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The Latest Breaking News from Fortune

AI’s free-for-all phase may be coming to an end—as companies start counting the cost

Executives at VivaTech say the rush to deploy AI is giving way to tighter controls, a shift to cheaper models, and a growing focus on what actually delivers returns.

Fortune

Dario Amodei has only 1 direct report, his chief of staff—and everyone else reports to his sister: ‘It’s incredibly freeing’

As $965 billion Anthropic prepares for an IPO, the AI firm’s CEO, Dario Amodei, admits he’s been managing only one person—and passing the rest to his sister.

Fortune

Exclusive: Arizona senator warns ‘ghost jobs’ are warping labor data, presses Trump admin to investigate

Sen. Ruben Gallego sent letters outlining his concerns on Thursday to the Department of Labor and Federal Trade Commission.

Fortune

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Google DeepMind has a plan to protect itself from its own rogue AI agents

For years, AI safety research focused on “alignment.” The Google DeepMind road map assumes some AI agents may go rogue, and focuses on monitoring and access control.

Fortune

Current price of oil as of June 18, 2026

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

Fortune

The next-generation 'Tiger Cubs' who see the AI bubble risk — and know exactly where the next trade is

Maverick Capital's co-CIOs Ben Silver and David Tykocinski have spent four years quietly outperforming their peers.

Fortune

We’ve now got the full text of the U.S.-Iran peace deal—and allies are appalled at the gains it hands to Iran

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

Fortune

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A $5.6 billion valuation and rapid global expansion—this AI European scaler even threw in a free Jude Law

Legora’s AI is shaking up the legal profession, while its Jude Law–fronted ad campaign has made law a dinner-party topic.

Fortune

Kevin Warsh’s hawkish tone: What CEOs need to know about rates today

Also: All the news and watercooler chat from Fortune.

Fortune

Whatnot is worth $11.5 billion—and its sellers just hit one billion orders

Whatnot—which in October raised a $225 million Series F, with an $11.5 billion valuation—has been in the midst of a serious growth spurt.

Fortune

A wave of CFO retirements is reshaping the Fortune 500—AT&T's Pascal Desroches is the latest

Jennifer Biry was named AT&T's next CFO, bringing a blend of telecom, tech, and operational experience.

Fortune

Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’

Anne Hathaway received the same AI-written thank you note from every candidate—and Meryl Streep said what every boss is thinking: “That’s just tragic.”

Fortune

Meet the CEO of US Polo Assn: He grew up in one of America's poorest regions and now hosts Prince William and runs a $2.7 billion brand

The U.S. Polo Assn. CEO studied accounting when millennials and boomers were abandoning it—and it opened the door to a $2.7 billion career in luxury fashion.

Fortune

Inside Europe's most innovative companies 2026

From semiconductors powering the AI boom to 360-year-old manufacturers adapting to the green economy,  here are the organizations driving the European economy forward.

Fortune

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Fortune

Kevin Warsh showed that he’s decisively not Trump’s ‘sock puppet’—and markets didn’t like it

“That was hawkish Kevin talking,” according to “the Fed whisperer,” Jon Hilsenrath.

Fortune

The G7 just pledged to break China's rare earth grip — there’s a lot of work to do

Seven of the world's largest economies want to cap China's rare earth dominance at 60% by 2030. Experts say "it's definitely a bold target."

Fortune

How surging gold prices led to the biggest jump on this year's Southeast Asia 500

Surging gold prices helped lift Indonesia's Hartadinata Abadi up 115 places on the Southeast Asia 500, as investors flocked to the safe haven asset.

Fortune

Vanguard's alarming state of retirement in 2026: The average American has $167,970 in their account—or they have $44,115

It depends on who you ask—and who you are.

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Fortune

The affordability crisis is so bad that, for the first time ever, both mom and dad are working full-time in most American families

A new study from Pew Research found that more heterosexual parents are holding full time jobs, even as they're expected to be more involved at home.

Fortune

PayPal mafia member and ex–Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades

Roelof Botha, who spent more than two decades at VC firm Sequoia Capital, first worked with Elon Musk at PayPal.

Fortune

Biden's flip-flopping on student loan promises made borrowers increase discretionary spending, and were 7.5% more likely to default as a result

When the government hints at doing something big, like canceling student loans, people start acting as if it's already happened, even if it's not guaranteed.

Fortune

Kevin Warsh's first Fed meeting sees rates hold steady and makes outright promise to deliver price stability—but don't expect many details on when

The Federal Open Market Committee (FOMC) held rates steady at the first meeting chaired by Kevin Warsh.

Fortune

Tokens are getting cheaper, but companies are spending even more on AI as a result, top economist warns

Tokenmaxxing may be over, but experts still have concerns about ballooning AI spend.

Fortune

‘AI is going to create a labor shortage’: Jeff Bezos sees more jobs being created in the new economy, not less

The Amazon founder bets AI will create a labor shortage, not a doomsday, as he debuts Prometheus, his $41 billion startup reengineering the physical world.

Fortune

One of the most powerful El Niños on record cost the world economy $5.7 trillion. The 2026 cycle might be even stronger

El Niño is here. Prepare for higher food prices, throttled trade, and a “systemic shock” to the world economy.

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