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The Latest Breaking News from Fortune

$9.999 and maxed out: California diesel prices overwhelm pump displays as global supply crunch worsens

Diesel prices soar to new record highs with no signs of slowing down anytime soon.

Fortune · Sep 10

Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listen

After helping lift the yen, Bessent is finding the much larger Treasury market harder to tame as yields push toward 5%.

Fortune · Sep 10

Trump's $5,000 'dividend' is really a $1.15 trillion hole in the deficit, top economist estimates

Penn Wharton's Kent Smetters says the payout, floated at the GOP's midterm convention, could add up to $1.35 trillion to the $40 trillion national debt.

Fortune · Sep 10

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A string of controversies hits OpenAI, Anthropic

Multiple scandals in the past week have raised questions about the frontier labs’ methodologies and actions.

Fortune · Sep 10

Mary Barra Says EVs Are Still GM's Endgame

GM leans on profitable trucks and SUVs while Mary Barra keeps its electric vehicle strategy aimed at batteries, software, and charging upgrades.

Motor1 · Sep 10

CEO of an automation platform explains how he wrote a 168-page book with AI: 'It was like a Socratic dialogue'

Also: All the news and watercooler chat from Fortune.

Fortune · Sep 10

Inside the Bahamas island quietly selling $18 million villas—where the vast majority of the land will never be developed

The owners of Highbourne Cay turned down a luxury brand's resort pitch. They're betting that scarcity is worth more than density.

Fortune · Sep 10

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'We worry now': Oil tops $100, diesel hits record highs amid Iran war escalation

Benchmarks for crude oil and diesel hit warning thresholds as the war in the Middle East escalates.

Fortune · Sep 10

Wealthy parents are buying their kids $75,000 AI schooling with guardrails as schools grapple with a literacy crisis

Alpha School has AI tutor core subjects and afternoons devoted to life skills workshops as schools nationwide face historically low reading scores.

Fortune · Sep 10

Ayala, one of Asia's oldest conglomerates, wants to keep itself together. Its CEO explains why

Ayala CEO Cezar Consing explains why the 192-year-old Philippine conglomerate is staying together—and demanding more from its businesses.

Fortune · Sep 10

OpenAI’s rogue AI agents used universities, wikis, and text‑sharing sites as hidden message boards

Researchers say OpenAI agents quietly spread across more than a dozen obscure websites, raising questions about how the company is monitoring its systems.

Fortune · Sep 9

Hollywood's 'new business model' comes into view as Gen Z shows a moviegoing taste that combines 'fast food and fine dining'

Theaters sold nearly 249 million fewer tickets than in 2019 but still set a $4.7 billion summer record. It’s not 2019 anymore.

Fortune · Sep 9

How Boomers voted the next generation a $40 trillion debt — and counting

Over a 25-year reign spanning the presidency, Congress and the C-suite, the baby boom generation built the largest debt in U.S. history—and left the bill.

Fortune · Sep 9

17 states have an ‘unusual’ problem in big price-fixing settlement: Distributing 53 million free eggs to Americans

“There are huge administrative problems with making sure that a settlement of this nature goes according to plan,” one antitrust lawyer told Fortune.

Fortune · Sep 9

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Fortune · Sep 9

This CEO isn't sure about financial nihilism, but he's horrified by sports gambling online. So this football season, he'll pay you not to do it

Acorns CEO Noah Kerner doesn't know if Gen Z has given up on getting rich the old-fashioned way. But he's convinced Americans have a problem.

Fortune · Sep 9

Cord-cutters rebuilt the cable bundle. Eight streaming services now cost $139 a month without ads

Choosing ads wherever possible still costs nearly $90 a month, leaving households to chase bundles, cancel subscriptions and rotate services.

Fortune · Sep 9

Ethereum giant Consensys spins off flagship MetaMask wallet, stays mum on IPO and token plans

The company will now formally operate as two separate entities, with one focused on MetaMask and the other on institutional software.

Fortune · Sep 9

Exclusive: Latitude, founded by Stripe and Uber alums, raises $35 million to turn stablecoins into local payments

The startup is targeting the gap between instant digital transfers and money people can actually spend.

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news in one place.

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Fortune · Sep 9

The latest Bitcoin mystery: Who is behind the tiny non-profit buying a $2 million ad campaign in the Wall Street Journal?

The Nakamoto Project, a Wyoming-based nonprofit, reported a single $275,000 grant in 2023 before launching the effort.

Fortune · Sep 9

Americans are losing faith in capitalism. The problem isn't capitalism

The public seems to think that shareholder value is a loss for consumers. A Yale research project with over 200 CEO interviews reveals something else.

Fortune · Sep 9

GM CEO Mary Barra is unfazed by the electric slowdown: 'We still think EVs are the end game'

Also: All the news and watercooler chat from Fortune.

Fortune · Sep 9

Apple unveils $2,000 iPhone Duo, its first foldable smartphone

Apple’s new CEO, John Ternus, unveiled the biggest iPhone update in years.

The Economic Times · Sep 8

Dylan Taylor, founder of Voyager Technologies, became a millionaire at 27, five years before Warren Buffett reached the same milestone. He has a surprising advice for Gen-Z

Dylan Taylor, founder of Voyager Technologies, made his first million at 27, five years before Warren Buffett reached the same milestone. Now, he says young workers should focus less on chasing bigger salaries and more on building wealth through equity, ownership and long-term investments.

Fortune · Sep 8

Kevin O'Leary says Steve Jobs taught him to focus on 3 things a day—and small talk or a family phone call is just noise getting in the way

“Shark Tank” investor Kevin O’Leary says it’s important to focus on “signal” over “noise” to achieve entrepreneurial success.

Fortune · Sep 8

Samsung is the foldable phone king, with sales growing 30% and reviews praising its newest devices. Can it keep the crown as Apple enters the picture?

In an exclusive interview with Fortune, Samsung America EVP Dave Das says demand for foldable phones, and the upgrade cycle, are similar to the early days of smartphones.

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