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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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Facing a decadeslong shortage, the FAA has now hired more than 2,000 air traffic controllers after its campaign recruiting Gen Z video gamers

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Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out

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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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Facing a decadeslong shortage, the FAA has now hired more than 2,000 air traffic controllers after its campaign recruiting Gen Z video gamers

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Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out
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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
pn
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
Photo of Selena Gomez
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
Liability vs. full coverage insurance: What’s the difference?
Personal Finance
Liability vs. full coverage insurance: What’s the difference?
By Joseph HostetlerAugust 14, 2026
Actual cash value vs. replacement cost: What’s the difference?
Personal Finance
Actual cash value vs. replacement cost: What’s the difference?
By Joseph HostetlerAugust 14, 2026
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
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Photo: President Trump.
Economy
Wall Street expects Trump’s Fed plot to ‘backfire’ spectacularly—perhaps even shutting the door more firmly on rate cuts
By Eleanor PringleJanuary 13, 2026
A person in a hoodie holding a credit card.
Cybersecurity
Consumers lost $12.5 billion to fraud last year, and AI-powered scams are set to explode in 2026, Experian warns
By Amanda GerutJanuary 13, 2026
President Donald Trump pointing in front of American flags.
Politics
Defense companies like RTX and Anduril are feeling the heat on pay and stock buybacks after Trump’s executive order
By Amanda GerutJanuary 13, 2026
Exxon Mobil CEO Darren Woods, seated to the right, listens as U.S. President Donald Trump, left, speaks during a meeting with oil company executives in the East Room of the White House in Washington, DC on Jan. 9, 2026. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. U.S. forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on Jan. 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
Energy
Trump threatens to keep ‘too cute’ Exxon out of Venezuela after CEO provides reality check on ‘uninvestable’ industry
By Jordan BlumJanuary 12, 2026
Former New York Mayor Eric Adams has a new act as a crypto entrepreneur—though details of his ‘NYC Token’ remain vague
Crypto
Former New York Mayor Eric Adams has a new act as a crypto entrepreneur—though details of his ‘NYC Token’ remain vague
By Leo Schwartz and Ben WeissJanuary 12, 2026
ali
Politics
Muhammad Ali once joked he should be on a stamp because ‘that’s the only way I’ll ever get licked.’ Wish granted
By Susan Haigh and The Associated PressJanuary 12, 2026
mackenzie
Politics
Billionaire philanthropist MacKenzie Scott donates $45 million to LGBTQ+ youth hotline organization, The Trevor Project
By Thalia Beaty and The Associated PressJanuary 12, 2026
vervet
Law
Monkeys are on the loose in St. Louis, and AI-generated jokes are just slowing down animal control’s primate chase
By Heather Hollingsworth and The Associated PressJanuary 12, 2026
Photo of David Ellison
Law
Paramount fires back at Warner Bros. bid, launching proxy fight for board seats at annual meeting
By Jake AngeloJanuary 12, 2026
An anonymous Polymarket trader made $400,000 betting on Maduro’s downfall—and now Washington wants answers
Crypto
An anonymous Polymarket trader made $400,000 betting on Maduro’s downfall—and now Washington wants answers
By Leo SchwartzJanuary 12, 2026
Illustration of Elon Musk in front of the xAI logo.
AI
U.K. investigation into X over allegedly illegal deepfakes risks igniting a free speech battle with the U.S.
By Beatrice NolanJanuary 12, 2026
The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed
Economy
The FOMC has the power to pick its own chair and could keep Powell—unless the DOJ probe and Supreme Court let Trump oust him from the Fed
By Jason MaJanuary 12, 2026
Jerome Powell adjusts his glasses, looking to his left.
Economy
Goldman Sachs top economist says Powell probe won’t change the Fed: ‘Decisions are going to be made based on employment and inflation’
By Sasha RogelbergJanuary 12, 2026
