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Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’

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Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

3

Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers—‘or you’re neurodivergent’

1

Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’

2

Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

3

Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers—‘or you’re neurodivergent’

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Sign up for Fortune’s CFO Daily newsletter here. Each week day, senior reporter Sheryl Estrada offers an authoritative exploration of the latest trends and news impacting the corporate finance industry and the evolving role of today’s finance leaders.

Ship captains and crews transiting the Strait of Hormuz make so much danger pay that they’re ‘almost being viewed as mercenaries’

Ship captains and crews transiting the Strait of Hormuz make so much danger pay that they’re ‘almost being viewed as mercenaries’

Tanker captains can earn $100,000 a month for transiting the strait, plus a $50,000 bonus for each trip, and sailors can make at least four to six times their normal rates.

By Jason MaOctober 10, 2026

‘Fantasy economics’ hit reality: Boomer vs. Gen Z fight roils France as pension costs drive debt crisis and education cuts that fuel student riots

‘Fantasy economics’ hit reality: Boomer vs. Gen Z fight roils France as pension costs drive debt crisis and education cuts that fuel student riots

By Jason MaOctober 10, 2026

Russia’s deal to supply the U.S. with diesel is unlikely to ease pain at the pump, experts say. ‘It’s kind of shuffling deck chairs on the Titanic’

Russia’s deal to supply the U.S. with diesel is unlikely to ease pain at the pump, experts say. ‘It’s kind of shuffling deck chairs on the Titanic’

By Alex Veiga and The Associated PressOctober 10, 2026

gila

What a desert lizard teaches us about patents and the GLP-1 revolution

By Dr. Bowman HeidenOctober 10, 2026

EU says trade deal could cut up to 50% of Chinese EV and plug-in hybrid imports and lower tariffs for some European exports to China

EU says trade deal could cut up to 50% of Chinese EV and plug-in hybrid imports and lower tariffs for some European exports to China

By Sam McNeil, Kanis Leung, Elaine Kurtenbach and The Associated PressOctober 10, 2026

Lloyd Blankfein, former CEO of Goldman Sachs

Ex Goldman Sachs CEO got into Harvard University at 16 from public housing—and says higher education is the best way to break into the middle class

By Emma BurleighOctober 10, 2026

More in Economy

Young Asian woman holding credit card and various expense receipts, handing personal banking and finance with laptop at home.

Gen Z is on track to become the richest generation, but risks getting caught in a ‘cycle that is easy to fall into and hard to break alone’

Gen Z isn’t just racking up credit card debt, they are also carrying shame.

By Joshua HongOctober 10, 2026

‘Trojan horse’: California’s top 1% pay nearly half the state’s income taxes. Prop 40 opponents warn the billionaire tax could reach everyone else

The state legislature could modify Prop 40 with a two-thirds vote, but courts would also weigh in on any attempts to stretch the scope to all taxpayers.

By Jason MaOctober 9, 2026

Authorities said Houthi-claimed attacks on Riyadh airport killed three Saudi citizens, as airlines suspend at least 124 flights

A deadly attack on Riyadh’s King Khalid International Airport marks a new escalation in the Iran war as oil prices and air travel stay volatile

By The Associated Press, Cara Anna and SALLY ABOU ALJOUDOctober 9, 2026

‘A very leaky pipeline’: 1.7 million trade jobs will open each year through 2035—and experts are scrambling to figure out how to fill them

A new report finds a graying workforce and Gen Z retention problems are making it harder to fill ever-expanding skilled trade roles.

By Sasha RogelbergOctober 9, 2026

More in Economy

More in Banking

Milos Maricic: listen for the AI number on next week’s bank calls

Milos Maricic: listen for the AI number on next week’s bank calls

Economists have described tech bubbles in detail. The most remarkable thing about the AI cycle might be how closely it follows the blueprint.

By Milos MaricicOctober 9, 2026

Top CD rates from major banks on October 9, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

A deposit account at a bank you already recognize can be a safe way to earn interest on your money.

By Joseph HostetlerOctober 9, 2026

‘You decided to evade them’: Former HSBC banker ‘clearly in a financial position to pay’ banned from finance for dodging $7,800 in fares

Joseph Molloy was banned not only from working in regulated financial services but also from the railway operator.

