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Elon Musk says money might ‘not even matter’ in the future—but tells Gen Z to study arts, sciences, and engineering to know what to ask AI and robots

The billionaire Tesla and SpaceX CEO says humanoid robots will usher in an “age of abundance”—and advises young people to embrace broad learning...

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Fortune

Preston Fore

Trump’s hidden tax on every American: how diesel touches everything that hits your wallet

You probably don't know how much more you've had to pay for stuff since the closure of the Strait of Hormuz.

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Fortune

Vidya Mani

The fibermaxxing boom is missing a hard truth: more fiber isn’t always better fiber

The market sells fiber in powders, keto snacks and even soda, while doctors still point consumers toward foods such as beans, oats, fruits and...

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Fortune

Jean Liew

With gas at $4.47 per gallon, Trump set to relax Biden-era emissions standards

The administration says looser mileage rules will lower sticker prices while critics warn the savings could be erased by higher fuel costs

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Fortune

The Associated Press

Malaysia waits until its durians are fully ripe — and fully smelly. China’s $7.5 billion market looks on hungrily

The prime Malaysian fruit’s shelf life is at most two to three days, a pungent, dated delicacy.

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Fortune

The Associated Press

White House jokes that Trump could sell weapons to China and Taiwan at the same time

The unusual offer came amid tensions over a paused $14 billion Taiwan arms package and Beijing’s push for Washington to stop the sales

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Fortune

The Associated Press

The crypto pirates have become the Navy. Now what?

The crypto industry has gotten deeply immersed in the ways of Washington, D.C.—raising questions about what it really stands for.

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Fortune

Jeff John Roberts

Here’s what the AI-native org chart could look like

Instead of showing who reports to whom, the org chart of the future could track system access, spending authority, and where AI agents fit in.

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Fortune

Kristin Stoller

Bank of America wants AI to do treasury’s grunt work

As AI takes over the manual side of treasury work, the job is shifting toward analysis, oversight, and judgment.

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Fortune

Sheryl Estrada

At OpenAI, a 9-month search raises questions about the CCO’s place at the table

OpenAI has operated without a chief communications officer for nine months.

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Fortune

Ruth Umoh

The economist who coined the phrase ‘Magnificent 7’ says the very thing that made them extraordinary is under threat

"Let's not forget that the Mag7, the hyperscalers, whatever you want to call them, part of the reason to say they're magnificent is because they made...

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Fortune

Eleanor Pringle

How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia

Ethan Thornton launched Mach Industries at 19. Three years later, the startup is raising hundreds of millions and manufacturing autonomous defense...

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Fortune

Preston Fore

Memo smearing Amodei circulated in White House before Anthropic CEO’s dinner with President Trump

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

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Fortune

Jim Edwards

Why the U.S.-China thaw is harder than it looks

Also: All the news and watercooler chat from Fortune.

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Fortune

Diane Brady

U.K. government’s AI lead has a message on frontier risks—it’s time to ‘harden and build defenses’

After warnings of an extinction-level event, Kaniskha Narayan, minister for artificial intelligence, wants the U.K. to take a lead on addressing the...

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Fortune

Kamal Ahmed

The U.S.-China relationship is on ‘tactical autopilot’ after the Xi-Trump summit. Maybe that’s not so bad

The two countries keep pulling apart, but a summit short on substance suggests that Beijing and Washington want stabilization, not a clean break.

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Fortune

Nicholas Gordon

Your 401(k) is funding the AI boom. Here’s what that means for your retirement

The passive-investing revolution was supposed to spread risk. Instead, it has tied millions of workers’ nest eggs ever more tightly to the fortunes...

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Fortune

Allie Garfinkle

Airbnb CEO Brian Chesky says he spends three hours a day on recruitment—and if his hiring managers don’t like his input, he tells them to leave

'I probably spend three hours a day recruiting,' Airbnb CEO Brian Chesky says. And he admits he stole the idea from his friend, ChatGPT boss Sam...

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Fortune

Orianna Rosa Royle

Sand deficit: Coastal erosion is so bad in California that the residents of this mostly Republican city may tax themselves to restore the beach

Coastal erosion has been eating away at the beach in San Clemente, known for nearly a century as a “Spanish village by the sea.”

