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U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

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Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts

3

Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it

1

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

2

Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts

3

Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
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This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them

A hot IPO summer means family offices are learning how to navigate newly minuted UHNW “IPO Bros” who have that entrepreneurial spirit.

By Catherina GioinoJuly 10, 2026
Fortune 500 Power Moves: Which executives gained and lost power, June 27-July 10, 2026
Fortune 500 Power Moves: Which executives gained and lost power, June 27-July 10, 2026
By Fortune EditorsJuly 10, 2026
Asian businessman using a laptop
One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months
By Preston ForeJuly 10, 2026
Marketing’s new mandate: Why AI is forcing CMOs to think like ‘mini CEOs’ 
Marketing’s new mandate: Why AI is forcing CMOs to think like ‘mini CEOs’ 
By Sam ForsdickJuly 10, 2026
Erling Haaland #9 of Norway
When Erling Haaland isn’t playing for Norway in the World Cup, he’s investing in a chess championship and playing an animated Viking
By Emma BurleighJuly 10, 2026
At least a million woman lose access to humanitarian supports thanks to Trump budget cuts
At least a million woman lose access to humanitarian supports thanks to Trump budget cuts
By The Associated PressJuly 10, 2026
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Future of Work
More in Future of Work
Hybrid‑work expert Nicholas Bloom says World Cup chaos and pricey commutes are turning July into the summer of remote work
Hybrid‑work expert Nicholas Bloom says World Cup chaos and pricey commutes are turning July into the summer of remote work

The economist who has spent two decades studying remote work said most employers are never going back to a fully in-office set up.

By Marco Quiroz-GutierrezJuly 9, 2026
Companies still don’t know how to incorporate AI in a holistic way, says Wharton expert

The real bottleneck isn’t the models—it’s change management and whether leaders can bring people along to work with AI as a partner.

By Sheryl EstradaJuly 9, 2026
AI is about to disrupt millions of jobs. A century ago, America’s answer was to build a new high school

AI is rewriting the rules of work. America’s high schools are still teaching the old ones.

By Tim KnowlesJuly 8, 2026
This CEO pays $1.7 million a year so employees can live in one of America’s most expensive neighborhoods

Rilla CEO Sebastian Jimenez spends around $37,000 annually on each of his 120 workers—and soon, they’ll get to enjoy an office gym and cold plunge.

By Emma BurleighJuly 8, 2026
More in Future of Work
Success
More in Success
Harry Styles waves
Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels, and sent inflation soaring. One Gen Zer paid $1,000 for a tiny ‘box’ hotel room

Young people may be struggling with financial milestones, but Harry Styles fans in the Netherlands proved their spending power can catch bankers’ eyes.

By Preston ForeJuly 10, 2026
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the $68 million budget

Like Elon Musk and governments around the world, Vietnam wants more babies—and it’s giving $68 million to women who have more than one. 

By Orianna Rosa RoyleJuly 10, 2026
Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts

MacKenzie Scott, worth $35.8 billion, just donated a record-breaking gift to the U.S. nonprofit Active Minds to support a “new era of mental health.”

By Emma BurleighJuly 9, 2026
49% of young adults live at home, up 12 points since 2019. An economist says the fallout will reshape marriage, kids, and home-buying

Nearly half of adults under 30 now live with a parent—and the Fed’s data shows the squeeze is creeping into their 30s and 40s

By Catherina GioinoJuly 9, 2026
More in Success
C-Suite
More in C-Suite
Stitch Fix’s CEO inherited a broken tech darling. He’s fixing it like a traditional retail exec
Stitch Fix’s CEO inherited a broken tech darling. He’s fixing it like a traditional retail exec

CEO Matt Baer, a Walmart and Macy’s alum, is refocusing the online personal styling service on retail 101.

By Phil WahbaJuly 10, 2026
The Raising Cane’s co-CEO has seen those World Cup fans praising the chicken and sauce. He’s ‘pretty grateful’ to have ‘chicken fanatics’ worldwide

Raising Cane’s co-CEO AJ Kumaran has seen those World Cup visitors’ videos lauding the chain’s sauce and chicken. Now he’s getting requests worldwide.

By Catherina GioinoJuly 10, 2026
How Qualcomm’s CIO is placing big bets on AI to support the chip company’s diversification push

Qualcomm CIO Atilla Tinic says more internal usage of AI can support the semiconductor company’s diversification efforts.

By John KellJuly 8, 2026
Cathie Wood just bought the SpaceX dip again—and dumped Alibaba to do it

ARK rolled out of Chinese tech to add to Elon Musk’s newly public rocket company, doubling down on a bet it says could be worth $3.1 trillion.

By Marco Quiroz-GutierrezJuly 8, 2026
More in C-Suite
Workplace Culture
More in Workplace Culture
$5 billion CEO calls the managers that candidates didn’t list as references—and he’ll even ask coworkers they clashed with what they really think
$5 billion CEO calls the managers that candidates didn’t list as references—and he’ll even ask coworkers they clashed with what they really think

Job seekers be warned: this CEO tracks down the managers you conveniently left off your reference list to find out what your personality is really like.

