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The Latest Breaking News from Fortune

Banning investors won’t fix America’s housing shortage

It is a perfect example of the adage: don't just do something; stand there. Renters would be better off without this proposal.

Fortune

Fidelity enters crowded stablecoin field with new FIDD token

The upscale brokerage has a long history of working with digital assets.

Fortune

OpenAI digs in on a fundamental disconnect in new research: AI is ready for primetime, many businesses aren't

The real challenge isn't building better AI—it's actually using it.

Fortune

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Why Ashley St Clair, MAGA influencer and Elon Musk's ex, is taking on his AI empire

Conservative influencer Ashley St Clair says Grok generated explicit deepfakes of her—including images from when she was 14. Now she's fighting xAI and Elon Musk.

Fortune

Exclusive: Snout, pet wellness plan startup, raises $110 million in debt and equity

Snout has raised $10 million in Series A funding, led by Footwork, and $100 million in debt financing from Clear Haven Capital Management, the company has exclusively confirmed to Fortune.

Fortune

Self-driving startup Waabi raises up to $1 billion and partners with Uber to deploy 25,000 robotaxis

The AI company, which had been focused on software to enable autonomous trucking, has now expanded into robotaxis

Fortune

Gold is going up because Trump is talking down the dollar: ‘The narrative of relative U.S. decline,’ UBS fears

The dollar hasn’t been this weak for years.

Fortune

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CEO of Glassdoor and Indeed parent says AI is not replacing workers: 'We're not seeing that kind of data at all'

Also: All the news and watercooler chat from Fortune.

Fortune

SAP boss Christian Klein has seen the AI future. What you say will be more important than what you type

Christian Klein, CEO of SAP, predicts the end of the keyboard as we enter the era of applied AI and voice commands.

Fortune

As vet bills jump 40% in recent years, startup Snout raises $110 million for its ‘membership’ model to defray costs

Costs vary based on plan, but on average customers are paying $65 a month for Snout to help take care of vet costs upfront.

Fortune

This millennial quit her corporate 9-to-5 to pet sit—she’s now living rent-free, saving thousands a month, while earning $70 per day

Thanks to pet sitting, 32-year-old Georgina Welsh travels the world, works half the hours, and still takes home as much as she did in her corporate job.

Fortune

How to fight child hunger in a time of foreign aid cuts

If aid cuts continue at this pace, preliminary research shows that 14 million people could die in the coming years, 4.5 million of them children.

Fortune

Fed favorite Rick Rieder knows more about the bond market than anyone in America

As he eyes the next Fed chair, nothing’s a bigger deal in Trump’s policy decisions than what makes the bond market thrive or tank.

Fortune

Fortune 500 CEOs are no longer giving an A for effort. Now they want proof of impact

Revamped performance reviews from Mark Zuckerberg, Jane Fraser, and Andy Jassy signal a new management focus on tangible results.

Fortune

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Asia is the 'next big frontier' for sustainable aviation fuel as governments push green mandates

Malaysia may soon consider an SAF mandate, the latest policy in Southeast Asia's tentative embrace of green aviation.

Fortune

New filings exposing Elon Musk’s financials for X in the UK show revenue plummeted 58%

Advertisers have been fleeing the platform since Musk acquired what was then Twitter in 2022.

Fortune

Detroit’s top carmaker just wrote down $7.6 billion on its EV business—and grew its market cap by the same amount. Here’s how GM did it

“We continue to believe in EVs,” CEO Mary Barra told the Street. But GM also believes in free cash flow.

Fortune

Amazon and JPMorgan led the Fortune 500 in returning to the office 5 days a week. Now they’re leading a coworking comeback

A year after the return-to-office push, larger companies are turning to shared spaces to fill their office needs.

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Fortune

Crypto giant Tether pushes into the U.S. with USAT stablecoin to challenge Circle

The world’s biggest stablecoin issuer now has a digital dollar compliant with U.S. regulation.

Fortune

At Davos, CEOs said AI isn't coming for jobs as fast as Anthropic CEO Dario Amodei thinks

The Anthropic CEO warns 50% of entry-level white collar jobs will be gone in five years. Other tech CEOs see that as unlikely.

Fortune

OpenAI CFO Sarah Friar: There's a 'mismatch' between AI's abilities and the value companies are capturing

There’s a growing gap between AI’s potential and how companies actually use it.

Fortune

The AI boom’s most unexpected winner? A 175-year-old company called Corning

As hyperscalers race to wire ever larger AI clusters, Corning is emerging as one of the most critical—and overlooked—suppliers in the stack.

Fortune

UnitedHealth is reeling from a nearly 20% stock rout after warning investors about its first revenue decline in decades

"The company expects to return to growth in 2026," UnitedHealth said in May of last year. Today it revealed that it will take a bit longer.

Fortune

Americans are still ditching New York and LA at alarming rates, but Miami's on the list now, too

“Miami’s migration tells a striking story,” says the Bank of America Institute. Meanwhile, the Midwest is “still having a moment.”

Fortune

Before California, France tried a wealth tax. Macron repealed it after rich people fled the country instead of paying

A 20-year French experiment with a wealth tax ended with mixed results, but its removal created problems of its own.

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