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Fortune

Amy Taxin

Thinking about buying stocks instead of a home as mortgage rates top 7%? The S&P 500 has blown away the housing market over the past decade

"Buying a home also bundles two very important, but very different, decisions: where to live, and how to invest a large chunk of your life savings."

yesterday 2

Fortune

Jason Ma

Walmart CEO says that the retail giant and its AI shopping assistant aren’t using personal information to set prices amid rollout of digital labels

“Whether you’re buying groceries or electronics on a hot afternoon or in a sudden rush for an item, it’s never a reason to charge you more.”

yesterday 2

Fortune

Anne D'innocenzio

The U.S. may soon receive $600 million worth of Iranian oil that was seized earlier in the war, putting an ancient body of maritime law back in focus

The legal channel the administration is using to seize the tankers is known as prize law and has its roots in the Middle Ages.

yesterday 2

Fortune

Jason Ma

The U.S. economy is running hot and stuck on a hamster wheel as GDP growth must outpace borrowing costs—or else get sucked into a debt spiral

"With interest rates on new Treasury bonds and notes at around 5% and medium-term nominal economic growth expected to be closer to 4%, the U.S. is...

yesterday 8

Fortune

Jason Ma

Giorgio Armani’s will requires the sale of a 15% stake in his empire within 18 months of his death. LVMH, L’Oréal and EssilorLuxottica may split it

Chief Executive Giuseppe Marsocci told reporters backstage at the runway show that there were no favorites and that the stake could potentially be...

yesterday 6

Fortune

Colleen Barry

British police arrest five men for allegedly preparing a terrorism attack with explosives on a base used by U.S. bombers for Iran war

RAF Fairford, about 100 miles west of London, is one of several bases in Britain that has been used by the U.S. Air Force under an agreement dating...

yesterday 10

Fortune

The Associated Press

As soaring energy prices crush businesses, France rolls out a new $500 million aid package, including help with commuting and heating costs

Fuel prices that have spiked since the start of the Iran war on Feb. 28 are dealing a hard blow to small businesses across Europe.

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Fortune

John Leicester

Uber CEO says ‘really demanding’ work culture includes expecting employees to answer emails over the weekend: ‘Don’t come here if you want to coast’

Uber boss Dara Khosrowshahi said the most important skill in life is working hard: “I’m not going to let anyone outwork me.”

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Fortune

Emma Burleigh

Ex-Meta exec says Mark Zuckerberg taught him a lesson in work-life balance. Now he has strict rules for meetings and emails at his $1 billion tax firm

After years at Meta, Martin Ott learned from Mark Zuckerberg working smarter beats working longer: “It is making sure that you’re not about 24/7...

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Fortune

Orianna Rosa Royle

Baby boomers are setting up a showdown with millennials, aging in place and plunking down hundreds of thousands on renovating their homes

Millennials need homes, but because of high home prices and mortgage rates, baby boomers have little reason to sell.

yesterday 5

Fortune

Sydney Lake

As AI giants warn of existential risk, they can also build a competitive moat via safety. ‘It’s genius and they’re all going to make a lot of money’

AI giants can block smaller competitors' growth by positioning themselves as the safest bet for investors, according to Harrison Rolfes, a Pitchbook...

yesterday 5

Fortune

Garance Burke

One of the most biting insults in Alaska politics is hitting someone with the ‘Lower 48’ label — and it’s central to the U.S. Senate race

The pejorative label reflects a mystique about Alaska, which outsiders often refer to as “The Last Frontier."

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Fortune

Becky Bohrer

Transformative innovation and shifting balance: How boards can track stakeholder momentum

Data centers and prediction markets show why boards must watch shifting stakeholder power.

yesterday 9

Fortune

Jane Sadowsky

‘China has arrived’: From $1,000 Gucci sneakers to German cars, China is coming for the industries that made Europe rich

China learned from Europe's industrial giants, and now its factories are challenging them in cars, machinery and even luxury goods

yesterday 5

Fortune

Mia Osmonbekov

The making of Tim Cook: How Apple’s departing CEO went from ‘the genius behind Steve Jobs’ to a star in his own right

Fortune’s reporting from 2008 to 2017 traces Cook’s rise from operations chief to an Apple CEO.

