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More than half of Gen Zers want to become influencers—so now Arizona State University is offering a content creation degree for $142K
Macro

More than half of Gen Zers want to become influencers—so now Arizona State University is offering a content creation degree for $142K

Arizona State University is helping turn its students into influencers with a bachelor’s degree in building a social media empire.

fortune.com · Jul 31, 2026 · 1 min read
Fed Officials Urge Immediate Rate Hikes to Combat Persistent Inflation
Macro

Fed Officials Urge Immediate Rate Hikes to Combat Persistent Inflation

Federal Reserve officials Beth Hammack and Neel Kashkari advocate for increasing interest rates to tackle ongoing inflation, citing insufficient policy restrictions. As inflation remains above the Fed's target, their calls for action raise questions about the effectiveness of current monetary policies and potential economic implications.

assetmarketcap.com · Jul 31, 2026 · 6 min read
How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days
Macro

How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days

Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.

cnbc.com · Jul 31, 2026 · 1 min read
The Fed did exactly what Wall Street was expecting—so why are markets so vexed by Kevin Warsh?
Macro

The Fed did exactly what Wall Street was expecting—so why are markets so vexed by Kevin Warsh?

“You’re dealing with the Fed that the market is still trying to understand,” J.P. Morgan’s Alex Wolf tells Fortune.

fortune.com · Jul 31, 2026 · 1 min read
Apple shows that AI winners don’t have to build the biggest models
Macro

Apple shows that AI winners don’t have to build the biggest models

A Fortune analysis looks at Apple's strategy of skipping the AI infrastructure arms race.

fortune.com · Jul 31, 2026 · 1 min read
Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it
Macro

Iran-style hackers shut down a Minnesota town’s water plant. Only the water tower saved it

Over 30 Minnesota systems were hit this week, and investigators say it "walks like a duck" that looks a lot like Iran.

fortune.com · Jul 31, 2026 · 1 min read
The Dry Danube: Europe’s legendary river got so low that a cruise ship ran out of food and water
Macro

The Dry Danube: Europe’s legendary river got so low that a cruise ship ran out of food and water

Record drought exposed World War II bombs, old shipwrecks and forced nuclear reactors to power down across Central Europe.

fortune.com · Jul 31, 2026 · 1 min read
Anthropic says its Claude models escaped a testing environment and hacked three real companies
Macro

Anthropic says its Claude models escaped a testing environment and hacked three real companies

Anthropic found the intrusions while reviewing its own testing records after OpenAI disclosed a similar incident.

fortune.com · Jul 31, 2026 · 1 min read
A robotaxi with no steering wheel just got the green light to charge you for a ride
Macro

A robotaxi with no steering wheel just got the green light to charge you for a ride

Amazon's Zoox can now sell rides in wheel-less, four-seat vehicles. Safety advocates say the data behind the approval is thin.

fortune.com · Jul 31, 2026 · 1 min read
Chevron’s profit nearly quadrupled. Drivers are paying for it at $4 a gallon
Macro

Chevron’s profit nearly quadrupled. Drivers are paying for it at $4 a gallon

Exxon and Chevron posted record quarters as the Strait of Hormuz conflict fueled shortages and a windfall-tax push in Congress.

fortune.com · Jul 31, 2026 · 1 min read
New York sues Kalshi, says prediction market is running 'illegal gambling operation'
Macro

New York sues Kalshi, says prediction market is running 'illegal gambling operation'

It comes after a federal judge earlier this month denied Kalshi's attempts to intervene against the state's Gaming Commission.

cnbc.com · Jul 31, 2026 · 1 min read
Fed study: AI’s slow productivity story fits a century-old historical pattern
Macro

Fed study: AI’s slow productivity story fits a century-old historical pattern

Researchers at the St. Louis Fed looked through 490,000 earnings calls and saw AI productivity surged—but only in talk.

fortune.com · Jul 31, 2026 · 1 min read
Fed officials who voted to hike rates say action is needed now against inflation
Macro

Fed officials who voted to hike rates say action is needed now against inflation

cnbc.com · Jul 31, 2026 · 1 min read
More consumer companies are staying private for longer, avoiding the IPO road
Macro

More consumer companies are staying private for longer, avoiding the IPO road

With the rise of secondary markets and a stronger liquidity environment, more companies are choosing to stay private for longer, according to experts.

cnbc.com · Jul 31, 2026 · 1 min read
Bausch & Lomb CEO: the AI hysteria is nothing new
Macro

