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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
MPWMost Powerful Women

These 11 Powerful Women Are on Our Radar

Fortune Editors
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Fortune Editors
Fortune Editors
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Fortune Editors
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Fortune Editors
Fortune Editors
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September 8, 2016, 1:28 PM ET
Marissa Mayer Delivers Keynote At Yahoo Mobile Developers Conference
SAN FRANCISCO, CA - FEBRUARY 18: Yahoo! President and CEO Marissa Mayer delivers a keynote during the Yahoo Mobile Developers Conference on February 18, 2016 at The Masonic in San Francisco, California. Yahoo has recently announced a 15 percent reduction of its global workforce as the company continues to struggle in the rapidly-changing tech landscape. (Photo by Stephen Lam/Getty Images)Stephen Lam — Getty Images
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See who did make our Most Powerful Women list here.

Alicia Boler-Davis
EVP, Global Manufacturing, GM (GM)

General Motors Senior Vice President Global Connected Customer E
Alicia Boler-DavisJohn F. Martin for General Motor

Boler-Davis, a rising star, was named head of all manufacturing at GM in June and reports directly to CEO Mary Barra.


Mary Dillon
CEO, Ulta Beauty (ULTA)

Mary DillonRebecca Greenfield for Fortune

Under Dillon, Ulta just keeps growing; it reported comparable sales jump of 11.8% last year despite opening 100 new stores.


Sona Chawla/Michelle Gass
COO/Chief Merchandising & Customer Officer, Kohl’s (KSS)

Sona ChawlaCourtesy of Kohl’s
Courtesy of Kohl's
President of Starbucks Corp's EMEA Region
Michelle GassChris Ratcliffe — Bloomberg via Getty Images
Chris Ratcliffe — Bloomberg via Getty Images

Untitled-1
The pressure is on the two vying to succeed Kevin Mansell as CEO after reinvention efforts have stalled.


Carolyn Everson
VP, Global Marketing Solutions, Facebook (FB)

AWXII - Day 1
Carolyn EversonD Dipasupil — Getty Images for AWXII

Everson is on a tear as Facebook continues to kill it in advertising—in which she has been a force since 2011.


Gloria Flach
COO, Northrop Grumman (NOC)

Photo Release -- Northrop Grumman Breaks Ground on New Space Assembly and Test Facility
Gloria Flach, second from leftNorthrop Grumman Corp./Globe Newswire

Flach’s promotion this year signals that she could be the next CEO of the $23.5 billion defense contractor.


Diane Green
SVP, Enterprise, Google (GOOGL)

Diane Greene, VMware co-founder and Google's recently appointed enterprise chief.
Diane Greene, VMware co-founder and Google’s recently appointed enterprise chief.Photograph by Benjamin Rasmussen for Fortune

As the new cloud-computing czar, VMware founder Greene now takes on Amazon and Microsoft.


Lisa Jackson
VP, Environment, Policy and Social Initiatives, Apple (AAPL)

Apple Invests in Compton's Schools
Lisa Jackson, rightLester Cohen — Getty Images for Beats By Dre

Former EPA chief Jackson heads clean-energy efforts. She’s close to CEO Tim Cook.


Sukanya Madlinger
SVP, Retail Divisions, Kroger (KR)

Promoted last September, Madlinger oversees nine divisions that bring in more than $41 billion in sales.


Anna Manning
President, Reinsurance Group of America (RGA)

RADAR MPW 2016 — Anna Manning
Anna ManningGreg Rannells

Manning, currently president of the $10.4 billion ­reinsurer, will take over as CEO in ­January 2017.


Marissa Mayer
CEO, Yahoo (YHOO)

 Delivers Keynote At Yahoo Mobile Developers Conference
Marissa MayerStephen Lam — Getty Images

Mayer sold to Verizon after a failed turnaround. It’s unclear what’s next for the high-profile, highly paid CEO.

A version of this article appears in the September 15, 2016 issue of Fortune with the headline “50 Most Powerful Women.”

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