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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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Economy

erik
‘It’s not going away’: The Stanford economist who called the AI entry-level jobs crisis early has the receipts

Stanford’s Erik Brynjolfsson is partnering with ADP’s Nela Richardson on a live dashboard tracking what they found last summer: AI is eating entry-level work.

By Nick LichtenbergJune 27, 2026
One chart explains the economy’s terrible baby boomer hangover, Gen X’s invisibility, and millennial and Gen Z irrelevance
One chart explains the economy’s terrible baby boomer hangover, Gen X’s invisibility, and millennial and Gen Z irrelevance
By Tristan BoveJune 26, 2026
gavin
Newsom calls for a national billionaires’ tax — just not the one his state’s voters are about to pass
By Jonathan J. Cooper and The Associated PressJune 26, 2026
The New York Stock Exchange is seenduring morning trading on May 26, 2026 in New York City.
The richest 20% are the only ones powering the U.S. economy, says top economist, but their prospects are entirely reliant on teetering stock prices
By Eleanor PringleJune 26, 2026
b
After flirting with Gavin Newsom rollback idea, union is ‘all in’ on full billionaires’ tax for California
By Sophie Austin and The Associated PressJune 26, 2026
Current price of oil as of June 26, 2026
Current price of oil as of June 26, 2026
By Joseph HostetlerJune 26, 2026
Latest Stories
Tit-for-tat attacks continue across the Persian Gulf despite U.S.-Iran ceasefire while a new flashpoint emerges
PoliticsTit-for-tat attacks continue across the Persian Gulf despite U.S.-Iran ceasefire while a new flashpoint emerges
By Jon Gambrell and The Associated PressJune 27, 2026
Robert Shiller, professor of economics at Yale University
AINobel laureate economist warns AI jobs apocalypse fears could become a self-fulfilling prophesy
By Eva RoytburgJune 27, 2026
dr
CommentaryThe uncertainty paradox: believe it or not, today’s massive uncertainty creates the best conditions for disruptive growth
By James G. Naples, Wendy K. Smith and Scott D. AnthonyJune 27, 2026
templet
CommentaryThis rural Maine factory made 100 million COVID swabs a month. Its CEO says manufacturing’s best days are ahead
By Timothy Templet and Virginia TempletJune 27, 2026
The 30-year fixed mortgage was supposed to be predictable. Two costs quietly broke that promise
Real EstateThe 30-year fixed mortgage was supposed to be predictable. Two costs quietly broke that promise
By Sydney LakeJune 27, 2026
One in 10 Gen Zers want their boss to be replaced by AI—they’re already being polite to ChatGPT just in case
SuccessOne in 10 Gen Zers want their boss to be replaced by AI—they’re already being polite to ChatGPT just in case
By Orianna Rosa RoyleJune 27, 2026
Photo of Elon Musk
C-Suite‘Don’t look at the résumé’: Elon Musk admits he’s ‘fallen prey’ to flashy credentials and says conversation matters most when hiring
By Jacqueline MunisJune 27, 2026
young workers talking at their desks
SuccessStop blaming Gen Z for resisting RTO: 71% say they want a hybrid balance—and now they’re quietly leading the office comeback
By Sydney LakeJune 27, 2026
More EconomyPage 22 of 100
students walk on a brick-paved path surrounded by trees with fall-colored leaves
Future of WorkMeet a 20-year-old student who changed her major to marketing to ‘AI-proof’ her career
By Jocelyn Gecker, Linley Sanders and The Associated PressApril 27, 2026
  • Americans are buying more used clothes, but the real story is who’s buying what: Luxury resale is booming and so is discount
    RetailAmericans are buying more used clothes, but the real story is who’s buying what: Luxury resale is booming and so is discount
    By Marco Quiroz-GutierrezApril 24, 2026
A pile of shredded plastic in Vietnam
HealthToxic chemicals are raising infertility in humans, fish, birds, and insects: ‘A whisper that is powerful enough to redirect a hurricane’
By Tristan BoveApril 27, 2026
A frontier plane with the New York-New York Hotel and Casino on the Las Vegas Strip in the background
EnergyAs Spirit Airlines looks for a lifeline, Frontier and Avelo are asking the Trump administration for $2.5 billion to cover jet fuel costs
By Jacqueline MunisApril 27, 2026
Marc benioff
AISalesforce CEO Marc Benioff says AI won’t kill entry-level jobs. He’s hiring 1,000 new grads to prove it
By Jake AngeloApril 27, 2026
Iran offers to reopen Strait of Hormuz amid oil price surge, but Trump seems unlikely to accept
PoliticsIran offers to reopen Strait of Hormuz amid oil price surge, but Trump seems unlikely to accept
By Samy Magdy, Jon Gambrell, Elena Becatoros and The Associated PressApril 27, 2026
‘Capitalism works because the losers die’: Kevin O’Leary says it’s a ‘really bad idea’ for the federal government to bail out Spirit Airlines
Economy‘Capitalism works because the losers die’: Kevin O’Leary says it’s a ‘really bad idea’ for the federal government to bail out Spirit Airlines
By Sydney LakeApril 27, 2026
  • WASHINGTON, DC - NOVEMBER 02: (L to R) U.S. President Donald Trump shakes hands with his nominee for the chairman of the Federal Reserve Jerome Powell during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Current Federal Reserve chair Janet Yellen's term expires in February. (Photo by Drew Angerer/Getty Images)
    BankingPirro drops Powell probe, handing Kevin Warsh a lifeline, though U.S. attorney vows to restart probe ‘should the facts warrant doing so’
    By Eva RoytburgApril 24, 2026
Photo: Donald Trump addresses the media.
