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Trump broke his promise to lower — and eliminate — the national debt. A top investor thinks he’s the ‘worst-spending president in history’
Macro

Trump broke his promise to lower — and eliminate — the national debt. A top investor thinks he’s the ‘worst-spending president in history’

"The number one job of the President is to get the deficit under control,” Jason Calacanis wrote in a post on X.

fortune.com · Jul 29, 2026 · 1 min read
FIFA’s plan to raise billions from investors is sparking a backlash—one insider says Europe is angry because it could change soccer’s balance of power
Macro

FIFA’s plan to raise billions from investors is sparking a backlash—one insider says Europe is angry because it could change soccer’s balance of power

Thrive Capital's Joshua Kushner and former Liberty Media boss Greg Maffei are involved in the controversial bid to buy a stake in a subsidiary of the non-profit that oversees the beloved World Cup soccer tournament.

fortune.com · Jul 28, 2026 · 1 min read
Trump, Zelenskyy discuss expanding Ukraine’s Patriot missile production in closed meeting ahead of Lindsey Graham’s funeral
Macro

Trump, Zelenskyy discuss expanding Ukraine’s Patriot missile production in closed meeting ahead of Lindsey Graham’s funeral

In a post on social media after the meeting, Zelenskyy thanked Trump for the “good meeting” and the Republican administration's efforts to aid Kyiv.

fortune.com · Jul 28, 2026 · 1 min read
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
Macro

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

The settlement resolves a lawsuit over former employees' stalking of a newsletter couple who covered eBay.

fortune.com · Jul 28, 2026 · 1 min read
TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom
Macro

TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

Here's who's rising, and who's debuting, from Asia on this year's Global 500, Fortune's ranking of the world's largest companies by revenue.

fortune.com · Jul 28, 2026 · 1 min read
Netanyahu and Zelenskyy meet Trump at the White House as Washington honors Lindsey Graham
Macro

Netanyahu and Zelenskyy meet Trump at the White House as Washington honors Lindsey Graham

Both leaders held closed-door talks with Trump on the day of Graham's funeral, with Iran and Ukraine topping the agenda.

fortune.com · Jul 28, 2026 · 1 min read
Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’
Macro

Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’

“AI automates tasks away, but it doesn’t necessarily eliminate jobs,” Huang said.

fortune.com · Jul 28, 2026 · 1 min read
Coinbase and Robinhood are locked in a heated battle ahead of Q2 earnings—but only one is being called the industry’s ‘first hyperscaler’
Macro

Coinbase and Robinhood are locked in a heated battle ahead of Q2 earnings—but only one is being called the industry’s ‘first hyperscaler’

Robinhood has proved better at diversifying its revenue streams—but emerging fields of AI commerce and tokenized stocks will boost Coinbase in time.

fortune.com · Jul 28, 2026 · 1 min read
Trump administration weighs spending nearly half a billion to counter China’s global influence after DOGE cuts halted some initiatives
Macro

Trump administration weighs spending nearly half a billion to counter China’s global influence after DOGE cuts halted some initiatives

State Department documents show plans for over 50 projects spanning Latin America, Africa and Asia, reviving initiatives halted during last year's DOGE-driven budget cuts.

fortune.com · Jul 28, 2026 · 1 min read
‘A lot of panic around the AI investment’: how a chip slump is driving the Nasdaq toward correction
Macro

‘A lot of panic around the AI investment’: how a chip slump is driving the Nasdaq toward correction

It’s a chip panic that "appears to be indiscriminate," analysts say.

fortune.com · Jul 28, 2026 · 1 min read
Top AI companies say they want Chinese models to stay available. Is it genuine?
Macro

Top AI companies say they want Chinese models to stay available. Is it genuine?

In an open letter, Nvidia, Meta, OpenAI, Microsoft, and dozens of other AI companies speak out about the importance of access to the latest models—no matter where they're from.

fortune.com · Jul 28, 2026 · 1 min read
44 states are aligned on one thing in their fight against prediction markets. It's about sports wagering
Macro

44 states are aligned on one thing in their fight against prediction markets. It's about sports wagering

The letter is part of the commission’s public comment period for the first draft of its proposed rule on regulating prediction markets.

cnbc.com · Jul 28, 2026 · 1 min read
The Fed Is Expected To Hold Rates - The Rules Say It Shouldn't
Macro

The Fed Is Expected To Hold Rates - The Rules Say It Shouldn't

As inflation remains stubbornly above the Fed's target, the market anticipates a pause in interest rate hikes. With economic indicators in flux, we explore the implications of the Federal Reserve's decisions and what they mean for the broader economy. ## BODY: The Federal Reserve's upcoming meeting has captured the attention of economists, investors, and policymakers alike. With inflation still significantly above the 2% target and labor market indicators showing resilience, the Fed faces a co

assetmarketcap.com · Jul 28, 2026 · 4 min read
Helen Toner: the Hugging Face hack was just a matter of time and exposes a huge blind spot in AI policy
Macro

