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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 49 of 100
elon musk
Future of WorkElon Musk bans résumés and cover letters in hiring for his chip team. These are the 3 bullet points he’s looking for instead
By Jake AngeloApril 19, 2026
About 1,000 animal welfare activists tried to storm a beagle research facility protected by a manure-filled trench, hay bales and a barbed-wire fence
LawAbout 1,000 animal welfare activists tried to storm a beagle research facility protected by a manure-filled trench, hay bales and a barbed-wire fence
By The Associated PressApril 19, 2026
Photo of Robert Solow
AIThousands of CEOs admit AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago
By Sasha RogelbergApril 19, 2026
Trump can continue building his $400 million White House ballroom, appeals court says after judge tried to block above-ground construction
LawTrump can continue building his $400 million White House ballroom, appeals court says after judge tried to block above-ground construction
By Darlene Superville and The Associated PressApril 19, 2026
Humanoid robot runs faster than any person ever has in a half marathon during all-bot race in China
AIHumanoid robot runs faster than any person ever has in a half marathon during all-bot race in China
By The Associated PressApril 19, 2026
Trump sends JD Vance to Pakistan again for more talks with Iran but repeats threats against its infrastructure as Hormuz stays closed
PoliticsTrump sends JD Vance to Pakistan again for more talks with Iran but repeats threats against its infrastructure as Hormuz stays closed
By Michelle L. Price, Samy Magdy, Sam Metz and The Associated PressApril 19, 2026
Gen Z is ‘Chinamaxxing’—and it’s less a love letter to Beijing than an indictment of America
EconomyGen Z is ‘Chinamaxxing’—and it’s less a love letter to Beijing than an indictment of America
By Nick LichtenbergApril 19, 2026
View of Mar-a-Lago in Palm Beach
Real EstateFor wealthy buyers, Mar-a-Lago’s security perimeter is Palm Beach’s hottest amenity
By Sydney LakeApril 19, 2026
stressed student and parent
SuccessParents are so panicked about the job market they’re paying career coaches $15,000 years before their kids graduate from college
By Jake AngeloApril 19, 2026
Fortune Archives: What work will be left for people to do?
NewslettersFortune Archives: What work will be left for people to do?
By Geoff ColvinApril 19, 2026
A woman kneels on the floor next to an older woman sitting down.
Health‘The current system right now is unsustainable’: top economist sees a crucial crack in the economy
By Sasha RogelbergApril 19, 2026
imas
AIThe economist who was terrified of AI just found a rare reason for hope
By Nick LichtenbergApril 19, 2026
trump
CommentaryThe U.S. has a $282 billion trade surplus you’ve never heard of — and it’s at risk
By Josh KallmerApril 19, 2026
Nvidia CEO Jensen Huang (Left) and Airbnb CEO Brian Chesky (Right)
SuccessJensen Huang bans one-on-one meetings, and Airbnb’s Brian Chesky doesn’t use email—meet the CEOs with unconventional work-life rules
By Emma BurleighApril 19, 2026
The most politically charged World Cup ever puts the U.S. and Iran on a collision course while America co-hosts with neighbors it has tariffed
PoliticsThe most politically charged World Cup ever puts the U.S. and Iran on a collision course while America co-hosts with neighbors it has tariffed
By Marco Quiroz-GutierrezApril 19, 2026
Photo of Warren Buffett
InvestingThe one metric Warren Buffett says can crash the stock market just hit a dizzying new high
By Shawn TullyApril 19, 2026
Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Sounds great. Do you want FDA approval? Let’s do it’
PoliticsTrump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Sounds great. Do you want FDA approval? Let’s do it’
By Matthew Perrone, Seung Min Kim and The Associated PressApril 18, 2026
The jet-fuel surge is making global flight connections disappear
EnergyThe jet-fuel surge is making global flight connections disappear
By Danny Lee, Kate Duffy, Sri Taylor and BloombergApril 18, 2026
Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
EconomyPutin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
By Jason MaApril 18, 2026
A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
LawA bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
By The Associated PressApril 18, 2026
The record-setting U.S. drought is so bad that 97% of the Southeast and two-thirds of the West are parched
North AmericaThe record-setting U.S. drought is so bad that 97% of the Southeast and two-thirds of the West are parched
By Seth Borenstein and The Associated PressApril 18, 2026
U.S. extends waiver on Russian oil sanctions to ease Iran war shortages, just days after Treasury Secretary Scott Bessent ruled it out
EnergyU.S. extends waiver on Russian oil sanctions to ease Iran war shortages, just days after Treasury Secretary Scott Bessent ruled it out
By The Associated PressApril 18, 2026
The U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids
PoliticsThe U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids
By Jason MaApril 18, 2026
Iran’s Hormuz whiplash highlights divide within regime as U.S. blockade tightens. ‘The fight between different factions has started’
PoliticsIran’s Hormuz whiplash highlights divide within regime as U.S. blockade tightens. ‘The fight between different factions has started’
By Jason MaApril 18, 2026
MacKenzie Scott
SuccessMacKenzie Scott has donated more than $26 billion—but it’s barely made a dent in her net worth because of the power of Amazon shares
By Sydney LakeApril 18, 2026
Steve Jobs
SuccessZillow’s CEO says his friends were shocked when he quit a cushy Microsoft job—but Steve Jobs led to his success at the $10.5 billion real estate firm
By Emma BurleighApril 18, 2026
The $6 billion Vatican Bank was beset by scandals, disastrous investments—and ties to the Mafia. How Pope Francis tried to fix it
BankingThe $6 billion Vatican Bank was beset by scandals, disastrous investments—and ties to the Mafia. How Pope Francis tried to fix it
By Marco Quiroz-GutierrezApril 18, 2026
benioff
CommentaryAI’s next act: how Salesforce is turning efficiency gains into revenue
By Keith Ferrazzi and Wendy SmithApril 18, 2026
brown
AIMeet the AI founders using agents to build instantly profitable 3-person companies
By Nick LichtenbergApril 18, 2026
George W. Bush in the White House press briefing room with Dana Perino
SuccessDana Perino was terrified to leave the White House — until George W. Bush changed how she thinks about her career
By Preston ForeApril 18, 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
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