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Personal FinanceTop JPMorgan analyst maps 5 ways America’s debt crisis could unfold—and the ‘best case’ is still alarming

JPMorgan’s David Kelly maps out five scenarios for the national debt over the next decade — the best-case is pretty, pretty bad.

By Nick LichtenbergMay 28, 2026
SpaceX’s $80 billion IPO has a catch: 78% of the money is already spoken for
InvestingSpaceX’s $80 billion IPO has a catch: 78% of the money is already spoken for
By Shawn TullyMay 28, 2026
Most Powerful Women
Most Powerful Women
By FortuneMay 27, 2026
Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
MagazineCiti’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
By Claire ZillmanMay 27, 2026
Latest
More Americans are going hungry now than during the pandemic, as people face a ‘remarkable’ rise in food insecurity, New York Fed says2 hours ago
UBS says Ron DeSantis has a problem with his plan to help 92% of homeowners save on property taxes: His own state’s data2 hours ago
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says there’s one department still hiring: sales3 hours ago
Jane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround3 hours ago
Pope Leo XIV presenting his 'AI encyclical' at the Vatican in Rome. The Pope, dressed in white, is sitting in a large chair with a laptop open in front of him and flowers arranged on the table in front of the laptop,
NewslettersPope Leo’s ‘AI encyclical’ says a lot. But critics say it misses the mark
By Jeremy KahnMay 26, 2026
Rear view of a depressed non binary person looking out of their bedroom window on a sunny day - negative emotion
EconomyAmerica is becoming less neighborly, and it’s hurting Gen Z and millennials’ chances at economic mobility
By Tristan BoveMay 26, 2026
Bill Winters, chief executive officer of Standard Chartered
SuccessAfter receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI
By Emma BurleighMay 26, 2026
Perceptic cofounders Tilman Flock (left), Zaki Trache (center), and Martin Copes.
AIExclusive: Perceptic, a startup automating drug discovery end-to-end for Big Pharma, emerges from stealth with $12 million in seed funding
By Jeremy KahnMay 26, 2026
Best Workplaces in The Bay Area
25 Best Large Workplaces in the Bay Area
By Fortune EditorsMay 26, 2026
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
EconomyRussia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
By Jason MaMay 24, 2026
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
MagazineInside the ultra-luxury eco-adventure industry turning conservation into a status symbol
By Adam EraceMay 24, 2026
It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
EnergyIt took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off
By Jordan BlumMay 24, 2026
Newsletters
MPW DailyBy Claire Zillman
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Jane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround
CFO DailyBy Sheryl Estrada
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The CFOs steering Big Tech’s trillion-dollar AI bet
CEO DailyBy Diane Brady
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Why some CEOs still choose Europe over the U.S.
Term SheetBy Allie Garfinkle
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The key disclosures missing from SpaceX’s S-1
Fortune TechBy Andrew Nusca
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With subscription plans, Meta finally moves to diversify its revenue
CIO IntelligenceBy John Kell
Sanofi is building its own AI ecosystem to give the French pharma giant an edge
Fortune Workplace Innovation Summit
Becky Schmitt, the chief people officer of PepsiCo
Future of WorkPepsiCo CPO says their ‘secret sauce’ to hiring top talent is that they all have hustle—And are agile and curious in the AI era
By Emma BurleighMay 25, 2026
Beyond the diploma: Skills that actually get graduates hired
Future of WorkBeyond the diploma: Skills that actually get graduates hired
By Ashley LutzMay 22, 2026
Svenja Gudell, chief economist at Indeed
SuccessIndeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
Gabrielle Judge, a content creator known as “Ms. Anti Work"
SuccessFounder of Ms. Anti Work says her ‘lazy girl job’ allowed her to only work a few hours a day—and she built her media company on the side
By Emma BurleighMay 22, 2026
AI
Marc Benioff, chief executive officer of Salesforce
SuccessAs AI slashes white-collar jobs, Salesforce CEO Marc Benioff says there’s one department still hiring: sales
By Emma BurleighMay 28, 2026
Costco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
SuccessCostco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
By Preston ForeMay 28, 2026
Boos, AI-washing, and ‘low-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
C-SuiteBoos, AI-washing, and ‘low-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
By Claire ZillmanMay 28, 2026
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CommentaryWe gave our 5,000 employees a week to do nothing but learn AI. We learned the biggest blockers are human ones 
By Rob GiglioMay 28, 2026
Term Sheet podcast
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This creator investor on the truth about the AI gold rush | Term SheetMay 13, 2026
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From a Palo Alto closet to $1 billion revenue: how Gusto cracked small business software | Term SheetMay 7, 2026
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How to raise a CEO: The "Godmother of Silicon Valley" Esther WojcickiApril 22, 2026
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The Startup Fighting to Save the American Farm with Modern FinanceApril 8, 2026
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How Winston Weinberg built his $11 billion AI Company | Term SheetMarch 18, 2026
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Why revenue is an outdated metric | Term SheetFebruary 18, 2026
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Chemistry cofounder: "more talented founders than ever" are moving into health care | Term SheetFebruary 4, 2026
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Exelon CEO on if our utilities can handle the AI boom | Term SheetJanuary 21, 2026
Success
Marc Benioff, chief executive officer of Salesforce
SuccessAs AI slashes white-collar jobs, Salesforce CEO Marc Benioff says there’s one department still hiring: sales
By Emma BurleighMay 28, 2026
Costco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
SuccessCostco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
By Preston ForeMay 28, 2026
Warren Buffett says ‘you’re giving up your potential’ if you don’t have this one skill—and it has nothing to do with the stock market
SuccessWarren Buffett says ‘you’re giving up your potential’ if you don’t have this one skill—and it has nothing to do with the stock market
By Sydney LakeMay 28, 2026
Jan van Hövell built the world's largest sports club where membership is just a Euro a month.
SuccessHe left big law, became a DJ to pay his bills, and built sports clubs inside refugee camps. Now he wants more members than Bayern Munich
By Catherina GioinoMay 28, 2026
Energy
Current price of oil as of May 28, 2026
Personal FinanceCurrent price of oil as of May 28, 2026
By Joseph HostetlerMay 28, 2026
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InvestingS&P 500 sets all-time high, welcomes another company to $1 trillion market cap club
By Stan Choe and The Associated PressMay 27, 2026
Current price of oil as of May 27, 2026
Personal FinanceCurrent price of oil as of May 27, 2026
By Joseph HostetlerMay 27, 2026
ai
CommentaryHow Sam Altman fooled Sundar Pichai — and pushed Google into cannibalizing itself
By Sunil SharanMay 27, 2026
From the Magazine
MagazineKen Griffin wants to reshape Miami—and maybe American politics

