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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 62 of 100
CEOs at Davos are buying into the agentic AI hype
NewslettersCEOs at Davos are buying into the agentic AI hype
By Alyson ShontellJanuary 21, 2026
  • moreland
    CommentaryFortune 500 exec: College grads aren’t ready for today’s jobs
    By Mary MorelandJanuary 17, 2026
Photo of Tim Cook, Apple CEO.
MagazineApple tops the 2026 World’s Most Admired Companies list—finishing No. 1 for the 19th year in a row
By Matthew Heimer and Scott DeCarloJanuary 21, 2026
Davos
CommentaryThe world needs 8.5x higher GDP to give everyone a Swiss standard of living. As leaders gather in Davos, fear of growth holds this back
By Chris Bradley, Nick Leung and Sven SmitJanuary 21, 2026
louisa
CommentaryDavos 2026: reading the signals, not the headlines
By Louisa LoranJanuary 21, 2026
benioff
PoliticsBillionaire Marc Benioff challenges the AI sector: ‘What’s more important to us, growth or our kids?’
By Jake AngeloJanuary 20, 2026
Photo of a Davos attendee
C-SuiteTrust has become the crisis CEOs can’t ignore at Davos, as new data show 70% of people turning more ‘insular’
By Diane BradyJanuary 20, 2026
  • The CEO of Informatica, Amit Walia
    SuccessLike DoorDash and Google’s CEOs, $7.6 billion Informatica boss is a McKinsey alum—he says being ‘pushed around’ by smart consultants helped him grow
    By Emma BurleighJanuary 17, 2026
nadella
Big TechSatya Nadella’s biggest AI bubble warning yet is a challenge to the Fortune 500: It’s time to reinvent the knowledge worker
By Jake AngeloJanuary 20, 2026
What Walmart’s CEO succession reveals about the smartest time to exit
C-SuiteWhat Walmart’s CEO succession reveals about the smartest time to exit
By Ruth UmohJanuary 20, 2026
Image of various nation's flags over the World Economic Forum sign in Davos.
NewslettersAt Davos, AI hype gives way to focus on ROI
By Jeremy KahnJanuary 20, 2026
ICE
PoliticsHow you, the American taxpayer, funded an army-scale supersizing of ICE: ‘Trump is militarizing immigration enforcement’
By Lisa Mascaro and The Associated PressJanuary 20, 2026
Marc Andreessen
SuccessBillionaire Marc Andreessen spends 3 hours a day listening to podcasts and audiobooks—that’s nearly an entire 24-hour day each week
By Preston ForeJanuary 20, 2026
  • Logan Paul
    SuccessLogan Paul tells Gen Z they can turn any passion into a career—he’s turned Pokémon, YouTube, and wrestling into an empire worth millions
    By Preston ForeJanuary 17, 2026
Woman driving truck
SuccessTruck driving is among the best jobs to have right now, Indeed says—it pays $160,000, with no degree required
By Emma BurleighJanuary 20, 2026
Forget the four-day workweek: Despite what Bill Gates and Elon Musk predict, the CEO of the world’s largest workspace provider says it’s not happening
SuccessForget the four-day workweek: Despite what Bill Gates and Elon Musk predict, the CEO of the world’s largest workspace provider says it’s not happening
By Orianna Rosa RoyleJanuary 20, 2026
Last year, AI hype wowed Davos. This year, leaders are obsessing over how to use the technology at scale
NewslettersLast year, AI hype wowed Davos. This year, leaders are obsessing over how to use the technology at scale
By Jeremy Kahn and Claire ZillmanJanuary 20, 2026
kande
C-SuitePwC’s global chairman says most leaders have forgotten ‘the basics’ as new research shows 56% are still getting ‘nothing’ out of AI adoption
By Diane Brady and Nick LichtenbergJanuary 19, 2026
Elon Musk, wearing a suit, looks to the side and frowns.
AIElon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics
By Sasha RogelbergJanuary 19, 2026
mohamad ali
CommentaryI lead IBM Consulting, here’s how AI-first companies must redesign work for growth
By Mohamad AliJanuary 19, 2026
Every Friday, Barry’s chairman meets with people who sent him cold emails asking for career advice—‘even random people on LinkedIn’
SuccessEvery Friday, Barry’s chairman meets with people who sent him cold emails asking for career advice—‘even random people on LinkedIn’
By Orianna Rosa RoyleJanuary 19, 2026
Trump and his Greenland threats are set to dominate a high-stakes World Economic Forum in Davos
NewslettersTrump and his Greenland threats are set to dominate a high-stakes World Economic Forum in Davos
By Diane Brady and Claire ZillmanJanuary 19, 2026
ravi
CommentaryLearning and work are converging in an integrated new life template for the AI era 
By Ravi Kumar SJanuary 19, 2026
USAA CEO Juan C. Andrade
SuccessHalf of veterans leave their first post-military jobs in less than a year, and spouses face sky-high unemployment—this CEO has a $500 million fix
By Emma BurleighJanuary 19, 2026
dusek
CommentaryGeoeconomics is the new geopolitics: Playing offense in the new economy
By Mirek DusekJanuary 19, 2026
typewriter
Future of WorkMeet a 28-year-old Canadian woman who turned her pen-pal side hustle into a subscription side hustle with over 1,000 members
By Cheyanne Mumphrey and The Associated PressJanuary 18, 2026
Photo of Sven Beckert
EconomyThis Harvard professor spent 8 years traveling the world researching the secret history of capitalism and how ‘marginal’ and ‘weak’ it used to be
By Nick LichtenbergJanuary 18, 2026
Ken Griffin and Palm Beach.
SuccessStep inside ‘Billionaire’s Beach,’ where the world’s richest people are flocking to buy mega mansions and Donald Trump would be your neighbor
By Emma BurleighJanuary 18, 2026
prison
CommentaryWhat hiring someone who served 20 years in prison taught us about loyalty at work
By Brian Koehn and Adam ClaussenJanuary 18, 2026
Photo of Jim Farley
AIFord CEO warns there’s a dearth of blue-collar workers able to construct AI data centers and operate factories: ‘Nothing to backfill the ambition’
By Sasha RogelbergJanuary 18, 2026
Exterior view of a large building.
RetailFortune Archives: How Saks made luxury for the masses
By Indrani SenJanuary 18, 2026
LaurenAntonoff
SuccessThis CEO has a ‘1950s family structure in reverse’—her husband does the childcare, cooking, and cleaning: ‘I do the making money and paying taxes’
By Preston ForeJanuary 18, 2026
boardroom
CommentaryWhen AI decides how shareholders vote, boards need to rethink governance
By Jane SadowskyJanuary 17, 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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