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Nissan CEO Ivan Espinosa was forced to put together a plan to save the Japanese carmaker in just six weeks: ‘I knew what had to be done’
Macro

Nissan CEO Ivan Espinosa was forced to put together a plan to save the Japanese carmaker in just six weeks: ‘I knew what had to be done’

Espinosa faces the challenging task of revitalizing an automaker that’s getting hit on multiple fronts, from fierce Chinese competition to U.S. tariffs.

fortune.com · Jul 03, 2026 · 1 min read
Organized crime is building an AI hardware cargo theft economy: ‘The economics have become just crazy from the criminal opportunistic perspective’
Macro

Organized crime is building an AI hardware cargo theft economy: ‘The economics have become just crazy from the criminal opportunistic perspective’

Cargo theft was a $725 million problem in 2025, with electronics making up 22%, by some estimates, and there’s a particular AI thirst.

fortune.com · Jul 03, 2026 · 1 min read
The World Bank has elevated Vietnam and the Philippines to upper-middle-income status—but now they face ‘a far more demanding phase of development’
Macro

The World Bank has elevated Vietnam and the Philippines to upper-middle-income status—but now they face ‘a far more demanding phase of development’

Both countries must now escape the middle income trap that has stalled several of their Southeast Asian peers.

fortune.com · Jul 03, 2026 · 1 min read
Citadel's hedge funds post broad first-half gains, top performing strategy sidesteps quant selloff
Macro

Citadel's hedge funds post broad first-half gains, top performing strategy sidesteps quant selloff

The hedge fund firm's tactical trading fund, which combines discretionary equity investing with quantitative strategies, climbed 14.3% through the end of June.

cnbc.com · Jul 02, 2026 · 1 min read
Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter
Macro

Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter

The Big Short investor calls Caterpillar one of the market's most overvalued AI trades—but an analyst argues the rally reflects a real structural shift.

fortune.com · Jul 02, 2026 · 1 min read
AI’s $2.2 trillion deficit fix is already half fake, economists say
Macro

AI’s $2.2 trillion deficit fix is already half fake, economists say

A new Brookings/Fed paper finds AI productivity could meaningfully shrink the U.S. deficit — until you count the side effects, which could erase more than half the savings before Washington even cashes the check.

fortune.com · Jul 02, 2026 · 1 min read
The sports economy is unaffordable at the bar, let alone the stadium
Macro

The sports economy is unaffordable at the bar, let alone the stadium

New data shows fans are going into debt for tickets — and one in five can't even afford to watch out at a sports bar.

fortune.com · Jul 02, 2026 · 1 min read
Trump fights fraud by freezing funding for New York’s Medicaid Fraud Control Unit
Macro

Trump fights fraud by freezing funding for New York’s Medicaid Fraud Control Unit

Days after DOJ credited New York's Medicaid unit in a major fraud bust, HHS pulled its funding — the same week it named the state a partner.

fortune.com · Jul 02, 2026 · 1 min read
Anthropic’s Fable model is back. But U.S. AI policy is still a mess
Macro

Anthropic’s Fable model is back. But U.S. AI policy is still a mess

The U.S. government has lifted export controls on Fable and Mythos. But there's still no clarity about the rules that will govern future AI model releases.

fortune.com · Jul 02, 2026 · 1 min read
Scott Bessent goes after the top Mexican cartel’s new billion-dollar business: gas stations
Macro

Scott Bessent goes after the top Mexican cartel’s new billion-dollar business: gas stations

Treasury sanctioned two men and nine firms tied to a Jalisco cartel fuel-theft ring that reportedly nets tens of millions a year across 21 Mexican states.

fortune.com · Jul 02, 2026 · 1 min read
Trump trots out the C-word — communism — not getting the memo that capitalism has been largely discredited with Gen Z
Macro

Trump trots out the C-word — communism — not getting the memo that capitalism has been largely discredited with Gen Z

President Donald Trump and his fellow Republicans are reviving a line of attack against Democrats heading into the midterm elections: They’re communists. In just the past week, Trump has issued dark warnings that members of the Democratic P

fortune.com · Jul 02, 2026 · 1 min read
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs
Macro

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

None of them admitted wrongdoing.

fortune.com · Jul 02, 2026 · 1 min read
No holiday for New York City cops, who get a heat wave, World Cup and a Taylor Swift wedding at MSG
Macro

No holiday for New York City cops, who get a heat wave, World Cup and a Taylor Swift wedding at MSG

The New York Police Department will deploy thousands of officers to handle security.

