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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
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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 42 of 100
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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
  • Dara Khosrowshahi, chief executive officer of Uber Technologies
    SuccessUber CEO says his ‘really demanding’ work culture includes expecting employees to answer his emails over the weekend: ‘Don’t come here if you want to coast’
    By Emma BurleighMarch 4, 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
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
tanuj
BankingWhy the math says AI won’t steal your job: this exec found $49k savings per person from reskilling. It’s saved $55 million and counting
By Nick LichtenbergMarch 6, 2026
khosla
Commentary$3.7 billion whisper: the explosive growth of quiet corporate activism
By Sona KhoslaMarch 6, 2026
education
AIWe’re economists who designed a chatbot to help our students reason instead of cheat. Meet ‘Macro Buddy’
By Saharnaz Babaei-Balderlou, Shishir Shakya and The ConversationMarch 6, 2026
  • Fortune Editor-in-Chief Alyson Shontell and Khosla Ventures Founder Vinod Khosla: Graphic for Fortune 500 Titans and Disruptors of Industry podcast. Episode title: "AI and the end of work?"
    NewslettersFamed investor Vinod Khosla predicts free AI labor will lead to an era of few jobs and great abundance
    By Alyson ShontellMarch 4, 2026
New Target CEO Michael Fiddelke is putting candor at the core of his turnaround plan: ‘You can’t solve problems you’re not talking about’
NewslettersNew Target CEO Michael Fiddelke is putting candor at the core of his turnaround plan: ‘You can’t solve problems you’re not talking about’
By Phil WahbaMarch 6, 2026
McDonald’s CEO did a burger taste test that became a cautionary tale for execs. But there’s a silver lining
C-SuiteMcDonald’s CEO did a burger taste test that became a cautionary tale for execs. But there’s a silver lining
By Rachel VentrescaMarch 6, 2026
travis
CommentaryI help manage one of the world’s most constrained supply chains, up close to the defining energy bottleneck of the decade
By Travis EdmondsMarch 6, 2026
Target’s new CEO lays out a $6 billion plan to revive ‘Tarzhay’
C-SuiteTarget’s new CEO lays out a $6 billion plan to revive ‘Tarzhay’
By Phil WahbaMarch 6, 2026
The Block Ink logo is displayed on a mobile phone with the company's bran
AIExclusive: Block’s CFO explains the AI leaps over 18 months that led to the decision to slash nearly half its workforce 
By Sheryl EstradaMarch 6, 2026
  • 3 questions every CEO needs to ask about the AI jobs doom loop in the wake of Jack Dorsey’s dramatic 40% layoffs at Block
    C-Suite3 questions every CEO needs to ask about the AI jobs doom loop in the wake of Jack Dorsey’s dramatic 40% layoffs at Block
    By Diane BradyMarch 4, 2026
Meet Markwayne Mullin, the new multimillionaire head of DHS, who owns a cattle ranch in Oklahoma
PoliticsMeet Markwayne Mullin, the new multimillionaire head of DHS, who owns a cattle ranch in Oklahoma
By Jacqueline MunisMarch 5, 2026
Warren Buffett’s successor is all-in on the company: He will spend his entire after-tax salary of $15M buying Berkshire Hathaway stock
C-SuiteWarren Buffett’s successor is all-in on the company: He will spend his entire after-tax salary of $15M buying Berkshire Hathaway stock
By Marco Quiroz-GutierrezMarch 5, 2026
Most Americans are woefully short on saving for retirement—Warren Buffett’s investing advice could help
Personal FinanceMost Americans are woefully short on saving for retirement—Warren Buffett’s investing advice could help
By Sydney LakeMarch 5, 2026
Stressed high income woman
SuccessEven most six-figure earners say buying a house is unattainable—half of Americans can’t afford to dine out or vacation in a cost of living crisis
By Emma BurleighMarch 5, 2026
trump
Health‘Usually everybody loves money’: Trump’s FDA chief to start giving bonuses for faster drug reviews
By Catherina GioinoMarch 5, 2026
Bernard Arnault, wearing a dark suit, speaks into a microphone and is in front of a deep purple background.
C-SuiteLVMH CEO Bernard Arnault is now 77. Thanks to a shareholder change to company bylaws, he can continue as boss until he’s 85
By Sasha RogelbergMarch 5, 2026
women in workforce
Workplace CultureWhy women’s earnings plateau in their 30s while men’s just keep growing through their 40s: It’s not just motherhood
By Nick LichtenbergMarch 5, 2026
dell
CommentaryTime on his side: Michael Dell the real business icon as Icahn the activist recedes from view
By Jeffrey Sonnenfeld and Steven TianMarch 5, 2026
Baby in hospital
SuccessChinese billionaire who has fathered more than 100 children hopes to have dozens of U.S.-born boys to one day take over his business
By Emma BurleighMarch 5, 2026
Gen Z women are the new face of unemployment—and it’s not because they’re too choosy: Low grades and bad health are to blame for these NEETs, new research warns
SuccessGen Z women are the new face of unemployment—and it’s not because they’re too choosy: Low grades and bad health are to blame for these NEETs, new research warns
By Orianna Rosa RoyleMarch 5, 2026
office
Future of Work‘The ideal number of human employees inside of any company is zero’: Why AI gives company owners what they think they want
By Nick LichtenbergMarch 5, 2026
The Iran war is giving rise to a centuries-old economic theory—and laying waste to the WTO-based world order
NewslettersThe Iran war is giving rise to a centuries-old economic theory—and laying waste to the WTO-based world order
By Diane BradyMarch 5, 2026
vradenburg
CommentaryPoor brain health costs the world economy $5 trillion a year. The world is waking up to the crisis
By George VradenburgMarch 5, 2026
President Trump
Personal FinanceTrump’s new 401(k) match collides with a harsh reality: More workers are dipping into their retirement cash just to get by
By Jake AngeloMarch 5, 2026
erik
Future of WorkTop AI economist who found ‘significant and disproportionate impact’ on entry-level jobs finds link between robots and minimum wage hikes
By Nick LichtenbergMarch 4, 2026
teresa
EconomyThis ‘retirement nerd’ at the uber-liberal New School teamed with Trump’s economy guru to reinvent the 401(k)
By Jacqueline MunisMarch 4, 2026
kids on phones
Arts & EntertainmentMeet the social media CEO who won’t let his own kids on social media: ‘Parents are oblivious to the world’
By Jake AngeloMarch 4, 2026
Lenovo’s CIO says patience is a virtue in AI investing, but the clock is ticking
NewslettersLenovo’s CIO says patience is a virtue in AI investing, but the clock is ticking
By John KellMarch 4, 2026
Teacher with her hands on her head
SuccessThe average American teacher makes $72,000, but one in three are so broke they’re taking on side hustles like Uber driving
By Preston ForeMarch 4, 2026
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Most Popular
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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