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Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundation

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Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listen

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As the U.S. Treasury shells out $95 billion a month in interest to cover deficits, Trump pitches a $1.3 trillion payout to voters if Republicans win the midterms

1

Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundation

2

Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listen

3

As the U.S. Treasury shells out $95 billion a month in interest to cover deficits, Trump pitches a $1.3 trillion payout to voters if Republicans win the midterms
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The leaders 9/11 made—and the ones it took
The leaders 9/11 made—and the ones it took

Also: All the news and watercooler chat from Fortune.

By Diane BradySeptember 11, 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’
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’
By Orianna Rosa RoyleSeptember 11, 2026
AI solves overtourism’s ‘concentration problem’ by helping people find hidden gems, says Klook cofounder Ethan Lin
AI solves overtourism’s ‘concentration problem’ by helping people find hidden gems, says Klook cofounder Ethan Lin
By Angelica AngSeptember 11, 2026
a
‘Gambling with our lives’: former Anthropic researcher quits in alarm at what he saw in 3 years of working at the lab
By Kaitlyn Huamani and The Associated PressSeptember 10, 2026
da
Why did this AI doomer moment break the internet when so many others didn’t?
By Nick LichtenbergSeptember 10, 2026
Dino Mavrookas wearing a blue suit and holding a microphone
This former Navy SEAL spent 5 years in private equity working 100-hour weeks before quitting and building a $9 billion startup
By Preston ForeSeptember 10, 2026
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Future of Work
More in Future of Work
Microsoft’s move in the AI school debate: controls over how student data gets used
Microsoft’s move in the AI school debate: controls over how student data gets used

Microsoft will offer AI privacy standards to every school district as Randi Weingarten says OpenAI and Anthropic have “expressed willingness.”

By Catherina GioinoSeptember 9, 2026
AI is rewriting the entry-level finance job

Hiring hasn’t stopped, but how junior finance staff learn the job is changing fast.

By Sheryl EstradaSeptember 9, 2026
Pony.ai’s CEO thinks robotaxis will be widespread within five years: ‘The technology problem is pretty much already solved’

While Waymo dominates the robotaxi conversation in the U.S., Chinese robotaxi firms like Pony.ai are gaining ground almost everywhere else.

By Anjali TsuiSeptember 8, 2026
The betrayal behind the data-center backlash: AI promised to break the rules of class but is just rewarding them so far

The people reaping the rewards of the AI revolution aren’t the ones that we were told would be.

By Nick LichtenbergSeptember 8, 2026
More in Future of Work
Success
More in Success
e
My ethical will was supposed to be a simple insurance policy — then we lost our daughter

An ethical will is not a legal document, and it does not replace a traditional estate plan. It complements one by capturing the human side of a legacy.

By Eric BeckerSeptember 10, 2026
Wealthy parents are buying their kids $75,000 AI schooling with guardrails as schools grapple with a literacy crisis

Alpha School has AI tutor core subjects and afternoons devoted to life skills workshops as schools nationwide face historically low reading scores.

By Mia OsmonbekovSeptember 10, 2026
GM CEO Mary Barra wants you to buy self-driving cars and drive EVs in the AI future

The automaker’s longest-serving CEO of the modern era has led one of the industry’s most consequential corporate reinventions. She told Fortune that she still has “more to give.”

By Fortune EditorsSeptember 10, 2026
Bayer COO: we stopped assigning sales targets. Our teams aimed higher

With a big redesign, will people still give their best? The answer depends on what you believe about your people.

By Sebastian GuthSeptember 10, 2026
More in Success
C-Suite
More in C-Suite
Hugh Johnston, senior EVP and CFO of The Walt Disney Company.
 Disney CFO says this one sector is critical for driving customer lifetime value: ‘It’s just on fire’

Hugh Johnston also revealed where the company is drawing hard lines on spending.

By Sheryl EstradaSeptember 10, 2026
Billionaire Coinbase CEO Brian Armstrong says most charities are ‘net negative’—and that he has no plans to make his own foundation

The crypto billionaire says he has a donor-advised fund but no plans to start a foundation, joining Elon Musk in casting doubt on traditional giving.

By Sydney LakeSeptember 10, 2026
How beauty giant Estee Lauder’s top technologist is betting on ‘AI everywhere’ to fuel its turnaround

This week, the M.A.C and Clinique maker announced that Brian Franz—who oversees data, technology, and analytics—will take on an expanded role on the C-suite.

By John KellSeptember 9, 2026
Ayala, one of Asia’s oldest conglomerates, wants to keep itself together. Its CEO explains why

Ayala CEO Cezar Consing explains why the 192-year-old Philippine conglomerate is staying together—and demanding more from its businesses.

By Angelica AngSeptember 10, 2026
More in C-Suite
Workplace Culture
More in Workplace Culture
Anthropic logo.
Anthropic researcher resigns, warning that AI companies are “gambling with our lives”

Departing Anthropic researcher is not the first to warn AI labs are racing towards catastrophe. But this time, key staff members still at Anthropic publicly endorsed the view—with one putting the chance of AI causing human extinction at more than 10%.

