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The Latest Breaking News from Fortune

Big Tech is about to spend $700 billion on AI this year. No one knows where the buildout ends.

The hyperscalers are pouring unprecedented capital into chips, data centers, and power—but investors remain split on how long the surge can last.

Fortune

China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard

The USGS estimates there’s 2.3 million metric tons of lithium oxide untapped in parts of Appalachia.

Fortune

Record heat, zero rain, millions of acres lost: Experts warn wildfires are now America’s problem to survive

This year already promises to be a “historic” one for fires, immediately testing Trump’s new firefighting strategy.

Fortune

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GM just boosted its U.S. manufacturing spend to $6 billion in one year—and it may be returning to the idea that made it great

GM used to say, “A car for every purse and purpose.” Now, SVP Mike Trevorrow tells Fortune, “we have a wide variety of vehicles for everyone.”

Fortune

America shot its arsenal empty in 2 wars. Now it needs Beijing's permission to reload

The Iran and Ukraine conflicts have drained U.S. missile stockpiles — and restocking requires rare earth materials that China controls with an iron fist.

Fortune

Your laundry bill is about to get more expensive—and Unilever says the Iran war is partly to blame

“There will be frequent price increases, but in small doses,” Unilever CFO Srinivas Phatak told analysts on Thursday.

Fortune

AI may hurt young workers, but it's helping boost retirees’ portfolios

AI can be “incredibly dangerous” for Gen Z, wealth advisor Jonny Jonson told Fortune, but “actually great” for older workers’ portfolios.

Fortune

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High earners are feeling the pain of wealth creep—and it's led to a new trade-off in their spending

Some high earners are skipping their morning latte and putting that money into things they value more, like vacations, restaurants, and concerts.

Fortune

Half of Google's and Amazon's 'blowout AI profits’ came from a stake in Anthropic—not from their actual business

Anthropic is the secret sauce this earnings season, as unrealized gains on the private company are so powerful they're adding billions of shareholder worth to their partners.

Fortune

Why premium card perks are 'designed to create a win-win-win for everyone' including banks, brands, and users

As consumers hunt for savings, elite credit cards are leaning on partner perks that can help offset costs and turn rewards into household budgeting.

Fortune

Public schools in Texas banned cellphones. One district has already seen 200,000 more library books checked out

Library book checkouts at one Texas school district jumped nearly 25% just months after a cellphone ban—but for many Gen Z and Gen Alpha students, the literacy crisis may already run too deep to reverse.

Fortune

Multimillionaire hedge fund manager Bill Perkins says money should ‘drive your fulfillment while you're alive’—so he’s spending it all before he dies

Bill Perkins, the multimillionaire “Cowboy of Wall Street,” is enjoying his fortune with fine art, longevity treatments, and $16,000 gifts to friends.

Fortune

For the first time since World War II, America owes more than it produces—and a leading fiscal watchdog is sounding the alarm

“We’ve heard plenty of alarm bells in the past few years about our fiscal path,” said Maya MacGuineas of the CRFB, “but this one rings especially loudly.”

Fortune

Elon Musk likes Bitcoin—but he just told a jury most crypto coins are scams

The billionaire’s thoughts on crypto came up during the OpenAI trial

Fortune

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Marriott CEO on why you have to defend both DEI and ICE's right to a hotel room: Dictating values is a 'bad place for the country'

Tony Capuano told Fortune that core values and a strong culture are "a great true north when you're trying to navigate these crazy times."

Fortune

Days after trolling billionaire Ken Griffin, Mamdani suggests King Charles should return a crown jewel to India

It's unclear if Mamdani told King Charles to his face to return the Koh-i-Noor diamond, a crown jewel since the mid-19th century.

Fortune

For years, the risk Jamie Dimon was most concerned about was geopolitics. His answer has shifted

“The bad guys can use cyber, and they’re going to get stronger and more powerful in terms of finding vulnerabilities.”

Fortune

"Competition is good for the industry”. Inchcape CEO’s case for optimism in automotive’s next chapter

From the rise of Chinese competitors to supply chain shocks and the limits of top-down EV mandates, the global auto industry is entering a more complex—and more competitive—phase of transformation where consumer demand, not regulation, will determine the winners

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Fortune

How AstraZeneca's 17,000 AI-certified employees are helping it reach a 'stretch goal' of $80 billion in revenue

CFO Aradhana Sarin breaks down the building blocks behind the revenue target and reflects on a strong Q1.

Fortune

Current price of oil as of April 30, 2026

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

Fortune

Trump-tied public crypto company buys startup from one-time ‘cannabis king’ who serves as current advisor in deal worth up to $43 million

The public company, AI Financial, struck a deal in August with a Trump family crypto outfit to stockpile $1.5 billion in Trump-linked cryptocurrency.

Fortune

Hyatt's CEO has built a 'family' culture for 20 years. Now he's leaning on it

As geopolitical shocks and a fractured workforce test his industry, Mark Hoplamazian tells Fortune that caring for people isn't soft — it's strategic.

Fortune

Why your data infrastructure — not your AI model — will determine whether Agentic AI scales

Most enterprises are burning AI budgets on tools they're not ready to use. The constraint isn't compute — it's the messy, siloed data underneath.

Fortune

The startup that wants to give surgeons X-ray vision

Illuminant—founded in 2021 to build “X-ray vision” for doctors—has raised an $8.4 million seed round, Fortune has exclusively learned.

Fortune

The global economy has a month—eight weeks at most—to avoid a recession, warns top economist

“The irony in all this is that the U.S., which started the war, does better in relative terms than anybody else because of its energy supplies.”

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