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The Latest Breaking News from Fortune

Judge hits Chinese crypto scammer who helped swindle $37 million from U.S. victims with 46 month sentence

The fraudster was part of a ring that carried out a scam known as pig butchering.

Fortune

Scott Bessent on the 39% of young Americans thinking favorably of socialism: They’re just not invested in the stock market

“I think that dovetails somewhat—that 38% of American households have no exposure to equities,” the Treasury Secretary told CNBC. Let’s see in 10 years.

Fortune

Kalshi maintains a ‘perfect forecast record’ in predicting Fed rate decisions, beating professional forecasters, study finds

The National Bureau of Economic Research study found the prediction site showed “statistically significant improvement” over the Fed funds futures forecast.

Fortune

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Football snubs Bill Belichick, one of its greatest ever coaches: It shows his unapologetic leadership style comes at a cost

How did it come to this, that maybe the greatest coach in NFL history won’t be a first-ballot Hall of Famer? As he might say, “We’re on to Cincinnati.”

Fortune

Fed holds rates at an unusual moment: Stocks at record highs, dollar under pressure, and Powell in the crosshairs

Two governors dissented in favor of a cut, including Christopher Waller, a top contender for the chairmanship to replace Powell.

Fortune

How CIOs and CHROs are working together to reimagine work as AI tools proliferate

As AI usage proliferates across more parts of the business, CIOs and CHROs are increasingly working together to launch new AI tools, upskill, and rethink workflows.

Fortune

Sam Altman reportedly says ICE 'is going too far' while praising Trump as CEOs toe the line with Minneapolis shootings response

The OpenAI CEO said there is a distinction between "deporting violent criminals" and the current situation in the U.S.

Fortune

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Jeff Bezos capped his Amazon salary at $80,000: ‘How could I possibly need more incentive?’

“How could I possibly need more incentive?”

Fortune

As AI automates roles and companies pull back hiring, Americans hit rock-bottom confidence in landing a job—and baby boomers fear they’re locked out

Americans without college degrees, those earning less than $100,000, and baby boomers over the age of 60 are the least optimistic about their job prospects.

Fortune

Billionaire Mark Cuban spends hours reading 1000 emails a day on 3 devices—yet he's telling Gen Z to shut their phones, get outside and have more fun

The former Shark Tank star and Dallas Mavericks owner, Mark Cuban, says the future belongs to people who know how to live offline, despite grinding through 1,000 emails a day.

Fortune

How social media upended the 75-year-old playbook of big CPG

Consumers no longer look to television and mass-market media for guidance on what to buy at the supermarket.

Fortune

How not to say that thing you'll regret forever: 3 rules for family conversations about money

I'm Morgan Stanley’s head of Family Governance & Wealth Education and my family isn't that different from yours.

Fortune

LinkedIn knows your CV and degree are becoming irrelevant. It has a plan for that

LinkedIn is betting on skills over degrees with new AI verification tools.

Fortune

Banning investors won’t fix America’s housing shortage

It is a perfect example of the adage: don't just do something; stand there. Renters would be better off without this proposal.

Fortune

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Fortune

Fidelity enters crowded stablecoin field with new FIDD token

The upscale brokerage has a long history of working with digital assets.

Fortune

OpenAI digs in on a fundamental disconnect in new research: AI is ready for primetime, many businesses aren't

The real challenge isn't building better AI—it's actually using it.

Fortune

Why Ashley St Clair, MAGA influencer and Elon Musk's ex, is taking on his AI empire

Conservative influencer Ashley St Clair says Grok generated explicit deepfakes of her—including images from when she was 14. Now she's fighting xAI and Elon Musk.

Fortune

Exclusive: Snout, pet wellness plan startup, raises $110 million in debt and equity

Snout has raised $10 million in Series A funding, led by Footwork, and $100 million in debt financing from Clear Haven Capital Management, the company has exclusively confirmed to Fortune.

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Fortune

Self-driving startup Waabi raises up to $1 billion and partners with Uber to deploy 25,000 robotaxis

The AI company, which had been focused on software to enable autonomous trucking, has now expanded into robotaxis

Fortune

Gold is going up because Trump is talking down the dollar: ‘The narrative of relative U.S. decline,’ UBS fears

The dollar hasn’t been this weak for years.

Fortune

CEO of Glassdoor and Indeed parent says AI is not replacing workers: 'We're not seeing that kind of data at all'

Also: All the news and watercooler chat from Fortune.

Fortune

SAP boss Christian Klein has seen the AI future. What you say will be more important than what you type

Christian Klein, CEO of SAP, predicts the end of the keyboard as we enter the era of applied AI and voice commands.

Fortune

As vet bills jump 40% in recent years, startup Snout raises $110 million for its ‘membership’ model to defray costs

Costs vary based on plan, but on average customers are paying $65 a month for Snout to help take care of vet costs upfront.

Fortune

This millennial quit her corporate 9-to-5 to pet sit—she’s now living rent-free, saving thousands a month, while earning $70 per day

Thanks to pet sitting, 32-year-old Georgina Welsh travels the world, works half the hours, and still takes home as much as she did in her corporate job.

Fortune

How to fight child hunger in a time of foreign aid cuts

If aid cuts continue at this pace, preliminary research shows that 14 million people could die in the coming years, 4.5 million of them children.

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