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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

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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xi
Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’

“The development of artificial intelligence should not be a solo performance by any single country,” the Chinese president said at an event in in Shanghai.

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
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
By Lily Mae LazarusJuly 17, 2026
Law
More in Law
How Apollo-owned Michaels turned two rivals’ bankruptcies into a growth strategy
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
‘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
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
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
Trump insists ‘Iran is unhappy right now’ while venting about ‘electric catapults that don’t work’ at defense tech summit

After a long aside about the use of magnets to improve catapults on vessels, Trump finally offered, “I hope I’m not boring anybody.”

By Will Weissert, Sagar Meghani and The Associated PressJuly 16, 2026
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Latest stories from Fortune
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
Raj Subramaniam, CEO of FedEx
Success
FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant
By Emma BurleighJuly 17, 2026
More NewsPage 79 of 100
The company logo is displayed on a building in the Archer Daniels Midland (ADM) complex in Decatur, Illinois.
Law
More than 30 years after fraud at Archer Daniels Midland inspired a Matt Damon film, the company was hit with a $40M fine in a price-fixing probe
By Sheryl EstradaJanuary 28, 2026
Fed Chair Jerome Powell stands at podium and talks
Politics
Jerome Powell says Fed independence isn’t lost … yet. ‘I certainly hope we won’t’ lose it
By Jake AngeloJanuary 28, 2026
troops
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
bessent
Investing
Scott Bessent on the 39% of young Americans thinking favorably of socialism: They’re just not invested in the stock market
By Nick LichtenbergJanuary 28, 2026
Federal Reserve Chairman Jerome Powell walks between meetings at the Fed on January 13, 2026 in Washington, DC.
Banking
Fed holds rates at an unusual moment: Stocks at record highs, dollar under pressure, and Powell in the crosshairs
By Eva RoytburgJanuary 28, 2026
Sam Altman stands.
AI
Sam Altman reportedly says ICE ‘is going too far’ while praising Trump as CEOs toe the line with Minneapolis shootings response
By Jacqueline MunisJanuary 28, 2026
trump
Politics
Trump’s tariffs remain in the balance nearly 3 months after Supreme Court heard challenge
By Mark Sherman, Lindsay Whitehurst and The Associated PressJanuary 28, 2026
carney
North America
‘I meant what I said in Davos’: Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
Fidelity enters crowded stablecoin field with new FIDD token
Crypto
Fidelity enters crowded stablecoin field with new FIDD token
By Jeff John RobertsJanuary 28, 2026
Exclusive: Snout, pet wellness plan startup, raises $110 million in debt and equity
Startups & Venture
Exclusive: Snout, pet wellness plan startup, raises $110 million in debt and equity
By Allie GarfinkleJanuary 28, 2026
Fed favorite Rick Rieder manages a $2.4 trillion BlackRock portfolio—and knows more about the bond market than anyone in America
Economy
Fed favorite Rick Rieder manages a $2.4 trillion BlackRock portfolio—and knows more about the bond market than anyone in America
By Shawn TullyJanuary 28, 2026
sf
Law
Mountain lion saunters through San Francisco’s posh Pacific Heights neighborhood before capture
By Olga R. Rodriguez, Haven Daley and The Associated PressJanuary 27, 2026
man speaks at conference
Crypto
Crypto giant Tether pushes into the U.S. with USAT stablecoin to challenge Circle
By Carlos GarciaJanuary 27, 2026
hemsley
Investing
UnitedHealth is reeling from a nearly 20% stock rout after warning investors about its first revenue decline in decades
By Nick LichtenbergJanuary 27, 2026
President of France Emmanuel Macron speaks during an ambassadorial event in Paris.
Economy
Before California, France tried a wealth tax. Macron repealed it after rich people fled the country instead of paying
By Tristan BoveJanuary 27, 2026
Photo of Howard Buffett
C-Suite
Warren Buffett’s son signals a huge change for philanthropy as he prepares to give away $150 billion
By Jake AngeloJanuary 27, 2026
sala
Politics
‘This is a militia that kills’: Olympics rattled by ICE security detail as mayor declares ‘they are not welcome in Milan, without a doubt’
By Colleen Barry, David Biller, Trisha Thomas and The Associated PressJanuary 27, 2026
trump
Cybersecurity
The White House vows ‘the memes will continue,’ but misinformation experts say please, make it stop
By Kaitlyn Huamani and The Associated PressJanuary 27, 2026
lyons
Law
Minnesota’s chief federal judge wants the head of ICE to explain why he shouldn’t be held in contempt
By Mike Catalini, Steve Karnowski and The Associated PressJanuary 27, 2026
traders
Investing
Wall Street flirts with record high as GM, UnitedHealth report earnings
By Stan Choe and The Associated PressJanuary 27, 2026
trump
Politics
American births outnumbered deaths in 2025 by 519,000 people as population growth rate keeps shrinking
By Mike Schneider and The Associated PressJanuary 27, 2026
Rick Rieder, global chief investment officer of fixed income at BlackRock Inc., listens during a Bloomberg Television interview in New York, U.S., on Friday, Oct. 7, 2016.
Investing
Inside the world of Rick Rieder, the $2.3 trillion insomniac who might soon run the Fed
By Eva RoytburgJanuary 27, 2026
Photo of Roger Marshall
Crypto
Major crypto bill overcomes obstacle as senator cuts plan to target credit card fees
By Carlos GarciaJanuary 27, 2026
boardroom
Workplace Culture
Diversity on Fortune 50 boards: white men haven’t been a majority for 3 years in a row
By Richie Zweigenhaft and The ConversationJanuary 27, 2026
phones
Big Tech
Instagram, TikTok, YouTube finally face day in court over whether they peddle addictive products to kids
By Barbara Ortutay and The Associated PressJanuary 27, 2026
minnesota
Politics
Minnesota launched a website to correct misinformation coming from the Department of Homeland Security
By Claudia Lauer and The Associated PressJanuary 27, 2026
powell
Banking
Jerome Powell poised to displease Trump yet again with more inaction on rate cuts
By Christopher Rugaber and The Associated PressJanuary 27, 2026
minnesota
Politics
Bovino sidelined: border patrol commander under fire for handling of latest shooting to leave Minneapolis, source says
By Steve Karnowski, Mike Balsamo and The Associated PressJanuary 27, 2026
trump
Politics
Trump backing down: a pattern that stretches far beyond Minneapolis
By Aamer Madhani, Steve Karnowski and The Associated PressJanuary 27, 2026
trump
Politics
Trump’s personal Minneapolis response is to travel to Iowa to talk about affordability
By Seung Min Kim, Hannah Fingerhut and The Associated PressJanuary 27, 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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