By Beatrice NolanSeptember 9, 2026
‘Failure is a data point’: Executives say flexibility, not certainty, is what’s needed in a turbulent world

Leaders should focus less on forecasting and more on building organizations that can change course quickly.

By Danny VincentSeptember 8, 2026
Europe doesn’t need any lessons on growth. On September 16, we’ll be revealing 500 reasons why 

On September 16 we will reveal our annual Fortune 500 Europe list, and C-suite leaders from across Europe and the Middle East will be gathering in London for FCF to talk about growth and share successes and best practices.

By Kamal AhmedSeptember 3, 2026
Like Jamie Dimon, AT&T CEO says if you attend a meeting, you need to show up prepared—he ‘craves’ people who don’t just sit back and observe

AT&T’s John Stankey and JPMorgan’s Jamie Dimon agree: Meetings should be worth everyone’s time—and attendees shouldn’t be afraid to disagree.

By Preston ForeSeptember 6, 2026
More in Workplace Culture
Latest stories from Fortune
Health workers retrieve the body of a citizen who died of Ebola virus in the Ituri province of the Democratic Republic of the Congo on June 08, 2026. (Photo: Stringer/Anadolu/Getty Images)
Newsletters
More capable AI is more dangerous AI, Anthropic learns
By Andrew NuscaSeptember 11, 2026
Current ARM mortgage rates report for Sept. 11, 2026
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Current ARM mortgage rates report for Sept. 11, 2026
By Glen Luke FlanaganSeptember 11, 2026
Current refi mortgage rates report for Sept. 11, 2026
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Current refi mortgage rates report for Sept. 11, 2026
By Glen Luke FlanaganSeptember 11, 2026
Mortgage rates today, Sept. 11, 2026: Rates tick upward
Personal Finance
Mortgage rates today, Sept. 11, 2026: Rates tick upward
By Glen Luke FlanaganSeptember 11, 2026
How often you check your phone matters more than how long you spend on it—and if you watch brain rot, you’re burning yourself out
Health
How often you check your phone matters more than how long you spend on it—and if you watch brain rot, you’re burning yourself out
By Catherina GioinoSeptember 11, 2026
Home equity loan and HELOC rates: Sept. 11, 2026
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Today’s home equity loan and HELOC rates, Sept. 11, 2026
By Joseph HostetlerSeptember 11, 2026
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Commentary
NATO Innovation Fund on liftoff: the first European private company reaching orbit
By Patrick Schneider Sikorsky and David OrdonezSeptember 11, 2026
Meta built an AI that can shop for you. The problem is that most people don’t want AI spending their money
AI
Meta built an AI that can shop for you. The problem is that most people don’t want AI spending their money
By Tatiana SatauaSeptember 11, 2026
More LeadershipPage 17 of 100
Warren Buffett is handing $140 billion to his family’s foundations. The way he’s doing it reveals how billionaire philanthropy really works
Personal Finance
Warren Buffett is handing $140 billion to his family’s foundations. The way he’s doing it reveals how billionaire philanthropy really works
By Sydney LakeJuly 30, 2026
  • The Fortune Global 500 gets top-heavy—and more powerful than ever
    Newsletters
    The Fortune Global 500 gets top-heavy—and more powerful than ever
    By Diane BradyJuly 28, 2026
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Big Tech
Microsoft’s cloud just hit a new milestone—Azure crosses $100 billion in annual revenue
By Amanda GerutJuly 29, 2026
Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow
AI
Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow
By Angelica AngJuly 29, 2026
Trump, Sam Altman, and Demis Hassibis at the G7.
AI
More than 1,200 AI workers across Anthropic, DeepMind, OpenAI, and Meta are asking for Washington’s help building an AI slowdown plan
By Beatrice NolanJuly 29, 2026
Eddie Smith Jr driving a boat
Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
Bernard Arnault, CEO of LVMH
Success
LVMH CEO Bernard Arnault reveals he owned nearly 20% of Netflix, but cashed out too early—his stake could be worth up to $60 billion today
By Emma BurleighJuly 29, 2026
  • No. 1 on the Fortune Global 500: Amazon’s Jeff Bezos on how his garage startup became the largest company in the world by revenue
    Magazine
    No. 1 on the Fortune Global 500: Amazon’s Jeff Bezos on how his garage startup became the largest company in the world by revenue
    By Kristin StollerJuly 28, 2026
Millionaires are leaving the U.K. in droves thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay
Success
Millionaires are leaving the U.K. in droves thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay
By Orianna Rosa RoyleJuly 29, 2026
eeoc
Law
EEOC has indefinitely suspended all federal-sector class complaints, lawsuit claims
By Alexandra Olson and The Associated PressJuly 29, 2026
Exclusive: Rent the Runway cofounder Jenn Hyman is taking over IPO-bound Babylist as it nears $1 billion in revenue
C-Suite
Exclusive: Rent the Runway cofounder Jenn Hyman is taking over IPO-bound Babylist as it nears $1 billion in revenue
