Fortune

McKinsey research shows AI creating more jobs than automation displaces — but 11 million American workers will need help this decade - Fortune

While debates about AIs impact on the workforce dominate headlines, the biggest challenge ahead will be helping workers find the most direct pathway into growing jobs.Our new research finds that the …

Ship captains and crews crossing Hormuz earn so much they're 'almost being viewed as mercenaries' - Fortune

The high-risk, high-reward business of moving oil through the Strait of Hormuz has gotten riskier and more rewarding.Despite steady attacks from Iran, oil tankers and other commercial vessels have co…

How much you need to retire in every state after Social Security - Fortune

$1.2 million. Thats how much Americans in workplace retirement plans say theyll need to retire comfortably, according to Schroders 2026 U.S. Retirement Survey.If that number makes you check your 401(…

America’s budget, the bond market and the national debt at 250: Gradually, then suddenly - Fortune

Last week the bond market sent Washington a message. The 10-year Treasury yield hit 5.04%, its highest since 2007 and the Fed raised rates for the first time since 2023. Oil prices and inflation lit …

MacKenzie Scott's novel is being called 'baffling'—critics are asking what message she's trying to send - Fortune

MacKenzie Scott isnt like many billionaire philanthropists. Shes given away more than $26 billion while saying almost nothing in public. So when Amazon founder Jeff Bezoss ex-wife finished publishing…

AI will create more jobs than it kills, McKinsey says. The catch: 11 million Americans may need new careers - Fortune

AI and automation will cut demand for about 36 million U.S. jobs by 2035 while growth elsewhere creates about 41 million, according to a new report from the McKinsey Global Institute.The jobs will ex…

Mark Ruffalo: Paramount's Warner Bros. deal ‘Will stifle creativity, weaken free speech' - Fortune

Mark Ruffalo isnt giving up his fight against Paramount Skydances takeover of Warner Bros. Discovery, even with the deal days from closing.On Sept. 30, U.S. District Judge Araceli Martínez-Olguín app…

'They’ll be hit very hard': Trump sends 9,000 troops to the Middle East after warning Iran strikes - Fortune

The U.S. military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a U.S. official said Thursday. The bolstering of the American military presence comes as President Do…

Robinhood just rolled out trading agents to millions—and investing may never be the same - Fortune

Starting this week, all of Robinhoods roughly 29 million customers will have access to trading agents powered by OpenAI and Anthropic. Customers will be able to choose between various OpenAI and Anth…

My first law firm billed clients $600 per hour for me to use my Harvard degree on data entry. Thank God AI is changing the industry - Fortune

When I was 12 years old, I walked into the district attorneys office of my Kansas hometown and asked for a job. I was inspired by onscreen lawyers depicted as hardworking professionals fighting for t…

What is recursive self-improvement? 'Worst idea in the history of humanity,' physics professor says - Fortune

Once a distant ambition for technology researchers, the prospect of artificial intelligence models teaching themselves autonomously to be more efficient and capable appears ever closer to reality.As …

Global selloff in stocks as bond market enters ‘new era’ of risk - Fortune

Did someone forward this email to you? If you would like to receive this information directly, every morning before the markets open in New York,sign up here.ONE BIG THING The price of war: $33 bill…

A flawed system and one man’s hubris cost Meta shareholders $17 billion - fortune.com

Meta has agreed to pay up to $17.1 billion to settle claims by 47 states and thousands of families making the case that Facebook and Instagram were engineered to addict children. While the settleme…

'If the Bloomberg Terminal bros are unhappy with what I'm doing, that's too bad': Bessent's sharp rebuke for policy critics - Fortune

Scott Bessent has had to get used to disapproval from his former Wall Street peers during his time in D.C.but the Treasury Secretary offered some pointed feedback in an interview at the Republican Pa…

OpenAI’s rogue AI agents used universities, wikis, and text‑sharing sites as hidden message boards - Fortune

Independent researchers have identified multiple new websites where AI agents seemingly built by OpenAI took unauthorized actions, such as accessing websites, posting messages, and sharing data to co…

AGI is here, Nvidia CEO Jensen Huang has declared. Here’s why the market doesn’t care - Fortune

