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Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets
Macro

Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets

The Meta CEO is seen as next to join the Tesla and SpaceX CEO. Nvidia CEO Jensen Huang is seen as the second-most-likely.

cnbc.com · Jun 22, 2026 · 1 min read
China sanctions 10 U.S. defense companies in tit-for-tat response to Pentagon’s Chinese military list
Macro

China sanctions 10 U.S. defense companies in tit-for-tat response to Pentagon’s Chinese military list

China blocked exports of dual-use goods to U.S. drone makers and rare earth miners, while banning government purchases from 46 defense firms.

fortune.com · Jun 22, 2026 · 1 min read
Elon Musk will get a billion shares of SpaceX if he can settle a million humans on Mars
Macro

Elon Musk will get a billion shares of SpaceX if he can settle a million humans on Mars

Prediction market traders think a human colony on Mars is unlikely, and SpaceX itself did not specify a timeline in its prospectus.

fortune.com · Jun 22, 2026 · 1 min read
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
Macro

The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says

"The Fed was willing to look through the tariffs, but it is losing patience after the latest round of supply shocks."

fortune.com · Jun 22, 2026 · 1 min read
Meet the 2 men putting New York’s $300 billion pension fund in play for the first time in 20 years
Macro

Meet the 2 men putting New York’s $300 billion pension fund in play for the first time in 20 years

Two insurgent Democrats say the most powerful financial office in New York has been mismanaging your money — and not to vote for the other guy.

fortune.com · Jun 22, 2026 · 1 min read
OpenAI’s new ‘super app’ boss hopes to persuade users and potential IPO investors that the company is about way more than just chat
Macro

OpenAI’s new ‘super app’ boss hopes to persuade users and potential IPO investors that the company is about way more than just chat

Folding ChatGPT and Codex into a single platform is about winning over customers—and investors.

fortune.com · Jun 22, 2026 · 1 min read
Australia scores its largest defense export ever with a $1.75 billion long-range radar deal with Canada
Macro

Australia scores its largest defense export ever with a $1.75 billion long-range radar deal with Canada

Canadian Prime Minister Mark Carney chose Australia’s radar system over comparable U.S. technology last year.

fortune.com · Jun 22, 2026 · 1 min read
The Supreme Court reinstates murder conviction for NYC boy Etan Patz, one of the first missing kids on a milk carton
Macro

The Supreme Court reinstates murder conviction for NYC boy Etan Patz, one of the first missing kids on a milk carton

The 1979 disappearance of 6-year-old Etan Patz now marks National Missing Children’s Day, and the man now convicted for his murder was serving 25 to life in prison.

fortune.com · Jun 22, 2026 · 1 min read
A record 1 in 3 Gen Z and young millennials were still living with their parents in 2025—more than during the pandemic—despite most having a job
Macro

A record 1 in 3 Gen Z and young millennials were still living with their parents in 2025—more than during the pandemic—despite most having a job

Around 70% of 25 to 34-year-olds who still live at home with their parents are actually employed.

fortune.com · Jun 22, 2026 · 1 min read
Prada preached restraint for a world in chaos—then Milan filled its summer runways with leather and knits nobody can actually wear in the heat
Macro

Prada preached restraint for a world in chaos—then Milan filled its summer runways with leather and knits nobody can actually wear in the heat

Led by Prada, designers stripped things back for next summer as luxury and practicality clashed on the runway through leather and knits

fortune.com · Jun 22, 2026 · 1 min read
Americans are fleeing the U.S. at record rates—an ex-Google engineer who left India to build a $7.2 billion AI firm says they’re making a mistake
Macro

Americans are fleeing the U.S. at record rates—an ex-Google engineer who left India to build a $7.2 billion AI firm says they’re making a mistake

He left India for Silicon Valley, built two billion-dollar companies, and insists the U.S. "remains the land of opportunity" as Americans flee.

fortune.com · Jun 22, 2026 · 1 min read
Lyft CEO: we’re setting a multi-sensor safety standard for autonomous rides
Macro

Lyft CEO: we’re setting a multi-sensor safety standard for autonomous rides

We're drawing a hard line: no fully driverless vehicle without multiple sensor redundancy will operate on the platform.

fortune.com · Jun 22, 2026 · 1 min read
Former New York governor Andrew Cuomo to co-chair joint venture between NYSE owner and crypto exchange OKX
Macro

