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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

1

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

2

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

3

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
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U.S. military launches 10th straight night of airstrikes on Iran as Houthi allies threaten Red Sea, but glimmers of hope appear on diplomatic front
U.S. military launches 10th straight night of airstrikes on Iran as Houthi allies threaten Red Sea, but glimmers of hope appear on diplomatic front

Iran’s interior minister traveled to Pakistan, a key mediator in the conflict, for talks.

By Jon Gambrell and The Associated PressJuly 20, 2026
Trump to impose 50% tariffs on most Canadian goods, invoking the ‘nuclear option’ that could unleash a new wave of economic chaos and inflation
Trump to impose 50% tariffs on most Canadian goods, invoking the ‘nuclear option’ that could unleash a new wave of economic chaos and inflation
By Josh Boak and The Associated PressJuly 20, 2026
Three women chop their way into the record books at Lumberjack World Championships
Three women chop their way into the record books at Lumberjack World Championships
By The Associated Press and Ellen SchmidtJuly 20, 2026
President Donald Trump walks down the steps from Air Force One.
Trump admin attempted to uncover phone records of NYT journalists and sources related to coverage of Qatari-gifted Air Force One
By The Associated Press, Eric Tucker and Jocelyn NoveckJuly 20, 2026
Alaskan pilot Ken Jouppi sits in an aircraft hanger in front of a plane.
A passenger brought a 6-pack of beer on an Alaskan pilot’s plane. He now has to defend his plane’s seizure in front of the Supreme Court
By The Associated Press and Michael KunzelmanJuly 20, 2026
LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too
LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too
By Catherina GioinoJuly 20, 2026
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Blue Owl Capital owns about a third of the Freedom Fuel properties: A look inside the $3.47 gas chain
Blue Owl Capital owns about a third of the Freedom Fuel properties: A look inside the $3.47 gas chain

Records indicate the $3.47 gas chain Trump promoted to an NFL coach, a GOP fundraiser, and two New Jersey brothers.

By Brian Slodysko, Michael Biesecker and Josh BoakJuly 20, 2026
‘It is a failure by AliExpress’: European Commission fines the Chinese marketplace $629 million for not blocking counterfeit goods

The online retailer allegedly breached the European Union’s Digital Services Act, mainly through the spread of “counterfeit clothing” and “illegal and harmful products.”

By The Associated Press and Mike CorderJuly 20, 2026
Judge halts Paramount-Warner’s $81 billion merger for two weeks after states warn it would ‘extinguish competition’

The two week pause will give a coalition of 12 states more time to challenge a deal they say would reduce competition and consumer choice.

By The Associated Press and Wyatte Grantham-PhilipsJuly 20, 2026
French President Macron backs effort to ban kids under 15 from social media before departing office next year

With growing social media safety concerns, French lawmakers seek to ban social media for anyone under the age of 15 before the start of the school year.

By The Associated Press and Samuel PetrequinJuly 20, 2026
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North America
More in North America
FIFA President Gianni Infantino puts up a hand to show a thumbs up gesture at a World Cup game.
FIFA President Infantino spent over 100 hours in the air during the 2026 World Cup amid pledge to reduce carbon emissions

Flight logs show the FIFA President utilized a private jet gifted by World Cup sponsor Qatar Airways to travel to 21 different airports throughout the tournament.

By The Associated Press and Rio YamatJuly 20, 2026
Over $10 million, 35 coastal organizations, and 16 states led to a comeback of the Oystercatcher bird population

Known for their sharp bills and beady eyes, the seabirds have been steadily supported through wildlife conservation efforts for over a decade.

By The Associated Press and Michael CaseyJuly 20, 2026
U.S. bombs Iran for ninth straight night as Tehran strikes Kuwait, Jordan, and Bahrain

Iran launched attacks on U.S. allies across the Gulf after another round of American airstrikes, while Brent crude climbed above $88 a barrel.

