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Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teams

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After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety

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Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepoint

1

Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teams

2

After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety

3

Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepoint
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Former CIA official found with $40 million in gold bars for ‘work-related expenses’ reaches tentative plea deal 
Former CIA official found with $40 million in gold bars for ‘work-related expenses’ reaches tentative plea deal 

Investigators searched Rush’s home and seized about 300 gold bars worth more than $40 million, plus about $2 million in U.S. currency and about 35 luxury watches.

By The Associated PressSeptember 12, 2026
U.S. diesel prices are now 60% higher than they were before the Iran war, with one Trump voter paying twice as much to fuel his farm equipment
U.S. diesel prices are now 60% higher than they were before the Iran war, with one Trump voter paying twice as much to fuel his farm equipment
By Nick Ingram, Sudhin Thanawala and The Associated PressSeptember 12, 2026
Mortgage lending standards are so tight that homebuyers must have ‘pristine’ credit histories, study says, as sales head for 31-year low
Mortgage lending standards are so tight that homebuyers must have ‘pristine’ credit histories, study says, as sales head for 31-year low
By Jason MaSeptember 12, 2026
Trump’s childhood home sells for $1.9 million after prior owner bought it for $835,000 last year, when it was a mold-ridden den of feral cats
Trump’s childhood home sells for $1.9 million after prior owner bought it for $835,000 last year, when it was a mold-ridden den of feral cats
By The Associated PressSeptember 12, 2026
The trade deficit with Canada that’s upset Trump so much is due to crude the U.S. buys at a discount for the Midwest. ‘It’s the only oil they can use’
The trade deficit with Canada that’s upset Trump so much is due to crude the U.S. buys at a discount for the Midwest. ‘It’s the only oil they can use’
By Paul Wiseman and The Associated PressSeptember 12, 2026
Trump and Xi Jinping would both win the Nobel Peace Prize if they make a U.S.-China deal on AI development, OpenAI CEO Sam Altman says
Trump and Xi Jinping would both win the Nobel Peace Prize if they make a U.S.-China deal on AI development, OpenAI CEO Sam Altman says
By Jason MaSeptember 12, 2026
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As Europe weighs a peacekeeping force in Ukraine, Putin warns sending troops ‘means a war with Russia’
As Europe weighs a peacekeeping force in Ukraine, Putin warns sending troops ‘means a war with Russia’

Polish Prime Minister Donald Tusk said two incidents along Ukraine’s borders with Poland and Moldova this week were a preview of potential intensified Russian provocations.

By Volodymyr Yurchuk, Elise Morton and The Associated PressSeptember 12, 2026
Saudi Arabia’s nightmare scenario comes true as Houthis threaten crucial Red Sea shipping route and drone attacks force closure of major pipeline

For decades, Saudi Arabia and other Gulf states have relied on U.S. security guarantees. Those have eroded under Trump.

By Elena Becatoros, Joseph Krauss and The Associated PressSeptember 12, 2026
Mark Penn: How to save a billion and a half hours

AI promises convenience, but the internet is still clogged with cookie banners, CAPTCHAs, passcodes and unreadable fine print. It’s time to replace it.

By Mark PennSeptember 12, 2026
The ghost cartel — your pricing algorithm may have stopped competing without your knowledge

Antitrust law was built to catch human agreements. It has no name for what machines learn to do on their own.

By François Candelon, Paul-Louis Andres and Augustin ManchonSeptember 12, 2026
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North America
More in North America
Exclusive: OpenAI’s Sam Altman hints at pact with other AI companies to address safety risks
Exclusive: OpenAI’s Sam Altman hints at pact with other AI companies to address safety risks

In an interview with Fortune, OpenAI’s CEO said the industry need to put egos and competition aside to address AI safety risks, and suggested a coordinated plan might be coming soon.

By Alexei OreskovicSeptember 12, 2026
American schools weren’t broken until Silicon Valley used a lie to convince them they were—now reading and math scores are plummeting

Neuroscientist Jared Cooney Horvath warns the U.S.’s $30 billion bet on laptops in schools has made Gen Zers less cognitively capable than their parents.

