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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
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Gordon Ritter: I predicted AI’s learning loop a decade ago. The doomers are still measuring the wrong thing

The companies winning aren’t replacing human judgment — they’re capturing it. The ones losing are letting it drain away.

By Gordon RitterJune 11, 2026
‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
By Diane BradyJune 11, 2026
How the World Cup is a high-stakes stage for Big Tech’s AI push
How the World Cup is a high-stakes stage for Big Tech’s AI push
By John KellJune 10, 2026
Xbox CEO Asha Sharma
Xbox’s CEO spent her early career taking out trash and selling coupon books—she says the secret to her rise was never obsessing over a dream career
By Preston ForeJune 10, 2026
Anthropic accused of ‘secret sabotage’ as Claude Fable 5 silently limits capabilities for AI researchers and developers
Anthropic accused of ‘secret sabotage’ as Claude Fable 5 silently limits capabilities for AI researchers and developers
By Sharon GoldmanJune 10, 2026
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out
By Jacqueline MunisJune 10, 2026
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Future of Work
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Boris Cherny, Head of Claude Code
The architect behind Claude Code reveals the three things Anthropic looks for in a good hire—and why people with low ego are a must

Anthropic’s exec Boris Cherny reveals why being humble makes job applications stand out at the hottest AI company right now: “Ego just gets in the way of stuff.”

By Emma BurleighJune 10, 2026
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

The Wonder founder is automating fast-casual food with machines that make salad and poke bowls, sauces, and eventually drinks but there are few roles for humans in these kitchens.

By Amanda GerutJune 9, 2026
The AI industry spent years chasing bigger models. Now it’s chasing efficiency

After years of pursuing ever larger models, AI leaders are increasingly focused on efficiency, adaptability, and the rising cost of inference.

By Sharon GoldmanJune 9, 2026
AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO

As companies move beyond AI pilots, Hyatt says the technology is delivering measurable business results.

By Sharon GoldmanJune 9, 2026
More in Future of Work
Success
More in Success
Meryl Streep says she was ‘ready to retire’ when the call for ‘Devil Wears Prada’ came—so she demanded they double her salary or nothing
Meryl Streep says she was ‘ready to retire’ when the call for ‘Devil Wears Prada’ came—so she demanded they double her salary or nothing

Meryl Streep says she was lowballed when offered the role of Miranda Priestly in “The Devil Wears Prada”—so, ready to retire anyway, she demanded double.

By Orianna Rosa RoyleJune 10, 2026
‘Knicks in 6. 2026 NBA Finals’: Why did this New Yorker make a prophecy in his 2020 high school yearbook?

Evan Pfeufer, 23, now in sales, said he took some grief, particularly from his parents, for not using the yearbook space to spotlight achievements.

By Philip Marcelo and The Associated PressJune 10, 2026
‘I’m not focused on names at all’: Rumors of Trump Station replacing Penn Station in New York batted aside

A dramatic new vision for the transit hub calls for a return to the old grandeur of the station, with Roman-style columns and 50-foot ceilings.

By Philip Marcelo and The Associated PressJune 9, 2026
Graham Platner easily prevails over attempts to derail progressive Senate candidacy in Maine

Platner, an oyster farmer and combat veteran, stressed a message of redemption as he promised to oust Susan Collins.

By Patrick Whittle, Kimberlee Kruesi and The Associated PressJune 10, 2026
More in Success
C-Suite
More in C-Suite
Businesswoman working at desk with laptop and documents in office
Finance teams can’t quit Excel. Workday wants to change that with AI

As AI reshapes financial planning, Workday is positioning its latest platform to replace the spreadsheet sprawl that’s long plagued FP&A teams.

By Sheryl EstradaJune 10, 2026
Jamie Laing thinks tomorrow’s Fortune 500 will be built by creators. He might be right 

Creator-led brands have been easy to dismiss as novelties built on borrowed fame. But their cultural fluency, agility and proximity to consumers make them better equipped to build lasting businesses, argues Candy Kittens co-founder and reality star Jamie Laing.

By Sam BirchallJune 10, 2026
‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI

Since stepping into the Xbox CEO role, Asha Sharma has preached a “return of Xbox.”

By Sebastian HerreraJune 9, 2026
Saudi economy redraws ambitions—‘going local’ is the new buzz phrase 

After a decade of dizzying investments, Saudi Arabia is now focused on domestic priorities.

By Melissa HancockJune 10, 2026
More in C-Suite
Workplace Culture
More in Workplace Culture
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
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

For Q1, the first quarter with the initiative in place, just over half of the company’s 246 employees qualified and received raises between 2% and 4% so far.

By Sage LazzaroJune 9, 2026
AI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.

