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Tax Day is here: Advice for last-minute filers racing against the clock

The tax filing deadline for 2025 tax returns is here, with taxpayers having until just before midnight on April 15 to file their returns or request an extension. Last-minute tax…
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Online response to the attack on Sam Altman’s house shows a generational divide

For years, the resistance to artificial intelligence looked manageable. There were academics writing open letters, Hollywood writers striking over contract language, and think-tank reports warning of job displacement. Tech executives…
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I was a government official in the 1990s and watched the economy get turned upside-down. It’s happening again

Today’s economy is being shaped by a range of competing forces: technological disruption, a rapidly globalizing marketplace, and a workforce caught in between — largely without a safety net designed for…
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A retired general’s warning: America can’t fight the AI arms race on tech it doesn’t control

The United States is entering a new phase of strategic competition—one where artificial intelligence is no longer an emerging capability, but a decisive element of military power. In this unfolding…
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Citi’s new CFO touts AI gains as bank posts record $24.6 billion revenue quarter: ‘This is not the spell-checker working better’

Good morning. Gonzalo Luchetti stepped into his first earnings spotlight as Citigroup’s chief financial officer on Tuesday, holding his debut media call ahead of the company’s Q1 2026 earnings. Citi…
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In letter to Xi, Trump asks China not to send weapons to Iran

President Donald Trump says he warned China against supplying weapons to Iran, and that Chinese President Xi Jinping responded with a claim he was “not doing that.” “He responded to…
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After attacks on Sam Altman’s home, experts see parallels to the Industrial Revolution

OpenAI CEO Sam Altman’s San Francisco home was attacked twice in three days—first with a Molotov cocktail, then with gunfire—the first attack of which was motivated by hatred of artificial…
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Economists warned California not to raise the minimum wage to $20. They were wrong in almost every way so far, another economist says

Following California implementing a law raising its minimum wage to $20 for more than 500,000 fast-food workers in the state in 2024, Christopher Thornberg, founding partner of research firm Beacon…
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With global oil supplies weeks away from systemic shortages, Trump teases an end to the war

Good morning. On Fortune’s radar today: Markets: Oil down, stocks up. EXCLUSIVE: The more hardware AI companies buy, the more money they lose. EXCLUSIVE: Jeremy Renner bets on AI tech…
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Azzi Fudd: how I learned to use NIL for transformation, not just transactions

As I close out my college basketball career at UConn and prepare to step into the next chapter of my professional career with the WNBA and Dallas Wings, I’ve been…
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Exclusive: Hyfix raises $15 million to build a U.S. alternative to DJI’s drone dominance

U.S. tech VCs are backing a new play to rebuild the drone stack from the silicon up. Hyfix Spatial Intelligence just raised a $15 million seed round to create an…
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Former Treasury secretary says guardrails are needed to avoid US-China ‘mutually assured economic disruption’

Former U.S. Treasury Secretary Hank Paulson said the United States’ upcoming meeting with China may not happen if the war in Iran continues, as Beijing grows increasingly dissatisfied with the…
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Former Treasury secretary warns US-China meeting may be complicated by Iran war, ‘trust deficit’

Former U.S. Treasury Secretary Hank Paulson said the United States’ upcoming meeting with China may not happen if the war in Iran continues, as Beijing grows increasingly dissatisfied with the…
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Trump says Iran war is ‘very close to being over’ as peace talks are expected to resume

President Donald Trump said the U.S.-Iran war is “very close” to an end as hostilities ease amid a two-week ceasefire agreement. “I think it’s close to over, yeah. I view…
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RED & BLUE DIVIDE: States push competing tax plans as voters weigh changes in election cycle

A wave of aggressive tax proposals is hitting voters this election cycle, as states push sharply different plans that could reshape how governments raise revenue. From efforts targeting high-net-worth individuals…
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Disney lays off 1,000 employees across TV and film under new CEO

Disney confirmed that it would be laying off 1,000 employees across the company on Tuesday. “Over the past several months, we have looked at ways in which we can streamline…
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Goldman Sachs makes surprise jump into Bitcoin ETFs with a product one analyst dubs ‘boomer candy’

