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Fortune
Fortune
November 6, 2026
The Iran war has cost U.S. households nearly $2,000 each. New strikes could keep the bill climbing
Pentagon data puts U.S. war costs above $47 billion, and Moody’s estimates households have paid nearly $2,000 each. Oil’s post-election drop...
Fortune
November 5, 2026
Asia can’t afford a ‘cloudless’ day. That means paying attention to undersea cables
More than 99% of all international data is carried not by satellites but by a physical backbone of subsea cables.
Fortune
November 5, 2026
Tech stocks are suffering their biggest selloff since Covid, as investors see premature end to AI datacenter boom
Two days after voters overwhelmingly rejected data centers, the companies that make the chips, networking gear, and other tech for the facil...
Fortune
November 5, 2026
Wall Street’s best post-midterm rally in 44 years lasted just one day—then $3 trillion vanished as chip stocks plunged over AI fears
Chip and AI stocks led a delayed selloff on fears new Democratic governors will pause data centers. Analysts split on how long.
Fortune
November 5, 2026
Canva’s AI reckoning is forcing Melanie Perkins to rethink the company from the ground up
Canva's layoffs of 22% of its workforce came with a public overhaul of how the tech company operates.
Fortune
November 5, 2026
Apple and Home Depot join list of objectors to tokenized stock plan pushed by NYSE owner
Boeing also joined the list of dozens of companies refusing to participate in the venture cochaired by former New York Gov. Andrew Cuomo.
Fortune
November 5, 2026
OpenAI’s Dots are coming up against the price of privacy, and the price of compute
OpenAI took its Dev Day roadshow to London this week, attempting to sell the city’s developers on Dots, the company’s new, always-on AI assi...
Fortune
November 5, 2026
A cruise ship sold as a forever home left 203 residents in Cambodia as Iran war fuel costs hit up to $8,000 a cabin
Fuel for each cabin rose from $1,800 to as much as $8,000 a month, and founder Mikael Petterson says the Iran war broke the business.
Fortune
November 5, 2026
OpenAI debuts new cybersecurity-focused AI model amid growing alarm about AI-driven cyber attacks
OpenAI's GPT-6 Cyber will initially be available to a small number of approved customers due to concerns that, in the wrong hands, it could...
Fortune
November 5, 2026
Elon Musk spent at least $225 million in Texas. The governor-elect who sued for Abbott emails and vowed a data center freeze won anyway
Hinojosa has questioned a $1.66 billion tax break for Musk’s $16.8 billion Terafab chip plant, and Democrats now control the Texas House.
Fortune
November 5, 2026
Republicans made Hasan Piker their midterm villain. Now he’s suing Scott Jennings for $72.5 million
The Twitch streamer is seeking $72.5 million from CNN’s Scott Jennings over a spliced clip. His lawyer says Ted Cruz and others should “buck...
Fortune
November 5, 2026
Abdul El-Sayed’s commencement speech in 2007 was so good it led Bill Clinton to tell him to go into politics at just 22 years old
Abdul El-Sayed’s University of Michigan speech impressed Bill Clinton so much that he encouraged the future senator-elect to go into politic...
Fortune
November 5, 2026
As Big Tech bets on nuclear power, startup Uranium Digital raises $16.5 million to modernize uranium trading
Blockchain Capital led the Series A for the startup, which uses blockchain to track ownership of physical uranium.
Fortune
November 5, 2026
A cyber-storm watch went out last month, and almost nobody reported it
The breach always makes news. The patch never does.
Fortune
November 5, 2026
How the affordability crisis broke the American Dream — the change in the last several generations is real
Americans are frustrated too, and those same affordability concerns are the top issue in this year’s midterm election.
Fortune
November 5, 2026
IBM CEO: rationing AI is a slow way to lose
Running AI now costs more than training it.
