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

3

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

1

'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

2

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

3

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
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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
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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Photo: Disney cruise ship.
Travel & Leisure
Exclusive: Disney’s cruise ship fleet generated $3 billion in the last fiscal year—and the company plans to add 5 more in a $60 billion expansion
By Christian SyltJuly 16, 2026
The MacKenzie Scott paradox: How a bull market lets billionaires give away tens of billions without getting poorer
Economy
The MacKenzie Scott paradox: How a bull market lets billionaires give away tens of billions without getting poorer
By Sydney LakeJuly 16, 2026
Klook cofounder Ethan Lin thinks the U.S. can help grow one of Asia’s largest travel platforms
Asia
Klook cofounder Ethan Lin thinks the U.S. can help grow one of Asia’s largest travel platforms
By Angelica AngJuly 15, 2026
ibm
Big Tech
‘We did not adapt and move quickly enough’: IBM CEO’s admission of weakness fails to prevent historic 25% stock crash
By Tatiana SatauaJuly 15, 2026
New 250th anniversary coin depicting Trump.
North America
Scott Bessent says $1 coin with Trump’s face on it will ‘honor the enduring legacy of liberty’ with a ‘lasting symbol of patriotism’
By Catherina GioinoJuly 15, 2026
usa
AI
Why IBM just suffered its worst stock crash of all time—and what it says about the market’s two bubbles
By Nick LichtenbergJuly 15, 2026
mark
Law
YouTube appeals verdict, argues it isn’t a social media platform
By Kaitlyn Huamani and The Associated PressJuly 15, 2026
mike
Politics
GOP’s $95 billion war-and-voting bill adds no offsets to $2 trillion deficit
By Kevin Freking, Lisa Mascaro and The Associated PressJuly 15, 2026
A woman at a police commission meeting stands behind a podium speaking animatedly.
North America
LAPD was one of Flock Safety’s biggest government customers. Now it’s renegotiating its partnership over ‘serious concerns around civil liberties’
By Sasha RogelbergJuly 15, 2026
cdc
Politics
CDC nominee refuses to say if she’d defy RFK Jr. on vaccine orders
By Mike Stobbe and The Associated PressJuly 15, 2026
blanche
Politics
‘I’m his lawyer’ — acting Attorney General briefly forgets he’s supposed to represent Americans
By Eric Tucker, Alanna Durkin Richer and The Associated PressJuly 15, 2026
Chipotle is trying to take over Mexico through its softest border town
North America
Chipotle is trying to take over Mexico through its softest border town
By Mia OsmonbekovJuly 15, 2026
pete
Politics
Pete Hegseth wants to test troops for ‘testosterone deficiency’ — literally
By Konstantin Toropin, Matthew Perrone and The Associated PressJuly 15, 2026
warren
North America
Warren Buffett on Bill Gates’ ‘distasteful’ friendship with Jeffrey Epstein: ‘No one bats a thousand in the business of choosing people’
By Josh Funk and The Associated PressJuly 15, 2026
OpenAI wants its speaker to feel alive. Apple says it’s a stolen idea
AI
OpenAI wants its speaker to feel alive. Apple says it’s a stolen idea
By Marco Quiroz-GutierrezJuly 15, 2026
Murati’s Thinking Machines releases first AI model for broad use
AI
Murati’s Thinking Machines releases first AI model for broad use
By Shirin Ghaffary and BloombergJuly 15, 2026
It’s now cheaper to buy a new home than a used one, thanks to builder incentives and baby boomers who don’t want to sell on the low
Real Estate
It’s now cheaper to buy a new home than a used one, thanks to builder incentives and baby boomers who don’t want to sell on the low
By Catherina GioinoJuly 15, 2026
nyc
North America
Mamdani’s $50 World Cup jersey stunt proves some of the oldest criticisms of socialism correct: ‘The odds are extremely stacked against you’
By Nick LichtenbergJuly 15, 2026
U.S. reimposes naval blockade as strikes intensify and Iran threatens to stop all Mideast energy exports
Energy
U.S. reimposes naval blockade as strikes intensify and Iran threatens to stop all Mideast energy exports
By The Associated Press and Jon GambrellJuly 15, 2026
Job interview in office
Success
The $21 billion company behind Eventbrite, Vimeo, and AOL has just revealed how it picked 286 out of 800,000 job applications
By Emma BurleighJuly 15, 2026
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’
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’
By Fortune EditorsJuly 15, 2026
Jon Gray
Success
Blackstone’s president tells Gen Z that just being nice could land them a promotion because ‘people want you to win if you treat them in a good way’
By Preston ForeJuly 15, 2026
sb
Commentary
The national debt is over 100% of GDP and most of Congress is ignoring wishes to rein it in. It’s time to amend the Constitution
By Steve H. Hanke and David M. WalkerJuly 15, 2026
orange
North America
‘Special thanks to the Scots for drinking all the beer’: Mass. governor seals World Cup with welcoming ceremony for an orange traffic cone
By Leah Willingham and The Associated PressJuly 15, 2026
NordicTrack X24 Bike Review (2026): Expert Tested
Health
NordicTrack X24 Bike Review (2026): Expert Tested
By Christina SnyderJuly 15, 2026
khalil
Law
Palestinian activist cites the Ku Klux Klan Act in suit accusing pro-Israel groups of conspiracy against student activists
By Jake Offenhartz and The Associated PressJuly 15, 2026
ice
Politics
Inside ICE’s ‘weaponized vehicle’ defense: why cars as weapons don’t automatically justify deadly force
By The Associated PressJuly 15, 2026
odu
Politics
This marine biologist warned that coral loss could collapse the oceans. Then 3 men walked into his house and shot him
By The Associated PressJuly 15, 2026
taco
Health
Taco Bell ‘voluntarily and temporarily’ cuts ingredients as investigators probe dodgy lettuce behind worst outbreak of its kind
By Mike Stobbe and The Associated PressJuly 15, 2026
mike
North America
Trump wants Minnesota voters to turn to ‘Pillow Man’ Mike Lindell for governor
By Bill Barrow and The Associated PressJuly 15, 2026
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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
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billionplaceholder alt text
By Sydney LakeJuly 20, 2026
AI
Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyardplaceholder alt text
By Aaron Walayat and The ConversationJuly 19, 2026
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