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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
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Svenja Gudell, Chief Economist, Indeed
Commentary
Indeed chief economist: Aging Baby Boomers are America’s real labor problem, not AI
By Svenja GudellJuly 18, 2026
Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran
Energy
Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran
By Jordan BlumJuly 18, 2026
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
Investing
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
By Shawn TullyJuly 18, 2026
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts
Cybersecurity
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts
By Tatiana SatauaJuly 18, 2026
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
More NewsPage 53 of 100
Trump yelling, camera looking up from an angle
Politics
‘We started this war due to pressure from Israel and its powerful American lobby:’ Trump’s National Counterterrorism Center director resigns over war
By The Associated Press and Seung Min KimMarch 17, 2026
Trump holds a soccer ball along with two men in suits on either side of him.
Politics
The World Anti-Doping Agency wants to ban Trump and U.S. government officials from international sporting events for not paying their dues
By The Associated Press and Eddie PellsMarch 17, 2026
matrix style green screen of text behind a physical deadbolt
Cybersecurity
Your Instagram DMs are no longer encrypted: Meta is reversing course on privacy and removing end-to-end encryption from Instagra
By Catherina GioinoMarch 17, 2026
trump
Politics
Either Trump is lying or the 4 other living presidents are, about war on Iran
By Darlene Superville, Steven Sloan and The Associated PressMarch 17, 2026
Photo: President Trump.
Economy
Backchannel talks between U.S. and Iran offer Trump an off-ramp—if he wants it
By Jim EdwardsMarch 17, 2026
stiglitz
Arts & Entertainment
Nobel economist Joseph Stiglitz says Trump replaced ‘The rule of law with a question: How much will you give me?’
By Joseph E. StiglitzMarch 17, 2026
Exclusive: PayPal expands stablecoin access to 68 more countries
Crypto
Exclusive: PayPal expands stablecoin access to 68 more countries
By Ben WeissMarch 17, 2026
Photo of Ray Dalio
Middle East
Ray Dalio warns a brutal ‘final battle’ for the Strait of Hormuz is coming—and losing could end the American empire
By Eva RoytburgMarch 17, 2026
Photo of a sign reading Billionaire Tax Now
Politics
Only 6 billionaires left California over its proposed wealth tax—but they took $27 billion in potential revenue with them 
By Jacqueline MunisMarch 17, 2026
Trump suggests postponing his key meeting with Xi Jinping by ‘a month or so,’ as Iran overtakes China on the U.S.’s agenda
Politics
Trump suggests postponing his key meeting with Xi Jinping by ‘a month or so,’ as Iran overtakes China on the U.S.’s agenda
By Angelica AngMarch 17, 2026
Photos of Elon Musk (left) and Sen. Bernie Sanders
Personal Finance
Musk says taxing every billionaire at 100% would barely make a dent in the national debt. Bernie says tax them 5% and you’re $3,000 richer
By Catherina GioinoMarch 17, 2026
U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up
Economy
U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up
By Jason MaMarch 16, 2026
Robert F. Kennedy Jr., scrunching his face.
Law
Federal judge blocks RFK Jr.’s childhood vaccine cuts, says he likely broke the law
By The Associated Press and Mike StobbeMarch 16, 2026
Photo of Elon Musk
Politics
‘No, we didn’t’: DOGE staffer admits Elon Musk’s cost-cutting agency failed to reduce the federal deficit
By Sasha RogelbergMarch 16, 2026
Donald Trump
Politics
Trump’s ‘Art of the Deal’ can’t reopen the Strait of Hormuz—and it’s threatening a recession
By Nick LichtenbergMarch 16, 2026
U.S. President Donald Trump listens during a press conference with Ukrainian President Volodymyr Zelensky following their meeting at Trump’s Mar-a-Lago club on December 28, 2025 in Palm Beach, Florida.
Politics
‘Blackmail is also not what I wish for’: America’s allies are ghosting Trump on Strait of Hormuz
By Eva RoytburgMarch 16, 2026
President Donald Trump at the White House
Economy
The energy crisis isn’t recessionary yet, but there’s a scenario where oil prices could bring the US economy to a ‘standstill,’ Oxford Economics says
By Tristan BoveMarch 16, 2026
Iran’s attacks have collapsed, and the trend is ‘overwhelmingly positive,’ analysts say. But the military side is separate from politics and markets
Middle East
Iran’s attacks have collapsed, and the trend is ‘overwhelmingly positive,’ analysts say. But the military side is separate from politics and markets
By Jason MaMarch 16, 2026
Police tape outside of a funeral parlor
Law
Colorado funeral home co-owner who hid nearly 200 bodies and gave families fake ashes seeks leniency at sentencing
By The Associated Press and Colleen SlevinMarch 16, 2026
Orsted logo on a metal fence
Environment
Despite Trump’s best efforts, an offshore wind farm just lit up New England
By The Associated Press and Jennifer McDermottMarch 16, 2026
Sen. Cory Booker
Politics
Republicans go quiet as the U.S.-Iran war enters its third week: Senate Dems
By The Associated Press and Stephen GrovesMarch 16, 2026
People walk in front of a wind farm.
Energy
Massive wind farm offshore Massachusetts flouts Trump, finished construction
By Jennifer McDermott and The Associated PressMarch 16, 2026
Lines at airport security
Politics
‘Air travel is the political football:’ Airline CEOs pen letter to Congress to fund aviation workers: ‘Air travel is the political football’
By The Associated Press and Anne D'InnocenzioMarch 16, 2026
President Donald Trump, his mouth agape on Air Force One.
Politics
Trump Administration races to rebuild tariff revenue after Supreme Court setback
By The Associated Press and Christopher RugaberMarch 16, 2026
bessent
Politics
Bessent talks oil, accuses media of ‘trying to make it into some crisis that it’s not’
By The Associated PressMarch 16, 2026
Strikers holding signs against JBS beef meatpacking
Law
A raw deal: 3,800 Colorado meatpackers stage first beef plant strike in 40 years at one of the largest meatpacking plants in U.S.
By The Associated PressMarch 16, 2026
iran
Politics
Iran minister mocks Trump for ‘begging’ for help on reopening Hormuz, claims attacks came from UAE
By Jon Gambrell, Sam Mednick, Konstantin Toropin, Samy Magdy and The Associated PressMarch 16, 2026
offices
Commentary
The ‘average rent’ mirage: why we need better numbers to understand urban economics
By Stijn Van Nieuwerburgh and Wayne YuMarch 16, 2026
Asia scrambles to respond to Trump’s sweeping Section 301 trade probes, which could pave the way for new tariffs
Economy
Asia scrambles to respond to Trump’s sweeping Section 301 trade probes, which could pave the way for new tariffs
By Angelica AngMarch 16, 2026
Top airline CEOs plead with Congress to restore DHS funding and pay airport workers. ‘Once again, air travel is the political football’
Politics
Top airline CEOs plead with Congress to restore DHS funding and pay airport workers. ‘Once again, air travel is the political football’
By Anne D'Innocenzio and The Associated PressMarch 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
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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