By Catherina GioinoOctober 9, 2026

Today’s top high-yield savings rates: Up to 4.50% on Oct. 9, 2026

Check out the highest savings account rates available today. Some high-yield savings accounts are still offering rates around 5%.

By Glen Luke FlanaganOctober 9, 2026

More in Banking

Personal Finance

More in Personal Finance

‘Are we rich?’ The question billionaire and millionaire parents dread, and what happens when they dodge it

‘Are we rich?’ The question billionaire and millionaire parents dread, and what happens when they dodge it

Parents often hide the scale of family wealth, but it can leave heirs unprepared and spark conflict over philanthropy and succession

By Mia OsmonbekovOctober 9, 2026

‘The elder daughter phenomenon’: Edward Jones head Penny Pennington said the economy is propped up by eldest daughters

Caregiving is a trillion-dollar industry, and eldest daughters take the brunt of it.

By Joshua HongOctober 9, 2026

Current price of gold as of October 9, 2026

Trends in gold prices could indicate whether the asset can protect against inflation. Here’s a look at how the precious metal is doing today.

By Danny BakstOctober 9, 2026

Elon Musk just lost his trillionaire status again after three days—but he says ‘it’s not like it’s sitting in a bank account’ anyway

SpaceX founder Elon Musk lost $63 billion in the span of days, falling out of the trillionaire club for the second time.

By Emma BurleighOctober 9, 2026

More in Personal Finance

More in Investing

Current price of Bitcoin for Oct. 9, 2026

Current price of Bitcoin for October 9, 2026

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market.

By Joseph HostetlerOctober 9, 2026

Current price of Ethereum for October 9, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerOctober 9, 2026

Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

Jason Weaver’s mom once backed Aretha Franklin. She bet on royalties over Disney’s cash—and it’s paid more than the $2 million he gave up.

By Orianna Rosa RoyleOctober 9, 2026

Is AI the new China Shock?

When China joined the WTO in 2001, that one move set off the largest capital spending boom the world had ever seen. Twenty-five years later, here we are.

By Jared FranzOctober 9, 2026

More in Investing

More in Real Estate

Current ARM mortgage rates report for Oct. 9, 2026

Current ARM mortgage rates report for Oct. 9, 2026

Some homeowners might benefit from an adjustable-rate mortgage over the more common fixed-rate loans. Here’s what to know.

By Glen Luke FlanaganOctober 9, 2026

Current refi mortgage rates report for Oct. 9, 2026

Looking to refinance your mortgage in hopes of getting a lower rate or tapping home equity? See our latest report on average refi rates.

By Glen Luke FlanaganOctober 9, 2026

Today’s home equity loan and HELOC rates, Oct. 9, 2026

By staying on top of home equity loan and HELOC interest rates, you’ll recognize when it’s a good time to apply for these comparatively cheap borrowing options.

By Joseph HostetlerOctober 9, 2026

Mortgage rates today, Oct. 9, 2026: Slight tick down for some loan types

Compare average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

By Glen Luke FlanaganOctober 9, 2026

More in Real Estate

Tamboran Resources CEO stands in front of an H&P drilling rig shipped from the U.S. to Australia's Beetaloo Basin.

How U.S. know-how is fracking Australia into a gas boom, from Texas oilmen to Trump’s energy secretary

Texas wildcatters, oilfield services giants, and U.S. Energy Secretary Chris Wright helped Australia’s Beetaloo Basin deliver its first commercial gas. The hard part is still ahead.

By Jordan BlumOctober 10, 2026

Trump struck a diesel deal with Putin just weeks after signing Russia sanctions. Zelenskyy calls it ‘a weak decision’

With U.S. diesel at $6.23 a gallon, the Treasury Department is easing restrictions on Russian diesel shipments for six months.

By Michelle L. Price, Collin Binkley and The Associated PressOctober 9, 2026

Fortune 500 Power Moves: Which executives gained and lost power this week

See which Fortune 500 companies are making changes to their C-suite ranks.

By Fortune EditorsOctober 9, 2026

‘I drive a Tesla’: After Elon Musk said he’d lose his job, Delta CEO Ed Bastian says there’s ‘no tit for tat’ as airline unveils earnings miss

Bastian says the Starlink snub was business, not personal, as a 62% fuel jump led to Delta’s first earnings miss in two years.

