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The Latest Breaking News from Fortune

Oil prices soar past $110 while Dow futures sink 1,000 points as Iran war spirals into worst-case fears and U.S. eyes special forces mission

Prices at the pump are likely to top $4 a gallon now that oil has surged past $100 a barrel for the first time since 2022.

Fortune

Asia’s family offices and corporations must step up to replace a cash-strapped UN and fill the SDG funding gap

Asia is going to have to find a new source of funding. The answer will have to come from those with money: Asia's corporations, and Asia's wealthy.

Fortune

Here's why childcare is getting more unaffordable and forcing families to make 'heartbreaking choices'

"When these costs rise without a simultaneous increase in public funding to fill the gap, programs are faced with difficult decisions."

Fortune

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San Francisco cheers its native Chinese Olympian Eileen Gu, who headlines parade for the Year of the Fire Horse

San Francisco rang in the Year of the Fire Horse with its annual Chinese New Year parade Saturday evening, with thousands of revelers cheering on hometown hero and Olympic champion Eileen Gu as its grand marshal. The procession featured drums, dancing and floats celebrating the vibrancy of the Chinese American…

Fortune

'Nightmare scenario' looms as global markets head for the biggest oil output disruption in history, top energy guru warns

"The fear? That this will result in skyrocketing energy prices that send the world economy plummeting into a deep recession."

Fortune

To justify a $1.5 trillion market cap after its IPO, SpaceX would need to earn more than Berkshire Hathaway. Today, it earns zero.

The real moonshoot? Hitting the financial targets it would take to justify the market cap Elon Musk has been musing about.

Fortune

From thyroid cancer to 40‑hour fasts: Inside Daymond John’s obsession with biohacking and living longer

The Shark Tank star does cold plunges, red-light therapy, special experimental blood‑filtration treatments, and hyperbaric oxygen sessions to live longer.

Fortune

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AI will hurt the economy before it helps it. Here's what comes after, according to Nobel laureate Joseph Stiglitz

The short-term pain is real and we are not ready for it. The long-term picture, Stiglitz argues, is something else entirely.

Fortune

Asana’s new CEO says getting a job in Silicon Valley isn’t harder for Gen Z than it was for him—he shares his own ‘donut box’ hack for getting hired

Exclusive: Gen Z is resorting to donut-box résumés, cold emails, and viral stunts to break into tech—but Dan Rogers, the new CEO of the $1.8 billion workflow software company Asana, says the real hack is slower and far less flashy

Fortune

Bidding for a Taylor Swift ticket or to cut the line at DisneyWorld? Maybe you're in a 'hidden market'

"It would be weird" if your restaurant reservation were sold to the highest bidder, but somehow a tier on a booking app is accepted, says Judd Kessler.

Fortune

This AI founder who quit her 9-to-5 law job has a warning for anyone dreaming of doing the same: 'I'm working harder now than I ever did'

Logan Brown, founder of AI-powered legal firm Soxton, says her work-life balance and pay are even worse as a founder, but she’s still “having the time of my life.”

Fortune

Forget the U.S. Navy, the best protection for ships traveling through the Strait of Hormuz may be claiming to be a 'Chinese' or 'Muslim' vessel

Most ships in the U.S. Navy's fleet are in port or in maintenance and training, with less than a fifth of the force at sea for operations, according to CSIS.

Fortune

Top Pentagon official recalls the 'whoa moment' when defense leaders realized how indispensable Anthropic is and saw the risk of losing access

"I'm not biased," Michael said. "I just I want all of them. I want to give them all the same exact terms because I need redundancy."

Fortune

Peter Thiel warned AI is coming for 'math people before word people.' Banks have already said smaller headcounts are possible

Last month, Block announced a 40% cut to its headcount, or about 4,000 jobs, and cited AI models as a top reason.

Fortune

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Fortune

OpenAI robotics leader resigns over concerns about surveillance and autonomous weapons amid Pentagon contract

A senior OpenAI robotics leader says she left over concerns about surveillance and autonomous weapons as the company expands its work with the Pentagon.

Fortune

Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead

Gen Z is increasingly slamming their degrees as useless, and new research indicates there may be some truth when it comes to the job hunt.

Fortune

Gen Alpha's economic influence is 'enormous'—From side hustles and bankrolling from their parents, they've surpassed $100 billion in spending power

“This generation has more spending money than you'd think,” DKC President Matthew Traub said.

Fortune

Chatbots are 'constantly validating everything' even when you're suicidal. New research measures how dangerous AI psychosis really is

It's free, easy to use, doesn't have a stigma around it, and makes you feel better. Researchers and experts warn that's the problem with chatbots.

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news in one place.

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Fortune

I've been advising wealthy family offices on real estate for decades. This market requires another look at your 100-year plan

This unusually turbulent moment may be the perfect time for family offices to look at their plans again, for the next 100 years.

Fortune

Ring is one of the largest companies ever to come out of Shark Tank. Its CEO says he prepared for his pitch like an Olympic athlete

Jamie Siminoff’s Olympic-level prep turned a rejected offer into a $1 billion exit.

Fortune

‘Society needs radical restructuring': AI seems to hate 'the grind' of hard work as much as you

Economists from the “Twitter-Substack brotherhood” said their results suggests a deep connection to Marxist rhetoric.

Fortune

Meet the quiet winners of the Supreme Court tariff ruling: hedge funds creating a $100 billion market snapping up rights to importers’ tariff refunds

The market gained attention following allegations Brandon Lutnick, the son of Commerce Secretary Howard Lutnick, participated in the otherwise legal trade with conflicts of interest.

Fortune

Trump's former Surgeon General: voters widely support vaccine access and want Washington to focus elsewhere

Nearly two-thirds of Republicans worry that the government is making vaccine policy decisions based on political considerations. I'm alarmed.

Fortune

Google, Meta, and Oracle are on a $1 trillion borrowing spree and there will be 'winners and losers in this environment,' bond fund manager says

Alphabet, Amazon, Meta, Microsoft, and Oracle are spending billions to fund the AI buildout—but overinvestment risk means there will be “winners and losers,” said Pimco’s chief investment officer.

Fortune

Gen Z is hacking the exorbitant costs of live events by ditching Coachella and opting for something actually affordable. Meet Breakaway

Breakaway Music Festival tickets can cost as little as $40 for a college student, but pack the same punch as other festivals with major artists like Kygo and Tiesto.

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