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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

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

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
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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
More in Global
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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Warren Buffett rides in a golf cart
Big Tech
Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google
By Mia OsmonbekovJuly 16, 2026
hegseth
Health
Only 12% of testosterone prescriptions are medically necessary — and Trump wants to make that ratio even smaller
By Matthew Perrone and The Associated PressJuly 16, 2026
scam
Cybersecurity
‘I want to cry, I want to vomit’: Meet a 43-year-old who lost $90,000 to an online boyfriend she never met
By Juliet Linderman and The Associated PressJuly 16, 2026
Kalshi hits pause on flight cancellation contracts
Banking
Kalshi hits pause on flight cancellation contracts
By Jeff John RobertsJuly 16, 2026
Satya Nadella
Newsletters
Big Tech’s top executives warn enterprises are giving away too much to AI labs
By Beatrice NolanJuly 16, 2026
Best Cardio Machines for Your Home (2026): Expert Tested
Health
Best Cardio Machines for Your Home (2026): Expert Tested
By Emily PharesJuly 16, 2026
The Best Personalized Vitamin Subscriptions (2026): Vitamins for Your Needs
Health
The Best Personalized Vitamin Subscriptions (2026): Vitamins for Your Needs
By Christina SnyderJuly 16, 2026
The global rich like Peter Thiel are eyeing the exit door. Argentina wants to be a ‘serious contender’ in the migration game
Investing
The global rich like Peter Thiel are eyeing the exit door. Argentina wants to be a ‘serious contender’ in the migration game
By Mia OsmonbekovJuly 16, 2026
Donald Trump looks at Xi Jinping and puts a hand on his arm.
Economy
Trump has tried to decouple from China, but ending U.S. reliance on the country would cost America nearly $14 trillion, EY warns
By Sasha RogelbergJuly 16, 2026
lj
Success
The $500 million LeBron James sweepstakes: 5 cities race for the right to boost their economy with the chosen one
By Joshua HongJuly 16, 2026
Lamine Yamal #19 of Spain
Success
Lamine Yamal is the third-youngest World Cup finalist—and he was scouted from his working-class neighborhood at just 6 years old
By Emma BurleighJuly 16, 2026
‘We absolutely screwed up’: JD Vance blames Pam Bondi for the Trump administration’s miscommunication around the Epstein files
Politics
‘We absolutely screwed up’: JD Vance blames Pam Bondi for the Trump administration’s miscommunication around the Epstein files
By The Associated Press and Seung Min KimJuly 16, 2026
Jamie Dimon surrounded by construction workers.
Success
JPMorgan CEO Jamie Dimon says 300,000 workers are needed to rebuild American shipbuilding—with jobs paying $100,000 without a college degree
By Preston ForeJuly 16, 2026
Europe optimized its supply chains for cost. Now it must pay for resilience  
Commentary
Europe optimized its supply chains for cost. Now it must pay for resilience  
By Richard SaynorJuly 16, 2026
school
AI
84% of students use AI for homework. Only 3 in 10 schools have rules for it
By Brett DeJager and The ConversationJuly 16, 2026
The landing page of the Visa Stablecoin Platform
Crypto
Exclusive: Visa launches new platform to provide stablecoin services to more than 200 million merchants
By Camila Grigera NaónJuly 16, 2026
US Federal Reserve Chair Kevin Warsh testifies during a Senate Banking Committee hearing titled "The Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington, DC, on July 15, 2026.
Economy
Warsh’s Fed plan means it’s time to read the bond market backwards, says Morgan Stanley chief—and it could be great news for borrowers and homeowners
By Eleanor PringleJuly 16, 2026
inflation
Economy
Wholesale inflation falls 0.3% in June, but Iran war clouds outlook
By Paul Wiseman and The Associated PressJuly 16, 2026
ua
Travel & Leisure
United Airlines’ new ‘Economy Plus’ offering is an empty middle seat next to you
By The Associated PressJuly 16, 2026
Morgan Stanley headquarters building in New York City.
Banking
Morgan Stanley is riding high on the IPO boom with 70% of the top 100 unicorns in its pipeline, CFO says
By Sheryl EstradaJuly 16, 2026
m
Health
Musk says he’s blocked from South Africa because he’s white. Amazon just moved in
By Gerald Imray and The Associated PressJuly 16, 2026
dario
AI
Meta Oversight Board study: AI chatbots may be the most perfect propaganda machine ever invented
By Didi Tang and The Associated PressJuly 16, 2026
Pascal cofounders Matthew Downey (left) and Ivo Crnkovic-Rubsamen (right) stand side by side against a brick wall.
Crypto
Exclusive: Prediction market startup Pascal raises $9 million to challenge heavyweights Kalshi and Polymarket
By Camila Grigera NaónJuly 16, 2026
eu
AI
EU orders Google to share search data with rivals by 2027; search giant complains about ‘unfamiliar companies’ in your grill
By The Associated PressJuly 16, 2026
What is workers’ compensation insurance, and what does it cover?
Personal Finance
What is workers’ compensation insurance, and what does it cover?
By Joseph HostetlerJuly 16, 2026
Marc Lore smiles
Startups & Venture
Exclusive: Marc Lore says Wonder is gearing up for an IPO after raising $650 million at a $9 billion valuation
By Lily Mae LazarusJuly 16, 2026
trump
North America
Trump insists ‘Iran is unhappy right now’ while venting about ‘electric catapults that don’t work’ at defense tech summit
By Will Weissert, Sagar Meghani and The Associated PressJuly 16, 2026
gs
Arts & Entertainment
‘I took my fat behind off the coach and tried something new!’: George Santos lands starring role on Fox reality show
By Anthony Izaguirre and The Associated PressJuly 16, 2026
prosecutor
Politics
Seattle’s top prosecutor was waiting in the courthouse lobby an hour after he got the job when Trump fired him over email
By Gene Johnson and The Associated PressJuly 16, 2026
tsmc
North America
Taiwan’s chip superpower just pledged another $100 billion to help the U.S. get its act together
By Chan Ho-Him and The Associated PressJuly 16, 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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