Fortune
November 5, 2026
Pfizer promotes its first female CFO as women’s share of top finance jobs slips
Cecile Guegan’s promotion comes as women’s share of global CFO appointments fell to 20% in the first three quarters of 2026.
Fortune
November 5, 2026
Aspen Institute director: Wealth is not a luxury, but three in four U.S. households don’t have enough
A 30-something needs about $120,000 in net worth
Fortune
November 5, 2026
Americans hate data centers. Tech needs them
Though the midterms have been dubbed “the AI election” and a resounding repudiation of tech, it’s hard to tell what all this practically mea...
Fortune
November 5, 2026
AI agents went shopping for TVs and laptops—and messed up nearly 50% of the time, study shows
In a first of its kind experiment, Gemini and Muse agents scored the highest when it come to carrying out tasks like buying a TV.
Fortune
November 5, 2026
Congress’s first task post-midterms is to figure out how to keep funding America—and that’s before it addresses the $40 trillion national debt
"Washington should heed the demand of voters to focus on issues impacting their pocketbook while also living up to the responsibility entrus...
Fortune
November 5, 2026
These U.S. midterm election results will force Big Tech to the negotiating table
In today's edition: Airbnb, Apple, OpenAI, Oracle, Qualcomm, SpaceX, Uber, and more Fortune Brainstorm AI speakers.
Fortune
November 5, 2026
Elon Musk may have bought control of the post-Trump Republican Party … but it cost him $30 billion of his net worth
Everything you need to know before you reach the office this morning.
Fortune
November 5, 2026
Petrovietnam ran out of Middle East crude during the Iran war—now it’s betting on LNG, wind, and nuclear
CEO Le Manh Cuong says Petrovietnam went without Middle East crude during the Iran war and is now diversifying into LNG, wind, and nuclear.
Fortune
November 5, 2026
What CEOs should actually take away from the Democrats’ midterm sweep
Also: All the news and watercooler chat from Fortune.
Fortune
November 5, 2026
Meet the AI company retiring your CPA so he can still see you face to face this tax season
Numica has bought seven small accounting firms from owners ready to retire. Software does the books, and the old CPA can stay on to see clie...
Fortune
November 5, 2026
Ken Griffin and Jeff Bezos helped make Miami a billionaire magnet—but Florida’s new $250,000 homestead exemption barely makes a dent for them
A middle-class homeowner and the owner of a $50 million mansion could save about the same $2,000 a year under Florida’s new property tax cut...
Fortune
November 5, 2026
How the Democratic party flipped the House and Senate, in 12 charts
During the 2026 midterm election, Republicans lost control of both the House and Senate.
Fortune
November 5, 2026
Prime Infra’s CEO says the Paris 1.5-degree goal is ‘feasible’ for Southeast Asia—if governments are willing to pay for it
Under the Paris Agreement, countries committed to holding the rise in global average temperature to well below 2°C above preindustrial level...
Fortune
November 5, 2026
Companies need to fortify supply chains for “a flock of black swan” events, says Toll Group executive chairman Thomas Knudsen
Supply chain shocks have piled up since 2020, including the COVID pandemic, Russia’s 2022 invasion of Ukraine and Trump’s 2025 tariffs.
Fortune
November 5, 2026
How Abdul El-Sayed would build Medicare for All, from a wealth tax to a Fed-style governing board
The Michigan Democrat co-wrote a 2021 guide to single-payer that would fold Medicare, Medicaid, and ACA subsidies into one fund, with new ta...
Fortune
November 4, 2026
Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over notices
The decision reverses a Staten Island judgment that ordered the city to redo its notices. Other legal challenges continue.
Fortune
November 4, 2026
‘Seismic’ blue wave triggers the sinking of oil prices, energy stocks, and the chances of power permitting reform
The overwhelming nature of the Democratic win is making everyone rethink energy strategies from Iran to Texas data centers.
Fortune
November 4, 2026
After the midterms, Big Tech’s data center problem is only getting bigger
On Tuesday, U.S. voters delivered an overwhelming victory for Democratic candidates throughout the country that will upend the halls of powe...
