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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
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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
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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
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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
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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’
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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
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‘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
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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
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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’
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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
Nvidia and Apple get a cut of every baby’s $1,000 Trump Account
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Nvidia and Apple get a cut of every baby’s $1,000 Trump Account

The federal gift is automatically invested in an S&P 500 fund, meaning about a fifth of every newborn's nest egg flows straight into four mega-cap tech stocks.

fortune.com · Jul 19, 2026 · 1 min read
Due to cyclospora risk, Taylor Farms expands recall of lettuce sourced from central Mexico and now includes products shipped to 27 states
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Due to cyclospora risk, Taylor Farms expands recall of lettuce sourced from central Mexico and now includes products shipped to 27 states

The states include Texas, Florida, Pennsylvania, Illinois and New Jersey.

fortune.com · Jul 18, 2026 · 1 min read
U.S. military launches new airstrikes to ‘swiftly punish’ Iran for attack on Jordan that killed American troops
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U.S. military launches new airstrikes to ‘swiftly punish’ Iran for attack on Jordan that killed American troops

U.S. Central Command said the strikes were designed to further degrade Iran’s ability to restrict the traffic of oil tankers through the Strait of Hormuz.

fortune.com · Jul 18, 2026 · 1 min read
‘Dr. Doom’ Nouriel Roubini says we’re headed for universal basic income or ‘some form of socialism’ as AI revolutionizes work—He calls that optimistic
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‘Dr. Doom’ Nouriel Roubini says we’re headed for universal basic income or ‘some form of socialism’ as AI revolutionizes work—He calls that optimistic

"Essentially, the government is going to take over some fraction of the big tech firms."

fortune.com · Jul 18, 2026 · 1 min read
Walmart removes four Taylor Farms salads as recalls spread
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Walmart removes four Taylor Farms salads as recalls spread

The retailer said Saturday there have been no confirmed illnesses associated with the items, which are sold under its Marketside store brand at select locations.

fortune.com · Jul 18, 2026 · 1 min read
Trump’s billionaire envoy to Italy is on ‘coastal diplomacy’ tour with his super yacht, but it’s enraging people in Venice. ‘It’s gross’
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Trump’s billionaire envoy to Italy is on ‘coastal diplomacy’ tour with his super yacht, but it’s enraging people in Venice. ‘It’s gross’

“The message is rather clear: For the new oligarchs to be able to travel around and normalize war and fascism, there must be local oligarchs.”

fortune.com · Jul 18, 2026 · 1 min read
The cheapest resale ticket price for the World Cup final tops $6,400, while special hospitality seats are nearly $60,000 each
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The cheapest resale ticket price for the World Cup final tops $6,400, while special hospitality seats are nearly $60,000 each

Sunday's final in East Rutherford, New Jersey is one expensive ticket.

fortune.com · Jul 18, 2026 · 1 min read
Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight
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Iran just crossed Trump’s red line for resuming all-out war as fighting continues to escalate with no end in sight

"The collapse of even this minimal understanding could remove the last barrier between episodic confrontation and a forever war."

fortune.com · Jul 18, 2026 · 1 min read
Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’
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Two U.S. troops are dead and another is missing after Iran attacks a base in Jordan as supreme leader calls Trump’s signature ‘worthless and invalid’

Since the war began, 16 U.S. service members have now been killed and over 430 wounded.

fortune.com · Jul 18, 2026 · 1 min read
A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says
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A massive margin call and ‘push-button liquidity’ have torched stocks, but they’re now poised to rebound, top Wall Street forecaster says

"I think those names are going to bounce later this year. So I don't think that the trade is over."

fortune.com · Jul 18, 2026 · 1 min read
Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election
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Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election

It's probably both.

fortune.com · Jul 18, 2026 · 1 min read
A Chinese Pink Floyd fan is giving Claude and Chat their own DeepSeek moment — an AI model just as good and half the price
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A Chinese Pink Floyd fan is giving Claude and Chat their own DeepSeek moment — an AI model just as good and half the price

Moonshot's founder trained at Carnegie Mellon. Now his Kimi K3 model is beating U.S. giants at their own game — and making Silicon Valley sweat.

fortune.com · Jul 18, 2026 · 1 min read
Citizens Bank drops links with private prison companies, citing ‘changed commercial circumstances’
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Citizens Bank drops links with private prison companies, citing ‘changed commercial circumstances’

CoreCivic and The GEO Group have been government contractors under the Trump administration to help run immigration detention centers.

fortune.com · Jul 18, 2026 · 1 min read
‘They put 100% effort into looking after you’: Wary soccer fans stunned by a look at the real America, not the image they’ve been sold by the media
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‘They put 100% effort into looking after you’: Wary soccer fans stunned by a look at the real America, not the image they’ve been sold by the media

The 30-year-old Londoner Harry Gunns said it was his first “hospitality in its absolute abundance ... it almost feels like you’re home straight away."

fortune.com · Jul 18, 2026 · 1 min read
‘My mind was just completely blown’: 2 families sue hospital after DNA proves their kids were switched at birth 38 years ago
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‘My mind was just completely blown’: 2 families sue hospital after DNA proves their kids were switched at birth 38 years ago

“Kyle is still my son — that is never going to change,” Evelyn Newton said. “But I feel robbed of the life I should have had with my biological son."

fortune.com · Jul 18, 2026 · 1 min read
Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history
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Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history

Trump’s sentiments on the 39th president have become more wistful as his once-favorite punching bag is seeming more understandable these days.

fortune.com · Jul 18, 2026 · 1 min read