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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

2

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'

1

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

2

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'
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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
Inside Trump’s Oval Office deal machine
Inside Trump’s Oval Office deal machine
By Alyson ShontellJune 8, 2026
The 4 Best Calcium Supplements of 2026: Approved by Our Experts
The 4 Best Calcium Supplements of 2026: Approved by Our Experts
By Christina SnyderJune 8, 2026
John Furner, CEO, Walmart US
Even the ultra-wealthy are having to shop in Walmart right now, CEO John Furner says: ‘We’re meeting more of them, they’re buying more’
By Emma BurleighJune 8, 2026
Costco CEO Ron Vachris
Costco CEO Ron Vachris rose from the warehouse floor to the corner office without a college degree—and he says it’s thanks to not job hopping
By Preston ForeJune 8, 2026
Spotify’s secret to winning the hiring war? Keep your talent moving and growing
Spotify’s secret to winning the hiring war? Keep your talent moving and growing
By Francesca CassidyJune 8, 2026
News
More in News
SoFi Stadium workers vote to authorize a strike as Los Angeles prepares to host World Cup games
SoFi Stadium workers vote to authorize a strike as Los Angeles prepares to host World Cup games

Stadium workers near Los Angeles have voted to authorize a strike as the venue prepares to host the U.S. men’s soccer team’s opening World Cup match. It doesn’t guarantee that the 2,000 bartenders, servers, cooks and dishwashers at SoFi Stadium in Inglewood, California, will walk off the job. But it gives them the option to […]

By The Associated Press and Amy TaxinJune 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
Trump calls Iran war a ‘military exercise’ even as Hormuz fighting heats up and denies promising no new wars — despite repeated pledges

“First of all, I didn’t guarantee no war,” Trump claimed. “Why would I have built the strongest military in the world?”

By Jason MaJune 7, 2026
U.S. floats steering frozen Iran assets to Gulf allies for repairs

Treasury Secretary Scott Bessent has directed his team to assess conditions among US allies in the region and request comprehensive estimates.

By Jennifer A. Dlouhy and BloombergJune 7, 2026
More in News
North America
More in North America
In this AI-driven world, Tod Boehly has spotted the best test for leadership. Someone who is willing to say “I don’t know”
In this AI-driven world, Tod 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
Iran fires missiles at Israel in first such bombardment since ceasefire as Trump says ‘I’m not happy about’ Israeli strikes on Lebanon

Tehran had warned of retaliation after Israel struck Beirut’s southern suburbs without warning earlier Sunday in defiance of Washington’s request days ago to stand down.

By Kareem Chehayeb, Samy Magdy, Melanie Lidman and The Associated PressJune 7, 2026
Trump says Fed rate increase would be wrong ahead of Warsh debut

“I’m living with Kevin. I have a lot of respect for him, but my feeling is that when a country is doing well, they shouldn’t be penalized by immediately raising interest rates.”

By Tony Czuczka, Jennifer A. Dlouhy and BloombergJune 7, 2026
Repair Cafes, the Buy Nothing Project and tool libraries are part of an anticonsumerism trend rejecting mass-produced disposable goods

“Even if Repair Cafes can’t solve the problem alone, then still they are a very clear sign that change is needed on a much higher level.”

By Michael Weissenstein and The Associated PressJune 7, 2026
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Europe
More in Europe
The women running Europe in 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
Tech leaders are moving beyond AI hype: Here’s what’s actually working

Senior technology leaders from Mars, Orange, Reckitt, and Saint-Gobain discuss how to turn AI ambition into enterprise transformation.

By Francesca CassidyJune 8, 2026
During D-Day speech in France, Hegseth invokes immigration and says ‘When will European capitals do something about that invasion?’

“Beaches in Spain and Italy and Greece and Bulgaria. Boats and men arrive.”

By The Associated PressJune 6, 2026
Ukraine targets St. Petersburg after Putin refuses talks

Russia, meanwhile, kept up its own attacks on Ukraine. At least 12 civilians were killed and over 70 injured across the nation over the past day, regional authorities said on Saturday. 

By BloombergJune 6, 2026
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Asia
More in Asia
Nvidia’s CEO says new Vera chip will use SK Hynix’s memory chips
Nvidia’s CEO says new Vera chip will use SK Hynix’s memory chips

“We had a very big year this year with SK Hynix, and we are preparing for a very, very large second half of the year and next year.”

By Yoolim Lee and BloombergJune 7, 2026
‘The next China is still China’: McKinsey’s Joe Ngai and Nick Leung on why global business can’t write off the Chinese economy

“You can’t find another China. There’s no other China out there now,” Greater China chair Joe Ngai says.

By Nicholas GordonJune 4, 2026
Asia turns to U.S. oil and gas amid Iran war: ‘We get too much into that tree-hugging mode’

Singapore looks to U.S. supplies as it builds out its natural gas importing infrastructure.

