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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

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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

3

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

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

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

3

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’
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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
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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
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Commercial auto insurance explained for business owners
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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
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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
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NordicTrack X24 Treadmill Review (2026): Expert Reviewed
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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
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James Uthmeier
Law
Florida launches criminal probe into OpenAI to see if ChatGPT is responsible for fatal Florida State shooting
By Mike Schneider and The Associated PressApril 21, 2026
Double exposure photograph of a portrait of Mark Zuckerberg and a telephone displaying the Meta group s artificial intelligence logo at Kerlouan in Brittany in France on April 11 2025. (Photo by Vincent Feuray / Hans Lucas / Hans Lucas via AFP) (Photo by VINCENT FEURAY/Hans Lucas/AFP via Getty Images)
AI
Meta will start tracking employees’ screens and keystrokes to train AI tools
By Eva RoytburgApril 21, 2026
Photo of Jeff Bezos (left) and Pete Hegseth before a sign that reads Freedom
Politics
‘Something sinister could be happening’: FBI looks into dead or missing nuclear and space defense scientists tied to NASA, Blue Origin, and SpaceX
By Catherina GioinoApril 21, 2026
Photo of Donald Trump
Economy
‘I thought the oil would be much higher’: Trump’s rosy Iran war spin risks sending traders the wrong message
By Nick LichtenbergApril 21, 2026
A soybean farmer inspects his crops in Maryland
Environment
Tariffs, war, and now a historic drought have converged into a ‘perfect storm’ for U.S. farmers and food prices
By Tristan BoveApril 21, 2026
The inside of a data center in Ashburn, VA.
Environment
Data centers are dealing hidden damage to environmental and public health—costing the economy $25 billion every year
By Tristan BoveApril 21, 2026
Photo of Donald Trump
Politics
Trump officials whisper that his Truth Social posts about Iran risk killing peace talks
By Jake AngeloApril 21, 2026
Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Tuesday, April 21, 2026.
Economy
Kevin Warsh would be one of the wealthiest Fed chairs ever and says he ‘lived the American Dream.’ Here’s what he wants for the central bank
By Eleanor PringleApril 21, 2026
uber
Law
Uber hit with $5,000 jury verdict for driver’s creepy behavior; company vows to appeal
By Audrey McAvoy and The Associated PressApril 21, 2026
Trump and Cook shake hands
C-Suite
Here’s what Warren Buffett, Sam Altman, Donald Trump, and everyone else has to say about Tim Cook stepping down
By Jacqueline MunisApril 21, 2026
ternus
C-Suite
John Ternus, the man stepping into Tim Cook and Steve Jobs’ shoes, is a 25-year Apple veteran with zero LinkedIn posts
By Kelvin Chan and The Associated PressApril 21, 2026
jones
Law
This is not an Onion headline: The Onion wants to acquire Infowars from Alex Jones’ bankruptcy proceedings
By Dave Collins and The Associated PressApril 21, 2026
Donald Trump sits at his desk in the Oval Office with his hands folded, smiling.
Law
The Trump administration has yet to deploy a key legal move that would render tariff refund applications a ‘waste of time,’ federal litigator warns
By Sasha RogelbergApril 21, 2026
iran
Politics
U.S., Iranian officials signal that more cease-fire talks will go ahead in Pakistan
By Munir Ahmed, Jon Gambrell, Samy Magdy and The Associated PressApril 21, 2026
JetBlue told a grieving customer to clear his cookies after a $230 price hike—then deleted the evidence
Law
JetBlue told a grieving customer to clear his cookies after a $230 price hike—then deleted the evidence
By Catherina GioinoApril 21, 2026
U.S. forces board an oil tanker previously sanctioned for smuggling Iranian crude oil
Politics
U.S. forces board an oil tanker previously sanctioned for smuggling Iranian crude oil
By The Associated Press and Bill BarrowApril 21, 2026
Photo of Kevin Warsh
Economy
Inside Kevin Warsh’s opening statement: Inflation is a choice, independence is essential, and a couple of notable name drops
By Eleanor PringleApril 21, 2026
Photo: Tim Cook
Economy
Tim Cook is stepping down. No one is shocked. And that’s a good example of how his critics always underestimated him. 
By Jim EdwardsApril 21, 2026
trump
Commentary
What happens if nothing is done to fix Social Security by 2032?
By Martha SheddenApril 21, 2026
A Shell gas station
Energy
U.S. Energy Sec says gas prices have likely peaked, but won’t go below $3 until 2027. Trump says he’s ‘totally wrong’ about the timeline
By Jacqueline MunisApril 21, 2026
trump
Politics
Trump insists there’s no pressure to end the war in Iran that he started, but ‘it will all happen, relatively quickly!’
By Aamer Madhani, Munir Ahmed, Russ Bynum and The Associated PressApril 20, 2026
Labor Secretary Lori Chavez-DeRemer leaves Trump’s Cabinet after allegations of having an affair with a subordinate and drinking on the job
Politics
Labor Secretary Lori Chavez-DeRemer leaves Trump’s Cabinet after allegations of having an affair with a subordinate and drinking on the job
By Seung Min Kim and The Associated PressApril 20, 2026
‘Tethered to a galaxy far, far away’: Former diplomats doubt Trump’s Iran talks can deliver in final 48 hours
Politics
‘Tethered to a galaxy far, far away’: Former diplomats doubt Trump’s Iran talks can deliver in final 48 hours
By Eva RoytburgApril 20, 2026
Scott Bessent, standing in front on an American flag, puts one hand up as he talks.
Law
$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantage
By Sasha RogelbergApril 20, 2026
White House–backed USA Rare Earth makes $3 billion acquisition in South America to combat Chinese dominance
Energy
White House–backed USA Rare Earth makes $3 billion acquisition in South America to combat Chinese dominance
By Jordan BlumApril 20, 2026
Photo of Alex Karp
Politics
Palantir wants to bring back the draft just as the Selective Service preps for automatic registration
By Catherina GioinoApril 20, 2026
Two Southwest Airline planes narrowly avoided a collision in Nashville on Saturday
North America
Two Southwest Airline planes narrowly avoided a collision in Nashville on Saturday
By The Associated Press and Josh FunkApril 20, 2026
Signs opposing a proposed data center in Monterey Park, CA.
AI
Half of all new electricity demand in the U.S. last year came from data centers—just as public opinion of them plummets
By Tristan BoveApril 20, 2026
FBI Director Kash Patel sues The Atlantic over ‘malicious hit piece’ alleging excessive drinking
Law
FBI Director Kash Patel sues The Atlantic over ‘malicious hit piece’ alleging excessive drinking
By The Associated Press and David BauderApril 20, 2026
Connie and Steve Ballmer pose and smile
Success
Billionaire Connie Ballmer just donated $80 million to support NPR after Trump cut $1.1 billion from public broadcasting
By Jacqueline MunisApril 20, 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
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
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
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