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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Six months into the Iran war, the global economy has pulled off a ‘Mission Impossible’ scene, and the Trump family is among the winners

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Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin's CEO

1

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

2

Six months into the Iran war, the global economy has pulled off a ‘Mission Impossible’ scene, and the Trump family is among the winners

3

Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin's CEO
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Shein CEO’s wealth slumps $15 billion after whittled-down IPO
Shein CEO’s wealth slumps $15 billion after whittled-down IPO

Shein is set to go public in Hong Kong on Tuesday at just over a quarter of the $100 billion it was worth in 2022.

By Dave Sebastian, Pui Gwen Yeung and BloombergAugust 30, 2026
It’s not just math and reading. Classroom devices deprive kids of skills needed in the AI future and how to be ‘fully human,’ education experts say
It’s not just math and reading. Classroom devices deprive kids of skills needed in the AI future and how to be ‘fully human,’ education experts say
By Jason MaAugust 30, 2026
SpaceX launches NASA’s newest crown-jewel telescope, which will look for ‘the weird, the rare and the unusual’ — including dark matter and energy
SpaceX launches NASA’s newest crown-jewel telescope, which will look for ‘the weird, the rare and the unusual’ — including dark matter and energy
By Marcia Dunn and The Associated PressAugust 30, 2026
Trump backlash adds new risks to the stocks the government owns
Trump backlash adds new risks to the stocks the government owns
By Norah Rami, Matthew Griffin and BloombergAugust 29, 2026
amy
Why the AI economy is like a bad dating app — drowning in decks, pilot purgatory — and it’s playing out like the dotcom bubble, except worse
By Nick LichtenbergAugust 30, 2026
With ‘virtual speed bumps,’ these cities have reduced crashes by rewarding slower drivers with fewer red lights
With ‘virtual speed bumps,’ these cities have reduced crashes by rewarding slower drivers with fewer red lights
By Jeff McMurray and The Associated PressAugust 29, 2026
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Big Tech
More in Big Tech
Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine
Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine

Pattern hair loss affects an estimated 50 million men and 30 million women in the US, but there have been no new approved drugs since the late 1990s.

By Avalon Pernell, Lisa Pham and BloombergAugust 29, 2026
Tech billionaires and executives like Evan Spiegel and Peter Thiel are publicly shielding their children from the products that made them rich

As governments race to restrict minors’ social media use, the tech billionaires who built the platforms are imposing strict screen limits at home.

By Marco Quiroz-GutierrezAugust 29, 2026
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes

Dr. Herbert A. Wertheim, an optometrist and philanthropist with a $4.8 billion net worth, bought the EV earlier this month. It had a presale estimated cost of $1.1 million.

By Sasha RogelbergAugust 28, 2026
Meta’s $17 billion teen safety settlement is really a 1% tax — and a play to box in TikTok and YouTube

The deeper lesson of is that product design, as a site of legal accountability, is a workable legal strategy.

By Carolina Rossini and The ConversationAugust 28, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Woman in a blazer
Deloitte sees a $566 billion lunar economy by 2050

But a market that doesn’t exist yet could yield an even larger payoff.

By Amanda GerutAugust 28, 2026
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia

The Stripe-owned company sees potential in Asia, where trade-heavy economies need faster cross-border payment rails.

By Angelica AngAugust 28, 2026
Nvidia CFO says about half of its data center business comes from customers beyond hyperscalers

Other customer segments are growing faster than the cloud giants that once dominated Nvidia’s sales.

By Sheryl EstradaAugust 27, 2026
A consultant who once railed against ‘the billionaire boys club’ is now leading opposition to California’s wealth tax

Ned Wigglesworth once blasted big donors for buying influence. Today, he’s helping lead a nine-figure campaign against Prop. 40

By Mia OsmonbekovAugust 27, 2026
More in Startups & Venture
AI
More in AI
A man with a headset sits at a desk in a call center.
The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing

“The technology that was supposed to shrink the industry is fueling its expansion,” said Apollo chief economist Torsten Slok.

By Sasha RogelbergAugust 29, 2026
ChatGPT said you’d lose your jobs right now — it’s more like 3% of workers

The nationally representative poll of 1,250 employed adults also found 6% landed AI-created roles and 9% got AI-linked promotions between 2023 and 2026.

By Jeffrey C. Dixon and The ConversationAugust 29, 2026
‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout

“I love the heck out of Bill … but I don’t see what he sees,” Huang said.

By Eleanor PringleAugust 28, 2026
Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal

Anthropic has also filed a separate and narrower case that is still pending in the federal appeals court in Washington, D.C. 

By Kaitlyn Huamani and The Associated PressAugust 28, 2026
More in AI
Innovation
More in Innovation
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life

The Model Hardware Standard (MHS) works with any AI model, not just Claude, but for now only a handful of companies can access the research preview.

