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Former Trump official: Washington finally let Pell Grants pay for welding school, then buried the idea in 85 pages of red tape

For the first time in 50 years, federal aid will fund short job-training programs but new rules make it harder for those programs to survive.

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Fortune

Caroline Casagrande

C.H. Robinson’s CEO is running his AI transformation on Lean principles: ‘It’s been a game-changer for this company’

Also: All the news and watercooler chat from Fortune.

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Fortune

Diane Brady

Gen Z was ‘jaded about employment before we ever entered the workforce’—now psychologists say the stare has hardened into something worse

The children of the Great Recession's foreclosure crisis are at risk of foreclosing on themselves.

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Fortune

Nick Lichtenberg

Nvidia supplier Hon Hai’s sales beat on continued AI demand

Hon Hai, also known as Foxconn, has established itself as a key AI hardware player by assembling servers that house Nvidia accelerators.

yesterday 1

Fortune

Debby Wu

Oil, gas tankers cross Hormuz via Oman-side route after U-turns

Iran has repeatedly said that vessels should only transit the strait through the route designated and authorized by the Islamic Republic.

yesterday 0

Fortune

Weilun Soon

The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warns

Bank of America reaffirmed its year-end price target of 7,100 for the S&P 500, representing a 5% drop from the week's closing level.

yesterday 2

Fortune

Jason Ma

Alibaba gets reprieve on lobbying ban tied to DoD blacklist

On June 8, the Pentagon added Alibaba to its roster of Chinese military companies operating in the US known as the 1260H list.

yesterday 1

Fortune

Kate O'Keeffe

FIFA allows U.S. star Balogun to play Belgium despite red card

Trump called FIFA President Gianni Infantino on Wednesday and asked him to review Balogun’s suspension.

yesterday 0

Fortune

Yash Roy

The supertanker tycoon making millions on Hormuz shuttle runs

Ga-Hyun Chung, an intensely private Korean shipping tycoon, rocked the tanker industry early this year as his Sinokor Group embarked on an...

yesterday 1

Fortune

Weilun Soon

Meet the soccer-playing humanoid robot that just delivered the game ball at the Brazil v. Norway FIFA World Cup match

Meet Atlas, the 5-foot tall humanoid robot that delivered the World Cup match ball, has 56 points of movement on its body, and learned to play soccer.

yesterday 1

Fortune

Catherina Gioino

After a nearly 800% explosion, this AI supplier is about to make its U.S. debut and could signal if the market can still boom—or is headed for a bust

Shares of South Korea's SK Hynix will list on the Nasdaq and are expected to start trading on Friday.

yesterday 1

Fortune

Jason Ma

Investment firm’s cofounder sues after being fired for neglecting the in-person work mandate he signed, saying it applies to employees not owners

“We have both junior and senior employees commuting over one hour each way to work, and yet you feel this policy doesn’t apply to you.”

yesterday 9

Fortune

Jason Ma

The Trump administration will use the same company that tried to renovate the Reflecting Pool to repair it — ‘because they did a fantastic job’

Interior Secretary Doug Burgum said Sunday that the federal government will not seek new bids.

yesterday 1

Fortune

Steve Peoples

Seventh film in animated franchise beats the fifth installment of another cartoon juggernaut at the box office

The Minions movie opened on Wednesday and earned an estimated $61.4 million in its first five days.

yesterday 10

Fortune

The Associated Press

SK Hynix seeks access to AI investors in $29 billion U.S. listing

Over the past 12 months, SK Hynix’s Korea-listed shares and Micron’s stock have gained about 700%.

yesterday 1

Fortune

Bailey Lipschultz

France’s richest man Arnault hit with €22 million tax assessment

The heart of the matter concerns the “complex shareholding” of LVMH Moët Hennessy Louis Vuitton SE.

yesterday 2

Fortune

Claudia Cohen

Iranians demand revenge at funeral ceremonies for supreme leader killed during war, while his replacement has yet to appear to mourn his father

Talks over reaching a permanent end to the war appear to be on hold until the end of the funeral.

yesterday 0

Fortune

Nasser Karimi

The CEO who vowed to ‘fire anyone who doesn’t use AI’ admits that the technology can’t replace her executive assistant as the role evolves

“The people who truly want to succeed in this role have a massive opportunity."

