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Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teams

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After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety

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Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepoint

1

Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teams

2

After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety

3

Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepoint
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Former CIA official found with $40 million in gold bars for ‘work-related expenses’ reaches tentative plea deal 
Former CIA official found with $40 million in gold bars for ‘work-related expenses’ reaches tentative plea deal 

Investigators searched Rush’s home and seized about 300 gold bars worth more than $40 million, plus about $2 million in U.S. currency and about 35 luxury watches.

By The Associated PressSeptember 12, 2026
U.S. diesel prices are now 60% higher than they were before the Iran war, with one Trump voter paying twice as much to fuel his farm equipment
U.S. diesel prices are now 60% higher than they were before the Iran war, with one Trump voter paying twice as much to fuel his farm equipment
By Nick Ingram, Sudhin Thanawala and The Associated PressSeptember 12, 2026
Mortgage lending standards are so tight that homebuyers must have ‘pristine’ credit histories, study says, as sales head for 31-year low
Mortgage lending standards are so tight that homebuyers must have ‘pristine’ credit histories, study says, as sales head for 31-year low
By Jason MaSeptember 12, 2026
Trump’s childhood home sells for $1.9 million after prior owner bought it for $835,000 last year, when it was a mold-ridden den of feral cats
Trump’s childhood home sells for $1.9 million after prior owner bought it for $835,000 last year, when it was a mold-ridden den of feral cats
By The Associated PressSeptember 12, 2026
The trade deficit with Canada that’s upset Trump so much is due to crude the U.S. buys at a discount for the Midwest. ‘It’s the only oil they can use’
The trade deficit with Canada that’s upset Trump so much is due to crude the U.S. buys at a discount for the Midwest. ‘It’s the only oil they can use’
By Paul Wiseman and The Associated PressSeptember 12, 2026
Trump and Xi Jinping would both win the Nobel Peace Prize if they make a U.S.-China deal on AI development, OpenAI CEO Sam Altman says
Trump and Xi Jinping would both win the Nobel Peace Prize if they make a U.S.-China deal on AI development, OpenAI CEO Sam Altman says
By Jason MaSeptember 12, 2026
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As Europe weighs a peacekeeping force in Ukraine, Putin warns sending troops ‘means a war with Russia’
As Europe weighs a peacekeeping force in Ukraine, Putin warns sending troops ‘means a war with Russia’

Polish Prime Minister Donald Tusk said two incidents along Ukraine’s borders with Poland and Moldova this week were a preview of potential intensified Russian provocations.

By Volodymyr Yurchuk, Elise Morton and The Associated PressSeptember 12, 2026
Saudi Arabia’s nightmare scenario comes true as Houthis threaten crucial Red Sea shipping route and drone attacks force closure of major pipeline

For decades, Saudi Arabia and other Gulf states have relied on U.S. security guarantees. Those have eroded under Trump.

By Elena Becatoros, Joseph Krauss and The Associated PressSeptember 12, 2026
Mark Penn: How to save a billion and a half hours

AI promises convenience, but the internet is still clogged with cookie banners, CAPTCHAs, passcodes and unreadable fine print. It’s time to replace it.

By Mark PennSeptember 12, 2026
The ghost cartel — your pricing algorithm may have stopped competing without your knowledge

Antitrust law was built to catch human agreements. It has no name for what machines learn to do on their own.

By François Candelon, Paul-Louis Andres and Augustin ManchonSeptember 12, 2026
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North America
More in North America
Exclusive: OpenAI’s Sam Altman hints at pact with other AI companies to address safety risks
Exclusive: OpenAI’s Sam Altman hints at pact with other AI companies to address safety risks

In an interview with Fortune, OpenAI’s CEO said the industry need to put egos and competition aside to address AI safety risks, and suggested a coordinated plan might be coming soon.

By Alexei OreskovicSeptember 12, 2026
American schools weren’t broken until Silicon Valley used a lie to convince them they were—now reading and math scores are plummeting

Neuroscientist Jared Cooney Horvath warns the U.S.’s $30 billion bet on laptops in schools has made Gen Zers less cognitively capable than their parents.

By Sasha RogelbergSeptember 12, 2026
Howard Lutnick, Larry Silverstein, Jim Pierce and Mitt Romney all had last-minute changes of plan that kept them out of the WTC on 9/11

A school run, a doctor’s visit, a budget fight in Congress. Small shifts in plans kept dozens of people out of the World Trade Center that morning.

By Catherina GioinoSeptember 11, 2026
50 multimillionaire Gen Zers went on a two-week Goldman Sachs bootcamp—they learned how to read the news, invest in art, and communicate better

Goldman Sachs gathered 50 Gen Z multimillionaire heirs for a two-week crash course on investing in sports, building confidence, and reading the news.

By Emma BurleighSeptember 11, 2026
More in North America
Asia
More in Asia
The world’s largest health and beauty retailer says AI will make shopping ‘more human, not less’
The world’s largest health and beauty retailer says AI will make shopping ‘more human, not less’

The biggest risk with AI, warns AS Watson CEO Malina Ngai, is using it to polish today’s processes. Do that, and “you get a version of yesterday.”

