The Houthis’ Saudi attacks are ‘unprecedented.’ Trump wants to ‘ignore’ them until the midterms, but the chaos may force U.S. to respond
The Houthis are "misbehaving very badly," but the U.S. is doing little in reply—for now.
Fortune AI5 min read
Fortune
281 stories
Chevron CEO warns oil buffers that cushioned the Iran war shock have been ‘drained’—and diesel relief may not come until 2027
Mike Wirth says commercial stockpiles, emergency reserves, and once-sanctioned barrels have all been tapped, leaving the global energy system more exposed just weeks before the midterms.
Fortune AI4 min read
Wall Street’s earnings split: Goldman’s $18.7 billion blowout quarter—and why JPMorgan and BofA fell short
JPMorgan announced its first earnings miss in almost three years, while Goldman delivered its second-highest quarterly net revenue ever. A $1.2 billion regulatory penalty weighed on Bank of America's already lackluster quarter.
Fortune AI5 min read
As Social Security races toward insolvency, retirees are getting their biggest COLA boost in 4 years
The AARP's Rich Johnson said family budgets "have been under increasing pressure because of rising prices."
Fortune AI3 min read
An early Anthropic backer predicts a post-IPO valuation of up to $2.4 trillion, topping SpaceX
Says this VC, Anthropic "will continue to be one of these names where people say, I feel like I have to own it."
Fortune AI3 min read
It’s not just billionaires fleeing Britain—fed up with grey skies, crumbling healthcare and the tax bill, a record 69,300 workers have left the U.K.
Forget billionaires dodging tax: a record number of taxpayers have quit the U.K., and a career coach says lots just want sunshine and better healthcare.
Fortune AI3 min read
Lawyer of arrested OpenAI engineer says allegations are ‘wholly out of character,’ one-way ticket to Saudi Arabia with wife and child was pre-booked
The arrest was a "surprise," said the attorney, and the suspect, Abdulrahman Alfozan, was "proud" to be an OpenAI employee.
Fortune AI3 min read
Razer’s CEO waited 20 years for everyone to become a gamer. He says AI is finally making it happen
After going private in 2022, the gaming hardware maker is betting on AI companions, camera-equipped headsets, and game-testing tools.
Fortune AI5 min read
The question behind AI panic: What happens to me if it works?
Workers may hide AI gains when working faster makes them look replaceable. Employers need to give them a reason to share.
Fortune AI5 min read
FBI arrests OpenAI employee accused of planting secret recording device in conference room
The suspect, Abdurahman Alfozan, is a Saudi national who joined OpenAI in 2025.
Fortune AI4 min read
Applied Materials’ $5 billion AI lab aims to cut chip development time in half—and restore Silicon Valley’s edge
Applied Materials, the leading maker of chipmaking equipment, officially unveiled its EPIC chip R&D center with partner companies including Intel, Micron, SK Hynix, and Samsung Electronics.
Fortune AI4 min read
Tech companies are overhauling company structures to justify AI spending, and it means AI agents could start appearing on org charts, Block CFO says
"I do think we're headed into a new frontier as to what the organization looks like," said Amrita Ahuja, Block's chief financial officer and chief operating officer.
Fortune AI3 min read
Jennifer Siebel Newsom on her legacy as California’s First Partner: Equal pay ‘wasn’t enough,’ so she turned to women’s wealth
At Fortune’s Most Powerful Women Summit, Jennifer Siebel Newsom pointed to financial literacy, savings programs, and capital for female founders as part of her push to close the women’s wealth gap.
Fortune AI3 min read
Sam’s Club CEO Latriece Watkins says she feels most powerful watching the people she’s invested in succeed
Latriece Watkins says helping others succeed has been mutually beneficial, and advises business leaders to set aside time to get leadership clarity.
Fortune AI3 min read
‘We talk ourselves out of it’: Entrepreneur Emma Grede never second-guesses herself
Grede is the cofounder of $5 billion shapewear brand Skims alongside Kim Kardashian and husband Jens Grede.
Fortune AI3 min read
The GOP billionaire behind the biggest political gift in U.S. history could be sued for allegedly fueling a Chicago rat infestation
A city document says Barre Seid has paid workers for three years to scatter nuts in Lincoln Park, but officials say the practice draws rats.
Fortune AI3 min read
More than a third of Americans earning over $500,000 say they’re living paycheck to paycheck, Goldman Sachs finds
Nearly half of $500K-plus households pay only the minimum on their credit cards, and 80% have put off a major financial goal—more than middle earners on both counts.
Fortune AI4 min read
Walmart heir Olivia Walton didn’t get the postpartum care she needed. Now, she’s investing $100M to halve the U.S. maternal mortality rate in 5 years
Olivia Walton, who founded Healthy Moms, Healthy Babies America, is using “every tool in the toolbox” to improve maternal health—and called on employers to ramp up their benefits.
Fortune AI3 min read
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