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The Latest Breaking News from Fortune

America's math and reading scores tanked after schools ditched textbooks for screens—and AI could worsen the brain rot

A major Brookings Institute study of more than 500 students and educators across 50 countries found the risks of AI in the classroom “overshadow its benefits.”

Ranch dressing is quietly doing America's diplomacy for it

Ranch dressing is quietly doing America's diplomacy for it

Tourists came for soccer and left obsessed with condiments. Turns out that's more persuasive than any treaty.

Looking back at the World Cup: Fans drank Boston dry, got permanent tattoos, sold out famous BBQ joints, and drove up small business revenue

Looking back at the World Cup: Fans drank Boston dry, got permanent tattoos, sold out famous BBQ joints, and drove up small business revenue

From permanent tattoos and drinking Boston dry, to a bar doing nearly 300% of weekly business in one night, the World Cup is helping small businesses.

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Beyond rockets and satellites, SpaceX is quietly building an AI compute business that may become key to its eye-popping valuation

Deals with Google and Anthropic to rent out computing capacity could generate $26 billion a year.

Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say

Real estate experts tell Fortune those making a middle-class salary are better off renting than buying with fewer affordable homes in the Miami market.

A weak yen turned Tokyo into a steal. A strong shekel turned Tel Aviv into the world's most expensive city to buy McDonald's

A new Deutsche Bank report highlights how defense spending bolstered the shekel and a weak yen helped Japan have the cheapest iPhones in the world.

Gen X built their whole identity on never needing help. Retirement is the one door they can't unlock alone

I'm a latchkey kid myself and I know from personal experience that "one more year" is never really about the money — it's about who you are without a job.

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Ginsburg and Biden’s blind spot: when leaders don’t know when to leave

Ginsburg and Biden’s blind spot: when leaders don’t know when to leave

George Washington believed it too, then walked away twice. Ginsburg and Biden believed it, and didn't.

'Right to repair' is coming to cars, but there's still this big blind spot as consumers demand more autonomy

'Right to repair' is coming to cars, but there's still this big blind spot as consumers demand more autonomy

Automotive technology has boomed in recent years, but owner autonomy has not grown alongside it.

Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’

Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’

As Red Lobster rebounds from its “endless shrimp” bankruptcy, CEO Damola Adamolekun shares lessons from waiting tables and meeting Warren Buffett.

How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight

How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight

Fuel costs and flight prices are rising, but United's second-quarter earnings show passengers aren't pushing back.

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

"Essentially, the government is going to take over some fraction of the big tech firms."

Iran just crossed Trump's red line for resuming all-out war as fighting continues to escalate with no end in sight

Iran just crossed Trump's red line for resuming all-out war as fighting continues to escalate with no end in sight

"The collapse of even this minimal understanding could remove the last barrier between episodic confrontation and a forever war."

A massive margin call and 'push-button liquidity' have torched stocks, but they're now poised to rebound, top Wall Street forecaster says

A massive margin call and 'push-button liquidity' have torched stocks, but they're now poised to rebound, top Wall Street forecaster says

"I think those names are going to bounce later this year. So I don't think that the trade is over."

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It’s time to dump time zones

Wall Street already runs on Coordinated Universal Time. So why not the rest of the country?

Goldman Sachs CEO says he’d hire someone ‘smart enough’ over the smartest person in the world because ultimately experience trumps brains

Relying on book smarts over real-life expertise won’t get one hired at the $337 billion bank, says Goldman Sachs boss David Solomon.

U.S. soccer star Landon Donovan was raised by a single mom and said he wouldn’t break though today because youth sports have gotten too expensive

“That's not a good system to create good players,” Donovan, a three-time FIFA World Cup participant, said. “How do you create good players by doing that? You can't.”

'I’m an example of what I’ve preached': Dan Ives knows AI has a 'PR problem' but it led to his massive career change after 25 years on Wall Street

"We're going to look back on this period," the co-founder of Yorkville Ives told Fortune, "and realize this is building the Vegas Strip in 1955."

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Peter Thiel just gave the public its closest look yet at his 'Antichrist' theory—and it's a tech and climate regulator

"The Antichrist interests me for several reasons," Thiel writes, "mostly because nobody else is talking about it."

Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI

America's labor force will shrink by 6 million workers by 2032. If you're worried about AI taking your job, you're worrying about the wrong thing.

Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran

The global energy trade is likely changed forever by the outcome of the Iran war.

SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: 'Paving the superhighway to the stars'

A wave of wildly bullish price targets from Wall Street's SpaceX underwriters arrived just before the stock fell—raising questions about how much analysts really know.

The World Cup’s massive audience is creating a payday for cybercriminals

Fans looking to avoid paying for World Cup broadcasts are fueling a booming black market for stolen streaming accounts worth nearly $220 million, according to new research from HUMAN Security.

After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others

Trump’s tariff program has gone from generating billions to forcing billions in refunds thanks to February's Supreme Court ruling.

So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

Increasingly, the founders and heads of companies like Home Depot, Walmart and LVMH are entering the sports world. There's a good reason for that.

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