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The Latest Breaking News from Fortune

The jobs report will ‘lead to continued controversy,’ leaving Jerome Powell in wait-and-see mode and dashing investor hopes for imminent rate cuts

ZipRecruiter’s chief economist says the latest jobs report “delivers a kind of hazy, mixed picture” that will leave the Fed—and investors—guessing.

Fortune

Shein is bad for the fashion industry and our planet—but I can’t wait for the IPO

I’m rooting for the Shein IPO because I hope it will be the final wake-up call to the struggling fashion industry.

Fortune

Iggy Azalea is cashing in on crypto, as her ‘memecoin’ makes $194 million in one week

Celebrities are turning to memecoins to monetize and engage with their fanbase without a middleman.

Fortune

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NYC comptroller: Food delivery apps are blaming minimum pay for inflation. It's baloney

Uber Eats, DoorDash, and Grubhub together average about 2.6 million deliveries a week in New York, both before and after the rate increase.

Fortune

The American pharmacy meltdown

American pharmacies are facing a national crisis–as you’ve probably noticed at your local drugstore.

Fortune

Microsoft's Satya Nadella is the leader Fortune 500 CEOs admire most. This management philosophy helps explain why

Microsoft's Satya Nadella’s peers look him to him more than any other Fortune 500 CEO

Fortune

Workday’s revenue is booming as it makes its Fortune 500 debut. The CFO explains what’s behind the momentum

Zane Rowe joined Workday as finance chief in June 2023.

Fortune

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AI-generated ‘BBL Drizzy’ started as a Drake joke—but music creators are now terrified it spells the beginning of the end

Drake—perhaps accidentally—became the first artist to clear a sample for an AI-generated track.

Fortune

Layoffs, abusive calls, and AI fears: Inside the front lines of Amazon’s ‘customer obsession’ promise

Amazon customer service employees say a vicious cocktail of cost-cutting, shopper vitriol, and AI panic has turned their lives upside down.

Fortune

Boomers are setting up a showdown with millennials, aging in place and plunking down hundreds of thousands on renovating those homes

Millennials need homes, but because of high home prices and mortgage rates, baby boomers have little reason to sell.

Fortune

Reclaiming my birth name as a Black woman made me a stronger executive leader—after 20-plus years as ‘Shauna’

Forget “code-switching,” we need work cultures “where people feel seen, heard, and valued,” argues LaShuna McBride.

Fortune

We used AI to analyze 24 years of retailers’ SEC disclosures—and found the one factor that would have doubled investor returns

How to get rich? You put money into companies that invest in their frontline workers and wait 30 years.

Fortune

I survived a boardroom panic attack with a paper clip (and a tale to sell)

Mike Lubow, a retired ad man turned novelist, has a simple trick for defeating stage fright. Just don’t draw blood.

Fortune

Jensen Huang’s Nvidia bests back-to-back winner Microsoft to be named Fortune 500’s best-led company

For the fourth year in a row, Fortune partnered with Indiggo to publish the ROL100 Ranking.

Fortune

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Fortune

He taught at MIT, worked at Morgan Stanley, and convinced Bill Ackman and Galaxy to back his $200 million crypto fund by his early 30s. His future is now in jeopardy

How Shima Capital’s fast-and-loose approach to compliance alienated its backers and could run afoul of the SEC.

Fortune

Meet the 4 types of Gen Z freelancers—and their secret weapon

Half of all Gen Zers freelance—but not all Gen Zers freelance the same way.

Fortune

Fortune 500 CEOs can't stop thinking about AI—even if they have modest ambitions for the new tech

CEOs are most interested in using AI to automate customer service and back-office tasks—goals they had before the new tech burst onto the scene.

Fortune

Zero percent down mortgages might help more first-time homebuyers break into the housing market—but there are caveats

United Wholesale Mortgage announced a 0% down program last month, and since then it’s been all the rage, but people are split: Does it eliminate a barrier or will it launch us into another subprime mortgage crisis?

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Fortune

Usher and Apple CEO Tim Cook had a meeting. Now the Super Bowl performer is taking his ideas to Capitol Hill

Usher will join French pharma giant Sanofi in Washington, D.C., to discuss the importance of early screening for type 1 diabetes.

Fortune

FLiRTing with a COVID summer surge? What to know about the newest family of Omicron subvariants

These JN.1 spinoffs are more immune-evasive than subvariants past, scientists say.

Fortune

Microsoft’s chief scientist: Step aside, prompt engineers—AI will start prompting you instead

AI-generated prompts can serve as clarifiers and conversation catalysts, says Microsoft's chief scientist Jaime Teevan.

Fortune

After a health tragedy at 33, this founder launched a $100 million beauty brand then sold it to a Fortune 500 company for millions more

Mielle Organics' founder suffered a tragic loss that sparked a business idea and an acquisition by Procter & Gamble years later.

Fortune

Verge Genomics CEO: Why I urge my employees to share their fears and vulnerabilities—and do the same with them

“Vulnerability, a key leadership principle, helps me better understand my colleagues,” says Verge Genomics CEO Alice Zhang.

Fortune

What's next for Guild after founder Rachel Romer's stroke

Guild founder Rachel Romer shares more about her experience recovering from a stroke at 34.

Fortune

Wall Street has returned to T+1 trading for the first time in a century. How much longer until T+0?

SEC Chair Gary Gensler says a quicker settlement cycle benefits investors and reduces risk. Why not make it faster?

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