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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

2

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

3

Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google

1

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

2

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

3

Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google
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xi
Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’

“The development of artificial intelligence should not be a solo performance by any single country,” the Chinese president said at an event in in Shanghai.

By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026
white house
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
ice
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
trump
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
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
Suno Ai on a phone screen with Warner Music Group's logo in the background.
The VC betting $5.4 billion that Suno is the future of music
By Lily Mae LazarusJuly 17, 2026
Law
More in Law
How Apollo-owned Michaels turned two rivals’ bankruptcies into a growth strategy
How Apollo-owned Michaels turned two rivals’ bankruptcies into a growth strategy

The arts and crafts retailer leaning on party supplies and fabric to end years of stagnation.

By Phil WahbaJuly 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

Two organizations targeted by O’Leary say his comments caused “significant economic losses, severe emotional distress, and ongoing threats to their physical safety.”

By Marco Quiroz-GutierrezJuly 17, 2026
Epstein survivors say Todd Blanche ignored them. Now one Republican senator is making him listen

As Trump’s AG nominee apologizes for redaction errors that left nude photos and names of accusers exposed, Thom Tillis is dangling his decisive vote.

By Alanna Durkin Richer, Joey Cappelletti and The Associated PressJuly 16, 2026
‘We absolutely screwed up’: JD Vance blames Pam Bondi for the Trump administration’s miscommunication around the Epstein files

The vice president went on Joe Rogan’s podcast on Wednesday and said the former DOJ head “overstated” what was in the Epstein files.

By The Associated Press and Seung Min KimJuly 16, 2026
More in Law
Politics
More in Politics
t
Tariff Man’s money machine broke. Now he’s trying to fix it with a forced‑labor crusade

After the Supreme Court killed his emergency‑powers import taxes and forced massive refunds, Trump is racing to meet a July 24 deadline.

By Paul Wiseman and The Associated PressJuly 16, 2026
Europe optimized its supply chains for cost. Now it must pay for resilience  

Richard Saynor, CEO of Fortune 500 Europe company, Sandoz Group, and manufacturer of generic medicines, argues resilience requires investment that markets often fail to reward

By Richard SaynorJuly 16, 2026
Meta Oversight Board study: AI chatbots may be the most perfect propaganda machine ever invented

The study found bots even answer differently based on language too — ChatGPT calls China “not a democracy” in English, but hedges in Chinese.

By Didi Tang and The Associated PressJuly 16, 2026
Trump insists ‘Iran is unhappy right now’ while venting about ‘electric catapults that don’t work’ at defense tech summit

After a long aside about the use of magnets to improve catapults on vessels, Trump finally offered, “I hope I’m not boring anybody.”