By Sasha RogelbergSeptember 12, 2026
Howard Lutnick, Larry Silverstein, Jim Pierce and Mitt Romney all had last-minute changes of plan that kept them out of the WTC on 9/11

A school run, a doctor’s visit, a budget fight in Congress. Small shifts in plans kept dozens of people out of the World Trade Center that morning.

By Catherina GioinoSeptember 11, 2026
50 multimillionaire Gen Zers went on a two-week Goldman Sachs bootcamp—they learned how to read the news, invest in art, and communicate better

Goldman Sachs gathered 50 Gen Z multimillionaire heirs for a two-week crash course on investing in sports, building confidence, and reading the news.

By Emma BurleighSeptember 11, 2026
More in North America
Asia
More in Asia
The world’s largest health and beauty retailer says AI will make shopping ‘more human, not less’
The world’s largest health and beauty retailer says AI will make shopping ‘more human, not less’

The biggest risk with AI, warns AS Watson CEO Malina Ngai, is using it to polish today’s processes. Do that, and “you get a version of yesterday.”

By Nicholas GordonSeptember 12, 2026
Exec gave his Gen Z kids a list of  ‘daddy tips’ when they became old enough to work—it included showing up on time and ‘bringing value to a meeting’

Bosses say Gen Z lack basic people skills. One exec turned decades of career advice into a cheat sheet for his own daughters before they started work

By Orianna Rosa RoyleSeptember 11, 2026
AI solves overtourism’s ‘concentration problem’ by helping people find hidden gems, says Klook cofounder Ethan Lin

In Klook’s Travel Pulse survey of roughly Gen Z and millennial travelers across Asia, 57% said they had used AI to find new destinations or experiences.

By Angelica AngSeptember 11, 2026
‘Parents see themselves more as a client of the school’: Underperformance in class leads to apathy at home

A 40% non-response rate means the OECD couldn’t break out America’s worst-ever PISA reading scores by race or income this year.

By Sharon Lurye and The Associated PressSeptember 10, 2026
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Global
More in Global
Sam Altman confirms OpenAI won’t go public this year, saying an IPO now would come at an ‘ill-advised moment’ given AI safety concerns
Sam Altman confirms OpenAI won’t go public this year, saying an IPO now would come at an ‘ill-advised moment’ given AI safety concerns

“I would say not 2026. Yeah, we got a lot of stuff to do, like meeting this moment of what is going to be required for safety and alignment, and how the industry and governments can work together.”

By Jason MaSeptember 12, 2026
Exclusive: Sam Altman addresses AI doomsday fears in new interview

The OpenAI CEO sat down with Fortune to discuss the risk AI poses to humanity, the company’s IPO timing, and more.

By Alyson ShontellSeptember 12, 2026
Big Players ravage prediction markets

The idea that insiders hold the whip handle in prediction markets runs counter to claims made by promoters, who include Donald Trump and Donald Trump Jr.

By Steve H. Hanke and Roger KopplSeptember 12, 2026
(Sm)all banks should compete on technology, not fear it

Community banks do not need to launch their own stablecoins—but they do need to offer digital-dollar and tokenized-payment options that keep customers’ payments, data and treasury relationships within the bank.

