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Why CFOs should pay attention to Open USD—the new stablecoin backed by more than 140 companies
Macro

Why CFOs should pay attention to Open USD—the new stablecoin backed by more than 140 companies

A new stablecoin consortium aims to turn idle settlement cash into yield for banks and fintechs.

fortune.com · Jul 02, 2026 · 1 min read
Elon Musk says AI is the only way to fix the $40 trillion U.S. debt crisis—but a new study says even the most optimistic scenario won’t fill the hole
Macro

Elon Musk says AI is the only way to fix the $40 trillion U.S. debt crisis—but a new study says even the most optimistic scenario won’t fill the hole

AI has the potential to be so transformative that it "should give optimists pause," the economists note.

fortune.com · Jul 02, 2026 · 1 min read
SpaceX may emerge as ultimate blueprint for new wave of mega-cap IPOs
Macro

SpaceX may emerge as ultimate blueprint for new wave of mega-cap IPOs

"It would not surprise me at all to see a similar dynamic play out with some of these [IPOs] set to come in the months ahead," the Kathmere Capital CIO says.

cnbc.com · Jul 02, 2026 · 1 min read
Defense tech could be entering its awkward teenage years. Is the boom a bubble?
Macro

Defense tech could be entering its awkward teenage years. Is the boom a bubble?

VCs are flooding into defense tech, but they could be unprepared for the sector’s brutal economics and lengthy timelines.

fortune.com · Jul 02, 2026 · 1 min read
America’s 250th birthday has Elon Musk and a record IPO. Its 15th had Alexander Hamilton — and a stock market bubble
Macro

America’s 250th birthday has Elon Musk and a record IPO. Its 15th had Alexander Hamilton — and a stock market bubble

Dek: In 1791, a polarizing immigrant visionary sparked America's first stock bubble on the nation's 15th birthday. Is history rhyming, 235 years later?

fortune.com · Jul 02, 2026 · 1 min read
How Paramount’s theater commitments could boost local economies across the nation
Macro

How Paramount’s theater commitments could boost local economies across the nation

A proposed Paramount–Warner Bros. tie-up is drawing antitrust scrutiny, but we see a surge of up to $20 billion in annual economic activity.

fortune.com · Jul 02, 2026 · 1 min read
The true cost of Donald Trump’s $2.2 billion year
Macro

The true cost of Donald Trump’s $2.2 billion year

Also: All the news and watercooler chat from Fortune.

fortune.com · Jul 02, 2026 · 1 min read
Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic
Macro

Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic

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

fortune.com · Jul 02, 2026 · 1 min read
China has 400 private space companies. The West is barely paying attention
Macro

China has 400 private space companies. The West is barely paying attention

The author of 'New Space Capitalism' says China's commercial space sector has moved far beyond state control. It should be familiar to EV fans.

fortune.com · Jul 02, 2026 · 1 min read
The defense tech boom has become a bubble—or it will be soon
Macro

The defense tech boom has become a bubble—or it will be soon

Defense tech was once considered, at best, a fringe area for traditional VCs. Now, there could be a bubble.

fortune.com · Jul 02, 2026 · 1 min read
Emily Blunt is worth $80 million and just pocketed $15 million for her latest film—but she once wanted to be a Spanish translator for the UN
Macro

Emily Blunt is worth $80 million and just pocketed $15 million for her latest film—but she once wanted to be a Spanish translator for the UN

Emily Blunt just pocketed $15 million for Disclosure Day, but she once dreamed of being a translator—a job that pays $80K and is now being replaced by AI.

fortune.com · Jul 02, 2026 · 1 min read
Alibaba-affiliate Ant Group rushes into humanoid robots with a dozen deals in 18 months
Macro

Alibaba-affiliate Ant Group rushes into humanoid robots with a dozen deals in 18 months

Ant has led a 500 million yuan ($73.59 million) funding round in humanoid robotics company Zeroth, the start-up announced Thursday.

cnbc.com · Jul 02, 2026 · 1 min read
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers
Macro

Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers

Trump's excessive trades looks like that of an automated, direct indexing, tax loss harvesting portfolio, not one individual in the know.