By Emily ForliniAugust 27, 2026
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’

Defense spending is resurrecting an engineering and manufacturing base many believed had gone forever, with the U.K., France and Germany home to world-leading defense companies.

By Kamal AhmedAugust 27, 2026
SpaceX says it’s building its largest spaceport yet, committing $100 billion for a Louisiana site—adding to its list of billion-dollar expansion plans

Louisiana is getting a taste of Musk’s big ideas as they get a part of the CEO’s billions-of-dollar-plans to bring humanity to space.

By Joshua HongAugust 27, 2026
David Tisch has always been a collector. His firm’s biggest prize is a $1 billion return on Cursor

How BoxGroup and David Tisch hit it big with a once-unlikely bet.

By Allie GarfinkleAugust 27, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Flock is going from the center of the surveillance debate to bipartisan target in record time
Flock is going from the center of the surveillance debate to bipartisan target in record time

Two Arizona cities cut ties with the license-plate reader camera company hours apart, as Senators Sanders and Hawley took aim from Washington.

By Catherina GioinoAugust 28, 2026
Scammers are hijacking tap-to-pay donations to turn a $20 gift into a $2,000 charge—here’s how to protect your money

As tap-to-pay makes street donations effortless, fraudsters are quietly inflating charges.

By Sydney LakeAugust 28, 2026
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point

The CEO of Grayscale explains why the market volatility of the last 18 months barely matters in light of a broader sea change underway in finance.

By Peter MintzbergAugust 27, 2026
OpenAI bans pro-Russia ChatGPT accounts used to spread pro-Kremlin content including an Israel-based think tank using real researchers’ names

OpenAI claims Russian users hid behind VPNs to push a think tank tied to an influence operation and spread pro-Russia content online.

