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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

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

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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saunders
Bausch & Lomb CEO: the AI hysteria is nothing new

AI is being talked about as though business has never encountered a technological shift before. And just like the other times, one thing gets overlooked.

By Brent SaundersJuly 31, 2026
zelter
Apollo President: America’s industrial comeback requires  a new financial playbook and a fatter checkbook
By Jim ZelterJuly 31, 2026
Top CD rates from major banks July 31, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on July 31, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 31, 2026
ronnen
The competition passed on a flying toy. We built it into $100 million dollar business
By Ronnen HararyJuly 31, 2026
Current price of Ethereum for July 31, 2026
Current price of Ethereum for July 31, 2026
By Joseph HostetlerJuly 31, 2026
Current price of Bitcoin for July 31, 2026
Current price of Bitcoin for July 31, 2026
By Joseph HostetlerJuly 31, 2026
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News
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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
More in News
North America
More in North America
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

The oldest Boomers are starting to turn 80, but the Great Wealth Transfer isn’t materializing as promised.

By Nick LichtenbergJuly 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

Gail Boudreaux credits collegiate athletics with helping to shape her leadership style.

By Sarah GlodekJuly 31, 2026
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
More in North America
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
Sports teams have gone from trophies to trillion-dollar investment targets
Sports teams have gone from trophies to trillion-dollar investment targets

Since 2014, overall total returns for the NBA, NFL, NHL, and MLB have outperformed the S&P 500.

By Allie GarfinkleJuly 31, 2026
Current price of oil as of July 31, 2026

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

By Joseph HostetlerJuly 31, 2026
The rise of financial nihilism in retail traders

Markets and consumers have diverged over the past five years, and financial nihilism is spreading, with a generation’s retirement savings at stake.

