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The Latest Breaking News from Fortune

Salesforce CEO Marc Benioff says his company has cut 4,000 customer service jobs as AI steps in: ‘I need less heads’

Billionaire tech boss Marc Benioff isn’t the only one replacing customer service and sales roles with AI—Klarna and Microsoft have also slashed the departments.

Fortune

PayPal and General Catalyst lead $18 million investment in AI blockchain startup Kite

The startup wants to make it easier for users, for example, to buy products straight through ChatGPT or other chatbots.

Fortune

Ray Dalio believes America’s ‘debt-induced heart attack’ will happen under Trump 2.0—and no one’s brave enough to stop it

“I think that what is happening now politically and socially is analogous to what happened around the world in the 1930 to ’40 period,” he said.

Fortune

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What the CEOs of Walmart, Best Buy, Home Depot, and others are saying about the nervous consumer

Also: All the news and watercooler chat from Fortune.

Fortune

Predoc raises $30 million to stop document chasing in healthcare

Predoc—which uses AI to automate medical records management—has raised $30 million in funding, Fortune has exclusively learned.

Fortune

CEOs really are putting a pause on hiring ‘first timers,’ career coach to the Fortune 500 warns—here’s how Gen Z grads can still land work

Million of Gen Zers are currently unemployed. But landing an entry-level job is about the get even harder, with CEOs freezing “first-timer” hires, a career coach to the Fortune 500 warns.

Fortune

This OpenAI engineer left her dream job and San Francisco home to move to Stockholm—all because of Trump 2.0

Ex-OpenAI researcher Miki Habryn left her dream job and U.S. home under Trump, joining a wave of Americans moving abroad amid political fears.

Fortune

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How Accenture CEO Julie Sweet navigated a difficult restructure with her 770,000 employees—all without sending a memo

Sweet's unconventional approach offers a blueprint for leaders steering their companies through AI-driven change.

Fortune

How the midlife crisis was replaced by a decadelong rise in 'young worker despair' in the U.S.—and what it means for Gen Z

The midlife "hump" of despair used to be "one of the most important patterns in the world," says Dartmouth's David Blanchflower. But something else has taken its place.

Fortune

Trump quashes health concerns on Truth Social—‘never felt better in my life’—and tees up next battle with the Fed’s Lisa Cook

Trump pushes Judge Jia Cobb to recuse herself from his battle with Fed governor Lisa Cook, escalating tensions over the central bank’s independence.

Fortune

US Housing Market Hits Rough Patch as Home Prices Struggle To Match Inflation

The US housing market is experiencing a period of stagnation, with home prices failing to keep up with the rate of inflation, making home ownership increasingly unaffordable for many Americans.

Benzinga

Business loses $2 billion a day from office rudeness, study says. Is your workplace ‘civil?’

SHRM's Jim Link told Fortune that companies should beware "Digital bravery," or saying whatever you want "from the safety and security of your screen."

Fortune

Accenture CEO weighs in on why so many AI projects have failed with 3 red flags to watch out for

Julie Sweet says CEOs need to throw out the old playbook to survive.

Fortune

Real estate star Fredrik Eklund says wealthy homebuyers ares splurging on at-home ‘biohacking’: Cold plunges, IV drips, hot tubs, and infrared saunas

‘Million Dollar Listing’ star Fredrik Eklund says his millionaire clientele are spending big bucks to do popular wellness trends at home—the same rituals promoted by CEOs leading Whole Foods, Thrive Market, and Norges Bank.

Fortune

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Fortune

How the AI data center boom is breathing new life into dirty, old coal plants

Retired coal grid connections are a shortcut to place renewable and gas-fired power online more quickly.

Benzinga

Accenture CEO Julie Sweet Says Fortune 500 Survival Hinges On 'Reinvention' As AI Revolution Forces CEOs To Tie Every Investment To The Bottom Line

Accenture Plc (NYSE:ACN) Chief Executive Julie Sweet says companies that fail to reinvent their operations around artificial intelligence risk losing their place at the top of the corporate world.

Fortune

What would the Fed do in a tie vote? It's not clear, and the Bank of England had to break a deadlock this month

There have been three occasions when a vote on the FOMC passed by a one-vote majority, though the last time it occurred was in 1973.

Everybody Loves Your Money

How Celebrity Financial Mistakes Reveal Gaps in Budget Discipline

Glitz, glam, and the occasional Lamborghini purchase gone wrong—celebrity finances often read like cautionary tales wrapped in red-carpet drama. From chart-topping musicians to blockbuster actors, the people earning millions somehow manage to end up in bankruptcy court or scrambling to sell off mansions. The disconnect between fame and fortune exposes…

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news in one place.

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Fortune

'A different shock to the system': De minimis tariff dodge ending means less purchasing power for Americans

Closing the loophole could raise $10 billion a year, but experts say the number is "not all that meaningful" compared to the country’s trade deficit.

Fortune

Accenture CEO Julie Sweet says Fortune 500s can survive AI. They have to be willing to reinvent themselves top to bottom

The Accenture CEO—who oversees 770,000 employees and counsels more Fortune 500 chiefs than almost anyone—shares lessons on AI adoption, career pivots, and resilience from her own battles with cancer.

Fortune

Nvidia CEO Jensen Huang says AI will 'probably' bring 4-day work weeks: 'Every industrial revolution leads to some change in social behavior'

"I have to admit that I'm afraid to say that we are going to be busier in the future than now," Huang said in an interview on Fox Business Network.

Fortune

Two mystery customers alone were responsible for nearly 40% of Nvidia's quarterly revenue

Nvidia saw a 56% jump in year-over-year revenue in the second quarter.

Fortune

Forget the golden age of fraud, the billionaire investor who shorted Enron warns we might be in the ‘diamond or platinum level’ amid the AI boom

“When it comes to financial fraud specifically, there’s no question we’re seeing more of it—especially riding the wave of the current AI-driven market boom,” short-seller Jim Chanos said.

Fortune

Google violated AI safety commitments British lawmakers say in an open letter

An open letter signed by 60 U.K. politicians accuses Google DeepMind of breaking international AI safety commitments by delaying the release of Gemini 2.5 Pro’s safety report.

Fortune

Millions of student loan borrowers are bracing to have up to 15% of their wages garnished by the government

Some student loan borrowers could be left with only $217 per week.

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