Fortune
November 4, 2026
‘He basically gets to steer a political party’: Elon Musk is $474 million poorer post-election, but it may not have deterred his influence on 2028
“It’s not just about who wins,” one political spending expert said. “It's about setting the agenda and what types of issues we talk about.”
Fortune
November 4, 2026
Democrat wins will slow data center construction and force tech to the negotiating table after even Republican stronghold of Texas flips
Three Democratic governors elected Tuesday have promised to reexamine data center expansion.
Fortune
November 4, 2026
States agreed to ‘fully, finally, and forever’ release Meta from claims they didn’t know existed — with $459 million for Cambridge Analytica claims
The judge also concluded the company failed to notify users about thousands of applications associated with data misuse.
Fortune
November 4, 2026
America’s grid upgrade hinges on a 400-ton machine designed in the 1800s — and just one U.S. mill makes the special steel inside it
Between 2019 and 2025, demand for generator step-up transformers, those that connect power plants to the transmission grid, nearly tripled.
Fortune
November 4, 2026
The richest 10% outspend the poorest quarter over 13 to 1 per child on childcare, education and activities — up from about 3 to 1 in the early 1980s
Before age 5, children from the poorest fourth of families receive about $44,000 less in total investments than children from the richest fo...
Fortune
November 4, 2026
Trump approved nearly 90% of disaster aid requests from all-Republican states and only 23% from all-Democratic ones
FEMA owes local governments almost $10 billion in reimbursements for recovery work that cities and towns have already paid for.
Fortune
November 4, 2026
Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’
Chesky was a natural founder but a “terrible CEO,” he said, and fixing that meant losing executives who wouldn’t adapt.
Fortune
November 4, 2026
How ElevenLabs’ CTO is rolling out AI agents—and why he thinks bigger efficiency gains are ahead for the voice AI startup
ElevenLabs' CTO Alex Holt is leveraging AI agents to streamline operations across multiple business functions, including sales, recruitment,...
Fortune
November 4, 2026
House Democrats are eyeing Trump’s pardons and his family’s crypto deals — the last time they ran oversight, his administration ignored subpoenas
Bondi refused to answer many questions from Democrats, instead launching personal attacks against these members of the U.S. Senate.
Fortune
November 4, 2026
DoorDash is buying Instacart for $17 billion. Its employees can’t add Instacart staff on LinkedIn
An internal Q&A filed with the SEC tells DoorDash staff to stay unconnected until the deal closes, which could be mid-2028, to avoid antitru...
Fortune
November 4, 2026
From Gina Hinojosa in Texas to Keisha Lance Bottoms in Georgia, women powered the Democrats’ blue wave
From Gina Hinojosa in Texas to Keisha Lance Bottoms in Georgia.
Fortune
November 4, 2026
Crypto PACs spent $170 million on the midterms—and came up nearly dry
In Ohio, $40 million in support couldn’t save crypto PACs’ preferred candidate.
Fortune
November 4, 2026
Michael Rubin wants Fanatics to be No. 1 in betting. Tuesday’s results in Nebraska and Congress made that climb steeper
Fanatics backed Nebraska's failed mobile betting push, and a projected Democratic Congress has prediction markets, Rubin's newest bet, in it...
Fortune
November 4, 2026
James Talarico was a 23-year-old middle school teacher when an 11-year-old inspired him to run for office—now he’s making history in Texas as Senator
James Talarico is now Texas’ first elected Democratic Senator in nearly four decades. And it all started when one struggling student’s story...
Fortune
November 4, 2026
Rhode Island’s new Governor Helena Foulkes spent 25 years at CVS and lost her first election—she says failure and bad bosses made her a better leader
Helena Foulkes spent decades in corporate before making a run for governor: ‘You can go for something and it doesn't work, and yet other gif...
Fortune
November 4, 2026