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The union behind California’s billionaire tax is blinking, but Gavin Newsom wants to inflict total defeat
Macro

The union behind California’s billionaire tax is blinking, but Gavin Newsom wants to inflict total defeat

Sergey Brin alone donated $82 million to defeat the measure — from a committee of fewer than a dozen donors that raised $118 million total.

fortune.com · Jun 21, 2026 · 1 min read
Meet Labour’s ‘King of the North,’ the 56-year-old representing Greater Manchester and challenging Keir Starmer
Macro

Meet Labour’s ‘King of the North,’ the 56-year-old representing Greater Manchester and challenging Keir Starmer

Andy Burnham is expected to challenge the Prime Minister after winning a seat in Parliament in a special election he hailed as a “turning point."

fortune.com · Jun 21, 2026 · 1 min read
Rural America’s farms are already being crushed by an economic crisis. They now face the risk of a ‘mini-Dust Bowl’ as a rare Super El Niño looms
Macro

Rural America’s farms are already being crushed by an economic crisis. They now face the risk of a ‘mini-Dust Bowl’ as a rare Super El Niño looms

AccuWeather warned on Friday that conditions are in place for a multi-year drought that could threaten crop yields and the water supply.

fortune.com · Jun 21, 2026 · 1 min read
Oil keeps flowing through Hormuz despite Iran saying it’s shut
Macro

Oil keeps flowing through Hormuz despite Iran saying it’s shut

Three laden oil supertankers, with a combined transport capacity of 6 million barrels, emitted signals as they were sailing through the channel on Saturday via a route that hugs Oman’s coast.

fortune.com · Jun 21, 2026 · 1 min read
Ground beef is up 20% since last year. A parasite, a drought and a July 1 trade deadline could push it higher
Macro

Ground beef is up 20% since last year. A parasite, a drought and a July 1 trade deadline could push it higher

The U.S. cattle herd is at its lowest point since the 1950s. Trump's USMCA threat could make the beef price crisis permanent.

fortune.com · Jun 21, 2026 · 1 min read
Your quartz countertop is the new asbestos — for the workers who cut it
Macro

Your quartz countertop is the new asbestos — for the workers who cut it

Over 550 California workers have developed an incurable lung disease from fabricating engineered stone for Home Depot, Lowe's, and Costco kitchens.

fortune.com · Jun 21, 2026 · 1 min read
Almost 4 in 10 Americans have a ‘junk drawer’ full of their old electronics. It’s because of a very specific anxiety
Macro

Almost 4 in 10 Americans have a ‘junk drawer’ full of their old electronics. It’s because of a very specific anxiety

It's not laziness — NSF-funded research on 4,000 consumers finds that something kicks in precisely at the moment of disposal.

fortune.com · Jun 21, 2026 · 1 min read
Russia-occupied Crimea halts gas sales to civilians as Ukraine ramps up attacks on fuel supplies while speculators sell at double market prices
Macro

Russia-occupied Crimea halts gas sales to civilians as Ukraine ramps up attacks on fuel supplies while speculators sell at double market prices

Ukrainian forces have repeatedly targeted fuel supplies to Crimea in recent weeks, triggering the worst energy crisis in the region since it was illegally annexed by Russia in 2014.

fortune.com · Jun 21, 2026 · 1 min read
A better sunscreen has been available in Europe for 25 years. It just became legal to sell in the U.S.
Macro

A better sunscreen has been available in Europe for 25 years. It just became legal to sell in the U.S.

Bemotrizinol — already common in Mexico, Canada and South Korea — won FDA approval on June 9, ending a 27-year freeze on new OTC sunscreen ingredients.

fortune.com · Jun 21, 2026 · 1 min read
Harvard scholar: the data-center backlash is just getting started
Macro

Harvard scholar: the data-center backlash is just getting started

My research found opposition is nonpartisan and spreading, from cutting water to recalling officials to passing ballot measures. Big tech faces a fight.

fortune.com · Jun 21, 2026 · 1 min read
Over 40,000 American bridges have structurally deficient ratings. Why aren’t we using quantum sensors on them?
Macro

Over 40,000 American bridges have structurally deficient ratings. Why aren’t we using quantum sensors on them?

Under current federal rules, many bridges must be inspected in, at most, 24-month intervals.

fortune.com · Jun 21, 2026 · 1 min read
The tribe called the world’s best fathers gets outpaced by rich American dads
Macro

The tribe called the world’s best fathers gets outpaced by rich American dads

The author of "Dad Brain" found surprising things about the Aka Pygmies, who spend 57 minutes on primary and 96 minutes a day on secondary childcare.

fortune.com · Jun 21, 2026 · 1 min read
The U.K. just banned social media for kids under 16. The founder of ‘safe TikTok’ says the U.S. is next
Macro

The U.K. just banned social media for kids under 16. The founder of ‘safe TikTok’ says the U.S. is next

"These are global dominoes," Zigazoo's Zak Ringelstein told Fortune. "The under-16 social media bans are spreading and the next place will be the U.S."

