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The Latest Breaking News from Fortune

Facing a vast wave of incoming liquidity, the S&P 500 prepares to surf to a new record high

With fresh money on the horizon it is unsurprising that the markets have shrugged off their worries about AI and Bitcoin.

Fortune

Ray Dalio says ‘a little bit of everything’ is needed to prevent a debt crisis—but it won’t happen anyway

Bridgewater Associates founder Ray Dalio said averting the $38 trillion national debt crisis requires bipartisan support—which will never happen.

Fortune

Treasury Secretary Bessent insists Trump’s tariff agenda is ‘permanent,’ saying the White House can re-create it even with a Supreme Court loss

Using various other justifications, the White House can implement its tariffs regardless of a Supreme Court loss, said Scott Bessent.

Fortune

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Nintendo's 98% staff retention rate means the average employee has been there 15 years

Also: All the news and watercooler chat from Fortune.

Fortune

Before running the world’s most valuable company, Jensen Huang was a 9-year-old janitor in Kentucky

“It’s hard not to love this country,” Huang said. “It’s hard not to be romantic about this country.”

Fortune

The workplace needs to be designed like an 'experience,' says Gensler's Ray Yuen, as employees resist the return to office

Employees don't want to return to the office. That poses a challenge for workplace designers like Yuen.

Fortune

How a Texas gas producer plans to exploit the ‘megatrend’ of power plants for AI hyperscalers

BKV is growing both its shale gas and power generation footprints to attract AI data center campuses.

Fortune

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Luxury hotels need to have ‘a point of view’ to attract visitors hungry for experiences, says designer André Fu

Fu and Swire Hotels deputy chairman Toby Smith discuss design and “quiet luxury” at Fortune Brainstorm Design.

Fortune

America, meet your alienated youth: ‘Gold standard’ Harvard survey reveals Gen Z’s anxiety and distrust, defined by economic insecurity

The Harvard Youth Poll pulls back the curtain to reveal a generation defined by widespread distrust in the economy.

Fortune

Dollar Tree says the majority of its new customers earn at least $100,000 a year

Rich people are flooding dollar stores as Americans navigate a crushing affordability crisis.

Fortune

‘There is no Mamdani effect’: Manhattan luxury home sales surge after mayoral election, undercutting predictions of doom and escape to Florida

Signed contracts for Manhattan homes over $4 million skyrocketed 25%; “the idea that people would flee New York was overblown,” said realtor Donna Olshan.

Fortune

Battle for sports betting market heats up as Polymarket announces return to the U.S.

The prediction market giant rolls out mobile platform almost four years after regulators banned it from the U.S.

Fortune

Tariffs and the $38 trillion national debt: Kevin Hassett sees ‘big reductions’ in deficit while Scott Bessent sees a ‘shrinking ice cube’

The favorite to become Fed chair says tariffs are an important part of Trump’s economic policy and behind “a lot of the revenue coming into the Treasury.”

Fortune

This Khosla Ventures–backed startup is using AI to personalize cancer care

Radical Health just emerged from stealth, having raised $5 million in pre-seed funding led by Khosla Ventures.

Fortune

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Fortune

As AI impersonation spikes, this startup just raised $28M to stop deepfakes in real time

As scammers use AI to mimic trusted employees, flood help desks, and take over enterprise tools, one startup says the only defense is spotting the invisible signals even perfect deepfakes can’t spoof.

Fortune

Nvidia CEO admits he works 7 days a week, including holidays, in a constant 'state of anxiety' out of fear of going bankrupt

Nvidia CEO Jensen Huang says fear of failure is still what drives him—so he runs the business like it's going to go bankrupt in 33 days

Fortune

‘Have they given enough? No’: Melinda French Gates rips into billionaire class, saying Giving Pledge has fallen short

The billionaire philanthropist says there’s more work to be done to get the wealthy to donate.

Fortune

‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way

While tech leaders paint a positive future where work is optional thanks to AI, the ‘Godfather of AI’ Geoffrey Hinton warns they’re “betting on AI replacing a lot of workers.”

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Fortune

For Wall Street, pandemic-level bad news for jobs is good news for stocks—it pushes the Fed further into cutting territory

Fed rate-cut odds surge toward 90% as weak labor data, ADP losses, and Challenger layoffs fuel Wall Street hopes for a December move despite a divided FOMC.

Fortune

Australia wants to end the era of kids on social media with international ban hailed as ‘first domino’ in global movement

If Meta, Google, and others can’t figure out how to block accounts of users under 16 years old, they’ll be fined $33 million per breach.

Fortune

Meet Luana Lopes Lara: The 29-year-old ballerina spent college summers working for Ray Dalio—now she’s world's youngest female self-made billionaire

Following in the footsteps of Taylor Swift and Scale AI's Lucy Guo, Luana Lopes Lara has just been crowned the world's youngest female self-made billionaire. The millennial founder built an $11 billion startup in just six years.

Fortune

I built the first iPhone with Steve Jobs. The AI industry is at risk of repeating an early smartphone mistake

When I was at Apple, we didn’t just launch the smartphone era—we built an ecosystem.

Fortune

AI is reshaping the rhythm of the workweek–and leaders need to pay attention

The workweek is changing for AI-enabled teams, with meetings consolidating towards the middle of the week, and engagement levels climbing.

Fortune

Fed officials like the mystique of being seen as financial technocrats, but it's time to demystify the central bank

As powerful as America’s central bank is, it’s still just one player in a globe-spanning ocean of financial markets.

Fortune

Google VP says the AI revolution is just a matter of time: 'The younger generation is really feeling like it's a native part of how they work'

"A lot of the Gen Zers are really using it in ways that are very native," says Yulie Kwon Kim, VP of Product at Google Workspace.

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