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The Latest Breaking News from Fortune

DOGE said 40% of the Social Security Agency’s calls were 'fraudulent.' Data suggests it was actually less than 1%

Elon Musk and his engineers claim 'insane' amounts of fraud in Social Security, but the real figures don’t back it up.

Fortune

Headaches at Coinbase: A data breach, a $20 million ransom demand, and a federal investigation into 'verified users'

The world's largest cryptocurrency exchange is facing challenges in the run-up to joining the S&P 500 next week.

Fortune

Eric Trump pitches family's 'American Bitcoin' mining firm as a Strategy-style proxy bet

The son of President Donald Trump also said he isn’t worried about the increasingly crowded field of Bitcoin stockpilers.

Fortune

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JPMorgan CEO Jamie Dimon tells remote-work-loving Gen Z 'you can’t learn working from your basement'

The bank CEO said in-person work is essential for innovation, management, and the development of young workers. But Gen Z is clinging to their couches.

Fortune

This GenZ entrepreneur started mowing lawns aged 12—he skipped college and now his gardening business turns over $1 million a year

Chase Gallagher was just 12 years old when he started mowing his neighbor's lawn for $35. The Gen Zer kept at it instead of going to college and now his business is generating over $1 million.

Fortune

Foot Locker CEO Mary Dillon's success makes Wall Street question Dick's Sporting Goods deal

If Mary Dillon couldn't fix Foot Locker, why will Dick's Sporting Goods?

Fortune

Exclusive: Stord raises $200 million in equity and debt to empower brands competing with Amazon

Stord, now valued at $1.5 billion, has raised $80 million in equity and $120 million in debt, Fortune has exclusively learned.

Fortune

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Will bond vigilantes kill Trump tax cuts?

The bill arriving in Congress could add an estimated $3.8 trillion to the federal deficit through 2034.

Fortune

Fortune’s 2025 CEO Survey shows increasing pessimism

Also: Inflation still top of Fed Chair Jerome Powell’s mind, Meta’s fraud problem.

Fortune

How Fortune 500 Europe’s C-suite execs spend their 5-to-9

From solving puzzles to playing sports, Fortune 500 Europe's C-suite execs say their hobbies make them better leaders.

Fortune

Saudi Arabia's $600 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump

Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.

Fortune

Trump is playing a 'game of chicken' with Tim Cook over Apple's India production to pressure for 'full-blown' U.S. manufacturing, analyst says

“It's just saying, ‘I think we can squeeze a little bit more out of you,’” Morningstar technology analyst William Kerwin told Fortune.

Fortune

A Kohl's board member resigned because she was 'continually disappointed' by governance and a lack of transparency. The retailer denies there was any friction

The retailer said it “strongly disagrees” with Christine Day’s statements.

Fortune

Airbnb’s Brian Chesky says CEOs don't have to be ‘miserable’—that's why he got rid of emails and banned meetings before 10 a.m.

‘Don’t apologize for how you want to run your company,’ the $84.8 billion short-term rental boss stresses.

Fortune

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Fortune

Michael Saylor admits Strategy shareholders 'would suffer' if Bitcoin were to 'fall 90% and stay there for 4 or 5 years'

Strategy—formerly MicroStrategy—owns nearly $59 billion worth of the cryptocurrency.

Fortune

One computer science course in high school can boost Gen Z’s future earnings by 8%—regardless of what career path they go down after graduating

In 2024, the median annual wage for computer and information technology occupations was $105,990—compared to $49,500 for the general average worker.

Fortune

Elon Musk's AI says it was 'instructed by my creators at xAI' to accept the narrative of 'white genocide' in South Africa

"This directive caused me to inappropriately insert references to 'white genocide' into unrelated conversations," Grok told Fortune.

Fortune

Walmart's CEO gets honest about Trump's tariff reality: Prices are still going up despite the China trade war pause

Doug McMillon admitted on Thursday that even reduced China tariffs are too much for the country's largest retailer to absorb.

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news in one place.

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Fortune

The CEOs of Fortune 500 companies are already beginning to plan for the worst

Data from a Fortune and Deloitte survey provides the first empirical proof that decision-makers are reeling under the weight of Trump’s trade war, with overwhelming optimism over his administration’s economic agenda giving way to sheer pessimism in just five months.

Fortune

Ulta Beauty taps the power of Beyoncé's Cowboy Carter tour

Cécred is part of Beyoncé's latest tour—to the benefit of Ulta.

Fortune

The AI training gap: Business leaders expect their employees to use AI at work but they aren’t providing them with any guidance

Only 10% of C-suite leaders believe they are ready for AI disruption.

Fortune

JPMorgan’s public blockchain move could set a new standard for institutional finance

Big banks face competitive pressure from fintechs and crypto-native firms.

Fortune

Nvidia’s huge deal with AI startup Humain puts Saudi Arabia at ‘the front of the line’ of global chip customers, Dan Ives says

As the Trump administration prioritizes partnerships with the Mideast, China emerges as the ‘big loser,’ the Wedbush analyst told Fortune.

Fortune

Banks are sitting on $500 billion in unrealized losses, and stagflation could cause another Silicon Valley Bank-like crisis

As long as interest rates remain elevated, lenders could be at risk if depositors get spooked.

Fortune

Why Mastercard CEO Michael Miebach believes the future of payments is in the hands of consumers

"People want simplicity. They also want safety," Miebach told Fortune.

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