Goldman Sachs has long been content to watch the crypto craze from the sidelines, but in a surprise move, the big bank on Tuesday revealed plans for its own product…
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Mercedes-Benz recalls over 24,000 vehicles due to drive shaft defect that could cause sudden failure

Mercedes-Benz is recalling more than 24,000 vehicles due to an issue with the drive shaft universal joint, which may unexpectedly break, according to the National Highway Traffic Safety Administration (NHTSA). …
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Viral video shows humanoid robot chasing wild boars off street in bizarre encounter

A humanoid robot known as Edward Warchocki was captured on video chasing a group of wild boars in Warsaw, Poland, in a bizarre encounter that has quickly gained traction online.…
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Elon Musk’s Boring Company fined nearly $500K after it dumped drilling fluids into Las Vegas manholes—then ‘feigned compliance’ and was caught doing it again

A county environmental regulator has fined Boring Company, Elon Musk’s tunneling venture, nearly $500,000 after the company dumped “drilling fluids” into manholes around Las Vegas, which led to “substantial damage”…
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Exclusive: Nevada congresswoman sends letter to Governor Lombardo ‘demanding transparency’ and accountability on rescinded Boring Company penalties

Rep. Dina Titus of Nevada sent a letter to Nevada Gov. Joe Lombardo Wednesday night, urging him to hold Elon Musk’s tunneling company, the Boring Company, accountable after firefighters were…
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New contract shows Palantir is working on a tech platform for another federal agency that works with ICE

Palantir, the artificial intelligence and data analytics company, has quietly started working on a tech platform for a federal immigration agency that has referred dozens of individuals to U.S. Immigration…
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Exclusive: After citations against Elon Musk’s Boring Company were suddenly withdrawn, federal regulators are now investigating Nevada OSHA

The U.S. federal workplace safety regulator has opened an investigation into Nevada’s state OSHA agency weeks after Fortune reported that three citations the state agency had issued against Elon Musk’s…
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Trump’s White House: America is short 10 million houses

White House economists estimate the United States has a shortage of 10 million houses, according to a new report out Monday — and say regulatory cuts could lead to more construction…
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Apple closing 3 stores, including its first-ever unionized location, sparking union-busting claims

Apple is closing a trio of Apple Store locations around the country, including the first location of the tech giant’s retail system to unionize. The company told The Baltimore Sun…
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LARRY KUDLOW: Financial markets are bullish on Trump

There’s a whiff of optimism in the air following President Trump’s decision to blockade Iran’s oil and money in order to bankrupt them and starve the regime out of power.…
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Coca-Cola chairman James Quincey says climbing the ladder to the C-suite is like Squid Game: ‘It’s survivor basis’

The path to the C-suite can feel long, uncertain—and at times, brutally competitive. Just ask Coca-Cola executive chairman James Quincey, who says his rise to the top had less to…
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Dow’s CEO pick elevates a seasoned insider at a pivotal moment for the chemical giant

Dow is making a closely watched leadership change at a pivotal moment for the chemical industry. The company said Thursday that Karen Carter, Dow’s current chief operating officer, will become…
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Binance founder says he was a victim of the Biden admin’s ‘hostile environment’ on crypto

Changpeng Zhao, better known as CZ, is a survivor. A childhood of poverty in China. Flipping hamburgers to pay his way through college before the self-described computer nerd entered the…
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White House study says DEI policies cost US economy by promoting unqualified managers

The White House released a study on Monday that found diversity, equity and inclusion (DEI) policies hinder productivity by leading to inefficient management that undercuts economic growth. The authors of…
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Xi Jinping says the world order is ‘crumbling into disarray.’ Larry Fink and the IMF are worried about a global recession

Chinese President Xi Jinping issued some of his starkest language yet about the state of the global economy on Tuesday, telling Spanish Prime Minister Pedro Sánchez in Beijing “the international…
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Trump’s economy officially passes Biden’s for worst consumer sentiment in recorded history

American consumers are more pessimistic about the economy than at any time in recorded history. The University of Michigan’s Consumer Sentiment Index fell to 47.6 in preliminary April 2026 readings…
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Home sales just fell 3.6%—and the spring buying season may not save them

The picture of an American springtime usually looks something like this: sunny days, chittering birds, and, on many suburban streets, a congested driveway full of eager prospective homebuyers gathering for…
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Another month, another record-high home price: March hits $408,800—the 33rd straight increase

