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The American household just took an 81% margin cut. Wall Street hasn’t priced it in

The economy is treating the oil shock like a temporary inflation problem. It’s actually a household solvency problem, and the risk is radiating.

By Katica RoyMay 2, 2026
mackenzie
Stop donating to Harvard and the Ivy League. There’s a better option that MacKenzie Scott already figured out
By Ed Smith-LewisMay 2, 2026
Blackstone’s Steve Schwarzman built a program to teach young leaders about China. It’s harder to get into than Harvard
Blackstone’s Steve Schwarzman built a program to teach young leaders about China. It’s harder to get into than Harvard
By Shawn TullyMay 2, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsMay 1, 2026
cox
Billionaires have a problem money can’t solve: They don’t know how to talk to their kids
By Nick LichtenbergMay 1, 2026
male engineer working under pylon
Utility CEOs pocket $626 million as American energy bills hit record highs
By Tristan BoveMay 1, 2026
Future of Work
More in Future of Work
Young trade worker learning on job
Forget Big Tech: Small businesses will hire nearly 1 million grads in 2026—and some of the hottest roles are gloriously AI-proof

While financial analysts and software engineers have suffered the biggest decline in share of the new grad job market, AI engineers and service technicians are at the top.

By Emma BurleighMay 1, 2026
MIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce

CEOs who cut entry-level jobs risk long-term fallout, warns MIT’s Andrew McAfee—as IBM and Salesforce double down on Gen Z talent.

By Preston ForeMay 1, 2026
Meet the Americans dismissing AI hype and using it with ingenuity: ‘The efficiencies gained out of it have been tremendous’

“When it first started up, I was in the camp of, ‘Oh my God, this is the end for us,’” Natalie Blythe said. Then she started learning.

By Cathy Bussewitz and The Associated PressMay 1, 2026
Tesla’s former HR chief: the AI layoff panic Is built on a false premise—here’s what most workers need to know

The hyperscaler math driving cuts at Meta and Microsoft does not apply to the companies where most Americans actually work.

By Valerie Capers WorkmanMay 1, 2026
More in Future of Work
Success
More in Success
francis
Former Miami Mayor Francis Suarez: Why I’m joining Stephen Ross and Ken Griffin in betting big on ambitious business leaders

The man behind Miami’s viral “How can I help?” explains why he signed on as Senior Advisor to the Gold Coast’s most ambitious recruitment campaign yet.

By Francis SuarezMay 1, 2026
Scott Bessent on financial literacy: ‘it drives me crazy’ to see young men in blue-collar construction jobs playing the lottery

The billionaire hedge fund manager has made Financial Literacy Month an initiative, driven by a childhood marred by poverty.

By Fatima Hussein and The Associated PressMay 1, 2026
Public schools in Texas banned cellphones. One district has already seen 200,000 more library books checked out

Library book checkouts at one Texas school district jumped nearly 25% just months after a cellphone ban—but for many Gen Z and Gen Alpha students, the literacy crisis may already run too deep to reverse.

By Preston ForeApril 30, 2026
Premium card perks are ‘designed to create a win-win-win for everyone’ but customers are paying with heavy annual fees and data

As consumers hunt for savings, elite credit cards are leaning on partner perks that can help offset costs and turn rewards into household budgeting.

By Catherina GioinoApril 30, 2026
More in Success
C-Suite
More in C-Suite
elon
Elon Musk gets testy on the stand: ‘I thought I had started a nonprofit with OpenAI but they stole it’

That’s “the entire basis of this lawsuit,” Musk said when asked why he hadn’t created a(nother) nonprofit.

By Barbara Ortutay and The Associated PressMay 1, 2026
As the world swelters, companies scramble for ways to keep everyone cool

From record heat to rising energy costs, climate control is now strategic—helping companies like Trane Technologies post strong results as AI reshapes how buildings are managed

By Kamal AhmedMay 1, 2026
Apple’s new CEO said he will continue the company’s tradition of secrecy—and Wall Street loved it

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

By Jim EdwardsMay 1, 2026
Tim Cook’s advice for Apple’s next CEO

In today’s edition: John Ternus advice, Meta vs. New Mexico, Anthropic’s Big Tech influence. Plus: Google, Linux, Meta, OpenAI, Kalshi, Polymarket, Roblox, xAI.

