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Gambling becomes America’s favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined
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Gambling becomes America’s favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined

Americans wagered $166 billion on sports last year, more than Hollywood, the music industry, books, and museums combined.

fortune.com · Jul 26, 2026 · 1 min read
The Pete behind Jersey Mike’s was only 17 years old when he borrowed $125,000 to buy the chain—with some help from his high school football coach
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The Pete behind Jersey Mike’s was only 17 years old when he borrowed $125,000 to buy the chain—with some help from his high school football coach

Peter Cancro had worked at the Jersey Shore sub shop since he was 14; the six-figure loan would be worth $775,000 today.

fortune.com · Jul 26, 2026 · 1 min read
Bridgewater Associates ex-recruitment boss reveals the secret ‘unpopularity’ interview test he used on hundreds of candidates at the hedge fund
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Bridgewater Associates ex-recruitment boss reveals the secret ‘unpopularity’ interview test he used on hundreds of candidates at the hedge fund

Ex-recruitment boss at Ray Dalio's Bridgewater Associates says he'd reject any job candidate who's never walked away from a safe, cushy job

fortune.com · Jul 26, 2026 · 1 min read
Data centers were actually making electricity costs cheaper, but the $7 trillion buildout with no guaranteed AI demand is threatening the trend
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Data centers were actually making electricity costs cheaper, but the $7 trillion buildout with no guaranteed AI demand is threatening the trend

From 2015 to 2024, average retail electricity prices decreased by 3.5% for every doubling of data center capacity, new research finds.

fortune.com · Jul 26, 2026 · 1 min read
Booted from Malaysia, tech guru Balaji Srinivasan finds a new patron for his ‘nomad’ commune: Kazakhstan
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Booted from Malaysia, tech guru Balaji Srinivasan finds a new patron for his ‘nomad’ commune: Kazakhstan

It's been a weekslong saga involving crypto-friendly tech utopianism, tensions over the Israeli-Palestinian conflict, and even China’s real estate crash.

fortune.com · Jul 26, 2026 · 1 min read
France deploys giant military cargo plane to dump tons of flame retardants as European wildfires displace more than 250,000
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France deploys giant military cargo plane to dump tons of flame retardants as European wildfires displace more than 250,000

The French military A400M transport plane, specially converted for fire-fighting, was a heavyweight new tool in the battle.

fortune.com · Jul 25, 2026 · 1 min read
Intern arrested in Belgium on suspicion of spying inside NATO military headquarters and ‘being a member of a criminal organization’
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Intern arrested in Belgium on suspicion of spying inside NATO military headquarters and ‘being a member of a criminal organization’

Belgium's Federal Prosecutor's Office said it launched an espionage investigation after NATO’s security services tipped off Belgium’s military intelligence.

fortune.com · Jul 25, 2026 · 1 min read
Let’s get ready to rumble: The next Fed meeting will be a ‘family feud’ — and that’s exactly what Chairman Kevin Warsh wants
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Let’s get ready to rumble: The next Fed meeting will be a ‘family feud’ — and that’s exactly what Chairman Kevin Warsh wants

"And the survey says… policy will likely stay on hold for an additional meeting. Hawkish momentum is building, however. We expect two hawkish dissents."

fortune.com · Jul 25, 2026 · 1 min read
The ‘Trump Trade’ is turning into a loser in the stock market
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The ‘Trump Trade’ is turning into a loser in the stock market

Ned Davis Research’s Trump Trade Index has slumped about 16% since May after clobbering the S&P 500 Index at the beginning of the year.

fortune.com · Jul 25, 2026 · 1 min read
Samsung wins $200 billion order to supply chips to Broadcom
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Samsung wins $200 billion order to supply chips to Broadcom

The pact, to run for five years through 2030, will focus on Samsung’s 2-nanometer and below process technologies for Broadcom’s products.

fortune.com · Jul 25, 2026 · 1 min read
SK chair says Anthropic asked for supplies to make its own chips
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SK chair says Anthropic asked for supplies to make its own chips

Chey’s visit coincides with a trip by South Korean President Lee Jae Myung to Silicon Valley, where he convened an AI summit.

fortune.com · Jul 25, 2026 · 1 min read
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of airstrikes amid talks for potential Hormuz deal
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Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of airstrikes amid talks for potential Hormuz deal

"They want to make a deal. I just don't think they're ready yet, but they do want to make a deal."

fortune.com · Jul 25, 2026 · 1 min read
Nvidia CEO Jensen Huang denies the chip boom will go bust soon and actually utters the infamous phrase ‘this time is different’
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Nvidia CEO Jensen Huang denies the chip boom will go bust soon and actually utters the infamous phrase ‘this time is different’

"This is industrially driven, meaning the fundamental technology of computers is changing."

