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Breaking News

  • The ‘affordability economy’ has created a housing market nobody predicted: Prices collapsing in the Sunbelt, soaring in the Rust Belt

    April 13, 2026

    U.S. housing is experiencing a historic “reversion to the mean.” In other words, the formerly sizzling metros have gone cold, and the unsexy plodders are back in vogue. That point…

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  • Palantir CEO says AI ‘will destroy’ humanities jobs, but there will be ‘more than enough jobs’ for people with vocational training

    April 13, 2026

    Some economists and experts say critical thinking and creativity will be more important than ever in the age of artificial intelligence, when an LLM can do much of the heavy…

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  • Anthropic caused panic that Mythos will expose cybersecurity weak spots, but one industry veteran says the real problem is fixing, not finding, them

    April 13, 2026

    Anthropic caused an industrywide panic last week when it announced Claude Mythos Preview, an AI model with a knack for uncovering high-level cybersecurity vulnerabilities. Among its achievements, the model found…

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  • After growing up on a dairy farm, this Peter Thiel–backed founder is using AI to save cattle ranching

    April 13, 2026

    Growing up on a dairy farm in the rolling green hills of New Zealand’s Waikato region in the upper northwest of the country, Craig Piggott’s days began before dawn. But…

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  • The futility of Trump’s grandiose personal branding of public assets, from ballrooms and bills to ships and planes

    April 13, 2026

    In a relentless, unprecedented branding exercise, the sheer volume of entities now bearing the name of President Donald Trump strains credulity. We now live in a world of Trump RX…

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  • How to file a tax extension before the April 15 deadline

    April 13, 2026

    The deadline to file 2025 tax returns is looming on Wednesday, April 15, and while tens of millions of taxpayers have filed their returns, there will likely be millions filing…

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  • Trump threatens to blow up Iran’s last ships ‘using the same system of kill’ for drug boats as his ‘Hail Mary’ blockade begins

    April 13, 2026

    President Donald Trump posted a warning for Iran on Truth Social Monday morning, only 23 minutes after the U.S. blockade of Iran’s coastline went into effect.  “Iran’s Navy is laying…

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  • The most valuable worker in the AI economy is Nurse Dana from ‘The Pitt’

    April 13, 2026

    If you want to understand where the American economy is going, don’t watch the stock ticker. Watch The Pitt. The Max medical drama that became one of the most-talked-about shows…

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  • ‘I’m not going to force you’: Duolingo CEO backs off from evaluating employees on their AI usage 

    April 13, 2026

    Using artificial intelligence is becoming a prerequisite for many jobs, but some companies are rethinking its value when it comes to assessing employees’ performance.  Nearly a year after announcing Duolingo…

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  • IRS CEO addresses staffing concerns, says refunds are ‘faster’ and ‘larger’ than ever

    April 13, 2026

    IRS CEO Frank Bisignano pushed back Monday on reports that the agency is short-staffed, telling FOX Business there is “no staffing shortage” and pointing to strong tax season performance as…

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  • Investors are writing off any move from the Fed this month. Collapsing talks in Iran have sealed the deal

    April 13, 2026

    With President Trump’s focus squarely on Iran at present, Jerome Powell and the U.S. Federal Reserve are getting some respite from the Oval Office’s attention. It’s a couple of weeks…

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  • The FAA is recruiting gamers to fix America’s air traffic controller crisis—and offering $155,000 to do it

    April 13, 2026

    On Roblox, an online gaming platform beloved by Gen Z and Gen Alpha, the site’s 151.5 million daily active users can manage and direct pixelated air traffic through an air…

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  • Zohran Mamdani’s promise at 100 days: ‘At our stores, eggs will be cheaper. Bread will be cheaper’

    April 13, 2026

    New York City Mayor Zohran Mamdani rallied Sunday to celebrate 100 days in office, touting his early accomplishments and charting future goals as he pledged to lead with a relentless focus…

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  • Rory McIlroy’s mom worked night shifts at a factory so her son could play golf. Now he’s worth $200M and is a two-time Masters champion

    April 13, 2026

    Rory McIlroy solidified himself as the biggest name in golf this weekend when he won the Masters for a second year in a row and is worth an estimated $200…

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  • ‘It tastes like a Twinkie’: Major tech podcaster Kara Swisher says AI is overhyped for one simple reason—humans don’t like it

    April 13, 2026

    Artificial intelligence has quickly become the defining technology of the moment—promising breakthroughs from curing diseases to making space travel more routine, while also raising fears of widespread job disruption. But…

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  • U.S. naval blockade on Iran will trigger a currency devaluation spiral and hyperinflation, potentially ending the war more quickly, analyst says

    April 13, 2026

    The U.S. blockade on ships entering or departing from Iranian ports went into effect on Monday, as President Donald Trump seeks to pressure Iran by cutting off its oil revenue.…

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  • YouTube Premium raising prices for first time since 2023

