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The Latest Breaking News from Fortune

Bill Ackman told spooked investors to get over the Iran war and buy Fannie and Freddie. Stocks surged 40% the next day

The Pershing Square Capital Management CEO is the largest shareholder in each company and stands to benefit the most from the stock surge.

Fortune

Wealth taxes on billionaires and $30 minimum wages are part of the same plan, advocate says. 'They should pay their fair share'

A new UC Berkeley poll shows most voters across party lines support taxing billionaires, just as a $30 minimum wage movement gains steam across the country.

Fortune

Dollar doomsayers can relax: Iran's 'petroyuan' gambit won't topple the greenback

The petrodollar story is overstated, and increasingly outdated.

Fortune

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Jerome Powell says $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’

“The federal government debt is growing substantially faster than our economy,” the Fed chair told a roomful of Harvard students.

Fortune

Most Americans would rather ditch social media than their beloved banking apps, Wells Fargo survey says

People are taking steps to feel more in control of their finances, Wells Fargo’s Emily Irwin explained.

Fortune

The Air Canada CEO exit is a warning to chief executives: Read the room

A CEO’s English condolence video after a deadly crash ignited fury in francophone Canada—and shows why cultural fluency is now a core leadership skill.

Fortune

Hyperscalers often lack the “aptitude” on power as the political push picks up to expedite grid connections and pipelines

A bevy of efforts in the federal bureaucracy and Congress are underway to expedite power generation, pipelines, transmission, and grid interconnections for the ongoing power demand spike.

Fortune

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Cargo theft costs U.S. trucking $18 million a day and is ‘unlike anything our industry has faced before,’ logistics exec warns

“By the time the theft is discovered, the freight has often vanished into a black market that stretches far beyond state or even national borders.”

Fortune

Air Canada CEO to quit after furor over English-only message to families of LaGuardia crash victims

Michael Rousseau said he could not express himself adequately in French despite “many lessons over several years.”

Fortune

A man used AI to call 3,000 Irish bartenders to track the cost of Guinness. Now pubs are lowering their prices to compete

A 37-year-old leveraged voice AI and Anthropic’s Claude to create a consumer price index for a pint of Guinness across Ireland.

Fortune

Elon Musk is escalating his feud with a Delaware judge over a 'heart' on a LinkedIn post

Musk’s lawyers allege that Chancellor Kathaleen McCormick reacted in support of a post celebrating the billionaire’s federal court loss in California earlier this month.

Fortune

Trump said the Iran war was ‘very complete’ three weeks ago. Oil has surged 50% since, and analysts are warning of stagflation

Gas prices just hit their highest level since Russia’s invasion of Ukraine, and Wall Street is bracing for stagflation as the conflict spreads.

Fortune

A CEO trying to reindustrialize America says blue-collar pay is headed for 'massive hyperinflation' and kids should skip college to become welders

Hadrian CEO Chris Power said it’s time to tell your kids to ditch the four-year degree and enter the trades.

Fortune

Netflix cofounder Reed Hastings says his first boss out of college would wash his dirty mugs at 4:30 a.m.—so now he does coffee runs for his staff too

After self-made billionaire Reed Hastings found out his boss was washing his dirty mugs, he’s learned to stay humble and connect with staffers—by giving them coffee in fresh cups.

Fortune

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Fortune

Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation

“The risks to economic growth begin to take precedence over the risks to inflation,” Oxford Economics said in a note on Monday.

Fortune

Even billionaires aren't safe: This year’s market slump has wiped $75 billion from the wealth of Jeff Bezos and Mark Zuckerberg

The world’s ultrarich, including Mark Zuckerberg, Jeff Bezos, and Larry Ellison, have seen their net worths slide by $30 billion each—fueled by a stock market skepticism of AI and unrelenting tensions in the Middle East.

Fortune

I'm a CEO who oversees $9.5 trillion in spend data. AI's winners are already decided

The real winners of the AI era won't be startups with the smartest models — they'll be enterprise software veterans with the deepest data moats.

Fortune

Current price of oil as of March 30, 2026

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

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Fortune

One company's 'AI salary bump' is designed to end vague productivity mandates for good

The "AI salary bump" is here: Instead of vague productivity mandates, marketing automation platform Omnisend built a raise around it.

Fortune

Ex–Blackstone staffers raise $25 million for startup Valinor, which aims to put private credit on the blockchain

Castle Island Ventures led the fundraise, with participation from Maven 11, Susquehanna Crypto, and the founders of Bitcoin-mining-turned-AI company TeraWulf.

Fortune

How Dell reinvented itself as an AI-server powerhouse — and what its CFO is building next

In two years, Dell built a $25 billion AI infrastructure business.

Fortune

The API economy may soon grow by tens of millions of customers—here’s why

Agentic commerce, or AI agents using blockchain-based micropayments, is quickly becoming a reality.

Fortune

Coca-Cola, Walmart, and Adobe show how AI is rewriting CEO succession

AI readiness has become the new filter for the next generation of CEOs.

Fortune

AI is reshaping the doctor visit—just not how you think

Zocdoc finds patients are increasingly arriving with AI-informed questions, giving doctors more to work with—but also changing how time gets spent in the exam room.

Fortune

War against Iran set to escalate as we approach six-week ‘TACO’ timetable, analysts say

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

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