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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
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sheriff
Law
Walmart consulted with Nancy Guthrie investigators over backpack seen in video footage
By Scott Bauer and The Associated PressFebruary 17, 2026
bytedance
AI
Top Hollywood screenwriter warns TikTok’s new tool is at the gates: ‘I hate to say it. It’s likely over for us’
By Barbara Ortutay and The Associated PressFebruary 16, 2026
wealth
Personal Finance
The ultrawealthy have 3 big secrets on reducing taxes including the way they die
By Matt Sedensky and The Associated PressFebruary 16, 2026
ring
Law
Amazon’s Ring decides maybe partnering with a police surveillance firm is a bad idea after wide revulsion at Super Bowl ad
By The Associated PressFebruary 16, 2026
cafe
Arts & Entertainment
Americans’ new tariff coffee math means ditching the Starbucks, McDonald’s and Dunkin’ runs
By Matt Sedensky and The Associated PressFebruary 16, 2026
Warner Bros. weighs reopening sale negotiations with Paramount
Law
Warner Bros. weighs reopening sale negotiations with Paramount
By Lucas Shaw, Michelle F. Davis and BloombergFebruary 15, 2026
FBI says DNA recovered from glove found near Guthrie home appears to match glove worn by suspect
Law
FBI says DNA recovered from glove found near Guthrie home appears to match glove worn by suspect
By Jacques Billeaud and The Associated PressFebruary 15, 2026
Democrats and the Trump administration dig in over DHS oversight, offering no signs of a deal to end the partial government shutdown
Politics
Democrats and the Trump administration dig in over DHS oversight, offering no signs of a deal to end the partial government shutdown
By Aamer Madhani and The Associated PressFebruary 15, 2026
Gasoline-starved California is turning to fuel from the Bahamas
Energy
Gasoline-starved California is turning to fuel from the Bahamas
By Will Kubzansky, Lucia Kassai and BloombergFebruary 15, 2026
Trump’s border czar says ‘small’ security force will remain in Minnesota after enforcement drawdown. ‘We’ll get back to the original footprint’
Politics
Trump’s border czar says ‘small’ security force will remain in Minnesota after enforcement drawdown. ‘We’ll get back to the original footprint’
By Ben Finley and The Associated PressFebruary 15, 2026
U.S. literally can’t afford to lose superpower status as debt looms—so we’re stuck in an ‘increasingly loveless’ marriage with Europe, analyst says
Politics
U.S. literally can’t afford to lose superpower status as debt looms—so we’re stuck in an ‘increasingly loveless’ marriage with Europe, analyst says
By Jason MaFebruary 15, 2026
U.S. military tracks down a sanctioned oil tanker from the Caribbean to the Indian Ocean and ‘shut it down’
Energy
U.S. military tracks down a sanctioned oil tanker from the Caribbean to the Indian Ocean and ‘shut it down’
By Ben Finley and The Associated PressFebruary 15, 2026
The U.S. and Iran will hold a new round of nuclear talks as Trump sends the world’s largest aircraft carrier to the Mideast
Politics
The U.S. and Iran will hold a new round of nuclear talks as Trump sends the world’s largest aircraft carrier to the Mideast
By The Associated PressFebruary 15, 2026
EU foreign policy chief pushes back on U.S. claims that ‘woke, decadent Europe’ is heading toward ‘civilizational erasure’
Europe
EU foreign policy chief pushes back on U.S. claims that ‘woke, decadent Europe’ is heading toward ‘civilizational erasure’
By Emma Burrows, Geir Moulson and The Associated PressFebruary 15, 2026
Thanks to Trump, tax refunds could $1,000 higher this season. Here are the new deductions taxpayers should know about
Personal Finance
Thanks to Trump, tax refunds could $1,000 higher this season. Here are the new deductions taxpayers should know about
By Adriana Morga and The Associated PressFebruary 15, 2026
Newsom pleads with U.S. allies in Europe to see Trump as temporary
Politics
Newsom pleads with U.S. allies in Europe to see Trump as temporary
By Maria Paula Mijares Torres and BloombergFebruary 14, 2026
