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The Latest Breaking News from 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

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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.

Fortune

Chef Boyardee's founder sold the brand for $6 million in 1946—Conagra has just sold it for $600 million to a private equity firm

Chef Boyardee just sold for $600 million—its founder was an Italian immigrant who was living the American Dream at 17 years old.

Fortune

Peter Thiel is backing Palmer Luckey's Erebor digital bank, but that name has a dark history

The duo have a long history of adopting Tolkien names.

Fortune

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Dating apps are doomed because Gen Z is locked in on meet-cutes, former Hinge content lead says: They want to vibe their way through meeting people

Podcaster Ilana Dunn reflects on how the dating world has changed.

Fortune

Diaspora Co. raised capital only from angel investors

Diaspora Co. sells high-quality spices sourced from southeast Asia.

Fortune

Smaller offices, private spaces, more snacks: Here’s how companies are changing their workspaces to win the RTO wars

Leaders are looking to change their workspaces to get employees back into the office.

Fortune

The fireworks between D.C. and Silicon Valley are just starting

As some startup and venture insiders cheered the Trump tax and spending bill, Elon Musk declared war on the political establishment.

Fortune

Goldman Sachs bets on generative AI and empowers 'AI natives'

With every major technological shift, a new generation of leaders emerges, according to Goldman Sachs' CIO.

Fortune

America Party is ‘exactly the opposite’ of what Elon Musk’s shareholders want and could force Tesla's board to intervene, warns Dan Ives

The veteran Tesla bull says there is a "sense of exhaustion" from many investors that their CEO keeps heading down the political track.

Fortune

The hidden career cost of having a powerful professional network

Executives often believe that proximity to greatness is a career accelerator, but new research shows high-profile connections can hinder long-term recognition and advancement.

Fortune

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Fortune

Why investors are unbothered by Trump’s ongoing tariff chaos

Everyone expected Trump’s policies to damage the U.S. and global economy, but that damage keeps not appearing.

Fortune

Europe’s corporations enter new era of cooperation with E.U. to bolster competitiveness against the U.S. and China

Also: All the news and watercooler chat from Fortune.

Fortune

Dow futures fall as Trump officials signal limited breathing room before tariffs 'boomerang back'

While markets expected an extension ahead of the July 9 end to the tariff reprieve, administration officials signaled there will be just a few weeks' worth.

Fortune

Musk forms the America Party and Sam Altman backs ‘techno-capitalism’ as crumbling economic consensus gives way to rival visions

“A new economic order is forming—which means that it is not yet fixed and can still be shaped.”

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Fortune

The Gen Z whisperer on the economy puts $50 in the S&P 500 every month 'no matter what'

"That's why investing is important because generational wealth has to start somewhere," economic commentator Kyla Scanlon said.

Fortune

Southwest's CEO says he picks up trash and serves snacks when flying and shares advice from the airline's legendary cofounder

"I don’t want to be crawling over people, so I tend to sit on the aisle so I can get out and do stuff."

Fortune

Starbucks is pioneering the ‘coffeehouse of the future’ with comfy chairs and couches as its CEO pushes to reimagine its stores

The company is redesigning some locations with premium touches, starting in New York and Southern California.

Fortune

Isomorphic Labs has grand ambitions to 'solve all diseases' with AI. Now, it's gearing up for its first human trials

“One day we hope to be able to say — well, here’s a disease, and then click a button and out pops the design for a drug to address that disease,” Colin Murdoch, Isomorphic Labs president and Google DeepMind's chief business officer said.

Fortune

Crayola’s now-CEO leaned in to automation when everyone else was offshoring and now he’s reaping the rewards

America’s top producer of children’s art supplies still creates most of its products in the northeastern U.S. But while that keeps it mostly insulated from tariffs, getting there wasn’t an easy process.

Fortune

This CEO went from folding clothes at Nordstrom to being Jeff Bezos' right hand man—the billionaire told him to delegate to his employees more

Amazon’s Jeff Bezos taught Coursera’s new chief executive Greg Hart the fewer decisions that have to go to the CEO, the better.

Fortune

Six women thought they found love online. It was a married father of 2 scamming them out of millions

A man from Nigeria pleaded guilty in a $2.5 million romance scam that devastated six victims.

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