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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
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
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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
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fairfax
Politics
Justin Fairfax, former rising star in Virginia Democratic Party, found dead in his home along with his wife
By Michael Biesecker, Nathan Ellgren and The Associated PressApril 16, 2026
trump
Politics
Trump: Israel and Lebanon agree to cease-fire
By The Associated PressApril 16, 2026
SantaCon, the charity fundraiser where drunk Santas flood NYC streets, was a con after all, say feds
Law
SantaCon, the charity fundraiser where drunk Santas flood NYC streets, was a con after all, say feds
By The Associated Press and Larry NeumeisterApril 16, 2026
A floating solar power plant in India
Energy
Trump’s war in the Middle East may end up a global boon for renewables, as think tank calls return-to-coal narrative ‘meaningless’
By Tristan BoveApril 16, 2026
MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges
Politics
MacKenzie Scott is bypassing the Ivy League and rewriting the $79 billion higher ed playbook by giving to HBCUs and community colleges
By Sydney LakeApril 16, 2026
hochul
Real Estate
New York governor’s take on a millionaires tax: fancy pied-à-terre second apartments worth over $5 million
By Anthony Izaguirre and The Associated PressApril 16, 2026
leo
Politics
Pope Leo XIV: A ‘handful of tyrants’ are ravaging earth with war and exploitation
By Nicole Winfield, Nalova Akua and The Associated PressApril 16, 2026
vought
Politics
Trump has no plan to cut the $39 trillion national debt, but he does want to cut childcare. His budget director is scrambling to clarify
By Nick LichtenbergApril 16, 2026
Jerome Powell, chairman of the US Federal Reserve, during a moderated conversation at Harvard University in Cambridge, Massachusetts, US, on Monday, March 30, 2026.
Economy
Everyone was wondering what Trump wanted more: Warsh smoothly seated at the Fed, or for Powell to pay. We now have an answer
By Eleanor PringleApril 16, 2026
somali
Asia
American YouTuber who calls himself a ‘troll’ sentenced to 6 months in Korean prison for literally dancing on wartime graves
By The Associated PressApril 16, 2026
bbc
Europe
BBC plans to cut up to 2,000 jobs to save 10% of annual budget
By Brian Melley and The Associated PressApril 16, 2026
worker
AI
Most of you are rejecting AI. The data shows you’re running out of time
By Nick LichtenbergApril 16, 2026
Photo: Oil tanker.
Economy
Peace talks are back on while the U.S. plays cat-and-mouse with rogue ships in the Strait of Hormuz
By Jim EdwardsApril 16, 2026
shetty
Commentary
When the shocks keep coming, farmer cooperatives are the only buffer that works
By Shobha ShettyApril 16, 2026
The Iran war’s fertilizer shock is hammering American farmers, and 70% can’t afford what they need for this year’s growing season
Economy
The Iran war’s fertilizer shock is hammering American farmers, and 70% can’t afford what they need for this year’s growing season
By Marco Quiroz-GutierrezApril 16, 2026
A older man walks with a sign that says "Learn from Vietnan. Don't repeat the mistake. Peace now."
Politics
Meet the Americans refusing to pay their taxes in protest of the Trump administration
By Jacqueline MunisApril 16, 2026
Germany already told its workers to ditch four-day weeks and work-life balance. Now the government wants to cut their pay for calling in sick, too
Success
Germany already told its workers to ditch four-day weeks and work-life balance. Now the government wants to cut their pay for calling in sick, too
By Orianna Rosa RoyleApril 16, 2026
hormuz
Energy
Why no nation is truly ‘energy independent’ while the Strait of Hormuz remains closed
By Jordan BlumApril 16, 2026
Exclusive: Doctors and education experts who studied AI’s impact on the young call for a 5-year moratorium in schools
AI
Exclusive: Doctors and education experts who studied AI’s impact on the young call for a 5-year moratorium in schools
By Catherina GioinoApril 16, 2026
trump
Economy
Trumpflation hits the World Cup: Fans face $80–$100 transit fares on top of $4,000-plus tickets
By Jake AngeloApril 15, 2026
yale
Politics
Teacher, blame thyself: Yale report savages Ivy League schools for destroying American trust in higher education
By Nick LichtenbergApril 15, 2026
Fed chair nominee Kevin Warsh is worth more than $100 million and has stakes in SpaceX and Polymarket
Banking
Fed chair nominee Kevin Warsh is worth more than $100 million and has stakes in SpaceX and Polymarket
By Jacqueline MunisApril 15, 2026
live nation
Law
‘Robbing them blind, baby’: Live Nation and Ticketmaster are a monopoly, jury rules
By Larry Neumeister and The Associated PressApril 15, 2026
trump
Politics
Donald and Leo is the latest power-versus-pope showdown stretching back 1,000 years
By Joëlle Rollo-Koster and The ConversationApril 15, 2026
warren
Arts & Entertainment
Elizabeth Warren on her proposal to bring back IRS Direct File: ‘For just one day of bombing Iran, we could pay for 20 years’
By Catherina GioinoApril 15, 2026
Pete Hegseth speaks with both hands in the air as Donald Trump looks on in the background.
Politics
‘I am certain’: Harvard policy expert warns the true cost of the Iran war to U.S. taxpayers will exceed $1 trillion
By Sasha RogelbergApril 15, 2026
strait
Energy
Iran and the U.S. live in 2 different worlds, law of the sea expert says—and both of those are different from most maritime law
By Elizabeth Mendenhall and The ConversationApril 15, 2026
People protesting against tax giants.
Politics
How a free tax filing system from the government went from 296,000 users to zero in just one year
By Catherina GioinoApril 15, 2026
U.S. President Donald Trump waves to the media after walking off of Air Force One at Miami International Airport on April 11, 2026 in Miami, Florida.
Politics
Trump says the Iran war is ‘very close to over’—despite no deal, a live blockade, and threats mounting
By Eva RoytburgApril 15, 2026
meat
Politics
Polarized Minnesota politicians find something to agree on: the meat raffle
By Steve Karnowski, Mark Vancleave and The Associated PressApril 15, 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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