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The Latest Breaking News from Fortune

Less than 10 out of 256 billionaires have kept their promise to give away their fortune—and a philanthropy CEO says Elon Musk is right about why

Exclusive: The CEO who gives away billions for a living says Elon Musk is right: philanthropy is very hard—but stop waiting on billionaires to do it.

Fortune

McDonald's newest $3 value menu is sounding an alarm about America's K-shaped economy

The fast food giant's affordability push comes as lower-income consumers pull back on spending.

Fortune

Mark Zuckerberg is poised to finish what Jack Dorsey started: a 'cascade' of AI-related layoffs across the tech sector, top tech analyst says

Meta's CEO might emerge as the unlikely architect of a new era of AI-driven workforce cuts — one that analysts warn could ripple far beyond Silicon Valley

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Your Instagram DMs are no longer encrypted: Meta is reversing course on privacy and removing end-to-end encryption from Instagram

Two of the world's most powerful platforms are making a deliberate bet that safety beats privacy—and experts say they're right.

Fortune

Lululemon's Chip Wilson is giving the company a severe case of 'post-founder syndrome'

Also: All the news and watercooler chat from Fortune.

Fortune

‘No, we didn’t’: DOGE staffers admit Elon Musk’s cost-cutting agency failed to reduce the federal deficit

At DOGE’s inception, Musk claimed the advisory could slash $2 trillion from the U.S. federal budget.

Fortune

Ray Dalio sees a pattern that shows China killing America's economy. This 2,000-year chart explains why

A Bank of America Institute analysis of 2,000 years of GDP data reframes American exceptionalism — and points toward what comes next.

Fortune

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Ray Dalio thinks the world looks like 'pre-1945 times' as we near the end of his 'Big Cycle'

Also: All the news and watercooler chat from Fortune.

Fortune

This 18-year-old college student accidentally emailed thousands of classmates—it turned his pet-sitting business into a valuable side hustle

University of Alabama student Hector Gutierrez joins a growing number of Gen Zers building their own businesses before even finishing college.

Fortune

After 93 years and a 25-hour filibuster, Washington finally has an income tax, and billionaires are already packing their bags

Howard Schultz is heading to Miami. Jeff Bezos left in 2023. Now Washington's new 9.9% millionaires tax is testing whether the state's wealthiest residents see their home as more than a line on a tax return.

Fortune

Banning institutional investors from buying homes will backfire for many Americans, experts say

“Banning a small piece of the market does nothing to solve for the actual affordability challenges facing people who want to buy a house,” rental economist Jay Parsons said.

Fortune

The outdoor recreation economy is worth $1.3 trillion. Trump's cuts to National Parks could change that

It could be an ‘existential’ threat to the small businesses that rely on them.

Fortune

The war with Iran has defense experts wondering if Khamenei will activate sleeper cells on U.S. soil

"It's one thing to want to do something and then it's another to be able to do something."

Fortune

Mary Barra still responds to 'every single letter' she gets by hand despite running $65 billion automaker General Motors

Want to catch the attention of a CEO like General Motors boss Mary Barra? Write her a letter. Chances are she’ll read it and even respond.

Fortune

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Ray Dalio: I've studied 500 years of history and fear we're entering the most dangerous phase of the 'Big Cycle'

I believe the times ahead will be radically different from what most people have gotten used to—more like the era before 1945 than since.

Fortune

The ultrawealthy don't house hunt anymore. They subscribe

The most coveted luxury homes never reach the market—they're claimed by private waitlists months before construction begins. Welcome to the subscription economy for billionaires.

Fortune

‘Playing with fire’: Epstein bankrolled a woman tied to Bill Gates—then asked to be repaid

Epstein arranged for a visa; wired cash; paid for coding classes; and even housed a woman tied to Gates in a New York apartment, DOJ documents show.

Fortune

CEO coach to the Fortune 500: How leaders can use a simple strategy called 'beat the plan' to speed decision-making and build trust

Executive coach Bill Hoogterp explains how leader can save time and get better engagement from their reports when setting a strategy.

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news in one place.

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Fortune

Skyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in

Energy prices may jump to all-time highs soon as the Iran war escalates without a ceasefire or a clear victory.

Fortune

Palantir CEO Alex Karp says there was ‘never a sense’ AI products would be used for domestic surveillance in Anthropic-DoD feud

In an exclusive interview with Fortune, the CEO of the software platform used by the Defense Department weighs in on which U.S. agencies should have restrictions around how they use AI.

Fortune

Ex-presidential candidate Andrew Yang says it's time to 'stop taxing labor' and make AI foot the bill instead

Andrew Yang said on CNBC the U.S. shouldn’t tax something like labor in the age of AI.

Fortune

Americans are demanding refunds from the $180 billion in tariffs they paid for, and they’re suing companies like Costco to make it happen

A Costco shopper sued the big-box retailer, saying a proposed class of plaintiffs could top 100, and they’re demanding $5 million in tariff refunds.

Fortune

BlackRock’s Larry Fink predicts AI bankruptcies: ‘That’s capitalism’

Competition among AI's biggest spenders will produce winners and losers—and that's a good thing, he said.

Fortune

Meet Chresten Wilson, the airline captain set to become United’s most senior female pilot ever—the job pays $400K and doesn’t require a college degree

United Airlines has over 18,000 pilots—and after 42 years in the cockpit, Chresten Wilson is poised to become the most senior one at United.

Fortune

More people will own a humanoid robot than a car by 2060, BofA predicts

An aging workforce, a labor shortage, and a capital surge are quietly building the foundation for the biggest consumer technology wave since the smartphone.

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