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The Latest Breaking News from Fortune

Ships go dark as the clock runs out on Trump's ‘undeclared naval war’ in the Strait of Hormuz

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

Fortune

Current price of oil as of July 13, 2026

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

Fortune

The escalating U.S.–Iran war is rewriting the CEO playbook again

Also: All the news and watercooler chat from Fortune.

Fortune

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SpaceX and Amazon are tech doppelgangers worth $4.5 trillion—and they're headed for a collision

Elon Musk’s space-and-AI company lost $4.9 billion last year and trades at 97 times sales. Investors need a lot to go right.

Fortune

'Without our money, people will struggle': Muangthai Capital's new CEO Parithad Petampai defends the role of microfinance in Thailand

Muangthai ranks No. 295 on Fortune’s Southeast Asia 500 list, with 2025 revenue of 30.74 billion Thai baht ($936 million).

Fortune

Rising tempo of combat in battle for Hormuz threatens market's confidence that the worst is over on Iran. 'There's a lot of complacency'

U.S. forces carried out five rounds of attacks in the past week and three over the last 24 hours, signaling that the operational tempo is quickening.

Fortune

Russia’s economy is an 'illusion' built on debt, and a banking crisis is ready to explode, intel report says, while the Kremlin may seize pensions

The intelligence report estimated that 10% of Russia's corporate ⁠loans may not be repaid, while 15% of retail loans at some top banks may be non-performing.

Fortune

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The 'facade' of the U.S.-Iran ceasefire crumbles after largest round of fighting in months — 'an undeclared naval war can escalate'

"I have a feeling that this could go poop very fast, and that's the fear once you unleash the dogs of war."

Fortune

Brené Brown warns American workers are not neurologically wired for this level of rapid change and instability: ‘People are not okay’

“People are emotionally dysregulated, distrustful, and disconnected,” bestselling author and professor Brené Brown warned.

Fortune

Want to earn nearly $100,000 within 5 years of graduating? Study engineering, Fed research says

80% of the top 10 college majors with the highest incomes five years after graduation are engineering degrees, New York Federal Reserve study shows.

Fortune

The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

Neuroscientist Jared Cooney Horvath said older generations “screwed up” giving students access to so much technology: “I genuinely hope Gen Z quickly figures that out and gets mad.”

Fortune

Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

As governments race to restrict minors’ social media use, the tech billionaires who built the platforms are imposing strict screen limits at home.

Fortune

Fortune 500 Land O’Lakes is letting workers choose what days and times they work—and the flex jobs are getting 25% more applicants than full-time gigs

The famed food giant selling butter sticks, whipped spreads, and shredded cheeses changed its policy after flexibility became workers’ top priority.

Fortune

A Trump Account could make your kid a millionaire by 45—but financial experts say the app's projections come with a catch

Four financial planners break down how much your kid could really make, where it fits with your 401(k), and the catch parents keep missing.

Fortune

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James Murdoch may have reaped as much as $7.5 billion from his pre-IPO investment in Elon Musk’s SpaceX

His early bet on the rocket company has likely made him much richer than his father Rupert Murdoch ever did.

Fortune

A Yale professor says America is now an 'oldigarchy'—and Boomers on LinkedIn are enraged

Yale professor Samuel Moyn says “the rich today are old, to an astonishing extent”—and his new book, "Gerontocracy in America," makes the case.

Fortune

This former U.S. soccer player built a $20 billion-a-year company. Now, he says resilience matters more than talent—and points to Lionel Messi as proof

Jim Kavanaugh, a former U.S. Olympian, says the habits that made him a top athlete also helped him build World Wide Technology, a multibillion-dollar firm.

Fortune

Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario

Global oil flows remain stunted as stockpiles are depleted, and demand is set to rise again.

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news in one place.

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Fortune

More tech workers are retiring early because they don’t want to deal with AI-related changes: ‘Many people believe it's overblown’

“For tech people, one of the distinctive features is that the learning curve of getting up to speed on a new technology can be a lot of effort,” one retirement expert said.

Fortune

3 reasons Bitcoin is stuck in a bear market—and why one analyst predicts a rebound to $100,000 by year-end

Rising inflation, Bitcoin’s four-year cycle, and excess leverage continue to draw the cryptocurrency’s price down.

Fortune

The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

Oman has drafted a proposal to manage traffic in the strait through two separately controlled routes, sources told CNN.

Fortune

The rise of white-collar socialists: 'A lot of tech workers are working class'

A recently surfaced survey of Democratic Socialists of America members showed that 9% worked in the tech sector in 2021.

Fortune

The 'Soccer Capital of America' is now gunning for the Soccer Capital of the World (Cup)

Kansas City has invested $700 million over the course of more than a decade to create the soccer and sport infrastructure that is now in public view.

Fortune

There's no escape from inflation as a perfect storm of the 'Godzilla' El Niño, AI boom, Trump tariffs, fuel crunch, and Ukraine war keep prices high

"These results suggest that many businesses are still adjusting their prices, more than a year after tariffs were first introduced."

Fortune

More non-college-educated men are living at home and falling out of the labor market, thanks to rising rents and forcing a decline in marriages

“Very real economic forces” are “limiting the options for non-college-educated men,” said Gabrielle Penrose of the American Institute for Boys and Men.

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