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The Latest Breaking News from Fortune

The wealthy kids of property-rich U.K. parents get the highest-paying jobs, especially sons—and new research has revealed why

For every $133,800 of extra property wealth their parents had, U.K.’s rich kids were $20,000 better off. They also have more access to high-paying jobs—with men standing to gain the most.

Fortune

America’s hottest job opening right now is in the NFL—no degree is required, you won't be fixed to a desk and it pays up to $20 million

Nine NFL teams are hiring head coaches—roles that pay millions but demand long hours, constant travel, and intense public scrutiny.

Fortune

Verizon offers $20 account credits for 1.5 million customers outraged by mysterious 10-hour-long service outage. Here’s how to get the credit

The company noted the credit, on average, “covers multiple days of service.”

Fortune

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Trump’s ‘Department of War’ rebrand could cost $125 million, says the CBO, for the likes of replacement stationery and new signs

A conservative estimate would be $10m, wrote the Congressional Budget Office, but depends on how aggressive the Department of War wants to be with its rebrand.

Fortune

An NFL-bound college quarterback just turned down a $50 million payday to stay in school and play another season

More college athletes are putting off going pro amid the growing appeal of and opportunity for NIL deals.

Fortune

Citi CFO Mark Mason says the bank is strong and his successor will ‘continue the momentum’

The longtime finance chief prepares to hand off the CFO role to Gonzalo Luchetti after helping steer Citi through restructuring and solid performance in 2025.

Fortune

Exclusive: Mytra raises $120 million Series C to scale supply chain robotics amid industry boom

Mytra has raised a $120 million Series C, led by Avenir Growth, the company exclusively told Fortune.

Fortune

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IPO boom times are back, with SpaceX and OpenAI on investors' 2026 wish list. But be careful what you buy

An expected surge in public offerings means more excitement, but also more duds.

Fortune

Trump's immigrant visa crackdown targets Southeast Asia's Cambodia and Thailand, a decision experts find 'puzzling'

“The policy appears less focused on managing migration volumes than on political signaling," says Tan Sook Rei of James Cook University.

Fortune

Economy is marginally improving, says the Fed, but only because rich consumers are splurging on luxury items and holidays

The Minneapolis Fed said that while retailers catering to higher-end consumers reported increased sales, those targeted at middle and lower-end consumers are "getting pretty beat up."

Fortune

Tech stocks took another beating as retail investors dump the Magnificent Seven

Traders are selling down the Mag 7 but buying most of the other stocks.

Fortune

CEO leading Saks Global through bankruptcy has a management philosophy of 'leading with love'

Also: All the news and watercooler chat from Fortune.

Fortune

Desperate job seekers are abandoning the idea of a ‘dream job’—but an economist warns bosses about what could happen next

More than a quarter of new employees took a pay cut, showing that bosses hold the power.

Fortune

AI will infiltrate the industrial workforce in 2026—let’s apply it to training the next generation, not replacing them

A silent crisis is shaking the very foundations of modern society. Here's how to turn it into a loud victory.

Fortune

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Fortune

Despite a $45 million net worth, Big Bang Theory star still works tough, 16-hour days—he repeats one mantra when overwhelmed

Even with a $45 million net worth, fame, and a dream career, Big Bang Theory star Kunal Nayyar still has tough days. Just like Jeff Bezos and Melinda French Gates, Nayyar tells Fortune he uses a personal mantra to cope.

Fortune

Teachers decry AI as brain-rotting junk food for kids: 'Students can't reason. They can't think. They can't solve problems’

The findings come from a major, yearlong “premortem” conducted by the Brookings Institution’s Center for Universal Education.

Fortune

America’s $38 trillion national debt is so big just the interest will soon cost more than Medicare

The staggering math behind the rapid rise in interest due on our outsize debt.

Fortune

The head of marketing at Slate posted on LinkedIn requesting cleaning services as a benefit at her company. The next day, HR answered her call

“You hear a lot of organizations talk about valuing their people and prioritizing culture, but Slate actually demonstrated it in a very real, very immediate way,” Christina Le told Fortune.

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Fortune

Can Saks' new CEO repair the damage done to the luxury retailer by years of being treated as a 'financial plaything'?

Geoffroy van Raemdonck's first order of business will be to win back fashion brands.

Fortune

Using AI just to reduce costs is a woeful misuse of a transformative technology

Nigel Vaz, CEO of Publicis Sapient, the technology company belonging to Publicis Groupe, argues that most leaders are misusing AI – and missing a once-in-a-generation opportunity to transform how businesses grow.

Fortune

AI ‘godfather’ Yoshua Bengio believes he’s found a technical fix for AI’s biggest risks

After years warning that advanced AI could spiral out of control, the deep-learning pioneer now sees a way to build AI that won't pose a threat. His nonprofit, LawZero, has named a new board to help him pursue this “moral mission”

Fortune

Landmark crypto bill on knife’s edge as Coinbase CEO pulls support ahead of key Senate vote

The proposed legislation has triggered a fight with the banking lobby over stablecoin yields and Democrats over White House conflicts of interest.

Fortune

Bitcoin closes in on $100,000 in surprise surge

The original cryptocurrency is soaring after ending 2025 in a slump.

Fortune

Rural America is getting a bailout, but not from Trump—billionaires are riding to the rescue

It's not just MacKenzie Scott who's giving back to American communities.

Fortune

Trump hails ‘booming investment’ in Detroit while auto manufacturing jobs have fallen every month since Liberation Day

The industrial heartland faces a grim arithmetic: Billions in new investment are pouring in, but the workers are being left behind.

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