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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

3

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
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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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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
  • Top University of Minnesota grads are ‘at least as good, maybe better’ than the best and brightest from Harvard, former Goldman Sachs CEO says
    Future of WorkTop University of Minnesota grads are ‘at least as good, maybe better’ than the best and brightest from Harvard, former Goldman Sachs CEO says
    By Jason MaJanuary 10, 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
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
Elon Musk shares 4 bold predictions for the future of work: Robot surgeons in 3 years, immortality, and no need for retirement savings
SuccessElon Musk shares 4 bold predictions for the future of work: Robot surgeons in 3 years, immortality, and no need for retirement savings
By Orianna Rosa RoyleJanuary 13, 2026
Illustration of the AI chatbot Claude on a mobile phone in front of an Anthropic logo.
AIAnthropic launches Claude Cowork, a file-managing AI agent that could threaten dozens of startups
By Beatrice NolanJanuary 13, 2026
Polygon Labs buys two crypto startups for $250 million as it looks to compete with Stripe
CryptoPolygon Labs buys two crypto startups for $250 million as it looks to compete with Stripe
By Ben WeissJanuary 13, 2026
  • Investor Michael Burry reveals options bet against Oracle
    InvestingInvestor Michael Burry reveals options bet against Oracle
    By Carmen Reinicke, Jeran Wittenstein and BloombergJanuary 10, 2026
As billionaires debate California’s wealth tax, a tech investor suggests other ways to raise revenue that target a huge loophole the rich exploit
Startups & VentureAs billionaires debate California’s wealth tax, a tech investor suggests other ways to raise revenue that target a huge loophole the rich exploit
By Jason MaJanuary 13, 2026
How Strava ran toward a comeback and set its sights on an IPO
NewslettersHow Strava ran toward a comeback and set its sights on an IPO
By Allie GarfinkleJanuary 13, 2026
A person in a hoodie holding a credit card.
CybersecurityConsumers lost $12.5 billion to fraud last year, and AI-powered scams are set to explode in 2026, Experian warns
By Amanda GerutJanuary 13, 2026
The Siri application icon in October 2025. (Photo: Nikolas Kokovlis/NurPhoto/Getty Images)
NewslettersApple will use Google Gemini to power Siri
By Andrew NuscaJanuary 13, 2026
vervet
LawMonkeys are on the loose in St. Louis, and AI-generated jokes are just slowing down animal control’s primate chase
By Heather Hollingsworth and The Associated PressJanuary 12, 2026
  • cappelli
    AIWharton’s great contrarian says AI isn’t an easy excuse to cut jobs—or easy at all: ‘The key thing … is just how much work is involved in doing it’
    By Nick LichtenbergJanuary 10, 2026
google
AI‘Apple Intelligence,’ powered by Gemini, marks a ‘major validation moment for Google,’ top tech analyst says
By Michael Liedtke and The Associated PressJanuary 12, 2026
grok
AIGrok blocked in Malaysia and Indonesia as sexual deepfake scandal builds
By Eileen Ng, Edna Tarigan and The Associated PressJanuary 12, 2026
‘Godfather of AI’ says the technology will create massive unemployment and send profits soaring — ‘that is the capitalist system’
AI‘Godfather of AI’ says the technology will create massive unemployment and send profits soaring — ‘that is the capitalist system’
By Jason MaJanuary 12, 2026
An anonymous Polymarket trader made $400,000 betting on Maduro’s downfall—and now Washington wants answers
CryptoAn anonymous Polymarket trader made $400,000 betting on Maduro’s downfall—and now Washington wants answers
By Leo SchwartzJanuary 12, 2026
Illustration of Elon Musk in front of the xAI logo.
AIU.K. investigation into X over allegedly illegal deepfakes risks igniting a free speech battle with the U.S.
By Beatrice NolanJanuary 12, 2026
Sergey Brin
SuccessGoogle’s Sergey Brin admits he’s hiring ‘tons’ of workers without degrees: ‘They just figure things out on their own in some weird corner’
By Preston ForeJanuary 12, 2026
Photo of Jeff Bezos
SuccessJeff Bezos tells Gen Z entrepreneurs to gain work experience before launching new companies: ‘I started Amazon when I was 30’
By Sydney LakeJanuary 12, 2026
paramount
CommentaryA cautionary Hollywood tale: the Ellisons’ lose-lose Paramount positioning
By Jeffrey Sonnenfeld and Stephen HenriquesJanuary 12, 2026
How a Harvard grad helped make Hyperliquid the biggest new player in crypto—with just 11 people and no venture funding
CryptoHow a Harvard grad helped make Hyperliquid the biggest new player in crypto—with just 11 people and no venture funding
By Ben Weiss and Leo SchwartzJanuary 12, 2026
Help Fortune uncover Europe’s Most Innovative Companies 2026 
EuropeHelp Fortune uncover Europe’s Most Innovative Companies 2026 
By Fortune EditorsJanuary 12, 2026
World Liberty Financial’s bid for a U.S. bank charter raises new questions about Trump’s crypto conflicts
NewslettersWorld Liberty Financial’s bid for a U.S. bank charter raises new questions about Trump’s crypto conflicts
By Leo SchwartzJanuary 12, 2026
Malaysia and Indonesia move to ban Musk’s Grok AI over sexually explicit deepfakes
AIMalaysia and Indonesia move to ban Musk’s Grok AI over sexually explicit deepfakes
By Angelica AngJanuary 12, 2026
An iPhone displaying the Grok app and logo on January 7, 2026. (Photo: Anna Barclay/Getty Images)
NewslettersIndonesia and Malaysia temporarily block Grok
By Andrew NuscaJanuary 12, 2026
What global executives need to ask about China in 2026
AsiaWhat global executives need to ask about China in 2026
By Joe Ngai and Jeongmin SeongJanuary 11, 2026
A smartphone displaying the app icon for Anthropic AI chatbot Claude displayed against a backdrop that also says "Claude."
AIAnthropic unveils Claude for Healthcare, expands life science features, and partners with HealthEx to let users connect medical records
By Jeremy KahnJanuary 11, 2026
Magnificent 7’s stock market dominance shows signs of cracking
InvestingMagnificent 7’s stock market dominance shows signs of cracking
By Jeran Wittenstein, Ryan Vlastelica and BloombergJanuary 11, 2026
Eric Vaughan
AIThis CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again
By Nick LichtenbergJanuary 11, 2026
Elon Musk, wearing a suit, puts his knuckles together and looks upward.
TechElon Musk asked people to upload their medical data to X so his AI company could learn to interpret MRIs and CT scans
By Sasha RogelbergJanuary 11, 2026
Walmart teams with Alphabet for AI-assisted shopping on Gemini
RetailWalmart teams with Alphabet for AI-assisted shopping on Gemini
By Jaewon Kang and BloombergJanuary 11, 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
By Sydney LakeJune 6, 2026
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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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