    April 13, 2026

    YouTube Premium subscribers should expect to see higher monthly prices, marking the first increase since 2023. The streaming platform said the price changes will help it “maintain features our members…

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  • Federal judge dismisses Trump’s $10 billion lawsuit against Rupert Murdoch and the Wall Street Journal for reporting on his Epstein ties

    April 13, 2026

    A federal judge dismissed President Donald Trump’s $10 billion defamation lawsuit against the Wall Street Journal and Rupert Murdoch on Monday over a story on his ties to Jeffrey Epstein. U.S. District Judge Darrin…

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  • Irish PM offers $592 million fuel tax cut to reopen refinery as farmers and truckers wage cost-of-living protest

    April 13, 2026

    Irish Prime Minister Micheál Martin said Sunday that his government will offer new fuel tax cuts to try to end crippling protests over soaring gas costs, though he slammed the tactics…

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  • ‘Super Mario Galaxy Movie’ brings in $629 million globally over 2 weekends

    April 13, 2026

    “The Super Mario Galaxy Movie” enjoyed otherworldly success at the box office in its second weekend in theaters. The Universal and Illumination sequel added $69 million from 4,284 theaters in the U.S. and…

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  • Eric Swalwell suspends campaign for California governor, rocking wide-open contest

    April 13, 2026

    Democratic Rep. Eric Swalwell’s abrupt exit from the race for California governor left his rivals scrambling to lock down his former supporters in a crowded contest with no clear leader,…

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  • Spinach is the most pesticide-laden produce in America, EWG’s Dirty Dozen shows. But farmers say the list ‘villainizes’ fruits and vegetables

    April 13, 2026

    It may be Popeye’s source of supernatural strength, but spinach apparently can’t fight off bugs as effectively as the sailor fights off his adversaries. For the second consecutive year, spinach topped the Dirty…

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  • Under attack from Trump, Pope says the president doesn’t understand ‘the message of the Gospel’

    April 13, 2026

    U.S.-born Pope Leo XIV pushed back Monday on President Donald Trump’s broadside against him over the U.S.-Israel war in Iran, telling reporters that the Vatican’s appeals for peace and reconciliation are rooted…

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  • ‘NO PORT in the region will be safe’: Iran responds to Trump blockade with Gulf-wide threat

    April 13, 2026

     The U.S. military was poised to begin a blockade of all Iranian ports and coastal areas on Monday, as President Donald Trump sought to ratchet up pressure on Iran in a move…

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  • Current price of oil as of April 13, 2026

    April 13, 2026

    As of 9 a.m. Eastern Time today, oil sold for $103.72 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 3 cents higher than morning and…

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  • Bitcoin mining giant Foundry adds new pool for privacy-focused Zcash

    April 13, 2026

    Foundry, an upstate New York-based firm that launched in 2019, runs a mining pool that today commands around 31% of all Bitcoin production. On Monday, the company formally launched a…

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  • New Trump Accounts pitched as tax-season gateway to building wealth

    April 13, 2026

    With an eye on the next generation, a new Trump Accounts proposal aims to turn tax season into more than a yearly chore – recasting it as a first step…

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  • This is the hidden reason your AI investments are failing, according to Brené Brown

    April 13, 2026

    Good morning! Most C-suite leaders today are obsessed with preparing employees for the AI era by teaching new technical skills. Brené Brown thinks they’re fighting only half the battle. The…

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  • When AI sells to AI, brands win on data and identity 

    April 13, 2026

    Personal AI use is collapsing the customer decision-making process into a single conversation, and most brands aren’t ready for it. The window of influence that once spanned dozens of touchpoints…

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  • Tens of billions in days: CoreWeave shows how aggressively AI infrastructure is being funded

    April 13, 2026

    Good morning. For finance leaders trying to understand how the AI infrastructure race is being funded, CoreWeave just offered a revealing case study. In the span of a few days,…

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  • China went from uninvestable to unavoidable—and Hong Kong is cashing in with a slew of AI-centric IPOs

    April 13, 2026

    Nicholas Gordon, Fortune’s Asia editor, filling in for Allie Garfinkle. Hong Kong is back. IPOs in the Chinese city raised almost $14 billion in the first quarter of the year,…

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  • What the latest search for Satoshi means for the crypto industry

    April 13, 2026

    My heart sank last week when I woke up to discover that The New York Times had “identified” Satoshi Nakamoto. I was less worried about the impact on the market…

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  • Why an exec at biopharma giant Gilead Sciences prefers energy management over time management

    April 13, 2026

    For Johanna Mercier, Gilead Sciences’ chief commercial and corporate affairs officer, leadership starts with a clear accounting of what sustains performance across a global role. In a job that rarely…

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  • Meta vows appeal of ‘landmark’ social media verdicts, warns of free speech erosion

    April 13, 2026

    Meta is pushing back against a pair of verdicts that awarded plaintiffs hundreds of millions. The company has vowed to appeal the New Mexico and California rulings, and has already…

