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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
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Crisis, what crisis? Social Security chief says ‘people boo at Yankee Stadium, even when they’re winning’

Frank Bisignano touts phone wait times down 75% and 50% more people served. Critics say the bottleneck just moved.

By Fatima Hussein and The Associated PressJune 9, 2026
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
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North America
More in North America
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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
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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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
Singer-songwriter Grimes speaks on stage at Fortune Brainstorm Tech 2026 in Aspen, Colorado.
Grimes says AI can make music, but humans must still tell the story

The singer-songwriter debated the future for music artists in the age of AI.

By Sebastian HerreraJune 9, 2026
Opening offices in 120 countries is ‘not a badge of honor’—pick 30 instead says iconic former tech CEO

Meg Whitman, former head of eBay and HP, and Tubi CEO Anjali Sud offered advice for how to scale a company.

By Jeff John RobertsJune 9, 2026
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
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Latest Stories
A for sale sign in front a Spanish style house
Real EstateHome sales are finally recovering and outpacing economists predictions even as mortgage rates remain high
By Alex Veiga and The Associated PressJune 9, 2026
Meet the Walmart exec who runs a $96 billion business that would sit between Tesla and Target on the Fortune 500
NewslettersMeet the Walmart exec who runs a $96 billion business that would sit between Tesla and Target on the Fortune 500
By Emma HinchliffeJune 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
AIReward 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
By Sage LazzaroJune 9, 2026
Artistic rendering of complex systems being simplified by two workers
AIHow Lumen’s ‘maniacal focus’ on KPIs drove measurable AI impact across use cases and the company at large
By Sage LazzaroJune 9, 2026
AI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook
AIAI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook
By Sharon GoldmanJune 9, 2026
Artistic rendering of a hacker trying to gain access to a worker's computer
AIAI is supercharging cyberattacks—and most companies aren’t ready
By Beatrice NolanJune 9, 2026
Matt Damon and Gary White.
EnvironmentCorporate America has been draining the world’s water. Matt Damon’s new campaign asks Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
Current price of Bitcoin for June 9, 2026
Personal FinanceCurrent price of Bitcoin for June 9, 2026
By Joseph HostetlerJune 9, 2026
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NewslettersDemis Hassabis on his rush to ‘solve all disease’ and Isomorphic’s new $2.1 billion
By Allie GarfinkleMay 27, 2026
Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs
AIFive giant hyperscalers—and Nvidia—share a surprising trait: female CFOs
By Sheryl EstradaMay 27, 2026
The LEGO Foundation donates $97 million to bring play-based learning to over 5 million children in conflict zones
EuropeThe LEGO Foundation donates $97 million to bring play-based learning to over 5 million children in conflict zones
By The Associated Press and James PollardMay 27, 2026
Sen. John Cornyn becomes latest Republican to lose his seat after public falling out with President Donald Trump
PoliticsSen. John Cornyn becomes latest Republican to lose his seat after public falling out with President Donald Trump
By The Associated Press, Jesse Bedayn and Thomas BeaumontMay 27, 2026
Tom Steyer’s $195 million political advertising spend breaks record as the most expensive campaign this year
PoliticsTom Steyer’s $195 million political advertising spend breaks record as the most expensive campaign this year
By The Associated Press and MIchael R. BloodMay 27, 2026
is
CommentaryWe don’t imprison humans preemptively based on the capability to commit crime. Why regulate AI that way?
By Ion StoicaMay 27, 2026
jordan
CommentaryYour company needs a Chief Trust Officer. Here’s three reasons why
By Jonathan JordanMay 27, 2026
Citi’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
