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Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting hasn’t started yet

Unless the U.S. implements the June ceasefire deal in a few weeks, Iran will launch a "timely and precise" ​attack to break the blockade, an Iranian...

yesterday 1

Fortune

Jason Ma

The ‘Jamie premium’ nears $1 trillion as JP Morgan flirts with historic market valuation

CEO Jamie Dimon has spent two decades building JP Morgan into the lion of Wall Street. Its market cap was $138 billion when he took over

yesterday 0

Fortune

Mia Osmonbekov

Siemens CEO keeps his inbox below 100 with 2-letter replies—and has no recurring meetings with direct reports: ‘I don’t need to entertain people’

CEO of $256 billion Siemens, Roland Busch, replies to emails with just ‘OK’ or ‘No.’ Anything longer, and the boomer will voice note his team...

yesterday 10

Fortune

Preston Fore

Billionaire Gen Zer dropped out of high school to launch his start-up at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

James Dacombe, the 25-year-old behind AI chip-making firm Olix and brain monitoring startup CoMind, says being young and “naive” was a career...

yesterday 2

Fortune

Emma Burleigh

Unitree vs. Shein: How August’s big China IPOs show how AI hype is leaving e-commerce giants behind

Unitree may be smaller and younger compared to Shein. But in the eyes of investors, the robot maker is the more exciting bet.

yesterday 3

Fortune

Nicholas Gordon

China, the EU, and Singapore are pushing back against the White House’s new ‘Great Transshipment Scam’ report

The White House claimed last week that the rerouting of Chinese goods cost the U.S. as much as $303 billion.

yesterday 0

Fortune

Angelica Ang

Walmart, Target and Home Depot set to give Wall Street a peek at the American consumer, one week after stocks’ all-time high

Walmart, Target, Home Depot and Lowe's report earnings this week after the steepest drop in U.S. retail spending in more than a year.

yesterday 1

Fortune

Elaine Kurtenbach

Cava CFO on growth, AI and why price hikes aren’t on the agenda

Tricia Tolivar explains how Cava is scaling to new markets.

yesterday 4

Fortune

Sheryl Estrada

Canadian auto billionaire’s fortune doubles even with US tariffs

Shares of Linda Hasenfratz's Linamar climbed 27% in 2026 after Trump's tariffs spared auto parts, which make up more than 60% of its earnings.

yesterday 0

Fortune

Ari Altstedter

Walmart and McDonald’s aren’t the SNAP kings anymore — Uber, Lyft and DoorDash lead in workers on food stamps

A new GAO report finds the gig platforms led major employers in workers receiving food assistance in 2025.

yesterday 0

Fortune

Jacob Lederman

The real reason why company cultures are doomed to fail

Companies are confusing values with beliefs, and it's costing them the talent they work hardest to keep.

yesterday 1

Fortune

Kristin Stoller

The inspiring survival of Jimothy, the hunchbacked raccoon who conquered Seattle

Jimothy, whose short, curved body is consistent with an unconfirmed spinal malformation, drew millions of views and a city proclamation.

yesterday 0

Fortune

Kelly Lambert

Trump’s Venezuela fixer is promoting ‘America First’ oil deals

Seven months after Maduro's capture, Alejandro Betancourt, dogged by probes, is now brokering access for wildcatters as major US oil companies balk

yesterday 1

Fortune

Fabiola Zerpa

The great modern train robbery: Thieves steal $200 million a year

More than 75,000 thefts on US freight networks last year pushed freight railroad companies to pour millions into fencing and AI cameras

yesterday 2

Fortune

Bloomberg

Florida gerrymandering puts Debbie Wasserman Schultz in awkward position of running to represent 42% Black district

Sporting red-white-and-blue sneakers and a matching bedazzled manicure ahead of Florida’s primaries on Tuesday, Rep. Debbie Wasserman Schultz smiles...

yesterday 0

Fortune

Bill Barrow

The pandemic loan was for a tire shop. Prosecutors say it helped elect a mayor

Lawrence Mayor Brian DePena allegedly routed $90,000 of a $1.5 million small-business loan into his 2021 campaign while paying off property debt and...

