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The Latest Breaking News from Fortune

His Peers Have Debt and Job Anxiety. He Has a Nearly Six-Figure Business And Zero Loans.

While many of his peers juggle student loan debt and uncertain job prospects, 23-year-old Jacob Palmer of Concord, North Carolina, is debt-free and running a nearly six-figure electrical business.

Benzinga

This millennial nurse commutes 5,000 miles from Sweden to work at a California hospital. She works eight days in a row and rakes in over $100 an hour

Supercommuting isn’t just for ambitious interns or Fortune 500 CEOs, one millennial nurse flies across the world—and she says it actually boosts her work-life balance.

Fortune

Gen Z expect to inherit money and assets—but their boomer parents aren’t planning on leaving anything behind

Over half of Gen Zers and nearly 60% of millennials are depending on their inheritance to achieve financial security. Just 22% of baby boomers expect to leave them anything.

Fortune

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Meta’s Facebook introduced a dating AI bot to alleviate ‘swipe fatigue.’ But experts say it’s ‘too little, too late’

Experts say more personalized AI features can help zero in on someone’s preferences more than traditional filters—but may also intensify dating app burnout.

Fortune

Costco executive promises the hot dog and drink combo will never cost more than $1.50—and here's why

The mythically low price of a hot-dog-and-soda combo hasn’t changed since 1985—and one former CEO says he received a death threat after wanting to hike it.

Fortune

Starbucks continues to cut corporate jobs in turnaround bid: ‘Many are cost centers, not revenue producers,’ says expert

The company will eliminate about 900 more non-retail partner roles and many open positions.

Fortune

Under the radar, CEOs have growing concerns about U.S. commitment to free speech, science, and rule of law

Also: All the news and watercooler chat from Fortune.

Fortune

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MasterClass CEO shares the secret to how jobless Gen Zers can get hiring managers to respond to their cold emails

AI may be gutting entry-level opportunities, but MasterClass CEO David Rogier argues it’s also Gen Z’s biggest shot to stand out—if they know how to use it.

Fortune

MrBeast’s $5 billion empire runs on generosity—but at a cost

The YouTube star has built much of his popularity on philanthropy-inspired content. But red ink and controversy are testing his model.

Fortune

Gen Z is reviving jobs millennials think are ‘boring’ and they’re earning a fortune in the process

Gen Z is turning to accounting as millions of baby boomers are set to retire from the profession

The Independent UK

Why Amazon’s $2.5 billion Prime settlement with the FTC is actually a giant win for the company

The surprise settlement between the online retail giant and the Trump administration happened just a few days into the trial over one of Amazon’s most important businesses. Amazon is paying a steep price—and taking a big win.

Fortune

With rural America starting to see huge financial losses from tariff policies, Trump offers vague aid package to farmers in the heartland

“The farm economy is suffering while our competitors supplant the United States in the biggest soybean import market in the world,” one agricultural trade group said.

Fortune

Behind the fall and resurrection of Jimmy Kimmel is a $6.2 billion merger and the companies that serve rural, conservative audiences

FCC pressure and multibillion-dollar mergers aren’t even the full story. The future of linear TV is up for grabs.

Fortune

The August home sales mystery: Top analyst says 'implausible' housing market data 'defies credulity'

Pantheon Macroeconomics' Oliver Allen says it's "inexplicable" that new home sales would jump to their highest level in more than three years all of a sudden.

Fortune

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Fortune

‘The frustration is overwhelming’: Soybean farmers feel betrayed as Argentina blows a hole in rural America’s $47 billion soybean bonanza

China will reportedly buy at least 10 cargoes of Argentine soybeans, further jeopardizing the U.S. export market, even as Argentina gobbles up Trump support.

Fortune

Kraken quietly closes $500M round as its unusual CEO pushes toward the IPO finish line

Arjun Sethi shared his thoughts on Kraken’s unorthodox management structure, and how the company is ready for the fusing of crypto and traditional finance.

Fortune

'The most distrusted' bull market and economy of our lifetime: Another head-spinning revision rocks Wall Street

“We agree that the economy is strong and growing," says Northlight's Chris Zaccarelli, "but a lot of that good news is already priced in — and then some."

Fortune

Suzy Welch uncovered the reason Gen Z seems unhireable: Their workplace values don't match their Gen X and millennial bosses

Gen Z prioritizes values like self-care, helping others, and authenticity.

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news in one place.

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Fortune

Peter Thiel's $5 billon tax-free account spurred a new 401(k) rule that now impacts high-earning Americans over 50

High earners 50 and older will soon have to make 401(k) catch-up contributions as Roth. It all started with a ProPublica article about Peter Thiel in 2021.

Fortune

Figma’s 33-year-old billionaire CEO says he tells his team to ignore stock price volatility: ‘We don‘t control that number, we control the inputs’

Figma’s explosive IPO saw shares soar 250%, valuing the company at $68 billion. The stock has since fallen more than 50% from that peak.

Fortune

Millennials are defying warnings about the housing market with a 'buy now, pray later' attitude, but boomers could block them

New data shows millennials leading loan applications where paychecks are biggest, while experts warn many are relying on ARMs and refis amid a boomer-driven supply squeeze.

Fortune

Shark Tank’s Barbara Corcoran says one trait tells her instantly whether an entrepreneur will flop or succeed—if you do this, you’ll 'lose my money'

Self-made millionaire Barbara Corcoran warns entrepreneurs that mistakes are inevitable, but dodging responsibility will sink your business—no matter how good the idea.

Fortune

Gen Z are dating people 25% better than them. They’re calling it ‘throning’—and experts say it’s a quick-ticket to long-term success

Dating experts say “throning” works—it just depends on how your treat your ex and your newfound network.

Fortune

If you can't work out why you're struggling when the economy is doing OK, it's because you're on the losing side

Oxford Economics finds that tariffs, labor dynamics, and policy shifts have hit younger and lower-income households hardest.

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.

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