By The Associated Press and Jon GambrellJuly 20, 2026
Hugging Face says it resorted to a Chinese AI model to battle a fully autonomous cyberattack because U.S. model guardrails stymied its defense

Hugging Face experienced one of the first document autonomous AI cyber attacks. It said American models were not up to the task of defending it, while GLM 5.2 from China’s Z.ai saved the day.

By Emily ForliniJuly 20, 2026
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Asia
More in Asia
japan
Japan’s monetary conundrum — why the yen hit a 40-year low as interest rates hit a 31-year high

Japan hiked rates to chase inflation—but its real problem is money that never showed up.

By Steve H. Hanke and John GreenwoodJuly 20, 2026
The people sewing your clothes can’t see the stitches clearly — a $10 pair of glasses could unlock $27 billion in gains

A trial found every $1 spent on vision screening returned $3.37 in productivity: “Before I got the glasses, it took me a long time to thread the needle.”

By Al Emrun Garjon, Julhas Alam and The Associated PressJuly 19, 2026
Korea’s AI-heavy market now sets the tone for global stocks

“We are all Korean investors now,” said Hani Redha, a London-based portfolio manager at PineBridge Investments.

By Winnie Hsu, Momoka Yokoyama, Masaki Kondo and BloombergJuly 19, 2026
A weak yen turned Tokyo into a steal. A strong shekel turned Tel Aviv into the world’s most expensive city to buy McDonald’s

A new Deutsche Bank report highlights how defense spending bolstered the shekel and a weak yen helped Japan have the cheapest iPhones in the world.

By Mia OsmonbekovJuly 19, 2026
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Global
More in Global
Mark Cuban, in front of a purple background, has his mouth open and is looking to his left.
Mark Cuban says he has the solution to growing income inequality, and it’s to reward every employee—from CEO to janitor—with company stock

“I would like to see it so that every single CEO/founder/entrepreneur does what I did, which was to give equity to every single employee,” Cuban said.

By Sasha RogelbergJuly 20, 2026
Types of mortgage loans: A guide to choosing the right one

We walk you through conventional, government-backed, jumbo loans and more, so you can find the best mortgage for your needs.

By Joseph HostetlerJuly 20, 2026
Spain’s Ferran Torres scored the winning goal in the World Cup—but just four years ago, he was in therapy and stuck in a ‘bottomless pit’

Ferran Torres said he “could not see a way out” after a $62.8 million Barcelona deal—and half of athletes struggle with mental health problems.

By Emma BurleighJuly 20, 2026
Christopher Nolan was rejected from film school as a teen. Today, the Oscar-winning director behind  ‘The Odyssey’ is worth $250 million

Before Christopher Nolan became one of Hollywood’s most successful directors, he faced rejection: ‘Film school didn’t want me.’

