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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

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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 graduates

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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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'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

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, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
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Chinese beauty brands flock to Southeast Asia as their first step in going global
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
Brian Schimpf gestures with both hands as he speaks on stage.
Anduril CEO Brian Schimpf says economic warfare is the ‘new normal’ for military conflicts—and the U.S. needs to get serious
By Lily Mae LazarusJune 8, 2026
Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military
Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming
Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming
By Sebastian HerreraJune 8, 2026
Two men sitting on chairs on a stage
Your career needs a ‘gym membership’ to keep up with continuous AI advancements, says Campus founder Tade Oyerinde
By Amanda GerutJune 8, 2026
ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic
ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic
By Bloomberg, Shirin Ghaffary and Bailey LipschultzJune 8, 2026
News
More in News
As America nears its 250th, roughly half thinks the American Dream isn’t true anymore
As America nears its 250th, roughly half thinks the American Dream isn’t true anymore

Americans feel it’s harder to get ahead, and more than half of them under 30 believe democracy isn’t essential to the country’s identity.

By The Associated Press, Gary Fields, Linley Sanders and Nicholas RiccardiJune 8, 2026
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

“Don’t read too much into it,” one international trade expert said. “See, this isn’t serious.”

By Sasha RogelbergJune 8, 2026
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
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
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North America
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Child struggling with schoolwork
70% of fourth-graders aren’t reading proficiently, report finds—one of several areas where education is failing America’s kids

A new report on childhood well-being finds the U.S. education system is still reeling from COVID—but the learning crisis started long before the pandemic hit.

By Tristan BoveJune 8, 2026
Gen Z might be the flakiest generation when it comes to career and life decisions. They might also be the most intentional

Young people are playing a careful and cautious game in today’s economy.

By Tristan BoveJune 8, 2026
Inside Trump’s Oval Office deal machine

From tariffs and rate cuts to Intel and Iran, Fortune reports from the room where America’s economic agenda is being hashed out.

By Alyson ShontellJune 8, 2026
Walmart CEO John Furner says even wealthy shoppers are now shopping at the discount grocery chain as high prices stretch six-figure earners

Walmart CEO John Furner says wealthy customers are shopping at the budget grocery chain as high prices stretch family finances to a breaking point.

By Emma BurleighJune 8, 2026
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Europe
More in Europe
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

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
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
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Asia
More in Asia
AXA launches a new insurance and wealth platform for HNWIs as Hong Kong wealth surges past Switzerland
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
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
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Middle East
More in Middle East
The global airline industry’s profits could be cut in half as it braces for its worst year since the pandemic
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
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
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
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Global
More in Global
Gen Z hiring manager says CEOs are right about her generation’s ‘attitude’ problem after a candidate took the interview from her phone
Gen Z hiring manager says CEOs are right about her generation’s ‘attitude’ problem after a candidate took the interview from her phone

“Gen Z aren’t getting jobs because of their attitude,” a Gen Z hiring manager slams after one applicant dialed in from their phone and demanded more money.

By Orianna Rosa RoyleJune 9, 2026
How Michael Saylor’s preferred stock gamble could trigger a death spiral for Strategy

Michael Saylor leveraged Strategy to the hilt. Now the math is working against him.

By Shawn TullyJune 9, 2026
Best private student loans for grad school in June 2026

You’ve conquered your undergraduate degree—but you’re not quite done yet. Which lender best suits your grad school goals?

By Joseph HostetlerJune 8, 2026
Anthropic’s Boris Cherny, creator of Claude Code, says there are days he manages tens of thousands of AI agents at once

As Claude Code increasingly writes, tests, reviews, and proposes improvements to itself, Cherny says developers are becoming managers of vast fleets of AI agents.