Helen Toner: the Hugging Face hack was just a matter of time and exposes a huge blind spot in AI policy

Over the last decade, including a stint on OpenAI’s board, I saw the open secret among AI developers: this kind of hack wasn’t just possible, but expected.

fortune.com · Jul 28, 2026 · 1 min read
Instagram cracks down on growing ‘pervert glasses’ problem with Meta Ray-Bans
Macro

Instagram cracks down on growing ‘pervert glasses’ problem with Meta Ray-Bans

It highlights a new privacy challenge for Meta: not in the data that it collects, but how people use its AI glasses in public.

fortune.com · Jul 28, 2026 · 1 min read
Meta likely to highlight smart glasses, avoid social media policy on upcoming earnings call, Kalshi traders say
Macro

Meta likely to highlight smart glasses, avoid social media policy on upcoming earnings call, Kalshi traders say

The Facebook and Instagram owner is set to report earnings after the market close on Wednesday.

cnbc.com · Jul 28, 2026 · 1 min read
South Korean teens are skipping degrees for semiconductor school—they’re landing six-figure jobs at 17 while their friends regret going to college
Macro

South Korean teens are skipping degrees for semiconductor school—they’re landing six-figure jobs at 17 while their friends regret going to college

At one South Korean vocational high school, 96.4% of graduates land jobs—with many headed to Samsung and earning six-figure paychecks and $400K bonuses.

fortune.com · Jul 28, 2026 · 1 min read
Despite making over $135K, 1 in 5 high-earners feel ‘depressed’ when thinking about their finances—they may have ‘money dysmorphia’
Macro

Despite making over $135K, 1 in 5 high-earners feel ‘depressed’ when thinking about their finances—they may have ‘money dysmorphia’

Seven in 10 Americans on six-figure salaries aren’t financially fulfilled—even wealthy Gen Zers.

fortune.com · Jul 28, 2026 · 1 min read
The future of Wall Street is here as startups and brokers build AI agents to trade 24/7
Macro

The future of Wall Street is here as startups and brokers build AI agents to trade 24/7

Brokerages, startups and even retail investors are building AI agents that can help oversee portfolios and automate investing tasks once handled by humans.

cnbc.com · Jul 28, 2026 · 1 min read
The IPO hype cycle returns
Macro

The IPO hype cycle returns

In 2016, Fortune cautioned investors of a tech IPO reckoning. A decade on, the warning is worth heeding once more as a new set of companies chase a trillion-dollar debut.

fortune.com · Jul 28, 2026 · 1 min read
Visa is cutting 7% of employees in efficiency push as AI reshapes work
Macro

Visa is cutting 7% of employees in efficiency push as AI reshapes work

Visa plans to cut about 7% of its workforce, or roughly 2,600 employees, as CEO Ryan McInerney seeks to streamline the payments giant.

cnbc.com · Jul 28, 2026 · 1 min read
Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story
Macro

Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story

The conglomerate's best-performing unit right now is run by an outsider, not an Arnault—does that mean anything for the succession race?

fortune.com · Jul 28, 2026 · 1 min read
The brutal math behind Gen Z’s lonely weekends: $15 drinks are driving a generational ‘spending hangover’
Macro

The brutal math behind Gen Z’s lonely weekends: $15 drinks are driving a generational ‘spending hangover’

It's a "high intent, low budget" generation, the Harris Poll's Libby Rodney told Fortune. "We call it placing financial regret over FOMO."

fortune.com · Jul 28, 2026 · 1 min read
Greg Brockman on the week two OpenAI AI models went rogue
Macro

Greg Brockman on the week two OpenAI AI models went rogue

The OpenAI cofounder's read on a security scare, business models amid an approaching IPO, and the case for staying calm.

fortune.com · Jul 28, 2026 · 1 min read
IMF praises ‘sacrifice of the Argentine people’ as Milei’s austerity measures bring end of debt deals into view
Macro

IMF praises ‘sacrifice of the Argentine people’ as Milei’s austerity measures bring end of debt deals into view

Kristalina Georgieva says Milei's austerity turned Argentina's economy around — but it took 33% inflation and stagnant wages.

fortune.com · Jul 28, 2026 · 1 min read
It’s so hot in France that a wildfire created a never-before-seen lightning cloud that ignited even more fires
Macro

It’s so hot in France that a wildfire created a never-before-seen lightning cloud that ignited even more fires

France's Gironde wildfire spawned a never-before-recorded pyrocumulonimbus cloud that struck the earth with lightning and lit fresh fires.

fortune.com · Jul 28, 2026 · 1 min read