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The Latest Breaking News from Fortune

Exclusive: Stablecoin startup Agora raises $50 million Series A led by crypto VC giant Paradigm

Agora is run by Nick van Eck, son of asset management veteran Jan van Eck.

Fortune

The SEC opened the ‘floodgates’ for crypto ETFs, experts say, marking a new era for the industry

Experts tell Fortune they expect more ETFs tied crypto products like Solana, Ripple’s XRP, and potentially even Trump’s memecoin, to launch

Fortune

What it takes to be wealthy in America: $2.3 million, Charles Schwab says

Survey respondents said it feels like it takes more money to feel wealthy today compared to last year.

Fortune

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Inside Home Depot’s $4.3 billion pivot toward the professional trade

Also: All the news and watercooler chat from Fortune.

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Apple’s AI efforts ‘have struck midnight,’ and the only way it can stop getting further behind is acquiring Perplexity, analyst Dan Ives says

Ives said, gone are the days when Apple could build a superior product in-house.

Fortune

Linda Yaccarino is just the latest of at least 15 senior leaders who have departed Elon Musk’s business empire in the past year

Omead Afshar, Milan Kovac, and Dave Heinzinger have all recently stepped away from Musk-owned companies.

Fortune

Business titans are plowing millions into Mayor Eric Adams’s reelection campaign efforts

The surprise success of Zohran Mamdani’s campaign has some business leaders backing his opponent—and directing their millions to his campaign.

Fortune

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Linda Yaccarino becomes ex-X CEO one day after Grok spouts antisemitic rant

In 2023, just months after Yaccarino first joined X, she was facing an advertiser exodus over the platform's lax standards toward anti-Semitism.

Fortune

CoreWeave’s $9 billion acquisition of Core Scientific provides an AI road map for struggling Bitcoin miners

CoreWeave was once all in on crypto. Now the AI company has helped another crypto miner pivot.

Fortune

Who is the mystery woman raking in the White House’s highest salary?

“She is a dedicated public servant and plays a critical role in the Trump Administration’s success” on immigration issues, the White House said.

Fortune

Gen Alpha may never have to write a résumé: Over 75% of employers are now using personality and skills tests in hiring

About 80% of the Fortune 500 use personality tests, with more than 80 million Americans completing an employment-related quiz every year—companies like Olive Garden and FedEx are already on the bandwagon.

Fortune

People have a clever way of making money off airlines to essentially travel for free—and it’s all about looking for an overbooked flight

Some travelers have made $10,000 just by giving up their airplane seat and agreeing to take another flight just a couple hours later.

Fortune

Why two-time founder and MacArthur Genius Daphne Koller sees a future where humans 'create together with the machines'

"The future has to be getting people to partner well and create together with the machines," Koller told Fortune.

Fortune

Gen Z's 'overemployed' solution for a broken economy: 5 jobs and $3K per day. It's totally legal

Even if being "overemployed" is technically legal, that doesn’t mean there won’t be consequences. Experts say your LinkedIn activity, Zoom invites, and taxes can give you away.

Fortune

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Hershey CEO exit means Fortune 500 loses a female CEO

Michele Buck will retire from the chocolate-maker—and her successor is the CEO of Wendy's.

Fortune

The CEO of David’s Bridal buys clothes from Goodwill and eBay—but swears by private chefs on vacation

Kelly Cook, the CEO turning around business at David’s Bridal, says her job is “like being a wedding therapist, crisis negotiator and fairy godmother all rolled into one.”

Fortune

Sam Altman saw Musk's fallout with Trump coming: 'Elon busts up with everybody'

The falling-out between Elon Musk and Donald Trump came as no surprise to those who have worked closely with the individuals, such as OpenAI's Sam Altman.

Fortune

Gen Z and millennials can't afford to buy a house, and it shows: The number of first-time homebuyers is half the historical norm

The number of first-time home buyers in 1995 was 3.2 million. Now it’s less than half that.

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Fortune

Coursera founder Daphne Koller on receiving a MacArthur genius grant: ‘It wasn’t me’

Also: All the news and watercooler chat from Fortune.

Fortune

Tesla sold precisely zero cars in Turkey in January—now it’s Musk’s hottest market. Here's why

The Eurasian country came within striking distance of becoming Tesla's third largest global market for the month of June, but analysts question the sudden surge: 'Those numbers are weird.'

Fortune

AI is running rampant on college campuses as professors and students lean on artificial intelligence

AI is continuing to cause trouble on college campuses, but this time it's professors who are in the firing line.

Fortune

Firms from Uber to Amazon are diving into stablecoins. Here’s what they hope to gain

Stablecoin boosters say the crypto assets can lead to big cost savings, but some analysts are skeptical they will catch on.

Fortune

Joe Kiani is back: After being ousted from Masimo the billionaire has returned as CEO of Like Minded Labs

Also: All the news and watercooler chat from Fortune.

Fortune

Melinda French Gates reveals she’s refusing to fund her Gen Z daughter’s new startup—despite being worth nearly $31 billion

Microsoft cofounder Bill Gates has long warned that his kids won’t be coasting off his fortune—and Melinda French Gates is making sure that mindset starts early, by insisting her daughter raises capital on her own.

Fortune

Dating apps are doomed because Gen Z is locked in on meet-cutes, former Hinge content lead says: They want to vibe their way through meeting people

Podcaster Ilana Dunn reflects on how the dating world has changed.

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