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The Latest Breaking News from Fortune

The $17 billion mistake hidden inside SpaceX's blockbuster IPO

SpaceX's record-shattering IPO left $16.7 billion on the table—and the company is burning through cash fast enough that every dollar counts.

Fortune

The Pentagon claims a 1,775% boost in AI use is paying off the DOGE promise a year later—but adoption is still under 50%

From 80,000 Defense personnel using AI tools in December 2025, it was 1.5 million in June.

Fortune

The U.S. and Iran have signed a peace deal. How long will it take for oil flows in Asia to return to normal?

Even with the Strait of Hormuz open, it will take months for oil flows and prices to return to pre-war levels.

Fortune

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The week that changed AI: Inside Trump's Anthropic crackdown, and how a phone call from Amazon CEO Andy Jassy triggered the chaos

The fight over Anthropic’s Mythos model is rewriting the rules of AI regulation, with consequences for the trillion dollar startup, the AI industry, and global security.

Fortune

Half of U.S. adults under 50 get health information from influencers who mostly aren’t medical professionals, Pew finds

As trust in medical institutions erodes, more older adults seek their information online in moms, coaches and entrepreneurs.

Fortune

The Knicks' playoff run that ended in a championship and parade is worth at least $380 million to New York City

The Knicks' first-ever ticker-tape parade capped a postseason that could generate at least $380M for NYC, and cost the city a small fortune to pull off.

Fortune

Singapore punches above its weight on the Southeast Asia 500, capturing a third of total revenue

Half of the top 10 companies on the SEA 500 are headquartered in Singapore. No. 1 goes to commodity giant Trafigura, with revenue of $240 billion.

Fortune

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How to run a company when the AI agents vastly outnumber the humans

Business leaders from Salesforce, DraftKings, Indeed, and other companies convened at Fortune Brainstorm Tech to discuss the challenges and benefits of using AI for jobs with no margin for error.

Fortune

LinkedIn research says half of C-suite leaders are flying blind on AI—and its CBO says they can't fix it the way they're trying

"Sometimes different parts of the org [are] less willing to change, maybe because it's their job not to," Mark Lobosco told Fortune.

Fortune

‘Iran just basically put its wish list into this’: The Trump-Iran agreement gives Iran a free pass on nuclear treaty violations pending final deal

The memorandum’s minimum nuclear weapons requirement is just making Iran downblend its close-to-bomb-status enriched uranium, which is reversible, nuclear weapons expert says.

Fortune

‘Make AI work for ordinary people’: Bernie Sanders wants to pay you $1,000 every year from a government stake in AI companies

The senator is introducing a bill that would give Americans 50% ownership of the country’s biggest AI companies if they become profitable.

Fortune

Son of pro-crypto New York Senator Kirsten Gillibrand raises $30 million to launch a derivatives exchange

Lux Capital led the investment, which values the Stanford graduate’s exchange at $300 million.

Fortune

Entry-level work didn't disappear, PwC finds with 'seniorization.' It just morphed into something young workers can't get

"Employers are changing what they ask for in entry-level roles," Dan Priest, PwC's U.S. chief AI officer, told Fortune.

Fortune

AI’s free-for-all phase may be coming to an end—as companies start counting the cost

Executives at VivaTech say the rush to deploy AI is giving way to tighter controls, a shift to cheaper models, and a growing focus on what actually delivers returns.

Fortune

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Dario Amodei has only 1 direct report, his chief of staff—and everyone else reports to his sister: ‘It’s incredibly freeing’

As $965 billion Anthropic prepares for an IPO, the AI firm’s CEO, Dario Amodei, admits he’s been managing only one person—and passing the rest to his sister.

Fortune

Exclusive: Arizona senator warns ‘ghost jobs’ are warping labor data, presses Trump admin to investigate

Sen. Ruben Gallego sent letters outlining his concerns on Thursday to the Department of Labor and Federal Trade Commission.

Fortune

Google DeepMind has a plan to protect itself from its own rogue AI agents

For years, AI safety research focused on “alignment.” The Google DeepMind road map assumes some AI agents may go rogue, and focuses on monitoring and access control.

Fortune

Current price of oil as of June 18, 2026

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

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news in one place.

100's of premium titles.
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Fortune

The next-generation 'Tiger Cubs' who see the AI bubble risk — and know exactly where the next trade is

Maverick Capital's co-CIOs Ben Silver and David Tykocinski have spent four years quietly outperforming their peers.

Fortune

We’ve now got the full text of the U.S.-Iran peace deal—and allies are appalled at the gains it hands to Iran

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

Fortune

A $5.6 billion valuation and rapid global expansion—this AI European scaler even threw in a free Jude Law

Legora’s AI is shaking up the legal profession, while its Jude Law–fronted ad campaign has made law a dinner-party topic.

Fortune

Kevin Warsh’s hawkish tone: What CEOs need to know about rates today

Also: All the news and watercooler chat from Fortune.

Fortune

Whatnot is worth $11.5 billion—and its sellers just hit one billion orders

Whatnot—which in October raised a $225 million Series F, with an $11.5 billion valuation—has been in the midst of a serious growth spurt.

Fortune

A wave of CFO retirements is reshaping the Fortune 500—AT&T's Pascal Desroches is the latest

Jennifer Biry was named AT&T's next CFO, bringing a blend of telecom, tech, and operational experience.

Fortune

Meet the CEO of US Polo Assn: He grew up in one of America's poorest regions and now hosts Prince William and runs a $2.7 billion brand

The U.S. Polo Assn. CEO studied accounting when millennials and boomers were abandoning it—and it opened the door to a $2.7 billion career in luxury fashion.

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