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The Latest Breaking News from Fortune

Why everyone is talking about Andrej Karpathy's autonomous AI research agent

Karpathy's 'autoresearch' agent did not improve its own code, but it points towards systems that could as well as towards way to conduct other kinds of autonomous scientific research

Fortune

Only 6 billionaires left California over its proposed wealth tax — but they took $27 billion in potential revenue with them

Larry Page and Sergey Brin alone account for $25 billion of that lost revenue—and billionaires are now funding a campaign to kill the tax entirely.

Fortune

Robot dogs priced at $300,000 a piece are now guarding some of the country’s biggest data centers

AI companies are turning to quadruped robots, better known as “robot dogs” for security solutions to protect their vast data centers.

Fortune

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Trump suggests postponing his key meeting with Xi Jinping by ‘a month or so,’ as Iran overtakes China on the U.S.’s agenda

Analysts say the U.S. President’s decision appears driven by the Iran conflict, and a need to manage the fallout in energy markets.

Fortune

Venezuela has the world's largest proven oil reserves, but it can’t solve for the Strait of Hormuz ‘math problem’

Venezuelan oil is a 'drop in the bucket' of the global supply shortage triggered by the Iran war.

Fortune

Boards protected CEO pay from tariffs. Now Iran could trigger round two

An exclusive analysis of 50 companies found CEOs in the lowest-performing tier still collected 87% of their target bonuses last year—and boards may start adding more comp safety nets to protect from Iran economic impact.

Fortune

S&P 500 will return just 3% a year for the next decade, top strategist warns

A $200 billion index fund strategist breaks down why U.S. large-caps will deliver one-fifth the returns of the past decade—and which markets to own instead.

Fortune

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Musk says taxing every billionaire at 100% would barely make a dent in the national debt. Bernie says tax them 5% and you're $3,000 richer

Elon Musk argues America’s $38 trillion debt is too big for billionaire taxes to fix, but Bernie Sanders says a 5% tax could at least put $3,000 back in your pocket.

Fortune

U.S. debt is competing with a record supply of corporate bonds, which is pushing up the cost of federal borrowing just as war spending piles up

Last Tuesday saw the single busiest day on record for U.S. corporate bond sales.

Fortune

‘No, we didn’t’: DOGE staffers admit Elon Musk’s cost-cutting agency failed to reduce the federal deficit

At DOGE’s inception, Musk claimed the advisory could slash $2 trillion from the U.S. federal budget.

Fortune

Trump's 'Art of the Deal' can't reopen the Strait of Hormuz — and it's threatening a recession

For four decades, Trump bent the rules, walked away from debts, and rewrote agreements midstream. The Strait of Hormuz defies the Art of the Deal.

Fortune

Betting on 5-minute swings on Bitcoin price are the hot new thing on prediction markets

As Kalshi and Polymarket balloon in popularity, so too do quick-hit bets on crypto.

Fortune

Peter Thiel's Antichrist warnings during Rome lecture draw criticisms from the Vatican

The Palantir co-founder's private lecture series has arrived in Rome, where both the Catholic Church and Italian lawmakers are pushing back on his theory that the Antichrist lurks behind AI safety efforts.

Fortune

'Blackmail is also not what I wish for': America’s allies are ghosting Trump on Strait of Hormuz

The price of oil sank Monday after Bessent said the U.S. “allowed” tankers to cross, despite the lack of assistance.

Fortune

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Fortune

Peter Thiel is actively convincing billionaires to abandon The Giving Pledge — and it may be working

In an interview with the New York Times, the PayPal cofounder called it an “Epstein-adjacent boomer club”—and says he’s talked people into quitting.

Fortune

Ray Dalio sees a pattern that shows China killing America's economy. This 2,000-year chart explains why

A Bank of America Institute analysis of 2,000 years of GDP data reframes American exceptionalism — and points toward what comes next.

Fortune

Elon Musk admits xAI 'wasn't built right' as only 2 co-founders remain and its biggest AI bet stalls out

Nine of xAI's 11 original co-founders, not including Musk, have left the company.

Fortune

There's an oil price scenario that would bring the US economy to a 'standstill;

Higher-for-longer oil prices would lead to economic spillover effects that are much harder to control.

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Fortune

Ryan Coogler was $200K in student debt and 'making no money' while filming 'Creed'—now, his $330 million success 'Sinners' took home four Oscars

"I was always 200 grand in debt for film school," the 'Creed' and 'Black Panther' director said—just before building a box-office empire worth billions.

Fortune

Meet Autumn Durald Arkapaw, the cinematographer behind 'Sinners' who shattered a major glass ceiling in Hollywood

Only three women had ever been nominated in the category before her. On Sunday night, Arkapaw finally changed that—and she credited every woman in the room.

Fortune

A 'debt spiral,' before a fiscal crisis: interest on the national debt will be growing faster than GDP in just 5 years, think tank warns

The Committee for a Responsible Federal Budget sees a critical threshold crossing by 2031—and the consequences could be nearly impossible to reverse.

Fortune

Iran's attacks have collapsed, and the trend is 'overwhelmingly positive,' analysts say. But the military side is separate from politics and markets

Iranian drone attacks on the United Arab Emirates collapsed from 332 on the second day of the war to just six on Sunday, according to the Institute for the Study of War.

Fortune

Scott Bessent just defined market panic—and accidentally diagnosed the biggest problem with AI

In a candid podcast interview, the Treasury Secretary offered the clearest definition of what actually breaks markets. It isn't falling prices.

Fortune

AI is reviving tech sectors that VCs had all but forgotten

PitchBook data shows early-stage money surging back into healthtech, cybersecurity, biotech, and SaaS.

Fortune

Despite fears of drivers losing their jobs to robotaxis, Waymo’s boss says the company will still need humans to fill technician and operator roles

Despite widespread fears of drivers losing their jobs, Waymo’s co-CEO Tekedra Mawakana says the company will still need humans to fill technician and operator roles.

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