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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

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 millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

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
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U.S. Rep. Ted Lieu (D-CA) during the Democratic National Convention on August 22, 2024 in Chicago, Illinois. (Photo: Justin Sullivan/Getty Images)
An ‘AI Kill Switch Act,’ engaged

In today’s edition: AI Kill Switch Act, Apple-Ford maps deal, EU’s Google antitrust fine. Plus: Alphabet, Amazon, DeepSeek, Jeff Bezos, Intel, Meta, Microsoft, Tesla, Trump tariffs.

By Andrew NuscaJuly 24, 2026
nyse
AI doesn’t end scarcity. It relocates it
By François Candelon, Paul-Louis Andres and Augustin ManchonJuly 24, 2026
European travel platform Omio raises $10 million and buys Rail Europe as it chases Asia’s tourism market 
European travel platform Omio raises $10 million and buys Rail Europe as it chases Asia’s tourism market 
By Nicholas GordonJuly 24, 2026
AMD’s Lisa Su defends open-source AI following Hugging Face security breach caused by OpenAI agents
AMD’s Lisa Su defends open-source AI following Hugging Face security breach caused by OpenAI agents
By Sebastian HerreraJuly 23, 2026
Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
By Jordan BlumJuly 24, 2026
tokens
‘You just hired a million bad employees’: How the brief tokenmaxxing era delivered the opposite of what it promised
By Nick LichtenbergJuly 24, 2026
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Big Tech
More in Big Tech
Alphabet Inc. and Google CEO Sundar Pichai speaks during the inauguration of a Google Artificial Intelligence (AI) hub in Paris on February 15, 2024. (
AI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates it

The Mag7 had its worst day Thursday since the tariff-driven selloff last April.

By Eva RoytburgJuly 23, 2026
‘Call us whatever the hell you want’: Mark Zuckerberg just launched an AI optimism blitz using nostalgia to sell Meta’s AI future amid backlash

Marketing experts say Meta invokes Facebook-era optimism while leaving recent AI lawsuits and product backlash unaddressed.

By Mia OsmonbekovJuly 23, 2026
Alphabet’s SpaceX stake fuels a $98 billion gain, beating estimates

“Our AI investments are redefining what’s possible across every part of our business,” said CEO Sundar Pichai in a statement.

By Barbara Ortutay and The Associated PressJuly 23, 2026
OpenAI debuts ChatGPT Voice so you can have ongoing conversations, ask the AI to complete tasks while hands-free

OpenAI is leaning into voice technology, viewing it as a competitive advantage in a crowded field of AI model makers.

By Emily ForliniJuly 23, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Innovaccer's founders sit in chairs on a stage
Innovaccer’s CEO walked away from Disney and NASA to fix healthcare’s data mess. Now the startup has crossed $200 million in ARR

The company connects hospitals’ electronic health records and insurance claims systems, positioning itself as the infrastructure layer beneath the healthcare AI boom.

By Lily Mae LazarusJuly 23, 2026
Moonshot, DeepSeek, and the Great Chinese AI IPO Rush

Beijing’s AI leaders are rushing toward the public markets, using IPOs to fund an escalating arms race against U.S. frontier models.

By Nicholas GordonJuly 23, 2026
We got California to intervene about OpenAI’s corporate switch from nonprofit status. It’s time for the SEC to come to the table

A little-known Class N share lets the nonprofit Foundation control OpenAI’s board even if it sells its 26% equity stake, raising fresh SEC questions.

By Orson Aguilar and Catherine BracyJuly 22, 2026
Europe does not need more ambition. It needs to stop hiding it

Thijn Lamers says European humility, not weak products, is holding back the next Adyen.

By Thijn LamersJuly 23, 2026
More in Startups & Venture
AI
More in AI
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Coke on its rebrand accidentally nailing Gen Z’s ‘fridge cigarette’ joke: ‘building on on the things people already know and love’

“A font isn’t a brand,” says Metaforce consultant Allen Adamson. Meanwhile, Gen Z is letting the memes fly.

By Tatiana SatauaJuly 23, 2026
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet’s business model

Multiple cyber firms agree: bots outnumber humans online, challenging advertising, analytics and security systems designed around human visitors.

By Mia OsmonbekovJuly 23, 2026
AI labs have a trust problem, and the Hugging Face hack just proved it

OpenAI’s AI hacked a rival company. But after years of doom from frontier labs, plenty of people assumed it was just marketing.

By Beatrice NolanJuly 23, 2026
Musk says frontier AI models should face peer review from rival labs before release, with the government only stepping in as a last resort

The SpaceX CEO said he would set aside his differences with OpenAI CEO Sam Altman “for the good of the world.”

By Marco Quiroz-GutierrezJuly 23, 2026
More in AI
Innovation
More in Innovation
All hail London—whatever the U.K.’s new Prime Minister says 
All hail London—whatever the U.K.’s new Prime Minister says 

Andy Burnham does not have long to wait. If he wants to make a real economic difference, he should focus on the U.K.’s greatest asset: a globally significant city whose scale is its superpower.

By Kamal AhmedJuly 23, 2026
MoonPay to launch universal AI shopping wallet for non-technical Claude and ChatGPT consumers

PayBox lets users instruct Claude or ChatGPT agents to make purchases within the platform with no need for coding or a special screen.

By Jeff John RobertsJuly 23, 2026
Ray Dalio warned Elon Musk against betting all his money on Mars exploration: The SpaceX CEO invested $100m anyway, and had to borrow cash for rent

“Making money is not a big deal” for Elon Musk, says hedge fund founder, Ray Dalio.

