Advertise

Get the App

Scan with your phone to download. 35,000+ assets in your pocket.

App Store

The global leaderboard of wealth: $1.2 Quadrillion of Assets ranked by Market Cap

News

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
Cohere CEO on G7 leaders’ choice: sovereign AI or digital serfdom
Macro

Cohere CEO on G7 leaders’ choice: sovereign AI or digital serfdom

Dependence on a handful of centralized AI providers is the digital equivalent of relying on a single nation for oil.

fortune.com · Jun 17, 2026 · 1 min read
The art of the bail: Iran got what it wanted. Did the U.S.? Everyone is judging Trump’s MIA MOU
Macro

The art of the bail: Iran got what it wanted. Did the U.S.? Everyone is judging Trump’s MIA MOU

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

fortune.com · Jun 17, 2026 · 1 min read
TIAA CEO Thasunda Brown Duckett is undertaking a retirement revolution—with $1.5 trillion to back it up
Macro

TIAA CEO Thasunda Brown Duckett is undertaking a retirement revolution—with $1.5 trillion to back it up

Also: All the news and watercooler chat from Fortune.

fortune.com · Jun 17, 2026 · 1 min read
Your raise used to go offshore. Then it went to a buyback. Now it’s going to a data center
Macro

Your raise used to go offshore. Then it went to a buyback. Now it’s going to a data center

Goldman Sachs' global strategist says we've entered a "postmodern" era of finance — and the rules that made investors rich for 40 years no longer apply.

fortune.com · Jun 17, 2026 · 1 min read
A 76-year-old was about to lose his entire $3 million retirement to a scam. TIAA’s AI caught it—but a human prevented disaster
Macro

A 76-year-old was about to lose his entire $3 million retirement to a scam. TIAA’s AI caught it—but a human prevented disaster

AI is increasingly taking over. But TIAA CEO Thasunda Brown Duckett insists, “it's still all about the humans” after staff saved a retiree millions.

fortune.com · Jun 17, 2026 · 1 min read
The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America
Macro

The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America

Nuri Katz has spent 34 years moving the world's ultra-rich from one country to another, and now Americans top the list: "I've never seen that before."

fortune.com · Jun 17, 2026 · 1 min read
China pushes for AI safety as G7 summit wraps up without Beijing
Macro

China pushes for AI safety as G7 summit wraps up without Beijing

China included artificial intelligence in its global governance whitepaper published Wednesday, and said Beijing was speeding up cooperation efforts.

cnbc.com · Jun 17, 2026 · 1 min read
Trump’s OBBBA will cap federal loans on July 1. Republicans are going over Trump’s head to save student loans for nurses
Macro

Trump’s OBBBA will cap federal loans on July 1. Republicans are going over Trump’s head to save student loans for nurses

The Trump administration says borrowing caps will incentivize universities to lower costs, but Republicans aren’t taking that chance with nurses.

fortune.com · Jun 17, 2026 · 1 min read
‘Social Security is on a collision course toward insolvency,’ watchdog says. It hasn’t been this bad since 1983
Macro

‘Social Security is on a collision course toward insolvency,’ watchdog says. It hasn’t been this bad since 1983

The 2026 Social Security Trustees' Report finds the worst financial outlook in nearly half a century—and a new law signed this year made things worse.

fortune.com · Jun 17, 2026 · 1 min read
The new problem for millennial parents in the Northeast: the million-dollar starter home
Macro

The new problem for millennial parents in the Northeast: the million-dollar starter home

The first rung onto the property ladder now costs seven figures in a record 242 cities, a new Zillow report shows.

fortune.com · Jun 17, 2026 · 1 min read
He fled Iran for the American dream, became a millionaire, and could have retired—instead, he built the health tech that saved his father from cancer
Macro

He fled Iran for the American dream, became a millionaire, and could have retired—instead, he built the health tech that saved his father from cancer

Health tech millionaire fled Iran with nothing—now he skips lunch, spends $500 a month on carrot juice, and bought his whole team Rolexes.

fortune.com · Jun 17, 2026 · 1 min read
Citi, Ford, and Experian share their strategies for scaling AI agents
Macro

Citi, Ford, and Experian share their strategies for scaling AI agents

AI agents require trust. And building trust takes time. At Fortune Brainstorm Tech, business leaders discussed how they're making it work at their companies.

fortune.com · Jun 16, 2026 · 1 min read
Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
Macro

Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas

“There’s no way all these infrastructure investments can be financed by the local banking ecosystems,” Lottner says. “Vietnam’s deposit-generating capacity just isn’t big enough.”

fortune.com · Jun 16, 2026 · 1 min read
Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options
Macro

Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options

Burry argued the company's market capitalization had reached levels that dwarf many established businesses and fortunes.

cnbc.com · Jun 16, 2026 · 1 min read
Filling up your car won’t feel normal until next summer, S&P says
Macro

Filling up your car won’t feel normal until next summer, S&P says

A ceasefire between the U.S. and Iran could end the largest oil market disruption in history—and a full return to normal will take time to materialize.

fortune.com · Jun 16, 2026 · 1 min read
Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia
Macro

Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia

Yum Brands sold Pizza Hut to private equity firm LongRange Capital and Yum China Holdings Inc. for a combined $2.7 billion deal.

fortune.com · Jun 16, 2026 · 1 min read
Decision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it
Macro

Decision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it

With its decision on Anthropic's Mythos and Fable, the Trump administration has created a de facto licensing regime that throws into question the trajectory of frontier AI development.

fortune.com · Jun 16, 2026 · 1 min read
Exclusive: PayPal winds down venture arm as fintech giant restructures under new CEO
Macro

Exclusive: PayPal winds down venture arm as fintech giant restructures under new CEO

The fintech is exploring the sale of parts of its portfolio on the secondary market.

fortune.com · Jun 16, 2026 · 1 min read
Fed Chair Warsh expected to withhold 'dot' from central bank's interest rate outlook
Macro

Fed Chair Warsh expected to withhold 'dot' from central bank's interest rate outlook

The central bank's Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head.

cnbc.com · Jun 16, 2026 · 1 min read