The U.S. Postal Service will run out of cash within a year unless Congress lifts a decades-old cap and allows the agency to borrow more money, the new postmaster general warned in an interview. If it doesn’t, the Postal Service might not…
Since stepping into his role as vice president of product for Gmail in January 2025, Blake Barnes has been tasked with shepherding one of the internet’s most beloved platforms into the generative AI revolution. His overarching vision, he told Fortune…
The fear that artificial intelligence (AI) will hollow out the workforce has dominated corporate boardrooms and business headlines for years, and gathered pace in early 2026. But one of banking’s most influential talent executives says the math actually points in…
When the Supreme Court ruled late last month that the majority of tariffs implemented by the second Trump administration in 2025 were illegal, it left something of a hole in the Treasury’s coffers. The White House had been relying on…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Americans stranded in the United Arab Emirates have criticised a lack of support from their government, after flights out of…
Good morning. Earlier this week, I traveled to Target headquarters in Minneapolis to interview newly minted CEO Michael Fiddelke. Target had just reported a straight fourth quarter of comparable sales decline, continuing a slump that has seen it lose market…
Over the weekend, missile debris rained over parts of Dubai’s Palm Jumeirah, a tree-shaped, man-made island home to fine-dining establishments and luxury hotels, including the skyscraping Burj Al Arab hotel. According to local authorities, four individuals were injured in the…
Risk on! Global relief rally underway S&P 500 futures are flat this morning before the opening in New York. The index rose 0.78% yesterday. Asia and Europe are strongly up, and tech stocks are going gangbusters today. Coinbase was up…
Millions of workers are bracing for AI layoffs and restructurings. But a growing slice of Gen Z isn’t even making it onto the corporate ladder in the first place—and increasingly, they’re young women. PwC’s new Women in Work Index, which…
Summer Yue isn’t the most famous employee at Meta. The director of “superintelligence alignment and safety research” posts pictures of herself walking her dog on the beach and messages about testing the honesty of AI assistants. She has a modest number of followers on social media. But for one day in February, Yue became the most talked about…