![Target COO Michael Fiddelke poses for a portrait at Target headquarters in Minneapolis, MN on Tuesday, June 24, 2025. ] Elizabeth Flores • liz.flores@startribune.com](https://fortune.com/img-assets/wp-content/uploads/2025/08/GettyImages-2230828352_85b5ca.jpg?w=1440&q=75)
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- Term SheetExclusive: Twin Health, metabolic health startup, raises $53 million Series E at $950 million valuation
- Fortune TechGoogle unveils its $1,799 Pixel 10 Pro Fold
- CIO IntelligenceWhy the NFL drafted Microsoft’s gen AI for the league’s next big play
- MPW DailyWatch Melinda French Gates’ full interview about the future of global health and philanthropy
- CFO DailyHome Depot’s pricing strategy to balance margins and customer loyalty, says analyst
- Term SheetWith its hire of top Trump crypto official Bo Hines, the stablecoin giant Tether is trying to outrun its past
From the magazine
Magazine
Alexandr Wang is now leading Meta’s AI dream team. Will Mark Zuckerberg’s big bet pay off?
Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a powerhouse team tasked with achieving superintelligence—and outpacing rivals like OpenAI and Google. No pressure.
Fortune rankings
100 Most Powerful People in Business
August 5, 2025
Fortune Global 500
July 29, 2025
Fortune 500
June 2, 2025
Most Powerful Women
May 20, 2025
The Gates Foundation sets a deadline
Magazine
Bill Gates’ $200 billion moonshot: Inside the biggest bet on humanity a philanthropist has ever made
The Gates Foundation will spend $200 billion in an all-out effort to cure the diseases that affect the poor around the world. Then the largest private foundation in the world will shut its doors.
By Geoff Colvin
Commentary
- return to officeThe Great Resentment: Bosses are lording over workers as revenge for the Great Resignation when they had to hand out once-in-a-generation raises
- Artificial IntelligenceGPT-5 is getting all the buzz. But the new open models of AI matter more
- Artificial IntelligenceFormer SEC commissioner and AI CEO: An AI-enabled future is inspiring, but it takes planning and work
- LeadershipCEOs of the world, unite!
- ConsultingI went to Davos and Burning Man months apart. Here’s what their similarities taught me about navigating a ‘BANI’ world
- cyberFormer FBI cyber leader: The cybersecurity law that’s quietly keeping America safe is about to expire
Topics
Environment
Calling the Post Office’s switch to EVs a ‘textbook example of waste,’ GOP wants to waste millions of dollars already spent on transition
Instead of a $50,000 solar panel on your roof, how about a $2,000 one small enough to fit on your deck? ‘We thought absolutely, let’s do this right away’
Oil and fuel prices hang in the balance as Trump and Putin meet to broker peace
Finance
CEOs at America’s 100 largest low-wage employers are paid 632 times more than the average worker, study finds
Earn up to 5.00% APY on the best high-yield savings account today, Aug. 21, 2025
Invest in CDs now to get up to 4.45% APY. Here are the best CD rates for Aug. 21, 2025
Health
The exact salary the ultra-wealthy say they’d need to feel ‘comfortable’ in the current climate has been revealed—and it starts at $500,000
This millennial gut health scientist and founder juggles 5 jobs and 2 kids—she has a ‘strict’ coffee routine and swears by $20-a-day lunch habit
Asia’s elderly risk getting sicker for longer. Hotelier Allen Law wants to ‘bridge the gap’ between lifespan and healthspan
Leadership
CEOs at America’s 100 largest low-wage employers are paid 632 times more than the average worker, study finds
This Gen Zer washed his college basketball team’s dirty clothes to prove his passion—now he’s one of the youngest interns ever at the NBA
How Target let Walmart steal its rizz
Lifestyle
This Gen Zer washed his college basketball team’s dirty clothes to prove his passion—now he’s one of the youngest interns ever at the NBA
A 22-year-old made up a line dance on his lunch break. Then Beyoncé adopted it and now he’s got a new career
Chronically delayed flight parked in Boise spurs jazz band to jam in the aisle: ‘You could just feel the energy. Everybody was so frustrated’
Personal Finance
Earn up to 5.00% APY on the best high-yield savings account today, Aug. 21, 2025
Invest in CDs now to get up to 4.45% APY. Here are the best CD rates for Aug. 21, 2025
Current ARM mortgage rates report for Aug. 21, 2025
Politics
Trump calls on Fed governor to resign after cabinet member raises accusation of mortgage fraud
Trump once again gets fresh ammunition in his fight with the Fed, calling on Governor Lisa Cook to resign over mortgage-fraud claims
CEOs of the world, unite!
Retail
Wayfair CFO says sellers on the company’s $12 billion marketplace are trying to ‘insulate’ customers from tariffs
Novo Nordisk slashes price of Ozempic in half to $499 for cash-paying, eligible U.S. patients
Liquid Death brand partnerships are like taking the ‘Saturday Night Live’ stage, exec says
Tech
CEOs at America’s 100 largest low-wage employers are paid 632 times more than the average worker, study finds
Wall Street is scared that we’re looking at the end of the Fed’s independence
Exclusive: Twin Health, metabolic health startup, raises $53 million Series E at $950 million valuation
Success
This Gen Zer washed his college basketball team’s dirty clothes to prove his passion—now he’s one of the youngest interns ever at the NBA
A 22-year-old made up a line dance on his lunch break. Then Beyoncé adopted it and now he’s got a new career
Target’s incoming CEO started as a summer intern 20 years ago—he tells Gen Zers to embrace feedback if they want to climb the ladder like he did