Fortune Magazine

President Donald Trump and Ukrainian President Volodymyr Zelenskyy met Tuesday ahead of Sen. Lindsey Graham’s funeral, with the two leaders discussing ways for Ukraine to produce its own powerful weapons and “other ideas that could help” in its ongoing war against Russia. The sit-down in the Oval Office, which was closed to the media, followed a consequential meeting at the NATO summit earlier this month in Ankara, Turkey, where Trump announced that the U.S

eBay Inc. agreed to pay almost $50 million to a Massachusetts couple who said former employees of the company targeted them with threats and bizarre anonymous deliveries — including live insects, a funeral wreath and a bloody pig Halloween mask, according to settlement details released Tuesday. The parties reached a tentative settlement in February as the case was headed to trial, but they were unable to finalize the agreement. The Steiners asked a federal judge in June to

The Fortune Global 500 has long been a scoreboard of corporate scale, reflecting the rise and fall of different industries and sectors. And in 2026, the ranking of the world’s largest companies by revenue reflects just how much the AI boom is supercharging revenues across the tech and semiconductor supply chains. For the first time, Tencent and Taiwan Semiconductor Manufacturing Company (TSMC) have broken into the top 100, underscoring how surging demand for advanced chips and digital platfor

Israeli Prime Minister Benjamin Netanyahu’s meeting with President Donald Trump on Tuesday is the first since the two leaders launched a joint war against Iran and a chance for Netanyahu to smooth out strains in their relationship. The two leaders also plan to discuss the framework agreement the U.S. and Israel signed with Lebanon over the Israel-Hezbollah war and the expansion of the Abraham Accords, according to a White House official. Trump also met with Ukraini

Jensen Huang says AI is going to kill tasks, not jobs—a distinction that could define whether the future of work brings mass unemployment or a new wave of growth and opportunity. Speaking at Y Combinator’s Startup School in San Francisco over the weekend, Huang didn’t mince words about the effect AI will have on the labor market. “Many tasks will be automated away,” he said in a video published Monday by the famed Silicon Valley startup accelerator. “Every single job will change, and there

When Robinhood and Coinbase went public back in the first half of 2021, the companies occupied very different lanes. Today, the two founder-led firms are clashing on multiple fronts as Robinhood seeks to co-opt large portions of Coinbase’s crypto empire, while the latter has rebranded itself as an “everything exchange” for stocks and more. Both firms report second-quarter earnings this week, and their results are likely to reveal which has the upper hand. While the market has soured on both s

South Korea’s Kospi closed down nearly 11% on Tuesday, its eighth circuit breaker of 2026 and one of the worst days of the year. South Korea’s famously volatile retail market is now infecting Western markets: The American semiconductor index SOX fell as much as 6% Tuesday, a fourth straight losing session and its longest streak this year, dragging the Nasdaq-100 down 9.7% from its record high—just short of a correction. Yet the panic doesn’t square with what’s happening on the ground. Memory

For generations, workers have been fed the promise that six-figure salaries come with luxe lifestyles, career prestige, and financial freedom. However, even high earners are feeling the pinch in a global cost-of-living crisis—and a six-figure salary no longer buys the peace of mind it once did.  Nearly seven in 10 Americans earning over $135,000 annually aren’t financially fulfilled, according to new Gallup research from financial services firm Edward Jones.  Even 77% of those bringin

As Europe and much of Asia suffer through record heat waves, fears are already shifting to the upcoming winter, with shortfalls of natural gas and electricity price spikes anticipated as a result of the war in Iran and Middle East supply outages. The war broke out at the end of February—fortuitously avoiding disrupting the previous winter—but Qatari liquefied natural gas (LNG) outages coupled with higher-than-usual summer demand have kept import-dependent nations from adequately replenishing

McCall McPherson was 27, practicing medicine, and on the drug nearly 90% of thyroid patients in the U.S. rely on, when she found herself spending 16 hours a day in bed. She’d go to work as a physician assistant, come home at 3:30 p.m., and lie flat on her back through the evening. Weekends were the same. She’d gained weight, was losing hair, felt depressed, and couldn’t think clearly.  “Literally, I did not get out of bed,” McPherson told Fortune. “My life was a cons

