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U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

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Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

1

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

2

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation
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Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive

Lower costs and open-source availability are prompting some companies to experiment with Chinese AI models, even as security concerns remain.

By Tatiana SatauaJuly 17, 2026
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
By Nicholas GordonJuly 17, 2026
xi
Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’
By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
By Nicholas GordonJuly 16, 2026
tesla
Runaway Tesla that crashed into a grandmother’s living room was actually being steered by a human, investigators find
By Bernard Condon and The Associated PressJuly 16, 2026
Donald Trump looks at Xi Jinping and puts a hand on his arm.
Trump has tried to decouple from China, but ending U.S. reliance on the country would cost America nearly $14 trillion, EY warns
By Sasha RogelbergJuly 16, 2026
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Latest stories from Fortune
Photo of David Solomon
Success
Goldman Sachs CEO says he’d hire someone ‘smart enough’ over the smartest person in the world because ultimately experience trumps brains
By Emma BurleighJuly 18, 2026
Backstabbing is the new office norm: Gen Z and millennials are blame-shifting, snitching, and setting others up to fail—but so are managers
Success
Backstabbing is the new office norm: Gen Z and millennials are blame-shifting, snitching, and setting others up to fail—but so are managers
By Orianna Rosa RoyleJuly 18, 2026
Landon Donovan, wearing a suit and holding a microphone, smiles.
Success
U.S. soccer star Landon Donovan was raised by a single mom and said he wouldn’t break though today because youth sports have gotten too expensive
By Sasha RogelbergJuly 18, 2026
ives
Banking
‘I’m an example of what I’ve preached’: Dan Ives knows AI has a ‘PR problem’ but it led to his massive career change after 25 years on Wall Street
By Nick LichtenbergJuly 18, 2026
pt
Politics
Peter Thiel just gave the public its closest look yet at his ‘Antichrist’ theory—and it’s a tech and climate regulator
By Nick LichtenbergJuly 18, 2026
Svenja Gudell, Chief Economist, Indeed
Commentary
Indeed chief economist: Aging Baby Boomers are America’s real labor problem, not AI
By Svenja GudellJuly 18, 2026
Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran
Energy
Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran
By Jordan BlumJuly 18, 2026
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
Investing
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
By Shawn TullyJuly 18, 2026
More AsiaPage 67 of 69
X fined for failing to answer questions about how it detects, removes and prevents child sexual abuse material
Politics
X fined for failing to answer questions about how it detects, removes and prevents child sexual abuse material
By Keira Wright and BloombergOctober 16, 2023
How TSMC and other firms making the most advanced semiconductors are getting a reprieve from Biden’s chip war on China
Asia
How TSMC and other firms making the most advanced semiconductors are getting a reprieve from Biden’s chip war on China
By Lionel LimOctober 16, 2023
China’s central bank governor sees growth improving, ‘manageable’ debt risks, and ‘signs of recovery’ in real estate market
Asia
China’s central bank governor sees growth improving, ‘manageable’ debt risks, and ‘signs of recovery’ in real estate market
By BloombergOctober 14, 2023
A lady looking at handbags on display in a second-hand luxury goods store at a shopping mall in Shanghai
Asia
China is again on the brink of deflation as the country’s flat September CPI revives ‘real risk’ of falling prices
By Lionel LimOctober 13, 2023
Gas shortage
Environment
3 stunning charts show how the world of gas-guzzling has changed—and hasn’t—since the trauma of the 1973 oil embargo
By Jim Krane, Mark Finley and The ConversationOctober 12, 2023
Pfizer CEO Albert Bourla wants to tap ‘Chinese science’ as the drug company looks for a new target after COVID
Conferences
Pfizer CEO Albert Bourla wants to tap ‘Chinese science’ as the drug company looks for a new target after COVID
By Lionel LimOctober 12, 2023
Investors can breathe ‘a sigh of relief’ as Qantas chair Richard Goyder announces his exit: ‘It’s been hard to keep up with the internal drama’
Asia
Investors can breathe ‘a sigh of relief’ as Qantas chair Richard Goyder announces his exit: ‘It’s been hard to keep up with the internal drama’
By Lionel LimOctober 11, 2023
‘Everybody looks back at the oil crisis of 1973, but this is so different’: Experts don’t see disaster ahead—with a big if attached
Finance
‘Everybody looks back at the oil crisis of 1973, but this is so different’: Experts don’t see disaster ahead—with a big if attached
By Will DanielOctober 10, 2023
The promise, and perils, of generative AI’s visual realm are coming into focus
Leadership
The promise, and perils, of generative AI’s visual realm are coming into focus
By Sage LazzaroOctober 10, 2023
China’s copper tycoon built Maike Metals into a giant before a liquidity crisis brought it to its knees—now he’s missing and presumed taken by police
