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The Latest Breaking News from Fortune

Top economist Larry Summers is highly concerned U.S. Treasuries were trading 'like those of an emerging market nation'

In a wide ranging interview with Fortune, the former Treasury Secretary also says we're already seeing the first signals of a possible recession.

Fortune

Elon Musk drastically drops DOGE’s savings goal from $2 trillion to $150 billion for the year

In a cabinet meeting, Elon Musk appeared to dramatically lower DOGE’s savings goal.

Fortune

Inside the bond market’s $800 billion ‘murder mystery’

One of Trump’s head economists said the spike in yields added “urgency” to the decision to pause the president’s reciprocal tariffs.

Fortune

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Trump’s trade war with China begins — and Apple and Tesla are the first casualties

Also: Fortune’s 100 Best Companies to Work For, Apple’s supply chain is trapped.

Fortune

Job applicants are using AI to lie about their true identities. Here’s what HR leaders need to look out for

Companies today are getting a deluge of job applications attached to fake identities.

Fortune

Andy Jassy’s new shareholder letter highlights his quest to resurrect the startup that Amazon once was

What the CEO is seeking to do is largely uncharted territory: transforming a global behemoth into the “world’s largest startup.”

Fortune

The U.S. is now gearing up for a confrontation with China, which some say was the plan all along

The case for and against the existence of Trump’s Grand Plan.

Fortune

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'Bond King' Bill Gross warns Gen Z and millennials will be the biggest losers from tariff-fueled market swings that rely on whether Trump 'had a good night's sleep'

The president pressed pause on some tariffs, but after a relief-fueled rally, stocks retreated less than 24 hours later and fears of inflation and a potential recession still swirl.

Fortune

Apple’s Steve Jobs dealt with the 2008 financial crisis by investing his way through the downturn, instead of slashing jobs and budgets—2 years later the iconic iPad was launched

Just two years after the 2008 financial crisis, Apple released the iPad.

Fortune

AOC and Warren demand answers on ‘insider trading’ allegations after Trump’s tariff U-turn sparks stock surge

“Americans need to know whether President Trump or anyone in his administration manipulated the market to benefit their donors,” said Sen. Elizabeth Warren.

Fortune

Trump's tariff pause gives businesses some breathing room but they're still frozen when it comes to hiring decisions

You probably shouldn’t expect a hiring spree.

Fortune

Goldman Sachs pulled its recession call moments after Trump pressed pause on tariffs. Moody's chief economist isn't convinced: 'I take no solace in the president's announcement'

Markets are bouncing back, but not everyone is so relieved.

Fortune

Get ready to pay more than $2,000 for a new iPhone: Experts say Trump's 125% tariff on China is a 'complete disaster for Apple' akin to 'Armageddon'

Trump's 125% tariff on China could soon make the latest iPhone unattainable for most Americans, experts warn.

Fortune

America’s largest egg producer saw profits triple last quarter after raking in millions in government assistance

Egg giant Cal-Maine sold 20% more eggs, but collected about 350% more dollars as it did pre-pandemic.

Fortune

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Fortune

Prada scores a $200 million discount on imminent Versace deal thanks to tariff uncertainty, report says

After months of speculation, Prada's acquisition of Versace might finally happen—but the tariffs impact the deal's price.

Fortune

Co-founder of $12 billion crypto company says Gen Z new hires 'create an absurd amount of chaos' and make him want to pull his hair out—but he's betting on them anyway

Paradigm CEO Matt Huang feels like he’s “running the X-Men Academy”. While other leaders complain about their Gen Z new hires, the crypto chief is going against the grain and promoting them into the C-suite.

Fortune

A 23-year-old spent his last $500 on memecoin—and then shot himself playing Russian roulette

After his death, memecoin traders turned a profit from tokens named after his online persona.

Fortune

Finland's Oura went from a tiny Kickstarter campaign to a $5.2-billion start-up with Cristiano Ronaldo and Prince Harry among its fans

Oura just capped off a funding round that will help the Finnish company look “beyond rings,” CEO Tom Hale said.

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news in one place.

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Fortune

Why Chipotle won't raise prices even in the event of tariffs, according to CEO Scott Boatwright

"I think it's unfair to the consumer to pass those costs off to the consumer, because pricing is permanent," Boatwright told Fortune.

Fortune

Trump’s China tariff attack will crush 'Main Street' U.S. businesses on Amazon

A $5 million Idaho business selling the top-ranked swing on Amazon for kids with special needs says his business will be destroyed within months. Other small businesses will follow.

Fortune

Ms. Rachel just welcomed a baby via surrogate. Why demand for surrogacy is soaring—and how it works

“I was unable to carry this pregnancy for medical reasons and we were blessed to have a surrogate who gave us the most precious gift possible," Ms. Rachel wrote on Instagram.

Fortune

Canada is duking it out with SpaceX, insisting Starlink doesn't need millions in subsidies: 'We should not be giving one cent of public money to an unaccountable imperialist like Elon Musk'

There has been an apparent Canada-wide rebuke of the world's richest man since joining Donald Trump's administration.

Marie Claire

Meghan Markle Shares Her Thoughts on Trump's Tariffs as She Launches As Ever

The Duchess of Sussex opened up about how her new business could be impacted in a new interview with 'Fortune.'

Fortune

Jamie Dimon hates how cell phones have ruined productivity in meetings—and experts are rejoicing at someone finally stating the obvious

JPMorgan Chase CEO Jamie Dimon would prefer to “kill meetings,” but if they need to happen, you must be prepared, transparent, and avoid getting distracted by emails or text messages. Experts say his stark words are even more important now as leaders issue return-to-office mandates.

Fortune

Musk's DOGE reportedly deploys AI to monitor federal workers for anti-Trump sentiment

The Trump administration has made no secret of its desire for a smaller government staffed by loyalists.

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