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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

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

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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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
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

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 11, 2026
bessent
Social Security and Medicare are heading toward insolvency. Congress has 6 years to act
By Steve H. Hanke and David M. WalkerJune 11, 2026
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
By Leonard LimJune 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
The curse of Trump watching sports in person: the home team seems to always lose
The curse of Trump watching sports in person: the home team seems to always lose
By The Associated Press and Will WeissertJune 10, 2026
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’
By The Associated Press and Christopher RugaberJune 10, 2026
Latest Stories
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
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
‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
Newsletters‘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
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
Fortune Crypto Innovators
CryptoMeet the Fortune Crypto Innovators
By FortuneJune 11, 2026
Fortune Crypto 100
Fortune Crypto 100
By FortuneJune 11, 2026
More PoliticsPage 37 of 100
Trump says he ruled out having Kurdish forces join Iran war
PoliticsTrump says he ruled out having Kurdish forces join Iran war
By Maria Paula Mijares Torres and BloombergMarch 7, 2026
  • U.S. Secretary of Treasury Scott Bessent
    EconomyThe Treasury may need to borrow an extra $1.6 trillion to cover the hole left by tariff ruling and pay a further $400 billion in debt interest
    By Eleanor PringleMarch 6, 2026
UAE and Kuwait start oil output cuts after Hormuz blockage
EnergyUAE and Kuwait start oil output cuts after Hormuz blockage
By Fiona MacDonald, Anthony Di Paola and BloombergMarch 7, 2026
Trump grieves with families during return of soldiers killed in war in the Middle East
PoliticsTrump grieves with families during return of soldiers killed in war in the Middle East
By Seung Min Kim, Julia Demaree Nikhinson and The Associated PressMarch 7, 2026
Forget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel
EnergyForget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel
By Jason MaMarch 7, 2026
Trump calls on regional leaders at ‘Shield of the Americas’ summit to use their militaries against drug cartels
North AmericaTrump calls on regional leaders at ‘Shield of the Americas’ summit to use their militaries against drug cartels
By Aamer Madhani, Joshua Goodman, Alanna Durkin Richer and The Associated PressMarch 7, 2026
The U.S. is sending an AI-powered anti-drone system to the Mideast as response to countering Iran’s Shahed has been ‘disappointing’
PoliticsThe U.S. is sending an AI-powered anti-drone system to the Mideast as response to countering Iran’s Shahed has been ‘disappointing’
By Emma Burrows and The Associated PressMarch 7, 2026
  • rail
    CommentaryCongress is about to chase rail freight onto American roads. It risks thousands of deaths
    By Michael F. GormanMarch 6, 2026
Top Pentagon official recalls the ‘whoa moment’ when defense leaders realized how indispensable Anthropic is and saw the risk of losing access
AITop Pentagon official recalls the ‘whoa moment’ when defense leaders realized how indispensable Anthropic is and saw the risk of losing access
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
Saudi Arabia intensifies engagement with Iran to defuse war
PoliticsSaudi Arabia intensifies engagement with Iran to defuse war
By Donato Paolo Mancini, Fiona MacDonald, Samy Adghirni, Sam Dagher and BloombergMarch 7, 2026
Trump says U.S. may target new parts of Iran in escalating war
PoliticsTrump says U.S. may target new parts of Iran in escalating war
By Arsalan Shahla, Kateryna Kadabashy and BloombergMarch 7, 2026
Regular gasoline is now $3.41 a gallon, up 43 cents since Trump launched his war on Iran, as oil prices soar 36% from a week ago
EnergyRegular gasoline is now $3.41 a gallon, up 43 cents since Trump launched his war on Iran, as oil prices soar 36% from a week ago
By Cathy Bussewitz and The Associated PressMarch 7, 2026
  • hegseth
    Middle EastPete Hegseth called it ‘quiet death’—the first time a U.S. sub fired a torpedo and hit an enemy ship since the 1940s
