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The Latest Breaking News from Fortune

U.S. military gives Iran a taste of its own medicine with cheap copycat Shahed drones, while concern shifts to munitions supply in extended conflict

“These low-cost drones, modeled after Iran’s Shahed drones, are now delivering American-made retribution.”

Fortune

American schools weren’t broken until Silicon Valley used a lie to convince them they were—now reading and math scores are plummeting

Neuroscientist Jared Cooney Horvath warns that the U.S.’s $30 billion bet on laptops in schools has made Gen Zers less cognitively capable than their parents.

Fortune

As Iran attacks Dubai, the tax-free haven for the global elite could see 'catastrophic' fallout — 'this can also send shockwaves globally'

The area's success at attracting capital from around the world over the years and diversifying away from oil could also make it a threat to global markets.

Fortune

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MacKenzie Scott's close relationship with Toni Morrison long before Amazon put her on the path give more than $1 billion to HBCUs

Morrison, who was Scott’s mentor at Princeton University, once called the philanthropist “one of the best students I’ve ever had in my creative-writing classes…really one of the best.”

Fortune

Gen Z can't afford the American Dream—so they've traded homeownership for paying off debt. 'Their debt feels heavier because it hits earlier'

Gen Zers carry an average of $94,000 in personal debt.

Fortune

Oil prices soar 10% as tanker traffic halts near the Strait of Hormuz amid Iran attacks while IRGC warns against passage. 'Our ships will stay put'

Hundreds of tankers carrying oil and liquid natural gas have dropped anchor or remain stationary near the Strait of Hormuz.

Fortune

YouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content 'equates to shorter attention spans'

Steve Chen said companies that distribute short-form video should add safeguards for kids.

Fortune

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Slack cofounder says workers and CEOs can get stuck doing 'fake' work like pre-meetings and slide shows

Slack and Flickr cofounder Stewart Butterfield says even CEOs and directors are guilty of doing “fake” work—and it‘s on managers to ensure workforces are being productive.

Fortune

Gen Z men are eating ‘boy kibble’, the human equivalent to dog food, to load up on protein cheaply

A simple meal of beef and rice is all the craze across social media.

Fortune

USAA CEO says Gen Z ‘are not going to be as well off’ as boomers and Gen Xers—they need to take ownership of their success, he urges

USAA's Juan C. Andrade says Gen Zers are struggling, especially as AI continues to upend entry-level jobs. Young workers can take control by adopting this career strategy.

Fortune

Why Ray Dalio, Scott Bessent and others are rallying around a '3% solution' to the national debt

Bipartisan consensus is building in support of lowering the gulf between revenues and outlays to 3% of GDP.

Fortune

Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever

Boomers—particularly wealthy older people—are “driving the train” when it comes to the economy right now, economists told Fortune.

Fortune

Here's how to build something that lasts, from the founder of a $300 million bootstrapped company that's been growing for 28 years straight

The moments that sparked meaningful change and business longevity.

Fortune

Your utility bills keep going up. Here's everyone you can blame—AI data centers included

Utilities announce hundreds of billions in spending as data centers boom and ratepayers' costs rise.

Fortune

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Fortune

Pentagon chief blocks officers from attending Ivy League schools and other top universities, including partners on AI and space

"We will no longer invest in institutions that fail to sharpen our leaders' warfighting capabilities or that undermine the very values they are sworn to defend."

Fortune

Trump says U.S. will bomb Iran uninterrupted 'as long as necessary' to achieve peace in Mideast and the world after confirming Khamenei's death

Trump signaled even more expansive ambitions and longevity for his attacks on Iran.

Fortune

Anthropic CEO Dario Amodei says 'we are patriotic Americans' committed to defending the U.S. but won't budge on 'red lines'

"I believe we have to defend our country from autocratic adversaries like China and like Russia."

Fortune

Iran is now on 'death ground' amid existential threat from U.S. attacks and could 'go big' in retaliation, former NATO commander warns

Iran could close the Strait of Hormuz or conduct terrorist attacks against Americans in the region and elsewhere, said retired Admiral James Stavridis.

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Fortune

3 things we will never know after Netflix pulled out of the Warner Bros. bidding, handing it to Paramount

Netflix would have owned DC superheroes if it had managed to acquire Warner Bros., but now the situation is more like a Marvel franchise: "What if?"

Fortune

OpenAI sweeps in to snag Pentagon contract after Anthropic labeled 'supply chain risk' in unprecedented move

Anthropic said it would challenge the Pentagon's decision, which outside experts said may be illegal. But the damage to its business may already be done.

Fortune

Your spend as a 'weapon’: Scott Galloway’s ‘Resist and Unsubscribe’ movement asks you to ditch Amazon, Apple, and Netflix to oppose Trump

The NYU professor and podcast host is hoping to wipe out a quarter billion in market cap from 10 tech companies in his protest of Trump administration immigration policies.

Fortune

Meet the Gen Z college students who turned Excel into a competitive esport—they’re competing in spreadsheet challenges and it’s helping them land jobs

Microsoft-backed spreadsheet competitions are turning Gen Z college students into job-market standouts.

Fortune

Something big is happening in AI, but panic is the wrong reaction

The robots are coming, the robots are coming ... just like they have been for a long, long time.

Fortune

Trump's universal 401(k) architect on why lower-income people distrust retirement accounts: 'they want to know what the catch is'

Teresa Ghilarducci, a professor of economics at The New School, has studied retirement security for 42 years.

Fortune

The week the AI scare turned real and America realized maybe it isn't ready for what's coming

From the "Ghost GDP" to mass layoffs at tech companies, this was the week AI's new collar economy took full effect.

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