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The Latest Breaking News from Fortune

Current price of oil as of June 29, 2026

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

Fortune

AI spending boom accelerates as Big Tech pours trillions into infrastructure

JPMorgan raised its AI capital spending forecast through 2030 as companies continue to expand AI infrastructure.

Fortune

The sell-off in Strategy's preferred stock has investors questioning everything

The Bitcoin bull said in 2025 that Strategy’s newest stock offering had no “downside,” but investors beg to differ.

Fortune

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The CEO behind Grand Theft Auto VI doesn’t play video games, but is staking $1.5 billion on the biggest game launch of the decade

“I don’t think being consumer-in-chief really helps a CEO be effective in this business,” said Take-Two Interactive Software CEO Strauss Zelnick.

Fortune

Mozilla President: meet the open source 'rebel alliance' that could break Big Tech's grip on AI

Middle powers like Canada and the EU are quietly building an alternative AI future — one that's open, accountable, and not controlled by a handful of labs.

Fortune

Why BlackRock, Nvidia, and Temasek are betting billions on quantum computing

Geopolitical competition and meaningful exits are convincing Wall Street the technology may finally be nearing its moment.

Fortune

Ray Dalio was a ‘below average’ student who got into investing by caddying for Wall Street traders: Now he hires talent who have experienced hardship

“What I find quite often is the case is that that student who did really, really well—and in remembering all the things that they’ve learned and so on—hadn’t gone through anything like that, [and] may not be the most inventive, may not be the most determined.”

Fortune

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As JPMorgan's CEO race heats up, the case for a head-to-head succession contest is put to the test

JPMorgan's CEO succession race gives a clue as to why boards still pit top contenders against each other.

Fortune

Wendy Schmidt: Three centuries of science is something to celebrate

George Washington Died Not Knowing Dinosaurs Existed. Three Centuries Later, Science Has Never Needed More Defense.

Fortune

Atomic Industries CEO: America spent 60 years retreating from manufacturing. The next 100 are about building it back

The American millennium won't arrive on its own — it has to be built, industry by industry, community by community.

Fortune

President Trump will not get what he wants from Kevin Warsh, a source tells us, as inflation will force the Fed upwards

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

Fortune

CEOs have forgotten the moderate playbook. The stakes for relearning it have never been higher

Also: All the news and watercooler chat from Fortune.

Fortune

Harvard's housing report has a darker message than affordability—the middle-class home was always a historical accident

Harvard's U.S. housing report points to an uncomfortable conclusion: homeownership is no longer something you earn. It's something you inherit.

Fortune

A former Fed colleague of Kevin Warsh on what to expect: ‘Plan for higher rates’

Esther George spent a decade dissenting in favor of tighter policy. Now, she says, Warsh may have no choice but to raise rates.

Fortune

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news in one place.

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Fortune

Markets feel relief as the U.S. and Iran agree to a ceasefire on their earlier 'ceasefire' that was looking at lot like a war over Hormuz

Sources told Axios that the U.S. and Iran agreed to halt attacks and meet in Qatar on Tuesday to resolve differences over the Strait of Hormuz.

Fortune

Social Security is headed for a day of reckoning, and Congress is running out of time to save boomers. Lawmakers are proposing some hard choices

"Why should a middle-class nurse pay a larger share of her paycheck than a wealthy corporate lawyer?"

Fortune

Iran is forcing the U.S. into an escalation trap as a 'shadow war' over the Strait of Hormuz heats up that could kill the tenuous ceasefire

"The collision course is set, and worse is yet to come."

Fortune

One in three Gen Zers is letting AI do their homebuying homework, but they still trust realtors with the closing process

More than half of prospective buyers prefer humans for legal or contractual advice.

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news in one place.

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Fortune

This CEO became 3x more productive with AI. Then she read what her daughter wrote about it at Dartmouth

As Maria Colacurcio embraced AI to transform how she works, her daughter Sofia Frei began questioning what society might lose in the process.

Fortune

David Protein CEO says ‘diet trends are over’ because of GLP-1s: ‘What’s next is really hard to predict’

About 10% of the U.S. population has used GLP-1 drugs, helping to create a projected $82 billion market this year.

Fortune

Cristiano Ronaldo is soccer's first-ever billionaire: He went from begging for burgers outside McDonald's to landing a $400 million contract

From Ronaldo’s humble beginnings to ultrawealthy status, his $1.4 billion net worth proves the world’s most-followed athlete is also a wise businessman.

Fortune

AWS CEO says replacing young employees with AI is 'one of the dumbest ideas'—and bad for business: 'At some point the whole thing explodes on itself'

Amazon laid off 14,000 employees last fall, but CEO Andy Jassy denied the reductions were related to AI.

Fortune

Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO

$7.2 billion AI founder Arvind Jain ‘observed’ Sundar Pichai at Google for years before he became CEO—he learned you need to ‘think crazy’ to be successful

Fortune

Anthropic’s Alibaba fight raises a trillion-dollar question for IPO: How defensible is a frontier AI moat against China with Washington's toolbox?

The clash over Claude could test Anthropic’s valuation by exposing how hard it is to protect frontier AI models after extraction.

Fortune

Anthony Scaramucci on America 250: where have you gone, Joe DiMaggio?

We split into one camp that flatters the country past all reason and another that despises it past all fairness. Both have abandoned what we used to know.

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