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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
More in Politics
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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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Commercial auto insurance explained for business owners
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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
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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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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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Trump warns he’s considering limited strikes on Iran and says Tehran ‘better negotiate a fair deal’
Politics
Trump warns he’s considering limited strikes on Iran and says Tehran ‘better negotiate a fair deal’
By Farnoush Amiri, Seung Min Kim and The Associated PressFebruary 20, 2026
ceos
Commentary
We heard CEOs rip into Trump’s tariffs behind the scenes and the Supreme Court just vindicated them
By Jeffrey Sonnenfeld, Steven Tian and Stephen HenriquesFebruary 20, 2026
With Trump’s tariffs deemed illegal by the Supreme Court, Costco stands to win big both financially and on reputation
Law
With Trump’s tariffs deemed illegal by the Supreme Court, Costco stands to win big both financially and on reputation
By Phil WahbaFebruary 20, 2026
The Supreme Court’s bombshell tariff ruling failed to answer a $133 billion question over refunds: Here’s what happens now
Law
The Supreme Court’s bombshell tariff ruling failed to answer a $133 billion question over refunds: Here’s what happens now
By Jeff John RobertsFebruary 20, 2026
trump
Law
Trump on ruling that he violated Constitution: Justices were ‘disloyal to our Constitution’
By Josh Boak, Steve Peoples and The Associated PressFebruary 20, 2026
kavanaugh
Law
Brett Kavanaugh warns of ‘mess’ to come whenever Trump returns billions of dollars in illegal tariff revenue
By Lindsay Whitehurst and The Associated PressFebruary 20, 2026
A security guard on the steps of the US Supreme Court in Washington, DC, US, on Friday, Feb. 20, 2026.
Law
CFO whose business fell 10% from tariffs cheers Supreme Court ruling: ‘No single person should have unilateral authority over tariffs’
By Sheryl EstradaFebruary 20, 2026
People, mostly women, stand outside chanting with signs supporting nurses.
North America
New York nurses union wins 12% raise, AI safeguards in a tentative deal to end monthlong strike
By Philip Marcelo, Jennifer Peltz and The Associated PressFebruary 20, 2026
A woman works as President Donald Trump's speak on the television in front of her.
Politics
Wall Street shrugs at widely expected Supreme Court tariff ruling
By Stan Choe and The Associated PressFebruary 20, 2026
epstein
Law
How Jeffrey Epstein exploited colleges’ ‘tremendous drive to acquire money’
By Brian Herman and The ConversationFebruary 20, 2026
Trump calls Supreme Court justices who struck down his tariffs a ‘disgrace to our nation’ and vows fresh duties under other laws
Law
Trump calls Supreme Court justices who struck down his tariffs a ‘disgrace to our nation’ and vows fresh duties under other laws
By Jason MaFebruary 20, 2026
Trump stands outside Air Force One in Fort Bragg, North Carolina
Economy
‘We are in a dismal fiscal situation, and it just got worse’: Budget watchdog sounds the alarm even louder after Supreme Court erases Trump’s tariffs
By Tristan BoveFebruary 20, 2026
Trump vows to release classified information on aliens after admonishing Obama for commenting on classified information about aliens  
Politics
Trump vows to release classified information on aliens after admonishing Obama for commenting on classified information about aliens  
By Catherina GioinoFebruary 20, 2026
Zuckerberg walks flanked by a man and a woman wearing Meta Ray-Ban glasses.
Law
Mark Zuckerberg’s entourage threatened with contempt for wearing Meta AI glasses into a no-recording courtroom
By Jacqueline MunisFebruary 20, 2026
trump
North America
‘Trump will no longer be able to honor many of the ”deals” he has negotiated’: How the Supreme Court crippled America’s negotiator-in-chief
By Nick LichtenbergFebruary 20, 2026
Joseph Stiglitz stands behind a glass podium, pointing emphatically.
Economy
Nobel economist warns a dearth of blue-collar jobs is among the biggest threats to the U.S. economy—and they fell by more than 100,000 last year
By Sasha RogelbergFebruary 20, 2026
President Donald Trump
Economy
The ‘alternative scenario’ of an even bigger national debt disaster is in play after the Supreme Court ruled Trump’s tariffs illegal
By Tristan BoveFebruary 20, 2026
roberts
Law
Supreme Court slaps down $175 billion worth of Trump tariffs as unconstitutional
By Nick Lichtenberg, Jake Angelo and Lily Mae LazarusFebruary 20, 2026
Why influential Wintermute founder Evgeny Gaevoy thinks crypto has strayed from its cypherpunk roots
Crypto
Why influential Wintermute founder Evgeny Gaevoy thinks crypto has strayed from its cypherpunk roots
By Leo SchwartzFebruary 20, 2026
carr
Politics
First, Colbert, now ‘The View’: Trump’s FCC opens equal time investigation into political chat show
By Meg Kinnard and The Associated PressFebruary 20, 2026
hess
Politics
U.S. Olympian who Trump called ‘a real loser’ holds an ‘L’ to his head after a successful qualifying run
By Eddie Pells and The Associated PressFebruary 20, 2026
zuck
Law
Big tech’s tobacco or opioid moment? ‘Reckoning’ seen in swirl of social media addiction trials
By Barbara Ortutay and The Associated PressFebruary 20, 2026
guthrie
Law
Desperate federal investigators weigh using DNA genealogy websites for Nancy Guthrie case
By Ed White and The Associated PressFebruary 20, 2026
HUD
Politics
Trump’s housing secretary moves to end ‘days of illegal aliens, ineligibles, and fraudsters gaming the system’
By Michael Casey and The Associated PressFebruary 20, 2026
grisham
Politics
New Mexico’s historic move to give universal child care to parents in the state is paid for by an oil and gas windfall
By Morgan Lee, Savannah Peters and The Associated PressFebruary 20, 2026
US President Donald Trump (L) and China's President Xi Jinping shake hands as they arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025.
Economy
Trump’s justification for the tariffs was rebalancing the trade deficit—it’s not going the way he wanted
By Eleanor PringleFebruary 20, 2026
bill gates
Law
As Gates’ Epstein connection unnerves staff, his foundation looks for a way forward
By Jake AngeloFebruary 20, 2026
A man walks past graffiti of the late Cuban leader Fidel Castro on a street in Havana on Feb. 16, 2026.
Energy
Cuba is quickly nearing a point of no return as the U.S. weaponizes its Venezuelan oil supplies
By Jordan BlumFebruary 20, 2026
Matthew McConaughey of "The Lost Bus" at the Variety Studio during the Toronto International Film Festival held at The St. Regis Toronto on September 06, 2025 in Toronto, Canada.
AI
Matthew McConaughey sounds the alarm for artists in fight against AI misuse: ‘Own yourself…so no one can steal you’
By Eva RoytburgFebruary 19, 2026
A photo of Andrew Mountbatten Windsor is displayed as U.S. Attorney General Pam Bondi testifies before the House Judiciary Committee in the Rayburn House Office Building on February 11, 2026 in Washington, DC.
Europe
Former Prince Andrew was arrested. Bill Gates backed away from a speech. For these power players, the Epstein walls are closing in
By Eva RoytburgFebruary 19, 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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