The mega-donor Republican is betting the Sun Belt is the future of American enterprise, and breaking with the president on trade and immigration.

By Shawn TullyMarch 31, 2026
Who owns ideas in the AI age?
MagazineWho owns ideas in the AI age?
By Francesca CassidyApril 8, 2026
Anthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
MagazineAnthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
By Matthew Heimer and Nicolas RappApril 7, 2026
Fortune Archives: Who gets a seat at the table?
MagazineFortune Archives: Who gets a seat at the table?
By Indrani SenApril 5, 2026
The Walmart billionaires next door: Quiet backlash is brewing against the heirs who remade the retailer’s hometown
MagazineThe Walmart billionaires next door: Quiet backlash is brewing against the heirs who remade the retailer’s hometown
By Jessica MathewsApril 3, 2026
Fortune Rankings
Fortune 100 Best Companies to Work For
Fortune 100 Best Companies to Work For
By FortuneApril 1, 2026
Fortune World's Most Admired Companies
World’s Most Admired Companies
By FortuneJanuary 21, 2026
Fortune 500 Europe logo
Fortune 500 Europe
By FortuneOctober 29, 2025
Fortune 500
Fortune 500
By FortuneJune 2, 2025
Leadership
Marc Benioff, chief executive officer of Salesforce
SuccessAs AI slashes white-collar jobs, Salesforce CEO Marc Benioff says there’s one department still hiring: sales
By Emma BurleighMay 28, 2026
Jane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround
NewslettersJane Fraser defied the ‘glass cliff’ to engineer Citi’s long-awaited turnaround
By Claire ZillmanMay 28, 2026
Costco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
SuccessCostco CEO says AI is not stealing workers’ jobs—it’s ‘elevating’ them
By Preston ForeMay 28, 2026
Boos, AI-washing, and ‘low-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
C-SuiteBoos, AI-washing, and ‘low-value human capital’: The psychological traps CEOs are falling into when they botch their AI messaging
By Claire ZillmanMay 28, 2026
Fortune Crypto Playbook
Crypto is entering its ‘collared-shirt’ era says Andreessen Horowitz partner Guy Wuollet
CryptoCrypto is entering its ‘collared-shirt’ era says Andreessen Horowitz partner Guy Wuollet
By Jeff John RobertsMarch 27, 2026
Trump’s memecoin does have a purpose: Access to the White House
CryptoTrump’s memecoin does have a purpose: Access to the White House
By Fortune EditorsMarch 20, 2026
Kraken co-CEO Arjun Sethi on why the crypto exchange’s new Fed master account access and NASDAQ partnership isn’t designed to ‘disrupt the banking system’
CryptoKraken co-CEO Arjun Sethi on why the crypto exchange’s new Fed master account access and NASDAQ partnership isn’t designed to ‘disrupt the banking system’
By Leo SchwartzMarch 13, 2026
Crypto industry could get its long-awaited bill as soon as July, says longtime D.C. insider
CryptoCrypto industry could get its long-awaited bill as soon as July, says longtime D.C. insider
By Jeff John RobertsMarch 6, 2026
Features
Photo of Marc Benioff
MagazineSalesforce CEO Marc Benioff turned his earnings call into a vodcast. Why other Fortune 500 CEOs might follow
By Rachel VentrescaMay 6, 2026
The American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition
MagazineThe American Express CEO defied haters who said he’d never have the top job—winning with millennials and Gen Z and trouncing the competition
By Shawn TullyMay 6, 2026
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
MagazineA Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
Anduril CEO Brian Schimpf
MagazineInside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup
By Allie GarfinkleMay 6, 2026
The AI Economy
MagazineHow EarthRanger uses AI to help protect endangered species—and boost the wildlife tourism industry

