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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
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Ferrari’s Jony Ive-designed model was mocked by the internet, but it’s selling like hotcakes
Ferrari’s Jony Ive-designed model was mocked by the internet, but it’s selling like hotcakes

When the Luce was released Ferrari’s former president and chairman said he hoped “they take the prancing horse off that car, at least.”

By Marco Quiroz-GutierrezJuly 31, 2026
boom
Millennials say they’ll refuse to care for aging Boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
By Nick LichtenbergJuly 31, 2026
Meet the jet-setting fashion editor who turned a New York manicure at 23 into Nails.Inc—Despite selling for $40 million, she still wakes at 5:45 a.m.
Meet the jet-setting fashion editor who turned a New York manicure at 23 into Nails.Inc—Despite selling for $40 million, she still wakes at 5:45 a.m.
By Orianna Rosa RoyleJuly 31, 2026
Today’s home equity loan and HELOC rates, July 31, 2026
Today’s home equity loan and HELOC rates, July 31, 2026
By Joseph HostetlerJuly 31, 2026
Elevance Health’s CEO started her career as a pro basketball player. Now she’s the highest‑ranking woman on the Global 500, leading a $199B giant
Elevance Health’s CEO started her career as a pro basketball player. Now she’s the highest‑ranking woman on the Global 500, leading a $199B giant
By Sarah GlodekJuly 31, 2026
The rise of ‘conspicuous waiting’: The 19th-century economic theory that explains why Gen Z posts their place in line
The rise of ‘conspicuous waiting’: The 19th-century economic theory that explains why Gen Z posts their place in line
By Tatiana SatauaJuly 31, 2026
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American couple walking in front of London mansion
Ultra-rich are buying up $49 million mansions in London, with ‘Trump unease’ generating a 10% rise in Americans investing in Britain

In the first half of this year, Americans accounted for 30% of London’s luxury home sales above $20 million. A real estate expert blames unease over Trump.

By Emma BurleighJuly 30, 2026
‘What planet are you on?’ Voters, pollsters mystified by Trump’s tariffs boasts in Michigan

Trump declared “Michigan is thriving” at a GM rally, but a $1,100-a-month retiree in his own crowd says he’s “forgot about the people on a fixed income.”

By Jacqueline Ganun, Will Weissert and The Associated PressJuly 30, 2026
Should AI be formally recognized as a national and global security threat? In London, politicians increasingly think so 

More than 125 U.K. lawmakers support ControlAI’s campaign, led by Luciana Berger, to have nonhuman superintelligence officially recognized as a national and global security threat.

By Kamal AhmedJuly 30, 2026
Hollywood producer behind ‘Joker,’ dozens of other films indicted for $100 million Ponzi scheme

Jason Cloth diverted investor funds meant for films into a Canadian real estate project, prosecutors say.

By Rebecca Boone and The Associated PressJuly 30, 2026
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North America
More in North America
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing

The iPhone maker said sever constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.

By Alexei OreskovicJuly 30, 2026
New York Mets tap Novig as prediction market partner as MLB embraces new betting sector

The deal will allow Novig to integrate across the Mets’ ecosystem and run league‑approved markets.

By Camila Grigera NaónJuly 30, 2026
As the AI industry calls for help to “pace” AI development. Has OpenAI already hit pause on some development?

Between meetings on Capitol Hill this week, Sam Altman confirmed OpenAI deactivated a model after last month’s Hugging Face breach.

By Beatrice NolanJuly 30, 2026
Taco Bell’s quick action on removing lettuce, $1 Mexican Pizza special work to win over diners, investors

Chopt and Sweetgreen haven’t been able to be as flexible, for obvious reasons.

By Dee-Ann Durbin and The Associated PressJuly 30, 2026
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Asia
More in Asia
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive
Asia drives 60% of global growth, but the region’s CEOs can’t escape geopolitics. Here’s how they can stay competitive

BCG’s Yasushi Sasaki outlines why resilience, regional capital, and multi-market strategies are key to navigating geopolitical risk.

By Yasushi SasakiJuly 30, 2026
Samsung posts record $62 billion profit — and investors sell off anyway

Samsung’s second-quarter operating profit was a more than 19-fold increase from a year earlier, but investors didn’t care.