By Orianna Rosa RoyleJuly 9, 2026
I skipped college and founded a company at 18. Several exits later, this is what I learned

I built six companies without a diploma. My hiring test isn’t your resume — it’s what you built when nobody assigned it.

By Eric FranciaJuly 7, 2026
Billionaire Mark Cuban says it’s ‘embarrassing’ to not pay employees well—and a $20 minimum wage should be standard

Billionaire entrepreneur Mark Cuban says he’s helped mint ‘at least a thousand millionaires’, and that more employers should share success with staffers.

By Emma BurleighJuly 6, 2026
Exclusive: Xbox’s CEO on 3,200 layoffs, four studios cut, and her blunt warning that ‘we spread ourselves too thin’

Asha Sharma unveiled sweeping changes at the Microsoft unit Monday, including downsizing that will impact 20% of staff.

By Sebastian HerreraJuly 6, 2026
More in Workplace Culture
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Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit
Big Tech
Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit
By Sebastian HerreraJuly 10, 2026
OpenAI CEO Sam Altman sitting next to U.S. President Donald Trump at the G7 Meeting in Evian, France.
AI
OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says
By Emily Forlini and Jeremy KahnJuly 10, 2026
Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company
AI
Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company
By Damian J. Troise and The Associated PressJuly 10, 2026
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
Energy
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
By Joshua HongJuly 10, 2026
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
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Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
By Mia OsmonbekovJuly 10, 2026
The 3 Best IgG Food Panel Tests of 2026: Reviewed by Experts
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The 3 Best IgG Food Panel Tests of 2026: Reviewed by Experts
By Emily PharesJuly 10, 2026
The Best Vitamin D Tests (2026): How to Use at Home and the Lab
Health
The Best Vitamin D Tests (2026): How to Use at Home and the Lab
By Christina SnyderJuly 10, 2026
Taylor Swift paid New York City more than $160,000 to cover the costs tied to her wedding, Mayor Zohran Mamdani confirmed
Arts & Entertainment
Taylor Swift paid New York City more than $160,000 to cover the costs tied to her wedding, Mayor Zohran Mamdani confirmed
By The Associated Press, Catherina Gioino, Andrew Dalton and Kimberlee KruesiJuly 10, 2026
More Leadership
40% of Americans didn’t read a book last year. These 3 are worth the exception
Newsletters
40% of Americans didn’t read a book last year. These 3 are worth the exception
By Diane BradyJuly 10, 2026
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    Personal Finance
    America’s rich are going to be ‘younger, more female—and more openly queer,’ says UBS, all thanks to the Great Wealth Transfer
    By Eleanor PringleJuly 6, 2026
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Success
Self-made multimillionaire says Canadians ‘give no money away’ compared with Americans—research shows U.S. giving is more than twice as high
By Preston ForeJuly 9, 2026
n
Success
My Microsoft exit with no business plan led to a $40 billion internet company—and a debate over risk vs. timing
By Naveen JainJuly 9, 2026
Chief sustainability officers’ new pitch to CEOs: climate action isn’t about morals—it’s about money
Newsletters
Chief sustainability officers’ new pitch to CEOs: climate action isn’t about morals—it’s about money
By Diane BradyJuly 9, 2026
a man having chair still by the window in the office
Economy
Labor force participation falls to 61.5%, the lowest in 50 years outside COVID, and economists say it’s not just people giving up
By Catherina GioinoJuly 8, 2026
The Best Rowing Machines (2026): Trainer Tested and Approved
Health
The Best Rowing Machines (2026): Trainer Tested and Approved
By Christina SnyderJuly 8, 2026
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    Startups & Venture
    David Senra, your favorite billionaire’s favorite podcaster, has turned down every acquisition offer. Here’s why
    By Lily Mae LazarusJuly 6, 2026
New York’s congestion pricing shaved a minute off ambulance response times
North America
New York’s congestion pricing shaved a minute off ambulance response times
By Catherina GioinoJuly 8, 2026
Andrew Forrest, chairman of Fortescue Metals Group Ltd., during a panel session at the World Economic Forum (WEF) Annual Meeting of the New Champions in Dalian, China, on Tuesday, June 23, 2026.
C-Suite
Mining CEO worth $24 billion nearly drowned and had to break his own leg in a freak hiking accident—he used the recovery time to go back to school
By Eleanor PringleJuly 8, 2026
‘They’re not freak occurrences’: Farmers grapple with protecting crops as heat waves and extreme weather become more frequent
Environment
‘They’re not freak occurrences’: Farmers grapple with protecting crops as heat waves and extreme weather become more frequent
By The Associated Press and Joshua A. BickelJuly 8, 2026
Palmer Luckey wearing a lime green shirt with his hands up gesturing
Success