Bausch & Lomb CEO: the AI hysteria is nothing new

AI is being talked about as though business has never encountered a technological shift before. And just like the other times, one thing gets overlooked.

fortune.com · Jul 31, 2026 · 1 min read
Current price of oil as of July 31, 2026
Macro

Current price of oil as of July 31, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

fortune.com · Jul 31, 2026 · 1 min read
The rise of financial nihilism in retail traders
Macro

The rise of financial nihilism in retail traders

Markets and consumers have diverged over the past five years, and financial nihilism is spreading, with a generation's retirement savings at stake.

fortune.com · Jul 31, 2026 · 1 min read
‘Mutiny, if need be’: At the Fed, ‘Warsh can suppress dissent only so much,’ over credibility-testing interest rate decision, Macquarie says
Macro

‘Mutiny, if need be’: At the Fed, ‘Warsh can suppress dissent only so much,’ over credibility-testing interest rate decision, Macquarie says

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

fortune.com · Jul 31, 2026 · 1 min read
A 103-year-old company says it has a plan to make AI data centers ‘water-neutral’
Macro

A 103-year-old company says it has a plan to make AI data centers ‘water-neutral’

Also: All the news and watercooler chat from Fortune.

fortune.com · Jul 31, 2026 · 1 min read
Fed interest-rate decision rocks Wall Street's inflation fears
Macro

Fed interest-rate decision rocks Wall Street's inflation fears

The Federal Reserve's recent decision to maintain interest rates has left Wall Street on edge, raising concerns about inflation and future rate hikes. Despite assurances from Fed officials about their commitment to a 2% inflation target, market reactions suggest uncertainties ahead. Analysts weigh in on the implications of the Fed's stance and the potential economic fallout. ## BODY: The recent Federal Reserve meeting on July 29, 2026, concluded with no change to the benchmark short-term inter

assetmarketcap.com · Jul 31, 2026 · 6 min read
Ferrari’s Jony Ive-designed model was mocked by the internet, but it’s selling like hotcakes
Macro

Ferrari’s Jony Ive-designed model was mocked by the internet, but it’s selling like hotcakes

When the Luce was released Ferrari’s former president and chairman said he hoped “they take the prancing horse off that car, at least.”

fortune.com · Jul 31, 2026 · 1 min read
Millennials say they’ll refuse to care for aging Boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
Macro

Millennials say they’ll refuse to care for aging Boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

The oldest Boomers are starting to turn 80, but the Great Wealth Transfer isn't materializing as promised.

fortune.com · Jul 31, 2026 · 1 min read
Meet the jet-setting fashion editor who turned a New York manicure at 23 into Nails.Inc—Despite selling for $40 million, she still wakes at 5:45 a.m.
Macro

Meet the jet-setting fashion editor who turned a New York manicure at 23 into Nails.Inc—Despite selling for $40 million, she still wakes at 5:45 a.m.

Victoria Beckham and even McDonald's helped launch Thea Green’s nail polish in America. Now Nails.Inc sells a bottle of polish every minute

fortune.com · Jul 31, 2026 · 1 min read
This Dutch bookseller thought a request for 3,000 copies was ‘spam or phishing.’ Instead, AI companies are scanning and destroying books to train AI
Macro

This Dutch bookseller thought a request for 3,000 copies was ‘spam or phishing.’ Instead, AI companies are scanning and destroying books to train AI

"I was shocked!" Pieter de Vries of Haarlem told Fortune. He said several other Dutch antiquarian booksellers received the same request.

fortune.com · Jul 31, 2026 · 1 min read
Elevance Health’s CEO started her career as a pro basketball player. Now she’s the highest‑ranking woman on the Global 500, leading a $199B giant
Macro

Elevance Health’s CEO started her career as a pro basketball player. Now she’s the highest‑ranking woman on the Global 500, leading a $199B giant

Gail Boudreaux credits collegiate athletics with helping to shape her leadership style.

fortune.com · Jul 31, 2026 · 1 min read
The rise of ‘conspicuous waiting’: The 19th-century economic theory that explains why Gen Z posts their place in line
Macro

The rise of ‘conspicuous waiting’: The 19th-century economic theory that explains why Gen Z posts their place in line

Gen Z isn't just waiting in line. Thorstein Veblen would have recognized exactly what they're doing.

fortune.com · Jul 31, 2026 · 1 min read