yesterday 1

Fortune

Michael Casey

Lake Powell, America’s second-largest reservoir, is 30 feet from a hydropower shutdown

The water fell to a record 3,519.91 feet as seven states argue over the Colorado River’s future—and the dam’s power buffer keeps disappearing.

yesterday 9

Fortune

The Associated Press

Miami’s wreck of a gorgeous floating stadium where Elvis and Jimmy Buffett has a chance to come back from the dead

Jimmy Buffett once dove into Biscayne Bay after a Marine Stadium show. Now voters must decide whether a 40-year event deal can revive the ruin.

yesterday 0

Fortune

David Fischer

Lula opens a U.S. tariff fight with big tech in the crosshairs

Brazilian President Luiz Inácio Lula da Silva said Friday his government has triggered an economic reciprocity law mechanism against U.S.-imposed...

yesterday 0

Fortune

Mauricio Savarese

You spend 20 years climbing the corporate ladder. Then a retiree takes the top job

Retired C-suite executives keep getting another turn. What happens to those behind them?

yesterday 0

Fortune

Ruth Umoh

Japan’s economy notches 1.1% growth rate as spending dips 1.2% and PM sinks in polling

Net exports supplied 0.5 point of Japan’s 0.3% quarterly GDP gain as consumption stayed flat and business investment fell 1.2%.

yesterday 1

Fortune

Yuri Kageyama

Meta heads to child safety trial facing financial damages as large as $1.4 trillion

Four states want penalties that approach Meta’s market value, but the lasting threat is a court-ordered overhaul of Facebook and Instagram for young...

yesterday 1

Fortune

Barbara Ortutay

Hayden Panettiere, child actor turned adult star of ‘Heroes’ and ‘Nashville,’ dies at 36

The former child actor turned TV star and country performer, who spoke openly about addiction and depression, died Sunday. No cause was announced.

yesterday 10

Fortune

The Associated Press

Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI

A KPMG audit appears to establish the legitimacy of Tether's reserves. Meanwhile, the company's ambitions are scaling far beyond crypto.

yesterday 2

Fortune

Jeff John Roberts

Wispr talks its way to a $2 billion valuation. The company says dictation’s only the beginning

Wispr has raised $280 million in its Menlo Ventures-led Series B, as it looks beyond dictation.

yesterday 1

Fortune

Allie Garfinkle

Current price of oil as of August 17, 2026

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

yesterday 0

Fortune

Joseph Hostetler

Trump shrinks South Korea war games, citing ‘very good relationship’ with Kim Jong Un

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

yesterday 10

Fortune

Jim Edwards

Inside Japan’s climate-adaptation playbook

Also: All the news and watercooler chat from Fortune.

yesterday 10

Fortune

Diane Brady

The U.S. government wants allies to pick a side in the AI race

In today's edition: Washington D.C. makes an ultimatum; Alibaba's AI rise; Dario Amodei's prophecy, Anthropic IPO, Amazon, and Stripe.

yesterday 9

Fortune

Lily Mae Lazarus

Billionaire founder agrees with Elon Musk, Sam Altman and Jeff Bezos: We will live and work in space—and could be commuting to the moon by 2030

“We'll have a moon base, people living and working on the moon,” says billionaire Voyager Technologies founder Dylan Taylor.

yesterday 10

Fortune

Orianna Rosa Royle

Owning the Lakers would provide billionaire investor Joshua Kushner with an iconic sports franchise — and a ‘powerful tax shield’

"My guess is he is preparing to offset a boatload of carried interest income. If you own a sports team, done correctly, you can get a deduction...

previous day 1

Fortune

Jason Ma

Dario Amodei admits AI suffers from a crisis of trust, saying people worry companies or governments are ‘cooking up some new way to screw them over’

"I think by far the most accurate criticism of AI companies including Anthropic is that we haven’t yet delivered on our big promises to benefit the...

previous day 1

Fortune

Jason Ma

U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’

A day earlier, Trump posted a photo of himself standing next to North Korea’s Kim Jong Un, writing that the two leaders get along great.

previous day 2

Fortune

The Associated Press

BBC asks U.S. court to help get testimony from Ivanka Trump, Jared Kushner and Don Jr., saying they have ‘personal knowledge’ on defamation claims