PoliticsA manifesto, a train ride, and gaps in security that let a shooter get near Trump
By Jim EdwardsApril 27, 2026
The ‘obscene economics’ of modern warfare show how the race to military supremacy is transforming, while U.S. rearmament relies on China 
EconomyThe ‘obscene economics’ of modern warfare show how the race to military supremacy is transforming, while U.S. rearmament relies on China 
By Jason MaApril 26, 2026
Sergey Brin confronted Gavin Newsom at a treehouse party — then launched a political war
PoliticsSergey Brin confronted Gavin Newsom at a treehouse party — then launched a political war
By Eliyahu Kamisher, Biz Carson and BloombergApril 26, 2026
An older couple, smiling
InvestingBaby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind
By Sasha RogelbergApril 26, 2026
Sen. Thom Tillis says he’s ready to move ahead with confirming Warsh as Fed chair after DOJ drops probe on Powell
BankingSen. Thom Tillis says he’s ready to move ahead with confirming Warsh as Fed chair after DOJ drops probe on Powell
By The Associated PressApril 26, 2026
  • Current price of oil as of April 25, 2026
    Personal FinanceCurrent price of oil as of April 24, 2026
    By Joseph HostetlerApril 24, 2026
Woman tired while looking at computer
CommentaryAI is frying our brains — here’s what leaders need to do about It
By David Rock and Chris WellerApril 26, 2026
Satya Nadella
Big TechMore than 90,000 tech workers have been laid off this year. But here’s why companies like Microsoft are offering voluntary buyouts instead
By Jacqueline MunisApril 26, 2026
Fortune Archives: The Buffett Indicator, explained by the Oracle of Omaha himself
NewslettersFortune Archives: The Buffett Indicator, explained by the Oracle of Omaha himself
By Shawn TullyApril 26, 2026
Florida’s influx of rich residents is killing the middle class and housing market
Real EstateFlorida’s influx of rich residents is killing the middle class and housing market
By Sydney LakeApril 26, 2026
SpaceX, Anduril among companies to win Golden Dome contracts
PoliticsSpaceX, Anduril among companies to win Golden Dome contracts
By Tony Capaccio and BloombergApril 25, 2026
U.S. Air Force, Navy plan to boost F-35 fleet after record budget
PoliticsU.S. Air Force, Navy plan to boost F-35 fleet after record budget
By Tony Capaccio and BloombergApril 25, 2026
Russia’s economy minister admits ‘reserves have largely been used up’ while communist lawmaker warns of 1917-style revolution as GDP shrinks
EconomyRussia’s economy minister admits ‘reserves have largely been used up’ while communist lawmaker warns of 1917-style revolution as GDP shrinks
By Jason MaApril 25, 2026
U.S. considers using Defense Production Act for Spirit bailout
PoliticsU.S. considers using Defense Production Act for Spirit bailout
By Allyson Versprille and BloombergApril 25, 2026
Kevin Warsh is poised to lead the Fed with none of the gravitas Greenspan had but plenty of baggage from Trump, former Powell adviser says
EconomyKevin Warsh is poised to lead the Fed with none of the gravitas Greenspan had but plenty of baggage from Trump, former Powell adviser says
By Christopher Rugaber and The Associated PressApril 25, 2026
mark
CommentaryI lost my job to AI. Here’s why mass layoffs won’t transform your company
By Mark QuinnApril 25, 2026
A replica of a Lockheed Martin missile
Politics‘A golden opportunity right now based on who’s in government.’ Trump’s bellicose presidency means defense firms are raking it in
By Tristan BoveApril 25, 2026
investors
EconomyIntel’s blowout quarter just sparked its best day since 1987
By The Associated Press and Stan ChoeApril 24, 2026
Hallucinogenics are illegal under federal law but that isn’t stopping the FDA from fast tracking 3 psychedelic drugs to treat mental health
PoliticsHallucinogenics are illegal under federal law but that isn’t stopping the FDA from fast tracking 3 psychedelic drugs to treat mental health
By Matthew Perrone and The Associated PressApril 24, 2026
Trump holds the bill up.
PoliticsOnly one person has been granted Trump’s $1 million ‘gold card’ despite promises it would rake in $1 trillion
By Jesse Bedayn and The Associated PressApril 24, 2026
scott bessent
EnergyTrump just sanctioned a major Chinese oil refinery over Iranian oil—weeks before he meets Xi Jinping
By The Associated Press and Fatima HusseinApril 24, 2026
This is a ‘come to Jesus moment’: Ford CEO says American carmakers are battling a perfect storm
C-SuiteThis is a ‘come to Jesus moment’: Ford CEO says American carmakers are battling a perfect storm
By Marco Quiroz-GutierrezApril 24, 2026
European Commission President Ursula von der Leyen
EnergyThe EU is spending an extra $28 billion on energy imports, and answering with demand destruction, tax cuts, and a rapid clean energy shift
By Tristan BoveApril 24, 2026
Pete Hegseth stands behind a podium, pointing with one hand and furrowing his brow.
PoliticsThe U.S. military may have already used up half of its most expensive missiles, and it could take up to 4 years to rebuild its stockpiles
By Sasha RogelbergApril 24, 2026
college graduate
SuccessWith entry-level jobs vanishing, Gen Z grads are ditching corporate America—piecing together careers with entrepreneurship, gig work and freelancing
By Jake AngeloApril 24, 2026
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Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethicplaceholder alt text
By Orianna Rosa RoyleJune 24, 2026
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeJune 27, 2026
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