yesterday 1

Fortune

Claire Savage

At July 4 speech, Trump stumps for controversial SAVE America Act, which even some Republicans in Congress are challenging

He also highlighted his support for the Second Amendment and revived denunciations of communism.

yesterday 2

Fortune

Steven Sloan

Trump moves the goalposts for NATO after demanding members spend more. ‘We don’t need their money — we don’t need anything. I just want loyalty’

Trump suggested he might have skipped the upcoming summit entirely were it not being hosted by Turkish President Recep Tayyip Erdogan.

yesterday 1

Fortune

Lorne Cook

As higher airfares and gas prices make vacations ‘crazy expensive,’ small business owners say Americans are staying closer to home this summer

“This summer, we’re still doing a couple overnights and the lake house, but nothing else.”

yesterday 1

Fortune

Mae Anderson

Shark Tank’s Kevin O’Leary says if he were 25 today, he’d chase these two booming opportunities in the world of AI

O'Leary says young entrepreneurs shouldn't chase flashy AI, they should instead try to build its backbone.

yesterday 9

Fortune

Marco Quiroz-Gutierrez

Mark Zuckerberg takes business calls on a jet ski wearing his $800 Meta glasses—and insists ‘the other person could not tell’

Zuckerberg is convinced smart glasses will replace the smartphone—and he's spending billions to prove it, even as Reality Labs posts a $19.2 billion...

yesterday 10

Fortune

Sydney Lake

How Hollywood’s youngest filmmakers are exposing Gen Z’s real problem with AI

The generation most fluent in generative tools has least trust. A new class of box-office creators explains the contradiction and what brands need to...

yesterday 2

Fortune

Reid Litman

Apple’s next CEO will oversee a $4 trillion tech giant, but isn’t on LinkedIn. Can today’s leaders still skip social media?

The CEO job now comes with a second role: content creator. Not every executive is on board.

yesterday 2

Fortune

Rachel Ventresca

The CEO using AI to double revenue with 1,000 fewer hires: ‘Nobody’s going to replace the last mile’

"I was having a conversation this weekend with Claude and it was a pretty in-depth conversation," W.J. Werzyn told Fortune. And then it hallucinated.

yesterday 5

Fortune

Nick Lichtenberg

Despite return-to-office-crackdowns, remote work is alive and well as the rate has barely changed over the last two years

Nearly 22% of U.S. workers still worked from home at least part of the time in 2025, just one percentage point less than in 2024.

yesterday 8

Fortune

Marco Quiroz-Gutierrez

He used to work 90-hour weeks and lost ‘years’ of his life. Now the US Polo Assn. CEO clocks off at 5:30 p.m. and won’t text his team on weekends

The U.S. Polo Assn. boss isn't the only CEO with boundaries: Netflix's cofounder kept a 5 p.m. Tuesday cutoff, while JPMorgan's Jamie Dimon takes all...

yesterday 10

Fortune

Orianna Rosa Royle

How David Senra built the podcast the world’s most powerful CEOs can’t stop listening to

Founders counts Jeff Bezos and Michael Dell as fans—and its ‘unmanageable’ creator turned down $50 million so he could build a media empire his way.

yesterday 9

Fortune

Lily Mae Lazarus

America’s entrepreneurial boom begins long before venture capital

Latino-owned businesses added 180,000 net new firms between 2017 and 2023 while white-owned firms declined — and the talent pipeline behind that...

yesterday 7

Fortune

Anthony Hernandez

Pope Leo marks July 4 at migrant graves, not U.S. celebrations

History's first U.S.-born pope skipped the party to bless graves marked by shipwreck wood — on the exact day the U.S. turned 250.

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Fortune

Nicole Winfield

‘I AM SETTING THEM ALL FREE, RIGHT NOW!’ Trump’s pre-July 4 Friday news dump included pardons for 11 people including ex-Abramoff partner

Buried in Friday's pardon list: a Jack Abramoff-era fraudster who later threw a fundraiser at Mar-a-Lago — now a free man.

previous day 2

Fortune

Michelle L. Price

The Taylor Swift economy: Star-studded wedding at Madison Square Garden lifts luxury brands Christian Dior, Christian Louboutin, and Cartier

The long anticipated union of sports and song brought hype to new heights at a venue made more for historic NBA games and bucket-list concerts.

