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Oil drops as U.S. says deal with Iran and Hormuz reopening is near
Oil drops as U.S. says deal with Iran and Hormuz reopening is near

Global crude benchmark Brent fell as much as 5.2% to $98.12 a barrel, while West Texas Intermediate was near $92.

By Nicholas Lua and BloombergMay 24, 2026
Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as alternate GDP gauge shows huge contraction
Russia’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
Alaska’s oil revival sparks a new energy rush Into the Arctic
Alaska’s oil revival sparks a new energy rush Into the Arctic
By Jennifer A. Dlouhy and BloombergMay 24, 2026
Trump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal
Trump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal
By Darlene Superville, Matthew Daly and The Associated PressMay 24, 2026
SpaceX stock is about to join this growing constellation of public companies building a space-based economy
SpaceX stock is about to join this growing constellation of public companies building a space-based economy
By Jason MaMay 24, 2026
The more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says
The more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says
By Jason MaMay 24, 2026
News
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f
Nonprofit fraud isn’t surging. Enforcement is

The $6.8 billion enforcement push from the Department of Justice is exposing things like the charges about $250 million gone missing in Minnesota.

By Sarah Webber and The ConversationMay 24, 2026
From Hobbes to the 14th amendment: the ancient and modern cases against Trump’s $1.8 billion fund

In the Roman world, the Latin phrase “Nemo iudex in causa sua” meant “no one should be a judge in their own cause.”

By Austin Sarat and The ConversationMay 24, 2026
The travel industry has been taking body blows. Here comes an airport ‘sanctuary city’ crackdown

Transportation Secretary Sean Duffy broke with Homeland Security: “We shouldn’t shut down air travel in a state that doesn’t agree with our politics.”

By Josh Funk, Rio Yamat and The Associated PressMay 24, 2026
Britain’s navy is preparing to clear mines in the Strait of Hormuz — but only once a U.S.-Iran peace agreement is reached

The RFA Lyme Bay will soon depart Gibraltar to link up with the U.K. destroyer HMS Dragon and allied ships for air support before sailing through the Suez Canal to the Persian Gulf.

By Emma Burrows and The Associated PressMay 24, 2026
More in News
North America
More in North America
r
The quiet $8 billion crisis: long COVID costs keep rising as Washington looks away

NIH grants canceled, the federal office shuttered, clinics closing — the government is turning its eyes elsewhere as 44 million suffer.

By Bruce Y. Lee, Hannah Dimmick and The ConversationMay 24, 2026
AI hallucinations are infiltrating expert work—and entering the permanent body of knowledge

Academic papers, popular books, and legal decisions are peppered with AI mistakes that are getting harder to clean up.

By Tristan BoveMay 24, 2026
As AI wipes out white-collar jobs, one Alabama high school and Toyota are training students for roles that pay $40 an hour and can’t be automated

The Huntsville Center for Technology gives high school students a foothold in the skilled trades amid a job market starved for that talent.

By Jake AngeloMay 24, 2026
U.S. reaches limit of sanctions power in targeting Iran’s economy

“We need to either overwhelm them with something new — and this Economic Fury stuff isn’t it — or we need to start limiting our ambitions.”

By Magdalena Del Valle and BloombergMay 23, 2026
More in North America
Europe
More in Europe
m
‘We want neighbors, not tourists.’ Madrid’s renters march with message for the boom economy

Spain’s housing costs rose 13% last year. Prime Minister Sánchez has a €7 billion fix — but his rent-freeze bill just died in Parliament.

By Alicia Leon and The Associated PressMay 24, 2026
Secret Service shoot and kill suspect who fired at White House checkpoint; bystander was also struck but Trump was not affected

Secret Service said none of its officers were injured, and that President Donald Trump — who was at the White House at the time — was not “impacted.”