By Nicholas GordonSeptember 12, 2026
Exec gave his Gen Z kids a list of  ‘daddy tips’ when they became old enough to work—it included showing up on time and ‘bringing value to a meeting’

Bosses say Gen Z lack basic people skills. One exec turned decades of career advice into a cheat sheet for his own daughters before they started work

By Orianna Rosa RoyleSeptember 11, 2026
AI solves overtourism’s ‘concentration problem’ by helping people find hidden gems, says Klook cofounder Ethan Lin

In Klook’s Travel Pulse survey of roughly Gen Z and millennial travelers across Asia, 57% said they had used AI to find new destinations or experiences.

By Angelica AngSeptember 11, 2026
‘Parents see themselves more as a client of the school’: Underperformance in class leads to apathy at home

A 40% non-response rate means the OECD couldn’t break out America’s worst-ever PISA reading scores by race or income this year.

By Sharon Lurye and The Associated PressSeptember 10, 2026
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Global
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Sam Altman confirms OpenAI won’t go public this year, saying an IPO now would come at an ‘ill-advised moment’ given AI safety concerns
Sam Altman confirms OpenAI won’t go public this year, saying an IPO now would come at an ‘ill-advised moment’ given AI safety concerns

“I would say not 2026. Yeah, we got a lot of stuff to do, like meeting this moment of what is going to be required for safety and alignment, and how the industry and governments can work together.”

By Jason MaSeptember 12, 2026
Exclusive: Sam Altman addresses AI doomsday fears in new interview

The OpenAI CEO sat down with Fortune to discuss the risk AI poses to humanity, the company’s IPO timing, and more.

By Alyson ShontellSeptember 12, 2026
Big Players ravage prediction markets

The idea that insiders hold the whip handle in prediction markets runs counter to claims made by promoters, who include Donald Trump and Donald Trump Jr.

By Steve H. Hanke and Roger KopplSeptember 12, 2026
(Sm)all banks should compete on technology, not fear it

Community banks do not need to launch their own stablecoins—but they do need to offer digital-dollar and tokenized-payment options that keep customers’ payments, data and treasury relationships within the bank.