By Jordan BlumJune 4, 2026
He’s got golden hair, weighs 1,500 pounds, and he’s a rare albino buffalo. Bangladesh is calling him ‘Donald Trump’

Fans brush its hair, blast it with fans, and line up in the heat to see it, but the zoo curator who put up the “Donald Trump” sign was fired.

By Al Emrun Garjon, Julhas Alam and The Associated PressJune 3, 2026
More in Asia
Middle East
More in Middle East
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’

“The attack drones posed an immediate threat to regional maritime traffic,” U.S. Central Command said.

By Jason MaJune 6, 2026
Why oil’s not at $200 after the biggest supply shock in history

Global inventories are drawing down at a record pace, leaving the market increasingly vulnerable to fresh disruptions.

By Devika Krishna Kumar, Alex Longley, Yongchang Chin, Mia Gindis and BloombergJune 6, 2026
ICC Secretary General: The Hormuz clock that matters isn’t diplomatic — it’s agricultural

The real clock on the Hormuz closure is agricultural — and by the time the food crisis is visible, the decisions that caused it will be six months old.

By John W.H. Denton AOJune 6, 2026
The S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway

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

By Jim EdwardsJune 5, 2026
More in Middle East
Global
More in Global
Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices
Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices

“As a senior executive, you get paid to make a small number of high-quality decisions,” the Amazon founder said.

By Sydney LakeJune 8, 2026
The Best Weightlifting Apps of 2026: Programming, Coaching, and More

Find the best weightlifting apps that bring advice, programming, and more to your fingertips

By Christina SnyderJune 8, 2026
Top CD rates from major banks on June 8, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

A deposit account at a bank you already recognize can be a safe way to earn interest on your money.

