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Prediction markets Swell to 27% of sports bets during World Cup
Macro

Prediction markets Swell to 27% of sports bets during World Cup

Kalshi, the biggest player, has repeatedly broken its own trading records during the World Cup.

fortune.com · Jul 19, 2026 · 1 min read
U.S. military announces the death of another service member, blaming the ‘controlled detonation’ of a downed Iranian drone in Iraq
Macro

U.S. military announces the death of another service member, blaming the ‘controlled detonation’ of a downed Iranian drone in Iraq

Since the war began, 17 U.S. service members have been killed.

fortune.com · Jul 19, 2026 · 1 min read
The U.K. is getting a new prime minister, but bond investors are really in charge and ‘hyper-reactive,’ Wall Street veteran says
Macro

The U.K. is getting a new prime minister, but bond investors are really in charge and ‘hyper-reactive,’ Wall Street veteran says

"But investors know it’s the bond market that will call the shots in the $4.2 trillion economy no matter who sits in the prime minister’s office."

fortune.com · Jul 19, 2026 · 1 min read
The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed alternate route
Macro

The world is looking ahead toward a post-Iran oil market that offsets most Hormuz volumes in a few years as ships reject a U.S.-backed alternate route

Goldman Sachs estimated that enough Mideast pipeline capacity could be added to insulate 75% of the pre-war Gulf exports by the end of 2028.

fortune.com · Jul 19, 2026 · 1 min read
The people sewing your clothes can’t see the stitches clearly — a $10 pair of glasses could unlock $27 billion in gains
Macro

The people sewing your clothes can’t see the stitches clearly — a $10 pair of glasses could unlock $27 billion in gains

A trial found every $1 spent on vision screening returned $3.37 in productivity: "Before I got the glasses, it took me a long time to thread the needle."

fortune.com · Jul 19, 2026 · 1 min read
Trump officials were trying to use a Biden rule to gut billions in grants — a judge just said no
Macro

Trump officials were trying to use a Biden rule to gut billions in grants — a judge just said no

New Jersey's AG says the cuts held "critical programs hostage" to political whims; the judge agreed the clause doesn't say what the administration claims.

fortune.com · Jul 19, 2026 · 1 min read
Trump hails World Cup as huge win for America: ‘It turned out we were a soccer country, and I think it’s going to remain’
Macro

Trump hails World Cup as huge win for America: ‘It turned out we were a soccer country, and I think it’s going to remain’

White House FIFA Task Force head Andrew Giuliani said we're not just talking about amazing games, but "all these incredible, incredible cultural moments.”

fortune.com · Jul 19, 2026 · 1 min read
The Democrats suddenly have a 39-year-old Senate warrior tearing into Trump and ‘Prince Don and Prince Eric’: Jon Ossoff
Macro

The Democrats suddenly have a 39-year-old Senate warrior tearing into Trump and ‘Prince Don and Prince Eric’: Jon Ossoff

Ossoff is running for reelection on Trump as a “national disgrace” leading a “Mar-a-Lago mafia” and “the most corrupt administration of all time.”

fortune.com · Jul 19, 2026 · 1 min read
Ask her about why AIPAC spent $30 million on her Michigan Senate campaign and she’ll talk for 800 words about anything else
Macro

Ask her about why AIPAC spent $30 million on her Michigan Senate campaign and she’ll talk for 800 words about anything else

Haley Stevens has largely avoided discussing the organization directly, even as its spending has reshaped the race.

fortune.com · Jul 19, 2026 · 1 min read
Korea’s AI-heavy market now sets the tone for global stocks
Macro

Korea’s AI-heavy market now sets the tone for global stocks

“We are all Korean investors now,” said Hani Redha, a London-based portfolio manager at PineBridge Investments.

fortune.com · Jul 19, 2026 · 1 min read
MIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce
Macro

MIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce

CEOs who cut entry-level jobs risk long-term fallout, warns MIT’s Andrew McAfee—as IBM and Salesforce double down on Gen Z talent.

fortune.com · Jul 19, 2026 · 1 min read
America’s math and reading scores tanked after schools ditched textbooks for screens—and AI could worsen the brain rot
Macro

America’s math and reading scores tanked after schools ditched textbooks for screens—and AI could worsen the brain rot

A major Brookings Institute study of more than 500 students and educators across 50 countries found the risks of AI in the classroom “overshadow its benefits.”

fortune.com · Jul 19, 2026 · 1 min read
Kalshi adds 3 million new users as prediction market capitalizes on the World Cup
Macro

