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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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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
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
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
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
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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
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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
‘I’m just stuck’: Meet the former OpenAI researcher sitting on $700K of equity that he says is overvalued

Andrew Ho worked at OpenAI for eight months but said he had to leave after realizing how tremendously overvalued the AI labs are. And he doesn’t think it’s a bubble.

By Eva RoytburgJuly 30, 2026
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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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Current refi mortgage rates report for July 31, 2026
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Mortgage rates today, July 31, 2026
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Mortgage rates today, July 31, 2026
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Dow’s brand-new CEO is blessed to be stressed
By Emma HinchliffeJuly 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
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
Success
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
By Sydney LakeJuly 30, 2026
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Environment
Albanian protesters are furious about a giant development on a virgin beach that Jared Kushner and Ivanka Trump discovered on vacation
By Zana Cimili and The Associated PressJune 4, 2026
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Arts & Entertainment
‘My first response is, it started in 1968 — not a bad run’: Some see the death of 60 Minutes after Pelley’s firing, ‘murder’ comments
By Jocelyn Noveck and The Associated PressJune 4, 2026
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Health
Flesh-eating fly found in Texas cattle for first time in decades
By The Associated PressJune 4, 2026
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Law
Scott Bessent on whether Trump is immune from IRS audits: ‘I’m unable to comment on ongoing litigation’
By Fatima Hussein and The Associated PressJune 4, 2026
The SpaceX logo is displayed on the screen of a smartphone placed on a reflective surface onto which a stock market chart is projected.
Newsletters
Why SpaceX is breaking the IPO playbook with a $75 billion fixed-price offering
By Sheryl EstradaJune 4, 2026
BT’s CEO is bringing football logic to Britain’s digital future
Europe
BT’s CEO is bringing football logic to Britain’s digital future
By Francesca CassidyJune 4, 2026
What Alix Earle knows about business that many of my Harvard Business School students don’t get
Commentary
What Alix Earle knows about business that many of my Harvard Business School students don’t get
By Reza SatchuJune 4, 2026
Itai Ben-Zaken poses with his arms crossed while wearing a suit.
Startups & Venture
Exclusive: Investors bet $40 million on Honeycomb’s no-inspection landlord insurance AI
By Lily Mae LazarusJune 4, 2026
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC.
Big Tech
Buried in SpaceX’s IPO: a Tesla merger clue and a $3.75 billion insider windfall for friends and family
By Jim EdwardsJune 4, 2026
CEO says anyone who works from home is grabbing groceries or at the vet 30% of the time—and shows off his busy office at Friday 5 p.m. to prove it
Success
CEO says anyone who works from home is grabbing groceries or at the vet 30% of the time—and shows off his busy office at Friday 5 p.m. to prove it
By Orianna Rosa RoyleJune 4, 2026
A single new sentence in SpaceX’s amended IPO filing could signal the biggest merger in history
Startups & Venture
A single new sentence in SpaceX’s amended IPO filing could signal the biggest merger in history
By Shawn TullyJune 4, 2026
Inside the $9 billion World Cup: How Gianni Infantino built a FIFA-dom with a tight grip on soccer’s biggest global event
Magazine
Inside the $9 billion World Cup: How Gianni Infantino built a FIFA-dom with a tight grip on soccer’s biggest global event
By Vivienne WaltJune 4, 2026
paceX and Tesla founder Elon Musk speaks during an America PAC town hall on October 26, 2024 in Lancaster, Pennsylvania.
Health
SpaceX reveals its share price and record valuation: 555.6 million shares at $135 apiece, at a $1.77 trillion valuation
By Eva RoytburgJune 3, 2026
U.S. President Donald Trump gestures as he addresses a joint session of Congress at the U.S. Capitol on March 04, 2025 in Washington, DC.
Politics
Republicans defy Trump in shock move, passing resolution in Congress to limit Iran war powers
By Lisa Mascaro and The Associated PressJune 3, 2026
This NYC bar just covered everyone’s tabs because the Knicks won, and used Kalshi to hedge their bets
Investing
This NYC bar just covered everyone’s tabs because the Knicks won, and used Kalshi to hedge their bets
By Catherina GioinoJune 3, 2026
ns
Politics
Nick Saban to Congress: college sports is the biggest, baddest Ferrari’ going 150 mph toward the Grand Canyon. ‘Somebody needs to tap the brakes’
By Joey Cappelletti, Eddie Pells and The Associated PressJune 3, 2026
SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later
Startups & Venture
SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later
By Marco Quiroz-GutierrezJune 3, 2026
Sallie Mae Private Student Loans review
Personal Finance
Sallie Mae Private Student Loans review
By Joseph HostetlerJune 3, 2026
pratt
Politics
‘I hope she’s ready’: Spencer Pratt throws down the gauntlet to Karen Bass
By The Associated PressJune 3, 2026
Kumo AI cofounders standing in a line. From left: Vanja Josifovski, Hema Raghavan, and Jare Leskovec.
Startups & Venture
Exclusive: Nvidia snaps up Kumo AI in latest acquisition
By Sharon GoldmanJune 3, 2026
Polymarket cuts ties with former Rep. George Santos as feds investigate if he illegally bet against his own actions on Kalshi
Politics
Polymarket cuts ties with former Rep. George Santos as feds investigate if he illegally bet against his own actions on Kalshi
By The Associated Press and Jake OffenhartzJune 3, 2026
ee
North America
NASA says the elephant-sized meteor that landed on New England is totally normal
By Hallie Golden and The Associated PressJune 3, 2026
ll
Politics
An Iowa farm has been in his family for a century. He just beat Trump’s pick by running against pesticides and big ag
By Hannah Fingerhut, Ali Swenson and The Associated PressJune 3, 2026
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Politics
The two most powerful conferences in college sports just pulled the rug on Congress
By Eddie Pells and The Associated PressJune 3, 2026
pox
North America
Two government virologists smuggled Mpox vials into the U.S. It’s not clear why
By Ed White and The Associated PressJune 3, 2026
rr
North America
Support for same-sex marriage hits lowest point in years as GOP acceptance collapses, Gallup finds
By Geoff Mulvihill, Amelia Thomson-Deveaux and The Associated PressJune 3, 2026
t
Politics
Tariff man rides again as Trump slaps 10% duties on key trading partners — except the ones who get 12.5%
By The Associated PressJune 3, 2026
t
North America
$215 million later, Tom Steyer is running third. California’s Governor race is still anyone’s
By Sophie Austin and The Associated PressJune 3, 2026
These Fortune 500 companies are bigger than most national economies—here’s where they’d rank as countries
Big Tech
These Fortune 500 companies are bigger than most national economies—here’s where they’d rank as countries
By Catherina GioinoJune 3, 2026
ste
Economy
OECD warns of ‘scarring effects,’ recession scenarios—but finds ‘no signs of widespread labour displacement’ from AI
By Nick LichtenbergJune 3, 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
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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
By Catherina GioinoJuly 30, 2026
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