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Gold slumps to 6-month low even as inflation fears rise. Here's why bullion is out of favor
Macro

Gold slumps to 6-month low even as inflation fears rise. Here's why bullion is out of favor

The yellow metal is at lowest level of the year as potential interest rate increases and faltering technical signals weigh on prices.

cnbc.com · Jun 11, 2026 · 1 min read
Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff
Macro

Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff

At Fortune's Brainstorm Tech conference, Booking Holdings CEO Glenn Fogel described the AI travel agent he wants to build, while Ryan Serhant shared how ChatGPT nearly ruined a $50 million deal.

fortune.com · Jun 11, 2026 · 1 min read
More than 115K young people applied for internships at Citadel—just 350 interns made the cut, making the acceptance rate a record low of 0.36%
Macro

More than 115K young people applied for internships at Citadel—just 350 interns made the cut, making the acceptance rate a record low of 0.36%

Financial holding giant Citadel is recruiting more entry-level talent for its internship than ever before. It’s a welcome opportunity in a dire market for Gen Z.

fortune.com · Jun 11, 2026 · 1 min read
Olympic champion Shaun White says AI is ‘leveling the playing field’ for professional athletes
Macro

Olympic champion Shaun White says AI is ‘leveling the playing field’ for professional athletes

“This is really going to be accessible for everyone,” the three-time gold medalist said at Fortune’s Brainstorm Tech conference.

fortune.com · Jun 11, 2026 · 1 min read
Brazil’s biggest soccer broadcaster Is now a guy who started on Twitch. He beat Globo
Macro

Brazil’s biggest soccer broadcaster Is now a guy who started on Twitch. He beat Globo

In Brazil, home of soccer-mad fans and the five-time world champions, the only way to watch all 104 games of the World Cup will be through a streaming platform anchored by an influencer. Elsewhere, users will get to see parts of matches liv

fortune.com · Jun 11, 2026 · 1 min read
Visa thinks it’s a great idea for AI agents to shop and pay for things without human approval
Macro

Visa thinks it’s a great idea for AI agents to shop and pay for things without human approval

Jack Forestell said the quiet part out loud. A thousand small purchases from now, your AI agent asks: "Do you want me to just not check?"

fortune.com · Jun 11, 2026 · 1 min read
Chevron’s CFO on why finance chiefs are defining AI’s business value
Macro

Chevron’s CFO on why finance chiefs are defining AI’s business value

Eimear Bonner, a former CTO, explains how the finance organization is using AI.

fortune.com · Jun 11, 2026 · 1 min read
Current price of oil as of June 11, 2026
Macro

Current price of oil as of June 11, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

fortune.com · Jun 11, 2026 · 1 min read
SpaceX is about to make history—and 80% of VCs won’t see a dime of it
Macro

SpaceX is about to make history—and 80% of VCs won’t see a dime of it

A live Term Sheet meetup of investors agreed SpaceX, OpenAI, and Anthropic will reward a sliver of venture. But most of the industry will be watching from the sidelines.

fortune.com · Jun 11, 2026 · 1 min read
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
Macro

T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price

Everything you need to know before you reach the office this morning.

fortune.com · Jun 11, 2026 · 1 min read
Social Security and Medicare are heading toward insolvency. Congress has 6 years to act
Macro

Social Security and Medicare are heading toward insolvency. Congress has 6 years to act

Trust fund exhaustion by 2032–2033 could trigger automatic benefit cuts — there is a bipartisan path to prevent it.

fortune.com · Jun 11, 2026 · 1 min read
‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI
Macro

‘Oh God, no! Not another thing:’ What Anthropic’s Mythos-class Fable 5 means for CEOs trying to govern AI

Also: All the news and watercooler chat from Fortune.

fortune.com · Jun 11, 2026 · 1 min read
Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain
Macro

Meet the Fortune Crypto 100: A ranking of the very best companies in blockchain

Read about the definitive list of the most important names in crypto, from Coinbase to Franklin Templeton to Hyperliquid.

fortune.com · Jun 11, 2026 · 1 min read
South Korea fines Coupang record $409 million for data breach
Macro

