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After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with 'higher economic cost' in new escalation that could transform the war

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Widow of airman killed in Mideast was told hazard pay and combat-related tax breaks wouldn't apply because 'we were not at war.' A viral post fixed it

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Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money

1

After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with 'higher economic cost' in new escalation that could transform the war

2

Widow of airman killed in Mideast was told hazard pay and combat-related tax breaks wouldn't apply because 'we were not at war.' A viral post fixed it

3

Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money
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Politics

Mexican drug cartels are increasingly using bomb-laden drones and improvised explosive devices. ‘We are facing steady intensification of violence’
Mexican drug cartels are increasingly using bomb-laden drones and improvised explosive devices. ‘We are facing steady intensification of violence’

The Jalisco New Generation Cartel, or CJNG, and the Sinaloa Cartel have fought for years over control of Zacatecas.

By María Verza and The Associated PressSeptember 5, 2026
U.S. envoys Steve Witkoff and Jared Kushner meet with Putin in Russia again, ahead of their first-ever visit to Ukraine during peace effort
U.S. envoys Steve Witkoff and Jared Kushner meet with Putin in Russia again, ahead of their first-ever visit to Ukraine during peace effort
By The Associated PressSeptember 5, 2026
MAGA Inc. to put $10 million in Texas Senate race to hold a once-safe Republican seat after Trump vows to spend ‘whatever amount of money necessary’
MAGA Inc. to put $10 million in Texas Senate race to hold a once-safe Republican seat after Trump vows to spend ‘whatever amount of money necessary’
By Josh Boak and The Associated PressSeptember 5, 2026
U.N. General Assembly endorses a new world map that represents Africa more accurately in its larger size. Only the U.S. voted against it
U.N. General Assembly endorses a new world map that represents Africa more accurately in its larger size. Only the U.S. voted against it
By The Associated PressSeptember 5, 2026
‘Chuck it in the fire.’ A leading candidate in France’s presidential race has a simple solution to its massive national debt: just cancel it
‘Chuck it in the fire.’ A leading candidate in France’s presidential race has a simple solution to its massive national debt: just cancel it
By Jason MaSeptember 5, 2026
U.S. sanctions Turkish bank, accusing it of helping Iran transfer oil revenue from China to Turkey by converting it to cash and gold
U.S. sanctions Turkish bank, accusing it of helping Iran transfer oil revenue from China to Turkey by converting it to cash and gold
By Farnoush Amiri, Andrew Wilks and The Associated PressSeptember 5, 2026
Latest stories from Fortune
ASEAN can still hedge between America and China on AI. It needs to get its act together first
Commentary
ASEAN can still hedge between America and China on AI. It needs to get its act together first
By Brian Wong, Boris Babic and Nikola IlovskiSeptember 5, 2026
Meet the carnival performer-turned-opera actor in charge of auditioning snakes for a Mozart adaptation. ‘We will be moving forward with Princess’
Arts & Entertainment
Meet the carnival performer-turned-opera actor in charge of auditioning snakes for a Mozart adaptation. ‘We will be moving forward with Princess’
By David R. Martin, Jeffrey Collins and The Associated PressSeptember 5, 2026
These industries will lead hiring in the next decade, with just one sector accounting for more than a third of all new jobs
Economy
These industries will lead hiring in the next decade, with just one sector accounting for more than a third of all new jobs
By Jason MaSeptember 5, 2026
After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with ‘higher economic cost’ in new escalation that could transform the war
Middle East
After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with ‘higher economic cost’ in new escalation that could transform the war
By Jason MaSeptember 5, 2026
Trump says ‘stupidity causes inflation’ and threatens to stop trade with foreign countries in retaliation for higher interest rates
Economy
Trump says ‘stupidity causes inflation’ and threatens to stop trade with foreign countries in retaliation for higher interest rates
By Josh Boak and The Associated PressSeptember 5, 2026
U.S. military strikes Iranian tankers and warns it will destroy Tehran’s oil fleet if necessary after Navy aircraft carrier and destroyer are targeted
Energy