By Kim Tong-Hyung and The Associated PressJuly 30, 2026
Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

Southeast Asia, home to young, digitally-savvy populations and a rising middle class, offers fertile ground for leapfrogging.

By Angelica AngJuly 29, 2026
TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

Here’s who’s rising, and who’s debuting, from Asia on this year’s Global 500, Fortune’s ranking of the world’s largest companies by revenue.

By Angelica AngJuly 28, 2026
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Global
More in Global
This Dutch bookseller thought a request for 3,000 copies was ‘spam or phishing.’ Instead, AI companies are scanning and destroying books to train AI
This Dutch bookseller thought a request for 3,000 copies was ‘spam or phishing.’ Instead, AI companies are scanning and destroying books to train AI

“I was shocked!” Pieter de Vries of Haarlem told Fortune. He said several other Dutch antiquarian booksellers received the same request.

By Tatiana SatauaJuly 31, 2026
Andy Jassy said Amazon will spend $220 billion this year—and still won’t have enough capacity to meet demand

AWS revenue hit $42.2 billion in Q2, marking its fastest growth in 18 quarters as AI demand outpaces Amazon’s ability to build more data centers.

By Amanda GerutJuly 30, 2026
Microsoft’s $480 billion rally fuels a debate: Financial nihilism or the true AI moat finally coming into view?

The market seems to be in a “rip up the script every day” kind of mode, Steve Sosnick of Interactive Brokers told Fortune. Unless that changes tomorrow.

By Nick LichtenbergJuly 30, 2026
Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms

Azure crossed $100 billion in revenue for the first time, and a new disclosure about OpenAI offered some respite.