By Derek HorstmeyerJuly 31, 2026
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
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Current price of silver as of Friday, July 31, 2026
Personal Finance
Current price of silver as of Friday, July 31, 2026
By Joseph HostetlerJuly 31, 2026
Apple CEO Tim Cook on June 08, 2026 in Cupertino, California. (Photo: Justin Sullivan/Getty Images)
Newsletters
Tim Cook takes his final earnings call as Apple feels the supply pain
By Andrew NuscaJuly 31, 2026
Today’s top high-yield savings rates: Up to 4.50% on July 31, 2026
Personal Finance
Today’s top high-yield savings rates: Up to 4.50% on July 31, 2026
By Glen Luke FlanaganJuly 31, 2026
Top CD rates today, July 31, 2026: Lock in up to up to 4.45%
Personal Finance
Top CD rates today, July 31, 2026: Lock in up to up to 4.45%
By Glen Luke FlanaganJuly 31, 2026
Photo: Kevin Warsh
Newsletters
‘Mutiny, if need be’: At the Fed, ‘Warsh can suppress dissent only so much,’ over credibility-testing interest rate decision, Macquarie says
By Jim EdwardsJuly 31, 2026
A 103-year-old company says it has a plan to make AI data centers ‘water-neutral’
Newsletters
A 103-year-old company says it has a plan to make AI data centers ‘water-neutral’
By Diane BradyJuly 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.
Success
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
Current ARM mortgage rates report for July 31, 2026
Personal Finance
Current ARM mortgage rates report for July 31, 2026
By Glen Luke FlanaganJuly 31, 2026
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Altman says OpenAI made ‘many changes’ during talks with U.S.
AI
Altman says OpenAI made ‘many changes’ during talks with U.S.
By Lorelei Smillie and BloombergJuly 9, 2026
Three-time Olympic canoeist pleads not guilty to touching water in Reflecting Pool vandalism charge
Politics
Three-time Olympic canoeist pleads not guilty to touching water in Reflecting Pool vandalism charge
By Michael Kunzelman and The Associated PressJuly 9, 2026
Businessman flying private jet using smartphone
Success
Self-made multimillionaire says Canadians ‘give no money away’ compared with Americans—research shows U.S. giving is more than twice as high
By Preston ForeJuly 9, 2026
Companies still don’t know how to incorporate AI in a holistic way, says Wharton expert
AI
Companies still don’t know how to incorporate AI in a holistic way, says Wharton expert
By Sheryl EstradaJuly 9, 2026
This year’s El Niño is not ‘run-of-the-mill’—and it could rival one that killed 23,000
Environment
This year’s El Niño is not ‘run-of-the-mill’—and it could rival one that killed 23,000
By Seth Borenstein and The Associated PressJuly 9, 2026
The crypto startup trying to put a barrel of oil on blockchain
Crypto
The crypto startup trying to put a barrel of oil on blockchain
By Mia Gindis, Sidhartha Shukla and BloombergJuly 9, 2026
Starbucks taps AI to cut reliance on Microsoft, IBM software
AI
Starbucks taps AI to cut reliance on Microsoft, IBM software
By Daniela Sirtori, Brody Ford and BloombergJuly 9, 2026
Brendan Foody smiles on stage sitting in a chair.
AI
AI unicorn Mercor acquires Deeptune after founder Brendan Foody backed the startup
By Lily Mae LazarusJuly 9, 2026
PepsiCo cut chip prices to win back frustrated shoppers. The Iran war got in the way
Retail
PepsiCo cut chip prices to win back frustrated shoppers. The Iran war got in the way
By Dee-Ann Durbin and The Associated PressJuly 9, 2026
Current price of Ethereum for July 9, 2026
Personal Finance
Current price of Ethereum for July 9, 2026
By Joseph HostetlerJuly 9, 2026
Current price of Bitcoin for July 9, 2026
Personal Finance
Current price of Bitcoin for July 9, 2026
By Joseph HostetlerJuly 9, 2026
n
Success
My Microsoft exit with no business plan led to a $40 billion internet company—and a debate over risk vs. timing
By Naveen JainJuly 9, 2026
Top CD rates from major banks July 9, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 9, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 9, 2026
Current price of oil as of July 9, 2026
Personal Finance
Current price of oil as of July 9, 2026
By Joseph HostetlerJuly 9, 2026
kg
Environment
Ken Griffin says everyone is misinterpreting the AI revolution — and wishes Zohran and Bernie would ‘read a damn history book for once’
By Nick LichtenbergJuly 9, 2026
DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings
Crypto
DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings
By Ben WeissJuly 9, 2026
Christina Qi smiles in front of a bookshelf
Startups & Venture
Christina Qi left behind a hedge fund trading $7 billion a day for a farm in Utah. Her new startup just raised $97 million to rival Bloomberg
By Lily Mae LazarusJuly 9, 2026
U.S. President Donald Trump speaks to members of the press for the first time aboard the new Air Force One while in flight from RAF Mildenhall AFB to Joint Base Andrews July 8, 2026 after leaving the United Kingdom.
Economy
U.S.-Iran talks are ‘eerily similar’ to Trump’s bumpy China dealings in his first term, says top economist—don’t rule out further oil price spikes
By Eleanor PringleJuly 9, 2026
750 million fans and 2.7 million data points: How IBM’s AI powers Wimbledon from hidden ‘Court 19’ 
Europe
750 million fans and 2.7 million data points: How IBM’s AI powers Wimbledon from hidden ‘Court 19’ 
By Sam BirchallJuly 9, 2026
m
Commentary
America’s bone health is quietly headed for a $19 billion crisis
By Matthew T. DrakeJuly 9, 2026
How global energy markets built the ‘Amazon of oil’ logistics to keep prices from spiraling
Energy
How global energy markets built the ‘Amazon of oil’ logistics to keep prices from spiraling
By Jordan BlumJuly 9, 2026
$5 billion CEO calls the managers that candidates didn’t list as references—and he’ll even ask coworkers they clashed with what they really think
Success
$5 billion CEO calls the managers that candidates didn’t list as references—and he’ll even ask coworkers they clashed with what they really think
By Orianna Rosa RoyleJuly 9, 2026
Microsoft President Brad Smith sitting.
AI
Microsoft’s Brad Smith on Washington’s AI policy: ‘Regulation without transparent or complete rules’
By Beatrice NolanJuly 9, 2026
A woman, standing in a grocery store, looks at a bag of apples.
Economy
Trump has created a ‘trickle up’ tariff economy that means U.S. companies aren’t done hiking consumer prices over import taxes
By Sasha RogelbergJuly 9, 2026
Elon Musk and President Donald Trump seated
Big Tech
Elon Musk’s judge has ‘significant misgivings’ about $1.5 million Twitter settlement—but approves it anyway
By Amanda GerutJuly 9, 2026
‘Failures happen during construction’: Office-to-residential conversions are all over NYC, but failures usually get fixed before they get worse
Real Estate
‘Failures happen during construction’: Office-to-residential conversions are all over NYC, but failures usually get fixed before they get worse
By Catherina GioinoJuly 8, 2026
Vets issue urgent warning to pet owners as flesh-eating screwworm spreads through Texas and New Mexico
Health
Vets issue urgent warning to pet owners as flesh-eating screwworm spreads through Texas and New Mexico
By John Hanna and The Associated PressJuly 8, 2026
‘Project 2029’ floats free child care—or $1,000 to stay home
Politics
‘Project 2029’ floats free child care—or $1,000 to stay home
By Simone Foxman and BloombergJuly 8, 2026
a man having chair still by the window in the office
Economy
Labor force participation falls to 61.5%, the lowest in 50 years outside COVID, and economists say it’s not just people giving up
By Catherina GioinoJuly 8, 2026
Kevin Warsh buried an unusual, unhedged promise in his first Fed minutes—and one economist says it’s the strongest signal in the document
Banking
Kevin Warsh buried an unusual, unhedged promise in his first Fed minutes—and one economist says it’s the strongest signal in the document
By Catherina GioinoJuly 8, 2026
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Success
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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