By Marco Quiroz-GutierrezAugust 27, 2026
More in Cybersecurity
Latest stories from Fortune
Warner Bros. axed ‘Coyote vs. Acme’ three years ago to take a tax write off. But it’s finally in theaters after a public outcry—and a box office hit
Arts & Entertainment
Warner Bros. axed ‘Coyote vs. Acme’ three years ago to take a tax write off. But it’s finally in theaters after a public outcry—and a box office hit
By Jake Coyle and The Associated PressAugust 30, 2026
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
Middle East
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
By Jason MaAugust 30, 2026
Battle for Hormuz: U.S. forces take first military action against Iran in a month, striking rocket launchers being used to deploy sea mines
Politics
Battle for Hormuz: U.S. forces take first military action against Iran in a month, striking rocket launchers being used to deploy sea mines
By Konstantin Toropin, Cara Anna, Ben Finley and The Associated PressAugust 30, 2026
Trump urges FCC to probe media polling, punish NBC moderator
Politics
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By Jeff Mason and BloombergAugust 30, 2026
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Politics
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By Yash Roy, Patrick Sykes and BloombergAugust 30, 2026
Google Maps changes Lake Ontario label to Lake America in U.S.
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By Rachel Cohrs Zhang and BloombergAugust 30, 2026
‘I think they’re doing it to cling to power’ — Venezuelans bash their government’s deal handing over vast oil reserves to the U.S.
Energy
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By Collin Binkley, Juan Arraez and The Associated PressAugust 30, 2026
The official jobless rate is so low the Fed thinks the economy is at full employment. But a gauge of the ‘functionally unemployed’ keeps climbing
Economy
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Claude Mythos on a screen.
AI
Anthropic releases its first Mythos-class model to the public
By Beatrice NolanJune 9, 2026
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Singer-songwriter Grimes speaks on stage at Fortune Brainstorm Tech 2026 in Aspen, Colorado.
AI
Grimes says AI can make music, but humans must still tell the story
By Sebastian HerreraJune 9, 2026
Opening offices in 120 countries is ‘not a badge of honor’—pick 30 instead says iconic former tech CEO
C-Suite
Opening offices in 120 countries is ‘not a badge of honor’—pick 30 instead says iconic former tech CEO
By Jeff John RobertsJune 9, 2026
Alex Karp
Success
Palantir CEO Alex Karp says executives who brag about their AI cuts might as well ‘sign up for the Bernie Sanders manifesto’
By Preston ForeJune 9, 2026
Traders sitting at computers react
Investing
AI stocks are recovering after suddenly tanking last week as oil prices drop more than 3%
By Stan Choe and The Associated PressJune 9, 2026
MIT researchers made a wristband to teach robots how to do housework and surgery
AI
MIT researchers made a wristband to teach robots how to do housework and surgery
By The Associated Press and Rodrique NgowiJune 9, 2026
  • Spotify’s secret to winning the hiring war? Keep your talent moving and growing
    Magazine
    Spotify’s secret to winning the hiring war? Keep your talent moving and growing
    By Francesca CassidyJune 8, 2026
Artistic drawing of two employees using several tools at once
AI
Why dbt Labs CEO views AI efficiency and creativity as the same thing
By Sage LazzaroJune 9, 2026
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
AI
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
By Sage LazzaroJune 9, 2026
Artistic rendering of complex systems being simplified by two workers
AI
How Lumen’s ‘maniacal focus’ on KPIs drove measurable AI impact across use cases and the company at large
By Sage LazzaroJune 9, 2026
AI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook
AI
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By Sharon GoldmanJune 9, 2026
Artistic rendering of a hacker trying to gain access to a worker's computer
AI
AI is supercharging cyberattacks—and most companies aren’t ready
By Beatrice NolanJune 9, 2026
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    Exclusive: Goldman Sachs intern acceptance rate falls below 1% for third straight year
    By Nick LichtenbergJune 8, 2026
China builds 85% of the world’s humanoids robots for cheap at scale, but finding buyers is tricky
Innovation
China builds 85% of the world’s humanoids robots for cheap at scale, but finding buyers is tricky
By The Associated Press and Chan Ho-HimJune 9, 2026
tim
Commentary
Merlin CTO: autonomy can rebuild the foundation of aviation — and national security
By Tim BurnsJune 9, 2026
Exclusive: The startup that’s dressing up crypto for Wall Street raises $175 million in a round led by a16z crypto, Paradigm, and Ribbit Capital
Newsletters
Exclusive: The startup that’s dressing up crypto for Wall Street raises $175 million in a round led by a16z crypto, Paradigm, and Ribbit Capital
By Ben WeissJune 9, 2026
dewar
Commentary
I founded McKinsey’s CEO practice: Here’s why operational excellence is a liability right now
By Carolyn DewarJune 9, 2026
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
AI
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
By Jim EdwardsJune 9, 2026
Brian Schimpf, co-founder and CEO of Anduril Industries, speaking at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
Newsletters
The future of armed conflict, according to Anduril
By Andrew NuscaJune 9, 2026
Photo of Sam Altman
AI
‘We expect it to leak so we’re just announcing it’: OpenAI files confidential SEC paperwork for IPO
By The Associated PressJune 9, 2026
Brian Schimpf
Startups & Venture
Anduril CEO Brian Schimpf says economic warfare is the ‘new normal’ for military conflicts—and the U.S. needs to get serious
By Lily Mae LazarusJune 8, 2026
Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming
Big Tech
Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming
By Sebastian HerreraJune 8, 2026
Two men sitting on chairs on a stage
Future of Work
Your career needs a ‘gym membership’ to keep up with continuous AI advancements, says Campus founder Tade Oyerinde
By Amanda GerutJune 8, 2026
ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic
Startups & Venture
ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic
By Bloomberg, Shirin Ghaffary and Bailey LipschultzJune 8, 2026
Anthropic’s Boris Cherny, creator of Claude Code, says there are days he manages tens of thousands of AI agents at once
AI
Anthropic’s Boris Cherny, creator of Claude Code, says there are days he manages tens of thousands of AI agents at once
By Sharon GoldmanJune 8, 2026
Child struggling with schoolwork
Economy
70% of fourth-graders aren’t reading proficiently, report finds—one of several areas where education is failing America’s kids
By Tristan BoveJune 8, 2026
Crowd at Apple's WWDC
AI
Apple debuts Siri AI at WWDC as Tim Cook prepares to hand over the reins
By Beatrice NolanJune 8, 2026
gfhsg
AI
‘We may be flying blind’: AWS wants to fix the problem of AI agents straying off task
By Nick LichtenbergJune 8, 2026
A trader works on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Friday, June 5, 2026.
Investing
The AI trade’s worst day in a year became a buying opportunity by Monday
By Eva RoytburgJune 8, 2026
How retail investors can participate in the SpaceX IPO
Investing
How retail investors can participate in the SpaceX IPO
By Jason MaJune 8, 2026
Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices
Success
Jeff Bezos commits himself to make ‘three good decisions a day,’ inspired by Warren Buffett’s philosophy of making smart choices
By Sydney LakeJune 8, 2026
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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economyplaceholder alt text
By Emma BurleighAugust 30, 2026
Middle East
Iran's president admits 'we have many problems' and missiles 'are of no use' as the U.S. chokes its economy while weakening Tehran's grip on Hormuzplaceholder alt text
By Jason MaAugust 30, 2026
Economy
Six months into the Iran war, the global economy has pulled off a ‘Mission Impossible’ scene, and the Trump family is among the winnersplaceholder alt text
By Matt Sedensky and The Associated PressAugust 30, 2026
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