump Advanced Energy and Intelligence Campus.”

Fortune

Bridgewater’s Ray Dalio says U.S. divisions, debt, and “wars of all kinds” are testing America’s stability—warning history shows every world order eventually resets

Dalio said there are two outcomes for America: Either the nation pulls together and rises above, or conflicting sides exert as much pain on the other as they can.

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news in one place.

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Fortune

Global selloff underway as traders sour on U.S. government shutdown and doubts about Fed rate cut schedule grow

It’s not chaos, but it’s not good.

Fortune

How REI’s store closings in New York and Boston could derail the CEO’s efforts to win over employees

The CEO told staff that the co-op had to make some “tough choices” to fix the business.

Fortune

I'm the founder of a $1 billion travel unicorn. Here's what growing up in hotel lobbies taught me about leadership

I see companies less like machines and more like living organisms. Like an amoeba, you need to be semi-permeable.

Fortune

OpenAI COO Brad Lightcap on what history teaches us about AI and the enterprise race

Though much of OpenAI’s DevDay looked to the future, I was especially curious about what OpenAI COO Brad Lightcap had to say about the past.

Fortune

OpenAI study suggests AI may be about to eclipse human expertise in real-world tasks

Also: All the news and watercooler chat from Fortune.

Fortune

This CEO got fired 3 times before becoming his own boss and selling his company for $1.6 billion—he tells struggling Gen Z that’s the point of your 20s

Scope3 CEO Brian O’Kelley lost millions getting fired. His revenge? Starting AppNexus the moment his non-compete expired—it sold for $1.6 billion.

Fortune

$1.8 trillion deficit revealed during 'pointless and wasteful government shutdown,' budget watchdog says

The U.S. is on track to borrow nearly $2 trillion per year for the next decade, the CRBF notes. "How can anyone think this is sustainable?"

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