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The Latest Breaking News from Fortune

Jerome Powell just rattled markets by calling stocks ‘highly valued.’ BofA finds 19 of 20 key metrics in the S&P 500 are ‘statistically expensive’

And four of these key metrics hit record highs. “Buying stocks at these multiples feels bad,” Savita Subramanian says.

Fortune

The shadow AI economy isn't rebellion, it's an $8.1 billion signal that Fortune 500 CEOs are measuring the wrong things

Here's why 95% of corporate AI initiatives are failing while employees are using it—successfully—in secret.

Fortune

Exclusive: Touring Capital, founded by ex-M12 and SoftBank investors, closes $330 million first fund

Founded in 2023, Touring Capital has now closed its first fund at $330 million, Fortune has exclusively learned.

Fortune

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Change the World: How CEOs use 'business for good' to attract talent and build customer loyalty

Also: All the news and watercooler chat from Fortune.

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‘Tyler Perry said something to me I’ll never forget’: Big Dave’s Cheesesteaks CEO learned a big lesson on when ‘to leave them in the sand’

Millennial entrepreneur Derrick Hayes told Fortune that he sticks to his business ambitions, echoing the likes of the CEOs at Perplexity, Target, and Workday.

Fortune

Housing costs are so high some Americans are delaying milestones like getting married, having kids and even adopting a pet

More than 44% of homeowners and renters report struggling to afford rent or mortgage payments.

Fortune

Sam Altman’s AI empire will devour as much power as New York City and San Diego combined. Experts say it’s ‘scary’

Andrew Chien told Fortune he’s been a computer scientist for 40 years but we’re close to “some seminal moments for how we think about AI and its impact on society.”

Fortune

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How Taylor Morrison CEO Sheryl Palmer leads differently after almost 20 years—and who she's met along the way

"The honest-to-God truth, Diane, is I didn't know anything more the day I took the job than the day before," Palmer told Fortune.

Fortune

'Black Swan' author Nassim Taleb says your city's new bike lane is the reason the economy sucks

"Many are discovering that lifestyle improvements, such as bicycling paths and pedestrian- and cyclist-friendly cities, may not produce economic growth."

Fortune

Joe Rogan comes to Jimmy Kimmel’s defense, calling for America to be a ‘community’ with a ‘strong social safety net’—and free speech

“I definitely don’t think that the government should be involved ever in dictating what a comedian can or cannot say in a monologue,” the top podcaster said.

Fortune

CFO of $320 billion software firm: AI will help us ‘afford to have less people’ but if we do it wrong, it will be a ‘catastrophe’

SAP’s C-suite admits that AI could significantly slash its 110,000-strong workforce—and its CFO says he 'will be brutal' in the process.

Fortune

Trump is rewriting the rules of who can afford college as Parent PLUS loans are capped or phased out

Parent PLUS caps are coming: President Trump’s plan to end unlimited federal parent borrowing—limiting loans to $20,000 a year and $65,000 total starting in 2026—could push families to pricier private loans.

Fortune

Millions of Americans brace for shock as Obamacare bills could soar by 75% in 2026

Obamacare premiums are set to spike in 2026 as enhanced ACA subsidies expire and insurers file the largest rate hikes since 2018, potentially lifting out-of-pocket costs by 75% or more for millions.

Fortune

LexisNexis exec says it’s ‘a matter of time’ before attorneys lose their licenses over using open-source AI pilots in court

AI is rapidly being adopted into law firms across the country, and it’s raising stakes for attorneys and their clients alike.

Fortune

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Fortune

Trump says climate change is ‘the greatest con job ever’ but many CEOs know the science remains the same

Also: All the news and watercooler chat from Fortune.

Fortune

Oracle founder Larry Ellison has pledged to give away 95% of his $393B fortune—but sudden leadership changes fuel a mystery

Ellison has a history of changing his plans for distributing wealth.

Fortune

Alabama builders rethink deportations as raids disappear hundreds of their ‘God-fearing, family-oriented’ immigrant workers

Builders are now calling for a work visa for law-abiding undocumented immigrants.

Fortune

Trump goes off script in UN address, praising Germany for returning to nuclear energy and fossil fuels: 'All green is all bankrupt'

In remarks tied to the UN week, Trump repeated the argument that Europe—and specifically Germany—turned back to traditional fuels after pursuing renewables, casting it as proof that rapid green transitions don’t work.

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Fortune

Warren Buffett retires from Berkshire Hathaway in 100 days—and Apple could be on the chopping block

Berkshire’s accelerated Apple selling is predicted to pick up upon Buffett's retirement.

Fortune

Matthew McConaughey reveals why he turned down $14.5 million role and calls out the 'comfort crisis' plaguing Gen Z men

"You got to push off of something to go somewhere," the Oscar-winning actor said on the Diary of a CEO podcast.

Fortune

'Shark Tank' star Lori Greiner doesn’t believe in a 5 a.m. wake-up call: 'Waking up early doesn’t give you more time. It simply shifts your schedule'

The “Queen of QVC” wakes up at 8 a.m. to match her body’s natural energy. "Success is about maximizing your energy," she says.

Fortune

Social Security chief says he won't hike the retirement age amid the strain of America's aging population and fears of benefit cuts

The administration continues to frame its approach around protecting benefits while exploring other avenues to bolster solvency.

Fortune

This Gen Xer sold his tech company for billions—he warns if you're still pushing RTO, you're not serious about AI

‘The best companies are going to dump their offices to learn to work with non-bodied employees,” serial tech founder, Brian O’Kelley, exclusively tells Fortune.

Fortune

Palantir CEO says Gen Z can either have a social life at age 20 or be successful—they can’t do both

Gen Z may crave work-life balance, but Palantir boss Alex Karp says the only way to win big is to give up their social life.

Fortune

You need at least $5 million—and a college degree—to reach the American Dream, new report says

In the age of the everyday millionaire and the weird economy where everybody's wealthy, the American Dream has been dealing a bad case of some inflation.

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