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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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The most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one

It’s not just the Jevons Paradox—it’s also the lump of labor fallacy. But there’s no God-given right for entry-level work to exist.

By Nick LichtenbergJune 29, 2026
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
By Tristan BoveJune 29, 2026
Photo of Jim Farley
Ford realized AI wasn’t capable of taking human jobs years ago—and hired 350 ‘gray beard’ engineers to steer its program
By Sasha RogelbergJune 29, 2026
The Supreme Court upholds Fed independence by saving Lisa Cook’s job—and also saves U.S. debt from a crisis
The Supreme Court upholds Fed independence by saving Lisa Cook’s job—and also saves U.S. debt from a crisis
By Jason MaJune 29, 2026
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok
By Amanda GerutJune 29, 2026
Strategy cofounder Michael Saylor sits during a conference and looks out into the crowd.
Strategy may sell up to $1.25 billion in Bitcoin to calm investor jitters
By Camila Grigera NaónJune 29, 2026
Latest Stories
bis
EconomyThe central bank of central banks just released its flagship annual report — and it sees a $1 trillion AI investment boom headed for a reckoning
By Nick LichtenbergJune 29, 2026
U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
PoliticsU.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
By Jon Gambrell, Josh Boak and The Associated PressJune 29, 2026
Lisa Cook and E. Jean Carroll win against Trump at the Supreme Court
NewslettersLisa Cook and E. Jean Carroll win against Trump at the Supreme Court
By Emma HinchliffeJune 29, 2026
alan
LawSupreme Court to Alan Dershowitz: take a hike with your $300 million defamation suit against CNN
By Lindsay Whitehurst and The Associated PressJune 29, 2026
acb
PoliticsOne of Trump’s Supreme Court appointees just saved the late mail ballots he hates so much
By Mark Sherman and The Associated PressJune 29, 2026
Hyperscalers could end up resembling airlines—plagued by small margins, intense competition, and high expenses, AI skeptic warns 
AIHyperscalers could end up resembling airlines—plagued by small margins, intense competition, and high expenses, AI skeptic warns 
By Jason MaJune 29, 2026
Target worker stocks shelves
SuccessTarget is starting to track employees’ unexcused lateness and absences with a points system—and if they rack up 12, they’re fired
By Emma BurleighJune 29, 2026
b
Law2 more NBA players indicted who ‘turned professional basketball into a criminal betting operation’
By The Associated PressJune 29, 2026
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Michael Saylor says remarks about selling Bitcoin were intended to jam short-sellers and ‘haters’ 
CryptoMichael Saylor says remarks about selling Bitcoin were intended to jam short-sellers and ‘haters’ 
By Ben WeissMay 8, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week (May 2-8, 2026)
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week (May 2-8, 2026)
By Fortune EditorsMay 8, 2026
Anthropic grew 80-fold in a single quarter. Now it’s renting Elon Musk’s data center to cope
AIAnthropic grew 80-fold in a single quarter. Now it’s renting Elon Musk’s data center to cope
By Marco Quiroz-GutierrezMay 8, 2026
Top CD rates from major banks May 8, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 8, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 8, 2026
Current price of Ethereum for May 8, 2026
Personal FinanceCurrent price of Ethereum for May 8, 2026
By Joseph HostetlerMay 8, 2026
Current price of Bitcoin for May 8, 2026
Personal FinanceCurrent price of Bitcoin for May 8, 2026
By Joseph HostetlerMay 8, 2026
Current price of oil as of May 8, 2026
Personal FinanceCurrent price of oil as of May 8, 2026
By Joseph HostetlerMay 8, 2026
golf
CommentaryHow playing golf alone can make you better at your job
By Gary BelskyMay 8, 2026
Anduril CEO Brian Schimpf
NewslettersBrian Schimpf has been quietly running Anduril since its earliest days. And once he’s talking, he has a lot to say
By Allie GarfinkleMay 8, 2026
The U.S. Securities and Exchange Commission headquarters in Washington, D.C.