EarthRanger is an AI-integrated data visualization and analysis software platform that gives conservationists the real-time information they need to keep animals, habitats, and communities safe.

By Alexandra KirkmanMay 18, 2026
Photo montage of a person working on a laptop surrounded by tech imagery
AISolo founders are using AI to do the work of entire teams—but going it alone has limits
By Beatrice NolanMay 18, 2026
The smartphone’s days are numbered. Meet the device that could come next
AIThe smartphone’s days are numbered. Meet the device that could come next
By Alyson ShontellMay 18, 2026
Photo collage of people at work
AIAfter AI stole his clients, one Big Tech ghostwriter is using AI to get them back
By Sage LazzaroMay 18, 2026
Photo montage of machines that make up a car wash
AIHow a mom-and-pop car wash chain went from sticky notes to AI-powered operations that are upleveling every part of the company
By Sage LazzaroMay 18, 2026
Real Estate
ron
Personal FinanceUBS says Ron DeSantis has a problem with his plan to help 92% of homeowners save on property taxes: His own state’s data
By Nick LichtenbergMay 28, 2026
Current ARM mortgage rates report for May 28, 2026
Personal FinanceCurrent ARM mortgage rates report for May 28, 2026
By Glen Luke FlanaganMay 28, 2026
Current refi mortgage rates report for May 28, 2026
Personal FinanceCurrent refi mortgage rates report for May 28, 2026
By Glen Luke FlanaganMay 28, 2026
Mortgage rates today, May 28, 2026
Personal FinanceMortgage rates today, May 28, 2026
By Glen Luke FlanaganMay 28, 2026
Great Place to Work Rankings
Fortune 100 Best Companies to Work For Southeast Asia 2025 logo
Fortune 100 Best Companies To Work For – Southeast Asia
By Fortune and Great Place To WorkDecember 1, 2025
Best Large Workplaces for Parents
Best Large Workplaces for Parents
By Fortune and Great Place To WorkNovember 18, 2025
World’s 25 Best Workplaces
World’s 25 Best Workplaces
By FortuneNovember 13, 2025
100 Best Large Workplaces for Women
100 Best Large Workplaces for Women
By FortuneOctober 23, 2025
Commentary
stock exchangesBy James H. Lee
Texas Stock Exchange CEO: exchanges can build on Exxon’s retail model to rein in proxy advisors
RestaurantsBy Pete Suerken
Wendy’s U.S. President: the CEO burger battles exposed a truth every brand leader needs to hear
TrainingBy Rob Giglio
We gave our 5,000 employees a week to do nothing but learn AI. We learned the biggest blockers are human ones 
LeadershipBy Brandi Thomas
The boardroom wants answers on AI. Are you ready?
GoogleBy Sunil Sharan
How Sam Altman fooled Sundar Pichai — and pushed Google into cannibalizing itself
LeadershipBy Gil Mandelzis
I’ve been a CEO for 25 years. The AI hype and hysteria is getting old
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