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Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision

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AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

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Social Security faces a 24% cut in 2032—that's a $345 billion hit to retirees nationwide, watchdog says

1

Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision

2

AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

3

Social Security faces a 24% cut in 2032—that's a $345 billion hit to retirees nationwide, watchdog says
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SpaceX and other mega IPOs may wait years to join the S&P 500
SpaceX and other mega IPOs may wait years to join the S&P 500

Unlike S&P, Nasdaq Inc. did change its rules, allowing Nasdaq 100 entry in just 15 trading days, down from a three-month minimum.

By Bailey Lipschultz, Vildana Hajric and BloombergJune 6, 2026
Former AI czar calls Sanders’ proposal for government equity a ‘stupidity tax’ and warns against nationalization as Trump mulls public stakes
Former AI czar calls Sanders’ proposal for government equity a ‘stupidity tax’ and warns against nationalization as Trump mulls public stakes
By Jason MaJune 6, 2026
Marvell Technology, Flex to join S&P 500 later this month
Marvell Technology, Flex to join S&P 500 later this month
By Isabelle Lee and BloombergJune 6, 2026
sa
When good money goes bad: the question SpaceX and OpenAI investors aren’t asking
By Rory McDonaldJune 6, 2026
bernie
Bernie Sanders and Sam Altman’s private one-hour meeting about the public ownership of AI
By Joey Cappelletti, Seung Min Kim and The Associated PressJune 6, 2026
Chinese humanoid robots dominate the market with thousands shipped a year. But most are still performative rather than functional
Chinese humanoid robots dominate the market with thousands shipped a year. But most are still performative rather than functional
By Chan Ho-Him and The Associated PressJune 6, 2026
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Big Tech
More in Big Tech
Man holding his fists together.
Elon Musk bullet-proofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla

The CEO will have almost complete control of his Texas-based space company, without colonizing Mars or building a single non-Earth data center.

By Amanda GerutJune 6, 2026
Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out

“The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot.”

By Jason MaJune 5, 2026
‘At some point you’ve got to make money’: Goldman’s top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs

Jim Covello has been Wall Street’s most consistent voice of AI doubt. Two years on, he asks:”when does the short term become the long term?”

By Nick LichtenbergJune 5, 2026
Google forced to allow news sites to opt out of AI scraping in ‘world first,’ UK watchdog says

Google said it is “engaging with regulators … to ensure website owners have the right tools as user preferences evolve.”

By Kelvin Chan and The Associated PressJune 5, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
SpaceX needs to grow 600x in a decade to justify a $1.75 trillion valuation. No company has ever come close
SpaceX needs to grow 600x in a decade to justify a $1.75 trillion valuation. No company has ever come close

SpaceX’s valuation will set the bar for what the must achieve going forward to reward investors.

By Shawn TullyJune 6, 2026
The Class of 2026: Meet the 12 companies making their Fortune 500 debut

From crypto companies to mattress makers, these companies made it in the list’s 72nd year.

By Marco Quiroz-GutierrezJune 5, 2026
Anthropic warns AI could soon build itself without human involvement—and urges a global pause on development

The AI lab valued at $965 billion is urging a pause on AI development, just as it heads toward an IPO.

By Beatrice NolanJune 5, 2026
Melinda French Gates is done waiting for health care to take menopause seriously

Celebrities like Halle Berry and Naomi Watts have jumped on menopause startups. Now Melinda French Gates is throwing her weight behind the category—with philanthropic dollars.

By Emma HinchliffeJune 5, 2026
More in Startups & Venture
AI
More in AI
Upset frustrated and confused female worker folding hands on chin
A CEO denied raises to spend money on AI instead. Companies have ‘no idea what they’re going to need in a workforce’ when the AI race is over

Companies may be cutting raises and benefits to create attrition, one expert says. 

By Jacqueline MunisJune 6, 2026
MAGA hates AI, but Trump agrees with Bernie it might be time for partial government ownership

“You make them a partnership in this revolution,” Trump told reporters Friday. “It would be a beautiful thing.”