U.S. military strikes Iranian tankers and warns it will destroy Tehran’s oil fleet if necessary after Navy aircraft carrier and destroyer are targeted
By Toqa Ezzidin, Cara Anna and The Associated PressSeptember 5, 2026
Former Cowboys star Emmitt Smith is sued by a Native American investment company over a $2.5 million loan for wind farm project
Law
Former Cowboys star Emmitt Smith is sued by a Native American investment company over a $2.5 million loan for wind farm project
By The Associated PressSeptember 5, 2026
White House unveils ‘Build the Wall,’ a Tetris knockoff video game, to ‘protect the border from the coming horde’
Politics
White House unveils ‘Build the Wall,’ a Tetris knockoff video game, to ‘protect the border from the coming horde’
By Lou Kesten and The Associated PressSeptember 5, 2026
More PoliticsPage 34 of 100
Trump points as he speaks with his mouth opened wide
Politics
White House estimates Trump’s Big Pharma dealmaking will save Americans $529 billion over the next 10 years
By Josh Boak and The Associated PressMay 5, 2026
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    Success
    Trump wants to cut federal loans from college programs that don’t pay off. College cosmetology, fine arts, and music programs are at risk
    By Preston ForeMay 3, 2026
One American loses their job for every 6 immigrants removed from the workforce as researchers see ‘no evidence’ that ICE is helping the economy
Economy
One American loses their job for every 6 immigrants removed from the workforce as researchers see ‘no evidence’ that ICE is helping the economy
By Tristan BoveMay 5, 2026
The Met Gala raised a record $42 million as Silicon Valley picked up the tab—and as celebs protested Jeff Bezos’ sponsoring of the event
Politics
The Met Gala raised a record $42 million as Silicon Valley picked up the tab—and as celebs protested Jeff Bezos’ sponsoring of the event
By Catherina GioinoMay 5, 2026
UK-based Google DeepMind workers vote to unionize over military AI contracts amid internal backlash over its Pentagon deal
AI
UK-based Google DeepMind workers vote to unionize over military AI contracts amid internal backlash over its Pentagon deal
By Beatrice NolanMay 5, 2026
President Donald Trump delivers the State of the Union address during a joint session of Congress in the House Chamber at the Capitol on February 24, 2026 in Washington, DC.
Economy
‘Any semblance of fiscal responsibility’ has been abandoned, says budget watchdog, as national debt creeps toward $39 trillion milestone
By Eleanor PringleMay 5, 2026
Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company
Big Tech
Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company
By Jim EdwardsMay 5, 2026
  • president donald trump
    Politics
    A $20B battleship the U.S. abandoned after WWII is back in Trump’s $1.5T defense budget. Experts say modern missiles will easily destroy it
    By Jake AngeloMay 3, 2026
alain
Commentary
I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption.
By Alain BejjaniMay 5, 2026
‘You could say the ceasefire has ceased’: Iran is back on Wall Street’s radar as oil prices spike 6%
Energy
‘You could say the ceasefire has ceased’: Iran is back on Wall Street’s radar as oil prices spike 6%
By Eva RoytburgMay 4, 2026
David Sacks
Economy
Trump’s former AI czar says the quiet part out loud on the economy: ‘Stopping progress in AI would be equivalent to halting the U.S. economy’
By Tristan BoveMay 4, 2026
Patel speaks a large wooden podium, flanked by Cox and Pirro.
Law
Judge asks why White House correspondents’ dinner shooter was on suicide watch: ‘It could drive a person crazy to be in that situation’
By The Associated Press and Michael KunzelmanMay 4, 2026
Battle for Hormuz begins as U.S. military fights off Iranian attacks while seeking to break regime’s grip on ship traffic through strait
Politics
Battle for Hormuz begins as U.S. military fights off Iranian attacks while seeking to break regime’s grip on ship traffic through strait
By Jason MaMay 4, 2026
  • US Federal Reserve Chair Jerome Powell departs a press conference at the Federal Reserve Board Building in Washington, DC, on April 29, 2026.
    Economy
    Fed whisperer splits on Powell: A+ as steward, but ‘I don’t think you could give him high marks on the economy’
    By Eva RoytburgMay 3, 2026
rudy
Politics
Rudy Giuliani hospitalized, in critical condition
By Michael R. Sisak, Christopher Weber and The Associated PressMay 4, 2026
Trump’s World Liberty Financial countersues crypto billionaire Justin Sun for defamation in response to allegations of fraud
Crypto
Trump’s World Liberty Financial countersues crypto billionaire Justin Sun for defamation in response to allegations of fraud
By Ben WeissMay 4, 2026
China’s unprecedented defiance of U.S. sanctions triggers showdown
Asia
