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The Latest Breaking News from 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.

Fortune

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Trump threatens Apple with tariffs, but U.S.-made iPhones are still a ‘fairy tale’ and would cost thousands of dollars

“If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.,” Trump wrote on Truth Social on Friday.

Fortune

Shark Tank's newest star gives Gen Z grads a reality check—that they need to 'wake up earlier and stay up later' to achieve their dreams

Billionaire KIND bar founder Daniel Lubetzky admits to UC Berkeley students that even though baby boomers love to hate on Gen Z’s habits, he’s rooting for them to succeed.

Fortune

These are the books JPMorgan says the top 1% should read right now—with recommendations for ultrawealthy Gen Z included

The bank’s summer reading list is out, and Melinda French Gates and Amy Griffin’s books made the cut—as did book recommendations for Gen Z inheritors.

Fortune

A different kind of Brat summer: Johnsonville will offer an 80-pound, 249-link variety pack of sausages, brats, and hot dogs, which comes with its own hand truck

One link for each year of America's history.

Fortune

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Brawny triples down on the paper towel wars with a new 3-ply option—and it's giving out free house cleanings

Market could reach nearly $9 billion in next five years.

Fortune

Judge blocks Trump administration plan to block foreign students from attending Harvard

"Without its international students, Harvard is not Harvard."

Fortune

Republican tax bill would actually decrease the poorest Americans' incomes

Many Americans who make less than $51,000 a year would see their after-tax income fall if the legislation is passed as is.

Fortune

Influencer who attended Trump’s memecoin dinner says he got a ‘Walmart steak’—and no access to the president

“I was hoping for either Big Macs or pizza. That would have been better than the food that we were served,” said Nicholas Pinto.

Fortune

Anthropic’s new AI model threatened to reveal engineer's affair to avoid being shut down

In a fictional scenario set up to test Claude Opus 4, the model often resorted to blackmail when threatened with being replaced.

Fortune

Zillow exec says 'remote work isn't a perk, it's a business strategy'

Zillow stuck with remote work while other companies issued return-to-office mandates, and the decision has paid off.

Fortune

Trump’s ‘Robin Hood in reverse’ tax bill is driving up the cost of buying a home, Democrats say

“Trump and Republicans are directly responsible for the spike in the 30-year Treasury bond yield and mortgage rates,” said the fourth-highest-ranking House Democrat.

Fortune

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Fortune

Trump blasts out bevy of threats against Apple and the EU, saying imported iPhones face a 25% hike

Writing on Truth Social, President Trump put pressure on both Apple and the EU to get behind his 'America First' policy.

Fortune

Chanel might hold off dividend payment for 2024 as profits tumble by 30%

The French tweed suit maker saw revenues and operating profits fall 4.3% and 30%, respectively, in 2024.

Fortune

New York Times CEO Meredith Kopit Levien on Trump and an industry in crisis

“I never wanted the top job,” says Levien. “I just wanted to do the biggest version of the work I loved.”

Fortune

Employees across age groups are all looking for the same benefit: autonomy over schedules

Regardless of age, all workers want the ability to manage their own schedules.

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Fortune

Pharma tech CFO says finance is at the center of AI strategy

Medidata Solutions CFO Josh Schwartz is steering the company toward a focus on "AI everywhere."

Fortune

Jamie Dimon says these are the two things that will change for whoever becomes JPMorgan CEO

Four candidates have emerged as potential successors for JPMorgan CEO Jamie Dimon, and he says the next boss of the banking giant can expect two major changes when they take on the role.

Fortune

AI M&A signals that the hype cycle is growing up

As April showers brought May flowers, they also brought a whole new wave of AI-centric M&A.

Fortune

The jet Qatar gave to Trump is valued around $400 million. Experts say it might cost taxpayers $1 billion just to upgrade it to presidential standards

The U.S. government has already paid for two more aircrafts to join the Air Force One fleet in 2027.

Fortune

The bond market is worrying that 'something may be breaking beneath the surface' of Trump's tax bill

Saxo Bank’s Charu Chanana says: “The bond market is sending out distress flares."

Fortune

Yields hit housing bubble levels. Get ready for higher rates

A ballooning deficit and higher inflation could keep long-term interest rates elevated.

Fortune

A new book makes the case for putting money supply at the center of the U.S. economy and re-empowering commercial banks

“Making Money Work” argues that policymakers should once again make banks the centerpiece of the financial ecosystem.

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