By Preston ForeJuly 20, 2026
More in Global
Latest stories from Fortune
Forget ‘baby bonuses.’ Nobel Laureate Claudia Goldin says birth rates hinge on dependable fathers
Newsletters
Forget ‘baby bonuses.’ Nobel Laureate Claudia Goldin says birth rates hinge on dependable fathers
By Emma HinchliffeJuly 20, 2026
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
Economy
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
By Jason MaJuly 20, 2026
Volvo car CEO pushes back on Navarro’s ‘Pirate’ China comments
Europe
Volvo car CEO pushes back on Navarro’s ‘Pirate’ China comments
By Rafaela Lindeberg and BloombergJuly 20, 2026
FDA walks back positive lab test while lettuce recall continues
Health
FDA walks back positive lab test while lettuce recall continues
By Bloomberg, Kristina Peterson, Jessica Nix and Daniela SirtoriJuly 20, 2026
Sumeet Agrawal is VP of Product Management (Data, AI Governance & Context Engineering for Agentic Systems) at Salesforce.
Commentary
Salesforce VP on the leaky AI pipeline: why cheaper tokens won’t fix enterprise AI
By Sumeet AgrawalJuly 20, 2026
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
debt
Personal Finance
Student loan defaults hit record $233 billion with 1 in 5 borrowers over 9 months behind
By Nicky Forster, Heather Hollingsworth and The Associated PressJuly 20, 2026
debt
Personal Finance
Meet a 40-year-old who filed for bankruptcy in 2022 but still can’t erase $94,000 in student-loan debt: ‘you’re just lost in the system somewhere’
By Heather Hollingsworth, Nicky Forster and The Associated PressJuly 20, 2026
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World Cup Final tickets shocker: Someone will pay $2.3 million for one seat to watch Messi chase history
Arts & Entertainment
World Cup Final tickets shocker: Someone will pay $2.3 million for one seat to watch Messi chase history
By The Associated PressJuly 18, 2026
Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’
Energy
Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’
By Jon Gambrell, Toqa Ezzidin and The Associated PressJuly 18, 2026
A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says
Investing
A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says
By Jason MaJuly 18, 2026
t
Politics
Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election
By Bernard Condon and The Associated PressJuly 18, 2026
xi
AI
A Chinese Pink Floyd fan is giving Claude and Chat their own DeepSeek moment — an AI model just as good and half the price
By Matt O'Brien and The Associated PressJuly 18, 2026
bank
Banking
Citizens Bank drops links with private prison companies, citing ‘changed commercial circumstances’
By Ken Sweet and The Associated PressJuly 18, 2026
tourism
Travel & Leisure
‘They put 100% effort into looking after you’: Wary soccer fans stunned by a look at the real America, not the image they’ve been sold by the media
By Sarah Raza and The Associated PressJuly 18, 2026
dna
Law
‘My mind was just completely blown’: 2 families sue hospital after DNA proves their kids were switched at birth 38 years ago
By Mikella Schuettler, Thomas Peipert, Gene Johnson and The Associated PressJuly 18, 2026
Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history
Politics
Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history
By Will Weissert and The Associated PressJuly 18, 2026
time
Commentary
It’s time to dump time zones
By Steve H. HankeJuly 18, 2026
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
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
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts
Cybersecurity
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts
By Tatiana SatauaJuly 18, 2026
After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others
Economy
After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others
By Marco Quiroz-GutierrezJuly 17, 2026
The Best Vitamins for Kids (2026): Support Their Immunity, Growth, and More
Health
The Best Vitamins for Kids (2026): Support Their Immunity, Growth, and More
By Emily PharesJuly 17, 2026
Commercial auto insurance explained for business owners
Personal Finance
Commercial auto insurance explained for business owners
By Joseph HostetlerJuly 17, 2026
So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits
Investing
So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits
By Catherina GioinoJuly 17, 2026
Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders
Success
Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders
By Sydney LakeJuly 17, 2026
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
AI
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
By Tatiana SatauaJuly 17, 2026
NordicTrack X24 Treadmill Review (2026): Expert Reviewed
Health
NordicTrack X24 Treadmill Review (2026): Expert Reviewed
By Christina SnyderJuly 17, 2026
Sarah Friar, CFO of OpenAI
AI
OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off
By Sheryl EstradaJuly 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
Asia
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
Raj Subramaniam, CEO of FedEx
Success
FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant
By Emma BurleighJuly 17, 2026
Best certificates of deposit (CDs) for July 2026
Personal Finance
Best certificates of deposit (CDs) for July 2026
By Glen Luke FlanaganJuly 17, 2026
Spain's national team players stand on the left while Argentina's national players stand on the right.
Crypto
World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina
By Camila Grigera NaónJuly 17, 2026
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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billionplaceholder alt text
By Sydney LakeJuly 20, 2026
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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimisticplaceholder alt text
By Jason MaJuly 18, 2026
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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stockplaceholder alt text
By Sasha RogelbergJuly 20, 2026
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