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The Latest Breaking News from Fortune

Inflation is back above 4% for the first time since 2023—but Kevin Warsh might catch a break

Core inflation stayed tame, easing hawkish worries at the Fed.

Fortune

Current price of oil as of June 10, 2026

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

Fortune

Finance teams can't quit Excel. Workday wants to change that with AI

As AI reshapes financial planning, Workday is positioning its latest platform to replace the spreadsheet sprawl that's long plagued FP&A teams.

Fortune

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Mastercard launches protocol to let AI agents pay each other, send micropayments

Agent Pay for Machines is one of a slew of recent attempts from big companies to build payment networks optimized for AI.

Fortune

‘The circulatory system is not working.’ Goldman on what’s really wrong with private markets

Goldman Sachs’ top private markets executives say the industry has reached a structural inflection point—not a crisis. Not everyone agrees.

Fortune

Jamie Laing thinks tomorrow's Fortune 500 will be built by creators. He might be right

Creator-led brands have been easy to dismiss as novelties built on borrowed fame. But their cultural fluency, agility and proximity to consumers make them better equipped to build lasting businesses, argues Candy Kittens co-founder and reality star Jamie Laing.

Fortune

AI drug discovery leaders warn U.S. health funding cuts risk falling behind global rivals

Executives from Lila Sciences and NVIDIA told Fortune that the convergence of AI and biology could redefine global competitiveness for decades.

Fortune

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U.S. emergency oil supplies are lower now than at any time since Reagan—and heading toward panic levels

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

Fortune

A ‘MAGA Warrior’ Texas ag chief is publicly blasting the USDA over a flesh-eating pest threatening America's beef supply

The flesh-eating New World screwworm fly was found in Texas last week for the first time since 1966.

Fortune

From the Trump administration to Kevin O’Leary, there’s a new narrative that China is to blame for plummeting data center popularity

“China is a common and comfortable boogeyman in American politics, for right or for wrong,” one political scientist told Fortune.

Fortune

Health care's AI dividend is real. The fight now is over who reaps the gains

Also: All the news and watercooler chat from Fortune.

Fortune

Saudi economy redraws ambitions—‘going local’ is the new buzz phrase

After a decade of dizzying investments, Saudi Arabia is now focused on domestic priorities.

Fortune

America’s emergency oil reserve is about to hit its lowest level since Reagan was in office

The Trump administration has drained 66 million barrels from the SPR since the war in Iran began.

Fortune

Visa’s CFO views stablecoins and AI commerce as a long-term bet: ‘They won’t pay off in the next six months, but could over the next six years’

“I’m hesitant to lean into the stablecoin and agentic commerce narratives too much,” Chris Suh, Visa’s chief financial officer, tells Fortune.

Fortune

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A $7 billion horse race: Goldman Sachs and Morgan Stanley battle to lead OpenAI and Anthropic IPOs

Only one bank can occupy the coveted lead underwriter position for this year's hottest AI IPOs.

Fortune

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45.

The Wonder founder is automating fast-casual food with machines that make salad and poke bowls, sauces, and eventually drinks but there are few roles for humans in these kitchens.

Fortune

Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim

After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP.

Fortune

Wall Street dumped nearly $1 trillion in tech stocks by midday—then bought peanut butter and paint

A midday rout in the “Parabolic 7” chipmakers reversed by the close as money fled into the market’s dullest corners.

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Hyatt says AI is saving salespeople a full day of work every week

As companies move beyond AI pilots, Hyatt says the technology is delivering measurable business results.

Fortune

America’s grid is reeling. General Motors offers itself as a distributed utility in disguise

As AI data centers strain the grid, GM wants to turn its EVs and batteries into a solution. Ford has a simpler plan—and the two Detroit rivals are betting on very different futures.

Fortune

Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race

The U.S. must build much more power, storage, and better utilize the existing grid in order to keep the AI boom moving at pace, said Tesla cofounder and Redwood Materials boss JB Staubel at the Fortune Brainstorm Tech conference.

Fortune

FIFA says 'market rates' explain World Cup prices. Economists say the market was rigged by design

FIFA launched its own resale marketplace and collects 30% on every ticket resold. Economists say it was designed to extract revenue at every stage.

Fortune

Why are AI bills exploding? Sara Hooker says companies are deploying armies of agents that aren’t actually learning

After years of pursuing ever larger models, AI leaders are increasingly focused on efficiency, adaptability, and the rising cost of inference.

Fortune

‘Not an Allbirds Moment’: Xbox’s CEO says she is grounding the console in gaming roots, not AI

Since stepping into the Xbox CEO role, Asha Sharma has preached a "return of Xbox."

Fortune

BP's new CEO Meg O'Neill rips up the energy giant's playbook—and the 'green' era with it

O’Neill, who took over on April 1, is the only woman to serve as CEO of a traditional Big Oil supermajor in Europe or the U.S.

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