By Catherina GioinoOctober 9, 2026

Person holds up phone showing sports betting stats with a basketball and beers in the background.

Head of prominent gambling addiction nonprofit resigns after backlash to $2 million Kalshi donation

National Council on Problem Gambling executive director Heather Maurer required board members to sign NDAs before revealing the donation.

By Camila Grigera NaónOctober 9, 2026

NFL urges Supreme Court to back state gambling rules—breaking with other leagues on prediction markets

The league wants clarity “before another NFL season goes by” to preserve game integrity.

By Camila Grigera NaónOctober 8, 2026

A $443 million memecoin frenzy dissolves into nothing—Robinhood and Circle are latest to taste the memecoin boom-and-bust cycle

Robinhood Chain saw a brief surge in memecoin trading before volumes dropped 96%.

By Camila Grigera NaónOctober 6, 2026

Four tribes partner with Kalshi to launch prediction apps–a move that undercuts Native American opposition to the industry

For tribes left out of the $46 billion casino boom, a disputed industry offers a different path.

By Camila Grigera NaónOctober 7, 2026

Latest stories from Fortune

More FinancePage 86 of 100

Samsung, SK reportedly to invest $1.3 trillion over 10 years

Samsung, SK reportedly to invest $1.3 trillion over 10 years

By Shinhye Kang, Seyoon Kim and BloombergJune 28, 2026

Personal Finance
Current price of Bitcoin for June 26, 2026
By Joseph HostetlerJune 26, 2026

Fed’s Barkin warns of high inflation, but sees signs of relief

Fed’s Barkin warns of high inflation, but sees signs of relief

By Catarina Saraiva and BloombergJune 28, 2026

Social Security is headed for a day of reckoning, and Congress is running out of time to save boomers. Lawmakers are proposing some hard choices

Social Security is headed for a day of reckoning, and Congress is running out of time to save boomers. Lawmakers are proposing some hard choices

By Jason MaJune 28, 2026

Trump’s U-turn on Iran sanctions would unravel decades of curbs

Trump’s U-turn on Iran sanctions would unravel decades of curbs

By Daniel Flatley, Magdalena Del Valle, Jennifer A. Dlouhy, Jeff Mason and BloombergJune 28, 2026

Putin admits Russia is ‘going through a difficult period’ as relentless Ukrainian drone attacks cut off fuel supplies

Putin admits Russia is ‘going through a difficult period’ as relentless Ukrainian drone attacks cut off fuel supplies

By The Associated PressJune 28, 2026

Iran is forcing the U.S. into an escalation trap as a ‘shadow war’ over the Strait of Hormuz heats up that could kill the tenuous ceasefire

Iran is forcing the U.S. into an escalation trap as a ‘shadow war’ over the Strait of Hormuz heats up that could kill the tenuous ceasefire

By Jason MaJune 28, 2026

Personal Finance
Current price of gold as of June 26, 2026
By Danny BakstJune 26, 2026

One in three Gen Zers is letting AI do their homebuying homework, but they still trust realtors with the closing process

One in three Gen Zers is letting AI do their homebuying homework, but they still trust realtors with the closing process

By Marco Quiroz-GutierrezJune 28, 2026

Burnham’s rise revives talk of war bonds to fund the UK military

Burnham’s rise revives talk of war bonds to fund the UK military

By Philip Aldrick, Lucy White and BloombergJune 28, 2026

Ukraine’s drone attacks hit more Russian refineries and create fuel shortages in Siberia—thousands of miles from the war

Ukraine’s drone attacks hit more Russian refineries and create fuel shortages in Siberia—thousands of miles from the war

By The Associated PressJune 28, 2026

Photo of Cristiano Ronaldo

Cristiano Ronaldo is soccer’s first-ever billionaire: He went from begging for burgers outside McDonald’s to landing a $400 million contract

By Preston ForeJune 28, 2026

Fortune Archives: “Irrational exuberance”: Alan Greenspan’s warning, then and now

Fortune Archives: “Irrational exuberance”: Alan Greenspan’s warning, then and now

