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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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Global
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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More in News
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
More in North America
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
More in Asia
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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The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
AI
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
By Jason MaJuly 17, 2026
koch
Retail
‘What a wonderful group of people’: Sam Adams beer founder said the Scots were consuming one every 12 seconds at their World Cup peak
By Dee-Ann Durbin and The Associated PressJuly 17, 2026
heat
Environment
Europe’s lack of preparation for the brutal heat wave this year killed an extra 10,000 people, records show
By The Associated PressJuly 17, 2026
xi
AI
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
white house
North America
Broadcast networks wrestle with whether to air Trump’s conspiracy theories or get sanctioned for dropping him
By Jocelyn Noveck and The Associated PressJuly 17, 2026
dna
North America
How a Californian DNA lab solved the oldest John Doe in American history
By Allen Breed and The Associated PressJuly 17, 2026
monks
Success
Meet the Texas monk with no phone, no account —and millions of followers online
By Deepa Bharath and The Associated PressJuly 17, 2026
ice
Politics
ICE officer in fatal Maine shooting had history of mental health crises, Congress learns in ‘bombshell’ report
By Lisa Mascaro and The Associated PressJuly 17, 2026
phila
Environment
‘We shouldn’t be playing the game’: athletes sound off as smoke chokes U.S. sports
By The Associated PressJuly 17, 2026
Alex Karp gestures
Success
With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises
By Preston ForeJuly 17, 2026
Should you pay for mortgage points? A guide to saving on your interest rate
Personal Finance
Should you pay for mortgage points? A guide to saving on your interest rate
By Joseph HostetlerJuly 17, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsJuly 17, 2026
cc
Arts & Entertainment
Adam Silver: It’s ‘incredibly unfair’ Caitlin Clark has become a ‘political football’
By The Associated PressJuly 17, 2026
trump
Politics
White House insists it has ‘extremely strict ethical guidelines’ as teleprompter op goes on unpaid leave over $100,000 insider trading allegations
By Bill Barrow and The Associated PressJuly 17, 2026
t
Banking
Trump is selling millisecond access to his Truth Social blasts — and traders are already lining up
By Bernard Condon and The Associated PressJuly 17, 2026
tb
North America
Lettuce from Mexico sold at Taco Bells in 5 states identified as source of diarrhea-causing parasite
By Bill Barrow, Mike Stobbe and The Associated PressJuly 17, 2026
The Netflix logo is displayed on a smartphone screen featuring a color gradient in the background.
Big Tech
Netflix stock hits a 52-week low after earnings—but analysts say investors are missing the bigger picture
By Sheryl EstradaJuly 17, 2026
Esther Perel speaks on stage during a panel discussion at SXSW in London.
Workplace Culture
Esther Perel has a warning for executives: your workforce is suffering from social atrophy and AI is making it worse 
By Sam BirchallJuly 17, 2026
shelton
Commentary
Former Obama official on AI anxiety and the depression nobody remembers — and the training model that gives him hope
By Jim SheltonJuly 17, 2026
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C., U.S., on Tuesday, Feb. 13, 2018.
Success
Even before he was wealthy, Warren Buffett planned to give away all his money—now he doesn’t check on his children’s charities to see how they use it
By Eleanor PringleJuly 17, 2026
Suno Ai on a phone screen with Warner Music Group's logo in the background.
Startups & Venture
The VC betting $5.4 billion that Suno is the future of music
By Lily Mae LazarusJuly 17, 2026
Chesky
Investing
Tech stocks lead steep global sell-off as investors lose faith in AI chip trade
By Jim EdwardsJuly 17, 2026
Top CD rates from major banks July 17, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 17, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 17, 2026
Current price of Bitcoin for July 17, 2026
Personal Finance
Current price of Bitcoin for July 17, 2026
By Joseph HostetlerJuly 17, 2026
Current price of Ethereum for July 17, 2026
Personal Finance
Current price of Ethereum for July 17, 2026
By Joseph HostetlerJuly 17, 2026
dollar
Commentary
The dollar’s demise has been predicted for 55 years. The BCG Institute says it’s still overstated
By Philipp Carlsson-Szlezak, Nikolaus Lang and Paul SwartzJuly 17, 2026
Current price of oil as of July 17, 2026
Personal Finance
Current price of oil as of July 17, 2026
By Joseph HostetlerJuly 17, 2026
How Apollo-owned Michaels turned two rivals’ bankruptcies into a growth strategy
Health
How Apollo-owned Michaels turned two rivals’ bankruptcies into a growth strategy
By Phil WahbaJuly 17, 2026
Live events are the new luxury status symbol—this company has made $60 million this year throwing parties for the ‘World Cup elite’ and more
Arts & Entertainment
Live events are the new luxury status symbol—this company has made $60 million this year throwing parties for the ‘World Cup elite’ and more
By Sydney LakeJuly 17, 2026
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
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 defamation
By Marco Quiroz-GutierrezJuly 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
AI
'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
Success
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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