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The Latest Breaking News from Fortune

Bond yields just hit 'yippy' levels last seen during the post-Liberation Day meltdown

The 30-year Treasury yield jumped more than 10 basis points, topping 5%, before easing just below that threshold by midday.

Fortune

'Addictive' tariffs are here to stay, warns Wharton professor, even if Democrats win the next election

"Democrats will be addicted to [tariffs] as Republicans—or are as likely to be," Professor Joao Gomes said.

Fortune

Fortune Most Powerful Women International Summit begins

Fortune's Most Powerful Women International Summit starts on Tuesday.

Fortune

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What companies need to know about Trump’s looming DEI deadline

Companies are preparing for the next battle in President Donald Trump’s war on corporate diversity, equity and inclusion policies.

Fortune

Parent groups are hosting 'Alternative Device Fairs' that showcase 'dumb' phones with limited features

The fairs, where “dumb” or restricted phones are exhibited to parents, have been popping up around the U.S.

Fortune

Volkswagen shareholders demand 'part-time CEO' Oliver Blume finally drop his side job running Porsche

Three years into his dual assignment, Blume is facing increasing pressure to focus on one of his two posts given a perceived conflict of interest and mounting problems in China.

Fortune

How Walmart's CFO uses scenario planning to navigate tariff uncertainty

Walmart expects its prices to increase by the end of May.

Fortune

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Meet your startup’s next recruiter: Your venture capital firm

Why Goanna Capital is launching a recruiting platform to help its portfolio companies.

Fortune

Tesla supplier CATL, the world’s leading battery maker, to start trading in HK after a bumper $4.6 billion IPO

CATL is foraying into global markets amid growing trade tensions between the U.S. and China, which have sent markets careening over the past several weeks.

Fortune

GOP is proposing tax-preferred 'MAGA' accounts for children. Here's how they stack up to existing investing options

"Given that the proposed MAGA accounts are not 529 plans, parents could take advantage of both."

Fortune

The sell America trade is back as investors eye Moody's downgrade and budget bill

The U.S. dollar slipped against the Japanese yen and the euro too.

Fortune

The path to CEO is increasingly running through marketing

Today, 37% of Fortune 500 CEOs have marketing experience somewhere along their path to the top.

Fortune

Jamie Dimon says he's not against remote workers, but they 'will not tell JPMorgan what to do'

While Jamie Dimon has said there is a time and a place for remote and hybrid work, he says he won't be told by office-resistant staffers how to run JPMorgan.

Fortune

Walmart’s warning of higher prices puts spotlight on ‘RIM accounting’ practice favored by big retailers

CFO John David Rainey said RIM accounting will accentuate tariff-induced financial swings.

Fortune

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The powerhouse CEOs of the midwest

Also: Bessent calls tariff uncertainty “strategic” and Biden diagnosed with prostate cancer.

Fortune

These are the top 10 worst-paying college majors

New data from the Federal Reserve Bank of New York shows college majors with the lowest median income after graduation.

Fortune

'Hated' Ethereum due for a comeback says crypto icon Arthur Hayes

The BitMEX founder thinks a spending spree by the U.S. Treasury will help lift the price of Bitcoin.

Fortune

Dow futures drop 250 points and Treasury yields jump after Moody's downgrades U.S. debt

Late Friday, Moody's downgraded the U.S. credit rating one notch to Aa1 from AAA, the highest grade.

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Fortune

Former President Joe Biden has been diagnosed with an aggressive form of prostate cancer that has spread

“While this represents a more aggressive form of the disease, the cancer appears to be hormone-sensitive which allows for effective management.”

Fortune

Mansion sales are booming as the rich seek shelter from trade war fallout — 'real estate is safer'

By contrast, the overall housing market has been subdued as high mortgage rates and home prices keep most Americans on the sidelines.

Fortune

Scott Bessent says tariff uncertainty is a tactic — otherwise countries 'would play us in the negotiations'

"If we were to give too much certainty to the other countries, then they would play us in the negotiations," Bessent told CNN.

Fortune

Lawyer admits to ‘embarrassing’ mistake after Anthropic's Claude made up a source in a legal filing—and no one caught it

The attorney said it was “an honest” mistake even after a manual review beforehand.

Fortune

'This is the mafia' — How North Korea structures its IT workers like an organized crime syndicate

The North Korean IT workers scheme rakes in $250 million to $600 million per year and billions in crypto, according to UN estimates.

Fortune

Major companies are anxiously awaiting to see whether or not they will be targeted by the federal government for a DEI investigation

“Companies have been trying to prepare for this.”

Fortune

Study looking at AI chatbots in 7,000 workplaces finds 'no significant impact on earnings or recorded hours in any occupation'

Despite AI’s promise to revolutionize white-collar work, most workers are using it sparingly—or hiding it from their boss.

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