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How surging gold prices led to the biggest jump on this year’s Southeast Asia 500
Macro

How surging gold prices led to the biggest jump on this year’s Southeast Asia 500

Surging gold prices helped lift Indonesia's Hartadinata Abadi up 115 places on the Southeast Asia 500, as investors flocked to the safe haven asset.

fortune.com · Jun 17, 2026 · 1 min read
Apple prepares second-generation iPhone Air for spring 2027
Macro

Apple prepares second-generation iPhone Air for spring 2027

Current prototypes of the new model, code-named V62, add a second rear camera for ultrawide-angle photography, according to people with knowledge of the matter.

fortune.com · Jun 17, 2026 · 1 min read
World Cup, America 250 face new risk with spy law lapse
Macro

World Cup, America 250 face new risk with spy law lapse

"We are rolling the dice with national security," one former NSA counsel warned, as the expiration of Section 702 collides with a summer of high-profile events.

fortune.com · Jun 17, 2026 · 1 min read
The affordability crisis is so bad that, for the first time ever, both mom and dad are working full-time in most American families
Macro

The affordability crisis is so bad that, for the first time ever, both mom and dad are working full-time in most American families

A new study from Pew Research found that more heterosexual parents are holding full time jobs, even as they're expected to be more involved at home.

fortune.com · Jun 17, 2026 · 1 min read
Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for
Macro

Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for

Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.

cnbc.com · Jun 17, 2026 · 1 min read
PayPal Mafia member and ex-Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades
Macro

PayPal Mafia member and ex-Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades

Roelof Botha, who spent more than two decades at VC firm Sequoia Capital, first worked with Elon Musk at PayPal.

fortune.com · Jun 17, 2026 · 1 min read
Biden’s flip-flopping on student loan promises made borrowers increase discretionary spending, and were 7.5% more likely to default as a result
Macro

Biden’s flip-flopping on student loan promises made borrowers increase discretionary spending, and were 7.5% more likely to default as a result

When the government hints at doing something big, like canceling student loans, people start acting as if it's already happened, even if it's not guaranteed.

fortune.com · Jun 17, 2026 · 1 min read
Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026
Macro

Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026

The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.

cnbc.com · Jun 17, 2026 · 1 min read
‘AI is going to create a labor shortage’: Jeff Bezos sees more jobs being created in the new economy, not less
Macro

‘AI is going to create a labor shortage’: Jeff Bezos sees more jobs being created in the new economy, not less

The Amazon founder bets AI will create a labor shortage, not a doomsday, as he debuts Prometheus, his $41B startup reengineering the physical world.

fortune.com · Jun 17, 2026 · 1 min read
Chairman Warsh drastically alters Fed rate statement. Here's what's changed
Macro

Chairman Warsh drastically alters Fed rate statement. Here's what's changed

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.

cnbc.com · Jun 17, 2026 · 1 min read
Fed holds rates steady, pares down statement to remove cutting bias
Macro

Fed holds rates steady, pares down statement to remove cutting bias

The Federal Reserve on Wednesday released its interest rate decision.

cnbc.com · Jun 17, 2026 · 1 min read
One of the most powerful El Niños on record cost the world economy $5.7 trillion. The 2026 cycle might be even stronger
Macro

One of the most powerful El Niños on record cost the world economy $5.7 trillion. The 2026 cycle might be even stronger

El Niño is here. Prepare for higher food prices, throttled trade, and a ‘systemic shock’ to the world economy.

fortune.com · Jun 17, 2026 · 1 min read
Sam Bankman-Fried’s pardon bid faces bipartisan pushback in Congress: ‘Keep him locked up’
Macro

Sam Bankman-Fried’s pardon bid faces bipartisan pushback in Congress: ‘Keep him locked up’

Sens. Cynthia Lummis and Ruben Gallego submitted a resolution that opposes a presidential pardon for the notorious crypto fraudster.

fortune.com · Jun 17, 2026 · 1 min read
Brinker’s CIO spent years rebuilding restaurant tech. Now, the Chili’s operator is ready to explore more AI
Macro

Brinker’s CIO spent years rebuilding restaurant tech. Now, the Chili’s operator is ready to explore more AI

Brinker's CIO joined in 2024 and spent two years fixing Wi-Fi, iPads, and other gadgets needed to run restaurants more efficiently. Now, he's ready for AI.

fortune.com · Jun 17, 2026 · 1 min read
The G7 has some special lunchtime guests this year: Sam Altman, Demis Hassabis and Dario Amodei
Macro

The G7 has some special lunchtime guests this year: Sam Altman, Demis Hassabis and Dario Amodei

