What is power? Introducing the 2025 #Fortune100MostPowerful People in Business List. For the second time, Fortune ranked the leaders who are running the business world today and shaping what it will look like tomorrow. 🔗 See who made the full list here:

Gen Z is often branded lazy—but baby boomer NYU professor Suzy Welch has sympathised that the young generation’s attitude comes down to having “no reason to believe that they’re ever going to have economic security.”

As celebrity-founded brands become an obsession in Hollywood, where a billion-dollar valuation is the hot new status symbol, Beach House has carved out a niche as a startup factory.

As a college student, Reddit cofounder Alexis Ohanian walked out of his law school admission exam 20 minutes in—and decided he was going to become an entrepreneur. Just months later the $40 billion social platform was born.

"What’s most remarkable about me being global CEO is not that I’m the first woman or that I was a lawyer, but that I’m actually the first CEO that didn’t start right out of college," @Accenture CEO Julie Sweet told Fortune Editor-in-Chief @ajs.

Burnt-out managers uninterested in enforcing the RTO push are often the overlooked drivers of the “hushed hybrid” workplace culture.

"These corrective actions will be painful for many households but are necessary to head off the risk of a fiscal crisis, whereby an abrupt, large decline in Treasury demand relative to supply sparks a sharp, sustained increase in interest rates."

SHRM’s Civility Index research found that U.S. workers collectively experience 208 million “acts of incivility” each day. This stream of disrespect—from subtle slights to overt hostility—translates into costly absenteeism, sagging morale, and lost output.

One of those schools attracting more students from outside the region is Vanderbilt University. According to Chancellor Daniel Diermeier, the school has seen a surge in applications from the Northeast, West Coast and from the Bay Area in particular.

Eklund says his celebrity clientele are requesting that their luxury pads be flush with cold plunges, saunas, hot tubs, and IV drips. Instead of going to spas and sports clubs, they’re installing the wellness gadgets in their own apartments and mansions.

What’s perhaps most surprising is that jobs many recent grads might have once looked down on are emerging as a safer bet for a more satisfying career. Hospitality fared well in Deputy’s study, making up half of the 10 happiest job sectors.

“This isn’t about using AI on top of what you do today. If you’re not significantly changing the way you operate, then you’re not reinventing—and you’re not going to capture the value,” @Accenture CEO Julie Sweet told Fortune Editor-in-Chief @ajs.

Students confront realities they had never seen. Some are painful. Or they may joyfully uncover their true career, long waiting unseen in their minds. Among New York University students, Becoming You is “the class where everyone cries.”

The energy research firm Enverus estimates that at least 70 gigawatts of retired coal power capacity—enough to power 50 million homes, or almost 100 data centers—can be converted to clean (or cleaner) power sources.

“While this represents a loss of the extraordinary gains homeowners enjoyed from 2020-2022, it may signal a healthier long-term trajectory where housing appreciation aligns more closely with broader economic fundamentals rather than speculative excess.”

“Soybean farmers are under extreme financial stress. Prices continue to drop and at the same time our farmers are paying significantly more for inputs and equipment. U.S. soybean farmers cannot survive a prolonged trade dispute with our largest customer.”

There has never been a tie vote on the rate-setting Federal Open Market Committee. But the composition of the Fed is changing, and a new era of more contentious meetings may be ahead.

“Nearly 40% of online shoppers abandon their carts when faced with these extra tariff and duty surcharges at checkout,” Sean Henry, CEO of e-commerce and fulfillment company Stord, told Fortune.

“It was hard to hear—and it was really my first piece of constructive feedback—but what a gift to me,” @Accenture CEO Julie Sweet told Fortune’s Editor-in-Chief @ajs in the debut episode of @Fortune500: Titans and Disruptors of Industry.

The centerpiece of Apple’s Sept. 9 event will reportedly be the ultra-thin iPhone 17 “Air,” which would be the first time an iPhone is bestowed with the moniker that was so popular with Apple’s MacBook line two decades ago.

Today marks the 95th birthday of investor, philanthropist, and Berkshire Hathaway CEO Warren Buffett. In honor of his birthday, here’s a look back at some of his most iconic Fortune covers.