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The Latest Breaking News from Fortune

Successful billionaires, politicians and CEOs are not 'the smartest'—they’re actually ambitious and lazy, career coach to the Fortune 500 says

Forget grinding 24/7 or having the highest IQ in the room. The most powerful billionaires and CEOs know exactly when to cut corners, Bill Hoogterp reveals.

Fortune

Powell once said he couldn't imagine leaving the Fed early—other than dying. 'You will not see me getting in the lifeboat'

"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than dying," Powell said in 2019.

Fortune

Quantum computing is so fire — No, seriously. BofA says it could be humanity's biggest breakthrough since the discovery of fire

"A technology that can perform endless complex calculations in zero-time, warp-speeding human knowledge and development."

Fortune

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Elon Musk's latest blending of his business interests puts the Grok AI chatbot in all new Teslas—and raises questions around data and privacy

It’s unclear whether the new partnership will allow xAI to use vehicle data to train its large language models.

Fortune

What if the Fed cut rates to just 1% like Trump wants? An analyst says it's 'ludicrous' and may scare businesses

"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'"

Fortune

Trump’s big beautiful bill includes a $250 ‘visa integrity fee’ travelers will have to fork over

Tourists, business travelers, and international students will be required to fork over the new fee.

Fortune

Elon Musk’s brain implant startup Neuralink called itself a “small disadvantaged business” to the federal government

The Justice Department has previously gone after individuals who falsely sought special designations with the government.

Fortune

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A James Beard Award-winning chef reveals how she overcame imposter syndrome in the world's most elite kitchens: 'It takes humility'

Karyn Tomlinson got started cooking later in life compared to most other top chefs.

Fortune

Meet a 23-year-old TikTok career influencer who gets hundreds of messages per day from Gen Z fans hungry for job advice

Traditional career guidance isn't working for Gen Z, so they're looking to TikTok instead—and it's working.

Fortune

87-year-old chairman's secret to success is always being on time, warning Gen Z ‘if you’re one minute late, it’s the same as being an hour late’

Gen Z workers think showing up 10 minutes late to work is as good as being on time—but baby boomer bosses have zero tolerance for tardiness, research shows.

Fortune

Extreme team building: Here’s why this law firm sends hundreds of lawyers on some of the most intense hikes in the world every year

Quinn Emanuel sends its workers on an extreme off site every year, and says it helps workers build invaluable friendships.

Fortune

Exclusive: Trade partners have realized America is 'simply not reliable' after Trump's tariff regime, says Elizabeth Warren—believing impact will be felt for generations to come

The White House believes tariffs are a win for American voters, but Sen. Warren tells Fortune the policy has driven up tariff-vulnerable costs, delayed manufacturing investment, and forced the Fed to keep interest rates higher than it otherwise would.

Fortune

An American who helped North Korean IT workers rake in $17.1 million faces sentencing in scheme that tricked hundreds of Fortune 500 companies

Arizona woman Christina Chapman carefully oversaw at least 90 laptops at her home and shipped dozens of others to China, Russia, the UAE, and Nigeria, authorities said.

Fortune

Campbell’s gets a Gen X makeover — 42-year-old fashion exec joins her family at $9 billion canned-soup-and-snacks giant

A luxury shoe designer has stepped into a board role previously held by her late mother.

Fortune

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Fortune

A small Chinese startup wants to jumpstart a global EV taxi revolution

U Power’s battery swap model aims to electrify Hong Kong’s taxis—and reshape commercial EV adoption worldwide

Fortune

The CEO caught hugging his HR chief at a Coldplay show has resigned after being placed on leave amid an investigation

“The Board will begin a search for our next Chief Executive as Cofounder and Chief Product Officer Pete DeJoy continues to serve as interim CEO.”

Fortune

Crypto market soars past $4 trillion and Coinbase notches all-time high—but traditional stocks dip

After Congress passed landmark crypto legislation Thursday, shares of crypto-related companies skyrocketed, but the larger market dipped on Trump tariff news.

Fortune

Opinion | It’s time to invoke the U.S. Defense Production Act to support a new battery technology revolution

"Drone dominance" for the U.S. military means relying on China’s supply chains—but there’s an alternative.

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Fortune

If Amazon Ring staff want a promotion, they must now prove they’ve used AI

The new policy expands expectations of AI use in Amazon’s smart home division.

Fortune

American Express just offered a peek inside how wealthy Americans are doing—they're thriving, even the Gen Z members

The company reported record quarterly revenue of $17.9 billion, with millennial spending up 10% and Gen Z spend an astonishing 40%.

Fortune

For the first time since COVID, more than half of Fortune 100 desk workers are mandated to fully return to work, report finds

In 2023, only 5% of Fortune 100 desk workers were required to be fully in-office. Today, more than half have been asked to make the switch, according to Jones Lang LaSalle Inc.

Fortune

Fed officials grow more outspoken—and split—over interest rate cuts

Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation coming.

Fortune

Americans are the most optimistic about the economy since just after Trump's inauguration

The University of Michigan consumer sentiment survey shows vibes around the economy far below historic norms, but they're "inching up."

Fortune

Gen X's $1.4 trillion windfall: The 'Forgotten Generation' is the surprise short-term winner in the Great Wealth Transfer

Over the next decade, Americans aged 45-60 are projected to inherit roughly $1.4 trillion every year, the largest short-term gain in the Great Wealth Transfer.

Fortune

Trump set to sign landmark crypto bill as critics warn of huge conflict of interest risk

The House of Representatives passed a bill on Thursday to regulate the stablecoin sector.

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