MagazineCiti’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue
By Claire ZillmanMay 27, 2026
Why Meta hired Dina Powell McCormick to help sell its vision for AI in Washington and on Wall Street
MagazineWhy Meta hired Dina Powell McCormick to help sell its vision for AI in Washington and on Wall Street
By Ellie AustinMay 27, 2026
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
MagazineAs CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
tt
North AmericaThis is no way to treat our Swiss friends
By Richard W. RahnMay 27, 2026
Like Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids
SuccessLike Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids
By Orianna Rosa RoyleMay 27, 2026
Sam Altman, wearing a suit, speaks in front of a dark red background.
AISam Altman and Dario Amodei are both walking back their AI jobs apocalypse prophecies as they eye blockbuster IPOs
By Sasha RogelbergMay 26, 2026
The 5 Best Massage Chairs (2026): Expert Tested and Reviewed
HealthThe 5 Best Massage Chairs (2026): Expert Tested and Reviewed
By Emily PharesMay 26, 2026
Mark Cuban speaks onstage during a conference in Austin
CryptoBillionaire Mark Cuban says bye-bye Bitcoin: Why he is ‘disappointed’ by crypto
By Jack KubinecMay 26, 2026
Dozens of people sit on a stairs and hold a large banner reading 'Freedom to unionize now'
EconomyUber drivers in Massachusetts just pulled off the biggest labor win since 1941 — just before the robots arrive
By Leah Willingham and The Associated PressMay 26, 2026
tt
HealthTrump spent 3 hours at Walter Reed. he claims ‘everything checked out PERFECTLY’
By Collin Binkley and The Associated PressMay 26, 2026
pp
PoliticsGraham Platner runs controversial ad during Red Sox game vowing to ‘reverse the private equity curse’
By Patrick Whittle, Kimberlee Kruesi, Kyle Hightower and The Associated PressMay 26, 2026
tt
InnovationAmerica’s manufacturing Achilles’ heel: McKinsey’s warning on rare earths grows louder
By Nick LichtenbergMay 26, 2026
kirk
LawBall State fired her over a private Facebook post on Charlie Kirk. Now it’s paying $225,000
By Russ Bynum and The Associated PressMay 26, 2026
The 6 Best Meat Delivery Services (2026): Tested and Reviewed
HealthThe 6 Best Meat Delivery Services (2026): Tested and Reviewed
By Christina SnyderMay 26, 2026
As China bets its future on AI by cutting arts degrees, Jensen Huang says parents shouldn’t worry about what their kids study
AIAs China bets its future on AI by cutting arts degrees, Jensen Huang says parents shouldn’t worry about what their kids study
By Marco Quiroz-GutierrezMay 26, 2026
Largest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias
AILargest study of AI hiring algorithms to date finds ‘clear racial disparities’ — over 25% of Black applicants tainted by bias
By Nick LichtenbergMay 26, 2026
andrew macdonald
AIUber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it
By Jake AngeloMay 26, 2026
Pope Leo XIV presenting his 'AI encyclical' at the Vatican in Rome. The Pope, dressed in white, is sitting in a large chair with a laptop open in front of him and flowers arranged on the table in front of the laptop,
NewslettersPope Leo’s ‘AI encyclical’ says a lot. But critics say it misses the mark
By Jeremy KahnMay 26, 2026
America’s housing market decline is ‘no longer just a Sun Belt story’—LA and Dallas are tumbling, too
Real EstateAmerica’s housing market decline is ‘no longer just a Sun Belt story’—LA and Dallas are tumbling, too
By Nick LichtenbergMay 26, 2026
n
InvestingGoldman Sachs just ran some ugly numbers on the SaaSPocalypse—and found hedge funds are dumping software and piling into semis
By Nick LichtenbergMay 26, 2026
Rear view of a depressed non binary person looking out of their bedroom window on a sunny day - negative emotion
EconomyAmerica is becoming less neighborly, and it’s hurting Gen Z and millennials’ chances at economic mobility
By Tristan BoveMay 26, 2026
Trump has lost four members of his Cabinet. All of them are women
NewslettersTrump has lost four members of his Cabinet. All of them are women
By Emma HinchliffeMay 26, 2026
Coinbase pushes further into AI payments with new MCP for Base network
CryptoCoinbase pushes further into AI payments with new MCP for Base network
By Jeff John RobertsMay 26, 2026
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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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