By Darlene Superville, Alanna Durkin Richer and The Associated PressMay 23, 2026
Europe Just admitted the Iran War’s price shock isn’t going away

EU officials see higher oil and gas prices at least through the end of 2027.

By Menelaos Hadjicostis and The Associated PressMay 23, 2026
A year in the life at HP: What matters to its sustainability lead in May 2026? 

As part of our new series, we are following one of the largest companies in the world through a year of business, as experienced by different members of its leadership team.

By Francesca CassidyMay 22, 2026
More in Europe
Asia
More in Asia
coal
82 dead in China’s worst coal mine disaster in years — regulators flagged the risk 2 years ago

China’s National Mine Safety Administration put Shanxi’s Liushenyu mine on its high-risk list in 2024 for high gas content. On Friday, it exploded.

By The Associated PressMay 24, 2026
How Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office

“If you go to the Grab office now, you’ll see robots from other companies as well. We use a 1+n strategy which keeps us on our toes.”

By Angelica AngMay 22, 2026
Malaysia slams ‘grossly offensive, false, menacing and insulting’ TikTok memes about its king

The commission warned it would continue to take “firm and proportionate action” to ensure digital platforms comply with their responsibilities.

By The Associated PressMay 21, 2026
Antler CEO Magnus Grimeland says Silicon Valley doesn’t have a monopoly on tech: ‘People can innovate from almost anywhere’

Antler positions itself as a “day zero” investor, meaning it backs founders from the very start, before they’ve even started building their businesses.

By Angelica AngMay 20, 2026
More in Asia
Middle East
More in Middle East
Current price of oil as of May 19, 2026
Current price of oil as of May 19, 2026

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

By Joseph HostetlerMay 19, 2026
Current price of oil as of May 12, 2026

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

By Joseph HostetlerMay 12, 2026
Current price of oil as of May 5, 2026

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

By Joseph HostetlerMay 5, 2026
Current price of oil as of April 28, 2026

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

By Joseph HostetlerApril 28, 2026
More in Middle East
Global
More in Global
mental
500,000 people were locked in state psychiatric hospitals. Their descendants can’t find out why

Breta Meria Conole was in a state psychiatric hospital for more than two decades. But the reason why is a family mystery. Debby Hannigan, her great grandniece, tried for years to access Conole’s medical records, because she thought they might hold clues to mental health issues in her family, including her oldest daughter’s depression. Hannigan […]

By Mike Stobbe, Nick Lichtenberg and The Associated PressMay 24, 2026
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol

The eco-curious elite is looking for something more compelling than just pampering: purpose, access and a very good story.

By Adam EraceMay 24, 2026
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’

SpaceX’s launch business gives it “access to orbit,” said Space Capital CEO Chad Anderson.

By Marco Quiroz-GutierrezMay 24, 2026
40 is the new 50: Millennial jobseekers are giving their resumes a facelift by hiding years of experience to land jobs

Suzy Welch has some advice for people struggling to get hired.