By Andrew NuscaMay 1, 2026
More in C-Suite
Workplace Culture
More in Workplace Culture
capuano
Marriott CEO on why you have to defend both DEI and ICE’s right to a hotel room: Dictating values is a ‘bad place for the country’

Tony Capuano told Fortune that core values and a strong culture are “a great true north when you’re trying to navigate these crazy times.”

By Nick LichtenbergApril 30, 2026
Hyatt’s CEO has built a ‘family’ culture for 20 years. Now he’s leaning on it

As geopolitical shocks and a fractured workforce test his industry, Mark Hoplamazian tells Fortune that caring for people isn’t soft — it’s strategic.

By Nick LichtenbergApril 30, 2026
Jamie Dimon says bureaucracy sinks companies and the solution may be getting rid of the ‘jerks’ who don’t want to solve it

The JPMorgan CEO added that bureaucracy, complacency, and arrogance will take down a company faster than any outside competitor.

By Marco Quiroz-GutierrezApril 29, 2026
Gensler Co-Chair: Hot-desking was supposed to save money. It may be costing you your culture

Our survey data shows unassigned seating comes with a hidden price tag — in focus, belonging and the spontaneous collaboration that no policy can create.

By Diane HoskinsApril 30, 2026
More in Workplace Culture
Latest Stories
dario
CommentaryAnthropic’s most powerful AI model just exposed a crisis in corporate governance. Here’s the framework every CEO needs.
By Jeffrey Sonnenfeld, Stephen Henriques, Dan Kent and Holden LeeMay 2, 2026
Trump picked a fight with the Pope: The one person he can’t fire, can’t outbid, and can’t outlast
PoliticsTrump picked a fight with the Pope: The one person he can’t fire, can’t outbid, and can’t outlast
By Catherina GioinoMay 2, 2026
A group of people wait by a gap pump with their motorcycles.
EnergyOne economist’s ‘radical idea’ to solve the biggest energy crisis in history: a reverse OPEC
By Sasha RogelbergMay 2, 2026
drinks
CommentaryWe need a new way of thinking about drinking: Time to replace the ‘standard drink’ with advice people can actually use
By Justin KissingerMay 2, 2026
pakistan
CommentaryAsia is being hammered by the Iran conflict’s economic fallout. The U.S. has the playbook to help—and every reason to
By Wendy Cutler and Jane MellsopMay 2, 2026
Betting on the Kentucky Derby is more popular than ever. So why is it so confusing?
LawBetting on the Kentucky Derby is more popular than ever. So why is it so confusing?
By Catherina GioinoMay 2, 2026
In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. (Handout Photo by the U.S. Navy via Getty Images)
PoliticsThe Iran war has turned the world’s shipping straits into a chessboard—and the U.S. aims to box out China from the Panama Canal to the Malacca Strait
By Jordan BlumMay 2, 2026
Trump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration
PoliticsTrump says a ‘final proposal’ for a taxpayer-funded takeover of Spirit Airlines is under consideration
By Michelle L. Price, Rio Yamat and The Associated PressMay 1, 2026
More LeadershipPage 27 of 100
clooney
EconomyIt’s more than George Clooney moving to France: America is becoming the ‘uncool’ country that people want to move away from
By Nick LichtenbergFebruary 27, 2026
  • louvre
    EuropeThe new Louvre director has to restore an institution that was literally robbed in broad daylight
    By Sylvie Corbet and The Associated PressFebruary 25, 2026
For $20,000, a humanoid robot will do your household chores for you like unloading the dishwasher and watering plants—but it still needs help
InnovationFor $20,000, a humanoid robot will do your household chores for you like unloading the dishwasher and watering plants—but it still needs help
By Matty Merritt and Morning BrewFebruary 26, 2026
A man sits in his bedroom at a desk, looking at his laptop and taking a phone call.
