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The Latest Breaking News from Fortune

Strait Jacket: Wall Street is worried President Trump has no good options for ending the war with Iran

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

Fortune

40% of Americans didn't read a book last year. These 3 are worth the exception

Also: All the news and watercooler chat from Fortune.

Fortune

In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.

In the first half of 2026, U.S. VCs deployed $412.7 billion, a record that surpasses the full year of 2025 by 30%, according to PitchBook’s new report.

Fortune

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Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels, and sent inflation soaring. One Gen Zer paid $1,000 for a tiny 'box' hotel room

Young people may be struggling with financial milestones, but Harry Styles fans in the Netherlands proved their spending power can catch bankers' eyes.

Fortune

Vietnam is paying women to have more babies—but there's a catch: they have to be on baby no. 2 to qualify for the cash bonus

Like Elon Musk and governments around the world, Vietnam wants more babies—and it's giving $68 million to women who have more than one.

Fortune

Stitch Fix's CEO inherited a broken tech darling. He's fixing it like a traditional retail exec

CEO Matt Baer, a Walmart and Macy’s alum, is refocusing the online personal styling service on retail 101.

Fortune

Companies are shifting toward cheaper open‑source AI models to rein in costs, Amazon CTO says

Stories of runaway AI bills have been making some executives skittish about AI spending.

Fortune

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The Raising Cane's co-CEO has seen those World Cup fans praising the chicken and sauce. He's 'pretty grateful' to have 'chicken fanatics' worldwide

Raising Cane's co-CEO AJ Kumaran has seen those World Cup visitors' videos lauding the chain's sauce and chicken. Now he's getting requests worldwide.

Fortune

Asia's founders are decamping to the U.S. as the region suffers a protracted venture funding slump

Venture slowdown, weak exits and fragmented markets are pushing some Asian startups to Silicon Valley.

Fortune

Hybrid‑work expert Nicholas Bloom says World Cup chaos and pricey commutes are turning July into the summer of remote work

The economist who has spent two decades studying remote work said most employers are never going back to a fully in-office set up.

Fortune

49% of young adults live at home, up 12 points since 2019. An economist says the fallout will reshape marriage, kids, and home-buying

Nearly half of adults under 30 now live with a parent—and the Fed's data shows the squeeze is creeping into their 30s and 40s

Fortune

President Donald Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325M in stock to Trump Accounts

The SpaceX stock gift joins the Dells' $6.25 billion contribution to the investment accounts for children as Elon Musk hasn’t confirmed his own

Fortune

Jersey Mike's $12 billion IPO filing reveals a $50 million payday for the founder’s stepson and a $41 million jet

The sandwich chain’s initial public offering is among the largest in restaurant history.

Fortune

Meta releases latest update of AI model Muse Spark as tech giant accelerates AI push under Alexandr Wang

Meta says Muse Spark 1.1 surpasses models from OpenAI and Anthropic on certain benchmarks—but didn’t include comparisons to rival AI labs’ most recent releases.

Fortune

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Amazon's CTO on how developers can ride out the AI-powered coding wave

Software engineering is going through its most dramatic transformation in years.

Fortune

‘Sony essentially destroys its own defense’: How its disc-free PS5 plan triggered a $457M lawsuit and undercut its antitrust defense

Sony’s move enraged thousands of gamers and brought on a lawsuit with the backdrop of rival Xbox’s restructuring amid video game industry challenges.

Fortune

Farm groups saved Bayer in court over RoundUp cancer claims. Five days later, Bayer called for tariffs on the ingredient farmers rely on

A tariff petition on Chinese glyphosate, a key RoundUp ingredient, has turned Bayer's biggest legal allies into its loudest critics

Fortune

Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts

MacKenzie Scott, worth $35.8 billion, just donated a record-breaking gift to the U.S. nonprofit Active Minds to support a “new era of mental health.”

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news in one place.

100's of premium titles.
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Fortune

Self-made multimillionaire says Canadians 'give no money away' compared with Americans—research shows U.S. giving is more than twice as high

“If you are rich in the U.S., you give money away, but I could name you 100 very rich Canadians who give no money away,” ex-finance CEO Bill Holland said.

Fortune

Companies still don’t know how to incorporate AI in a holistic way, says Wharton expert

The real bottleneck isn’t the models—it’s change management and whether leaders can bring people along to work with AI as a partner.

Fortune

AI unicorn Mercor acquires Deeptune after founder Brendan Foody backed the startup

The acquisition comes as Mercor says it reached $2 billion in annual recurring revenue despite a high-profile cybersecurity breach in March.

Fortune

Current price of oil as of July 9, 2026

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

Fortune

Ken Griffin says everyone is misinterpreting the AI revolution — and wishes Zohran and Bernie would 'read a damn history book for once'

"We intend to be here for decades," Griffin told Goldman Sachs of his relationship with the mayor. "And he will be here for a few years."

Fortune

Christina Qi left behind a hedge fund trading $7 billion a day for a farm in Utah. Her new startup just raised $97 million to rival Bloomberg

Databento serves everyone from student traders to the world's largest hedge funds—and counts Nvidia and OpenAI as customers.

Fortune

DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings

The Japanese conglomerate has made bets on other crypto protocols, including the lender Morpho and the blockchain Arc.

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