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The Latest Breaking News from Fortune

U.S. economy will be growing faster than 3% this time next year, predicts Treasury’s Bessent

A combination of pro-growth trade policies, tax cuts, and deregulation will soon lead to a pickup in activity, according to the Trump administration, following a 0.3% annualized contraction in the first quarter.

Fortune

Tesla tested its robotaxi with Austin employees on a closed-street last week, but city officials and first responders say they're still waiting for key info ahead of June launch

Austin city departments say they have not received the emergency planning guides they have asked for, and Tesla hasn't specified what level of autonomy its robotaxi vehicles will be using at launch.

Fortune

Best freebies and discounts for veterans on Memorial Day 2025

Food and fun for less on a day of remembrance.

Fortune

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Housing may soon flash a recession warning as investment cracks under the weight of high rates

“Housing activity looks set to contract in Q2 after advancing only weakly in Q1.”

Fortune

Singapore’s ComfortDelGro will bid for Melbourne's rail line as it takes its public transport model global

“Ten to 14 years ago we were not even in the position to bid for this contract,” ComforDelGro CEO Cheng Siak Kian said in an interview with Fortune.

Fortune

Jerome Powell tells Princeton grads not to take universities for granted and that 'integrity is all we have—guard it carefully'

"Our great universities are the envy of the world and a crucial national asset," Powell said.

Fortune

Here's how the Supreme Court could weaken American exceptionalism in financial markets

"The Court’s order suggests they'll likely support expanded presidential power in upcoming decisions, giving credence & support to the Unitary Executive Theory."

Fortune

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AI is 'breaking' entry-level jobs that Gen Z workers need to launch careers, LinkedIn exec warns

"Breaking first is the bottom rung of the career ladder."

Fortune

Before he revolutionized tech with Steve Jobs, Jony Ive wanted to quit Apple. Now he’s forging a new power pair with OpenAI’s Sam Altman

After a $6.5 billion acquisition, Ive is joining Altman at OpenAI to create new AI-native devices.

Fortune

Millennial CEO grew up with a heroin addict dad. Now he’s running a multimillion-dollar agency—he got his big break by emailing people he bumped into on the beach

Before his rise in the agency world, Sam Budd was grappling with the trauma of his brother’s death, battling school expulsions, and visiting his homeless father under motorway bridges.

Fortune

High school students are totally behind and addicted to their phones—it's making teachers crazy and driving them to quit

With over 400,000 unfilled teaching roles in the U.S., burnout and low pay are driving educators away from the profession.

Fortune

King Dollar won't just give up its crown. Rivals have to take it away, but they're not ready, currency expert says

"Unless that changes, the dollar will remain on a much longer leash than any currency should rightfully have."

Fortune

There's a 'buyer's strike' on U.S. assets as foreign investors can't stomach huge deficits anymore, analyst warns

"At the core of the problem is that foreign investors are simply no longer willing to finance US twin deficits at current level of prices."

Fortune

Snoop Dogg says 'adversity is like the gym for your soul' and offers 3 pieces of advice for USC business school grads

"It's always the underdogs who end up running the game. Trust me, that's why I'm running the game."

Fortune

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Fortune

Hundreds of billionaires pledged to give away $600 billion to charity—but the Bill Gates and Warren Buffett era of philanthropy may be over

A new tax proposal aimed at crippling liberal philanthropic foundations may bulldoze a billionaire giving norm—but women like MacKenzie Scott and Melinda French Gates are expected to step up instead.

Fortune

Duolingo CEO walks back AI-first comments: 'I do not see AI as replacing what our employees do'

The post came a week after he said AI would replace contract workers and, eventually, human teachers.

Fortune

Salesforce exec says rise of AI agents means ‘every job should be rethought’

AI agents can do tedious tasks better than people, allowing human talent to be refocused on more critical opportunities.

Fortune

Markets dip after Trump threatens tariffs against Europe and Apple, sinking the iPhone maker's stock by 3%

The president said he would issue a 50% tariff on the EU and a 25% tax on Apple in a pair of Truth Social posts.

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Fortune

Trump is killing the goose that laid America’s golden eggs

U.S. competitiveness has always depended on its universities' openness to talent and commitment to research.

Fortune

3 takeaways from a cardiologist and 'SuperAgers' researcher on how to live longer and healthier

Dr. Eric Topol says science can make “big inroads by preventing age-related diseases.”

Fortune

U.S. may lose 230,000 jobs if foreign tourists stay away

For every dollar no longer spent by visitors to the U.S., an additional $1.19 is lost throughout the economy.

Fortune

Goodyear set to deliver on divestment plan after it strikes deal to sell synthetic rubber business

The tire maker expects to reap $650 million in gross proceeds from selling most of its chemical arm, achieving a key target from its Goodyear Forward restructuring plan.

Fortune

Visa exec says Saudi businesswomen are showing a ‘very aggressive’ side as traditional barriers to success crumble

Saeeda Jaffar, a senior VP at Visa, said in her office more than half of the Saudi workforce are women—and "they love client-facing roles."

Fortune

Wells Fargo warns Trump’s tariffs won’t bring back American manufacturing jobs, which will need a minimum $2.9 trillion investment to regain peak

“Returning U.S. manufacturing employment to a level that remotely resembles its historical peak will be an uphill battle,” the bank said this week.

Fortune

Investors pile into Bitcoin ETFs as Bitcoin's price hovers near all-time high

BlackRock’s Bitcoin ETF raked in more investments than any other ETF on Thursday.

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