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The Latest Breaking News from Fortune

Gen Z expect to inherit money and assets—but their boomer parents aren’t planning on leaving anything behind

Over half of Gen Zers and nearly 60% of millennials are depending on their inheritance to achieve financial security. Just 22% of baby boomers expect to leave them anything.

Fortune

Expats are running away to Panama—they're enjoying a better quality of life for 40% less than back home

With just $800 a month needed to live comfortably, Panama holds its crown as the top expat haven. Meanwhile, the U.S. sinks all the way down to 36th place.

Fortune

Amazon Prime settlement: How to claim up to $51, who qualifies, and when refunds arrive

Amazon’s $2.5 billion settlement includes $1.5 billion for customer refunds; here’s who’s eligible, who isn’t, and how automatic payouts and claims will work after court approval.

Fortune

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Meta’s Facebook introduced a dating AI bot to alleviate ‘swipe fatigue.’ But experts say it’s ‘too little, too late’

Experts say more personalized AI features can help zero in on someone’s preferences more than traditional filters—but may also intensify dating app burnout.

Fortune

I’m the founder of a $4 billion software unicorn and I see data wars coming. Enterprise AI beware

The irony is painful: Companies are investing millions in AI while allowing vendors to wall off the data that AI needs to be effective in the first place.

Fortune

U.S. Olympic gold medalist track star went from $200,000-a-year sponsorship to $12-an-hour internship

With the Paris 2024 Olympics making headlines for some outrageous prizes, it's easy to assume that all medalists are set for life. However, Olympic fame can be fleeting—just ask Lauryn Williams.

Fortune

Leonardo DiCaprio says his first agent thought he’d never get hired in Hollywood because his name was ‘too ethnic’: ‘Your name is Lenny Williams’

DiCaprio’s “One Battle After Another” co-star, Benicio Del Toro, said he received similar advice from his agent—to become “Benny Del.”

Fortune

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These are the 4 non-negotiable pillars of professional agentic AI

And most companies are struggling to bring them together.

Fortune

Costco executive promises the hot dog and drink combo will never cost more than $1.50—and here's why

The mythically low price of a hot-dog-and-soda combo hasn’t changed since 1985—and one former CEO says he received a death threat after wanting to hike it.

Fortune

Goodwill CEO says hiring managers are going behind their bosses backs and looking for workers with college degrees, not skills

Job ads may say skills over degrees. But for millions of Gen Zers without diplomas, the door is still firmly shut as Goodwill CEO warns hiring managers are quietly going rogue.

Fortune

Apple CEO Tim Cook wore a 1-of-1 pair of Nike shoes during his Japan visit—with custom hand embroidery made by a team of 15 women

The 64-year-old Apple boss is immersing himself in Japanese culture during his visit.

Fortune

Starbucks continues to cut corporate jobs in turnaround bid: ‘Many are cost centers, not revenue producers,’ says expert

The company will eliminate about 900 more non-retail partner roles and many open positions.

Fortune

Trump’s overnight demand for 100% tariffs on pharmaceuticals will be ‘a meaningful commercial hit for U.S. consumers,’ top analyst says

The good news: There are several loopholes in Trump’s proposal that mean the impact of the new taxes may be limited.

Fortune

The Fed’s once oh-so-certain cuts for the rest of 2025 are already fading into oblivion

U.S. economic data keeps coming back stronger than expected, and frankly it’s raining on the parade for markets.

Fortune

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Meet Arjun Sethi, Kraken's unusual co-CEO and VC firm chairman gunning for an IPO

Arjun Sethi become co-CEO of crypto currency exchange Kraken last fall. He's also the Chairman of Tribe Capital, one of the company's backers.

Fortune

Under the radar, CEOs have growing concerns about U.S. commitment to free speech, science, and rule of law

Also: All the news and watercooler chat from Fortune.

Fortune

MasterClass CEO shares the secret to how jobless Gen Zers can get hiring managers to respond to their cold emails

AI may be gutting entry-level opportunities, but MasterClass CEO David Rogier argues it’s also Gen Z’s biggest shot to stand out—if they know how to use it.

Fortune

MrBeast’s $5 billion empire runs on generosity—but at a cost

The YouTube star has built much of his popularity on philanthropy-inspired content. But red ink and controversy are testing his model.

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news in one place.

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Fortune

The U.S. will now actually control TikTok’s algorithm, JD Vance says

With the Ellisons (Oracle) and Murdochs (Fox) in the mix, Trump allies are poised to take at least partial control over the app’s recommendation engine.

Fortune

Why Amazon’s $2.5 billion Prime settlement with the FTC is actually a giant win for the company

The surprise settlement between the online retail giant and the Trump administration happened just a few days into the trial over one of Amazon’s most important businesses. Amazon is paying a steep price—and taking a big win.

Fortune

With rural America starting to see huge financial losses from tariff policies, Trump offers vague aid package to farmers in the heartland

“The farm economy is suffering while our competitors supplant the United States in the biggest soybean import market in the world,” one agricultural trade group said.

Fortune

Behind the fall and resurrection of Jimmy Kimmel is a $6.2 billion merger and the companies that serve rural, conservative audiences

FCC pressure and multibillion-dollar mergers aren’t even the full story. The future of linear TV is up for grabs.

Fortune

The August home sales mystery: Top analyst says 'implausible' housing market data 'defies credulity'

Pantheon Macroeconomics' Oliver Allen says it's "inexplicable" that new home sales would jump to their highest level in more than three years all of a sudden.

Fortune

Google backs $3 billion deal with Bitcoin miner as Big Tech looks to crypto for compute

Bitcoin miners have increasingly courted AI companies, which require large amounts of computing power to stay competitive.

Fortune

Not a single place in the U.S. made the cut for top retirement destinations—but experts warn to weigh these 3 factors before moving abroad

For those seeking sunshine, safety, and affordability, retiring abroad is more appealing than ever. But you should do your homework first.

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