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Who needs rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets amid epic stock and debt binge
Macro

Who needs rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets amid epic stock and debt binge

Corporate bond issuance in the year through May totaled $1.23 trillion, up 21% from a year ago.

fortune.com · Jun 20, 2026 · 1 min read
Americans on Trump and Iran: 65% disapprove, just like his job (dis)approval
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Americans on Trump and Iran: 65% disapprove, just like his job (dis)approval

A new AP-NORC poll finds a nine-point gap between Republicans who back his presidency and those who back his economic stewardship.

fortune.com · Jun 20, 2026 · 1 min read
‘People are tired of hearing what government can’t do’: Democratic Socialists surge nationwide
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‘People are tired of hearing what government can’t do’: Democratic Socialists surge nationwide

From Washington to New York to Seattle, DSA-aligned candidates are rebranding the left as the party of childcare and competent government.

fortune.com · Jun 20, 2026 · 1 min read
The first 100 visitors to the Obama Presidential center got a surprise: Barack and Michelle
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The first 100 visitors to the Obama Presidential center got a surprise: Barack and Michelle

“It was perfect. It was great,” said 18-year-old Houefa Agassounon from Chicago. “I was literally crying. I asked for a hug and everything.”

fortune.com · Jun 20, 2026 · 1 min read
Iran reportedly closes Strait of Hormuz again, casting shadow over nuclear talks
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Iran reportedly closes Strait of Hormuz again, casting shadow over nuclear talks

Iran's joint military command said the closure was in response to continued Israeli military operations in Lebanon.

cnbc.com · Jun 20, 2026 · 1 min read
Trump’s student loan rate cut excludes most of the 9 million borrowers in default
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Trump’s student loan rate cut excludes most of the 9 million borrowers in default

The Education Department's temporary 1% interest rate reduction requires auto-pay enrollment, loan consolidation, and good standing.

fortune.com · Jun 20, 2026 · 1 min read
‘I literally was crying last night because I’m nervous about what I’m going to find out’: a record 51% of Americans aren’t ‘cost secure’ on health
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‘I literally was crying last night because I’m nervous about what I’m going to find out’: a record 51% of Americans aren’t ‘cost secure’ on health

Half of Americans couldn't reliably afford healthcare, before the Medicaid cuts even started.

fortune.com · Jun 20, 2026 · 1 min read
U.S. Mens National Team wins consecutive World Cup games for first time since 1930, one goal away from record
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U.S. Mens National Team wins consecutive World Cup games for first time since 1930, one goal away from record

A 2-0 victory over Australia, capped by 21-year-old Alex Freeman's first World Cup goal, sent the Americans to the round of 32 as group winners,

fortune.com · Jun 20, 2026 · 1 min read
Bolivia’s president calls in military after road blockades uncork violence and death
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Bolivia’s president calls in military after road blockades uncork violence and death

The highland Indigenous and rural workers' groups — who helped vault Rodrigo Paz to power last year — have led the protests.

fortune.com · Jun 20, 2026 · 1 min read
Trump’s Cuba sanctions force the island’s biggest economic shift since Castro: towards capitalism
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Trump’s Cuba sanctions force the island’s biggest economic shift since Castro: towards capitalism

Raul Guillermo Rodriguez Castro, grandson of the revolutionary leader, said Cuba “doesn't even slightly represent a threat” to the U.S.

fortune.com · Jun 20, 2026 · 1 min read
Iran floats ‘insurance fees’ and asserts control over Hormuz
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Iran floats ‘insurance fees’ and asserts control over Hormuz

The insurance policy required by Iran is currently free, but could involve charges in the future, the country’s Persian Gulf Strait Authority said,

fortune.com · Jun 20, 2026 · 1 min read
Bitcoin's future as revolutionary as the smartphone, according to CoinDesk
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Bitcoin's future as revolutionary as the smartphone, according to CoinDesk

CoinDesk’s president of indices and data has a message for investors: Don’t count out bitcoin.

cnbc.com · Jun 20, 2026 · 1 min read
Utah’s measles outbreak has slowed, but the start of school and colder weather in the fall may create another surge. ‘It’s still transmitting’
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Utah’s measles outbreak has slowed, but the start of school and colder weather in the fall may create another surge. ‘It’s still transmitting’

More than 680 people have gotten sick since the state's first outbreak began on June 20, 2025.

fortune.com · Jun 20, 2026 · 1 min read
World Cup fans say tickets never arrived and orders were canceled. ‘He had told all his friends that he was going to that game. He literally cried’
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World Cup fans say tickets never arrived and orders were canceled. ‘He had told all his friends that he was going to that game. He literally cried’