By Amanda GerutJuly 30, 2026
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Current ARM mortgage rates report for July 31, 2026
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Current ARM mortgage rates report for July 31, 2026
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Visitor look at their phone next to an Open AI's logo during the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 26, 2024. The world's biggest mobile phone fair throws open its doors in Barcelona with the sector looking to artificial intelligence to try and reverse declining sales. (Photo by PAU BARRENA / AFP) (Photo by PAU BARRENA/AFP via Getty Images)
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‘I’m just stuck’: Meet the former OpenAI researcher sitting on $700K of equity that he says is overvalued
By Eva RoytburgJuly 30, 2026
Jeff Bezos could add to the swelling ranks of American billionaires in English soccer
C-Suite
Jeff Bezos could add to the swelling ranks of American billionaires in English soccer
By Marco Quiroz-GutierrezJuly 30, 2026
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AI
Nearly a third of workers admit to sabotaging their company’s AI—and smaller paychecks may explain why
By Nick LichtenbergJuly 30, 2026
‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world
C-Suite
‘I predict one day Amazon will fail’: Jeff Bezos once warned his company might only last 30 years. At 31, it’s the biggest company in the world
By Sarah GlodekJuly 30, 2026
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aca
Economy
Data centers boost jobs 4% in cities and rural economies barely feel a dent, study shows
By Daniel Yue, Yiyang Zeng and The ConversationJuly 14, 2026
Phones in hand
Cybersecurity
A new FCC proposal could spell the end of the burner phone
By Catherina GioinoJuly 14, 2026
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North America
2.6 million Americans dropped ACA coverage as subsidies expired — fraud or price shock?
By Aparna Soni and The ConversationJuly 14, 2026
fda
Commentary
Trust in the FDA is collapsing. It’s time to get really transparent about our food and our drugs
By Jeffrey Sonnenfeld, Megan Ranney, Sten Vermund, Patricia Greenstein and Steven TianJuly 14, 2026
Judge said Trump’s $10 billion leaked IRS tax return lawsuit was filed for ‘improper purpose’ and referred one of his lawyers for disciplinary action
Politics
Judge said Trump’s $10 billion leaked IRS tax return lawsuit was filed for ‘improper purpose’ and referred one of his lawyers for disciplinary action
By The Associated Press, Eric Tucker and Alanna Durkin RicherJuly 14, 2026
The AI boom drove China’s 27% export jump in June as AI and the Iran war reshape global trade
Asia
The AI boom drove China’s 27% export jump in June as AI and the Iran war reshape global trade
By The Associated Press and Chan Ho-HimJuly 14, 2026
After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
North America
After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
By Marco Quiroz-GutierrezJuly 14, 2026
Golfer at a bay.
C-Suite
Topgolf’s CEO thinks the sport’s next star could get their start at one of its driving ranges
By Catherina GioinoJuly 14, 2026
‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
AI
‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
By The Associated Press and Mayuko OnoJuly 14, 2026
Justices ask Congress for more security funding as Barrett reveals she wore a bulletproof vest: ‘Performing this service… put me in this position’
Politics
Justices ask Congress for more security funding as Barrett reveals she wore a bulletproof vest: ‘Performing this service… put me in this position’
By The Associated Press and Lindsay WhitehurstJuly 14, 2026
Kevin Warsh won’t say if the Fed is done raising rates, even as he says the Fed has ‘no tolerance’ for high inflation and Trump pressure looms
Economy
Kevin Warsh won’t say if the Fed is done raising rates, even as he says the Fed has ‘no tolerance’ for high inflation and Trump pressure looms
By The Associated Press and Christopher RugaberJuly 14, 2026
Ramp’s billionaire CEO ignores résumés and Ivy League degrees—he’s more interested in engineers who built Minecraft servers as teens
Success
Ramp’s billionaire CEO ignores résumés and Ivy League degrees—he’s more interested in engineers who built Minecraft servers as teens
By Sydney LakeJuly 14, 2026
Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data
AI
Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data
By Nick LichtenbergJuly 14, 2026
kh
Politics
New York, a state without nearly any data centers, becomes first to ban their construction
By Anthony Izaguirre and The Associated PressJuly 14, 2026
mm
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Washington gerontocracy meets its receipt-check moment: ‘I think we need some transparency’
By Jill Colvin and The Associated PressJuly 14, 2026
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Success
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By Emma BurleighJuly 14, 2026
w
Banking
‘He found their weakness. It might have been sex. It might be power’: Warren Buffett stunned by Epstein pull as he snubs Gates Foundation
By Josh Funk and The Associated PressJuly 14, 2026
Elon Musk
Success
Elon Musk’s dream of colonizing Mars could come sooner than fixing the ‘broken’ workplace, CEO says—as worker disengagement costs $10 trillion a year
By Preston ForeJuly 14, 2026
mm
Commentary
Exclusive: Delaware proposes testing the AIC, a new legal entity for agents in a regulatory sandbox
By John Nay and Charuni Patibanda-SanchezJuly 14, 2026
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Personal Finance
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SpaceX and Amazon look like tech twins—but their financials tell a very different story
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Crypto
Exclusive: Payments startup Velocity raises $38 million to help businesses tap stablecoin growth 
By Camila Grigera NaónJuly 14, 2026
jobs
Commentary
Black women’s unemployment rate fell. That’s not the good news you think it is
By Katica RoyJuly 14, 2026
A Peterson Foundation bus stop sign displays the national debt on June 12, 2026 in Washington, DC.
Economy
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By Eleanor PringleJuly 14, 2026
Why is a satellite like a race car? Apex and Toyota’s racing division have an answer
Newsletters
Why is a satellite like a race car? Apex and Toyota’s racing division have an answer
By Allie GarfinkleJuly 14, 2026
Photo: President Trump.
Economy
The price of oil shoots upward as Trump demands tolls in the Strait of Hormuz
By Jim EdwardsJuly 14, 2026
Top CD rates from major banks July 14, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 14, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 14, 2026
Amid the Gulf’s increasingly competitive landscape, Bahrain is carving out a distinct investment strategy
Middle East
Amid the Gulf’s increasingly competitive landscape, Bahrain is carving out a distinct investment strategy
By Melissa HancockJuly 14, 2026
Current price of Ethereum for July 14, 2026
Personal Finance
Current price of Ethereum for July 14, 2026
By Joseph HostetlerJuly 14, 2026
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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity insteadplaceholder alt text
By Preston ForeJuly 29, 2026
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadlineplaceholder alt text
By Sydney LakeJuly 29, 2026
Real Estate
Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyersplaceholder alt text
By Catherina GioinoJuly 30, 2026
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