South Korea fines Coupang record $409 million for data breach

Coupang has been under fire after regulators discovered a former employee improperly accessed personal information from nearly 34 million accounts.

fortune.com · Jun 11, 2026 · 1 min read
SpaceX’s record IPO has Wall Street torn between a Musk ‘holy grail’ and a $72-per-share leap of faith
Macro

SpaceX’s record IPO has Wall Street torn between a Musk ‘holy grail’ and a $72-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

fortune.com · Jun 11, 2026 · 1 min read
KKR says AI productivity boom to keep on going — but warns of 'extreme' trend not seen since the 19th century
Macro

KKR says AI productivity boom to keep on going — but warns of 'extreme' trend not seen since the 19th century

KKR said in its mid-year outlook Thursday that AI will drive economic growth for years to come, but only in specific sectors.

cnbc.com · Jun 11, 2026 · 1 min read
The space economy’s next frontier is in ground infrastructure, Northwood Space CEO says
Macro

The space economy’s next frontier is in ground infrastructure, Northwood Space CEO says

At Fortune Brainstorm Tech conference, Bridgit Mendler emphasized how massive leaps in launch capacity and spacecraft manufacturing are supercharging the space economy.

fortune.com · Jun 11, 2026 · 1 min read
Citigroup shares outperform down market after Trump endorsement
Macro

Citigroup shares outperform down market after Trump endorsement

Jane Fraser-led Citi fell 1%, less than the rest of the market and some other major banks, after Trump lauded its turnaround in a social media post.

cnbc.com · Jun 10, 2026 · 1 min read
Social Security COLA Predictions Rise as Inflation Hits a 3-Year High
Macro

Social Security COLA Predictions Rise as Inflation Hits a 3-Year High

As inflation pressures mount, the Senior Citizens League forecasts a significant 3.8% cost-of-living adjustment (COLA) for Social Security beneficiaries in 2027, marking a notable increase from previous predictions. With rising gas prices and overall inflation hitting 4.2%, this adjustment aims to protect over 75 million Americans from losing purchasing power, yet concerns remain about the long-term sustainability of Social Security funding. ## BODY: ### Introduction: A Vital Safety Net at Ris

assetmarketcap.com · Jun 10, 2026 · 5 min read
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
Macro

Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful

Treating server location as an expression of sovereignty threatens resilience, competition, and ASEAN’s ambitions for a shared digital market.

fortune.com · Jun 10, 2026 · 1 min read
The curse of Trump watching sports in person: the home team seems to always lose
Macro

The curse of Trump watching sports in person: the home team seems to always lose

Knicks fans were the latest in a string of odd coincidences involving the commander in chief attending a sports game in person: their home team lost.

fortune.com · Jun 10, 2026 · 1 min read
Gates testifies on Epstein: previous Fortune investigation reveals payments to his ex-girlfriend, $1M Microsoft deal
Macro

Gates testifies on Epstein: previous Fortune investigation reveals payments to his ex-girlfriend, $1M Microsoft deal

Bill Gates said Wednesday that he made a “grave error in judgment” by meeting with Jeffrey Epstein.

fortune.com · Jun 10, 2026 · 1 min read
How the World Cup is a high-stakes stage for Big Tech’s AI push
Macro

How the World Cup is a high-stakes stage for Big Tech’s AI push

The World Cup, which kicks off on June 11, is a big moment for large tech players such as Lenovo, Google, and Salesforce to show off their AI capabilities.

fortune.com · Jun 10, 2026 · 1 min read
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’
Macro

‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’

The president told reporters that the inflation number is only reacting to the war in Iran, and it will adjust once the ceasefire becomes permanent.

fortune.com · Jun 10, 2026 · 1 min read
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Macro

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

As the Strait of Hormuz remains closed for the fourth month, “one development stands out: prices have become remarkably calm,” JPMorgan analysts said.

fortune.com · Jun 10, 2026 · 1 min read
Honda recalls nearly 900,000 cars thanks to rear suspension problems
Macro

Honda recalls nearly 900,000 cars thanks to rear suspension problems

The components may fail and cause drivers to lose control, which could result in serious injury or a crash. Honda estimates just 1% of vehicles have the issue.

fortune.com · Jun 10, 2026 · 1 min read