    By James Dwyer and The ConversationMarch 6, 2026
As Trump says military has plenty of munitions for Iran war, Democrats point out U.S. didn’t give Ukraine more interceptors because of low supply
PoliticsAs Trump says military has plenty of munitions for Iran war, Democrats point out U.S. didn’t give Ukraine more interceptors because of low supply
By Ben Finley and The Associated PressMarch 7, 2026
The U.S. and Gulf states have made repeated requests for Ukraine’s interceptor drones, but Kyiv banned weapons exports after Russia’s invasion
PoliticsThe U.S. and Gulf states have made repeated requests for Ukraine’s interceptor drones, but Kyiv banned weapons exports after Russia’s invasion
By Samya Kullab, Hanna Arhirova and The Associated PressMarch 7, 2026
With little or no help from the U.S. government, Americans stranded in the Mideast used WhatsApp and social media to figure out how to get home
PoliticsWith little or no help from the U.S. government, Americans stranded in the Mideast used WhatsApp and social media to figure out how to get home
By Hallie Golden, Rio Yamat, Michael Casey and The Associated PressMarch 7, 2026
Brandon Lutnick, chairman of Cantor Fitzgerald, sits in a white chair wearing a suit and speaking.
BankingMeet the quiet winners of the Supreme Court tariff ruling: hedge funds creating a $100 billion market snapping up rights to importers’ tariff refunds
By Sasha RogelbergMarch 7, 2026
adams
CommentaryTrump’s former Surgeon General: voters widely support vaccine access and want Washington to focus elsewhere
By Jerome AdamsMarch 7, 2026
palmer luckey
AIPalmer Luckey says Silicon Valley has the Pentagon all wrong: ‘Stick to a position that this is in the hands of the people’
By Jake AngeloMarch 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
Emergency services were called by staff at ICE’s largest detention facility almost once a day for five months straight
PoliticsEmergency services were called by staff at ICE’s largest detention facility almost once a day for five months straight
By The Associated Press, Michael Biesecker, Ryan J. Foley and Morgan LeeMarch 6, 2026
Scott Bessent, speaking into a microphone, raises one hand next to his face.
EconomyCBO highlights the good news in Trump’s lost tariff revenue hiking the deficit by $2 trillion: Lower inflation and unemployment—and higher GDP
By Sasha RogelbergMarch 6, 2026
Crypto industry could get its long-awaited bill as soon as July, says longtime D.C. insider
CryptoCrypto industry could get its long-awaited bill as soon as July, says longtime D.C. insider
By Jeff John RobertsMarch 6, 2026
UN
PoliticsCritical minerals demand snowballed to $2.5 trillion last year and could triple by 2030, UN projects
By Edith M. Lederer and The Associated PressMarch 6, 2026
Trump’s ‘no more elections’ during wartime quip revives fears about American democracy
PoliticsTrump’s ‘no more elections’ during wartime quip revives fears about American democracy
By Nick LichtenbergMarch 6, 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
post
EconomyThe Postal Service will run out of cash within a year, Postmaster General warns: ‘We have to have a conversation with the American public’
By Susan Haigh and The Associated PressMarch 6, 2026
dopfner
EuropeAxel Springer strikes $766 million deal to buy the Telegraph with goal to become ‘leading center-right media outlet’
By The Associated PressMarch 6, 2026
talarico
PoliticsTexas has its own Zohran Mamdani with viral video star Senate candidate James Talarico
By Jonathan J. Cooper and The Associated PressMarch 6, 2026
bondi
LawDOJ releases missing files with unconfirmed allegations about Trump from the 1980s
By Alanna Durkin Richer and The Associated PressMarch 6, 2026
hegseth
AIPentagon officially defines Anthropic as ‘supply chain risk’
By Matt O'Brien, Konstantin Toropin and The Associated PressMarch 6, 2026
Photo: US President Donald Trump during an event with Inter Miami CF in the East Room of the White House in Washington, DC, US, on Thursday, March 5, 2026. Inter Miami CF is visiting the White House to celebrate their 2025 championship win.
PoliticsIran is turning out to be a more effective enemy than many thought, and U.S. allies are losing their patience with the war
By Jim EdwardsMarch 6, 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
Success
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 thereplaceholder alt text
By Preston ForeJune 8, 2026
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