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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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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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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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Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeJuly 12, 2026
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Success
Fortune 500 Land O’Lakes is letting workers choose what days and times they work—and the flex jobs are getting 25% more applicants than full-time gigs
By Emma BurleighJuly 12, 2026
A Trump Account could make your kid a millionaire by 45—but financial experts say the app’s projections come with a catch
Personal Finance
A Trump Account could make your kid a millionaire by 45—but financial experts say the app’s projections come with a catch
By Sydney LakeJuly 12, 2026
Fortune Archives: How today’s 40-somethings changed the rules of marketing when they were teens
Newsletters
Fortune Archives: How today’s 40-somethings changed the rules of marketing when they were teens
By Andrew NuscaJuly 12, 2026
Photo: James Murdoch
Big Tech
James Murdoch may have reaped as much as $7.5 billion from his pre-IPO investment in Elon Musk’s SpaceX
By Claire AtkinsonJuly 12, 2026
sam
Crypto
A Yale professor says America is now an ‘oldigarchy’—and Boomers on LinkedIn are enraged
By Nick LichtenbergJuly 12, 2026
On the left, a black and white photo of Jim Kavanaugh playing soccer in the 1980s. On the right, a modern headshot of Kavanaugh wearing a blue suit jacket
Success
This former U.S. soccer player built a $20 billion-a-year company. Now, he says resilience matters more than talent—and points to Lionel Messi as proof
By Preston ForeJuly 12, 2026
3 reasons Bitcoin is stuck in a bear market—and why one analyst predicts a rebound to $100,000 by year-end
Crypto
3 reasons Bitcoin is stuck in a bear market—and why one analyst predicts a rebound to $100,000 by year-end
By Camila Grigera NaónJuly 12, 2026
An older man sits at a table with a laptop in front of him with his chin resting on his hand.
Future of Work
More tech workers are retiring early because they don’t want to deal with AI-related changes: ‘Many people believe it’s overblown’
By Sasha RogelbergJuly 12, 2026
Ukraine building Patriots is in Lockheed’s interest, McCaul says
Politics
Ukraine building Patriots is in Lockheed’s interest, McCaul says
By Christina Ruffini, David Gura and BloombergJuly 11, 2026
Le Pen extends lead in French election poll after court ruling
Politics
Le Pen extends lead in French election poll after court ruling
By James Regan and BloombergJuly 11, 2026
Homes are in short supply in the U.S. How a new law could change the market
Real Estate
Homes are in short supply in the U.S. How a new law could change the market
By Katy O'Donnell and BloombergJuly 11, 2026
Trump hints at a ‘dead man’s switch’ if Iran assassinates him. But Vice President JD Vance would make the call
Politics
Trump hints at a ‘dead man’s switch’ if Iran assassinates him. But Vice President JD Vance would make the call
By Will Weissert and The Associated PressJuly 11, 2026
The rise of white-collar socialists: ‘A lot of tech workers are working class’
Economy
The rise of white-collar socialists: ‘A lot of tech workers are working class’
By Jason MaJuly 11, 2026
The ‘Soccer Capital of America’ is now gunning for the Soccer Capital of the World (Cup)
Economy
The ‘Soccer Capital of America’ is now gunning for the Soccer Capital of the World (Cup)
By Catherina GioinoJuly 11, 2026
Trump undercuts GOP midterms message with snub of housing bill
Politics
Trump undercuts GOP midterms message with snub of housing bill
By Katy O'Donnell and BloombergJuly 11, 2026
Help not wanted: World Cup hiring boost has yet to materialize
Economy
Help not wanted: World Cup hiring boost has yet to materialize
By Augusta Saraiva, Maya Prakash and BloombergJuly 11, 2026
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple
Law
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple
By Mark Gurman and BloombergJuly 11, 2026
German carmakers are suffering some of their worst declines ever in China as Q2 sales plunge 30%-41%
Asia
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By Chan Ho-Him and The Associated PressJuly 11, 2026
Other diet fads championed by MAHA are questionable. But some science and thousands of years of human history are behind fermented foods
Health
Other diet fads championed by MAHA are questionable. But some science and thousands of years of human history are behind fermented foods
By Devi Shastri, Mary Conlon and The Associated PressJuly 11, 2026
A man was partly sucked out of a broken window on a Ryanair plane shortly after takeoff, but fellow passengers pulled him back
Travel & Leisure
A man was partly sucked out of a broken window on a Ryanair plane shortly after takeoff, but fellow passengers pulled him back
By Costas Kantouris, Rio Yamat and The Associated PressJuly 11, 2026
Trump once suggested his Reflecting Pool renovations would last a century. It’s now being drained again after an algae bloom and peeling paint
Politics
Trump once suggested his Reflecting Pool renovations would last a century. It’s now being drained again after an algae bloom and peeling paint
By Will Weissert and The Associated PressJuly 11, 2026
Iran’s supreme leader vows revenge for killing of his father after Trump threatens to launch thousands of missiles if Tehran tries to assassinate him
Politics
Iran’s supreme leader vows revenge for killing of his father after Trump threatens to launch thousands of missiles if Tehran tries to assassinate him
By Jon Gambrell, Michelle L. Price, Will Weissert and The Associated PressJuly 11, 2026
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Economy
More noncollege-educated men are living at home and falling out of the labor market, forcing a decline in marriages, all thanks to rising rents
By Catherina GioinoJuly 11, 2026
‘The first time ever in my career’: Senior Citi executive on why the ultrawealthy want to diversify away from America
Banking
‘The first time ever in my career’: Senior Citi executive on why the ultrawealthy want to diversify away from America
By Nick LichtenbergJuly 11, 2026
Photo of Phoebe Gates
Startups & Venture
‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’
By Sydney LakeJuly 11, 2026
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
Success
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
By Preston ForeJuly 11, 2026
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
Success
A 12-person PR firm represents De Niro, Pacino, and billion-dollar clients. Its founder says the secret is staying small
By Sydney LakeJuly 11, 2026
usa
Commentary
For 250 years, work defined American identity. That era Is ending
By Keith Ferrazzi and Wendy SmithJuly 11, 2026
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
Big Tech
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
By Marco Quiroz-GutierrezJuly 11, 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
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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 deadlineplaceholder alt text
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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 lawyersplaceholder alt text
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