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The Latest Breaking News from Fortune

Users accuse Elon Musk's Grok of a rightward tilt after xAI changes its internal instructions to assume viewpoints from the media are 'biased'

Grok’s new instructions tell it not to shy away from “politically incorrect” viewpoints.

Fortune

Tesla sold precisely zero cars in Turkey in January—now it’s Musk’s hottest market. Here's why

The Eurasian country came within striking distance of becoming Tesla's third largest global market for the month of June, but analysts question the sudden surge: 'Those numbers are weird.'

Fortune

Dacora is the first female-founded and run car company

Dacora is catering to an ultra-luxury clientele, set to buy "America's Rolls Royce" starting in 2028.

Fortune

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Student loan borrowers are facing down a grim summer: These are the benefits businesses can offer employees to help with debt payments

Business leaders have a unique opportunity to assist workers with student loan payments.

Fortune

CFOs shift strategies as economic uncertainty dims growth outlook

Finance chiefs have lowered projections for revenue, earnings, and capital investments, according to a Deloitte survey.

Fortune

Q2 venture funding climbs on AI deals while PE stuck on sidelines

Private equity fundraising in the first half remains slow.

Fortune

Kevin O’Leary says he remembers the moment he became a millionaire—but it 'was very anticlimactic'

The Shark Tank star reflects on when he became a millionaire.

Fortune

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AI is running rampant on college campuses as professors and students lean on artificial intelligence

AI is continuing to cause trouble on college campuses, but this time it's professors who are in the firing line.

Fortune

Trump keeps getting in the way of the rate cut he desperately wants from Jerome Powell

Deutsche Bank argues the Fed's path to cutting is only getting more "difficult" because of Trump's changing tariff policies.

Fortune

Firms from Uber to Amazon are diving into stablecoins. Here’s what they hope to gain

Stablecoin boosters say the crypto assets can lead to big cost savings, but some analysts are skeptical they will catch on.

Fortune

Joe Kiani is back: After being ousted from Masimo the billionaire has returned as CEO of Like Minded Labs

Also: All the news and watercooler chat from Fortune.

Fortune

Melinda French Gates reveals she’s refusing to fund her Gen Z daughter’s new startup—despite being worth nearly $31 billion

Microsoft cofounder Bill Gates has long warned that his kids won’t be coasting off his fortune—and Melinda French Gates is making sure that mindset starts early, by insisting her daughter raises capital on her own.

Fortune

Asia shrugs off Trump’s new tariff threat, as governments hope they can get a deal before Aug. 1

On Monday, Trump’s White House unveiled flat 25% tariffs on Japan and South Korea, two of the U.S.’s trading partners.

Fortune

Richard 'Dick' Eastland, Camp Mystic's 74-year-old owner, died while leading campers to safety during the devastating floods

Eastland was the third generation of his family to manage Camp Mystic in Kerr County, Texas.

Fortune

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Fortune

Social Security sends incorrect email saying Trump's 'Big Beautiful Bill' ends taxes on the benefit

The legislation does increase the standard deduction for seniors.

Fortune

Trump donor scammed out of $2500k in crypto after someone pretending to be Steve Witkoff allegedly sent an eerily convincing email

According to the complaint, the scam began when the victim received an email purporting to be from Steve Witkoff, co-chair of the Trump-Vance Inaugural Committee.

Fortune

After a $1.5 billion cleanup, the Seine reopens for swimming

For the first time in a century, the river is clean enough to be open to the public.

Fortune

Forget a ‘shadow’ Fed chair, here’s how the central bank could have two different leaders at once

Jerome Powell actually wears two hats: He is chair of the Fed’s Board of Governors and chair of the Federal Open Market Committee.

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Fortune

Stocks sink after Trump announces steep tariffs Japan, Korea and 5 other countries

Trump also extended the pause on tariffs to Aug. 1.

Fortune

Bill Gates was right to defend USAID as Elon Musk attacked—take it from someone who felt its impact

Gates called the now-shuttered USAID “the best” of the world's development agencies as Musk called it “beyond repair.”

Fortune

Trump slaps 25% tariffs on Japan and South Korea—and Wall Street stumbles

The tariffs target two of America’s closest allies and key suppliers of autos, electronics, and steel.

Fortune

AI can make anyone rich: Mark Cuban says it could turn 'just one dude in a basement' into a trillionaire

The billionaire "Shark Tank" star and former Dallas Mavericks owner is a dedicated AI user.

Fortune

Michael Dell’s net worth has soared by $1.2 billion—but it’s still not enough to crack the world’s richest inner circle

The Dell CEO and founder now boasts a net worth of $138 billion, just $1 billion shy of overtaking Jensen Huang for the number 10 spot on the ultra-rich list.

Fortune

Putin minister Roman Starovoit allegedly dies by suicide hours after firing

“Sudden Russian death syndrome” strikes again.

Fortune

Ante up: Trump's budget bill stacks the cards against gamblers, saddling them with a notably higher tax bill

You won't be able to write off losses as thoroughly starting next year.

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