fortune.com · Jul 25, 2026 · 1 min read
AI safety experts say OpenAI’s rogue models may mean the company has already blown past its own internal red lines
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AI safety experts say OpenAI’s rogue models may mean the company has already blown past its own internal red lines

Outside safety experts say the models behind this week's hack may have crossed OpenAI's own 'critical' risk line, something that would require the company to halt development.

fortune.com · Jul 25, 2026 · 1 min read
DeepSeek said to tell backers of funding pause after viral posts
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DeepSeek said to tell backers of funding pause after viral posts

The suspension stemmed in part from Liang’s frustration over online reports about his comments to investors during his first financing deal.

fortune.com · Jul 25, 2026 · 1 min read
Trump gives rambling, insult-filled remarks at correspondents’ dinner and even turns against his own speechwriters. ‘Am I supposed to be a comedian?’
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Trump gives rambling, insult-filled remarks at correspondents’ dinner and even turns against his own speechwriters. ‘Am I supposed to be a comedian?’

“That was going to be a doozy,” Trump said about the speech he’d been prepared to give in April, before a gunman upended the original dinner and forced its postponement.

fortune.com · Jul 25, 2026 · 1 min read
U.S. military suddenly goes silent on Iran airstrikes while Houthi rebels and Saudi Arabia exchange attacks in battle over Red Sea shipping
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U.S. military suddenly goes silent on Iran airstrikes while Houthi rebels and Saudi Arabia exchange attacks in battle over Red Sea shipping

There were no reported strikes overnight in Iran, in an apparent break from nearly two weeks of consecutive nights of U.S. attacks.

fortune.com · Jul 25, 2026 · 1 min read
SpaceX’s Starship V3 deploys most advanced Starlink satellites then pulls off best re-entry yet with splashdown so soft it floated in the Indian Ocean
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SpaceX’s Starship V3 deploys most advanced Starlink satellites then pulls off best re-entry yet with splashdown so soft it floated in the Indian Ocean

It was the 13th flight of the world’s biggest and most powerful rocket, and the second this year of the new version dubbed V3.

fortune.com · Jul 25, 2026 · 1 min read
Trump administration admits it canceled $7.6 billion in clean energy projects ‘based solely on the political identity of the grant recipient’s state’
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Trump administration admits it canceled $7.6 billion in clean energy projects ‘based solely on the political identity of the grant recipient’s state’

In this case, that includes 16 states that voted for Democrat Kamala Harris in the 2024 presidential election.

fortune.com · Jul 25, 2026 · 1 min read
Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
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Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?

With more than half of Apple’s revenue still tied to the iPhone, former insiders say Ternus must give designers more influence as the company searches for its next breakthrough.

fortune.com · Jul 25, 2026 · 1 min read
NYC stabbing suspect charged with hate crimes over 2 attacks
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NYC stabbing suspect charged with hate crimes over 2 attacks

Raul Morales allegedly stabbed an Asian man and a Jewish man near a synagogue, as officials say Jewish New Yorkers face disproportionate hate crime rates.

fortune.com · Jul 25, 2026 · 1 min read
Meet the Americans learning to go without after the biggest grocery inflation in 50 years
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Meet the Americans learning to go without after the biggest grocery inflation in 50 years

“Prices are sky-high. One hundred dollars’ worth of groceries these days is nothing,” says 60-year-old Ada Torres of Cleveland, Texas.

fortune.com · Jul 25, 2026 · 1 min read
Biden loses bid to block highly ‘personal’ conversations with ghostwriter in 2016 and 2017
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Biden loses bid to block highly ‘personal’ conversations with ghostwriter in 2016 and 2017

In a 2-1 ruling on Monday, a three-judge panel from the circuit court found a “substantial” public interest in disclosing the material.

fortune.com · Jul 25, 2026 · 1 min read
Gen Z ‘teen takeovers’ go from hijinks to shootings, theft and vandalism. Blame ‘adolescent brain development’
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Gen Z ‘teen takeovers’ go from hijinks to shootings, theft and vandalism. Blame ‘adolescent brain development’

For two decades, cities stripped teens of courts, malls and hangouts to prevent conflict — but that also killed all of their third spaces.

fortune.com · Jul 25, 2026 · 1 min read
Startups are installing tiny data centers in people’s homes to reduce strain on the beleaguered electrical grid
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Startups are installing tiny data centers in people’s homes to reduce strain on the beleaguered electrical grid

Span, in partnership with Nvidia and PulteGroup, uses homes’ underutilized electrical capacity in computer processing.

fortune.com · Jul 25, 2026 · 1 min read
Bechtel CEO: to build America’s future, we must first build the builders
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Bechtel CEO: to build America’s future, we must first build the builders

We sent 9,000 workers to save America's first new nuclear plant in 30 years. The next bottleneck isn't code — it's welders, pipefitters, and electricians.

fortune.com · Jul 25, 2026 · 1 min read