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The Latest Breaking News from Fortune

How the World Cup is a high-stakes stage for Big Tech’s AI push

The World Cup, which kicks off on June 11, is a big moment for large tech players such as Lenovo, Google, and Salesforce to show off their AI capabilities.

Fortune

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

As the Strait of Hormuz remains closed for the fourth month, “one development stands out: prices have become remarkably calm,” JPMorgan analysts said.

Fortune

Anthropic walks back covert capability limits on Claude Fable 5, after it was accused of ‘secret sabotage’

A paragraph buried in Fable 5’s 319-page system card revealed the model would silently downgrade its responses for certain AI development work—without telling users.

Fortune

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A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out

The investment is part of the company’s larger plan to spend $600 billion on its U.S. data center build-out by 2028.

Fortune

Xbox’s CEO spent her early career taking out trash and selling coupon books—she says the secret to her rise was never obsessing over a dream career

Xbox CEO Asha Sharma never mapped her way to the C-suite—she just mastered whatever was in front of her. The CEOs of Costco and Microsoft agree.

Fortune

The architect behind Claude Code reveals the three things Anthropic looks for in a good hire—and why people with low ego are a must

Anthropic’s exec Boris Cherny reveals why being humble makes job applications stand out at the hottest AI company right now: "Ego just gets in the way of stuff."

Fortune

Meryl Streep says she was ‘ready to retire’ when the call for ‘Devil Wears Prada’ came—so she demanded they double her salary or nothing

Meryl Streep says she was lowballed when offered the role of Miranda Priestly in “The Devil Wears Prada”—so, ready to retire anyway, she demanded double.

Fortune

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OpenAI and Nvidia CEOs didn’t flinch at Trump’s $100,000 H-1B visa fee, and now they’re paying up as their application numbers soar

While frontier AI companies boost their number of foreign workers, other tech giants with much larger workforces are cutting back.

Fortune

Inflation is back above 4% for the first time since 2023—but Kevin Warsh might catch a break

Core inflation stayed tame, easing hawkish worries at the Fed.

Fortune

Current price of oil as of June 10, 2026

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

Fortune

Finance teams can't quit Excel. Workday wants to change that with AI

As AI reshapes financial planning, Workday is positioning its latest platform to replace the spreadsheet sprawl that's long plagued FP&A teams.

Fortune

Mastercard launches protocol to let AI agents pay each other, send micropayments

Agent Pay for Machines is one of a slew of recent attempts from big companies to build payment networks optimized for AI.

Fortune

‘The circulatory system is not working.’ Goldman on what’s really wrong with private markets

Goldman Sachs’ top private markets executives say the industry has reached a structural inflection point—not a crisis. Not everyone agrees.

Fortune

Jamie Laing thinks tomorrow's Fortune 500 will be built by creators. He might be right

Creator-led brands have been easy to dismiss as novelties built on borrowed fame. But their cultural fluency, agility and proximity to consumers make them better equipped to build lasting businesses, argues Candy Kittens co-founder and reality star Jamie Laing.

Fortune

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AI drug discovery leaders warn U.S. health funding cuts risk falling behind global rivals

Executives from Lila Sciences and NVIDIA told Fortune that the convergence of AI and biology could redefine global competitiveness for decades.

Fortune

U.S. emergency oil supplies are lower now than at any time since Reagan—and heading toward panic levels

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

Fortune

A ‘MAGA Warrior’ Texas ag chief is publicly blasting the USDA over a flesh-eating pest threatening America's beef supply

The flesh-eating New World screwworm fly was found in Texas last week for the first time since 1966.

Fortune

From the Trump administration to Kevin O’Leary, there’s a new narrative that China is to blame for plummeting data center popularity

“China is a common and comfortable boogeyman in American politics, for right or for wrong,” one political scientist told Fortune.

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Fortune

Health care's AI dividend is real. The fight now is over who reaps the gains

Also: All the news and watercooler chat from Fortune.

Fortune

Saudi economy redraws ambitions—‘going local’ is the new buzz phrase

After a decade of dizzying investments, Saudi Arabia is now focused on domestic priorities.

Fortune

America’s emergency oil reserve is about to hit its lowest level since Reagan was in office

The Trump administration has drained 66 million barrels from the SPR since the war in Iran began.

Fortune

A $7 billion horse race: Goldman Sachs and Morgan Stanley battle to lead OpenAI and Anthropic IPOs

Only one bank can occupy the coveted lead underwriter position for this year's hottest AI IPOs.

Fortune

Visa’s CFO views stablecoins and AI commerce as a long-term bet: ‘They won’t pay off in the next six months, but could over the next six years’

“I’m hesitant to lean into the stablecoin and agentic commerce narratives too much,” Chris Suh, Visa’s chief financial officer, tells Fortune.

Fortune

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45.

The Wonder founder is automating fast-casual food with machines that make salad and poke bowls, sauces, and eventually drinks but there are few roles for humans in these kitchens.

Fortune

Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim

After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP.

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