By Emma HinchliffeJuly 29, 2026
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Commentary
Dr. Fauci, the Age of Big Players in science and what his diary reveals about the disputed origins of Covid
By Steve H. Hanke and Roger KopplJuly 29, 2026
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Arts & Entertainment
60 Minutes hires new lineup including Ross Douthat, Norah O’Donnell
By Jocelyn Noveck and The Associated PressJuly 29, 2026
  • Can a global car company survive today’s complicated world? Nissan hopes to find out
    Magazine
    Can a global car company survive today’s complicated world? Nissan hopes to find out
    By Andrew StaplesJuly 28, 2026
Nnamdi Iregbulem is a partner at Lightspeed Venture Partners
Commentary
Button-mashing never worked in StarCraft. Tokenmaxxing won’t work in AI
By Nnamdi IregbulemJuly 29, 2026
Computer language, Token is the basic unit of AI large models
AI
CFOs are hitting a ‘cost wall’ on AI
By Sheryl EstradaJuly 29, 2026
orla
Commentary
The Benefits Activation Gap: what claims data teaches us about employee engagement
By Orla NixonJuly 29, 2026
What CEOs learned about AI, work, and legacy from their own Gen Z kids
Newsletters
What CEOs learned about AI, work, and legacy from their own Gen Z kids
By Diane BradyJuly 29, 2026
Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game
C-Suite
Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game
By Sarah GlodekJuly 29, 2026
Elon Musk
Big Tech
Elon Musk said money doesn’t matter. Then he rolled out X Money and admitted he’s a ‘former trillionaire’
By Catherina GioinoJuly 29, 2026
Gen Z workers are sneaking out of the office to nap and cry—anywhere secluded away from the desk will do, including Zara’s fitting room
Success
Gen Z workers are sneaking out of the office to nap and cry—anywhere secluded away from the desk will do, including Zara’s fitting room
By Orianna Rosa RoyleJuly 29, 2026
js
Success
‘We’re on top of every restock’: This 24-year-old has made over $4 million off his subscription-based reselling community
By Joshua HongJuly 29, 2026
henrik
Commentary
I was Spotify’s first analytics lead. Here is what VCs get wrong about data
By Henrik LandgrenJuly 29, 2026
FIFA’s plan to raise billions from investors is sparking a backlash: One insider says Europe is angry as it could change soccer’s balance of power
Startups & Venture
FIFA’s plan to raise billions from investors is sparking a backlash: One insider says Europe is angry as it could change soccer’s balance of power
By Allie GarfinkleJuly 28, 2026
Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’
Future of Work
Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’
By Marco Quiroz-GutierrezJuly 28, 2026
Worker in a full cleanroom suit uses a wafer manufacturing tool.
Success
In South Korea, teenagers are skipping college for semiconductor school—they’re landing six-figure Samsung jobs at 17 and bonuses of up to $400,000
By Preston ForeJuly 28, 2026
Stressed rich Gen Zer looks at laptop
Success
Despite making over $135K, 1 in 5 high earners feel ‘depressed’ when thinking about their finances—they may have ‘money dysmorphia’
By Emma BurleighJuly 28, 2026
arnault
C-Suite
Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story
By Mia OsmonbekovJuly 28, 2026
A smartphone displaying the logo of The Bank of New York Mellon Corporation (BNY) in front of a BNY brand background.
AI
BNY skipped the ‘tokenmaxxing’ craze. Here’s what AI metrics it tracks instead
By Sheryl EstradaJuly 28, 2026
kfc
Retail
‘He did wear clip-ons’: KFC founder Colonel Sanders’ pressure cooker, bow ties, former home up for auction
By Dylan Lovan and The Associated PressJuly 28, 2026
infantino
North America
FIFA Chief Infantino lashes out at critics ‘consumed by hate and criticism’ who spread ‘hate and false rumors’
By Graham Dunbar and The Associated PressJuly 28, 2026
Head of French multinational corporation LVMH Bernard Arnault (C) and his wife Helene (2R), pose with their children (from L-R) Frederic Arnault, Delphine Arnault, Antoine Arnault and Alexandre Arnault after the ceremony marking Paris' Iconic department store 'La Samaritaine' reopening after 16 years of closure on June 21, 2021 in Paris, France.
C-Suite
Bernard Arnault slams claim his kids are feuding for control of the $142 billion LVMH empire: ‘They burst out laughing … It is the stuff of novels’
By Eleanor PringleJuly 28, 2026
jiro
Commentary
You don’t need to be an expert to hire one. You need a tunaman
By Vitaliy KatsenelsonJuly 28, 2026
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Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundationplaceholder alt text
By Sydney LakeSeptember 10, 2026
Economy
Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listenplaceholder alt text
By Marco Quiroz-GutierrezSeptember 10, 2026
Economy
As the U.S. Treasury shells out $95 billion a month in interest to cover deficits, Trump pitches a $1.3 trillion payout to voters if Republicans win the midtermsplaceholder alt text
By Eleanor PringleSeptember 10, 2026
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