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After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others
Trump’s tariff program has gone from generating billions to forcing billions in refunds thanks to February's Supreme Court ruling.
President Donald Trumps sweeping tariffs were supposed to raise billions of dollars in government revenue while reviving American manufacturing. Instead, after a Supreme Court ruling forced the Trump…
Fortune2026-07-17 - 21:28:52

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

Increasingly, the founders and heads of companies like Home Depot, Walmart and LVMH are entering the sports world. There's a good reason for that.

The rich have always wanted to own a team, and it seems like lately, theyve been lining up to do it. Steve Ballmer walked away from Microsofts C-suite and into the Clippers, pouring more than $4 bill…

Fortune2026-07-17 - 19:27:13

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

The Nvidia CEO's Tom Ford jacket, photomatched to a 2023 Taipei appearance, carried a $40,000-$60,000 estimate.

Many tech executives have their signature look, like Meta CEO Mark Zuckerbergs t-shirts and hoodies, and Apple cofounder Steve Jobs turtleneck, and Huang, the Nvidia CEOs, happens to be very expensiv…

Fortune2026-07-17 - 19:06:48

Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive

Lower costs and open-source availability are prompting some companies to experiment with Chinese AI models, even as security concerns remain.

AI has become a focal point within the Trump administration, often framed as a two-player race between the U.S. and China. And while U.S. companies like OpenAI, Google, and Anthropic may have develop…

Fortune2026-07-17 - 18:59:31

OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off

Forget cost per token. Sarah Friar argues CFOs should judge AI by the work it actually completes.

Is your AI paying off? Today, OpenAI CFO Sarah Friar published the scorecard she uses for telling whether you are actually getting economic value from AI spend. For years, software success was measur…

Fortune2026-07-17 - 18:37:54

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.

On Thursday, Moonshot AI, a Beijing-based AI startup, unveiled the latest version of its Kimi large language model, which promises performance close to Anthropics Fable 5perhaps the most powerful pub…

Fortune2026-07-17 - 18:15:40

FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant

Raj Subramaniam became the second-ever CEO of FedEx by taking every opportunity thrown his way—including his roommate’s job interview.

Workers may believe that they need the right connections or flashy credentials to launch their careers. But sometimes, simply saying yesand leveraging a stroke of luckcan be the most effective way to…

Fortune2026-07-17 - 18:06:46

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After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly othersTranslate

So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefitsTranslate

Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech buildersTranslate

Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensiveTranslate

OpenAI’s CFO: 4 questions that reveal if your AI spend is paying offTranslate

Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd albumTranslate

FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giantTranslate

After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others

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

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

Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive

OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off

Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album

FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant