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Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others think

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U.S. set to pay most for 30-year debt in quarter of a century

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Gates Foundation's $540 million gift to science comes as the federal government pulls back on funding

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Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others think

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U.S. set to pay most for 30-year debt in quarter of a century

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Gates Foundation's $540 million gift to science comes as the federal government pulls back on funding
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Law
Politics
Donald Trump and Scott Bessent sit next to each other.
‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse

The Trump administration is cracking down on foreign importers of record behind the evasion—which China is at the center of.

By Sasha RogelbergAugust 14, 2026
Luigi Mangione pleads guilty in killing of UnitedHeathcare CEO. ‘I shot Mr. Thompson in Manhattan and he died’
Luigi Mangione pleads guilty in killing of UnitedHeathcare CEO. ‘I shot Mr. Thompson in Manhattan and he died’
By Catherina GioinoAugust 14, 2026
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Peter Navarro rips into China in White House report that is more about other countries aiding tariff avoidance
By The Associated Press and Josh BoakAugust 14, 2026
Sean Duffy speaks behind a podium. An American flag hangs behind him.
Facing a decadeslong shortage, the FAA has now hired more than 2,000 air traffic controllers after its campaign recruiting Gen Z video gamers
By Sasha RogelbergAugust 14, 2026
Photo of Trump
Trump’s ‘Golden Age’ economy pitch fizzles with midterm voters
By Josh Wingrove, Mark Niquette, Catherine Lucey and BloombergAugust 14, 2026
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Selena Gomez accused of fraud by mental-health startup investors
By Sabrina Willmer, David Voreacos and BloombergAugust 14, 2026
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Law
More in Law
Randall Lane probably didn’t break the law by accepting $6 million while working at Forbes, but he may still pay a price under a 140-year-old doctrine
Randall Lane probably didn’t break the law by accepting $6 million while working at Forbes, but he may still pay a price under a 140-year-old doctrine

A New York legal doctrine requiring employee loyalty could pose more risk to the fired Forbes editor than any criminal exposure.

By Catherina GioinoAugust 14, 2026
Philanthropy’s best-kept secret: the more you have, the less you’re required to give

The 50 largest private foundations in America hold more than $535 billion between them, obliged o distribute 5% each year, a minimum unchanged since 1969.

By Vandana ArcotAugust 14, 2026
Trump’s tariff was a $1,000 tax on you last year. This year, maybe you’ll get a small refund in your bank account

FedEx, UPS and DHL are refunding tariffs directly after courts struck down Trump’s import taxes, but most retailers plan to cut prices instead.

By Mae Anderson and The Associated PressAugust 13, 2026
Trump sued over ‘selling priority access to news he himself generates for the benefit of a private company he controls’

Press freedom groups say Trump Media’s Truth API violates the First and Fifth Amendments by giving traders early access to market-moving posts

By Bernard Condon and The Associated PressAugust 13, 2026
More in Law
Politics
More in Politics
Photo of Jared Kushner
Trump’s ‘Board of Peace’ with Jared Kushner, Tony Blair heads to Middle East to salvage Gaza peace deal

Kushner and Blair arrive in Israel Sunday, then Cairo, after Netanyahu rejected Hamas disarmament terms Trump brokered

By Matthew Lee and The Associated PressAugust 14, 2026
Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’ 

The travel industry, like every sector, is experimenting with the best use cases for AI. Fogel is working towards a world where tourism becomes an intelligence system in its own right

By Kamal AhmedAugust 14, 2026
Prediction markets’ reputation comes back to earth after surprise result in Wisconsin

Kalshi and Polymarket gave Francesca Hong roughly a 95% chance of winning on the eve of the primary, before David Crowley’s upset.

By Camila Grigera NaónAugust 13, 2026
The electric shock gloves ICE is spending up to $20 million on are already being given to police officers in Omaha public schools

The Omaha Police Department was awarded more than $65,000 for 40 pairs of the gloves in May 2025.

