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FOUND: 17 - You Need To See This

Funflation is hitting hobbies just as Americans spend more on fun at home to avoid going out

The rising cost of airfare, eating out, and gas has made Americans pickier about their spending.

Fortune · Sep 29

‘We are going to start looking a lot more like Europe’: Millennials are living at home into their 30s, signaling a major shift

A real estate expert tells Fortune that there’s a “secular shift” underway in American life: More young adults are “content” living at home with their parents.

Fortune · Sep 29

The gut-check questions every leader needs to ask before building with AI

AI has made it easier than ever to build. It hasn’t eliminated the need to choose where you should. I’ve sat on both sides and know it's not an easy call.

Fortune · Sep 29

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83% of CFOs say U.S. stocks are overvalued, even as optimism about their companies rises

CFO confidence rebounds, but executives remain measured in their assessment of the broader economy.

Fortune · Sep 29

ADP: what 77 years of payroll taught us about AI

The next generation of HR technology will depend as much on human expertise and judgment as it does on automation.

Fortune · Sep 29

Exclusive: AI housing unicorn EliseAI hits $4 billion valuation in new funding round led by a16z and Bessemer

“The industries where AI matters most are still not the ones getting the most attention,” says CEO Minna Song.

Fortune · Sep 29

Stop asking writers if they used AI. Just ask them how much

A humble suggestion for a new way, a new spectrum, to think about how writing is really put together: a scale of 0 to 5.

Fortune · Sep 29

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AI may prove disinflationary because agents can negotiate contracts and deals to make your life cheaper, says top economist

Personalized AI agents “could ultimately be an important competitive, and disinflationary, force across the economy,” Jeremy Siegel wrote.

Fortune · Sep 29

Anthropic’s $2 trillion IPO prospectus has leaked—and it shows growing revenue, steep losses, and recent operating profits

Everything you need to know before you reach the office this morning.

Fortune · Sep 29

Anthropic’s leaked IPO prospectus details steep losses, rapid growth, and a fear that AI could end humanity

Anthropic’s leaked IPO prospectus offers a closer look at the cost of building frontier AI.

Fortune · Sep 29

Georgia Attorney General: scams demand a new consumer protection strategy

Today's scams are coordinated, multi-stage criminal enterprises that exploit an interconnected digital economy. Our response must be just as coordinated.

Fortune · Sep 29

OpenAI’s agents are still ransacking the web

The company has hit pause on all research.

Fortune · Sep 29

Inside Danny Meyer's promote-from-within culture: 80% of his GMs started as hourly staff

Also: All the news and watercooler chat from Fortune.

Fortune · Sep 29

The U.S. should be ‘more confident’ and less worried about losing ground to China, says Peking University expert

As U.S.-China relations thaw, Peking University’s Yu Tiejun argues that Washington's fears of losing the tech race are misplaced.

Fortune · Sep 29

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Fortune · Sep 29

He was Disney's most junior employee when he rewrote the CEO's op-ed. Now he's a CEO, with advice for Gen Z: ‘Don't really ask for permission’

Funko CEO Josh Simon’s first job was working under Disney’s Michael Eisner, where taking a risk taught him a career lesson he still carries today.

Fortune · Sep 29

Billionaire oil tycoon Harold Hamm donates $150M to the University of Oklahoma to help study a cause that’s personal to him: diabetes

The gift is the largest in OU’s history, and it arrives as Oklahoma ranks near the bottom nationally for health system performance.

Fortune · Sep 29

The bill has come due. But no one wants to pay for climate mitigation

We are, in the most Grecian sense of the word, in a tragedy. Mitigation means sailing between Charybdis and Scylla.

Fortune · Sep 29

The man who looked into the 'actual beating heart' of the financial system—and saw something 'profoundly dangerous'

Robin Wigglesworth, author of index-fund history “Trillions,” is back with a thousand-year look at bonds in “A Fabulous Debt.”

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Fortune · Sep 29

Historically, stocks have offered a big premium over bonds. Suddenly, the difference has almost vanished

Investors are now getting less than 1 point of extra expected return for owning stocks instead of safe Treasuries.

Fortune · Sep 28

AMD acquires startup cofounded by ‘godmother of AI’ Fei-Fei Li for $8.2 billion

The deal brings together two of the leading women in the AI industry, and gives AMD a new plank in its competition with GPU rival Nvidia.

Fortune · Sep 28

China has quietly got Trump by the soybeans

Trump and Xi have slashed tariffs on $30 billion worth of goods on each side, but not the soybeans that Iowa farmers depend on

Fortune · Sep 28

AI companies must watch out for freeloaders burning tokens for free—and wrecking margins one sign-up at a time

In token economics, every prompt has a price. So who pays?

Fortune · Sep 28

'Unsettling to American partners': Trump’s offer to sell arms to China is an admission he doesn’t take its security threats seriously, experts warn

While the White House denied there are plans for one, an arms sale would completely undermine U.S. efforts to keep China from becoming a superpower, according to policy experts.

Fortune · Sep 28

Saudi Arabia is reaping a massive oil windfall, making it perhaps the Iran war’s only winner. Tehran’s proxies actually ‘did Saudi a favor’

“Folks, at this point in time, any exports Saudi achieves via the Red Sea is just icing on their $100/barrel cake.”

Fortune · Sep 28

Europe cashes in as U.S. science and tech exodus gathers pace

As U.S. research funding comes under pressure, European companies and institutions are seeking to court America’s top STEM talent.

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