China’s unprecedented defiance of U.S. sanctions triggers showdown
By BloombergMay 4, 2026
Alphabet CEO Sundar Pichai in San Francisco, on Wednesday, June 4, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
Politics
Inside Google’s quiet internal war against its own anti-military activist employees
By Jim EdwardsMay 4, 2026
Google CEO Sundar Pichai
AI
Employee revolt once forced Google to back off on military contracts. But, in the wake of a new Pentagon AI contract, their leverage appears limited
By Beatrice NolanMay 4, 2026
trump
Politics
China has a welcome mat for Trump: it just rewrote the rules on U.S. sanctions
By Steve H. Hanke and Jeffrey WengMay 4, 2026
Markets on alert as Trump vows ‘Project Freedom’ for Hormuz, setting up potential showdown after renewed attacks on ships
Energy
Markets on alert as Trump vows ‘Project Freedom’ for Hormuz, setting up potential showdown after renewed attacks on ships
By Jason MaMay 3, 2026
Former NYC Mayor Giuliani in critical condition, Trump says
Politics
Former NYC Mayor Giuliani in critical condition, Trump says
By Maria Paula Mijares Torres and BloombergMay 3, 2026
Trump says U.S. will guide stranded ships from ‘neutral and innocent’ countries out of the Strait of Hormuz while hinting at positive Iran talks
Politics
Trump says U.S. will guide stranded ships from ‘neutral and innocent’ countries out of the Strait of Hormuz while hinting at positive Iran talks
By Adam Schreck, Melanie Lidman, Cara Anna and The Associated PressMay 3, 2026
Basic goods in Cuba are increasingly sold in U.S. dollars as economy collapses. ‘Everything is scarce here — everything — even that wretched bread’
Economy
Basic goods in Cuba are increasingly sold in U.S. dollars as economy collapses. ‘Everything is scarce here — everything — even that wretched bread’
By Danica Coto and The Associated PressMay 3, 2026
As economic despair mounts, Russian official admits the country has had enough of Putin’s war on Ukraine. ‘We can’t even take one region’
Economy
As economic despair mounts, Russian official admits the country has had enough of Putin’s war on Ukraine. ‘We can’t even take one region’
By Jason MaMay 3, 2026
Secret Service agent was struck by buckshot from alleged White House correspondents’ dinner shooter, not friendly fire, Pirro says
Politics
Secret Service agent was struck by buckshot from alleged White House correspondents’ dinner shooter, not friendly fire, Pirro says
By The Associated PressMay 3, 2026
Cargo ship near the Strait of Hormuz comes under attack by multiple small boats as the U.S. and Iran exchange peace plans
Politics
Cargo ship near the Strait of Hormuz comes under attack by multiple small boats as the U.S. and Iran exchange peace plans
By Adam Schreck, Melanie Lidman, Cara Anna and The Associated PressMay 3, 2026
The clock is ticking as oil markets barrel toward nightmare scenarios with the West bracing for ‘tank bottoms’ and Iran racing to delay ‘tank tops’
Energy
The clock is ticking as oil markets barrel toward nightmare scenarios with the West bracing for ‘tank bottoms’ and Iran racing to delay ‘tank tops’
By Jason MaMay 3, 2026
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low
Politics
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low
By Adam Schreck, Melanie Lidman and The Associated PressMay 3, 2026
2 U.S. service members missing after multinational war games in Morocco
Politics
2 U.S. service members missing after multinational war games in Morocco
By The Associated PressMay 3, 2026
Trumps says some ‘very interesting’ UFO files will be revealed, and the Pentagon promises ‘never-before-seen’ information
Politics
Trumps says some ‘very interesting’ UFO files will be revealed, and the Pentagon promises ‘never-before-seen’ information
By Collin Binkley and The Associated PressMay 3, 2026
Fortune Archives: Jerome Powell didn’t blink
Newsletters
Fortune Archives: Jerome Powell didn’t blink
By Eva RoytburgMay 3, 2026
Donald Trump
Economy
The US is in a league of its own when it comes to its debt burden, as rating agencies bemoan ‘long-running deterioration’ in fiscal governance
By Tristan BoveMay 3, 2026
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Most Popular
Middle East
After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with 'higher economic cost' in new escalation that could transform the warplaceholder alt text
By Jason MaSeptember 5, 2026
Politics
Widow of airman killed in Mideast was told hazard pay and combat-related tax breaks wouldn't apply because 'we were not at war.' A viral post fixed itplaceholder alt text
By Jack Brook, Konstantin Toropin and The Associated PressSeptember 5, 2026
Success
Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of moneyplaceholder alt text
By Preston ForeSeptember 2, 2026
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