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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

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Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

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I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle

1

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

2

Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle
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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
‘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
Trump calls Iran war a ‘military exercise’ even as Hormuz fighting heats up and denies promising no new wars — despite repeated pledges
Trump calls Iran war a ‘military exercise’ even as Hormuz fighting heats up and denies promising no new wars — despite repeated pledges
By Jason MaJune 7, 2026
U.S. floats steering frozen Iran assets to Gulf allies for repairs
U.S. floats steering frozen Iran assets to Gulf allies for repairs
By Jennifer A. Dlouhy and BloombergJune 7, 2026
Here’s where U.S. debt may become unsustainable with interest payments triggering a default crisis that even steep tax hikes can’t fix
Here’s where U.S. debt may become unsustainable with interest payments triggering a default crisis that even steep tax hikes can’t fix
By Jason MaJune 6, 2026
U.S. and Iran appear far from peace deal 100 days since war began
U.S. and Iran appear far from peace deal 100 days since war began
By Arsalan Shahla, Sara Gharaibeh and BloombergJune 7, 2026
Illinois joins Ohio in ordering pause on data center tax credits
Illinois joins Ohio in ordering pause on data center tax credits
By Yash Roy and BloombergJune 6, 2026
Latest Stories
Top CD rates today, June 8, 2026: Lock in up to up to 4.30%
Personal FinanceTop CD rates today, June 8, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 8, 2026
Today’s top high-yield savings rates: Up to 5.00% on June 8, 2026
Personal FinanceToday’s top high-yield savings rates: Up to 5.00% on June 8, 2026
By Glen Luke FlanaganJune 8, 2026
Tech leaders are moving beyond AI hype: Here’s what’s actually working
EuropeTech leaders are moving beyond AI hype: Here’s what’s actually working
By Francesca CassidyJune 8, 2026
Mortgage rates today, June 8, 2026
Personal FinanceMortgage rates today, June 8, 2026
By Glen Luke FlanaganJune 8, 2026
Current refi mortgage rates report for June 8, 2026
Personal FinanceCurrent refi mortgage rates report for June 8, 2026
By Glen Luke FlanaganJune 8, 2026
Current ARM mortgage rates report for June 8, 2026
Personal FinanceCurrent ARM mortgage rates report for June 8, 2026
By Glen Luke FlanaganJune 8, 2026
‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
Investing‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
By Nick LichtenbergJune 8, 2026
Another low-budget film crushes an expensive action movie at the box office — ‘an outstanding opening for a comedy sequel this far into the series’
Arts & EntertainmentAnother low-budget film crushes an expensive action movie at the box office — ‘an outstanding opening for a comedy sequel this far into the series’
By Jake Coyle and The Associated PressJune 7, 2026
More PoliticsPage 87 of 100
Here’s how Trump can hit China’s economy where it really hurts as analysts say Beijing’s rare earths gamble could backfire
EconomyHere’s how Trump can hit China’s economy where it really hurts as analysts say Beijing’s rare earths gamble could backfire
By Jason MaOctober 18, 2025
  • Elizabeth Prelogar speaks on stage
    PoliticsWhy the Supreme Court may choose to uphold Trump’s tariffs: ‘It would be incredibly disruptive to unscramble those eggs’
    By Lily Mae LazarusOctober 14, 2025
The Marines will fire live artillery over a major freeway for a 250th birthday celebration to be attended by JD Vance, forcing the I-5’s closure
PoliticsThe Marines will fire live artillery over a major freeway for a 250th birthday celebration to be attended by JD Vance, forcing the I-5’s closure
By Sarah Raza and The Associated PressOctober 18, 2025
‘No Kings’ protests against Trump mark the third mass mobilization since his return to the White House
Politics‘No Kings’ protests against Trump mark the third mass mobilization since his return to the White House
By Mike Pesoli, Gary Fields and The Associated PressOctober 18, 2025
Donald Trump
PoliticsWhite House joins Bluesky, immediately roasts Democrats with sizzle reel of Trump’s first 9 months
By Aamer Madhani and The Associated PressOctober 18, 2025
Trump
EconomyTrump’s short-term aid ‘during this little transition’ turns into an automaker rebate running through 2030
By Josh Boak and The Associated PressOctober 18, 2025
Trump calls on Ukraine and Russia to ‘stop where they are’ and signals he’s leaning against giving Zelenskyy Tomahawk missiles
PoliticsTrump calls on Ukraine and Russia to ‘stop where they are’ and signals he’s leaning against giving Zelenskyy Tomahawk missiles
By Aamer Madhani, Seung Min Kim, Michelle L. Price, Chris Megerian and The Associated PressOctober 18, 2025
  • Land O'Lakes CEO Beth Ford speaks at MPW
    ConferencesBeth Ford says ‘we need more legal immigration’ to help American farmers because a lack of labor could trigger a ‘black swan event’
    By Dave SmithOctober 14, 2025
The White House has faced a flurry of rejections after inviting 9 universities to be the first signatories of its higher-ed compact
