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The Latest Breaking News from Fortune

Trump has created a ‘trickle up’ tariff economy that means U.S. companies aren’t done hiking consumer prices over import taxes

The Federal Reserve of New York found that nearly half of service firms and manufacturers anticipated raising prices as a result of tariffs.

Fortune

Microsoft’s Brad Smith on U.S. AI policy: ‘Regulation without transparent or complete rules’

Microsoft President says companies need clear AI policy rules in order to plan

Fortune

$5 billion CEO says he doesn't just call references—he also secretly hunts down managers you didn't list to ask about your personality

Job seekers be warned: this CEO tracks down the managers you conveniently left off your reference list to find out what your personality is really like.

Fortune

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Elon Musk's judge has ‘significant misgivings’ about $1.5 million Twitter settlement—but approves it anyway

“This is not to say this settlement is run-of-the-mill,” Judge Sparkle L. Sooknanan wrote.

Fortune

'Failures happen during construction': Office-to-residential conversions are all over NYC, but failures usually get fixed before they get worse

An engineer says the failed columns at the former Pfizer HQ have nothing to do with steel material quality.

Fortune

Labor force participation falls to 61.5%, the lowest in 50 years outside COVID, and economists say it's not just people giving up

Although AI and tech innovation is blamed for that drop, it has more to do with the lack of supply relative to the number of jobs that are available.

Fortune

Kevin Warsh buried an unusual, unhedged promise in his first Fed minutes—and one economist says it's the strongest signal in the document

A former Fed economist says one unhedged sentence in Warsh's shortest-ever statement reveals more than the "family fight" minutes themselves.

Fortune

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Amazon’s $25 billion ‘surprise’ bond sale dangled extra yield to lure in buyers—and flashed a warning sign about the AI boom

Hyperscalers have sold an estimated $194 billion in AI-related bonds this year, and widening spreads on Amazon’s latest bond issuance show the market wants tech giants to pony up.

Fortune

Bezos' Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters

Bezos ramps up his rivalry with Elon Musk over space with the move, letting in institutional investors right as SpaceX stumbles in public markets

Fortune

New York's congestion pricing shaved a minute off ambulance response times

Ambulances were 6% faster when traveling through the congestion pricing zone, bringing people to care all the faster in an arena when every second counts.

Fortune

Cathie Wood just bought the SpaceX dip again—and dumped Alibaba to do it

ARK rolled out of Chinese tech to add to Elon Musk's newly public rocket company, doubling down on a bet it says could be worth $3.1 trillion.

Fortune

How Qualcomm's CIO is placing big bets on AI to support the chip company's diversification push

Qualcomm CIO Atilla Tinic says more internal usage of AI can support the semiconductor company's diversification efforts.

Fortune

Exclusive: Fi is bringing Starlink satellite technology to dog collars

Fi is launching the first pet tracker powered by SpaceX's direct-to-cell satellites, bringing satellite connectivity to consumer pet tech.

Fortune

The billionaires' 'summer camp' that media moguls built is now run by the tech titans trying to replace them

Allen & Co.'s secretive Idaho retreat built its name on media mega-deals. The 2026 guest list shows who holds the power now.

Fortune

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Mining CEO worth $24 billion nearly drowned and had to break his own leg in freak hiking accident—he used the recovery time to go back to school

"I realized that a) I was on my own, b) I was drowning, and c) I'd been there for a little while because there were no ripples in the water," Forrest recalled.

Fortune

Anduril’s billionaire founder warns U.S. colleges are falling behind China—where students are learning AI. And it’s already ‘hollowed out’ companies

Palmer Luckey, a college dropout turned billionaire entrepreneur, says while America teaches kids to dream big, China is teaching them to actually build.

Fortune

This CEO pays $1.7 million a year so employees can live in one of America’s most expensive neighborhoods

Rilla CEO Sebastian Jimenez spends around $37,000 annually on each of his 120 workers—and soon, they’ll get to enjoy an office gym and cold plunge.

Fortune

Thousands wrote to the SEC about quarterly reporting. A detailed letter came from Exxon’s CFO

Among thousands of public comments to the SEC, a small group of CFOs offered competing views on reporting frequency and disclosure burdens.

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Fortune

Current price of oil as of July 8, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

Famed investor Jeremy Grantham says history will end up laughing at SpaceX, the 'craziest IPO in the history of man' that just joined the Nasdaq 100

"It will be amazing, by the way, if it doesn’t collapse," Grantham said.

Fortune

The 38-point framework two VCs use to spot the next unicorn founder

18 unicorns in, this VC couple says the secret is finding 'monsters,' not resumes.

Fortune

Iran strikes 85 U.S. military sites in the Gulf, sparking a global selloff in stocks and a spike in the price of oil

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

Fortune

AI is about to disrupt millions of jobs. A century ago, America's answer was to build a new high school

AI is rewriting the rules of work. America's high schools are still teaching the old ones.

Fortune

Unilever's big World Cup bet is all about building 'desire at scale'

Also: All the news and watercooler chat from Fortune.

Fortune

Nomagic AI lab led by former Google DeepMind researcher claims success with 'AI brain' for robots

Nomagic says the company's new 'vision-language-action' model cut robot errors requiring human intervention in half at logistics customers.

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