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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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Big Tech
Amazon’s $25 billion ‘surprise’ bond sale dangled extra yield to lure in buyers—and flashed a warning sign about the AI boom
By Amanda GerutJuly 8, 2026
The Best Rowing Machines (2026): Trainer Tested and Approved
Health
The Best Rowing Machines (2026): Trainer Tested and Approved
By Christina SnyderJuly 8, 2026
How climate change could raise your water bill
Environment
How climate change could raise your water bill
By Emma Court and BloombergJuly 8, 2026
Mitch McConnell’s Senate seat could sit empty for months—and a fast-approaching deadline is why
Politics
Mitch McConnell’s Senate seat could sit empty for months—and a fast-approaching deadline is why
By Bill Barrow and The Associated PressJuly 8, 2026
Trump loses bid to delay Carroll’s $5 million trial payout
Law
Trump loses bid to delay Carroll’s $5 million trial payout
By Erik Larson and BloombergJuly 8, 2026
Bezos’ Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters
Investing
Bezos’ Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters
By Mia OsmonbekovJuly 8, 2026
HBO Max’s ‘The Pitt’ and ‘Hacks’ lead among Emmy nominations
Arts & Entertainment
HBO Max’s ‘The Pitt’ and ‘Hacks’ lead among Emmy nominations
By Christopher Palmeri and BloombergJuly 8, 2026
New York’s congestion pricing shaved a minute off ambulance response times
North America
New York’s congestion pricing shaved a minute off ambulance response times
By Catherina GioinoJuly 8, 2026
Cathie Wood just bought the SpaceX dip again—and dumped Alibaba to do it
Investing
Cathie Wood just bought the SpaceX dip again—and dumped Alibaba to do it
By Marco Quiroz-GutierrezJuly 8, 2026
How Qualcomm’s CIO is placing big bets on AI to support the chip company’s diversification push
Newsletters
How Qualcomm’s CIO is placing big bets on AI to support the chip company’s diversification push
By John KellJuly 8, 2026
Jonathan Bensamoun (right) sits on a stool next to his German Shepherd
Innovation
Exclusive: Fi is bringing Starlink satellite technology to dog collars
By Lily Mae LazarusJuly 8, 2026
The billionaires’ ‘summer camp’ that media moguls built is now run by the tech titans trying to replace them
Big Tech
The billionaires’ ‘summer camp’ that media moguls built is now run by the tech titans trying to replace them
By Sydney LakeJuly 8, 2026
‘We’ll probably hit them hard again’: Trump warns Iran U.S. is preparing for more strikes following what he called the end of the ceasefire
Politics
‘We’ll probably hit them hard again’: Trump warns Iran U.S. is preparing for more strikes following what he called the end of the ceasefire
By The Associated Press, Jon Gambrell and Seung Min KimJuly 8, 2026
Andrew Forrest, chairman of Fortescue Metals Group Ltd., during a panel session at the World Economic Forum (WEF) Annual Meeting of the New Champions in Dalian, China, on Tuesday, June 23, 2026.
C-Suite
Mining CEO worth $24 billion nearly drowned and had to break his own leg in a freak hiking accident—he used the recovery time to go back to school
By Eleanor PringleJuly 8, 2026
‘They’re not freak occurrences’: Farmers grapple with protecting crops as heat waves and extreme weather become more frequent
Environment
‘They’re not freak occurrences’: Farmers grapple with protecting crops as heat waves and extreme weather become more frequent
By The Associated Press and Joshua A. BickelJuly 8, 2026
IMF expects modest 3% growth as the Iran war is dragging down the economy while AI is boosting it
Economy
IMF expects modest 3% growth as the Iran war is dragging down the economy while AI is boosting it
By The Associated Press and Paul WisemanJuly 8, 2026
Palmer Luckey wearing a lime green shirt with his hands up gesturing
Success
Anduril’s billionaire founder warns U.S. colleges are falling behind China—where students are learning AI. And it’s already ‘hollowed out’ companies
By Preston ForeJuly 8, 2026
Rilla CEO Sebastian Jimenez
Success
This CEO pays $1.7 million a year so employees can live in one of America’s most expensive neighborhoods
By Emma BurleighJuly 8, 2026
Chinese companies are ditching Nvidia’s advanced accelerators for domestic AI suppliers
Asia
Chinese companies are ditching Nvidia’s advanced accelerators for domestic AI suppliers
By Bloomberg and Gao YuanJuly 8, 2026
The U.S. Securities and Exchange Commission headquarters in Washington, D.C.
Banking
Thousands wrote to the SEC about quarterly reporting. A detailed letter came from Exxon’s CFO
By Sheryl EstradaJuly 8, 2026
Current price of Bitcoin for July 8, 2026
Personal Finance
Current price of Bitcoin for July 8, 2026
By Joseph HostetlerJuly 8, 2026
Current price of Ethereum for July 8, 2026
Personal Finance
Current price of Ethereum for July 8, 2026
By Joseph HostetlerJuly 8, 2026
Top CD rates from major banks July 8, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 8, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 8, 2026
Current price of oil as of July 8, 2026
Personal Finance
Current price of oil as of July 8, 2026
By Joseph HostetlerJuly 8, 2026
Jeremy Grantham, co-founder and chief investment strategist of GMO LLC, during an interview on an episode of Bloomberg Wealth with David Rubenstein in Boston, Massachusetts, US, on Thursday, Aug. 17, 2023.
Investing
Famed investor Jeremy Grantham says history will end up laughing at SpaceX, the ‘craziest IPO in the history of man’ that just joined the Nasdaq 100
By Eleanor PringleJuly 8, 2026
Meta chief AI officer Alexandr Wang
Newsletters
The 38-point framework two VCs use to spot the next unicorn founder
By Allie GarfinkleJuly 8, 2026
t
Commentary
AI is about to disrupt millions of jobs. A century ago, America’s answer was to build a new high school
By Tim KnowlesJuly 8, 2026
Multiple Nomagic robots working side by side, automating the packing of customer orders in e-commerce fulfillment.
AI
Nomagic’s new AI lab headed by former Google DeepMind researcher claims success in early deployment of ‘AI brain’ for warehouse robots
By Jeremy KahnJuly 8, 2026
amit
Commentary
Physical AI’s $50 trillion opportunity requires long-term conviction, but the payoff is huge 
By Amit ChaturvedyJuly 8, 2026
Asia’s super-aging societies are sparking a boom in high-end longevity clinics—even if ‘public enthusiasm’ is outpacing the science
Asia
Asia’s super-aging societies are sparking a boom in high-end longevity clinics—even if ‘public enthusiasm’ is outpacing the science
By Angelica AngJuly 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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