Future of WorkRemote employees have quietly unlocked one major workplace perk: Getting paid 12% more than their in-office colleagues, Fed study finds
By Sasha RogelbergFebruary 26, 2026
Anthropic’s Dario Amodei says he spends up to 40% of his time on company culture, not products, because it’s the only thing that will win the AI race
Workplace CultureAnthropic’s Dario Amodei says he spends up to 40% of his time on company culture, not products, because it’s the only thing that will win the AI race
By Marco Quiroz-GutierrezFebruary 26, 2026
peter thiel
AIForget the STEM safety net. Peter Thiel warns AI is a bigger threat to technical roles than to creative thinkers
By Jake AngeloFebruary 26, 2026
Smiling female holding a laptop
SuccessDespite the constant ‘job apocalypse’ warnings, computer science graduates are actually on track to earn $81,000 right out of college
By Preston ForeFebruary 26, 2026
  • Gen Z Olympic champion Eileen Gu says she rewires her brain daily to be more successful—and multimillionaire founder Arianna Huffington says it really does work
    SuccessGen Z Olympic champion Eileen Gu says she rewires her brain daily to be more successful—and multimillionaire founder Arianna Huffington says it really does work
    By Orianna Rosa RoyleFebruary 25, 2026
Photo of MacKenzie Scott
SuccessMacKenzie Scott gave away $7.2 billion in just one year. That’s more than Jeff Bezos and most other billionaires have donated in their lifetimes
By Sydney LakeFebruary 26, 2026
50 seasons later, ‘Survivor’ bets on nostalgia to win the ratings game
Success50 seasons later, ‘Survivor’ bets on nostalgia to win the ratings game
By Matty Merritt and Morning BrewFebruary 26, 2026
Watchmaker repairs broken watch
SuccessRolex has just opened a trade school for watchmakers in Texas. Already competition is as fierce as Harvard’s, and students could walk out with $95,000 jobs
By Emma BurleighFebruary 26, 2026
sheinbaum
Future of WorkMexico approves reduction of work week from 48 to 40 hours—eventually
By The Associated PressFebruary 26, 2026
gates
LawGates Foundation says Bill Gates ‘spoke candidly’ about Epstein ties in address to staff
By Glenn Gamboa, James Pollard and The Associated PressFebruary 26, 2026
  • Forget job titles when you’re in your 20s—that was the best career advice Barack Obama gave his ex-speechwriter
    SuccessForget job titles when you’re in your 20s—that was the best career advice Barack Obama gave his ex-speechwriter
    By Orianna Rosa RoyleFebruary 25, 2026
wealth
EconomyThe great (small business) wealth transfer: McKinsey sees $5 trillion of baby boomer companies coming up for sale over the next decade
By Nick LichtenbergFebruary 26, 2026
The remote work fight isn’t over: Workers are willing to take a major pay cut, up to 25%, Harvard study shows
Future of WorkThe remote work fight isn’t over: Workers are willing to take a major pay cut, up to 25%, Harvard study shows
By Sydney LakeFebruary 26, 2026
brende
EuropeWorld Economic Forum head to resign over Epstein ties
By The Associated PressFebruary 26, 2026
the pitt
Commentary‘The Pitt’: a masterclass display of DEI in action 
By Robert RabenFebruary 26, 2026
Performers in Morph suits on a football field pre-match
Europe‘I sell millions of Halloween costumes to Americans. Mr. President, here’s my takeaway from the wild tariffs ride’
By Kamal AhmedFebruary 26, 2026
Bilt’s new AI ‘Neighborhood Concierge’ goes head-to-head with Amazon as the battle for home-based commerce heats up
NewslettersBilt’s new AI ‘Neighborhood Concierge’ goes head-to-head with Amazon as the battle for home-based commerce heats up
By Diane Brady and Claire ZillmanFebruary 26, 2026
Exclusive: Bilt’s new AI ‘Neighborhood Concierge’ takes on Amazon and other e-commerce giants
