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The Latest Breaking News from Fortune

Tom Hayes, the UBS trader who spent 5 years in prison unjustly convicted of rigging interest rates, describes what it’s like to be vindicated

Hayes’ conviction was overturned last week after the U.K. Supreme Court ruled he had not received a fair trial.

Fortune

As if the trade war never happened, stocks could pull off a feat not seen since the late-1990s boom

"This year reminds us of the classic Charles Dickens quote, 'It was the best of times, it was the worst of times.'"

Fortune

Big banks can ‘afford to be a little behind the curve’ on AI, and let smaller startups make riskier bets

“I don’t think we should be at the cutting edge of innovation around AI as a big bank," said Craig Corte, an executive at Standard Chartered.

Fortune

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Mass shooting in central business district shakes Manhattan, leaves at least 4 dead

345 Park Avenue hosts Blackstone, the world’s largest alternative asset manager, the NFL, KPMG, and Bristol Myers Squibb, among others.

Fortune

Competitive cricketer turned assistant brand manager is now heading a $368 billion giant. Meet P&G's new CEO Shailesh Jejurikar

The company behind Charmin, Bounty, and Tide named chief operating officer Shailesh Jejurikar as its next CEO, effective Jan.1, 2026.

Fortune

Enterprise Products: Trump “weaponizing” ethane exports to China backfires against U.S.

About half of all ethane exports go to China to feed its petrochemical manufacturing industry.

Fortune

‘Not just a cyclical recovery, but a boom.’ BofA says a ‘key tail risk’ is that the Trump economy will actually start to take off

“Today a confluence of factors argue that the key tail risk that may not be priced in is not just a cyclical recovery, but a boom,” BofA Research analysts write.

Fortune

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What if 10,000 steps per day was never the magic number?

Activity is important, cutting down on risks of everything from cardiovascular disease to dementia to depressive symptoms. But do you need all 10,000 steps every day?

Fortune

New 529 plan rules let Gen Z invest in careers, not just college

As of July 2025, Congress has made changes to 529 funds so they can now be used for a much wider range of educational expenses.

Fortune

Facing Russia’s war on Ukraine, the EU couldn’t risk fighting a trade war with the U.S., analyst says

“At the end of the day, the EU needs U.S. weapons to keep Ukraine afloat into its struggle for survival against Russia.”

Fortune

Warren Buffett's longtime Social Security warning is coming to fruition, with retirees facing an $18,000 annual cut

The Committee for a Responsible Federal Budget projects that Social Security’s main trust fund will be insolvent by the end of 2032, triggering automatic and painful benefit cuts.

Fortune

Ryan Reynolds had a hand in that viral Astronomer video featuring Gwyneth Paltrow

The Oscar winner surprised everyone by speaking on behalf of the company following CEO scandal.

Fortune

Housing market ‘purgatory’ for existing home sales as activity falls to lowest level in 9 months

“No matter how you look at it, this is an unhealthy housing market,” ResiClub’s Lance Lambert told Fortune Intelligence.

Fortune

Google CEO is the newest billionaire: He tells Gen Z the secret to success is putting yourself in uncomfortable situations

As a newly minted billionaire, Google CEO Sundar Pichai says that embracing discomfort is key to personal and professional growth.

Fortune

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A copyright lawsuit over pirated books could result in ‘business-ending’ damages for Anthropic

The lawsuit centers on Anthropic’s use of books to train its LLM, Claude, and could leave the company on the hook for billions of dollars’ worth of damages.

Fortune

Nvidia CEO Jensen Huang says he’s created more billionaires in his team than any CEO in the world: ‘Don't feel sad for anybody at my layer’

The tech executive is worth a staggering $151 billion—and luckily for staff, Nvidia’s unique stock option allows them to reap the gains of the $4 trillion company too.

Fortune

IPOs are hot again. How investors can avoid a 2021 style hangover

The public offerings of one-time darlings like Rivian and Roblox offer a cautionary tale.

Fortune

Mira Murati's $2 billion seed round inspires female founders

The former OpenAI CTO is now running Thinking Machines Lab—with $2 billion in her war chest.

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Fortune

PayPal to let U.S. businesses accept payment in more than 100 cryptocurrencies

The fintech giant will charge a transaction rate of 0.99% for the first year and then up it to 1.5%.

Fortune

Europe surrenders to Trump (and thus secures a victory by the back door)

S&P 500 futures moved up 0.27% this morning. But the STOXX Europe 600 rose by more than double that in early trading as investors in Europe realized that the pact seems to contain several advantages for the EU.

Fortune

Why companies are leaning into skills-first, AI-enabled employment models

Moving away from job-centric structures may become more common.

Fortune

Jeff Bezos's honeymoon plans seem to have involved a $5.7 billion Amazon share selloff

Despite the large, prearranged sales, Bezos still holds roughly 884 million Amazon shares and maintains a net worth of $252 billion.

Fortune

Mamdani's NYC primary win doesn't mean young people are anti-capitalist

Zohran Mamdani's New York City mayoral primary win sparked major questions about what Gen Z wants from both their political and business leaders.

Fortune

Flex’s CEO took the job without industry experience. This battle-tested playbook guided every move

Flex’s CEO didn’t pretend to know the business when she assumed the corner office. Instead, she stuck to what she could control.

Fortune

Meet the ‘masters of the universe’ heading up the private credit explosion

Ares Management has become one of the top alternative asset managers in the red-hot field, with aims to grow to $750 billion.

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