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The Latest Breaking News from Fortune

Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision

Even the world’s richest people borrow money to buy homes. Financial experts say mortgages can actually be a strategic wealth move for the ultrarich.

Fortune

When good money goes bad: the question SpaceX and OpenAI investors aren’t asking

As OpenAI and Anthropic race to go public at $1 trillion valuations, a foundational business theory warns that money impatient for growth is dangerous.

Fortune

Elon Musk bullet-proofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla

The CEO will have almost complete control of his Texas-based space company, without colonizing Mars or building a single non-Earth data center.

Fortune

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A CEO denied raises to spend money on AI instead. Companies have 'no idea what they're going to need in a workforce' when the AI race is over.

Companies may be cutting raises and benefits to create attrition, one expert says.

Fortune

SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation

SpaceX's valuation will set the bar for what the must achieve going forward to reward investors.

Fortune

ICC Secretary General: The Hormuz clock that matters isn't diplomatic — it's agricultural

The real clock on the Hormuz closure is agricultural — and by the time the food crisis is visible, the decisions that caused it will be six months old.

Fortune

MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

"You make them a partnership in this revolution," Trump told reporters Friday. "It would be a beautiful thing."

Fortune

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Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out

"The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot."

Fortune

The Class of 2026: Meet the 12 companies making their Fortune 500 debut

From crypto companies to mattress makers, these companies made it in the list’s 72nd year.

Fortune

The U.S. is one of the world's leading meat producers. That hasn't been enough to shield Americans from soaring beef prices

The average price of a pound of ground beef hit a record average retail price of $6.90 last month, up around 19% from a year ago.

Fortune

As the World Cup draws millions to 11 U.S. cities, measles—not Ebola—may be the biggest concern

Measles may be the bigger threat partly because it is more contagious, and cases in the U.S. are already rising.

Fortune

Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom

Top bankers are lavishing praise on Musk ahead of his rocket company’s record-setting listing.

Fortune

AI productivity gains are real but so is bad management: 'Leaders are really struggling to articulate what the vision and strategy is'

In the meantime, BCG's David Martin told Fotune, fear runs amok. "A sharing culture is incredibly important, but it's not natural for fearful employees.”

Fortune

Putin is running out of money to wage war on Ukraine, and this Russian-occupied territory is running out of fuel as Kyiv smashes supply lines

Russia is reeling as casualties reach staggering heights; recruitment of replacement troops wanes; and areas far from the front lines come under attack.

Fortune

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Fortune

3 warnings from analysts on the truth lurking beneath the 'barnburner' jobs report — and why America's AI hiring crisis is far from over

There's no doubt that 172,000 payrolls added in May blew past expectations. But you have to look closely at where they were added.

Fortune

Why Melinda French Gates is putting millions of dollars into menopause

Celebrities like Halle Berry and Naomi Watts have jumped on menopause startups. Now Melinda French Gates is throwing her weight behind the category—with philanthropic dollars.

Fortune

NYU Stern professor Suzy Welch says the career aspiration to follow your passion is ‘dumb advice’

Suzy Welch, author and NYU Stern School of Business professor, says without the right talent or attitude, it’s hard to turn a passion into a career.

Fortune

Former ‘Glee’ star Jane Lynch says the secret to career success isn’t a 10-year plan: ‘Life doesn't care about your timeline’

Emmy-winning actor Jane Lynch told Gen Z she had no career plan after college—but embracing unexpected opportunities led her to become a Hollywood star.

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news in one place.

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Fortune

'Nobody knows what they’re doing’ says Michelle Obama

Never did ‘first lady’ enter Michelle Obama’s aspirational lexicon. Her reflections on resilience, self-doubt, and adapting to the unexpected arrive at a moment when many of Europe’s corporate leaders are navigating uncertainty of their own.

Fortune

'At some point you've got to make money': Goldman's top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs

Jim Covello has been Wall Street's most consistent voice of AI doubt. Two years on, he asks:"when does the short term become the long term?"

Fortune

Anthropic warns AI could soon build itself without human involvement—and urges a global pause on development

The AI lab valued at $965 billion is urging a pause on AI development, just as it heads toward an IPO.

Fortune

The May jobs report just blew past expectations—and maybe too far for markets

The labor market delivered 172,000 jobs in May, past the expectation for 88,000.

Fortune

The World Cup is coming to the U.S. — so where are the international travelers?

Hotels bet on a surge that hasn’t materialized. With weeks to go, pricing, perception and demand will determine whether host cities win or miss the moment.

Fortune

Current price of oil as of June 5, 2026

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

Fortune

What AI is actually good for

AI can do far more than most people realize and far less than many assume. The hardest part isn't the technology.

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