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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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Svenja Gudell, Chief Economist, Indeed
Indeed chief economist: Aging Baby Boomers are America’s real labor problem, not AI

America’s labor force will shrink by 6 million workers by 2032. If you’re worried about AI taking your job, you’re worrying about the wrong thing.

By Svenja GudellJuly 18, 2026
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
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
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts
By Tatiana SatauaJuly 18, 2026
Sarah Friar, CFO of OpenAI
OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off
By Sheryl EstradaJuly 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
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
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
By Tatiana SatauaJuly 17, 2026
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Big Tech
More in Big Tech
The Netflix logo is displayed on a smartphone screen featuring a color gradient in the background.
Netflix stock hits a 52-week low after earnings—but analysts say investors are missing the bigger picture

There may be a growth story brewing at Netflix that the market is missing.

By Sheryl EstradaJuly 17, 2026
Tech stocks lead steep global sell-off as investors lose faith in AI chip trade

Everything you need to know before you reach the office this morning.

By Jim EdwardsJuly 17, 2026
Runaway Tesla that crashed into a grandmother’s living room was actually being steered by a human, investigators find

Federal investigators say a Model 3 in Katy, Texas was on Full Self-Driving (Supervised) when the driver slammed the accelerator to 100%.

By Bernard Condon and The Associated PressJuly 16, 2026
Netflix used AI to produce 17 minutes of a documentary ‘twice as fast and at half the cost’—as streaming competition drives up content spending to $20 billion

The streaming company touted the efficiencies of AI in its Q2 earnings, while stressing that movies will still be ‘made by people who make movies.’

By Amanda GerutJuly 16, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album

K3 might undermine the conventional wisdom that U.S. firms can maintain their extended lead by simply outspending Chinese competitors on computing power.

By Nicholas GordonJuly 17, 2026
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
Big Tech’s top executives warn enterprises are giving away too much to AI labs

Microsoft’s Satya Nadella and Palantir’s Alex Karp are both warning enterprises that AI labs are quietly mining the data that makes them valuable.

By Beatrice NolanJuly 16, 2026
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory

“K3 stands as Moonshot AI’s most powerful open-source coding model to date,” Moonshot AI wrote in a press release.

By Nicholas GordonJuly 16, 2026
More in Startups & Venture
AI
More in AI
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz

The coverage ratio for hyperscaler bond issuance tumbled from 5x in February 2026 to below 2x in July.

By Jason MaJuly 17, 2026
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
Esther Perel has a warning for executives: your workforce is suffering from social atrophy and AI is making it worse 

Europe’s boardrooms have spent the past year fixated on productivity, AI adoption, and the search for growth in a stagnant economy. Esther Perel thinks they’re missing a more urgent problem.

By Sam BirchallJuly 17, 2026
With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises

Palantir CEO Alex Karp expects his fortune to grow to $300 billion thanks to AI—he says the U.S “biggest problem” is wealth going to unrelatable tech bros.

By Preston ForeJuly 17, 2026
More in AI
Innovation
More in Innovation
merck
The cholesterol shot you couldn’t afford is now a pill

The FDA has cleared Merck’s Lipfendra for patients whose artery‑clogging cholesterol remains high despite statins.

By Matthew Perrone and The Associated PressJuly 16, 2026
‘Japan’s excellence is a philosophy, a way of life’: Jensen Huang wants robots to take care of an aging society with a labor shortage

The push pairs Nvidia’s chips with Japan’s manufacturing giants Fanuc, Yaskawa and Kawasaki, backed by a $2.3 trillion national tech plan.

By Yuri Kageyama and The Associated PressJuly 16, 2026
Bunkerhill Health raises $55 million to put AI agents to work inside hospitals

Backed by Sequoia’s Alfred Lin and Khosla Ventures, this startup is betting that healthcare’s real AI opportunity isn’t diagnosis—it’s process.

