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The Latest Breaking News from Fortune

A sports bettor turned $15 into $140K from a 3-leg parlay. It’s the exception to the risky bet making sportsbooks billions

“The notion of a parlay in general is so statistically unlikely to happen that it is one of the surest fire ways for the sportsbooks to just make the money off that,” one expert said.

Fortune

Billionaire MacKenzie Scott doubles down on DEI with $42 million donation

In a signal to nonprofits and boardrooms, the Yield Giving philanthropist is backing diversity and equity with no‑strings grants—building on more than $19 billion she’s distributed in five years.

Fortune

Goldman’s chief information officer has 4 tips on how to AI-proof your career, including ‘posing provocative, non-obvious questions’

“While AI excels at refurbishing existing knowledge,” according to Marco Argenti, “its true creative potential is unlocked by human curiosity.”

Fortune

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New 2026 tax brackets are here: What higher thresholds and a bigger standard deduction mean for paychecks and the top 1%

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and easing bracket creep for most filers, while the 37% top rate still applies at higher incomes.

Fortune

'Is AI hurting growth?' Top analysts say their clients are starting to worry as the 3-year bull market shows its age

“It seems you can’t go anywhere without talking about AI,” says Aditya Bhave, senior U.S. economist at Bank of America Research.

Fortune

PepsiCo taps Walmart veteran as CFO, bets big on beverage revamp

The CFO change comes amid mounting activist pressure.

Fortune

How REI’s store closings in New York and Boston could derail the CEO’s efforts to win over employees

The CEO told staff that the co-op had to make some “tough choices” to fix the business.

Fortune

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OpenAI study suggests AI may be about to eclipse human expertise in real-world tasks

Also: All the news and watercooler chat from Fortune.

Fortune

Exclusive: Coinbase and Mastercard have both held advanced talks to buy stablecoin startup BVNK for around $2 billion

Stablecoins have become a buzzy sector over the past year amid a red-hot IPO from the stablecoin giant Circle and recently passed legislation in Congress.

Fortune

Google is tightening its ‘Work from Anywhere’ policy: Now a single day will count as a full week

The policy may lead to high-performer flight and unhappy workers, experts say.

Fortune

Billion-dollar tech company Starkey unveils a hearing aid with AI accessible enough for all generations to use: 'The ear is the new wrist'

The Omega AI model builds on Starkey’s mission to make their hearing aids more of a lifestyle device.

Fortune

As AI bubble warnings mount, a 23-year-old’s $1.5 billion hedge fund shows how prophecy turns into profits

As central bankers warn of an AI bubble, Silicon Valley’s true believers are doubling down—turning AGI prophecy into cash, clout, and billion-dollar bets.

Fortune

Roughly half of U.S. states are effectively in a recession and ‘hanging on by their fingertips,’ Moody’s chief economist says

Moody’s chief economist, Mark Zandi, tells Fortune parts of America are already in recession, with 22 states contracting despite strong national GDP growth.

Fortune

CFOs are central to AI mindset shift, says Google veteran

AI will impact every job, industry, and country, expert Ted Souder told an audience of finance chiefs.

Fortune

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Fortune

Exclusive: Coinbase and Cruise alums raise $15 million for crypto compliance startup CipherOwl

General Catalyst and Flourish Ventures led the round, with participation from Coinbase Ventures, Enlight Capital, and others.

Fortune

Battle over Elon Musk’s trillionaire pay package builds as pension funds face off against Tesla

Next month, investors will vote on setting Tesla CEO Elon Musk on a path to becoming the world’s first trillionaire.

Fortune

Patagonia CEO says climate denialists are delusional: ‘If you step out of a window from the third floor talking about how gravity doesn’t exist, you’re still going to hit the ground’

Also: All the news and watercooler chat from Fortune.

Fortune

Bank of England on AI mania: ‘Stretched’ stock valuations ‘comparable to the peak of the dotcom bubble’

The top five members of the S&P 500 command nearly 30% of market share, a record high for any point over the past 50 years.

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Fortune

Inside PepsiCo’s beverage overhaul: A Gatorade reboot, the $2 billion Poppi buy, and a gut-health play, all under activist scrutiny

Activist investor Elliott Management took a $4 billion stake in PepsiCo, and recently called the company a “dramatic underperformer” in a scathing letter.

Fortune

How former OpenAI researcher Leopold Aschenbrenner turned a viral AI prophecy into profit, with a $1.5 billion hedge fund and outsize influence from Silicon Valley to D.C.

Leopold Aschenbrenner is a Wall Street novice. So why have some Silicon Valley bigwigs trusted him with billions?

Fortune

Patagonia CEO Ryan Gellert says he believes the world needs responsible business more than ever

"Solving real problems on behalf of your employees, your customers, and the communities that you exist within, to me that's a pretty good definition of leadership," Gellert told Fortune.

Fortune

Trump’s former USDA chief economist warns the shutdown makes the president’s $15 billion farmer bailout a fantasy: 'You can’t just flip a switch'

“How to fund this bailout is very complicated, and different than it was in 2018,” said Joe Glauber, former chief economist at the U.S. Department of Agriculture during Trump’s first term.

Fortune

Deutsche Bank and Jeffrey Epstein’s ghost

Given its long history of servicing high-risk clients, it is perhaps unsurprising that Deutsche Bank stepped in when Epstein was ditched by JPMorgan.

Fortune

Gen Z can’t afford to date—but Grindr CEO says the real problem is how apps have monetized romance

From ‘throning’ and ‘sprinkle sprinkle’ to no money for dates: Grindr CEO debunks dating trends, exclusively in Fortune

Fortune

More CEOs demand 'moonshot' pay—billions in compensation for aggressive, seemingly impossible targets

Also: All the news and watercooler chat from Fortune.

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