Former New York governor Andrew Cuomo to co-chair joint venture between NYSE owner and crypto exchange OKX

“This blockchain has potential that we have not even realized,” said Cuomo, who has advised OKX since 2023.

fortune.com · Jun 22, 2026 · 1 min read
Exclusive: The AI company powering public safety operations for the 2026 World Cup just raised $250 million
Macro

Exclusive: The AI company powering public safety operations for the 2026 World Cup just raised $250 million

Peregrine was built by former Stanford gymnasts and a Palantir veteran, and has nearly tripled its valuation in just 15 months.

fortune.com · Jun 22, 2026 · 1 min read
Alan Greenspan, former chairman of the Fed, dies at age 100
Macro

Alan Greenspan, former chairman of the Fed, dies at age 100

Alan Greenspan presided over the Federal Reserve for 19 years under four presidents and mastered the art of obfuscation known as Fedspeak.

cnbc.com · Jun 22, 2026 · 1 min read
Crypto’s most controversial governance idea is making a comeback
Macro

Crypto’s most controversial governance idea is making a comeback

DAOs promised governance without rulers, but mostly delivered drama. Now some investors want to try again.

fortune.com · Jun 22, 2026 · 1 min read
Why Temasek’s CFO is moving into a new power role
Macro

Why Temasek’s CFO is moving into a new power role

Temasek moves CFO Png Chin Yee into a new leadership role and taps Wendy Koh as finance chief.

fortune.com · Jun 22, 2026 · 1 min read
South Korean chipmakers are being paid such massive bonuses it’s becoming an inflation problem for the central bank
Macro

South Korean chipmakers are being paid such massive bonuses it’s becoming an inflation problem for the central bank

The Bank of Korea is worried that a wage-price spiral is increasing consumer demand and pushing up prices.

fortune.com · Jun 22, 2026 · 1 min read
AI is turning CMOs into some of the most powerful executives in business
Macro

AI is turning CMOs into some of the most powerful executives in business

Chief marketing officers are gaining influence in the C-suite as AI reshapes consumer behavior.

fortune.com · Jun 22, 2026 · 1 min read
Veteran Middle East CEO says business in the region isn’t retreating—it’s resetting
Macro

Veteran Middle East CEO says business in the region isn’t retreating—it’s resetting

Also: All the news and watercooler chat from Fortune.

fortune.com · Jun 22, 2026 · 1 min read
Starmer quits and sets out plan for new U.K. PM by September
Macro

Starmer quits and sets out plan for new U.K. PM by September

Starmer’s departure paves the way for Andy Burnham to attempt to take over as successor.

fortune.com · Jun 22, 2026 · 1 min read
Wall Street is more focused on what Iranian officials are saying than Trump’s war-threat tweets
Macro

Wall Street is more focused on what Iranian officials are saying than Trump’s war-threat tweets

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

fortune.com · Jun 22, 2026 · 1 min read
A pet emergency can cost $8,000. For millions of Americans, that bill is now a ‘life and death’ decision
Macro

A pet emergency can cost $8,000. For millions of Americans, that bill is now a ‘life and death’ decision

As emergency vet bills climb into the thousands, more Americans are making care decisions based on their bank balance—and turning to crowdfunding to cover the rest.

fortune.com · Jun 22, 2026 · 1 min read
Dow futures drop and oil jumps as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’
Macro

Dow futures drop and oil jumps as first day of U.S.-Iran talks sees Trump threaten Tehran on Hormuz: ‘You close it and you won’t have a country’

He also said the U.S. may take over the strait, adding "I'll blow the s--t out of them. If they don't make a deal, we'll collect tolls."

fortune.com · Jun 21, 2026 · 1 min read
U.S.-Iran talks just started and Trump is already threatening to attack, causing negotiations to pause
Macro

U.S.-Iran talks just started and Trump is already threatening to attack, causing negotiations to pause

Iranian state media said talks had entered a “difficult phase” and recessed after the “publication of an insulting message by the U.S. President.”

fortune.com · Jun 21, 2026 · 1 min read
Why men keep dropping out of the labor force: It starts in childhood, when kids see how males around them struggle, economists say
Macro

Why men keep dropping out of the labor force: It starts in childhood, when kids see how males around them struggle, economists say

"Our findings suggest that experience effects can turn short-run declines in labor demand into long-run declines in labor supply."

fortune.com · Jun 21, 2026 · 1 min read