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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

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Current price of oil as of June 8, 2026

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'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

1

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

2

Current price of oil as of June 8, 2026

3

'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
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‘I’m not focused on names at all’: Rumors of Trump Station replacing Penn Station in New York batted aside

A dramatic new vision for the transit hub calls for a return to the old grandeur of the station, with Roman-style columns and 50-foot ceilings.

By Philip Marcelo and The Associated PressJune 9, 2026
Alex Karp
Palantir CEO Alex Karp says executives who brag about their AI cuts might as well ‘sign up for the Bernie Sanders manifesto’
By Preston ForeJune 9, 2026
trump
Trump on getting loudly booed by hometown New York: ‘It was, I think, mostly cheers’
By Stephen Whyno, Michelle L. Price and The Associated PressJune 9, 2026
The Gulf states are betting big on AI: who’s investing where?
The Gulf states are betting big on AI: who’s investing where?
By Melissa HancockJune 9, 2026
worm
The pest that could devastate the American cattle industry was in Texas, but now it’s in New Mexico, too
By Jeffrey Collins and The Associated PressJune 9, 2026
Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’
Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’
By Sydney LakeJune 9, 2026
News
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tariff
The $166 billion tariff refund question: Who actually gets paid back?

That depends on who qualifies.

By Mae Anderson and The Associated PressJune 9, 2026
A Biden-era study told Americans to drink less alcohol. The Trump admin ‘sidelined’ the research facing pressure from the alcohol lobby

House Republicans on the oversight committee criticized the study, calling it “fraught with bias”, and accused the study authors of having predetermined conclusions.

By Laura Ungar, Ali Swenson and The Associated PressJune 9, 2026
Lockheed, Palantir and Amazon helped fund Trump’s White House ballroom. They also share more than $50 billion in federal contracts

Lockheed Martin alone received roughly $43.8 billion in new or expanded contracts.

By Catherina GioinoJune 9, 2026
Marguerite Casey Foundation to donate half a billion by 2036 to help rescue “suffering” nonprofits under Trump

The foundation previously dipped into its endowment to give $130M during Trump’s federal cuts in 2025.

By The Associated Press and James PollardJune 9, 2026
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North America
More in North America
wood
One of America’s greatest historians just died at 92 after being hit by a car in a supermarket parking lot

Gordon S. Wood, professor emeritus at Brown University, wrote prize-winning works including “The Radicalism of the American Revolution.”

By Hillel Italie and The Associated PressJune 9, 2026
Around 22 million teenagers are making their pocket money on video games, online reselling, and in-game platforms like Roblox

The Gen Alpha are making money from their online hobbies and managing multiple streams of income from just 13 years old.

By Emma BurleighJune 9, 2026
AI stocks are recovering after suddenly tanking last week as oil prices drop more than 3%

The S&P 500 rose 0.2% and pulled back within 2.5% of its all-time high set a week ago.

By Stan Choe and The Associated PressJune 9, 2026
Home sales are finally recovering and outpacing economists predictions even as mortgage rates remain high

Sales rose 3.2% compared with May last year.

By Alex Veiga and The Associated PressJune 9, 2026
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Europe
More in Europe
Pope Leo receives seven-minute standing ovation after calling for the public’s ‘moral renewal’ to respect migrants
Pope Leo receives seven-minute standing ovation after calling for the public’s ‘moral renewal’ to respect migrants

This is the first papal visit to Spain since Pope Benedict visited in 2011, and drew an estimated 1.5 million people for mass on Sunday.

By The Associated Press, Suman Naishadham and Nicole WinfieldJune 8, 2026
Spotify’s secret to winning the hiring war? Keep your talent moving and growing

External hiring is no longer a reliable way to build capability. Spotify’s answer: create an internal talent marketplace that keeps top performers moving—and staying.

By Francesca CassidyJune 8, 2026
The women running Europe in 2026 

Twenty of the leaders celebrated in Fortune’s Most Powerful Women list are from Europe. Their roles reveal where power is concentrated across the continent and what it takes to reach the top of European business.

By Sam BirchallJune 8, 2026
In this AI-driven world, Todd Boehly has spotted the best test for leadership. Someone who is willing to say “I don’t know”

When considering investments and whom to work with, Boehly says two things matter— the ability to say “no” and “I don’t know”.  

By Kamal AhmedJune 8, 2026
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Asia
More in Asia
China builds 85% of the world’s humanoids robots for cheap at scale, but finding buyers is tricky
China builds 85% of the world’s humanoids robots for cheap at scale, but finding buyers is tricky

While there’s a viable commercial path forward in industry and logistics, experts say demand for humanoids lags building capacity.

By The Associated Press and Chan Ho-HimJune 9, 2026
Chinese beauty brands flock to Southeast Asia as their first step in going global

Southeast Asia is “closer to home and encompasses many emerging economies with young populations.” 

By Angelica AngJune 9, 2026
Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military

The Defense Department announced designations naming the three companies as providing aid to the People’s Liberation Army.

By Kate O'Keeffe and BloombergJune 8, 2026
AXA launches a new insurance and wealth platform for HNWIs as Hong Kong wealth surges past Switzerland

Hong Kong insurance policies have become a popular investment option for wealthy mainland Chinese.

By Nicholas GordonJune 8, 2026
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Middle East
More in Middle East
SpaceX IPO means more to the Gulf than you might expect
SpaceX IPO means more to the Gulf than you might expect

The windfalls Gulf sovereign wealth funds are poised to receive will offer a nicely timed boost to their balance sheets.

By Melissa HancockJune 9, 2026
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 9, 2026
The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic

Iran’s grip on the Strait of Hormuz is adding $100 billion to airlines’ collective fuel bill this year.

By Marco Quiroz-GutierrezJune 8, 2026
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 8, 2026
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Global
More in Global
MIT researchers made a wristband to teach robots how to do housework and surgery
MIT researchers made a wristband to teach robots how to do housework and surgery

Unlike tech’s obsession with AI for computer tasks, MIT professor Xuanhe Zhao is focusing on trying to make AI more useful in the physical world.

By The Associated Press and Rodrique NgowiJune 9, 2026
Why dbt Labs CEO views AI efficiency and creativity as the same thing

“The first question you should be asking for every single AI initiative is: Do you want this to, at the end of the day, grow top line or bottom line?” CEO and cofounder Tristan Handy told Fortune.

By Sage LazzaroJune 9, 2026
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind

For Q1, the first quarter with the initiative in place, just over half of the company’s 246 employees qualified and received raises between 2% and 4% so far.

By Sage LazzaroJune 9, 2026
AI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.

By Sharon GoldmanJune 9, 2026
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NewslettersMeet the Walmart exec who runs a $96 billion business that would sit between Tesla and Target on the Fortune 500
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TIAA CEO Thasunda Brown Duckett is trying to fix America’s broken retirement system
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pope
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By Shlomit WagmanMay 30, 2026
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Future of WorkWhen loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch
By Jacqueline MunisMay 30, 2026
Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt
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America finally crushed smoking—then defunded the playbook
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Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat
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PoliticsTrump floated the idea of a 15% government stake in a massive railroad merger
By Jordan Blum and Alyson ShontellMay 29, 2026
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dimon
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dewine
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Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazonplaceholder alt text
By Sasha RogelbergJune 8, 2026
Personal Finance
Current price of oil as of June 8, 2026placeholder alt text
By Joseph HostetlerJune 8, 2026
Economy
'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPOplaceholder alt text
By Jim EdwardsJune 8, 2026
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