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The Latest Breaking News from Fortune

China has quietly got Trump by the soybeans

Trump and Xi have slashed tariffs on $30 billion worth of goods on each side, but not the soybeans that Iowa farmers depend on

Fortune · Sep 28

AI companies must watch out for freeloaders burning tokens for free—and wrecking margins one sign-up at a time

In token economics, every prompt has a price. So who pays?

Fortune · Sep 28

'Unsettling to American partners': Trump’s offer to sell arms to China is an admission he doesn’t take its security threats seriously, experts warn

While the White House denied there are plans for one, an arms sale would completely undermine U.S. efforts to keep China from becoming a superpower, according to policy experts.

Fortune · Sep 28

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Saudi Arabia is reaping a massive oil windfall, making it perhaps the Iran war’s only winner. Tehran’s proxies actually ‘did Saudi a favor’

“Folks, at this point in time, any exports Saudi achieves via the Red Sea is just icing on their $100/barrel cake.”

Fortune · Sep 28

Europe cashes in as U.S. science and tech exodus gathers pace

As U.S. research funding comes under pressure, European companies and institutions are seeking to court America’s top STEM talent.

Fortune · Sep 28

Current price of oil as of Sept. 28, 2026

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

Fortune · Sep 28

Billionaire David Rubenstein tells young workers to learn how to read and write in the AI era: ‘Learn how to speak effectively and persuasively’

The Carlyle cofounder says the core skills of reading and writing have made people “successful over the last several thousand years,” and will never change.

Fortune · Sep 28

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Elon Musk says money might ‘not even matter’ in the future—but tells Gen Z to study arts, sciences, and engineering to know what to ask AI and robots

The billionaire Tesla and SpaceX CEO says humanoid robots will usher in an “age of abundance”—and advises young people to embrace broad learning to better work with AI.

Fortune · Sep 28

The crypto pirates have become the Navy. Now what?

The crypto industry has gotten deeply immersed in the ways of Washington, D.C.—raising questions about what it really stands for.

Fortune · Sep 28

Bank of America wants AI to do treasury's grunt work

As AI takes over the manual side of treasury work, the job is shifting toward analysis, oversight, and judgment.

Fortune · Sep 28

OpenAI is facing a communications challenge—without a communications chief

OpenAI has operated without a chief communications officer for nine months.

Fortune · Sep 28

Here's what the AI-native org chart could look like

Instead of showing who reports to whom, the org chart of the future could track system access, spending authority, and where AI agents fit in.

Fortune · Sep 28

How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia

Ethan Thornton launched Mach Industries at 19. Three years later, the startup is raising hundreds of millions and manufacturing autonomous defense systems.

Fortune · Sep 28

The economist who coined the phrase 'Magnificent 7' says the very thing that made them extraordinary is under threat

“Let’s not forget that the Mag Seven, the hyperscalers, whatever you want to call them, part of the reason to say they’re magnificent is because they made magnificent amounts of cash and didn’t spend any of it.”

Fortune · Sep 28

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Fortune · Sep 28

Memo smearing Amodei circulated in White House before Anthropic CEO’s dinner with President Trump

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

Fortune · Sep 28

Why the U.S.-China thaw is harder than it looks

Also: All the news and watercooler chat from Fortune.

Fortune · Sep 28

U.K.'s AI lead calls for countries to ‘harden and build defenses’ in response to AI risks

After warnings of an extinction-level event, Kaniskha Narayan, minister for artificial intelligence, wants the U.K. to take a lead on addressing the technology's threats.

Fortune · Sep 28

The U.S.-China relationship is on ‘tactical autopilot’ after the Xi-Trump summit. Maybe that’s not so bad

The two countries keep pulling apart, but a summit short on substance suggests that Beijing and Washington want stabilization, not a clean break.

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news in one place.

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Fortune · Sep 28

Airbnb CEO Brian Chesky says he spends three hours a day on recruitment—and if his hiring managers don't like his input, he tells them to leave

'I probably spend three hours a day recruiting,' Airbnb CEO Brian Chesky says. And he admits he stole the idea from his friend, ChatGPT boss Sam Altman.

Fortune · Sep 28

Your 401(k) is funding the AI boom. Here’s what that means for your retirement

The passive-investing revolution was supposed to spread risk. Instead, it has tied millions of workers’ nest eggs ever more tightly to the fortunes of Big Tech.

Fortune · Sep 27

The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus

The legal channel the administration is using to seize the tankers is known as prize law and has its roots in the Middle Ages.

Fortune · Sep 27

Thinking about buying stocks instead of a home as mortgage rates top 7%? The S&P 500 has blown away the housing market over the past decade

"Buying a home also bundles two very important, but very different, decisions: where to live, and how to invest a large chunk of your life savings."

Fortune · Sep 27

The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or risk getting sucked into a debt spiral

"With interest rates on new Treasury bonds and notes at around 5% and medium-term nominal economic growth expected to be closer to 4%, the U.S. is entering a debt spiral."

Fortune · Sep 27

Boomers are setting up a showdown with millennials, aging in place and plunking down hundreds of thousands on renovating those homes

Millennials need homes, but because of high home prices and mortgage rates, baby boomers have little reason to sell.

Fortune · Sep 27

Ex-Meta exec says Mark Zuckerberg taught him a lesson in work-life balance: Now he has strict rules for meetings and emails at his $1 billion tax firm

After years at Meta, Martin Ott learned from Mark Zuckerberg working smarter beats working longer: “It is making sure that you’re not about 24/7 constant on, but being deliberate.”

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