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The Latest Breaking News from Fortune

Trump’s gambit to save Republicans from a giant health insurance spike comes with a $50 billion price tag, CRFB estimates

The $38 trillion national debt, which always seems to be growing, could expand even further if Trump extends ACA subsidies, as reports indicate.

Fortune

'There’s only so much you can absorb from the tariffs, because they’re just very high': Levi’s CEO states the plain truth

Levi’s CEO Michelle Gass spoke to McKinsey and Business of Fashion for its 10th “State of Fashion” report. It’s a “relationship business,” she said.

Fortune

Novo Nordisk stock trades at 4-year-low on the back of disappointing Alzheimer’s trial

The stock of the Wegovy and Ozempic maker is down nearly 50% year to date.

Fortune

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Crypto attack saw victims endure waterboarding, sexual assault in $1.6 million Bitcoin robbery

One of the victims had boasted about his crypto earnings online, according to a court filing.

Fortune

She ran her parents’ dry-cleaning business at 18. Today, the ‘godmother of AI’ is advising world leaders and running a billion-dollar startup

Her advisor warned she was taking her AI idea “way too far.” But Fei-Fei Li had already learned, as a teenager, how far grit could take her.

Fortune

Why your 401(k) is safe from a 40% crash in stocks—but not a 10% to 15% correction, top analyst says

"It would be kind of shocking if you didn't have some kind of profit-taking correction in 2026 at some point on the order of 10% to 15%."

Fortune

MacKenzie Scott has just given away $17 million to Oklahoma's oldest public community college, where 80% of its students receive financial aid

MacKenzie Scott is continuing her giving streak to colleges, this time with a $17 million “life-changing” donation to Northern Oklahoma College.

Fortune

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‘The Big Short’ investor Michael Burry on an AI bubble: ‘There is a Cisco at the center of it all … Its name is Nvidia’

Fresh off a string of bearish stock activity and the deregistration of his hedge fund, Burry has started a Substack for his financial writing.

Fortune

B-players are sinking your company because they ‘block talent, slow innovation, and lower the ceiling for everyone around them,’ top recruiter says

While A-players seek challenge and C-players seek comfort, B-players seek credit—but also suffocate A-level talent, Deepali Vyas says.

Fortune

Trump reportedly seeks to extend ACA subsidies as affordability push finds common ground with Mamdani; Centene, Oscar shares jump

Centene, which is a top participant in public health exchanges, jumped 8%, Molina Healthcare rallied 5%, and Oscar Health soared 24%.

Fortune

As boomers are forced back to work because they can't afford to retire, Robinhood CEO says Gen Z are opening retirement accounts at 19 years old

Robinhood cofounder and CEO Vlad Tenev says young people are embracing old-fashioned investments, and it seems to be working. Gen Zers are already on track to successfully retire.

Fortune

Pope Leo warns Gen Z and Gen Alpha that using AI too much could stunt their personal and career growth: ‘Don’t ask it to do your homework’

As Gen Z turns to ChatGPT en masse, the pope is sounding the alarm about the erosion of critical thinking skills.

Fortune

A massive tech update will bring faster, cheaper trading to Wall Street. Get ready for stocks on a blockchain

Giants like JPMorgan Chase and BlackRock are embracing 'tokenization,' while upstarts like Robinhood and Kraken race ahead.

Fortune

Our governments have sold AI out to Big Tech

Under Trump alone, U.S. states have faced a 10-year ban on introducing AI regulation, and over a dozen federal sites are designated for data centers.

Fortune

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Fortune

I’m a CEO who’s built, scaled and turned around companies. The next arms race in business isn’t about supply chains or rate cuts — it’s about predictability

This is the new arms race in business — building certainty in an uncertain world.

Fortune

Even after layoffs, companies should throw holiday parties, says this C-suite executive

Despite economic uncertainty, companies shouldn't hold back from hosting celebrations, says one executive.

Fortune

Warren Buffett’s principles guide Berkshire as a new era of leadership begins

A Fortune feature highlights the legendary investor’s criteria for building an enduring business.

Fortune

Here’s how low Bitcoin is likely to fall

Bitcoin nearly fell below $80,000 and it could get worse. But the fundamentals are different this time.

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Fortune

I chatted with Ray Dalio’s AI doppelgänger: It says there’s a 75% chance the AI bubble bursts in 2026, but wouldn’t tell me which stocks to avoid buying

“One thing I’ve learned over the years,” the freshly launched bot muses, “is that rapid, debt-financed build-outs often precede sharp adjustments.”

Fortune

Suddenly, the Fed interest rate cut in December looks like it is very much back on the table

Last week, Wall Street seemed to have decided that a December cut was off the table. Today speculators put the probability of Fed Chairman Jerome Powell delivering a rate cut at 75.5%.

Fortune

Why 90% of decisions don’t reach this Land O’Lakes exec’s desk

Land O’Lakes’ Leah Anderson avoids the trap of endless analysis by asking one question: Will more information change the outcome or just make you feel better?

Fortune

F1 has thrived by democratizing what was once a 'look, don't touch' sport, says McLaren Racing CEO Zak Brown

Also: All the news and watercooler chat from Fortune.

Fortune

Europe’s new talent advantage is boosting its founders' spirits

Founders and investors at Slush say Europe’s growing talent pool and the U.S.'s immigration crack-down is giving the region a competitive edge.

Fortune

Southeast Asia's tech sector is in a slump—but one VC sees signs that 'things will work out quite well here in the long run'

Monk's Hill Ventures' Arun Pai pointed to growing experience among founders, new public-private partnerships, and SEA's global connections.

Fortune

Going green doesn’t always mean going big: ‘Pay attention to the small- and medium-sized players as well’

There’s a huge funding gap in the global green transition, particularly among emerging markets with less ability to tap global capital.

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