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The Latest Breaking News from Fortune

Private equity roll-ups are undermining the free enterprise system—and the American Dream

Private equity deals, cloaked in financial engineering, lead to fewer owners, fewer options, and less upward mobility.

Fortune

The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says

Don't expect mortgage rates to drop anytime soon, the London-based research firm says.

Fortune

Bitcoin reaches all-time highs as it surges beyond $113,000

After the top cryptocurrency spent much of the past few months over $100,000, a recent rally sent it to new heights.

Fortune

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Is your city a winner or loser in the return-to-office race? Capital Economics breaks it down

The London-based research firm also issued a forecast through 2029, finding three cities rising above the rest.

Fortune

Deepfake scams have quietly exploded. A cloned Marco Rubio voice targeting U.S. officials is just the latest sign

With just 15 seconds of audio, hackers can now launch convincing deepfake scams—targeting CEOs, employees, and even world leaders.

Fortune

Tech CEO Garry Tan slams college entrepreneurship programs for 'teaching you to lie'—he warns Gen Z students that it could land them in jail

Y Combinator boss Garry Tan warns against the “dangerous” embrace of Sam Bankman-Fried and Elizabeth Holmes by some education programs.

Fortune

Wall Street’s advice after Nvidia hits historic $4 trillion market cap: BUY

Investors still only see upside for Nvidia as the poster child for the AI boom.

Fortune

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A medium for your mutt: NYC hotel is offering an in-house 'Pup Psychic'

They'll also have access to a doggie social club.

Fortune

Multimillionaire athlete-turned-CEO says he never buys expensive clothes and only flies economy because he's in constant fear of running out of cash

Tom Beahon has cofounded £1 billion sportswear brand Castore, but the frugal early years of living off £1,000 pounds monthly and living with his parents are “deeply branded” on his soul: "That day-to-day focus on cash, that paranoia.”

Fortune

The company behind Nutella seals deal to buy the maker of Froot Loops

Ferrero Group strikes deal to acquire WK Kellogg Co.

Fortune

With Elon Musk's right hand Linda Yaccarino stepping down, here's who Polymarket is betting will take over the CEO spot at X

It's neck and neck.

Fortune

The Gen Z glossary for millenial and Gen X managers

It won’t be long until Gen X managers feel left out of watercooler chats with their twentysomething-year-old workers.

Fortune

CEOs reacting to tariffs with wait-and-see have a dangerous misread of the moment

Tariffs aren’t the cause of disruption. They’re the accelerant—and companies risk falling behind.

Fortune

The S&P is soaring, but fewer companies are setting record highs. Why that could be a red flag for the market

Pay attention to market breadth, analysts say.

Fortune

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Fortune

It’s a cruel summer for student loan borrowers. Here’s how HR leaders can make the case for better benefits for their employees

As the Trump administration allows garnishing wages of borrowers in default, experts say student loan benefits are a business imperative.

Fortune

Did Linda Yaccarino have real power at X?

The former NBCUniversal exec is leaving after two years, following Musk's sale of X to his own company xAI.

Fortune

Looming pay transparency laws could create chaos for multinational companies and only 19% are ready for the new normal

Most employers are falling behind on preparing their workplaces for new regulation in the EU and elsewhere.

Fortune

Why sophisticated travelers are increasingly hopping aboard luxury trains

Many travelers are learning to appreciate a more relaxed trip with scenic views—amid impressive opulence, of course.

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Fortune

Exclusive: Stablecoin startup Agora raises $50 million Series A led by crypto VC giant Paradigm

Agora is run by Nick van Eck, son of asset management veteran Jan van Eck.

Fortune

Salesforce surpasses 1 million AI agent-customer conversations, says finance chief

Robin Washington, chief operating and financial officer at Salesforce, talks agentic AI and offers career advice.

Fortune

The SEC opened the ‘floodgates’ for crypto ETFs, experts say, marking a new era for the industry

Experts tell Fortune they expect more ETFs tied crypto products like Solana, Ripple’s XRP, and potentially even Trump’s memecoin, to launch

Fortune

Linda Yaccarino’s X exit was predictable—and raises more questions than it answers

In an unsurprising turn of events, Linda Yaccarino’s tenure as CEO of X has come to an end.

Fortune

Elon Musk says even if AI ultimately proves bad for humanity he still wants to be there to see it

The xAI founder said the very notion humans actually once managed an economy will seem very quaint in the future, like “cavemen throwing sticks into a fire.”

Fortune

What it takes to be wealthy in America: $2.3 million, Charles Schwab says

Survey respondents said it feels like it takes more money to feel wealthy today compared to last year.

Fortune

Trump’s copper tariff is ushering in a Golden Age of scrap metal

While the cost of copper is going up for American businesses and consumers, the rest of the world is scratching its head while it enjoys a considerable discount on the price of copper.

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