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The Latest Breaking News from Fortune

The tariff chaos is a golden opportunity for CEOs to give up their bad habit of offering earnings guidance

Also: New tech tariffs are coming. Again. But polls show the public isn’t happy over expected higher prices.

Fortune

Nearly 80 million Americans are legally entitled to income-based help like Medicaid and food assistance. The Trump administration just dismantled the office that establishes eligibility

A small office within Health and Human Services that sets the federal poverty guidelines every year has reportedly been dismantled, with no one left to do the calculations.

Fortune

Just to break even after the recent selloff, stocks will need to have the sort of rally that only happens during bull markets

Here is how much the S&P 500, the Nasdaq 100, and the Dow need to gain to finish the year where they started.

Fortune

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As RFK Jr. defends cuts to public health, experts warn of devastating effects that could haunt Americans for decades

There is one area to which experts say Trump’s administration unquestionably has already done real damage: public health.

Fortune

How Hamid Moghadam built his Fortune 500 company Prologis

The longtime Fortune 500 CEO credits his company’s success to “cool insights, some dumb luck, and some decisions that were well thought through.”

Fortune

Panicked Chinese suppliers are offering a tariff solution to Amazon sellers—but it's not legal

In emails and WeChat messages viewed by Fortune, Chinese suppliers proposed illegal workarounds to executives from a brand with a large presence on Amazon.

Fortune

This death doula has been at the bedside of over 1,000 patients globally. These are the top 3 regrets at the end of life

Suzanne O’Brien has changed her life since working at the end of it.

Fortune

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Intel’s new CEO invested at least $200 million in Chinese businesses, some with links to the country’s military, report says

There is no evidence that Tan currently invests directly in companies on the U.S. Treasury’s Chinese Military-Industrial Complex Companies List, according to Reuters.

Fortune

Amazon CEO Andy Jassy says after nearly 30 years at the company, one trait separates those who see their career thrive: a high ‘WhyQ’

The Amazon veteran says asking a lot of questions is the biggest differentiator between those who see their careers fly—and those who don’t—at the $2 trillion tech giant.

Fortune

Top economist Larry Summers is highly concerned U.S. Treasuries were trading 'like those of an emerging market nation'

In a wide ranging interview with Fortune, the former Treasury Secretary also says we're already seeing the first signals of a possible recession.

Fortune

Elon Musk drastically drops DOGE’s savings goal from $2 trillion to $150 billion for the year

In a cabinet meeting, Elon Musk appeared to dramatically lower DOGE’s savings goal.

Fortune

Inside the bond market’s $800 billion ‘murder mystery’

One of Trump’s head economists said the spike in yields added “urgency” to the decision to pause the president’s reciprocal tariffs.

Fortune

Trump’s trade war with China begins — and Apple and Tesla are the first casualties

Also: Fortune’s 100 Best Companies to Work For, Apple’s supply chain is trapped.

Fortune

Job applicants are using AI to lie about their true identities. Here’s what HR leaders need to look out for

Companies today are getting a deluge of job applications attached to fake identities.

Fortune

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Fortune

Andy Jassy’s new shareholder letter highlights his quest to resurrect the startup that Amazon once was

What the CEO is seeking to do is largely uncharted territory: transforming a global behemoth into the “world’s largest startup.”

Fortune

The U.S. is now gearing up for a confrontation with China, which some say was the plan all along

The case for and against the existence of Trump’s Grand Plan.

Fortune

'Bond King' Bill Gross warns Gen Z and millennials will be the biggest losers from tariff-fueled market swings that rely on whether Trump 'had a good night's sleep'

The president pressed pause on some tariffs, but after a relief-fueled rally, stocks retreated less than 24 hours later and fears of inflation and a potential recession still swirl.

Fortune

Apple’s Steve Jobs dealt with the 2008 financial crisis by investing his way through the downturn, instead of slashing jobs and budgets—2 years later the iconic iPad was launched

Just two years after the 2008 financial crisis, Apple released the iPad.

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news in one place.

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Fortune

AOC and Warren demand answers on ‘insider trading’ allegations after Trump’s tariff U-turn sparks stock surge

“Americans need to know whether President Trump or anyone in his administration manipulated the market to benefit their donors,” said Sen. Elizabeth Warren.

Fortune

Trump's tariff pause gives businesses some breathing room but they're still frozen when it comes to hiring decisions

You probably shouldn’t expect a hiring spree.

Fortune

Goldman Sachs pulled its recession call moments after Trump pressed pause on tariffs. Moody's chief economist isn't convinced: 'I take no solace in the president's announcement'

Markets are bouncing back, but not everyone is so relieved.

Fortune

Get ready to pay more than $2,000 for a new iPhone: Experts say Trump's 125% tariff on China is a 'complete disaster for Apple' akin to 'Armageddon'

Trump's 125% tariff on China could soon make the latest iPhone unattainable for most Americans, experts warn.

Fortune

America’s largest egg producer saw profits triple last quarter after raking in millions in government assistance

Egg giant Cal-Maine sold 20% more eggs, but collected about 350% more dollars as it did pre-pandemic.

Fortune

Prada scores a $200 million discount on imminent Versace deal thanks to tariff uncertainty, report says

After months of speculation, Prada's acquisition of Versace might finally happen—but the tariffs impact the deal's price.

Fortune

Co-founder of $12 billion crypto company says Gen Z new hires 'create an absurd amount of chaos' and make him want to pull his hair out—but he's betting on them anyway

Paradigm CEO Matt Huang feels like he’s “running the X-Men Academy”. While other leaders complain about their Gen Z new hires, the crypto chief is going against the grain and promoting them into the C-suite.

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