Taylor Swift and Travis Kelce married Friday night at Madison Square Garden, where actor Adam Sandler was the surprising officiant at a ceremony and Stevie Nicks performed among a crowd packed with stars of sports and entertainment. The deep secrecy that surrounded the buildup to the nuptials lifted when a marquee outside the Midtown Manhattan arena proclaimed “JUST&T MARRIED” once the deed was done. The couple did not have bridesmaids or groomsmen, instead having Swift’s younger brother

The Fourth of July marks the official launch of Trump Accounts, allowing parents to set up the new type of custodial individual retirement account for kids. Any child with a Social Security number who’s under 18 by the end of the year when the account is created is eligible. And for children born between Jan. 1, 2025 and Dec. 31, 2028, who have a Social Security number and are U.S. citizens, the Treasury Department will kick start their Trump accounts with $1,000. For those who

Iran’s ambassador to Beijing said China and other friendly nations will be granted “special considerations” when Tehran determines the level and nature of service fees charged to ships using the Strait of Hormuz.  Abdolreza Rahmani Fazli said the critical waterway for energy supplies is now a matter of “national security” in the aftermath of the four-month US and Israeli war on the Islamic Republic. As such, “there will be new arrangements concerning the Strait of Hormuz with the collabo

President Donald Trump and his allies are renewing a push to reshape the Federal Reserve after the Supreme Court this week blocked an effort to fire Governor Lisa Cook. Top officials and outside allies are actively exploring ways to remove members of the Fed’s Board of Governors in Washington to clear the way for more of the president’s own picks, according to people familiar with the matter. Cook remains a target after the high court allowed her to stay in her job for now, as does

A Ukrainian drone attack struck an oil terminal in St. Petersburg on Saturday, Russian officials said, as Kyiv presses on with bombardment of Russia’s oil infrastructure. Almost daily long-range attacks on Russian oil facilities have created a fuel crisis and heaped political pressure on the Kremlin as its all-out invasion of Ukraine stretches into its fifth year. Gov. Alexander Beglov said the city’s Kirovsky district on the Baltic Sea was hit. He also said that a

There’s no better way to fuel up for traipsing the Costco aisles for hours than a $1.50 hot dog and a soda.  It’s been a staple of the bargain shopping club for four decades, and Costco’s president and CEO, Ron Vachris, recently confirmed it’s a deal that’s never going away, at least under his watch. “The hot dog price will not change as long as I’m around,” Vachris said in an Instagram video posted in March.  View this post on Instagram A post shared by Costco (

Americans want to work longer to support themselves as the cost of living climbs and 401(k) benefits are further delayed, but many older Gen X workers and young boomers are being forced into retirement after being laid off with no jobs to turn to. Among U.S. citizens between the ages of 50 and 65, 14% were laid off once in the past 10 years, with 4% being fired more than once, according to a 2025 WSJ analysis of Boston College’s 2012 to 2022 Retirement Study. And of those who experienced layo

Strange as it is to say, the U.S. Declaration of Independence has deep roots in Canada. That assertion may come as a surprise to people in the United States ahead of its 250th anniversary. The common narrative is fixated upon 1776, the 13 rebelling Colonies and the bold military actions of Founding Fathers such as George Washington. But as I document in my new book, “Freedom Around the Globe,” there is a much wider and often forgotten geographical context. Indeed, it is impossible to under

Benjamin Franklin said in his first newspaper in 1722, “without freedom of thought, there can be no such thing as wisdom, and no such thing as public liberty without freedom of speech.” Similarly, this week, New York Times publisher A. G. Sulzberger warned political and business leaders to launch urgent defenses of independent journalism. On this 250th anniversary of America’s founding, there is no right more deeply cherished and foundational than the First Amendment of the US Constit

2025 brought a mixed picture for the U.S. economy. The stock market ended the year with double-digit gains, but inflation had not fully faded—leaving prices for everyday essentials like groceries and utilities elevated and many households still feeling squeezed. Still, many Americans found room in their budget to give to others. U.S. charitable giving reached a record $617.2 billion in 2025, according to a new report from Giving USA Foundation, researched and written by Indiana University’s