PoliticsThe White House has faced a flurry of rejections after inviting 9 universities to be the first signatories of its higher-ed compact
By Collin Binkley, Jonathan Mattise and The Associated PressOctober 18, 2025
board
CommentaryDo you have a blind spot in the boardroom?
By Anahita Thoms and Reagan DemasOctober 18, 2025
high school
SuccessThe cure for Gen Z’s apathy as high school kids ask ‘why bother?’ in the age of AI: a really useful new AP course on business and personal finance
By Nick LichtenbergOctober 18, 2025
Kamala Harris: It was a ‘big mistake’ not to invite Elon Musk to a White House EV event
PoliticsKamala Harris: It was a ‘big mistake’ not to invite Elon Musk to a White House EV event
By Jason MaOctober 18, 2025
Trump commutes sentence of former Rep. George Santos, who was serving 7 years for fraud and identity theft
PoliticsTrump commutes sentence of former Rep. George Santos, who was serving 7 years for fraud and identity theft
By Philip Marcelo and The Associated PressOctober 17, 2025
  • black lung
    Energy‘It seems like they don’t care about us’: Rural America ruptured as coal miners protest lax rule enforcement linked to black lung
    By Sasha RogelbergOctober 14, 2025
Jamie Dimon’s worldview: JPMorgan Chase CEO on the economy, an AI bubble, and leadership
C-SuiteJamie Dimon’s worldview: JPMorgan Chase CEO on the economy, an AI bubble, and leadership
By Fortune EditorsOctober 17, 2025
Zohran Mamdani
PoliticsSmiling Mamdani keeps Cuomo on defense throughout New York mayoral debate: AP takeaways
By Anthony Izaguirre, Jill Colvin and The Associated PressOctober 17, 2025
Donald Trump
PoliticsTrump wants to build a Paris-style arch close to the Lincoln Memorial: ‘It’s going to be really beautiful’
By Darlene Superville and The Associated PressOctober 17, 2025
Jamie Dimon
PoliticsJamie Dimon calls Zohran Mamdani’s movement ‘more Marxist than socialist,’ but he’s offering his help: ‘Get involved and grow up’
By Nick LichtenbergOctober 17, 2025
San Francisco
CommentaryMarc Benioff’s shortsighted bet against San Francisco
By Tom ChavezOctober 17, 2025
Pritzker
PoliticsBillionaire governor of Illinois reveals in tax return that he won a $1.4 million jackpot in Las Vegas
By John O'Connor and The Associated PressOctober 16, 2025
Ron Conway speaks with Marc Benioff
Big TechRon Conway skewers Marc Benioff in board resignation after 25 years: ‘I now barely recognize the person I have so long admired’
By Dave SmithOctober 16, 2025
ACA
Law‘Do I spend $500 on a doctor’s visit or do I buy groceries?’: Meet some of the Americans who could lose health insurance soon if ACA tax credits die
By Ali Swenson, Kendria LaFleur and The Associated PressOctober 16, 2025
Doug Ford
North AmericaAfter Stellantis dumps Canada for $13 billion move to U.S., Ontario premier urges fight back against ‘real piece of work’ Trump
By Rob Gillies and The Associated PressOctober 16, 2025
Sean Duffy
North AmericaTrump’s Transportation Secretary to withhold $40 million from California for failing to enforce trucker English language standard
By Josh Funk and The Associated PressOctober 16, 2025
Zohran
PoliticsZohran Mamdani goes on Fox News to publicly apologize to NYPD, offers Trump talks ‘at any time to lower the cost of living’
By Anthony Izaguirre and The Associated PressOctober 16, 2025
Trump, Milei
EconomyScott Bessent working on another $20 billion of Argentina financing with private banks, sovereign funds, ‘more focused on the debt market’
By Fatima Hussein, Andrea Vulcano and The Associated PressOctober 16, 2025
Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon
AIFail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon
By Marco Quiroz-GutierrezOctober 15, 2025
Former Vice President Kamala Harris: ‘I’m not into’ finality
PoliticsFormer Vice President Kamala Harris: ‘I’m not into’ finality
By Fortune EditorsOctober 15, 2025
Washington, D.C. Mayor Muriel Bowser speaks at Fortune's Most Powerful Women Summit in D.C. on Oct. 15, 2025.
ConferencesWashington, D.C., Mayor Muriel Bowser says fear of ICE is disrupting business: ‘People aren’t going to work’
By Preston ForeOctober 15, 2025
A person checks his mobile phone as farmers burn crop residue after harvest near Bundelkhand expressway in India, on Nov. 17, 2024.
EnergyUN sees the world entering ‘extremely dangerous’ climate era as CO2 spikes by the most in the history of human civilization
By The Associated PressOctober 15, 2025
Stacey Zolt Hara
CommentaryAmid disruption, C-suite leaders have the power to steady their workforces 
By Stacey Zolt HaraOctober 15, 2025
social security
EconomyTens of millions on Social Security go without cost-of-living adjustment due to government shutdown
By Fatima Hussein and The Associated PressOctober 15, 2025
Former U.S. Vice President Kamala Harris speaks onstage during the Fortune Most Powerful Women Gala at the Washington National Cathedral on October 14, 2025 in Washington, DC.
PoliticsKamala Harris doesn’t believe her presidential run was her finale: A glass cliff ‘suggests finality, and I’m not into that’
By Sydney LakeOctober 14, 2025
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Most Popular
Economy
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their moneyplaceholder alt text
By Nick LichtenbergJune 7, 2026
Success
Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduatesplaceholder alt text
By Preston ForeJune 7, 2026
Commentary
I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyleplaceholder alt text
By Lindsey HarnJune 6, 2026
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