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The Latest Breaking News from Fortune

Older generations bash Gen Z for 'doom spending.' But experts say there's a good reason why people splurge when they're young

“My aspiration for material stuff is the inverse of what else I have to offer the world,” The Psychology of Money author said.

Fortune

Kim Kardashian's Skims is now worth $5 billion after a massive $225 million funding round led by Goldman Sachs

Young people are obsessed with Kim K's shapewear line. Nearly 70% of Skims' customers are Gen Z or millennials.

Fortune

How Cisco is leaning on recruiting and upskilling staff in the AI era—instead of mass layoffs

As AI reshapes the workplace, Cisco is betting on its existing workforce instead of mass layoffs—arming them to code, innovate, and adapt.

Fortune

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As Gen Z question the values of higher ed, CEO at this nearly $1 billion company says it’s ‘silly’ to think one degree will be enough education for life

Udemy CEO Hugo Sarrazin says the degrees vs. skills debate should be focused on “cohabitation.”

Fortune

Your software should be space-grade — take it from an aerospace operations engineer

It doesn’t get more physical than aerospace. I know. I spent over 10 years on SpaceX’s mission operations team in charge of pioneering innovation.

Fortune

The new job for the airport CEO: It's more challenging — and more uplifting — than ever

More than 40 years ago, Art Gensler himself asked me to rethink the firm’s concept for Delta’s new terminal at LAX the night before a major presentation.

Fortune

Creating resilient communities to avoid the next housing crisis

The housing sector needs some of America's famous car culture.

Fortune

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AI is reimagining work. CEOs must rethink how we prepare future workers

AI and automation are already reshaping the future of work, but our collective choices will determine whether the disruption leads to decline or renewal.

Fortune

Trump's 50-year mortgage would save you about $119 a month while doubling the interest you pay over the long run, UBS estimates

Is an extra $119 per month worth another 20 years of borrowing?

Fortune

Crypto startup Seismic raises $10 million to help fintechs protect customer data

The company uses blockchain to ensure privacy in everyday financial services.

Fortune

MIT researcher gives advice on how to tame, harness AI 'workslop'

The hidden costs of AI-generated workslop threaten productivity, but transparency can help restore trust.

Fortune

Elias Torres’s Agency raises $20 million Series A to chase agentic AI for customer success

Founded in 2024, Agency has raised its $20 million Series A, led by Menlo Ventures, Fortune has exclusively learned.

Fortune

Hopes for a December rate cut are fading fast despite labor fears—Jerome Powell will have his work cut out attempting to unite the Fed

Weaker labor market data should be building the case for Powell to post a cut—and yet expectations are leaning toward the hawkish.

Fortune

Meet the world’s youngest self-made billionaire, who skipped finals to make an empire out of teaching AI 'what only humans know'

At 22, Brendan Foody and his high-school debate team friends turned a hackathon side project into one of the fastest-scaling startups of the AI era.

Fortune

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How CEOs are navigating the global economy's 'frog-boiling' conditions

Also: All the news and watercooler chat from Fortune.

Fortune

Sea shares dip by over 8% as profit comes in below analyst expectations

Sea’s operating expenses rose 28% in the past quarter, with its e-commerce arm—Shopee—looking to strengthen its competitive edge over rivals.

Fortune

Is China about to win the AI race?

From subsidized power to open-source innovation, China is mounting a serious challenge to U.S. dominance in artificial intelligence.

Fortune

Coinbase and stablecoin startup BVNK call off $2 billion acquisition

BVNK was previously fielding offers from not only Coinbase but Mastercard.

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Fortune

Alexis Ohanian ignored Paul Graham’s warning that Reddit’s ‘terrible’ name would be ‘poison’. Now it’s a $38 billion business

“Disregarding that advice was definitely one of the things I got right,” Ohanian said.

Fortune

Shares of Winklevoss’s Gemini sag as crypto firm losses grow

The company’s struggles come two months after IPO.

Fortune

Ford CEO says a 'shocking' discovery after taking apart rival Tesla and Chinese EVs led to a 'brutal' business decision

“I'm not going to just cede that to the Chinese,” Farley said about electric cars.

Fortune

Trump calls his 50-year mortgage idea 'not even a big deal' while insisting 'the economy is the strongest it's ever been'

"It might help a little bit," Trump said of the 50-year mortgage plan, which has no details attached yet. His housing director called it a "game-changer."

Fortune

Apple is now selling a $150 sling for your iPhone made by the same designer who created Steve Jobs' iconic black turtleneck

Steve Jobs once approached Issey Miyake to create a standard uniform for Apple employees.

Fortune

The rise of Yann LeCun, the 65-year-old NYU professor who is planning to leave Mark Zuckerberg's highly paid team at Meta to launch his own AI startup

LeCun is a Turing Award winner and considered one of the pioneers of modern artificial intelligence.

Fortune

China's average school day is 2 hours longer than the U.S., with all studies and no extracurriculars. The results could help it win the AI race

As Trump shifts his tone on Chinese students, Beijing doubles down on AI education—signaling a new kind of cold war in learning.

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