-
Iran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel in Hormuz
The year was 1974 and President Richard Nixon had dispatched his Secretary of State Henry Kissinger to Saudi Arabia to strike a secret deal. Three years earlier, in August 1971,…
-
More American workers are struggling than thriving for first time: poll
American workers are feeling more pressure in their lives, with a greater share reporting that they feel they’re struggling than thriving in a new poll by Gallup. Gallup on Tuesday…
-
ICE agents can make twice the salary of TSA employees—and economists warn their pay is more ‘shutdown proof’ than other government jobs
Immigration and Customs Enforcement (ICE) agents are now doing the jobs of Transportation Security Administration (TSA) workers, but one big difference is that they’re getting paid for it. The partial…
-
AI agents are getting more capable, but reliability is lagging—and that’s a problem
Hello and welcome to Eye on AI. In this edition…AI’s reliability problem…Trump sends an AI legislation blueprint to Congress…OpenAI consolidates products into a super app and hires up…AI agents that…
-
Americans spend $146 billion and 11.6 billion hours doing their taxes, and most of it is just filling out paperwork
Tax Day is April 15, three weeks away. If you’ve procrastinated doing your taxes so far, that’s probably for a good reason: After all, the fear of a potential jail…
-
Exclusive: Nevada legislators press Governor Lombardo on Boring Co. oversight, demanding plan for state’s ‘structural failures’
As Nevada regulators continue to investigate safety episodes that have occurred in the tunnels Boring Company is digging below Las Vegas, two Nevada legislators have written a letter to Nevada…
-
United Airlines warns airfares could jump 20% as oil prices continue to surge
United Airlines is warning that airfares could rise up to 20% if the cost of jet fuel remains elevated for longer due to the spike in oil prices amid the…
-
Soaring fertilizer prices could pressure a U.S. agricultural industry that supports 50 million jobs and over $10 trillion in output
The war in Iran could hit a heavy blow to one of the country’s largest industries, one that supports millions of livelihoods. Now in its fourth week, the conflict has…
-
Epic Games cuts 1,000 jobs as Fortnite ‘magic’ fades in ‘extreme’ market conditions
The Fortnite craze might have reached its crescendo. Epic Games announced layoffs of 1,000 employees Tuesday, citing declining Fortnite engagement. “We’ve had challenges delivering consistent Fortnite magic with every season,”…
-
Gen Z finally had room to breathe. Now Trump’s 26% gas price hike has them suffocating
Bank of America’s spending data tells a rare good-news story about Gen Z — until it doesn’t. After years of being squeezed by surging rents and sluggish wage growth, the…
-
Billionaire OpenAI investor Vinod Khosla thinks 80% of jobs could vanish by 2030, and that ‘fear of AI’ put American politics in a chokehold
In a sit-down interview with Fortune Editor-in-Chief Alyson Shontell, billionaire venture capitalist Vinod Khosla had a dire message: by 2030, 80% of jobs will be AI-capable, and open to potential…
-
Senate closes in on deal to end Homeland Security shutdown—without funding ICE operations
Senators raced Tuesday to clinch an emerging proposal to end the Homeland Security shutdown by funding much of the department, including the unpaid Transportation Security Administration airport workers, but excluding ICE operations that have been…
-
Nobel laureate Paul Krugman calls it ‘treason’: $580 million in suspicious oil futures traded minutes before Trump’s Iran reversal
Roughly $580 million worth of oil futures changed hands in a single minute early Monday morning, only about 15 minutes before President Trump posted on Truth Social that the U.S.…
-
Army to test first-ever pilot optional Black Hawk helicopter amid major tech shift
The U.S. Army has taken a major step toward autonomous aviation after receiving its first Black Hawk helicopter capable of flying with or without a pilot onboard, the War Department…
-
Tether announces it has brought on a Big Four firm to conduct long awaited audit
Tether, the world’s largest stablecoin company, announced on Tuesday that it has signed a Big Four accounting firm to complete its first full audit. The move stands to give the…
-
‘Never seen a shift like this’: DeSantis details Florida’s historic surge driven by ‘unapologetic’ results
For many Americans, moving to Florida isn’t just about the weather — it’s about escaping a “spendthrift” government that fritters away taxpayer dollars. Gov. Ron DeSantis told Fox News’ Sean…
-
Delta suspends VIP services for Congress members amid DHS shutdown, TSA delays
