The Latest Breaking News from Fortune

“We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work. And we can’t count on heroic growth rates or crashing interest rates,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB).

A bombshell report revealed that an Abu Dhabi royal bought a 49% stake in Trump’s flagship crypto project.

Pressure is mounting on the brand-new CEO to speak out against ICE.

Yet some experts worry the new state textile giant could end up being a "dominant rival" to smaller players in the industry.

“My estimate is that within two to three years, the lowest cost way to generate AI compute will be in space,” Musk wrote in a post on SpaceX’s website on Monday.

Oracle’s plan to raise $50 billion had shares rising. Then a tweet about its confidence in OpenAI triggered a selloff that spoke volumes.

CEO Alex Karp hailed “one of the truly iconic performances” by any company while warning it was putting “enormous political pressure on our institutions.”

The massive Permian Basin merger creates a combined Devon with a $58 billion enterprise value.

Schlicht moved to Silicon Valley in 2008 without a college degree, long before he created Moltbook.