By John D’Agostino and Chris B. KennedySeptember 12, 2026
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Housing market: Mortgage rates rise for third straight week to highest level since June 2025 while home sales fall for third month in a row
Economy
Housing market: Mortgage rates rise for third straight week to highest level since June 2025 while home sales fall for third month in a row
By Michelle Chapman and The Associated PressSeptember 12, 2026
After attack on Saudi pipeline, Trump says Houthis don’t want the U.S. involved — ‘everything’s going to work out fine and dandy’
Energy
After attack on Saudi pipeline, Trump says Houthis don’t want the U.S. involved — ‘everything’s going to work out fine and dandy’
By The Associated PressSeptember 12, 2026
Dario Amodei
AI
Anthropic CEO calls to slow the race toward AI ‘superintelligence,’ and grants outside evaluators permanent access
By Beatrice NolanSeptember 12, 2026
‘No one was coming to save me’: How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn’t fix
Success
‘No one was coming to save me’: How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn’t fix
By Sydney LakeSeptember 12, 2026
Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teams
Workplace Culture
Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teams
By Marco Quiroz-GutierrezSeptember 12, 2026
IBM launched limb tracking at this year’s U.S. Open – and it’s scoring every tennis player’s serve for fans to see
Arts & Entertainment
IBM launched limb tracking at this year’s U.S. Open – and it’s scoring every tennis player’s serve for fans to see
By Benjamin SnyderSeptember 12, 2026
school
Commentary
The Chamber of Commerce and the College Board on the missing subject in American high schools: business 
By Neil Bradley and Greg WalkerSeptember 12, 2026
js
Commentary
Boards were built for a vertical world. Risk has gone horizontal
By Jane SadowskySeptember 12, 2026
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‘Devin-kun’: Japan embraces agents as legacy code and a shrinking workforce create a perfect market for an AI software engineer 
Asia
‘Devin-kun’: Japan embraces agents as legacy code and a shrinking workforce create a perfect market for an AI software engineer 
By Nicholas GordonJuly 3, 2026
‘It’s just his AI and my AI going back and forth’: The workplace phenomenon that’s undermining human relationships
Future of Work
‘It’s just his AI and my AI going back and forth’: The workplace phenomenon that’s undermining human relationships
By Jacqueline MunisJuly 3, 2026
Photo: Paris, france
Environment
Brutal heatwave in France is killing 2,000 people per week, undertakers are overwhelmed, and health agency says there’s worse to come
By John Leicester and The Associated PressJuly 3, 2026
ds
Commentary
I argued with the father of open source for 2 years. Now the AI fight is the same — only bigger
By David SiegelJuly 3, 2026
ashok
Commentary
The greatest startup in history: What we can learn from America’s founders at today’s AI frontier
By Ashok N. SrivastavaJuly 3, 2026
Photo: World Cup fans drinking.
Economy
On Wall Street, analysts increasingly don’t believe the U.S. government’s ‘misleading’ job numbers
By Jim EdwardsJuly 3, 2026
U.S. President Donald Trump talks to reporters after signing an executive order dealing with automobile repairs with Environmental Protection Agency Administrator Lee Zeldin in the Oval Office at the White House on June 29, 2026 in Washington, DC.
Economy
Trump is already causing a headache for his new Fed chairman, saying the central bank’s board is ‘hostile’ and ‘doing the wrong thing’
By Eleanor PringleJuly 3, 2026
2
Commentary
America’s secret weapon isn’t just innovation — It’s the freedom to fail
By Keith J. KrachJuly 3, 2026
A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London’s disruptor extraordinaire
Magazine
A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London’s disruptor extraordinaire
By Kamal AhmedJuly 3, 2026
Man in a black hat and jacket
Investing
Elon Musk can’t sell a single SpaceX share for a year—and then all the locks crack open at once
By Amanda GerutJuly 3, 2026
t
Crypto
‘We are in a new era’: Trump’s bombshell $2.2 billion income haul, the ‘Big Player Theory’ and what happens when the president becomes the bubble
By Nick LichtenbergJuly 3, 2026
Woman sitting in front of her house
Success
Airbnb offered $750 to Americans to open up their homes during the World Cup—mostly women took it up and now they’re earning thousands