By Sharon GoldmanJune 8, 2026
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Deutsche Bank asked AI if it’s true that AI will solve the economy’s inflation problems. The robots answered
EconomyDeutsche Bank asked AI if it’s true that AI will solve the economy’s inflation problems. The robots answered
By Nick LichtenbergApril 1, 2026
jetblue
Travel & LeisureJetBlue hikes checked bag fees as much as $9 on war in Iran
By Rio Yamat and The Associated PressApril 1, 2026
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North AmericaChinese billionaire buys 1% stake in the Miami Dolphins at record $12.5 billion valuation
By The Associated PressApril 1, 2026
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LawWhy hands-free systems in self-driving cars aren’t actually safer, according to the NTSB
By Josh Funk and The Associated PressApril 1, 2026
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LawTiger Woods says he’ll seek treatment for substance abuse after another DUI arrest
By Mike Schneider and The Associated PressApril 1, 2026
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LawThe quadruple amputee cornholer’s shooting was in self-defense, lawyer says
By Brian Witte and The Associated PressApril 1, 2026
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EconomyRetail sales tick up 0.6% in February before Iran war, gas price spike
By Anne D'Innocenzio and The Associated PressApril 1, 2026
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EnergyMicrosoft and Chevron enter exclusivity deal on powering West Texas AI data center complex
By Jordan BlumApril 1, 2026
jamie dimon
Workplace CultureJamie Dimon, office-work champion, vows his anti-remote culture ‘would crush you.’ The economy’s top talent begs to differ
By Jake AngeloApril 1, 2026
Nutrafol Review 2026: Ingredients, Cost, and Whether It Works
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New bonus alert: HSBC Premier checking offering up to $5,000 bonus (for a limited time)
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Luigi Mangione’s federal trial has been pushed back to October in killing of UnitedHealthcare CEO
LawLuigi Mangione’s federal trial has been pushed back to October in killing of UnitedHealthcare CEO
By The Associated Press, Michael R. Sisak and Larry NeumeisterApril 1, 2026
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EnvironmentData centers are so hot their ‘heat island’ effect is raising temperatures up to 6 miles away and impacting 343 million people worldwide, study finds
By Sasha RogelbergApril 1, 2026
How AI will make your Shake Shack order even faster
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By John KellApril 1, 2026
Gen Z shoppers are actually more deliberate than baby boomers and agonize over their cart for days
RetailGen Z shoppers are actually more deliberate than baby boomers and agonize over their cart for days
By Jeena Sharma and Retail BrewApril 1, 2026
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InvestingNew top federal enforcer has his sights set on ending insider trading in prediction markets
By Jacqueline MunisApril 1, 2026
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By Jeremy KahnApril 1, 2026
Chief human resource officer salaries have surged 30% at S&P 500 companies. Here’s why boards are opening the checkbook
C-SuiteChief human resource officer salaries have surged 30% at S&P 500 companies. Here’s why boards are opening the checkbook
By Courtney Vinopal and HR BrewApril 1, 2026
Hershey is moving back to the original recipe for Reese’s Peanut Butter Cups after the chocolate’s grandson blasted them last month
LawHershey is moving back to the original recipe for Reese’s Peanut Butter Cups after the chocolate’s grandson blasted them last month
By The Associated Press and Dee-Ann DurbinApril 1, 2026
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Economy‘Inflationary surge’: Fed economists warn AI hype is overheating the economy whether or not the technology ever delivers
By Jake AngeloApril 1, 2026
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By Nick LichtenbergApril 1, 2026
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By Emma BurleighApril 1, 2026
Five hard lessons from Allbirds’ 99% stock plunge and $39 million fire sale
RetailFive hard lessons from Allbirds’ 99% stock plunge and $39 million fire sale
By Phil WahbaApril 1, 2026
Exclusive: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, sources say
CryptoExclusive: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, sources say
By Ben WeissApril 1, 2026
gary
CommentaryThe biggest mistake CEOs make with AI has nothing to do with the technology
By Gary ShapiroApril 1, 2026
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By Bill GurleyApril 1, 2026
COVID gave us hybrid work. The Iran war might give us a four-day week—and this time, experts say it could stick
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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 IPOplaceholder alt text
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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
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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazonplaceholder alt text
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