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The Latest Breaking News from Fortune

Phoebe Gates wants her $185 million AI startup to succeed with 'no ties to my privilege or my last name': 'I have a chip on my shoulder'

The daughter of Bill Gates and Melinda French Gates acknowledges her privilege but says she’s building her own thing without their help.

Fortune

You have 18 months to figure out your office job, $1 billion CEO says. But it’s not going away

Tanmai Gopal of PromptQL said tech people have a bad habit of thinking "this affects me. So it's going to affect everyone like that."

Fortune

Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

As governments race to restrict minors’ social media use, the tech billionaires who built the platforms are imposing strict screen limits at home.

Fortune

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If the recent AI and crypto shocks upset you, you're tracking the wrong cycle

Claude and DeepSeek, separated at birth?

Fortune

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

Neuroscientist Jared Cooney Horvath said older generations “screwed up” giving students access to so much technology: “I genuinely hope Gen Z quickly figures that out and gets mad.”

Fortune

New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump's tariffs defeat will make the picture even worse

By 2035, the CBO expects the deficit to reach $2.96 trillion or 6.2% of GDP versus 5.8% today, and almost double the multi-decade, pre-pandemic average.

Fortune

Trump team livid about Dario Amodei's principled stand to keep the Defense Department from using his AI tools for warlike purposes

Anthropic might lose its $200 million Defense Department contract after the company questioned how its AI model was used during the Maduro raid.

Fortune

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Jerome Powell knows the Fed's balance sheet got too big—Kevin Warsh has a plan, he just has to sell it without freaking out markets or the Treasury

"I've got a lot of sympathy for Warsh's view. But the transition from here to where he wants to get, could be problematic."

Fortune

Trump loves cheap gas—but a military conflict in Iran could nearly double your price at the pump

As Trump builds the biggest military force since 2003 outside Iran, the U.S. impacts could swing from $2.50 to $5 gasoline.

Fortune

We heard CEOs rip into Trump's tariffs behind the scenes and the Supreme Court just vindicated them

But sadly, the economic uncertainty isn't over.

Fortune

How Costco suing Trump helps business and stoke loyalty

Every seemingly political move Costco has made, like fighting tariffs and defending DEI, was ultimately about serving the customer.

Fortune

The Supreme Court’s bombshell tariff ruling failed to answer a $133 billion question over refunds: Now what?

Costco and other firms that filed early lawsuits may have an edge when it comes to collecting any refunds.

Fortune

CFO whose business fell 10% from tariffs cheers Supreme Court ruling: ‘No single person should have unilateral authority over tariffs’

Matt Totsch, the CFO of manufacturer Trim-Tex, said businesses like his have been dealing with crippling uncertainty caused by Trump’s chaotic tariff policies.

Fortune

Trump calls Supreme Court justices who struck down his tariffs a ’disgrace to our nation’ and vows fresh duties under other laws

“I’m ashamed of certain members of the court, absolutely ashamed for not having the courage to do what’s right for our country,” Trump told reporters.

Fortune

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Fortune

Elon Musk bans résumés and cover letters in hiring for his chip team. These are the 3 bullet points he’s looking for instead

The Tesla CEO is nixing the résumé, following a growing trend in recruiting that emphasizes skills over credentials.

Fortune

America’s debt problem just got worse by $2 trillion with the Supreme Court’s tariff ruling

Many shoppers and companies might cheer the drawdown of Trump’s tariffs, but the truth is America really needed that money.

Fortune

Trump vows to release classified information on aliens after admonishing Obama for commenting on classified information about aliens

Trump has a lengthy history of retaining classified information. He said he would “help“ Obama by declassifying any documents related to aliens or UFOs.

Fortune

AI can now hunt software bugs on its own. Anthropic is turning that into a security tool

The system builds on research showing AI can uncover serious software flaws across vast amounts of code, at a time when both hackers and defenders are turning to AI.

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Fortune

Mark Zuckerberg’s entourage threatened with contempt for wearing Meta AI glasses into a no-recording courtroom

“This is very serious,” Judge Carolyn B. Kuhl said in response to the apparent product placement stunt.

Fortune

‘Trump will no longer be able to honor many of the “deals” he has negotiated’: How the Supreme Court crippled America’s negotiator-in-chief

The effective tariff rate skyrocketed from a mere 2% to 14%, Capital Economics calculates, and 9% of that came from tariffs that turned out to be illegal.

Fortune

Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos, founder of retail giant Amazon, which just topped the Fortune 500, is dismissive of the word “balance”—and he’s not alone.

Fortune

‘Doubts around the AI revolution are emerging,’ BofA says, as the market sees a ‘double-edged sword’ that could ‘cannibalize’ profits

Instead of boosting corporate revenues, AI might actually destroy them, as AI infrastructure projects look dangerously stretched.

Fortune

Bitcoin and Ethereum are off to their worst start of the year in a decade—but some see a rebound in sight

The year-to-date performances of the world’s two largest cryptocurrencies are some of the most bearish on record, according to data from CoinGecko.

Fortune

Mark Cuban says AI won’t take your job anytime soon because it still acts like a hungover college intern—with a $100K price tag to show for it

As tech CEOs predict mass job displacement, billionaire former Shark Tank star Mark Cuban just revealed the “smartest counter” to that narrative.

Fortune

Former Goldman Sachs CEO Lloyd Blankfein says Peter Thiel is wrong: College is worth it because it makes you a 'complete person'

Former Goldman Sachs boss Lloyd Blankfein hit back at tech leaders who say the degree is dead: Attending college is actually one of the best ways to open doors and grow confidence.

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