By Jacqueline MunisMay 24, 2026
More in Global
Latest Stories
Under emerging deal with U.S., Iran’s uranium, sanctions relief, and release of frozen funds would be negotiated during a 60-day window
PoliticsUnder emerging deal with U.S., Iran’s uranium, sanctions relief, and release of frozen funds would be negotiated during a 60-day window
By Samy Magdy, Melanie Lidman and The Associated PressMay 24, 2026
Dara Khosrowshahi speaks on stage and holds his palms in front of him, pressed together.
LifestyleUber CEO says rideshare ‘freed up’ his son from having to get a driver’s license—and he’s one of many Gen Zers who aren’t willing to drive
By Sasha RogelbergMay 24, 2026
bofa
AIBofA says you’ll be 10x more productive with AI. Ignore the 0.1% result so far
By Nick LichtenbergMay 24, 2026
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
Real EstateInside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
By Sydney LakeMay 24, 2026
David Bennahum
CommentaryI was one of the internet’s first influencers. AI just killed the whole category — and created something better
By David S. BennahumMay 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
Ukrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
PoliticsUkrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
By The Associated PressMay 23, 2026
Trump’s 3,711 trades point to multiple stock-market strategies
InvestingTrump’s 3,711 trades point to multiple stock-market strategies
By Justina Lee, Vivien Ngo, Elena Popina, Matthew Griffin and BloombergMay 23, 2026
More LatestPage 28 of 100
Alphabet CEO Sundar Pichai in San Francisco, on Wednesday, June 4, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
PoliticsInside Google’s quiet internal war against its own anti-military activist employees
By Jim EdwardsMay 4, 2026
Enbridge CEO Greg Ebel at the CERAWeek by S&P Global conference in Houston on March 25, 2026.
EnergyEnbridge aims to help North America win from the AI boom and the Iran war as the FedEx of energy delivery
By Jordan BlumMay 4, 2026
Google CEO Sundar Pichai
AIEmployee revolt once forced Google to back off on military contracts. But, in the wake of a new Pentagon AI contract, their leverage appears limited
By Beatrice NolanMay 4, 2026
trump
PoliticsChina has a welcome mat for Trump: it just rewrote the rules on U.S. sanctions
By Steve H. Hanke and Jeffrey WengMay 4, 2026
A decade after the ‘Godfather of AI’ said radiologists were obsolete, their salaries are up to $571K and demand is growing fast
AIA decade after the ‘Godfather of AI’ said radiologists were obsolete, their salaries are up to $571K and demand is growing fast
By Marco Quiroz-GutierrezMay 4, 2026
Markets on alert as Trump vows ‘Project Freedom’ for Hormuz, setting up potential showdown after renewed attacks on ships
EnergyMarkets on alert as Trump vows ‘Project Freedom’ for Hormuz, setting up potential showdown after renewed attacks on ships
By Jason MaMay 3, 2026
Meme stock GameStop pitches $56 Billion takeover of eBay
RetailMeme stock GameStop pitches $56 Billion takeover of eBay
By Cecilia D'Anastasio, Se Young Lee and BloombergMay 3, 2026
Former NYC Mayor Giuliani in critical condition, Trump says
PoliticsFormer NYC Mayor Giuliani in critical condition, Trump says
By Maria Paula Mijares Torres and BloombergMay 3, 2026
Trump says U.S. will guide stranded ships from ‘neutral and innocent’ countries out of the Strait of Hormuz while hinting at positive Iran talks
PoliticsTrump says U.S. will guide stranded ships from ‘neutral and innocent’ countries out of the Strait of Hormuz while hinting at positive Iran talks
By Adam Schreck, Melanie Lidman, Cara Anna and The Associated PressMay 3, 2026
Basic goods in Cuba are increasingly sold in U.S. dollars as economy collapses. ‘Everything is scarce here — everything — even that wretched bread’
EconomyBasic goods in Cuba are increasingly sold in U.S. dollars as economy collapses. ‘Everything is scarce here — everything — even that wretched bread’
By Danica Coto and The Associated PressMay 3, 2026
Hong Kong is the hub for China’s AI IPOs. It can be so much more than that
CommentaryHong Kong is the hub for China’s AI IPOs. It can be so much more than that
By Brian Wong and Tony ChanMay 3, 2026
As economic despair mounts, Russian official admits the country has had enough of Putin’s war on Ukraine. ‘We can’t even take one region’
EconomyAs economic despair mounts, Russian official admits the country has had enough of Putin’s war on Ukraine. ‘We can’t even take one region’