AGI, the technology once imagined to both destroy and enrich human civilization, has arrived, Nvidia chief Jensen Huang declared over the weekend.OpenAIs newest model, Astra (stars in Latin), has ach…

China's export shock is pushing the global economy to a breaking point, former trade official says - Fortune

While President Donald Trumps tariffs have caused much heartburn on Wall Street, Chinas cheap and overwhelming exports have also been rippling through the global economy.But the Chinese growth model …

Like Jamie Dimon, AT&T CEO says if you attend a meeting, you need to show up prepared - Fortune

Surrounding yourself with a bunch of yes-men is not a recipe for successat least according to AT&T CEO John Stankey. Instead, he wants employees to come to meetings prepared to share their ideas …

These industries will lead hiring in the next decade, with just one sector accounting for more than a third of all new jobs - fortune.com

The U.S. labor market is bracing for a decade of slower overall growth, but a handful of industries and occupations are set to expand at a breakneck pace, according to the Bureau of Labor Statistics.…

Harvard fund discloses $2.2 billion stake in Musk’s SpaceX - Fortune

Harvard Management Co. disclosed a $2.2 billion stake in SpaceX, showing how the universitys endowment has profited from an early bet on Elon Musks giant rocket company.Harvard reported it holds the …

Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares - Fortune

Nvidia Corp. on Friday disclosed a nearly $21 billion stake in Elon Musks SpaceX and a $30 billion one in Intel Corp. The AI chipmaking giant had about 122.8 million shares in SpaceX as of June 30, a…

People are going to extreme lengths to stop themselves from being filmed through Meta’s ‘pervert glasses’ - Fortune

Theres an ongoing arms race to protect identities and privacy in the age of facial recognition, biometric scanning and data collection. Now, some of those concerns are coming from the influx of weara…

Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images - Fortune

Google spent years trying to weave generative AI into its product line up, from Gemini in our Google Docs to AI overview in our search engines, and now Nano Banana 2 in Google Earth. But it turns out…

As AI creates a skills mismatch, Gen Z must choose: be a specialist or a 'general-purpose nerd' - Fortune

Depending on your point of view, young people today trying to choose an employment path either have immense opportunity or a bleak future.Entry-level corporate jobs are drying up, whether thats due t…

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady - Fortune

President Donald Trumps immigration crackdown and the surge in baby boomer retirements could soon redefine what it means to have a healthy labor market.Americans have long been conditioned to expect …

Nvidia's CEO says ‘a lot’ of six-figure jobs in plumbing and construction are about to be unlocked - Fortune

The job market has been a tough sell for many Gen Z graduates, with tariffs, economic uncertainty, and artificial intelligence reshaping hiring plans across corporate America. But according to Nvidia…

Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at cloud business - Fortune

The AI trade is coming to a realization: Americas best businesses are turning into utilities.Such is the fate that befalls Meta, whose shares fell as much as 10% in after-hours trading Wednesday afte…

More than 1,200 AI workers are asking for Washington’s help to build an AI slowdown plan - Fortune

More than 1,200 employees at the worlds leading AI labs, including senior executives, have signed a statement asking the U.S. government to help build the tools needed to slow down AI development if …

Trump broke his promise to lower — and eliminate — the national debt. A top investor thinks he’s the ‘worst-spending president in history’

The U.S. national debt reached its highest ever level of $39.5 trillion in June, a 37% increase from its pre-pandemic levels, and one top VC is putting the blame squarely on President Donald Trump.In…

LeBron James took a pay cut to maybe live in New York and be a supercommuter to Philly by chopper - Fortune

LeBron James is the NBAs first and only active player to reach billionaire status. The Chosen One has four championship rings, reached the finals 10 times, and brings with him a history of giving bac…

A deal is being negotiated that centers around having Iran run vessel transit through the Strait of Hormuz with fewer restrictions on ships

The U.S. military has paused its airstrikes on Iranafter nearly two weeks of intensifying bombing, while diplomatic effortshave pushed forward to try to avert a return to all-out war.But it remains t…

Did OpenAI's models just breach its own risk 'red line'? Outside safety experts think so - Fortune

Experts says the this month's Hugging Face hack likely triggered a risk threshold that OpenAI's own policies say require it to halt model development.