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The Latest Breaking News from Fortune

Ex-presidential candidate Andrew Yang says it's time to 'stop taxing labor' and make AI foot the bill instead

Andrew Yang said on CNBC the U.S. shouldn’t tax something like labor in the age of AI.

Fortune

Americans are demanding refunds from the $180 billion in tariffs they paid for, and they’re suing companies like Costco to make it happen

A Costco shopper sued the big-box retailer, saying a proposed class of plaintiffs could top 100, and they’re demanding $5 million in tariff refunds.

Fortune

BlackRock’s Larry Fink predicts AI bankruptcies: ‘That’s capitalism’

Competition among AI's biggest spenders will produce winners and losers—and that's a good thing, he said.

Fortune

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Meet Chresten Wilson, the airline captain set to become United’s most senior female pilot ever—the job pays $400K and doesn’t require a college degree

United Airlines has over 18,000 pilots—and after 42 years in the cockpit, Chresten Wilson is poised to become the most senior one at United.

Fortune

More people will own a humanoid robot than a car by 2060, BofA predicts

An aging workforce, a labor shortage, and a capital surge are quietly building the foundation for the biggest consumer technology wave since the smartphone.

Fortune

How the Iran war cuts off Southeast Asia's tourism industry

Travel experts now fear that countries like Thailand, Cambodia and Indonesia may soon see a dip in tourists.

Fortune

5 Dollar Tree Hacks That Worked in 2022 — And Why They Don’t in 2026

Inflation and shrinkflation have changed Dollar Tree’s value, turning once‑smart hacks from 2022 into budget traps that no longer save shoppers money in 2026.

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Wall Street buckles in for a long war as Hormuz remains closed and Trump says he has ‘plenty of time’

Three words spooking the market.

Fortune

Former Indeed CEO Chris Hyams thinks AI's risk doesn't come from the tech, but from those 'responsible for driving it'

Also: All the news and watercooler chat from Fortune.

Fortune

Oil and fertilizer prices are climbing. Your grocery bill may follow

The spike in crude oil and fertilizer prices could raise food prices within the coming months.

Fortune

Billionaire Vinod Khosla says ‘follow your passion’ is bad career advice for kids today—but could be the best in 15 years

Sun Microsystems cofounder Vinod Khosla says AI could upend career advice for Gen Alpha—shifting away from college and “safe” jobs.

Fortune

The national debt isn't $39 trillion. One economist says it's actually $100 trillion

"It's not a Ponzi scheme," Penn Wharton's Kent Smetters explained to Fortune. "It's a shell game."

Fortune

Amazon puts humans further back in the loop as its retail website crashes from 'inaccurate advice' that an AI agent took from an old wiki

There was a different agenda at a weekly operations meeting recently: the fact that Amazon.com hasn't been working as smoothly.

Fortune

Google’s AI overviews are 44% more likely to trash your brand than ChatGPT

A new study of hundreds of millions of AI prompts finds negative brand content is no longer buried on page 10—it's now sometimes the first thing consumers see.

Fortune

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Inside the Binance accounts internal investigators say helped transfer more than $1 billion to Iran-linked entities: A 79-year-old VIP Chinese trader and a suspected Iranian gold smuggler

Compliance experts expressed surprise that Binance did not immediately restrict the accounts, most of which have since been offboarded.

Fortune

Trump might get away with his new tariffs: The law he’s relying on survived over 3,600 legal challenges, and even Biden used it

“Challenging whatever the administration does here is going to be much more difficult than the IEEPA case,” international trade expert Timothy Meyer told Fortune.

Fortune

Fertilizer prices soar as Strait of Hormuz tensions rise—forcing U.S. farmers to rethink spring planting

Geopolitical turmoil is driving fertilizer prices up 30%, forcing tough crop choices, former USDA chief economist Seth Meyer told Fortune. “A bad decision this year could be pretty costly.”

Fortune

Trump's Iran war could hike national debt by $65 billion in 60 days, while tariffs add another crushing blow

The Pentagon told lawmakers that they estimated the cost of the war exceeded $11.3 billion in the first 6 days of the conflict—and that didn't even include all of the pre-strike costs.

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Fortune

'I don't know if we're ready': Governors from each party appalled at 100-year-old federal workforce strategy

"We have a workforce training system that was designed 100 years ago for a very different economy," Bill Haslam (R-TN) told Fortune.

Fortune

Sam Altman admits AI is killing the labor-capital balance—and says nobody knows what to do about it

The OpenAI CEO tackled AI’s growing PR crisis and said there's truth to the layoff fears. A "painful adjustment" for the labor market lies ahead.

Fortune

a16z exec Steven Sinofsky had murky dealings with Jeffrey Epstein in his previous life working for Microsoft

New DOJ documents show the former Microsoft Windows chief brought Epstein into negotiations over his 2012 exit package.

Fortune

Oil went over $100 again after the U.S. admitted it cannot control the Strait of Hormuz

Oil is trading like a meme stock, some analysts say.

Fortune

A U.K.-based sustainability initiative is drawing U.S. CEOs like BoA's Brian Moynihan: 'We've got to make this happen the right way'

Also: All the news and watercooler chat from Fortune.

Fortune

$683 billion in unpaid labor: How companies like Amazon, AARP, and Levi's are easing the caregiving burden on women

A growing number of employers are offering paid leave, backup care, and emergency reimbursements—but experts say it's still not enough.

Fortune

Exclusive: Oro Labs, which is using AI to streamline companies' procurement processes, raises $100 million in fresh venture capital funding

Goldman Sachs Equity Growth and Brighton Park Capital lead the funding round for the company, which says it can reduce procurement process times from weeks to days or hours

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