By Allie GarfinkleJuly 16, 2026
Meet the AI employee that convinced Sequoia to invest $45 million in Sable

Startup Sable says its AI agent acts like a sales engineer and onboarding specialist, helping companies like Notion and Decagon automate customer conversations.

By Lily Mae LazarusJuly 16, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack pushing crypto tokenization
Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack pushing crypto tokenization

Airbnb CEO Brian Chesky appears to have been the target of a cyberattack, sources tell Fortune.

By Rachel VentrescaJuly 16, 2026
‘I want to cry, I want to vomit’: Meet a 43-year-old who lost $90,000 to an online boyfriend she never met

It lasted for over 237 days and 10,449 messages, and she’s not alone: U.S. losses to romance scams hit $1.3 billion last year.

By Juliet Linderman and The Associated PressJuly 16, 2026
LAPD was one of Flock Safety’s biggest government customers. Now it’s renegotiating its partnership over ‘serious concerns around civil liberties’

The department recently announced it would not renew its contract due to how Flock collects and shares data.

By Sasha RogelbergJuly 15, 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 Cybersecurity
Latest stories from Fortune
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
After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others
Economy
After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others
By Marco Quiroz-GutierrezJuly 17, 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
NordicTrack X24 Treadmill Review (2026): Expert Reviewed
Health
NordicTrack X24 Treadmill Review (2026): Expert Reviewed
By Christina SnyderJuly 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
Best certificates of deposit (CDs) for July 2026
Personal Finance
Best certificates of deposit (CDs) for July 2026
By Glen Luke FlanaganJuly 17, 2026
More TechPage 37 of 100
“I had to turn down President Obama” 
Magazine
“I had to turn down President Obama” 
By Kamal AhmedMay 13, 2026
  • The Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
    Economy
    The Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
    By Jim EdwardsMay 12, 2026
lloyd
AI
Lloyd Blankfein just put his finger on why even Goldman Sachs is wary of AI agents
By Nick LichtenbergMay 13, 2026
Current price of Ethereum for May 31, 2026
Personal Finance
Current price of Ethereum for May 13, 2026
By Joseph HostetlerMay 13, 2026
250
Commentary
For 250 years, America didn’t just invent the future—it built it. That connection is breaking. Here’s how to restore it
By Eric Kutcher, Shubham Singhal, Olivia White and Scott BlackburnMay 13, 2026
zach
Commentary
I spent 8 years building Google Sheets. Now I think apps are on their way out
By Zach LloydMay 13, 2026
Four ways to create a lasting cost advantage from AI
Partner Commentary
Four ways to create a lasting cost advantage from AI
By Paul GoydanMay 13, 2026
  • Exclusive: Roadrunner raises $27 million from Kleiner Perkins and Founders Fund
    Newsletters
    Exclusive: Roadrunner raises $27 million from Kleiner Perkins and Founders Fund
    By Allie GarfinkleMay 12, 2026
frazier
Commentary
Your grandma should be using AI. really
By Kevin FrazierMay 13, 2026
Kyle Rush, Martha Stewart, and Yin-Han Ma smiling
Startups & Venture
Exclusive: Martha Stewart’s new AI startup wants to manage your home before things break
By Lily Mae LazarusMay 13, 2026
jeffrey
Commentary
Imposter syndrome used to be a lie. AI made it true
By Jeffrey Sanchez-BurksMay 13, 2026
Photo: Young woman spending day outside in residential area in city.
AI
Wells Fargo: AI is a ‘euphoric’ bubble and investors should ride it until it pops
By Jim EdwardsMay 13, 2026
What drones and drug discovery have in common
Newsletters
What drones and drug discovery have in common
By Allie GarfinkleMay 13, 2026