By Sasha RogelbergAugust 13, 2026
More in Politics
Latest stories from Fortune
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Ray-Ban Display AI glasses during the Meta Connect event.
Cybersecurity
People are going to extreme lengths to stop themselves from being filmed through Meta’s ‘pervert glasses’
By Joshua HongAugust 14, 2026
The exec behind YouTube Shorts says ‘decision fatigue’ is driving people to watch short-form video on their living room TVs
Newsletters
The exec behind YouTube Shorts says ‘decision fatigue’ is driving people to watch short-form video on their living room TVs
By Emma HinchliffeAugust 14, 2026
Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out
Economy
Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out
By Jason MaAugust 14, 2026
AT&T’s CMO tied ‘brand love’ to the numbers CEOs care about. Customers are 3 times less likely to leave and much cheaper to acquire
C-Suite
AT&T’s CMO tied ‘brand love’ to the numbers CEOs care about. Customers are 3 times less likely to leave and much cheaper to acquire
By Ruth UmohAugust 14, 2026
Scott Kirby
Success
United CEO Scott Kirby tells Gen Z interns to ditch excuses—it’s a mantra he learned in Air Force training: ‘Figure out how to overcome it’
By Preston ForeAugust 14, 2026
Meet a 29-year-old influencer who calls herself a tradwife—but she’s really more of a homesteader
Success
Meet a 29-year-old influencer who calls herself a tradwife—but she’s really more of a homesteader
By Tatiana SatauaAugust 14, 2026
Tesla CEO Elon Musk
Success
Elon Musk’s $158 billion Tesla pay was 2.5 million times his workers’ salary last year—it’s ‘unlike anything we have seen before,’ exec pay watch says
By Emma BurleighAugust 14, 2026
The E*TRADE logo on a green layered background.
Personal Finance
E*TRADE CD rates 2026
By Joseph HostetlerAugust 14, 2026
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‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?  
Europe
‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?  
By Kamal AhmedAugust 7, 2026
Ben Cohen speaking at SXSW London 2026, wearing a "Yo Magnum, Free Ben & Jerry's" button on his shirt pocket.
C-Suite
‘They ain’t got no soul’: How a Ben & Jerry’s cofounder became his own company’s biggest critic 
By Sam BirchallAugust 7, 2026
U.S. puts $25 million bounty on new leader of Mexico’s most powerful cartel
North America
U.S. puts $25 million bounty on new leader of Mexico’s most powerful cartel
By Megan Janetsky and The Associated PressAugust 6, 2026
RWE’s $1.22B exit marks the latest in Trump’s billion-dollar offshore wind buyouts—now topping $3B to redirect developers to fossil fuels
Energy
RWE’s $1.22B exit marks the latest in Trump’s billion-dollar offshore wind buyouts—now topping $3B to redirect developers to fossil fuels
By Jordan BlumAugust 6, 2026
Are you committing tax fraud? New York Gov. Kathy Hochul’s about to find out, all thanks to the pied-à-terre tax rollout
Real Estate
Are you committing tax fraud? New York Gov. Kathy Hochul’s about to find out, all thanks to the pied-à-terre tax rollout
By Catherina GioinoAugust 6, 2026
FIFA apologizes for failed Infantino bid to sell the World Cup to Trump’s in-laws, but throws ‘full support’ behind his continued presidency
C-Suite
FIFA apologizes for failed Infantino bid to sell the World Cup to Trump’s in-laws, but throws ‘full support’ behind his continued presidency
By James Robson and The Associated PressAugust 6, 2026
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Politics
After Michigan, the Democratic Party’s Civil War moves next door to Wisconsin
By Scott Bauer and The Associated PressAugust 6, 2026
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Politics
Senate panel to vote on Fauci contempt claim, whether to refer to DOJ for prosecution
By Eric Tucker and The Associated PressAugust 6, 2026
Bernie Sanders hails Michigan result as ‘most extraordinary victory that I can think of in modern American politics’
Politics
Bernie Sanders hails Michigan result as ‘most extraordinary victory that I can think of in modern American politics’
By Joey Cappelletti and The Associated PressAugust 6, 2026
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North America
America’s appetite for avocados threatened as $5 million capture of ‘El Poncho’ threatens $3.65 billion market
By María Verza and The Associated PressAugust 6, 2026
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Politics
