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The Latest Breaking News from Fortune

Don’t hold your breath for a Fed rate cut anytime soon. In fact, a hike could be in the cards

“Underpinning this is our belief that the labor market is improving, and that unemployment will decline ahead on a trend basis,” wrote Macquarie economists.

Fortune

Exclusive: Pace raises $10 million from Sequoia as enterprise AI collides with insurance

Pace is betting insurance is ripe for AI disruption.

Fortune

Fortune 500 Europe 2026: revealing the leading firms defining Europe’s global future

This autumn, Fortune will publish the Fortune 500 Europe, the annual ranking of the region’s largest companies.

Fortune

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Pfizer’s CEO on leading after a moonshot—and making deals with Trump

Also: All the news and watercooler chat from Fortune.

Fortune

TikTok users panic over the app’s ‘immigration data’ collection in its new privacy policy, but the wording isn’t new. Here’s what it means

Experts say the phrasing has appeared in previous privacy policies and reflects legal requirements.

Fortune

With Foot Locker in trouble, JD is set to pounce in the U.S.

With Foot Locker struggling, JD Sports sees a chance to grab market share.

Fortune

Ray Dalio says the U.S. is a ‘tinderbox’ after the Minneapolis shooting and Trump risks a ‘more clear civil war’

Whatever direction Trump takes in the wake of the killings in Minneapolis, Dalio said that the U.S. is already in a heightened state of tension.

Fortune

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Target’s incoming CEO breaks silence on Minneapolis violence near HQ—read his full statement

After weeks of protests urging Target to take a stand against Immigration and Customs Enforcement, Michael Fiddelke sent a video message to employees.

Fortune

Trump's own Big Beautiful Bill could add $5.5 trillion to the deficit and sabotage his plan to 'grow out' of the national debt crisis

Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much harder to see it working.

Fortune

ICE alleged to use Palantir-developed tool that uses Medicaid data to track arrest targets

Big Tech is wrapped up in a growing list of contracts to aid ICE’s immigration enforcement operations.

Fortune

Ryan Serhant thinks the American Dream was just a 'slogan created by banks,' but it was really about FDR, the Great Depression, and an economic crisis

"It’s like student debt. Everyone needs to go to college. It was a device to create interest payments on student debt."

Fortune

Trump administration buys stake in USA Rare Earth as wave of government deals in critical minerals continues

The White House stake in USA Rare Earth could exceed 15% for the mining and magnet-manufacturing player.

Fortune

This Hong Kong billionaire invests 25% of his wealth in gold: ‘If you have the physical gold ... nobody owes you anything’

It’s all about the era of “vault flight,” Cheah Cheng Hye told Bloomberg. You don’t want your money in America as much.

Fortune

Law school admissions expert sees ‘dangerous one-two punch’ as Gen Z seeks shelter from the AI hiring storm in 6-figure debt and JD lifeboat

ChatGPT can pass the bar, but just as in 2008 and during the pandemic, law schools are overwhelmed with applicants.

Fortune

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Strategy buys even more Bitcoin—$264 million of it—even as Bitcoin slumps to $87,000.

The move came only a week after executive chairman Michael Saylor made a separate $2 billion Bitcoin purchase.

Fortune

Prediction markets can take bets on outlandish events that ‘get laundered into legitimacy,’ Gen Z’s favorite economic commentator warns

“Legitimacy increasingly flows to whoever processes uncertainty first. Markets have optimized for speed. Democracy has been designed for deliberation.”

Fortune

Trump’s economy is the ‘least conservative’ in a lifetime, top economist warns. ‘Our kids will feel it in a set of lost opportunities’

The University of Michigan’s Justin Wolfers sees Trump’s economy set to derail growth for a whole generation.

Fortune

After 40 years of climbing the ladder, Walmart’s CEO Doug McMillon is retiring—his top tip for Gen Z is that ‘life is too short’ to hate their jobs

From decades of experience climbing the ranks, outgoing Walmart CEO Doug McMillon advised Gen Z graduates to find a gig that “does not feel like work.”

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news in one place.

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Fortune

Despite running $75 billion automaker General Motors, CEO Mary Barra still responds to ‘every single letter’ she gets by hand

Want to catch the attention of a CEO like General Motors boss Mary Barra? Write her a letter. Chances are she’ll read it and even respond.

Fortune

The C-suite’s new battle for who controls the workforce

HR seems to be losing jurisdiction over the workforce in the age of AI.

Fortune

Yes, you're getting a bigger tax refund. Your kids won't thank you for the $3 trillion it's adding to the deficit

I’m the president and CEO of the Tax Foundation. We expect 71% of taxes to be paid by the top 20% of earners in 2026.

Fortune

A crypto social media network’s failure raises an awkward question: Is blockchain good for anything beside finance?

Some blame Farcaster’s flop on its leadership team, but its challenges went much deeper.

Fortune

Why the AI boom is forcing a rethink of career success

As AI expands, some argue that hands-on jobs once overlooked may gain new importance. That could challenge long-held ideas about career ascensions.

Fortune

Why two Gen Z college dropouts are combatting financial nihilism with a credit card startup

Mine raises a $14 million Series A led by 359 Capital with participation from Kleiner Perkins.

Fortune

How leaders like Jamie Dimon and Microsoft president Brad Smith are trying to ease employee anxiety about AI

With AI moving from pilot projects to company-wide deployment, leaders say the future of work depends on whether technology is used to empower people or make them expendable.

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