By Sharon GoldmanJune 9, 2026
Gen Z hiring manager says boomer bosses are right about her generation’s ‘attitude’ problem after a candidate took the interview from her phone

“Gen Z aren’t getting jobs because of their attitude,” a Gen Z hiring manager slams after one applicant dialed in from their phone and demanded more money.

By Orianna Rosa RoyleJune 9, 2026
This CEO keeps going viral for thirst-trapping journalists with $200k jobs to be head of content. Yes, he’s trying to prove a point

Stacker CEO Noah Greenberg helps “brand journalists” distribute their content into newsrooms and platforms across the media. But is it journalism?

By Nick LichtenbergJune 9, 2026
More in Workplace Culture
Latest Stories
While investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond
InnovationWhile investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond
By Jason MaJune 11, 2026
A man in a suit jacket gestures with his hands.
AISpaceX is about to make history—and 80% of VCs won’t see a dime of it
By Amanda GerutJune 11, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
EconomyT-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
By Jim EdwardsJune 11, 2026
Bridgit Mendler, co-founder and CEO of Northwood, at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
NewslettersBridgit Mendler sees the space economy going mainstream
By Andrew NuscaJune 11, 2026
Top CD rates today, June 11, 2026: Lock in up to up to 4.30%
Personal FinanceTop CD rates today, June 11, 2026: Lock in up to up to 4.30%
By Glen Luke FlanaganJune 11, 2026
Today’s top high-yield savings rates: Up to 5.00% on June 11, 2026
Personal FinanceToday’s top high-yield savings rates: Up to 5.00% on June 11, 2026
By Glen Luke FlanaganJune 11, 2026
bessent
CommentarySocial Security and Medicare are heading toward insolvency. Congress has 6 years to act
By Steve H. Hanke and David M. WalkerJune 11, 2026
Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain
CryptoMeet the Fortune Crypto 100: A ranking of the very best companies in blockchain
By Jeff John RobertsJune 11, 2026
More LeadershipPage 41 of 100
People wait outside a building
AIAI layoffs are coming. The problem may be compounded because nearly 75% of people don’t apply for unemployment benefits
By Jacqueline MunisMarch 9, 2026
  • denmark
    Arts & EntertainmentMeet Denmark’s 34-year-old celebrity chef who wants fancy food to be recognized as an art form
    By James Brooks and The Associated PressMarch 6, 2026
Paris Hilton poses on the red carpet.
SuccessAfter losing her Malibu home, Paris Hilton is raising $1 million to get women-owned businesses back on their feet
By Gabriela Aoun Angueira and The Associated PressMarch 9, 2026
Left to right: Dave Ramsey and Donald Trump
SuccessDave Ramsey slams Trump Accounts, the new investment accounts for babies—he’s advising parents to take the $1,000 and put their own money elsewhere
By Emma BurleighMarch 9, 2026
Business man on the phone with luggage
SuccessEuropean companies using AI are hiring more workers, not cutting them—and Americans are already relocating there to escape uncertainty
By Preston ForeMarch 9, 2026
stitch
Future of Work‘It feels like a video game, but in real life’: Gen Z’s love of analog ‘grandma’ hobbies jump from Pokemon to bird-watching, scrolling to needlepoint
By Kaitlyn Huamani and The Associated PressMarch 9, 2026
In this photo illustration, the Microsoft Copilot AI logo is seen displayed on a smartphone screen.
AIMicrosoft unveils Copilot Cowork agents built on Anthropic’s AI and E7 AI product suite as it seeks to calm investor concerns about AI eating SaaS
By Jeremy KahnMarch 9, 2026
  • IRS
    PoliticsIRS chief reveals nobody was fired for illegally sharing data with ICE ‘approximately 42,695 times’
    By Fatima Hussein and The Associated PressMarch 6, 2026
cocoa
EconomyMeet the African cocoa farmers who are letting their crops rot because the commodity price has fallen so much
By Edward Acquah, Ope Adetayo and The Associated PressMarch 9, 2026
HR is supposed to design career paths. So why are its own so unclear?
NewslettersHR is supposed to design career paths. So why are its own so unclear?
By Ruth UmohMarch 9, 2026
AI is making traditional CEO credentials less convincing
C-SuiteAI is making traditional CEO credentials less convincing
By Ruth UmohMarch 9, 2026
Economist Dambisa Moyo says CEOs must play a role in sustaining the consumer class as AI eliminates jobs
NewslettersEconomist Dambisa Moyo says CEOs must play a role in sustaining the consumer class as AI eliminates jobs
By Diane BradyMarch 9, 2026
From thyroid cancer to 40‑hour fasts: Inside Daymond John’s obsession with biohacking and living longer
HealthFrom thyroid cancer to 40‑hour fasts: Inside Daymond John’s obsession with biohacking and living longer