Finance
China’s copper tycoon built Maike Metals into a giant before a liquidity crisis brought it to its knees—now he’s missing and presumed taken by police
By Alfred Cang and BloombergOctober 10, 2023
China’s Country Garden warns its first-ever default could come soon, as its September sales plunge by over 80% year on year
Asia
China’s Country Garden warns its first-ever default could come soon, as its September sales plunge by over 80% year on year
By Lionel LimOctober 10, 2023
A Chinese tourist standing amid a crowd in Macau.
Asia
China’s disappointing Golden Week holiday—the first after the end of COVID-zero—shows the country’s consumers are still holding back
By Lionel LimOctober 10, 2023
War in Israel, oil shocks, and roaring inflation, Deutsche Bank sees ‘a striking number of parallels’ with the 1970s
Finance
War in Israel, oil shocks, and roaring inflation, Deutsche Bank sees ‘a striking number of parallels’ with the 1970s
By Will DanielOctober 9, 2023
A Saudi Arabian man dressed in a traditional thobe stands in front of a sign the reads Israel in a large conference hall.
Politics
Potentially historic deal to normalize Saudi-Israel relations is ‘off the table’ after this weekend’s 9/11-scale attack, top political analyst says
By Paolo ConfinoOctober 9, 2023
Chuck Schumer, Xi Jinping
Politics
Schumer grateful for stronger Chinese statement condemning Hamas violence against Israelis after disappointment over silence
By Ken Moritsugu and The Associated PressOctober 9, 2023
Tesla’s China sales are falling compared to its rival BYD—and the drop could have been worse without its price war
Asia
Tesla’s China sales are falling compared to its rival BYD—and the drop could have been worse without its price war
By Lionel LimOctober 9, 2023
VinFast, Vietnam’s answer to Tesla, unveils a $623 million quarterly loss almost two months after its wild Nasdaq debut
Asia
VinFast, Vietnam’s answer to Tesla, unveils a $623 million quarterly loss almost two months after its wild Nasdaq debut
By Lionel LimOctober 6, 2023
U.S. Commerce Secretary Gina Raimondo speaks into a microphone during a U.S. Senate hearing
Asia
Why U.S. Commerce Secretary Gina Raimondo is calling Huawei’s new phone ‘incredibly disturbing’
By Lionel LimOctober 6, 2023
Shibuya
Leadership
The mayor of Tokyo’s nightlife district begs partiers to stay away: ‘Please, do not come to the Shibuya station area for Halloween’
By Mari Yamaguchi and The Associated PressOctober 5, 2023
TikTok CEO Shou Zi Chew speaking at the TikTok Southeast Asia Impact Forum 2023 in Jakarta.
Tech
TikTok pledged to invest billions in Indonesia and Southeast Asia. Now Jakarta’s new rules deal a blow to the company’s e-commerce dreams
By Lionel LimOctober 5, 2023
Xi Jinping
Asia
‘We don’t want to see an Orwellian mix of fact and fiction in our world’: State Department accuses China of global disinformation campaign
By Didi Tang and The Associated PressOctober 4, 2023
Ray Dalio, founder of Bridgewater Associates
Asia
Ray Dalio warns Biden’s chip ban is similar to the pre-WW2 oil sanctions the U.S. placed on Imperial Japan—which partly led to Pearl Harbor
By Eleanor PringleOctober 4, 2023
SoftBank Group CEO Masayoshi Son speaks during the SoftBank World 2023 on October 04, 2023 in Tokyo, Japan.
Leadership
Softbank’s CEO says you’ll end up like a mindless goldfish if you don’t get on board with AI
By Chloe TaylorOctober 4, 2023
Biden administration announces sweeping legal actions against Chinese fentanyl chemical producers
Finance
Biden administration announces sweeping legal actions against Chinese fentanyl chemical producers
By Fatima Hussein, Eric Tucker and The Associated PressOctober 4, 2023
Gina Raimondo, Chen Jining
Conferences
Commerce Secretary Gina Raimondo on her working group with China: ‘Hopefully the baby steps lead to bigger steps’
By Leo SchwartzOctober 3, 2023
ChatGPT plugs into the internet’s real-time data firehose—again
Leadership
ChatGPT plugs into the internet’s real-time data firehose—again
By Sage LazzaroOctober 3, 2023
John Fetterman
Asia
John Fetterman says China is ‘taking back our pandas’ and the U.S. should retaliate by seizing foreign-owned farmland
By Ashraf Khalil, Didi Tang and The Associated PressOctober 3, 2023
Warren Buffett–backed BYD is just over 3,000 cars away from overtaking Tesla as the world’s biggest seller of EVs
Asia
Warren Buffett–backed BYD is just over 3,000 cars away from overtaking Tesla as the world’s biggest seller of EVs
By Nicholas GordonOctober 3, 2023
The frosty U.S. and China decoupling talk is getting real—pandas are getting recalled from zoos across the country
Asia
The frosty U.S. and China decoupling talk is getting real—pandas are getting recalled from zoos across the country
By Chris MorrisOctober 2, 2023
Tesla faces such fierce competition in China that it’s offering a revamped Model Y with no price increase
Tech
Tesla faces such fierce competition in China that it’s offering a revamped Model Y with no price increase
By BloombergOctober 1, 2023
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Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran warplaceholder alt text
By Sasha RogelbergJuly 17, 2026
C-Suite
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’placeholder alt text
By Fortune EditorsJuly 15, 2026
Law
Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamationplaceholder alt text
By Marco Quiroz-GutierrezJuly 17, 2026
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