Trump’s justification for the tariffs was rebalancing the trade deficit—it’s not going the way he wanted
President Trump hates the United States’ trade deficit. Indeed, he is so concerned about the “economic and national security risks”...
Defy Ventures teaches entrepreneurship in prisons. It changed how I think about founders
I love going to prison with Andrew Glazier. Glazier is the CEO of Defy Ventures, a Los Angeles-based nonprofit running...
Amazon dethrones Walmart as No. 1 on the Fortune 500. There’s a big upside to their rivalry
In today’s CEO Daily: Fortune’s Phil Wahba reports on the upside of the Amazon-Walmart rivarly. The big leadership story: OpenAI...
When Bitcoin prices turned against Michael Saylor, he quietly pivoted to risky financial gambit at Strategy
Few business topics are garnering more coverage than Michael Saylor’s unconventional strategy at Strategy, the software purveyor turned Bitcoin treasury...
Cuba is quickly nearing a point of no return as the U.S. weaponizes its Venezuelan oil supplies
The Trump administration’s embargo on Cuba—effectively cutting off 75% of the communist-ruled island’s crude oil supplies—is quickly pushing the Havana...
As Gates’ Epstein connection unnerves staff, his foundation looks for a way forward
Microsoft co-founder Bill Gates pulled out of the AI summit in New Delhi on Thursday, just hours before the billionaire...
Troubled Nvidia ally Supermicro pledged to hire a new CFO ‘immediately.’ That was 14 months ago.
Supermicro Chairman and CEO Charles Liang triumphantly announced to investors in early December 2024 that a special investigation spurred by...
The mortgage rate just hit its lowest level in over 3 years—and it’s still over 6%
The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains...
A headache is already emerging for Kevin Warsh at the Fed: Some members aren’t just resisting a rate cut, they’re open to a hike
Despite economic data sliding in favor of Fed nominee Kevin Warsh, the dovish would-be chair is likely to return to...
AI is running out of power. Space won’t be an escape hatch for decades
Welcome to Eye on AI, with AI reporter Sharon Goldman. In this edition: Data centers in space are feasible, but...
Amazon’s humble history: Jeff Bezos used a rented garage as an office and held team meetings at a local Barnes & Noble
Jeff Bezos’ trajectory from a rented Bellevue garage to the helm of a $2.4 trillion enterprise is now business legend,...
Sam Altman and Dario Amodei refused to hold hands at an AI summit weeks after OpenAI and Anthropic clashed in a tense Super Bowl ad war
An awkward moment between OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei at an AI Summit Thursday captured the...
‘I’m deeply uncomfortable’: Anthropic CEO warns that a cadre of AI leaders, including himself, should not be in charge of the technology’s future
Anthropic CEO Dario Amodei doesn’t think he should be the one calling the shots on the guardrails surrounding AI. In...
From mom-and-pops to Goldman Sachs, Jesse Jackson’s vision for American business sparked a revolution
Civil rights activist Rev. Jesse Jackson, who died at 84 on Tuesday, may be best known as a political organizing...
More CFOs are getting the top job—but can they keep it?
Good morning. CFOs are increasingly stepping into CEO roles. But in the AI age, the bigger question may be how...