By Jason MaMay 3, 2026
Secret Service agent was struck by buckshot from alleged White House correspondents’ dinner shooter, not friendly fire, Pirro says
PoliticsSecret Service agent was struck by buckshot from alleged White House correspondents’ dinner shooter, not friendly fire, Pirro says
By The Associated PressMay 3, 2026
Cargo ship near the Strait of Hormuz comes under attack by multiple small boats as the U.S. and Iran exchange peace plans
PoliticsCargo ship near the Strait of Hormuz comes under attack by multiple small boats as the U.S. and Iran exchange peace plans
By Adam Schreck, Melanie Lidman, Cara Anna and The Associated PressMay 3, 2026
The clock is ticking as oil markets barrel toward nightmare scenarios with the West bracing for ‘tank bottoms’ and Iran racing to delay ‘tank tops’
EnergyThe clock is ticking as oil markets barrel toward nightmare scenarios with the West bracing for ‘tank bottoms’ and Iran racing to delay ‘tank tops’
By Jason MaMay 3, 2026
Chinese court rules firms can’t lay off workers on AI grounds
AIChinese court rules firms can’t lay off workers on AI grounds
By Victor Swezey and BloombergMay 3, 2026
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low
PoliticsIran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low
By Adam Schreck, Melanie Lidman and The Associated PressMay 3, 2026
2 U.S. service members missing after multinational war games in Morocco
Politics2 U.S. service members missing after multinational war games in Morocco
By The Associated PressMay 3, 2026
Landlords want $1.5 billion bailout from federal government over lost pandemic payments
Real EstateLandlords want $1.5 billion bailout from federal government over lost pandemic payments
By Michael Casey and The Associated PressMay 3, 2026
Trumps says some ‘very interesting’ UFO files will be revealed, and the Pentagon promises ‘never-before-seen’ information
PoliticsTrumps says some ‘very interesting’ UFO files will be revealed, and the Pentagon promises ‘never-before-seen’ information
By Collin Binkley and The Associated PressMay 3, 2026
The ‘hidden tax’ costing you more at the grocery store: a weaker U.S. dollar under Trump
North AmericaThe ‘hidden tax’ costing you more at the grocery store: a weaker U.S. dollar under Trump
By Matt Sedensky and The Associated PressMay 3, 2026
jason corso
CommentaryAI models are choking on junk data
By Jason Corso and David CowanMay 3, 2026
He started as a part-time Starbucks barista at 17. Now he’s an exec designing the menu
SuccessHe started as a part-time Starbucks barista at 17. Now he’s an exec designing the menu
By Orianna Rosa RoyleMay 3, 2026
The Diary of a CEO founder Steven Bartlett
SuccessDiary of a CEO founder says he hired someone with ‘zero’ work experience because she ‘thanked the security guard by name’ before the interview
By Emma BurleighMay 3, 2026
America’s twin scarcities: The 4-million-unit shortage in both housing and childcare is breaking families
Real EstateAmerica’s twin scarcities: The 4-million-unit shortage in both housing and childcare is breaking families
By Sydney LakeMay 3, 2026
Sam Altman speaks into a microphone
AISam Altman says the quiet part out loud, confirming some companies are ‘AI washing’ by blaming unrelated layoffs on the technology
By Sasha RogelbergMay 3, 2026
blake
CommentaryI spent a decade selling homes to the ultra-wealthy. What I saw explains the housing market’s nepo problem
By Blake O'ShaughnessyMay 3, 2026
happiness
EconomyAmerica got rich and got sad. A top economist says 2020 broke something that hasn’t healed
By Nick LichtenbergMay 3, 2026
Fortune Archives: Jerome Powell didn’t blink
NewslettersFortune Archives: Jerome Powell didn’t blink
By Eva RoytburgMay 3, 2026
Donald Trump
EconomyThe US is in a league of its own when it comes to its debt burden, as rating agencies bemoan ‘long-running deterioration’ in fiscal governance
By Tristan BoveMay 3, 2026
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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a yearplaceholder alt text
By Preston ForeMay 21, 2026
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workersplaceholder alt text
By Emma BurleighMay 22, 2026
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Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to driveplaceholder alt text
By Sasha RogelbergMay 24, 2026
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