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The Latest Breaking News from Fortune

A second wave of Iran energy shocks is about to hit Asia and the wider world. Why aren’t markets reacting?

“The market has been complacent,” Chen Chien-Ming, an associate professor at NTU, says, blaming investors' "wishful thinking that the war will soon end.”

Fortune

Exclusive: White Circle raises $11 million to stop AI models from going rogue

The Paris startup, backed by leaders from OpenAI, Anthropic, DeepMind, Mistral, and Hugging Face, says companies need real-time tools to control what AI systems do after they are deployed.

Fortune

Trump Mobile quietly rewrote its fine print to say the gold Trump phone may never be made, a year after taking $100 deposits

The terms and conditions said the preorder deposit gives people "a conditional opportunity" to buy the phone if the company makes it.

Fortune

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Trump's cuts to a key small business program are gutting Native American businesses and the rural towns that rely on them

Tribal governments have diversified far beyond casinos to become economic engines, but a crackdown on federal small business contracting is threatening their very business model.

Fortune

Amex bought Resy. Chase bought The Infatuation. Inside the credit card industry's quiet takeover of how you spend

Credit card companies aren't just rewarding your spending anymore—they're designing where you spend it.

Fortune

Jensen Huang’s message to electricians and plumbers: ‘This is your time,’ as AI buildout leads to soaring demand for skilled trades

Workers in trades are seeing their career prospects increasingly entwined with that of AI.

Fortune

Forget U.S. debt, China’s total borrowing is in 'a league of its own'—much worse and deteriorating faster, analyst says

China’s total debt across the public and private sectors is now 300% of GDP.

Fortune

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AI isn't paying off in the way companies think. Layoffs driven by automation are failing to generate returns, study finds

A Gartner study found that while 80% of companies surveyed reported workforce reductions, there was no correlation to higher ROI.

Fortune

Poppi cofounder maxed out credit cards and sold her car to fund the company—now, she’s a multimillionaire after a $1.95 billion sale

Poppi cofounders Allison and Stephen Ellsworth made more than $100 million from the sale of their prebiotic soda brand—but their success required early financial sacrifices.

Fortune

America's true innovation advantage: we don't just invent technologies — we reinvent how innovation works

From Bell's telephone to venture capital to AI startups, the U.S. competitive edge has never been the technology itself.

Fortune

This Gen Zer dropped out of college to become an influencer—now he’s a millionaire from selling products like Medicube and Neutrogena on TikTok Shop

Logan Walter, a 21-year-old content creator selling products on TikTok Shop, reels in a seven-figure monthly income making videos in his childhood bedroom.

Fortune

Current price of oil as of May 11, 2026

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

Fortune

'You should not be in this game': Social media sold the credit card points dream, but it left out everything else

The industry has "sold the dream to people who probably don't need that dream sold to them — and should just be getting a flat 2% cash back card."

Fortune

$96 billion giant ServiceNow doesn't see a 'SaaSpocalypse.' It sees the 'hard lift, heavy lifting' phase just beginning

From the sidelines of its biggest-ever annual conference, ServiceNow COO Amit Zavery talked to Fortune about what should and shouldn't be sexy.

Fortune

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Fortune

'He feels like that's more fulfilling than doing summer school at some fancy college': Ford CEO says his Gen Z son is choosing hands-on work

Jim Farley told Fortune that we're still only in the "second or third inning" of solving the shortage of blue-collar workers in the essential economy.

Fortune

Indosat CEO Vikram Sinha is building an AI for Indonesia's local languages. Can he make a business case for sovereignty?

Vikram Sinha wants Sahabat AI to be a platform for Indonesia's startups—even if he admits his team can't quite think of a "business case" right now.

Fortune

Tapestry thinks it's cracked the code of 'expressive luxury' for Gen Z: a 'Goldilocks' combo of aspirational and approachable

The Coach parent delivered a record quarter, with its flagship brand posting 29% revenue growth—powered by a Gen Z flywheel may be just getting started.

Fortune

California farmers must destroy 420,000 peach trees after Del Monte closes its canneries and cancels more than $550 million in long-term contracts

One Del Monte canning facility processed 30% of the state’s cling peaches, and its closure left growers with a glut of crops with no one to process them.

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Fortune

Elon Musk called Anthropic ‘evil’ 3 months ago. Now he’s taking $4 billion to become its landlord

“He who controls the data center, really does control the application of artificial intelligence right now.”

Fortune

eBay bans GameStop CEO's account after he started listing store signs and old carpets to fund his $56 billion offer to buy the marketplace

Michael Burry dumped his GameStop shares over the eBay dealing, warning "never confuse debt for creativity.”

Fortune

Trump admits World Cup tickets are too expensive — days after Infantino insisted they were 'market rate' for America

"I wouldn't pay it either, to be honest," the president said.

Fortune

The average American car payment is now $680 a month — and millions can't keep up

The U.S. built its economy on cars — now the average monthly payment is $680, and millions are falling behind.

Fortune

The AI job apocalypse is 'unhelpful marketing, bad economics and worse history,' a16z says

So, then, why are so many historians afraid?

Fortune

Stripe CEO says a wave of token theft is wreaking havoc on the AI economy

Patrick Collison warned that token theft is so rampant many AI startups will have to stop offering free trials.

Fortune

Two Americas, one drive-thru: Welcome to fast food's contradictory, split-screen economy

From McDonald's to Papa John's to Wingstop, Q1 earnings are painting a portrait of a nation sorting itself into winners and losers at the drive-thru window.

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