  • A mobile webpage discussing Anthropic's Mythos tool on its Project Glasswing website on April 23, 2026. (Photo: Brendon Thorne/Bloomberg/Getty Images)
    Newsletters
    Google: Hackers are using AI to weaponize zero-day vulnerabilities
    By Andrew NuscaMay 12, 2026
Google's new Googlebook laptop. (Courtesy: Google)
Newsletters
Behold, the Googlebook
By Andrew NuscaMay 13, 2026
A gold Nvidia server exhibit
AI
Encrypted texts reveal how Nvidia chips and U.S. tech are being smuggled to China and Russia
By Amanda GerutMay 13, 2026
Sam Altman walks inside a courthouse
Law
Sam Altman defends himself as a ‘honest and trustworthy businessperson’ in trial testimony detailing his past dealings with Elon Musk
By The Associated Press, Barbara Ortutay and Matt O'BrienMay 12, 2026
An employee pulls out a server rack shelf at the rear of a Trainium3 UltraServer at an Amazon Web Services QA lab in Austin, Texas, on February 3, 2026.
AI
‘That doesn’t sound very healthy’: Amazon’s reported tokenmaxxing might gamify AI usage, analyst warns
By Eva RoytburgMay 12, 2026
amazon
Retail
Amazon’s promise of 30-minute delivery collides with memories of Domino’s drivers crashing in the late 1980s
By Anne D'Innocenzio and The Associated PressMay 12, 2026
robot
AI
This South Korean hotel worker is training a robot to fold a banquet napkin: ‘I’ve been doing this about once a month’
By Kim Tong-Hyung and The Associated PressMay 12, 2026
DHS wants to build AI smart glasses using the facial recognition tech ICE agents already ‘could be’ using on Americans
Law
DHS wants to build AI smart glasses using the facial recognition tech ICE agents already ‘could be’ using on Americans
By Catherina GioinoMay 12, 2026
turner
Commentary
Ted Turner built the original infinite scroll. The attention economy is running on his playbook 
By Nick LichtenbergMay 12, 2026
Employees in a General Motors factory.
Economy
The U.S. auto industry went from global hegemon to running a $3.3 trillion trade deficit with the world: ‘That’s not acceptable’
By Tristan BoveMay 12, 2026
dario
Law
Even as hallucinations show up in legal filings, Big Law goes all in on AI with new Anthropic release
By Nick LichtenbergMay 12, 2026
person alone in office
Economy
The China shock hollowed out factory towns. This professor thinks the AI shock is coming for your urban coffee shop
By Jake AngeloMay 12, 2026
Man sitting staring at his computer.
Newsletters
Chatbots are becoming mental health tools before they are ready
By Beatrice NolanMay 12, 2026
Ed Bastian with both his hands up
Success
Delta CEO Ed Bastian asked AI to write his graduation speech—then scrapped it and warned Gen Z against ‘pushing the easy button’
By Preston ForeMay 12, 2026
Daniela Amodei, co-founder and president of Anthropic
Success
Anthropic’s Daniela Amodei says entrepreneurs should go on vacation to road test potential cofounders—if they’re a drain, they’re ‘the wrong choice’
By Emma BurleighMay 12, 2026
AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years
AI
AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years
By Marco Quiroz-GutierrezMay 12, 2026
Girls say AI is a smarter tutor, a funnier comedian, and has better taste than their parents, new Girl Scouts survey finds
AI
Girls say AI is a smarter tutor, a funnier comedian, and has better taste than their parents, new Girl Scouts survey finds
By Catherina GioinoMay 12, 2026
Greenboard co-founders Dave Feldman and Ed Schembor
Startups & Venture
Greenboard raises $15.5 million to keep compliance from slowing down business in the AI era
By Jack KubinecMay 12, 2026
klein
Commentary
SAP CEO: the AI race is being fought in the wrong place 
By Christian KleinMay 12, 2026
AI strategy
Commentary
Your company already has an AI strategy. You just didn’t choose it
By Tomas Chamorro-Premuzic, Tami Rosen and Darko LovricMay 12, 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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