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The Latest Breaking News from Fortune

Trump touts tariffs as a budget fix. But the brutal truth is ‘they’re very weak’ and barely dent the $39 trillion national debt

An international tax policy expert told Fortune any form of tariff fails to “move the needle one way or the other.”

Fortune

'Usually everybody loves money': Trump's FDA chief to start giving bonuses for faster drug reviews

The FDA lost about 20% of its workforce after Trump took office last year. Now it wants to shrink approvals from as long as 29 months to as low as six.

Fortune

Why women’s earnings plateau in their 30s while men’s just keep growing through their 40s: It's not just motherhood

She enters the workforce at a disadvantage. By the time she turns 35, it's something structural and the numbers make it impossible to look away.

Fortune

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Asia faces an energy shock from the Iran war and a closed Strait of Hormuz, as governments halt exports and draw down stockpiles

Asian countries like China, Korea and Japan have tried to diversify their energy imports, yet they still depend on oil and gas from the Middle East.

Fortune

The Pentagon is committing $150M to a maritime-tech VC fund and appears to be ramping up venture deals

The Department of Defense, which has now backed more than 23 funds, hadn’t announced any new commitments over the past year.

Fortune

‘The ideal number of human employees inside of any company is zero’: Why AI gives company owners what they think they want

“The major transition here is they don’t want to be paying those humans,” Daniel Miessler said. “They actually never did.”

Fortune

The Iran war is giving rise to a centuries-old economic theory—and laying waste to the WTO-based world order

Also: All the news and watercooler chat from Fortune.

Fortune

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Vinod Khosla thinks future presidential candidates should run on removing income tax for those making less than $100,000

The venture capitalist also wants to get rid of capital gains and treat all income as ordinary income to make up for the deficit.

Fortune

Why Leopold Aschenbrenner’s AI hedge fund is betting big on power companies and Bitcoin miners to fuel the AI boom

New filings show how the former OpenAI researcher is translating his AGI thesis into billions of dollars of bets on electricity, AI infrastructure, and Bitcoin mining companies.

Fortune

Exclusive: Venture giant a16z crypto targeting around $2 billion for its fifth fund amid blockchain market downturn, sources say

The Chris Dixon-led outfit is planning to close the fundraise in the first half of 2026.

Fortune

This 'retirement nerd' at the uber-liberal New School teamed with Trump’s economy guru to reinvent the 401(k)

Teresa Ghilarducci told Fortune that Trump is a “quirky, bold leader," but admits that if she was younger, she'd have "ideological, righteous concerns."

Fortune

Trump’s $175 billion illegal tariff revenue is now accruing interest, and refund delays could be costing American taxpayers $700 million a month

“Consumers will be the biggest losers here,” a Cato Institute economist told Fortune.

Fortune

The average American teacher makes $72,000, but one in three are so broke they’re taking on side hustles like Uber driving

Teaching is seen as an AI-proof career by Gen Z—but with the American Dream becoming more out of reach, educators have turned to second jobs to make ends meet.

Fortune

Nearing Retirement? 5 Takeaways on Social Security, Medicare and 401(k)s From Trump’s State of the Union

Nearing retirement? Key takeaways on Social Security, Medicare, and 401(k)s from Trump's State of the Union and what they could mean for your finances.

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Fortune

The U.S. has shown China and Russia ‘who really is a military power,’ says Trump’s ex–commerce secretary. Don’t expect them to get involved in Iran

Speaking exclusively with Fortune, Wilbur Ross said the Iran war “is going at least as well as anyone could have hoped,” and that he is “intrigued” that China and Russia have not intervened.

Fortune

The French AI startup gunning for Workday, Oracle, and SAP

Fortune has exclusively learned that Eléonore Crespo’s Pigment is approaching $100 million in ARR, having doubled ARR for a third consecutive year.

Fortune

Famed investor Vinod Khosla predicts free AI labor will lead to an era of few jobs and great abundance

Also: All the news and watercooler chat from Fortune.

Fortune

Trump promised lower drug prices. Here's how Congress virtually guaranteed the opposite

Mark Cuban says we wouldn't pay for potato chips like this. Congress is complicating things even more.

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Fortune

U.S. oil and gas exporters profit from the Iran war, but they can’t begin to fill the supply gap as global prices spike

Energy prices continue to spike, but a worst-case scenario has yet to unfold.

Fortune

Trump’s strike on Iran and the new breed of AI wars mean bombs can drop faster than the speed of thought

AI has made battlefield decision-making faster. But it also raises questions about risk and ethics.

Fortune

Cities join Amazon in ending their partnership with license-plate reader Flock following Super Bowl Ad. ‘Your privacy is totally fine,’ says Ring CEO

"It was a shame" that people reacted that way to Ring's Super Bowl ad, says Ring CEO Jamie Siminoff. The company won't use Flock, but the reaction means people want safer neighborhoods.

Fortune

$15 billion of the insurance industry is at risk from AI, BofA says

BofA accused the insurance industry of clogging its ranks with tons of unnecessary salespeople, with a “snowball effect” about to start happening.

Fortune

Why the stock market thinks the Iran war will last 4 weeks, according to Goldman's head of oil research

The market is pricing in about a month of action in the Middle East, but experts warn triple-digit oil prices could become reality if war lasts even longer.

Fortune

Visa to expand card partnership with Stripe’s Bridge to over 100 countries

The two firms previously launched stablecoin-backed cards for 18 countries in April.

Fortune

The Iran war could accelerate the rise of the 'poly-national' company

Also: All the news and watercooler chat from Fortune.

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