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Fortune

Kimberlee Kruesi

U.S. debt is a looming crisis today but was once its own revolutionary masterstroke that helped launch a global financial superpower

Hamilton recognized how debt can unlock resources that could transform the young republic. But first he had to untangle the mess created by the...

previous day 2

Fortune

Jason Ma

Russia’s fuel crisis is so bad that a mom and her baby waited in line for 18 hours to get gas — ‘Are we in the Soviet Union?’

Energy analysts have estimated that 25% or more of Russia’s oil refining capacity has been taken offline by Ukraine's drone attacks.

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Fortune

Jason Ma

Treasury rolls out currency signed by Trump for Fourth of July

Traditionally US paper currency contains the signature of the treasury secretary and the US treasurer, not the president.

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Fortune

Jeff Mason

Nancy Pelosi’s husband could face misdemeanor charges after hit-and-run collision in Napa wine country that left one car with ‘major damage’

Paul Pelosi didn't have any alcohol in his system at the time of the crash, but pleaded guilty in 2022 to misdemeanor charges of driving under the...

previous day 2

Fortune

Safiyah Riddle

Trump Accounts are now available for kids. Here’s where the money will be invested in the stock market—in line with Warren Buffett’s advice

Money contributed to Trump Accounts at launch will be put in the State Street SPDR Portfolio S&P 500 ETF as an initial default investment.

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Fortune

Jason Ma

Trump allies double down on efforts to reshape Federal Reserve

Cook remains a target after the high court allowed her to stay in her job for now, as does former Chair Jerome Powell.

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Fortune

Saleha Mohsin

Iran’s envoy to China says Beijing to get Hormuz concessions

China, which buys almost all of Iran’s oil exports, on Friday called for the unhindered flow of shipping through the Strait of Hormuz.

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Fortune

Bloomberg

Ukrainian drones target more Russian oil infrastructure as fuel crisis adds political pressure on Putin, who shrugs off attacks as ‘not critical’

Ukrainian President Volodymyr Zelenskyy described the attack as part of Ukraine’s “long-range sanctions” against Russia.

previous day 10

Fortune

The Associated Press

FIFA engineered a plan to get the USMNT and their fans singing ‘Country Roads’ — and it worked

A playlist decision meant to spark one shared moment turned into an Argentine coach hugging his staff and belting lyrics about a state he's never...

previous day 4

Fortune

R.j. Rico

Belgium got its tariffs cut. Then it sent Trump a diamond Superman ring

Antwerp's jewelers say the $30,000 gift proves partnerships, "like the finest natural diamonds, are formed under pressure."

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Fortune

Sam McNeil

A retired insurance executive found a lost Declaration of Independence in Britain’s National Archives

Captured from a Revolutionary privateer in 1776, the document sat unread in Royal Navy files for 250 years until Michael Scurr unfolded it one...

previous day 3

Fortune

Danica Kirka

‘I can understand the, um, obesity here’: The World discovers American cuisine at the World Cup

So many visitors expressed love for ranch dressing that the TSA issued a reminder that tourists should pack bottles of dressing in checked bags.

previous day 3

Fortune

Dee-Ann Durbin

Trump White House can reinstall its sanitized history of slavery at George Washington’s house, appeals court rules

New panels drop references to slave-trade routes and headlines like "The Dirty Business of Slavery," as Philadelphia fights to block their...

previous day 1

Fortune

Geoff Mulvihill

69% of Americans think the founders would be disappointed in democracy today. A French philosopher predicted why

James Madison called Montesquieu "the oracle who is always consulted," and his theory of liberty as "tranquility of mind" is worth revisiting now.

previous day 3

Fortune

Robert A. Ballingall

The 1964 box set that predicted Dylan going electric — and still explains American music today

Elektra Records founder Jac Holzman's 83-track "Folk Box" traced a line from colonial ballads to protest songs.

previous day 2

Fortune

Ted Olson

Before independence, America tried — and failed — to conquer Canada

Gen. Richard Montgomery's death in a blizzard siege on Dec. 31, 1775, ignited the outrage that fueled Thomas Paine's "Common Sense."

previous day 3

Fortune

Sarah M.s. Pearsall

A quarter of young baby boomers and Gen Xers who’ve been laid off in the last decade are still unemployed—and 11% have taken pay cuts to work

Just as financial pressure peaks, many Gen Xers are finding themselves overlooked, underpaid, and edged out.

previous day 3

Fortune

Emma Burleigh