America faces an affordability crisis like the one from 25 years ago, but needs a fresh solution
Twenty-five years ago, multinationals found themselves facing an affordability crisis. Emerging economies were growing at 3x to 4x the rate...
Bond traders believe Bessent’s ‘band-aid’ was ‘a heinous financial crime’
Good morning. On Fortune’s radar today: Exclusive: Venezuela likely to go for dollarization of its currency to cure hyperinflation. Bond...
Anthropic to SpaceX: You ain’t bigger
Good morning. Did you hear about China’s robocop? The 6-foot-2-inch droid, deputized by the authorities in Hangzhou, is more mall...
The bond market is sending CEOs a blunt message: Borrowing costs are going to go up
In today’s CEO Daily: Can the U.S. grow its way out of its fiscal burden? The big leadership story: Walmart...
The AI ‘death zone’ is here and most corporate AI strategies are standing in it
In July, for the first time, Chinese developed models took all five top positions on OpenRouter, the neutral routing platform...
Prediction market exec says gambling fight could reach Supreme Court by June
Prediction markets are headed for a legal reckoning. The Commodity Futures Trading Commission and state regulators are battling over who...
Our AI startup is growing 40% a month helping financial advisers do what they love: giving advice
Before we built our current startup, we spent seven years building retail investment platforms that introduced millions of people to...
Billionaire Jeff Bezos once asked Warren Buffett why so few people copy his strategy—now he’s backing $7 billion Liverpool FC
From Tom Brady to Snoop Dogg, American billionaires, CEOs and celebrities are buying into English football—or as they would call...
Baby boomers look richer than ever—but many are retiring with record levels of debt
Baby Boomers may be the richest generation in American history, but that doesn’t mean they have the money when the...
MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar
Billionaire philanthropist MacKenzie Scott had her banner giving year in 2025, with an eye-popping total of $7 billion in donations...
Amazon, Uber, DoorDash, and Walmart are taking the delivery wars to the skies
Forget raining cats and dogs: In America’s increasingly crowded skies, it may soon be packages and takeout food falling from...
AI productivity tools are overhyped and overfunded. Investors should look elsewhere
The world does not need any more AI productivity tools. We’ve evaluated such tools running well into triple digits in...
Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO
Airwallex president Lucy Liu invokes a car metaphor to describe one of her company’s newest products. “It’s like assisted driving,...
Army unit offers ‘special 4 day pass’ to play Grand Theft Auto VI for reenlisted troops as part of ‘unique incentives program’
A U.S. Army unit is offering its troops a special bonus if they reenlist soon: four extra days off timed...
Bessent becomes most interventionist Treasury chief in decades
With a slew of unexpected maneuvers this year, Scott Bessent has emerged as the most interventionist Treasury secretary in financial...