By Nick LichtenbergJune 28, 2026

Personal Finance
Top CD rates from major banks on June 26, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 26, 2026

family

More than 3 million college students are raising kids. Most won’t graduate

By Enyi OkebugwuJune 28, 2026

Even Apple supply chain maestro Tim Cook couldn’t dodge the memory chip ‘RAM-ageddon’ crisis. Here’s why PC prices are soaring this summer

Even Apple supply chain maestro Tim Cook couldn’t dodge the memory chip ‘RAM-ageddon’ crisis. Here’s why PC prices are soaring this summer

By Alexei OreskovicJune 28, 2026

Young real estate agent with clients at house

LinkedIn says real estate is one of the hottest industries for entry-level workers—One Gen Z sales agent made $75K his first year with no experience

By Emma BurleighJune 28, 2026

Forget the ceasefire — The U.S. and Iran are still locked in combat over the Strait of Hormuz as Tehran tries to shut down a competing route

Forget the ceasefire — The U.S. and Iran are still locked in combat over the Strait of Hormuz as Tehran tries to shut down a competing route

By Jason MaJune 27, 2026

The contrarian view for Fed rate cuts: Payrolls will weaken, inflation will plunge, and Kevin Warsh was ‘largely performative’ in his hawkishness

The contrarian view for Fed rate cuts: Payrolls will weaken, inflation will plunge, and Kevin Warsh was ‘largely performative’ in his hawkishness

By Jason MaJune 27, 2026

Atlanta Fed chief selection delay gives Warsh a say

Atlanta Fed chief selection delay gives Warsh a say

By Jonnelle Marte, Saleha Mohsin and BloombergJune 27, 2026

SpaceX, Charter discussed mobile phone partnership in U.S.

SpaceX, Charter discussed mobile phone partnership in U.S.

By Kelcee Griffis and BloombergJune 27, 2026

S&P keeps U.S. sovereign rating at AA+ with stable outlook

S&P keeps U.S. sovereign rating at AA+ with stable outlook

By Michael Mackenzie and BloombergJune 27, 2026

erik

‘It’s not going away’: The Stanford economist who called the AI entry-level jobs crisis early has the receipts

By Nick LichtenbergJune 27, 2026

The 30-year fixed mortgage was supposed to be predictable. Two costs quietly broke that promise

The 30-year fixed mortgage was supposed to be predictable. Two costs quietly broke that promise

By Sydney LakeJune 27, 2026

Big Short legend Steve Eisman says everyone is buying the wrong AI stocks

Big Short legend Steve Eisman says everyone is buying the wrong AI stocks

By Shawn TullyJune 27, 2026

Bitcoin down 20% since May as Strategy fallout spooks investors

By Camila Grigera NaónJune 26, 2026

One chart explains the economy’s terrible baby boomer hangover, Gen X’s invisibility, and millennial and Gen Z irrelevance

One chart explains the economy’s terrible baby boomer hangover, Gen X’s invisibility, and millennial and Gen Z irrelevance

By Tristan BoveJune 26, 2026

AI boom may be on its last legs amid stock volatility and dash for cash—but will go out in a blaze of glory with ‘blow-off phase’ before bubble pops

AI boom may be on its last legs amid stock volatility and dash for cash—but will go out in a blaze of glory with ‘blow-off phase’ before bubble pops

By Jason MaJune 26, 2026

Mamdani lives up to campaign promise, freezing rent for about 1 million New Yorkers

By Anthony Izaguirre and The Associated PressJune 26, 2026

gavin

Newsom calls for a national billionaires’ tax — just not the one his state’s voters are about to pass

By Jonathan J. Cooper and The Associated PressJune 26, 2026

Photo: Paris, france

Europe is warming twice as fast as the rest of the planet — and it would be impossible without climate change, study says

By Alexa St. John and The Associated PressJune 26, 2026

After flirting with Gavin Newsom rollback idea, union is ‘all in’ on full billionaires’ tax for California

By Sophie Austin and The Associated PressJune 26, 2026

Current price of Ethereum for June 26, 2026

Personal Finance

Current price of Ethereum for June 26, 2026

By Joseph HostetlerJune 26, 2026

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Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’

placeholder alt text

By Preston ForeOctober 9, 2026

Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

placeholder alt text

By Orianna Rosa RoyleOctober 9, 2026

Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers—‘or you’re neurodivergent’

placeholder alt text

By Preston ForeOctober 10, 2026

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