Members of Congress are losing a perk of flying Delta Air Lines because of the Department of Homeland Security shutdown. FOX Business confirmed Tuesday morning that Atlanta-based Delta has suspended…
-
Arkansas’ Darius Acuff Jr makes history with first-ever signature shoe deal for an NCAA men’s player
Arkansas star Darius Acuff Jr. is setting records on and off the court. Acuff, 19, fresh off a historic performance for the Razorbacks in the first two rounds of the…
-
BlackRock CEO says Trump Accounts could be a ‘very significant step’ for young Americans
BlackRock CEO Larry Fink said in his annual chairman’s letter that Trump Accounts could provide a “very significant” boost in jump-starting savings and investment by younger Americans. Fink noted that Americans…
-
Perplexity CEO says AI layoffs aren’t so bad because people hate their jobs anyways: ‘That sort of glorious future is what we should look forward to’
Tech executives have offered foreboding visions of the future of work due to AI, with ServiceNow CEO Bill McDermott predicting unemployment will exceed 30% in a matter of years. But…
-
Billionaire Larry Fink says you’re wrong to think that AI stealing your job is the big problem—it’s really about what it’s doing for his class
A specter is haunting the world of white-collar work: the specter of white-collar job loss. But one of Wall Street’s “Masters of the Universe,” asset management billionaire Larry Fink sees…
-
CFOs admit privately that AI layoffs will be 9x higher this year—and still a fraction of ‘doomsday’ predictions
The most powerful voices in artificial intelligence (AI) really want you to worry about your job—if you’re a white-collar worker. Microsoft AI chief Mustafa Suleyman predicts AI will cause office…
-
Trump’s trillion-dollar TACO that wasn’t: Iran confronts the master of the deal with a partner he can’t bully
On Monday morning, it looked like President Donald Trump, the self-proclaimed “Master of the Deal,” had done it again. After roiling oil markets over the weekend with an ultimatum on…
-
United doubles down on premium travel, new airplanes
United Airlines is accelerating its sweeping push into premium travel as surging fuel costs driven by the conflict with Iran drive oil prices higher and put downward pressure on profits.…
-
As war continues to rage, the World Economic Forum is the latest to postpone Gulf conference in Saudi
When the bombs started raining down on Iran on February 28, many business leaders hoped the conflict would be short and the economic effects would be transient. Neither has turned out to be the…
-
Trump Wanted A ‘Golden Age,’ The Iran War Is Delivering A Stagflation Trap
President Donald Trump promised a Golden Age of low inflation and hot economic growth, but the first business survey since the Iran war broke out suggests he’s getting the opposite.…
-
From 12 hours of video games a day to Big Ten Player of the year: The unlikely rise of Yaxel Lendeborg
Back in high school, Yaxel Lendeborg wasn’t even on the basketball team (and had even been cut from the middle-school team) and played video games 12-14 hours each day. Now,…
-
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’
From Gen Z to baby boomers, workers across industries are on the hunt for ways to future-proof their careers as artificial intelligence threatens to upend the labor market. Palantir CEO…
-
JPMorgan has started monitoring the keystrokes, video calls, and meetings of its junior investment bankers—and they say it’s for employee well-being
Workplaces have long surveilled their employees, from tracking badge swipes to keyboard strokes. Now, JPMorgan Chase is rolling out a program to monitor the hours of its junior investment bankers—and…
-
Philippine president declares state of emergency due to “imminent danger of a critically low energy supply”
Philippine President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency to respond to the impact of the Middle East war, which his administration said posed “an…
-
Republican states rush to ban abortion pills as surveys suggest they’re spiking in pro-life states
As states that already ban abortion look to further restrict access this year, much of the focus is on pills sent by out-of-state providers. A survey released Tuesday helps explain…
-
Kalshi and Polymarket rush to update their policies after realizing that Congress could destroy them
Kalshi and Polymarket, the two biggest prediction market platforms, rushed to institute new industry guardrails and add new surveillance tools on Monday after two key senators announced legislation that could…
-
Anduril’s ‘hunter-killer’ drone strategy targets low-cost Iranian threats without high price tags