fortune.com · Jul 02, 2026 · 1 min read
Trump’s $46 billion ‘smart wall’ with Mexico bets on AI and scale
Macro

Trump’s $46 billion ‘smart wall’ with Mexico bets on AI and scale

CBP is building 6 miles a week while deploying AI towers and sensors, reviving a once-failed “virtual wall” model as oversight concerns grow.

fortune.com · Jul 02, 2026 · 1 min read
Russia’s economy is ‘sputtering,’ and Putin’s wartime spending model has pushed the country to an ‘economic, political, and military abyss’
Macro

Russia’s economy is ‘sputtering,’ and Putin’s wartime spending model has pushed the country to an ‘economic, political, and military abyss’

Putin built an economy based on “military Keynesianism” to survive the war in Ukraine. It’s showing signs of fatigue.

fortune.com · Jul 02, 2026 · 1 min read
Securitize is latest crypto company to go public as BlackRock-backed firm sees stock jump 3% on debut
Macro

Securitize is latest crypto company to go public as BlackRock-backed firm sees stock jump 3% on debut

The company raised $400 million after merging with a special-purpose acquisition vehicle on Thursday.

fortune.com · Jul 02, 2026 · 1 min read
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the ‘highest-quality beef in the world’ on his $300 million estate in Hawaii
Macro

Mark Zuckerberg feeds his cows macadamia nuts and beer to create the ‘highest-quality beef in the world’ on his $300 million estate in Hawaii

“I'm very into the genetics of the cattle,” the Meta CEO said.

fortune.com · Jul 02, 2026 · 1 min read
Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds
Macro

Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds

“We should really think about the potential consequences of a really large-scale decline in employment,” UC Irvine economist David Neumark told Fortune.

fortune.com · Jul 02, 2026 · 1 min read
‘More fizzle than sparkle’: June jobs report fails to launch a July 4 firework
Macro

‘More fizzle than sparkle’: June jobs report fails to launch a July 4 firework

Chief economists and CIOs sounded gloomy notes. LPL Financial's Jeffrey Roach calculated that 105.8 million Americans have left the labor market.

fortune.com · Jul 02, 2026 · 1 min read
This investor won’t back startups unless staff are in the office 6 days a week: ‘Not because I don’t have empathy, because they’re going to fail’
Macro

This investor won’t back startups unless staff are in the office 6 days a week: ‘Not because I don’t have empathy, because they’re going to fail’

SaaStr founder Jason Lemkin warns that companies allowing employees to work just 20 hours a week at home are destined to fail in the AI era.

fortune.com · Jul 02, 2026 · 1 min read
Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them
Macro

Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them

Trump, Comcast and Warner Bros. Discovery: a story of silence, activity and pending M&A deals.

fortune.com · Jul 02, 2026 · 1 min read
McKinsey chairs: Building a more resilient industrial base may require $2 trillion in investment
Macro

McKinsey chairs: Building a more resilient industrial base may require $2 trillion in investment

U.S. factories could replace half the trade deficit just by running harder. Closing the gap on semiconductors and other critical goods is a much bigger lift.

fortune.com · Jul 02, 2026 · 1 min read
Current price of oil as of July 2, 2026
Macro

Current price of oil as of July 2, 2026

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

fortune.com · Jul 02, 2026 · 1 min read
‘A witches’ brew’: Washington’s ethics establishment reacts to Trump’s $2.2 billion windfall—they’re shocked but not surprised
Macro

‘A witches’ brew’: Washington’s ethics establishment reacts to Trump’s $2.2 billion windfall—they’re shocked but not surprised

“It’s all heinous,” former ethics czar Norm Eisen said. “You can anticipate that we’ll be looking at legal remedies for this startling state of affairs.”

fortune.com · Jul 02, 2026 · 1 min read
Why build AI data centers in a cornfield when Saudi Arabia has cheap oil and cheaper power?
Macro

Why build AI data centers in a cornfield when Saudi Arabia has cheap oil and cheaper power?

"Data center capacity in the United States is not going to age well," MNTN CEO Mark Douglas told Fortune. He gives it two years.

fortune.com · Jul 02, 2026 · 1 min read
Economy disappoints with half as many jobs created in June, and May and April gains revised downward
Macro

Economy disappoints with half as many jobs created in June, and May and April gains revised downward

Restaurants, bars, and hotels cut 61,000 jobs, a sharp disappointment for those who expected the World Cup to boost jobs even temporarily.

fortune.com · Jul 02, 2026 · 1 min read