fortune.com · Jul 01, 2026 · 1 min read
Inside Trump’s $1.4 billion crypto empire: altcoins, Bitcoin—and a stake in Michael Saylor’s Strategy
Macro

Inside Trump’s $1.4 billion crypto empire: altcoins, Bitcoin—and a stake in Michael Saylor’s Strategy

The president’s crypto wealth largely comes from his memecoin and his family’s crypto company, World Liberty Financial.

fortune.com · Jul 01, 2026 · 1 min read
Prolific tech analyst Dan Ives is exiting Wedbush for a new venture
Macro

Prolific tech analyst Dan Ives is exiting Wedbush for a new venture

Ives said the new firm will seek to build what he described as a "modern merchant bank."

cnbc.com · Jul 01, 2026 · 1 min read
‘It’s fair to ask whether it was worth it’: The Iran War has cost Americans $1,000 per household—and that’s a conservative estimate, Mark Zandi says
Macro

‘It’s fair to ask whether it was worth it’: The Iran War has cost Americans $1,000 per household—and that’s a conservative estimate, Mark Zandi says

Gas prices, higher interest rates, and taxpayers covering military costs are adding up to quite the bill for American households.

fortune.com · Jul 01, 2026 · 1 min read
Melania Trump NFT earnings surge 28x in 2025 as First Lady rakes in nearly $17 million in total earnings, filing shows
Macro

Melania Trump NFT earnings surge 28x in 2025 as First Lady rakes in nearly $17 million in total earnings, filing shows

The First Lady earned over $10.7 million from her film, over $6 million from the sale of NFTs and collectibles and over half a million from her memoir.

fortune.com · Jul 01, 2026 · 1 min read
Warsh faces multiple alternative inflation signs as Fed charts new course
Macro

Warsh faces multiple alternative inflation signs as Fed charts new course

Warsh has said that inflation is a "choice." The same could also be true of how inflation is measured.

cnbc.com · Jul 01, 2026 · 1 min read
Trump got a $78k pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992
Macro

Trump got a $78k pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992

The president resigned from the Screen Actors Guild in 2021, rather than face a disciplinary hearing over the Jan. 6 insurrection, tweeting, "who cares!"

fortune.com · Jul 01, 2026 · 1 min read
How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
Macro

How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen

Alice Guéhennec oversees an annual investment budget of around 500 million euros to support AI, robotics, and other technology initiatives.

fortune.com · Jul 01, 2026 · 1 min read
Inflation peaked in May as energy prices fell in June, Kalshi traders think
Macro

Inflation peaked in May as energy prices fell in June, Kalshi traders think

Speculators on the prediction market platform give less than 30% odds to inflation peaking above 4.2% in 2026.

cnbc.com · Jul 01, 2026 · 1 min read
Anthropic’s AI models are back online after a two-week government standoff—settling the company and administration into a fragile truce
Macro

Anthropic’s AI models are back online after a two-week government standoff—settling the company and administration into a fragile truce

The Trump administration lifted export controls on Anthropic's Fable and Mythos AI models just as abruptly as it imposed them.

fortune.com · Jul 01, 2026 · 1 min read
U.S. Polo Assn. CEO was told he wasn’t right for a promotion—so he ‘outworked’ anyone else who wanted the job for 6 months straight
Macro

U.S. Polo Assn. CEO was told he wasn’t right for a promotion—so he ‘outworked’ anyone else who wanted the job for 6 months straight

U.S. Polo Assn. CEO J. Michael Prince grinded 90-hour weeks, sometimes pulling all-nighters to prove himself when Nike turned him down.

fortune.com · Jul 01, 2026 · 1 min read
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
Macro

CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut

Palo Alto Networks CEO Nikesh Arora warns that 90% of employees aren’t AI savvy—and it could determine the fate of their careers.

fortune.com · Jul 01, 2026 · 1 min read
The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)
Macro

The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)

As jet fuel prices doubled, DHL Express has diversified supplies, rerouted aircraft and shifted to sustainable alternatives to keep its 295 planes delivering

fortune.com · Jul 01, 2026 · 1 min read
Current price of oil as of July 1, 2026
Macro

Current price of oil as of July 1, 2026

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

fortune.com · Jul 01, 2026 · 1 min read