Anduril’s billionaire founder warns U.S. colleges are falling behind China—where students are learning AI. And it’s already ‘hollowed out’ companies
By Preston ForeJuly 8, 2026
Jeremy Grantham, co-founder and chief investment strategist of GMO LLC, during an interview on an episode of Bloomberg Wealth with David Rubenstein in Boston, Massachusetts, US, on Thursday, Aug. 17, 2023.
Investing
Famed investor Jeremy Grantham says history will end up laughing at SpaceX, the ‘craziest IPO in the history of man’ that just joined the Nasdaq 100
By Eleanor PringleJuly 8, 2026
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    Commentary
    Former Trump official: Washington finally let Pell Grants pay for welding school, then buried the idea in 85 pages of red tape
    By Caroline CasagrandeJuly 6, 2026
Unilever’s big World Cup bet is all about building ‘desire at scale’
Newsletters
Unilever’s big World Cup bet is all about building ‘desire at scale’
By Diane BradyJuly 8, 2026
amit
Commentary
Physical AI’s $50 trillion opportunity requires long-term conviction, but the payoff is huge 
By Amit ChaturvedyJuly 8, 2026
Billionaire soccer fan Ken Griffin helped engineer Team USA’s best World Cup run in 24 years. Now, he looks ‘forward to building on that momentum’
Arts & Entertainment
Billionaire soccer fan Ken Griffin helped engineer Team USA’s best World Cup run in 24 years. Now, he looks ‘forward to building on that momentum’
By Catherina GioinoJuly 8, 2026
Billionaires John and Laura Arnold have already donated nearly half their wealth. Now they’re funding a hunt for the health risks of sports betting
Success
Billionaires John and Laura Arnold have already donated nearly half their wealth. Now they’re funding a hunt for the health risks of sports betting
By Sydney LakeJuly 8, 2026
Meet the former Goldman Sachs exec who became the America’s Cup Partnership’s first CEO and is running the 175-year-old trophy like a startup
C-Suite
Meet the former Goldman Sachs exec who became the America’s Cup Partnership’s first CEO and is running the 175-year-old trophy like a startup
By Catherina GioinoJuly 7, 2026
Scott Wu, in front of a blue background, sits in a gray chair and speaks to a person out of frame.
AI
Cognition CEO says tech companies got ‘carried away’ with token leaderboards and should measure employees on output instead
By Sasha RogelbergJuly 7, 2026
Bill Holland gesturing
Success
He went from working in a factory to being rich enough to retire at 32—but 3 decades later, this millionaire still works and takes public transport
By Preston ForeJuly 7, 2026
Tech worker walks to office
Success
Tech used to be a mecca for young talent—now, AI start-ups are hiring fewer entry-level talent in favor of older workers with top degrees
By Emma BurleighJuly 7, 2026
bernie
Politics
Bernie Sanders told me exactly why he had to run. The Democratic Party still isn’t listening
By Tad DevineJuly 7, 2026
heat
Commentary
McKinsey Global Institute: Climate planning has prioritized floods. Heat demands equal attention
By Sylvain Johansson, Mekala Krishnan, Kanmani Chockalingam and Annabel FarrJuly 7, 2026
World Cup fever is real. This CEO is betting it’s not fleeting
Newsletters
World Cup fever is real. This CEO is betting it’s not fleeting
By Diane BradyJuly 7, 2026
j
Commentary
AI didn’t break higher education—It exposed the credential trap
By Jason BenedictJuly 7, 2026
Photo: Asha Sharma
North America
Game over for 20% of Xbox staff as Microsoft hits reset: We ‘didn’t focus on the core business,’ CEO says. ‘We simply spread ourselves too thin.’
By Jim EdwardsJuly 7, 2026
Despite a $220 million net worth, Rafael Nadal says he won’t retire because he hates waking up to no plans—so he’s opened a chain of hotels instead
Success
Despite a $220 million net worth, Rafael Nadal says he won’t retire because he hates waking up to no plans—so he’s opened a chain of hotels instead
By Orianna Rosa RoyleJuly 7, 2026
e
Commentary
SpaceX’s supervoting shares put a decades-old governance debate back in play
By Jeffrey Sonnenfeld and Steven TianJuly 6, 2026
‘Our business today is not healthy’: 1,600 Xbox employees among the 4,800 laid off by Microsoft as it looks to ‘reset’ gaming division
Big Tech
‘Our business today is not healthy’: 1,600 Xbox employees among the 4,800 laid off by Microsoft as it looks to ‘reset’ gaming division
By The Associated PressJuly 6, 2026
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Success
Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it
By Preston ForeJuly 6, 2026
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Newsletters
The tech attention crisis has hit the workplace. One company thinks AI is the cure
By Kristin StollerJuly 6, 2026
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C-Suite
How the company behind Coach and Kate Spade decides what belongs in its portfolio
By Ruth UmohJuly 6, 2026
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Economy
U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debtsplaceholder alt text
By Eleanor PringleJuly 10, 2026
Success
Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughtsplaceholder alt text
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Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing itplaceholder alt text
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