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Current price of oil as of June 16, 2026

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Current price of oil as of June 16, 2026

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Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cup

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Current price of oil as of June 15, 2026
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Retail

A man sits at a red checkerboard table with a Tiffany-style Pizza Hut lamp hanging above him.
Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia

Yum Brands sold Pizza Hut to private equity firm LongRange Capital and Yum China Holdings Inc. for a combined $2.7 billion deal.

By Sasha RogelbergJune 16, 2026
butter
Welcome to the summer of ‘Butter Yellow,’ the shade of consumer anxiety
By Nick LichtenbergJune 16, 2026
Young worker dreams while working
The CEO of $3 billion Michaels tells young workers to quit daydreaming and take risks because ‘the universe rewards doing things in action’
By Emma BurleighJune 16, 2026
tt
Target turnaround adds Isaac Mizrahi as creative director at large
By Anne D'Innocenzio and The Associated PressJune 16, 2026
There’s nothing as American as apple pie. McDonald’s is bringing back its fried apple pie for the first time in 30 years for the country’s 250th
There’s nothing as American as apple pie. McDonald’s is bringing back its fried apple pie for the first time in 30 years for the country’s 250th
By The Associated Press and Dee-Ann DurbinJune 16, 2026
ph
Yum Brands sells a shrinking Pizza Hut for $2.7 billion
By Michelle Chapman and The Associated PressJune 16, 2026
Latest Stories
Citi, Ford, and Experian share their strategies for scaling AI agents
C-SuiteCiti, Ford, and Experian share their strategies for scaling AI agents
By Alexei OreskovicJune 16, 2026
Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
BankingVietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
By Angelica AngJune 16, 2026
Vessels lie at anchor in the Strait of Hormuz off Iran's coast.
EnergyFilling up your car won’t feel normal until next summer, S&P says
By Tristan BoveJune 16, 2026
Anthropic CEO Dario Amodei speaking into a microphone.
NewslettersDecision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it
By Jeremy KahnJune 16, 2026
Exclusive: PayPal winds down venture arm as fintech giant restructures under new CEO
Startups & VentureExclusive: PayPal winds down venture arm as fintech giant restructures under new CEO
By Ben WeissJune 16, 2026
‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
Europe‘Making China the elephant in the room’: The G7 confronts its reliance on U.S. AI and Chinese energy supply chains, experts say
By Mia OsmonbekovJune 16, 2026
U.S. Treasury Secretary Scott Bessent.
EconomyTrump turned the dollar into a foreign policy tool, and now risks undermining the currency’s extraordinary status, think tank says
By Tristan BoveJune 16, 2026
elon musk poses while wearing a suit
AISpaceX’ surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading—and it reveals Elon Musk’s new power
By Lily Mae LazarusJune 16, 2026
More RetailPage 14 of 100
Ryan Sprankle
RetailGrocer who once sold Trump popcorn rips ‘inhumane’ shutdown: ‘You can’t take away from the most needy people in the country’
By Dee-Ann Durbin and The Associated PressNovember 12, 2025
  • Former Whole Foods CEO John Mackey speaks on stage while lifting his hand
    FinanceFormer Whole Foods CEO says he didn’t want to sell to Amazon, but activists threatened to take over his board, fire him, and sell the company anyway
    By Dave SmithOctober 23, 2025
Sea shares dip by over 8% as profit comes in below analyst expectations
AsiaSea shares dip by over 8% as profit comes in below analyst expectations
By Angelica AngNovember 12, 2025
Infant Formula
LawByHeart recalls every single bottle of baby formula sold nationwide as infant botulism outbreak hospitalizes 15 and counting
By Jonel Aleccia and The Associated PressNovember 11, 2025
Yves Saint Laurent was the hottest luxury brand this year, beating Coach, Prada, and Bottega Veneta: It’s a clear ‘signal of the shifting landscape’
RetailYves Saint Laurent was the hottest luxury brand this year, beating Coach, Prada, and Bottega Veneta: It’s a clear ‘signal of the shifting landscape’
By Jeena Sharma and Retail BrewNovember 11, 2025
Steve Jobs giving an Apple presentation in his iconic black turtleneck
InnovationApple is now selling a $150 sling for your iPhone made by the same designer who created Steve Jobs’ iconic black turtleneck
By Dave SmithNovember 11, 2025
In the absence of jobs numbers, slop bowls and fast food can show a lot about the economy
EconomyIn the absence of jobs numbers, slop bowls and fast food can show a lot about the economy
By Natasha Piñon and CFO BrewNovember 11, 2025
  • Young woman looking stressed while going through various expense receipts and bills after Christmas shopping. Planning budget, calculating expenses and managing financial bills at home
    RetailFormer Sears boss says CEOs won’t challenge Trump’s tariffs out of ‘cowardice’—but the holidays are fast approaching, and ‘the party is over’
    By Eva RoytburgOctober 20, 2025
Airport lounges are about to get even more exclusive as some credit card companies jack up annual fees by more than 40%
Travel & LeisureAirport lounges are about to get even more exclusive as some credit card companies jack up annual fees by more than 40%
By Matty Merritt and Morning BrewNovember 10, 2025
Wendy's
RetailWendy’s plans hundreds of store closures to boost profits
By Dee-Ann Durbin and The Associated PressNovember 10, 2025
Michael Fiddelke