The vast majority of complaints seem to be about StubHub, but people who bought through competitors such as SeatGeek and Vivid Seats have also reported issues.

fortune.com · Jun 20, 2026 · 1 min read
Trump shows off new Air Force One, a gift from Qatar, and admits ‘a normal president wouldn’t do this’
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Trump shows off new Air Force One, a gift from Qatar, and admits ‘a normal president wouldn’t do this’

"A normal president wants to stay away from aircraft," Trump said Friday. “But our country has to be represented properly.”

fortune.com · Jun 20, 2026 · 1 min read
Iran closes Strait of Hormuz again, citing Israel’s attacks in Lebanon, and downplays delayed talks with U.S. that will begin in Switzerland
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Iran closes Strait of Hormuz again, citing Israel’s attacks in Lebanon, and downplays delayed talks with U.S. that will begin in Switzerland

“This trip is therefore about demanding that the other side fulfill its obligations.”

fortune.com · Jun 20, 2026 · 1 min read
EY: we found your biggest AI blind spot. It’s called the ‘tempo gap’
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EY: we found your biggest AI blind spot. It’s called the ‘tempo gap’

The phenomenon quietly undermining enterprise AI adoption is about the different speeds at which you're moving.

fortune.com · Jun 20, 2026 · 1 min read
A Saints legend is selling fans a piece of professional sports for $500
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A Saints legend is selling fans a piece of professional sports for $500

Marques Colston's Champion Fund opens an owners-only world to anyone with a few hundred bucks. The catch: 5.75% in annual fees.

fortune.com · Jun 20, 2026 · 1 min read
Nvidia CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world
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Nvidia CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world

The $5 trillion tech CEO warns the future won’t be powered by tech bros—but rather the blue-collar workers.

fortune.com · Jun 20, 2026 · 1 min read
Beef is becoming a luxury as prices stay at record highs. They likely won’t come down until 2028, says Farm Bureau
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Beef is becoming a luxury as prices stay at record highs. They likely won’t come down until 2028, says Farm Bureau

Beef prices could increase as much as 18.3% this year due to high demand and higher production costs.

fortune.com · Jun 20, 2026 · 1 min read
Gen Z grad landed a job at LinkedIn by waitressing at a conference full of recruiters and handing out her résumé during breaks—now she works at Google
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Gen Z grad landed a job at LinkedIn by waitressing at a conference full of recruiters and handing out her résumé during breaks—now she works at Google

After six months of being ghosted by recruiters on LinkedIn, one Gen Z grad found a smart way of getting face-to-face with hiring managers.

fortune.com · Jun 20, 2026 · 1 min read
GoDaddy Corporate Domains chief: The next Internet land rush is happening right now
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GoDaddy Corporate Domains chief: The next Internet land rush is happening right now

ICANN's application window for branded internet suffixes closes August 12. For most companies, the boardroom hasn't noticed. It should.

fortune.com · Jun 20, 2026 · 1 min read
Executive pay climbed again in 2025—and the CEO-to-worker gap kept widening
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Executive pay climbed again in 2025—and the CEO-to-worker gap kept widening

The gap between CEO and worker pay hit a four-year high in 2025, with median CEO compensation rising 13% to $4.75 million, per new data.

fortune.com · Jun 20, 2026 · 1 min read
The Great Recession’s missing children are finally bringing college’s financial crisis into sight. Welcome to the ‘enrollment volatility’ era
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The Great Recession’s missing children are finally bringing college’s financial crisis into sight. Welcome to the ‘enrollment volatility’ era

The children that weren’t born after 2008 are starting to show up in enrollment, or lack thereof. It's pretty simple what happens when student go missing.

fortune.com · Jun 20, 2026 · 1 min read
Why odds of SpaceX merger with Tesla keep climbing every time the stock shoots up
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Why odds of SpaceX merger with Tesla keep climbing every time the stock shoots up

But a giant leap for Tesla shareholders could be a rotten move for SpaceX investors.

fortune.com · Jun 20, 2026 · 1 min read
With the exits of Apple’s Tim Cook and Dow’s Jim Fitterling, the Fortune 500 is losing two groundbreaking gay CEOs—leaving just one
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With the exits of Apple’s Tim Cook and Dow’s Jim Fitterling, the Fortune 500 is losing two groundbreaking gay CEOs—leaving just one

The departures expose how fragile LGBTQ+ gains in the C‑suite really are.

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