Swarms of low-cost Iranian drones are rewriting the rules of war, but one U.S. defense contractor says it can mass-produce autonomous military systems to match them at a fraction of…
-
Ford recalls more than 254,000 SUVs due to software issues
Ford Motor is recalling 254,640 SUVs in the U.S. due to a software defect that can disable rearview cameras and key driver-assistance safety features, according to the National Highway Traffic…
-
Oil giants warn Iran war is inflicting damage ‘not only’ on energy prices, but the entire global economy
Energy titans at the CERAWeek conference in Houston are sounding the alarm, warning that the U.S.-Israel conflict with Iran is causing long-term damage to the global economy. Despite the White…
-
As planes crash at airports and war rages in Iran, Trump visits Graceland
President Donald Trump took a surprise tour of Elvis Presley’s Graceland on Monday while in Memphis, a diversion from the war in Iran and efforts to address long lines at…
-
‘I messed up’: overworked air traffic controller’s admission about deadly La Guardia crash
Moments after an Air Canada jet collided at high speed with a fire truck at New York’s LaGuardia Airport, killing the pilots and hurling a flight attendant from the aircraft, the passengers…
-
Gen Jack Keane ‘highly skeptical’ diplomacy with Iran can achieve military goals
U.S. efforts to resolve tensions with Iran through diplomacy face deep skepticism from military leadership, even as negotiations unfold behind the scenes. Retired Gen. Jack Keane, a Fox News strategic…
-
4 years after the ‘Great Resignation,’ workers do a 180 on whether it’s a ‘good time’ to find a job
Americans’ outlook on the job market has turned increasingly pessimistic, a surprisingly negative shift given the low unemployment rate but one that likely reflects an ongoing hiring drought. Just 28% of workers in…
-
Trump hates voting by mail—except when he does it in Florida
President Donald Trump has cast another mail ballot in Florida as he continues to publicly bash the voting method as a source of fraud and push Congress to curtail the…
-
Current price of oil as of March 24, 2026
As of 8:15 a.m. Eastern Time today, oil is trading at $102.47 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $1.03 above yesterday morning’s level…
-
Musk says Tesla, SpaceX to build advanced chip manufacturing facility
Billionaire Elon Musk said that Tesla and SpaceX will build an advanced chip facility in Austin, Texas, to help power the two companies’ emerging technologies amid a shortage of chips.…
-
One prediction isn’t enough — Why CEOs are shifting to wartime planning
Good morning. The single-point forecast is no longer fit for purpose. Scenario planning has become boardroom shorthand for preparation to deal with the unknowable, my colleague Geoff Colvin writes in…
-
Wall Street is ‘bewitched’ by positive news on Iran, says UBS, and investors want to believe the war is over without verifiable information
If yesterday’s five-minute relief rally taught analysts one thing, it’s that traders are keen to jump on the optimistic bandwagon when it comes to Iran. After weeks of volatile trade,…
-
Texas oil refinery explosion sends smoke into air, residents advised to shelter in place
Residents of a Texas city were urged to shelter in place following an explosion and fire at a Valero oil refinery that sent massive plumes of smoke billowing into the…
-
Invesco takes over Superstate’s $900 million T-bill fund as Wall Street accelerates tokenization push
The giant asset manager Invesco revealed on Tuesday that it will run a crypto investment vehicle known as the Superstate Short Duration US Government Securities Fund (USTB), which holds over…
-
What avalanche safety training can teach corporate boards about bad decisions
When everyone agrees, that might be the biggest warning sign of all. Unanimous decisions often reveal as much about group dynamics as genuine agreement. There is an unlikely field that…
-
Trump searches for an exit strategy in Iran as $100 oil looms over the midterms
Good morning. On Fortune’s radar today: Stock traders rejoiced at the news that President Trump may be searching for a way out of Iran. Oil is still above $100 a…
-
Exclusive: Cambridge Mobile Telematics secures $350 million from TPG, Allianz to make driving safer
Cambridge Mobile Telematics has quietly become one of the most important companies you’ve never heard of in the race to make driving safer—and now some of the world’s biggest insurers…
-
How CEOs are grappling with the greatest energy shock ever
In today’s CEO Daily: Diane Brady reports on energy CEOs’ reactions to the war in Iran. The big story: The knock-on effect of Mark Zuckerberg’s AI sidekick. The markets: Mixed…
2026-03-11