Elizabeth Warren demands answers on the National Guard deployment, and finds the cost: $1.4 billion
By Gary Fields, Lisa Mascaro and The Associated PressAugust 6, 2026
mamdani
Retail
Mamdani rejects his own aide’s comment that ID card may be needed for NYC-owned grocery: ‘no matter what you’ve just heard in the news’
By Melissa Goldin and The Associated PressAugust 6, 2026
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Cybersecurity
Iranian hackers and America’s Achilles heel on water: default passwords
By William Akoto and The ConversationAugust 5, 2026
cavender
Success
5 years after NIL began, college coaches still out-earn the athletes they coach
By Brennan Berg and The ConversationAugust 5, 2026
erica
Politics
Third time’s a charm for CDC director as Senate finally confirms Erica Schwartz as new agency head
By Mike Stobbe and The Associated PressAugust 5, 2026
After months of a public back and forth over Mamdani’s pied-à-terre tax, Ken Griffin isn’t ready to give up on New York after all
C-Suite
After months of a public back and forth over Mamdani’s pied-à-terre tax, Ken Griffin isn’t ready to give up on New York after all
By Joshua HongAugust 5, 2026
epstein
Law
New Mexico AG accuses Todd Blanche of sitting on the names of more Epstein victims
By Savannah Peters and The Associated PressAugust 5, 2026
a
Politics
After losing to Whitmer by 21 points, El-Sayed triumphs in Michigan and shocks Democratic Party
By Joey Cappelletti, Jacqueline Ganun and The Associated PressAugust 5, 2026
A worker reacts near a line of humanoid robots displayed at the World AI Conference in Shanghai.
Asia
‘No choice but to take necessary countermeasures’: China imposes sanctions on Washington in retaliation to U.S. trade restrictions
By The Associated Press, Huizhong Wu and Kanis LeungAugust 5, 2026
US hedge fund manager Bill Ackman, CEO of Pershing Square Capital Management, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 4, 2026.
Real Estate
‘Socialism is a disaster’: Bill Ackman says Zohran Mamdani’s bad left-wing housing policy is worsening New York’s affordability crisis
By Nick LichtenbergAugust 5, 2026
Scott Bessent stands outside wearing a suit, his hands pressed together as he speaks.
North America
The Trump administration has doled out $100 billion in tariff refunds, but Americans are suing U.S. companies for not seeing a penny of the returns
By Sasha RogelbergAugust 5, 2026
Photo of Trump
Politics
Trump claims — yet again — that a deal to reopen Hormuz is close
By The Associated Press, Elena Becatoros, Samy Magdy and Darlene SupervilleAugust 5, 2026
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
Magazine
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
By Beatrice NolanAugust 5, 2026
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
Politics
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
By Sydney LakeAugust 5, 2026
Europe’s tech sovereignty is facing its biggest test yet
Magazine
Europe’s tech sovereignty is facing its biggest test yet
By Sam ForsdickAugust 5, 2026
New York Attorney General Letitia James looks to her right at a news conference.
Law
20 states and DC sue as Trump moves to share low-income families’ data with immigration authorities
By The Associated Press and Anthony IzaguirreAugust 4, 2026
US President Donald Trump speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House.
Asia
Trump claims he’s talking with Iran as they hold talks with other nations
By The Associated Press, Samy Magdy, Elena Becatoros and Josh BoakAugust 4, 2026
Sam Altman and Tim Cook.
Big Tech
OpenAI fires back at Apple, publishing private emails to counter trade-secret claims
By Beatrice NolanAugust 4, 2026
President Donald Trump looks on during an announcement.
Crypto
‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency
By Joshua HongAugust 4, 2026
d
Commentary
Why Paramount might win its case and still run out of time to acquire Warner Bros. Discovery
By Paul HardartAugust 4, 2026
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Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others thinkplaceholder alt text
By Orianna Rosa RoyleAugust 14, 2026
Economy
U.S. set to pay most for 30-year debt in quarter of a centuryplaceholder alt text
By Greg Ritchie and BloombergAugust 13, 2026
Success
Gates Foundation's $540 million gift to science comes as the federal government pulls back on fundingplaceholder alt text
By Sydney LakeAugust 12, 2026
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