paramount
Commentary
A cautionary Hollywood tale: the Ellisons’ lose-lose Paramount positioning
By Jeffrey Sonnenfeld and Stephen HenriquesJanuary 12, 2026
Walken
Commentary
Molson Coors CEO: We’re doing our part to solve society’s ‘occasion problem’ – and we’re getting some unexpected help
By Rahul GoyalJanuary 12, 2026
U.S. President Donald Trump
Economy
Treasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
Photo: Jerome Powell
Economy
‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independence
By Jim EdwardsJanuary 12, 2026
Malaysia and Indonesia move to ban Musk’s Grok AI over sexually explicit deepfakes
AI
Malaysia and Indonesia move to ban Musk’s Grok AI over sexually explicit deepfakes
By Angelica AngJanuary 12, 2026
powell/trump
Economy
Stock futures slide while gold and silver jump after Powell investigation raises fears over the Fed’s independence
By Eva RoytburgJanuary 11, 2026
DOJ probe on Powell draws swift backlash from Congress as key GOP senator says he won’t confirm anyone for the Fed until case is resolved
Economy
DOJ probe on Powell draws swift backlash from Congress as key GOP senator says he won’t confirm anyone for the Fed until case is resolved
By Jason MaJanuary 11, 2026
Powell blasts DOJ criminal probe as attack on Fed independence. ‘Public service sometimes requires standing firm in the face of threats’
Economy
Powell blasts DOJ criminal probe as attack on Fed independence. ‘Public service sometimes requires standing firm in the face of threats’
By Jason MaJanuary 11, 2026
Oil prices rise as bloody crackdown on Iran protests suggests Tehran fears a ‘dire security threat to the regime’ with loyalty of forces in doubt
Energy
Oil prices rise as bloody crackdown on Iran protests suggests Tehran fears a ‘dire security threat to the regime’ with loyalty of forces in doubt
By Jason MaJanuary 11, 2026
Iran edges closer to a revolution that would reshape the world
Politics
Iran edges closer to a revolution that would reshape the world
By Paul Wallace, Golnar Motevalli, Fiona MacDonald, Ben Bartenstein, Peter Martin and BloombergJanuary 11, 2026
A smartphone displaying the app icon for Anthropic AI chatbot Claude displayed against a backdrop that also says "Claude."
AI
Anthropic unveils Claude for Healthcare, expands life science features, and partners with HealthEx to let users connect medical records
By Jeremy KahnJanuary 11, 2026
Reference to Trump’s impeachments is removed from Smithsonian portrait display—while Clinton’s and Andrew Johnson’s still remain
Politics
Reference to Trump’s impeachments is removed from Smithsonian portrait display—while Clinton’s and Andrew Johnson’s still remain
By Bill Barrow, Anna Johnson and The Associated PressJanuary 11, 2026
Hundreds more federal agents heading to Minnesota, Noem says
Politics
Hundreds more federal agents heading to Minnesota, Noem says
By Maria Paula Mijares Torres and BloombergJanuary 11, 2026
Britain is in talks with NATO to boost Arctic security, agreeing with Trump on Russia and China risks as he continues to eye Greenland
Europe
Britain is in talks with NATO to boost Arctic security, agreeing with Trump on Russia and China risks as he continues to eye Greenland
By Brian Melley and The Associated PressJanuary 11, 2026
A Supreme Court ruling that strikes down Trump’s tariffs would be the fastest way to revive the stalling job market, top economist says
Economy
A Supreme Court ruling that strikes down Trump’s tariffs would be the fastest way to revive the stalling job market, top economist says
By Jason MaJanuary 11, 2026
Iran’s $7 monthly payments fail to ease spiraling economic unrest as Trump weighs military options against Tehran a week after Venezuela raid
Middle East
Iran’s $7 monthly payments fail to ease spiraling economic unrest as Trump weighs military options against Tehran a week after Venezuela raid
By Jason MaJanuary 11, 2026
Trump vows to protect Venezuela and warns Maduro ally Cuba ‘I strongly suggest they make a deal, BEFORE IT IS TOO LATE’
Politics
Trump vows to protect Venezuela and warns Maduro ally Cuba ‘I strongly suggest they make a deal, BEFORE IT IS TOO LATE’
By Seung Min Kim and The Associated PressJanuary 11, 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
Politics
Facing a decadeslong shortage, the FAA has now hired more than 2,000 air traffic controllers after its campaign recruiting Gen Z video gamersplaceholder alt text
By Sasha RogelbergAugust 14, 2026
Economy
Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting outplaceholder alt text
By Jason MaAugust 14, 2026
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