The allegations center on the way a 2024 documentary edited a speech Trump gave on Jan. 6, 2021, before protesters attacked the Capitol in Washington.

previous day 1

Fortune

Sylvia Hui

Stripe clinches over $7 billion deal to buy AI firm OpenRouter

The deal comes just months after OpenRouter raised money at a reported $1.3 billion valuation.

previous day 0

Fortune

Yazhou Sun

Dimon warns UK’s Healey against raising taxes on banks, FT says

Dimon said higher taxes often drive away jobs, citing a decline in finance jobs in New York that he blamed in part on the city’s tax burden.

previous day 1

Fortune

Tony Czuczka

Skyrocketing beef prices finally have Americans reaching their spending limit

Beef sales volumes in the 13 weeks ending in mid-July, a crucial stretch encompassing both Memorial Day and July Fourth, fell 0.3% from a year...

previous day 0

Fortune

Ilena Peng

US probe on Mark Walter focused on four intermediaries, WSJ says

Prosecutors and the SEC are looking into whether Walter or the businesses he controls committed fraud by concealing financial connections while...

previous day 1

Fortune

Se Young Lee

Blanche defends reflecting pool prosecutor who angered Trump

“Now, that’s different than whether the president is extraordinarily frustrated at what happened in that case. And I don’t in any way fault him...

previous day 1

Fortune

Tony Czuczka

Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the chokehold

Satellite images revealed that Saudi ships on both sides of the Strait of Hormuz are preparing to transport oil out of the Persian Gulf.

previous day 2

Fortune

Jason Ma

Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker

Berkshire also reduced stakes in supermarket operator Kroger, steel manufacturer Nucor and dialysis giant DaVita.

previous day 4

Fortune

Alex Veiga

‘It was like a godsend’ —GLP-1 drugs show promise against hormonal disorder that causes constant weight gain and forces women to shave facial hair

“I didn’t understand why all this weight was coming back or why my friends didn’t have to shave their faces and I had to.”

previous day 0

Fortune

Laura Ungar

Avocado pickers in Mexico restart exports as security alert is lifted but are ‘at the mercy of whatever the U.S. market and government decide’

“If the United States says that it is suspending technical services for security reasons, it’s impossible to export. If it's for a plant health,...

previous day 2

Fortune

María Verza

Covert mideast oil flows are keeping global prices in check

The trade of ferrying oil through the Strait of Hormuz undetected to transfer the barrels onto tankers in the Gulf of Oman is running at full tilt.

previous day 1

Fortune

Alex Longley

Centcom chief calls carrier’s mission ‘one of the most operationally intense and consequential of the modern era’ amid mental health and supply issues

Adm. Cooper visited the USS Lincoln in the Arabian Sea as reports have emerged of mental health and supply issues aboard the long-deployed aircraft...

previous day 10

Fortune

The Associated Press

Earnings from Walmart and other top retailers will give investors more clues on the housing market and how consumers are grappling with inflation

Investors will also get more details about the Fed's interest rate policy when the central bank releases minutes from the July meeting on Wednesday.

previous day 10

Fortune

The Associated Press

Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant

Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange, bought the near-bankrupt company from Warren Buffett. He’s now worth $1.2 billion.

previous day 2

Fortune

Emma Burleigh

‘Godfather of AI’ says billionaires like Elon Musk are right about the future of work—but he predicts mass unemployment is on its way

While tech leaders paint a positive future where work is optional thanks to AI, the "Godfather of AI" Geoffrey Hinton warns they’re “betting on AI...

previous day 10

Fortune

Preston Fore

Gen Z is eyeing up ‘secure’ healthcare jobs to AI-proof their careers, but be warned: Chiropractors, doctors and paramedics are the unhappiest workers

Health care workers report burnout and lower job satisfaction. In fact, Gen Z's safest bet for happiness might just be behind a counter, not a...

previous day 10

Fortune

Orianna Rosa Royle

ActivTrak CEO: What 120,620 workers reveal about AI maturity

Most leaders I know are tempted to build their AI adoption strategy as if every employee should be an AI super user. Our data complicates that idea.

previous day 3

Fortune

Heidi Farris