AIIs quarterly reporting hurting investors or helping them? The SEC just weighed in—and the debate is far from over
By Sheryl EstradaMay 8, 2026
Apple AirPods Pro in Cupertino, California, on Sept. 9, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
NewslettersApple AirPods with cameras are coming
By Andrew NuscaMay 8, 2026
naomi
CommentaryNaomi Osaka: the things I didn’t do to succeed
By Naomi OsakaMay 8, 2026
Match Group CEO Spencer Rascoff
SuccessMatch Group’s CEO revived a shuttered Tinder internship program for Gen Z—and received over 30,000 applications for just 27 spots
By Emma BurleighMay 8, 2026
Why CEO Bill McDermott says ServiceNow’s 39% stock crash is Saaspocalypse ‘nonsense’ and why AI will make it a trillion-dollar company
AIWhy CEO Bill McDermott says ServiceNow’s 39% stock crash is Saaspocalypse ‘nonsense’ and why AI will make it a trillion-dollar company
By Alexei OreskovicMay 8, 2026
FARLEY
SuccessFord CEO says his Gen Z son is choosing hands-on work: ‘He feels like that’s more fulfilling than doing summer school at some fancy college’
By Nick LichtenbergMay 7, 2026
eBay bans GameStop CEO’s account after he started listing store signs and old carpets to fund his $56 billion offer to buy the marketplace
C-SuiteeBay bans GameStop CEO’s account after he started listing store signs and old carpets to fund his $56 billion offer to buy the marketplace
By Marco Quiroz-GutierrezMay 7, 2026
‘Blue dot fever’ plagues musicians like Post Malone, Meghan Trainor, and Zayn as a growing list of artists cancel tours due to lagging ticket sales
Arts & Entertainment‘Blue dot fever’ plagues musicians like Post Malone, Meghan Trainor, and Zayn as a growing list of artists cancel tours due to lagging ticket sales
By Dave Lozo and Morning BrewMay 7, 2026
Good debt vs. bad debt: What’s the difference?
Personal FinanceGood debt vs. bad debt: What’s the difference?
By Joseph HostetlerMay 7, 2026
Car salesperson showing cars to a couple shopping at the dealership
EconomyAmericans owe $1.68 trillion on car loans — more than credit card debt and as much as all federal student loans
By Tristan BoveMay 7, 2026
keynes
AIThe AI job apocalypse is ‘unhelpful marketing, bad economics and worse history,’ a16z says
By Nick LichtenbergMay 7, 2026
Stripe CEO Patrick Collison says a wave of token theft is wreaking havoc on the AI economy
CybersecurityStripe CEO Patrick Collison says a wave of token theft is wreaking havoc on the AI economy
By Jeff John RobertsMay 7, 2026
people watching tv
Arts & EntertainmentGen Z just broke the streaming model: A majority subscribe, binge, and cancel over and over, study finds
By Jake AngeloMay 7, 2026
Anthropic’s SpaceX compute deal comes as AI data center backlash grows—fueled by both real grievances and conspiracy theories
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By Sharon GoldmanMay 7, 2026
Airbnb cofounder and CEO Brian Chesky
SuccessAirbnb CEO Brian Chesky warns two types of people won’t survive the AI era: ‘pure people managers’ and workers who resist change
By Emma BurleighMay 7, 2026
Addiction, emotional distress, dread of dull tasks: AI models ‘seem to increasingly behave’ as though they’re sentient, worrying study shows
AIAddiction, emotional distress, dread of dull tasks: AI models ‘seem to increasingly behave’ as though they’re sentient, worrying study shows
By Catherina GioinoMay 7, 2026
amanda
CommentaryWhy energy storage is moving beyond the capex debate
By Amanda SimonianMay 7, 2026
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Personal FinanceCurrent price of Bitcoin for May 7, 2026
By Joseph HostetlerMay 7, 2026
Current price of Ethereum for May 7, 2026
Personal FinanceCurrent price of Ethereum for May 7, 2026
By Joseph HostetlerMay 7, 2026
Top CD rates from major banks May 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 7, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 7, 2026
A stack of coins tumbles over on top of a solid background.
CryptoCrypto users keep getting robbed because of a simple design flaw—but a solution is at hand
By William MougayarMay 7, 2026
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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse placeplaceholder alt text
By Sydney LakeJune 29, 2026
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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeJune 27, 2026
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