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The Latest Breaking News from Fortune

DOGE cancelled a $349,000 grant to replace a museum’s HVAC after ChatGPT flagged it as DEI, court documents show

Elon Musk’s cost-saving agency uploaded more than 1,000 grant proposals into the chatbot, which determined whether or not they pertained to DEI, according to filings.

Fortune

Social Security has 6 years left. The fix that sounds cruelest may be the smartest

A new Penn Wharton study finds that slashing benefits—not raising taxes—produces the biggest economic gains. Here’s the counterintuitive math.

Fortune

The Pentagon reportedly requested an extra $200 billion for the Iran war. It might fund the U.S. military for just 140 more days

The war in Iran cost about $16.5 billion within its first 12 days. At that rate, an extra $200 billion could potentially fund the war through mid-August.

Fortune

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Could data from 100 million species help cure disease? One startup is betting on it

Basecamp Research’s new trillion-gene project highlights a key divide: while AI training data is increasingly contested, biological data is being framed as a path to scientific discovery.

Fortune

1 in 5 Americans thinks it's 'morally wrong' to be a billionaire—Gen Z in particular finds it distasteful

People aged between 18 and 29, who are Gen Z, were the most likely to find extreme wealth distasteful. One-third said it was morally wrong.

Fortune

'We're living on borrowed time': As national debt hits $39 trillion, a top diplomat warns of a crisis America isn't ready for

"It's one of those things that's almost like the old law," Richard Haass told Fortune. "It's fine until the day it's not."

Fortune

Anthony Scaramucci: America's billionaires and presidents have forgotten the lesson that destroyed Rome

From Caesar to Silicon Valley, the pattern is always the same — and we're running out of time to change course.

Fortune

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Nespresso’s Dua Lipa era marks a shift from George Clooney’s activism to Gen Z aspiration

For years, George Clooney gave Nespresso a polished image with an activist edge. Dua Lipa brings something different: younger, glossier, and built for the Instagram era.

Fortune

Fed Chair Jerome Powell says U.S. economy is ‘amazing’—but admits ‘we just don’t know’ as inflation, jobs, and oil shocks cloud the outlook

Jerome Powell said “don’t know” 17 times during the conference as he praised the economy’s resilience—but flagged rising inflation, stalled job growth, and an unpredictable oil shock from Iran.

Fortune

'A month ago, no one would have believed this': June Fed rate hike odds just surpassed rate cut odds as stagflation fears grow

The Atlanta Fed’s Market Probability Tracker places the odds of a rate hike at about 15% within the next three months.

Fortune

TV host Mike Rowe slams schools for portraying skilled trades as a ‘consolation prize’—when he’s met data center electricians making $280K a year

America pushed a generation toward college—now it’s short hundreds of thousands of skilled workers, and “Dirty Jobs” host Mike Rowe is joining CEOs of top companies like Nvidia, Ford, and BlackRock in sounding the alarm.

Fortune

Uber cofounder says human workers will be extremely ‘valuable’ until super AGI steps into the picture: ‘That's my white pill’

While workers are panicking over the fate of their careers, Uber cofounder Travis Kalanick is optimistic that humans will be “more and more” valuable in an AI-driven world.

Fortune

China doesn't need a trade deal to win. Here's what CEOs are missing

Ram Charan has advised Fortune 500 CEOs for decades. His message after the Paris talks: stop waiting for a diplomatic breakthrough that will never come.

Fortune

Trump’s lunch for his biggest memecoin holders is going ahead. One attendee plans to come back despite ‘Walmart steak’ at previous meal

The White House said Trump’s attendance at the “most exclusive crypto and business in the world” is not confirmed.

Fortune

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Fortune

Jerome Powell says you're right to blame data centers for making your bills more expensive: 'probably pushing inflation up'

Electricity prices due to the investment into AI could spike, analysts have warned.

Fortune

Mick Mulvaney: Stop calling it a 'prediction market.' It’s sports betting

The former White House chief of staff says it's time to call the illegal gambling operation, run through a regulatory backdoor, what it really is.

Fortune

AI's memory chip shortage is quietly taxing the entire economy

AI's insatiable appetite for memory chips is crowding out all other buyers — and the consequences will ripple through every industry and household.

Fortune

The AI era is turning Corporate America into a CEO churn machine

Investor impatience with slow AI results is driving a wave of CEO exits, as boards demand faster returns from the technology they’ve long touted.

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news in one place.

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Fortune

Current price of oil as of March 19, 2026

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

Fortune

An AI jobs apocalypse? The CEO of Tech Mahindra is not so sure

The real disruption may not be job loss, but a complete rewrite of what it means to work according to Mohit Joshi.

Fortune

Before Disney named a new CEO, it made sure the CFO was staying

Josh D'Amaro officially succeeded Bob Iger as CEO on March 18.

Fortune

Exclusive: Andreessen Horowitz backs Deeptune’s $43M Series A to build ‘training gyms’ for AI agents

The company is betting that simulated environments—not more web data—will be key to training the next generation of AI agents.

Fortune

Trump started a battle with Jerome Powell, but the Fed chairman is winning the war: He won't leave until probe is 'well and truly over'

"If my successor is not confirmed by the end of my term as chair, I would serve as chair until he is confirmed. That is what the law calls for."

Fortune

Global selloff in stocks as oil hits $115 and Trump admits he ‘knew nothing’ about Israel attack on major Iran gas field

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

Fortune

From pilot mania to portfolio discipline: how the best companies are escaping AI purgatory

Most companies have dozens of AI pilots and almost nothing to show for it. The ones breaking through have stopped experimenting and started betting.

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