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  • WeWork’s latest comeback bet fits inside a phone booth

    April 13, 2026

    In today’s CEO Daily: Diane Brady reports on a new product from a slimmed-down WeWork. The big leadership story: An AI push didn’t spare Intuit from the SaaSpocalypse. The markets:…

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  • As the U.S. Navy attempts to take control of the Strait of Hormuz today, Trump asks the Pope to shut up

    April 13, 2026

    Good morning. On Fortune’s radar today: Markets: Mostly down—but Wall Street still thinks the Fed will deliver cuts. EXCLUSIVE: Citgo CEO imprisoned by Maduro still has hopes for the oil…

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  • Barron Trump’s beverage brand unveils first flavors ahead of launch

    April 12, 2026

    First son Barron Trump’s new beverage venture has announced its first two flavors ahead of its planned launch, now set for May.  SOLLOS Yerba Mate, headquartered near Mar-a-Lago, revealed the…

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  • Stock futures sink while oil spikes as the U.S. Navy looks to squeeze Iran’s economy and break its grip on the Strait of Hormuz

    April 12, 2026

    After a week when ceasefire hopes lifted sentiment and stock prices on Wall Street, the U.S. war on Iran could soon flare up again. Talks between the two countries ended…

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  • U.K. won’t take part in Trump’s planned blockade of Hormuz strait

    April 12, 2026

    The UK will not take part in the proposed US blockade of the Strait of Hormuz, setting up yet another point of contention between President Donald Trump and Prime Minister…

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  • A major U.S. gasoline production hub is in such a severe drought that its refineries may be hobbled. ‘We are actively praying for a hurricane’

    April 12, 2026

    In parched southern Texas, a yearslong drought has depleted Corpus Christi’s water reserves so gravely that the city is scrambling to prevent a shortage that could force painful cutbacks for…

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  • Blazing hot IPOs, an AI agent craze, and a new word for ‘token’: Here’s what’s happening in the world of Chinese AI

    April 12, 2026

    China now has a word for token: ciyuan.  Liu Liehong, the administrator of China’s National Data Administration, the country’s main data regulator, unveiled the term at a State Council press…

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  • Hungarian voters oust Viktor Orbán, a close ally of Trump and Putin, despite late campaign push from JD Vance

    April 12, 2026

    Hungarian voters on Sunday ousted long-serving Prime Minister Viktor Orbán after 16 years in power, rejecting the authoritarian policies and global far-right movement that he embodied in favor of a pro-European challenger in…

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  • Iran’s crumbling economy is the regime’s greatest weakness with prices up 40% since the war began while authorities worry about making payroll

    April 12, 2026

    The Iranian economy was already in shambles before the U.S. and Israel launched their war on the Islamic republic, and the relentless bombing since then has pushed the regime to…

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  • Here’s how a U.S. naval blockade of the Strait of Hormuz could work. ‘This is a big task, and it’s a big gamble’

    April 12, 2026

    President Donald Trump announced Sunday that the U.S. Navy would immediately impose a blockade on the Strait of Hormuz after ceasefire talks with Iran failed to produce a deal. That would…

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  • Masters prize money has never been higher, here’s what each golfer gets

    April 12, 2026

    The iconic green jacket still defines the Masters — but the prize money has never been greater. This year’s winner will take home a record $4.5 million, a payday that…

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  • StubHub reaches settlement to refund $10 million to customers over ‘deceptive’ pricing

    April 12, 2026

    StubHub will refund $10 million to consumers and revamp how it displays ticket prices after the Federal Trade Commission accused the company of deceptively advertising live-event tickets without fully disclosing…

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  • Intuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty

    April 12, 2026

    Does being an early adopter to AI protect a company in an AI-induced market panic? Apparently not, based on the experience of Intuit, best known for TurboTax and QuickBooks—and the…

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  • Artemis III will practice docking Orion with lunar landers in Earth orbit next year while Musk’s Starship and Bezos’ Blue Moon compete for Artemis IV

    April 12, 2026

    Never-before-glimpsed views of the moon’s far side. Check. Total solar eclipse gracing the lunar scene. Check. New distance record for humanity. Check. With NASA’s lunar comeback a galactic-sized smash thanks to Artemis…

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  • Oil producers org shreds California Dem for blaming Iran war for his district’s gas prices

    April 12, 2026

    The U.S. Oil & Gas Association (USOGA) fired back at Rep. Ro Khanna, D-Calif., on Saturday night, rebuking narratives from Democrats in the deep blue state about gas prices, which…

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  • Trump says U.S. Navy to impose Hormuz blockade after Iran ceasefire talks end with no deal. ‘No one who pays an illegal toll will have safe passage’

    April 12, 2026

    President Donald Trump on Sunday said the U.S. Navy would “immediately” begin a blockade to stop ships from entering or leaving the Strait of Hormuz, after historic U.S.-Iran ceasefire talks in Pakistan ended without…

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