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Fortune

Indrani Sen

Her school blocked ChatGPT. Now this 17-year-old high school senior runs an AI startup with 1,000 users

Navya Tuteja's school WiFi blocked ChatGPT and Claude: "It made me use it in school way less ... as annoying as it was, it was still good, in a way."

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Fortune

Nick Lichtenberg

EY Global Vice Chair: AI’s biggest paradox comes down to what AI can’t do

As AI automates work, human judgment becomes the skill companies need most.

yesterday 9

Fortune

Julie Teigland

With no heirs to leave it to, this billionaire is pouring his fortune into a Texas ghost town of about 25 people

John Poindexter, the 81-year-old founder of truck-body maker J.B. Poindexter & Co., wants to turn Shafter, Texas, into a living history museum.

yesterday 10

Fortune

Sydney Lake

In the affordability crisis, 37% of parents are counting on financial help from the Bank of Baby Boomers and can’t wait for the Great Wealth Transfer

The cost of childcare has led many families to turn to their parents before the Great Wealth Transfer.

yesterday 10

Fortune

Joshua Hong

I left 2 corporate careers to find purpose in Silicon Valley. Instead, I found it solving the wrong things

Silicon Valley is great at solving problems for the most comfortable people in the richest society in the world. What about the rest?

yesterday 10

Fortune

Alex Stephany

Gen Z aren’t ready for the workplace—and this youth job program CEO is giving them a crash course in emails and workplace etiquette to change that

Byron V. Garrett, the CEO of Genesys Works, says employers “want someone who's ready to go to work,” so it's training thousands of underserved...

yesterday 10

Fortune

Emma Burleigh

How Trump could wrest Citgo from Elliott Management and hand it back to Venezuela

The fate of Citgo may be decided by whether the Trump administration opts to hand it to Elliott or Venezuela.

yesterday 10

Fortune

Brandon Mulder

Teams take precautions after coach said comms can go down when Trump ‘enters the stadium, leaves the stadium or changes locations within the stadium’

Both schools worked with the Secret Service on audio channels in hopes of keeping communications clear.

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Fortune

Jim Vertuno

Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight

Tanker Trackers estimated that the total amount of crude oil exiting the U.S. blockade line is now 13 million barrels per day.

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Fortune

Jason Ma

Here’s how much worse U.S. debt could get as Treasury yields surge to the highest levels in two decades

Publicly held debt would explode to 222% of GDP by 2056, under a scenario where interest rates rise by 1 percentage point.

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Fortune

Jason Ma

An 87-year-old woman was evicted via stretcher from a Madrid apartment she lived in for decades, sparking mass protest against Spain’s housing crisis

The Bank of Spain estimated that the country had a shortage of about 550,000 homes last year, with Madrid, Barcelona and Valencia accounting for a...

previous day 7

Fortune

Alicia Leon

Trump’s new Medicaid rules will kick in, and GOP states are tougher. Someone may be too frail to work but can’t afford to see a doctor to prove it

While federal regulations say the state can take the recipient's word for it for the first year, at least six states are requiring documentation...

previous day 5

Fortune

Geoff Mulvihill

‘We are going to hold the crooks accountable.’ Democrats plan vast oversight of Trump administration after midterms—and impeachment is an option

“There is a cost to the American people of the out-of-control corruption,” said Democratic leader Hakeem Jeffries of New York.

previous day 7

Fortune

Lisa Mascaro

‘Godfather of AI’ explains how humanity could end: Even without a bad actor, AI ‘may derive subgoals that cause it to want to get rid of people’

"But at present, their main concern is not our well-being. Their main concern is to achieve whatever goal you give them."

previous day 6

Fortune

Jason Ma

ICE raids in states that voted heavily for Trump are causing meatpackers to lose millions in revenue, and even Republican lawmakers are speaking out

Meatpacking industry groups raised concerns Friday that recent heightened immigration operations in Texas, Kansas and Oklahoma have caused employees...

previous day 5

Fortune

Heather Hollingsworth

After Iran makes new offer to fully reopen the Strait of Hormuz, Trump posts a map on social media calling it the ‘Trump Strait’

Iran’s pitch to President Donald Trump said a quick deal might help him in the midterm elections in November.

previous day 3

Fortune

Cara Anna