By Eleanor PringleJuly 22, 2026
Northrop Grumman launches private robot mission to strap jetpacks on aging satellites

A two-armed space robot launched to attach life-extending jetpacks to aging satellites, helping keep spacecraft operating longer.

By Marcia DunnJuly 22, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
ServiceNow CEO Bill McDermott pumping his fist.
Wall Street is finally starting to buy ServiceNow CEO Bill McDermott’s story as the company beats Q2 earnings forecasts

ServiceNow beat Q2 Wall Street consensus estimates and raised revenue forecasts. The company’s shares now show signs of escaping the “SaaSpocalypse.”

By Jeremy KahnJuly 23, 2026
General James ‘Spider’ Marks: there’s a strategic risk hidden inside closed AI systems

The escalating friction between Washington and Silicon Valley’s frontier AI giants shows just how fragile trust between has become.

By James MarksJuly 23, 2026
OpenAI’s models went rogue and hacked Hugging Face. It’s a wake-up call, experts say, but more concerning behavior may be next

AI safety researchers warn that smarter models are getting better at gaming the system to get what they want—and could start hiding their intentions.

By Beatrice NolanJuly 22, 2026
OpenAI’s rogue hacking incident was a warning shot. Will it be a wake-up call to finally create AI safety regulation?

AI policy experts and safety researchers call the AI agents’ attack on Hugging Face “a wake-up call.”

By Jeremy Kahn and Emily ForliniJuly 22, 2026
More in Cybersecurity
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U.S. President Donald Trump takes questions from the media during a bilateral meeting with President of Lebanon Joseph Aoun in the Oval Office of the White House on July 21, 2026 in Washington, DC.
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Trump’s new $950 billion tariff scheme still leaves a 40% shortfall in his plan to rebalance the $39 trillion national debt, CRFB says
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Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’
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You can blame America’s plummeting fertility rate on the iPhone, study finds: ‘People are all depressed and alone and doomscrolling’
By Sasha RogelbergJune 12, 2026
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
Startups & Venture
SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
By Mia OsmonbekovJune 12, 2026
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy
Newsletters
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By Jeremy KahnJune 11, 2026
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
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Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
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Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
By Garrett IlgJune 11, 2026
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Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it
By Lily Mae LazarusJune 11, 2026
Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare
AI
Silicon Valley insiders warn U.S. defense supply chain is unprepared for modern warfare
By Sebastian HerreraJune 11, 2026
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
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As SpaceX goes public, a $100 billion shadow market faces a reckoning
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The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say
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By Sebastian HerreraJune 11, 2026
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
AI
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By Marco Quiroz-GutierrezJune 11, 2026
Agility Robotics Chief Executive Peggy Johnson speaks on stage at Brainstorm Tech 2026 in Aspen, Colorado.
AI
Tech leaders argue AI’s real future Is task augmentation, not mass layoffs
By Sebastian HerreraJune 11, 2026
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight
Asia
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight
By Mia OsmonbekovJune 11, 2026
The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months
Conferences
The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months
By Nick LichtenbergJune 11, 2026
Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff
AI
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By Sydney LakeJune 11, 2026
Shaun White, wearing a jacket with a fur-lined hood, looks up.
Success
Olympic champion Shaun White says AI is ‘leveling the playing field’ for professional athletes
By Sasha RogelbergJune 11, 2026
Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders
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By Preston ForeJune 11, 2026
ice
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Westchester County built a 600-camera plate reader network that shared 1.6 billion scans with ICE, lawsuit says
By Byron Tau and The Associated PressJune 11, 2026
brazil
Arts & Entertainment
Brazil’s biggest soccer broadcaster Is now a guy who started on Twitch. He beat Globo
By Tales Azzoni and The Associated PressJune 11, 2026
visa
AI
Visa thinks it’s a great idea for AI agents to shop and pay for things without human approval
By Barbara Ortutay, Ken Sweet and The Associated PressJune 11, 2026
carney
North America
Canada joins global movement to ban social media for kids: ‘We are failing our children. Enough is enough’
By Rob Gillies and The Associated PressJune 11, 2026
amodei
AI
Anthropic is worth $965 billion and just hired 1,000 coaches for nonprofits: ‘The fox can’t guard the henhouse’
By Glenn Gamboa and The Associated PressJune 11, 2026
dario
AI
Anthropic just proposed taxing itself to pay for the jobs its AI destroys
By Kaitlyn Huamani and The Associated PressJune 11, 2026
While investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond
Innovation
While investors await the SpaceX IPO, these space stocks are already public, building an economy in Earth orbit—and beyond
By Jason MaJune 11, 2026
gordon
Commentary
Gordon Ritter: I predicted AI’s learning loop a decade ago. The doomers are still measuring the wrong thing
By Gordon RitterJune 11, 2026
A man in a suit jacket gestures with his hands.
AI
SpaceX is about to make history—and 80% of VCs won’t see a dime of it
By Amanda GerutJune 11, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
Economy
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
By Jim EdwardsJune 11, 2026
Bridgit Mendler, co-founder and CEO of Northwood, at Fortune Brainstorm Tech 2026 in Aspen, Colorado. (Photo: Stuart Isett/Fortune)
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Bridgit Mendler sees the space economy going mainstream
By Andrew NuscaJune 11, 2026
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Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behindplaceholder alt text
By Nick LichtenbergJuly 22, 2026
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”placeholder alt text
By Joshua HongJuly 23, 2026
Economy
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 somehowplaceholder alt text
By Sasha RogelbergJuly 23, 2026
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