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The Latest Breaking News from Fortune

These six-figure earners got trapped in jobs because of luxury 'lifestyle creep'—they sacrificed it all to start over

In an inflationary environment it's only going to get easier to fall foul of lifestyle creep. These six-figure earners share what it was like to give it all up in search of greater financial freedom.

Fortune

Growing number of stressed out Gen Z students are failing school, and forcing universities to act

Nearly 8 in 10 students say financial stress harms their mental health. Now, colleges are treating money literacy like a campus health crisis.

Fortune

Investment bankers forced off beach as Citi shuts Málaga office

Economic headwinds may force junior employees to prioritize job security over work-life balance.

Fortune

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Inside the Target CEO meeting with Black leaders amid the company’s DEI rollback and the boycott that followed

“It did not come up to all that we're expecting or needing.”

Fortune

Exclusive: Reducto, AI document parsing startup, raises $24.5 million Series A led by Benchmark

Reducto has raised a $24.5 million Series A, led by Benchmark, Fortune can exclusively report.

Fortune

Exclusive: Crypto VC giant Paradigm makes $50 million bet on decentralized AI startup Nous Research

Nous aims to compete with OpenAI and DeepSeek by training open-source through crypto incentives.

Fortune

Finance execs are the new targets of deepfake videos

Fraudsters are increasingly using deepfakes on social media, a Fortune report finds.

Fortune

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Trump’s trade war has already sparked a massive cancellation of shipments from China to the U.S.

The Port of Los Angeles, the largest port in the U.S., predicts a 35% drop in shipments, nearly all from China, in a matter of weeks.

Fortune

Netflix’s finance guru Ramit Sethi made millions in his 20s—years before Warren Buffett. He says Gen Z says can ‘get better results than fancy New York City money managers’ if they have confidence

Want to be a self-made millionaire in your twenties like Ramit Sethi? “It’s not that complicated,” the Netflix star and best-selling author tells Fortune.

Fortune

Hasbro has a winning hand with Wizards, bucking the trend in retail

The toymaker had great success with its Wizards of the Coast segment last quarter.

Fortune

Bitcoin hovers above $90,000 as Trump backs off Powell and trade talks advance

The crypto market has made gains this week with Solana adding 14% and XRP adding 5%.

Fortune

Nearly half of Gen Z and millennials say college was a waste of money—AI has already made degrees obsolete

College graduates are calling their degrees worthless, thanks to student loans, a fuzzy job market, and AI.

Fortune

OpenAI says it would be happy to scoop up Google’s Chrome if Alphabet is forced to sell the world’s most popular web browser

OpenAI’s ChatGPT boss said Google would not share its search index information with the company.

Fortune

Travel platform Fora closes $40 million Series C funding round

Fora closed a $40 million Series C round this year.

Fortune

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Many CEOs used their quarterly earnings to warn that Trump's tariffs are bad for business. But not ServiceNow CEO Bill McDermott

The company's first quarter earnings beat market expectations and CEO Bill McDermott sees strong growth ahead

Fortune

Struggling commercial airline Avelo has turned to deportation flights. Even though the CEO admitted it’s a controversial choice, it’s 'too valuable not to pursue'

The budget airline will start deportation flights on May 12.

Fortune

Goldman Sachs execs’ images used in deepfake video campaign targeting amateur investors on Instagram

It may come as a surprise to many to see Abby Joseph Cohen pop up in their Instagram feed with an offer that’s hard to refuse.

Fortune

Trump’s ‘art of the retreat’ may signal he’s setting Powell up to take the fall for economic turmoil

Trump’s tactical retreat on key points like Fed Chair Powell and trade negotiations with China signals a change within the White House—potentially lining up a scapegoat if its policies fall flat.

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Fortune

American consumers are still buying like crazy, but the largest credit card companies are stashing funds away for a rainy day

Consumers continued to increase spending, according to quarterly earning reports.

Fortune

Trump memecoin spikes 58% in value after top holders are promised a private dinner with the president

The announcement comes as 40 million additional $Trump tokens were set to be released.

Fortune

Exclusive: Amazon is no longer penalizing some top sellers for raising prices aggressively amid U.S.-China tariff war

Amazon recently penalized some top sellers who increased prices amid Trump's tariff war. But those penalties have now been reversed.

Fortune

‘The Sell America Trade’: Who's behind the sinking of the U.S. dollar

It's not China or Japan. It's everyone.

Fortune

Exclusive: Chainguard secures $356 million Series D as valuation soars to $3.5 billion

Chainguard raises a $356 million Series D about nine months after announcing its Series C, Fortune can exclusively report.

Fortune

Trump wants daylight saving time all year. Will ‘MAHA’ push back?

Advocates of standard time say it’s better for peoples’ circadian rhythms, or “biological clocks.”

Fortune

Ben and Jerry sold out to Unilever 25 years ago—now they’re going to war

In a lawsuit, the ice cream company accuses parent company of interfering with its social activism.  The consumer giant calls the accusations “meritless.”

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