By Will Weissert, Sagar Meghani and The Associated PressJuly 16, 2026
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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
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 Press and Nick LichtenbergJuly 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
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
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People shop at a Lidl Supermarket on May 11, 2026 in the Crown Heights neighborhood of the Brooklyn borough in New York City.
Economy
‘It’s a miserable number’: Inflation surges as the Iran war and breakneck AI spending are crushing consumers 
By Eva RoytburgMay 12, 2026
gas
Energy
April inflation shoots 3.8% higher on surging prices from war in Iran
By Paul Wiseman and The Associated PressMay 12, 2026
US President Donald Trump and Tesla CEO Elon Musk speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC.
Economy
Trump is on a charm offensive ahead of President Xi meeting—and he wants Elon Musk and Tim Cook in tow
By Eleanor PringleMay 12, 2026
Navy plans to buy 15 costly Trump-class battleships by 2055
Politics
Navy plans to buy 15 costly Trump-class battleships by 2055
By Tony Capaccio, Roxana Tiron and BloombergMay 11, 2026
Painting the Reflecting Pool is ‘more appropriate to a resort or theme park,’ says the president of a nonprofit suing the Trump administration
Law
Painting the Reflecting Pool is ‘more appropriate to a resort or theme park,’ says the president of a nonprofit suing the Trump administration
By The Associated Press and Steven SloanMay 11, 2026
A female Indigenous Navajo small business owner at work in her jewelry shop.
Economy
Native American businesses have diversified beyond casinos to become a rural economic force. Trump is cutting off a lifeline that goes beyond tribes
By Tristan BoveMay 11, 2026
donald trump
Energy
Trump wants to suspend the federal gas tax. The move could mean higher debt—and more potholes
By Jake AngeloMay 11, 2026
Donald Trump pictured during a press conference following a Supreme Court ruling on his tariff policy.
Economy
Fed researchers see a ‘full pass-through’ of Trump’s tariff costs to consumers, adding almost a full percentage point to inflation
By Tristan BoveMay 11, 2026
lamb
Arts & Entertainment
Joni Lamb, founder of one of the largest Christian TV networks in the world, dies at 65
By John Seewer and The Associated PressMay 11, 2026
foxman
Politics
Abe Foxman, longtime director of Anti-Defamation League, dies at 86
By The Associated PressMay 11, 2026
Santa Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families
Law
Santa Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families
By Bloomberg and Kurt WagnerMay 11, 2026
baby
Law
Congratulations! If you named your kid Olivia or Liam, you’re officially basic
By Fatima Hussein and The Associated PressMay 11, 2026
todd
Law
Biden’s DOJ sued a data company, accusing it of helping Big Meat fix prices. Trump’s DOJ is about to settle
By Alanna Durkin Richer and The Associated PressMay 11, 2026
gas
Economy
Oregon Democrats have genius political strategy: raising the gas tax heading into the midterm elections
By Claire Rush and The Associated PressMay 11, 2026
iran
Politics
Trump says ceasefire is on ‘life support’ after Iran’s latest nuclear offer was ‘garbage’
By Jon Gambrell, Seung Min Kim, Samy Magdy and The Associated PressMay 11, 2026
trump
Asia
Trump and Xi may meet 4 times in the next 8 months as Air Force One heads to Beijing
By Will Weissert and The Associated PressMay 11, 2026
starmer
Politics
Keir Starmer says he’s in ‘battle for the soul of our nation,’ vows to draw UK closer to EU
By Jill Lawless and The Associated PressMay 11, 2026
Young Americans are more pessimistic about jobs than their parents—and no advanced economy has ever seen this kind of divide
Economy
Young Americans are more pessimistic about jobs than their parents—and no advanced economy has ever seen this kind of divide
By Nicholas Riccardi and The Associated PressMay 11, 2026
The widow of a man killed in a Florida mass shooting is suing ChatGPT maker OpenAI, claiming it ‘knew this would happen’
Law
The widow of a man killed in a Florida mass shooting is suing ChatGPT maker OpenAI, claiming it ‘knew this would happen’
By The Associated Press and Jeff MartinMay 11, 2026
‘It’s here’: Google issues dire warning after catching hackers using AI to break into computers
AI
‘It’s here’: Google issues dire warning after catching hackers using AI to break into computers
By Matt O'Brien and The Associated PressMay 11, 2026
‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
Politics
‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
By Jim EdwardsMay 11, 2026
voters in line
Economy
Forget the Rust Belt or the Sun Belt. The ‘Wired Belt’ may be the next frontier of American political power
By Jake AngeloMay 11, 2026
Markets sell off as U.S.-Iran ceasefire plans go nowhere, leaving Trump with military options to reopen the Strait of Hormuz
Energy
Markets sell off as U.S.-Iran ceasefire plans go nowhere, leaving Trump with military options to reopen the Strait of Hormuz
By Jason MaMay 10, 2026
Mexican cartel armed with explosives launched from drones attacks rural communities, forcing 800-1,000 families to flee
North America
Mexican cartel armed with explosives launched from drones attacks rural communities, forcing 800-1,000 families to flee
By Megan Janetsky and The Associated PressMay 10, 2026
Trump quickly blasts Iran’s response to U.S. ceasefire proposal as ‘totally unacceptable’ after warning Tehran ‘will be laughing no longer’
Politics
Trump quickly blasts Iran’s response to U.S. ceasefire proposal as ‘totally unacceptable’ after warning Tehran ‘will be laughing no longer’
By Jon Gambrell, Samy Magdy and The Associated PressMay 10, 2026
Netanyahu says war with Iran isn’t over, need to secure uranium
Politics
Netanyahu says war with Iran isn’t over, need to secure uranium
By Yash Roy and BloombergMay 10, 2026
Iran responds to U.S. ceasefire proposal, saying talks must focus on permanently ending the war on all fronts
Politics
Iran responds to U.S. ceasefire proposal, saying talks must focus on permanently ending the war on all fronts
By Jon Gambrell, Samy Magdy and The Associated PressMay 10, 2026
China may not offer breakthroughs when Trump meets Xi because Beijing is ‘working backward from our midterm elections’
Asia
China may not offer breakthroughs when Trump meets Xi because Beijing is ‘working backward from our midterm elections’
By Will Weissert and The Associated PressMay 10, 2026
Shaky Iran war ceasefire tested again as drone hits cargo ship off Qatar coast while Kuwait and UAE repel drone attacks
Politics
Shaky Iran war ceasefire tested again as drone hits cargo ship off Qatar coast while Kuwait and UAE repel drone attacks
By Jon Gambrell, Samy Magdy and The Associated PressMay 10, 2026
Elon Musk stares
Economy
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
By Jacqueline MunisMay 10, 2026
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Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran warplaceholder alt text
By Sasha RogelbergJuly 17, 2026
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’placeholder alt text
By Fortune EditorsJuly 15, 2026
Big Tech
Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Googleplaceholder alt text
By Mia OsmonbekovJuly 16, 2026
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