By Sydney LakeMarch 8, 2026
  • beyond
    Success‘It’s just not the moment for plant-based meat right now’: Beyond Meat is just Beyond now, CEO says
    By Dee-Ann Durbin and The Associated PressMarch 6, 2026
Joseph Stiglitz says buckle up before the great AI ‘reallocation’ era arrives
AIJoseph Stiglitz says buckle up before the great AI ‘reallocation’ era arrives
By Catherina GioinoMarch 8, 2026
taylor
BankingThe hidden economy deciding who gets into your favorite concert, restaurant, and theme park
By Nick LichtenbergMarch 8, 2026
Asana’s new CEO says getting a job in Silicon Valley isn’t harder for Gen Z than it was for him—he shares his alternative ‘donut box’ hack for getting hired
SuccessAsana’s new CEO says getting a job in Silicon Valley isn’t harder for Gen Z than it was for him—he shares his alternative ‘donut box’ hack for getting hired
By Orianna Rosa RoyleMarch 8, 2026
Photo of Logan Brown
SuccessThis AI founder who quit her 9-to-5 law job has a warning for anyone dreaming of doing the same: ‘I’m working harder now than I ever did’
By Emma BurleighMarch 8, 2026
Peter Thiel warned AI is coming for ‘math people before word people.’ Banks have already said smaller headcounts are possible
BankingPeter Thiel warned AI is coming for ‘math people before word people.’ Banks have already said smaller headcounts are possible
By Jason MaMarch 7, 2026
OpenAI robotics leader resigns over concerns about surveillance and autonomous weapons amid Pentagon contract
AIOpenAI robotics leader resigns over concerns about surveillance and autonomous weapons amid Pentagon contract
By Sharon GoldmanMarch 7, 2026
Distressed young man, with his palm to his head
SuccessGen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead
By Preston ForeMarch 7, 2026
Ring is one of the largest companies ever to come out of Shark Tank. Its CEO says he prepared for his pitch like an Olympic athlete
SuccessRing is one of the largest companies ever to come out of Shark Tank. Its CEO says he prepared for his pitch like an Olympic athlete
By Marco Quiroz-GutierrezMarch 7, 2026
the grind
AIAI seems to turn Marxist after overwork, top researchers find: ‘Society needs radical restructuring’
By Nick LichtenbergMarch 7, 2026
OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment
AIOpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after mass unemployment
By Nick LichtenbergMarch 6, 2026
Nearly 1,000 workers laid off at SK Battery plant in Georgia as companies cancel EVs and Trump Admin eliminates auto company incentives
Future of WorkNearly 1,000 workers laid off at SK Battery plant in Georgia as companies cancel EVs and Trump Admin eliminates auto company incentives
By The Associated Press, Jeff Amy and Alexa St. JohnMarch 6, 2026
Silicon Valley investor Vinod Khosla predicts education will be free, and the future of college is ‘a real question’
Future of WorkSilicon Valley investor Vinod Khosla predicts education will be free, and the future of college is ‘a real question’
By Marco Quiroz-GutierrezMarch 6, 2026
schmidt
CommentaryEric Schmidt: Big Tech should power its own AI ambitions 
By Eric SchmidtMarch 6, 2026
sarandos
CommentaryWhat Netflix’s acquisition of Ben Affleck’s AI filmmaking company really shows
By Lin CherryMarch 6, 2026
anthropic research chart
AIAnthropic just mapped out which jobs AI could potentially replace. A ‘Great Recession for white-collar workers’ is absolutely possible
By Jake AngeloMarch 6, 2026
Billionaire chipmaker CEO Lisa Su holds meetings on weekends and sends feedback after midnight because leaders aren’t born: ‘They’re trained’ 
SuccessBillionaire chipmaker CEO Lisa Su holds meetings on weekends and sends feedback after midnight because leaders aren’t born: ‘They’re trained’ 
By Orianna Rosa RoyleMarch 6, 2026
Stressed Gen Z pharmacy worker
SuccessGen Z graduates who majored in ‘AI-proof’ careers like pharmacy, biology, and education are making less than $50,000 after graduation
By Emma BurleighMarch 6, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week, Feb. 28–March 6, 2026
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week, Feb. 28–March 6, 2026
By Fortune EditorsMarch 6, 2026
lagos
Workplace CultureNigerian Gen Zers can’t afford the traditional table culture of clubs—and now rave culture is thriving
By Ope Adetayo and The Associated PressMarch 6, 2026
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Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese militaryplaceholder alt text
By Kate O'Keeffe and BloombergJune 8, 2026
Personal Finance
Current price of oil as of June 10, 2026placeholder alt text
By Joseph HostetlerJune 10, 2026
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