CommentaryDespite some initial skepticism, could Target’s turnaround be right on target? 
By Jeffrey Sonnenfeld and Steven TianNovember 10, 2025
Order holiday gifts early, as flight cuts and grounding of MD-11 planes deliver ‘one-two punch’ to cargo, supply-chain expert says
North AmericaOrder holiday gifts early, as flight cuts and grounding of MD-11 planes deliver ‘one-two punch’ to cargo, supply-chain expert says
By Mae Anderson and The Associated PressNovember 9, 2025
Fortune Archives: The war on Big Food
RetailFortune Archives: The war on Big Food
By Indrani SenNovember 9, 2025
  • Can Macy’s win back America? How CEO Tony Spring is moving past denial and embracing change
    RetailCan Macy’s win back America? How CEO Tony Spring is moving past denial and embracing change
    By Phil WahbaOctober 18, 2025
NEW YORK, NEW YORK - FEBRUARY 12: A model (L) wears a brown fluffy faux fur coat a black t-shirt, a burgundy / purple leather Coach bag, gray denim jeans pants ; a model (R) wears a black leather jacket , a white knitted / texture jacket , a black pleated skirt , outside Coach, during New York Fashion Week, on February 12, 2024 in New York City.
RetailFor Gen Z, quiet luxury is dead—they’re packing lunch at home while shelling out on conspicuous consumption
By Eva RoytburgNovember 9, 2025
Trump keeps touting a Thanksgiving meal basket from Walmart that’s 25% cheaper. But it has half as many items as last year
RetailTrump keeps touting a Thanksgiving meal basket from Walmart that’s 25% cheaper. But it has half as many items as last year
By Melissa Goldin and The Associated PressNovember 8, 2025
Peloton recalls nearly 878,000 exercise bikes after several seat posts break
HealthPeloton recalls nearly 878,000 exercise bikes after several seat posts break
By The Associated PressNovember 7, 2025
consumers
EconomyConsumer sentiment has plunged nearly 30% from just a year ago
By The Associated PressNovember 7, 2025
A Starbucks barista stands behind the cash register, looking concerned.
RetailStarbucks apologizes for $29.95 ‘Bearista’ chaos after many fans miss out and merch resells for up to $50,000 online
By Sasha RogelbergNovember 7, 2025
There’s no real difference between lab-grown and natural diamonds, jewelry CEO argues, besides its raw material: ‘Millennials are smarter than that’
RetailThere’s no real difference between lab-grown and natural diamonds, jewelry CEO argues, besides its raw material: ‘Millennials are smarter than that’
By Jeena Sharma and Retail BrewNovember 7, 2025
How Macy’s, Dillard’s, and Nordstrom are getting their groove back
RetailHow Macy’s, Dillard’s, and Nordstrom are getting their groove back
By Phil WahbaNovember 7, 2025
holiday
RetailNRF sees first $1 trillion holiday shopping season in American history
By Anne D'Innocenzio and The Associated PressNovember 6, 2025
Starbucks
RetailStarbucks union members authorize strike on ‘Red Cup Day’ unless contract deal gets sealed
By Dee-Ann Durbin and The Associated PressNovember 6, 2025
Fast Food
EconomyThe battle for Gen Z’s lunch money: Chipotle sees pullback but the hunger for Taco Bell and McDonald’s Snack Wraps is deep
By Dee-Ann Durbin and The Associated PressNovember 6, 2025
Inflation is so bad Americans are counting on Black Friday just to afford groceries and everyday essentials
RetailInflation is so bad Americans are counting on Black Friday just to afford groceries and everyday essentials
By Sydney LakeNovember 5, 2025
Ulta Beauty CEO Kecia Steelman says she has the best job ever: ‘My job is to help make people feel really good about themselves’
C-SuiteUlta Beauty CEO Kecia Steelman says she has the best job ever: ‘My job is to help make people feel really good about themselves’
By Fortune EditorsNovember 5, 2025
Two kids sit in the back of a car, eating McDonald's.
RetailMcDonald’s and Cava earnings have one thing in common: The K-shaped economy has a vise grip on the lunchtime crowd
By Sasha RogelbergNovember 5, 2025
Holiday survival guide: How small businesses can compete with Amazon and Walmart this shopping season
RetailHoliday survival guide: How small businesses can compete with Amazon and Walmart this shopping season
By Ashley LutzNovember 5, 2025
Ralph Lauren Christmas
RetailGen Z dreams of a ‘Ralph Lauren Christmas’ in a dollar store American economy
By Nick LichtenbergNovember 4, 2025
Walmart supervisor leads store employees
SuccessWalmart CEO said paying its star managers upwards of $620,000 yearly empowered them to ‘feel like owners’
By Emma BurleighNovember 3, 2025
Members of The Church of Jesus Christ of Latter-day Saints shop for new sleeveless sacred garments.
Arts & EntertainmentMormon women are lining up to purchase new $5 ‘sacred’ garments that symbolize a turning point for the church
By Hannah Schoenbaum, Deepa Bharath, Holly Meyer and The Associated PressOctober 29, 2025
Leena Nair wearing a Chanel suit
SuccessChanel’s CEO went to Microsoft HQ and asked ChatGPT to show her a picture of her company’s leadership. They were all men in suits
By Sasha RogelbergOctober 29, 2025
Kendra Scott smiles in a green dress
SuccessKendra Scott says she launched her billion-dollar business from her bedroom with just $500 when she was pregnant with her first son
By Dave SmithOctober 27, 2025
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Personal Finance
Current price of oil as of June 16, 2026placeholder alt text
By Joseph HostetlerJune 16, 2026
Success
Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cupplaceholder alt text
By Preston ForeJune 15, 2026
Personal Finance
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By Joseph HostetlerJune 15, 2026
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