Home prices just did it again. For the 33rd consecutive month, the median price of an existing home climbed—this time to $408,800 in March, a record high for the month,…
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McDonald’s expands into specialty drinks with ‘dirty sodas,’ refreshers push

McDonald’s is moving deeper into the fast-growing specialty beverage market, expanding its menu with new “dirty sodas” and refreshers as consumer demand shifts beyond traditional soft drinks and coffee. The…
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Trump’s macho MAGA economy is a bust. But there are plenty of high-paying jobs for men—in nursing and teaching

The White House promised a manufacturing renaissance. Instead, the factory floor keeps shrinking. For young men willing to ditch the hard-hat fantasy, the real money is in so-called “pink-collar” work—and…
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Trump admin’s Operation Epic Fury takes aim at banks handling Iranian money

The Trump administration is sending letters to banks in four areas about handling Iranian money. The letter obtained by FOX Business says the Treasury Department has evidence that banks in…
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Anthropic’s investors could be the key to ending its Pentagon standoff—but some investors have opposite views

In 2023, as Dario Amodei was fundraising for the company’s $750 million Series D round, an investor was seated with the CEO at a dinner when he recalled him getting…
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U.S. utilities are planning a $1.4 trillion spending spree, up 30%, over the next five years amid the AI construction boom

U.S. utilities and power generators are hiking their spending plans to record levels at the same time as consumer utility bills have surged to new highs—and it’s no coincidence. Investor-owned…
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Businesses shift to lower-regulation states as costs mount

A widening gap between heavily regulated states and those with lighter rules is increasingly shaping where businesses choose to operate, as compliance costs and administrative hurdles weigh on growth. JAMIE…
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Trump’s agricultural tariffs hit all 50 states—driving up food prices, crushing exports, and leaving farmers with nowhere to turn

When the Trump administration began its tariff campaign in 2025, some of the loudest critics focused on the consequences for Midwestern farmers or for border states. A year in, the…
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Trump admin puts banks on notice for allowing Iranian money to flow for illicit activities

The Trump administration is sending letters to banks in four areas about handling Iranian money. The letter obtained by FOX Business says the Treasury Department has evidence that banks in…
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Massachusetts town weighs 50% property tax hike as residents push back

A Massachusetts town is asking homeowners to absorb what many are calling a staggering increase, a proposed 50% increase in property taxes that could add thousands of dollars to annual…
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Rolls-Royce unveils ultra-rare Project Nightingale, first model in new Coachbuild Collection

Rolls-Royce Motor Cars CEO Chris Brownridge unveiled Project Nightingale — the first model in the company’s newly launched Coachbuild Collection — during a FOX Business exclusive interview Tuesday, describing it…
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‘We have to be able to walk and chew gum’ on government spending, says budget chairman, addressing debt crisis and national security

The U.S. government has a lot to pay for at the moment: In addition to mandatory spending like Social Security, Medicare, and Medicaid, it has also needs to fund its…
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He was coding at 12 like Elon Musk and became one of Google’s youngest ever CMOs—but now says Gen Z is better off ice skating than learning to code

Learning to code was once a fast-track ticket to success. It’s the self-taught skill that launched the careers of Bill Gates, Mark Zuckerberg, and Elon Musk. Even former President Barack…
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Bitcoin, Ethereum approach two-month highs as markets grow optimistic over U.S.-Iran peace negotiations

Crypto markets are betting that the U.S. and Iran war may be progressing towards peace. Bitcoin rose 5% over the past 24 hours to around $75,000 early Tuesday afternoon, nearing…
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Trump’s Fed pick discloses $131M fortune as nomination faces headwinds

Kevin Warsh would enter the world’s most powerful central bank with a fortune of at least $131 million, according to financial disclosures released Tuesday – an amount that would make…
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Popular convenience store chain to close hundreds of stores

7-Eleven is planning to close hundreds of stores across North America this year as the convenience store giant trims its footprint following recent declines in the region. Parent company Seven…
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Is buying a single index ETF smarter than picking individual stocks?

When introduced to investing, many market participants learn about the benefits of owning individual equities. And market history is littered with examples of “story stocks” that minted fortunes for select…
2026-03-11
