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The Latest Breaking News from Fortune

Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase

Despite earning millions and being a "grown" man, NBA’s Jalen Brunson said he isn't above asking his parents for a second opinion on big purchases.

Fortune

Kalshi's 'chronically online' war room figured out World Cup virality — and realized AI might be bringing back the monoculture

Here's how a 20-person team turned the World Cup into a $24 billion trading moment, and discovered something unexpected about what AI is doing to culture.

Fortune

'We all failed': Former Disney CEO Michael Eisner on Hollywood, video games and the big question of IP

At a panel in New York, Eisner said he went from thinking sequels were overrated to the Lucasfilm masterstroke, before Disney "overstepped its bounds."

Fortune

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The CEO who fired HR was right. About the wrong thing.

Ryan Breslow eliminated Bolt's people function, then had to staff a "people ops" team to do the same job.

Fortune

What I keep hearing from Fortune 500 CEOs: 'We have no idea what we’re actually paying for power'

One CFO told me they missed their quarterly earnings per share (EPS) target because of a single regional utility's price change.

Fortune

Jersey Mike’s tests how far investors will stretch on restaurant IPO valuations

Jersey Mike’s is aiming for a near-$8 billion listing, testing investors’ appetite for franchise-driven growth.

Fortune

SkyPilot, from Databricks' cofounder, raises $20M to be the Switzerland of AI compute

Backed by Lux Capital, SkyPilot helps customers use GPUs wherever they're available.

Fortune

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Jamie Dimon wouldn't be putting more of his own money in the long end of the bond market right now, thanks to $39 trillion national debt fears

"These are very high debt numbers ... Usually you have to have like a great recession or a depression to have or war to have numbers like that," Dimon said.

Fortune

Current price of oil as of July 21, 2026

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

Fortune

Iran calls for ‘full-scale war’ but behind the scenes there’s a peace proposal that might reopen the Strait of Hormuz—if Trump can stomach it

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

Fortune

Money talks: As the Iran war continues, Hormuz tolls gain traction

With missiles replacing merchant ships in the Strait of Hormuz, activity in the world's most critical energy corridor is grinding to a halt—and a controversial proposal to charge for safe passage is gaining traction.

Fortune

Alliance for America’s Skilled Trades: Skilled trades shaped America's past. Here's how they can build America's future

Ford, Carhartt, BlackRock and Google have created the Alliance for America’s Skilled Trades, as 2.1 million jobs could go unfilled by 2030.

Fortune

Exclusive: KPMG and OpenAI bet the future of software is 'headless' — and the future of work is mostly talking

"You're going to be talking more than you're typing," KPMG U.S. TMT leader Chad Seiler told Fortune about the future of work.

Fortune

Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario”

From shipping lane to battleground: Hormuz crisis forces industry rethink.

Fortune

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Fortune

United Airlines' growth strategy is all about selling customers a better version of what they already buy

Also: All the news and watercooler chat from Fortune.

Fortune

Jersey Mike's IPO valuation could reach eight times Sweetgreen's market cap

Jersey Mike’s is targeting a valuation that would rank among the largest recent restaurant IPOs, highlighting the premium investors are placing on fast-growing, asset-light franchise businesses.

Fortune

FIFA’s $15 billion World Cup payday shows commercialization is the real tournament champion

FIFA’s expanded 48-team tournament brought about record TV audiences and packed stadiums.

Fortune

$5 billion tech CEO says unemployed Gen Z should be out 3 days a week building their network: ‘Sometimes those jobs you want, they're never published’

$5 billion Netskope CEO says the secret to landing a job these days isn't just a perfect résumé—it's showing up to enough dinners and networking events.

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Fortune

LaLiga president says tech is already making the fan experience better, and it could solve football's money problem too

This year's World Cup has been technified, but it's time for other soccer leagues to catch up and bring it to their domestic clubs.

Fortune

Hugging Face says it resorted to a Chinese AI model to battle a fully autonomous cyberattack because U.S. model guardrails hampered its defense

Hugging Face experienced one of the first document autonomous AI cyber attacks. It said American models were not up to the task of defending it, while GLM 5.2 from China's Z.ai saved the day.

Fortune

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

“I would like to see it so that every single CEO/founder/entrepreneur does what I did, which was to give equity to every single employee," Cuban said.

Fortune

The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed

"Therefore, the biggest risk to the debt burden would be a sharp rise in short-dated yields if the Fed were to hike rates by more than expected in the coming year."

Fortune

Spain’s Ferran Torres scored the winning goal in the World Cup—but just four years ago, he was in therapy and stuck in a ‘bottomless pit’

Ferran Torres said he “could not see a way out” after a $62.8 million Barcelona deal—and half of athletes struggle with mental health problems.

Fortune

Christopher Nolan was rejected from film school as a teen. Today, the Oscar-winning director behind ‘The Odyssey’ is worth $250 million

Before Christopher Nolan became one of Hollywood’s most successful directors, he faced rejection: 'Film school didn’t want me.'

Fortune

Salesforce VP on the leaky AI pipeline: why cheaper tokens won’t fix enterprise AI

Enterprises waste 5x-10x more tokens than needed on raw data, and switching models alone won't fix the leak.

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