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

2

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

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

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

2

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

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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Law
Politics
After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others
After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others

Trump’s tariff program has gone from generating billions to forcing billions in refunds thanks to February’s Supreme Court ruling.

By Marco Quiroz-GutierrezJuly 17, 2026
xi
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
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
Law
More in Law
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

Menlo’s Amy Wu Martin says the AI music startup’s real business isn’t hit songs—it’s a new habit of making music just for yourself.

By Lily Mae LazarusJuly 17, 2026
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
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
‘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
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
More in Politics
Latest stories from Fortune
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
More NewsPage 32 of 100
Ricky Sandler shuttering Eminence Capital after 27-year run
Investing
Ricky Sandler shuttering Eminence Capital after 27-year run
By Hema Parmar, Zeke Faux and BloombergApril 24, 2026
This is a ‘come to Jesus moment’: Ford CEO says American carmakers are battling a perfect storm
C-Suite
This is a ‘come to Jesus moment’: Ford CEO says American carmakers are battling a perfect storm
By Marco Quiroz-GutierrezApril 24, 2026
European Commission President Ursula von der Leyen
Energy
The EU is spending an extra $28 billion on energy imports, and answering with demand destruction, tax cuts, and a rapid clean energy shift
By Tristan BoveApril 24, 2026
Pete Hegseth stands behind a podium, pointing with one hand and furrowing his brow.
Politics
The U.S. military may have already used up half of its most expensive missiles, and it could take up to 4 years to rebuild its stockpiles
By Sasha RogelbergApril 24, 2026
college graduate
Success
With entry-level jobs vanishing, Gen Z grads are ditching corporate America—piecing together careers with entrepreneurship, gig work and freelancing
By Jake AngeloApril 24, 2026
Your shareholder letter sounds like ChatGPT wrote it. This is the four-word phrase giving CEOs away
AI
Your shareholder letter sounds like ChatGPT wrote it. This is the four-word phrase giving CEOs away
By Molly Liebergall and Morning BrewApril 24, 2026
WASHINGTON, DC - NOVEMBER 02: (L to R) U.S. President Donald Trump shakes hands with his nominee for the chairman of the Federal Reserve Jerome Powell during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Current Federal Reserve chair Janet Yellen's term expires in February. (Photo by Drew Angerer/Getty Images)
Banking
Pirro drops Powell probe, handing Kevin Warsh a lifeline, though U.S. attorney vows to restart probe ‘should the facts warrant doing so’
By Eva RoytburgApril 24, 2026
DeepSeek unveils its newest model at rock-bottom prices and with ‘full support’ from Huawei chips
Asia
DeepSeek unveils its newest model at rock-bottom prices and with ‘full support’ from Huawei chips
By Nicholas GordonApril 24, 2026
betting
Law
Meet the 38-year-old special forces officer charged with using classified info about Maduro’s capture to win $400,000 online
By Hallie Golden, Konstantin Toropin, Hannah Schoenbaum and The Associated PressApril 24, 2026
kiani
Commentary
We could cut 180,000 preventable hospital deaths a year. Here’s exactly why we haven’t
By Joe KianiApril 24, 2026
reagan
Politics
America learned how to guard ships going through the mined Strait of Hormuz in the 1980s during the ‘Tanker War’
By Jon Gambrell and The Associated PressApril 24, 2026
panama
Energy
Panama Canal surge pricing: up to $4 million paid out with Strait of Hormuz still closed
By Alma Solis, Megan Janetsky and The Associated PressApril 24, 2026
Photo: Donald Trump.
Energy
Stocks slump globally as Trump says he’s in no rush to end the war—and California is running out of jet fuel
By Jim EdwardsApril 24, 2026
robert isom
Investing
American Airlines CEO calls United merger a ‘nonstarter’: ‘No way to view that as anything but anticompetitive’
By Jake AngeloApril 24, 2026
Feds charge U.S. Army soldier who made $400,000 from Polymarket bets tied to Maduro capture
Law
Feds charge U.S. Army soldier who made $400,000 from Polymarket bets tied to Maduro capture
By Jeff John RobertsApril 23, 2026
Jensen Huang stands smiling with his arms outstretched.
Big Tech
‘Don’t leave’: Jensen Huang challenges billionaire class as he insists ‘highest taxes in the world’ are OK with him
By Jacqueline MunisApril 23, 2026
You can fly almost anywhere in Europe for €20 while Spirit Airlines is staving off bankruptcy. Here’s the difference
Politics
You can fly almost anywhere in Europe for €20 while Spirit Airlines is staving off bankruptcy. Here’s the difference
By Catherina GioinoApril 23, 2026
The man who helped put meat at the top of RFK Jr.’s new food pyramid is Steak ’n Shake’s new ‘Chief MAHA Officer’
Health
The man who helped put meat at the top of RFK Jr.’s new food pyramid is Steak ’n Shake’s new ‘Chief MAHA Officer’
By Catherina GioinoApril 23, 2026
President Donald Trump
Economy
People living in the U.S. with temporary protected status, targeted by Trump, are a $29 billion economic force
By Tristan BoveApril 23, 2026
Pope Leo says he carries a photo of a slain Muslim boy in his pocket: ‘I cannot be in favor of war’
Politics
Pope Leo says he carries a photo of a slain Muslim boy in his pocket: ‘I cannot be in favor of war’
By Nicole Winfield and The Associated PressApril 23, 2026
‘It was like this little gift that fell in my lap’: Millions of Americans may soon discover they’ve been Canadian all along
North America
‘It was like this little gift that fell in my lap’: Millions of Americans may soon discover they’ve been Canadian all along
By The Associated Press and Sarah RazaApril 23, 2026
altman
AI
OpenAI releases GPT-5.5 amid a shift to rapid-fire AI updates
By Sharon GoldmanApril 23, 2026
trump
Energy
Trump’s strategy for a mined-shut Strait of Hormuz: appease Joe Rogan with psychedelics and weed
By Nick LichtenbergApril 23, 2026
David Ellison smiles
Arts & Entertainment
Paramount’s $81 billion Warner Bros mega merger moves closer to becoming a reality as shareholders approve deal
By Wyatte Grantham-Philips and The Associated PressApril 23, 2026
desantis
Workplace Culture
‘The disfavored groups, No. 1, obviously, would be white males’: Ron DeSantis is still signing anti-DEI legislation
By Mike Schneider and The Associated PressApril 23, 2026
child
Law
America actually listened to the parental childcare crisis with record number of 4-year-olds in state preschool
By Moriah Balingit and The Associated PressApril 23, 2026
michigan
Politics
It’s raining ice in Michigan: ‘They’re mini glaciers, if you will’
By Sarah Brumfield, Corey Williams and The Associated PressApril 23, 2026
nunes
Politics
Devin Nunes is no longer CEO of Truth Social after 67% stock plunge wipes out $6 billion in market cap
By Bernard Condon and The Associated PressApril 23, 2026
flood
Environment
Over 17 million Americans live in homes that could be flooded any second now, University of Alabama researchers find
By Seth Borenstein and The Associated PressApril 23, 2026
cdc
Politics
CDC blocks release of study on COVID vaccine effectiveness
By Mike Stobbe and The Associated PressApril 23, 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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