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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
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Economy
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
Banking
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
Investing
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
Real Estate
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
Energy
More in Energy
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
More in Energy
Crypto
More in Crypto
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
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Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.
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Elon Musk was the world’s first trillionaire for 12 days
By Eva RoytburgJune 24, 2026
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    By Conor Harrison and The ConversationJune 23, 2026
President Donald Trump pictured in September 2025 signing an executive order that overhauled the H-1B visa program.
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Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
By Tristan BoveJune 24, 2026
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Trump holds landmark affordable housing bill hostage over his pet issue: The ‘national emergency’ of voter ID
By Mary Clare Jalonick and The Associated PressJune 24, 2026
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Banking
Scott Bessent calls Mamdani ‘leader of the Democratic Party,’ touts weekly Warsh breakfasts and a new push to put every American in the stock market
By Nick LichtenbergJune 24, 2026
a
Retail
Amazon’s record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
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Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
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    Coming to an election near you: prediction markets
    By Matt Motta, Robert Ralston and The ConversationJune 23, 2026
Top CD rates from major banks June 24, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on June 24, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 24, 2026
Current price of gold as of June 24, 2026
Personal Finance
Current price of gold as of June 24, 2026
By Danny BakstJune 24, 2026
Current price of Ethereum for June 24, 2026
Personal Finance
Current price of Ethereum for June 24, 2026
By Joseph HostetlerJune 24, 2026
Current price of Bitcoin for June 24, 2026
Personal Finance
Current price of Bitcoin for June 24, 2026
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Taktile cofounders Maik Taro Wehmeyer (left) and Maximilian Eber (right) stand side by side, smiling at the camera.
Startups & Venture
Exclusive: Taktile raises $110 million from Goldman Sachs, Tiger Global to automate high-stakes financial decisions 
By Camila Grigera NaónJune 24, 2026
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    ‘London isn’t just calling—it’s cooking.’ Europe’s largest economies face over $600 billion in heat-driven losses by 2030
    By Tristan BoveJune 23, 2026
price-of-oil-06-23-2026
Personal Finance
Current price of oil as of June 24, 2026
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Current price of silver as of Wednesday, June 24, 2026
Personal Finance
Current price of silver as of Wednesday, June 24, 2026
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steve
Commentary
Steve Case: America was built by entrepreneurs. Here’s how we keep that edge for the next 250 years
By Steve CaseJune 24, 2026
As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever 
Europe
As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever 
By Sam BirchallJune 24, 2026
U.S. President Donald Trump winks during an executive order signing event in the Oval Office of the White House on June 22, 2026 in Washington, DC.
Economy
Trump claims consumers are being ‘gouged’ by gas companies and orders DOJ price probe, as Bessent warns U.S. must avoid ‘foreign choke point’
By Eleanor PringleJune 24, 2026
Sarah Youngwood, EVP and CFO at Nasdaq.
C-Suite
Inside Nasdaq CFO Sarah Youngwood’s AI playbook
By Sheryl EstradaJune 24, 2026
Top CD rates on June 24, 2026: Lock in up to up to 4.40%
Personal Finance
Top CD rates on June 24, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJune 24, 2026
The top high-yield savings rates: Up to 5.00% on June 24, 2026
Personal Finance
The top high-yield savings rates: Up to 5.00% on June 24, 2026
By Glen Luke FlanaganJune 24, 2026
You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’
Economy
You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’
By Jim EdwardsJune 24, 2026
Current refi mortgage rates report for June 24, 2026
Personal Finance
Current refi mortgage rates report for June 24, 2026
By Glen Luke FlanaganJune 24, 2026
Current ARM mortgage rates report for June 24, 2026
Personal Finance
Current ARM mortgage rates report for June 24, 2026
By Glen Luke FlanaganJune 24, 2026
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
Mortgage rates, June 24, 2026
Personal Finance
Mortgage rates, June 24, 2026
By Glen Luke FlanaganJune 24, 2026
Trump, Rubio, and Hegseth sit next to each other at a dark wooden table.
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
MSCI delays Indonesia’s market status review until November
Asia
MSCI delays Indonesia’s market status review until November
By Prima Wirayani, Bernadette Toh and BloombergJune 23, 2026
Amazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
Retail
Amazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
By Vidhi Choudhary and Retail BrewJune 23, 2026
Tom and Diane Peterman pose outside their home at Black Lake on Wednesday, April 29, 2026, in Grant Township, Mich.
Environment
FEMA told these families they weren’t in a flood zone. Then ice came through the windows
By Tammy Webber, M.K. Wildeman and The Associated PressJune 23, 2026
Quantum computing stocks surge after Trump signed executive orders backing the sector
Investing
Quantum computing stocks surge after Trump signed executive orders backing the sector
By Marco Quiroz-GutierrezJune 23, 2026
Alan Greenspan testifying before the Senate Banking Committee.
Banking
The man who invented the Fed’s magic trick just died. His successor is about to try it again
By Eva RoytburgJune 23, 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
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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 laterplaceholder alt text
By Orianna Rosa RoyleOctober 9, 2026
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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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