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The Latest Breaking News from Fortune

Dave Portnoy Net Worth Exposed: How He Made (And Lost) A Fortune

Dave Portnoy Net Worth Exposed: Explore how the sports media founder made millions with Barstool Sports, plus details on stock losses. Is his net worth near 150 million?

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What Greg Abel will do now he has officially taken over from Warren Buffett at Berkshire Hathaway.

Also: Stocks rallied instantly on the China news, Trump promises drug price cuts.

Fortune

Trump’s tax hike on millionaires is back on the table—but experts say it won't make a dent in the ultra-rich

The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.

Fortune

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China's unemployed Gen Z are proudly calling themselves 'rat people' and spending entire days in bed

Instead of even trying to chase jobs that seem out of reach, many Gen Zers are embracing living like a rat—not showering or leaving their dwelling for days at a time. Experts say the movement is a global 'quiet protest' against current job market and burnout.

Fortune

No, Gen Z's not drowning in buy-now-pay-later debt—yet. But experts warn it could trap them in a vicious cycle of overspending and impulse splurging

Gen Z is using payment plans to flexibly finance their lavish spending habits, but experts warn it could “trap” some shoppers in a vicious cycle of overspending and impulse splurging.

Fortune

Digital marketing used to be about clicks, but the rise of ChatGPT means it’s ‘now all about winning the mentions’

Brand credibility is now a crucial aspect of marketing campaigns, and companies must couple that with storytelling, experts say.

Fortune

Ultra wealthy Gen Zers are giving away the millions of dollars they’ve inherited—Meet the money coaches helping them

Guilt-wracked Gen Z and millennial millionaires are giving their money to charitable causes: “A lot of them are just like, ‘Get it off, get it away.’”

Fortune

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Clues into Gen Z parenting styles can be found in their approach to these two powerful elements

Here's what we can gather from how the newest generation of parents are raising their kids.

Fortune

A medical test that saves thousands of lives is universally hated. This startup raised $23 million to find the solution

How one startup is trying to fix the pap smear problem.

Fortune

Trump calls emptying U.S. ports a 'good thing' despite supply-chain panic because 'that means we lose less money'

The president has repeatedly claimed the U.S. has a $1 trillion trade deficit with China, though economists argue a trade deficit isn’t inherently negative.

Fortune

Almost 40% of Gen Z and millennial workers will take a pay cut for remote or hybrid work, LinkedIn survey shows

Younger generation employees still like to go to the office sometimes.

Fortune

With great responsibility comes a sizable paycheck—Pope Leo XIV can earn $33,000 a month

The first American pope could earn just as much as a U.S. president, but he’ll also enjoy a gilded palace complete with free food—and eventually a $3,300 a month retirement.

Fortune

The world's highest-paid comedian says you must embrace rejection if you want to be successful: 'It's supposed to be hard'

"If things were easy, it would be stupid. It's supposed to be hard," Kevin Hart told Fortune.

Fortune

Here's how much it costs to struggle with health anxiety

Health anxiety can be a "financial nightmare" for some.

Fortune

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Fortune

At Brainstorm AI London, AI’s use cases are increasingly practical while the future remains cloudy

At Fortune Brainstorm AI London, use cases for AI have taken shape as questions about the future abound.

Fortune

Trump says China tariffs will be reduced as trade delegates head into negotiations this weekend

Also: What we learned from the U.S.-U.K. trade deal.

Fortune

Currency hedging and new U.S. factories: Novo Nordisk CFO thinks Wegovy maker can outmaneuver global trade wars

Novo Nordisk's CFO says the company is well-placed to respond to an escalation of the global trade war.

Fortune

Can sunscreen give you cancer?

Experts address concerns about sunblock ingredients.

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Fortune

Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project

The social media giant is exploring how to use stablecoins to pay content creators, among other uses, according to sources familiar with the matter.

Fortune

Bitcoin reclaims $100,000 as Trump announces trade deal with the UK

Bitcoin gained 5% after Trump announced he would roll back some tariffs on the U.K.

Fortune

Searches on Safari dipped for the first time in 22 years, Apple’s Eddy Cue admits, and it’s because more people are using AI instead of Google

The Apple senior VP testified as part of a Justice Department lawsuit against Google that Apple is considering revamping its web browser to integrate AI.

Fortune

Jennifer Lopez and Ben Affleck are poised to lose money on the sale of their $60 million Beverly Hills home thanks to the mansion tax

The divorced celebrity couple is getting a double whammy of a price drop plus the mansion tax.

Fortune

REI's new CEO has a plan to turn around the beloved retailer—by going back to its roots

CEO Mary Beth Laughton has to simultaneously firm up REI's earthy cred and raise its retail game in a competitive landscape.

Fortune

Instacart boss Fidji Simo was the first member of her family to graduate from high school. Sam Altman just carved out a brand-new 'CEO' role for her at OpenAI

The Instacart CEO told Fortune the U.S. healthcare system is not well-suited to treat rare and complex diseases, which is a major opportunity for AI.

Fortune

Melinda French Gates reflects on Gates Foundation legacy

French Gates has played a pivotal role in global health since the turn of the century.

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