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The Latest Breaking News from Fortune

Spirit Airlines looked like it was in the clear of reemerging from bankruptcy, but rising fuel costs threaten its exit

The budget-friendly airline had planned to exit its second bankruptcy by the summer. Now, it’s at risk of liquidation.

Fortune

It’s crunch time for Kevin Warsh: Here’s how he might try to begin selling the idea of rate cuts. It requires some complex economic gymnastics

“In a way, one can afford a lower interest rate with a smaller balance sheet.”

Fortune

Current price of oil as of April 20, 2026

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

Fortune

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Top HR leaders warn against using AI as cover for mass layoffs

HR leaders warn that using AI to justify layoffs is a shortsighted strategy.

Fortune

Warren Buffett’s favorite market indicator is flashing a warning

A new Fortune analysis breaks down what it means for investors today.

Fortune

The crypto industry and prediction markets share a mission of disruption—but it’s not clear where crypto fits in

Big crypto players Coinbase and Robinhood view platforms like Polymarket and Kalshi as allies and rivals.

Fortune

The hidden ROI of AI: What leaders should actually measure

How enterprises can bridge the gap between AI experimentation and real business impact.

Fortune

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How Carvana went from a 99% stock plunge to record profit in 3 years

Carvana has staged a strong comeback since its near-collapse in 2022.

Fortune

Private markets have soared to $10 trillion in AUM. But why have they underperformed public markets?

The private markets hold a contradiction that’s potentially nearing a turning point.

Fortune

U.S. stock futures tumble as Iran refuses Trump's 'deal' and Strait stays shut

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

Fortune

Cisco's John Chambers lived through the dot-com crash. He says the AI bubble is harder to navigate

Also: All the news and watercooler chat from Fortune.

Fortune

Southeast Asia’s short-term solution to the global energy crunch? Russian crude

Malaysia joins a growing number of Southeast Asian nations hoping to tap Russia’s stocks of crude oil.

Fortune

Exclusive: Your delivery robot will now offer the blind real-time, on-the-ground eyes around sidewalk hazards

Coco Robotics is partnering with BlindSquare, the world’s most popular GPS app for the blind, to turn data from delivery robots into spoken alerts.

Fortune

The director of the Congressional Budget Office—known for its gloomy national debt data—is very optimistic that a crisis will be avoided entirely

“Making progress to address the fiscal trajectory would be a positive for the U.S. economy,” Swagel said. “We can’t go on [with] the scolding narrative.”

Fortune

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Fortune

Kalshi’s fight over sports betting is hurtling toward the Supreme Court—and the future of gambling is at stake

Kalshi is in a make-or-break fight to preserve a lucrative new prediction markets industry, expected to grow to over $200 billion this year.

Fortune

Markets shudder as Strait of Hormuz starts resembling a combat zone. 'We're prepared to subject you to disabling fire'

Tensions in the Gulf escalated Sunday, when the Navy seized a ship for the first time as part of its blockade, with a destroyer firing at a vessel attempting to evade the dragnet.

Fortune

The explosion of U.S. debt is wiping out the 'safety premium' of Treasury bonds, and time is running out for an orderly fiscal solution, IMF warns

“In other words, Treasuries now offer a higher yield than the synthetic-dollar equivalents for hedged G10 sovereign bonds.”

Fortune

Federal government launches broad probe into mysterious disappearances and deaths of top scientists. ‘We haven’t found anything alarming yet’

“A lot of the nuclear security scientists are in DOE. So yes, of course we are looking into this.”

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news in one place.

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Fortune

Elon Musk bans résumés and cover letters in hiring for his chip team. These are the 3 bullet points he’s looking for instead

The Tesla CEO is nixing the résumé, following a growing trend in recruiting that emphasizes skills over credentials.

Fortune

Thousands of CEOs admit AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago

In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”

Fortune

Gen Z is 'Chinamaxxing'—and it's less a love letter to Beijing than an indictment of America

A viral TikTok trend is handing Beijing a cultural moment that decades of propaganda never could. Are we entering the Chinese century?

Fortune

For wealthy buyers, Mar-a-Lago's security perimeter is Palm Beach's hottest amenity

An indefinite road closure on Billionaires’ Row was supposed to be a hassle. Agents say it’s become a sales pitch.

Fortune

Parents are so panicked about the job market they're paying career coaches $15,000 years before their kids graduate from college

As the job market grows more brutal for new grads, an industry of high-end career coaches is cashing in on parental anxiety, starting sophomore year.

Fortune

Home healthcare is propping up the labor market, but fewer hours, high burnout, and an immigration crackdown threaten to topple it

“The current system right now is unsustainable,” one economist said. As baby boomers age, the problems may only intensify.

Fortune

The economist who was terrified of AI just found a rare reason for hope

Alex Imas spent years warning AI could collapse labor markets and crater demand. But he's been working on a new theory about what could go right.

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