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The Latest Breaking News from Fortune

Lumber prices are plunging. Blame the record drop in U.S. housing affordability and a post-pandemic double bubble ‘hangover’

“It’s an ugly scenario” for the lumber market, Sitka Forest Products' Ashley Boeckholt told Fortune. “We’re kind of having a hangover from a great three years.”

Fortune

How Hero Cosmetics' CEO made once-shameful pimple patches a Gen Z status symbol

The Mondelez and Samsung alum used her corporate America know-how and her Korean skincare obsession to launch the category-defining Mighty Patches—without VC funding.

Fortune

The South Bronx is a cross section of everything wrong with America

Its residents make up just 6.5% of the city’s population, and yet host two-thirds of the city’s waste sites, incinerators, and factories.

Fortune

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Eventbrite’s CEO took the top job after her husband and in the ‘dark room’ of COVID realized she’d ‘forgotten to have a moment of doubt’

"I remember laying on the ground of our home office just thinking ‘If I live through this I’m never going to waste time feeling a lack of confidence.’"

Fortune

Can Hinge help solve the Gen Z loneliness epidemic? The CMO says she's doing this to help

“We know that you can't date well if you're not feeling well, so we started digging into what was happening," says Hinge CMO Jackie Jantos.

Fortune

How to survive Paris during the 2024 Olympics

For the uninitiated, Paris can be a lot. So, Fortune spoke to tourism, insurance, banking, and culture experts for their tips on navigating the city.

Fortune

5 ways to keep work from getting in the way of your relationship

Multiple studies show that work stress strains relationships, and even leads to many ending.

Fortune

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Donald Trump says immigration is taking 'Black jobs.' Top economists: No

The long-standing question is "settled," Harvard economist Lant Pritchett says.

Fortune

A Wells Fargo analyst ordered the same Chipotle burrito bowl 75 times and found the portion problem is real

The smallest bowl weighed barely more than a can of soda—the largest weighed almost double that.

Fortune

Can AI be ‘superhumanly smart’? Goldman Sachs CIO has his doubts

In an interview yesterday with Fortune, CIO Marco Argenti struck an understated tone on the power of generative AI models.

Fortune

America is mobilizing to protect kids’ mental health. Social media and online safety bills are a good start—but California is going the extra mile

In California, some 13 million children, teens, and young adults under 25 now have free access to two digital mental health and wellness apps.

Fortune

I’m a game developer CTO. AI is forcing us to rethink the rules—and boosting my appreciation for human creativity

AI will never replace storytelling, craft, and collaboration, and it erodes the very things that make video games special when misused.

Fortune

Patagonia became famous for letting staff cut out early to chase waves—now it's asking dozens of employees to relocate or leave because it’s 300% overstaffed

Roughly a third of Patagonia’s customer-service staff will be asked to move within 60 miles of a designated “hub” city.

Fortune

Women like me are missing out on one of the best jobs available today as careers in private equity have a 50% chance of going awry

The experience of the women in PE is driven by the senior leaders and managers to whom they were exposed. 50% of the time, women thrive.

Fortune

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Fortune

Slack’s AI is saving users 97 minutes a week, but workers aren't sure what to do with their free time

Denise Dresser says AI is freeing up time. Now employees need to avoid doing more "work on work."

Fortune

Zoom no longer wants to be known by the very thing that made it famous: Video calls

Zoom no longer wants to be known by the very thing that made it famous: Video calls.

Fortune

COOs are balancing AI's gains with potential risks to employee morale

Chief operating officers from Macy's, Lemonade, U.S. Bank, and other companies discussed at a Fortune event how they are using AI to create efficiencies while balancing employee concerns.

Fortune

Arizona Iced Tea founder explains why it still costs less than $1 a can, in a move straight out of Costco's playbook

CEO Vultaggio said the company will keep the price stable for the “foreseeable future.”

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Fortune

CNN is set to make millions off the Trump-Biden debate by bucking tradition

Thursday’s debate will be the first in history to have commercial breaks in the middle, leading to what some call a "slippery slope."

Fortune

Landlords are on edge over the housing market’s insurance shock—a whopping 80% say they’re anxious, survey reveals

One small landlord told Fortune his insurance and taxes went up between $600 and $700 a month for a property in Fort Lauderdale.

Fortune

Ellevest's founder went to Wall Street when she didn't secure a journalism job. Now her $2 billion empire is helping women build their own wealth

The investing industry tends to look past women and mostly serve men, longtime Wall Street executive Sallie Krawcheck says. That's what led her to build Ellevest.

Fortune

Cybersecurity is now a ‘team sport’ amid a wave of generative AI–based attacks, say tech experts

AI “is available to both our friends and foes,” warned Maria Milosavljevic, group CISO at ANZ Banking Group, at a Fortune conversation Wednesday.

Fortune

Why the nation of Alan Turing is poised to revolutionize AI despite the recent dip in investment, according to a venture capitalist

There are two axiomatic ingredients for building world-changing companies: Capital and talent. In both areas, Britain is at a huge advantage.

International Business Times UK

Fortune 500 CEOs Shun Support For Trump, Highlights Corporate America's Shift Ahead of US Elections

Since Trump became the Republican nominee in 2016, donations from the country's CEOs haven't recovered.

Fortune

The Tulsa Race Massacre court ruling is disappointing—but it should serve as a catalyst for justice

The Oklahoma Supreme Court has dismissed the case brought on by the survivors of the 1921 massacre—but those in positions of power can act today.

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