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The Latest Breaking News from Fortune

Investors are betting big on 'prediction markets' Kalshi and Polymarket—will the gamble pay off?

The two startups generated huge buzz by accurately predicting the 2024 election results. Their young founders still face long odds.

Fortune

Inside MrBeast's $5 Billion Generosity Machine — and the Hidden Costs Behind It

Internet sensation Jimmy Donaldson, better known as MrBeast, has successfully established an entertainment empire valued at over $5 billion.

Benzinga

This chief people officer is leading ‘Gen Z training’ for managers at her $1.5 billion startup. Both sides have a lot to learn

Rebecca Adams, chief people officer of Cohesity, said Gen Z colleagues "share everything, which I admire," but sometimes "it also is mindboggling."

Fortune

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Half of the Fortune 500 are gone since 2000. History moves faster than we remember and AI is on the march

AI won't just change Fortune 500 business models—it will decide if massive companies survive.

Fortune

Founders are using creative accounting to boost lofty ‘ARR’—the hottest startup metric in Silicon Valley

Annual recurring revenue is the metric VCs and founders love to tout. But skeptics think these overblown numbers are helping fuel a bubble.

Fortune

This teacher quit crowded classrooms to run her own microschool—now she’s earning over $100K and finally doesn’t have to work a summer job

The rise of microschools is enabling educators to reinvent their careers on their own terms, with higher salaries, smaller classes, and creative freedom changing what it means to teach.

Fortune

Accenture's $865 million reinvention includes saying goodbye to people without the right AI skills

“This change is so big,” Accenture CEO Julie Sweet told Fortune, ”this is reversing five decades of how we’re working.” Higher headcount is still expected.

Fortune

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This Ivy League reject taught himself to code at 7, built a $30m app by 18 and is treating college like a $100k vacation: ‘not gaining much from the classes’

Zach Yadegari drives a Lamborghini, lives in a house with fellow Gen Z millionaires and is having fun at the University of Miami even though he “never wanted to go to college.”

Fortune

Nexstar and Sinclair are bringing back Kimmel, but many viewers may have found alternatives while he was blacked out

Experts say blackouts can push viewers to streaming services, potentially undermining a boycott altogether.

Fortune

His Peers Have Debt and Job Anxiety. He Has a Nearly Six-Figure Business And Zero Loans.

While many of his peers juggle student loan debt and uncertain job prospects, 23-year-old Jacob Palmer of Concord, North Carolina, is debt-free and running a nearly six-figure electrical business.

Benzinga

This millennial nurse commutes 5,000 miles from Sweden to work at a California hospital. She works eight days in a row and rakes in over $100 an hour

Supercommuting isn’t just for ambitious interns or Fortune 500 CEOs, one millennial nurse flies across the world—and she says it actually boosts her work-life balance.

Fortune

Gen Z expect to inherit money and assets—but their boomer parents aren’t planning on leaving anything behind

Over half of Gen Zers and nearly 60% of millennials are depending on their inheritance to achieve financial security. Just 22% of baby boomers expect to leave them anything.

Fortune

Meta’s Facebook introduced a dating AI bot to alleviate ‘swipe fatigue.’ But experts say it’s ‘too little, too late’

Experts say more personalized AI features can help zero in on someone’s preferences more than traditional filters—but may also intensify dating app burnout.

Fortune

Costco executive promises the hot dog and drink combo will never cost more than $1.50—and here's why

The mythically low price of a hot-dog-and-soda combo hasn’t changed since 1985—and one former CEO says he received a death threat after wanting to hike it.

Fortune

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Fortune

Starbucks continues to cut corporate jobs in turnaround bid: ‘Many are cost centers, not revenue producers,’ says expert

The company will eliminate about 900 more non-retail partner roles and many open positions.

Fortune

Under the radar, CEOs have growing concerns about U.S. commitment to free speech, science, and rule of law

Also: All the news and watercooler chat from Fortune.

Fortune

MasterClass CEO shares the secret to how jobless Gen Zers can get hiring managers to respond to their cold emails

AI may be gutting entry-level opportunities, but MasterClass CEO David Rogier argues it’s also Gen Z’s biggest shot to stand out—if they know how to use it.

Fortune

MrBeast’s $5 billion empire runs on generosity—but at a cost

The YouTube star has built much of his popularity on philanthropy-inspired content. But red ink and controversy are testing his model.

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The Independent UK

Gen Z is reviving jobs millennials think are ‘boring’ and they’re earning a fortune in the process

Gen Z is turning to accounting as millions of baby boomers are set to retire from the profession

Fortune

Why Amazon’s $2.5 billion Prime settlement with the FTC is actually a giant win for the company

The surprise settlement between the online retail giant and the Trump administration happened just a few days into the trial over one of Amazon’s most important businesses. Amazon is paying a steep price—and taking a big win.

Fortune

With rural America starting to see huge financial losses from tariff policies, Trump offers vague aid package to farmers in the heartland

“The farm economy is suffering while our competitors supplant the United States in the biggest soybean import market in the world,” one agricultural trade group said.

Fortune

Behind the fall and resurrection of Jimmy Kimmel is a $6.2 billion merger and the companies that serve rural, conservative audiences

FCC pressure and multibillion-dollar mergers aren’t even the full story. The future of linear TV is up for grabs.

Fortune

The August home sales mystery: Top analyst says 'implausible' housing market data 'defies credulity'

Pantheon Macroeconomics' Oliver Allen says it's "inexplicable" that new home sales would jump to their highest level in more than three years all of a sudden.

Fortune

‘The frustration is overwhelming’: Soybean farmers feel betrayed as Argentina blows a hole in rural America’s $47 billion soybean bonanza

China will reportedly buy at least 10 cargoes of Argentine soybeans, further jeopardizing the U.S. export market, even as Argentina gobbles up Trump support.

Fortune

Kraken quietly closes $500M round as its unusual CEO pushes toward the IPO finish line

Arjun Sethi shared his thoughts on Kraken’s unorthodox management structure, and how the company is ready for the fusing of crypto and traditional finance.

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