By Nick LichtenbergJune 5, 2026
AI productivity gains are real but so is bad management: ‘Leaders are really struggling to articulate what the vision and strategy is’

In the meantime, BCG’s David Martin told Fotune, fear runs amok. “A sharing culture is incredibly important, but it’s not natural for fearful employees.”

By Sasha RogelbergJune 5, 2026
A Kennedy, Kellyanne Conway’s ex-husband and a former Palantir data scientist debated AI regulation. Welcome to the Manhattan primary

Alex Bores walked into the NY-12 debate with Jack Schlossberg and George Conway as the prime target — then watched three of five ad breaks talk about him.

By Anthony Izaguirre and The Associated PressJune 5, 2026
More in AI
Innovation
More in Innovation
Elon Musk holding a glass of wine.
Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom

Top bankers are lavishing praise on Musk ahead of his rocket company’s record-setting listing.

By Tristan BoveJune 5, 2026
A dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return

“They’ve been the best company I’ve ever worked with in 45 years,” EchoStar president and cofounder Charlie Ergen said of SpaceX.

By Sasha RogelbergJune 4, 2026
Buried in SpaceX’s IPO: a Tesla merger clue and a $3.75 billion insider windfall for friends and family

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

By Jim EdwardsJune 4, 2026
I bought peptides with crypto. How my purchase helped fuel a $100 million gray-market, ‘looksmaxxing’ economy

Some of the China-based sellers have pivoted from fentanyl to peptides.

By Ben WeissJune 4, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Businesses are declaring war on AI slop. They are fighting a losing battle
Businesses are declaring war on AI slop. They are fighting a losing battle

Efforts to wipe the web of AI slop has sparked a new technological arms race between the tools generating fake content and the tools trying to catch it

By Sam BirchallJune 5, 2026
IBM, AT&T accused by whistleblower of covering up foreign hacks

The hackers allegedly breached massive IBM cloud computing infrastructure that’s widely used by many parts of the U.S. government, including the military.

By Jake Bleiberg, Mark Anderson and BloombergJune 4, 2026
What Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain

From birthday songs to hospice tributes, Suno is finding real-world uses for AI-generated music. Whether that translates into a sustainable multibillion-dollar business is less clear.

By Sharon GoldmanJune 4, 2026
World’s largest sovereign wealth fund backs push for Google oversight on government use of its AI and cloud technology

A coalition of investors managing $1.15 trillion is pressing Alphabet to explain how it monitors government use of its cloud and AI services.