China expanding aid for Russia’s war, Western officials say
Politics
China expanding aid for Russia’s war, Western officials say
By Alex Wickham, Alberto Nardelli, Colum Murphy and BloombergFebruary 14, 2026
Trump’s Caribbean surge nears $3 billion price tag so far
Politics
Trump’s Caribbean surge nears $3 billion price tag so far
By Jamie Tarabay, Roxana Tiron and BloombergFebruary 14, 2026
Golfers sue over Trump’s overhaul of 100-year-old public course so it doesn’t become ‘another private playground for the privileged and powerful’
Law
Golfers sue over Trump’s overhaul of 100-year-old public course so it doesn’t become ‘another private playground for the privileged and powerful’
By Safiyah Riddle and The Associated PressFebruary 14, 2026
AI is everywhere except in the data, suggesting it will enhance labor in some sectors rather than replace workers in all sectors, top economist says
AI
AI is everywhere except in the data, suggesting it will enhance labor in some sectors rather than replace workers in all sectors, top economist says
By Jason MaFebruary 14, 2026
photo
Law
Gen Z’s latest revolt over Jeffrey Epstein: pointing out a connection to the company that takes class photos
By John Hanna, Kendria LaFleur and The Associated PressFebruary 14, 2026
Amazon’s Ring ends partnership with top operator of license-plate reading systems after Super Bowl ad raises fears of dystopian surveillance society
Law
Amazon’s Ring ends partnership with top operator of license-plate reading systems after Super Bowl ad raises fears of dystopian surveillance society
By The Associated PressFebruary 14, 2026
Congress let more law enforcement agencies to down rogue drones. Then Customs and Border Protection fired a laser, shutting down an airport
Politics
Congress let more law enforcement agencies to down rogue drones. Then Customs and Border Protection fired a laser, shutting down an airport
By Josh Funk and The Associated PressFebruary 14, 2026
TSA agents are working without pay again as DHS shuts down, and experts warn of flight delays even though air traffic controllers aren’t affected
Politics
TSA agents are working without pay again as DHS shuts down, and experts warn of flight delays even though air traffic controllers aren’t affected
By Rio Yamat and The Associated PressFebruary 14, 2026
Rubio backs Trump policy while telling trans-Atlantic allies ‘our home may be in the Western hemisphere, but we will always be a child of Europe’
Europe
Rubio backs Trump policy while telling trans-Atlantic allies ‘our home may be in the Western hemisphere, but we will always be a child of Europe’
By Matthew Lee, Emma Burrows, Geir Moulson and The Associated PressFebruary 14, 2026
The Epstein files reveal an alarming truth about corporate America
C-Suite
The Epstein files reveal an alarming truth about corporate America
By Claire ZillmanFebruary 14, 2026
Trump says regime change in Iran that ousts Islamic clerics ‘would be the best thing that could happen’ as another carrier heads to Mideast
Politics
Trump says regime change in Iran that ousts Islamic clerics ‘would be the best thing that could happen’ as another carrier heads to Mideast
By Konstantin Toropin, Aamer Madhani, Jon Gambrell and The Associated PressFebruary 13, 2026
Donald Trump shrugs as he stands behind the podium in the White House briefing room.
North America
90% of Trump’s tariffs are paid for by American consumers and companies, New York Fed says
By Sasha RogelbergFebruary 13, 2026
Exclusive: Binance fires top investigators who claim to have uncovered evidence of Iranian sanctions violations
Crypto
Exclusive: Binance fires top investigators who claim to have uncovered evidence of Iranian sanctions violations
By Leo Schwartz and Ben WeissFebruary 13, 2026
data center
Politics
Politicians scramble on data centers after putting their voters on the hook for Big Tech’s job-killing AI efforts
By Marc Levy and The Associated PressFebruary 13, 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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