By Joseph HostetlerJune 8, 2026
Current price of Ethereum for June 8, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerJune 8, 2026
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Current price of Bitcoin for June 8, 2026
Personal FinanceCurrent price of Bitcoin for June 8, 2026
By Joseph HostetlerJune 8, 2026
Current price of oil as of June 8, 2026
Personal FinanceCurrent price of oil as of June 8, 2026
By Joseph HostetlerJune 8, 2026
The Best Non-Stim Pre-Workout Supplements (2026): Nutrition Expert Approved
HealthThe Best Non-Stim Pre-Workout Supplements (2026): Nutrition Expert Approved
By Emily PharesJune 8, 2026
Current price of gold as of June 8, 2026
Personal FinanceCurrent price of gold as of June 8, 2026
By Danny BakstJune 8, 2026
Current price of silver as of Monday, June 8, 2026
Personal FinanceCurrent price of silver as of Monday, June 8, 2026
By Joseph HostetlerJune 8, 2026
Citi's Jenn Landis
NewslettersJenn Landis rebuilt Citi’s Wall Street credibility. Her reward: CFO of a $22 billion business
By Sheryl EstradaJune 8, 2026
solomon
C-SuiteExclusive: Goldman Sachs intern acceptance rate falls below 1% for third straight year
By Nick LichtenbergJune 8, 2026
dw
C-SuiteThe CEO question that stumped a room full of COOs
By Ruth UmohJune 8, 2026
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Polymarket cuts ties with former Rep. George Santos as feds investigate if he illegally bet against his own actions on Kalshi
PoliticsPolymarket cuts ties with former Rep. George Santos as feds investigate if he illegally bet against his own actions on Kalshi
By The Associated Press and Jake OffenhartzJune 3, 2026
ee
North AmericaNASA says the elephant-sized meteor that landed on New England is totally normal
By Hallie Golden and The Associated PressJune 3, 2026
ll
PoliticsAn Iowa farm has been in his family for a century. He just beat Trump’s pick by running against pesticides and big ag
By Hannah Fingerhut, Ali Swenson and The Associated PressJune 3, 2026
c
PoliticsThe two most powerful conferences in college sports just pulled the rug on Congress
By Eddie Pells and The Associated PressJune 3, 2026
pox
North AmericaTwo government virologists smuggled Mpox vials into the U.S. It’s not clear why
By Ed White and The Associated PressJune 3, 2026
rr
North AmericaSupport for same-sex marriage hits lowest point in years as GOP acceptance collapses, Gallup finds
By Geoff Mulvihill, Amelia Thomson-Deveaux and The Associated PressJune 3, 2026
t
PoliticsTariff man rides again as Trump slaps 10% duties on key trading partners — except the ones who get 12.5%
By The Associated PressJune 3, 2026
t
North America$215 million later, Tom Steyer is running third. California’s Governor race is still anyone’s
By Sophie Austin and The Associated PressJune 3, 2026
These Fortune 500 companies are bigger than most national economies—here’s where they’d rank as countries
Big TechThese Fortune 500 companies are bigger than most national economies—here’s where they’d rank as countries
By Catherina GioinoJune 3, 2026
ste
EconomyOECD warns of ‘scarring effects,’ recession scenarios—but finds ‘no signs of widespread labour displacement’ from AI
By Nick LichtenbergJune 3, 2026
The 4 Best Hair Loss Treatments for Women in 2026: Tested for Results and Regrowth
HealthThe 4 Best Hair Loss Treatments for Women in 2026: Tested for Results and Regrowth
By Christina SnyderJune 3, 2026
Google CEO Sundar Pichai
AIBy every measure, U.S. companies are winning on AI adoption—but a series of high-profile snafus shows they’re getting pummeled by costs
By Tristan BoveJune 3, 2026
The 4 Best Scalp Massagers for Hair Growth: Tested and Reviewed
HealthThe 4 Best Scalp Massagers for Hair Growth: Tested and Reviewed
By Emily PharesJune 3, 2026
‘A landmark moment for homebuying’: A San Francisco seller wants OpenAI or Anthropic stock for their $3 million home
Real Estate‘A landmark moment for homebuying’: A San Francisco seller wants OpenAI or Anthropic stock for their $3 million home
By Sydney LakeJune 3, 2026
Bernie Sanders wants Americans to own a piece of AI. The Trump White House seems to agree
AIBernie Sanders wants Americans to own a piece of AI. The Trump White House seems to agree
By Catherina GioinoJune 3, 2026
b
PoliticsTrump retreats on $1.8 billion slush fund for DOJ after rare Republican resistance
By Eric Tucker, Alanna Durkin Richer and The Associated PressJune 3, 2026
Germany kicked off U.N. Security Council for the first time since it joined in 1973
EuropeGermany kicked off U.N. Security Council for the first time since it joined in 1973
By Edith M. Lederer and The Associated PressJune 3, 2026
Artist who painted life-sized swimming whale mural in Dallas sues FIFA for allegedly illegally painting over his work
LawArtist who painted life-sized swimming whale mural in Dallas sues FIFA for allegedly illegally painting over his work
By Russ Bynum and The Associated PressJune 3, 2026
dw
ConferencesThis CEO has had 6 major jobs in Silicon Valley: How Dennis Woodside built a career on saying yes to hard problems
By Nick LichtenbergJune 3, 2026
dep
Conferences‘Will I still matter?’ The ‘Optimism Doctor’ says people can tolerate uncertainty—the AI angst is about something else
By Nick LichtenbergJune 3, 2026
coo
ConferencesFrom ‘reinvention exhaustion’ to ‘friction absorption’: the e-commerce elves who make your groceries and clothes appear are worn out
By Nick LichtenbergJune 3, 2026
Soldier Field in Chicago during 1994 FIFA World Cup opening ceremonies
EconomySome of the biggest U.S. sporting towns decided not to host any World Cup games, fearing a ‘major financial burden to our cities’
By Tristan BoveJune 3, 2026
CHONGQING, CHINA - JANUARY 22: In this photo illustration, a smartphone displays the logo of Automatic Data Processing, Inc. (NASDAQ: ADP), an American provider of human capital management solutions including payroll, workforce management and business outsourcing services, in front of a screen showing the company's latest stock market chart on January 22, 2026, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)
EconomyAI was supposed to be killing jobs. In spring, the labor market is opening up instead
By Eva RoytburgJune 3, 2026
zhu
Conferences‘One thing after the next’: Axon and Schneider Electric supply chain chiefs talk life in permanent disruption
By Nick LichtenbergJune 3, 2026
dr. oz
HealthDr. Oz on why Trump appointed a real-estate heir as acting intelligence chief: ‘I think Bill’s a great guy. I know him socially’
By Will Weissert, Josh Boak and The Associated PressJune 3, 2026
A $245 million Bitcoin heist led police to a ‘Godfather’ who hired Sheriff’s deputies as enforcers
North AmericaA $245 million Bitcoin heist led police to a ‘Godfather’ who hired Sheriff’s deputies as enforcers
By Dave Collins and The Associated PressJune 3, 2026
fifa
LawAn artist painted a mural of life-sized whales in Dallas — then FIFA painted over it for the World Cup
By Russ Bynum and The Associated PressJune 3, 2026
How Bazooka’s CIO is bringing AI to the gum game and navigating candy industry headwinds
NewslettersHow Bazooka’s CIO is bringing AI to the gum game and navigating candy industry headwinds
By John KellJune 3, 2026
Mike Bloomberg matches $25 million fundraising effort to educate youths about 9/11 ahead of the 25th anniversary
North AmericaMike Bloomberg matches $25 million fundraising effort to educate youths about 9/11 ahead of the 25th anniversary
By James Pollard and The Associated PressJune 3, 2026
Cisco CEO Chuck Robbins
SuccessDespite his hectic schedule, Cisco CEO Chuck Robbins says he’s ‘the most responsive person in the company’—and looks for the same trait in new hires
By Emma BurleighJune 3, 2026
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Economy
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their moneyplaceholder alt text
By Nick LichtenbergJune 7, 2026
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Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduatesplaceholder alt text
By Preston ForeJune 7, 2026
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Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'placeholder alt text
By Eva RoytburgJune 7, 2026
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