By Beatrice NolanJune 4, 2026
More in Cybersecurity
Latest Stories
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’
EnergyThe Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’
By Jason MaJune 6, 2026
Illinois joins Ohio in ordering pause on data center tax credits
PoliticsIllinois joins Ohio in ordering pause on data center tax credits
By Yash Roy and BloombergJune 6, 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
EconomyHere’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
Trump says he supports salary cap for Major League Baseball
North AmericaTrump says he supports salary cap for Major League Baseball
By Jordan Fabian and BloombergJune 6, 2026
Oil drilling rises in longest U.S. streak since 2022 on price bump
EnergyOil drilling rises in longest U.S. streak since 2022 on price bump
By Emma Sanchez and BloombergJune 6, 2026
During D-Day speech in France, Hegseth invokes immigration and says ‘When will European capitals do something about that invasion?’
EuropeDuring D-Day speech in France, Hegseth invokes immigration and says ‘When will European capitals do something about that invasion?’
By The Associated PressJune 6, 2026
Ukraine targets St. Petersburg after Putin refuses talks
EuropeUkraine targets St. Petersburg after Putin refuses talks
By BloombergJune 6, 2026
Why oil’s not at $200 after the biggest supply shock in history
EnergyWhy oil’s not at $200 after the biggest supply shock in history
By Devika Krishna Kumar, Alex Longley, Yongchang Chin, Mia Gindis and BloombergJune 6, 2026
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Oracle struggles to attract workers to Nashville ‘world HQ’—even with a 2-million-square-foot office and Larry Ellison’s favorite restaurant
Big TechOracle struggles to attract workers to Nashville ‘world HQ’—even with a 2-million-square-foot office and Larry Ellison’s favorite restaurant
By Marco Quiroz-GutierrezJanuary 15, 2026
  • Mark Zuckerberg
    Future of WorkMeta is changing its performance review to reward output over effort, taking a page from Amazon and X
    By Jake AngeloJanuary 13, 2026
Customers lament Tesla’s move toward monthly fees for self-driving cars: ‘You will own nothing and be happy’
InnovationCustomers lament Tesla’s move toward monthly fees for self-driving cars: ‘You will own nothing and be happy’
By Tristan BoveJanuary 15, 2026
Worried about AI taking your job? New Anthropic research shows it’s not that simple
NewslettersWorried about AI taking your job? New Anthropic research shows it’s not that simple
By Sharon GoldmanJanuary 15, 2026
Photo of Miles Brundage, a former OpenAI policy researcher who has founded AVERI, a nonprofit institute advocating for independent AI safety audits of top AI labs.
AIExclusive: Former OpenAI policy chief creates nonprofit institute, calls for independent safety audits of frontier AI models
By Jeremy KahnJanuary 15, 2026
A Verizon store in New York, US, on Wednesday, Jan. 14, 2026.
LawVerizon offers $20 account credits for 1.5 million customers outraged by mysterious 10-hour-long service outage. Here’s how to get the credit
By Eva RoytburgJanuary 15, 2026
Exclusive: Mytra raises $120 million Series C to scale supply chain robotics amid industry boom
NewslettersExclusive: Mytra raises $120 million Series C to scale supply chain robotics amid industry boom
By Allie GarfinkleJanuary 15, 2026
  • Warren Buffett on the phone
    SuccessGen X CEO uses AI versions of Steve Jobs and Warren Buffett as a ‘fantasy board of directors’ to help him prepare for meetings and performance reviews
    By Preston ForeJanuary 13, 2026
IPO boom times are back, with SpaceX and OpenAI on investors’ 2026 wish list. But be careful what you buy
MagazineIPO boom times are back, with SpaceX and OpenAI on investors’ 2026 wish list. But be careful what you buy
By Jeff John RobertsJanuary 15, 2026
Photo: President Donald Trump during a bill signing event with dairy farmers in the Oval Office on Wednesday January 14, 2026.
InvestingTrump’s chips ‘proclamation’ causes retail investors to dump the Magnificent Seven stocks  
By Jim EdwardsJanuary 15, 2026
The Verizon logo displayed on a smartphone screen on September 30, 2024. (Photo illustration: Justin Sullivan/Getty Images)
NewslettersVerizon hit with a major U.S. outage
By Andrew NuscaJanuary 15, 2026
sharma
CommentaryAI will infiltrate the industrial workforce in 2026—let’s apply it to training the next generation, not replacing them
By Kriti SharmaJanuary 15, 2026
Using AI just to reduce costs is a woeful misuse of a transformative technology
CommentaryUsing AI just to reduce costs is a woeful misuse of a transformative technology
By Nigel VazJanuary 15, 2026
  • Mercor Founders - Adarsh Hiremath, Brendan Foody