fortune.com · Jun 21, 2026 · 1 min read
If you’re surprised by how well the stock market is doing, so is Jamie Dimon—he says there’s a ‘little tsunami’ heading for the economy
Macro

If you’re surprised by how well the stock market is doing, so is Jamie Dimon—he says there’s a ‘little tsunami’ heading for the economy

"I am surprised because I think that you have Ukraine, Iran, oil, Russia, and our relationship with China. That stuff is really important for the free world, but it's not necessarily the economy today."

fortune.com · Jun 21, 2026 · 1 min read
NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you’re not growing, you’re dying’
Macro

NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you’re not growing, you’re dying’

NBC Nightly News anchor Tom Llamas shares his career advice for Gen Z, work-life balance philosophy, and why success starts with hustle.

fortune.com · Jun 21, 2026 · 1 min read
Your ‘proteinmaxxing’ is creating a whey shortage that’s ratcheting up prices and leaving snack companies to eat costs or make recipes worse
Macro

Your ‘proteinmaxxing’ is creating a whey shortage that’s ratcheting up prices and leaving snack companies to eat costs or make recipes worse

“You're seeing protein capitalism at play,” David Protein CEO Peter Rahal said.

fortune.com · Jun 21, 2026 · 1 min read
'Regime change but in a velvet glove': How Kevin Warsh has set out to remake the Fed
Macro

'Regime change but in a velvet glove': How Kevin Warsh has set out to remake the Fed

The first big announced changes point toward a quiet revolution, with task forces set up to rethink virtually everything done at the Fed.

cnbc.com · Jun 21, 2026 · 1 min read
Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in
Macro

Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in

Tens of millions of Americans are eating less meat and sugar on GLP-1s. The climate math behind that shift is bigger than most investors realize.

fortune.com · Jun 21, 2026 · 1 min read
Edward Jones advisor: Gen-Z doesn’t want an office happy hour. They want financial security
Macro

Edward Jones advisor: Gen-Z doesn’t want an office happy hour. They want financial security

Nearly four in five Gen Z workers don’t contribute to a workplace retirement plan, according to research from Edward Jones and Morning Consult.

fortune.com · Jun 21, 2026 · 1 min read
Sam Altman thinks AI will surpass human intelligence by 2030.  His rival AI billionaires say it’ll be even sooner
Macro

Sam Altman thinks AI will surpass human intelligence by 2030. His rival AI billionaires say it’ll be even sooner

The OpenAI CEO said GPT-5 is already smarter than he is.

fortune.com · Jun 21, 2026 · 1 min read
The national debt’s 20-year deadline and baby boomers’ spending problem: ‘a lot of incentive for every generation to try to pass a big bill’
Macro

The national debt’s 20-year deadline and baby boomers’ spending problem: ‘a lot of incentive for every generation to try to pass a big bill’

Kent Smetters, faculty director of the Penn Wharton Budget Model, estimates that we spend 6x more on older than young people — or actually more like 10x.

fortune.com · Jun 21, 2026 · 1 min read
Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won
Macro

Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won

Kamala Harris has made history as the first woman to take on the roles of San Francisco DA, California attorney general, and U.S. vice president—but no matter if she wins or loses, she’s always hit with emptiness.

fortune.com · Jun 21, 2026 · 1 min read
Nobel Laureate Daron Acemoglu on the ‘brainless’ AI discourse, the myth of capitalism and the Gen Z revolution risk
Macro

Nobel Laureate Daron Acemoglu on the ‘brainless’ AI discourse, the myth of capitalism and the Gen Z revolution risk

The MIT economist and Nobel Prize winner doesn't mince words: most of what you're reading about AI is wrong, and the stakes for getting it right are existential.

fortune.com · Jun 21, 2026 · 1 min read
Trump tries explain why the Reflecting Pool is algae green and its blue lining is peeling. Police arrest a former Olympic canoe racer on a bike ride
Macro

Trump tries explain why the Reflecting Pool is algae green and its blue lining is peeling. Police arrest a former Olympic canoe racer on a bike ride

“I'm a curious citizen. I reached down to see what it felt like. It was very rubbery.”

fortune.com · Jun 20, 2026 · 1 min read
Vice President JD Vance heads to Switzerland for talks with Iran but says he will only be there ‘for a day or two’
Macro

Vice President JD Vance heads to Switzerland for talks with Iran but says he will only be there ‘for a day or two’

The announcements indicated a rough start to the technical-level talks that key mediator Pakistan said will begin Sunday, with Qatari mediators also participating.

fortune.com · Jun 20, 2026 · 1 min read
A new trade war may be brewing. This time, Europe is taking a page from Trump’s playbook — ‘We no longer live in a world of pink ponies and rainbows’
Macro

A new trade war may be brewing. This time, Europe is taking a page from Trump’s playbook — ‘We no longer live in a world of pink ponies and rainbows’

China's goods trade surplus with the EU hit 360.6 billion euros in ​2025, up 15% from 2024. And in the first four months of this year, the gap has expanded by 10%.

fortune.com · Jun 20, 2026 · 1 min read