By Emma BurleighJuly 3, 2026
Photo: Iranian Supreme Leader Ayatollah Ali Khamenei
Politics
In Iran, regime officials who survived the war intended to kill them appear in public for dayslong funeral of the late Supreme Leader Khamenei
By Nasser Karimi, Jon Gambrell and The Associated PressJuly 3, 2026
Photo: Russian President Vladimir Putin Attends ASEAN-Russia Summit
Energy
Russians live with fuel shortages and rationing as Putin insists the war against Ukraine will go on
By The Associated PressJuly 3, 2026
bis
Investing
Global stocks stage a rally as American markets take the day off
By Elaine Kurtenbach and The Associated PressJuly 3, 2026
Photo: Ivanka Trump and Jared Kushner
Environment
Police use tear gas and pepper spray against Albanians protesting Trump family plans to develop unspoiled island into a luxury resort
By The Associated PressJuly 3, 2026
Inside the mind of Kevin Warsh: As told by his former boss Condoleezza Rice, his college friend, and his closest partner during the financial crisis
Magazine
Inside the mind of Kevin Warsh: As told by his former boss Condoleezza Rice, his college friend, and his closest partner during the financial crisis
By Eleanor PringleJuly 3, 2026
Microsoft’s next big bet isn’t on a model but on becoming the Swiss Army knife of enterprise AI
AI
Microsoft’s next big bet isn’t on a model but on becoming the Swiss Army knife of enterprise AI
By Sheryl Estrada and Sebastian HerreraJuly 3, 2026
Those bots sending discounts to your email is dynamic pricing in action. Get revenge on those bots by abandoning your cart
Retail
Those bots sending discounts to your email is dynamic pricing in action. Get revenge on those bots by abandoning your cart
By Catherina GioinoJuly 3, 2026
z
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
By Nick LichtenbergJuly 3, 2026
Most cancer philanthropy funds research. This winery cofounder is paying for the caregivers and chair lifts families can’t afford
Success
Most cancer philanthropy funds research. This winery cofounder is paying for the caregivers and chair lifts families can’t afford
By Sydney LakeJuly 3, 2026
Nissan CEO Ivan Espinosa was forced to put together a plan to save the Japanese carmaker in just six weeks: ‘I knew what had to be done’ 
Asia
Nissan CEO Ivan Espinosa was forced to put together a plan to save the Japanese carmaker in just six weeks: ‘I knew what had to be done’ 
By Andrew StaplesJuly 3, 2026
A man in an orange vest opens door to a cargo truck.
AI
Organized crime is building an AI hardware cargo theft economy: ‘The economics have become just crazy from the criminal opportunistic perspective’
By Sasha RogelbergJuly 3, 2026
The World Bank has elevated Vietnam and the Philippines to upper-middle-income status—but now they face ‘a far more demanding phase of development’
Economy
The World Bank has elevated Vietnam and the Philippines to upper-middle-income status—but now they face ‘a far more demanding phase of development’
By Angelica AngJuly 3, 2026
Best private student loans for medical school
Personal Finance
Best private student loans for medical school
By Joseph HostetlerJuly 2, 2026
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
Investing
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
By Marco Quiroz-GutierrezJuly 2, 2026
Opti-Greens 50 Review (2026): Insights from Hands-On Testing
Health
Opti-Greens 50 Review (2026): Insights from Hands-On Testing
By Christina SnyderJuly 2, 2026
U.S. Treasury Secretary Scott Bessent
Economy
AI’s $2.2 trillion deficit fix is already half fake, economists say
By Tristan BoveJuly 2, 2026
s
Personal Finance
The sports economy is unaffordable at the bar, let alone the stadium
By Catherina GioinoJuly 2, 2026
m
Politics
Trump fights fraud by freezing funding for New York’s Medicaid Fraud Control Unit
By Ali Swenson, Geoff Mulvihill and The Associated PressJuly 2, 2026
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Workplace Culture
Jamie Dimon runs JPMorgan’s 300,000 employees—but says it beats rivals by fighting in Navy SEAL-sized teamsplaceholder alt text
By Marco Quiroz-GutierrezSeptember 12, 2026
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After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safetyplaceholder alt text
By Catherina GioinoSeptember 12, 2026
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Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepointplaceholder alt text
By Jason MaSeptember 11, 2026
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