Kalshi adds 3 million new users as prediction market capitalizes on the World Cup

The prediction market has launched some ads featuring soccer players, as well as formed a partnership to display its brand in more places during the tournament.

cnbc.com · Jul 19, 2026 · 1 min read
Looking back at the World Cup: Fans drank Boston dry, got permanent tattoos, sold out famous BBQ joints, and drove up small business revenue
Macro

Looking back at the World Cup: Fans drank Boston dry, got permanent tattoos, sold out famous BBQ joints, and drove up small business revenue

From permanent tattoos and drinking Boston dry, to a bar doing nearly 300% of weekly business in one night, the World Cup is helping small businesses.

fortune.com · Jul 19, 2026 · 1 min read
Ranch dressing is quietly doing America’s diplomacy for it
Macro

Ranch dressing is quietly doing America’s diplomacy for it

Tourists came for soccer and left obsessed with condiments. Turns out that's more persuasive than any treaty.

fortune.com · Jul 19, 2026 · 1 min read
The World Cup used to be known for autocracies and dictatorships winning. It’s looking different these days
Macro

The World Cup used to be known for autocracies and dictatorships winning. It’s looking different these days

FIFA calls soccer "the most democratic sport." Data since the 1980s backs it up.

fortune.com · Jul 19, 2026 · 1 min read
Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say
Macro

Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say

Real estate experts tell Fortune those making a middle-class salary are better off renting than buying with fewer affordable homes in the Miami market.

fortune.com · Jul 19, 2026 · 1 min read
A weak yen turned Tokyo into a steal. A strong shekel turned Tel Aviv into the world’s most expensive city to buy McDonald’s
Macro

A weak yen turned Tokyo into a steal. A strong shekel turned Tel Aviv into the world’s most expensive city to buy McDonald’s

A new Deutsche Bank report highlights how defense spending bolstered the shekel and a weak yen helped Japan have the cheapest iPhones in the world.

fortune.com · Jul 19, 2026 · 1 min read
Gen X built their whole identity on never needing help. Retirement is the one door they can’t unlock alone
Macro

Gen X built their whole identity on never needing help. Retirement is the one door they can’t unlock alone

I'm a latchkey kid myself and I know from personal experience that "one more year" is never really about the money — it's about who you are without a job.

fortune.com · Jul 19, 2026 · 1 min read
Why Friday afternoon is the worst time to shop online — and marketers know the window when your guard is down
Macro

Why Friday afternoon is the worst time to shop online — and marketers know the window when your guard is down

A University of Tennessee study found that 30 seconds of Instagram scrolling is enough to make shoppers trust bold, unproven brand claims.

fortune.com · Jul 19, 2026 · 1 min read
Ginsburg and Biden’s blind spot: when leaders don’t know when to leave
Macro

Ginsburg and Biden’s blind spot: when leaders don’t know when to leave

George Washington believed it too, then walked away twice. Ginsburg and Biden believed it, and didn't.

fortune.com · Jul 19, 2026 · 1 min read
How the U.S. Constitution was designed with respect for ‘a degree of depravity in mankind’
Macro

How the U.S. Constitution was designed with respect for ‘a degree of depravity in mankind’

A 1786 tax revolt by farmers helped push Hamilton, Madison and Jay to argue for a constitution that assumed the worst of human nature, not the best.

fortune.com · Jul 19, 2026 · 1 min read
‘Right to repair’ is coming to cars, but there’s still this big blind spot as consumers demand more autonomy
Macro

‘Right to repair’ is coming to cars, but there’s still this big blind spot as consumers demand more autonomy

Automotive technology has boomed in recent years, but owner autonomy has not grown alongside it.

fortune.com · Jul 19, 2026 · 1 min read
Strong economies, strongman leaders: how China (and America’s) AI boom could create a new class of kowtowing elites
Macro

Strong economies, strongman leaders: how China (and America’s) AI boom could create a new class of kowtowing elites

A political scientist who studies autocracies says new tech fortunes tied to a leader's inner circle can sideline old guard elites — and it already is.

fortune.com · Jul 19, 2026 · 1 min read
How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight
Macro

How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight

Fuel costs and flight prices are rising, but United's second-quarter earnings show passengers aren't pushing back.

fortune.com · Jul 19, 2026 · 1 min read
Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
Macro

Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’

As Red Lobster rebounds from its “endless shrimp” bankruptcy, CEO Damola Adamolekun shares lessons from waiting tables and meeting Warren Buffett.

fortune.com · Jul 19, 2026 · 1 min read