C-SuiteExclusive: Bilt’s new AI ‘Neighborhood Concierge’ takes on Amazon and other e-commerce giants
By Diane BradyFebruary 26, 2026
electrician
Economy‘If I was 18 now, there is no way I would go to university only to leave with huge debts and poor job prospects,’ says analyst. He’d be an electrician
By Nick LichtenbergFebruary 26, 2026
Morgan Stanley predicts AI won’t let you retire early: Instead, you’ll have to train for jobs that don’t exist yet
AIMorgan Stanley predicts AI won’t let you retire early: Instead, you’ll have to train for jobs that don’t exist yet
By Nick LichtenbergFebruary 26, 2026
Customers in the electronics section at Walmart on Black Friday in Columbus, Ohio, US, on Friday, Nov. 28, 2025. Americans are planning to spend more this holiday season than last year, according to credit reporting firm TransUnion. Photographer: Brian Kaiser/Bloomberg via Getty Images
C-SuiteMcKinsey studied 61 growth companies that outperformed their peers through COVID, inflation, and labor shocks. Here’s what they all had in common
By Geoff ColvinFebruary 26, 2026
summers
LawLarry Summers to resign from Harvard with Epstein ties under review
By Collin Binkley and The Associated PressFebruary 25, 2026
‘Trump Accounts’ means kids can have $270,000 saved by age 18.  Larry Fink says that’s twice as much as most adults have now
Personal Finance‘Trump Accounts’ means kids can have $270,000 saved by age 18.  Larry Fink says that’s twice as much as most adults have now
By Catherina GioinoFebruary 25, 2026
Amazon Ring’s founder is back with a hard pivot to AI. How Jamie Siminoff went from ‘Shark Tank’ reject to $1 billion brand
SuccessAmazon Ring’s founder is back with a hard pivot to AI. How Jamie Siminoff went from ‘Shark Tank’ reject to $1 billion brand
By Sydney LakeFebruary 25, 2026
Jamie Dimon
AIJamie Dimon says society should start preparing for AI job displacement: ‘Now’s the time to start thinking about’ it
By Marco Quiroz-GutierrezFebruary 25, 2026
After stints at Nike and Kohl’s, Elevance Health’s CDIO pivots to using tech to bring more ‘delight’ to health care
NewslettersAfter stints at Nike and Kohl’s, Elevance Health’s CDIO pivots to using tech to bring more ‘delight’ to health care
By John KellFebruary 25, 2026
A lucrative consolation prize: Inside the multimillion-dollar retention deals for CEO runners‑up
C-SuiteA lucrative consolation prize: Inside the multimillion-dollar retention deals for CEO runners‑up
By Claire ZillmanFebruary 25, 2026
Late Apple cofounder Steve Jobs
SuccessFormer Apple exec had lunch with his boss Steve Jobs for 15 years—he says the late founder’s ‘insatiable curiosity’ taught him to never coast on his expertise
By Emma BurleighFebruary 25, 2026
Andrew Yang
SuccessEx–presidential candidate Andrew Yang warns that millions of white-collar workers will lose their jobs within 18 months: ‘The AI jobpocalypse is here’
By Preston ForeFebruary 25, 2026
Jeff Bezos says being lazy, not working hard, is the root of anxiety: ‘The stress goes away the second I take that first step’
SuccessJeff Bezos says being lazy, not working hard, is the root of anxiety: ‘The stress goes away the second I take that first step’
By Sydney LakeFebruary 25, 2026
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Personal Finance
Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lotteryplaceholder alt text
By Fatima Hussein and The Associated PressMay 1, 2026
North America
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyardplaceholder alt text
By Jake AngeloApril 30, 2026
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The U.S. economy is booming — just not where 50 million Americans liveplaceholder alt text
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