When the White House forced Anthropic to cut off all non-American access to its most advanced models, it handed European leaders an argument.

fortune.com · Jun 17, 2026 · 1 min read
Jensen Huang on his relationship with Trump: ‘calls me in the middle of the night’
Macro

Jensen Huang on his relationship with Trump: ‘calls me in the middle of the night’

The CEO of the world's most valuable company wants "everybody" to engage with AI. "We need to create new social norms."

fortune.com · Jun 17, 2026 · 1 min read
Stock Market Today: Dow Rises Before Fed Decision; SpaceX Turns Lower; Biotechs Gain (Live Coverage)
Macro

Stock Market Today: Dow Rises Before Fed Decision; SpaceX Turns Lower; Biotechs Gain (Live Coverage)

As investors await the Federal Reserve's interest rate decision, the Dow Jones Industrial Average and other major stock indexes show signs of volatility. SpaceX experiences a downturn, while biotech stocks gain traction, highlighting the diverse movements in the market. This article delves into the implications of these shifts and what they mean for investors. ## BODY: ### A Turbulent Morning for the Markets On a day marked by anticipation and uncertainty, the Dow Jones Industrial Average and

assetmarketcap.com · Jun 17, 2026 · 4 min read
Microsoft boss Steve Ballmer once mocked Google Chrome, calling it a ‘rounding error’—Google CEO says the jab became fuel to keep going
Macro

Microsoft boss Steve Ballmer once mocked Google Chrome, calling it a ‘rounding error’—Google CEO says the jab became fuel to keep going

Before leading Google to a $4.5 trillion empire, Sundar Pichai had to rally his Chrome team after a public jab from Microsoft's CEO.

fortune.com · Jun 17, 2026 · 1 min read
The Iran war exposed Southeast Asia’s energy vulnerability. Now its import bill could triple to $245 billion
Macro

The Iran war exposed Southeast Asia’s energy vulnerability. Now its import bill could triple to $245 billion

A new IEA report finds the Iran war exposed the region's overreliance on Strait of Hormuz oil — and is now accelerating solar, EVs and nuclear.

fortune.com · Jun 17, 2026 · 1 min read
The Knicks have won 3 NBA titles, but their first parade was held up for 55 years by a budget crisis and a rejected $372 expense report
Macro

The Knicks have won 3 NBA titles, but their first parade was held up for 55 years by a budget crisis and a rejected $372 expense report

Thursday's ticker-tape celebration will be the first for a Knicks championship — denied twice in the '70s by a cost-cutting mayor.

fortune.com · Jun 17, 2026 · 1 min read
OpenAI’s backers spent $7.6 million to destroy a state legislator. Anthropic spent $10 million to rescue him
Macro

OpenAI’s backers spent $7.6 million to destroy a state legislator. Anthropic spent $10 million to rescue him

Alex Bores passed New York's toughest AI safety law — he's also a millionaire former Palantir employee. The proxy war is happening in Manhattan.

fortune.com · Jun 17, 2026 · 1 min read
More united Fed board seen at Warsh's first meeting, according to Kalshi traders
Macro

More united Fed board seen at Warsh's first meeting, according to Kalshi traders

Traders on prediction market platform Kalshi largely forecast a unanimous decision among FOMC members at Wednesday's meeting, after April's divided vote.

cnbc.com · Jun 17, 2026 · 1 min read
CME Group's Terry Duffy to step down in 2027, CFO Lynne Fitzpatrick to become CEO
Macro

CME Group's Terry Duffy to step down in 2027, CFO Lynne Fitzpatrick to become CEO

Duffy, 67, will transition to executive chairman effective March 1, 2027, the company said Wednesday.

cnbc.com · Jun 17, 2026 · 1 min read
Current price of oil as of June 17, 2026
Macro

Current price of oil as of June 17, 2026

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

fortune.com · Jun 17, 2026 · 1 min read
CFO pay surged 8% last year—and long-term incentives now account for 63% of the average package
Macro

CFO pay surged 8% last year—and long-term incentives now account for 63% of the average package

Most CFOs still earn only about a third of the top job’s package.

fortune.com · Jun 17, 2026 · 1 min read
Michael Burry is ‘tempted’ to short Elon Musk’s SpaceX, but says it’s not enticing enough for ‘fundamentally a small space company’
Macro

Michael Burry is ‘tempted’ to short Elon Musk’s SpaceX, but says it’s not enticing enough for ‘fundamentally a small space company’

“I am not involved with SpaceX now. Neither short nor, ahem, long,” wrote Burry.

fortune.com · Jun 17, 2026 · 1 min read