    AIChief people officers—and Jamie Dimon—say AI can’t learn ‘human skills.’ The world’s youngest self-made billionaires want to prove them wrong
    By Jake AngeloJanuary 13, 2026
AI ‘godfather’ Yoshua Bengio says he’s found a fix for AI’s biggest risks and become more optimistic by ‘a big margin’ on humanity’s future
AIAI ‘godfather’ Yoshua Bengio says he’s found a fix for AI’s biggest risks and become more optimistic by ‘a big margin’ on humanity’s future
By Sharon GoldmanJanuary 15, 2026
outage
North AmericaIf your phone is on SOS (and you can see this), yes, Verizon is having a major outage across the U.S.
By The Associated PressJanuary 14, 2026
McKinsey challenges graduates to master AI tools as it shifts hiring hunt toward liberal arts majors
AIMcKinsey challenges graduates to master AI tools as it shifts hiring hunt toward liberal arts majors
By Jake AngeloJanuary 14, 2026
How Expedia’s CTO is using AI to transform work for 17,000 employees—and travel for millions
NewslettersHow Expedia’s CTO is using AI to transform work for 17,000 employees—and travel for millions
By John KellJanuary 14, 2026
thiel
Personal FinancePeter Thiel makes his biggest donation in years to help defeat California’s billionaire wealth tax
By Nick LichtenbergJanuary 14, 2026
Jensen Huang
SuccessThe job market is broken, but Nvidia CEO Jensen Huang is ‘fairly confident’ that AI will increase productivity and therefore, hiring—but there’s a catch
By Preston ForeJanuary 14, 2026
Illustration of Google logo and Gemini open on a smartphone.
AIGoogle connects Gemini to users’ emails and photos in push to build a personal assistant
By Beatrice NolanJanuary 14, 2026
man with glasses stares into camera
CryptoExclusive: Meld raises $7 million to integrate stablecoin networks, build the ‘Visa for crypto’
By Carlos GarciaJanuary 14, 2026
newsom
Politics‘You are really playing with fire with this one’: California billionaires tax ignites, pitting labor unions and voters against tech execs
By MIchael R. Blood, Michael Liedtke and The Associated PressJanuary 14, 2026
engineer
CommentaryChina graduates 1.3 million engineers per year, versus just 130,000 in the U.S. We need AI to bridge the gap
By Paul Eremenko and Ashish SrivastavaJanuary 14, 2026
What 2026 holds for the future of work
NewslettersWhat 2026 holds for the future of work
By Allie GarfinkleJanuary 14, 2026
Photo: Meta chief Mark Zuckerberg
InvestingThe ‘Magnificent 7’ stocks are dying, and Wall Street is pretty happy about it
By Jim EdwardsJanuary 14, 2026
OnePlus CEO Pete Lau in Mumbai on June 22, 2017. (Photo: Punit Paranjpe/AFP/Getty Images)
NewslettersTaiwan issues arrest warrant for OnePlus CEO
By Andrew NuscaJanuary 14, 2026
Brokerage tech firm Alpaca raises $150 million in push to compete with trading giant Interactive Brokers
CryptoBrokerage tech firm Alpaca raises $150 million in push to compete with trading giant Interactive Brokers
By Ben WeissJanuary 14, 2026
Elon Musk says humans are ‘pre-programmed to die’ and longevity is ‘solvable’, raising huge questions about the future of health
HealthElon Musk says humans are ‘pre-programmed to die’ and longevity is ‘solvable’, raising huge questions about the future of health
By Marco Quiroz-GutierrezJanuary 14, 2026
Photo of Sundar Pichai (left) next to Apple CEO Tim Cook
AIGoogle wins big in AI deal with Apple, which highlights the iPhone maker’s own AI struggles and could spell trouble for OpenAI
By Jeremy Kahn and Beatrice NolanJanuary 13, 2026
A smartphone displaying the Google Gemini logo.
NewslettersAs ‘agentic commerce’ gains ground, companies shouldn’t put too much faith in ‘GEO,’ one industry insider warns
By Jeremy KahnJanuary 13, 2026
Being mean to ChatGPT can boost its accuracy, but scientists warn you may regret it
AIBeing mean to ChatGPT can boost its accuracy, but scientists warn you may regret it
By Marco Quiroz-GutierrezJanuary 13, 2026
‘Humans could go the way of horses’: Goldman calculated how bad the AI ‘job apocalypse’ will be—and its analysts were pleasantly surprised
AI‘Humans could go the way of horses’: Goldman calculated how bad the AI ‘job apocalypse’ will be—and its analysts were pleasantly surprised
By Jim EdwardsJanuary 13, 2026
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Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decisionplaceholder alt text
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AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweaponsplaceholder alt text
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Social Security faces a 24% cut in 2032—that's a $345 billion hit to retirees nationwide, watchdog saysplaceholder alt text
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