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The Latest Breaking News from Fortune

Asian universities turn into tourist destinations as Chinese students look closer to home for higher education

Tourists have long flocked to Western universities, like Oxford or Harvard—but visitors are now adding Asian campuses to their itineraries.

Fortune

Top housing exec rips Americans who 'want things that we don't want to pay for' and neglect the blue-collar trades at our peril

Allan Merrill of Beazer Homes wonders: Do you want a degree that gives you six figures of debt and a $60k salary or a stable job that brings in $150k?

Fortune

MacKenzie Scott has donated more than $19 billion—but it's barely made a dent in her net worth because of the power of Amazon shares

The billionaire philanthropist has already reduced her Amazon stake by 42%.

Fortune

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The housing affordability crisis is so bad that the average American first-time homebuyer is 40 years old

As ResiClub editor Lance Lambert puts it, the first-time homebuyer in 2025 is just as close to taking Social Security as to graduating from high school.

Fortune

Starbucks apologizes for $29.95 'Bearista' chaos after many fans miss out and merch resells for up to $50,000 online

"The excitement for our merchandise exceeded even our biggest expectations," Starbucks said in a statement to Fortune.

Fortune

The most conservative Supreme Court justices will likely join the liberals against Trump's tariffs, analyst says

"The more likely scenarios would all have Thomas, Alito, and Gorsuch voting to strike down the IEEPA tariffs or to curtail them, in our view."

Fortune

Trump's housing chief calls Jerome Powell a 'maniac' who is 'deranged,' arguing high mortgage rates are 'really hurting people'

Speaking at the ResiDay conference, Bill Pulte said President Donadld Trump avoids D.C. groupthink, but "these other people, like Powell, they've lost their mind."

Fortune

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Netflix cofounder says he stopped work at 5 p.m. every Tuesday for 30 years to stay ‘sane,’ no matter the crisis: ‘Nothing got in the way of that’

For Marc Randolph, the cofounder of $467 billion entertainment giant Netflix, there was one rule about clocking out that kept him “sane” while working for three decades.

Fortune

Not all degrees are a waste of time and money: This ‘life skills' university has become a magnet for the Wall Street elite

As Gen Z questions whether college is worth it, graduates from this ‘life skills’ university had a 99.2% placement rate—far exceeding the national average for success.

Fortune

A $400 million lawsuit against UBS is designed to punish banks who throw employees to the wolves

Wrongly accused bankers are fighting back against the institutions that betrayed them, including Tom Hayes.

Fortune

Ten years ago, millennials bought first homes at 31. Now, Gen Z may wait until 40 as the housing market grows increasingly out of reach

Despite affordability headwinds, more than half of Gen Z still thinks homeownership is part of the American dream.

Fortune

Scott Galloway says it's actually good to have imposter syndrome: 'If you’re not in rooms you don't deserve to be in, you're not trying that hard'

"I fooled them getting into UCLA. I fooled them getting a job at Morgan Stanley. I fooled them getting into graduate school. That's just natural," he said.

Fortune

EU moves to weaken landmark AI Act amid pressure from Trump and U.S. tech giants, according to news report

The European Commission is considering softening parts of its flagship AI Act amid industry complaints that strict rules could stifle innovation and hurt competitiveness.

Fortune

Malaria isn’t just a health crisis — it’s an economic imperative

Economic losses from malaria don’t stay in Africa.

Fortune

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Fortune

Economists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the ‘K-shaped economy’

What was a niche argument about five years ago is suddenly everywhere you look, and it’s taking on the shape of a letter with two jagged edges.

Fortune

Gen Z's love for 'finfluencers' is creating the perfect storm for brands

Get them young and you might have a customer for life. That's the promise, and the peril, for brands.

Fortune

Bank of America CEO: AI deployed across entire workforce to drive growth and productivity

The bank has made $118 billion in technology investments over the past decade.

Fortune

Stripe-backed startup Tempo leads $25 million raise for crypto infrastructure firm Commonware

This is the high-profile startup’s first venture investment since Tempo was founded this year.

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Fortune

Exclusive: Mercury, valued at $3.5 billion, clocks $650 million in 2025 annualized revenue

Mercury reaches $650 million in annualized revenue, jumping from $500 million at the end of 2024, the company exclusively told Fortune.

Fortune

Even as stocks slide, Wall Street is at 'historically extreme valuations,' warns Apollo chief economist

The latest data underlines a broader concern among analysts that a reckoning is looming for the markets.

Fortune

Mark Zuckerberg says 'The Social Network' nailed his wardrobe: 'Every single shirt or fleece they had in that movie is a shirt or fleece that I own'

Zuckerberg even bought one of the shirts worn by actor Jesse Eisenberg, on auction, for over $4,000.

Fortune

Gen Alpha won’t ever have to write an email when they join the workforce, new research reveals—they’ll be sending voice notes to their boss instead

LSE researchers say Gen Alpha will talk, not type at work—they predict that voice notes will make keyboard practically obsolete by 2030.

Fortune

Elon Musk’s $1 trillion pay package was the result of a race to the bottom among states with weak corporate governance laws

Also: All the news and watercooler chat from Fortune.

Fortune

Department stores' new playbook: How Macy's, Dillard's, and Nordstrom are getting their groove back

Department stores have a new playbook to win back shoppers from discount stores and Amazon.

Fortune

The way to get middle managers to embrace AI? Invest in people, not technology, first

Feon Ang, LinkedIn’s APAC managing director, argues that leaders have to focus on the human side of the equation

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