By John D’Agostino and Chris B. KennedySeptember 12, 2026
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Housing market: Mortgage rates rise for third straight week to highest level since June 2025 while home sales fall for third month in a row
Economy
Housing market: Mortgage rates rise for third straight week to highest level since June 2025 while home sales fall for third month in a row
By Michelle Chapman and The Associated PressSeptember 12, 2026
After attack on Saudi pipeline, Trump says Houthis don’t want the U.S. involved — ‘everything’s going to work out fine and dandy’
Energy
After attack on Saudi pipeline, Trump says Houthis don’t want the U.S. involved — ‘everything’s going to work out fine and dandy’
By The Associated PressSeptember 12, 2026
Dario Amodei
AI
Anthropic CEO calls to slow the race toward AI ‘superintelligence,’ and grants outside evaluators permanent access
By Beatrice NolanSeptember 12, 2026
‘No one was coming to save me’: How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn’t fix
Success
‘No one was coming to save me’: How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn’t fix
By Sydney LakeSeptember 12, 2026
Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teams
Workplace Culture
Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teams
By Marco Quiroz-GutierrezSeptember 12, 2026
IBM launched limb tracking at this year’s U.S. Open – and it’s scoring every tennis player’s serve for fans to see
Arts & Entertainment
IBM launched limb tracking at this year’s U.S. Open – and it’s scoring every tennis player’s serve for fans to see
By Benjamin SnyderSeptember 12, 2026
school
Commentary
The Chamber of Commerce and the College Board on the missing subject in American high schools: business 
By Neil Bradley and Greg WalkerSeptember 12, 2026
js
Commentary
Boards were built for a vertical world. Risk has gone horizontal
By Jane SadowskySeptember 12, 2026
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Top CD rates from major banks Aug. 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 28, 2026
Nvidia CEO Jensen Huang talks to members of the press as he leaves the Hart Senate Office Building on July 28, 2026 in Washington, DC.
Future of Work
‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout
By Eleanor PringleAugust 28, 2026
Jensen Huang, chief executive officer of Nvidia Corp
Newsletters
Nvidia’s massive future spending commitments ‘make the company’s risk profile more complex,’ Saxo says
By Jim EdwardsAugust 28, 2026
Who pays for a shadow fleet oil spill? No one
Commentary
Who pays for a shadow fleet oil spill? No one
By Charles Edward GehrkeAugust 28, 2026
d
Commentary
Dolly Parton wrote the song we’ll forever play on repeat
By Corey duBrowaAugust 28, 2026
Woman in a blazer
Newsletters
Deloitte sees a $566 billion lunar economy by 2050
By Amanda GerutAugust 28, 2026
Scammers are hijacking tap-to-pay donations to turn a $20 gift into a $2,000 charge—here’s how to protect your money
Personal Finance
Scammers are hijacking tap-to-pay donations to turn a $20 gift into a $2,000 charge—here’s how to protect your money
By Sydney LakeAugust 28, 2026
Home equity loan and HELOC rates: Aug. 28, 2026
Personal Finance
Home equity loan and HELOC rates, August 28, 2026
By Joseph HostetlerAugust 28, 2026
Gap’s new playbook: Less discounting, more Hailey Bieber
Retail
Gap’s new playbook: Less discounting, more Hailey Bieber
By Phil WahbaAugust 28, 2026
Gen Z’s bedazzling era is the latest Lipstick Index as youths put gems on everything from coffee cups to skincare
Retail
Gen Z’s bedazzling era is the latest Lipstick Index as youths put gems on everything from coffee cups to skincare
By Sarah GlodekAugust 28, 2026
A trader works on the floor of the New York Stock Exchange.
Investing
Why ‘equal weight’ S&P 500 funds are having a moment—and are up almost 16% this year alone
By Sheryl EstradaAugust 28, 2026
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia
Crypto
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia
By Angelica AngAugust 28, 2026
boom
Personal Finance
The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year
By Joshua HongAugust 27, 2026
susan
North America
In border states, even Trump’s own party wants the Canada fight to be over
By Nick LichtenbergAugust 27, 2026
newsom
Politics
A consultant who once railed against ‘the billionaire boys club’ is now leading opposition to California’s wealth tax
By Mia OsmonbekovAugust 27, 2026
Woman holds phone displaying crypto price chart with a laptop in front of her also showing crypto price chart.
Crypto
Bitcoin is having a great month—but Solana is doing even better as coin soars above $100
By Camila Grigera NaónAugust 27, 2026
OpenAI bans pro-Russia ChatGPT accounts used to spread pro-Kremlin content including an Israel-based think tank using real researchers’ names
Cybersecurity
OpenAI bans pro-Russia ChatGPT accounts used to spread pro-Kremlin content including an Israel-based think tank using real researchers’ names
By Marco Quiroz-GutierrezAugust 27, 2026
md
Future of Work
The AI Odyssey: How a primal fear from the Ancient Greek world has been awakened by new technology
By Nick LichtenbergAugust 27, 2026
‘Clearly, people hate data centers’: Sam Altman admits Americans hate what he’s wrought as his own data centers head quits
Big Tech
‘Clearly, people hate data centers’: Sam Altman admits Americans hate what he’s wrought as his own data centers head quits
By Mia OsmonbekovAugust 27, 2026
upper
Success
Welcome to the ‘upper-middle-class trap’: why $300,000 a year doesn’t feel like winning anymore
By Nick LichtenbergAugust 27, 2026
Moonshot AI logo.
Newsletters
Chinese open-source AI is starting to win over U.S. businesses
By Beatrice NolanAugust 27, 2026
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point
Crypto
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point
By Peter MintzbergAugust 27, 2026
Zohran Mamdani’s business council includes the CEOs of Chobani and Etsy. But Wall Street and Big Tech turned him down
North America
Zohran Mamdani’s business council includes the CEOs of Chobani and Etsy. But Wall Street and Big Tech turned him down
By Tatiana SatauaAugust 27, 2026
At least 360 people are dead and 1,400 missing after catastrophic floods sweep communities on the Nepal-China border
Environment
At least 360 people are dead and 1,400 missing after catastrophic floods sweep communities on the Nepal-China border
By Shristi Kafle, NIRANJAN SHRESTHA and The Associated PressAugust 27, 2026
The supply-chain savant: How FedEx CEO Raj Subramaniam leads through ‘reglobalization’
Magazine
The supply-chain savant: How FedEx CEO Raj Subramaniam leads through ‘reglobalization’
By Alyson ShontellAugust 27, 2026
maria
Commentary
We laid him off. Then we hired him back
By Maria ColacurcioAugust 27, 2026
Pete Hegseth runs his hand through his hair and holds a microphone with his other hand.
Politics
Pete Hegseth is worried about the Pentagon’s ‘Soviet-style bureaucracy,’ but the military’s $285 billion maintenance mess is all-American
By Sasha RogelbergAugust 27, 2026
Kevin O'Leary wearing a black suit with a gold NBA trading card necklace in his mouth
Success
Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’
By Preston ForeAugust 27, 2026
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement
Cybersecurity
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement
By Barbara Ortutay, Wyatte Grantham-Philips and The Associated PressAugust 27, 2026
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
Europe
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
By Kamal AhmedAugust 27, 2026
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Workplace Culture
Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teamsplaceholder alt text
By Marco Quiroz-GutierrezSeptember 12, 2026
AI
After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safetyplaceholder alt text
By Catherina GioinoSeptember 12, 2026
Middle East
Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepointplaceholder alt text
By Jason MaSeptember 11, 2026
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